Global Gas Pipeline Infrastructure Market Competitive Landscape, Top Market Segments, And Fastest Growing Regions
9 Jun, 2023
The global gas pipeline infrastructure market size is expected to grow from $2,570.17 billion in 2022 to $2,673.87 billion in 2023 at a compound annual growth rate (CAGR) of 4.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global gas pipeline infrastructure market size is expected to reach $3,092.46 billion in 2027 at a CAGR of 3.7%.
Global Gas Pipeline Infrastructure Market Key Driver
The increased demand for shale gas is likely to drive the expansion of the gas pipeline infrastructure industry in the coming years. Shale gas is a type of natural gas recovered from shale rock formations using the hydraulic fracturing, or fracking, technology. Gas pipeline infrastructure is used to transport shale gas, which is mostly transported through pipeline, which employs both old and modern pipeline infrastructure.
Get a sample of the global gas pipeline infrastructure market reportGlobal Gas Pipeline Infrastructure Market Segments
The global gas pipeline infrastructure market is segmented:
1) By Equipment: Pipeline, Valves, Compressor Station, Metering Skids
2) By Operation: Transmission, Distribution
3) By Application: On-Shore, Off-Shore
4) By End user: Commercial, Residential
5) By Geography: The regions covered in the gas pipeline infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global gas pipeline infrastructure market.
Major Gas Pipeline Infrastructure Industry Players
Gazprom, Snam S.p.A., MRC Global, CRC Evans, NOV Inc., General Electric Company, PT Pertamina Gas Negara Tbk, TechnipFMC Plc., Kinder Morgan Inc., Saipem S.p.A, Enbridge Inc., Europipe, APA Group, Alliance Pipelines, DCP Midstream Partners, Redexis, Chelpipe, Engas, TC Energy Corporation
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Gas Pipeline Infrastructure Market Overview
Gas pipeline infrastructure refers to the pipelines that collect, move, and distribute gas from producing wells to end-use consumers. It also includes transportation-related buildings, such as compressor and metering stations, pipelines, and gas processing facilities.
Gas Pipeline Infrastructure Global Market Report 2023 provides data on the global gas pipeline infrastructure market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The gas pipeline infrastructure market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.