Smart Pigging Market – New Innovations, Research and Growth Factor till 2025

Press Release

Smart pigging or intelligent pigging is developed and employed for inspecting, monitoring and surveying pipelines in oil & gas, chemicals, mining, and water industries. GMD predicts global smart pigging market to exhibit a moderate CAGR of 5.7% over the years to come, and the cumulative revenue to reach $5.04 billion during 2019-2025 driven by a rising adoption of smart PIGs (pipeline inspection gauges) in various applications across the globe.

Highlighted with 68 tables and 63 figures, this 152-page report “Global Smart Pigging Market by Technology, Application, End-user and Region 2014-2025: Growth Opportunity and Business Strategy” is based on a comprehensive research of the entire global market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2014-2017, revenue estimates for 2018, and forecasts from 2019 till 2025.

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In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global smart pigging market in every aspect of the classification from perspectives of Technology, Application, End-user and Region.
Based on technology, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section.
• Magnetic Flux Leakage (MFL)
• Ultrasonic Test (UT)
• Caliper
Based on application, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section.
• Crack and Leak Detection
• Metal Loss/Corrosion Detection
• Geometry Measurement and Bend Detection
• Others
Based on end-user, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section.
• Gas
• Oil
• Chemicals
• Others
Geographically, the following regions together with the listed national markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
• Europe (Germany, Italy, UK, France, Russia, Rest of Europe)
• North America (U.S. and Canada)
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
• RoW (Israel, Saudi Arabia, United Arab Emirates)
For each of the aforementioned regions and countries, detailed analysis and data for annual revenue are available for 2014-2025. The breakdown of all regional markets by country and split of key national markets by Technology, Application, and End-user over the forecast years are also included.
The report also covers current competitive scenario and the predicted manufacture trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global smart pigging market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players:
3P Services GmbH & Co KG
A.Hak Industrial Services B.V.
Applus
Aubin Group
Baker Hughes
Cokebusters
Corrosion Control Engineering
Dacon Inspection Services
Enduro Pipeline Services
Halfwave As
Intertek Group
Jamison Products LP
Lin Scan
NDT Global GmbH & Co. KG
Onstream Pipeline Inspection
Penspen

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Pigs Unlimited International Inc.
Pigtek Ltd
Quest Integrity Group
Romstar
Rosen Group
Rouge Pipeline & Process Services
T.D. Williamson

Table of Contents
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 8
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Qualitative Analysis 17
2.1 Market Size and Forecast 17
2.2 Major Growth Drivers 18
2.3 Market Restraints and Challenges 21
2.4 Emerging Opportunities and Market Trends 24
2.5 Porter’s Fiver Forces Analysis 27
3 Segmentation of Global Market by Technology 31
3.1 Market Overview by Technology 31

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