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(USGovernment-News.Com, November 29, 2018 ) With an exponential increase in the advanced analytical technologies, there is a high demand in the natural gas pipeline transportation market. With the increase in the usage of Internet of Things (IoT) in this industry, the flow of data, making real-time choices, improved asset performance, process, and product quality has become much simpler. The technology empowers people and creates new opportunities. Major players have already started designing strategies integrated with IoT. The technology allows machines to provide detailed diagnostics and data while sharing information about processes in real time and will be uplifting the natural gas pipeline transportation market in upcoming years.
THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL NATURAL GAS PIPELINE TRANSPORTATION MARKET $8 BILLION IN 2017
North America was the largest geographic region in the market, accounting for more than one-third of the global market. The USA was the largest country accounting for more than 25% of the global natural gas pipeline transportation market.
According to The Business Research Company’s Consultant, Nitin Gianchandani, inline scrutiny also known as smart pigging, is increasingly used by pipelines operator to ensure safety and outspread the design life of more than 2-million miles of high pressure pipelines. This new technology keeps the pipelines in prime state. It not only detects possible fiasco device but also detect them long before they can threaten the lines.
The top companies covered are ABB, GE Oil & Gas, Saipem, Technip, and Enterprise Product Partners. ABB was the largest player in the natural gas pipeline transportation market, with revenues of $34.312 billion for the financial year 2017. ABB’s growth strategy focuses on three areas: profitable growth, relentless execution and business-led collaboration.
The natural gas pipeline transportation industry comprises establishments primarily engaged in the pipeline transportation of natural gas.
Natural Gas Pipeline Transportation Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
About The Business Research Company
The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.
The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.
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