TITLE

Pipeline Monitoring System Market

OVERVIEW

Pipeline monitoring systems market size is projected to grow at a CAGR of 7% during the forecast period.

MARKET SEGMENTATION

By Type

• Metallic
• Non-metallic
• Concrete pipes
• Asbestos cement pipes

By Technology

• Ultrasonic testing
• Smart ball
• Magnetic flux leakage technology and
• others

By Application

• Operating Efficiency
• Leak Detection
• Pipeline Break Detection

By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

GLOBAL PIPELINE MONITORING SYSTEM MARKET SHARE, BY REGION, 2018

• North America: XX%
• Europe: XX%
• Asia-Pacific: XX%
• Rest of the World (RoW): XX%

Drivers –

• Increase in number of oil gas leakages in production, pipelines, and storage tanks
• Natural disasters and high pressure along with stringent government regulations for pipeline safety

Opportunities

• New product launches and RD amongst major key players

Restraints

KEY COMPANIES PROFILED

• ABB (Switzerland)
• Emerson (U.S.)
• Honeywell International (U.S.)
• Schneider Electric (France)
• Siemens AG (India)
• Badger Meter (U.S.)
• Bentek Systems Ltd. (Canada)
• General Electric (U.S.)
• HollySys Automation Technologies (China) and
• Inductive Automation (U.S.)