Visual analysis and reconstruction of pipeline inner walls remain challenging in industrial inspection scenarios. This paper presents a dedicated reconstruction system for pipeline inner walls via industrial endoscopes, which is built on panoramic image stitching technology. Equipped with a custom graphical user interface (GUI), the system extracts key frames from endoscope video footage, and integrates polar coordinate transformation with image stitching techniques to unwrap annular video frames of pipeline inner walls into planar panoramic images. Experimental results demonstrate that the proposed method enables efficient processing of industrial endoscope videos, and the generated panoramic stitched images preserve all detailed features of pipeline inner walls in their entirety. This provides intuitive and accurate visual support for defect detection and condition assessment of pipeline inner walls. In comparison with the traditional frame-by-frame video review method, the proposed approach significantly elevates the efficiency of pipeline inner wall reconstruction and exhibits considerable engineering application value.