Press release
Increase in Concern over the Safety of Pipelines and Energy Infrastructure Expected to Drive Global Intelligent Pigging Services Market: Ken Research
Intelligent Pigging is a specific type of inspection method in which an inspection probe also recognized as smart pig is driven by a pipeline to collect the important data for instance presence & location of corrosion or other imperfections on the inside walls of the pipe. It helps clean the piping by removing the sides of the pipe and removing dirt and debris as it passes through. In addition to cleaning, a smart or intelligent pig is also capable of performing advanced inspection tasks as it moves with the flow of product through the tube. Intelligent pigging helps in inspecting for pitting, weld anomalies, erosion-corrosion, metal loss, etc. by using the nondestructive examination methods including magnetic flux leakage testing and ultrasonic testing. Intelligent Pigging has various applications in oil & gas pipelines. Increasing concerns regarding the safety of pipelines & energy infrastructure have contributed to the growth of intelligent pigging services market. The intelligent cleaning service offers many advantages, for example it helps to clean or inspect pipes without stopping the product flow.For More Details:-
https://www.kenresearch.com/technology-and-telecom/it-and-ites/intelligent-pigging-services/444566-105.html
Referring to the study, Global Intelligent Pigging Services Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027. Some of the key companies operating in the global intelligent pigging services market include T.D. Williamson, Enduro, LIN SCAN, GE, Baker Hughes, NDT Global and among others.
Based on types,Global intelligent pigging services market can be segmented as Ultrasonic Test (UT) and Magnetic Flux Leakage (MFL). MFL segment dominates the global market owing to rise in demand for magnetic flux leakage based intelligent pigging for inspection & measurement of metal loss because of corrosion or gouges. In addition, based on application, market can be segmented as gas industry and oil industry.
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Rise in awareness about safety concerns of pipelines & energy infrastructure, followed by favorable government rules and regulations for pipeline inspections, increase in concern over the safety of pipelines and energy infrastructure and benefits of intelligent pigging solutions are some major factors, which are responsible for growth of the intelligent pigging services market. Apart from this, very sensitive pipelines in case of petroleum industry may impact the market. Moreover, increase in use of small-diameter intelligent pigs is a leading opportunity for market. Furthermore, long term contracts with the petroleum industry and introduction to tiny intelligent pigs instead of conventional pipeline cleaners are key trend for global market.
For More Details:-
https://www.kenresearch.com/technology-and-telecom/it-and-ites/intelligent-pigging-services/444566-105.html
Based on regional analysis, the North-America is a leading region in global intelligent pigging services market owing to presence of largest pipeline infrastructure coupled with strict regulations governing the operations & integrity of pipelines across the region. The Asia-Pacific and Europe regions are projected to exhibit substantial growth rate due to growth in production and exploration of crude oil & gas over the forecast period. It is anticipated that future of the global intelligent pigging services market will be bright as a result of rise in demand for flexible products coupled with growth in adoption of magnetic flux leakage technology during the forecast period.
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Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
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