(MENAFN- iCrowdNewsWire) The ' Intelligent Pigging market' research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Intelligent Pigging derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Intelligent Pigging market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
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Global Intelligent Pigging Market to reach USD 0.86 billion by 2027.
Global Intelligent Pigging Market is valued approximately at USD 0.62 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.69% over the forecast period 2021-2027. Intelligent pigging is a pipeline inspection process in which a smart pig, or inspection probe, is pushed through the pipeline to gather essential data such as the occurrence and location of corrosion or other defects in the pipe inner walls. It assists in pipeline cleaning by scraping the pipe’s sides and removing dirt and debris as it passes through. As they move along the product flow through the pipe, intelligent pigs may conduct advanced inspection activities in addition to cleaning. Intelligent pigging market is driven by benefits of intelligent pigging solutions and increase in government regulations for pipeline inspections. Inspection of pipelines is an essential part of asset integrity protection. To maintain safety and effectively reduce risks, pipeline operators must monitor for signs of metal failure, internal and external corrosion, and other irregularities. Carrying or transmitting large quantities of flammable or explosive materials, such as natural gas or oil, across pipelines necessitates extreme caution, as even a minor leak can have devastating results. For instance, pipelines transport about 70% of crude oil and refined products in the United States. Furthermore, for example, according to the U.S. Environmental Protection Agency (EPA), operation pipeline safety regulations are based on several inspection factors such as pipe pressure testing, corrosion monitoring, welding, accident reporting, building, emergency response and more. Included in its inspection and reparation programmes, pipeline and hazardous materials safety administration (PHMSA) works to ensure that pipelines are carried out through the high-impact fields. However, Unpiggable Pipelines Render Intelligent Pigging Cumbersome which may impede market growth over the forecast period of 2021-2027.
North America is dominating the market due to the exploration and development of energy generated in the region, and it will continue to move deeper into harsh environments as the demand for energy produced in the region grows. The recent discovery of new extraction methods, in particular, has opened up numerous oil and gas shale regions in extremely remote areas.
Key Segments Studied in the Global Intelligent Pigging Market
Major market player included in this report are:
- Hak Industrial Services
- SGS SA
- Quest Integrity Group
- Cdria Pipeline Services
- Rosen Group
- NDT Global
- Enduro Pipeline Services
- Intertek Group
- Halfwave As
- Corrosion Control Engineering
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Pipeline Type:
- Magnetic Flux Leakage
- Metal Loss/Corrosion Detection
- Geometry Measurement & Bend Detection
- Crack & Leak Detection
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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About Data Collection and Research Methodology: Majorly data is collected via primary sources that includes interviews and survey with industry experts from core and related industries, and manufacturers and part suppliers involved in supply chain. Additionally, secondary sources are also utilized like annual reports, whitepapers, press releases etc.
Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
- Market size and growth rate during forecast period.
- Key factors driving the Market.
- Key market trends cracking up the growth of the Market.
- Challenges to market growth.
- Key vendors of Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
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Competitiveness Industry concentration – This is a measure of the number of firms in an industry and the size of the predominant firms in the industry. It indicates the nature of the competition. Identify the most important players in the industry. What percent of the market is controlled by the largest companies (for example, the four largest firms)? What is the market share of each major firm? What is the number of firms over a certain size? Is there a dominant industry leader? Who is it?
Key Points Covered in Intelligent Pigging Market Report: Study Explore COVID 19 Outbreak Impact Analysis
Global Intelligent Pigging Market Research Report
Section 1: Global Intelligent Pigging Industry Overview
Section 2: Global Economic Impact on Intelligent Pigging Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Intelligent Pigging Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Intelligent Pigging Market Forecast
……..and view more in complete table of Contents
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