Asia Pacific Pipeline Monitoring System Market Size & Outlook
The pipeline monitoring system market in Asia Pacific is expected to reach a projected revenue of US$ 5,267.4 million by 2030. A compound annual growth rate of 9.2% is expected of Asia Pacific pipeline monitoring system market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,850.1
Forecast, 2030 (US$M)
$5,267.4
CAGR, 2024 - 2030
9.2%
Report Coverage
Asia Pacific
Asia Pacific pipeline monitoring system market, 2017-2030 (US$M)
Related Markets
Asia Pacific pipeline monitoring system market highlights
- The Asia Pacific pipeline monitoring system market generated a revenue of USD 2,850.1 million in 2023.
- The market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, acoustic/ultrasonic was the largest revenue generating technology in 2023.
- LIDAR is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,850.1 million |
| Market revenue in 2030 | USD 5,267.4 million |
| Growth rate | 9.2% (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 |
| Key market players worldwide | ABB Ltd, Emerson Electric Co, GE Aerospace, Honeywell International Inc, Huawei Technologies, Rockwell Automation Inc, Schneider Electric SE, Siemens AG, QinetiQ Group PLC, ORBCOMM |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.4% of the global pipeline monitoring system market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,267.4 million by 2030.
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Pipeline Monitoring System Market Scope
Pipeline monitoring system market segmentation & scope
PIGs
Smart Ball
Acoustic/Ultrasonic
Magnetic Flux Leakage Technology
Fiber Optic Technology
Mass Volume/Balance
LIDAR
Vapor Sensing
Others
Pipeline Monitoring System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 24.36% in 2023. Horizon Databook has segmented the Asia Pacific 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.
- Asia Pacific 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
- Asia Pacific Pipeline Monitoring System Pipe Type Outlook (Revenue, USD Million, 2017-2030)
- Metallic
- Non-Metallic
- Others
- Asia Pacific Pipeline Monitoring System Application Outlook (Revenue, USD Million, 2017-2030)
- Leak Detection
- Operating Condition
- Pipeline Break Detection
- Others
- Asia Pacific Pipeline Monitoring System End User Outlook (Revenue, USD Million, 2017-2030)
- Oil & Gas
- Water & Wastewater
- Others
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Target buyers of Asia Pacific pipeline monitoring system market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific pipeline monitoring system market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific pipeline monitoring system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific pipeline monitoring system market size, by country, 2017-2030 (US$M)
Asia Pacific Pipeline Monitoring System Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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