Report Id : REP-GB-390

Published On : Aug-2015
Category : Energy, Mining, Oil,
And Gas

Intelligent Pigging Services Market: Combinational Inspection Technologies to

Surge in Near Future: Global Industry Analysis and Opportunity Assessment
2015 - 2025

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Research Methodology (1/2)

SYSTEMMATIC RESEARCH APPROACH

Market Profiling

Formulating discussion
guide

Developing list of
respondents

Data
Collection

In-depth secondary research is used to arrive at

overall market size, top industry players, top
products, industry associations, etc

In order to conduct expert and industry interviews,

FMI formulates a detailed discussion guide

Identifying key opinion leaders

Questionnaire design

In depth interviews

Coverage across value chain

Data Filter
& Analysis

Research & Actionable

Intelligence
Insights

A
Primary
Research

List of industry players (manufacturers),

distributors, retailers, industry experts

SOLUTION

Data Collection

Data Validation

Data Analysis

Insights

FMI conducts interviews with industry experts,

industry players, distributors and retailers

Data is validated by triangulation method, in which

secondary, primary and FMIs analysis contribute
to the final data

The data is scrutinized using M S-Excel, to find

qualitative and quantitative insights about the
industry

FMI delivers industry insights and information in

the required format (pdf)

Business
Solution

Market Participants

Key Strengths

Product Portfolio

Mapping as per value chain

Key focus segments

Primary Research #

Linkedin
Zoominfo
Salesforce
Hoovers
Onesource

B
Desk
Research

Company
Analysis

Key Industry Experts

Channel Study

Developments

Market Dynamics

Products

Conclusions

Paid Publications#

Secondary Research #
Company Websites
Company Annual
Reports
White Papers
Financial Reports

Factiva
GBI
Genios
Meltwater

# includes sources of
databases

Global Intelligent Pigging Services Market Analysis and Forecast

Global Intelligent Pigging Services Market Expected to Expand at a CAGR of 6.3% due to Stringent
Government Regulations and Technological Advancements in Intelligent Pigging Services
Future Market Insights (FMI), delivers key insights on the global intelligent pigging services market in
its latest report titled, Intelligent Pigging Services Market: Global Industry Analysis and Opportunity
Assessment 2015 - 2025. According to the report, the global intelligent pigging services market is
expected to register a CAGR of 6.3% during the forecast period (20152025). Pipeline inspection
gauges, also known as pigs, are devices used for inspection and maintenance operations of oil and gas
pipelines. Intelligent pigs have an on-board electronic chip, which is used for recording the data about
the condition of the pipeline. Intelligent pigs are widely used for corrosion and cracks detection.
Assessing various factors driving market growth, FMI analyst said, Stringent government & industry
regulations, expected economic revival and technological advancements in pigging services are
surging demand for global intelligent pigging services market. The analyst added that increasing
awareness among pipeline operators about the benefits of regular inspection and maintenance of
pipelines is expected to further fuel market growth.

Global Intelligent Pigging Services Market Analysis and Forecast

This is also expected to prompt original equipment manufacturers (OEMs) and vendors of intelligent
pigs to introduce innovation in inspection technologies such as magnetic flux leakage (MFL) and
ultrasonic test (UT) to improve efficiency of services.
The global intelligent pigging services market is segmented on the basis of technology into MFL and
UT. Among these, demand for MFL is significant, accounting for 66.6% share of the global intelligent
pigging segment market in 2014. As per FMI estimates, this segment is projected to register a CAGR of
6.5% during the forecast period.
On the basis of end-use industry, the global intelligent pigging service market is segmented into gas
industry and oil industry. The gas industry segment in the global intelligent pigging services accounted
for 80.4% market share in 2014. FMI estimates the gas industry segment expected to register a CAGR
of 6.2% between 2015 and 2025, to account for US$ 657.0 Mn by 2025. The oil industry segment is
estimated to account for 19.8% share by the end of 2015 and is forecast to increase at a CAGR of 6.7%
through 2025. Currently, the gas pipeline network is larger than that of oil, and this trend is expected
to continue during the forecast period as well. Thus, the gas industry segment is projected to
dominate the global intelligent pigging services market over the forecast period.

Global Intelligent Pigging Services Market Analysis and Forecast

Increasing consumption of petroleum products and natural gas is expected to fuel demand for
intelligent pigging services globally. In addition, economic revival in regions such as Eastern Europe,
Western Europe & North America and economic growth in regions such as APEJ and Latin America are
expected to propel growth of the global intelligent pigging services market over the forecast period.
The global intelligent pigging services market is segmented on the basis of regions into North America,
Eastern Europe, Middle East & Africa, Asia Pacific Excluding Japan (APEJ), Western Europe, Latin
America and Japan. North America accounted for 48.9% revenue share in the global intelligent pigging
services market in 2014, and is expected to continue to dominate the global market over the forecast
period. One of the smallest intelligent pigging services market, Latin America is expected to register
the highest CAGR during the forecast period. The APEJ market is projected to register a CAGR of 7.1%
over the forecast period
Browse Full "Intelligent Pigging Services Market: Global Industry Analysis and Opportunity
Assessment 2015 - 2025" Research Report
at http://www.futuremarketinsights.com/reports/details/intelligent-pigging-market

Global Intelligent Pigging Services Market Analysis and Forecast

Key players across the supply chain in the global intelligent pigging services market include
OEMs/vendor of intelligent pigging services and oil & gas explorers and producers. The OEMs/vendors
that we have analysed are LIN SCAN, T.D. Williamson, Inc., Baker Hughes Incorporated, GE Oil and Gas
(PII Pipeline Solutions), NDT Global and Enduro Pipeline Services Inc. The oil & gas explorers and
producers analysed in the report are Petrobras, OMV Group, ConocoPhillips and Royal Dutch Shell Plc.
Major OEMs/vendors operating in the global market are focused adopting advanced inspection
technologies to enhance efficiency of services. Pipeline operators are entering into long-term supply
contracts with OEMs/vendors to minimize effect of increasing costs of intelligent pigging services.
In future, OEMs/vendors should continue investing in the North America and Eastern Europe market.
At the same time, APEJ and Latin America are expected to generate significant demand for intelligent
pigging services. OEMs/vendors should focus on improving combinational technologies, as these are
more effective and advanced that individual technologies currently used for pigging services.

Table of Content

Section 01

1. Global Intelligent Pigging Services Market - Executive Summary

2. Research Methodology
3. Assumptions and Acronyms Used
Section 02
4. Global Intelligent Pigging Services Market Overview
4.1. Introduction
4.1.1. Evolution of Pigging Technology
4.1.2. Pigging Technology Overview

Table of Content

4.2. Global Intelligent Pigging Market Analysis and Forecast

4.2.1. Global Intelligent Pigging Market Size (US$ Mn) and Y-o-Y Growth (%), 20152025
4.2.2. Global Intelligent Pigging Market Incremental Value Opportunity, 20152025 (US$ Mn)
4.3. Market Dynamics
4.3.1. Driver
4.3.2. Global Intelligent Pigging MarketImpact Analysis
4.3.3. Inhibitors
Section 03
5. Global Intelligent Pigging Market Analysis and Forecast, by Technology
5.1. Introduction
5.1.1. Basis Point Share(BPS) Analysis, By Technology
5.1.2. Y-o-Y growth comparison, By Technology

Table of Content

5.2. Global Intelligent Pigging Market By Technology

5.2.1. Magnetic Flux Leakage (MFL)
5.2.1.1. Absolute $ Opportunity
5.2.1.2. Market Value Forecast
5.2.2. Ultrasonic Test (UT)
5.2.2.1. Absolute $ Opportunity
5.2.2.2. Market Value Forecast
5.3. Global Intelligent Pigging Services Market Attractiveness by Technology
5.4. Global Intelligent Pigging Services Market by TechnologyTrends
Section 04
6. Global Intelligent Pigging Market Analysis and Forecast, by End-Use Industry
6.1. Introduction
6.1.1. Basis Point Share(BPS) Analysis, By End-Use Industry
6.1.2. Y-o-Y growth comparison, By End-Use Industry

Table of Content

6.2. Global Intelligent Pigging Market By End-Use Industry

6.2.1. Oil
6.2.1.1. Absolute $ Opportunity
6.2.1.2. Market Value Forecast
6.2.2. Gas
6.2.2.1. Absolute $ Opportunity
6.2.2.2. Market Value Forecast
6.3. Global Intelligent Pigging Services Market Attractiveness by End-Use Industry
6.4. Global Intelligent Pigging Services Market by TechnologyTrends
Section 05
7. Global Intelligent Pigging Services Market Analysis and Forecast By Regions

7.1. Introduction

Table of Content

7.2. Y-O-Y Growth Comparison, By Regions

7.3. BPS Analysis, By Regions
7.4. Intelligent Pigging Services Market Attractiveness, by Developed Regions
7.5. Intelligent Pigging Services Market Attractiveness, by Developing Regions
7.6. Global Intelligent Pigging Services Market, By Regions
7.6.1. North America
7.6.1.1. Introduction
7.6.1.2. Y-O-Y Growth Comparison, By Regions
7.6.1.3. BPS Analysis, By Regions
7.6.1.4. North America Intelligent Pigging Services Market, By Regions
7.6.1.4.1. U.S.
7.6.1.4.2. Canada

Table of Content

7.6.1.5. North America Intelligent Pigging Services Market, By End-use Industry

7.6.1.5.1. Oil
7.6.1.5.2. Gas
7.6.1.6. North America Intelligent Pigging Services Market, By Technology
7.6.1.6.1. MFL
7.6.1.6.2. UT
7.6.1.7. North America Intelligent Pigging Services Market Attractiveness, by Regions
7.6.1.8. Impact Analysis of Drivers
7.6.2. Eastern Europe
7.6.2.1. Introduction
7.6.2.2. Y-O-Y Growth Comparison, By Regions
7.6.2.3. BPS Analysis, By Regions

Section 06
8. Competitive Landscape

Table of Content

8.1. Company Dashboard

8.1.1. Intelligent Pigging Services Original Equipment Manufacturers/Vendors Market Players
8.1.2. Oil and Gas Explorers and Producers Market Players
8.2. Company Profiles
8.2.1. Intelligent Pigging Services Providers
8.2.1.1. LIN SCAN
8.2.1.2. T.D. Williamson, Inc.
8.2.1.3. Baker Hughes Incorporated
8.2.1.4. GE Oil and Gas (PII Pipeline Solutions)
8.2.1.5. NDT Global
8.2.1.6. Enduro Pipeline Services, Inc.
8.2.2. Oil & Gas Explorers and Producers
8.2.2.1. Petrobras
8.2.2.2. OMV Group
8.2.2.3. ConocoPhillips
8.2.2.4. Royal Dutch Shell PLC

Table of Content

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