Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Research Reports

Pipeline Monitoring Systems Market Size, Trends, Revenue Share Analysis, Forecast, 2016–2026

The global pipeline monitoring systems market is forecast to reach USD 8.96 Billion by 2026, according to a new report by Reports and Data. Pipeline Monitoring Systems are special technology used to detect multiple threats in real-time to prevent leakage, accidents, and burglary. Pipelines are flow lines which are used in order to carry fluids or gases.…

The post Pipeline Monitoring Systems Market Size, Trends, Revenue Share Analysis, Forecast, 2016–2026 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.

Global Banking And Finance 1 News

The global pipeline monitoring systems market is forecast to reach USD 8.96 Billion by 2026, according to a new report by Reports and Data. Pipeline Monitoring Systems are special technology used to detect multiple threats in real-time to prevent leakage, accidents, and burglary.

Pipelines are flow lines which are used in order to carry fluids or gases. The pipeline monitors are used to check the corrosion levels of the pipes to prevent the serious ecological outcome. The market for pipeline monitoring system is influenced by the rising demand from the oil and gas industries since there is a rise in the incidence of oil and gas leakage. The governments all around the globe have made strict regulations to prevent the occurrence of such hazardous incidents making use of pipeline monitors mandatory in all oil and gas industries.

The above-mentioned factors conjointly create scope for the market growth while factors such as unfavorable effects of pipeline monitoring systems pose limitations in the market. However, each factor would have an impact on the market during the forecast period. Consistent developments in the pipeline monitoring systems market owing to unconventional efforts have enhanced the efficiency of monitoring systems.

Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/1903

Key participants include

Perma Pipes, Honeywell International Inc., Transcanada, Pure Technology, Huawei, Orbcomm Inc., Future Fiber Technologies, Thales Group, Radiobarrier, and Krohne Group, among others.

Further key findings from the report suggest

Ultrasonic technology held the largest market share of 38.6% in the year 2018. The ultrasonic technology is preferred because it senses the thickness and direction of the flow of oil and gas in the pipelines. This system also detects the amount of corrosion that occurs in the pipe with the help of a monitoring device.

The metallic monitoring systems segment is estimated to witness the highest CAGR of 8.1% during the forecast period. The metallic pipeline monitoring system is preferred because of its high strength for the transportation of any material through these pipelines.

Petroleum segment held the largest market share of 49.5% in the year 2018. This segment is growing since petroleum derivatives have various applications in the present world. Moreover, petroleum is a source of energy used for transportation. The government has made strict regulations for the use of pipeline monitoring systems to prevent theft since the petroleum industry affects the economy of the world.

Asia Pacific is anticipated to observe the highest CAGR of 10.6% during the forecast period. Countries like India, China, and Japan are rapidly catching up with the growth in the pipeline monitoring systems market. The rise in population in this region has shown a generation of huge amount of wastewater for which pipeline monitoring market has propelled

Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/1903

For this report, Reports and Data have segmented into the global Pipeline Monitoring Systems market on the basis of resin type, composite phases, industry vertical, and region:

Pipeline Monitoring Outlook (Revenue, USD Billion; 2016-2026)

Metallic

Non Metallic

Others

Technology Outlook (Revenue, USD Billion; 2016-2026)

PIGs

Smart Ball

Ultrasonic

Magnetic Flux Leakage Technology

Others

End-Users Outlook (Revenue, USD Billion; 2016-2026)

Petroleum

Water and Waste Treatment

Others

Applications Outlook (Revenue, USD Billion; 2016-2026)

Leakage Detection

Operating Condition

Pipeline Break Detection

Others

Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1903

Have a Look at Related Reports:

Machine Automation Controller Market Size, Share & Analysis, By Controller Type (Distributed Control System (DCS), Programmable Logic Controller (PLC), Industrial PC (IPC)), By Product Type (Analog, Digital), By Form Factor (IP65, IP20, Others), By Application (Oil & Gas, Food & Beverages, Energy & Power, Chemicals, Automotive, Pharmaceuticals, Metals & Mining, Aerospace & Defense, Pulp & Paper, Semiconductors & Electronics, Medical Devices, Others), And By Region Forecast To 2028

Air Quality Monitoring System Market Size, Share & Trends Analysis Report By Product Type (Indoor, Outdoor), By Pollutant (Physical, Chemical), By Component, By End Use (Industrial, Commercial), And Segment Forecast To 2028

Industrial Automation Motion Control Systems Market Size, Share & Analysis, By End-Users (Metallurgical & Manufacturing, Chemical & Materials, Semiconductor & Electronics, Automotive & Aerospace, Food & Beverages), By System Type (Open Loop, Closed Loop), By Component (Actuators & Mechanical Systems, Motors, Motion Controllers, Drives, Sensor & Feedback Devices), And Regions, Forecasts To 2027

Direct Air Carbon Capture Market Size, Share & Analysis, by Application (Industrial Production, Food & Beverage, Oil & Gas, Agriculture, Enhanced Oil Recovery, Others), By Region, Forecast To 2027

Wood Based Panel Market By Product, By Distribution Channel (Offline Stores, Online Stores), And By Application (Packaging, Construction, Furniture), Forecasts To 2027

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

The post Pipeline Monitoring Systems Market Size, Trends, Revenue Share Analysis, Forecast, 2016–2026 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post