Press release
Global Intelligent Pigging Market to Grow from USD 785.83 Million in 2023 to USD 1,173.81 Million by 2030 at a CAGR of 5.9% - Intelligent Pigging Market Forecast
According to a new report by Maximize Market Research, the global Intelligent Pigging Market was valued at USD 785.83 million in 2023 and is expected to reach USD 1,173.81 million by 2030, growing at a compound annual growth rate (CAGR) of 5.9%. The forecast period (2024-2030) will see growth across segments such as pipeline type, technology, and application globally, with major drivers including stricter regulations, growth in gas pipeline infrastructure, and technological advances in defect detection. The global intelligent pigging market is projected to reach USD 1,173.81 million by 2030, driven by increasing pipeline safety regulations and demand for corrosion detection technologies.► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/3782/
♦ Key Highlights:
Market size in 2023: USD 785.83 million; Forecast 2030 size: USD 1,173.81 million; CAGR: 5.9% during 2024-2030.
Leading technology segment: Corrosion detection, dominating over geometry & bend detection & leak detection.
Largest pipeline type: Gas pipelines, holding about 70% share of the market in 2023.
Fastest-growing / largest regional market: North America leads; Asia-Pacific showing significant growth.
Key drivers: growing awareness of pipeline safety; regulatory enforcement; technological innovations in inspection methods like magnetic flux leakage and ultrasonic; increasing infrastructure investment. Key restraints: high installation cost; skilled labor scarcity; challenges with varying pipeline diameters and bend configurations.
Top companies: T.D. Williamson; Baker Hughes; Rosen Group; NDT Global; Enduro Pipeline Services; Intertek Group; Applus; Lin Scan; Dacon Inspection Services; Onstream Pipeline Inspection; SGS SA; Hak Industrial Services; Quest Integrity Group; others.
♦ Market Outlook
The global intelligent pigging market is expected to expand at a CAGR of 5.9% between 2024 and 2030, growing from approximately USD 785.83 million in 2023 to USD 1,173.81 million by 2030. Intelligent pigging - using non-destructive testing methods such as ultrasonic and magnetic flux techniques - is increasingly used for detecting issues like stress corrosion , pitting, dents, gouges, longitudinal , and leaks. The corrosion detection segment remains dominant, reflecting heavy losses in oil & gas industries due to corrosion and the critical need for preventive maintenance.
► Get access to the full description of the report @https://www.maximizemarketresearch.com/market-report/global-intelligent-pigging-market/3782/
♦ Regional Insights
North America holds the largest share of the intelligent pigging market, owing to its mature pipeline infrastructure, stringent regulatory mandates (e.g., by PHMSA in the U.S.), and strong adoption of safety and inspection technologies.
Asia-Pacific is the second largest region and is expected to witness rapid growth due to increasing natural gas infrastructure investment, cross-border oil and gas supply agreements, and intensified safety regulation. China, India, and Southeast Asian nations contribute heavily.
Other regions (Europe, Middle East & Africa, Latin America) also contribute, but face different constraints depending on regulatory strength, infrastructure maturity, and local industrial activity.
♦ Key Players & Competitive Landscape
Major participants in the intelligent pigging market include T.D. Williamson, Baker Hughes, Rosen Group, NDT Global, Enduro Pipeline Services, Intertek Group, Applus, Lin Scan, Dacon Inspection Services, Onstream Pipeline Inspection, SGS SA, Hak Industrial Services, Quest Integrity Group, among others. These companies compete on technology, service portfolio, geographic presence, and regulatory compliance. The report also highlights recent innovations such as machine learning/AI-based pig tracking, advanced transmitter and sensor systems, and improvements in inspection tools.
♦ Quote
"Given the rising global focus on safety, environmental protection, and pipeline integrity, the intelligent pigging market represents a compelling opportunity," said an analyst at Maximize Market Research. "Advances in corrosion detection and magnetic flux leakage technology, combined with increasing regulatory pressure, are making intelligent pigging indispensable for operators in gas and oil pipeline sectors."
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Contact Maximize Market Research:
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Pune Bangalore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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