Intelligent Pigging Services Market Demand, Scope and Future Estimation until 2030 | T.D. Williamson, Rosen, PII (Baker Hughes)

PRESS RELEASE
Published September 5, 2023

Infinity Business Insights has just released a new study named “The Intelligent Pigging Services Market by Type, and Application: Country Opportunity Analysis and Industry Forecast, 2023-2030.”

Intelligent Pigging Services refer to specialized inspection and maintenance services utilized within the oil and gas industry, primarily for pipelines and related infrastructure. These services employ advanced tools known as “intelligent pigs” equipped with sophisticated sensors and technology to assess the condition and integrity of pipelines, identifying defects, corrosion, and other potential issues critical for ensuring safe and efficient pipeline operation, regulatory compliance, and environmental protection.

The Global Intelligent Pigging Services Market is projected to reach US$ 395.10 million by 2030, at a CAGR of 6.03% during the forecast period.

The Intelligent Pigging Services market has gained prominence in recent years due to factors such as aging pipeline infrastructure, rigorous regulatory requirements, and heightened safety and environmental concerns within the oil and gas sector. These factors have led to increased investments in regular inspections and maintenance, underpinning the growth of this market.

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Our Sample Report Includes:

  • 100+ page research report with updated research
  • 2023 Updated Report Introduction, Overview, and Detailed Industry Analysis
  • 2023 Updated Regional Analysis with Graphical Representation of Size, Share, and Trends
  • Includes updated list of tables and figures
  • Top Market Players with Business Strategies, Sales Volumes, and Revenue Analysis are Included in the Updated Report.
  • Facts and Factors research techniques
  • Chapter-by-chapter advice on the Request

Major Players:

T.D. Williamson, Rosen, PII (Baker Hughes), Pure Technologies, CIRCOR Energy, Romstar Group, Dacon Inspection Services, Enduro, NDT Global, Entegra, Intertek, LIN SCAN, PPL, 3P Services, GeoCorr, Sinopec PSTC, A.Hak Industrial Services, Quest Integrity Group

Total Market by Segment:

Intelligent Pigging Services Market By Type, 2023-2030, (USD Billion, Thousand Units)

Magnetic Flux Leakage (MFL)

Ultrasonic Test (UT)

Intelligent Pigging Services Market By Type, 2023-2030, (USD Billion, Thousand Units)

Crude Oil

Refined Products

Natural Gas

Others

Market growth is fueled by the expanding demand for energy resources worldwide, which necessitates the expansion and maintenance of pipeline networks. Key trends in this market include the adoption of advanced inspection technologies like magnetic flux leakage and ultrasonic testing to enhance accuracy and reliability. Additionally, the integration of data analytics and machine learning for predictive maintenance is on the rise, enabling operators to proactively address potential issues and optimize maintenance schedules. The deployment of robotic and autonomous systems for pipeline inspections, particularly in challenging or remote environments, is another notable trend.

The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:

North America (the USA, Canada, and Mexico)

Europe (Germany, France, the United Kingdom, Belgium, the Netherlands, Russia, Italy, and the Rest of Europe)

Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and Others)

South America (Brazil, Argentina, Colombia, Others)

MEA (Saudi Arabia, United Arab Emirates (UAE), Israel, Egypt, Turkey, South Africa & Rest of MEA)

The market for pigging services faces difficulties like high initial costs for purchasing and maintaining sophisticated inspection tools, the need for qualified personnel to use these tools and correctly interpret inspection data, and navigating complicated regulatory frameworks and exacting safety standards, which can increase operational costs and compliance complexities for pipeline operators. Logistical difficulties arise for inspection services when it comes to accessing pipelines, especially those located offshore or in distant areas. The prospect of pipeline breakdowns or hidden flaws, which might cause environmental damage, safety risks, and large financial losses for both operators and impacted populations, is one risk in this sector. The industry is more vulnerable to cybersecurity hazards because to its growing reliance on digital technologies and data storage, including data breaches and cyberattacks aimed at vital infrastructure.

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Some of the Key Questions Answered in this Report:

  • What is the regional and national market size for the Intelligent Pigging Services Market?
  • What are the primary Intelligent Pigging Services Market’s drivers, restraints, opportunities, and challenges, and how are they projected to affect the market?
  • What are the sales, production, consumption, import, and export values of the global (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa) Intelligent Pigging Services market?
  • Who are the Intelligent Pigging Services Market’s major worldwide manufacturers? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
  • What are the opportunities and risks that the suppliers in the Intelligent Pigging Services Market must deal with?
  • What kind of product, end-user, or application would be looking for incremental growth prospects? What is each type’s and application’s market share?
  • What limitations and targeted approach are keeping the Intelligent Pigging Services Market in check?

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Crucial Elements from the Table of Contents of Global Intelligent Pigging Services Market:

Chapter 1: Intelligent Pigging Services Market Overview

Chapter 2: Global Intelligent Pigging Services Market Competition, Profiles/Analysis, Tactics

Chapter 3: Global Intelligent Pigging Services Capacity, Production, Revenue (Value) by Region (2017-2022)

Chapter 4: Global Intelligent Pigging Services Supply (Production), Consumption, Export, Import by Region (2017-2022)

Chapter 5: Global Intelligent Pigging Services Market Regional Highlights

Chapter 6: Marketing Strategy Analysis, Distributors/Traders

Chapter 7: Business Chain, Tracking Strategy, and Downstream Buyers

Chapter 8: Market Decisions for the present scenario

Chapter 9: Market Effect Factors Analysis

Chapter 10: Global Intelligent Pigging Services Market Forecast (2023-2030)

Chapter 11: Case Studies

Chapter 12: Research Findings and Conclusion

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