The size of the pipeline transportation market was estimated at 19 billion dollars in 2021, and from 2022 to 2029, it is anticipated that this market will generate almost 32.6 billion dollars in revenue.
global Pipeline Transportation Market Overview
The global Pipeline Transportation market research provided a comprehensive analysis of the worldwide global Pipeline Transportation Market, taking into account all critical variables such as growth factors, limitations, market advancements, top investment pockets, future prospects, and trends. The research begins by emphasizing the important trends and possibilities that may develop in the near future and have a favorable influence on overall industry growth.
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global Pipeline Transportation Market Scope
A combination of primary and secondary data is used for the qualitative and quantitative analysis of the global Pipeline Transportation Market. The bottom-up approach is used to estimate the global Pipeline Transportation Market size and segments. Interviews with top manufacturers, industry experts, suppliers, and market surveys were conducted using primary research. Secondary research includes industry journals, presentations, whitepapers, and some paid databases for the global Pipeline Transportation market. To validate the results from the findings SWOT and PESTLE analysis was conducted, which includes strengths and weaknesses of the market as well as economic condition.
Segmentation
Depending on Type With over 85.0% of total revenue in 2021, the Transmission Pipeline segment dominated the pipeline transportation market. Transmission pipelines, distribution pipelines, and gathering pipelines are the three segments that make up the pipeline transportation market. Oil, gas, coal, water, and other fuels are transported across very long distances using transmission pipes, such as between plants or, in the case of fuels, even between nations. Liquids are transported to their destination by distribution pipelines. Fluids must be gathered using gathering pipelines before being processed or sent. These pipes are less useful than transmission pipelines in terms of length.
Application-Related, The Gas Pipeline Section Natural gas consumption rapidly grew, reaching 3,822.8 billion cubic metres (bcm) in 2020, due to rising demand in a range of industries, including power generation and transportation. As a result, natural gas dominated the pipeline transportation industry in 2021. The infrastructure for gas pipelines is likely to be greatly driven by this development during the next few years. By 2030, demand for all fuel types—including natural gas—is anticipated to increase dramatically, thanks to the benefits to the environment and the need for energy security in places like the Middle East, Africa, and Asia-Pacific.
In 2020, with an annual output of 197.2 trillion cubic metres of gas, Russia continued to be the world’s largest LNG exporter. The demand for the natural gas pipeline network will rise as a result of the anticipated large growth in the global LNG trade. Furthermore, as part of a national gas grid being created to connect rural areas of the nation, the Indian government allocated USD 774 million in January 2020 for a natural gas pipeline network in the northeast. The 1,656-kilometer pipeline is anticipated to be finished by 2023 and cost up to INR 92.65 billion. International trade in natural gas is growing as a result of the development of new natural gas sources, such as shale gas resources, and the associated price pressure.
Key Players
• Rockwell Automation, Inc. (US)
• FMC Technologies, Inc (US)
• Alcatel-Lucent (France)
• Liebert Corporation (US)
• ESRI (US)
• Emerson (US)
• Trimble (US)
• Plex Systems, Inc (US)
• Juniper Networks, Inc (US)
• Enterprise Products Partners L.P (US)
• BAKER & O’BRIEN, INC. (US)
• Honeywell International Inc. (US)
• Halliburton (US)
• National Oilwell Varco (US)
• ORBCOMM (US)
• Oracle (US)
• TechnipFMC plc (UK)
• Mott MacDonald (UK)
• John Wood Group PLC (UK)
• Siemens (Germany)
• Schneider Electric (France)
• Alstom (France)
• ABB Ltd (Switzerland)
• Ansaldo STS (Italy)
• Danfoss Inc (Denmark)
• NIPPON STEEL CORPORATION (Japan)
• Yokogawa Electric Corporation (Japan)
• Huawei Technologies Co., Ltd. (China)
Regional Analysis
Regional Insights in the report on the global Pipeline Transportation industry on a regional level. The region-wise survey is done in a wide range of high-resolution regional investigations. The region portion of the research also provides key market influencing aspects and changes in market regulation that impact the market’s current and future trends. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
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Key Questions answered in the global Pipeline Transportation Market Report are:
- What is global Pipeline Transportation Market?
- What is the forecast period of the global Pipeline Transportation Market?
- What is the competitive scenario of the global Pipeline Transportation market?
- Which region held the largest market share in the global Pipeline Transportation Market?
- What are the opportunities for the global Pipeline Transportation Market?
- What factors are affecting the global Pipeline Transportation market growth?
- Who are the key players of the global Pipeline Transportation market?
- Which company held the largest share in the global Pipeline Transportation market?
- What will be the CAGR of the global Pipeline Transportation market during the forecast period?
- What key trends are likely to emerge in the global Pipeline Transportation market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by global Pipeline Transportation market
- Landscape- Leading key players and other prominent key players.
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