Global Intelligent Pigging Market Outlook and Forecast till 2023-2030.

Global Intelligent Pigging Market Outlook and Forecast till 2023-2030.

According to Qualiket Research, the Global Intelligent Pigging Market was valued at USD 694.30 million in 2021 and is expected to reach at USD 1,007.29 million by 2027 at a CAGR of 5.12% from 2022-2027.

Pigging is a term used to describe a procedure for cleaning and inspecting a pipeline from the inside out while it is still in use. The approach of in-line checking using smart pigs—pigs that use digital technology—is known as an intelligent pigging system. The intelligent pigs can carry out sophisticated inspection tasks and are effective at detecting any irregularities on the inner walls of the pipes, including the presence and location of corrosion, metal loss, and others.

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Market Drivers:

  • In response to the increasing integration of automation technologies, original equipment suppliers and producers are continuously improving their pipeline inspections and maintenance by investing in R&D. Effective pipeline flow diagnosis is possible with today's sophisticated pigging techniques. Intelligent pigging service providers are constantly looking for pipeline operators' use of dents and deformations. Because of the increasing in interest for increasingly sophisticated and portable electronic systems, manufacturers are offering relatively small intelligent pigs for conventional applications. The creation of smaller, intelligent pigs has made it feasible to inspect and maintain the small-diameter pipes. The consequence will likely be a significant expansion of the market for intelligent pigging. The market for intelligent pigging is also expected to develop during the forecast period as a result of escalating shale gas and offshore deep-water exploration operations, an expanding network of pipelines for the transport of petroleum products, and expansion in the oil and gas industry.
  • As per estimates, the expanding pipeline project investments, particularly in the oil and gas sector, would create profitable market possibilities and accelerate the growth rate of the intelligent pigging market in the future. Leading firms' improvements in inspection technologies are predicted to assist the market expansion of intelligent pigging.

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Key players:

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·?????? Baker Hughes Company (U.S.)

·?????? Corrosion Control Engineering, (Australia)

·?????? Rouge Pipeline & Process Services (UAE)

·?????? Penspen (U.K.)

·?????? Halfwave AS (Norway)

·?????? Romstar Sdb Bhd(Malaysia)

·?????? Cokebusters Ltd. & Cokebusters Inc. (U.K.)

·?????? Quest Integrity Group, LLC (U.S.)

·?????? A.Hak Industrial Services (Netherlands)

·?????? SGS SA (Switzerland).

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