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Market Research Report

Crude Oil Pipeline Transportation Market: Global Industry Analysis, Trends, Size, Share, Growth Factors, Overview, Opportunity Assessment, & Market Forecast 2017-2025

Published On : 2018-07-10 Report Page : 290 Category: Transportation

Global Crude Oil Pipeline Transportation Market 2017-2025

Market Overview

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 the 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. Goldstein Research analyst forecast that the Global crude oil pipeline transportation market is set to reach nearly USD 63.5 billion by 2024, growing at a CAGR of 10.4% over the forecast period (2017-2025).

Global Crude Oil Pipeline Transportation Market Segmentation

By Solution

  • Security Solution
  • Automation and Control Solution
  • Integrity and Tracking Solution
  • Network Communication 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. Security solution market share is followed by automation and control solution and is expected to grow at a CAGR of 10.6% over the forecast period.

By Services

  • Consulting Services
  • Management Services
  • Maintenance and Support Services

By End-User

  • Transportation Industry
  • Refiners and Manufacturers

By Geography

  • North America (U.S. & Canada)  Crude Oil Pipeline Transportation Market {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Crude Oil Pipeline Transportation Market {Market Share (%), Market Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Crude Oil Pipeline Transportation Market {Market Share (%), Market Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Crude Oil Pipeline Transportation Market {Market Share (%), Market Size (USD Billion)}
  • The Middle East & Africa (GCC, South Africa, North Africa, Romea) Crude Oil Pipeline Transportation Market {Market Share (%), Market Size (USD Billion)}

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 crude oil pipeline transportation market.

Covered In This Global Crude Oil Pipeline Transportation Market Report

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 an 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.

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Key questions answered in this Global Crude Oil Pipeline Transportation Market Report

  • What is the total market size by 2025 and what would be the expected growth rate of the market?
  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry-level players?
  • What are the recent developments and business strategy of the key players?

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Crude Oil Pipeline Transportation Market: Global Industry Analysis, Trends, Size, Share, Growth Factors, Overview, Opportunity Assessment, & Market Forecast 2017-2025

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