Saudi
Arabia pipeline monitoring system market is anticipated to grow at a rapid pace
during the forecast period due to the installation of more pipelines for the
transportation and distribution of oil and gas supplies. Additionally, there is
a growing need for pipeline monitoring systems due to the increase in pipeline
leaks caused by corrosion. Manufacturers of oil and gas are quickly
implementing monitoring systems to cut waste, reduce their environmental
impact, and ensure safety.
On
the order hand, because of the upgraded pipeline infrastructure, the deployment
of leak detection systems has ensured safety, viability, real-time analysis,
and increased performance. Additionally, the number of thefts, internal leaks,
ruptures, and geo-hazards has decreased since pipeline monitoring/detection systems
were installed. Additionally, the introduction of pigging technology within
both old and new pipelines is contributing to the market's expansion. Pigging
technology is used to carry out tasks, including pipeline testing, maintenance,
clearing, and inspection.
Modern
pipeline infrastructure features such as human machine interface (HMI),
distributed vibration sensing (DVS)/distributed acoustic sensing (DAS),
distributed temperature sensing (DTS), and programmable logic controller (PLC)
have improved the ability to monitor downstream processes and have improved the
detection algorithms. The Saudi Arabian pipeline monitoring market has grown
tremendously due to the advancing technical solutions integrated into
monitoring systems.
Leakage
detection systems are divided into three main categories by manufacturers using
hardware- and software-based technologies: internal, external, and
non-technical methods. Ground penetrating radar, pressure point analysis, fiber
optic sensor, negative pressure wave, acoustic emission, and dynamic modelling
are some of the detection/monitoring techniques.
By
analyzing risk and bacteriological control programs, pipeline monitoring
systems are used to find corrosion, flow constrictions, and liquid
accumulations and collect samples. Plants and refineries, refined goods, wet
gas and crude pipelines, water and wastewater, offshore platforms, and pipeline
terminals are the typical applications for pipeline monitoring systems.
Accurate real-time monitoring of internal corrosion, gases, fluids, and oil
pollution is provided by the monitoring and detection systems.
Increasing
Need for Pipeline Monitoring
The
infrastructure for pipelines has grown as a result of the rise of oil and gas
demand in the majority of the world's major nations. Installation of pipelines
for the distribution and transportation of oil and gas products spans many
different regions and hundreds of kilometers. Such vast networks of pipelines
have increased the demand for pipeline monitoring systems. Pipeline companies
use sophisticated sensors and monitoring equipment to find leaks in pipeline
systems. Companies are concentrating on implementing physical security
solutions such as aerial and ground monitoring and video surveillance to
safeguard pipelines from terrorist attacks and sabotage. Growing pipeline
infrastructure will bring profits to pipeline surveillance system suppliers in
Saudi Arabia in the years to come.
Rising
Awareness for Sustainable Resource Management
In
the Middle East, including Saudi Arabia, there have been numerous attacks
against gas facilities and refineries. Modern pipeline facilities (PLCs)
largely rely on information and communication technologies, including
programmable logic controllers (PLCs), intelligent video surveillance (IVS),
human machine interfaces (HMI), and supervisory control and data acquisition
(SCADA). For oil and gas firms who want to control and operate their operations
remotely, these technologies create a digital pipeline infrastructure. To avoid
making systems vulnerable to cyberattacks and protect networks, businesses have
increased their investment in network monitoring and are installing
comprehensive monitoring solutions. All these factors are driving the Saudi
Arabia pipeline monitoring system market.
Lack
of Funding
Lack
of funding is preventing the development of aging infrastructure, which leads
to poor metering, leaks, and poor management of essential pipeline
infrastructures such as pipelines, valves, and hydrants. Ageing has become a
problem for several industries, including pipelines for water, oil, gas, and
chemicals. The primary cause of the lack of funding for pipeline monitoring
systems is the unwillingness of federal agencies to support R&D. Many small
and medium-sized utilities are unwilling to pay these solutions' high initial
costs. Additionally, the infrastructure for pipelines develops slowly.
Infrastructure parts such as pipeline pipes, valves, and meters last for
decades after installation. As the older solutions are expensive and durable,
utilities are reluctant to replace pipeline systems. Good integration with
cutting-edge infrastructure can be addressed by sustainable resource
management. Involving stakeholders will also reduce fragmented and disorganized
approaches to pipeline safety issues, leading to a more intelligent pipeline
management strategy.
Rising
Security Concerns
The
Government of Saudi Arabia is attempting to develop and put into action ways to
protect pipelines from these dangers, which include terrorist attacks,
sabotage, illegal wiretapping, and cyberattacks. As a result, it is crucial for
businesses to implement comprehensive solutions that adhere to all applicable
laws, regulations, and rules. Moreover, to secure pipelines, cutting-edge
technology, and solutions, including SCADA, aqua-based systems, DAS, unmanned
aerial vehicles, and video monitoring are now required. Additionally, a major
trend in the Saudi Arabia pipeline monitoring system market is the use of
artificial intelligence (AI) and the Internet of Things (IoT) for advanced
pipeline issue prediction. Moreover, the global spread of the COVID-19 pandemic
had a significant effect on the market's expansion because of the restrictions
imposed in various regions across the world, which decreased the demand for
energy products such as crude oil, diesel, and petrol. This resulted in a
decrease in company investment in the adoption of advanced technologies, which
temporarily slowed the demand for pipeline security systems. However, the
market is anticipated to pick up steam during the forecast period as things
return to normal and businesses start to open.
Increasing
Demand for Metallic Pipelines
The
Saudi Arabia pipeline monitoring system market is mostly expanding as a result
of the rising demand for metallic pipes. Additional types of metallic pipes
include cast-iron pipes, corrugated pipes, copper pipes, stainless steel pipes,
aluminium pipes, and pipes made of ductile iron. The end-user industries prefer
steel-based pipes because iron-based pipes might corrode when exposed to highly
oxygenated water steam. Compared to non-metallic pipes, metallic pipes are less
corrosion resistant and more heat sensitive. Moreover, the ongoing expansion of
oil and gas exploration and production activities will drive the growth rate of
the Saudi Arabia pipeline monitoring system market. Therefore, it is
anticipated that the large investments in R&D activities will propel the
growth of the Saudi Arabia pipeline monitoring system market during the
forecast period.
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Market
Segmentation
The
Saudi Arabia pipeline monitoring system market is divided into type,
technology, and end-user industries. Based on type, the market is divided into
metallic and non-metallic. Based on technology, the market is segmented into
ultrasonic, PIG, smart ball, magnetic flux leakage, fiber optic technology, and
others. Based on end-user industry, the market is segmented into crude &
refined petroleum, water & wastewater, and others.
Market
Players
Major
market players in the Saudi Arabia pipeline monitoring system market are ABB
Electrical Industries Co. Ltd, Honeywell Turki Arabia Ltd., Siemens Ltd, Huawei
Technologies Co., Ltd., Ge - Grid Solutions Arabia Ltd, Rockwell Automation
Saudi Arabia, Schneider Electric Saudi Arabia, Xylem Inc., Luna Innovations
Incorporated, and others.
Recent
Development
- As of
Dec 2020, SAUDI Aramco continues to lead the industry by implementing
cutting-edge pipeline monitoring systems. Aramco has successfully
completed the evaluation and approval of distributed fiber optic sensing
(DFOS) technology for pipeline leak detection as part of a long-term
commitment to safeguard the environment and uphold technological
excellence. Aramco and other pipelines in the Kingdom of Saudi Arabia
already have pipeline leak detection systems employing DFOS because of the
enhanced performance offered by this innovative pipeline leak detection
technique. A normal fiber optic telecom cable can be converted using DFOS
technology into a sensor cable that can track vibrations, temperature
changes, and auditory events.
As
of Dec 2020, The Turkish construction behemoth Limak Construction had placed an
order with Yokogawa Electric Corporation's subsidiary, Yokogawa Saudi Arabia,
to supply the monitoring equipment for a significant water transmission
pipeline project in Saudi Arabia. Yokogawa provided its FAST/TOOL supervisory
control and data acquisition (SCADA) software, its STARDOM network-based
control system, flowmeters, transmitters, and a leak detection system to
monitor the pipelines. It also provided analytical equipment to monitor the
water quality. These goods were designed, installed, and commission by Yokogawa
Saudi Arabia. By the end of that year, the pipeline system was operational
after delivery was finished in March 2021.
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Attribute
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Details
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Base Year
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2022
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Historic Data
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2018 –
2022
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Estimated Year
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2023
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Forecast Period
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2024
– 2028
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Quantitative Units
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Revenue in USD Million, and CAGR for 2018-2022 and 2024-2028
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Report coverage
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Revenue
forecast, company share, growth factors, and trends
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Segments covered
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Type
Technology
End
User Industry
Region
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Regional scope
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Eastern
Region, Northern & Central Region, Western
Region, Southern Region
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|
Key companies profiled
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ABB Electrical
Industries Co. Ltd, Honeywell Turki Arabia Ltd., Siemens Ltd, Huawei
Technologies Co., Ltd., Ge - Grid Solutions Arabia Ltd, Rockwell Automation
Saudi Arabia, Schneider Electric Saudi Arabia, Xylem Inc., Luna Innovations Incorporated,
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Customization scope
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10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel
through Email (We can also provide the editable version of the report in
PPT/Word format on special request)
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Report
Scope:
In this report,
the Saudi Arabia pipeline monitoring system market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Saudi Arabia Pipeline Monitoring System Market, By Type:
- Saudi Arabia Pipeline Monitoring System Market, By Technology:
- Ultrasonic
- PIG
- Smart Ball
- Magnetic Flux Leakage
- Fiber Optic Technology
- Others
- Saudi Arabia Pipeline Monitoring System Market, By End User Industry:
- Crude & Refined Petroleum
- Water & Wastewater
- Others
- Saudi Arabia Pipeline Monitoring System Market, By
Region:
- Eastern Region
- Northern & Central Region
- Western Region
- Southern Region
Competitive
Landscape
Company
Profiles: Detailed
analysis of the major companies present in the Saudi Arabia pipeline monitoring
system market.
Available
Customizations:
With the given
market data, TechSci Research offers customizations according to a company's
specific needs. The following customization options are available for the
report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
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