Lucintel Forecasts Pipeline Integrity Market To Grow At A Cagr Of 3%-5%

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According to the recent study the pipeline integrity market is projected to grow at a CAGR of 3%-5% from 2020 to 2025. Growth in this market is primarily driven by huge investment pool in the pipeline business, increased government mandate & regulations for pipeline assessment, and increased focus on the remote management of oil & gas pipeline for process optimization & automation.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in pipeline integrity market by service (testing, inspection [ultrasonic, magnetic flux, caliper], monitoring, and software), application (onshore and offshore), product (oil, gas, and refined products), and region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link – https://www.lucintel.com/pipeline-integrity-market.aspx
“Gas market is expected to remain the largest segment during the forecast period.”
Based on product, the pipeline integrity market is segmented into oil, gas, and refined products. ...
... Lucintel forecasts that the gas is expected to witness the largest segment over the forecast period as there is an increase in demand for safe, economical, and reliable connectivity.
“Within the pipeline integrity market, the onshore segment is expected to remain the largest application”
Based on application, the non-residential segment is expected to witness the largest application over the forecast period due to increasing demand for oil & gas and rising environmental concerns related to its transportation.
“North America will dominate the pipeline integrity market in near future”
North America it is also expected to witness the largest region and it is also expected to witness the highest growth over the forecast period due to increasing demand for energy produced in the region, and recent oil & gas shale discoveries have been in remote areas from where transportation of these reserves from the harsh environment till storage locations needs more focus in the region.
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Major players of pipeline integrity market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Rosen, Baker Hughes, NDT Global, T.D. Williamson, SGS, Schneider Electric, Emerson, Applus, Altus Intervention, and Enermech are among the major pipeline integrity providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/pipeline-integrity-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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