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Major growth drivers for the market include the rising demand for oil and gas from developing countries, growing demand for commercial off-the-shelf technology, rising big data and analytics trends, and need for maintaining Quality of Experience and Quality of Service of the overall pipeline transportation. Read More:u00a0https://cutt.ly/yHp2hJS
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Downloaded from: justpaste.it/758lm Pipeline Network Market To Reflect Impressive Growth Rate Worth USD 12.3 Billion By 2024: MarketsandMarkets™ Pipeline Network Market According to a research report "Pipeline Network Market by Offering (Solution and Services), Application (Pipeline Monitoring and Pipeline Operation Optimization), Content, End-User Industry (Crude & Refined Petroleum, Water & Wastewater), and Region - Global Forecast to 2024", published by MarketsandMarkets, the pipeline network market to grow from USD 8.5 billion in 2019 to USD 12.3 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period. Major factors expected to drive the growth of the Pipeline network market include the rising demand for oil and gas from developing countries, growing demand for commercial off-the-shelf technology, rising big data and analytics trends, and need for maintaining Quality of Experience (QoE) and Quality of Service (QoS) of pipeline transportation. Browse 103 market data Tables and 46 Figures spread through 178 Pages and in-depth TOC on "Pipeline network Market by Offering (Solution and Services), Application (Pipeline Monitoring and Pipeline Operation Optimization), Content, End-User Industry (Crude & Refined Petroleum, Water & Wastewater), and Region - Global Forecast to 2024" Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=93915262 By solution, the operation management and control segment to hold the largest market size during the forecast period Operation management and control solutions remotely monitor pipeline operations and their performance. These solutions follow government regulations and compliance requirements related to the pipeline infrastructure and are integrated with advanced Information and Communications Technology (ICT) technologies to gain real-time control on ongoing pipeline operations. The growing demand for a transparent, real-time view of a complex pipeline operations for effective pipeline transportation is one of the major factors driving the demand for operation management and control solutions in the Pipeline network market. By pipeline monitoring application, the leak detection segment to hold the largest market size during the forecast period Pipeline leak detection is one of the major pipeline monitoring applications and is required to inspect cracks, leaks, and holes in the walls of the pipeline infrastructure. Incidents of liquid or gas spill are increasing day-by-day and a huge amount of liquid or gas can be released in the surrounding environment, which is hazardous to animals that live in the vicinity of the accident location. Liquid and gas companies look forward to avoid financial and human losses, due to pipeline leakage accidents; thereby, these companies adopt pipeline leakage management
solutions. A growing need to avoid the loss of a significant amount of crude oil and gas due to pipeline leakage is a major growth factor for this segment. Major vendors in the Pipeline network market include Huawei (China), ABB (Switzerland), Siemens (Germany), Hitachi (Japan), Schneider Electric (France), PSI Software (Germany), Honeywell (US), GE (US), Wipro (India), Emerson (US), Cisco Systems (US), Rockwell Automation (US), Moxa (Taiwan), ORBCOMM (US), OptaSense (UK), Pure Technologies (Canada), Necon Group (Qatar), Sensornet (UK), Open Access Technology International (US), and KROHNE Group (Germany). About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model —GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1–888–600–6441
