DUBLIN--(BUSINESS WIRE)--The "Intelligent Pigging Market by Technology (Magnetic Flux Leakage, Ultrasonic, Caliper), Application (Metal Loss/Corrosion Detection, Geometry Measurement & Bend Detection, Crack & Leak Detection), Pipeline Type (Gas, Liquid) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The Intelligent Pigging Market is Estimated to Grow from USD 570.8 Million in 2018 to USD 717.9 Million By 2023, at a CAGR Of 4.69% Between 2018 and 2023.
Government mandates and regulations for pipeline inspection and concern about the safety of pipelines and energy infrastructure drive the growth of the intelligent pigging market. Unpiggable pipelines rendering intelligent pigging cumbersome is restraining the market growth.
Caliper inspection pigs, also known as geometric pigs, are equipped with electromechanical arms that are used to measure the bore or the dent that are present in the pipeline. These geometric pigs provide orientation, location, and depth measurement of dents. They can be used in both hazardous liquid and natural gas pipelines. Owing to its smaller market base, the caliper technology is expected to be the fastest-growing technology in the intelligent pigging market.
Corrosion is one of the major causes of catastrophic failures of pipelines as it weakens the structure of the pipe; therefore, intelligent pigging is used for timely inspection of pipelines to quantify corrosion. Pipe corrosion can damage the quality of the substance that is carried, and it can result in stained fixtures and potential odors; hence, intelligent pigging will be in demand for the detection of pipeline corrosion.
Considering the growing energy demand and importance of reducing carbon emissions, APAC is expected to lay down new pipelines. This would lead to the creation of more new pipelines and develop pipeline infrastructure, which is expected to propel the growth of the intelligent pigging market in APAC.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Intelligent Pigging Market, By Technology
7 Intelligent Pigging Market, By Pipeline Type
8 Intelligent Pigging Market, By Application
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
- A.Hak Industrial Services
- Baker Hughes
- Cdria Pipeline Services
- Corrosion Control Engineering
- Dacon Inspection Services
- Enduro Pipeline Services
- Halfwave As
- Intertek Group
- Lin Scan
- NDT Global
- Onstream Pipeline Inspection
- Quest Integrity Group
- Rosen Group
- Rouge Pipeline & Process Services
- SGS SA
- T.D. Williamson
For more information about this report visit https://www.researchandmarkets.com/research/vbsp5q/717_9_million?w=4