Press release
Pipeline Integrity Management Market Set to Reach USD 12.575 Billion by 2030
Pipeline Integrity Management Market
The global pipeline integrity management market is on a robust growth trajectory, with projections indicating an increase from USD 8.565 billion in 2023 to USD 12.575 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.60% during the forecast period.
๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
Several factors are propelling this growth:
๐จ๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐๐๐๐๐๐: Many pipelines worldwide are aging, necessitating regular inspections, maintenance, and upgrades to ensure safety and reliability.
๐บ๐๐๐๐๐๐๐๐ ๐น๐๐๐๐๐๐๐๐๐๐: Governments and regulatory bodies are imposing stringent regulations and standards on pipeline operators to ensure safety and environmental protection, driving the demand for integrity management solutions.
๐ฌ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐ ๐บ๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐: Increasing awareness of the environmental and safety risks associated with pipeline failures is prompting operators to invest in comprehensive integrity management programs.
๐๐๐ญ ๐ข๐ง๐ฌ๐ญ๐๐ง๐ญ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/78928/
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐ท๐๐๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐ฝ๐๐๐๐๐๐
Vietnam is witnessing a surge in pipeline infrastructure projects to support its growing energy demands. The government's focus on enhancing oil and gas exploration activities has led to increased investments in pipeline integrity management to ensure operational safety and environmental protection.
๐ท๐๐๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ป๐๐๐๐๐๐๐
Thailand's energy sector is expanding, with significant investments in natural gas pipelines. The country is adopting advanced pipeline integrity management solutions to maintain the safety and efficiency of its extensive pipeline network, aligning with regional energy security goals.
๐ท๐๐๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฑ๐๐๐๐
Japan's commitment to energy security and environmental sustainability has led to the modernization of its pipeline infrastructure. The integration of cutting-edge technologies in pipeline integrity management is a key trend, ensuring the reliability of energy transportation across the nation.
๐ท๐๐๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐ ๐ฒ๐๐๐๐
South Korea is focusing on consolidating its pipeline infrastructure to meet increasing energy demands. Recent mergers and acquisitions in the sector aim to enhance operational efficiency and safety standards, reflecting a proactive approach to pipeline integrity management.
๐ท๐๐๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ผ๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐๐๐๐๐
Singapore is updating its pipeline integrity management practices to support its status as a regional energy hub. The adoption of advanced monitoring and inspection technologies is central to maintaining the integrity of its critical energy infrastructure.
๐ท๐๐๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐๐๐ ๐ผ๐๐๐๐๐ ๐บ๐๐๐๐๐
The United States leads the global pipeline integrity management market, driven by its extensive pipeline network and stringent regulatory environment. The focus on preventing pipeline failures and ensuring environmental safety continues to propel market growth.
๐ท๐๐๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ช๐๐๐๐
China's expanding energy infrastructure presents significant opportunities for pipeline integrity management. The government's emphasis on energy security and environmental protection is driving investments in advanced integrity management solutions.
๐ท๐๐๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฌ๐๐๐๐๐
Europe is witnessing a shift towards sustainable energy practices, influencing trends in pipeline integrity management. The adoption of digital technologies and stringent safety regulations are shaping the market landscape across the region.
๐๐๐๐๐ง๐ญ ๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ
๐๐ง๐๐๐จ๐๐ญ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐.: In June 2022, OneSoft Solutions Inc., a Canada-based software-as-a-service (SaaS) company, acquired Bass Engineering Company to strengthen its product portfolio in integrity management solutions and gain a competitive advantage in the market.
๐๐จ ๐๐ข๐ง๐ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/request-sample/78928/
๐๐ข๐ฉ๐๐ฅ๐ข๐ง๐ ๐๐ง๐ญ๐๐ ๐ซ๐ข๐ญ๐ฒ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ฎ ๐๐ฎ๐ฅ๐
Onshore
Offshore
๐๐ฎ ๐๐๐ง๐ซ๐๐๐
Inspection Service
Cleaning Service
Repair and Refurbishment Service
The pipeline integrity management market is segmented by region (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America), type (onshore and offshore), and service (inspection, cleaning, and repair and refurbishment). The usage of natural gas is predicted to see the fastest rate of expansion among all power types by 2030 due to considerations like ecological benefits and the need for electricity safety in regions like Asia Pacific.
๐ ๐จ๐ซ ๐ ๐ฆ๐จ๐ซ๐ ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐ฉ๐ฅ๐๐๐ฌ๐ ๐ซ๐๐๐๐ซ ๐ญ๐จ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/78928/
๐๐๐๐๐ข๐ง๐ ๐๐ข๐ฉ๐๐ฅ๐ข๐ง๐ ๐๐ง๐ญ๐๐ ๐ซ๐ข๐ญ๐ฒ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
1. Baker Hughes , a GE Company LLC
2. Halliburton Company
3. Hak Industrial Services
4. DNV GL AS
5. TWI Ltd.
6. Emerson Electric Co.
7. Force Technology
8. Audubon Engineering Solutions
9. Aegion Corporation
10. Black Hills Corporation
11. NW Natural
12. Matcor, Inc.
13. Infosys ltd.
14. Dominion Energy, Inc.
15. Thyssengas GmbH
๐ ๐จ๐ซ ๐๐๐๐ฉ๐๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ฉ๐๐ซ๐ฎ๐ฌ๐ ๐ญ๐ก๐ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
Global Telecom Managed Services Market https://www.maximizemarketresearch.com/market-report/global-telecom-managed-services-market/7319/
Global 5G Fixed Wireless Access Market https://www.maximizemarketresearch.com/market-report/global-5g-fixed-wireless-access-market/26925/
Industrial Evaporators Market https://www.maximizemarketresearch.com/market-report/industrial-evaporators-market/187468/
WLAN Market https://www.maximizemarketresearch.com/market-report/global-wlan-market/54503/
Quantum Cryptography Market https://www.maximizemarketresearch.com/market-report/global-quantum-cryptography-market/6488/
Integrated Systems Market https://www.maximizemarketresearch.com/market-report/integrated-systems-market/65616/
Cash Flow Market https://www.maximizemarketresearch.com/market-report/global-cash-flow-market/90890/
Small Satellite Market https://www.maximizemarketresearch.com/market-report/global-small-satellite-market/341/
Configuration Management Market https://www.maximizemarketresearch.com/market-report/global-configuration-management-market/62980/
Data Pipeline Tools Market https://www.maximizemarketresearch.com/market-report/data-pipeline-tools-market/182934/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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