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New report examines the Global pipeline safety market is expected to grow at a CAGR of around 8% from 2017 to 2025

The incorporation of pipeline safety helps pipeline framework to monitor, analyze, and control the main network connectivity.

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Pipelines Market are an extremely safe way to transport energy and liquid products to users over a long distance. 

Technologies and solutions such as SCADA for pipelines and pipeline monitoring systems have high worldwide acknowledgement in the oil and gas industry. Global pipeline safety market is expected to grow at a CAGR of around 8% from 2017 to 2025.

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Based on solutions, the market is divided into real time leak detection, threat identification, sensitivity and positional accuracy, real time monitoring, illegal tapping attempts, unauthorized excavation, danger management systems and command and control systems. Based on services, market is segmented into consulting services, security services and professional services.

Various industries included in the report are crude oil pipelines, gas pipelines, aviation and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Market Dynamics:

Drivers:

Increasing investment in oil & gas sector coupled with growing infrastructural development is augmenting the demand for pipeline safety systems.

Rise in terrorist attacks, chemical & gas leakage coupled with natural disasters drives the market for pipeline safety solutions.

Restraints:

Increased online hacking and cyber-attacks may restrict the market growth

Market Players:

The top players in the global pipeline safety market include Future Fiber Technologies, Buckeye Partners, L.P., GPS Security Group, Elbit Systems Ltd., Schneider Electric, Honeywell International, Siemens AG, TransCanada Group, ABB group and Thales Group.

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MARKET LANDSCAPE

By Solution

o Real time leak detection

o Threat identification

o Sensitivity and positional accuracy

o Real time monitoring

o Illegal tapping attempts

o Unauthorized excavation

o Danger management systems

o Command and control systems

By Services

o Consulting services

o Security services

o Professional services

By Industry Vertical

o Crude oil pipelines

o Gas pipelines

o Aviation

o Others

By Geography

  • North America
  • Asia Pacific
  • Europe
  • LAMEA

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