The Business Research Company’s pipeline transportation global market report, covers the year-on-year growth of the global pipeline transportation market historic and forecast growth. It also includes chapters on the pipeline transportation market trends, geographical analysis, and competitive landscape.
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The global pipeline transportation market size is expected to increase by 2022, significantly growing at a steady CAGR during the forecast period..
Pipeline Transportation Market Trends
The pipeline transportation market consists of sales of pipeline transportation services, by entities (organizations, sole traders and partnerships) that use transmission pipelines to transport products, such as crude oil, natural gas, refined petroleum products, and slurry. This industry includes the storage of natural gas because the storage is usually done by the pipeline establishment and because a pipeline is inherently a network in which all the nodes are interdependent.
Adoption of technological advancements such as IoT is one of the major trends witnessed in the pipeline transportation market.
The global pipeline transportation market is primarily driven by favorable government policies, stability in oil prices and increasing investments in oil infrastructure.
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The global pipeline transportation market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With economic growth, greater availability of natural gas, emerging economic growth and rising oil infrastructure, the global pipeline transportation market is expected to increase in potential and scope. TBRC’s report also covers the pipeline transportation drivers and restraints in the market.
The global pipeline transportation market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global pipeline transportation market report are ABB Group, Alcatel-Lucent, Emerson Electric Co, FMC Technologies, Schneider Electric.
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