Pipeline Transport Global Market Report 2024

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Global Pipeline Transport Market Report 2024

Pipeline Transport Global Market Report 2024 – By Type (Crude Oil Pipeline Transport, Natural Gas Pipeline Transport, Refined Petroleum Products Pipeline Transport, Other Pipeline Transport), By Solutions (Security Solutions, Automation And Control, Integrity And Tracking Solution, Network Communication Solution, Other Solutions), By Services (Consulting Service, Managed Service, Maintenance And Support)– Market Size, Trends, And Global Forecast 2024-2033

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Pipeline Transport Market Definition And Segments

Pipeline transport refers to a mode of transportation that involves the pipeline-based long-distance movement of solid, liquid, or gaseous products that use transmission pipelines to transport various products, such as crude oil, natural gas, refined petroleum products, and slurry, to lessen traffic on maritime, rail, and road transportation networks.

The main types in the pipeline transport market are crude oil pipeline transport, natural gas pipeline transport, refined petroleum products pipeline transport, and others. The refined petroleum products pipeline transport uses transmission pipelines to transport refined petroleum products. The market is segmented by solutions into security solutions, automation and control, integrity and tracking solutions, network communication solutions, and others, and by services into consulting services, managed services, and maintenance and support.

The pipeline transport market covered in this report is segmented –

1) By Type: Crude Oil Pipeline Transport, Natural Gas Pipeline Transport, Refined Petroleum Products Pipeline Transport, Other Pipeline Transport

2) By Solutions: Security Solutions, Automation And Control, Integrity And Tracking Solution, Network Communication Solution, Other Solutions

3) By Services: Consulting Service, Managed Service, Maintenance And Support

The pipeline transport market size has grown strongly in recent years. It will grow from $147.83 billion in 2023 to $157.91 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to economic growth, infrastructure development, energy demand, regulatory changes, geopolitical factors.

The pipeline transport market size is expected to see strong growth in the next few years. It will grow to $205.28 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to renewable energy transition, environmental regulations, energy security, digitalization and automation, carbon reduction goals . Major trends in the forecast period include shift to safer materials, increased environmental responsibility, adoption of smart technologies, expansion of lng infrastructure, cybersecurity focus.

Enhancing Efficiency In Pipeline Maintenance With Augmented Reality Technology

Pipeline transportation companies are using augmented reality for efficient maintenance operations. Augmented reality (AR) is the technology of combining real-world images, video, etc. with computer-generated information and/or imagery being viewed through an output, including a monitor, headset, etc. AR overlays digital elements onto the physical world, typically using a headset or tablet that the user can point toward real-life objects. In the pipeline transportation industry, AR headsets that clip onto hard hats can project hands-free instructions a technician needs onto equipment to conduct an inspection or maintain a system. AR animations dramatically boost efficiency and reduce errors and uncertainty by showing the necessary steps, tools, and parts.

Increase In Demand For Oil And Gas Surge Fuels Pipeline Transport Services Market Growth

The increase in demand for oil and gas is expected to propel the growth of the pipeline transport market going forward. Oil and gas refer to natural resources extracted from the earth that are used for various energy and industrial purposes, including petroleum and natural gas. Pipeline transport increases oil and gas demand by providing a cost-effective and efficient means of moving these resources from production sites to distribution centers and consumers, reducing transportation costs and enhancing accessibility, thus encouraging greater consumption. For instance, in June 2023, the International Energy Agency, a France-based intergovernmental economic organization, reported that global oil demand will rise by 6% between 2022 and 2028 to reach 105.7 million barrels per day (mb/d), supported by robust demand from the petrochemical and aviation sectors. Therefore, an increase in demand for oil and gas is driving the growth of the pipeline transport market.

Major companies operating in the pipeline transport market include ABB Group, Alcatel-Lucent Enterprise, Emerson Electric Co., FMC Technologies Inc., Schneider Electric SE, Kinder Morgan Inc., TransCanada PipeLines Limited, Enbridge Inc., Williams Companies Inc., Energy Transfer LP, Plains All American Pipeline LP, Colonial Pipeline Company, TC PipeLines LP, Dominion Energy Inc., Magellan Midstream Partners L.P., DCP Midstream LP, Buckeye Partners L.P., Crestwood Equity Partners LP, ONEOK Inc., Enterprise Products Partners L.P., TC Energy Corporation, Chevron Corporation, Exxon Mobil Corporation, Phillips 66, Shell Pipeline Company LP, EnLink Midstream Partners LP, NuStar Energy L.P., Noble Midstream Partners LP, Shell Midstream Partners L.P., CNX Midstream Partners LP, Pembina Pipeline Corporation, Keyera Corp., Inter Pipeline Ltd.

Next Generation Of Gas Distribution Module Boost Pipeline Transport Market

Major companies in the pipeline transport market are implementing next-generation gas distribution modules to gain a competitive advantage by improving safety, efficiency, and environmental sustainability in the distribution of natural gas. Mobile Pipeline modules are a type of gas distribution system that allows transport of compressed and renewable natural gas to those who need it, when they need it. For instance, in January 2023, Hexagon Group AG, a US-based provider of clean fuel solutions, launched the TITAN 450 modules, which represent the next generation of gas distribution modules and will be used to transport compressed and renewable natural gas (CNG and RNG) throughout North America. TITAN 450 Mobile Pipeline modules enable the safe transport of almost half a million standard cubic feet of CNG or RNG in a 40-foot module, allowing customers to deliver more gas with fewer trips, resulting in reduced operating costs.

North America was the largest region in the pipeline transport market in 2023. Asia-Pacific was the second largest region in the pipeline transport market. The regions covered in the pipeline transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the pipeline transport market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa

The pipeline transport market includes revenues earned by entities by transporting hazardous chemicals, gases, petroleum products, and crude oil using transmission pipelines to reduce obstacles in the supply of goods. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The pipeline transport market research report is one of a series of new reports from The Business Research Company that provides pipeline transport market statistics, including pipeline transport industry global market size, regional shares, competitors with a pipeline transport market share, detailed pipeline transport market segments, market trends and opportunities, and any further data you may need to thrive in the pipeline transport industry. This pipeline transport market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Pipeline Transport Market Report Scope

Report Attribute	Details
Market Size Value In 2024	$157.91 billion
Revenue Forecast In 2033	$205.28 billion
Growth Rate	CAGR of 6.8% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Crude Oil Pipeline Transport, Natural Gas Pipeline Transport, Refined Petroleum Products Pipeline Transport, Other Pipeline Transport 2) By Solutions: Security Solutions, Automation And Control, Integrity And Tracking Solution, Network Communication Solution, Other Solutions 3) By Services: Consulting Service, Managed Service, Maintenance And Support
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled	ABB Group; Alcatel-Lucent Enterprise; Emerson Electric Co.; FMC Technologies Inc.; Schneider Electric SE; Kinder Morgan Inc.; TransCanada PipeLines Limited; Enbridge Inc.; Williams Companies Inc.; Energy Transfer LP; Plains All American Pipeline LP; Colonial Pipeline Company; TC PipeLines LP; Dominion Energy Inc.; Magellan Midstream Partners L.P.; DCP Midstream LP; Buckeye Partners L.P.; Crestwood Equity Partners LP; ONEOK Inc.; Enterprise Products Partners L.P.; TC Energy Corporation; Chevron Corporation; Exxon Mobil Corporation; Phillips 66; Shell Pipeline Company LP; EnLink Midstream Partners LP; NuStar Energy L.P.; Noble Midstream Partners LP; Shell Midstream Partners L.P.; CNX Midstream Partners LP; Pembina Pipeline Corporation; Keyera Corp.; Inter Pipeline Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

Table Of Contents

1. Executive Summary

2. Pipeline Transport Market Characteristics

3. Pipeline Transport Product/Service Analysis -Product/Service Examples

3.1. Pipeline Transport Supply Chain Analysis

3.1.1. Pipeline Transport Resources

3.1.2. Pipeline Transport Manufacturers

3.1.3. Pipeline Transport Distributors and Retailers

3.1.4. Pipeline Transport End Users

3.2. Pipeline Transport Customer Information

4. Pipeline Transport Market Trends And Strategies

5. Pipeline Transport Market - Macro Economic Scenario

5.1. Impact Of High Inflation On The Market

5.2. Ukraine-Russia War Impact On The Market

5.3. COVID-19 Impact On The Market

6. Global Pipeline Transport Market Size and Growth

6.1. Global Pipeline Transport Market Drivers and Restraints

6.1.1. Drivers Of The Market

6.1.2. Restraints Of The Market

6.2. Global Pipeline Transport Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

6.3. Global Pipeline Transport Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

7. Pipeline Transport Market Segmentation

7.1. Global Pipeline Transport Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Crude Oil Pipeline Transport

Natural Gas Pipeline Transport

Refined Petroleum Products Pipeline Transport

Other Pipeline Transport

7.2. Global Pipeline Transport Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Security Solutions

Automation And Control

Integrity And Tracking Solution

Network Communication Solution

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Pipeline Transport Global Market Report 2024 – By Type (Crude Oil Pipeline Transport, Natural Gas Pipeline Transport, Refined Petroleum Products Pipeline Transport, Other Pipeline Transport), By Solutions (Security Solutions, Automation And Control, Integrity And Tracking Solution, Network Communication Solution, Other Solutions), By Services (Consulting Service, Managed Service, Maintenance And Support)– Market Size, Trends, And Global Forecast 2024-2033

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Frequently Asked Questions

What is the definition of the pipeline transport market?

How will the pipeline transport market drivers and restraints affect the pipeline transport market dynamics? What forces will shape the pipeline transport industry going forward?

The pipeline transport market major growth driver - enhancing efficiency in pipeline maintenance with augmented reality technology. For further insights on the pipeline transport market, request a sample here

What is the forecast market size or the forecast market value of the pipeline transport market ?

The pipeline transport market size has grown strongly in recent years. It will grow from $147.83 billion in 2023 to $157.91 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to economic growth, infrastructure development, energy demand, regulatory changes, geopolitical factors. The pipeline transport market size is expected to see strong growth in the next few years. It will grow to $205.28 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to renewable energy transition, environmental regulations, energy security, digitalization and automation, carbon reduction goals . Major trends in the forecast period include shift to safer materials, increased environmental responsibility, adoption of smart technologies, expansion of lng infrastructure, cybersecurity focus. For further insights on the pipeline transport market, request a sample here

How is the pipeline transport market segmented?

The pipeline transport market is segmented
1) By Type: Crude Oil Pipeline Transport; Natural Gas Pipeline Transport; Refined Petroleum Products Pipeline Transport; Other Pipeline Transport
2) By Solutions: Security Solutions; Automation And Control; Integrity And Tracking Solution; Network Communication Solution; Other Solutions
3) By Services: Consulting Service; Managed Service; Maintenance And SupportFor further insights on the pipeline transport market, request a sample here

Which region has the largest share of the pipeline transport market? What are the other regions covered in the report?

North America was the largest region in the pipeline transport market in 2023. Asia-Pacific was the second largest region in the pipeline transport market. The regions covered in the pipeline transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. For further insights on the pipeline transport market, request a sample here.

Who are the major players in the pipeline transport market?

What are the key trends in the pipeline transport market?

Major trend in the pipeline transport market - next generation of gas distribution module boost pipeline transport market. For further insights on the pipeline transport market, request a sample here.

What are the major opportunities in the pipeline transport market? What are the strategies for the pipeline transport market?

For detailed insights on the major opportunities and strategies in the pipeline transport market, request a sample here.

How does the pipeline transport market relate to the overall economy and other similar markets?

For detailed insights on pipeline transport market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the pipeline transport industry?

For detailed insights on the mergers and acquisitions in the pipeline transport industry, request a sample here.

What are the key dynamics influencing the pipeline transport market growth? SWOT analysis of the pipeline transport market.

For detailed insights on the key dynamics influencing the pipeline transport market growth and SWOT analysis of the pipeline transport industry, request a sample here.