- Report ID: BMRC 1338 | Number of pages: 200 | Publish Date: Jan 2021
Status: Published | Category: Construction | Delivery Timeline:
Intelligent Pigging Market is valued at USD 626.57 Million in 2020 and expected to reach USD 863.59 Million by 2027 with the CAGR of 4.69% over the forecast period.
Global Intelligent Pigging Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Growing technological advancements in the pigging system, strict government & industry regulations and numerous benefits of intelligent pigging solutions have been driving the global intelligent pigging market.
Intelligent Pigging is an inspection technique whereby an inspection probe, often referred to as a smart pig is propelled through a pipeline while collecting important data such as the presence and location of corrosion or other irregularities on the inner walls of the pipe. Smart pigging provides a number of advantages over traditional forms of pipeline inspection. It allows pipelines to be cleaned and inspected without having to stop the flow of product. It also permits the pipeline to be completely inspected without having to send inspectors down its entire length. Finally, it provides cleaning and inspection services at the same time, saving companies both time and money. Pipelines are the most widely used medium for the transportation of oil and natural gas and are highly essential to maintain high operational values. Thus, many regulations guidelines, and laws have been introduced that mandates the regular inspection of pipelines to prevent accidents, hazards, and groundwater contamination.
Global Intelligent Pigging market report is segmented on the basis of type and application. Based upon type Intelligent Pigging is classified into Magnetic Flux Leakage, Ultrasonic and Caliper. Based upon application Intelligent Pigging is classified into Metal Loss/Corrosion Detection, Geometry Measurement & Bend Detection and Crack & Leak Detection.
The regions covered in this global Intelligent Pigging market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level market of Intelligent Pigging is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global Intelligent Pigging market Report covers prominent players are like T.D. Williamson, Baker Hughes, Rosen Group, NDT Global, Enduro Pipeline Services, Intertek Group, Applus, Lin Scan, Dacon Inspection Services, Onstream Pipeline Inspection, SGS SA, A.Hak Industrial Services, Quest Integrity Group, Cdria Pipeline Services, Cokebusters, Romstar, Halfwave As, Penspen, Rouge Pipeline & Process Services, Corrosion Control Engineering and Other.
Dacon inspection technologies debuted the latest innovations of inspection in Dacon evolution event
News: - 03-05-2019, During the event, the participants had the opportunity to get more information in advanced inspection technologies and explored the latest innovation for optimizing Asset Integrity Plant Management. Proud to say all in-house developed by our own RD&E Department. Nowadays, we are proud to announce that Dacon Inspection Services has changed the name to Dacon Inspection Technologies said Mallika Kaekla, CEO of Dacon Inspection Technologies. In the rapid global expansion, DACON aims to develop intelligent personalized solutions to fulfill the diversified customer’s requirements. Meanwhile, safety and quality are still our prioritized commitment. This success is going to lift DACON up to another level becoming the leader in Inspection Technologies.
Growing technological advancements in the pigging system, strict government & industry regulations and numerous benefits of intelligent pigging solutions have been driving the global intelligent pigging market. Pipeline inspection is a crucial process in asset integrity management. Pipeline operators need to check the signs of metal loss, internal and external corrosion and other irregularities to ensure safety and mitigate risks effectively. Immense safety measures are required to carry or transmit large volumes of flammable or explosive materials, such as natural gas or oil, through pipelines as even a small leak in these pipelines may result in serious consequences. For instance, in September 2019, Indian Oil launched new artificial intelligence-powered intelligent pigging analysis software. Also, Smart pigging solutions overcome the problems of conventional pipeline pigging by combining some of the functions of the ILI pig with the simplicity of the cleaning pig. Smart pig incorporates an array of electromagnetic, contactless sensors within a flexible polyurethane or foam body. High maintenance cost and unpiggable pipelines might hinder the overall growth at a global level. Significant use of small-diameter intelligent pigs can provide growth opportunity for the growth of this market.
North America is expected to dominate the growth of the Intelligent Pigging Market, due to Rapid urbanization and industrialization around the globe coupled with favorable government policies. The federal program of the US for pipeline safety is primarily conducted by the Pipeline and Hazardous Materials Safety Administration (PHMSA) agency of the United States Department of Transportation, which monitors inspection and enforcement activities. The official United Nations estimates and projections of urban and rural populations for 233 countries and areas of the world and for close to 1,900 urban settlements with 300,000 inhabitants or more in 2018, as published in World Urbanization Projections. Europe is second largest region for the growth of this market, due to increased government mandates and regulations for pipeline inspections. Growing regulatory concerns relating to the maintenance of pipelines, and increasing population and energy demands in the region have been bolstering the growth of the intelligent pipeline pigging market in Asia pacific.
Key Benefits for Global Intelligent Pigging Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
By Type - Magnetic Flux Leakage, Ultrasonic, Caliper
By Application- Metal Loss/Corrosion Detection, Geometry Measurement & Bend Detection, Crack & Leak Detection
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
Interested in this report?
Intelligent Pigging Market Size By Type (Magnetic Flux Leakage, Ultrasonic, Caliper) Forecast 2021-2027