Global Pipeline Monitoring System Market Size & Outlook
Global pipeline monitoring system market, 2017-2030 (US$M)
Related Markets
Global pipeline monitoring system market highlights
- The global pipeline monitoring system market generated a revenue of USD 15,501.8 million in 2023 and is expected to reach USD 26,721.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.1% by 2030.
- In terms of segment, acoustic/ultrasonic accounted for a revenue of USD 3,759.8 million in 2023.
- LIDAR is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 15,501.8 million |
| Market revenue in 2030 | USD 26,721.8 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Acoustic/ultrasonic |
| Fastest growing segment | LIDAR |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PIGs, Smart Ball, Acoustic/Ultrasonic, Magnetic Flux Leakage Technology, Fiber Optic Technology, Mass Volume/Balance, LIDAR, Vapor Sensing |
Other key industry trends
- In terms of revenue, the North America accounted for 28.0% of the global pipeline monitoring system market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 841.0 million by 2030.
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Pipeline Monitoring System Market Scope
Pipeline Monitoring System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global pipeline monitoring system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pipeline monitoring system market will help companies and investors design strategic landscapes.
Acoustic/ultrasonic was the largest segment with a revenue share of 24.25% in 2023. Horizon Databook has segmented the Global pipeline monitoring system market based on pigs, smart ball, acoustic/ultrasonic, magnetic flux leakage technology, fiber optic technology, mass volume/balance, lidar, vapor sensing covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Pipeline Monitoring System Technology Outlook (Revenue, USD Million, 2017-2030)
- PIGs
- Smart Ball
- Acoustic/Ultrasonic
- Magnetic Flux Leakage Technology
- Fiber Optic Technology
- Mass Volume/Balance
- LIDAR
- Vapor Sensing
- Others
- Global Pipeline Monitoring System Pipe Type Outlook (Revenue, USD Million, 2017-2030)
- Metallic
- Non-Metallic
- Others
- Global Pipeline Monitoring System Application Outlook (Revenue, USD Million, 2017-2030)
- Leak Detection
- Operating Condition
- Pipeline Break Detection
- Others
- Global Pipeline Monitoring System End User Outlook (Revenue, USD Million, 2017-2030)
- Oil & Gas
- Water & Wastewater
- Others
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Our clientele includes a mix of pipeline monitoring system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global pipeline monitoring system market , including forecasts for subscribers. This global databook contains high-level insights into Global pipeline monitoring system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global pipeline monitoring system market size, by regions, 2017-2030 (US$M)
Top 10 countries: Pipeline monitoring system market size, 2023 (US$M)
Global pipeline monitoring system market share, by technology, 2023 & 2030 (%, US$M)
Pipeline monitoring system market: Opportunity assessment by country
Global pipeline monitoring system market, by region, 2023 (US$M)
Related regional statistics
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