Global Pipeline Safety Market is expected to grow at a CAGR of around 8% from 2017 to 2025. Pipelines are an extremely safe way to transport energy & liquid products to users over a long distance.
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Global Pipeline Safety Market is expected to grow at a CAGR of around 8% from 2017 to 2025. Pipelines are an extremely safe way to transport energy and liquid products to users over a long distance.
The incorporation of pipeline safety helps pipeline framework to monitor, analyze, and control the main network connectivity. Technologies and solutions such as SCADA for pipelines and pipeline monitoring systems have high worldwide acknowledgement in the oil and gas industry.
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Based on solutions, the Pipeline Safety 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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- 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.
- Increased online hacking and cyber-attacks may restrict the market growth
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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- Real time leak detection
- Threat identification
- Sensitivity and positional accuracy
- Real time monitoring
- Illegal tapping attempts
- Unauthorized excavation
- Danger management systems
- Command and control systems
- Consulting services
- Security services
- Professional services
By Industry Vertical
- Crude oil pipelines
- Gas pipelines
- North America
- Rest of Europe
- South Korea
- Saudi Arabia
- South Africa
- Rest of LAMEA
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