Pipeline Safety Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

  • Report Code : FAT2361789
  • Published On: Jun, 2021
  • Category : Chemicals
  • Pages : 170
  • Pipeline Safety Market: Market Segments: By Component [Solutions (Pipeline Monitoring System, Secure Communication, Perimeter Intrusion Detection, SCADA for Pipelines, and ICS Security) and Services]; By Technology (SCADA Systems, Intruder Detection System, Industrial Control Systems Security, Video Surveillance & GIS Mapping and Pipeline Monitoring); By Vertical (Natural Gas, Crude Oil, Refined Products and Other); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030

    Product Overview

    Pipelines are used around the country to move gas & liquid goods to different places and to consumers over long distances. Such pipelines are known as a secure and efficient means of transporting dangerous goods over huge distances. Improper handling and distribution of these dangerous goods can, however, jeopardize human life and adversely affect the environment.

    Market Highlights

    Pipeline Safety Market is expected to project a notable CAGR of 9.84% in 2030.

    Pipeline Safety Market to surpass USD 16.95 billion by 2030 from USD 7.12 billion in 2019 at a CAGR of 9.84% throughout the forecast period, i.e., 2020-30. Market growth is also expected to be driven by improved investment by most oil and gas companies on pipeline infrastructure, network surveillance, leak detection, and the increase in the number of oil and gas leakage incidences/accidents.

    Pipeline Safety Market: Segments

    SCADA System segment to grow with the highest CAGR of 5.15% during 2020-30

    Pipeline Safety Market is segmented by Technology as SCADA system, perimeter security/intruder detection system, video surveillance & GIS mapping, industrial control systems security, pipeline monitoring and other. The larger market share in 2019 was accounted by industrial control systems security segment held the largest share of the Pipeline Safety market and this trend is projected to prevail during the forecast period.

    Pipeline Safety Market: Market Dynamics

    Drivers

    Increased Spending of Oil & Gas Companies

    As pipeline infrastructures are easily exposed to sabotage, illicit tapping, militant and terrorist actions, combined with leak detection and in-line equipment failure, the need to track oil, gas and refined products has increased. Due to the increase in demand for oil and gas in most major nations, there has been a substantial increase in pipeline infrastructure. For thousands of miles, pipelines are laid through various regions to move and distribute oil and gas products.

    Restrain

    High Implementation and Maintenance Costs

    The cost of pipeline protection and leak detection system implementation for oil and gas varies with technology. System design, integration & consultancy, and maintenance and service support are the other factors restricting the growth of the pipeline safety market. The above-mentioned prices show that the cost of monitoring and leak detection systems is high.

    Pipeline Safety Market: Key Players

    ABB (Switzerland)

    Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.

    Honeywell International Inc.

    General Electric Company

    ABB Ltd.

    Rockwell Automation, Inc.

    Siemens AG

    Schneider Electric S.E.

    Optasense Ltd.

    Senstar Corporation

    Huawei Technologies USA, Inc.

    ESRI Inc.

    Thales SA

    Pipeline Safety Market: Regions

    Pipeline Safety Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.

    Pipeline Safety Market in Europe held the largest market share of XX.X% in the year 2019. The growing investment in oil and gas is contributing significantly to the growth of the region's pipeline protection industry. The European Union (EU) is highly dependent on external supplies of natural gas and in the past has undergone significant gas cuts, caused mainly by the technological difficulty and political uncertainty of the high-pressure natural gas system in some of the supplying countries. Asia Pacific is becoming a highly prospective market with growing awareness of the increase in business efficiency, augmented by competently built pipeline safety platforms provided by suppliers in this area. Emerging economies, such as India, China, and Japan, compose the region. With the substantial increase in the construction of pipelines across China, Pakistan and India, the need for robust security measures to be deployed has increased significantly. Safety issues about pipeline attacks and damage caused by natural disasters and piracy are the regions key concern.

    Pipeline Safety Market report also contains analysis on:

    Pipeline Safety Market Segments:

    By Component:

    • Solutions

    • Services

    o Pipeline Integrity Management

    o Professional Services

     Risk Management

     Engineering and Consulting

    By Technology:

    • SCADA System

    • Perimeter Security/Intruder Detection System

    • Industrial Control Systems Security

    • Video Surveillance & GIS Mapping

    • Pipeline Monitoring

    • Other Technology and Solutions

    By Vertical:

    • Natural Gas

    • Crude Oil

    • Refined Products

    • Other

    • Pipeline Safety Market Dynamics

    • Pipeline Safety Market Size

    • Supply & Demand

    • Current Trends/Issues/Challenges

    • Competition & Companies Involved in the Market

    • Value Chain of the Market

    • Market Drivers and Restraints

    FAQs on Pipeline Safety Market

    · Which segment is anticipated to hold the largest market share

    · At what CAGR is the market anticipated to grow between 2020 and 2030

    · Who are the key players in the Pipeline Safety Market

    · What could be the challenging factors in the growth of Pipeline Safety Market

    · What are the growth drivers for the Pipeline Safety Market

     

  • With tables and figures helping analyze worldwide Pipeline Safety market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Contents

    1. Executive Summary

    2. Pipeline Safety Market
    2.1. Product Overview
    2.2. Market Definition
    2.3. Segmentation
    2.4. Assumptions and Acronyms

    3. Research Methodology
    3.1. Research Objectives
    3.2. Primary Research
    3.3. Secondary Research
    3.4. Forecast Model
    3.5. Market Size Estimation

    4. Average Pricing Analysis

    5. Macro-Economic Indicators

    6. Market Dynamics
    6.1. Growth Drivers
    6.2. Restraints
    6.3. Opportunity
    6.4. Trends

    7. Correlation & Regression Analysis
    7.1. Correlation Matrix
    7.2. Regression Matrix

    8. Recent Development, Policies & Regulatory Landscape

    9. Risk Analysis
    9.1. Demand Risk Analysis
    9.2. Supply Risk Analysis

    10. Pipeline Safety Analysis
    10.1. Porters Five Forces
    10.1.1. Threat of New Entrants
    10.1.2. Bargaining Power of Suppliers
    10.1.3. Threat of Substitutes
    10.1.4. Rivalry
    10.2. PEST Analysis
    10.2.1. Political
    10.2.2. Economic
    10.2.3. Social
    10.2.4. Technological

    11. Pipeline Safety Market
    11.1. Market Size & forecast, 2019A-2030F
    11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    12. Pipeline Safety: Market Segmentation
    12.1. By Regions
    12.1.1. North America:
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.1.2. Europe:
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.1.3. Asia-Pacific:
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.1.4. MEA:
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.1.5. Latin America:
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.2. By Component: Market Share (2020-2030F)
    12.2.1. Solutions, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.2.2. Services, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    12.3 By Technology: Market Share (2020-2030F)

    12.3.1. SCADA System, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.3.2. Perimeter Security/Intruder Detection System, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.3.3. Industrial Control Systems Security, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.3.4. Video Surveillance & GIS Mapping, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.3.5. Pipeline Monitoring, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.3.6. Other, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    12.4 By Vertical: Market Share (2020-2030F)

    12.4.1. Natural Gas, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.4.2. Crude Oil, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.4.3. Refined Products, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.4.4. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    13. Company Profile
    13.1.1. Honeywell International Inc.
    13.1.2. Company Overview
    13.1.3. Company Total Revenue (Financials)
    13.1.4. Market Potential
    13.1.5. Global Presence
    13.1.6. Key Performance Indicators
    13.1.7. SWOT Analysis
    13.1.8. Product Launch
    13.2. General Electric Company
    13.3. ABB Ltd.
    13.4. Rockwell Automation, Inc.
    13.5. Siemens AG
    13.6. Schneider Electric S.E.
    13.7. Optasense Ltd.
    13.8. Senstar Corporation
    13.9. Huawei Technologies USA, Inc.
    13.10. ESRI Inc.
    13.11. Thales SA

    14 Consultant Recommendation
    **The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

     

  • The Pipeline Safety Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
      By Regions:
        By Type:
          By Application:
          Frequently asked questions(FAQ's):
          How are players chosen for the research coverage of the Pipeline Safety Market study?

          MI used a variety of industry standards such as NAICS, ICB, TRIC, and others to identify functional players in the industry, which they then shortlist and validate in an iterative process to finalize the most relevant players.

          What is the expected rate of growth in the Pipeline Safety Market?

          From 2024 to 2029, the Pipeline Safety Market is expected to grow at a compound annual growth rate of YY%, reaching a value of USD XXX Million.

          What are the advantages of the Pipeline Safety Market research study?

          The Pipeline Safety Market research study aids businesses in strategic planning so that they may realize and gain business value from their growth strategies.

          What are the top priorities for the growth of the Pipeline Safety Market?

          In this highly competitive and rapidly evolving Pipeline Safety Industry, top strategic priorities such as innovation, diversification, and M&A would remain consistent.

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