Intelligent Pigging Services Market Highlights:
Intelligent Pigging Services Market is expected to grow at a CAGR of 5.2% during forecast period.
Our Market Overview and Regional Analysis provide an understanding of the industries, companies and products within the market. Our Trends section provides an analysis of how the market is currently performing and looks set to perform in the future. Our Growth Forecast section gives you an idea about how our Market Analysis works, by giving us further details on how we can build our Market Forecast model for a particular domain within this report. Lastly, in our Metrics section we outline important data points relating to each of these sections as well as our current forecasted price range.
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Based on technology, the market is segmented as magnetic flux leakage, caliper, and ultrasonic. Magnetic flux leakage segment is leading the market as it is majorly used in both liquid and gas pipelines and does not require any liquid couplant like ultrasonic pigging. Considering the application, the market is segmented as metal loss/corrosion, crack & leak detection, and geometry measurement & bend detection. Metal loss/corrosion detection application is expected to hold larger share during the forecast period as corrosion detection would help in avoiding pipe corrosion, stained fixtures, and potential odors.
Market Research Analysis
North America is estimated to hold the largest share during the forecast period
Region wise, North America held the largest market share of the global Intelligent Pigging Services 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 Services 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 Services Market during the forecast period.
Scope of the Report
This report provides an in-depth analysis of the global Intelligent Pigging Services Market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Intelligent Pigging Services Market by its pipeline type, technology, application, and by region.
By Pipeline Type
- Liquid
- Gas
By Technology
- Magnetic Flux Leakage
- Caliper
- Ultrasonic
By Application
- Metal Loss/Corrosion
- Crack and Leak Detection
- Geometry Measurement and Bend Detection
By Regions
- North America
- Asia-Pacific
- Europe
- Rest of the World
Key Players
The key players of the global Intelligent Pigging Services 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), among others.
