Pipeline Integrity Market – Overview
The
efficiency of pipelines in the oil and gas industry is of utmost importance to
curb wastes and prevent accidents caused by leakages. Reports that analyze the
energy and power industry has been presented by Market Research Future, which
produces reports on industry verticals that appraise the market expansion and
prospects. The market is estimated to accomplish a CAGR of 4.34% while earnings
revenues worth USD 2.14 Billion by 2024.
The
market for pipeline integrity is increasing favorably owing to the escalating
environmental concerns that have taken center stage recently. Moreover, the
concerns around the safety of pipelines & energy infrastructure are
expected to further motivate the market for pipeline integrity in the coming
years. Also, the demand for remote management of pipelines is expected to open
up new prospects for growth in the upcoming forecast period.
Get
Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/8067
Segmental Analysis
The
segmental evaluation of the pipeline integrity market has been segmented on the
basis of application, service, product, and region.
On
the basis of service, the pipeline integrity market has been segmented into
inspection services, monitoring services, testing services, and software
services.
Based
on the applications, the pipeline integrity market is divided into offshore and
onshore.
Based
on the product, the pipeline integrity market is segmented into gas, oil, and
refined products.
On
the basis of regions, the pipeline integrity market is segmented into North
America, the Middle East & Africa, Europe, Asia Pacific, and South America.
Get
Full Report at: https://www.marketresearchfuture.com/reports/pipeline-integrity-market-8067
Regional Analysis
The
regional examination of the pipeline integrity market has been segmented into
regions such as North America, the Middle East & Africa, Europe, Asia
Pacific, and South America.
The
principal market scope of the North American region can be accredited to the
incidence of numerous oilfield services firms and the application of new
technologies, particularly in the US. The digitalization of the oil & gas
industry, shale gas search in the US, and encouraging government strategies for
upstream oil and gas uses are projected to push the market for pipeline
integrity in this region. The market in the Asia Pacific region is anticipated
to be the next largest due to the upsurge in drilling activities owing to
increasing crude oil prices. Moreover, the oil & gas industry in the region
is expected to exhibit positive trends due to the increasing demand, growing
commodity charges, and continuing trends of mergers and acquisitions. The
upsurge in pipeline installations in the Southeast Asian nations is anticipated
to improve the market for pipeline integrity in the region throughout the
forecast period.
Competitive Analysis
The
significant companies operating in the pipeline integrity market are Baker
Hughes, Schneider Electric (France), A GE Company (US), T.D. Williamson (US),
Applus (Spain), Rosen (Switzerland), Enermech (UK), Intertek (UK), IKM Gruppen
(Norway), Lin Scan (UAE), Quest Integrity Group (US), Altus Intervention
(Sweden), Dacon Inspection Technologies (Thailand), and Emerson (US).
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
People also Read Related Reports:
Turbine Control Systems Market: https://www.marketresearchfuture.com/reports/turbine-control-systems-market-6675
Subsea Control Systems Market: https://www.marketresearchfuture.com/reports/subsea-control-systems-market-7141
No comments:
Post a Comment