Monday, 30 March 2020

Intelligent Pigging Market Research: 2020 Global Analysis By Opportunities and Forecast to 2023


Global Intelligent Pigging Market Overview
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. 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 include Magnetic Flux Leakage, Caliper, and Ultrasonic. The pipeline type include liquid and gas. The key applications of intelligent pigging are Metal Loss/Corrosion Detection and Crack and Leak Detection. The global intelligent pigging market is estimated to expand at 4.89% CAGR during the forecast period.

Industry Segmentation
The intelligent pigging market research 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 doors and stained fixtures. Thus, intelligent pigging is used to detect pipeline corrosion.  

Regional Analysis
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.

Leading 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).

Scope of the Report
This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging & high-growth segments. The market data comprises the basic assessment of the competitive scenarios and strategies in the global intelligent pigging market, including high-growth regions and/or countries, and political and economic environments. The project report further provides both – historical market values and pricing & cost analysis




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