Pipeline Safety Industry Press Release
Portland, OR -- (SBWIRE) -- 10/10/2017 -- According to a recent report published by Progressive Markets on the ICT and Media sector, which titled, "Global Pipeline Safety Market- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025", the industry is expected to grow at a CAGR of 8% during the period, 2017–2025. It is suitable for manufacturers and stakeholders owing to comprehensive analysis it offers of factors that increase or decrease growth of the market.
The analysts describe features that cause slow progress of the global pipeline safety market, such as rise in cyberattacks and online hacking. Moreover, the study offers key takeaways of the industry, such as it provides great competitive edge to manufacturers, stakeholders, and new entrants. It provides comprehensive evaluation of aspects that have potential to restrict or drive the industry.
The research gives a brief introduction of the global pipeline safety market in terms of its scope. It offers summary which includes significant findings, market attractiveness, competitive landscape, recent developments, and trend analysis. It incorporates research methodology, such as Porter's Five Forces Analysis (PFFA) to understand rivalry in the industry. This also includes bargaining power of the supplier & buyer and threat from substitutes & new entrepreneurs. It divides the industry into solutions, verticals, services, and geographies.
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Based on solution, the study segments the global pipeline safety market into real time leak detection, sensitivity & positional accuracy, threat identification, command & control systems, real time monitoring, unauthorized excavation, illegal tapping attempts, and danger management systems. According to it, the industry offers services, such as consulting services, professional services, and security services. Geographically, it segments the market into Europe, North America, Latin America Middle East & Africa (LAMEA), and Asia-Pacific.
As per the study, verticals of the global pipeline safety market include crude oil pipelines, aviation, gas pipelines, and others. It analyzes share of the industry by solutions, verticals, services, and geographies during the period, 2014–2025. It assesses market size of each solution, vertical, and service by region for the historic period and forecast period, 2014–2016 and 2017–2025, respectively. In addition, it evaluates market size of all countries of the industry during historic period and forecast period.
The study discusses big market players of the global pipeline safety market, such as Future Fiber Technologies, GPS Security Group, Buckeye Partners, L.P., Elbit Systems Ltd., Honeywell International, Schneider Electric, Siemens AG, ABB group & Thales Group, and TransCanada Group. It offers brief introduction of every manufacturer. Further, it analyzes business and finance segment of each company. It also evaluates recent advancements made by every firm. The experts describe various factors that vendors adopt to evolve market trends. These include product development, acquisition, product approval, and collaboration. The report explores factors that accelerate growth of the industry which include rise in terrorist attacks chemical & gad leakage in combination with natural disaster. It discusses alternate aspects that propel demand of the industry, such as identification of new investment pockets in the oil and gas market.
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