Pipeline Transportation Market Trends and Forecast
The future of the global pipeline transportation market looks promising with opportunities in the oil & gas, coal, chemical, and water markets. The global pipeline transportation market is expected to reach an estimated $24.1 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing demand for energy and infrastructure, higher reliability and safety standards compared to alternative transportation methods, and innovations in pipeline technology.
• Lucintel forecasts that consulting service is expected to witness higher growth over the forecast period.
• Within this market, oil & gas is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Pipeline Transportation Market
• United States - TC Energy in the United States has announced plans to expand the Keystone XL pipeline, aiming to increase capacity for transporting crude oil from Canada to the Gulf Coast refineries. This initiative addresses the growing demand for North American energy resources and enhances the regionÄX%$%Xs energy infrastructure.
• Russia - Gazprom in Russia has initiated the construction of the Nord Stream 2 pipeline, a project aimed at expanding natural gas supply to Europe. This infrastructure development enhances RussiaÄX%$%Xs energy security and geopolitical influence by strengthening its position as a major gas supplier to European markets.
• Canada - Enbridge Inc. completed the Line 3 Replacement Program in Canada, enhancing the capacity to transport crude oil from Alberta to U.S. refineries. This project improves operational efficiency and safety while meeting increased demand for Canadian oil exports. Collaborative efforts with provincial and federal governments ensure regulatory compliance and environmental stewardship in pipeline operations, supporting sustainable energy transport infrastructure.
• China - China National Petroleum Corporation (CNPC) in China has advanced plans for the Power of Siberia pipeline, designed to transport natural gas from Russia to China. This initiative secures energy supply diversification for China, supporting economic development and regional energy integration goals.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Pipeline Transportation Market by Segment
The study includes a forecast for the global pipeline transportation market by type, service, solution, and region.
Pipeline Transportation Market by Type [Value from 2018 to 2030]:
• Oil & Gas
• Coal
• Chemical
• Water
• Others
Pipeline Transportation Market by Service [Value from 2018 to 2030]:
• Consulting Services
• Managed Services
• Maintenance & Support
Pipeline Transportation Market by Solution [Value from 2018 to 2030]:
• Security Solutions
• Automation & Control
• Integrity & Tracking Solution
• Network Communication Solution
Pipeline Transportation Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Pipeline Transportation Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pipeline transportation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pipeline transportation companies profiled in this report include-
• ABB
• Schneider Electric
• Siemens
• ESRI
• Emerson
• Trimble Navigation Limited
• Rockwell Automation
Recent Development in the Pipeline Transportation Market
• TransCanada (TC Energy) : TC Energy announced plans to expand the Keystone XL pipeline, aiming to increase capacity for transporting crude oil from Alberta, Canada, to refineries on the U.S. Gulf Coast, addressing North American energy demand.
• Gazprom : Gazprom initiated construction of the Nord Stream 2 pipeline to expand natural gas supply from Russia to Europe, enhancing energy security and geopolitical influence in the region.
• Enbridge Inc. : Enbridge completed the Line 3 Replacement Program in Canada, improving crude oil transportation capacity from Alberta to U.S. refineries, enhancing operational efficiency and meeting growing export demands.
• China National Petroleum Corporation (CNPC) : CNPC advanced the Power of Siberia pipeline project to transport natural gas from Russia to China, securing diversified energy supply and supporting economic development and energy security initiatives in China.
Features of the Global Pipeline Transportation Market
Market Size Estimates: Pipeline transportation market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Pipeline transportation market size by type, service, solution, and region in terms of value ($B).
Regional Analysis: Pipeline transportation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, services, solutions, and regions for the pipeline transportation market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pipeline transportation market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the pipeline transportation market size?
Answer: The global pipeline transportation market is expected to reach an estimated $24.1 billion by 2030.
Q2. What is the growth forecast for pipeline transportation market?
Answer: The global pipeline transportation market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the pipeline transportation market?
Answer: The major drivers for this market are growing demand for energy and infrastructure, higher reliability and safety standards compared to alternative transportation methods, and innovations in pipeline technology.
Q4. What are the major segments for pipeline transportation market?
Answer: The future of the global pipeline transportation market looks promising with opportunities in the oil & gas, coal, chemical, and water markets.
Q5. Who are the key pipeline transportation market companies?
Answer: Some of the key pipeline transportation companies are as follows:
• ABB
• Schneider Electric
• Siemens
• ESRI
• Emerson
• Trimble Navigation Limited
• Rockwell Automation
Q6. Which pipeline transportation market segment will be the largest in future?
Answer: Lucintel forecasts that consulting service is expected to witness higher growth over the forecast period.
Q7. In pipeline transportation market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the pipeline transportation market by type (oil & gas, coal, chemical, water, and others), service (consulting services, managed services, and maintenance & support), solution (security solutions, automation & control, integrity & tracking solution, and network communication solution), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Pipeline Transportation Market Market, Pipeline Transportation Market Market Size, Pipeline Transportation Market Market Growth, Pipeline Transportation Market Market Analysis, Pipeline Transportation Market Market Report, Pipeline Transportation Market Market Share, Pipeline Transportation Market Market Trends, Pipeline Transportation Market Market Forecast, Pipeline Transportation Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.