Global Pipeline Transportation Market, By Type (Oil and Gas, Coal, Water and Others), Pipeline Type (Gathering Pipeline, Transmission Pipeline, Distribution Pipeline and Feeder Pipeline), Solution (Security Solution, Automation and Control Solution, Integrity and Tracking Solution and Network Communication Solution), Services (Consulting Services, Management Services, Maintenance and Support Services), End User (Transportation, Refiners and Manufacturers, Agriculture, Heating Resources and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Surge in the adoption of advanced technologies such as artificial intelligence and internet of things, growing need of various energy resources and rising levels of infrastructural development from the various developing regions of the world are the major factors attributable to the growth of the pipeline transportation market. Data Bridge Market Research analyses that the pipeline transportation market will exhibit a CAGR of 9.80% for the forecast period of 2021-2028. Therefore, the pipeline transportation market value would stand tall by USD 89.21 billion by 2028.
From, the name itself, it is clear that pipeline transportation is a component of infrastructure that is used for the safe, efficient, and economical movement of the energy resources. However, the efficiency of pipeline transportation depends upon certain technological solutions such as automation, security, networking, control, and tracking. Pipeline transportation enhances the functioning by improving the connectivity.
Rising focus on the technological advancements to obtain a cost-efficient and environmental friendly method of transportation will emerge as the major market growth driving factor. Surge in the demand for oil and gas, growing infrastructural development especially in the developing economies and surge in the offshore activities, such as deep water production and development will further aggravate the growth of the market.
However, lack of skilled workforce and technological expertise in underdeveloped and developing economies will act as a growth restraint for the market. Global shift towards renewable sources of energy will yet again hamper the market growth rate. Also, delays in supply owing to multiple lockdown restrictions and presence of various regulations regarding the development of pipeline infrastructure will also hamper the market growth rate.
This pipeline transportation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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, geographical expansions, technological innovations in the market. To gain more info on pipeline transportation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Pipeline Transportation Market Scope and Market Size
The pipeline transportation market is segmented on the basis of type, pipeline type, solution, services and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the pipeline transportation market is segmented into oil and gas, coal, water and others. Oil and gas segment is sub-segmented into crude oil, natural gas, refined petroleum products and others. Others segment is sub-segmented into chemical and others.
- On the basis of pipeline type, the pipeline transportation market is segmented into gathering pipeline, transmission pipeline, distribution pipeline and feeder pipeline.
- On the basis of solution, the pipeline transportation market is segmented into security solution, automation and control solution, integrity and tracking solution and network communication solution.
- On the basis of services, the pipeline transportation market is segmented into consulting services, management services, maintenance and support services.
- On the basis of end user, the pipeline transportation segment is sub-segmented into transportation, refiners and manufacturers, agriculture, heating resources and others. Transportation segment is sub-segmented into gasoline, diesel, jet fuel and others. Refiners and manufacturers segment is sub-segmented into crude oil, raw natural gas liquids and others. Agriculture segment is sub-segmented into anhydrous ammonia, propane and others. Heating Resources segment is sub-segmented into home heating oil, natural gas and others.
Pipeline Transportation Market Country Level Analysis
The pipeline transportation market is analysed and market size, volume information is provided by country, type, pipeline type, solution, services and end user as referenced above.
The countries covered in the pipeline transportation 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, Israel, Egypt, South Africa, 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.
Asia-Pacific dominates the pipeline transportation market and will continue to flourish its trend of dominance during the forecast period owing to the rising focus on technological advancements. Asia-Pacific will continue to undergo substantial gains during this period. This is because of the growing import and export of natural gas.
The country section of the pipeline transportation market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Transportation Market Share Analysis
The pipeline transportation 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 transportation market.
The major players covered in the pipeline transportation report are ABB, TechnipFMC plc, Emerson Electric Co., Schneider Electric, Rockwell Automation, Inc., Tenaris., TMK, Mott MacDonald, NIPPON STEEL CORPORATION., ChelPipe, Trimble Inc., John Wood Group PLC, Environmental Systems Research Institute, Inc., Alstom, Siemens, ALE International, ALE USA Inc., Oracle, Yokogawa Electric Corporation, Huawei Technologies Co., Ltd., Honeywell International Inc. and ORBCOMM among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.