Pipeline Monitoring Systems Market Report by Pipe Type (Metallic Pipe, Non-metallic Pipe), Technology (Ultrasonic Testing, Smart Ball, Magnetic Flux Leakage Technology, Pipeline Inspection Gauges (PIGs), and Others), Application (Leak Detection, Pipeline Break Detection, Operating Condition, and Others), End Use Industry (Oil and Gas, Water and Wastewater, and Others), and Region 2024-2032

Pipeline Monitoring Systems Market Report by Pipe Type (Metallic Pipe, Non-metallic Pipe), Technology (Ultrasonic Testing, Smart Ball, Magnetic Flux Leakage Technology, Pipeline Inspection Gauges (PIGs), and Others), Application (Leak Detection, Pipeline Break Detection, Operating Condition, and Others), End Use Industry (Oil and Gas, Water and Wastewater, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A5130
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Market Overview:

The global pipeline monitoring systems market size reached US$ 16 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 29 Billion by 2032, exhibiting a growth rate (CAGR) of 6.53% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 16 Billion
Market Forecast in 2032
US$ 29 Billion
Market Growth Rate 2024-2032 6.53%


Pipeline monitoring systems refer to solutions that are extensively deployed for evaluating bacteriological control programs and corrosions in pipelines. They usually acquire samples or data without generating hazardous wastes to meet regulating supervising requirements. Pipeline monitoring systems aid in leak detection, analyzing operating conditions, monitoring pipeline networks, and break discovery thereby, eliminating the risk of potential disasters, including explosion and fire. This, in turn, assists in optimizing productivity, improving the production process, increasing asset lifespan, and enhancing safety and compliance. At present, pipeline monitoring systems are commercially available in varying types, such as metallic and non-metallic. 

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Pipeline Monitoring Systems Market Trends:

The increasing instances of pipe leakages, breaks, corrosion, or cracks, in oil, wastewater, and refined petroleum industries is primarily driving the global pipeline monitoring systems market growth. This is further supported by favorable initiatives being undertaken by the government of various countries to promote disaster management, workplace safety, and meet the working standards, which is further facilitating the widespread adoption of pipeline monitoring systems in the crude and refined petroleum industries. In line with this, the large-scale integration of these systems with pipeline inspection gauges (PIGs), magnetic flux leakage technology, smart ball, and various communication solutions, including human-machine interface (HMI) and supervisory control and data acquisition (SCADA) for performing remote management and conducting efficient operations is acting as another growth-inducing factor. Moreover, the extensive utilization of metallic pipelines in the oil and gas industry as it provides higher strength flexibility, resistance from corrosion, long-term sustainability, and ability to withstand higher pressures is contributing the market growth. Other factors, such as significant investments in research and development (R&D) activities for engineering highly efficient facilities to improve production technology and reduce operating costs, along with the escalating oil and gas exploration activities, are creating a positive outlook for the market. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global pipeline monitoring systems market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on pipe type, technology, application and end use industry.

Breakup by Pipe Type:

  • Metallic Pipe
  • Non-metallic Pipe
     

Breakup by Technology:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Ultrasonic Testing
  • Smart Ball
  • Magnetic Flux Leakage Technology
  • Pipeline Inspection Gauges (PIGs)
  • Others
     

Breakup by Application:

  • Leak Detection
  • Pipeline Break Detection
  • Operating Condition
  • Others
     

Breakup by End Use Industry:

  • Oil and Gas
  • Water and Wastewater
  • Others
     

Breakup by Region:

 

 
 

 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Honeywell International Inc., Huawei Technologies Co. Ltd., Orbcomm Inc., Pentair plc, PERMA-PIPE International Holdings Inc., PSI Software AG, Siemens AG, TC Energy Corporation, Thales Group and Xylem Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Pipe Type, Technology, Application, End Use Industry, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABB Ltd., Honeywell International Inc., Huawei Technologies Co. Ltd., Orbcomm Inc., Pentair plc, PERMA-PIPE International Holdings Inc., PSI Software AG, Siemens AG, TC Energy Corporation, Thales Group and Xylem Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global pipeline monitoring systems market was valued at US$ 16 Billion in 2023.

We expect the global pipeline monitoring systems market to exhibit a CAGR of 6.53% during 2024-2032.

The rising utilization of pipeline monitoring systems across the oil, wastewater, and refined petroleum sectors to negate the risk of potential disasters, including explosions and fires, is primarily driving the global pipeline monitoring systems market.

The sudden outbreak of the COVID-19 pandemic has led to rising integration of pipeline monitoring systems with numerous communication solutions for remotely detecting leakages, monitoring pipeline networks, and enhancing safety and compliance.

Based on the pipe type, the global pipeline monitoring systems market has been segmented into metallic pipe and non-metallic pipe. Currently, metallic pipe holds the majority of the total market share.

Based on the technology, the global pipeline monitoring systems market can be divided into ultrasonic testing, smart ball, magnetic flux leakage technology, Pipeline Inspection Gauges (PIGs), and others. Among these, Pipeline Inspection Gauges (PIGs) currently exhibit a clear dominance in the market.

Based on the application, the global pipeline monitoring systems market has been categorized into leak detection, pipeline break detection, operating condition, and others. Currently, leak detection accounts for the majority of the global market share.

Based on the end use industry, the global pipeline monitoring systems market can be segregated into oil and gas, water and wastewater, and others. Among these, the oil and gas industry holds the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global pipeline monitoring systems market include ABB Ltd., Honeywell International Inc., Huawei Technologies Co. Ltd., Orbcomm Inc., Pentair plc, PERMA-PIPE International Holdings Inc., PSI Software AG, Siemens AG, TC Energy Corporation, Thales Group, and Xylem Inc.

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Pipeline Monitoring Systems Market Report by Pipe Type (Metallic Pipe, Non-metallic Pipe), Technology (Ultrasonic Testing, Smart Ball, Magnetic Flux Leakage Technology, Pipeline Inspection Gauges (PIGs), and Others), Application (Leak Detection, Pipeline Break Detection, Operating Condition, and Others), End Use Industry (Oil and Gas, Water and Wastewater, and Others), and Region 2024-2032
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