The intelligent Pigging Market is estimated to grow from USD 570.8 Million in 2018 and is expected to reach USD 717.9 Million by 2023, at a CAGR of 4.69% between 2018 and 2023. The growth of this market is propelled by the government mandates and regulations for pipeline inspections, benefits of intelligent pigging solutions, and concern about the safety of pipelines and energy infrastructure.
Intelligent pigging is a technique of inspecting a pipeline internally and gathering information regarding presence and location of corrosion, bends, and other anomalies in the pipelines. Pigs are the tools that are propelled through the pipeline with the help of a pig launcher and is driven by the pressure of the product flow in the pipeline. The main applications of the intelligent pigging while inspection are metal loss/corrosion detection, geometry measurement and bend detection, and crack and leak detection.
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Baker Hughes held the leading position in the intelligent pigging market in 2017. The company had 33,000 employees as of 2016 and was founded in 1987. It is an oilfield service providing company that offers solutions for oil and gas operators. Oilfield products and services are provided under 2 categories, namely, Drilling & Evaluation and Completions & Production. Baker Hughes provides various pipeline services such as pipeline inspection, pipeline maintenance, pipeline pre-commissioning and commissioning, integrated pipeline services, and deepwater pipeline solutions. The company has wide geographical presence and robust product and service portfolio in the intelligent pigging market, along with a strong customer base. Baker Hughes is expected to gain an advantage due to its collaboration with NVIDIA to deploy artificial intelligence across the value chain of the oil and gas business.
Founded by Hermann Rosen in 1981 and headquartered in Lingen, Germany, ROSEN Group held the second position in the intelligent pigging market in 2017. The company’s service portfolio consists of inspection, integrity, cleaning, and research and development solutions. For pipeline inspection, the company offers in-line cleaning and high-resolution geometry and dent analysis, metal loss inspection, ultrasonic crack detection, and leak detection services. The company has wider and strong presence worldwide in the intelligent pigging market.
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T.D. Williamson held the third position in the global intelligent pigging market in 2017. Founded in 1920 and headquartered in Tulsa, US, the company offers hot tapping and plugging solutions, pipeline pigging solutions, pipeline integrity inspection services, and non-intrusive inline isolation technology. Under pigging solutions, the company offers equipment and consulting services too. The company manufactures a wide range of cleaning, batching, and inspection pigs. Apart from pigs, the company also provides replacement components, automated pig launching and receiving systems, pipeline closures, pig tracking equipment and transmitters, and pig washing equipment. The company has regional solution centers in the US, Canada, Latin America, APAC, Europe, the Middle East, and North Africa. The company has a strong supply chain and a wide product portfolio in the intelligent pigging market.
Other major companies in the intelligent pigging market are NDT Global (Ireland), Enduro Pipeline Services (US), Intertek Group (UK), Dacon Inspection Services (Thailand), LIN SCAN (UAE), and Applus (Spain).
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