Pipeline Safety Market Report 2024 - Global Trends, Forecasts and Competitive Analysis to 2030 Featuring GE, Schneider Electric, Siemens, ABB, and Honeywell International [Yahoo! Finance]
Honeywell International Inc. (HON)
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Source: Yahoo! Finance
The global pipeline safety market is expected to reach an estimated $13.7 billion by 2030, and it is forecast to grow at a CAGR of 5.1% from 2024 to 2030. The future of the global pipeline safety market looks promising with opportunities in the natural gas, crude oil, and refined product markets.The major drivers for this market are sustainable use of the resources, increased spending by the oil & gas companies in infrastructure and network protection, and increasing number of tragedies such as chemical gas leakage & terrorist attacks. In this market, SCADA for pipelines is the largest solution product segment of pipeline safety, whereas natural gas is the largest vertical segment. SCADA (supervisory control and data acquisition) for pipelines will remain the largest segment over the forecast period as it is cost effective and can be installed at any kind of location. Within this market, natural gas will remain the largest segment by vertical over the forecast period due to the
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Earnings
- 4/25/24 - Beat
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Sec Filings
- 5/3/24 - Form 144
- 5/2/24 - Form 4
- 5/1/24 - Form 4
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