Global Pipeline Transportation Market Revenue Is Projected To Hit USD 30 Billion By 2026

30-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Pipeline Transportation Market By Type (Oil and Gas, Coal, Chemical, Water, and Others), By Solution (Security Solutions, Automation and Control, Integrity and Tracking Solutions, Network Communication Solutions, and Others), By Services (Consulting Service, Managed Service, and Maintenance & Support), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global pipeline transportation market in 2019 was approximately USD 14 Billion. The market is expected to grow at a CAGR of over 12% and is anticipated to surpass USD 30 Billion by 2026.

Pipeline transportation is an organized infrastructure of pipes and tubes installed for the transportation of solids, fluids, and gaseous items over great distances. These infrastructures are widely employed for transporting various liquid & gaseous products such as oil, natural gas, water, beer, slurry, and sewage. In rare cases, pneumatic tubes-based systems can effectively transport solid products as well. Compared to other modes of transportation, pipeline transportation is more convenient such as negligible operational costs, flexibility, automated loading & unloading, and eco-friendly transportation. All the aforementioned advantages indicate the extensive adoption of pipeline systems in the coming years, thereby propelling the global pipeline transportation market.

Browse the full “Pipeline Transportation Market By Type (Oil and Gas, Coal, Chemical, Water, and Others), By Solution (Security Solutions, Automation and Control, Integrity and Tracking Solutions, Network Communication Solutions, and Others), By Services (Consulting Service, Managed Service, and Maintenance & Support), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/global-pipeline-transportation-market-by-type-oil-and-1008

Moreover, the constantly rising global demand for oil and the ability of the pipeline system for secure and economical transportation of oil & oil products is likely to significantly driving the pipeline transportation market. However, the long-distance transportation of inflammable and explosive materials through pipelines is a major safety concern that is likely to hamper the global market growth throughout the forecast period.

By type, the oil & gas pipeline segment to hold the dominating position in the global pipeline transportation market

The global pipeline transportation market, on the basis of type, is segmented into chemical, oil and gas, water, coal, and others. Among all, the oil & gas pipeline is directing the global market as crude oil and its refined products are usually transported in batches through the pipeline system. With the incorporation of IoT in the operations of oil pipeline transportation firms, the business opportunities in the pipeline transportation industry are increasing at a tremendous rate.

North America to hold the major share of the global pipeline transportation market throughout the forecast period

North America pipeline transportation market accounts for the maximum share among all the regions owing to the constantly growing demand for oil & gas by various leading companies established in the region along with the increased financial support to develop pipeline infrastructure. However, the Asia Pacific pipeline transportation market is likely to grow splendidly throughout 2020–2026 owing to the swiftly expanding oil infrastructure and economic growth.

Report Scope

Some of the key players driving the global pipeline transportation market are Trimble Navigation Limited, ABB Ltd., Siemens, FMC Technologies, Schneider Electric, Rockwell Automation, Alstom, Emerson, Alcatel-Lucent, and ESRI, among others.

This report segments the global pipeline transportation market as follows:

Global Pipeline Transportation Market: Type Segmentation Analysis

• Oil and Gas
• Coal
• Chemical
• Water
• Others

Global Pipeline Transportation Market: Solutions Segmentation Analysis

• Security Solutions
  • Video Surveillance
  • Intrusion Detection
  • Access Control
  • Fire and Explosion safety
  • Others
• Automation and Control
  • SCADA
  • Optimization Solution
• Integrity and Tracking Solution
  • Leak detection
  • Pigging Solution
  • Batch Tracking
  • Others
• Network Communication Solution
  • Optical Fiber Networks
  • Microwave Networks
  • Satellite Systems
• Others

Global Pipeline Transportation Market: Services Segmentation Analysis

• Consulting services
• Managed services
• Maintenance and support

Global Pipeline Transportation Market: Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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