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Navigating the Future: Pipeline Network Market Trends and Forecast Insights, 2025 Edition
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsPipeline Network Market Size Growth Forecast: What to Expect by 2025?
The market size of the pipeline network has witnessed a robust growth over the past few years. It is projected to rise from a value of $10.04 billion in 2024 to $10.69 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%. The past growth can be credited to elements such as infrastructure development, economic progression, innovations in technology, regulatory transformations, and demand for energy.
How Will the Pipeline Network Market Size Evolve and Grow by 2029?
The market size of the pipeline network is predicted to experience a significant expansion in the forthcoming years, ballooning to $13.13 billion in 2029 with a compound annual growth rate (CAGR) of 5.3%. The predicted growth during this forecast period can be credited to factors such as sustainability measures, geopolitical aspects, market deregulation, digital transformation, and the integration of renewable energy. The forecast period also expects to see trends like the move towards renewable energy sources, a rise in the utilization of smart pipeline technologies, development of the natural gas infrastructure, the incorporation of artificial intelligence and machine learning, as well as an increased emphasis on pipeline security and safety.
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What Drivers Are Propelling the Growth of Pipeline Network Market Forward?
As oil production rises, it is anticipated to propel the pipeline network market's expansion. The extraction or pumping of crude oil from underground reservoirs or oil wells is commonly referred to as oil production. The increase in oil production is a reaction to the escalating global energy demand and geopolitical factors, focusing on fulfilling the growth in fuel and petrochemical requirements, simultaneously promoting economic progress and energy security. Pipeline networks play an indispensable role in oil production, ensuring crude oil is effectively transported from extraction spots to refineries and distribution centers. This engagement guarantees a dependable and cost-friendly supply chain. For example, in May 2023, the Energy Information Administration, a US-based government agency, revealed that U.S. crude oil production witnessed a growth of 5.6% in 2022. This spike equates to a rise of 0.6 million barrels per day (b/d) compared to the prior year, culminating in an average of 11.9 million b/d. New Mexico featured the most prominent increase in crude oil production, establishing a state record with an increment of 0.3 million b/d, pushing the total to 1.6 million b/d in 2022. Hence, the rising oil production is prompting the growth of the pipeline network market.
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Which Emerging Trends Are Transforming the Pipeline Network Market in 2025?
The primary enterprises in the pipeline network industry are investing their efforts into the creation of cutting-edge solutions like the Zero Emission Electro-Hydraulic Actuator (EHA) solution. Their objective is to bolster environmental preservation, augment operational efficiency, and adhere to rigidly strict regulations concerning emission reduction. The zero emission electro-hydraulic actuator (EHA) solution is a forward-thinking actuator system built to administer hydraulic procedures without discharging direct emissions. It is designed to be sustainable and eco-friendly. In August 2023, the renowned US-based firm, Automation Technology, Inc. (ATI), which excels in coming up with groundbreaking automation solutions for the oil and gas sector, introduced the Zero Emission Electro-Hydraulic actuator solution. This exceptional system, specifically crafted to eradicate the carbon footprint linked to pipeline operations, is self-contained and channels power directly to the actuator. Additionally, this system is available in both spring-return and double-acting configurations. These progressive developments aim to aid the industries' shift towards environmentally friendly operations and adherence to environmental regulations. The actuator is designed to provide both high thrust and torque capabilities, allowing for fast and accurate valve control. It also ensures safety by incorporating fail-safe mechanisms.
What Are the Key Segments in the Pipeline Network Market?
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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Who Are the Key Players Shaping the Pipeline Network Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth 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.
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