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Intelligent Pigging Services Market Projected to be Worth 826.5 Mn by 2025

Future Market Insights (FMI), delivers key insights on the global intelligent pigging services market in its latest report titled, “Intelligent Pigging Services Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025”. According to the report, the global intelligent pigging services market is expected to register a CAGR of 6.3% during the forecast period (2015–2025). Pipeline inspection gauges, also known as pigs, are devices used for inspection and maintenance operations of oil and gas pipelines. Intelligent pigs have an on-board electronic chip, which is used for recording the data about the condition of the pipeline. Intelligent pigs are widely used for corrosion and cracks detection.

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Intelligent Pigging Services Market Projected to be Worth 826.5 Mn by 2025

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  1. Report Id :REP-GB-390 Published On :Aug-2015 Category :Energy, Mining, Oil, And Gas Intelligent Pigging Services Market: Combinational Inspection Technologies to Surge in Near Future: Global Industry Analysis and Opportunity Assessment 2015 - 2025

  2. AboutFuture Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Subscription Information Sector Coverage • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Customized Research • Syndicated Research • Investment Research • Social Media Research • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com

  3. Research Methodology (1/2) Market Profiling Formulating discussion guide Developing list of respondents Data Collection Data Validation Data Analysis Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 2 • Identifying key opinion leaders • Questionnaire design • In depth interviews • Coverage across value chain 3 • Key Industry Experts • Channel Study • Developments • Market Dynamics • Products • Conclusions A 4 Primary Research SOLUTION • Market Participants • Key Strengths • Product Portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research 6 C Paid Publications# Primary Research # Secondary Research # Company Analysis 7 • Factiva • GBI • Genios • Meltwater • Linkedin • Zoominfo • Salesforce • Hoovers • Onesource • Company Websites • Company Annual Reports • White Papers • Financial Reports Insights # includes sources of databases

  4. Global Intelligent Pigging Services Market Analysis and Forecast Global Intelligent Pigging Services Market Expected to Expand at a CAGR of 6.3% due to Stringent Government Regulations and Technological Advancements in Intelligent Pigging Services Future Market Insights (FMI), delivers key insights on the global intelligent pigging services market in its latest report titled, “Intelligent Pigging Services Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025”. According to the report, the global intelligent pigging services market is expected to register a CAGR of 6.3% during the forecast period (2015–2025). Pipeline inspection gauges, also known as pigs, are devices used for inspection and maintenance operations of oil and gas pipelines. Intelligent pigs have an on-board electronic chip, which is used for recording the data about the condition of the pipeline. Intelligent pigs are widely used for corrosion and cracks detection. Assessing various factors driving market growth, FMI analyst said, “Stringent government & industry regulations, expected economic revival and technological advancements in pigging services are surging demand for global intelligent pigging services market.” The analyst added that increasing awareness among pipeline operators about the benefits of regular inspection and maintenance of pipelines is expected to further fuel market growth.

  5. Global Intelligent Pigging Services Market Analysis and Forecast This is also expected to prompt original equipment manufacturers (OEMs) and vendors of intelligent pigs to introduce innovation in inspection technologies such as magnetic flux leakage (MFL) and ultrasonic test (UT) to improve efficiency of services. The global intelligent pigging services market is segmented on the basis of technology into MFL and UT. Among these, demand for MFL is significant, accounting for 66.6% share of the global intelligent pigging segment market in 2014. As per FMI estimates, this segment is projected to register a CAGR of 6.5% during the forecast period.  On the basis of end-use industry, the global intelligent pigging service market is segmented into gas industry and oil industry. The gas industry segment in the global intelligent pigging services accounted for 80.4% market share in 2014. FMI estimates the gas industry segment expected to register a CAGR of 6.2% between 2015 and 2025, to account for US$ 657.0 Mn by 2025. The oil industry segment is estimated to account for 19.8% share by the end of 2015 and is forecast to increase at a CAGR of 6.7% through 2025. Currently, the gas pipeline network is larger than that of oil, and this trend is expected to continue during the forecast period as well. Thus, the gas industry segment is projected to dominate the global intelligent pigging services market over the forecast period.

  6. Global Intelligent Pigging Services Market Analysis and Forecast Increasing consumption of petroleum products and natural gas is expected to fuel demand for intelligent pigging services globally. In addition, economic revival in regions such as Eastern Europe, Western Europe & North America and economic growth in regions such as APEJ and Latin America are expected to propel growth of the global intelligent pigging services market over the forecast period. The global intelligent pigging services market is segmented on the basis of regions into North America, Eastern Europe, Middle East & Africa, Asia Pacific Excluding Japan (APEJ), Western Europe, Latin America and Japan. North America accounted for 48.9% revenue share in the global intelligent pigging services market in 2014, and is expected to continue to dominate the global market over the forecast period. One of the smallest intelligent pigging services market, Latin America is expected to register the highest CAGR during the forecast period. The APEJ market is projected to register a CAGR of 7.1% over the forecast period Browse Full "Intelligent Pigging Services Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025" Research Report at  http://www.futuremarketinsights.com/reports/details/intelligent-pigging-market

  7. Global Intelligent Pigging Services Market Analysis and Forecast Key players across the supply chain in the global intelligent pigging services market include OEMs/vendor of intelligent pigging services and oil & gas explorers and producers. The OEMs/vendors that we have analysed are LIN SCAN, T.D. Williamson, Inc., Baker Hughes Incorporated, GE Oil and Gas (PII Pipeline Solutions), NDT Global and Enduro Pipeline Services Inc. The oil & gas explorers and producers analysed in the report are Petrobras, OMV Group, ConocoPhillips and Royal Dutch Shell Plc. Major OEMs/vendors operating in the global market are focused adopting advanced inspection technologies to enhance efficiency of services. Pipeline operators are entering into long-term supply contracts with OEMs/vendors to minimize effect of increasing costs of intelligent pigging services. In future, OEMs/vendors should continue investing in the North America and Eastern Europe market. At the same time, APEJ and Latin America are expected to generate significant demand for intelligent pigging services. OEMs/vendors should focus on improving combinational technologies, as these are more effective and advanced that individual technologies currently used for pigging services.

  8. Table of Content • Section 01 • Global Intelligent Pigging Services Market - Executive Summary • 2. Research Methodology • 3. Assumptions and Acronyms Used • Section 02 • 4. Global Intelligent Pigging Services Market Overview •    4.1. Introduction • 4.1.1. Evolution of Pigging Technology • 4.1.2. Pigging Technology Overview

  9. Table of Content • 4.2. Global Intelligent Pigging Market Analysis and Forecast • 4.2.1. Global Intelligent Pigging Market Size (US$ Mn) and Y-o-Y Growth (%), 2015–2025 • 4.2.2. Global Intelligent Pigging Market Incremental Value Opportunity, 2015–2025 (US$ Mn) •    4.3. Market Dynamics • 4.3.1. Driver • 4.3.2. Global Intelligent Pigging Market–Impact Analysis • 4.3.3. Inhibitors • Section 03 • 5. Global Intelligent Pigging Market Analysis and Forecast, by Technology •    5.1. Introduction • 5.1.1. Basis Point Share(BPS) Analysis, By Technology • 5.1.2. Y-o-Y growth comparison, By Technology

  10. Table of Content • 5.2. Global Intelligent Pigging Market By Technology • 5.2.1. Magnetic Flux Leakage (MFL) • 5.2.1.1. Absolute $ Opportunity • 5.2.1.2. Market Value Forecast • 5.2.2. Ultrasonic Test (UT) • 5.2.2.1. Absolute $ Opportunity • 5.2.2.2. Market Value Forecast •    5.3. Global Intelligent Pigging Services Market Attractiveness by Technology •    5.4. Global Intelligent Pigging Services Market by Technology–Trends • Section 04 • 6. Global Intelligent Pigging Market Analysis and Forecast, by End-Use Industry •    6.1. Introduction • 6.1.1. Basis Point Share(BPS) Analysis, By End-Use Industry • 6.1.2. Y-o-Y growth comparison, By End-Use Industry

  11. Table of Content • 6.2. Global Intelligent Pigging Market By End-Use Industry • 6.2.1. Oil • 6.2.1.1. Absolute $ Opportunity • 6.2.1.2. Market Value Forecast • 6.2.2. Gas • 6.2.2.1. Absolute $ Opportunity • 6.2.2.2. Market Value Forecast •    6.3. Global Intelligent Pigging Services Market Attractiveness by End-Use Industry •    6.4. Global Intelligent Pigging Services Market by Technology–Trends • Section 05 • 7. Global Intelligent Pigging Services Market Analysis and Forecast By Regions •    7.1. Introduction

  12. Table of Content • 7.2. Y-O-Y Growth Comparison, By Regions •    7.3. BPS Analysis, By Regions •    7.4. Intelligent Pigging Services Market Attractiveness, by Developed Regions •    7.5. Intelligent Pigging Services Market Attractiveness, by Developing Regions •    7.6. Global Intelligent Pigging Services Market, By Regions • 7.6.1. North America • 7.6.1.1. Introduction • 7.6.1.2. Y-O-Y Growth Comparison, By Regions • 7.6.1.3. BPS Analysis, By Regions • 7.6.1.4. North America Intelligent Pigging Services Market, By Regions • 7.6.1.4.1. U.S. • 7.6.1.4.2. Canada

  13. Table of Content • 7.6.1.5. North America Intelligent Pigging Services Market, By End-use Industry • 7.6.1.5.1. Oil • 7.6.1.5.2. Gas • 7.6.1.6. North America Intelligent Pigging Services Market, By Technology • 7.6.1.6.1. MFL • 7.6.1.6.2. UT • 7.6.1.7. North America Intelligent Pigging Services Market Attractiveness, by Regions • 7.6.1.8. Impact Analysis of Drivers • 7.6.2. Eastern Europe  • 7.6.2.1. Introduction • 7.6.2.2. Y-O-Y Growth Comparison, By Regions • 7.6.2.3. BPS Analysis, By Regions • Section 06 • 8. Competitive Landscape

  14. Table of Content • 8.1. Company Dashboard • 8.1.1. Intelligent Pigging Services Original Equipment Manufacturers/Vendors Market Players • 8.1.2. Oil and Gas Explorers and Producers Market Players •    8.2. Company Profiles • 8.2.1. Intelligent Pigging Services Providers • 8.2.1.1. LIN SCAN • 8.2.1.2. T.D. Williamson, Inc. • 8.2.1.3. Baker Hughes Incorporated • 8.2.1.4. GE Oil and Gas (PII Pipeline Solutions) • 8.2.1.5. NDT Global • 8.2.1.6. Enduro Pipeline Services, Inc. • 8.2.2. Oil & Gas Explorers and Producers • 8.2.2.1. Petrobras • 8.2.2.2. OMV Group • 8.2.2.3. ConocoPhillips • 8.2.2.4. Royal Dutch Shell PLC

  15. Table of Content • For more insights on the Global Intelligent Pigging Services Market, you can request a report sample with full TOC at http://www.futuremarketinsights.com/reports/sample/rep-gb-390

  16. Thank You! To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights:3rd Floor, 207 Regent Street, London W1B 3HH T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com

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