Global Pipeline Safety Market – Global Industry Analysis and Forecast (2018-2026) - PowerPoint PPT Presentation

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Global Pipeline Safety Market – Global Industry Analysis and Forecast (2018-2026)

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Global Pipeline Safety Market was valued US$5.90 Bn in 2017 and is expected to reach US$11.80 Bn by 2026, at a CAGR of 9.05% during a forecast period. – PowerPoint PPT presentation

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Title: Global Pipeline Safety Market – Global Industry Analysis and Forecast (2018-2026)


1
Global Pipeline Safety Market Global Industry
Analysis and Forecast (2018-2026) By Technology
Solution, Services, Vertical, and Region.
Market Scenario Global Pipeline Safety Market
was valued US5.90 Bn in 2017 and is expected to
reach US11.80 Bn by 2026, at a CAGR of 9.05
during a forecast period. The report is majorly
segmented into Technology Solution, Services,
Vertical, and Region. Further, Pipeline Safety
Market based on Technology Solution includes
Perimeter intrusion detection, secure
communication, Satellite monitoring, video
surveillance, SCADA for pipelines, Pipeline
monitoring system, Leakage Detection, External
threat, Pig tracking, integrated fiber optics
monitoring, and Industrial control system
security. Services segment is sub-segmented into
Professional services, Consulting services, Risk
management, Repair and maintenance, Pipeline
integrity management, Further, Vertical includes
Natural gas, Crude oil, Refined products,
Others. The market numbers are further split
across different regions the report had segmented
the geographies into five continents i.e. North
America, Europe, Asia-Pacific, Latin America, and
Middle East Africa. Detailed analysis by
region make the report comprehensive and enable
the informed decision making.
Increased use of oil and gas companies pipeline
safety is used. Pipelines are recognized as a
safe reliable means for transporting hazardous
product over a significant distance. Based on
services, professional services are classified
into three major categories, such as risk
management, consulting
2
  • services, and repair maintenance. Risk
    management is highly required in all pipeline
    safety solution deployments. North America is
    expected to be a major market for pipeline safety
    systems. As well as Europe is expected to hold
    large market shares in the pipeline safety
    market.
  • The major driver in the growth of pipelines
    safety market is development and upgradation of
    refineries, drilling sites, and exploration of
    new Sites. On the other hand, growing population
    and political instability in the Middle East may
    hinder the pipelines safety market. Another
    hinder of pipelines safety market is lack of
    apprehensions. Due to terrorist attacks, chemical
    gas leakage along with the impact of natural
    calamities on pipelines increases the need for
    pipeline safety. Integration consulting,
    system design, and service support maintenance
    are major challenges faced by the pipelines
    safety market. Some opportunities which are
    expanded pipelines safety market due to
    development of technologies such as acoustic
    leak detectors, laser scanning, smart pigging,
    and over under surveillance. Improper handling
    and distribution of hazardous product may
    endanger human life and adversely affect the
    environment.
  • Some of the major players of the global pipeline
    safety market are GENERAL ELECTRIC, ABB,
    Schneider Electric, Siemens AG, BAE Systems,
    Future Fibre Technologies, Thales Group, Senstar
    Corporation, Syrinix, POLUS-ST, Huawei
    Technologies Co., Ltd., and others.
  • Scope of Global Pipeline Safety Market
  • Global Pipeline Safety Market, by Technology
    Solution
  • Perimeter intrusion detection
  • Secure communication
  • Satellite monitoring
  • Video surveillance
  • SCADA for pipelines
  • Pipeline monitoring system
  • Leakage detection
  • External threat
  • Pig tracking
  • Integrated fiber optics monitoring
  • Industrial control system security Global
    Pipeline Safety Market by Services
  • Professional services
  • Consulting services
  • Risk management

3
  • Repair and maintenance
  • Pipeline integrity management
  • Global Pipeline Safety Market by Vertical
  • Natural gas
  • Crude oil
  • Refined products
  • Others
  • Global Pipeline Safety Market, by Region
  • North America
  • Europe
  • Middle East Africa
  • Asia Pacific
  • Latin America
  • Key players operated in Global Pipeline Safety
    Market
  • GENERAL ELECTRIC
  • ABB
  • Schneider Electric
  • Siemens AG
  • BAE Systems

4
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