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Showing posts with the label Intelligent Pigging Market Outlook

Intelligent Pigging Market Growth Accelerated by Increasing Oil Pipeline Network Infrastructure Projects

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  Intelligent pigging refers to the inspection of pipelines using pipeline inspection gauges known as 'Pigs'. Intelligent pigging provides valuable information on pipe wall thickness, anomalies and geometry. The growing need to monitor conditions of oil and gas pipelines drives the demand for intelligent pigging. With increasing oil pipeline network infrastructure projects across regions, the adoption of intelligent pigging is increasing to ensure safety and integrity of pipelines. The global Intelligent Pigging Market is estimated to be valued at US$ 1,408.3 Bn in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increasing oil pipeline network infrastructure projects is one of the key trends driving the growth of the intelligent pigging market. Many countries are investing heavily in new oil pipeline projects as well as expansion of existing pipeline ne...

Intelligent Pigging Growth Accelerated by Increasing Pipeline Integrity Monitoring Needs

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  Intelligent pigging technology involves the use of in-line inspection tools known as smart pigs or intelligent pigs to inspect and monitor oil and gas pipelines for defects, corrosion and other anomalies without disrupting the flow. Intelligent pigs help detect any potential defects and leaks in pipelines to ensure pipeline integrity and safety. With growing concerns around aging oil and gas infrastructure and pipelines worldwide, the demand for continuous pipeline monitoring solutions like intelligent pigging is surging to prevent accidents and unplanned downtime. The global Intelligent Pigging Market is estimated to be valued at US$ 1,408.3 Bn in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing need for pipeline integrity monitoring and assessment is a key trend driving growth of the intelligent pigging market. Pipelines transport a major ...