Intelligent Pigging Services Market research Registering a Strong Growth by 2019 - 2029
Future Market Insights (FMI), delivers key insights on the global intelligent pigging services market in its latest report titled, “Intelligent Pigging Services Market: Global Industry Analysis and Opportunity Assessment 2015 – 2025”. According to the report, the global intelligent pigging services market is expected to register a CAGR of 6.3% during the forecast period (2015–2025). Pipeline inspection gauges, also known as pigs, are devices used for inspection and maintenance operations of oil and gas pipelines. Intelligent pigs have an on-board electronic chip, which is used for recording the data about the condition of the pipeline. Intelligent pigs are widely used for corrosion and cracks detection. Assessing various factors driving market growth, FMI analyst said, “Stringent government & industry regulations, expected economic revival and technological advancements in pigging services are surging demand for global intelligent pigging services market.” The analyst added tha