Press release
Global Intelligent Pigging Market to reach USD 0.86 Billion with a CAGR of 4.69% by 2027
Global Intelligent Pigging Market is valued approximately at USD 0.62 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.69% over the forecast period 2021-2027. Intelligent pigging is a pipeline inspection process in which a smart pig, or inspection probe, is pushed through the pipeline to gather essential data such as the occurrence and location of corrosion or other defects in the pipe inner walls. It assists in pipeline cleaning by scraping the pipe’s sides and removing dirt and debris as it passes through. As they move along the product flow through the pipe, intelligent pigs may conduct advanced inspection activities in addition to cleaning. The intelligent pigging market is driven by the benefits of intelligent pigging solutions and an increase in government regulations for pipeline inspections. Inspection of pipelines is an essential part of asset integrity protection.Ask For Sample Pages Of This Report @ https://www.intelligencemarketreport.com/report-sample/23577
To maintain safety and effectively reduce risks, pipeline operators must monitor for signs of metal failure, internal and external corrosion, and other irregularities. Carrying or transmitting large quantities of flammable or explosive materials, such as natural gas or oil, across pipelines necessitates extreme caution, as even a minor leak can have devastating results. For instance, pipelines transport about 70% of crude oil and refined products in the United States. Furthermore, for example, according to the U.S. Environmental Protection Agency (EPA), operation pipeline safety regulations are based on several inspection factors such as pipe pressure testing, corrosion monitoring, welding, accident reporting, building, emergency response, and more. Included in its inspection and reparation programs, pipeline and hazardous materials safety administration (PHMSA) works to ensure that pipelines are carried out through the high-impact fields. However, Unpiggable Pipelines Render Intelligent Pigging Cumbersome which may impede market growth over the forecast period of 2021-2027.
Major market players included in this report are:
A.Hak Industrial Services
SGS SA
Quest Integrity Group
Cdria Pipeline Services
Rosen Group
NDT Global
Enduro Pipeline Services
Intertek Group
Halfwave As
Corrosion Control Engineering
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By Pipeline Type:
Gas
Liquid
By Technology:
Magnetic Flux Leakage
Ultrasonic
Caliper
By Application:
Metal Loss/Corrosion Detection
Geometry Measurement & Bend Detection
Leak Detection
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Target Audience of the Global Intelligent Pigging Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Manager - Business Development
Intelligence Market Report
sales@intelligencemarketreport.com
UK (+44) 208 638 5991
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