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Global Pipeline Safety Market, 2016–2024

The key factor that is contributing to the growth of the pipeline safety market is the growing investments that are made in the oil and gas industry along with the infrastructural development triggers the demand for the pipes which are used for the transportation of the harmful products which will, in turn, increase the demand for the pipeline safety.

The key factor that is contributing to the growth of the pipeline safety market is the growing investments that are made in the oil and gas industry along with the infrastructural development triggers the demand for the pipes which are used for the transportation of the harmful products which will, in turn, increase the demand for the pipeline safety.

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<strong>Pipeline</strong> <strong>Safety</strong> <strong>Market</strong><br />

<strong>Global</strong> <strong>Pipeline</strong> <strong>Safety</strong> <strong>Market</strong>: Overview<br />

With the help of the pipelines, liquid and gas products are transported to the different<br />

locations to different users which may be residing across the country. Transporting<br />

hazardous products over long distances are considered to be reliable and safe with the help<br />

of the pipelines. If these pipelines are not monitored or maintained properly then it may<br />

endanger the human life and can have adverse effects on the environment.<br />

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<strong>Global</strong> <strong>Pipeline</strong> <strong>Safety</strong> <strong>Market</strong>: Segmentation<br />

The global market for the pipeline safety is fragmented into its technology and solutions,<br />

service, and vertical. On the basis of the technology and solutions, the global market is<br />

segregated into industrial control system security, pig tracking, secure communication,<br />

pipeline monitoring system, video surveillance, perimeter intrusion detection, satellite<br />

monitoring, leakage detection system, supervisory control and data acquisition for pipelines,<br />

and integrated fiber optics monitoring. On the basis of service, the market is categorized into<br />

professional, repair & maintenance, consulting, risk management, and integrity<br />

management. On the basis of vertical, the global market is divided into refined products,<br />

natural gas, crude oil, and others.

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