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Intelligent Pipeline Pigging Services Market Analysis

  • Report ID: GMI6173
  • Published Date: Jul 2023
  • Report Format: PDF

Intelligent Pipeline Pigging Services Market Analysis

The internal cleaning segment in the intelligent pipeline pigging services market will register around 2% growth during 2023 to 2032. The pipeline internal cleaning sector is experiencing the adoption of advanced cleaning technologies to enhance efficiency and effectiveness. These technologies include intelligent pigging tools equipped with advanced sensors and imaging capabilities to provide accurate and detailed information about the pipeline's condition. Robotic cleaning devices and automated systems are also being employed for more precise and efficient cleaning operations.
 

The development of unconventional energy resources, which include shale gas and tight oil, is driving the demand for pipeline internal cleaning services. Unconventional resources often require specialized cleaning methods due to the presence of complex formations, including scale, wax, and other challenging deposits. Pipeline cleaning companies are investing in technologies and expertise to address the specific cleaning requirements associated with unconventional resources.
 

Intelligent Pipeline Pigging Services Market Share, By End Use,

The gas intelligent pipeline pigging services market held dominated 85% of the global share in 2022 and is expected to grow at a lucrative pace by 2032. With aging infrastructure and the need to ensure safe and reliable gas transmission, there is an increasing emphasis on regular inspection and maintenance. This drives the demand for this pigging service as an essential tool for assessing pipeline integrity and identifying potential issues. The requirement for natural gas continues to rise, leading to the expansion of gas pipeline infrastructure. New pipeline construction projects and infrastructure upgrades are driving the business growth. These extensions require comprehensive inspection and cleaning services to ensure the efficient and safe operation of the pipelines.
 

Europe Intelligent Pipeline Pigging Services Market Size,

The Europe intelligent pipeline pigging services industry poised to attain 1% growth rate between 2023 and 2032 led by the increasing focus on improving the flow dynamics of interregional gas trade infrastructure. European countries are strategically working towards the development of sustainable and cost-effective pipeline networks to facilitate the efficient transportation of natural gas and other products. The rising adoption of intelligent pigging for pipeline inspection to enhance transmission efficiency is expected to further drive the growth of the industry in the coming years.
 

European countries are emphasizing energy security and diversification of energy sources. This has led to investments in the development of interregional gas trade infrastructure and the establishment of new gas pipelines. The construction of these pipelines necessitates comprehensive inspection and maintenance using pipeline pigging technologies. The demand for natural gas in the region continues to grow due to its cleaner and more environmentally friendly nature compared to other fossil fuels. As a result, there is a rising need for pipeline infrastructure and efficient transportation methods, which is fostering the intelligent pipeline pigging services market statistics to ensure the integrity and smooth operation of gas pipelines.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of intelligent pipeline pigging services was worth USD 1.2 billion in 2022 and is projected to grow at a CAGR of 1.3% during 2024 to 2032, on account of demand for efficient supply infrastructure and shifting trend towards natural gas.

The internal cleaning segment is expected to expand at 2% growth rate from 2023 to 2032, owing to adoption of advanced cleaning technologies like intelligent pigging tools equipped with advanced sensors and imaging capabilities to provide accurate and detailed information about the pipeline's condition.

Europe intelligent pipeline pigging services sector is expected to experience around 1% growth through 2032 due to the increasing focus on improving the flow dynamics of interregional gas trade infrastructure.

Baker Hughes Company, Applus+, T.D. Williamson, Inc., ROSEN Group, NDT Global, Altus Intervention, LIN SCAN, CIRCOR International, Inc., Dacon, IKM Testing, Inline Services, LLC, and Halliburton.

Intelligent Pipeline Pigging Services Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 274
  • Countries covered: 17
  • Pages: 150
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