Enjoy complimentary customisation on priority with our Enterprise License!
The Onshore Oil and Gas Pipeline market is estimated to increase by USD 16.68 billion at a CAGR of 4.97% between 2022 and 2027. The market's growth is influenced by several factors, including the rising global demand for energy, which drives the need for efficient transportation methods like pipelines. The economic advantages of pipeline transportation, such as lower costs and higher efficiency compared to other methods, also contribute to market growth. Additionally, the recent increase in exploration and production activities, particularly in emerging markets, is further boosting the demand for pipeline infrastructure. These factors collectively indicate a positive growth trajectory for the market in the coming years.
To learn more about this report, Download Report Sample
This report extensively covers market segmentation by application (gas pipelines and oil pipelines) and type (SSAW pipes, LSAW pipes, ERW pipes, and others). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
The market share growth of the gas pipeline segment will be significant during the forecast period. The pipelines are used for transporting the fuel. The pipelines can be gathering lines, transmission lines, or distribution lines. The global demand is increasing with an important shift toward gas as fuel for power generation and domestic consumption. Natural gas for power generation requires a continuous supply that is achieved by constructing pipelines from the supply point to the power plant. With natural gas-fired power plants gaining prominence, pipelines will witness an increased demand during the forecast period.
Get a glance at the market contribution of various segments Request a PDF Sample
The pipeline segment was valued at USD 32.54 billion. In developing nations, domestic cooking fuel that is supplied in the city fuel distribution (CGD) network is witnessing a rapid change from liquefied petroleum fuel (LPG) to natural fuel. It is lighter than LPG and possesses the same burning characteristics as LPG. Also, the supply to domestic households is done through pipelines instead of LPG cylinders. This results in continuous and reliable supply, keeping logistics costs low. The increase in CGD activities in countries such as India will increase the demand for natural fuel and pipelines during the forecast period.
For more insights on the market share of various regions Request PDF Sample now!
APAC is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
APAC has experienced high oil demand owing to rising consumption in countries such as China, India, Japan, South Korea, and Indonesia. The growing oil demand has put pressure on these countries as well as globally to meet the high demand in the future. This calls for the need to increase exploration and production (E&P) activities in the region, which will drive the growth of the market during the forecast period. New exploration policies have come up in India, which are expected to boost activities in the upstream industry during the forecast period. India aimed to double its domestic oil production by 2022 with the help of changes in policies. New exploration activities, along with existing plans, will require the laying of the crude oil and natural gas pipeline networks for easy transportation of the end products, in turn driving the growth of the market in APAC.
The market is a crucial component of the energy sector, facilitating the transportation of natural gas, crude oil, and petroleum products. With the increasing focus on power generation and the need for fossil fuels, the demand for efficient pipeline networks has grown. The market is influenced by factors such as domestic markets, international trade, and pipeline network expansion projects. Companies like IndianOil play a significant role in the development and maintenance of these pipelines, ensuring a steady supply of energy resources to meet consumer needs. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The surge in exploration and production activities is notably driving market growth. There has been an increase in E&P activities, mainly due to the increasing investments in the oil and fuel E&P sector. Increasing E&P activities are taking place in both onshore and offshore areas. In onshore areas, unconventional E&P activities, such as shale, are increasing significantly.
Moreover, the depletion from easily accessible onshore locations is also encouraging oil and fuel E&P companies to look for less explored areas. This is supported by underground reservoirs, domestic markets, international markets, pipelines, petroleum products, gas pipelines, the energy sector, and consumer needs. Onshore oil reserves are approaching maturity or beginning to face depletion. This is leading upstream companies to shift their focus to deep-water and ultra-deep-water oil and fuel wells due to their large reserves and untapped potential. The future of deep-water and ultra-deep-water projects is expected to be bright because of the rising prices of crude oil. Thus, a surge in E&P activities will spur the growth of the market during the forecast period.
Satellite-based pipeline monitoring systems are the primary trend in the market. Satellite communication is the only available and cost-effective Supervisory Control and Data Acquisition (SCADA) communication option for the effective and efficient monitoring and management of pipeline control valves in harsh terrain such as mountainous regions. For instance, SatSCADA, offered by Bentek Systems, is a satellite-based pipeline remote monitoring SCADA platform. It features satellite-based terminals that are connected to the satSCADA server via an Inmarsat Satellite Network. The SatSCADA system utilizes the Inmarsat geosynchronous satellite, which enables it to get global coverage without the need to reconfigure or recommission the system. With benefits such as safety, reliability, and rapid deployment, satellite-based monitoring and communication such as SatSCADA have widespread application potential in the future.
Risks involved in oil and gas transportation via pipelines is the major challenge impeding market growth. The use of pipelines to transport is an old practice, and the industry has been using it for several decades. However, since many of these pipelines are very old, their continued use involves many risks. This is because the pipelines are built from iron alloys or steel, which tend to corrode gradually with time. Corrosion is the main reason for the failure of pipelines, as corrosion leads to leakage from the pipelines, which can have a significantly negative impact on the surrounding environment as well as the people living nearby. Fuel theft is another major risk associated with oil and fuel transportation via pipelines. There have been many cases of fuel theft from oil and fuel pipelines due to the lack of surveillance. Thus, the risks involved in oil and fuel transportation via pipelines can pose a challenge to the growth of the market during the forecast period.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
BP Plc - The company offers onshore oil and gas pipelines such as crude oil pipelines and Olympic pipelines under the Oil production and operations segment. Under this segment, the company comprises regions with upstream activities that predominantly produce crude oil.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
The market plays a crucial role in energy supply chains, connecting production sites to consumers. Factors such as LNG trade, shale gas deposits, and renewable sources impact its growth. The Indian government has invested in the National Gas Grid to boost infrastructure. Advancements in AI, data science, and cloud computing are enhancing pipeline integrity and operations. However, challenges like carbon emissions, regulations, and environmental hazards persist. To ensure a sustainable energy future, the industry is exploring hydrogen and CCS technology. Diversification and innovation are key for profitability and environmental protection.
The market is influenced by various factors, including onshore exploration and production projects and international trade of natural gas. It involves the transportation of NGL (Natural Gas Liquids) and other oil products via cross-country pipelines to meet consumer needs for electricity generation and other uses. To address carbon emission reduction goals, the industry is exploring renewable resources and cleaner energy sources like green hydrogen and blue hydrogen. However, challenges such as aging pipelines, structural degradation, and environmental concerns require cutting-edge technologies and safety measures to ensure viability and sustainable growth.
Market Scope |
|
Report Coverage |
Details |
Page number |
168 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.97% |
Market growth 2023-2027 |
USD 16.68 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
4.56 |
Regional analysis |
APAC, North America, Middle East and Africa, Europe, and South America |
Performing market contribution |
APAC at 43% |
Key countries |
US, Canada, China, India, and Russia |
Competitive landscape |
Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Abu Dhabi National Oil Co., ArcelorMittal SA, Baosteel Group Corp., Bechtel Corp., BP Plc, Burrow Global LLC, Essar Global Fund Ltd., GAIL (India) Ltd., General Electric Co., Gulf Companies, Hyundai Heavy Industries Co. Ltd., Jiangsu Yulong Steel Pipe Technology Co., Ltd., JSW STEEL Ltd., SAIPEM SpA, Salzgitter AG, Sentiec Oyj, Shengli Oil and Gas Pipe Holdings Ltd., TechnipFMC plc, Tenaris SA, and Zhejiang Kingland Pipeline and Technologies Co. Ltd. |
Market dynamics |
Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our market research report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.