Reasons Why Intelligent Pigging MarketWill Increase in Size by 2023


 Intelligent pigging is a process wherein an inspection probe called a smart pipeline inspection gauge (pig) is passed through a pipeline. The probe collects the essential data within the pipeline. The data could be about the location of corrosion and other anomalies in the inner walls of the pipeline under inspection. 

Intelligent Pigging Market



Pipeline inspection providers have started providing software as a service (SaaS) solutions to their customers. In October 2018, OneSoft Solutions announced that its wholly-owned subsidiary, OneBridge Solutions, released the Cognitive integrity Management SaaS solution, CIM 3.0, for commercial use. A few operators are adopting a pigless approach by placing a series of fiber optic sensors on the outside of pipelines. These sensors are employed to detect stress, strains, and bends in pipelines.

The huge amount of data that is generated by intelligent pigs after scanning pipelines often takes months to analyze. The cloud-based technology software can reduce data about the pressure, temperatures, rates of corrosion, and the geological events by converting them into graphs, diagrams, and charts summarizing, which may adversely affect pipeline safety.

Hence, the advances in pipeline inspection technologies will drive the growth of the global intelligent pigging market at a CAGR of 4.67% during the forecast period. 

 

Comments

Popular posts from this blog

Cycling Wear Market by Product and Geography - Forecast and Analysis 2020-2024

Global Laboratory Automation Systems Market 2019-2023

Global Automotive Sunroof Market 2018-2022 to Grow at 16% CAGR