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2020-03-11
740
Global
Crude oil pipeline transportation is a vital part of an economy as it proves to a safe, efficient and economical transportation method from the exploration site to production areas. Crude oil pipelines established are getting longer with the growing number of exploration sites, infrastructure development, and dependence on energy resources, which is thus driving the growth of the global crude oil pipeline transportation market. Global oil consumption in Q3 of 2017 was estimated to be nearly 98 million barrels per day, which shows the high oil demand. Globally 80% of the crude oil is transported through pipelines.
The East African Crude Oil Pipeline is marked to be the longest crude oil pipeline in the world and various other crude oil pipeline project is expected to come up in future such as in Uganda-Tanzania of 1445 km stretch. Moreover, the efficiency of the crude oil pipeline is dependent upon advanced technological solutions such as automation, control, security, networking, and tracking. Various companies such as IDS GmbH, Emerson, and Baker & O'Brien provide these solutions and services, enabling smooth and efficient transportation.
By Solution
Security solution accounted for the largest market share of 37.4% in 2017 due to the growing risk of cyber threats, leakages and other security concerns.
By Services
By End-User
By Geography
Based on geography, North America accounted for the largest market share of 42.3% in 2017 based on established and work-in-progress of crude oil pipeline transportation. The U.S. region is followed by the Middle East and Africa market share on account of the longest crude oil pipeline transportation being constructed in the region. The growing economy of Latin America is proving to be the opportunistic region for the growth of the crude oil pipeline transportation market.
The report covers the present ground scenario and the future growth prospects of the crude oil pipeline transportation market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.
Global Crude Oil Pipeline Transportation Market Outlook 2017-2025, has been prepared based on in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global crude oil pipeline transportation market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Crude Oil Pipeline Transportation Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
Our Global crude oil pipeline transportation market report comprises of the following companies as the key players: ABB Ltd, Alstom, Schneider Electric, Siemens, Emerson, ESRI, Rockwell Automation, BUCKEYE GP HOLDINGS LP, Holly Energy Partners, L.P., Kinder Morgan Management, LLC, Magellan Midstream Partners, Plains All American Pipeline, etc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this Global Crude Oil Pipeline Transportation Market Report
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