Pipeline Transportation Market Summary
As per Market Research Future Analysis, the Pipeline Transportation Market was valued at 21.35 USD Billion in 2024 and is projected to grow to 37.18 USD Billion by 2034, with a CAGR of 5.70% from 2025 to 2034. Key drivers include the rising energy demand, advancements in technology such as AI and IoT, and increased infrastructure development in emerging regions. The market is significantly influenced by the rapid growth of international oil and gas trade, necessitating efficient transportation solutions. The transmission pipeline segment leads the market with 35% revenue share, while network communication solutions are the top revenue-generating category in pipeline transportation solutions. Maintenance and support services dominate the service segment, driven by the need for safety and efficiency in oil and gas transportation.
Key Market Trends & Highlights
The Pipeline Transportation Market is experiencing significant growth driven by various factors.
- Market Size in 2024: 21.35 USD Billion; Expected to reach 37.18 USD Billion by 2034.
- Transmission pipelines account for 35% of market revenue.
- Network communication solutions are the leading revenue segment in pipeline transportation solutions.
- Maintenance and support services are the highest revenue-generating service category.
Market Size & Forecast
2024 Market Size | USD 21.35 Billion |
2034 Market Size | USD 37.18 Billion |
CAGR from 2025 to 2034 | 5.70% |
Major Players
Key players include ABB (Switzerland), Emerson Electric Co. (U.S.), ESRI (India), FMC Technologies (U.S.), Rockwell Automation, Inc. (U.S.), Schneider Electric (France), Siemens (Germany), Trimble Navigation Limited (U.S.), IDS GmbH (Germany), Baker Hughes (U.S.), Halliburton (U.S.), National Oilwell Varco (U.S.), and John Wood Group PLC (U.K.).