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Intelligent Pigging Services Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 to 2031

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    Report

  • 119 Pages
  • May 2023
  • Region: Global
  • Acute Market Reports
  • ID: 5836041
Description Jump to:
Intelligent pigging services market is expected to grow at a CAGR of 5.5% by 2031. Intelligent pigging refers to the inspection of pipelines using digital technology to understand the condition of pipeline. A pig is the device that travels through pipeline to clean and inspect the pipeline. Globally, the pipeline network for oil & gas product is over 3 million Km long transporting oil & gas products worldwide. During oil & gas pipeline operations the most common problem are corrosion, sludge and wax deposition. To address such issues pipeline inspection and maintenance is done periodically to avoid any damage to pipeline.

Intelligent Pigging services market is projected to gain traction with increasing demand for oil & gas products. Oil & gas industry has witnessed major incidents of pipeline damage in the past resulted in major product loss and accidents. Therefore, keeping pipeline infrastructure healthy becomes necessity for the oil & gas companies. Moreover, regulatory policies across the globe regulating pipeline operations and oil spillage are also fueling the demand for intelligent pigging services. However, shrinking IT budget of the oil & gas companies due to slowdown in oil & gas industry is expected to restraint the growth of global intelligent pigging services market.

North America is expected to be the most dominant region in the global pigging service market over the forecast period. Increasing oil & gas production coupled with regulatory policies is anticipated to augment the growth of intelligent pigging services market in the region.

Intelligent pigging services market in Europe and MEA are projected to register significant growth by 2031 due to growing oil & gas pipeline network in the region. Apart from this, rising demand for oil & gas products is anticipated to fuel the growth of intelligent pigging services market in Asia Pacific region over the period.

The leading players identified across the value chain of intelligent pigging services market are focusing on research and development of innovative products to make the pigging operations more efficient.

Key Players Identified Across the Value Chain in the Intelligent Pigging Services Market include but are not limited to:

Baker Hughes Incorporated, T.D. Williamson, Inc, NDT Global, Enduro Pipeline Services Inc, General Electric., LIN SCAN, GE Oil and Gas (PII Pipeline Solutions), Baker Hughes Incorporated, OMV Group, Petrobras, Royal Dutch Shell PLC, and ConocoPhillips, among others.

Historical & Forecast Period

This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Intelligent Pigging Services market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Intelligent Pigging Services market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report.Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Technology

  • Magnetic Flux Leak detection
  • Ultrasonic testing

End Use

  • Oil Products
  • Gas Products

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Intelligent Pigging Services market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2031.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Intelligent Pigging Services market?
  • Which is the largest regional market for Intelligent Pigging Services market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Intelligent Pigging Services market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Intelligent Pigging Services market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
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. Market Snapshot: Global Intelligent Pigging Services Market
2.2. Global Intelligent Pigging Services Market, By Technology, 2022 (US$ Million)
2.3. Global Intelligent Pigging Services Market, By End Use, 2022 (US$ Million)
2.4. Global Intelligent Pigging Services Market, By Geography, 2022 (US$ Million)
2.5. Attractive Investment Proposition by Geography, 2022
3. Intelligent Pigging Services Market: Competitive Analysis
3.1. Market Positioning of Key Intelligent Pigging Services Market Vendors
3.2. Strategies Adopted by Intelligent Pigging Services Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2022 Versus 2031
4. Intelligent Pigging Services Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Intelligent Pigging Services Market Value, 2021 - 2031, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
5. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2022 Versus 2031
5.3. Market Segmentation
5.3.1. Magnetic Flux Leak detection
5.3.2. Ultrasonic testing
6. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2022 Versus 2031
6.3. Market Segmentation
6.3.1. Oil Products
6.3.2. Gas Products
7. North America Intelligent Pigging Services Market, 2021-2031, USD (Million)
7.1. Market Overview
7.2. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
7.3. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
7.4.Intelligent Pigging Services Market: By Region, 2021-2031, USD (Million)
7.4.1.North America
7.4.1.1. U.S.
7.4.1.1.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
7.4.1.1.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
7.4.1.2. Canada
7.4.1.2.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
7.4.1.2.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
7.4.1.3. Rest of North America
7.4.1.3.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
7.4.1.3.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
8. UK and European Union Intelligent Pigging Services Market, 2021-2031, USD (Million)
8.1. Market Overview
8.2. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
8.3. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
8.4.Intelligent Pigging Services Market: By Region, 2021-2031, USD (Million)
8.4.1.UK and European Union
8.4.1.1. UK
8.4.1.1.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
8.4.1.1.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
8.4.1.2. Germany
8.4.1.2.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
8.4.1.2.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
8.4.1.3. Spain
8.4.1.3.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
8.4.1.3.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
8.4.1.4. Italy
8.4.1.4.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
8.4.1.4.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
8.4.1.5. France
8.4.1.5.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
8.4.1.5.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
8.4.1.6. Rest of Europe
8.4.1.6.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
8.4.1.6.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
9. Asia Pacific Intelligent Pigging Services Market, 2021-2031, USD (Million)
9.1. Market Overview
9.2. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
9.3. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
9.4.Intelligent Pigging Services Market: By Region, 2021-2031, USD (Million)
9.4.1.Asia Pacific
9.4.1.1. China
9.4.1.1.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
9.4.1.1.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
9.4.1.2. Japan
9.4.1.2.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
9.4.1.2.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
9.4.1.3. India
9.4.1.3.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
9.4.1.3.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
9.4.1.4. Australia
9.4.1.4.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
9.4.1.4.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
9.4.1.5. South Korea
9.4.1.5.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
9.4.1.5.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
9.4.1.6. Rest of Asia Pacific
9.4.1.6.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
9.4.1.6.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
10. Latin America Intelligent Pigging Services Market, 2021-2031, USD (Million)
10.1. Market Overview
10.2. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
10.3. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
10.4.Intelligent Pigging Services Market: By Region, 2021-2031, USD (Million)
10.4.1.Latin America
10.4.1.1. Brazil
10.4.1.1.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
10.4.1.1.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
10.4.1.2. Mexico
10.4.1.2.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
10.4.1.2.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
10.4.1.3. Rest of Latin America
10.4.1.3.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
10.4.1.3.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
11. Middle East and Africa Intelligent Pigging Services Market, 2021-2031, USD (Million)
11.1. Market Overview
11.2. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
11.3. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
11.4.Intelligent Pigging Services Market: By Region, 2021-2031, USD (Million)
11.4.1.Middle East and Africa
11.4.1.1. GCC
11.4.1.1.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
11.4.1.1.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
11.4.1.2. Africa
11.4.1.2.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
11.4.1.2.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
11.4.1.3. Rest of Middle East and Africa
11.4.1.3.1. Intelligent Pigging Services Market: By Technology, 2021-2031, USD (Million)
11.4.1.3.2. Intelligent Pigging Services Market: By End Use, 2021-2031, USD (Million)
12. Company Profile
12.1. Baker Hughes Incorporated
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. T.D. Williamson, Inc
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. NDT Global
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. Enduro Pipeline Services Inc
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. General Electric.
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. LIN SCAN
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. GE Oil and Gas (PII Pipeline Solutions)
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. Baker Hughes Incorporated
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. OMV Group
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. Petrobras
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives
12.11. Royal Dutch Shell PLC
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Portfolio
12.11.4. Strategic Initiatives
12.12. ConocoPhillips
12.12.1. Company Overview
12.12.2. Financial Performance
12.12.3. Product Portfolio
12.12.4. Strategic Initiatives
12.13. Other Notable Players
12.13.1. Company Overview
12.13.2. Financial Performance
12.13.3. Product Portfolio
12.13.4. Strategic Initiatives
List of Figures
Figure 1 Global Intelligent Pigging Services Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Intelligent Pigging Services Market: Quality Assurance
Figure 5 Global Intelligent Pigging Services Market, By Technology, 2022
Figure 6 Global Intelligent Pigging Services Market, By End Use, 2022
Figure 7 Global Intelligent Pigging Services Market, By Geography, 2022
Figure 8 Market Geographical Opportunity Matrix - Global Intelligent Pigging Services Market, 2022
Figure 9 Market Positioning of Key Intelligent Pigging Services Market Players, 2022
Figure 10 Global Intelligent Pigging Services Market - Tier Analysis - Percentage of Revenues by Tier Level, 2022 Versus 2031
Figure 11 Global Intelligent Pigging Services Market, By Technology, 2022 Vs 2031, %
Figure 12 Global Intelligent Pigging Services Market, By End Use, 2022 Vs 2031, %
Figure 13 U.S. Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 14 Canada Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 15 Rest of North America Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 16 UK Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 17 Germany Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 18 Spain Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 19 Italy Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 20 France Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 21 Rest of Europe Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 22 China Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 23 Japan Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 24 India Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 25 Australia Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 26 South Korea Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 27 Rest of Asia Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 28 Brazil Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 29 Mexico Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 30 Rest of Latin America Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 31 GCC Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 32 Africa Intelligent Pigging Services Market (US$ Million), 2021 - 2031
Figure 33 Rest of Middle East and Africa Intelligent Pigging Services Market (US$ Million), 2021 - 2031
List of Tables
Table 1 Global Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 2 Global Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 3 North America Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 4 North America Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 5 U.S. Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 6 U.S. Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 7 Canada Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 8 Canada Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 9 Rest of North America Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 10 Rest of North America Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 11 UK and European Union Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 12 UK and European Union Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 13 UK Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 14 UK Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 15 Germany Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 16 Germany Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 17 Spain Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 18 Spain Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 19 Italy Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 20 Italy Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 21 France Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 22 France Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 23 Rest of Europe Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 24 Rest of Europe Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 25 Asia Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 26 Asia Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 27 China Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 28 China Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 29 Japan Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 30 Japan Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 31 India Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 32 India Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 33 Australia Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 34 Australia Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 35 South Korea Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 36 South Korea Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 37 Latin America Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 38 Latin America Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 39 Brazil Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 40 Brazil Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 41 Mexico Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 42 Mexico Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 43 Rest of Latin America Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 44 Rest of Latin America Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 45 Middle East and Africa Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 46 Middle East and Africa Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 47 GCC Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 48 GCC Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 49 Africa Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 50 Africa Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)
Table 51 Rest of Middle East and Africa Intelligent Pigging Services Market By Technology, 2021-2031, USD (Million)
Table 52 Rest of Middle East and Africa Intelligent Pigging Services Market By End Use, 2021-2031, USD (Million)

Companies Mentioned

  • Baker Hughes Incorporated
  • T.D. WilliamsonInc
  • NDT Global
  • Enduro Pipeline Services Inc
  • General Electric.
  • LIN SCAN
  • GE Oil and Gas (PII Pipeline Solutions)
  • Baker Hughes Incorporated
  • OMV Group
  • Petrobras
  • Royal Dutch Shell PLC
  • and ConocoPhillips

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