Pipeline Integrity Management Market Size, Share & Trend Analysis Report, By Location (Onshore, Offshore), By Service (Inspection Service, Cleaning Service), By Region, And Segment Forecasts, 2024 - 2030
Pipeline Integrity Management Market Trends
The global pipeline integrity management market size was estimated at USD 2.18 billion in 2023 and is estimated to grow at a CAGR of 4.6% from 2024 to 2030. Increasing demand for petroleum products such as LPG, LNG, petrol, and diesel is expected to fuel the need for pipeline integrity management services.
The rising expansion of the oil & gas industry has increased the need to maintain pipeline infrastructures' safety and reliability. This has boosted the demand for pipeline integrity management (PIM) solutions to ensure the optimal functioning of pipelines. In addition, integrating advanced technologies in PIM solutions, including artificial intelligence (AI) and the Internet of Things (IoT), offers enhanced monitoring and predictive analysis capabilities. This will enable the identification of potential issues to mitigate risks, thereby further improving the efficiency of the pipeline infrastructure.
Global Pipeline Integrity Management Market Report Segmentation
This report forecasts revenue growth at global, country, and regional levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global pipeline integrity management market report based on location, service, and region:
Location Outlook (Revenue, USD Billion, 2018 - 2030)
Onshore
Offshore
Service Outlook (Revenue, USD Billion, 2018 - 2030)
Inspection Service
Cleaning Service
Repairs & Refurbishment
Regional Outlook (Revenue, USD Billion, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Russia
Asia Pacific
China
India
Japan
South Korea
Central & South America
Brazil
Middle East & Africa
GCC
South Africa
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