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Pipeline Pigging Systems Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: May 2022
  • Pages: 120
  • SKU: IRTNTR45065
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The predicted growth of the pipeline pigging systems market share from 2021 to 2026 is USD 336.87 million at a progressing CAGR of 2.88%.

This pipeline pigging systems market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The pipeline pigging systems market report also offers information on several market vendors, including 3P Services GmbH and Co KG, Aubin Ltd., Baker Hughes Co., CIRCOR International Inc., Dacon Inspection Technologies Co. Ltd., Diamond Edge Services, Eddyfi NDT Inc., Enduro Pipeline Services Inc., GeoCorr LLC, International Pipeline Products Ltd., Pigs Unlimited International LLC, Pigtek Ltd, PIPECARE Group AG, Russell NDE Systems Inc., and T.D. Williamson Inc. among others.

This report extensively covers pipeline pigging systems market segmentation by the following:

  • Application - Gas and oil
  • Geography - APAC, North America, Europe, Middle East and Africa, and South America

What will the Pipeline Pigging Systems Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Pipeline Pigging Systems Market Size for the Forecast Period and Other Important Statistics

 

Pipeline Pigging Systems Market: Key Drivers, Trends, and Challenges

The economic benefits of pipeline transportation is notably driving the pipeline pigging systems market growth, although factors such as the complexities associated with small-diameter pipelines may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the pipeline pigging systems industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Pipeline Pigging Systems Market Driver

  • One of the key factors driving growth in the pipeline pigging systems market is the economic benefits of pipeline transportation.
  • The primary objective of pipeline transportation is to ensure a secure movement of the product inside the pipelines toward their destinations.
  • Cost efficiency, fewer safety concerns, and employment are a few other primary benefits that are associated with pipeline transportation.
  • Pipeline transportation is an economical method to transport oil and gas products compared with rail and truck.
  • The cost difference would fetch the oil and gas companies significant profits. As a result, companies will shift to pipeline transportation from other alternatives.
  • The above factors cumulatively drive the adoption of pipeline transportation for oil and gas. This, in turn, will drive the demand for pipeline pigging systems, which will contribute significantly to the growth of the global pipeline pigging systems market during the forecast period.

Key Pipeline Pigging Systems Market Trend

  • The development of intelligent pigs is a pipeline pigging systems market trend that is expected to have a positive impact in the coming years.
  • Intelligent pigs use several methods for inspecting pipelines. The sizing of pigs employs one or more notched metal plates as gauges. These pigs are used to find any evidence of internal or external corrosion, laminations, cracks, or any other defects.
  • Pigs also use sensors to inspect pipelines and record data for further analysis. The devices incorporate other technologies such as magnetic flux leakage (MFL), transverse flux leakage (TFL), and ultrasonic testing (UT) to carry out pipeline inspections.
  • Optimizing big data analytics and advances in electromagnetic sensor technology have improved pipeline integrity management for many vendors.
  • The vendors are developing a disruptive pipeline inspection technique that can be used in all mediums without impacting the production negatively. Therefore, the development of intelligent pigging systems is expected to positively influence the growth of the global pipeline pigging systems market.

Key Pipeline Pigging Systems Market Challenge

  • The complexities associated with small-diameter pipelines will be a major challenge for the pipeline pigging systems market during the forecast period.
  • Pigging pipelines with small diameters and bends is difficult. Besides, difficulty while inserting and removing pigs, the insufficient flow of materials to overcome friction and drive pigs along the pipe channel, or the presence of physical barriers that stop pigs from moving past them make pipelines unpiggable.
  • A few companies offer pigs specifically for small-diameter pipelines. As a result, operators of small-diameter pipelines can inspect to some extent.
  • The other few physical characteristics that increase complexities in pigging are multi-diameter, small diameter with tight bends, thick- and thin-walled pipelines, over or under-sized valves, and repair sections of different sizes.
  • The operational issues that pigs face are low or no flow condition, difficulty in accessing in case of offshore platforms, pipelines without a pig launcher or receiver, and cleanliness of pipes Therefore, these complexities associated with small-diameter pipelines will significantly impede the growth of the global pipeline pigging systems market.

This pipeline pigging systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global pipeline pigging systems market as a part of the global oil and gas equipment and services market within the global oil and gas market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the pipeline pigging systems market during the forecast period.

Who are the Major Pipeline Pigging Systems Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 3P Services GmbH and Co KG
  • Aubin Ltd.
  • Baker Hughes Co.
  • CIRCOR International Inc.
  • Dacon Inspection Technologies Co. Ltd.
  • Diamond Edge Services
  • Eddyfi NDT Inc.
  • Enduro Pipeline Services Inc.
  • GeoCorr LLC
  • International Pipeline Products Ltd.
  • Pigs Unlimited International LLC
  • Pigtek Ltd
  • PIPECARE Group AG
  • Russell NDE Systems Inc.
  • T.D. Williamson Inc.

 

This statistical study of the pipeline pigging systems market encompasses successful business strategies deployed by the key vendors. The pipeline pigging systems market is fragmented and the vendors are deploying growth strategies such as focusing on R&D to compete in the market.

Product Insights and News

  • 3p-services.com - The company offers pipeline pigging systems such as caliper and gauging pigs of all sizes for inspection and cleaning of both onshore and offshore pipelines.

  • 3p-services.com - Through the product segment, the company offers Tankfloor Scanner and Pipe Scanner - Handy Scan.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The pipeline pigging systems market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Pipeline Pigging Systems Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the pipeline pigging systems market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Pipeline Pigging Systems Market?

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46% of the market’s growth will originate from APAC during the forecast period. China is the key market for pipeline pigging systems in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing industrialization, urbanization, population, and enhanced standards of living will facilitate the pipeline pigging systems market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The demand for oil and gas was adversely impacted in the first half of 2020, owing to the lockdown imposed in several countries in the region to contain the spread of COVID-19. As a result, manufacturing units have been forced to close, which disrupted the supply chain of production of oil and gas in the region in 2020. However, due to widespread vaccination drives across the region, lockdown restrictions were lifted in a large number of nations in the region in 2021. It allowed numerous industrial and development activities to resume, which is projected to fuel the regional pipeline pigging systems market's expansion throughout the forecast period.

What are the Revenue-generating Application Segments in the Pipeline Pigging Systems Market?

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The pipeline pigging systems market share growth by the gas segment will be significant during the forecast period. The growth would be attributed to increasing natural gas production worldwide. The basis of the growing use and production of natural gas is linked to the environmental benefits relative to other fossil fuels, particularly GHG emissions. Increased support from governments because of the shift toward a new source of clean energy has contributed significantly to the growth of the market segment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the pipeline pigging systems market size and actionable market insights on post COVID-19 impact on each segment.

 

Pipeline Pigging Systems Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 2.88%

Market growth 2022-2026

$ 336.87 million

Market structure

Fragmented

YoY growth (%)

2.25

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 46%

Key consumer countries

US, Canada, China, Russia, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

3P Services GmbH and Co KG, Aubin Ltd., Baker Hughes Co., CIRCOR International Inc., Dacon Inspection Technologies Co. Ltd., Diamond Edge Services, Eddyfi NDT Inc., Enduro Pipeline Services Inc., GeoCorr LLC, International Pipeline Products Ltd., Pigs Unlimited International LLC, Pigtek Ltd, PIPECARE Group AG, Russell NDE Systems Inc., and T.D. Williamson Inc.

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 Pipeline Pigging Systems Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive pipeline pigging systems market growth during the next five years
  • Precise estimation of the pipeline pigging systems market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the pipeline pigging systems industry across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of pipeline pigging systems market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Gas - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Gas - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Gas - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Gas - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Gas - Year-over-year growth 2021-2026 (%)
    • 5.4 Oil - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Oil - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Oil - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Oil - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Oil - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Application
      • Exhibit 36: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Russia - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Russia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Russia - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Russia - Year-over-year growth 2021-2026 (%)
    • 7.11 Canada - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 3P Services GmbH and Co KG
              • Exhibit 89: 3P Services GmbH and Co KG - Overview
              • Exhibit 90: 3P Services GmbH and Co KG - Product / Service
              • Exhibit 91: 3P Services GmbH and Co KG - Key offerings
            • 10.4 Baker Hughes Co.
              • Exhibit 92: Baker Hughes Co. - Overview
              • Exhibit 93: Baker Hughes Co. - Business segments
              • Exhibit 94: Baker Hughes Co. - Key news
              • Exhibit 95: Baker Hughes Co. - Key offerings
              • Exhibit 96: Baker Hughes Co. - Segment focus
            • 10.5 CIRCOR International Inc.
              • Exhibit 97: CIRCOR International Inc. - Overview
              • Exhibit 98: CIRCOR International Inc. - Business segments
              • Exhibit 99: CIRCOR International Inc. - Key news
              • Exhibit 100: CIRCOR International Inc. - Key offerings
              • Exhibit 101: CIRCOR International Inc. - Segment focus
            • 10.6 Dacon Inspection Technologies Co. Ltd.
              • Exhibit 102: Dacon Inspection Technologies Co. Ltd. - Overview
              • Exhibit 103: Dacon Inspection Technologies Co. Ltd. - Product / Service
              • Exhibit 104: Dacon Inspection Technologies Co. Ltd. - Key offerings
            • 10.7 GeoCorr LLC
              • Exhibit 105: GeoCorr LLC - Overview
              • Exhibit 106: GeoCorr LLC - Product / Service
              • Exhibit 107: GeoCorr LLC - Key offerings
            • 10.8 International Pipeline Products Ltd.
              • Exhibit 108: International Pipeline Products Ltd. - Overview
              • Exhibit 109: International Pipeline Products Ltd. - Product / Service
              • Exhibit 110: International Pipeline Products Ltd. - Key offerings
            • 10.9 Pigs Unlimited International LLC
              • Exhibit 111: Pigs Unlimited International LLC - Overview
              • Exhibit 112: Pigs Unlimited International LLC - Product / Service
              • Exhibit 113: Pigs Unlimited International LLC - Key offerings
            • 10.10 PIPECARE Group AG
              • Exhibit 114: PIPECARE Group AG - Overview
              • Exhibit 115: PIPECARE Group AG - Product / Service
              • Exhibit 116: PIPECARE Group AG - Key offerings
            • 10.11 Russell NDE Systems Inc.
              • Exhibit 117: Russell NDE Systems Inc. - Overview
              • Exhibit 118: Russell NDE Systems Inc. - Product / Service
              • Exhibit 119: Russell NDE Systems Inc. - Key offerings
            • 10.12 T.D. Williamson Inc.
              • Exhibit 120: T.D. Williamson Inc. - Overview
              • Exhibit 121: T.D. Williamson Inc. - Product / Service
              • Exhibit 122: T.D. Williamson Inc. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 123: Inclusions checklist
                • Exhibit 124: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 125: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 126: Research methodology
                • Exhibit 127: Validation techniques employed for market sizing
                • Exhibit 128: Information sources
              • 11.5 List of abbreviations
                • Exhibit 129: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              The pipeline pigging systems market market growth will increase by $$ 336.87 million during 2023-2026.
              The pipeline pigging systems market market is expected to grow at a CAGR of 2.88% during 2023-2026.
              Technavio has segmented the pipeline pigging systems market market by application (Gas and Oil) and geographic (APAC, North America, Europe, Middle East and Africa, and South America).
              3P Services GmbH and Co KG, Aubin Ltd., Baker Hughes Co., CIRCOR International Inc., Dacon Inspection Technologies Co. Ltd., Diamond Edge Services, Eddyfi NDT Inc., Enduro Pipeline Services Inc., GeoCorr LLC, International Pipeline Products Ltd., Pigs Unlimited International LLC, Pigtek Ltd, PIPECARE Group AG, Russell NDE Systems Inc., T.D. Williamson Inc. are a few of the key vendors in the pipeline pigging systems market market.
              APAC will register the highest growth rate of 46% among the other regions. Therefore, the pipeline pigging systems market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the pipeline pigging systems market market growth are:
              • economic benefits of pipeline transportation
              • Development of intelligent pigs
              The pipeline pigging systems market market vendors should focus on grabbing business opportunities from the gas segment as it accounted for the largest market share in the base year.
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