Intelligent Pigging Market Size and Forecast to 2028

comentários · 41 Visualizações

The Global Intelligent Pigging Market size was US$ xx billion in 2022 and is anticipated to succeed in the valuation of US$ xx billion in 2028

Market overview:

Intelligent pigging is a technique for peering within a pipeline to acquire information on the presence and location of consumption, twists, and other irregularities. There is a need for a smart pipe cleaning administration due to the complexity of required pipeline inspections and expanded unauthorized legislation. By examining symptoms of metal misfortune, consumption detection, and other actual deformities, pipeline administrators can reduce risk and effectively provide security.

Since then, as oil and natural gas have been transported through the pipes, metal loss and corrosion have frequently surfaced on both the internal and external surfaces of the pipes. Other flaws were less common than rusting. Corrosion results from an electrochemical interaction between the substance that pipelines carry and their inside walls. Moreover, the outside climate contributes to metal losses on the surface. As a result, the device's primary use during scraping is for applications involving metal loss detection.

Market Drivers and Restraints:

The rise in government mandates and regulations for pipeline inspection is one of the key factors propelling the worldwide intelligent pigging market. The United States Environmental Protection Agency (EPA), for instance, claims that safety standards for pipeline operations are based on a number of factors that are inspected, including pipe pressure testing, corrosion verification, welding, accident reports, construction, emergency preparedness, etc. In order to raise awareness of pipelines that pass through high-risk locations, the Pipeline Safety and Hazardous Materials Administration (PHMSA) runs an integrity management program that includes an inspection and repair program. The adoption of intelligent pigging is being influenced by these rules. Due to increased worries about the security of pipelines and energy infrastructure, it is anticipated that the worldwide intelligent pigging market would expand rapidly over the forecast period. Major pipeline damage incidents that resulted in product losses and significant accidents have occurred in the oil and gas industry in the past. The pipeline infrastructure of oil and gas corporations must therefore be inspected.

For in-line pipe inspection and cleaning, scraping is the procedure of choice. Pigging can not, however, guarantee a total removal of the dangers connected with pipeline transit. Cleaning is a high-risk process even though most cleaning operations occur without a hitch. Due to debris or wax, if a pig gets stuck or stuck in the pipeline, it is obstructing the pipeline, which can have serious operational, safety, environmental, and commercial repercussions.

To know more, read:

https://www.marketdataforecast.com/market-reports/intelligent-pigging-market

The report is segmented as follows:

The Intelligent Pigging Market is segmented by Technology; the Market is segmented by Application; the Market is segmented by Pipeline Type:

By Technology (magnetic flux leakage, ultrasonic, caliper)

By Application (metal loss/ corrosion detection, geometry measurement and bend detection, crack and leak detection)

By Pipeline Type (gas, liquid)

Regional Segmentation:

Due to the United States having the greatest pipeline system in the world, North America will hold the largest market share for intelligent pigging in 2018. Strict laws pertaining to pipe operation and integrity control the intelligent pigging sector in North America.

Another significant market for gas-driven economies and intelligent pigging is Europe. Thanks to domestic gas production, the European Union (EU) was able to satisfy 35.3% of its total gas demand in 2010. In 2016, it dropped to 27.6%. As a result, the EU will need to construct new pipelines to meet its energy needs, as pipelines are more cost-effective than other alternatives like LNG for transporting liquids and petroleum products.

Impact of COVID-19 pandemic on the market:

Blockades established globally to stop the spread of COVID-19 have had a negative effect on the intelligent pigging business recently. From December 2019, the demand for goods has been hampered by the government's decision to temporarily shut down manufacturing facilities. However, the negative effect, which was brought on by a shortage of workers, is anticipated to go away in the near future, whilst the long-term growth of product demand is anticipated. Intelligent pigging is a method for inspecting the interior of pipes to find out whether or not there are elbows, where they are located, and the extent of corrosion and other issues. A rising need for intelligent pipe cleaning services is the result of complicated guidelines for required pipeline inspection and the execution of stringent regulatory laws. By assessing corrosion, metal loss, and other physical problems, pipeline operators can efficiently reduce risk and ensure safety.

Contact Us:

contact@marketdataforecast.com

+1-888-702-9626

comentários