Oil & Gas Equipment & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Pipeline Construction Services
Overview
Market size
$56.0B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
7
tracked players
Signals
12
5 high severity
Market outlook
2031$68.8B
What changed
Demand by region
North America demand32%
Asia Pacific demand26%
Europe demand24%
Middle East and Africa demand12%
Rest of world demand6%
share of global demandtotal 100%
Cost drivers
Construction labor and specialized welding40%
Steel line pipe and structural materials30%
Heavy equipment utilization and fuel15%
Engineering, permitting and right of way acquisition10%
Logistics and freight handling5%
share of delivered cost (analyst estimate)