Intelligent Pigging Service Market Analysis by Regional Development Status, Market Size, Volume and Value

Press Release

Intelligent Pigging Service Market: Overview

Intelligent pigging is a technique of inspection of pipelines using digital technology to understand their condition. It is widely used to gather important data, such as the presence and location of corrosion or other irregularities on the inner walls of the pipe. Devices known as ‘pigs’ are used to clean pipelines and are placed on one end of a pipeline and pushed through the line. They scrape the sides of the pipe and remove dirt and debris from the pipeline. The complexity of mandatory pipeline inspections and increased governmental regulations have led to the need for intelligent pigging service for pipelines. Pipeline operators need access to data to mitigate risk and ensure safety effectively by evaluating signs of metal loss, internal or external corrosion, and other physical defects.

Intelligent Pigging Service Market: Drivers and Restraints

Stringent government and industry regulations and increasing consumption of petroleum products and natural gas are expected to drive the intelligent pigging service market. Moreover, increasing awareness among pipeline operators about the benefits of maintenance of pipelines and regular inspection is anticipated to fuel the intelligent pigging service market in the near future. The oil & gas industry has witnessed major incidents of pipeline damage in the past, resulting in major product loss and accidents. Therefore, keeping pipeline infrastructure healthy becomes necessary for oil & gas companies. Concern about the safety of pipelines is anticipated to drive the intelligent pigging service market.

Browse more detail information about this report visit at at https://www.transparencymarketresearch.com/intelligent-pigging-service-market.html

Intelligent Pigging Service Market: Key Segments

The intelligent pigging service market can be segmented based on technology, end-use, application, and region. Based on technology, the intelligent pigging service market can be segmented into magnetic flux leak detection and ultrasonic testing. Intelligent pigging service based on smart magnetic flux leak detection technology is preferred as it can be used in both liquid and gas pipelines and does not require any liquid coolant as in ultrasonic pigging. Magnetic flux leak detection pigs can detect and measure metal loss or corrosion and cracks and weld defects even in thin-walled pipelines, while ultrasonic pigs fail to identify and measure thin-walled pipelines accurately.

Based on end-use, the intelligent pigging service market can be divided into oil products and gas products. In terms of application, the intelligent pigging service market can be split into metal loss/corrosion detection, geometry measurement & bend detection, and crack & leak detection. Pipe corrosion can damage the quality of the substance that is carried, and it can result in stained fixtures and potential odors. Therefore, intelligent pigging service is in great demand for the detection of pipeline corrosion. Thus, with more risks associated with corrosion of metals, the use of intelligent pigging service in corrosion detection is expected to rise during the forecast period.

Based on region, the intelligent pigging service market can be categorized into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. North America has the presence of major players from the oil & gas industry and prominent users of inline inspection services for intelligent pigging. Natural gas and petroleum are the two sources of energy in the U.S.. North America is investing significantly in oil and gas pipeline projects to fulfill the growing demand for energy resources. Moreover, Middle East and Africa is one of the key regions of the intelligent pigging service market due to significant production and exploration of crude oil and gas from the region. The intelligent piping service market in Latin America and Asia Pacific is expected to expand rapidly due to the discovery of new oilfield reserves.

Intelligent Pigging Service Market: Key Players

Request Brochure of this report visit at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=47745&source=atm

Key players operating in the global intelligent pigging service market include ROSEN Group, Baker Hughes, T.D. Williamson, NDT Global, Onstream Pipeline Inspection, Enduro Pipeline Services, Dacon Inspection Services, Intertek Group, Applus, and LIN SCAN.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis

The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Request For Discount On This Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=47745&source=atm

This post was originally published on Analytics News