Global Pipeline Safety Market was valued US$5.90 Bn in 2017 and is expected to reach US$11.80 Bn by 2026, at a CAGR of 9.05% during a forecast period.
The report is majorly segmented into Technology & Solution, Services, Vertical, and Region. Further, Pipeline Safety Market based on Technology & Solution includes Perimeter intrusion detection, secure communication, Satellite monitoring, video surveillance, SCADA for pipelines, Pipeline monitoring system, Leakage Detection, External threat, Pig tracking, integrated fiber optics monitoring, and Industrial control system security. Services segment is sub-segmented into Professional services, Consulting services, Risk management, Repair and maintenance, Pipeline integrity management, Further, Vertical includes Natural gas, Crude oil, Refined products, Others.
The market numbers are further split across different regions the report had segmented the geographies into five continents i.e. North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Detailed analysis by region make the report comprehensive and enable the informed decision making.
Increased use of oil and gas companies’ pipeline safety is used. Pipelines are recognized as a safe & reliable means for transporting hazardous product over a significant distance. Based on services, professional services are classified into three major categories, such as risk management, consulting services, and repair & maintenance. Risk management is highly required in all pipeline safety solution deployments. North America is expected to be a major market for pipeline safety systems. As well as Europe is expected to hold large market shares in the pipeline safety market.
The major driver in the growth of pipelines safety market is development and upgradation of refineries, drilling sites, and exploration of new Sites. On the other hand, growing population and political instability in the Middle East may hinder the pipelines safety market. Another hinder of pipelines safety market is lack of apprehensions. Due to terrorist attacks, chemical & gas leakage along with the impact of natural calamities on pipelines increases the need for pipeline safety. Integration & consulting, system design, and service support & maintenance are major challenges faced by the pipelines safety market. Some opportunities which are expanded pipelines safety market due to development of technologies such as acoustic leak detectors, laser scanning, smart pigging, and over & under surveillance. Improper handling and distribution of hazardous product may endanger human life and adversely affect the environment.
Some of the major players of the global pipeline safety market are GENERAL ELECTRIC, ABB, Schneider Electric, Siemens AG, BAE Systems, Future Fibre Technologies, Thales Group, Senstar Corporation, Syrinix, POLUS-ST, Huawei Technologies Co., Ltd., and others.
Scope of Global Pipeline Safety Market:
Global Pipeline Safety Market, by Technology & Solution
• Perimeter intrusion detection
• Secure communication
• Satellite monitoring
• Video surveillance
• SCADA for pipelines
• Pipeline monitoring system
• Leakage detection
• External threat
• Pig tracking
• Integrated fiber optics monitoring
• Industrial control system security
Global Pipeline Safety Market by Services:
• Professional services
• Consulting services
• Risk management
• Repair and maintenance
• Pipeline integrity management
Global Pipeline Safety Market by Vertical:
• Natural gas
• Crude oil
• Refined products
• Others
Global Pipeline Safety Market, by Region
• North America
• Europe
• Middle East & Africa
• Asia Pacific
• Latin America
Key players operated in Global Pipeline Safety Market:
• GENERAL ELECTRIC
• ABB
• Schneider Electric
• Siemens AG
• BAE Systems
• Future Fibre Technologies
• Thales Group
• Senstar Corporation
• Syrinix
• POLUS-ST
• Huawei Technologies Co. Ltd.
• others
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A new research study from “Data Bridge Market Research” with title Pipeline Safety Market Insights 2019, Global Analysis and Forecast to 2026 provides an in-depth assessment of the Pipeline Safety Market including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies.
Some of the leading key players profiled in this study: RCP Inc., Nuka Research & Planning Group, LLC., Schneider Electric, Siemens, ABB, BAE Systems., Thales Group, Senstar Corporation, Syrinix, POLUS-ST, GENERAL ELECTRIC Global pipeline safety market is set to witness a substantial CAGR of 9.6 % in the forecast period of 2019 to 2026.
The report contains data of the base year 2018 and historic year 2017Grab Sample Report + All Related Tables & Charts of Global Web Mapping Market Study Now @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-pipeline-safety-marketMarket Definition: Global Pipeline Safety Market Pipeline safety is used as oil and liquid products are transferred over the long-distance through pipelines.
Technologies such as SCADA for pipeline monitoring have been widely recognized within the global petroleum and gas business Top Manufacturers Covered in the Report: Few of the major competitors currently working in the Global pipeline safety market are RCP Inc., Nuka Research & Planning Group, LLC., Schneider Electric, Siemens, ABB, BAE Systems., Thales Group, Senstar Corporation, Syrinix, POLUS-ST, GENERAL ELECTRIC, Huawei Technologies Co., Ltd., TransCanada Pipelines Limited, Buckeye Partners, L.P, Elbit Systems Ltd, GPS – SECURITY , Holly Energy Partners, Phillips 66 Pipeline LLC, Accenture Recent Developments in the Market: In July 2019, Linestar Integrity Services LLC finished the acquisition of remote operation center LLC and the Compliance group Inc. With this acquisition Linestar is planning to increase its compliance and technical services offering.
In December 2018, MISTRAS Group, Inc. completed the acquisition of Onstream Pipeline Inspection Services Inc.
This will capitalize the company’s control in the midstream industry and would speed up the growth by the tactical efforts to contribute a pillar of pipeline credibility to the portfolio of services.
The report "Pipeline Safety Market by Component (Solutions (Pipeline Monitoring System, Secure Communication, Perimeter Intrusion Detection, SCADA for Pipelines, and ICS Security) and Services), Application, Vertical, and Region - Global Forecast to 2025", size is expected to grow from USD 7.9 billion in 2020 to USD 12.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period.
Improved spending by most oil and gas companies for pipeline infrastructure, network monitoring, and leak detection and rise in the number of oil and gas leakage incidence/accidents driving the adoption of pipeline safety market.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=187556390Need to understand the customer needs for tailor-made pipeline safety solutions to drive the growth of pipeline safety services during the forecast periodThe demand for pipeline safety services is driven by the growing need for improved pipeline operations performance about pipeline operation scheduling and reduced operational cost of liquid/gas delivery across the globe.
The success of pipeline safety depends on how well pipeline solutions are implemented and used to handle its operations.
The benefits gained by the effective utilization of pipeline safety solutions and offering tailor-made solutions as per the needs of organizations are the major factors driving the demand for services associated with pipeline safety solutions.Rising demand to monitor proper pipeline functioning and avoid disturbance in operating conditions to drive the growth of the pipeline monitoring systems segment to hold a larger market sizePipeline monitoring is required to detect small pipeline leaks faster and more reliably while simultaneously monitoring third-party interferences and other external pipeline threats to prevent leaks altogether.
It automates the process to improve productivity, enabling readers to monitor their assets current condition and raise the alarm in case of unauthorized events.
This is mainly because of the presence of various developed economies, such as Canada and the US, and due to the focus on innovations obtained from R and various technologies.
Latest added Global Pipeline Robot Market research study by AMA Research offers detailed outlook and elaborates market review till 2026.
At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are GE Inspection Robotics (Switzerland), ULC Robotics (United States), Pure Technologies (Canada), Honeybee Robotics (United States), Deep Trekker (Canada), Inuktun Services Ltd. (Canada), Ryonic Robotics (Pty) Ltd. (South Africa), Wuhan Easy-Sight Technology (China), Trio Vision LLC.
(United States), CUES Inc. (United States)A pipe robot also known as pipe inspecting and cleaning robot which is a device that is inserted into pipes to check for damage or obstruction.
Robotic inspection of the inner surface of a pipe can be achieved by a mobile robot, as the pipelines are usually buried underground and are in contact with the soil which can corrosion, where the steel pipe wall oxidizes, and effectively reducing wall thickness.
The Global Pipeline Robot segments and Market Data Break Down are illuminated below: by Type (Remotely Operated Vehicles, Autonomous Underwater Vehicles, Unmanned Aerial Vehicles, Unmanned Ground Vehicles), Application (Industrial, Oil and Gas, Chemical, Others), Components (Motor, Camera, Central Frame, Translational Element, Compression Spring) What's Trending in Market:It Improve Maintenance and Inspection Procedure inside the PipesGrowth of Petrochemical Industry Challenges:High Capital InvestmentRestraints:Unable Minimize the Mud and Scale Inside the PipeMarket Growth Drivers:Increasing Use of Robot in Various VerticalsThe Demand for Oil and Gas is increasing across the GlobeStrategic Points Covered in Table of Content of Global Pipeline Robot Market:Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Pipeline Robot marketChapter 2: Exclusive Summary – the basic information of the Pipeline Robot Market.Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Pipeline RobotChapter 4: Presenting the Pipeline Robot Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020Get More Information: https://www.advancemarketanalytics.com/reports/9129-global-pipeline-robot-market-1 Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source.
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