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Pipeline Integrity Management Market Report Presents an Overall Analysis, Development Trends, Driving Forces, Opportunities & Future Potential 2024

Pipeline Integrity Management Market is the process of conveying a good quality service to customers. focuses on identifying hidden needs or requirements of customers. Report defines the scope of the Pipeline Integrity Management market, identifying potential of the Pipeline Integrity Management markets and determining optimal pricing for the market, it encouraging potential customers to purchase, and finding the best distribution methods for delivering to customers.

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Market Overview:

  • The market for pipeline integrity management is expected to grow at a CAGR of 2.93% during the forecast period of 2019 – 2024. Major factors driving the market studied are the rising exploration and production (E&P) development of unconventional oil and gas sources leading to the pipeline expansion, the bid to maintain output from ageing pipeline systems, and the need to cater to the rising energy demand by increasing the oil and gas pipeline infrastructure. The increasing preference towards marine vessel over subsea pipelines, for the oil and gas trade between countries separated by sea, has negatively impacted the demand for pipeline integrity management market.
  • – The onshore segment accounts for the largest share in the market studied. More than 80% of the pipelines are located onshore. The United States has sanctioned around 26 major onshore gas pipeline projects in 2017 and 2018. The country has a mandate of pipeline maintenance every year. These large number of projects are expected to contribute to the demand for pipeline integrity management services during the forecast period.
  • – The repair and refurbishment services segment accounted for around two-thirds of the market studied, mainly due to the fact that a sizable amount of pipeline integrity services spending goes into the corrosion prevention and corrosion repair services, which are the major parts of the repair and refurbishment segment.
  • – North America accounts for the largest market, led by the United States, mainly due to the shale boom, which has resulted in a huge demand for the expansion of the pipeline network and its capacity.<

    Key Market Trends:

    Increasing Natural Gas Pipeline Infrastructure

    – By 2030, owing to factors, such as environmental benefits and quest for energy security in regions, such as Asia-Pacific, the consumption of natural gas is expected to witness the fastest growth rates among all fuel types. The lower cost, in comparison to other fossil fuels, is also expected to supplement the demand for natural gas during the forecast period.
    – The natural gas pipeline network is expected to grow in parallel to the increase in natural gas demand, which, in turn, is expected to positively impact the global pipeline integrity management market in the coming years.
    – Due to the advantages offered, such as reduction of transport volume by a factor of 600, liquefied natural gas or LNG is witnessing a continuously increasing share in the natural gas volumes traded, worldwide.
    – Qatar continues to be one of the largest LNG exporters, a position it has been holding for over a decade.
    – The LNG trade is expected to witness a significant increase globally, resulting in increased demand for natural gas pipeline network as well, which, in turn, is an upcoming opportunity for the pipeline integrity management market.

    North America Region to Dominate the Market

    – North America region dominated the global market share in 2018. In a bid to maintain production from the ageing pipelines and decommissioning of the old pipelines in the United States have driven the demand for pipeline integrity management in the region. The United States has one of the largest networks of pipelines in the world. Approximately one third of the total pipeline market in the country is used to transport crude oil, delivering millions of gallons of oil equivalent/day to various refineries and export terminals.
    – As of 2017, there are more than 210 natural gas pipeline systems, with a vast network of natural gas pipeline, which is used to transport natural gas across the country and to other countries.
    – Moreover, with the production of shale gas increasing rapidly, the need to transport higher amount of dry gas has initiated various expansion and new pipeline projects.
    – In the United States, investment in the pipeline sector has gained momentum after the shale gas boom, which has further increased the need for sophisticated pipeline networks, calling for efficient operation and maintenance. However, corrosion of pipelines remains a significant challenge for pipeline operators.

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    Major Key Players are as Follows

  • Infosys Ltd
  • Baker Hughes, a GE Co.
  • Bureau Veritas SA
  • TUV Rheinland
  • T. D. Williamson Inc.
  • Emerson Electric Co.
  • SGS SA
  • EnerMech Ltd
  • MATCOR Inc.
  • TWI Ltd

    Scope of the Report:

  • This report studies the global Pipeline Integrity Management market size, industry status and forecast, competition landscape and growth opportunity.

    Geographical Regions:

    – United States – Canada – China – – Malaysia – Australia – United Kingdom – Norway – Russia – Saudi Arabia – United Arab Emirates – Nigeria – Brazil – Argentina.

    Topics such as sales and sales revenue overview, production market share by product type, capacity and production overview, import, export, and consumption are covered under the development trend section of the Pipeline Integrity Management market report.

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    Reasons to Purchase Pipeline Integrity Management Market Report Covered:

    • The report examines how Pipeline Integrity Management market will develop in the future.
    • Studying various views of the Pipeline Integrity Management market with the help of Porter’s five forces analysis.
    • Analyzing the product type that is probable to control the market and regions that are likely to witness the fastest development during the forecast period
    • Identify the new developments, Pipeline Integrity Management market shares and strategies employed by the key market players.
    • Competitive landscape including the market share of major players along with the key strategies accepted for growth in the past five years
    • Complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major Pipeline Integrity Management market players

    Detailed TOC of Pipeline Integrity Management Market – Growth, Trends, and Forecast (2019 – 2024)

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 INTRODUCTION
    4.2 Market Size and Demand Forecast in USD billion, till 2024
    4.3 Installed Pipeline Historic Capacity and Forecast in kilometer, till 2023
    4.4 Inter-regional Pipeline Import Capacity in bscm, till 2023
    4.5 Inter-regional Pipeline Export Capacity in bscm, till 2023
    4.6 Crude Oil Production and Consumption Forecast, till 2023
    4.7 Natural Gas Production and Consumption Forecast, till 2023
    4.8 Investment in Pipelines, LNG Liquefaction, and LNG Receiving Terminals in USD billion, 2016-2023
    4.9 Recent Trends and Developments
    4.10 Government Policies and Regulations
    4.11 Drivers
    4.12 Restraints
    4.13 Supply Chain Analysis
    4.14 Porters 5 Force Analysis
    4.14.1 Bargaining Power of Suppliers
    4.14.2 Bargaining Power of Consumers
    4.14.3 Threat of New Entrants
    4.14.4 Threat of Substitute Products and Services
    4.14.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Location of Deployment
    5.1.1 Onshore
    5.1.2 Offshore
    5.2 Service Type
    5.2.1 Inspection Services
    5.2.2 Cleaning Services
    5.2.3 Repair and Refurbishment Services
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.1.3 Rest of North America
    5.3.2 Asia-Pacific
    5.3.2.1 China
    5.3.2.2
    5.3.2.3 Malaysia
    5.3.2.4 Australia
    5.3.2.5 Rest of Asia-Pacific
    5.3.3
    5.3.3.1 United Kingdom
    5.3.3.2 Norway
    5.3.3.3 Russia
    5.3.3.4 Rest of
    5.3.4 Middle East & Africa
    5.3.4.1 Saudi Arabia
    5.3.4.2 United Arab Emirates
    5.3.4.3 Nigeria
    5.3.4.4 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Strategies Adopted by the Key Players
    6.3 Company Profiles
    6.3.1 Infosys Ltd
    6.3.2 Baker Hughes, a GE Co.
    6.3.3 Bureau Veritas SA
    6.3.4 TUV Rheinland
    6.3.5 T. D. Williamson Inc.
    6.3.6 Emerson Electric Co.
    6.3.7 SGS SA
    6.3.8 EnerMech Ltd
    6.3.9 MATCOR Inc.
    6.3.10 TWI Ltd

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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    Contact Info:

    Name: Ajay More

    Email: [email protected] 

    Organization: Absolute Reports

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