Global Pipeline Safety Market to Reach $22.2 Billion by 2030
The global market for Pipeline Safety estimated at US$8.3 Billion in the year 2022, is projected to reach a revised size of US$22.2 Billion by 2030, growing at a CAGR of 13% over the analysis period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 12.3% CAGR and reach US$12.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 14% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 18.9% CAGR
The Pipeline Safety market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.6 Billion by the year 2030 trailing a CAGR of 18.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.6% and 11.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR.Select Competitors (Total 48 Featured) -
- ABB Group
- Accenture
- BAE Systems.
- Buckeye Partners LP
- Elbit Systems Ltd
- General Electric
- GPS - SECURITY
- Holly Energy Partners
- Honeywell International
- Huawei Technologies Co., Ltd.
- Nuka Research & Planning Group LLC
- Phillips 66 Pipeline LLC
- POLUS-ST
- RCP Inc.
- Schneider Electric
- Senstar Corporation
- Siemens
- Syrinix
- Thales Group
- TransCanada Pipelines Limited
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Group
- Accenture
- BAE Systems.
- Buckeye Partners LP
- Elbit Systems Ltd
- General Electric
- GPS - SECURITY
- Holly Energy Partners
- Honeywell International
- Huawei Technologies Co., Ltd.
- Nuka Research & Planning Group LLC
- Phillips 66 Pipeline LLC
- POLUS-ST
- RCP Inc.
- Schneider Electric
- Senstar Corporation
- Siemens
- Syrinix
- Thales Group
- TransCanada Pipelines Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 96 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 8.3 Billion |
Forecasted Market Value ( USD | $ 22.2 Billion |
Compound Annual Growth Rate | 13.1% |
Regions Covered | Global |