Pipeline Transportation Market: Global Application Analysis and Forecast (2023-2029)

Pipeline Transportation Market size was valued at USD 20.33 Bn. in 2022 and the total Pipeline Transportation revenue is expected to grow by 7% from 2023 to 2029, reaching nearly USD 32.64 Bn.

Pipeline Transportation Market Overview:

Pipeline transportation is a method of transporting solid, liquid, or gaseous products over long distances using pipelines. This mode of transportation is primarily used for the transportation of crude and refined petroleum products such as natural gas and oil However, pipelines can also be used to transport solids in some cases. Pipeline transportation has numerous advantages, including flexibility, complete automation of loading and unloading operations, flexibility, low operating costs, and environmental friendliness. Pipelines are ideal for the unidirectional flow of goods, and inflationary influences have little effect on transport costs. All of these aspects are driving the pipeline transportation market, which is expected to grow at a rapid pace. The major safety concern arises when pipelines transport flammable or explosive material, such as natural gas or oil. Pipelines are vulnerable to vandalism and sabotage. Pipeline transportation faces challenges in maintaining a steady and smooth operation, which necessitates constant surveillance and monitoring. ICT (information and communication technology) can help cut costs, streamline management processes, improve communication efficiency, and ensure safety and security. All of these issues present lucrative opportunities for market providers of ICT solutions and services. Pipeline Transportation Market participants' offerings include pipeline automation and digitization, downtime reduction, supervisory control and data acquisition, safety, and security solutions, and others. Leading market players like ABB, Siemens, Schneider Electric, and others are already offering comprehensive solutions based on the type of pipelines and the challenges they face. They also provide one-of-a-kind solutions to improve pipeline operations, such as Pipeline Integrity Management Solutions (PIMS), SCADA, and other pipeline management system software. All these aspects are expected to boost the pipeline transportation market.Pipeline Transportation MarketTo know about the Research Methodology :- Request Free Sample Report

Pipeline Transportation Market Dynamics:

Increased Oil Pipeline Regulations to Increase Demand for Pipeline Transport Solutions The development of pipeline distribution and transmission systems has gained traction as demand for oil and gas has increased. The rapid pace of development has also resulted in several unprecedented pipeline accidents. This has increased the stringency of regulations. The Pipeline and Hazardous Materials Safety Administration (PHMSA), National Energy Board (NEB), and Petroleum and Natural Gas Regulatory Board are a few regulatory agencies around the world that develop policies and regulations to improve pipeline transportation market. The time-consuming nature of these constantly changing regulations necessitates additional assistance, reinforcing the need for consulting and managed services. Rising Natural Gas Adoption to Boost Market Growth With growing consumer concern about carbon emissions and the inability to generate energy entirely from renewable resources, the spotlight has shifted to natural gas. Natural gas is increasingly being used in transportation and in homes for domestic purposes. As a result, there is a greater need for adequate distribution pipelines. The Natural Gas Vehicle (NGV) Association found the total number of natural gas vehicles in the world as of December 2019 is 28,540,819, with 33,383 natural gas fueling stations. The US Energy Information Administration (EIA), natural gas is used for space heating in more than half of the country's residential sector. These aspects are boosting the pipeline transportation market Growing Use of Renewable Energy hampers the market growth The massive development of solar, wind, and other forms of energy worldwide was prompted by the growing demand for cleaner energy. The capacity for renewable energy is particularly being developed on the European continent. Investments in the development of infrastructure and the crude oil sector have decreased as a result of this. It is expected that this hamper the pipeline transportation market growth. The International Monetary Fund (IMF) reports that major corporations have decreased their investments in the oil Application infrastructure. A decrease in capital spending and replacement of oil reserves has occurred as a result of the rapid depletion of oil reserves has been noted since. Pipeline Transportation Market Opportunity Flourishing Oil and Gas Pipeline Demand by Increasing Energy Demand The urban population explosion caused by migration has resulted in an increase in energy demand from various sectors. Increased urbanization and industrialization have increased the demand for electricity, as well as for oil, gas, and coal boosting the pipeline transportation market. Because renewable energy is still in its early stages in many parts of the world, the majority of power is derived from conventional fuels such as oil, gas, and coal. Pipelines are required to transport these fuels over long distances because they are the most cost-effective mode of transport. Increased offshore exploration activities have resulted in a surge in pipeline infrastructure development due to high energy demand. This has increased the demand for pipeline transportation solutions and services. The International Energy Agency report published in July 2021, the energy demand is far greater than what renewable resources can provide. This increases conventional fuel consumption, resulting in increased pipeline infrastructure expenditure. Blostering Oil & Gas Trade Across Nations Swiftly to Improve Market The demand for energy has grown significantly over the past few years as a result of the swift development of industries around the world. Oil production has changed as a result of this. The majority of oil and gas reserves are only concentrated in a few areas of different regions, such as the OPEC countries; other countries rely on trade in oil and gas with these countries. Due to this, there is now greater demand for secure and dependable methods of shipping oil and gas across continents. Even though marine vehicles are frequently used to transport oil and gas across continents, the pipeline transportation market is still the most popular option in logistics because of its affordability. This is a strong trend that is boosting the market growth. The gas-in procedure for the first string of the Nord Stream 2 pipeline was announced to be completed on October 18, 2021, according to a press release. The pipeline was declared ready for gas transportation. The Nord Stream 2 is over 1230 kilometers long and runs from Russia to Germany through the Baltic Sea.

Pipeline Transportation Market Segment Analysis:

Based on Type, In 2021, the Transmission Pipeline category led the market for the pipeline transportation market, accounting for approximately 85.0% of total revenue. The pipeline transportation market is divided into three categories: transmission pipelines, distribution pipelines, and gathering pipelines. Transmission pipelines are used to transport oil, gas, coal, water, and other fuels over extremely long distances, such as between plants or, in the case of fuels, even between countries. The distribution pipelines transport liquids to their final destinations. Gathering pipelines are required to collect fluids for subsequent processing or transmission. In terms of length, the utility of these pipelines is less than that of transmission pipelines. Pipeline Transportation MarketBased on the Solution, The pipeline transportation market was dominated by network communication solutions. Rapid virtualization of the pipeline transportation system, augmented reality, as well as the interconnection of detection and management equipment with communication equipment, is a significant factor driving market demand for network communication solutions. The requirement for a cost-effective and safe mode of transportation for hazardous chemicals. The presence of illegal liquids and gases stimulates market growth. Some of the factors that contribute to this are terrorist intervention and activities. There are numerous opportunities for market growth. Automation and control solutions play an important role in the remote operation capabilities of major pipelines such as those used to transport fuel across continents. The demand for automation and control solutions is increasing as a result of solutions such as Supervisory Control and Data Accumulation (SCADA) and Optimization Solutions. To ensure the safety of pipeline transport against pipeline transportation problems such as accidents and hackers, security solutions include video surveillance, intrusion detection, access control, fire & explosion safety, and so on. Leak detection, pigging solutions, batch tracking, and other solutions to ensure the smooth transport of products are all part of the integrity and tracking solutions. The setup and maintenance of optical fiber, microwave, and satellite systems used to manage overall communications between different parts and pipeline systems are referred to as network communication solutions. The other category includes analytics and edge control, both of which are relatively newer technologies in the field. Based on the Service, The pipeline transportation market is dominated by the maintenance and support segment. Maintenance, in its technical sense, entails functional checks, servicing, and repairing necessary devices, equipment, and machinery, as well as building infrastructure and supporting utilities in industrial, commercial, and residential installations. Maintenance and repair, including scheduled or preventive paint maintenance programs, are essential in the marine and air transportation, offshore structures, industrial plant, and facility management industries to maintain and restore coatings applied to steel in environments subject to erosion, corrosion, and environmental pollution. The increase in oil spills from subsea pipeline transportation and hazardous chemical leakage in recent years has increased market demand for maintenance and support services. It also provides necessary services, such as repairing detection equipment and other supporting facilities, and some of the factors driving the growth of maintenance and support services include erosion and corrosion of pipeline materials. The presence of demand and stringent regulations over the safety of the facilities to avoid economic losses and environmental pollution is projected to provide ample opportunities for the market growth of these services. Based on the Application, The Gas Pipeline Segment Dominated the pipeline transportation market in 2021, Natural gas consumption increased significantly, reaching 3,822.8 billion cubic meters (bcm) in 2020, owing to rising demand in a variety of industries, including power generation and transportation. This trend is expected to continue in the coming years, significantly driving the gas pipeline infrastructure. Natural gas demand is expected to grow significantly among all fuel types by 2030, owing to environmental benefits and the quest for energy security in regions such as the Middle East, Africa, and Asia-Pacific. Russia remained the world's largest LNG exporter in 2020, with 197.2 billion cubic meters of gas exported per year. The global LNG trade is expected to grow significantly, increasing demand for the natural gas pipeline network. Furthermore, the Indian government approved USD 774 million in January 2020 for a natural gas pipeline network in the northeast region as part of a national gas grid being built to connect remote parts of the country. The 1,656-kilometer pipeline is expected to cost up to INR 92.65 billion and will be completed by 2023. The development of new natural gas sources, such as shale gas deposits, and the resulting price pressure are increasing natural gas international trade. As a result, these developments are expected to increase demand for pipeline transportation market network growth during the forecast period.

Pipeline Transportation Market Regional Insights:

The market has been examined in major regions such as North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Because of the region's excellent pipeline infrastructure development, North America is the largest market for pipeline transportation. Pipelines across the United States and Canada are being pushed by rising power demand and high natural gas demand. The United States According to the Energy Information Administration, the United States has a 3-million-mile natural gas pipeline transmission network. Russia holds a potential market for oil and gas pipeline transportation in Europe, supporting rising energy demand, which drives market demand. Russian President Vladimir Putin announced USD 300 billion in incentives for new oil and gas projects north of the Arctic Circle in January 2020. This is expected to boost infrastructure investments in the country. Asia Pacific is a developing market. A significant increase in energy demand drives the need for oil and gas pipelines. Due to its high industrialization, China has the largest market in the region. PypeChina announced the construction of a USD 1.3 billion gas pipeline in North China in April 2021. South America has enormous growth potential as a result of new investments in oil and gas infrastructure development. The prospect of an oil and gas pipeline in South America is significant, and it is expected to boost the market during the forecast period. The Middle East and Africa are important oil and gas-producing regions. GCC countries in the Middle East, such as Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait, and Oman, are experiencing rapid growth in energy demand. Major oil producers include Algeria, Turkey, and Egypt. These countries are experiencing significant pipeline infrastructure development, which is expected to propel pipeline transportation market growth.

Pipeline Transportation Market Scope: Inquire before buying

Pipeline Transportation Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 20.33 Bn.
Forecast Period 2023 to 2029 CAGR: 7% Market Size in 2029: US $ 32.64 Bn.
Segments Covered: by Type Transmission Pipeline Distribution Pipeline Gathering Pipeline
by Solution Automation and Control Security Solutions Integrity and Tracking Solution Network Communication Solution Others
by Service Maintenance & Support Services Managed Services Consulting Services
by Application Oil & Gas Water Coal Others

Pipeline Transportation Market Key Players are:

1. Rockwell Automation, Inc. (US) 2. FMC Technologies, Inc (US) 3. Alcatel-Lucent (France) 4. Liebert Corporation (US) 5. ESRI (US) 6. Emerson (US) 7. Trimble (US) 8. Plex Systems, Inc (US) 9. Juniper Networks, Inc (US) 10. Enterprise Products Partners L.P (US) 11. BAKER & O'BRIEN, INC. (US) 12. Honeywell International Inc. (US) 13. Halliburton (US) 14. National Oilwell Varco (US) 15. ORBCOMM (US) 16. Oracle (US) 17. TechnipFMC plc (UK) 18. Mott MacDonald (UK) 19. John Wood Group PLC (UK) 20. Siemens (Germany) 21. Schneider Electric (France) 22. Alstom (France) 23. ABB Ltd (Switzerland) 24. Ansaldo STS (Italy) 25. Danfoss Inc (Denmark) 26. NIPPON STEEL CORPORATION (Japan) 27. Yokogawa Electric Corporation (Japan) 28. Huawei Technologies Co., Ltd. (China) Frequently Asked Questions: 1. Which region has the largest share in Global Pipeline Transportation Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Pipeline Transportation Market? Ans: The Global Pipeline Transportation Market is growing at a CAGR of 7% during forecasting period 2023-2029. 3. What is scope of the Global Pipeline Transportation Market report? Ans: Global Pipeline Transportation Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Pipeline Transportation Market? Ans: The important key players in the Global Pipeline Transportation Market are – Rockwell Automation, Inc. (US), FMC Technologies, Inc (US), Alcatel-Lucent (France), Liebert Corporation (US), ESRI (US), Emerson (US), Trimble (US), Plex Systems, Inc (US), Juniper Networks, Inc (US), Enterprise Products Partners L.P (US), BAKER & O'BRIEN, INC. (US) 5. What is the study period of this Market? Ans: The Global Pipeline Transportation Market is studied from 2022 to 2029.
1. Pipeline Transportation Market Size: Research Methodology 2. Pipeline Transportation Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Pipeline Transportation Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Pipeline Transportation Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • Middle East and Africa • South America 3.12. COVID-19 Impact 4. Pipeline Transportation Market Size Segmentation 4.1. Pipeline Transportation Market Size, by Type (2022-2029) • Transmission Pipeline • Distribution Pipeline • Gathering Pipeline 4.2. Pipeline Transportation Market Size, by Solution (2022-2029) • Automation and Control • Security Solutions • Integrity and Tracking Solution • Network Communication Solution • Others 4.3. Pipeline Transportation Market Size, by Service (2022-2029) • Maintenance & Support Services • Managed Services • Consulting Services 4.4. Pipeline Transportation Market Size, by Application (2022-2029) • Oil & Gas • Water • Coal • Others 5. North America Pipeline Transportation Market (2022-2029) 5.1. North America Pipeline Transportation Market Size, by Type (2022-2029) • Transmission Pipeline • Distribution Pipeline • Gathering Pipeline 5.2. North America Pipeline Transportation Market Size, by Solution (2022-2029) • Automation and Control • Security Solutions • Integrity and Tracking Solution • Network Communication Solution • Others 5.3. North America Pipeline Transportation Market Size, by Service (2022-2029) • Maintenance & Support Services • Managed Services • Consulting Services 5.4. North America Pipeline Transportation Market Size, by Application (2022-2029) • Oil & Gas • Water • Coal • Others 5.5. North America Semiconductor Memory Market, by Country (2022-2029) • United States • Canada • Mexico 6. European Pipeline Transportation Market (2022-2029) 6.1. European Pipeline Transportation Market, by Type (2022-2029) 6.2. European Pipeline Transportation Market, by Solution (2022-2029) 6.3. European Pipeline Transportation Market, by Service (2022-2029) 6.4. European Pipeline Transportation Market, by Application (2022-2029) 6.5. European Pipeline Transportation Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Pipeline Transportation Market (2022-2029) 7.1. Asia Pacific Pipeline Transportation Market, by Type (2022-2029) 7.2. Asia Pacific Pipeline Transportation Market, by Solution (2022-2029) 7.3. Asia Pacific Pipeline Transportation Market, by Service (2022-2029) 7.4. Asia Pacific Pipeline Transportation Market, by Application (2022-2029) 7.5. Asia Pacific Pipeline Transportation Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Pipeline Transportation Market (2022-2029) 8.1. Middle East and Africa Pipeline Transportation Market, by Type (2022-2029) 8.2. Middle East and Africa Pipeline Transportation Market, by Solution (2022-2029) 8.3. Middle East and Africa Pipeline Transportation Market, by Service (2022-2029) 8.4. Middle East and Africa Pipeline Transportation Market, by Application (2022-2029) 8.5. Middle East and Africa Pipeline Transportation Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Pipeline Transportation Market (2022-2029) 9.1. South America Pipeline Transportation Market, by Type (2022-2029) 9.2. South America Pipeline Transportation Market, by Solution (2022-2029) 9.3. South America Pipeline Transportation Market, by Service (2022-2029) 9.4. South America Pipeline Transportation Market, by Application (2022-2029) 9.5. South America Pipeline Transportation Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Rockwell Automation, Inc. (US) 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. FMC Technologies, Inc (US) 10.3. Alcatel-Lucent (France) 10.4. Liebert Corporation (US) 10.5. ESRI (US) 10.6. Emerson (US) 10.7. Trimble (US) 10.8. Plex Systems, Inc (US) 10.9. Juniper Networks, Inc (US) 10.10. Enterprise Products Partners L.P (US) 10.11. BAKER & O'BRIEN, INC. (US) 10.12. Honeywell International Inc. (US) 10.13. Halliburton (US) 10.14. National Oilwell Varco (US) 10.15. ORBCOMM (US) 10.16. Oracle (US) 10.17. TechnipFMC plc (UK) 10.18. Mott MacDonald (UK) 10.19. John Wood Group PLC (UK) 10.20. Siemens (Germany) 10.21. Schneider Electric (France) 10.22. Alstom (France) 10.23. ABB Ltd (Switzerland) 10.24. Ansaldo STS (Italy) 10.25. Danfoss Inc (Denmark) 10.26. NIPPON STEEL CORPORATION (Japan) 10.27. Yokogawa Electric Corporation (Japan) 10.28. Huawei Technologies Co., Ltd. (China)

About This Report

Report ID 96565
Category Information Technology & Telecommunication
Published Date June 2023
Updated Date