The major companies in the pipeline transportation market are ABB Group, Alcatel-Lucent, Emerson Electric Co, FMC Technologies, and Schneider Electric. The global pipeline transportation market is expected to rise from $124.
New York, April 04, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Pipeline Transport Global Market Report 2022” – https://www.reportlinker.com/p06250340/?utm_source=GNW
$71 billion in 2021 to $136.2 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The market is expected to reach $183.29 billion in 2026 at a compound annual growth rate (CAGR) of 7.7%.
The pipeline transportation market includes sales of pipeline transportation services and related goods by entities (organizations, sole proprietorships, and partnerships) that use transportation pipelines to transport various commodities, such as crude oil, natural gas , refined petroleum products and slurry.
Major types in the pipeline transportation market are crude oil pipeline transportation, natural gas pipeline transportation, refined petroleum product pipeline transportation, and other pipeline transportation. Pipeline transportation of refined petroleum products uses transmission pipelines to transport refined petroleum products.
The market is segmented by solutions into security solutions, automation and control, integrity and monitoring solution, network communication solution and others and by services into consulting service, managed service, maintenance and support.
North America was the largest pipeline transportation market region in 2021. Asia-Pacific was the second largest pipeline transportation market region.
Regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Pipeline transportation companies are using augmented reality for efficient maintenance operations. Augmented reality (AR) is the technology that combines images, videos, etc. of the real world with computer generated information and/or images viewed through an output including a monitor, headphones, etc. AR superimposes digital elements on the physical world, usually using a headset or tablet that the user can point at real objects. In the pipeline transportation industry, AR headsets that clip onto hard hats can project the hands-free instructions a technician needs onto equipment to perform an inspection or maintain a system. AR animations dramatically increase efficiency and reduce errors and uncertainty by showing the steps, tools and parts needed.
The countries covered by pipeline transportation market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel. , Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela and Vietnam.
Read the full report: https://www.reportlinker.com/p06250340/?utm_source=GNW
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