Global pipeline monitoring system market is expected to grow at a rate of steady CAGR for the forecast period, 2023-2027. The rise in incidences of gas and oil leakage in the pipeline, storage tanks, and production and the growing energy requirements around the globe is driving the demand for the global pipeline monitoring system market. Increasing investments for efficient oil and gas extraction and strict government restrictions to ensure safety and security and the expansion and up-gradation of pipelines significantly contributes to the market growth.
The surge in the discovery of oil and gas fields and the development of required infrastructure is expected to fuel the market demand. Increasing industrialization and globalization around the globe, owing to the high demand for water and wastewater and oil and gas, is boosting the demand for the global pipeline monitoring system market to avoid leakage.
Global pipeline monitoring system market is segmented into type, technology, end-user industry, application, regional distribution, and company. On the basis of regional analysis, North America followed closely Asia-pacific is expected to dominate the market for the next five years, 2023-2027. High-end investments by the government and the rise in the construction of pipelines due to growing population and energy requirements are driving the demand for the global pipeline monitoring system market. Also, the construction of new pipelines boosts the development and increases investments in oil and gas and water and wastewater industries in countries like China, India is impacting the global pipeline monitoring system market demand.
The major players operating in the global pipeline monitoring system market are Orbcomm Inc., Transcanada, Honeywell International Inc, PSI AG, Siemens AG, Huawei Technologies Co. Ltd., Bae Systems Inc., Pure Technologies, C-Fer Technologies, Perma-Pipe Inc., and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market.
Objective of the Study
- To analyze and estimate the market size of global pipeline
monitoring system market from 2017 to 2020.
- To estimate and forecast the market size of global pipeline
monitoring system from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global pipeline monitoring system based on
type, technology, end-user industry, application, regional distribution,
and company.
- To identify dominant region or segment in the global pipeline
monitoring system market.
- To identify drivers and challenges for global pipeline monitoring
system market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in global pipeline monitoring
system market.
- To identify and analyze the profile of leading players operating in
global pipeline monitoring system market.
- To identify key sustainable strategies adopted by market players in
global pipeline monitoring system market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers who could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
Market insights research calculated the market size of
Key Target Audience
- Pipeline monitoring system manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums, and alliances related
to pipeline monitoring system market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute
|
Details
|
Base Year
|
2021
|
Historical Data
|
2017 –
2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023
– 2027
|
Quantitative Units
|
Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
|
Report coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments covered
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- Type
- Technology
- End User Industry
- Application
|
Regional scope
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North
America; Europe; Asia Pacific; South America; Middle East & Africa
|
Country scope
|
United States, Mexico, Canada, China, India, Japan, South
Korea, Australia, Singapore; Malaysia; Germany, France, United Kingdom,
Spain, Italy, Poland; Denmark; South Africa, UAE, Saudi Arabia, Iraq; Turkey;
Brazil, Argentina, Colombia; Peru; Chile
|
Key companies profiled
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Orbcomm
Inc., Transcanada, Honeywell International Inc, PSI AG, Siemens AG, Huawei
Technologies Co. Ltd., Bae Systems Inc., Pure Technologies, C-Fer
Technologies, Perma-Pipe Inc.
|
Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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