Press release
North America Pipeline Pigging Services Market Sets New Record, Projected at USD 5,669.39 Million by 2032 at 5.3% CAGR
North America Pipeline Pigging Services Market
The recent shale revolution has led to a major increase in the development of new oil and gas transportation networks, which has, in turn, fostered steady expansion in the pipeline pigging services industry in North America.
๐๐ก๐ ๐ ๐ฎ๐ง๐๐๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ญ๐๐ญ๐ฌ:
โ The North America pipeline pigging services market was valued at USD 3,552.30 million in 2023.
โ The market is anticipated to grow to USD 5,669.39 million by 2032, exhibiting a CAGR of 5.3% during the forecast period.
โ With the biggest market share for pipeline pigging services in North America, the United States dominated the industry.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/north-america-pipeline-pigging-services-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง:
The phrase pipeline pigging services refers to the collection of techniques and equipment used in a number of industries, such as oil and gas, petrochemicals, and water distribution, to inspect, clean, and repair pipelines. The term "pigging" originates from the devices known as "pigs" that are inserted into the pipelines for these purposes. These pigs are typically spherical or cylindrical, and they are equipped with a range of tools and equipment according to the specific task at hand.
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The market for pipeline pigging services in North America is competitive, with both well-established businesses and up-and-coming specialist suppliers. Here are some of the prominent players operating in the North America pipeline pigging services market:
โข American Pipeline Solutions
โข Baker Hughes
โข Dexton Technology USA
โข Enduro Pipeline Solutions
โข HPS Hygienic Pigging Systems
โข iNPIPE PRODUCTS
โข Montauk Services
โข Pigging Smarter
โข SFE Global
โข SGS SA
โข Sun Pipeline Solutions
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/3900/2
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ข๐ฉ๐๐ฅ๐ข๐ง๐ ๐๐ข๐ ๐ ๐ข๐ง๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข The intelligent pigging services are expected to grow at the fastest CAGR owing to their wide applications in various industries to identify and qualify the problem related to pipeline pigging services.
โข The metal loss/corrosion detection segment has dominated. Owing to the region's vast network of aging pipelines, especially in the oil and gas industry, it is expected to grow at the fastest CAGR.
โข The U.S. is currently at the forefront of the Pipeline Pigging Services market in North America, owing to technological advancements such as the development of intelligent pigs provided with data analytics and sensor capabilities to enhance the effectiveness and accuracy of pipeline inspections.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
โข Expansion into Untapped Markets: Opportunities exist for pigging service providers to expand their operations into regions with less developed pipeline infrastructure.
โข Adoption of Smart Pigging Technology: Increased use of smart pigs, which provide detailed data on pipeline conditions, can enhance the value of pigging services.
โข Pipeline Network Expansion Projects: New pipeline construction projects across North America present significant opportunities for pigging service providers to offer their maintenance and inspection services.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/north-america-pipeline-pigging-services-market
๐๐๐ญ๐๐ ๐จ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
The North America pipeline pigging services market is segmented by applications, end-use, services, and country. Services analysis indicates that the market is controlled by the pigging segment. Throughout the projection period, the intelligent pigging services are expected to grow at the fastest CAGR.
Additionally, the market has been dominated by the metal loss/corrosion detection sector, which, according to application analysis, is expected to expand at the fastest CAGR throughout the projected period.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
APAC Pipeline Pigging Market: https://www.polarismarketresearch.com/industry-analysis/apac-pipeline-pigging-market
Hydrogen Storage Tanks and Transportation Market: https://www.polarismarketresearch.com/industry-analysis/hydrogen-storage-tanks-and-transportation-market
Digital Oilfield Market: https://www.polarismarketresearch.com/industry-analysis/digital-oilfield-market
Power Rental Market: https://www.polarismarketresearch.com/industry-analysis/power-rental-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
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