Pipeline Integrity Market

Pipeline Integrity - Global Market Outlook (2018-2027)

4.7 (57 reviews)
Published: September 2019 ID: SMRC18545
4.7 (57 reviews)
Published: September 2019 ID: SMRC18545

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Pipeline Integrity Market is accounted for $1.62 billion in 2018 and is expected to reach $2.78 billion by 2027 growing at a CAGR of 6.2% during the forecast period. 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 the 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.
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.
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.
Some of the key players profiled in the Pipeline Integrity market include T.D. Williamson, SGS, Schneider Electric, Rosen, Quest Integrity Group, NDT Global, Lin Scan, Intertek, IKM Gruppen, Enermech, Emerson, Dacon Inspection Technologies, Baker Hughes, A GE Company, Applus and Altus Intervention. 
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 UK
o Italy
o France
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 Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- 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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