Global Oil & Gas Pipeline Safety Report Published
The latest Global Oil and Gas Pipeline Safety Procurement Market Intelligence Report 2018-2022 has been published, outlining up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services in the oil and gas industry. The report also provides actionable insights to improve source-to-contract cycle performance, and helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Safeguarding Oil and Gas Pipeline Infrastructure
Pipeline safety refers to a set of solutions that are implemented by companies to safeguard oil and gas pipeline infrastructure from natural disasters and calamities, terrorist attacks, and other external damages. It not only helps oil and gas companies deliver supplies without any anomalies, buyers are also undertaking stringent pipeline safety measures to avoid leaking issues that may cause hazards to the environment, the workers, and the habitat around the pipeline.
The global oil and gas pipeline safety market is expected to grow further due to factors such as the growing number of incidents related to pipeline attacks and strict government regulations imposed to ensure pipeline safety. Several key suppliers are named as GE, Siemens, Honeywell, ABB, and Cisco.
Increasing Numbers of Oil and Gas Projects
Commenting on the report, an analyst from the research team said: “One of the key growth contributors for the buyers is to evaluate remote troubleshooting capabilities of suppliers.” According to the report, one of the key growth contributors for the global oil and gas pipeline safety market is the increasing number of oil and gas projects across geographical regions.
The report includes a detailed market overview, a snapshot of demand and supply within the industry, key market dynamics and supply market highlights, as well as pricing and procurement insights. To view the full report, click here.