Growing Demand for Oil and Gas Drives Pipeline Infrastructure and Boosts Pipeline Safety Market: A Key Driver Powering Pipeline Safety Market Growth In 2025

The Pipeline Safety 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].

How Big Is the Pipeline Safety Market Size Expected to Be by 2034?
Over the past few years, the pipeline safety market has seen robust growth. Its market size is set to rise from $9.82 billion in 2024 to $10.67 billion in 2025, marking a compound annual growth rate (CAGR) of 8.6%. The growth during the historical period can be credited to strict regulatory compliance, rising environmental concerns, widening of pipeline networks, public safety awareness, and efforts in preventing accidents and leakages.

The market size for pipeline safety is projected to experience swift expansion in the upcoming years, reaching $16.59 billion by 2029 with a compound annual growth rate (CAGR) of 11.7%. This projected growth during the forecast period can be ascribed to the incorporation of sophisticated analytics, the deployment of remote monitoring, an increased focus on cybersecurity measures, and a proactive approach to maintenance. Key anticipated trends within this forecast period encompass the use of drone technology for surveillance, improved communication and collaboration platforms, management of regulatory compliance, the application of augmented reality (AR) for training and maintenance, as well as hybrid solutions for pipeline monitoring.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5144

What Are the Emerging Segments Within the Pipeline Safety Market?
The pipeline safety market covered in this report is segmented -

1) By Component: Solutions, Services
2) By End User: Natural Gas, Crude Oil, Refined Products, Other End Users
3) By Application: Onshore, Offshore

Subsegments:
1) By Solutions: Pipeline Monitoring Systems, Leak Detection Systems, Pipeline Inspection Systems, Risk Assessment Software, Other Safety Solutions
2) By Services: Consulting Services, Maintenance And Repair Services, Training And Support Services, Emergency Response Services, Other Safety Services

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5144&type=smp

What Long-Term Drivers Are Shaping Pipeline Safety Market Trends?
The escalating need for oil and gas fuels the expansion of pipeline infrastructure, thereby promoting the pipeline safety market's development. The growth of pipeline infrastructure is due to the requirement for dependable, proficient transfer of oil, gas, and other resources across lengthy durations. This allows for power distribution, mitigates transport expenses, and backs economic escalation in various territories. Pipeline safety bolsters pipeline infrastructure by guaranteeing the safe transport of resources, diminishing hazards of spills, leaks, or explosions, and lengthening the pipelines' longevity through habitual monitoring and sustenance. For example, in February 2024, as per gov.uk, a website that provides information on the UK's public sector, the national framework and construction pipeline for 2023 entail a £379 ($491.92) billion projected investment, with £164 ($212.86) billion expected to happen by 2024/25. Consequently, the increase in the deployment of gas pipelines spurs the demand for pipeline safety market expansion.

Who Are the Top Competitors in Key Pipeline Safety Market Segments?
Major companies operating in the pipeline safety market include Exxon Mobil Corporation, Chevron Corporation, Marathon Petroleum Corporation, Valero Energy Corporation, The Phillips 66 Company, Energy Transfer Partners L.P., Siemens AG, General Electric Company, Plains All American Pipeline L.P., Cisco Systems Inc., Enbridge Inc., Schneider Electric SE, Honeywell International Inc., ABB Ltd., Kinder Morgan Inc., TransCanada Corporation, Williams Companies Inc., Rockwell Automation Inc., AVEVA Group plc, Total Safety Inc., Perma-Pipe Inc., Senstar Corp, Future Fiber Technologies, TTK Leak detection System, ESRI Inc., Magellan Midstream Partners L.P.

What Are the Major Trends Shaping the Pipeline Safety Market?
Leading enterprises in the pipeline safety market are focusing on the creation of pipeline safety instruments that incorporate ultrasonic testing technology, allowing for improved accuracy and efficiency in detecting leaks, corrosion, and structural deficiencies. This non-destructive testing (NDT) method uses high-frequency sound waves to identify potential problems, gauge material thickness, and assess the structural soundness of parts. For example, in October 2024, NDT Global LLC, a company based in the United States, partnered with Saudi Aramco Group, a company from Saudi Arabia, to introduce a 56-inch Ultrasonic Inspection Tool. This pipeline safety instrument employs ultrasonic testing technology to apply high-frequency sound waves for identifying internal flaws in pipeline materials. This non-harmful testing technique is exceptionally valuable for identifying issues such as corrosion, fissures, and other structural anomalies, all the while ensuring the pipeline remains unharmed.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/pipeline-safety-global-market-report

Which Regions Are Becoming Hubs for Pipeline Safety Market Innovation?
North America was the largest region in the pipeline safety market in 2024. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the pipeline safety market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Pipeline Safety Market?
2. What is the CAGR expected in the Pipeline Safety Market?
3. What Are the Key Innovations Transforming the Pipeline Safety Industry?
4. Which Region Is Leading the Pipeline Safety Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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.