Energy & Environment Industry Today

Exploring the Impact of Technological Advancements on the Pipeline Equipment Market

Pipeline equipment refers to the various components and systems used in the construction, operation, and maintenance of pipelines for the transportation of fluids, such as oil, natural gas, water, and other commodities.
Published 21 June 2024

According to a new report published by Allied Market Research, the pipeline equipment market size was valued at $12.5 billion in 2021, and pipeline equipment industry is estimated to reach $18.7 billion by 2031, growing at a CAGR of 4.2% from 2022 to 2031.

Pipeline equipment means all pipe, fittings, pumps, telephone and telegraph lines, and all other material and equipment used or intended to be used as part of or incident to the construction, maintenance, and operation of a pipeline for the transportation of oil, gas, water, or other liquid or gaseous substance.

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North America accounted for the largest market share in the market and is projected to grow at a CAGR of 3.7% during the forecast period. In the U.S. there are more than 210 pipeline systems which total more than 305,000 miles of interstate and intrastate pipelines.

The Colonial Pipeline is the largest pipeline system for refined oil products in the U.S. it consists of two tubes around 8,850 Km long and carries 3 million barrels of fuel per day between Texas and New York. The U.S. houses the greatest number of oil pipelines in the world. As of 2020, there were 111 operational pipelines in the country and a further 25 oil pipelines are under development.

Key players in the pipeline equipment industry include Destec Engineering Limited, Siderforgerossi, LTS Energy, Arnco, Avesta Steels & Alloys, RBV Energy, Fittinox S.R.L., Arabian Oilfield Supplies & Services, Aqueterra Group Ltd., Weir Oil & Gas, and AFG Holdings Inc.

In the pipeline transportation industry, pipeline equipment is widely used. Pipeline transportation is a mode of transportation that entails the long-distance pipeline transportation of solid, liquid, or gaseous goods.

Most of the time, it is used to transport gas and crude and refined petroleum products. It can also be used to transport other fluids, including water, slurry, sewage, and beer. It has many benefits, including flexibility, total automation of many processes, loading and unloading, low operating costs, and environmental friendliness, all of which are important drivers of the pipeline equipment market trends.

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A major factor driving up demand for network communication solutions in the pipeline equipment market is the quick transition of the pipeline transportation system to virtualization and the connectivity of the detection and management equipment with the communication equipment.

The market is experiencing increased demand due to the need for affordable and secure transportation methods for dangerous chemicals and other liquids and gases. This will provide ample opportunities for the pipeline equipment market.

The requirement for ongoing security and monitoring services is because pipelines are vulnerable to vandalism. It also has difficulties running continuously and without hiccups. It is more common for flammable gas and fuel to seep into and leak from pipelines around the world that transport chemically stable and flammable materials over long distances and through difficult terrain and hills.

On the basis of application, the gas pipeline segment accounted for 75.0% of the pipeline equipment market share in 2021 and is expected to maintain its dominance during the forecast period.

Gas pipelines are utilized to transport various products which are gaseous in nature such as aviation gas, gaseous chemicals, and other gaseous substances.

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Product pipelines are used to transport chemicals from refineries and chemical plants to storage, and other processing plants or distribution facilities can transport hazardous materials.

By end use, the oil & gas segment accounted for the largest revenue share in the global pipeline equipment market in 2021.

Pipelines are generally the most economical way to transport large quantities of oil, refined oil products, and natural gas over land. There are three types of pipelines that carry oil such as gathering systems, crude oil pipeline systems, and refined products pipelines systems.

The crude oil pipeline system carries crude oil to refineries while refined product pipelines transport refined products such as gasoline, kerosene, jet fuel, and heating oil from refineries to the market.


The COVID-19 pandemic led to a decline in the demand for the pipeline equipment market due to a decrease in the demand for power generation and chemical manufacturing industries across the globe.

In addition, the shutdown of manufacturing industries and the demand for power from various industries have a significant impact on the market. Pipeline projects witnessed delays due to imposed lockdown restrictions in major countries like the U.S., India, and other countries.

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The rising oil and gas consumption and pipeline capacities are being expanded, and new pipeline projects are being commissioned in developing countries to counter pandemic situations in the future.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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