Pipeline Transportation Market to Expand with Significant CAGR During 2021-2031 | Alstom SA, ABB Ltd., Schneider Electric, Siemens

New York, According to a new market research report published by Global Insight Services Pipeline Transportation Market is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Pipeline transportation is a system of transporting fluids or gases by pipeline. Pipeline transportation is used for both liquids and gases. The main advantage of pipeline transportation is that it is much cheaper and more efficient than other methods of transportation, such as trucking or rail. Pipeline transportation is also much safer than other methods of transportation, because there is no risk of spillage or leakage.

Key Trends

There are a few key trends in pipeline transportation technology:

1. Increasing use of sensors and automation: Sensors are being used more and more to monitor various aspects of pipeline operations, from flow rates and pressures to temperatures and leak detection. This data is then used to automatically adjust various aspects of the pipeline operations in order to improve efficiency and safety.

2. Improved leak detection: Newer pipeline technologies include improved leak detection methods that can help operators identify and fix leaks more quickly and efficiently.

3. Greater use of data: Data collected from sensors and other sources is being used more and more to help improve pipeline operations. This data can be used to identify trends and potential problems, and to make decisions about things like maintenance and repairs.

Key Drivers

Pipeline transportation is a critical infrastructure for the movement of crude oil and natural gas from production areas to refining centers and end-use markets. The key drivers of pipeline transportation market are:

1. Increasing energy demand: Global energy demand is expected to grow at a moderate pace in the coming years, led by rising demand in developing countries. This will require additional pipeline infrastructure to be built to transport oil and gas from production areas to market.

2. Shale gas development: The development of shale gas resources in the United States has led to a boom in natural gas production. This has created a need for additional pipeline capacity to transport gas to market.

3. Oil sands development: The development of oil sands in Canada has led to a significant increase in crude oil production. This has created a need for additional pipeline capacity to transport oil to market.

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Market Segments

The Pipeline Transportation Market is segmented on the basis of type, solution, service, and region. On the basis of type, the market is divided into oil & gas, coal, chemical, water, and other. By solution, it is classified into security solutions, automation and control, integrity and tracking solution, network communication solution, and others. The services introduced in the study include consulting service, managed service, and maintenance & support. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Pipeline Transportation Market report includes players such as Alstom SA, ABB Ltd., Schneider Electric, Siemens, Emerson Electric Co., ESRI, Trimble Navigation Limited, Rockwell Automation, FMC Technologies, and Alcatel-Lucent.

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Reasons to buy Pipeline Transportation Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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