Global Pipeline Integrity Market is expected to reach $2.78 billion by 2027 growing at a CAGR of 6.2% during 2018 to 2027.

Some of the key players profiled in the Pipeline Integrity market include T.D. Williamson, SGS, Schneider Electric, Rosen, Quest Integrity Group, NDT Global, Emerson, Dacon Inspection Technologies, Baker Hughes, A GE Company, Applus and Altus Intervention.

Gaithersburg, Maryland, United States – September 9, 2019 /MarketersMedia/ —

Increased government rules and regulations for pipeline assessment, rising investments in pipeline infrastructure and developments in the field of integrity management are some of the factors fuelling market growth. Moreover, the introduction of the digital twin technology in pipeline operation is providing opportunities for market growth. However, troubles in pipeline assessment and cross-border pipelines are the restraining factors for the market.

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A pipeline integrity system is a system that guarantees that pipeline and its auxiliary parts are working properly. It ensures that pipelines are designed, built, and operated in a safe, sustainable, and reliable manner. During the pipeline integrity process, pipelines are properly inspected to distinguish, describe, and verify pipeline defects at any phase of the asset lifecycle. The integrity of the pipeline examination includes in-line inspection, pressure-test verification, pressure-test verification, material verification, and direct assessment.

Based on Application, Onshore segment is likely to have a huge demand due to the growing demand for oil & gas and rising environmental concerns identified with its transportation. The onshore segment represents various evaluations such as metal loss/corrosion, geometry deformation, and crack & leak detection.

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By Geography, North America is going to have a lucrative growth during the forecast period due to increasing shale gas & oil production and favourable regulations related to the licensing of Exploration & Production (E&P) activities. The United States has a highly integrated network of pipelines for transferring natural gas throughout the continent.

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Services Covered:
• Testing Services
• Software Services
• Monitoring Services
• Inspection Services
• Cleaning Services

Products Covered:
• Refined Products
• Oil
• Gas

Applications Covered:
• Onshore
• Offshore

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-pipeline-integrity-market-is-expected-to-reach-2-78-billion-by-2027-growing-at-a-cagr-of-6-2-during-2018-to-2027/88917015

Source: MarketersMedia

Release ID: 88917015

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