Intelligent Pigging Market is Anticipated to Witness High Growth Owing to Rising Implementation of Smart Pigging Technology
Intelligent pigging refers to using inline inspection tools known as "smart pigs" or intelligent pigs to inspect and monitor the integrity of oil and gas pipelines from the inside without stopping the product flow or requiring the pipeline to be depressurized. The intelligent pigs are inserted into and propelled by the product flow in the pipeline and collect large volumes of data which is then analyzed for detection of corrosion, cracks, dents, or other defects and irregularities in the pipeline. Intelligent pigging plays a vital role in pipeline integrity management programs as it allows for inspection of long pipelines in a short time without the need for excavation. The global intelligent pigging market is estimated to be valued at US$ 1,408.3 Bn in 2024 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the intelligent pigging market are LIN SCAN, T.D. Williamson, Inc., Baker Hughes Incorporated, GE O...