Pipeline Monitoring Systems to See Good Times Ahead

November 2017, Vol. 244, No. 11

A growing number of oil and gas leaks in production, pipelines and storage tanks due to natural disasters, and stringent government regulations for pipeline safety and security will drive expansion and upgrades of pipeline monitoring systems in the future. In the coming years, the market is expected to witness the highest growth rate in the Asia-Pacific region. This can be attributed to the large population in these countries, along with new pipeline construction, which will increase the demand for pipeline-monitoring systems. Pipeline monitoring system segments: Technology: This area is broken down into ultrasonic, pigging, smart…

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