Press release
In-Depth Analysis of the Real-Time Pipeline Monitoring Market: Growth Opportunities, Key Trends, and Forecast 2025-2034
Real Time Pipeline Monitoring Market
Worldwide growth in the proliferation of pipeline networks is set to stimulate the expansion of the real-time pipeline monitoring market. The term 'pipeline networks' refers to systems of interconnected pipes which are engineered for the purpose of transferring gases, fluids, or other materials from one place to another. The demand for these networks is because they efficiently move fluids and gases across lengthy distances, providing a dependable and cost-effective distribution solution for a diverse range of industries. The use of real-time pipeline monitoring within these pipeline networks facilitates safe and effective operation by persistently watching over parameters such as pressure, flow rates, and temperature. This helps in identifying and resolving potential problems like leaks or blockages swiftly, mitigating accident risks and reducing downtime. To exemplify, data from the Global Energy Monitor, a US-based NGO, in December 2023, indicates that the world is currently constructing 69,700 kilometers of gas transmission pipelines at a cost of $193.9 billion, marking an 18% rise from the previous year. Asia is out in front with 82% or $117.2 billion of the construction, thanks largely to contributions from China and India. Additionally, plans are in progress for a further 228,700 kilometers of pipelines costing $723 billion. As a result, the ongoing global extension of pipeline networks is fuelling the expansion of the real-time pipeline monitoring market.
Get Your Real-Time Pipeline Monitoring Market Report Here:
https://www.thebusinessresearchcompany.com/report/real-time-pipeline-monitoring-global-market-report
What Is the projected market size and growth rate for the real-time pipeline monitoring market?
In recent years, the market size for real-time pipeline monitoring has seen robust growth. Its value is expected to rise from $9.44 billion in 2024 to $10.17 billion in 2025, showcasing a compound annual growth rate (CAGR) of 7.7%. The past growth is linked to compliance with pipeline safety regulations, a growing need for real-time pipeline monitoring, the requirement for sophisticated monitoring systems, and the quest to find ways to cut costs.
The market for real-time pipeline monitoring is projected to witness robust expansion in the immediate future, expecting it to inflate to $13.49 billion by 2029, at a compound annual growth rate (CAGR) of 7.3%. This projected development during the forecast period can be credited to factors like stern governmental regulations, the utilization of real-time observation solutions, heightened environmental cognizance, the urge to minimize the environmental consequences of pipeline incidents, and a surge in the demand for real-time observation technologies. Key trends predicted within the forecast period encompass technological advancements such as IoT, comprehensive data analysis, and artificial intelligence (AI), product innovations, the enhancement of sophisticated real-time pipeline monitoring solutions, technological advancements, and technology for amplified precision and efficiency.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15254&type=smp
What new trends are reshaping the real-time pipeline monitoring market and its opportunities?
Major players in the real-time pipeline monitoring market are prioritizing the development of technologically superior solutions like cameras with high frame rates of 150 frames per second. Such cameras offer rapid and accurate capture of incidents, crucial for spotting swift shifts or issues in the flow and ensuring prompt responses in real-time pipeline monitoring. For example, in February 2024, Process Vision Ltd, an electronic industrial process control equipment manufacturer from the UK introduced the LineVu camera. This new model offers real-time, high-definition color visuals at high frame rates and comes with automated alarms for 24/7 contamination detection. It has thermal performance capabilities ranging from 30°C (86°F) to 55°C (131°F). This high-level image clarity enables accurate detection of contamination in gas pipelines. The camera can be conveniently attached to the pipeline with a flanged (3" #900 RTJ) connection, and also offers options for threaded (1" NPT) or other flange connections through adaptors.
What major market segments define the scope and growth of the real-time pipeline monitoring market?
The real-time pipeline monitoring market covered in this report is segmented -
1) By Technology: Pipeline Inspection Gauges (PIGs), Smart Ball, Acoustic, Fiber Optic Technology, Mass Volume, Light Detection And Ranging (LIDAR), Vapor Sensing, Other Technologies
2) By Pipe Type: Metallic, Non-Metallic, Other Pipes
3) By Application: Leak Detection, Operating Condition, Pipeline Break Detection, Other Applications
4) By Industrial Vertical: Oil And Gas, Water And Wastewater, Other Industrial Verticals
Subsegments:
1) By Pipeline Inspection Gauges (Pigs): Magnetic Flux Leakage (MFL) Pigs, Ultrasonic Pigs, Eddy Current Pigs
2) By Smart Ball: Battery-Powered Smart Ball, Gas Leak Detection Smart Ball, Pipeline Integrity Smart Ball
3) By Acoustic: Acoustic Emission Technology, Ultrasonic Acoustic Monitoring, Acoustic Leak Detection
4) By Fiber Optic Technology: Distributed Temperature Sensing (DTS), Distributed Acoustic Sensing (DAS), Fiber Optic Pressure Sensors
5) By Mass Volume: Mass Flow Measurement, Volume Flow Monitoring Systems
6) By Light Detection And Ranging (LIDAR): Lidar For Pipeline Inspection, Lidar For Topography And Mapping
7) By Vapor Sensing: Gas Vapor Detection Systems, VOC (Volatile Organic Compound) Sensors
8) By Other Technologies: Remote Sensing Technologies, Drone-Based Monitoring Systems
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15254
Which geographical regions are pioneering growth in the real-time pipeline monitoring market?
North America was the largest region in the real-time pipeline monitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the real-time pipeline monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the real-time pipeline monitoring industry growth?
Major companies operating in the real-time pipeline monitoring market report are Huawei Technologies Co. Ltd.; Hitachi Ltd.; Siemens AG; General Electric Company; Cisco Systems Inc.; Mitsubishi Electric Corporation; Schneider Electric SE; Honeywell International Inc.; Enbridge Inc.; ABB Ltd.; Toshiba Corporation; Emerson Electric Co.; TC Energy Corporation; Wabtec Corporation; Rockwell Automation Inc.; Xylem; Atmos Energy Corporation; Yokogawa Electric Corporation; QinetiQ Group plc; Kamstrup AS; ORBCOMM Inc.; Perma-Pipe International Holdings Inc.; Syrinix Ltd.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=15254&type=smp
What Is Covered In The Real-Time Pipeline Monitoring Global Market Report?
•Market Size Forecast: Examine the real-time pipeline monitoring market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the real-time pipeline monitoring market for a structured understanding.
•Key Players Overview: Analyze major players in the real-time pipeline monitoring market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the real-time pipeline monitoring market.
•Segment Contributions: Evaluate how different segments drive overall growth in the real-time pipeline monitoring market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the real-time pipeline monitoring market.
•Industry Challenges: Identify potential risks and obstacles affecting the real-time pipeline monitoring market.
•Competitive Landscape: Review strategic developments in the real-time pipeline monitoring market, including expansions, agreements, and new product launches.
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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
Connect with 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.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 In-Depth Analysis of the Real-Time Pipeline Monitoring Market: Growth Opportunities, Key Trends, and Forecast 2025-2034 here
News-ID: 3919050 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Pipe
Seamless casing pipe vs ERW casing pipe
Seamless steel casing pipes-casing made of seamless steel pipe as raw material
Seamless pipe refers to a steel pipe manufactured by four methods: hot rolling, cold rolling, hot drawing, and cold drawing. There is no weld seam on the pipe body itself.
ERW casing pipe-casing made of electric welded pipe as raw material
ERW pipe refers to a straight seam welded pipe manufactured through a high-frequency resistance welding process. The raw material steel…
Comparison of ERW Welded Pipe and Seamless Steel Pipe (tested by PetroChina Pipe …
1. Outer diameter tolerance
ERW steel pipe: It is cold-formed and sizing is completed by reducing the diameter by 0.6%. The process temperature is basically constant at room temperature. Therefore, the outer diameter is controlled accurately and the fluctuation range is small, which is helpful to eliminate black leather buckles.
Seamless steel tube: The hot-rolling forming process is used, and its sizing is completed at about 8000C. The raw material composition, cooling…
Conduit Pipe Market Bolstered by Emerging New Advancements, Says QYR | ABB, Nati …
LOS ANGELES, United States: The report is an all-inclusive research study of the global Conduit Pipe market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. The market analysts and researchers have done extensive analysis of the global Conduit Pipe market with the help of research methodologies such as PESTLE and Porter’s Five Forces analysis. They have provided accurate and reliable market data and useful recommendations…
HDPE Pipes Market Current Trends and Detailed Study with Forecast to 2028 | Oil …
Global HDPE Pipes Market: Overview
The application of high density polyethylene (HDPE) pipes has increased in industry like chemical, electronics, and gas distribution. As a result of this extensive application, the global HDPE pipes market is witnessing a substantial growth in the forecast period of 2018 to 2028. Moreover, the growing demand for HDPE pipes in drainage and sewerage industry is another factor that is responsible for the growth of…
Global HDPE 100 Pipe Market 2017 LESSO, Cangzhou Mingzhu, Junxing Pipe, Ginde Pi …
In this report, the global HDPE 100 Pipe market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Global Market Report HDPE 100 Pipe Market Size, Status and Forecast 2022 provides Market information about Manufacturers, Countries, Type and Application.This HDPE 100 Pipe Industry report also states Company Profile, sales,…
Anti-corrosion Steel Pipe and Coating Steel Pipe
Anti-corrosion steel pipe refers to do anti-corruption treatment for the ordinary steel pipe with special technology, making the steel pipe equipped certain corrosion resistance.Generally used in waterproof, anti-rust, acid and alkali proof, anti-oxidation and so on.Different needs, different inside and outside wall corresponding anti-corrosion measures.Common are: epoxy coal tar anti-corrosion, anti-corrosion epoxy coatings, urethane paint anti-corrosion, IPN8710 water pipeline corrosion protection, non-toxic paint anti corrosion,anti-corrosion polymer coating, steel pipe lining…
