Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Pigging is an advanced technique in which devices called pigs are attached to the pipelines in order to perform inspection and cleansing activities. Intelligent pigging is an inspection device used to gather important data such as to identify the presence of corrosion or other deformities on the inner walls of the pipe. The intelligent pigging system is advanced devices that are capable of doing the advance inspection and also cleanse it effectively. Intelligent pigging uses advanced examination techniques to inspect the long pipe such as ultrasonic testing and magnetic flux leakage testing for detecting erosion, metal loss, pitting, etc.

The global intelligent pigging market is projected to surpass US$ 900 million by the end of 2027, in terms of revenue, growing at CAGR of 6.4% during the forecast period (2020 to 2027).

Drivers

Development in the global economy is a major factor fueling the market growth of intelligent pigging. In the recent few years, the global economy has significantly improved and is expected to grow further in the near future due to developing monetary conditions. Rapid urbanization and industrialization around the globe coupled with favorable government policies are also expected to augment the market growth of intelligent pigging.

Advancement in the inspection technologies by major players is expected to favor the market growth of the intelligent pigging. For instance, in September 2019, Indian Oil launched a new artificial intelligence-powered intelligent pigging analysis software. The new intelligent pigging analysis software is based on Alethe Consulting’s MASS platform. Thus, the advent of advanced inspection technologies is expected to propel the market growth.

Regionally, North America dominated the global intelligent pigging market in 2019, reporting 48% market share in terms of revenue, followed by Europe and Asia-Pacific, respectively.

Figure 1. Global Intelligent Pigging Market, Revenue Share (%), By Region, 2019

Intelligent Pigging  | Coherent Market Insights

Market Restraints

Intense competition in the market due to the presence of a large number of players has led to price wars, in turn, reducing profit market of the manufacturer is expected to hinder the market growth of intelligent pigging. Cost-sensitive market such as India is expected to leads to price among providers.

The high cost of implementation of an in-line pigging system based on MFL, UT, and EMAT technologies is expected to restrict the market growth of intelligent pigging. According to Coherent Market Insights analysis, the average pricing of intelligent pigging technologies such as MFL and UT is expected to increase by approximately 5-7% on year on year basis over the next few years.

Market Opportunities

Rising demand for small-diameter intelligent pigging system is expected to provide potential growth opportunities to the market of the intelligent pigging. The growing use of combined technologies such as magnetic flux leakage and ultrasonic technology for the oil &gas industry due to its robustness and flexibilities is further anticipated to propel the market growth of the intelligent pigging over the forecast period.

Increasing focus of manufacturer on regular inspection and maintenance of pipeline is raising demand for advanced inspection such as multi-data set (MDS) for locating dents and deformation (DEF) for detecting dents. Moreover, increasingly strict regulations regarding the inspection technique across the various industry for safety purpose is also expected to augment the market growth of the intelligent pigging over the forecast period.

Figure 2. Global Intelligent Pigging Market – Opportunity Analysis

Intelligent Pigging  | Coherent Market Insights

Market Trends

Increasing shale gas and offshore deep-water exploration activities are expected to stimulate the market growth of intelligent pigging over the forecast period. Growth in the oil &gas industry due to technological advancement and expanding network of pipelines to distribute petroleum products is further anticipated to foster the market growth of the intelligent pigging over the forecast timeframe.

The rising trend of integrating a GPS system on intelligent pigging for efficient diagnosis of the defects in the pipe is expected to foster the market growth of the intelligent pigging. The new generation pigs comprise GPS capability that allows easy detection of precise and small defects in the inner wall of the pipeline. Moreover, GPS pigs are also available in a variety of sizes. The growing adoption of such advanced technologies is expected to propel the market growth.

Figure 3. Global Intelligent Pigging Market, Revenue Share (%), By Technology, In 2019

Intelligent Pigging  | Coherent Market Insights

On the basis of technology, magnetic flux leakage dominated the global intelligent pigging market in 2019 with around 67% of market share in terms of revenue, followed by ultrasonic test, respectively.

Competitive Section

Key players are operating in the global intelligent pigging market are LIN SCAN, T.D. Williamson, Inc., Baker Hughes Incorporated, GE Oil and Gas, NDT Global, Enduro Pipeline Services, Inc., Oil & Gas Explorers and Producers, Petrobras, OMV Group, ConocoPhillips, and Royal Dutch Shell PLC

Few Recent Developments

LIN SCAN

  • In April 2019, LIN SCAN successfully completed the cleaning and inspection of three strategic crude oil loading lines in the UAE that had been deemed unpiggable. LIN SCAN carried out the geometric and metal loss inspection survey using its high-resolution magnetic flux leakage tool and submitted digital intelligent inspection reports for the integrity assessment of these lines.

Intelligent Pigging is a type of inspection method where an inspection probe or smart pig is drove through pipelines for collection of vital data like presence and location of corrosion and other irregularities of inner walls of pipe. This enables the cleaning of pipelines by scrapping pipe side-walls and removal of dirt and wreckage through it which avoids erosion-corrosion, pitting, weld anomalies, metal loss.

Market Dynamics

The global Intelligent pigging market has witnessed significant growth in recent past years, owing to the rising incorporation of automation technology by original equipment manufacturers and equipment vendors in various end-user industries. Pipe manufacturers are focusing on research and developments for improving the pipeline inspections and maintenance which will enable efficient analysis of pipeline flow. This scenario is expected to provide lucrative growth to the global intelligent pigging market over the forecast period.

Major players in the global intelligent pigging market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries manufacturing, oil & gas, mining and others. This scenario is expected to fuel the market during the forecast period.

Key features of the study:

  • This report provides in-depth analysis of global intelligent pigging market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2020 – 2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global intelligent pigging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study includes LIN SCAN, T.D. Williamson, Inc., Baker Hughes Incorporated, GE Oil and Gas, NDT Global, Enduro Pipeline Services, Inc., Oil & Gas Explorers and Producers, Petrobras, OMV Group, ConocoPhillips, and Royal Dutch Shell PLC
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Technology up-gradation, market expansion, and marketing tactics
  • The global intelligent pigging market report caters to various stakeholders in this industry including investors, suppliers, global Intelligent pigging manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global intelligent pigging market

Detailed Segmentation:

  • Global Intelligent Pigging Market, By Technology:
    • Magnetic Flux Leakage
    • Ultrasonic Test
  • Global Intelligent Pigging Market, By End-use Industry:
    • Oil
    • Gas
  • Global Intelligent Pigging Market, By Region:
    • North America
      • U.S.
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
      • Canada
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
    • Latin America
      • Brazil
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
      • Mexico
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
      • Rest of Latin America
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
    • Europe
      • France
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
      • Germany
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
      • U.K.
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
      • Russia
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
      • Rest of Europe
        • By Technology
          • Water-Based
          • Hot/Cold Seal
          • Solvent Less
          • Solvent Based
        • By End-use Industry
          • Food Packaging
          • Medical Packaging
          • Industrial Packaging
          • Others
    • Asia Pacific
      • China
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
      • Japan
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
      • Australia & New Zealand
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
      • India
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
      • Rest of the Asia-pacific
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
    • Middle East & Africa
      • GCC
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
      • South Africa
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
      • Rest of Middle East & Africa
        • By Technology
          • Magnetic Flux Leakage
          • Ultrasonic Test
        • By End-use Industry
          • Oil
          • Gas
  • Company Profiles
    • LIN SCAN*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • D. Williamson, Inc.
    • Baker Hughes Incorporated
    • GE Oil and Gas (PII Pipeline Solutions)
    • NDT Global
    • Enduro Pipeline Services, Inc.
    • Oil & Gas Explorers and Producers
    • Petrobras
    • OMV Group
    • ConocoPhillips
    • Royal Dutch Shell PLC

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Technology
      • Market Snippet, By End-use Industry
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Global Intelligent Pigging Market - Impact of Coronavirus (Covid-19) Pandemic
    • Change in the Consumer Spending Pattern, by Geography
      • North America
      • Latin America
      • Asia-pacific
      • Europe
      • Middle East & Africa
  5. Global Intelligent Pigging Market, By Technology, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Magnetic Flux Leakage
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Ultrasonic Test
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
  6. Global Intelligent Pigging Market, By End-use Industry, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Oil
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Gas
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
  7. Global Intelligent Pigging Market, By Region, 2017- 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2020 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Rest of Latin America
          • Sub-region/Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • France
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Poland
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Rest of Europe
          • Sub-region/Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • India
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Oceania
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Rest of Asia Pacific
          • Sub-region/Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
    • Middle East & Africa
      • Market Share Analysis, By Country/ Sub-region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country/ Sub-region, 2020 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Rest of Middle East & Africa
          • Sub-region/Country Trends
          • Market Size and Forecast, By Technology, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
  8. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • LIN SCAN
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • T.D. Williamson, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Baker Hughes Incorporated
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • GE Oil and Gas (PII Pipeline Solutions)
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • NDT Global
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Enduro Pipeline Services, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Oil & Gas Explorers and Producers
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Petrobras
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • OMV Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • ConocoPhillips
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Royal Dutch Shell PLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 45 market data tables* and 30 figures* on "Global Intelligent Pigging Market” – global forecast to 2027

Frequently Asked Questions

The market for global intelligent pigging is forecast to surpass US$ 900 million by 2027 witnessing a CAGR of 6.4% between 2020 and 2027.
Rapid urbanization & industrialization and advancement in the inspection technologies by major players is fuelling the growth of the global intelligent pigging market in the region.
Increasing shale gas and offshore deep-water exploration activities and rising trend of integrating a GPS system on intelligent pigging for efficient diagnosis of the defects in the pipe are expected to favor market growth over the forecast period.
High cost of implementation of in-line technologies and competitive pricing due to presence of a large number of players in the market is expected to hamper the growth the market during the forecast period.
Major players operating in the global intelligent pigging market include LIN SCAN, T.D. Williamson, Inc., Baker Hughes Incorporated, GE Oil and Gas, NDT Global, Enduro Pipeline Services, Inc., Oil & Gas Explorers and Producers, Petrobras, OMV Group, ConocoPhillips, and Royal Dutch Shell PLC
The global intelligent pigging market was estimated to be valued around US$ 550 Million in terms of revenue in 2019.
Existing Clientele

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients

Our Trusted Patner