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The global crude oil pipeline transport market size is expected to grow from $64.61 billion in 2022 to $69.91 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%.
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Crude Oil Pipeline Transport Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Crude Oil Pipeline Transport Market Segments The Business Research Company segments it’s crude oil pipeline transport market report as: Gathering pipeline, Transmission pipeline, Distribution pipeline, Feeder pipeline By Pipeline Type Security Solutions, Automation and Control, Integrity and Tracking Solution, Network Communication Solutions, Other Solutions By Solutions By Location of Deployment Onshore, Offshore By Service Consulting Services, Managed Services, Maintenance and Support
Market Statistics The global crude oil pipeline transport market size is expected to grow from $64.61 billion in 2022 to $69.91 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The global crude oil pipeline transport market size is expected to reach $92.92 billion in 2027 at a CAGR of 7.4%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The surge in the demand for oil and gas are driving the growth of the crude oil pipeline transport market Trends Technological advancements are a key trend gaining popularity in the crude oil pipeline transport market. • Region North America was the largest region in the crude oil pipeline transport market. Asia-Pacific is expected to be the fastest-growing region in the global crude oil pipeline transport market report during the forecast period. The regions covered in the global crude oil pipeline transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Market Players • Major players in the crude oil pipeline transport market are: • ABB Ltd • Alcatel-Lucent Enterprise • Emerson Electric Co • TechnipFMC PLC • Schneider Electric SE • And more. Get More Information On The Crude Oil Pipeline Transport Market Report
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