Global Intelligent Pigging Market Report and Forecast 2023-2028
April 17, 2023
Expert Market Research
120
PDF
Global Intelligent Pigging Market Report and Forecast 2023-2028
Abstract Global Intelligent Pigging Market Report and Forecast 2023-2028
Market Outlook According to the report by Expert Market Research (EMR), the global intelligent pigging market attained a value of USD 773.88 million in 2022. Aided by the increasing need for pipeline inspection and maintenance, the market is projected to further grow at a CAGR of 5.6% between 2023 and 2028 to reach a value of USD 1063.86 million by 2028. Intelligent pigging refers to the use of smart devices, also known as pigs, to inspect, maintain, and clean pipelines carrying oil, gas, and other hazardous fluids. These pigs are equipped with advanced sensors, cameras, and other diagnostic tools to detect potential anomalies, such as corrosion, cracks, and leaks, in the pipeline. The intelligent pigging process is essential for ensuring the safety, efficiency, and longevity of pipelines, which are critical components of energy and petrochemical infrastructure. The increasing need for pipeline inspection and maintenance is driving the growth of the intelligent pigging market. Pipeline infrastructure is constantly exposed to harsh environmental conditions, which can lead to corrosion, cracks, and leaks over time. Regular inspection and maintenance through intelligent pigging help prevent catastrophic failures and ensure the safe and efficient transportation of valuable fluids. Additionally, stringent government regulations and industry standards mandating regular pipeline inspection and maintenance are further fuelling the growth of the intelligent pigging market. The rising demand for energy and the expansion of pipeline infrastructure worldwide are also key factors propelling the growth of the intelligent pigging market. As the global population continues to grow and urbanise, the demand for energy, particularly from oil and gas, is increasing rapidly. This has led to the construction of new pipelines and the expansion of existing ones, creating a greater need for intelligent pigging services to ensure their safety and efficiency. Technological advancements in the intelligent pigging industry is another significant trend driving the intelligent pigging market growth. The development of advanced sensor technologies, such as magnetic flux leakage (MFL) and ultrasonic testing (UT), has enabled more accurate and efficient pipeline inspections. Moreover, the integration of data analytics and machine learning algorithms into intelligent pigging systems allows for the identification of potential issues before they become critical, enabling proactive maintenance and reducing the likelihood of pipeline failures. The increasing focus on the safety and environmental impact of pipeline operations is also positively impacting the intelligent pigging market. Pipeline leaks and failures can have severe consequences, including environmental damage, loss of valuable resources, and potential harm to human life. By using intelligent pigging services, operators can identify and address potential issues early, minimising the risk of accidents and reducing the environmental impact of pipeline operations.
Market Segmentation The market can be divided on the basis of technology, pipeline type, application, and region. Market Division by Technology: •Magnetic Flux Leakage Pigs •Ultrasonic Pigs •Caliper Pigs Market Bifurcation by Pipeline Type: •Liquid •Gas Market Breakup by Application: •Metal Loss/Corrosion Detection •Geometry Measurement and Bend Detection •Crack and Leak Detection Market Segmentation by Region: •North America •Europe •Asia Pacific •Latin America •Middle East and Africa Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the intelligent pigging companies. Some of the major key players explored in the report by Expert Market Research are as follows:
•T. D. Williamson, Inc. •ROSEN Swiss AG •Enduro Pipeline Services, Inc. •Intertek Group plc •Applus Services, S.A. •LIN SCAN •Dexon Technology PLC •Others
Content Table of Contents
1 Preface 2 Report Coverage – Key Segmentation and Scope 3 Report Description 3.1 Market Definition and Outlook 3.2 Properties and Applications 3.3 Market Analysis 3.4 Key Players 4 Key Assumptions 5 Executive Summary 5.1 Overview 5.2 Key Drivers 5.3 Key Developments 5.4 Competitive Structure 5.5 Key Industrial Trends 6 Snapshot 6.1 Global 6.2 Regional 7 Opportunities and Challenges in the Market 8 Global Intelligent Pigging Market Analysis 8.1 Key Industry Highlights 8.2 Global Intelligent Pigging Historical Market (2018-2022) 8.3 Global Intelligent Pigging Market Forecast (2023-2028) 8.4 Global Intelligent Pigging Market by Technology 8.4.1 Magnetic Flux Leakage Pigs 8.4.1.1 Market Share 8.4.1.2 Historical Trend (2018-2022) 8.4.1.3 Forecast Trend (2023-2028) 8.4.2 Ultrasonic Pigs 8.4.2.1 Market Share 8.4.2.2 Historical Trend (2018-2022) 8.4.2.3 Forecast Trend (2023-2028) 8.4.3 Caliper Pigs 8.4.3.1 Market Share 8.4.3.2 Historical Trend (2018-2022) 8.4.3.3 Forecast Trend (2023-2028) 8.5 Global Intelligent Pigging Market by Pipeline Type 8.5.1 Liquid 8.5.1.1 Market Share 8.5.1.2 Historical Trend (2018-2022) 8.5.1.3 Forecast Trend (2023-2028) 8.5.2 Gas 8.5.2.1 Market Share 8.5.2.2 Historical Trend (2018-2022) 8.5.2.3 Forecast Trend (2023-2028) 8.6 Global Intelligent Pigging Market by Application 8.6.1 Metal Loss/Corrosion Detection 8.6.1.1 Market Share 8.6.1.2 Historical Trend (2018-2022) 8.6.1.3 Forecast Trend (2023-2028) 8.6.2 Geometry Measurement and Bend Detection 8.6.2.1 Market Share 8.6.2.2 Historical Trend (2018-2022) 8.6.2.3 Forecast Trend (2023-2028) 8.6.3 Crack and Leak Detection 8.6.3.1 Market Share 8.6.3.2 Historical Trend (2018-2022) 8.6.3.3 Forecast Trend (2023-2028) 8.7 Global Intelligent Pigging Market by Region 8.7.1 North America 8.7.1.1 Market Share 8.7.1.2 Historical Trend (2018-2022) 8.7.1.3 Forecast Trend (2023-2028) 8.7.2 Europe 8.7.2.1 Market Share 8.7.2.2 Historical Trend (2018-2022) 8.7.2.3 Forecast Trend (2023-2028) 8.7.3 Asia Pacific 8.7.3.1 Market Share 8.7.3.2 Historical Trend (2018-2022) 8.7.3.3 Forecast Trend (2023-2028) 8.7.4 Latin America 8.7.4.1 Market Share 8.7.4.2 Historical Trend (2018-2022) 8.7.4.3 Forecast Trend (2023-2028) 8.7.5 Middle East and Africa 8.7.5.1 Market Share 8.7.5.2 Historical Trend (2018-2022) 8.7.5.3 Forecast Trend (2023-2028) 9 North America Intelligent Pigging Market Analysis 9.1 United States of America 9.1.1 Market Share 9.1.2 Historical Trend (2018-2022) 9.1.3 Forecast Trend (2023-2028) 9.2 Canada 9.2.1 Market Share 9.2.2 Historical Trend (2018-2022) 9.2.3 Forecast Trend (2023-2028) 10 Europe Intelligent Pigging Market Analysis 10.1 United Kingdom 10.1.1 Market Share 10.1.2 Historical Trend (2018-2022) 10.1.3 Forecast Trend (2023-2028) 10.2 Norvey 10.2.1 Market Share 10.2.2 Historical Trend (2018-2022) 10.2.3 Forecast Trend (2023-2028) 10.3 Russia 10.3.1 Market Share 10.3.2 Historical Trend (2018-2022) 10.3.3 Forecast Trend (2023-2028) 10.4 Italy 10.4.1 Market Share 10.4.2 Historical Trend (2018-2022) 10.4.3 Forecast Trend (2023-2028) 10.5 Others 11 Asia Pacific Intelligent Pigging Market Analysis 11.1 China 11.1.1 Market Share 11.1.2 Historical Trend (2018-2022) 11.1.3 Forecast Trend (2023-2028) 11.2 Japan 11.2.1 Market Share 11.2.2 Historical Trend (2018-2022) 11.2.3 Forecast Trend (2023-2028) 11.3 India 11.3.1 Market Share 11.3.2 Historical Trend (2018-2022) 11.3.3 Forecast Trend (2023-2028) 11.4 ASEAN 11.4.1 Market Share 11.4.2 Historical Trend (2018-2022) 11.4.3 Forecast Trend (2023-2028) 11.5 Australia 11.5.1 Market Share 11.5.2 Historical Trend (2018-2022) 11.5.3 Forecast Trend (2023-2028) 11.6 Others 12 Latin America Intelligent Pigging Market Analysis 12.1 Brazil 12.1.1 Market Share 12.1.2 Historical Trend (2018-2022) 12.1.3 Forecast Trend (2023-2028) 12.2 Argentina 12.2.1 Market Share 12.2.2 Historical Trend (2018-2022) 12.2.3 Forecast Trend (2023-2028) 12.3 Mexico 12.3.1 Market Share 12.3.2 Historical Trend (2018-2022) 12.3.3 Forecast Trend (2023-2028) 12.4 Others 13 Middle East and Africa Intelligent Pigging Market Analysis 13.1 Saudi Arabia 13.1.1 Market Share 13.1.2 Historical Trend (2018-2022) 13.1.3 Forecast Trend (2023-2028) 13.2 United Arab Emirates 13.2.1 Market Share 13.2.2 Historical Trend (2018-2022) 13.2.3 Forecast Trend (2023-2028) 13.3 Iran 13.3.1 Market Share 13.3.2 Historical Trend (2018-2022) 13.3.3 Forecast Trend (2023-2028) 13.4 Algeria 13.4.1 Market Share 13.4.2 Historical Trend (2018-2022) 13.4.3 Forecast Trend (2023-2028) 13.5 Others 14 Market Dynamics 14.1 SWOT Analysis 14.1.1 Strengths 14.1.2 Weaknesses 14.1.3 Opportunities 14.1.4 Threats 14.2 Porter’s Five Forces Analysis 14.2.1 Supplier’s Power 14.2.2 Buyer’s Power 14.2.3 Threat of New Entrants 14.2.4 Degree of Rivalry 14.2.5 Threat of Substitutes 14.3 Key Indicators for Demand 14.4 Key Indicators for Price 15 Competitive Landscape 15.1 Market Structure 15.2 Company Profiles 15.2.1 T. D. Williamson, Inc. 15.2.1.1 Company Overview 15.2.1.2 Product Portfolio 15.2.1.3 Demographic Reach and Achievements 15.2.1.4 Certifications 15.2.2 ROSEN Swiss AG 15.2.2.1 Company Overview 15.2.2.2 Product Portfolio 15.2.2.3 Demographic Reach and Achievements 15.2.2.4 Certifications 15.2.3 Enduro Pipeline Services, Inc. 15.2.3.1 Company Overview 15.2.3.2 Product Portfolio 15.2.3.3 Demographic Reach and Achievements 15.2.3.4 Certifications 15.2.4 Intertek Group plc 15.2.4.1 Company Overview 15.2.4.2 Product Portfolio 15.2.4.3 Demographic Reach and Achievements 15.2.4.4 Certifications 15.2.5 Applus Services, S.A. 15.2.5.1 Company Overview 15.2.5.2 Product Portfolio 15.2.5.3 Demographic Reach and Achievements 15.2.5.4 Certifications 15.2.6 LIN SCAN 15.2.6.1 Company Overview 15.2.6.2 Product Portfolio 15.2.6.3 Demographic Reach and Achievements 15.2.6.4 Certifications 15.2.7 Dexon Technology PLC 15.2.7.1 Company Overview 15.2.7.2 Product Portfolio 15.2.7.3 Demographic Reach and Achievements 15.2.7.4 Certifications 15.2.8 Others 17 Key Trends and Developments in the Market
Global Intelligent Pigging Market Report and Forecast 2023-2028
Market Outlook According to the report by Expert Market Research (EMR), the global intelligent pigging market attained a value of USD 773.88 million in 2022. Aided by the increasing need for pipeline inspection and maintenance, the market is projected to further grow at a CAGR of 5.6% between 2023 and 2028 to reach a value of USD 1063.86 million by 2028. Intelligent pigging refers to the use of smart devices, also known as pigs, to inspect, maintain, and clean pipelines carrying oil, gas, and other hazardous fluids. These pigs are equipped with advanced sensors, cameras, and other diagnostic tools to detect potential anomalies, such as corrosion, cracks, and leaks, in the pipeline. The intelligent pigging process is essential for ensuring the safety, efficiency, and longevity of pipelines, which are critical components of energy and petrochemical infrastructure. The increasing need for pipeline inspection and maintenance is driving the growth of the intelligent pigging market. Pipeline infrastructure is constantly exposed to harsh environmental conditions, which can lead to corrosion, cracks, and leaks over time. Regular inspection and maintenance through intelligent pigging help prevent catastrophic failures and ensure the safe and efficient transportation of valuable fluids. Additionally, stringent government regulations and industry standards mandating regular pipeline inspection and maintenance are further fuelling the growth of the intelligent pigging market. The rising demand for energy and the expansion of pipeline infrastructure worldwide are also key factors propelling the growth of the intelligent pigging market. As the global population continues to grow and urbanise, the demand for energy, particularly from oil and gas, is increasing rapidly. This has led to the construction of new pipelines and the expansion of existing ones, creating a greater need for intelligent pigging services to ensure their safety and efficiency. Technological advancements in the intelligent pigging industry is another significant trend driving the intelligent pigging market growth. The development of advanced sensor technologies, such as magnetic flux leakage (MFL) and ultrasonic testing (UT), has enabled more accurate and efficient pipeline inspections. Moreover, the integration of data analytics and machine learning algorithms into intelligent pigging systems allows for the identification of potential issues before they become critical, enabling proactive maintenance and reducing the likelihood of pipeline failures. The increasing focus on the safety and environmental impact of pipeline operations is also positively impacting the intelligent pigging market. Pipeline leaks and failures can have severe consequences, including environmental damage, loss of valuable resources, and potential harm to human life. By using intelligent pigging services, operators can identify and address potential issues early, minimising the risk of accidents and reducing the environmental impact of pipeline operations.
Market Segmentation The market can be divided on the basis of technology, pipeline type, application, and region. Market Division by Technology: •Magnetic Flux Leakage Pigs •Ultrasonic Pigs •Caliper Pigs Market Bifurcation by Pipeline Type: •Liquid •Gas Market Breakup by Application: •Metal Loss/Corrosion Detection •Geometry Measurement and Bend Detection •Crack and Leak Detection Market Segmentation by Region: •North America •Europe •Asia Pacific •Latin America •Middle East and Africa Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the intelligent pigging companies. Some of the major key players explored in the report by Expert Market Research are as follows:
•T. D. Williamson, Inc. •ROSEN Swiss AG •Enduro Pipeline Services, Inc. •Intertek Group plc •Applus Services, S.A. •LIN SCAN •Dexon Technology PLC •Others
Table of Contents
1 Preface 2 Report Coverage – Key Segmentation and Scope 3 Report Description 3.1 Market Definition and Outlook 3.2 Properties and Applications 3.3 Market Analysis 3.4 Key Players 4 Key Assumptions 5 Executive Summary 5.1 Overview 5.2 Key Drivers 5.3 Key Developments 5.4 Competitive Structure 5.5 Key Industrial Trends 6 Snapshot 6.1 Global 6.2 Regional 7 Opportunities and Challenges in the Market 8 Global Intelligent Pigging Market Analysis 8.1 Key Industry Highlights 8.2 Global Intelligent Pigging Historical Market (2018-2022) 8.3 Global Intelligent Pigging Market Forecast (2023-2028) 8.4 Global Intelligent Pigging Market by Technology 8.4.1 Magnetic Flux Leakage Pigs 8.4.1.1 Market Share 8.4.1.2 Historical Trend (2018-2022) 8.4.1.3 Forecast Trend (2023-2028) 8.4.2 Ultrasonic Pigs 8.4.2.1 Market Share 8.4.2.2 Historical Trend (2018-2022) 8.4.2.3 Forecast Trend (2023-2028) 8.4.3 Caliper Pigs 8.4.3.1 Market Share 8.4.3.2 Historical Trend (2018-2022) 8.4.3.3 Forecast Trend (2023-2028) 8.5 Global Intelligent Pigging Market by Pipeline Type 8.5.1 Liquid 8.5.1.1 Market Share 8.5.1.2 Historical Trend (2018-2022) 8.5.1.3 Forecast Trend (2023-2028) 8.5.2 Gas 8.5.2.1 Market Share 8.5.2.2 Historical Trend (2018-2022) 8.5.2.3 Forecast Trend (2023-2028) 8.6 Global Intelligent Pigging Market by Application 8.6.1 Metal Loss/Corrosion Detection 8.6.1.1 Market Share 8.6.1.2 Historical Trend (2018-2022) 8.6.1.3 Forecast Trend (2023-2028) 8.6.2 Geometry Measurement and Bend Detection 8.6.2.1 Market Share 8.6.2.2 Historical Trend (2018-2022) 8.6.2.3 Forecast Trend (2023-2028) 8.6.3 Crack and Leak Detection 8.6.3.1 Market Share 8.6.3.2 Historical Trend (2018-2022) 8.6.3.3 Forecast Trend (2023-2028) 8.7 Global Intelligent Pigging Market by Region 8.7.1 North America 8.7.1.1 Market Share 8.7.1.2 Historical Trend (2018-2022) 8.7.1.3 Forecast Trend (2023-2028) 8.7.2 Europe 8.7.2.1 Market Share 8.7.2.2 Historical Trend (2018-2022) 8.7.2.3 Forecast Trend (2023-2028) 8.7.3 Asia Pacific 8.7.3.1 Market Share 8.7.3.2 Historical Trend (2018-2022) 8.7.3.3 Forecast Trend (2023-2028) 8.7.4 Latin America 8.7.4.1 Market Share 8.7.4.2 Historical Trend (2018-2022) 8.7.4.3 Forecast Trend (2023-2028) 8.7.5 Middle East and Africa 8.7.5.1 Market Share 8.7.5.2 Historical Trend (2018-2022) 8.7.5.3 Forecast Trend (2023-2028) 9 North America Intelligent Pigging Market Analysis 9.1 United States of America 9.1.1 Market Share 9.1.2 Historical Trend (2018-2022) 9.1.3 Forecast Trend (2023-2028) 9.2 Canada 9.2.1 Market Share 9.2.2 Historical Trend (2018-2022) 9.2.3 Forecast Trend (2023-2028) 10 Europe Intelligent Pigging Market Analysis 10.1 United Kingdom 10.1.1 Market Share 10.1.2 Historical Trend (2018-2022) 10.1.3 Forecast Trend (2023-2028) 10.2 Norvey 10.2.1 Market Share 10.2.2 Historical Trend (2018-2022) 10.2.3 Forecast Trend (2023-2028) 10.3 Russia 10.3.1 Market Share 10.3.2 Historical Trend (2018-2022) 10.3.3 Forecast Trend (2023-2028) 10.4 Italy 10.4.1 Market Share 10.4.2 Historical Trend (2018-2022) 10.4.3 Forecast Trend (2023-2028) 10.5 Others 11 Asia Pacific Intelligent Pigging Market Analysis 11.1 China 11.1.1 Market Share 11.1.2 Historical Trend (2018-2022) 11.1.3 Forecast Trend (2023-2028) 11.2 Japan 11.2.1 Market Share 11.2.2 Historical Trend (2018-2022) 11.2.3 Forecast Trend (2023-2028) 11.3 India 11.3.1 Market Share 11.3.2 Historical Trend (2018-2022) 11.3.3 Forecast Trend (2023-2028) 11.4 ASEAN 11.4.1 Market Share 11.4.2 Historical Trend (2018-2022) 11.4.3 Forecast Trend (2023-2028) 11.5 Australia 11.5.1 Market Share 11.5.2 Historical Trend (2018-2022) 11.5.3 Forecast Trend (2023-2028) 11.6 Others 12 Latin America Intelligent Pigging Market Analysis 12.1 Brazil 12.1.1 Market Share 12.1.2 Historical Trend (2018-2022) 12.1.3 Forecast Trend (2023-2028) 12.2 Argentina 12.2.1 Market Share 12.2.2 Historical Trend (2018-2022) 12.2.3 Forecast Trend (2023-2028) 12.3 Mexico 12.3.1 Market Share 12.3.2 Historical Trend (2018-2022) 12.3.3 Forecast Trend (2023-2028) 12.4 Others 13 Middle East and Africa Intelligent Pigging Market Analysis 13.1 Saudi Arabia 13.1.1 Market Share 13.1.2 Historical Trend (2018-2022) 13.1.3 Forecast Trend (2023-2028) 13.2 United Arab Emirates 13.2.1 Market Share 13.2.2 Historical Trend (2018-2022) 13.2.3 Forecast Trend (2023-2028) 13.3 Iran 13.3.1 Market Share 13.3.2 Historical Trend (2018-2022) 13.3.3 Forecast Trend (2023-2028) 13.4 Algeria 13.4.1 Market Share 13.4.2 Historical Trend (2018-2022) 13.4.3 Forecast Trend (2023-2028) 13.5 Others 14 Market Dynamics 14.1 SWOT Analysis 14.1.1 Strengths 14.1.2 Weaknesses 14.1.3 Opportunities 14.1.4 Threats 14.2 Porter’s Five Forces Analysis 14.2.1 Supplier’s Power 14.2.2 Buyer’s Power 14.2.3 Threat of New Entrants 14.2.4 Degree of Rivalry 14.2.5 Threat of Substitutes 14.3 Key Indicators for Demand 14.4 Key Indicators for Price 15 Competitive Landscape 15.1 Market Structure 15.2 Company Profiles 15.2.1 T. D. Williamson, Inc. 15.2.1.1 Company Overview 15.2.1.2 Product Portfolio 15.2.1.3 Demographic Reach and Achievements 15.2.1.4 Certifications 15.2.2 ROSEN Swiss AG 15.2.2.1 Company Overview 15.2.2.2 Product Portfolio 15.2.2.3 Demographic Reach and Achievements 15.2.2.4 Certifications 15.2.3 Enduro Pipeline Services, Inc. 15.2.3.1 Company Overview 15.2.3.2 Product Portfolio 15.2.3.3 Demographic Reach and Achievements 15.2.3.4 Certifications 15.2.4 Intertek Group plc 15.2.4.1 Company Overview 15.2.4.2 Product Portfolio 15.2.4.3 Demographic Reach and Achievements 15.2.4.4 Certifications 15.2.5 Applus Services, S.A. 15.2.5.1 Company Overview 15.2.5.2 Product Portfolio 15.2.5.3 Demographic Reach and Achievements 15.2.5.4 Certifications 15.2.6 LIN SCAN 15.2.6.1 Company Overview 15.2.6.2 Product Portfolio 15.2.6.3 Demographic Reach and Achievements 15.2.6.4 Certifications 15.2.7 Dexon Technology PLC 15.2.7.1 Company Overview 15.2.7.2 Product Portfolio 15.2.7.3 Demographic Reach and Achievements 15.2.7.4 Certifications 15.2.8 Others 17 Key Trends and Developments in the Market