October 1, 2019 - 5:30 AM EDT
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Growth of Oil and Gas Pipeline Market to Be Impacted by the Advances in Pipeline Inspection | Technavio

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The market will accelerate at a CAGR of close to 6% between 2019-2023

The report, oil and gas pipeline market 2019-2023, has been added to Technavio's catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on type, application and geography for the forecast period 2019-2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191001005533/en/

Technavio has announced its latest market research report titled global oil and gas pipeline market 2019-2023. (Graphic: Business Wire)

Technavio has announced its latest market research report titled global oil and gas pipeline market 2019-2023. (Graphic: Business Wire)

To learn more about the global trends impacting the future of market research: Download Free Sample Report

The report on the oil and gas pipeline market includes:

Oil and gas pipeline market analysis and forecast 2019-2023: Features

  • Competitive landscape
  • Market segmentation
    • Type
    • Application
    • Geography
  • Market drivers
  • Market trends
  • Market challenges
  • Five forces analysis
  • Market landscape
  • Market sizing & forecast

Oil and gas pipeline Market 2019-2023: Competitive landscape

  • Vendors covered
  • Vendor classification
    • BP Plc
    • Chevron Corp.
    • Mott MacDonald Group Ltd.
    • Saipem Spa
    • TechnipFMC Plc
    • Tenaris SA

Oil and Gas Pipeline Market Landscape 2019-2023: Geographic Landscape

  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023

Oil and gas pipeline Market Landscape 2019-2023: Type

  • Oil - Market size and forecast 2018-2023
  • Gas - Market size and forecast 2018-2023

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Economics benefits of pipelines over other oil and gas transportation modes will drive the oil and gas pipeline market

The preference for pipelines for transporting oil and gas for long distances is higher over other modes of transportation such as road, rail, marine vessels, or tankers. This is mainly because pipelines involve lower operation and maintenance costs, lower consumption of energy, and higher reliability. Thus, the high demand for pipelines will drive market growth during the forecast period.

Advances in pipeline inspection – An emerging trend in the oil and gas pipeline market

The market has witnessed the emergence of advanced technologies for the inspection of pipelines. SCADA systems are being used to control, monitor, gather, and process real-time data which will help in monitoring pipeline control valves at remote locations. Helicopters equipped with spectroscopic systems are also being used for aerial safety inspection of oil and gas pipelines.

Other Key Topics Covered in the Report are:

MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

Get Full Report: https://www.technavio.com/report/global-oil-and-gas-pipeline-market-industry-analysis

CUSTOMER LANDSCAPE

DECISION FRAMEWORK

DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

MARKET TRENDS

  • Advances in pipeline inspection
  • Digitization of pipeline networks
  • Rising cross-border pipelines

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Browse Related Energy Reports:

  • Global Oil and Gas Separators Market 2019-2023: The global oil and gas separators market is forecast to grow at a CAGR of close to 3% during the period 2018-2023. The oil and gas separators market size will increase by USD 576.1 million during the forecast period of 2019-2023.
  • Global Oil and Gas Conductor Pipe Market 2019-2023: The global oil and gas conductor pipe market is forecast to grow at a CAGR of close to 7% during the period 2019-2023. The oil and gas conductor pipe market size will increase by USD 317.22 million during the forecast period of 2019-2023.

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Source: Business Wire (October 1, 2019 - 5:30 AM EDT)

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