Global Pipeline Transportation Market Size By Type (Oil and Gas, Coal, Chemical), By Pipeline Type (Gathering pipeline, Transmission pipeline), By Geographic Scope And Forecast

Pipeline Transportation Market Size And Forecast

Pipeline Transportation Market size was valued at USD 16.87 Billion in 2022 and is projected to reach USD 36.64 Billion by 2030, growing at a CAGR of 9.10% from 2023 to 2030.

The rise in demand for oil and gas, lower cost of operation, large quantity of transportation, safe for hazardous liquid and gas are a few factors determining the growth of the Pipeline Transportation Market. The Global Pipeline Transportation Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Pipeline Transportation Market Definition

Pipeline transportation is the long-distance transportation of liquid or gas through the connection of pipes buried underground. Pipeline transportation is widely used in the oil and gas industry as it is an economical way of transporting. Pipelines are made of different materials the substance required to transport using pipeline systems such as steel, cast iron, and aluminum.

Domestically, Pipelines are mainly used for transporting drinking or irrigation water and sewage purpose. Pipeline transportation is more beneficial than other methods of transportation. As pipelines are buried under land and have a less environmental effect than conventional modes of transportation and it has reduces carbon footprints.

Global Pipeline Transportation Market Overview

A key component that drives the market for Pipeline Transportation Market is the increasing demand for oil and gas. Oil is an essential and scarce resource used as fuel mainly for vehicles. Lower cost of operation, safe and economical for hazardous liquids and gases, and increased and developed infrastructural facilities are a few factors that drive the market. It does not require any labor as it is an automated process of transporting. Stringent government rules and regulations can hamper the growth of the market as the government has some code of conduct for the transportation of liquids and gases.

The existence of alternative and cheaper sources of transportation can restrict the growth of the Pipeline Transportation Market. The market for pipeline transportation is expected to grow in years to follow due to the growing use of augmented reality in pipeline transportation. Augmented Reality (AR) is a technology that enriches the visual view of pipeline transportation with digital information. AR technology augments real-time contextual information in the world. This capability will add tremendous value to the Pipeline Transportation Market.

Global Pipeline Transportation Market Segmentation Analysis

The Global Pipeline Transportation Market is segmented on the basis of Type, Pipeline Type, And Geography.

Pipeline Transportation Market, By Type

• Oil and Gas
• Coal
• Chemical
• Water
• Other

Based on Type, the market is segmented into Oil and Gas, Coal, Chemical, Water, and Other. Oil and gas form the largest segment of the Pipeline Transportation Market due to the growing use of pipeline transportation for the oil extraction process. In the oil and gas sector, pipeline transport is preferable because of its lower cost per unit and higher capacity of transport.

Pipeline Transportation Market, By Pipeline Type

• Gathering pipeline
• Transmission pipeline
• Distribution pipeline
• Feeder pipeline

Based on Pipeline Type, the market is segmented into Gathering pipeline, Transmission pipeline, Distribution pipeline, and Feeder pipeline.

Pipeline Transportation Market, By Geography

• North America
• Europe
• Asia-Pacific
• Rest of the World

Based on Geography, the market is segmented into North America, Europe, Asia-pacific, and the Rest of the World. Asia-Pacific accounts for the largest segment of the Pipeline Transportation Market. However, North America poses to be the fastest-growing segment.

Key Players

The report has profiled some leading companies in the segment of the Global Pipeline Transportation Market. It provides competitive insights into the performance of the mentioned companies. The “Global Pipeline Transportation Market” key players are Alstom, ABB Ltd, Schneider Electric, Siemens, ESRI, Emerson, Trimble Navigation Limited, Rockwell Automation, FMC Technologies, and Alcatel-Lucent. In Jan 2021, Alstom, a global leader in smart and sustainable mobility, has acquired Bombardier Transportation.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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