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Pipeline Monitoring Systems Market By Technology (Perimeter Intrusion Detection, Ultrasonic, Pig Tracking, Smart Ball, Magnetic Flux Leakage, Others), By Vertical (Oil & Gas, Water & Wastewater (Utilities), Others) – Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Summary
Table Of Content

Mishaps in the Oil and Gas Industry Will Drive Demand for Pipeline Monitoring Systems Around the World

The global pipeline monitoring systems market is expected to reach $8.62 billion by 2026, expanding at a 6.9% CAGR from 2018 to 2026. Expanding the pipeline network for the transportation of petroleum products is identified as the major factor driving demand for pipeline monitoring systems worldwide. In addition, stringent regulatory policies that mandate the safe handling of petroleum products during transportation are further stimulating demand for monitoring solutions. Accidental mishaps like the explosion in a gas pipeline in Minnesota have convinced oil-producing companies to adopt automated solutions for end-to-end monitoring of pipeline infrastructure and pipeline operations. On the other hand, limited funds for upgrading aging pipeline infrastructure and the high installation cost of these systems are the major challenges faced by the global pipeline monitoring systems market.

Market Synopsis

Regulated Demand from the Oil and Gas Industry to Drive Growth Prospects

Oil and gas represent the largest end-use segment in the global market for pipeline monitoring systems. It is expected to register the fastest growth during the forecast period, witnessing a growth of 7.2% CAGR during the forecast period from 2018 to 2026. The growth in this segment will be driven by the perpetually growing demand for natural gas and the increasing production of shale gas worldwide. Today, the global natural gas pipeline network spans approximately 2.8 million kilometers. With several forthcoming gas pipeline projects, the pipeline network is expected to expand across the globe in the coming years. The capacity expansion of pipeline projects will fuel demand for pipeline monitoring solutions. Increasing transportation of finished products such as LPG, gasoline, high-speed diesel, and aviation turbine fuel offers strong growth prospects for monitoring solutions in this segment over the forecast period.

North America to Dominate; Asia Pacific to Witness Strong Growth

In terms of value contribution, North America was the largest pipeline monitoring systems market worldwide in 2017. The pipeline network of over 2.3 million km transports over 70% of the natural gas, crude oil, and other petroleum products in North America. With several upcoming pipeline projects, the network is estimated to expand. Pipeline network expansion, coupled with perpetual growth in oil and gas production, is expected to spur demand for pipeline monitoring solutions in the region. In addition, stringent regulations that mandate the use of monitoring solutions for applications, including leak detection, ground movement monitoring, and external interference monitoring, bode well for the market’s growth in the region.

For instance, in October 2015, the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration passed a regulation that mandates the use of monitoring solutions for pipelines carrying hazardous products. The pipeline monitoring systems market in North America will also benefit from the replacement of obsolete systems with state-of-the-art equivalents. Due to growing environmental concerns and pipeline network expansion in these regions, Asia Pacific and MEA are expected to grow faster during the forecast period. The upcoming deal between India and Iran for an undersea gas pipeline worth US$ 4.5 billion, for example, will increase demand for new pipeline monitoring solution installations.

Small-ball technology is slated to yield favorable gains.

Ultrasonics is the most preferred technology used for pipeline monitoring. Thus, the value contribution of the ultrasonic technology segment was the highest in the global pipeline monitoring systems market in 2017. The dominance of ultrasonic technology is largely credited to its widespread usage in the oil and gas industry, especially for leakage detection applications. Smart ball technology, on the other hand, is poised for rapid adoption due to superior features such as easy deployment (easy distribution of balls through pipelines) and long inspection capability in a single use. In addition, the technology is also gaining prominence among oil and gas producers for detecting leakages.

Key Players and Competitive Landscape:

Some of the leading manufacturers profiled in the study include ABB Ltd., Future Fiber Technologies, General Electric Company, Honeywell International Inc., Huawei Technologies Co. Ltd., Radiobarrier, Schneider Electric SE, Siemens AG, Senstar, Inc., Syrinx, and Thales Group.

Periods of History and Forecast

2016 : Historic Year.

2017: Base Year

2018–2026: Forecast Period

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2016 to 2026, considering 2017 as the base year for the research. The CAGR (compound annual growth rate) for each segment and sub-segment is calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The report provides an all-around view of the global pipeline monitoring systems market based on end-use applications and geography. Key segments covered in the report are as follows:

Vertical End-Use Segment (2016-2026; US$ BN)

Oil and Gas
Water and Wastewater (Utilities)
Others (Food & Beverage, etc.)

Technology Sector (2016-2026; USD Billion)

Perimeter intrusion detection
Ultrasonic
Pig Tracking
Smart Ball
magnetic flux leakage
Others

Geography (2016-2026; USD Billion)

North America
United States
rest of North America
Europe
United Kingdom
Germany
France
Rest of Europe
Asia-Pacific (APAC)
China
Japan
India
Rest of Asia Pacific
Rest of the World (RoW)
Middle East and Africa (MEA)
Latin America

Key questions are answered in this report.

What was the global market size for pipeline monitoring systems in 2016 and 2017?
What is the estimated forecast up to 2026?
Which is the largest regional market for pipeline monitoring systems?
Which end-use vertical has the largest penetration of pipeline monitoring systems?
Which is the most preferred technology used for pipeline monitoring?
What are the predominant trends shaping the global market for pipeline monitoring systems?
Which is the most promising, attractive, and least-explored end-use segment in the global market for pipeline monitoring systems?
Who are the leading vendors in the global pipeline monitoring systems market?
What are the key strategies adopted by the leading manufacturers in the global pipeline monitoring systems market?

1. Preface
1.1. Report Description
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase III-Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted

2. Executive Summary
2.1. Global Pipeline Monitoring Systems Market Snapshot
2.1.1. Global Pipeline Monitoring Systems Market by Technology & Systems, 2017
2.1.2. Global Pipeline Monitoring Systems Market by Vertical, 2017
2.1.3. Global Pipeline Monitoring Systems Market by Geography, 2017

3. Global Pipeline Monitoring Systems Market Dynamics
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Impact Analysis of Drivers and Challenges
3.5. Competitive Landscape
3.5.1. Market Positioning of Leading Pipeline Monitoring System Manufacturers, 2017
3.5.2. Strategies Adopted by Leading Pipeline Monitoring System Manufacturers

4. Global Pipeline Monitoring Systems Market Size (US$ Bn), By Technology & Systems, 2016 – 2026
4.1. Overview
4.1.1. Pipeline Monitoring Systems Market Analysis by Technology, 2017 & 2026
4.2. Perimeter Intrusion Detection
4.3. Ultrasonic
4.4. Pig Tracking
4.5. Smart Ball
4.6. Magnetic Flux Leakage
4.7. Others

5. Global Pipeline Monitoring Systems Market Size (US$ Bn), By Vertical, 2016 – 2026
5.1. Overview
5.1.1. Pipeline Monitoring Systems Market Analysis by End-use, 2017 & 2026
5.2. Oil & Gas
5.3. Water & Wastewater (Utilities)
5.4. Others (Food & Beverage, etc.)

6. North America Pipeline Monitoring Systems Market Analysis, 2016 – 2026
6.1. Overview
6.2. North America Pipeline Monitoring Systems Market Size (US$ Bn), By Technology, 2016 – 2026
6.2.1. Perimeter Intrusion Detection
6.2.2. Ultrasonic
6.2.3. Pig Tracking
6.2.4. Smart Ball
6.2.5. Magnetic Flux Leakage
6.2.6. Others
6.3. North America Pipeline Monitoring Systems Market Size (US$ Bn), By Vertical, 2016 – 2026
6.3.1. Oil & Gas
6.3.2. Water & Wastewater (Utilities)
6.3.3. Others (Food & Beverage, etc.)
6.4. North America Pipeline Monitoring Systems Market Size (US$ Bn), By Country, 2016 – 2026
6.4.1. U.S.
6.4.2. Rest of North America

7. Europe Pipeline Monitoring Systems Market Analysis, 2016 – 2026
7.1. Overview
7.2. Europe Pipeline Monitoring Systems Market Size (US$ Bn), By Technology, 2016 – 2026
7.2.1. Perimeter Intrusion Detection
7.2.2. Ultrasonic
7.2.3. Pig Tracking
7.2.4. Smart Ball
7.2.5. Magnetic Flux Leakage
7.2.6. Others
7.3. Europe Pipeline Monitoring Systems Market Size (US$ Bn), By Vertical, 2016 – 2026
7.3.1. Oil & Gas
7.3.2. Water & Wastewater (Utilities)
7.3.3. Others (Food & Beverage, etc.)
7.4. Europe Pipeline Monitoring Systems Market Size (US$ Bn), By Region, 2016 – 2026
7.4.1. U.K.
7.4.2. Germany
7.4.3. France
7.4.4. Rest of Europe

8. Asia Pacific Pipeline Monitoring Systems Market Analysis , 2016 – 2026
8.1. Overview
8.2. Asia Pacific Pipeline Monitoring Systems Market Size (US$ Bn), By Technology, 2016 – 2026
8.2.1. Perimeter Intrusion Detection
8.2.2. Ultrasonic
8.2.3. Pig Tracking
8.2.4. Smart Ball
8.2.5. Magnetic Flux Leakage
8.2.6. Others
8.3. Asia Pacific Pipeline Monitoring Systems Market Size (US$ Bn), By Vertical, 2016 – 2026
8.3.1. Oil & Gas
8.3.2. Water & Wastewater (Utilities)
8.3.3. Others (Food & Beverage, etc.)
8.4. Asia Pacific Pipeline Monitoring Systems Market Size (US$ Bn), By Country, 2016 – 2026
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Rest of Asia Pacific

9. Rest of the World Pipeline Monitoring Systems Market Analysis , 2016 – 2026
9.1. Overview
9.2. Rest of the World Pipeline Monitoring Systems Market Size (US$ Bn), By Technology, 2016 – 2026
9.2.1.1. Perimeter Intrusion Detection
9.2.1.2. Ultrasonic
9.2.1.3. Pig Tracking
9.2.1.4. Smart Ball
9.2.1.5. Magnetic Flux Leakage
9.2.1.6. Others
9.3. Rest of the World Pipeline Monitoring Systems Market Size (US$ Bn), By Vertical, 2016 – 2026
9.3.1.1. Oil & Gas
9.3.1.2. Water & Wastewater (Utilities)
9.3.1.3. Others (Food & Beverage, etc.)
9.4. Rest of the World Pipeline Monitoring Systems Market Size (US$ Bn), By Country, 2016 – 2026
9.4.1.1. Latin America
9.4.1.2. Middle-East & Africa

10. Company Profiles
10.1. Competitive Dashboard
10.1.1. ABB Group
10.1.2. BAE Systems
10.1.3. Future Fiber Technologies
10.1.4. General Electric
10.1.5. Honeywell International Inc.
10.1.6. Huawei Technologies Co. Ltd
10.1.7. Radiobarrier
10.1.8. Schneider Electric Se
10.1.9. Siemens AG
10.1.10. Senstar, Inc.
10.1.11. Syrinix
10.1.12. Thales Group

List of Figures

FIG. 1 Global Pipeline Monitoring Systems: Market Segmentation
FIG. 2 Global Pipeline Monitoring Systems Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Pipeline Monitoring Systems Market, By Technology, 2015 (US$ Bn)
FIG. 5 Global Pipeline Monitoring Systems Market, By Vertical, 2015 (US$ Bn)
FIG. 6 Global Pipeline Monitoring Systems Market, By Geography, 2015 (US$ Bn)
FIG. 7 Global Pipeline Monitoring Systems Market Value and Growth, 2016 – 2026, (US$ Bn and % Y-o-Y)
FIG. 8 See-Saw Analysis : Global Pipeline Monitoring Systems Market
FIG. 9 Market Positioning of Leading Pipeline Monitoring System Manufacturers, 2017
FIG. 10 Global Pipeline Monitoring Systems Market Value Contribution, By Technology, 2017 & 2026 (Value %)
FIG. 11 Global Pipeline Monitoring Systems Market Value and Growth for Perimeter Intrusion Detection, 2016 – 2026, (US$ Bn)
FIG. 12 Global Pipeline Monitoring Systems Market Value and Growth for Ultrasonic Technology, 2016 – 2026, (US$ Bn)
FIG. 13 Global Pipeline Monitoring Systems Market Value and Growth for Pig Tracking Technology, 2016 – 2026, (US$ Bn)
FIG. 14 Global Pipeline Monitoring Systems Market Value and Growth for Smart Ball Technology, 2016 – 2026, (US$ Bn)
FIG. 15 Global Pipeline Monitoring Systems Market Value and Growth for Magnetic Flux Leakage Technology, 2016 – 2026, (US$ Bn)
FIG. 16 Global Pipeline Monitoring Systems Market Value and Growth for Other Technologies, 2016 – 2026, (US$ Bn)
FIG. 17 Global Pipeline Monitoring Systems Market Value Contribution, By Vertical, 2017 & 2026 (US$ Bn)
FIG. 18 Global Pipeline Monitoring Systems Market Value and Growth for Oil & Gas Vertical, 2016 – 2026, (US$ Bn)
FIG. 19 Global Pipeline Monitoring Systems Market Value and Growth for Water & wastewater (Utilities) Vertical, 2016 – 2026, (US$ Bn)
FIG. 20 Global Pipeline Monitoring Systems Market Value and Growth for Other Verticals, 2016 – 2026, (US$ Bn)
FIG. 21 North America Pipeline Monitoring Systems Market Value and Growth, 2016 – 2026, (US$ Bn) (Y-o-Y %)
FIG. 22 Europe Pipeline Monitoring Systems Market Value and Growth, 2016 – 2026, (US$ Bn) (Y-o-Y %)
FIG. 23 Asia Pacific Pipeline Monitoring Systems Market Value and Growth, 2016 – 2026, (US$ Bn) (Y-o-Y %)
FIG. 24 RoW Pipeline Monitoring Systems Market Value and Growth, 2014– 2023, (US$ Bn) (Y-o-Y %)

List of Tables

TABLE 1 Market Snapshot: Global Pipeline Monitoring Systems Market
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 6 North America Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 7 North America Pipeline Monitoring Systems Market Value, By Country, 2016 – 2026 (US$ Bn)
TABLE 8 U.S. Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 9 U.S. Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 10 Rest of North America Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 11 Rest of North America Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 12 Europe Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 13 Europe Pipeline Monitoring Systems Market Value, By Vertical, 2015 – 2023 (US$ Bn)
TABLE 14 Europe Pipeline Monitoring Systems Market Value, By Country, 2016 – 2026 (US$ Bn)
TABLE 15 U.K. Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 16 U.K. Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 17 France Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 18 France Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 19 Germany Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 20 Germany Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 21 Rest of Europe Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 22 Rest of Europe Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 23 Asia Pacific Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 24 Asia Pacific Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 25 Asia Pacific Pipeline Monitoring Systems Market Value, By Country, 2016 – 2026 (US$ Bn)
TABLE 26 China Pipeline Monitoring Systems Market Value, By Technology, 2014- 2023 (US$ Bn)
TABLE 27 China Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 28 Japan Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 29 Japan Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 30 India Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 31 India Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 32 Rest of Asia Pacific Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 33 Rest of Asia Pacifc Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 34 Rest of World Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 35 Rest of World Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 36 Rest of World Pipeline Monitoring Systems Market Value, By Region, 2016 – 2026 (US$ Bn)
TABLE 37 Latin America Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 38 Latin America Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)
TABLE 39 Middle-East and Africa Pipeline Monitoring Systems Market Value, By Technology, 2016 – 2026 (US$ Bn)
TABLE 40 Middle-East and Africa Pipeline Monitoring Systems Market Value, By Vertical, 2016 – 2026 (US$ Bn)

Frequently Asked Questions:

What is the size of Pipeline Monitoring Systems Market?

The market for Pipeline Monitoring Systems Market is expected to reach US$ 8.62 Bn by 2026.

What is the Pipeline Monitoring Systems Market CAGR?

The Pipeline Monitoring Systems Market is expected to see significant CAGR growth over the coming years, at 6.9%.

What is the Forecast period considered for Pipeline Monitoring Systems Market?

The report is forecasted from 2018-2026.

What is the base year considered for Pipeline Monitoring Systems Market?

The base year of this report is 2017.

Who are the major players in this market?

ABB Ltd., Future Fiber Technologies, General Electric Company, Honeywell International Inc., Huawei Technologies Co. Ltd., Radiobarrier, Schneider Electric SE, Siemens AG, Senstar, Inc., Syrinx, and Thales Group. are some of the major players in the global market.

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