Oil pipeline transportation companies are
increasingly using Internet of Things (IoT) to create new opportunities in the
industry. IoT links assets, people, products, and services to streamlining the
flow of data, makes real-time choices, and improves asset performance, process,
and product quality. Major oil pipeline players have already started designing
strategies integrated with IoT.
THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL PIPELINE
TRANSPORTATION MARKET AT $136 BILLION IN 2017
North America was the largest geographic region in
the market in 2017, accounting for more than one-third of the market. The USA
was the largest country accounting for more than one-fourth of the global
pipeline transportation market.
Read Report:
The chart below shows the year-on-year growth of the
global pipeline transportation market during
2017 – 2021
According to The Business Research Company’s
Consultant, Nitin Gianchandani, the automation of transportation systems is
transforming the way companies are handling their operations. Metro systems in
particular, are opting for automation of their transport networks due to high
density of passengers and the high frequency of services. These technology
solutions allow metro operators to run at shorter intervals, decreasing the
amount of time passengers spend for a train ride and also crowding on
platforms. For example, the Dubai Metro has automated 75kms of their rail
tracks and all trains are operated centrally without drivers.
Sample report:
ABB Group was the biggest player in the pipeline
transportation market, with revenues of $33.7 billion in 2016. ABB
group company’s growth strategy is to restructure the company and combine
products from similar markets as a single business division. The restructuring
will deliver customer value with the combined offerings of power and automation
products.
The pipeline transportation market is segmented into
Crude Oil Pipeline Transportation; Natural Gas Pipeline Transportation; Refined
Petroleum Products Pipeline Transportation; Others.
Crude Oil
Pipeline Transportation segment comprises establishments primarily engaged
in the pipeline transportation of crude oil.
Natural Gas
Pipeline Transportation segment comprises establishments primarily engaged
in the pipeline transportation of natural gas.
Refined
Petroleum Products Pipeline Transportation segment comprises establishments
primarily engaged in the pipeline transportation of refined petroleum products.
Others
segment comprises establishments primarily engaged in the pipeline
transportation of other products.
Pipeline Transportation Global Market Report 2018 is a
detailed report giving a unique insight into this market. The report is priced
at $6000 for an individual user. To use across your office, the price is $9000
and $12000 if you wish to use across a multinational company.
About The Business Research Company
The Business Research Company is a market research and
intelligence company, which excels in company, market and consumer research. It has research professionals at its offices in the UK, India and
the US as well a network of trained researchers globally. It has specialist
consultants in a wide range of industries including manufacturing, healthcare,
chemicals and technology.
Contact
Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
No comments:
Post a Comment