Intelligent Pigging Services Market Revenue is expected to reach US$ 826.5 Mn by 2025
Verfasser: pradnya_86 on Monday, 26 June 2017Global Intelligent Pigging Services Market Overview
Global intelligent pigging services market is projected to account for US$ 826.5 Million by 2025 at an estimated CAGR of 6.3% during the forecast period. Globally, the estimated oil & gas pipeline network is approximately 3.5 million km long. Pipeline operators are responsible for maintaining smooth functioning of the pipelines. The most important aspect for pipeline operators is maintaining pipeline integrity. Oil & gas pipelines are subject to many problems such as corrosion and wax deposition, which can result in mishaps and directly affect functioning of the pipeline. A pig (pipeline inspection gauge) is a device that can travel through pipelines for inspection and maintenance purposes. Pigs can be used to inspect and clean the pipeline. In-line pigs are used for analysing pipeline condition and provide accurate information about the same. As pipelines transport valuable fluids, overall infrastructure of the pipeline is expensive and needs regular maintenance in order to ensure smooth functioning and longevity. Pipeline operators are investing in pigging technology to aid efficient maintenance of the pipeline infrastructure. Intelligent or smart pigs use electronic chips to record data about condition of the pipeline which is used to analyse and resolve the problem in the pipeline.
Technology Overview