Global Intelligent Pipeline Pigging Market Growth (Status and Outlook) 2023-2029

Global Intelligent Pipeline Pigging Market Growth (Status and Outlook) 2023-2029

A pig is a device inserted into a pipeline which travels freely through it, driven by the product flow to do a specific task within the pipeline. These tasks fall into a number of different areas: (a) Utility pigs which perform a function such as cleaning, separating products in-line or dewatering the line; (b) Inline inspection pigs which are used to provide information on the condition of the pipeline and the extent and location of any problem (such as corrosion for example) and (c) special duty pigs such as plugs for isolating pipelines.
Pipeline pigging is a technique to inspect the pipeline ducts to ensure clean and complete operability of any pipeline in various sectors such as construction, industrial plants such as chemical, oil & gas, water treatment etc. 'PIGS' are the devices which are inserted into the pipeline and travel throughout to record the blockage, affected parts of the pipeline. There are mainly two types of Pigs such as 'utility pigs' which are used to clean and separating the batch and in-line inspection, second type of pigs are 'ILI Tools', which are also known as intelligent pigs and are used to collect information such as condition of the pipeline and intensity of the problem and location.
Smart Pigs or Intelligent Pipeline Pigging are large pieces of machinery pulled together with powerful technology that help with the maintenance of transmission pipelines. These pipeline pigging devices are major components to pipeline safety and accident prevention. These inspection tools provide data on the condition of pipelines which help gauge the health and integrity of the pipes. In a time where environmental protection is key and of global concern, smart pigs are the peacekeepers of the delicate relationship between pipelines and Mother Earth (and regulators). In addition, these smart pipeline pigs make sure that transmission of the product doesn't stop due to pipeline integrity issues, which can be disasterous to the bottom line.
LPI (LP Information)' newest research report, the “Intelligent Pipeline Pigging Industry Forecast” looks at past sales and reviews total world Intelligent Pipeline Pigging sales in 2022, providing a comprehensive analysis by region and market sector of projected Intelligent Pipeline Pigging sales for 2023 through 2029. With Intelligent Pipeline Pigging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Intelligent Pipeline Pigging industry.
This Insight Report provides a comprehensive analysis of the global Intelligent Pipeline Pigging landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Intelligent Pipeline Pigging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Intelligent Pipeline Pigging market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Intelligent Pipeline Pigging and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Intelligent Pipeline Pigging.
The global Intelligent Pipeline Pigging market size is projected to grow from US$ 909.8 million in 2022 to US$ 1436.5 million in 2029; it is expected to grow at a CAGR of 6.7% from 2023 to 2029.
Global Intelligent Pipeline Pigging key players include TDW, Rosen, PII (Baker Hughes), Pure Technologies (Xylem), etc. Global top four manufacturers hold a share over 50%.
North America is the largest market, with a share over 45%, followed by Europe and Asia-Pacific, both have a share over 35 percent.
In terms of product, MFL Type is the largest segment, with a share over 60%. And in terms of application, the largest application is Natural Gas, followed by Crude Oil, Refined Products, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Intelligent Pipeline Pigging market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
MFL Type
UT Type
Others
Segmentation by application
Crude Oil
Refined Products
Natural Gas
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
TDW
Rosen
PII (Baker Hughes)
Pure Technologies
CIRCOR Energy
Romstar Group
Dacon Inspection Services
Enduro
NDT Global
Entegra
Intertek
LIN SCAN
PPL
3P Services
GeoCorr
Sinopec PSTC
Intero Integrity Services
Quest Integrity Group

Please note: The report will take approximately 2 business days to prepare and deliver.