Intelligent Pigging Service Market Overview
Intelligent pigging is a pipeline inspection process that uses digital technology to determine the state of the pipeline. It's commonly utilized to acquire critical information, such as the presence and location of corrosion or other irregularities on the pipe's inner walls. The intelligent Pigging Service Market is projected to boost at a significant rate in the coming years.
The intelligent pigging service market is predicted to be driven by government and industry restrictions, as well as the rising use of petroleum products and natural gas. Furthermore, the intelligent pigging service market is expected to grow in the near future as pipeline owners become more aware of the benefits of pipeline maintenance and frequent inspection.
Pipeline damage has occurred frequently in the oil and gas industry in the past, resulting in significant product loss and accidents. As a result, oil and gas companies must maintain a strong pipeline infrastructure. The intelligent pigging service market is expected to be driven by concerns about pipeline safety.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Technology, End-Use, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | ROSEN Group, Baker Hughes, T.D. Williamson, NDT Global, Onstream Pipeline Inspection, Enduro Pipeline Services, Dacon Inspection Services, Intertek Group, Applus, and LIN SCAN. |
Covid-19 Impact on Intelligent Pigging Service Market
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Intelligent Pigging Service Market Segment Overview
Based on the Technology, Magnetic Flux Leak Detection is a major segment in the global Intelligent Pigging Service market. Intelligent pigging services based on smart magnetic flux leak detection technology are favoured since they can be utilized in both liquid and gas pipelines and do not require the use of a liquid coolant like ultrasonic pigging. Even in thin-walled pipelines, magnetic flux leak detection pigs can detect and measure metal loss or corrosion, cracks, and weld defects, whereas ultrasonic pigs fail to reliably identify and measure thin-walled pipelines.
Intelligent Pigging Service Market, By Technology
· Magnetic Flux Leak Detection
· Ultrasonic Testing
Intelligent Pigging Service Market, By End-Use
· Oil Products
· Gas Products
Intelligent Pigging Service Market Regional Overview
The intelligent pigging service market can be divided into North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa based on region. North America is the largest region with the highest share in the global Intelligent Pigging Service Market. Major companies in the oil and gas industry, as well as important users of inline inspection services for intelligent pigging, may be found in North America. Natural gas and petroleum are the two primary energy sources in the United States. To meet the increased demand for energy resources, North America is spending heavily on oil and gas pipeline projects. Furthermore, due to the considerable production and exploration of crude oil and gas in the region, the Middle East and Africa is one of the important regions of the intelligent pigging service market. The market for intelligent piping services in Latin America and the Asia Pacific is predicted to grow substantially as new oilfield reserves are discovered.
Intelligent Pigging Service Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Intelligent Pigging Service Market, Key Players
· ROSEN Group
· Baker Hughes
· T.D. Williamson
· NDT Global
· Onstream Pipeline Inspection
· Enduro Pipeline Services
· Dacon Inspection Services
· Intertek Group
· Applus
· LIN SCAN
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Intelligent Pigging Service market?
The intelligent pigging service market is predicted to be driven by government and industry restrictions, as well as the rising use of petroleum products and natural gas.
Q2. Which Segments are covered in the global Intelligent Pigging Service market report?
Technology, End-Use, and Region. these segments are covered in the global Intelligent Pigging Service market report.
Q3. Which segment is projected to hold the largest share in the global Intelligent Pigging Service market?
Magnetic Flux Leak Detection segment is projected to hold the largest share in the global Intelligent Pigging Service market.
Q4. Which region holds the largest share in the global Intelligent Pigging Service market?
North America holds the largest share in the global Intelligent Pigging Service market
Q5. Which are the prominent players in the global Intelligent Pigging Service market?
ROSEN Group, Baker Hughes, T.D. Williamson, NDT Global, Onstream Pipeline Inspection, Enduro Pipeline Services, Dacon Inspection Services, Intertek Group, Applus, and LIN SCAN. are some key players in the global Intelligent Pigging Service market
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Intelligent Pigging Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Technology
- 5.2.1. Magnetic Flux Leak Detection
- 5.2.2. Ultrasonic Testing
- 5.3. Market Analysis, Insights and Forecast – By End-Use
- 5.3.1. Oil Products
- 5.3.2. Gas Products
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Intelligent Pigging Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Technology
- 6.2.1. Magnetic Flux Leak Detection
- 6.2.2. Ultrasonic Testing
- 6.3. Market Analysis, Insights and Forecast – By End-Use
- 6.3.1. Oil Products
- 6.3.2. Gas Products
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Intelligent Pigging Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Technology
- 7.2.1. Magnetic Flux Leak Detection
- 7.2.2. Ultrasonic Testing
- 7.3. Market Analysis, Insights and Forecast – By End-Use
- 7.3.1. Oil Products
- 7.3.2. Gas Products
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Intelligent Pigging Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Technology
- 8.2.1. Magnetic Flux Leak Detection
- 8.2.2. Ultrasonic Testing
- 8.3. Market Analysis, Insights and Forecast – By End-Use
- 8.3.1. Oil Products
- 8.3.2. Gas Products
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Intelligent Pigging Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Technology
- 9.2.1. Magnetic Flux Leak Detection
- 9.2.2. Ultrasonic Testing
- 9.3. Market Analysis, Insights and Forecast – By End-Use
- 9.3.1. Oil Products
- 9.3.2. Gas Products
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. ROSEN Group
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Baker Hughes
- 10.6. T.D. Williamson
- 10.7. NDT Global
- 10.8. Onstream Pipeline Inspection
- 10.9. Enduro Pipeline Services
- 10.10. Dacon Inspection Services
- 10.11. Intertek Group
- 10.12. Applus
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
