Friday, May 5, 2023

Global Intelligent Pipeline Pigging Market Size is Forecast to a Readjusted Size of USD 1459.9 million by 2029 with a CAGR of 6.2% During Review Period.

 According to our (Global Info Research) latest study, the global Intelligent Pipeline Pigging market size was valued at USD 956.9 million in 2022 and is forecast to a readjusted size of USD 1459.9 million by 2029 with a CAGR of 6.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

A pig is a device inserted into a pipeline which travels freely through it, driven by the product flow to do a specific task within the pipeline. These tasks fall into a number of different areas: (a) Utility pigs which perform a function such as cleaning, separating products in-line or dewatering the line; (b) Inline inspection pigs which are used to provide information on the condition of the pipeline and the extent and location of any problem (such as corrosion for example) and (c) special duty pigs such as plugs for isolating pipelines.

Pipeline pigging is a technique to inspect the pipeline ducts to ensure clean and complete operability of any pipeline in various sectors such as construction, industrial plants such as chemical, oil & gas, water treatment etc. 'PIGS' are the devices which are inserted into the pipeline and travel throughout to record the blockage, affected parts of the pipeline. There are mainly two types of Pigs such as 'utility pigs' which are used to clean and separating the batch and in-line inspection, second type of pigs are 'ILI Tools', which are also known as intelligent pigs and are used to collect information such as condition of the pipeline and intensity of the problem and location.

Smart Pigs or Intelligent Pipeline Pigging are large pieces of machinery pulled together with powerful technology that help with the maintenance of transmission pipelines. These pipeline pigging devices are major components to pipeline safety and accident prevention. These inspection tools provide data on the condition of pipelines which help gauge the health and integrity of the pipes. In a time where environmental protection is key and of global concern, smart pigs are the peacekeepers of the delicate relationship between pipelines and Mother Earth (and regulators). In addition, these smart pipeline pigs make sure that transmission of the product doesn't stop due to pipeline integrity issues, which can be disasterous to the bottom line.

Global Intelligent Pipeline Pigging key players include TDW, Rosen, PII (Baker Hughes), Pure Technologies (Xylem), etc. Global top four manufacturers hold a share over 50%.

North America is the largest market, with a share over 45%, followed by Europe and Asia-Pacific, both have a share over 35 percent.
In terms of product, MFL Type is the largest segment, with a share over 60%. And in terms of application, the largest application is Natural Gas, followed by Crude Oil, Refined Products, etc.

For more information (Including Full TOC, List of Tables & Figures, Chart), please click @ https://www.globalinforesearch.com/reports/990712/intelligent-pipeline-pigging

This report is a detailed and comprehensive analysis for global Intelligent Pipeline Pigging market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

This report profiles key players in the global Intelligent Pipeline Pigging market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TDW, Rosen, PII (Baker Hughes), Pure Technologies and CIRCOR Energy, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segment by Type
MFL Type
UT Type
Others

Market segment by Application
Crude Oil
Refined Products
Natural Gas
Others

Market segment by players, this report covers
TDW
Rosen
PII (Baker Hughes)
Pure Technologies
CIRCOR Energy
Romstar Group
Dacon Inspection Services
Enduro
NDT Global
Entegra
Intertek
LIN SCAN
PPL
3P Services
GeoCorr
Sinopec PSTC
Intero Integrity Services
Quest Integrity Group

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