Pipeline Transportation Market Size

Pipeline Transportation Market size was valued at USD 21.6 billion in 2024 and is estimated to reach USD 42.9 billion by the end of 2037, expanding at a CAGR of 5.9% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of pipeline transportation is assessed at USD 22.8 billion.

The growth in the pipeline transportation market is majorly impelled by the growing energy consumption across the world due to rapid urbanization and industrialization. According to an IEA report published in 2024, the global demand for power is poised to grow at a higher rate of 3.4% by the end of 2026. The report further states, that in 2023, the additional electricity demand from outside advanced economies was led by China rose by 6.4% due to its enlarging services and industrial sectors. This is further pushing the limits of existing power grids, raising the need for transporting supplies for more electricity generation. Further, it inflates the need for pipeline network expansion, penetrating growth in this industry.

Heavy energy production and transportation on the other hand raise concerns about maintaining their operational efficacy during the supply. This has led to a growing focus on integrating technological advancements in the pipeline transportation market to mitigate these problems. Many tech companies are now introducing innovative methods and solutions for better performance and compliance. For instance, in September 2024, Baker Hughes launched CarbonEdge to optimize and streamline operations and reporting for CCUS projects. The end-to-end solution is equipped with an integrated dashboard to offer real-time data and alerts on CO2 flows across the system including pipeline transportation.