Real-Time Pipeline Monitoring Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The real-time pipeline monitoring market size has grown strongly in recent years. It will grow from $9.44 billion in 2024 to $10.17 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to adherence to guidelines for pipeline safety, increased demand for real-time pipeline monitoring, need for advanced monitoring systems, and demand to identify cost reduction measures.

The real-time pipeline monitoring market size is expected to see strong growth in the next few years. It will grow to $13.49 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to stringent government regulations, the adoption of real-time monitoring solutions, growing environmental awareness, need to mitigate the environmental impact of pipeline incidents, and increasing demand for real-time monitoring technologies. Major trends in the forecast period include advancement of technologies such as IoT, big data analytics, and artificial intelligence (AI), product innovation, development of sophisticated real-time pipeline monitoring solutions, technological advancements, technology for improved accuracy and efficiency.

The projected expansion of pipeline networks worldwide is set to drive the growth of the real-time pipeline monitoring market in the foreseeable future. Pipeline networks are intricate systems of interconnected pipes designed to transport fluids, gases, or other substances from one location to another efficiently. These networks are highly sought-after for their ability to facilitate the cost-effective and reliable distribution of fluids and gases over extensive distances, catering to various industries' needs. Real-time pipeline monitoring is crucial for ensuring the safe and efficient operation of pipeline networks by continuously monitoring key parameters like pressure, flow rates, and temperature. This continuous monitoring helps in detecting and addressing potential issues such as leaks, blockages, or anomalies promptly, thus minimizing downtime and preventing accidents. For example, as of December 2023, the Global Energy Monitor reported a global investment of $193.9 billion in the construction of 69,700 kilometers of gas transmission pipelines, marking an 18% increase from the previous year. The majority of this construction activity, totaling $117.2 billion and comprising 82% of the total, is concentrated in Asia, particularly in China and India. Additionally, plans are underway for the construction of an additional 228,700 kilometers of pipelines, amounting to $723 billion. Therefore, the global expansion of pipeline networks is a driving force behind the growth of the real-time pipeline monitoring market.

Major companies in the real-time pipeline monitoring market are focusing on creating advanced solutions, such as cameras with high frame rates of 150 frames per second. A camera with such a high frame rate is crucial for real-time pipeline monitoring, as it enables the precise and rapid capture of events, which is vital for detecting fast-moving issues or flow changes and ensuring quick responses. For example, in February 2024, Process Vision Ltd, a UK-based manufacturer of industrial process control equipment, launched the LineVu camera. This camera offers real-time, high-resolution color imaging with high frame rates and features automatic alarms for contamination detection, operating 24/7. It is capable of withstanding thermal conditions between 30°C (86°F) and 55°C (131°F). With enhanced visual clarity, it allows for accurate detection of contamination in gas pipelines. The camera can be easily mounted to the pipeline using a flanged (3” #900 RTJ) connection, with options for threaded (1” NPT) or other flange connections via adaptors.

In September 2023, Preventio GmbH merged with PipePredict GmbH, a move aimed at combining sensorless technology with digital twin solutions to establish a new benchmark in pipeline monitoring. The merger between Preventio and PipePredict is expected to bring significant advantages to real estate and insurance companies, city and water utilities, as well as industrial companies and parks. PipePredict GmbH specializes in live pipeline leak detection technology, offering advanced predictive maintenance solutions for pipeline systems.

Major companies operating in the real-time pipeline monitoring market report are Huawei Technologies Co. Ltd.; Hitachi Ltd.; Siemens AG; General Electric Company; Cisco Systems Inc.; Mitsubishi Electric Corporation; Schneider Electric SE; Honeywell International Inc.; Enbridge Inc.; ABB Ltd.; Toshiba Corporation; Emerson Electric Co.; TC Energy Corporation; Wabtec Corporation; Rockwell Automation Inc.; Xylem; Atmos Energy Corporation; Yokogawa Electric Corporation; QinetiQ Group plc; Kamstrup AS; ORBCOMM Inc.; Perma-Pipe International Holdings Inc.; Syrinix Ltd.

North America was the largest region in the real-time pipeline monitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the real-time pipeline monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the real-time pipeline monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The real-time pipeline monitoring market consists of revenues earned by entities by subscription-based services, consulting, custom development, and integration services. The market value includes the value of related goods sold by the service provider or included within the service offering. The real-time pipeline monitoring market also includes sales of sensors, data acquisition devices, and communication equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Real-time pipeline monitoring refers to an extensive array of technologies, processes, and tools devised to continually monitor different facets of a pipeline network or infrastructure in real-time. It analyzes data from diverse sources to offer immediate insights into the condition, performance, and integrity of industrial pipelines, enabling prompt detection and response to any anomalies or incidents.

The primary technologies employed in real-time pipeline monitoring encompass pipeline inspection gauges (PIGs), smart balls, acoustic sensors, fiber optic technology, mass volume meters, light detection and ranging (LIDAR), vapor sensors, among others. Pipeline Inspection Gauges (PIGs) are specialized devices utilized for inspecting and maintaining pipelines, ensuring integrity, cleanliness, and safety. These devices cater to various types of pipes including metallic, non-metallic, and others, serving multiple purposes such as leak detection, operational condition assessment, and pipeline break detection. Real-time pipeline monitoring finds application across various industries including oil and gas, water and wastewater management, among others.

The real-time pipeline monitoring research report is one of a series of new reports that provides real-time pipeline monitoring market statistics, including the real-time pipeline monitoring industry's global market size, regional shares, competitors with a real-time pipeline monitoring market share, detailed real-time pipeline monitoring market segments, market trends and opportunities, and any further data you may need to thrive in the real-time pipeline monitoring industry. This real-time pipeline monitoring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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