According to the latest report by IMARC Group, titled "Pipeline Integrity Management Market Report by Sector (Crude Oil, Gas), Service Type (Inspection Services, Cleaning Services, Repair and Refurbishment Services), Location of Deployment (Onshore, Offshore), and Region 2025-2033," the global pipeline integrity management market size reached USD 10.6 Billion in 2024. Pipeline integrity management (PIM) is the process of ensuring that a pipeline system remains safe, reliable, and efficient throughout its operational lifespan by identifying and mitigating potential risks, such as corrosion, mechanical damage, and third party interference. It comprises surveillance cameras and sensors, fiber-optic cables, and temperature sensors that check for leakages and prevent hazards. It aids in reducing the likelihood of accidents, spills, and other incidents that can harm people, property, and the environment. It also helps in pressure testing and evaluating pipeline discontinuities and soil conditions.
Global Pipeline Integrity Management Market Trends:
The increasing occurrences of pipe leakages, breaks, corrosion, or cracks, in oil, wastewater, and refined petroleum industries represent one of the major factors driving the demand for PIM around the world. Moreover, the rising migration of people from rural to urban areas and surging energy requirements is augmenting the growth of the market. In addition, governing agencies of numerous countries are undertaking measures to promote disaster management and workplace safety and meet operational standards. Apart from this, the growing construction of natural gas pipelines as they emit less harmful emissions associated with gasoline and coal counterparts is influencing the market positively. Furthermore, the advent of digital integrity management systems that assists in keeping the individuals pipeline records traceable, complete, and verifiable is contributing to the market growth. Besides this, the growing utilization of PIM solutions to share real-time information of pipeline networks to control rooms is creating a positive outlook for the market. Looking forward, the market value is projected to reach USD 14.1 Billion by 2033, expanding at a CAGR of 3.02% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Sector, Service Type, Location of Deployment, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Aker Solutions ASA, Baker Hughes Company, Bureau Veritas, DNV AS, Emerson Electric Co., Enbridge Inc., Infosys Limited, MATCOR Inc. (Brand Industrial Services Inc.), Pembina Pipeline Corporation, SGS S.A., Shawcor Ltd., T. D. Williamson Inc. and TÜV Rheinland. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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