[199 Pages Report] The Pipeline Integrity Market size was estimated at USD 2.64 billion in 2023 and expected to reach USD 2.79 billion in 2024, at a CAGR 6.44% to reach USD 4.08 billion by 2030.
The pipeline integrity encompasses products and services to ensure safe, efficient, and reliable transportation of fluids through pipelines. These fluids include crude oil, natural gas, refined petroleum products, water, and chemicals. Pipeline integrity services are significantly adopted by chemicals, construction, oil & gas power generation industries for the maintenance and inspection of pipelines and to ensure their safe and efficient operation. The increasing energy demand, the need for reliable and safe oil & gas transportation, and the aging infrastructure of existing pipelines significantly boost the market growth. However, the high cost of pipeline integrity services and limited technical expertise make it difficult for the market players to provide high-quality pipeline integrity services in these areas. Furthermore, the development of new sources of natural gas, including shale gas deposits, and the resulting price pressure are increasing the international trade of natural gas and the need for pipeline integrity solutions. The new technological advancements in the market, including in-line inspection tools, drone technology, and advanced corrosion monitoring, are helping pipeline operators improve the safety and efficiency of their operations, reduce downtime, and increase the lifespan of the pipelines.
Service: Monitoring services gaining traction to ensure the safety of pipeline infrastructure worldwide
Pipeline inspection services are employed widely for small, medium, and large-bore pipelines. Inspection services utilize fully engineered technologies to assess comprehensively and detect cracks and crack-like anomalies, corrosion and metal loss, dents, and interacting threats. Vendors adopt a combination of inspection tools with high-resolution sensors and tethered configurations, which identify and record all pertinent pipeline data, including metal loss defects and pipeline-specific geometry features. Pipeline integrity monitoring services enable pipeline operators to perform accurate leak detection and pig tracking while protecting pipelines from third-party intrusions. Pipeline integrity monitoring services provide uptime assurance of assets using the latest fiber-optic sensing technology for pinpoint accuracy and continuous 24/7 real-time monitoring. Detecting small leaks or changes in pipeline infrastructures is more accessible due to modern technology integration, wireless sensing platforms, and powerful software used in pipeline monitoring and inspections. Pipeline integrity testing providers use non-destructive and destructive test methods to prevent sudden and expensive pipeline failures with defined integrity management plans. Hydrostatic testing is widely adopted for significant projects with large diameters, long or multiple segments, or high pressures or volumes that can ensure its integrity.
Application: Growing adoption of pipeline integrity services for safer and more economical fluid transportation across onshore areas
Offshore oil & gas assets are under constant pressure, wherein integrity management plays a significant role in ensuring their operations are safe. The offshore pipelines utilize ultrasonic inspection technology, which is considered the standard method for directly inspecting liquid pipelines for offshore applications. Pipeline integrity tools can detect threats in offshore systems, including cracks, dents, ovalities, and corrosion.
Onshore pipelines are a safer and more economical means of transportation than other modes in the oil & gas industry. Energy infrastructure facilities prioritize safety as these pipelines carry highly volatile liquid (HVL), petroleum products, and liquefied natural gas (LNG). The significant advantage of onshore pipeline monitoring is that it can be performed at valve sites, instrument locations, gas stations, and other points to help isolate and locate active internal corrosion.
Product: Usage of pipeline integrity services for safe and secure transportation of diverse range of gases
The gas pipeline integrity primarily deals with natural gas transportation through pipelines. The oil segment focuses on transporting crude oil through pipelines from production sites to refineries or storage facilities for further processing or distribution. Despite fluctuations in oil prices and growing environmental concerns associated with fossil fuel consumption, this sector remains critical for meeting global energy demands. Pipeline integrity in gas & oil pipelines is crucial for reliable pipeline operations by preventing costly downtime and failures such as leaking or spilling oil or gas content into the environment. The refined products encompass pipelines transporting various petroleum derivatives such as gasoline, diesel, jet fuel, and petrochemical feedstocks after processing at refineries. In refined product production, pipeline integrity is utilized to protect the pipeline, ensuring that all its components are working correctly and no harmful chemicals are discharged from the pipeline, enabling the safe transporting of refined products.
End Use: Huge investments in oil & gas industries to deploy pipeline integrity solutions
Virtual sensors and virtual meters are automatically made available to provide highly accurate data every second to improve preventative analytics, maintenance, and leak detection in the pipes used in the chemical industry. In trenchless construction activities, operators can safeguard the integrity of underground pipelines using various trenchless rehabilitation techniques. Leaks or cracks in the inside wall of an underground pipe can be found using inspection software such as leak detection systems, tracking systems, and hydraulic simulation in the construction end-use. Pipeline integrity used in oil & gas provides a foundation for real-time pipeline operations from the edge to the enterprise by aggregating and contextualizing all operational data. Pipeline integrity management (PIM) software integrates data silos to provide real-time operational insight, improve leak detection, ensure accurate gas flow measurement, and predict behavior for better maintenance in oil & gas industries. Additionally, PIM in the water & wastewater industry assists in monitoring pipeline corrosion and pressure testing and evaluates pipeline discontinuities. Pipeline monitoring is used in power generation industries to monitor hydrogen or hydrogen-mixed natural gas, which could lead to hydrogen embrittlement and the hydrogen-induced cracking of pipeline steel.
Regional Insights
The demand and usage of pipeline integrity products are high across North America, Europe, and developed parts of the Middle East and Asia-Pacific. Major proposed and under construction oil & gas projects in the United States, India, China, Russia, Tanzania, Canada, Iran, Kenya, and other countries, including Ridgeline Expansion Project in Tennessee, Driftwood Pipeline expansion in Louisiana, 2,775-km Iran-Pakistan Pipeline, and the 2,655-km Jagdishpur-Haldia-Bokaro-Dhamra Natural Gas Pipeline (JHBDPL) in India to meet the growing demand for energy from manufacturing, metallurgy, and other energy-intensive sectors provide huge opportunities for the pipeline integrity market players. The monetary and resource loss incurred due to leaks and attacks on oil & gas pipelines in economies worldwide has encouraged the regulatory bodies to strengthen pipeline integrity management requirements. Unregulated pipelines are being converted into regulated pipelines with the implementation of expedited reporting requirements and increased cathodic protection requirements. As a result, pipeline operators are working with vendors to reevaluate and upgrade their pipeline networks.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Pipeline Integrity Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Pipeline Integrity Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Pipeline Integrity Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Aegion Corporation, Applus+ Group, Asset Integrity Engineering (Fze), Audubon Inspection Solutions LLC, Black Hills Corporation, DNV AS, Dominion Energy, Inc., Emerson Electric Co., ENBRIDGE Inc., EnerMech, Force Technology, General Electric Company, H&M Shared Services, Inc., Hyundai Steel, IKM Gruppen AS, Infosys Limited, Intero Integrity Services B.V., Intertek Group PLC, JAN X-Ray Services, Inc., Larsen & Toubro Infotech Limited, LIN SCAN, Matcor, Inc., NDT Global, NiGen International L.L.C., NW Natural, Pond & Company, ROSEN Swiss AG, Schlumberger Limited, Schneider Electric SE, SGS SA, T.D. Williamson, Inc., Thyssengas GmbH, T?V Rheinland, and USA DeBusk.
Market Segmentation & Coverage
This research report categorizes the Pipeline Integrity Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Product
- Gas
- Oil
- Refined Products
- Service
- Inspection Services
- Monitoring Services
- Testing Services
- Application
- Offshore
- Onshore
- End Use
- Chemicals
- Construction
- Oil & Gas
- Power Generation
- Water & Waste
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Pipeline Integrity Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Pipeline Integrity Market?
- What are the technology trends and regulatory frameworks in the Pipeline Integrity Market?
- What is the market share of the leading vendors in the Pipeline Integrity Market?
- Which modes and strategic moves are suitable for entering the Pipeline Integrity Market?
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