Global oil and gas transportation market report published

The report claims that the market will grow at a CAGR of 7% during the period 2018-2022.

“Global Oil and Gas Transportation Market 2018-2022” has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects over the coming years and also includes a discussion of the key vendors operating in this market.

Oil and gas transportation involves the transportation of crude oil, natural gases, and refined crude oil products. It also involves the movement of small-sized machineries such as surveying equipment, echo meter, 2-phase separator, and downhole PC pump that are used for crude oil and gas extraction. To calculate the market size, the report considers the revenue generated from the sales generated through several modes of oil and gas transportation including pipelines, railroads, tankers and trucks.

One of the key trends impacting this market is the emergence of advanced oil and gas pipeline transportation monitoring technologies. Oil and gas companies are focusing on adopting advanced technologies to ensure the safety of oil and gas pipelines and workers given the hazardous nature of the industry.

The key vendors are listed as:

• Agility
• BDP International
• DB Schenker
• Deutsche Post DHL Group
• Kuehne + Nagel

For more information about the report click here.