Global Pipeline Integrity Market Overview:
Pipeline integrity refers to the method of ensuring a pipeline and all its related components are running properly. This is done to in order to confirm that the pipeline which is built is safe, reliable and sustainable. Pipeline engineers are responsible for the construction, operation and maintenance of pipelines. The demand for pipeline integrity is expected to grow in the forecasted period owing to the growing demand for oil & gas, rising investments in pipeline infrastructure and advancement in the field of integrity management. Moreover, rising demand from the downstream operations, development of shale gas & synthetic natural gas coupled with rising investments in research & development are expected to propel the demand. Some of the key players profiled in the study are Rosen (Switzerland), GE Company (United States), Schneider Electric (France), Altus Intervention (Malaysia), Emerson (United States), Intertek (United Kingdom), Applus (Spain), SGS (Switzerland), NDT Global (Germany), T.D. Williamson (United States), Enermech (United Kingdom), IKM Gruppen (Norway) and Lin Scan (UAE).
On the basis of geography, the market of Pipeline Integrity has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. If we see Market by Service , the sub-segment i.e. Testing will boost the Pipeline Integrity market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Pigging will boost the Pipeline Integrity market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form Type, the sub-segment i.e. Oil will boost the Pipeline Integrity market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Government and Regulation for Pipeline Assessment
- Rise in Concern Over Environmental Impact and Safety of Pipeline and Energy Infrastructure
- Focus Towards Remote Management of Oil & Gas Pipeline for Process Optimization & Automation
- Development and Innovation in Pipe Integration
- Difficulty in Pipeline Assessment
- Emergence of the Digital Twin Technology in Pipeline Operation
- Introduction of Big Data Analytics Would Increase the Scope of Pipeline Monitoring System
- Delays in Issuing a Permit By Statutory Government Bodies
Major Market Developments:
In August 2018, Applus is a leading engineering company that provides designing, testing, engineering and homologation services to the automotive industry, acquired Technical Inspection Services Ltd to strengthen its testing services in the UK.
In February 2019, NDT Global that provides ultrasonic pipeline inspection and data analysis services for onshore and offshore pipeline introduced Evo Eclipse UCx technology, which can accurately identify size tilts and skewed cracks. In addition, in September 2018, Rosen launched its New Digital Integrity Management Solution (NIMA), which helps in taking accurate decisions related to pipeline integrity as it keeps individual pipeline records traceable, complete, and verifiable. Also, it is a platform that allows autonomous definition and modification of integrity management processes.
The Pipeline and Hazardous Materials Safety Administration (PHMSA) issued a rule to improve regulations for hazardous liquid pipelines. It formed new compliance requirements for system operators and owners envisioned to sustain pipe integrity and to prevent leak accidents.
Pipeline Integrity Management Service Providers, Organizations, Forums And Alliances Related To Pipeline Integrity Management, Midstream Companies, Government Bodies Such As Regulating Authorities And Policy Makers and Market Research And Consulting Firms
Major Objectives Focused through this Study
To define, describe, and forecast the Global Pipeline Integrity market on the basis of product  , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Pipeline Integrity market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Pipeline Integrity industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Quest Integrity (United States), Yokogawa Electric Corporation (Japan), Fluor Corporation (United States), Technip FMC PLC (United Kingdom) and Dacon Inspection Technologies (Thailand).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Pipeline Integrity market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.