MarkWide Research

Sale!

Pipeline Monitoring System Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: December, 2022
No of Pages: 164
Delivery Format: PDF+ Excel

$2,950.00

Pipeline Monitoring System Market
1. Pipeline Monitoring System Market Overview
A pipeline is an extensive network of connected pipes used to transport fluids or gases over long distances. Monitoring and maintaining the integrity of these pipelines is critical to ensuring the safety of the public and the environment.

Pipeline monitoring systems are used to track and monitor the condition of pipelines, as well as the flow of fluids or gases through them. These systems can be used to detect leaks, corrosion, and other problems with the pipeline.

There are a variety of pipeline monitoring systems on the market, each with its own strengths and weaknesses. Here, we’ll take a look at some of the most popular pipeline monitoring systems on the market today.

Pipeline Monitoring System Market Overview

Pipeline monitoring systems are used to track and monitor the condition of pipelines, as well as the flow of fluids or gases through them. These systems can be used to detect leaks, corrosion, and other problems with the pipeline.

There are a variety of pipeline monitoring systems on the market, each with its own strengths and weaknesses. Here, we’ll take a look at some of the most popular pipeline monitoring systems on the market today.

Acoustic Pipeline Monitoring Systems

Acoustic pipeline monitoring systems use microphones to listen for leaks in pipelines. These systems are very sensitive and can detect even the smallest leaks. However, they can also be triggered by other noise sources, such as traffic or construction.

Corrosion Monitoring Systems

Corrosion monitoring systems use sensors to detect corrosion in pipelines. These systems can be used to track the rate of corrosion and predict when repairs will be needed.

Infrared Pipeline Monitoring Systems

Infrared pipeline monitoring systems use sensors to detect heat leaks in pipelines. These systems are very sensitive and can detect even the smallest leaks. However, they can also be triggered by other heat sources, such as the sun or a nearby fire.

Ultrasonic Pipeline Monitoring Systems

Ultrasonic pipeline monitoring systems use sensors to detect vibrations in pipelines. These systems can be used to detect leaks, as well as to monitor the flow of fluids or gases through the pipeline.

X-ray Pipeline Monitoring Systems

X-ray pipeline monitoring systems use sensors

2. Pipeline Monitoring System Market Dynamics
Pipeline Monitoring System Market Dynamics

The global pipeline monitoring system market is expected to grow at a CAGR of around 7.5% during the forecast period from 2019 to 2026. The major driving factors for the market growth are the increasing demand for energy, growing industrialization, and rapid urbanization.

However, the high cost of pipeline monitoring systems and the lack of awareness about the benefits of these systems are some of the key factors restraining the market growth.

The global pipeline monitoring system market is segmented on the basis of type, component, application, and geography.

On the basis of type, the market is segmented into hardware, software, and services. The hardware segment is further sub-segmented into pressure sensors, flow meters, temperature sensors, and others. The software segment is further sub-segmented into data analysis software, network management software, and security software.

On the basis of component, the market is segmented into controllers, sensors, and others. On the basis of application, the market is segmented into oil & gas, water & wastewater, and others.

Geographically, the global pipeline monitoring system market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

North America is expected to hold the largest share of the market during the forecast period owing to the presence of major players in the region and the increasing demand for energy.

Europe is expected to be the second-largest market for pipeline monitoring systems owing to the growing industrialization and urbanization in the region.

The Asia-Pacific region is expected to witness the fastest growth during the forecast period due to the increasing demand for energy in the region.

Some of the major players in the global pipeline monitoring system market are ABB Ltd., Siemens AG, Emerson Electric Co., Honeywell International Inc., Schneider Electric SE, Rockwell Automation Inc., General Electric Co., and Yokogawa Electric Corporation.

3. Pipeline Monitoring System Market Segmentation
The global pipeline monitoring system market has been segmented on the basis of component, technology, application, and geography.

Pipeline Monitoring System Market by Component

The pipeline monitoring system market has been segmented into hardware, software, and services. The hardware segment accounted for the largest market share in 2017 and is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the need for sensors and other monitoring devices for effective pipeline monitoring.

Pipeline Monitoring System Market by Technology

The pipeline monitoring system market has been segmented into supervisory control and data acquisition (SCADA), distributed control system (DCS), and others. The SCADA segment accounted for the largest market share in 2017 and is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the widespread adoption of SCADA systems for pipeline monitoring.

Pipeline Monitoring System Market by Application

The pipeline monitoring system market has been segmented into onshore and offshore. The onshore segment accounted for the largest market share in 2017 and is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing number of onshore pipeline projects.

Pipeline Monitoring System Market by Geography

The global pipeline monitoring system market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America accounted for the largest market share in 2017 and is expected to grow at the highest CAGR during the forecast period. The growth of this region can be attributed to the increasing number of pipeline projects in the region.

4. Pipeline Monitoring System Market Regional Outlook
Pipeline monitoring systems are used to track and monitor the flow of liquids and gases through pipelines. These systems are used to monitor the pipeline for leaks, blockages, or other problems that could cause the pipeline to fail. Pipeline monitoring systems can also be used to monitor the pipeline for corrosion or other damage that could cause the pipeline to fail.

Pipeline monitoring systems are used in a variety of industries, including oil and gas, water, and wastewater. Pipeline monitoring systems are also used in the food and beverage industry, as well as in the pharmaceutical and chemical industries.

Pipeline monitoring systems are available in a variety of different configurations, including stand-alone systems, integrated systems, and networked systems. Stand-alone pipeline monitoring systems are typically used for small pipelines, while integrated and networked systems are used for larger pipelines.

Pipeline monitoring systems can be used to monitor pipelines for a variety of different parameters, including pressure, flow, temperature, and level. Pipeline monitoring systems can also be used to monitor other parameters, such as corrosion or damage.

Pipeline monitoring systems can be used to monitor pipelines for a variety of different purposes, including safety, security, and efficiency. Pipeline monitoring systems can also be used to monitor pipelines for environmental or regulatory compliance.

Pipeline monitoring systems are available from a variety of different manufacturers, including ABB, Honeywell, Siemens, and Yokogawa.

5. Pipeline Monitoring System Market Competitive Landscape
The global pipeline monitoring system market is highly competitive with the presence of a large number of small and large players. Key players in the market are focusing on developing innovative products and solutions to gain a competitive edge in the market. Players are also investing in mergers and acquisitions to expand their geographical reach and product portfolio. Some of the key players operating in the global pipeline monitoring system market are Hexagon, Schlumberger, Honeywell International Inc., Rockwell Automation, Inc., Yokogawa Electric Corporation, Siemens AG, and ABB Ltd.

6. Company Profiles
The global pipeline monitoring system market is expected to register a CAGR of over 6% during the forecast period of 2020-2025. The major factor driving the growth of the market is the increasing demand for oil & gas and the need for remote pipeline monitoring.

Some of the key players in the pipeline monitoring system market are ABB Ltd. (Switzerland), Siemens AG (Germany), Honeywell International Inc. (US), General Electric Company (US), Schneider Electric SE (France), Rockwell Automation, Inc. (US), Yokogawa Electric Corporation (Japan), Emerson Electric Co. (US), and Azimuth Corporation (US).

ABB Ltd. (Switzerland)

ABB Ltd. is one of the leading providers of pipeline monitoring system and has a strong foothold in the European market. The company offers a wide range of products for pipeline monitoring such as flow meters, pressure sensors, and leak detection systems. It has a wide customer base across various industries such as oil & gas, water & wastewater, and chemicals. The company has a strong presence in over 100 countries and has a wide sales & distribution network.

Siemens AG (Germany)

Siemens AG is one of the leading providers of pipeline monitoring system and has a strong foothold in the European and North American market. The company offers a wide range of products for pipeline monitoring such as flow meters, pressure sensors, and leak detection systems. It has a wide customer base across various industries such as oil & gas, water & wastewater, and chemicals. The company has a strong presence in over 190 countries and has a wide sales & distribution network.

Honeywell International Inc. (US)

Honeywell International Inc. is one of the leading providers of pipeline monitoring system and has a strong foothold in the North American market. The company offers a wide range of products for pipeline monitoring such as flow meters, pressure sensors, and leak detection systems. It has a wide customer base across various industries such as oil & gas, water & wastewater, and chemicals. The company has a strong presence in over 150 countries and has a wide sales & distribution network.

General Electric Company (

7. Pipeline Monitoring System Market Future Outlook
The future of the pipeline monitoring system market looks promising with the increasing demand for these systems from various end-use industries. The pipeline monitoring system market is expected to grow at a CAGR of around 7% during the forecast period of 2020-2025.

The demand for pipeline monitoring systems is increasing due to the growing need for efficient and cost-effective methods to monitor pipelines. These systems are used for various applications such as detecting leaks, measuring flow rates, and monitoring pipeline integrity. The pipeline monitoring system market is expected to be driven by the increasing demand from the oil and gas industry.

The increasing demand for pipeline monitoring systems is also driven by the need for effective leak detection methods. These systems help in detecting leaks at an early stage, which helps in avoiding costly repairs. The pipeline monitoring system market is expected to be further driven by the increasing investment in the oil and gas industry.

The pipeline monitoring system market is expected to be restrained by the high cost of these systems. The pipeline monitoring system market is expected to be further restrained by the lack of awareness about these systems among small and medium enterprises.

The key players in the pipeline monitoring system market are ABB Ltd. (Switzerland), Siemens AG (Germany), Honeywell International Inc. (US), Schneider Electric SE (France), and Yokogawa Electric Corporation (Japan).

Key Players Covered:

Some of the globally acclaimed companies for pipeline monitoring system are PSI Group, OptaSense, Honeywell, Siemens, Huawei Enterprise, ORBCOMM, Pure Technologies, Future Fibre Technologies, Pentair, Atmos International, BAE Systems, Inc., Senstar, KROHNE Group, Sensornet, AP Sensing, Bandweaver, SolAres, and i2i.

Segmentation

 

 ATTRIBUTE

 

 DETAILS
 

By Pipe Type

 

 

    • Metallic Pipe
    • Non-Metallic Pipe
    • Others
 

By Technology

 

 

    • Ultrasonic
    • Pig (Pipeline Inspection Gauge)
    • Small Ball
    • Magnetic Flux Leakage
    • Fiber Optic
    • Others
 

By Application

 

 

    • Leak Detection
    • Break Detection
    • Others
 

By End-User

 

 

    • Oil & Gas
    • Water & Wastewater
    • Others
 

By Geography

 

 

    • North America (The USA and Canada)
    • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
    • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
    • Latin America (Brazil, Mexico and Rest of Latin America)
    • Middle East and Africa (South Africa, GCC and Rest of Middle East and Africa)

 

 

 

By Pipe Type

 

 

    • Metallic Pipe
    • Non-Metallic Pipe
    • Others
 

By Technology

 

 

    • Ultrasonic
    • Pig (Pipeline Inspection Gauge)
    • Small Ball
    • Magnetic Flux Leakage
    • Fiber Optic
    • Others
 

By Application

 

 

    • Leak Detection
    • Break Detection
    • Others
 

By End-User

 

 

    • Oil & Gas
    • Water & Wastewater
    • Others

PSI Group, OptaSense, Honeywell, Siemens, Huawei Enterprise, ORBCOMM, Pure Technologies, Future Fibre Technologies, Pentair, Atmos International, BAE Systems, Inc., Senstar, KROHNE Group, Sensornet, AP Sensing, Bandweaver, SolAres, and i2i.

Why Choose MWR

Quality Research

Our goal is to provide high-quality data that stimulates growth and creates a win-win situations

Unlimited User Access 

We offer Corporate User license access on all our reports in which you can share the report with your entire team without any restrictions

Free Company Inclusion 

We give you an option to include 3-4 additional company players of your choice in our report without any extra charges

Post Sale Assistance

Unlimited post sales service with an account manager dedicated to making sure that all your needs are met

Covid-19 Impact Analysis

All our research report includes latest Covid-19 Impact and its analysis

Download Free Sample PDF

444 Alaska Avenue

Suite #BAA205 Torrance, CA 90503 USA

+1 424 360 2221

24/7 Customer Support

Download Free Sample PDF