Global Pipeline Network Market, By Offering (Solution and Services), Application (Pipeline Monitoring and Pipeline Operation Optimization), Content (Gas Pipeline and Liquid Pipeline), End-User Industry (Crude and Refined Petroleum, Water and Wastewater, and Others) – Industry Trends and Forecast to 2031.
Pipeline Network Market Analysis and Size
Pipeline network market is witnessing advancements with the latest methods and technologies driving growth. Innovations such as smart monitoring systems and predictive maintenance enhance efficiency and safety. The sector's expansion is fueled by increasing demand for energy transport solutions worldwide, prompting continuous evolution and investment in cutting-edge infrastructure and operational strategies.
The global pipeline network market size was valued at USD 20.53 billion in 2023 and is projected to reach USD 38.00 billion by 2031, with a CAGR of 8.00% during the forecast period 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 - 2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Offering (Solution and Services), Application (Pipeline Monitoring and Pipeline Operation Optimization), Content (Gas Pipeline and Liquid Pipeline), End-User Industry (Crude and Refined Petroleum, Water and Wastewater, and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Huawei Technologies Co., Ltd. (China), ABB (Switzerland), Siemens Energy (Germany), Hitachi, Ltd. (Japan), Schneider Electric (France), GE Grid Solutions, LLC (U.S.), Wipro (India), Emerson Electric Co. (U.S.), Rockwell Automation (U.S.), Moxa Inc. (Taiwan), ORBCOMM (U.S.), Luna Innovations Incorporated (U.K.), Xylem (Canada), Necon Group (Qatar), Open Access Technology International, Inc. (U.S.), and KROHNE Messtechnik GmbH (Germany)
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Market Opportunities
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Market Definition
A pipeline network is a system of interconnected pipes used to transport fluids such as water, oil, or natural gas over long distances efficiently. It consists of pumps, valves, and other control devices to regulate flow and pressure. Pipeline networks are crucial for industries and communities, providing a reliable means to distribute essential resources across vast geographical areas.
Global Pipeline Network Market Dynamics
Drivers
- Increasing Infrastructure Development
Increasing investments in oil and gas infrastructure, particularly pipelines, are propelled by rising global energy demand. For instance, the expansion of liquefied natural gas (LNG) projects in the United States has spurred significant investments in pipeline networks to transport LNG from production sites to export terminals. This infrastructure development not only supports energy security but also meets the growing demand for cleaner energy sources, driving economic growth and stability in both domestic and international markets.
- Government Regulations and Policies
Supportive government regulations and policies drive the pipeline network market by fostering energy security, promoting infrastructure growth, and ensuring safe resource transportation. For instance, in the United States, the Pipeline and Hazardous Materials Safety Administration (PHMSA) enforces regulations to maintain pipeline integrity and safety standards, thereby boosting investor confidence and facilitating the expansion of pipeline networks to meet increasing energy demands efficiently and securely.
Opportunities
- Growing Oil Sands and Shale Gas Developments
The expansion of oil sands production in Canada and the growth of shale gas production in the United States are driving significant investments in pipeline infrastructure. For instance, projects such as the Keystone XL pipeline in North America are aimed at transporting crude oil from Alberta's oil sands to refineries in the United States, facilitating efficient resource distribution and supporting economic growth in both countries. These developments underscore the pivotal role of pipelines in energy infrastructure expansion.
- Growing Demand for Natural Gas
The increasing demand for natural gas, driven by its role in power generation and industrial applications, is propelling expansions and upgrades in natural gas pipeline networks globally. For instance, in North America, the growth of shale gas production has necessitated the development of new pipelines to transport gas from production areas to consumption centers efficiently. This expansion not only meets rising demand but also enhances energy security and operational efficiency across the region.
Restraints/Challenges
- Public Opposition
Public opposition from local communities and environmental groups presents a significant obstacle to the pipeline network market. Concerns over land use, safety risks, and environmental impacts frequently lead to prolonged regulatory battles, project delays, and increased operational costs, thereby hindering market expansion and development.
- Social License to Operate
The challenge of securing social license to operate impedes the pipeline network market. Gaining trust from local communities, indigenous groups, and governments is pivotal but daunting, as opposition from these stakeholders can delay or block projects, affecting investor confidence and operational continuity in the industry.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In November 2023, ExxonMobil finalized its USD 4.9 billion acquisition of Denbury Inc., a U.S.-based independent oil and natural gas company. This acquisition establishes ExxonMobil as the foremost owner and operator of CO2 pipelines in the United States. It enhances their capability to transport CO2 to diverse industrial sites for applications in carbon capture and storage, leveraging Denbury's extensive CO2 pipeline network, the largest globally.
Global Pipeline Network Market Scope
The market is segmented on the basis of offering, content, application and end user industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Offering
- Solution
- Operation management and control
- Surveillance and security
- Communication system
- Pipeline GIS software
- Services
- Consulting
- Integration and deployment
- Training
- Support
- Maintenance
Application
- Pipeline Monitoring
- Leak Detection
- Pipeline Break Detection
- Operating Condition
- Pipeline Operation Optimization
Content
- Gas Pipeline
- Liquid Pipeline
End-User Industry
- Crude and Refined Petroleum
- Oil
- Natural Gas
- Biofuel
- Water and Wastewater
- Others
Global Pipeline Network Market Regional Analysis/Insights
The market is analysed and market size insights and trends are provided by country, offering, content, application and end user industry as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to dominate the pipeline network market due to the increasing number of pipelines in the United States and Canada, coupled with the presence of key vendors in the region, driving advancements and expansions in pipeline infrastructure to meet growing energy demands.
Asia-Pacific is expected to show significant growth in the pipeline network market during the forecast period due to robust infrastructure development and rising energy demand. This expansion is driven by increasing investments in energy projects, oil pipeline network, and the need for efficient transportation of oil and gas.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Pipeline Network Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the market are:
- Huawei Technologies Co., Ltd. (China)
- ABB (Switzerland)
- Siemens Energy (Germany)
- Hitachi, Ltd. (Japan)
- Schneider Electric (France)
- GE Grid Solutions, LLC (U.S.)
- Wipro (India)
- Emerson Electric Co. (U.S.)
- Rockwell Automation (U.S.)
- Moxa Inc. (Taiwan)
- ORBCOMM (U.S.)
- Luna Innovations Incorporated (U.K.)
- Xylem (Canada)
- Necon Group (Qatar)
- Open Access Technology International, Inc. (U.S.)
- KROHNE Messtechnik GmbH (Germany)
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