Global Dual Carbon Battery Market Analysis, Future Plans, Technological Advancement, Target Audience, Growth Prospects Predicted by 2023

Global Dual Carbon Battery Market - Overview

The Global Dual Carbon Battery Market is set to grow at a steady CAGR of 5.50% during 2018 to 2023, asserts Market Research Future (MRFR) in its latest report. Dual carbon batteries for their superior performance have gained significant traction. These batteries are likely to replace lithium ion batteries in the forthcoming years. Electric vehicles remain a prime contender for dual carbon usage. Automotive sector is expected to remain a major revenue pocket. Sales of EVs have continued to in recent years and the trend is likely to continue throughout the forecast period.

There are several advantages of dual carbon batteries as compared to other battery technologies available, which is driving their popularity in the end-use vertical such as EVs and electronics. Dual carbon batteries do not require cooling, they are energy-efficient and advanced. These attributes of dual carbon batteries are attracting the automotive sector. Automobile manufacturers are striving to make vehicles energy efficient and sustainable where dual carbon batteries can play an important role.

Technological advanced in electronics and rising popularity of EVs are among the key growth enablers for the dual carbon battery market. The electronics sector has witnessed a tremendous boom in the region such as APAC and MEA.  APAC led by China has achieved a remarkable feat in electronics manufacturing. Countries such as China, Taiwan and Singapore make a considerable contribution to the overall electronic products manufactured globally. As per the data released by the Ministry of Trade and Industry of Singapore, the electronics manufacturing industry in the country is likely to create close 2,100 new jobs by 2020. Such factors indicate towards a pacey growth of the electronic manufacturing sector in the region.

The growing consumer electronics industry is expected to play an important role in propelling the global dual carbon battery market during the review period. Additionally, portability has become a must-have feature in modern devices, which make batteries a critical component. Demand for long-lasting batteries with fast recharging is on the rise, which is making a positive influence on the global dual carbon battery.

Segmental Overview

MRFR’s report offer a detailed segmental analysis of the global dual carbon battery market based on application, types and region.

By application, the market has been segmented into portable power, electronics, transportation and others.

By Type, the market has been segmented into rechargeable battery and disposable battery. The former is expected to spearhead the later during the forecast period. This is primarily owing to the higher preference for rechargeable batteries. Rechargeable batteries are more feasible as compared to disposable batteries. Moreover, use of rechargeable battery is promoted owing to the rising concerns over electronic waste.

APAC Dual Carbon Battery Market to Register the Highest CAGR during the Forecast Period

The regions covered in the report include Europe, Asia Pacific (APAC), North America, Africa, the Middle East and South America. Of these, the APAC dual carbon battery market is expected to exhibit the fastest CAGR during the forecast period. APAC is one of the key contributors to the global carbon battery market in terms of revenue. In 2017, APAC accounted for the largest market share.  Fast convergence of entertainment, communication and information has brewed a new era of consumer electronics in APAC. This is an important factor that drives the market growth in APAC. In addition, growth of manufacturing sector in the region has created new avenues.

Competitive Analysis

Some of the notable companies operating in the global dual carbon battery market including Loxus, Lishen Tianjin, Amperex Technologies, LG Chem, Johnson Controls, JSR Corp, Panasonic, Samsung SDI, Hitachi Chemical and BYD.

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Global Off-Grid Solar Market 2020: Global Industry Analysis, Opportunity Assessment and Forecast to 2023

Off-Grid Solar Market To Make Major Moves To Mainstream By 2023

The push towards renewable energy sources has been significant, with individuals being more mindful of the excesses or wastes they generate. The use of various renewable energy sources is being promoted around the world, with water harvesting and solar energy emerging as the often suggested choices. The use of off-grid solar is gaining momentum in recent times, especially in countries where energy crises are predominant. The self-sustaining nature of off-grid solar is motivating the development of the market considerably in recent times. As off-grid systems permit the storage and saving of solar power in batteries for consumption when the power grid goes out of action. The improvement in the product design of solar panels is expected to motivate their use in off-grid solar operations. The Global Off-Grid Solar Market is expected to grow at 12.50 % CAGR during the forecast period.

The electrification rate is very slow in many developing countries around the world due to the lack of resources funding and a proper infrastructure. Moreover, the increasing cost of power utility is motivating the use of sources that are less expensive and are more easily obtainable. More businesses are relying on off-grid solar systems as they can offer a steady electricity supply and consequently uninterrupted operations. Apart from businesses, homeowners are also increasingly using off-grid solar to ensure continuity in electricity supply during natural disasters or outages. Also, the rising awareness of the impact of environment pollution is encouraging homeowners to become eco-friendly by adopting alternative sources of energy.

The situation for electricity availability is precarious in developing nations with limited budgets, resources, and lack of awareness lowering the spread of the off-grid solar market in these regions. But contenders in these regions are making extensive plans to capture a stake of this market as they are significantly untouched. For instance, Rensource, an off-grid solar energy firm, has recently raised USD 20 million in a Series A round conjointly controlled by African venture capital fund, the Omidyar Network, a CRE Venture Capital and impact financier. The round also observed contributions from Proparco, Inspired Evolution, EDPR, Sin Capital, I&P, and Yuzura Honda. Rensource’s financing round is a result of sustained investor interest in Africa-focused renewable and off-grid energy start-ups that are attempting to fill electricity gaps.

The solar market share is expanding due to the development of properties in secluded areas is expected to raise the reliance on off-grid solar products further, which can provide reliable energy generation. Moreover, investors, these days are also increasingly attracted to the renewable energy sector with the innovation in the sector rising at an incremental pace. The progress pace of the off-grid solar market is expected to be motivated by government support, which has been strong in various countries that receive a good share of sunlight. For example, Kisumu County Administration in Kenya has lately announced an appeal for tenders for the putting up of solar power off-grid systems to provide public utility infrastructure. The county government has declared that it will give precedence to public-private partnerships (PPPs) for this project. The financial incentives that are delivered to participating entities are expected to motivate the market for off-grid solar in the coming period. For instance, The Kerala State Electricity Regulatory Commission (KERC) has stretched out the financial incentive compensated to creators of off-grid solar systems for an additional two years. The five-year directive allows payment of one rupee for apiece kilowatt-hour produced by off-grid arrays terminated at the close of September but has now been validated to continue never-ending until October 1, 2021.

The need to shrink the environmental impact of CO2 emission is expected to drive the development of the market. The enhancements in solar home systems are also expected to benefit the off-grid evolution in the approaching period.

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Nuclear Waste Management Industry Analysis 2020-2023: Key Findings, Regional Analysis, Key Players Profiles and Future Prospects

Nuclear Waste Management Industry – Overview

The negative effects of nuclear waste have reiterated the need to identify and operate new facilities for the disposal of nuclear waste. Reports that gauge the energy and power industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The market is prepared to attain a 3% CAGR in the period of the forecast.

The escalated use of nuclear materials in space research, healthcare, oil & gas, and mining, among others, is expected to increase the need for effective nuclear waste management. Also, the want for permanent nuclear disposal and growing nuclear capacity needing permanent disposal options is forecasted to enhance the progress of the nuclear waste management industry in the impending years.

Segmental Analysis

The investigation of the Nuclear Waste Management Industry has been conducted on the basis of reactor type, waste type, application, and region.

On the basis of waste type, the Nuclear Waste Management Industry is segmented into low level, high level, and intermediate level.

Based on Reactor Type, the Nuclear Waste Management Industry is segmented into PHWR, B Gas Cooled, WR and PWR. 

By application, the Nuclear Waste Management Industry is divided into industry and utility.

Based on region, the Nuclear Waste Management Industry comprises of North America, Asia Pacific, Europe, South America, the Middle East, and Africa.

Regional Analysis     

The regional examination of the nuclear waste management industry is carried out on the basis of North America, Asia Pacific, Europe, South America, the Middle East, and Africa. The commercial sector in the US, unaided has produced waste more than any other nation in the world. Furthermore, the US government’s nuclear weapon program has created nuclear fuel along with high-level radioactive waste that is responsible for about 14,000 metric tons. This amount of nuclear waste is projected to rise to about 140,000 metric tons throughout the following several decades. As a result, these factors are expected to steer the market for nuclear waste management. The nuclear waste management industry is anticipated to intensify at a moderate growth rate throughout the forecast period. Though, several nuclear projects are approaching completion, particularly in the Middle Eastern and African region that might encouragingly stimulate the Nuclear Waste Management Industry in the impending years.

Competitive Analysis

The expansion of the market is reliant on the cutbacks achieved in profile-raising and miscellaneous overhead. The client base in the market is diversifying rapidly to display a broad range of demands that have to be dealt with precision so as to create a loyal user base. An unequivocal lead in the market place is expected to be created due to amended strategies in specific areas. The creation of new competencies and resources in the market is expected to further fuel the development of the market. The restrictions in the market are dealt with effectively so that they don’t impact the growth of the market. The creation of favorable competitive advantage is expected to further expedite the development of the market in the forthcoming period. The experimentation in the basic strategies to help leadership to attain successful results in the market space is bolstering the growth in the market.

The essential competitors in the nuclear waste management industry globally are Perma-Fix Environmental Services, Enercon Services, Inc., Veolia Environment SA, Bechtel Group Inc., Studsvik AB, Posiva Oy, Magnox Technologies Pvt. Ltd, Chase Environmental Group, Fluor, and BHI Energy, among others.

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Hydrogen Energy Storage Industry 2020 Analytical Overview, Segmentation, Competitive Landscape and Industry Poised for Rapid Growth by 2023

Global Hydrogen Energy Storage Industry: Synopsis

The detailed report published by Market Research Future (MRFR) projects that the global Hydrogen Energy Storage Industry is marked to exhibit noteworthy expansion at a CAGR of 8.50% during the forecast period from 2016 to 2023 and generate significant revenue by the end of the review period. Increased research activities for the development of alternative energy solutions in order to reduce the consumption of fossil fuels, increased emphasis on utilizing cleaner fuel, high demand for alternative power sources as a result of increased energy consumption due to rapid rise in population, and rising environmental concerns regarding the adverse effects caused due to vehicle emission are majorly propelling the growth of the global Hydrogen Energy Storage Industry during the assessment period.

Global Hydrogen Energy Storage Industry: Segmental Analysis

The global Hydrogen Energy Storage Industry has been segmented on the basis of technology and end-users.

Based on technology, the global Hydrogen Energy Storage Industry has been segmented into liquid hydrogen, metal hydrides, carbon absorption, and underground salt caverns. The liquid hydrogen segment commands for the major share of the global Hydrogen Energy Storage Industry. The high demand for clean and effective energy source is fueling the growth of this segment in the global Hydrogen Energy Storage Industry during the assessment period. 

Based on end users, the global Hydrogen Energy Storage Industry has been segmented into power generation, transportation, chemicals, metal working, and others.

Hydrogen Energy Storage Market Regional Analysis

Geographically, the global Hydrogen Energy Storage Industry has been segmented into five major regions such as North America, South America, Asia Pacific (APAC), Europe, and the Middle East and Africa.

The Asia Pacific region commands the major share of the global Hydrogen Energy Storage Industry during the assessment period. The factors such as increased research activities for the development of alternative energy solutions in order to reduce the consumption of fossil fuels, increased emphasis on utilizing cleaner fuel, high demand for alternative power sources as a result of increased energy consumption due to rapid rise in population, and rising environmental concerns regarding the adverse effects caused due to vehicle emission are majorly propelling the growth of the global Hydrogen Energy Storage Industry in the Asia Pacific region. Rapid technological advancement and increased adoption of alternative energy solutions are fueling the growth of the global Hydrogen Energy Storage Industry in the North America and Europe regions.

Global Hydrogen Energy Storage Market: Industry Updates

In February 2019, Chroma, a leading test and measurement instrumentation manufacturer, has announced its collaboration with Hephas Energy, a supplier of fuel cell test equipment, in order to test hydrogen fuel cells to expand Chroma's product scope.

In February 2019, Shell, a global oil company, has announced its agreement to acquire 100 percent of Sonnen, a leading provider of smart energy storage systems and innovative energy services for household purposes.

Key Players

The key players profiled by Market Research Future (MRFR) that are operating in the global Hydrogen Energy Storage Industry are Worthington Industries Inc., Praxair Inc, Linde AG., VRV S.P.A, Hbank Technologies Inc., Inoxcva, Mcphy Energy S.A, Luxfer Holdings PLC, Air Liquide, and others. The players in the global Hydrogen Energy Storage Industry are introducing innovative and technologically advanced solutions to ensure high quality and cost effectivity of the products in order to expand their businesses in the global Hydrogen Energy Storage Industry. Strategically planned mergers and acquisitions along with collaborations in multiple projects are aiding these players in sustaining the competition in the global Hydrogen Energy Storage Industry during the assessment period.

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Microbial Fuel Cell Market Report Analysis, Share, Size, Trends, Industry Growth and Segment Forecasts To 2023

Microbial Fuel Cell Market Synopsis:

According to Market Research Future (MRFR)’s assessment, the global microbial fuel cell market is set to expand at 9% CAGR over the forecast period 2016 to 2023. MFC is a bio-electrochemical system which transforms chemical energy into electricity by using bacteria and mimicking bacterial interactions. It is used for power generation applications that requisites low power. Furthermore, any organic material is capable of being used for feeding these fuels. This, in turn, is likely to enable the microbial fuel cell market to gain traction in the years to come.

Rapid urbanization in conjunction with strengthening global economy has intensified the need for potable water across the world. It is projected to accelerate the revenue creation for the players of the microbial fuel cell market as it uses microbial flora for the generation of electricity. Thus, the increasing investments in water treatment solutions are poised to boost the growth trajectory of the market across the review period.

MFC is gaining popularity at a rapid pace owing to its key advantage of cost-effectiveness. It has a better cost-benefit than other alternatives available such as renewable energy production from biomass. Thus, the report asserts that the market is likely to remain highly attractive over the next couple of years. An inflow of investments is forecasted which is poised to favor market expansion in the foreseeable future.

Excessive research & development activities are anticipated to be observed in the microbial fuel cell market which is likely to dictate the growth trends of the market. Supportive regulations framed by the governments for prompting the adoption of MFC are further expected to propel the proliferation of the market in the nearby future. On the flip side, the expensiveness of the components associated with a microbial fuel cell is anticipated to hinder market growth over the assessment period.

Microbial Fuel Cell Market Segmentation:

By type, the global Microbial Fuel Cell Market Report has been segmented into mediator and non-mediator.

By application, the microbial fuel cell market has been segmented into power generation, wastewater treatment, and biosensor.

By end-user, the global microbial fuel cell market has been segmented into agriculture, food & beverage, healthcare, government & municipal, and others.

Regional Analysis:

By region, the global microbial fuel cell market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa (MEA). North America is currently leading the global market and is anticipated to maintain its prominence over the next couple of years. The region is projected to observe increasing investments across the review period. Furthermore, the rising initiatives undertaken by the governments for accelerating the adoption of MFC is presumed to augment the market in the years to come. The region is also anticipated to witness a drastic rise in research & development associated with MFC for defining the growth trajectory of the market in the nearby future. Europe is also expected to exhibit a similar growth trend in the upcoming years. It is anticipated to increase investment in the technology, thus, augmenting the regional market.

Competitive Dashboard:

The important players of the global microbial fuel cell market profiled in this MRFR report are Pilus Energy LLC (US), Triqua International BV (The Netherlands), Vinpro Technologies (India), Fluence Corporation Limited (US), Electrochem Solutions and Emefcy Ltd (US), Prongineer R&D Ltd (Canada), MICROrganic Technologies Inc. (US), and Sainergy Tech (US).

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CBM Market Estimated to Grow with a Healthy CAGR During Forecast Period 2020-2023

Coal Bed Methane Market Insights

The global coal bed methane market is expected to grow at a CAGR of 4.05% during the forecast period from 2016 to 2023. This indicates moderate yet consistent growth over the next few years. Coal bed methane is a form of natural gas which has grown in importance as a source of energy in various parts of the world. This unconventional natural gas is often extracted and can from bituminous and sub-bituminous coals and have a wide number of applications. Market Research Future's understanding of the market has been used to create a detailed report which covers the markets driving forces as well as opportunities and pitfalls of the market.

Some applications for coal bed methane include use as a fertilizer. About half the worlds fertilizer is made from ammonia sourced from coal bed methane. Government support for unconventional resources is expected to assist the growth of the global coal bed methane market. A prime example is in emerging economies where governments are increasing their production of coal bed methane. By 2020, China has inducted the plan to produce more than 50 Bn m3 for coal bed methane. Various end-use industries are investing in devices to increase production efficiency as manufacturing activities increase. The coal bed methane market is expected to witness growth in the industrial sector as it has increased power generation capacity. The high demand for power has put a burden on power grids across the world, including particularly in emerging economies with large populations and expanding industrial activities. Environmental consciousness and the demand for natural gases as an alternative to traditional fossil fuels is expected to encourage market growth. Ongoing natural gas projects and increasing benefits to the coal mining industry are also expected to have a positive impact on the global market.

CBM Market Segmentation

The global CBM Market has been segmented on the basis of technology, application, and region. Technology has been segmented into hydraulic fracturing, horizontal drilling, and CO2 sequestration. Hydraulic fracturing is the leading segment by technology due to the ease of use as well as the advancements made in the implementation of this technique.

Application has been segmented to include commercial, industrial, residential, transportation, and others. Industrial applications of coal bed methane are wide and varied making it the most significant segment in the global market. Coal bed methane is increasingly being used as an alternate source of fuel to conventional natural gas.

Regions included in the global analysis include Europe, North America, Asia Pacific, the Middle East & Africa, and South America.

Regional Analysis

Developing economies like the ones in the Asia Pacific are leading market growth for the global coal bed methane market. Countries like India and China are increasing their coal bed methane production capabilities to help support national power grids. The use of this natural gas to support the high demand for power generation is expected to have a strong positive impact on the global market. India and China are prime country level markets due to the increasing urbanization and industrialization in the region which has increased the demand for efficient power supply. Meanwhile developed economies in North America and Europe are expected to display a demand for natural gases to reduce dependency on traditional fossil fuels.

Key Players

MRFR’s report includes an analysis of the competition in the global coal bed methane market which includes leading market players such as Far East Energy Corporation (US), Chevron (US), Arrow Energy (Australia), Essar Oil (India), Santos (Australia), ConocoPhillips (US), Encana Corporation (Canada), Weatherford (US), China United Coalbed Methane Co (China), BP (UK), Blue Energy (Australia)

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Electrostatic Precipitator (ESP) Market Analysis, Share, Size, Trends, Industry Growth and Segment Forecasts To 2023

Electrostatic Precipitator (ESP) Market Insights

An electrostatic precipitator (ESP) is a device which filters fine particles such as smoke and dust from flowing gas. ESP is particularly used in industrial applications to reduce air pollution. The global electrostatic precipitator market is predicted to witness market expansion at a CAGR of 4% during the assessment period. Market Research Future has surveyed the entirety of the market for its market report on the subject. Another vital application of ESP is as a filtration device in industries like chemical, power, and paper among others.

Pollution control has become a priority in many urban areas of the world, and growing environmental consciousness has resulted in the implementation of increasingly stringent regulations. This is expected to impact the global electrostatic precipitator market in a positive manner to a large degree. Certain countries in the world have achieved incredibly high pollution rates due to industrialization, urbanization and the growth of the automotive industry among other reasons. Such countries are actively implementing stringent laws that support and encourage the adoption of ESPs. Moreover, the growth of the cement industry as well and the growth of coal-fired power plants is expected to present the market with ample room for growth as the use of ESP is likely to increase considerably. In October 2016, Manila Declaration on Health and Environment was signed in an effort to address the environmental impact of pollution and its further impact on health. With increasing focus on reducing water pollution, improving environmental enforcement, and increase environmental conservation is expected to drive the market as well as produce opportunities which aid the demand and growth of the global electrostatic precipitator market.

Electrostatic Precipitator (ESP) Market Segmentation

MRFR has segmented the global electrostatic precipitator market on the basis of type, component, end-user, and region. Type has been segmented primarily into dry ESP, and wet ESP. The dry ESP segment accounts for the most significant segment by type and the growth of this segment is largely due to the ability of dry ESP to handle high temperatures and high particulate volumes while consuming low power and remaining cost effectiveness.

Component has been segmented into hardware, and software & services.

End-users have been segmented to include metals, cement, power, chemicals, and others. The growth of these end-use industries is expected to have a significant impact  on the adoption and growth of the global ESP market.

Regional Analysis

Globally, the emerging market in the Asia Pacific is expected to make a big splash in the global ESP market. Government regulations in the rapidly developing economies in the APAC are expected to drive the demand for electrostatic precipitators. For example, Beijing has set a target to improve air quality by up to 80%. One of the most heavily polluted cities in the world, Beijing's government has also requested cement and steel plants to suspend or lower production to help improve pollution levels. Consistent and frequent environmental inspections of such plants by local authorities are also expected to drive the adoption of ESP. On the whole, the Chinese government has been rigorously following a plan to improve high pollution levels by incorporating changes into its 5-year-plan till 2020. This plan has resulted in a significant reduction in pollution levels and the associated health risks of pollution.

Key Players

Trion (US), AMEC Foster Wheeler (UK), Thermax Global (India), Ducon Technologies (US), Siemens AG (Germany), Babcock & Wilcox (US), General Electric (US), Mitsubishi Hitachi Power Systems (Japan), Hamon Group (Belgium), and Fujian Longking (China) are among the leading competitors that have been observed for their roles in the global electrostatic precipitator market.

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Intelligent Pipeline Pigging Market Segmentation, Strategic Assessment, Technological Advancement, Comprehensive Analysis till 2023

Intelligent Pipeline Pigging Market – Overview

Pipeline inspection is an important aspect of the oil and gas sector, primarily due to the need to ensure lesser accident rates. Reports that investigate the energy and power industry have been presented by Market Research Future, which produces reports on industry verticals that appraise the market expansion and prospects. The market is anticipated to utilize a 4.89% CAGR in the upcoming forecast period.

The rise in governmental regulations is a key factor that is adding to the growth of the Intelligent Pipeline Pigging Market. Moreover, the increasing need to ensure risk mitigation and safety by assessing signs of metal loss is boosting the demand for the Intelligent Pipeline Pigging Market. Moreover, the heavy investments being made in energy infrastructure are expected to motivate the Intelligent Pipeline Pigging Market in the upcoming year.

Segmental Analysis

The segmentation of the Intelligent Pipeline Pigging Market has been carried out on the basis of technology, pipeline type, application, and region.

On the basis of pipeline technology, the Intelligent Pipeline Pigging Market is segmented into caliper, magnetic flux leakage, and ultrasonic. The magnetic flux leakage segment is controlling the market as it is primarily used in both gas and liquid pipelines and does not need any liquid couplant like ultrasonic pigging. 

Based on application, the Intelligent Pipeline Pigging Market is segmented into crack & leak detection, metal loss/corrosion, and geometry measurement & bend detection. The metal loss/corrosion segment in the Intelligent Pipeline Pigging Market is projected to record the maximum growth rate during the forecast period.

On the basis of pipeline type, the Intelligent Pipeline Pigging Market is segmented into liquid and gas.

On the basis of region, the Intelligent Pipeline Pigging Market is segmented into North America, Europe, Asia Pacific, and the rest of the world.

Regional Analysis   

The regional examination of the Intelligent Pipeline Pigging Market covers regions such as North America, Europe, Asia Pacific, and the rest of the world.

As per the analysis, the North American region is devoting finances extensively in the oil and gas pipeline projects to accomplish the rising demand for energy resources. Besides, the Middle East and African region is one of the significant regions of the intelligent pigging service market owing to the substantial production level and search for crude oil and gas sources from the region. Nations such as Iraq, UAE, Israel, and Egypt, among others, are financing projects for pipelines which would motivate the development of the Intelligent Pipeline Pigging Market. The investments in the market would increase the growth pace of the Intelligent Pipeline Pigging Market. Moreover, the Intelligent Pipeline Pigging Market is projected to observe significant growth through the forecast period due to increasing investments in pipeline projects, specifically in the oil & gas sector.

Competitive Analysis

The significant contenders in the Intelligent Pipeline Pigging Market are Corrosion Control Engineering, (Australia), Baker Hughes (US), Rosen Group (Switzerland), Rouge Pipeline & Process Services (UAE), Penspen (UK), Quest Integrity Group (US), SGS SA (Switzerland), Halfwave AS (Norway), Romstar (Malaysia), Cokebusters (UK), A.Hak Industrial Services (Netherlands), T.D.Williamson (US), and NDT Global (UAE), among others.

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