Pipeline Transportation Market Worth $13.97 Billion by 2019
Browse 79 market tables and 40 figures spread through 148 pages on "Pipeline Transportation Market - Global Forecast to 2019"
http://www.marketsandmarkets.com/Market-Reports/pipeline-transportation-market-110375125.html
Early buyers will receive 10% customization on this report.
The pipeline system is used since the 18th Century for commercial activities. The pipelines are considered to be the safest and efficient means of transporting large quantities of oil, gas, chemical, coal and water. According to Canada energy pipeline association the pipelines every day transfer enough amounts of oil and petroleum products to fill 15,000 trucks loads and 4,200 rail cars. The worldwide production of crude oil and gas has been on rise and approximately 85% of all the oil and gas is supplied through pipelines.
The increase in demand for the energy resources has resulted in companies searching for new areas to extract coal and oil. The maintenance and management of the pipeline system are labor intensive and time consuming; hence the companies are developing control systems such as SCADA and monitoring systems to assist operators to control the whole site. Also most of the pipelines are buried underground which makes manual inspection difficult so the technologies such as sensors and pig tracker makes it easy for controller to detect corrosion and cracks in the pipelines. The security solution such as video surveillance, access control and alarm system also help to secure the sites such as metering stations, pumping stations and block valve stations.
MarketsandMarkets has segmented the global Pipeline Transportation Market by solutions: security solutions, automation and control, integrity solution, tracking and monitoring, and communication solution; by services: consulting, managed, and maintenance and support; by mode: oil and gas, coal, chemical, water and others; and by regions: North America (NA), Asia-Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA). Some of the leading players that operate in this market include ABB, Alstom, Siemens, GE Transportation, Emerson, ESRI, FMC Technologies, Trimble, and Schneider Electric.
The major forces driving this market are increase in demand for oil, it's safe and economical transportation system, and less impact it has on the environment. The prime opportunity which is expected to boost this market is increase in demand for secured midstream solutions in APAC and LA region.
Further Inquiry:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=110375125
MarketsandMarkets expects that the Pipeline Transportation Market is estimated to be $8.68 billion in 2014 and is expected to grow to $13.97 billion in 2019. This represents an estimated Compound Annual Growth Rate (CAGR) of 10.0% from 2014 to 2019.
Browse Related Reports
Pipeline Safety Market [Physical Security (PIDS, Optic Fiber & Thermal Sensor, Acoustic Sensor, Leakage Detection, UAV, GPS Mapping, Smart Pigging), ICS Security, Professional Services] - Global Advancements, Forecasts & Analysis (2013 - 2018)
http://www.marketsandmarkets.com/Market-Reports/pipeline-safety-market-187556390.html
Smart Transportation Market (Ticketing Management, Parking Management, Traffic Management, Smart Signalling System, Multimodal Information System, Cloud Services, Business Services) - Global Advancements, Forecasts and Analysis (2014 - 2019)
http://www.marketsandmarkets.com/Market-Reports/smart-transportation-market-692.html
About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
