Increasing Oil Production Fueling Pipeline Network Market Growth: Major Factor in the Transformation of the Pipeline Network Market in 2025

How Will the Pipeline Network Market Grow, and What Is the Projected Market Size?
The pipeline network market has grown strongly in recent years. It will grow from $10.04 billion in 2024 to $10.69 billion in 2025, at a CAGR of 6.5%. This growth is driven by infrastructure development, economic growth, technological advancements, regulatory changes, and rising energy demand.

The pipeline network market is expected to see strong growth in the next few years, projected to reach $13.13 billion by 2029, with a CAGR of 5.3%. Growth factors include sustainability initiatives, geopolitical factors, market liberalization, digitalization, and renewable energy integration. Trends to watch include a shift to renewable energy sources, increased adoption of smart pipeline technologies, expansion of natural gas infrastructure, and a focus on pipeline safety and security.

What Key Elements Are Boosting Growth in the Pipeline Network Market?
The surge in oil production is poised to boost the pipeline network market. Oil production entails the extraction of crude oil from underground reservoirs to meet global energy demands. As energy requirements rise, along with geopolitical factors influencing supply, the need for efficient transportation of crude oil through pipeline networks is increasing. These pipelines ensure cost-effective and secure transportation of crude oil from extraction sites to refineries and distribution centers. For instance, in May 2023, the Energy Information Administration reported that U.S. crude oil production grew by 5.6% in 2022, an increase of 0.6 million barrels per day (b/d) from the previous year, reaching an average of 11.9 million b/d. New Mexico recorded the most substantial growth, with an increase of 0.3 million b/d, reaching 1.6 million b/d in 2022. Consequently, increasing oil production is fostering growth in the pipeline network market.

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Who Are the Major Industry Players Fueling Pipeline Network Market Expansion?
Major companies operating in the pipeline network market are Huawei Technologies Co. Ltd., Hitachi Ltd., Siemens AG, General Electric Company, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Emerson Electric Co, Enbridge Inc., The Williams Companies Inc., Wipro, Rockwell Automation Inc., Xylem Inc., Targa Resources Corp., KROHNE Group, BRUGG Group AG, PSI Software, Microflex LLC, Moxa, ORBCOMM, Optasense, Pure Technologies, Sensornet

Which Key Developments Are Influencing the Pipeline Network Market?
Major players in the pipeline network market are focusing on innovative solutions like Zero Emission Electro-Hydraulic Actuator (EHA) systems to enhance sustainability, efficiency, and regulatory compliance. These advanced actuator systems operate hydraulically without emitting direct emissions, supporting eco-friendly operations. For example, in August 2023, Automation Technology, Inc. (ATI), a US-based automation solutions provider for the oil and gas industry, introduced a Zero Emission Electro-Hydraulic Actuator solution. This innovative, self-contained system integrates power directly with the actuator and is available in both spring-return and double-acting configurations. It is designed to minimize carbon footprints in pipeline operations while ensuring high thrust and torque for precise valve control, along with fail-safe mechanisms for safety.

How Is the Segmentation of the Pipeline Network Market Defined?
The pipeline network market covered in this report is segmented -

1) By Offering: Solution, Operation Management And Control, Surveillance And Security, Communication System, Pipeline Geographic Information System (GIS) software, Services, Consulting, Integration and deployment, Training, Other Offerings
2) By Content: Gas Pipeline, Liquid Pipeline
3) By Applications: Pipeline Monitoring, Pipeline Operation Optimization
4) By End-User Industry: Crude And Refined Petroleum, Water And Wastewater, Other End-User Industries

Subsegments:
1) By Solution: Pipeline Monitoring Solutions, Pipeline Management Solutions, Pipeline Integrity Solutions
2) By Operation Management and Control: Flow Management, Pressure and Temperature Control, Leak Detection and Prevention
3) By Surveillance and Security: Video Surveillance Systems, Intrusion Detection Systems, Pipeline Security Sensors, Access Control Systems
4) By Communication System: Data Communication Solutions, Wireless Communication Systems, Remote Monitoring Communication, Satellite Communication Systems
5) By Pipeline Geographic Information System (GIS) Software: GIS Data Management, Pipeline Route Planning and Mapping, GIS for Pipeline Monitoring
6) By Services: Maintenance Services, Inspection and Testing Services, Emergency Response Services
7) By Consulting: Pipeline Network Design Consulting, Regulatory and Compliance Consulting, Feasibility and Risk Assessment Consulting
8) By Integration and Deployment: System Integration Services, Deployment of Pipeline Management Systems, Installation of Monitoring and Control Systems
9) By Training: Technical Training, Operator and Maintenance Staff Training, Regulatory and Compliance Training
10) By Other Offerings: Custom Solutions, Performance Optimization, Software as a Service (SaaS)

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What Is the Leading Region in the Pipeline Network Market?
North America was the largest region in the pipeline network market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pipeline network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Pipeline Network Global Market Report?

- Market Size Analysis: Analyze the Pipeline Network Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pipeline Network Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pipeline Network Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pipeline Network Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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