Pipelines are flow lines that carry fluids which may be in a liquid or gaseous state. At times, they are laid in harsh and hazardous conditions and areas; hence, fostering a need for accurate pipeline monitoring systems to detect leakages, damages and other pipeline failures, which may lead to serious ecological and economic consequences. For example, a small water pipeline bursting or leaking is a small scale problem and will not affect the environment and ground water reservoir largely. However, if a crude oil or natural gas or chemical pipeline gets damaged and leaks, it may lead to severe ecological consequences. Pipeline monitoring systems include flow meters, pressure sensors, temperature sensors, and control valves that are installed on pipelines.
In 2017, the North American market accounted for the largest share of total market of pipeline monitoring systems, in terms of value, followed by Europe. However, the Asia-Pacific region is projected to grow at the fastest rate than Europe in the pipeline monitoring systems market from 2018 to 2023. Markets in developing countries such as China, India, Japan, Australia, and countries in the Middle East are projected to grow at a higher rate from 2018 to 2023. This is because of the high population in these country, along with new pipelines under construction, which will increase the demand for pipeline monitoring systems.
The global Pipeline Monitoring Systems market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Pipeline Monitoring Systems volume and value at global level, regional level and company level. From a global perspective, this report represents overall Pipeline Monitoring Systems market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Pipeline Monitoring Systems in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Pipeline Monitoring Systems manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Transcanada Company
PSI
Pure Technologies
Honeywell
Perma Pipe
Siemens
BAE Systems
Pentair
Atmos International
Clampon As
ABB
Future Fibre Technologies
Senstar
Syrinix
Radiobarrier
TTK
Krohne Group
Thales Group
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
By Pipe Type
Metallic
Non-metallic
By Technology
PIGs
Smart ball
Ultrasonic
Magnetic flux leakage technology
Others
Segment by Application
Crude & refined petroleum
Water & wastewater
Others
Summary:
Get latest Market Research Reports on Pipeline Monitoring Systems. Industry analysis & Market Report on Pipeline Monitoring Systems is a syndicated market report, published as Global Pipeline Monitoring Systems Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Pipeline Monitoring Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.