Global Intelligent Pigging Services Market Industry Trends, Opportunities, Estimation & Forecast, 2019-2027

1. Global Intelligent Pigging Services Market Industry Trends, Opportunities, Estimation & Forecast, 2019-2027 Intelligent Pigging has major applications in oil & gas pipelines. This is an inspection method in which the smart pig is propelled through a pipeline for collecting important data such as the presence and location of corrosion or other irregularities of pipe inner walls. It helps in cleaning pipelines by scrapping the sides of the pipe and removing dirt and debris as it travels through it along with an intelligent pig is also capable of performing advanced inspection activities. It helps in inspecting for erosion-corrosion, metal loss, pitting, and weld anomalies by using nondestructive examination methods such as magnetic flux leakage testing and ultrasonic testing. Thus, increasing applications in various end-use industries such as oil & gas, and the chemical are anticipated to further drive growth. In addition, Pipeline inspection is a crucial process in asset integrity management. Growing technological advancements in the pigging systems and the scheduled maintenance and inspection activities to ensure the long-term and safe operation of the pipeline, which is one of the key factors driving the market growth. “Global Intelligent Pigging Services Market was Valued at US$ xx Mn in 2018 and it is Expected to Reach More than US$ 785.4 Mn by 2027, Likely to Grow with the CAGR of 4.6 % During the Forecast Period.” To request a sample copy or view summary of this report, click the link below: https://www.bizizzmarketresearch.com/sample/global-intelligent-pigging-services-market .MFL technology was the largest segment, accounted for over xx % of the global revenue share of the Intelligent Pigging Services market in 2018 and this trend is expected to continue over the forecast period. The MFL technology-based intelligent pigs used to measure metal loss or corrosion even for thin-walled pipelines, whereas ultrasonic technology-based intelligent pigs fail to achieve accurate measurements for thin-walled pipelines. The gas intelligent pipeline pegging segment is expected to witness highest growth in the global intelligent pigging services market across the globe. The Gas Intelligent Pipeline Pegging Segment is estimated to be the largest application of the Intelligent Pigging Services market and is projected to grow at the highest rate of 6.0% during the forecast period. Global natural gas production increased by 5.2% in 2018, thereby boosting demand. While natural gas transportation from producing regions to consumption regions is majorly done through an extensive network. Major countries including the U.S., Russia, Canada, and China account for the longest gas pipelines with the U.S. occupying 65% of the total global length. Asia Pacific is estimated to be the fastest-growing region with a CAGR of above 6% over the forecast period.The growing energy demand from emerging countries such as China, Australia, India, and Vietnam will bolster the oil and gas industry growth in the coming years. According to National Development and Reform Commission (NDRC), By 2020, the total length of the natural gas pipeline network in the country is expected to reach 169,000 km and to 240,000 km by 2025 with the aim to encourage investment in the sector and to secure future energy supply need in the country. However, the market in Europe expected to hold a significant share whichis another important intelligent pigging market and a gas-driven economy. In 2016, Germany and Russia have united to build a natural gas

2. pipeline known as Nord Stream 2, which is expected to double the existing gas supply from Russia to Germany. Some of the key players in the global Intelligent Pigging Services market are Baker Hughes, T.D. Williamson, ROSEN Group, NDT Global, Enduro Pipeline Services, Onstream Pipeline Inspection, Dacon Inspection Services, Intertek Group, Applus, and LIN SCAN. Impact of COVID-19 on Economy, Industry and Company The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries. At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions. Areas at which Bizizz Market Research would help decision makers are: a) Insights on current demand & supply gap analysis b) Impact on value chain and supply chain and strategies adopted to off set its impact c) Impact on Industry / company revenue and predictive intelligence on forecast sales d) In-depth analysis on market segmentation – both value and volume analysis e) Market assessment, regional and country attractiveness, competitive benchmarking and entry strategy f) Prioritizing strategies and how it would impact company’s short to long-term business outlook About Bizizz Market Research: Bizizz Market Research (BMR) is a unique market research, consulting, and business solution organization that offers best strategic and tactical support to customers to enhance their business decision process. BMR team is full of impassioned & dedicated experts who thrives to give their very best to their clients and always ready to take any challenge. Our expanding team of professionals & experts from a wide array of streams and vertical has critical problem solving skills, innovative approaches and research techniques to deliver best

3. solution to our clients. We continuously pushing our capabilities to enhance our services and setting higher quality goals each day. BMR offers syndicated reports, custom reports and consulting services to our clients. We are capable of catering the market research demands of individuals and organizations of various industries across different geographies with utmost data accuracy in minimal turnaround time. Contact Us: Bizizz Market Research 410 E Santa Clara Street, Unit #762 San Jose, CA 95113 Phone : +1 408-622-0123 Email : sales@bizizzmarketresearch.com Website: www.bizizzmarketresearch.com