Global Pipeline Network Market, By Offering (Solution, Services), Application (Pipeline Monitoring, Pipeline Operation Optimization), Content (Gas Pipeline, Liquid Pipeline), End-User Industry (Crude and Refined Petroleum, Water and Wastewater, Others) – Industry Trends and Forecast to 2029.
Pipeline Network Market Analysis and Size
Pipeline networks is ideal for unidirectional goods flow, and inflationary influences have little impact on transportation costs. Pipeline networks has numerous advantages over conventional networks, including low operating costs, environmental friendliness, flexibility, and complete automation of loading and unloading operations.
Data Bridge Market Research analyses that the pipeline network market was valued at USD 17.60 billion in 2021 and is expected to reach the value of USD 32.58 billion by 2029, at a CAGR of 8.00% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Pipeline Network Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD billion, Volumes in Units, Pricing in USD
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Segments Covered
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Offering (Solution, Services), Application (Pipeline Monitoring, Pipeline Operation Optimization), Content (Gas Pipeline, Liquid Pipeline), End-User Industry (Crude and Refined Petroleum, Water and Wastewater, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Huawei Technologies Co., Ltd. (China), ABB (Switzerland), Siemens (Germany), Hitachi, Ltd. (Japan), Schneider Electric (France), PSI Software AG (Germany), General Electric (U.S.), Wipro (India), Emerson (U.S.), Cisco Systems (U.S.), Rockwell Automation (U.S.), Moxa (Taiwan), ORBCOMM (U.S.), OptaSense Ltd (U.K.), Xylem Inc. (Canada), Necon Group (Qatar), Sensornet (U.K.), Open Access Technology International, Inc. (U.S.), and KROHNE Group (Germany)
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Market Opportunities
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Market Definition
A pipeline network is a collection of essentials such as pumps, valves, pipes, tanks, heaters, compressors, and others that are linked in a specific way. These networks can be used to transport large amounts of water, natural gas, petroleum, crude oil, and other products. Such pipeline networks run underground, above ground, and underwater, and are always vulnerable to natural disasters or unforeseeable accidents. As a result, they require constant monitoring and maintenance because any leakage or fault can result in both human and financial loss.
Global Pipeline Network Market Dynamics
Drivers
- Growing need for secure and cost friendly network systems
One of the major factors driving the pipeline networks market is the increased demand for safe and cost-effective transportation systems for fuels and hazardous chemicals to manufacturing and consumer sites. The presence of large-scale facilities in the pipeline transportation sector and the need for maintenance and modifications based on site requirements are expected to provide ample opportunities for the growth of the pipeline networks market.
- Growing demand from various industries especially from the off-shore projects
Pipelines transport used by various end-users such as oil and gas industries, hospitality, food and beverage, pharmaceutical, and others are demanding for monitoring applications to detect leakage and for inspection, propelling the pipeline network market growth. The growing demand for off-shore projects worldwide necessitates using pipeline networks to secure their pipelines, fuelling the growth of the pipeline network market. Increased government regulation for pipeline safety and increased pipeline infrastructure upgrade are expected to drive market growth.
Opportunity
Adoption of the internet of things, as well as increasing security and digital transformation, will provide various opportunities for the growth of the pipeline network market during the forecast period.
Restraints
Political insecurity, as well as the increasing complexity of the pipeline system and changing regulations, are acting as market restraints for the pipeline network during the forecasted period.
This pipeline network market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the pipeline network market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Pipeline Network Market
The COVID-19 outbreak has had a negative impact on the majority of pipeline transport market development. The government's efforts to halt the spread of the virus resulted in a complete lockdown across the globe, resulting in the shutdown of various industries, which resulted in a decline in demand for petroleum and chemical raw materials used to manufacture finished products; and the lack of work force resulted in the bankruptcy of many manufacturing industries around the world. The COVID-19 pandemic has increased demand for pipeline transportation because it is directly connected to raw material sources such as oil fields, refineries, and other chemical plants. The government invested in transportation to overcome the transportation constraints caused by the pandemic outbreak.
Recent Development
- In May 2019, Honeywell UOP partnered with Venture Global LNG, where Honeywell UOP is assisting Venture Global LNG in the construction of a facility that provides the lowest-cost supply of Liquefied Natural Gas (LNG) using large-scale high-performance equipment.
- In March 2019, ABB introduced Wellhead Manager, a cloud-based visualisation system that allows remote workers to collaborate using mobile devices.
Global Pipeline Network Market Scope
The pipeline network market is segmented on the basis of offering, content, application and end user industry. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Offering
- Solution
- Operation management and control
- Surveillance and security
- Communication system
- Pipeline Gis software
- Services
- Consulting
- Integration and deployment
- Training
- Support
- Maintenance
Content
- Gas pipeline
- Liquid pipeline
Applications
- Pipeline Monitoring
- Pipeline Operation Optimization
End user industry
- Crude and Refined Petroleum
- Water and Wastewater
- Others
Pipeline Network Market Regional Analysis/Insights
The pipeline network market is analysed and market size insights and trends are provided by country, offering, content, application and end user industry as referenced above.
The countries covered in the pipeline network market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America will dominate the pipeline network market due to the increasing number of pipelines in the United States and Canada and the prevalence of key vendors in the region.
Asia-Pacific will grow during the forecast period of 2022-2029 due to infrastructure development and rising energy demand in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pipeline Network Market Share Analysis
The pipeline network market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to pipeline network market.
Some of the major players operating in the pipeline network market are:
- Huawei Technologies Co., Ltd. (China)
- ABB (Switzerland)
- Siemens (Germany)
- Hitachi, Ltd. (Japan)
- Schneider Electric (France)
- PSI Software AG (Germany)
- General Electric (U.S.)
- Wipro (India)
- Emerson (U.S.)
- Cisco Systems (U.S.)
- Rockwell Automation (U.S.)
- Moxa (Taiwan)
- ORBCOMM (U.S.)
- OptaSense Ltd (U.K.)
- Xylem Inc. (Canada)
- Necon Group (Qatar)
- Sensornet (U.K.)
- Open Access Technology International, Inc. (U.S.)
- KROHNE Group (Germany)
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