Pipeline Monitoring Systems Market by Pipe - Global Opportunity Analysis and Industry Forecast, 2017-2023

  • ID: 4368963
  • Report
  • Region: Global
  • 180 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • BAE Systems, Inc.
  • Orbcomm Inc.
  • Pentair PLC.
  • PSI AG
  • Pure Technologies
  • Siemens AG
  • MORE
Pipeline monitoring systems are used to provide quick and accurate on-line monitoring of internal & external corrosion activities in pipelines. The global pipeline monitoring systems market was valued at $4,514 million in 2016, and is expected to reach $7,371 million by 2023, registering a CAGR of 7.5% from 2017 to 2023.

The pipeline monitoring systems market growth is driven by the increased oil & gas leakages, stringent government regulations concerning safety & monitoring, and growth in prevention of large storage tanks from natural disasters. In addition, high investments made in pipeline infrastructure are expected to propel the pipeline monitoring systems market growth. However, political instability is expected to hamper the pipeline monitoring systems market growth.

Pipeline monitoring systems are used to collect samples without production of hazardous waste and thus take precautionary measures for both onshore and offshore oil fields.

The global pipeline monitoring systems market is segmented on the basis of pipe, technology, end user, and geography. Based on pipe type, itis bifurcated into metallic and non-metallic pipe. By technology, itis categorized into ultrasonic testing, pipeline inspection gauges (PIGs), smart ball, magnetic flux leakage technology, and others.

The pipeline monitoring systems market is analyzed across four regions, namely, North America, Europe, Asia-Pacific, and LAMEA. North America is expected to dominate the global market during the analysis period, due to the presence of large number of pipeline networks. In addition, North America is preventing pipelines from terrorist attacks and other uncertain disasters, thereby investing high amounts on pipeline safety and monitoring systems. The market in Asia-Pacific is expected to grow at a significant rate due to upcoming pipeline projects undertaken by China, Japan, Malaysia, and India among others.

The report includes comprehensive analysis of the key players in this pipeline monitoring systems market such as Orbcomm Inc., Transcanada Company, PSI AG, Pure Technologies, Honeywell International Inc., Perma Pipe Inc., Siemens AG, Huawei Technologies Co. Ltd., BAE Systems, Inc., and Pentair PLC.

The other prominent players in the pipeline monitoring systems industry include Atmos International, Clampon AS, ABB Group, Future Fibre Technologies, Senstar Inc., Syrinix, Radiobarrier, TTK, Krohne Group, and Thales Group.

KEY BENEFITS FOR STAKEHOLDERS

The report includes an in-depth analysis of the global pipeline monitoring systems market along with the current trends, drivers, restraints, and growth opportunities.
Porter’s Five Forces model of the market illustrates the potency of buyers and sellers to formulate effective growth strategies.

Key market players and their strategies are provided.
The current trends are quantitatively analyzed and estimated from 2017 to 2023 to highlight the financial competency of the market.

KEY MARKET SEGMENTS

By Pipe

Metallic Pipe
Non-metallic Pipe

By Technology

Ultrasonic Testing
Smart Ball
Magnetic Flux Leakage Technology
PIGs
Others

By End User

Petroleum
Water & Wastewater
Others

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

KEY PLAYERS

Orbcomm Inc.
Transcanada Company
PSI AG
Pure Technologies
Honeywell International Inc.
Siemens AG
Huawei Technologies Co. Ltd.
BAE Systems, Inc.
Pentair PLC.
OTHER PLAYERS IN THE MARKET

Atmos International
Clampon AS
ABB Group
Future Fibre Technologies
Senstar Inc.
Syrinix
Radiobarrier
TTK
Krohne Group
Thales Group
READ MORE
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BAE Systems, Inc.
  • Orbcomm Inc.
  • Pentair PLC.
  • PSI AG
  • Pure Technologies
  • Siemens AG
  • MORE
CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1.1. Secondary research
1.4.1.2. Primary research
1.4.1.3. Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.3. Top investment pockets

3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS, 2016
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increased oil & gas leakages
3.5.1.2. Stringent government regulations
3.5.1.3. Increased need of preventing storage tanks

3.5.2. Restraints

3.5.2.1. Political instability

3.5.3. Opportunities

3.5.3.1. Increased investments in pipeline infrastructure

CHAPTER 4 PIPELINE MONITORING SYSTEMS MARKET, BY PIPE

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. METALLIC PIPE

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. NON-METALLIC PIPE

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

CHAPTER 5 PIPELINE MONITORING SYSTEMS MARKET, BY TECHNOLOGY

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. ULTRASONIC TESTING

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. PIG

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

5.4. SMART BALL

5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast

5.5. MAGNETIC FLUX LEAKAGE TECHNOLOGY

5.5.1. Key market trends
5.5.2. Key growth factors and opportunities
5.5.3. Market size and forecast

5.6. OTHERS

5.6.1. Key market trends
5.6.2. Key growth factors and opportunities
5.6.3. Market size and forecast

CHAPTER 6 PIPELINE MONITORING SYSTEMS MARKET, BY END USER

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. PETROLEUM

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.3. WATER & WASTEWATER

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

6.4. OTHERS

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast

CHAPTER 7 PIPELINE MONITORING SYSTEMS MARKET, BY GEOGRAPHY

7.1. OVERVIEW

7.1.1. Market size and forecast

7.2. NORTH AMERICA

7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast

7.2.3.1. U.S.
7.2.3.2. Canada
7.2.3.3. Mexico

7.3. EUROPE

7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast

7.3.3.1. UK
7.3.3.2. Germany
7.3.3.3. France
7.3.3.4. Italy
7.3.3.5. Rest of Europe

7.4. ASIA-PACIFIC

7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast

7.4.3.1. China
7.4.3.2. India
7.4.3.3. Japan
7.4.3.4. South Korea
7.4.3.5. Rest of Asia-Pacific

7.5. LAMEA

7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast

7.5.3.1. Latin America
7.5.3.2. Middle East
7.5.3.3. Africa

CHAPTER 8 COMPANY PROFILES

8.1. ORBCOMM INC.

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance
8.1.6. Key strategic moves & developments, 2014-2016

8.2. TRANSCANADA COMPANY

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.2.6. Key strategic moves & developments, 2014-2016

8.3. PSI AG

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. Business performance
8.3.6. Key strategic moves & developments, 2014-2016

8.4. PURE TECHNOLOGIES

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.4.6. Key strategic moves & developments, 2014-2016

8.5. HONEYWELL INTERNATIONAL INC.

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Business performance
8.5.6. Key strategic moves & developments, 2014-2016

8.6. PERMA PIPE INC.

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. Business performance
8.6.6. Key strategic moves & developments, 2014-2016

8.7. SIEMENS AG

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Product portfolio
8.7.5. Business performance
8.7.6. Key strategic moves & developments, 2014-2016

8.8. HUAWEI TECHNOLOGIES CO. LTD.

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Product portfolio
8.8.5. Business performance
8.8.6. Key strategic moves & developments, 2014-2016

8.9. BAE SYSTEMS, INC.

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.9.6. Key strategic moves & developments, 2014-2016

8.10. PENTAIR PLC

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance
8.10.6. Key strategic moves & developments, 2014-2016
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FEATURED COMPANIES

  • BAE Systems, Inc.
  • Orbcomm Inc.
  • Pentair PLC.
  • PSI AG
  • Pure Technologies
  • Siemens AG
  • MORE
According to the recent report titled, Pipeline Monitoring Systems Market by Pipe, Technology, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global pipeline monitoring systems market size was valued at $4,514 million in 2016, and is estimated to reach at $7,371 million by 2023, registering a CAGR of 7.5% from 2017 to 2023. North America constituted around 42.6% share in 2016 in the global pipeline monitoring systems market, and is expected to maintain its dominance throughout the analysis period, registering a CAGR of 6.5%.

The factors that drive the growth of the pipeline monitoring systems market are increased oil & gas leakages, government regulations concerning safety, and higher need to prevent storage tanks from natural disasters. In addition, high investments in pipeline infrastructure acts as an opportunity to the pipeline monitoring systems market growth. However, political instability is expected to impede the market growth. Innovative production for pipeline monitoring fuels the global pipeline monitoring systems market growth. Many oil & gas companies prefer ultrasonic testing technology as it detects small & large leakages, which generated highest revenue in 2016.

Non-metallic pipe is the most commonly used pipe in the pipeline monitoring systems industry as it costs lower than the metallic pipe and requires low maintenance. However, metallic pipes are expected to exhibit the highest growth rate such pipe types are stronger and more fracture resistant than non-metallic pipes. Therefore, several petroleum companies use metallic pipes for better transmission of water and sewage.

The end users of the pipeline monitoring systems industry are petroleum, water & wastewater, and others. The petroleum industry generated the highest revenue in 2016, and is expected to maintain this trend during the forecast period. With the growing focus towards pipeline safety and monitoring in petroleum sector, the industry is expected to grow at the notable rate by 2023.

Asia-Pacific is expected to grow at the highest CAGR of 9.4%, owing to the increased investments in pipeline infrastructure in countries, such as China, Japan, and India among others. However, LAMEA is the second highest growing region due to strong growth in oil & gas sector in the Middle East and Africa, which has further led to expansion of pipeline network.

Key Findings of the Pipeline Monitoring Systems Market:

LAMEA is projected to be the second highest growing region in the global pipeline monitoring systems market, in terms of revenue, registering a CAGR of 8.7% from 2017 to 2023.
Smart ball witnessed significant growth in 2016, and is anticipated to grow at the highest CAGR of 9.2%.
Non-metallic pipe was the highest revenue contributor to the market with 67.0% share in 2016, and is expected to maintain its dominance throughout the forecast period.
Petroleum industry in the pipeline monitoring systems market generated the highest revenue in 2016, and is expected to grow at a CAGR of 6.1%.
The key pipeline monitoring systems industry players profiled in the report include Orbcomm Inc., Transcanada Company, PSI AG, Pure Technologies, Honeywell International Inc., Perma Pipe Inc., Siemens AG, Huawei Technologies Co. Ltd., BAE Systems, Inc., and Pentair PLC.
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  • Orbcomm Inc.
  • Transcanada Company
  • PSI AG
  • Pure Technologies
  • Honeywell International Inc.
  • Siemens AG
  • Huawei Technologies Co. Ltd.
  • BAE Systems, Inc.
  • Pentair PLC.
Note: Product cover images may vary from those shown
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