Gas Pipeline Infrastructure Market 2023: Size, Share, Key Players, Industry Overview, Latest Insights and Forecast to 2028
IMARC Group, a leading market research company, has recently releases report titled “Gas Pipeline Infrastructure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″, The study provides a detailed analysis of the industry, including the global gas pipeline infrastructure market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the gas pipeline infrastructure market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 2.62 Billion |
| Market Forecast in 2028 | US$ 3.38 Billion |
| Growth rate (2023 to 2028) | CAGR of 4.10% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is Gas Pipeline Infrastructure?
Gas pipeline infrastructure refers to a network of pipelines and associated facilities used to transport natural gas from production areas to end-users. The infrastructure typically includes pipelines of varying sizes and capacities, compressor stations, metering stations, and storage facilities. The pipelines are designed to transport natural gas over long distances, sometimes spanning entire countries or continents. Gas pipeline infrastructure is critical to the functioning of modern energy systems, providing a reliable and efficient means of delivering natural gas to power plants, industrial facilities, and residential consumers. The construction and maintenance of gas pipeline infrastructure require significant investments in engineering, construction, and operation, thus making it a capital-intensive industry.
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Gas Pipeline Infrastructure Market Growth and Development:
The increasing global demand for natural gas, which is used as a cleaner and is a more efficient fuel as compared to other fossil fuels represents a key factor driving the market growth across the globe. In line with this, the shift toward cleaner energy sources, driven by increasing environmental concerns and the implementation of stringent government regulations, is also facilitating the demand for gas pipeline infrastructure. In addition to this, the rise in shale gas production is contributing to the growth of the market. Apart from this, the ongoing investments in the maintenance and expansion of existing gas pipeline infrastructure networks is creating a positive outlook for the market.
Gas Pipeline Infrastructure Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the gas pipeline infrastructure market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- APA Group
- CRC Evans Pipeline
- Enagás S.A
- Enbridge Inc
- Europipe GmBH
- GAIL (India) Limited
- MRC Global Inc
- Saipem S.p.A.
- TC Energy Corporation
Key Market Segmentation:
The report has segmented the gas pipeline infrastructure market on the basis of operation, equipment, application and region.
Breakup by Operation:
- Gathering
- Transmission
- Distribution
Breakup by Equipment:
- Pipeline
- Valves
- Ball Valve
- Gate Valve
- Plug Valve
- Compressor Station
- Turbine
- Motors
- Metering Skids
Breakup by Application:
- Onshore
- Offshore
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
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