Tuesday, 2 April 2019

Intelligent Pigging Market 2019-2023 Worldwide Overview: Industry Size, Share, Growth Trends and Top Manufacturers Profile Analysis


The global intelligent pigging market is estimated to expand at 4.89% CAGR during the forecast period. The global intelligent pigging market is set to witness significant growth due to government regulations and mandates regarding pipeline inspection and concerns related to safety of pipelines and energy infrastructure. Lot of incidents has been observed in oil & gas industry as corrosion can reduce weaken welds, pipeline thickness, cause blockages, and threaten the integrity of the pipeline. On the other hand, difficulty in inspecting unpiggable pipelines is one of the major restraints for the global intelligent pigging market. 


Industry Highlights
Intelligent pigging is a technique wherein an inspection probe, commonly known as smart pig, is involved in pipeline inspection, measuring pipe wall thickness, and metal loss by direct measurement of the thickness of the pipe wall. This market has various advantages such as it helps in cleaning and inspecting the pipelines without the need to stop the flow of product. It also has the ability to provide a accurate value for local wall thickness whilst being small, lightweight, and easy to mobilize. The key factors driving the growth of the intelligent pigging market is stringent government regulations for pipeline inspections, benefits of intelligent pigging solutions, and concern over the safety of pipelines.

Intelligent pigging is an inspection technique in which inspection probe/smart pig is propelled through pipeline in order to gain data regarding location of corrosion, and other anomalies on walls of pipe. Intelligent pigging’s technology includes Magnetic Flux Leakage, Caliper, and Ultrasonic. The pipeline type includes liquid and gas. The key applications of intelligent pigging are Metal Loss/Corrosion Detection and Crack and Leak Detection.


Industry Segmentation
The intelligent pigging market has been segmented based on application into metal loss/corrosion detection, crack and leak detection, and geometry measurement and bend detection. Among these applications, metal loss/corrosion detection is the fastest growing segment in the intelligent pigging market as pipe corrosion can hamper the quality of substance that is carried, thereby resulting in odors and stained fixtures. Thus, intelligent pigging is used to detect pipeline corrosion.  

Regional Analysis
Region wise, North America held the largest market share of the global intelligent pigging market in 2017. North America region has some major players from the oil & gas industry and prominent users of inline inspection services for intelligent pigging. The intelligent pigging market would be mainly driven by increasing awareness among pipeline operators about the benefits of maintenance of pipelines and regular inspection. In addition, significant production and exploration of crude oil and gas in Middle East & Africa would also have a positive impact on the growth of intelligent pigging market during the forecast period.

Prominent Players
The key players of the global intelligent pigging market are Baker Hughes (US), Corrosion Control Engineering, (Australia), Rouge Pipeline & Process Services (UAE), Penspen (UK), Halfwave AS (Norway), Romstar (Malaysia), Cokebusters (UK), Quest Integrity Group (US), A.Hak Industrial Services (Netherlands), SGS SA (Switzerland), T.D.Williamson (US), Rosen Group (Switzerland), and NDT Global (UAE).

View More Info @ https://on.mktw.net/2CRZJJE

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:
Market Research Future
+1 646 845 9312

No comments:

Post a Comment

Oilfield Equipment Rental Services Market Analysis 2020 Global Trends, Share, Emerging Trends and Industry Outlook 2023

Oilfield Equipment Rental Services Market Overview Oilfield equipment is a device used for extracting oil and gas from the reservoir. In o...