Pipeline Monitoring Systems to See Good Times Ahead

A growing number of oil and gas leaks in production, pipelines and storage tanks due to natural disasters, and stringent government regulations for pipeline safety and security will drive expansion and upgrades of pipeline monitoring systems in the future. In the coming years, the market is expected to witness the highest growth rate in the Asia-Pacific region. This can be attributed to the large population in these countries, along with new pipeline construction, which will increase the demand for pipeline-monitoring systems. The growing trend toward development of new devices and solutions for monitoring pipeline performance, optimizing resources, automating functions and safeguarding operations fuels the growth of monitoring systems.