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The growing need for the transportation of chemicals, fuels, and water supply, and added advantages such as complete automation of loading are driving the market demand.
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Pipeline Pipeline Transportat Transportat ion Market ion Market To Reach To Reach USD 26.74 USD 26.74 Billion By Billion By 2026 2026
Market Summary Market Size – USD 12.65 Billion in 2018, Market Growth - CAGR of 9.7%, Market Trends – Low operating costs, and environment-friendly. The global pipeline transportation market is forecast to reach USD 26.74 Billion by 2026, according to a new report by Reports and Data. Pipeline transport is used to transport liquids and gases via pipelines, and chemically stable substances. Further key findings from the report suggest • Oil and Gas pipelines led the market for pipeline transport. Different refined products or different grades of crude oil are generally transported through the same pipeline in different batches. Offshore or submarine pipelines are required for transporting natural gas and oil from gas wells to offshore oil wells to a processing plant. They are expensive and more complicated to build than overland pipelines. • Gathering pipelines take the resources from the extraction point to the relevant, pressing location. These pipelines tend to be small in diameter and short in length to minimize the time between the start and endpoint. These gathering pipelines are usually less than 100 feet in length. • www.reportsanddata.com
Market Summary Key Players: ABB, Aconex Limited, Alcatel-Lucent, Alstom, Siemens, ESRI, John Wood Group PLC, Trimble Navigation Limited, FMC Technologies, Emerson Electric Co., Schneider Electric Segmentation: Solution Outlook (Revenue: USD Billion; 2016-2026) Security Solution Automation and Control Integrity and Tracking Solutions Network Communication Solutions Services Outlook (Revenue: USD Billion; 2016-2026) Consulting Service Managed Service Maintenance and Support Service To Gain Access to an all-inclusive PDF Sample Report, Click Here:@https://www.reportsanddata.com/sample-enquiry-form/2204 www.reportsanddata.com
Market Summary End-User Outlook (Revenue: USD Billion; 2016-2026) Transportation Industry Refiners and Manufacturers Agriculture Industry Heating Resources Regional Outlook for Pipeline Transportation Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please Click Here : @https://www.reportsanddata.com/discount-enquiry-form/2204 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
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