The Pipeline Safety Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Pipeline Safety Market?
The size of the pipeline safety market has been expanding noticeably. It's projected to rise from $9.82 billion in 2024 to $10.67 billion in 2025, with a compound annual growth rate (CAGR) of 8.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Pipeline Safety Industry?
The Pipeline Safety Global Market is projected to have a size of $16.59 billion in 2029 with a compounded annual growth rate (CAGR) of 11.7%.
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What are the Key Growth Drivers Fueling the Pipeline Safety Market?
The key drivers in the pipeline safety market are:
• Integration of advanced analytics in pipeline safety
• Adoption of remote monitoring systems
• Emphasis on cybersecurity measures in pipeline infrastructure
• Focus on proactive maintenance measures for pipeline safety
Global Market Segmentation: Identifying Major Pipeline Safety Industry Segments
The pipeline safety market covered in this report is segmented –
1) By Component: Solutions, Services
2) By End User: Natural Gas, Crude Oil, Refined Products, Other End Users
3) By Application: Onshore, Offshore
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What are the Emerging Trends Shaping the Future of the Pipeline Safety Market?
The key trends in the pipeline safety market are:
• Drone technology for pipeline surveillance is emerging as an important trend.
• Enhanced communication and collaboration platforms are being increasingly adopted in the sector.
• There is a clear push towards regulatory compliance management systems.
• The use of augmented reality (AR) for training and maintenance along with hybrid pipeline monitoring solutions are key upcoming trends.
Who Are the Top Competitors & Leading Players in the Pipeline Safety Market?
Major companies in the pipeline safety market are:
• Exxon Mobil Corporation
• Chevron Corporation
• Marathon Petroleum Corporation
• Valero Energy Corporation
• The Phillips 66 Company
• Energy Transfer Partners L.P.
• Siemens AG
• General Electric Company
• Plains All American Pipeline L.P.
• Cisco Systems Inc.
• Enbridge Inc.
• Schneider Electric SE
• Honeywell International Inc.
• ABB Ltd.
• Kinder Morgan Inc.
• TransCanada Corporation
• Williams Companies Inc.
• Rockwell Automation Inc.
• AVEVA Group plc
• Total Safety Inc.
• Perma-Pipe Inc.
• Senstar Corp
• Future Fiber Technologies
• TTK Leak detection System
• ESRI Inc.
• Magellan Midstream Partners L.P.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the pipeline safety market in 2024
