Global Pipeline Monitoring System Market to dominated by Crude & Petroleum industry till 2026 - Industry Statistics
Growing safety concerns and rise in demand for oil and gas industry is expected to drive the demand of the global pipeline monitoring system market for the forecast period. According to TechSci Research report, “ Pipeline Monitoring System Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026 Segmented By Type (Metallic, Non-metallic, Others), By Technology (Ultrasonic testing, Smart ball, Magnetic flux leakage technology and Others), By End-User Industry (Crude & Petroleum, Water & Wastewater, Others), By Application (Operating Efficiency, Leak Detection, Pipeline Break Detection) and By Region” , the global pipeline monitoring system market is expected to grow at a steady CAGR for the forecast period, 2022-2026. Pipelines are used to carry liquids, including wastewater, water and oil, and gas. These pipes are constructed in extremely harsh conditions, which could deteriorate pipe quality, resulting in leakage. Pipeline monitoring s...