Intelligent Pigging Market Analysis North America : US, Canada, China, Russia, UK - Size and Forecast 2023-2027

Global Intelligent Pigging Market Forecast 2023-2027 

The Global Intelligent Pigging Market size is estimated to grow by USD 211.13 million at a CAGR of 5.41% between 2022 and 2027. The growth of the market is driven by key factors that are reshaping pipeline inspection. The increasing adoption of intelligent pigging over traditional methods meets the demand for advanced inspection solutions. Additionally, regulations mandating frequent pipeline inspections and the growing demand for oil and natural gas fuel market growth. These factors underscore the importance of intelligent pigging in ensuring pipeline safety and efficiency. This market research and analysis report includes key market drivers, trends, and challenges during the forecasted period. 

What will be the size of the Market During the Forecast Period?

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The market is witnessing significant growth, driven by increasing demand for advanced pipeline inspection solutions in various industries. Cleansing activities play a crucial role in maintaining pipeline integrity by removing debris and contaminants. With the implementation of magnetic flux leakage technology and ultrasonic technology, pipelines can be thoroughly inspected for deformities and defects, ensuring safe and efficient operations. Additionally, caliper technology corrosion detection, along with geometry measurement and bend detection capabilities, allows for comprehensive assessment of these conditions, including crack and leak detection. As the petroleum gas industry continues to expand, the adoption of intelligent pigging solutions becomes imperative for ensuring the reliability and longevity of pipeline infrastructure.

Market Segmentation

The market applies advanced technology to ensure safety and integrity in the oil & gas industry and other industries. Pipeline projects rely on intelligent pigging for real-time monitoring, defect detection, and risk mitigation. Exploration and production activities benefit from accurate assessments of pipeline conditions, particularly in shale formations and gas hydrate environments. Specialized tools like caliper pigs measure wall thickness and diameter, crucial for identifying corrosion and erosion. Long-distance pipelines require sophisticated pigging solutions to cover vast lengths effectively. Overall, intelligent pigging plays a vital role in maintaining pipeline integrity, enhancing safety, and reducing downtime and maintenance costs.

By Application

The gas segment is estimated to witness significant growth during the forecast period. Some of the key factors which are significantly contributing to the growth of the segment include the rising supplies of liquefied natural gas and the availability of shale gas. As there is an increase in planning for several pipelines in the coming years, it is expected to fuel the construction of natural gas pipelines.

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The gas segment was the largest segment and was valued at USD 486.73 million in 2017. Most of these pipelines are operated by national governments for energy security as well as the fulfillment of their own energy requirements. Furthermore, the increase in gas trade leads to a growing concern regarding gas transportation and security. Stress, cracking, and internal and external corrosion are some of the periodic issues associated with gas pipelines. Thus, such challenges can be resolved using protective measures, including protective coatings, ILIs(in-line inspections), and pressure testing.  These issues fuel the development of inspection tools, including intelligent pigs. Hence, such factors are expected to fuel the growth of the segment, which in turn will drive the market growth during the forecast period.

Regional Analysis

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North America is estimated to contribute 48% 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. One of the main countries which are significantly contributing to the growth of the global market in North America is the US due to the increase in the construction of oil and gas pipelines in the region. In the US, several oil and gas pipelines were planned in 2019 and 2020 in order to connect consumers and export terminals in the coastal areas of the Gulf of Mexico with the Permian Basin.

For instance, the oil and gas industry in Texas, US, has been flourishing due to the rapid entry of pipelines entering services. Additionally, several new oil companies are in line which will fuel the growth of the market in the region. Furthermore, the Jupiter oil pipeline is the longest upcoming project from 2021 to 2025, with a proposed length of 1,094 km.  Hence, such developments are expected to drive market growth in North America during the forecast period.

Market Dynamics and Customer Landscape

The market focuses on pipeline safety and efficiency in exploration and production activities. Using advanced technologies like caliper pigs, magnetic flux leakage, and ultrasonic technology, it inspects pipeline integrity, detecting deformities, wall thickness, and corrosion. This aids in maintaining the integrity of these projects, especially in oil and gas production. Intelligent pigging ensures thorough cleansing activities and identifies crack and leak detection, enhancing petroleum gas transportation safety. With a focus on pipeline length and inner wall conditions, this market drives the adoption of intelligent pigging for comprehensive inspection, promoting the reliability and security of global energy infrastructure.

Key Market Driver

One of the key factors driving the market growth is the additional applications of intelligent pigging over traditional pigging. In the oil and gas industry, pipeline inspection and cleaning are critical for maintaining the integrity of the network. Neglecting regular inspection and cleaning can lead to safety hazards and reduce operational efficiency. To address these concerns, inspection devices such as pigs equipped with ultrasonic testing and magnetic flux leakage testing capabilities are employed. These advanced technologies enable the detection of corrosion, deformities, erosion, metal loss, and pitting, particularly crucial during offshore deep-water exploration activities and in pipelines transporting shale gas or petroleum products.

The incorporation of GPS capability in these inspection devices, along with robust advancements in inspection technologies by Original Equipment Manufacturers, enhances the accuracy and efficiency of maintenance procedures. Additionally, the pigging process allows for uninterrupted flow while effectively removing debris and dirt, ensuring optimal pipeline performance. Such technological advancements and versatile applications are expected to drive market growth during the forecast period.

Significant Market Trends

A key factor shaping the market growth is the economic benefits of pipeline transportation.  The main goal of pipeline transportation is to make sure of the secure movement of the products inside the pipelines toward their destinations.  Some of the main benefits associated with pipeline transportation include cost efficiency, fewer safety concerns, and employment generation.

Moreover, there is increasing adoption of pipeline transportation across industries as it is the most economical method to transport oil and gas products when compared to rail and truck. Furthermore, the cost involved in transportation between both methods will significantly increase the profit for the oil and gas companies. Furthermore, the risk associated with pipeline transportation is considerably low. Hence, such factors are expected to drive market trends during the forecast period.

Major Market Challenge

The rise of renewable energy is one of the key challenges hindering the market growth. There is a significant cost associated with electricity generation using renewables when compared to conventional sources such as fossil fuels. However, there has been an increase in the adoption of renewables due to low carbon emissions.

Moreover, the increasing shift to renewable sources of energy will minimize the dependence on fossil fuels, which will negatively impact the oil and gas industry, which in turn will adversely affect the industry. Hence, such factors are expected to hinder market growth during the forecast period.

Customer Landscape

The market growth analysis 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 market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Who are the Major Market Companies?

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.

Baker Hughes Co: The company offers intelligent pigging services such as Ultrasonic Testing (UT) and Emat Crack Detection, offering advanced solutions for pipeline condition monitoring and defect detection.

The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

• Applus Services Technologies SL
• Dacon Inspection Technologies Co. Ltd.
• Dar Al Handasah Consultants Shair and Partners Holdings Ltd.
• Enduro-Pipeline Services Inc.
• GeoCorr LLC
• i2i-Pipelines
• Intertek Group Plc
• Mistras Group Inc.
• Naftoserwis Sp z o o
• NDT Global GmbH and Co. KG
• Pigtek Ltd.
• PIPECARE Group AG
• Romstar SDN BHD
• ROSEN Swiss AG
• Russell NDE Systems Inc.
• SGS SA
• T.D. Williamson Inc.
• Xylem Inc.
• China National Petroleum Corp.

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.

Market Analyst Overview

The market plays a crucial role in oil and gas production by employing advanced technologies for efficient pipeline maintenance and integrity assessment. Cleansing activities ensure the smooth operation of pipelines, while magnetic flux leakage technology, ultrasonic technology, and Caliper technology Corrosion Detection technologies enable precise detection of defects like corrosion, Crack & Leak Detection. Inner walls are thoroughly inspected using Geometry Measurement & Bend Detection methods. Petroleum gas pipelines benefit from intelligent pigging solutions, ensuring safe and reliable transportation. With its ability to detect and address potential issues proactively, intelligent pigging technology remains indispensable in maintaining the integrity and longevity of oil and gas pipelines worldwide.

The market is witnessing remarkable growth driven by the need for advanced inspections and maintenance of aging pipelines in the Oil & gas industry. With a vast consumer base and intense competition among manufacturers, technological advancement in intelligent pigging systems has become imperative. These systems, equipped with Metal Loss/Corrosion Detection Magnetic Flux Leakage and ultrasonic tests, provide accurate diagnosis of pipeline projects and conditions. As the network of pipelines expands globally, companies are investing in data platforms for efficient pipeline management. However, challenges such as price wars and fluctuating monetary conditions underscore the importance of innovative solutions to ensure the integrity and reliability of pipeline infrastructure in fuel stations and beyond.

The market is also witnessing significant interest from investors due to its potential for Capital investments despite the High upfront cost associated with implementation. It plays a crucial role in enhancing Exploration and production activities, especially in Unconventional energy sources like Gas hydrates. Within the market, the Caliper pigging segment is gaining traction with the use of specialized tools such as Caliper pigs to assess Pipeline geometry, including Diameter and Ovality, and to detect issues like Scale buildup, Physical damage, and variations in Wall thickness. Intelligent pigging solutions cater to diverse Pipeline sizes, Pipeline configurations, and Pipeline length, serving major players like TC Energy (TCE) in their quest for pipeline integrity and operational efficiency.

Segment Overview

The market forecasting report covers market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

• Application Outlook 
  • Gas
  • Oil
• Technology Outlook
  • Magnetic flux leakage
  • Ultrasonic
  • Caliper
• Geography Outlook 
  • North America
    • The U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • South America
    • Chile
    • Argentina
    • Brazil
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

 

Intelligent Pigging Market Scope
Market Report Coverage	Details
Page number	159
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 5.41%
Market growth 2023-2027	USD 211.13 million
Market structure	Fragmented
YoY growth 2022-2023(%)	5.01
Regional analysis	North America, Europe, APAC, Middle East and Africa, and South America
Performing market contribution	North America at 48%
Key countries	US, Canada, China, Russia, and UK
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Applus Services Technologies SL, Baker Hughes Co., Dacon Inspection Technologies Co. Ltd., Dar Al Handasah Consultants Shair and Partners Holdings Ltd., Enduro Pipeline Services Inc., GeoCorr LLC, i2i Pipelines, Intertek Group Plc, Mistras Group Inc., Naftoserwis Sp z o o, NDT Global GmbH and Co. KG, Pigtek Ltd., PIPECARE Group AG, Romstar SDN BHD, ROSEN Swiss AG, Russell NDE Systems Inc., SGS SA, T.D. Williamson Inc., Xylem Inc., and China National Petroleum Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the market between 2023 and 2027
• Precise estimation of the market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market companies

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