According to a new market report published by Lucintel, the future of the gas pipeline infrastructure market looks promising with opportunities in the compressor and metering of gas. The global gas pipeline infrastructure market is expected to grow with a CAGR of 3% from 2020 to 2025. The major drivers for this market are increasing exploration activities of shale gas and increasing pipeline installation for transportation in developed & developing countries.
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Gas pipeline infrastructure are pipelines used for transportation of gas through a system of pipes. In this market, gathering, transmission, and distribution are the major operations of gas pipeline infrastructure. Lucintel forecasts that distribution will remain the largest segment over the forecast period as there is growing number of gas-fired power plants, chemical sector, manufacturing sector, and residential & commercial sector.
Within this market, metering will remain the largest segment by application over the forecast period due to the strict regulations regarding the accuracy of custody transfer and fiscal metering, which measure the delivery volumes and pressure of natural gas into and out of the pipeline system.
North America will remain the largest region over the forecast period due to presence of highly integrated transmission and distribution infrastructure that can transport natural gas to and from any state across the region.
Enbridge, Gazprom, TransCanada Pipelines, Kinder Morgan, Pembina Pipeline, Saipem, Engas, and Alliance Pipeline are among the major suppliers in the global gas pipeline infrastructure market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global gas pipeline infrastructure market by operation, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Gas Pipeline Infrastructure Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global gas pipeline infrastructure market by operation, application, and region as follows:
By Operation [Value ($ Million) shipment analysis for 2014 – 2025]:
Gathering
Transmission
Distribution
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
A 150-pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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