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Pipeline Transport Market size, Share, Growth, Trends And Forecast 2023-2032 | Major Players: ABB Group, Alcatel-Lucent Enterprise, Emerson Electric Co., FMC Technologies Inc., Schneider Electric SE
Pipeline Transport Market Report
The Business Research Company's Pipeline Transport Global Market Report 2023 identifies an increase in demand for oil and gas as the major driver for the pipeline ransport market's growth in the forecast period. Oil and gas refer to natural resources extracted from the earth that are used for various energy and industrial purposes, including petroleum and natural gas. Pipeline transport increases oil and gas demand by providing a cost-effective and efficient means of moving these resources from production sites to distribution centers and consumers, reducing transportation costs and enhancing accessibility, thus encouraging greater consumption.
The pipeline transport market size has grown strongly in recent years. It will grow from $147.83 billion in 2023 to $157.91 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to economic growth, infrastructure development, energy demand, regulatory changes, geopolitical factors.
The pipeline transport market size is expected to see strong growth in the next few years. It will grow to $205.28 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%.
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Major competitors in the pipeline ransport market are ABB Group, Alcatel-Lucent Enterprise, Emerson Electric Co., FMC Technologies Inc., Schneider Electric SE.
A key trend in the pipeline ransport market includes augmented reality for efficient maintenance operations. Major companies in the pipeline transport market are implementing next-generation gas distribution modules to gain a competitive advantage by improving safety, efficiency, and environmental sustainability in the distribution of natural gas. Mobile Pipeline modules are a type of gas distribution system that allows transport of compressed and renewable natural gas to those who need it, when they need it.
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The pipeline ransport market is segmented -
•By Type: Crude Oil Pipeline Transport, Natural Gas Pipeline Transport, Refined Petroleum Products Pipeline Transport, Other Pipeline Transport
•By Solutions: Security Solutions, Automation And Control, Integrity And Tracking Solution, Network Communication Solution, Other Solutions
•By Services: Consulting Service, Managed Service, Maintenance And Support
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the pipeline ransport market.
The Business Research Company's "Global Pipeline Transport Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Pipeline Transport Market Include:
1. Executive Summary
2. Pipeline Transport Market Characteristics
3. Pipeline Transport Product/Service Analysis -Product/Service Examples
4. Pipeline Transport Market Trends And Strategies
5. Pipeline Transport Market - Macro Economic Scenario
……
68. Global Pipeline Transport Market Competitive Benchmarking
69. Global Pipeline Transport Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Pipeline Transport Market
71. Pipeline Transport Market Future Outlook and Potential Analysis
72. Appendix
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