Intelligent Pigging is a type of inspection method where an inspection probe or smart pig is drove through pipelines for collection of vital data like presence and location of corrosion and other irregularities of inner walls of pipe. This enables the cleaning of pipelines by scrapping pipe side-walls and removal of dirt and wreckage through it which avoids erosion-corrosion, pitting, weld anomalies, metal loss.
Market Dynamics
The global intelligent pigging market has witnessed significant growth in recent past years, owing to the rising incorporation of automation technology by original equipment manufacturers and equipment vendors in various end user industries. Pipe manufacturers are focusing on research and developments for improving the pipeline inspections and maintenance which will enable efficient analysis of pipeline flow. This scenario is expected to provide lucrative growth to the global intelligent pigging market over the forecast period.
Major players in the global intelligent pigging market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries manufacturing, oil & gas, mining and others. This scenario is expected to fuel the market during the forecast period.
Intelligent pigging is a technique of inspecting a pipeline internally and gathering information regarding presence and location of corrosion, bends, and other anomalies in the pipelines. The complexity of mandatory pipeline inspections and increased governmental regulations have led to the need for intelligent pigging service for pipelines. Pipeline operators need access to data to mitigate risk and ensure safety effectively by evaluating signs of metal loss, corrosion detection, and other physical defects.
Key features of the study:
- This report provides an in-depth analysis of the global intelligent pigging market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global intelligent pigging market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include LIN SCAN, T.D. Williamson, Inc., Baker Hughes Incorporated, GE Oil and Gas, NDT Global, Enduro Pipeline Services, Inc., Oil & Gas Explorers and Producers, Petrobras, OMV Group, ConocoPhillips, and Royal Dutch Shell PLC
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics.
- The global intelligent pigging market report caters to various stakeholders in this industry including investors, suppliers, intelligent pigging manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global intelligent pigging market
Detailed Segmentation:
- Global Intelligent Pigging Market, By Technology:
- Magnetic Flux Leakage
- Ultrasonic Test
- Global Intelligent Pigging Market, By End-use Industry:
- Global Intelligent Pigging Market, By Region:
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- France
- Germany
- Italy
- Spain
- U.K.
- Nordic
- Benelux
- Russia
- Poland
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Oceania
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
- Company Profiles
- LIN SCAN*
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments
- Future Plans
- Williamson, Inc.
- Baker Hughes Incorporated
- GE Oil and Gas (PII Pipeline Solutions)
- NDT Global
- Enduro Pipeline Services, Inc.
- Oil & Gas Explorers and Producers
- Petrobras
- OMV Group
- ConocoPhillips
- Royal Dutch Shell PLC
"*" marked represents similar segmentation in other categories in the respective section