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Pipeline Monitoring Systems Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 to 2028

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    Report

  • 108 Pages
  • December 2020
  • Region: Global
  • Acute Market Reports
  • ID: 5261780

FEATURED COMPANIES

  • ABB Ltd
  • Future Fiber Technologies
  • General Electric Company
  • Radiobarrier
  • Schneider Electric SE
  • Senstar Inc.
Rising Occurrences of Mishaps in the Oil & Gas Industry to Spur Demand for Pipeline Monitoring Systems Worldwide

The global pipeline monitoring systems market is poised to reach US$ 9.69 Bn by 2028, expanding at a CAGR of 6.5% during the forecast period from 2020 to 2028. Expanding pipeline network for transportation of petroleum products is identified as the major factor driving demand for pipeline monitoring systems worldwide. In addition, stringent regulatory policies that mandate safe handling of petroleum products during transportation is further stimulating demand for monitoring solutions. Accidental mishaps like explosion in gas pipeline in Minnesota have convinced oil-producing companies to adopt automated solutions for end-to-end monitoring of pipeline infrastructure and pipeline operations. On the other hand, limited funds for upgrading aging pipeline infrastructure and high installation cost of these systems are the major challenges faced by the global pipeline monitoring systems market.

Regulated Demand from the Oil & Gas Industry to Drive Growth Prospects

Oil & gas represents the largest end-use segment in the global pipeline monitoring systems market. It is expected to register fastest growth during the forecast period, witnessing a growth of 7.2% CAGR during the forecast period from 2020 to 2028. The growth in this segment will be driven by the perpetually growing demand for natural gas and increasing production of shale gas worldwide. The global natural gas pipeline network is about 2.8 million kilometers today. With several forthcoming gas pipeline projects, the pipeline network is expected to expand across the globe in the coming years. The capacity expansion of pipeline projects will fuel demand for pipeline monitoring solutions. Increasing transportation of finished products such as LPG, gasoline, high-speed diesel and aviation turbine fuel offers strong growth prospects for monitoring solutions in this segment over the forecast period.

North America to Dominate; Asia Pacific to Witness Strong Growth

In terms of value contribution, North America was the largest pipeline monitoring systems market worldwide in 2019. The pipeline network of over 2.3 million km transports over 70% of the North America natural gas, crude oil & other petroleum products. With several upcoming pipeline projects, the network is estimated to expand. Pipeline network expansion coupled with perpetual growth in oil & gas production is expected to spur demand for pipeline monitoring solutions in the region. In addition, stringent regulations that mandate use of monitoring solutions for applications including leak detection, ground movement monitoring, and external interference monitoring bodes well for the market growth in the region. For instance, in Oct 2015, the U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration passed a regulation that mandates use of monitoring solutions for pipelines carrying hazardous products. The pipeline monitoring systems market in North America will also be benefitted from the replacement of obsolete systems with state-of-the-art equivalents. On the other hand, Asia Pacific and MEA are slated to register stronger growth during the forecast period due to growing environmental concerns and pipeline network expansion in these regions. For instance, the upcoming deal between India and Iran for undersea gas pipeline deal worth US$ 4.5 Bn will stimulate demand for new pipeline monitoring solution installations.

Small Ball Technology slated to Yield Favorable Gains

Ultrasonic is the most preferred technology used for pipeline monitoring. Thus, the value contribution of the ultrasonic technology segment was the highest in the global pipeline monitoring systems market in 2019. The dominance of the ultrasonic technology is largely credited to its widespread usage in the oil & gas industry, especially for leakage detection applications. On the other hand, smart ball technology is poised to experience swift rise in adoption on back of superior features offered such as easy deployment (easy distribution of balls through pipelines) and long inspection ability in a single use. In addition, the technology is also gaining prominence among oil & gas producers for detecting leakages.

Key Players & Competitive Landscape:

Some of the leading manufacturers profiled in the study include ABB Ltd, Future Fiber Technologies, General Electric Company, Honeywell International Inc., Huawei Technologies Co. Ltd., Radiobarrier, Schneider Electric SE, Siemens AG, Senstar, Inc., Syrinix, and Thales Group.

Historical & Forecast Period:
  • 2018 - Historical Year
  • 2019 - Base Year

2020 - 2028 - Forecast Period:

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2018 to 2028, considering 2019 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment is calculated for the forecast period from 2020 to 2028.

Report Scope by Segments:

The report provides all round view of the global pipeline monitoring systems market based on end-use application and geography. Key segments covered in the report are as follows:

End-use Vertical Segment (2018-2028; US$ Bn)
  • Oil & Gas
  • Water & Wastewater (Utilities)
  • Others (Food & Beverage, etc.)

Technology Segment (2018-2028; US$ Bn)
  • Perimeter Intrusion Detection
  • Ultrasonic
  • Pig Tracking
  • Smart Ball
  • Magnetic Flux Leakage
  • Others

Geography Segment (2018-2028; US$ Bn)
  • North America
  • United States
  • Rest of North America
  • Europe
  • United Kingdom
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific (APAC)
  • China
  • Japan
  • India
  • Rest of Asia Pacific
  • Rest of the World (RoW)
  • Middle East & Africa (MEA)
  • Latin America

Key questions answered in this report:
  • What was the global market size for pipeline monitoring systems in 2018 & 2019?
  • What is estimated forecast up to 2028?
  • Which is the largest regional market for pipeline monitoring systems?
  • Which end-use vertical has the largest penetration of pipeline monitoring systems?
  • Which is the most preferred technology used for pipeline monitoring?
  • What are the predominant trends shaping the global pipeline monitoring systems market?
  • Which is the most promising, attractive, and less-explored end-use segment in the global pipeline monitoring systems market?
  • Who are the leading vendors in the global pipeline monitoring systems market?
  • What are the key strategies adopted by the leading manufacturers in the global pipeline monitoring systems market?

FEATURED COMPANIES

  • ABB Ltd
  • Future Fiber Technologies
  • General Electric Company
  • Radiobarrier
  • Schneider Electric SE
  • Senstar Inc.

1. Preface
1.1. Report Description
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase III-Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Global Pipeline Monitoring Systems Market Snapshot
2.1.1. Global Pipeline Monitoring Systems Market by Technology & Systems, 20
2.1.2. Global Pipeline Monitoring Systems Market by Vertical, 20
2.1.3. Global Pipeline Monitoring Systems Market by Geography, 20
3. Global Pipeline Monitoring Systems Market Dynamics
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Impact Analysis of Drivers and Challenges
3.5. Competitive Landscape
3.5.1. Market Positioning of Leading Pipeline Monitoring System Manufacturers, 20
3.5.2. Strategies Adopted by Leading Pipeline Monitoring System Manufacturers
4. Global Pipeline Monitoring Systems Market Size (US$ Bn), By Technology & Systems, 2018 - 20
4.1. Overview
4.1.1. Pipeline Monitoring Systems Market Analysis by Technology, 2019 & 20
4.2. Perimeter Intrusion Detection
4.3. Ultrasonic
4.4. Pig Tracking
4.5. Smart Ball
4.6. Magnetic Flux Leakage
4.7. Others
5. Global Pipeline Monitoring Systems Market Size (US$ Bn), By Vertical, 2018 - 20
5.1. Overview
5.1.1. Pipeline Monitoring Systems Market Analysis by End-use, 2019 & 20
5.2. Oil & Gas
5.3. Water & Wastewater (Utilities)
5.4. Others (Food & Beverage, etc.)
6. North America Pipeline Monitoring Systems Market Analysis, 2018 - 20
6.1. Overview
6.2. North America Pipeline Monitoring Systems Market Size (US$ Bn), By Technology, 2018 - 20
6.2.1. Perimeter Intrusion Detection
6.2.2. Ultrasonic
6.2.3. Pig Tracking
6.2.4. Smart Ball
6.2.5. Magnetic Flux Leakage
6.2.6. Others
6.3. North America Pipeline Monitoring Systems Market Size (US$ Bn), By Vertical, 2018 - 20
6.3.1. Oil & Gas
6.3.2. Water & Wastewater (Utilities)
6.3.3. Others (Food & Beverage, etc.)
6.4. North America Pipeline Monitoring Systems Market Size (US$ Bn), By Country, 2018 - 20
6.4.1. U.S.
6.4.2. Rest of North America
7. Europe Pipeline Monitoring Systems Market Analysis, 2018 - 20
7.1. Overview
7.2. Europe Pipeline Monitoring Systems Market Size (US$ Bn), By Technology, 2018 - 20
7.2.1. Perimeter Intrusion Detection
7.2.2. Ultrasonic
7.2.3. Pig Tracking
7.2.4. Smart Ball
7.2.5. Magnetic Flux Leakage
7.2.6. Others
7.3. Europe Pipeline Monitoring Systems Market Size (US$ Bn), By Vertical, 2018 - 20
7.3.1. Oil & Gas
7.3.2. Water & Wastewater (Utilities)
7.3.3. Others (Food & Beverage, etc.)
7.4. Europe Pipeline Monitoring Systems Market Size (US$ Bn), By Region, 2018 - 20
7.4.1. U.K.
7.4.2. Germany
7.4.3. France
7.4.4. Rest of Europe
8. Asia Pacific Pipeline Monitoring Systems Market Analysis , 2018 - 20
8.1. Overview
8.2. Asia Pacific Pipeline Monitoring Systems Market Size (US$ Bn), By Technology, 2018 - 20
8.2.1. Perimeter Intrusion Detection
8.2.2. Ultrasonic
8.2.3. Pig Tracking
8.2.4. Smart Ball
8.2.5. Magnetic Flux Leakage
8.2.6. Others
8.3. Asia Pacific Pipeline Monitoring Systems Market Size (US$ Bn), By Vertical, 2018 - 20
8.3.1. Oil & Gas
8.3.2. Water & Wastewater (Utilities)
8.3.3. Others (Food & Beverage, etc.)
8.4. Asia Pacific Pipeline Monitoring Systems Market Size (US$ Bn), By Country, 2018 - 20
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Rest of Asia Pacific
9. Rest of the World Pipeline Monitoring Systems Market Analysis , 2018 - 20
9.1. Overview
9.2. Rest of the World Pipeline Monitoring Systems Market Size (US$ Bn), By Technology, 2018 - 20
9.2.1.1. Perimeter Intrusion Detection
9.2.1.2. Ultrasonic
9.2.1.3. Pig Tracking
9.2.1.4. Smart Ball
9.2.1.5. Magnetic Flux Leakage
9.2.1.6. Others
9.3. Rest of the World Pipeline Monitoring Systems Market Size (US$ Bn), By Vertical, 2018 - 20
9.3.1.1. Oil & Gas
9.3.1.2. Water & Wastewater (Utilities)
9.3.1.3. Others (Food & Beverage, etc.)
9.4. Rest of the World Pipeline Monitoring Systems Market Size (US$ Bn), By Country, 2018 - 20
9.4.1.1. Latin America
9.4.1.2. Middle-East & Africa
10. Company Profiles
10.1. Competitive Dashboard
10.1.1. ABB Group
10.1.2. BAE Systems
10.1.3. Future Fiber Technologies
10.1.4. General Electric
10.1.5. Honeywell International Inc.
10.1.6. Huawei Technologies Co. Ltd
10.1.7. Radiobarrier
10.1.8. Schneider Electric Se
10.1.9. Siemens AG
10.1.10. Senstar, Inc.
10.1.11. Syrinix
10.1.12. Thales Group
List of Figures
Figure 1 Global Pipeline Monitoring Systems: Market Segmentation
Figure 2 Global Pipeline Monitoring Systems Market: Research Methodology
Figure 3 Top-Down and Bottom Up Approach
Figure 4 Global Pipeline Monitoring Systems Market, By Technology, 2019 (US$ Bn)
Figure 5 Global Pipeline Monitoring Systems Market, By Vertical, 2019 (US$ Bn)
Figure 6 Global Pipeline Monitoring Systems Market, By Geography, 2019 (US$ Bn)
Figure 7 Global Pipeline Monitoring Systems Market Value and Growth, 2018 - 2028, (US$ Bn and % Y-o-Y)
Figure 8 See-Saw Analysis : Global Pipeline Monitoring Systems Market
Figure 9 Market Positioning of Leading Pipeline Monitoring System Manufacturers, 2019
Figure 10 Global Pipeline Monitoring Systems Market Value Contribution, By Technology, 2019 & 2028 (Value %)
Figure 11 Global Pipeline Monitoring Systems Market Value and Growth for Perimeter Intrusion Detection, 2018 - 2028, (US$ Bn)
Figure 12 Global Pipeline Monitoring Systems Market Value and Growth for Ultrasonic Technology, 2018 - 2028, (US$ Bn)
Figure 13 Global Pipeline Monitoring Systems Market Value and Growth for Pig Tracking Technology, 2018 - 2028, (US$ Bn)
Figure 14 Global Pipeline Monitoring Systems Market Value and Growth for Smart Ball Technology, 2018 - 2028, (US$ Bn)
Figure 15 Global Pipeline Monitoring Systems Market Value and Growth for Magnetic Flux Leakage Technology, 2018 - 2028, (US$ Bn)
Figure 16 Global Pipeline Monitoring Systems Market Value and Growth for Other Technologies, 2018 - 2028, (US$ Bn)
Figure 17 Global Pipeline Monitoring Systems Market Value Contribution, By Vertical, 2019 & 2028 (US$ Bn)
Figure 18 Global Pipeline Monitoring Systems Market Value and Growth for Oil & Gas Vertical, 2018 - 2028, (US$ Bn)
Figure 19 Global Pipeline Monitoring Systems Market Value and Growth for Water & wastewater (Utilities) Vertical, 2018 - 2028, (US$ Bn)
Figure 20 Global Pipeline Monitoring Systems Market Value and Growth for Other Verticals, 2018 - 2028, (US$ Bn)
Figure 21 North America Pipeline Monitoring Systems Market Value and Growth, 2018 - 2028, (US$ Bn) (Y-o-Y %)
Figure 22 Europe Pipeline Monitoring Systems Market Value and Growth, 2018 - 2028, (US$ Bn) (Y-o-Y %)
Figure 23 Asia Pacific Pipeline Monitoring Systems Market Value and Growth, 2018 - 2028, (US$ Bn) (Y-o-Y %)
Figure 24 RoW Pipeline Monitoring Systems Market Value and Growth, 2018 - 2028, (US$ Bn) (Y-o-Y %)
List of Tables
Table 1 Market Snapshot: Global Pipeline Monitoring Systems Market
Table 2 Impact Indicators
Table 3 Impact Analysis of Drivers and Restraints
Table 4 North America Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 5 North America Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 6 North America Pipeline Monitoring Systems Market Value, By Country, 2018 - 2028 (US$ Bn)
Table 7 U.S. Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 8 U.S. Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 9 Rest of North America Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 10 Rest of North America Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 11 Europe Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 12 Europe Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 13 Europe Pipeline Monitoring Systems Market Value, By Country, 2018 - 2028 (US$ Bn)
Table 14 U.K. Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 15 U.K. Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 16 France Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 17 France Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 18 Germany Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 19 Germany Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 20 Rest of Europe Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 21 Rest of Europe Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 22 Asia Pacific Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 23 Asia Pacific Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 24 Asia Pacific Pipeline Monitoring Systems Market Value, By Country, 2018 - 2028 (US$ Bn)
Table 25 China Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 26 China Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 27 Japan Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 28 Japan Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 29 India Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 30 India Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 31 Rest of Asia Pacific Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 32 Rest of Asia Pacifc Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 33 Rest of World Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 34 Rest of World Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 35 Rest of World Pipeline Monitoring Systems Market Value, By Region, 2018 - 2028 (US$ Bn)
Table 36 Latin America Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 37 Latin America Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
Table 38 Middle-East and Africa Pipeline Monitoring Systems Market Value, By Technology, 2018 - 2028 (US$ Bn)
Table 39 Middle-East and Africa Pipeline Monitoring Systems Market Value, By Vertical, 2018 - 2028 (US$ Bn)
  • ABB Ltd
  • Future Fiber Technologies
  • General Electric Company
  • Honeywell International Inc.
  • Huawei Technologies Co. Ltd.
  • Radiobarrier
  • Schneider Electric SE
  • Siemens AG
  • Senstar Inc.
  • Syrinix
  • Thales Group.