Chicago, November 2, 2021/PRNewswire/-According to the new market research report "Pipeline monitoring system by pipe type (metal, non-metal), technology (ultrasonic, PIG, smart ball, magnetic flux leakage, optical fiber) Market Technology), Solutions, Terminal Industries and Regions-Global Forecasts to 2026", released by MarketsandMarkets™, the global pipeline monitoring system market is expected to grow from USD 13.2 billion in 2021 to USD 19.2 billion in 2026, 2021 The compound annual growth rate from 2010 to 2026 is 7.8%.
Download the PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=138709351
Browse the catalog in-depth on the "Pipeline Monitoring System Market"
View the detailed catalog here: https://www.marketsandmarkets.com/Market-Reports/pipeline-monitoring-system-market-138709351.html
Due to the increase in the number of oil and natural gas leaks in production, pipelines and storage tanks due to natural disasters and high pressures, as well as strict government regulations on pipeline safety and security, as well as expansion and expansion, the pipeline monitoring system market is expected to witness rapid growth. Upgrading of pipelines. The growth of the development trend of new equipment and solutions for monitoring pipeline performance, optimizing resources, automation functions, and protection operations has driven the growth of pipeline monitoring systems.
In terms of value, the metal pipeline segment is expected to lead the pipeline monitoring system market in 2020.
The metal pipe part accounts for the largest market share in the pipeline monitoring system market. Ductile iron pipes, stainless steel pipes, aluminum pipes and other types such as cast iron pipes, corrugated pipes and copper pipes are all metal pipes. Iron-based pipes may corrode when treated with high-oxygen steam; therefore, the end-user industry has a higher demand for steel metal pipes. Metal pipes are also more conducive to heat dissipation than non-metal pipes, and have poor corrosion resistance.
In terms of value, leak detection is estimated to be the fastest growing segment of the pipeline monitoring system market.
From 2021 to 2026, the leak detection department is expected to grow at the highest compound annual growth rate. This may be due to the increasing focus on improving the control of pipeline infrastructure and automated processes to increase productivity, which will be able to monitor the condition of assets and issue alerts when unauthorized events occur. One of the main reasons for the increase in leak detection applications includes increased investment by oil and gas companies in pipeline monitoring infrastructure and the safe transportation of materials through pipelines.
Request sample page: https://www.marketsandmarkets.com/requestsampleNew.asp?id=138709351
During the forecast period, the Asia-Pacific region is expected to become the fastest growing region in the pipeline monitoring system market.
From 2021 to 2026, the Asia-Pacific region is expected to be the fastest growing region in the pipeline monitoring system market in terms of value and volume. Due to the rapid economic expansion, the region has the highest growth rate. According to data from the International Monetary Fund, China and India are among the fastest growing economies in the world. India is expected to surpass China with the highest growth rate, thereby boosting the global economy. The expansion of existing pipelines and the development of new pipelines have increased the number of oil and gas leaks in production facilities, pipelines and storage tanks, and the governments of different countries in the Asia-Pacific region have formulated strict leak detection technology and system implementation regulations, and the rapid growth of the industrial sector is expected to promote The market in the Asia-Pacific region.
Siemens AG (United States), Honeywell International Inc. (United States), Huawei Technologies Co., Ltd. (China), BAE Systems (United Kingdom) and TransCanada PipeLines Limited (Canada) are the major players in the pipeline monitoring system market.
MarketsandMarkets™ provides quantitative B2B research on 30,000 high-growth niche opportunities/threats that will affect 70% to 80% of global companies’ revenues. Currently serving 7,500 customers worldwide, 80% of which are customers of Fortune 1000 companies worldwide. Nearly 75,000 senior executives in eight industries worldwide use MarketsandMarkets™ to solve their pain points in revenue decisions.
Our 850 full-time analysts and SMEs in MarketsandMarkets™ are following the "Growth Participation Model-GEM" to track global high-growth markets. GEM aims to actively cooperate with customers to discover new opportunities, identify the most important customers, formulate "attack, avoid and defend" strategies, and determine the source of incremental revenue for the company and its competitors. MarketsandMarkets™ now launches 1,500 micro-quadrants (positioning leaders, emerging companies, innovators, top players among strategic players) in high-growth emerging market segments every year. MarketsandMarkets™ is determined to benefit the revenue planning of more than 10,000 companies this year, and by providing them with leading research, help them bring innovation/disruption to the market as early as possible.
MarketsandMarkets' flagship competitive intelligence and market research platform, the "Knowledge Store" connects more than 200,000 markets and the entire value chain to gain a deeper understanding of unsatisfied insights, market size and niche market forecasts.
Contact: Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: sales@marketsandmarkets.com Research Insight: https://www.marketsandmarkets.com/ResearchInsight / pipeline-monitoring-system-market.asp Visit our website: https://www.marketsandmarkets.com/ Content source: https://www.marketsandmarkets.com/PressReleases/pipeline-monitoring-system.asp
View the original text: https://www.prnewswire.com/news-releases/pipeline-monitoring-system-market-worth-19-2-billion-by-2026--exclusive-report-by-marketsandmarkets-301413858.html
Kyndrl CEO Martin Schroeter talked about the company's debut and the $19 billion IT infrastructure business spin-off from IBM in the Yahoo Finance live broadcast
The company said in a document that the profit of the US producer Occidental Petroleum exceeded market expectations in the third quarter and more than doubled from the previous three months to $836 million. As commodity prices rebounded from the coronavirus pandemic, oil producers have consistently higher performance this quarter. Occidental reported 65 cents per share for the third quarter.
Hertz Global Holdings, Inc. (pink code: HTZZ) announced at the end of October that it had ordered 100,000 electric vehicles from Tesla Inc. (NASDAQ: TSLA), which is to help the electric vehicle manufacturer’s stock The main catalyst for breaking the $1 trillion market value mark. Tesla and Hertz negotiate: The Wall Street Journal quoted people familiar with the matter as saying that Tesla and Hertz are discussing how quickly the car rental company can accept batches The order is negotiated. The two companies are studying the details of the transaction,
The Organization of the Petroleum Exporting Countries and its allies agreed on Thursday to continue their policy of gradually increasing oil production each month, which increases the possibility that the United States will take advantage of commodity prices that are close to multi-year highs.
The chaotic supply chain is causing severe damage to the global economy. Cathie Wood, the founder of ARK Invest and star stock picker, said that companies are still struggling to catch up and may exceed the double and triple orders they actually need. Will the supply chain keep up?
Joining us from the company are Mr. Jordan Wu, President and CEO; Ms. Jessica Pan, Chief Financial Officer; and Mr. Eric Li, Chief Investor Relations/Public Relations Officer. Visit the press release on the financial portal or download a copy from Himax's website www.imax.com.tw.
Chipmaker Intel is the latest company to adopt a hybrid operating model, at least for the foreseeable future. The company (NASDAQ: INTC) announced this week that it is now a "hybrid priority company", which means it will not mandate that all employees be on site every day. According to a statement by Chief Personnel Officer Christy Pambianchi, 90% of its employees said in a workplace survey that once the site reopens, they prefer mixed workplaces.
Oil prices rose by about 1% on Friday. After OPEC oil-producing countries rejected the US call to increase supply and maintained the plan to gradually resume production that was stopped due to the pandemic, oil prices showed a partial recovery. The OPEC group of major oil-producing countries agreed on Thursday to stick to its plan to increase oil production by 400,000 barrels per day (bpd) from December, ignoring US President Joe Biden's request to increase production to cool rising prices. call. OANDA senior market analyst Edward Moya (Edward Moya) said: "This is a simple and fast OPEC production meeting. OPEC has never considered changing their production strategy. This is exactly the message they convey."
The crypto industry may wish to prepare for strict regulation of digital asset transactions, including new enforcement actions against traders who sell crypto tokens as securities under federal law.
(Bloomberg)-The Biden administration warned on Thursday that OPEC's failure to reinvest more oil into the global market may harm the world economic recovery, indicating that its efforts to ease high oil prices have not yet ended. Bloomberg China’s climate goals depend on the outcome of the $440 billion nuclear construction key voting program, from policing to environmental supply chain crisis risk leading to global economic downturn, Atlanta’s crowded election pit
Research firm New Constructs said the stock is priced as if global electric vehicle sales will be much higher than possible in 2030, and Tesla will occupy the entire market.
"I think Zillow has more gasoline in its tank," said industry analyst Mike DelPrete. "With the withdrawal of Zillow, Opendoor has become the undisputed champion of iBuying."
Ford Motor Company (NYSE: F) said on November 3 that due to the continued shortage of global automotive semiconductors, the company continued to rebuild its inventory. In October, it sold more vehicles in the United States than others for the second consecutive month. Any company. Although Ford's sales in the United States in October fell by about 4% from the same period last year, its decline was much smaller than that of most competitors, allowing it to gain share in its most important and profitable market. Ford again gained market share in October.
This may make Thanksgiving and holidays expensive.
In December 2020, the US federal government and 46 state attorneys general sued Facebook, claiming that its acquisition of Instagram and WhatsApp violated antitrust laws. Last Friday, just a day after the name was changed to "Meta", Facebook announced that it would acquire Inside, a start-up company based in Los Angeles behind the virtual reality exercise app Supernatural. So far, Inside has raised more than $52 million in investment, and Supernatural, which requires a subscription, has been dedicated to Facebook's VR platform Oculus.
(Bloomberg) - As the pandemic triggers a collective reassessment of jobs, imagine posting vacancies for low-paying jobs that may require 12-hour shifts, 6 days a week, and repeated lifting of 70 pounds under the following conditions The object was steaming bloody and cold. Most importantly, your industry has recently made headlines due to the Covid-19 outbreak that killed workers. Most of the readings of Bloomberg China’s climate goals depend on the $440 billion nuclear construction supplying diesel fuel.
(Bloomberg) - The problem of nitrogen fertilizer shortage has become so serious that farmers will not be able to obtain what they need for their fields in the near future. Most of the content of Bloomberg China’s climate goals depends on the outcome of a critical voting plan for the US$440 billion nuclear construction supply chain crisis to hit the global economy, from public security to the environment
Emergent disclosed the news in its third-quarter earnings after a previous investigation revealed that millions of doses of the Covid-19 vaccine may be contaminated at its Baltimore manufacturing plant.
Just as the timing of retirement varies, there are many types of retirement. Choosing the right time to retire can be challenging because it usually means balancing your desire to give up your job with your financial ability... Continue reading → Posts you need to know about phased retirement first appeared on the SmartAsset blog.
When planning for retirement, it is important to consider what sources of income you have to pay to cover living expenses. For many people, Social Security is a key part of the income dilemma, although it may be accompanied by a 401(k) plan. If... Continue reading → Social Security and 401(k) posts first appeared on the SmartAsset blog.