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Global IoT Market in Pipeline Management 2017-2021

Global IoT Market in Pipeline Management 2017-2021

About IoT in Pipeline Management

IoT in pipeline management is used in all the processes involved, starting from design of pipelines to carrying out operations. The technology helps in estimating both time-dependent and independent threats to pipelines. IoT in pipeline management is a challenging task, considering the pipelines are spread across a large geographical area and in harsh environments. The use of IoT in pipeline management has made a positive economic impact in pipeline operations by reducing downtime and scheduling regular maintenance.

Technavio’s analysts forecast the global IoT market in pipeline management to grow at a CAGR of 12.17% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global IoT market in pipeline management for 2017-2021. To calculate the market size, the report considers the new installations and services market for both IoT software and devices.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global IoT Market in Pipeline Management 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cisco
  • Schneider Electric
  • Sierra Wireless
  • TELUS
Other prominent vendors
  • Leica Geosystems
  • Yokogawa
  • Aerotech
  • AMETEK
Market driver
  • Totally integrated solutions for pipelines
  • For a full, detailed list, view our report
Market challenge
  • Standards for IoT technology
  • For a full, detailed list, view our report
Market trend
  • Increasing oil thefts
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global IoT Market in Pipeline Management 2017-2021

Technavio recognizes the following companies as the key players in the global IoT market in pipeline management: Cisco, Schneider Electric, Sierra Wireless, and TELUS.

Other Prominent Vendors in the market are: Leica Geosystems, Yokogawa, Aerotech, and AMETEK.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing oil thefts. Oil exploration, storage, and transportation is the main job for the oil production and transportation companies. To store and transport crude oil safely is a tough task for oil companies as oil theft always makes them suffer a huge economic loss with constantly rising oil price.”

According to the report, one driver in the market is totally integrated solutions for pipelines. The pipeline industry is undergoing a transformation. These transformations are basically driven by political and environmental factors, regulations, technology advances, and apprehensions on infrastructure safety. Environmental, regulatory and infrastructure security problems originating in end-user industries can be tackled effectively with the help of developments in the field of automation, and communication technology. Integrated solutions for pipelines help in understanding the challenges faced by pipeline operators and managers to ensure higher productivity, lower life cycle costs, and secure return of the investment.

Further, the report states that one challenge in the market is standards for IoT technology. The lack of standards and documented practices has not only limited the impact of IoT technologies but also raised a question on the quality of performance. These factors affect the volume of software and IoT devices that are being sold to end-user companies. Without any standards or manual, manufacturers and developers sometimes develop products that operate in disruptive ways on the Internet with minimal concern of their impact on related processes. A poorly designed and configured device can create negative consequences for networking resources when connected to a broader network.

Companies Mentioned

Cisco, Schneider Electric, Sierra Wireless, TELUS, Leica Geosystems, Yokogawa, Aerotech, and AMETEK.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Uses of IIoT in industries
  • Market landscape
    • Market overview
      • Table Market segmentation
    • Market size and forecast
      • Table Global IoT market in pipeline management 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market outline
      • Table Global IoT market in pipeline management by application 2016 and 2021 (% revenue)
    • Global IoT market in pipeline management by asset monitoring
      • Table Global IoT market in pipeline management by asset monitoring 2016-2021 ($ billions)
      • Table Difference between use of traditional methods and IoT in asset management
    • Global IoT market in pipeline management by predictive maintenance
      • Table Global IoT market in pipeline management by preventive maintenance 2016-2021 ($ billions)
    • Global IoT market in pipeline management by leakage detection
      • Table Global IoT market in pipeline management by leakage detection 2016-2021 ($ billions)
    • Global IoT market in pipeline management by remote monitoring
      • Table Global IoT market in pipeline management by remote monitoring 2016-2021 ($ billions)
  • Market segmentation by end-user
    • Market overview
      • Table Global IoT market in pipeline management by end-users 2016 and 2021 (% revenue)
    • Global IoT market in pipeline management in the oil and gas industry
      • Table Global IoT market in pipeline management in the oil and gas industry 2016-2021 ($ billions)
    • Global IoT market in pipeline management in the petrochemicals industry
      • Table The global IoT market in pipeline management in the petrochemicals industry 2016-2021 ($ billions)
    • Global IoT market in pipeline management in the water and wastewater industry
      • Table The global IoT market in pipeline management in the water and wastewater 2016-2021 ($ billions)
  • Geographical segmentation
    • Market outline
      • Table Global IoT market in pipeline management by geography 2016 and 2021 (% revenue)
      • Table Adoption of IoT in pipeline management according to industries and geographies 2016-2021
    • IoT market in pipeline management in the Americas
      • Table IoT market in pipeline management in the Americas 2016-2021 ($ billions)
    • IoT market in pipeline management in EMEA
      • Table IoT market in pipeline management in EMEA 2016-2021 ($ billions)
    • IoT market in pipeline management in APAC
      • Table IoT market in pipeline management in APAC 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing oil thefts
    • Growth of deepwater pipelines
    • Drones for pipeline monitoring
  • Vendor landscape
    • Vendor landscape
      • Table Competition scenario of the IoT market in pipeline management across all geographies 2016 and 2021
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Cisco
      • Table Product portfolio: Cisco
      • Table Product offerings in the global IoT market in pipeline management: Cisco
      • Table Recent developments: Cisco
  • Schneider Electric
    • Table Product portfolio: Schneider Electric
    • Table Product offerings in IoT in pipeline management: Schneider Electric
    • Table Recent developments: Schneider Electric
    • Sierra Wireless
      • Table Product portfolio: Sierra Wireless
      • Table Product offerings: Sierra Wireless
      • Table Recent developments
    • TELUS
      • Table Product offerings: TELUS
      • Table Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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