Global Pipeline Monitoring Solutions Market to Reach $12.6 Billion by 2024 – Driven by Growing Pipeline Infrastructure & Associated Regulatory Policies – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global
Pipeline Monitoring Solutions Market, 2016 to 2024” report to
their offering.

The Global Pipeline Monitoring Solutions Market has been estimated to be
valued at US$ 7.7 Bn by the end of 2016, and is expected to reach US$
12.6 Bn by 2024, expanding at a CAGR of 6.4% from 2016 to 2024.

Global pipeline network is about 3.5 million kilometers used for safe
movement of oil & gas product. Pipelines are considered to be the safest
and the most efficient mode of transportation of hydrocarbons as the
products are hazardous in nature and any spillage or leakage can results
in huge loss to the product owner as well as to the environment. Growing
demand for fossil fuel coupled with increasing international trade
promoting the usage of pipeline infrastructure for the transportation of
oil & gas products. Further, recent accident happened in recent past
such as explosion in gas pipeline in Minnesota, U.S., and eruption of
natural gas pipeline in Nebraska in 2014 has bought in legislation for
the pipeline carrying hazardous products to mandatory have pipeline
monitoring systems.

Thus, global pipeline monitoring system market is anticipated to driven
by factors such as increasing demand for fossil fuels, increasing trade
of oil & gas products coupled with growing pipeline infrastructure and
associated regulatory policies.

Companies Mentioned

• ABB Group
• BAE Systems
• Future Fiber Technologies
• General Electric
• Honeywell International Inc.
• Huawei Technologies Co. Ltd
• Radiobarrier
• Schneider Electric Se
• Siemens AG
• Senstar, Inc.
• Syrinix
• Thales Group

Key Topics Covered:

1. Preface

2. Executive Summary

3. Global Pipeline Monitoring Solutions Market Dynamics

4. Market Size (US$ Bn), by Technology & Solutions

5. Market Size (US$ Bn), by Vertical

6. Market Size (US$ Bn), by Services

7. Market Size (US$ Bn), by Geography

8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/54nfpz/global_pipeline

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Related
Topics: Pipelines,
Gas
and Chemical Sensors