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Privacy PolicyThe global pipeline inspection and diagnostic market, valued at USD 7,131 million in 2024, is forecast to reach USD 12,531.62 million by 2034, growing at a 5.8% CAGR as demand for safe, efficient, and technology-driven energy infrastructure monitoring rises.
Reports Attributes | Statistics |
Market Size in 2024 | USD 7,131 Million |
Market Size in 2025 | USD 7,544.6 Million |
Market Size in 2031 | USD 1,0581.57 Million |
Market Size by 2034 | USD 12,531.62 Million |
CAGR 2025 to 2034 | 5.8% |
Base Year | 2024 |
Forecast Period | 2025 to 2034 |
Published by Yogesh Kulkarni
Type | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
Pipeline Inspection | 4,278.60 | 4,511.67 | 4,757.38 | 5,016.42 | 5,289.50 | 5,577.39 | 5,880.87 | 6,200.80 | 6,538.05 | 6,893.58 | 7,268.34 |
Pipeline Diagnostic | 2,852.40 | 3,032.93 | 3,224.80 | 3,428.73 | 3,645.47 | 3,875.81 | 4,120.61 | 4,380.77 | 4,657.25 | 4,951.05 | 5,263.28 |
Application | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
Oil & Gas Industry | 3,565.50 | 3,749.68 | 3,943.20 | 4,146.57 | 4,360.25 | 4,584.79 | 4,820.71 | 5,068.57 | 5,328.96 | 5,602.51 | 5,889.86 |
Chemical Industry | 1,069.65 | 1,139.23 | 1,213.29 | 1,292.11 | 1,375.99 | 1,465.25 | 1,560.23 | 1,661.31 | 1,768.86 | 1,883.30 | 2,005.06 |
Water Treatment Industry | 855.72 | 920.44 | 989.79 | 1,064.09 | 1,143.68 | 1,228.92 | 1,320.20 | 1,417.93 | 1,522.56 | 1,634.56 | 1,754.43 |
Power Generation Industry | 713.10 | 762 | 814.18 | 869.85 | 929.24 | 992.59 | 1,060.16 | 1,132.23 | 1,209.09 | 1,291.06 | 1,378.48 |
Others | 927.03 | 973.25 | 1,021.72 | 1,072.53 | 1,125.81 | 1,181.65 | 1,240.18 | 1,301.53 | 1,365.83 | 1,433.20 | 1,503.79 |
Region | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
North America | 2,495.85 | 2,633.08 | 2,777.80 | 2,930.47 | 3,091.50 | 3,261.35 | 3,440.50 | 3,629.47 | 3,828.79 | 4,039.02 | 4,260.75 |
Europe | 2,139.30 | 2,255.83 | 2,378.69 | 2,508.21 | 2,644.75 | 2,788.69 | 2,940.44 | 3,100.40 | 3,269.03 | 3,446.79 | 3,634.17 |
Asia Pacific | 1,782.75 | 1,908.78 | 2,043.44 | 2,187.29 | 2,340.96 | 2,505.10 | 2,680.40 | 2,867.61 | 3,067.51 | 3,280.96 | 3,508.85 |
Latin America | 356.55 | 384.77 | 415.07 | 447.59 | 482.49 | 519.93 | 560.08 | 603.15 | 649.33 | 698.83 | 751.90 |
Middle East and Africa | 356.55 | 362.14 | 367.18 | 371.59 | 375.27 | 378.13 | 380.06 | 380.94 | 380.64 | 379.03 | 375.95 |
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
Pipeline Inspection | 4,278.60 | 4,511.67 | 4,757.38 | 5,016.42 | 5,289.50 | 5,577.39 | 5,880.87 | 6,200.80 | 6,538.05 | 6,893.58 | 7,268.34 |
Pipeline Diagnostic | 2,852.40 | 3,032.93 | 3,224.80 | 3,428.73 | 3,645.47 | 3,875.81 | 4,120.61 | 4,380.77 | 4,657.25 | 4,951.05 | 5,263.28 |
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
Oil & Gas Industry | 3,565.50 | 3,749.68 | 3,943.20 | 4,146.57 | 4,360.25 | 4,584.79 | 4,820.71 | 5,068.57 | 5,328.96 | 5,602.51 | 5,889.86 |
Chemical Industry | 1,069.65 | 1,139.23 | 1,213.29 | 1,292.11 | 1,375.99 | 1,465.25 | 1,560.23 | 1,661.31 | 1,768.86 | 1,883.30 | 2,005.06 |
Water Treatment Industry | 855.72 | 920.44 | 989.79 | 1,064.09 | 1,143.68 | 1,228.92 | 1,320.20 | 1,417.93 | 1,522.56 | 1,634.56 | 1,754.43 |
Power Generation Industry | 713.10 | 762 | 814.18 | 869.85 | 929.24 | 992.59 | 1,060.16 | 1,132.23 | 1,209.09 | 1,291.06 | 1,378.48 |
Others | 927.03 | 973.25 | 1,021.72 | 1,072.53 | 1,125.81 | 1,181.65 | 1,240.18 | 1,301.53 | 1,365.83 | 1,433.20 | 1,503.79 |
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
North America | 2,495.85 | 2,633.08 | 2,777.80 | 2,930.47 | 3,091.50 | 3,261.35 | 3,440.50 | 3,629.47 | 3,828.79 | 4,039.02 | 4,260.75 |
Europe | 2,139.30 | 2,255.83 | 2,378.69 | 2,508.21 | 2,644.75 | 2,788.69 | 2,940.44 | 3,100.40 | 3,269.03 | 3,446.79 | 3,634.17 |
Asia Pacific | 1,782.75 | 1,908.78 | 2,043.44 | 2,187.29 | 2,340.96 | 2,505.10 | 2,680.40 | 2,867.61 | 3,067.51 | 3,280.96 | 3,508.85 |
Latin America | 356.55 | 384.77 | 415.07 | 447.59 | 482.49 | 519.93 | 560.08 | 603.15 | 649.33 | 698.83 | 751.90 |
Middle East and Africa | 356.55 | 362.14 | 367.18 | 371.59 | 375.27 | 378.13 | 380.06 | 380.94 | 380.64 | 379.03 | 375.95 |
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