This Future Market Insights Report examines the ‘Intelligent Pigging Services’ market for the period 2015 - 2025. The primary objective of the report is to offer updates and market opportunities in the global intelligent pigging services market.
Albany, NY -- (SBWIRE) -- 09/24/2015 -- Improving global economy, rising petroleum consumption and production, stringent government & industry regulations and advancements in inspection technologies are key drivers of the global intelligent pigging services market. The Latin America market is expected to register the highest CAGR during the forecast period. The Western Europe and the North America intelligent pigging services markets are expected to register moderate CAGRs over the forecast period. The North America intelligent pigging market is expected to experience price wars, due to high concentration of intelligent pigging service providers in the region. High costs associated with intelligent pigging and shrinking profit margins are some of the factors expected to inhibit growth of the global intelligent pigging services market over the forecast period.
The report starts with an overview of intelligent pigging services. Intelligent pigging services have been used for inspecting and maintaining the oil and gas pipelines for decades. To understand and assess the opportunities in this market the report is categorically split under three sections namely: market analysis by technology, end-use industry and region.
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FMI covers the intelligent pigging services market performance in terms of revenue split in Asia Pacific Excluding Japan, Middle East & Africa, Latin America, North America, Western Europe, Eastern Europe and Japan. This section also includes FMI's analysis of key trends, drivers and restraints from supply and demand perspectives. Impact analysis of key growth drivers and restraints based on weighted average model included in the report better equips client with crystal clear decision making insights.
The report analyses the market on the basis of technology and presents the forecast in terms of value for the next 10 years. Technology types covered in the report include:
Magnetic Flux Leakage (MFL)
Ultrasonic Test (UT)
The report further analyses the market on the basis of end-use industry and presents the forecast in terms of value for the next 10 years. End-use industries covered in the report include:
The next section of the report analyses the market on the basis of region further sub-divided into countries and presents the forecast in terms of value for the next 10 years. The report also analyses the technology and end-use industry segments by each region and respective countries. Regions covered in the report include:
Asia-Pacific Excluding Japan
Rest of APEJ
Rest of Latin America
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