Global Pipeline Transportation Market Trends, Strategies and Opportunities in Pipeline Transportation Market 2021-2030
The Business Research Company Global Pipeline Transportation Market Report 2021: Impact of COVID-19 and Recovery to 2030
LONDON, GREATER LONDON, United Kingdom, July 12, 2021 /EINPresswire.com/ – According to the new market research report ‘Pipeline Transport Global Market Report 2021: COVID-19 Impact And Recovery To 2030’ released by The Business Research Company, the global pipeline transport market is expected to grow from $ 170.6 billion in 2020 to $ 180.3 billion in 2021 at a compound annual growth rate (CAGR) of 6%. The market is expected to reach $ 262.1 billion in 2025 at a CAGR of 10%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges.
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The pipeline transportation market includes the sales of pipeline transportation services and related goods by entities (organizations, independent traders and partnerships) that use transportation pipelines to transport products, such as crude oil, natural gas , refined petroleum products and slurry.
Global pipeline transport market trends
Pipeline transport companies use augmented reality for efficient maintenance operations. Augmented Reality (AR) is the technology of combining images, videos, etc. of the real world with information and / or images generated by computer and visualized through an output including a monitor, headphones, etc. AR superimposes digital elements on the physical world, typically using a headset or tablet that the user can point to real objects. In the pipeline industry, AR headsets that clip onto hard hats can project the hands-free instructions a technician needs onto equipment to perform an inspection or maintain a system. AR animations dramatically increase efficiency and reduce errors and uncertainties by showing necessary steps, tools and parts.
Global pipeline transport market segments:
The global pipeline transportation market is further segmented on the basis of type and geography.
By type: Crude oil pipeline transport, Natural gas pipeline transport, Refined petroleum product pipeline transport, Other pipeline transport
By Geography: The global pipeline transportation market is segmented into North America, South America, Asia Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific is the largest region in the global pipeline transportation market, accounting for 29% of the market in 2020.
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The 2021 Global Pipeline Transportation Market report is one of a series of new reports from The Business Research Company that provides global pipeline transportation market overviews, analysis and forecast on the market size and growth Global Pipeline Transportation Market Share, Global Pipeline Transportation Market Players, Global Pipeline Transportation Market Segments and Geographies, Revenue, Profiles and Market Share of Major Competitors of the Global Transportation Market by pipeline. The global pipeline transportation market report identifies key countries and segments for opportunities and strategies based on market trends and approaches of key competitors.
Read the 2021 Global Pipeline Transportation Market Report from The Business Research Company for insight on the following:
Data segments: market size, global, by region and by country; Historical and forecast size, and growth rate for the world, 7 regions and 12 countries
Covered pipeline transport market organizations: ABB Group; Alcatel-Lucent; Emerson Electric Co; FMC Technologies; Schneider Electric.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1,000 industry reports, covering over 2,500 market segments and 60 geographies. The reports are backed by 150,000 datasets, in-depth secondary research and proprietary information from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 in various markets. Here is a list of reports from The Business Research Company similar to the Pipeline Transport Global Market Report 2021:
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