Global Pipeline Management Solutions Market worth USD 742.85 Million by 2025

Global Pipeline Management Solutions Market worth USD 742.85 Million by 2025

Pune, India, April 09, 2019 -- /360iResearch/ -- The report "Global Pipeline Management Solutions Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025 (Q1 2019 Update)", published by 360iResearch, states that the global market was valued at USD 310.55 million in 2018 and is projected to reach USD 742.85 million by 2025, growing at a CAGR of 13.27% from 2018 to 2025.

The major forces driving the growth of the pipeline management solutions market include the increasing need for pipeline integrity management for onshore segment and ensure the optimal performance and enhance the operational efficiency of the infrastructure in daily operations. Moreover, reduce leakage rates, improved operational safety, and streamlined performance of pipelines control and visibility over operations from gathering, transportation to distribution and increasing adoption of advanced technologies and automated systems for improving the performance of the oil and gas pipeline are also some of the factors that are driving the market growth. However certain factors such as the product not meeting the current compliance standards may hinder the market growth. In the middle of difficulty lies opportunity such as the rising adoption of scada and real-time management of pipeline operations, using the ipv6-based protocol to simplify the connectivity techniques, and trend to adopt iot and automation in pipeline management. The possible challenges for the market growth is interoperability issues. But key players in the market are overcoming the challenges with continual improvement and innovation.

Based on service, the global pipeline management solutions market is studied across Cleaning Services, Inspection Services, and Repair & Refurbishment Services. Based on application, the global pipeline management solutions market is studied across Gas & Oil Pipelines, Gas Pipelines, Oil Pipelines, and Sewage & Water Pipelines. Based on deployment, the global pipeline management solutions market is studied across Offshore, and Onshore. Based on geography, the global pipeline management solutions market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.

The report features a competitive scenario of the pipeline management solutions market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are Cisco Systems Inc., Emerson Electric Co., GENERAL ELECTRIC, HCL Technologies Limited, Honeywell, Infosys Limited, Intergraph Corporation - Hexagon Group, Rockwell Automation, Inc., Schneider Electric S.E., Silicus Technologies, LLC, Wipro Limited, and Yokogawa Electric Corporation.

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