Global Gas Pipeline Infrastructure Market to reach USD XX million by 2027.Global Gas Pipeline Infrastructure Market is valued approximately at USD XX Million in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Growing inclination towards clean energy source is creating demand in the natural gas pipeline infrastructure market. Rising natural gas demand among key industries such as power generation, manufacturing and chemical and rising government initiative in setting up natural gas pipeline infrastructure in various parts around the world are injecting growth in the market. According to Statista, natural gas consumption worldwide has increased from 3478.2 billion cubic meters in 2015 to 3903.9 billion cubic meters in 2019. Also, on 31st March, 2021, Petroleum and Natural Gas Regulatory Board (PNGRB) (India), authorized approximately 33,764 Km Natural Gas Pipeline Network across the country with the aim to create a national gas grid and increase the availability of natural gas across the country. Furthermore, growing trade movement and rising discoveries of shale gas reserves are expected to create lucrative demand during forecast period. According to government of Canada, it is estimated that by 2035, shale gas and tight gas will together represent 80% of Canada's total natural gas production. However, high project cost and lack of funding in low- income economies may hinder the growth in coming years.
North America is leading the world market in terms of revenue among Asia Pacific, North America, Europe, Latin America, and Rest of the World, owing to presence of highly integrated transmission and distribution infrastructure that can transport natural gas to and from any state across the region. Whereas, Asia Pacific is expected to register highest growth rate during forecast period, due to growing consumption of natural gas among many industries such as manufacturing, oil and gas, chemical and others.
Major market player included in this report are:
CRC Evans Pipeline
APA Group
Snam Rete
General Electric
MRC Global
DCP Midstream
National Oilwell Varco
Perusahaan Gas Negara
Alliance Pipeline
Kinder Morgan
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Operation:
Gathering Pipeline
Transmission Pipeline
Distribution Pipeline
By Application:
Compressor Station
Metering Station
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Gas Pipeline Infrastructure Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors