Global Pipeline Network Market to Reach $13.4 Billion by 2030
The global market for Pipeline Network estimated at US$9.1 Billion in the year 2022, is projected to reach a revised size of US$13.4 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 4.6% CAGR and reach US$8.7 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 5.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 8.2% CAGR
The Pipeline Network market in the U.S. is estimated at US$2.5 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 8.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.7% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.Select Competitors (Total 36 Featured) -
- ABB
- Emerson
- General Electric
- Hitachi
- Honeywell
- Huawei
- PSI Software
- Schneider Electric
- Siemens
- Wipro
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
- Emerson
- General Electric
- Hitachi
- Honeywell
- Huawei
- PSI Software
- Schneider Electric
- Siemens
- Wipro
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 9.1 Billion |
Forecasted Market Value ( USD | $ 13.4 Billion |
Compound Annual Growth Rate | 5.0% |
Regions Covered | Global |