Press release
Pipeline Monitoring System Market Size & Growth 2024-2033
Pipeline Monitoring System Market Size
As per the report, the pipeline monitoring system market size has grown strongly in recent years. It will grow from $15.06 billion in 2023 to $16.33 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The pipeline monitoring system market size is expected to see strong growth in the next few years. It will grow to $22.42 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=9480&type=smp
Growth Of Pipeline Infrastructure Drives The Pipeline Monitoring System Market
The growth of pipeline infrastructure is expected to propel the growth of the pipeline monitoring system market going forward. Pipeline infrastructure refers to a category of infrastructure that encompasses all related infrastructure, including all privately, publicly, or cooperatively owned lines, facilities, or systems for transmitting or distributing gas, oil, and petroleum products, as well as other comparable goods or substances that either directly or indirectly serve the public. Pipeline monitoring systems help the pipeline infrastructure by developing IoT sensors to promote monitoring solutions, alerting pipelines, and dispatching technicians to pinpoint locations. For instance, in May 2021, according to a research report issued by Australia and New Zealand Banking Group Limited (ANZ), an Australian-based banking and financial services company, Australia's major infrastructure project pipeline ramped up with an increase of up to $21 billion year-on-year in 2021-22 alone. In Australia, 600 kilometers of pipeline were being constructed, with an additional 12,200 kilometers of infrastructure being considered, the total cost of this work was $18.6 billion. In addition, by 2022-23, the potential investment pipeline swells to almost $93 billion, including the $90 billion Job Keeper program. Further, Australia's construction boom coincides with $485.8 billion in pipeline development activity worldwide, consisting of 408 new pipelines, of which 70,900 km were being built and additional 122,500 km planned. Therefore, the growth of the pipeline infrastructure is driving the market for pipeline monitoring systems.
Technological Advancements Revolutionize The Market
Technological advancements have emerged as a key trend gaining popularity in the pipeline monitoring system market. Major companies operating in the pipeline monitoring system market are focused on innovating new technologies to sustain their position in the market. For instance, in April 2021, ABB Ltd., a Switzerland-based digital technologies provider, launched the world's fastest and most sensitive drone-based gas leak detection system, called Mobile Gas Leak Detection System, HoverGuard. The innovative system rapidly, safely, and accurately finds, measures, and maps leaks up to 100 meters away from the natural gas transmission and distribution pipelines, collecting lines, storage areas, and other possible causes. After a survey, it instantly creates precise digital reports that summarize the results and may be shared. HoverGuard is a significant advancement for the environment and in the detection of gas leaks.
The pipeline monitoring system market covered in this report is segmented -
1) By Type: Metallic, Non-Metallic, Concrete Pipes, Asbestos Cement Pipes
2) By Technology: Ultrasonic, PIG (Pipeline Inspection Gauge), Small Ball, Magnetic Flux Leakage, Fiber Optic, Other Technologies
3) By Application: Operating Efficiency, Leak Detection, Pipeline Break Detection
4) By End-User: Oil And Gas, Water And Wastewater, Other End-Users
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=9480&type=discount
Major companies operating in the pipeline monitoring system market report are ABB Ltd., Emerson Electric Company, Honeywell International Inc., Huawei Investment & Holding Co. Ltd., ORBCOMM Inc., Siemens AG, Schneider Electric SE, QinetiQ Group plc, Rockwell Automation Inc., TransCanada PipeLines Limited, PSI Group Inc., Pure Technologies Ltd., BAE Systems Inc., Pentair plc, Badger Meter Inc., Bentek Systems Ltd., General Electric Company, Perma-Pipe International Holdings Inc., AVEVA Group plc, Yokogawa Electric Corporation, OptaSense Ltd., International Business Machines Corporation, HollySys Automation Technology Co. Ltd., Inductive Automation Software LLC, Atmos International plc, Syrinix Ltd., Hifi Engineering (China) Co. Ltd., KROHNE Messtechnik GmbH, Sensornet Ltd., TTK Corporation .
Contents of the report:
1. Executive Summary
2. Pipeline Monitoring System Market Report Structure
3. Pipeline Monitoring System Market Trends And Strategies
4. Pipeline Monitoring System Market - Macro Economic Scenario
5. Pipeline Monitoring System Market Size And Growth
…..
27. Pipeline Monitoring System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/pipeline-monitoring-system-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Pipeline Monitoring System Market Size & Growth 2024-2033 here
News-ID: 3604600 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Pipeline
Refined Petroleum Products Pipeline Transportation Market: Insights, Trends and …
Refined Petroleum Products Pipeline Transportation Market Overview:
Refined petroleum products pipeline transportation industry comprises establishments primarily engaged in the pipeline transportation of refined petroleum products.. The global Refined Petroleum Products Pipeline Transportation Report contents include Size in value for the Refined Petroleum Products Pipeline Transportation market, drivers, trends and challenges, by end user, and growth rate during the forecast period, 2023-2030. Historical figures are also provided.
Get Sample Report @ https://reportsinsights.com/sample/671217
Key Competitors…
Presbyopia Pipeline: Insights into Novel Pipeline Therapies, Key Pharma Companie …
DelveInsight's, "Presbyopia Pipeline Insight, 2022," report provides comprehensive insights about 12+ companies and 12+ pipeline drugs in Presbyopia pipeline landscape. It covers the pipeline drug profiles, including clinical and nonclinical stage products. It also covers the therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space.
Key takeaways from the Presbyopia Pipeline Insight Report
• Presbyopia Pipeline report offers a comprehensive…
Scleroderma Pipeline | 20+ Key Players & 22+ Pipeline Drugs | DelveInsight
DelveInsight's, "Scleroderma Pipeline Insight, 2022," report provides comprehensive insights about 30+ companies and 30+ pipeline drugs in Scleroderma pipeline landscape. It covers the pipeline drug profiles, including clinical and nonclinical stage products. It also covers the therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space.
Key takeaways from the Scleroderma Pipeline Insight Report
• DelveInsight's analysis depicts a robust…
Malaria Pipeline Landscape Analysis: 15+ Key Players & 20+ Pipeline Drugs
DelveInsight's, "Malaria Pipeline Insight, 2022," report provides comprehensive insights about 15+ companies and 20+ pipeline drugs in Malaria pipeline landscape. It covers the pipeline drug profiles, including clinical and nonclinical stage products. It also covers the therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space.
In the Malaria Pipeline report, detailed description of the drug is given which…
Refined Petroleum Products Pipeline Transportation Market is Booming with Strong …
Refined Petroleum Products Pipeline Transportation Market Report research report is a wide-ranging analysis and Impact of COVID19 in the global market and the in-detail information with segmentation has been added in this intelligence report. In this report a comprehensive analysis of current global Global Refined Petroleum Products Pipeline Transportation Market market in terms of demand and supply environment is provided, as well as price trend currently and in the next…
Refined Petroleum Products Pipeline Transportation Global Market 2018: Key Playe …
Refined petroleum products pipeline transportation industry comprises establishments primarily engaged in the pipeline transportation of refined petroleum products.
Introduction of new and advanced technologies in the industry is highly increasing the demand of refined petroleum products pipeline transportation market. Several countries has begun with the usage of drones and advanced surveillance systems for pipeline monitoringand also to protect oil pipelines from any disrupt acts. With these new robotics and IoT solutions…
