Global Pipeline Transport Market 2024-2028
The pipeline transport market is forecasted to grow by USD 26.71 bn during 2023-2028, accelerating at a CAGR of 3.18% during the forecast period. The report on the pipeline transport market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the benefits of pipelines over other modes of oil and gas transportation, the environmentally friendly nature of pipelines as a mode of transport, and the increasing adoption of smart monitoring systems and corrosion-resistant materials.
Technavio's pipeline transport market is segmented as below:
By Type
- Oil and gas
- Water
- Chemical and petrochemicals
- Others
By Application
- Gathering
- Transmission
- Distribution
- Feeder
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the development of pipelines for transporting hydrogen as one of the prime reasons driving the pipeline transport market growth during the next few years. Also, the increasing prevalence of decentralized energy systems and rising demand for CCS will lead to sizable demand in the market.
The report on the pipeline transport market covers the following areas:
- Pipeline transport market sizing
- Pipeline transport market forecast
- Pipeline transport market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pipeline transport market vendors that include ABB Ltd., China National Petroleum Corp., ConocoPhillips Co., Emerson Electric Co., Enbridge Inc., Energy Transfer LP, Enterprise Products Partners LP, General Electric Co., Huawei Technologies Co. Ltd., Indian Oil Corp. Ltd., Inter Pipeline Ltd., Kinder Morgan Inc., ONEOK Inc., Plains All American Pipeline L.P., Rockwell Automation Inc., Shell plc, Siemens Energy AG, TC Energy, TechnipFMC plc, and West Shore Pipe Line Co.. Also, the pipeline transport market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth