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.
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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.
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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).
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