Reporting on the global intelligent pipeline pigging market

The global intelligent pipeline pigging market is estimated to grow at a CAGR of 5.3% during the forecast period 2017 - 2025, and accounts for US$781.3 million by the year 2025.

The report aims to provide an overview of the global intelligent pipeline pigging market, along with detailed segmentation of market by application, technology, end-user, and five major geographical regions. Ease of inspection techniques and growing pipeline infrastructures are expected to upsurge the market for intelligent/smart pipeline pigging.

Global intelligent pipeline pigging market is segmented based on applications as: metal loss/corrosion detection, geometry and bend detection, crack and leak detection, and others. Technologically, the market is segmented into ultrasonic pigging and magnetic flux pigging. On the basis of end-user intelligent pipeline pigging market can be further divided into chemical, oil, gas and others.

There has been tremendous rise in the implementations of pipeline systems in advanced countries as well as in countries with huge reserves of crude oil for transportation of natural gas, crude oil, and petroleum products. Pipelines are considered as the veins of world's economy, and thus the integrity of these systems is an extremely critical aspect to consider, in order to secure systems availability as well as operational safety. Specially designed intelligent pigs help in the prevention of damages to pipes beforehand, and thus prevent unnecessary and unwanted delays or shut-downs in operations.

The full report can be viewed here.

Read the article online at: https://www.worldpipelines.com/business-news/15092017/reporting-on-the-global-intelligent-pipeline-pigging-market/