London, UK -- (SBWIRE) -- 01/20/2023 -- The rapidly evolving oil and gas sector has been propelling the demand for Pipeline Pigging Systems over the past few years. According to a recent report, the global Pipeline Pigging Systems is expected to grow at a CAGR of 2.89% during the forecast period, mainly due to increasing use of pipelines for transportation of liquids and gasses in the oil and gas and other related industries.

Pigging systems are primarily used for inspecting, cleaning and gauging of pipelines. They are particularly important for the safe and efficient flow of product in a pipeline, as they help assess any internal pressure build-up due to debris or corrosion, which ultimately leads to higher leakages. Apart from this, pigging systems are also used for regular cleaning of pipes and to detect any scratches, cracks or abnormalities within the system. Thus, it can be concluded that these systems are a cost-effective and efficient way to manage the flow of liquid and gas in pipelines.

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The report highlights key players in the market, focusing on the development of advanced and innovative products and providing efficient services to stay ahead of their peers and maximize their market share.

The research study includes profiles of leading companies operating in the global Pipeline Pigging Systems industry
3P Services GmbH & Co KG
GE(Baker Hughes)
Pigtek Ltd
Dacon Inspection Services
PLL Pipeline Solutions
LIN SCAN
NDT Global Corporate Limited
Aubin Group
CIRCOR Energy
Diamond Edge Services
Pure Technologies
Enduro Pipeline Services
GeoCorr
T.D. Williamson
Pigs Unlimited International
OMV Aktiengesellschaft

On the basis of application segment, the market has been segmented into oil & gas, petrochemical and chemical, water & wastewater and nozzles & nipples, among others. The oil and gas segment is expected to dominate the market due to the surge in demand for efficient, cost-effective and environment-friendly solutions for maintaining safe and continuous operations. On the basis of technology, the market has been segmented into non-metallic pipeline pigs and metal pipeline pigs.

The Pipeline Pigging Systems Market Major Segments and Subsegments Listed Below

Segmented by Type
Ultrasonic Pigging(UT)
Magnetic Flux Leakage(MFL)
Other

Segmented by Application
Oil & Gas
Chemicals
Construction
Other

Regional Analysis Covered in this report:
North America [United States, Canada]
Europe [Germany, France, U.K., Italy, Russia]
Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
Latin America [Mexico, Brazil, Argentina]
Middle East & Africa [Turkey, Saudi Arabia, UAE]

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In conclusion, the global Pipeline Pigging Systems market is expected to register steady growth over the forecast period on account of increasing need for efficient and cost-effective maintenance solutions in the oil and gas industry. Moreover, with strict regulations in place and rising awareness among consumers, the demand for efficient systems is likely to gain traction. Moreover, players in the market are focusing on developing innovative and advanced systems to keep up with the growing demand for efficient and reliable pipeline pigging solutions.

Table of Content
1 Scope of the Report

2 Executive Summary

3 Global Pipeline Pigging Systems by Company

4 World Historic Review for Pipeline Pigging Systems by Geographic Region

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Manufacturing Cost Structure Analysis

11 Marketing, Distributors and Customer

12 World Forecast Review for Pipeline Pigging Systems by Geographic Region

13 Key Players Analysis

14 Research Findings and Conclusion

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