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Increasing Oil Production Fueling Pipeline Network Market Growth: A Key Driver Powering Pipeline Network Market Growth In 2025
The Pipeline Network 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 Current Pipeline Network Market Size and Its Estimated Growth Rate?
In recent times, the market size for the pipeline network has seen substantial growth. The projections indicate an increase from $10.04 billion in 2024 to $10.69 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.5%. Factors like infrastructure enhancement, economic progression, advancements in technology, changes in regulations, and energy requirement have contributed to the growth previously experienced.
In the coming years, the pipeline network market is projected to experience robust growth, reaching a valuation of $13.13 billion by 2029, with a compound annual growth rate (CAGR) of 5.3%. The anticipated growth within this period can be linked to factors like sustainability initiatives, geopolitical influences, market deregulation, digitalization, and the incorporation of renewable energy. Some noteworthy future trends include a move towards renewable energy sources, increased utilization of intelligent pipeline technologies, development of natural gas infrastructure, incorporation of artificial intelligence and machine learning, and an emphasized attention towards pipeline safety and security.
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How Are Emerging Segments Shaping the Pipeline Network Market Landscape?
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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Which Growth Factors Are Influencing Pipeline Network Market Expansion?
The rise in oil extraction is projected to bolster the expansion of the pipeline network market. Oil production is traditionally about the mining or drawing of crude oil from subterranean reservoirs or oil wells. There is a notable uptick in oil production due to the increasing global energy demand and geopolitical contexts with an aim to fulfill heightened fuel and petrochemical requirements while simultaneously aiding economic growth and securing energy. Pipeline networks play an integral role in oil production by facilitating the efficient transportation of crude oil from points of extraction to refineries and distribution hubs, thereby ensuring a cost-efficient and trustworthy supply chain. For example, data from the Energy Information Administration, a US government agency, in May 2023 showed that the U.S. crude oil production saw a 5.6% increase in 2022 equivalent to a 0.6 million barrels per day (b/d) rise from the previous year, averaging at 11.9 million b/d. New Mexico observed the largest surge in crude oil production, hitting a state record with a 0.3 million b/d rise to 1.6 million b/d in 2022. Consequently, the escalating oil production is propelling the growth of the pipeline network market.
Who Are the Dominant Players Across Different Pipeline Network Market Segments?
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
What Are the Latest Developing Trends in the Pipeline Network Market?
Key players in the pipeline network market are concentrating their efforts on the creation of novel solutions like the Zero Emission Electro-Hydraulic Actuator (EHA) solution. These innovations are geared towards enhancing environmental sustainability, boosting operational efficiency and satisfying strict regulatory standards concerning emissions reduction. The zero emission electro-hydraulic actuator (EHA) solution is a sophisticated actuator system that governs hydraulic mechanisms without generating direct emissions, which aligns with operations that are eco-friendly and sustainable. For instance, in August 2023, a US-based company named Automation Technology, Inc. (ATI), which focuses on the creation of groundbreaking automation solutions for the oil and gas sector, unveiled a Zero Emission Electro-Hydraulic actuator solution. This system is specifically designed to eradicate the carbon footprint linked with pipeline operations, the innovative system is self-sufficient and merges power directly with the actuator, offered in both spring-return and double-acting configurations. These enhancements aim to aid the industry's shift towards greener operations and adherence to environmental rules. The actuator is designed for high thrust and torque capacities, asssuring fast and exact valve control while keeping safety and fail-safe mechanisms intact.
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Which Geographic Regions Are Expected to Dominate the Pipeline Network Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Pipeline Network Market?
2. What is the CAGR expected in the Pipeline Network Market?
3. What Are the Key Innovations Transforming the Pipeline Network Industry?
4. Which Region Is Leading the Pipeline Network Market?
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