Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 23.62 Billion | USD 47.19 Billion | 9.04% | 2024 |
FrequentlyAsked Questions
Pipeline safety systems are infrastructure protection solutions that monitor, detect, and prevent hazards in pipeline networks that carry oil, gas, water, and chemicals over long distances.
The pipeline safety market is expected to be driven by increasing regulatory compliance requirements, aging pipeline infrastructure that requires continuous monitoring, technological advancements in detection systems, growing environmental protection awareness, and expanding investments in energy infrastructure.
According to our study, the global pipeline safety market was worth around USD 10.57 billion in 2024 and is predicted to grow to around USD 25.48 billion by 2034.
The CAGR value of the pipeline safety market is expected to be around 9.20% during 2025-2034.
The global pipeline safety market will register the highest revenue contribution from North America during the forecast period.
Key players in the pipeline safety market include Honeywell International Inc., Siemens AG, Emerson Electric Co., ABB Ltd., Schneider Electric SE, General Electric Company, Baker Hughes Company, Halliburton Company, Schlumberger Limited, Krohne Group, Pentair plc, Atmos International, Pure Technologies Ltd., PSI Software AG, Orbcomm Inc., TransCanada Corporation, Enbridge Inc., Kinder Morgan Inc., Enterprise Products Partners, and TC Energy Corporation.
The report provides a comprehensive analysis of the pipeline safety market, including an in-depth examination of market drivers, restraints, emerging trends, regional dynamics, and future growth prospects. It also examines the competitive dynamics, technological innovations, regulatory impacts, and industry best practices that shape the ecosystem of pipeline infrastructure protection.
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