Global Oil and Gas Pipeline Inspection Service Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030
Oil and gas pipeline inspection service is a professional technical service that aims to use a variety of inspection technologies to detect the basic dimensions of the pipeline such as diameter and wall thickness, the length of the pipeline line, the location, depth, shape and corrosion area of the internal and external pipelines Comprehensively understand the size of the pipeline, observe and detect whether there are cracks or weld defects in the pipeline, and implement a variety of remedial, repair or update measures to optimize and solve oil and gas pipeline problems, ensure the safe and reliable operation of oil and gas pipelines, and provide oil and gas resources Provide good guarantee for normal, orderly and smooth transportation.
Market Overview:The latest research study on the global Oil and Gas Pipeline Inspection Service market finds that the global Oil and Gas Pipeline Inspection Service market reached a value of USD 5556.87 million in 2023. It’s expected that the market will achieve USD 8694.88 million by 2029, exhibiting a CAGR of 7.75% during the forecast period.
driving factors
Technology upgrade
With the continuous advancement and innovation of modern science and technology, the oil and gas pipeline inspection service industry is also constantly developing towards high efficiency, intelligence and environmental protection. Modern non-destructive testing technology, remote sensing technology, machine learning, etc. make pipeline inspection work more accurate and efficient, while also improving the safety, accuracy and ease of operation of pipeline inspection. This brings huge opportunities for technological upgrading of the oil and gas pipeline inspection service industry, helping to improve service quality and competitiveness. At the same time, against the background of society's growing demand for green, environmental protection, energy conservation and other aspects, the development and application of various high and new technologies have also created broad market space and development potential for the oil and gas pipeline inspection service industry.
Region Overview:In 2022, the share of the Oil and Gas Pipeline Inspection Service market in North America stood at 44.14%.
Company Overview:ROSEN is a high-tech company specializing in long-distance oil and gas pipeline inspection, possessing the world's top pipeline inspection technology and pigging technology. Serving the oil and gas industry in more than 80 countries around the world. The company has inspected more than 1 million kilometers of pipelines. Whether it is oil or natural gas, from pipelines to oil storage tanks, from comprehensive facilities to vast oil storage tank sites, ROSEN is committed to providing a complete solution to every problem.
Baker Hughes, Inc. provides oilfield services. As an oilfield services provider, the company creates value for oil and natural gas producers by providing practical technologies for oil and gas reservoir exploration, extraction, production and management. Baker Hughes also provides global sales guidance, comprehensive project management and support for strategic entry into new regional markets. The company is organized into two segments, Drilling & Appraisal and Completions & Production. The Drilling & Evaluation segment provides products and services used in drilling and evaluating oil and natural gas wells. The Completion and Production segment provides products and services used in the completion and production phases of oil and natural gas wells.
ROSEN is one of the major players operating in the Oil and Gas Pipeline Inspection Service market, holding a share of 9.72% in 2023.
Segmentation Overview:As for product types, the Magnetic flux leakage detection technologysegment held the largest market share in 2022.
Application Overview:The market's largest segment by application is the segment Natural Gas Pipeline, with a market share of 66.88% in 2022.
Key Companies in the global Oil and Gas Pipeline Inspection Service market covered in Chapter 3:Sonomatic
Baker Hughes
Intertek
Applied Consultants, Inc
Onstream Pipeline Inspection Services
PIPECARE
ABS Group
SGS
QIS
WEGAUGE
MISTRAS Group
TJ Inspection
3P Services
3B Inspection
ENTEGRA
Dekra
Liberty Energy Services
In Chapter 4 and Chapter 14.2, on the basis of types, the Oil and Gas Pipeline Inspection Service market from 2019 to 2030 is primarily split into:Onshore Oil and Gas Pipeline Inspection Service
Offshore Oil and Gas Pipeline Inspection Service
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Oil and Gas Pipeline Inspection Service market from 2019 to 2030 covers:Oil and Gas Upstream (Exploration and Production)
Oil and Gas Midstream (Distribution)
Oil and Gas Downstream (Refining)
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)