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Gas Pipeline Infrastructure Market Segmentation By Application (Onshore and Offshore); By Operation (Transmission and Distribution); By Equipment (Valves, Pipeline, Metering Skids and Compressor Stations) and By End User (Commercial and Residential) – Global Demand Analysis & Opportunity Outlook 2028.

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Extensive insights into the Growth of Gas Pipeline Infrastructure Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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IN THE NEWS
  • January 28th, 2020: Commercial supplies via turkstream commenced from 1st January 2020. Gazprom, a global energy company, supplied its first billion cubic meters of gas via the turkstream gas pipeline. Out of this amount, about 54 percent of gas went to the Turkish gas market and around 46 percent of gas was delivered to the Turkey-Bulgaria border.

Introduction

Gas pipeline infrastructure is a safe as well as economic mode of transporting the natural gas. This basically connects gas sources to gas consuming market. Natural gas pipelines are made of carbon steel. The pipeline transformation system consists of a complex network of pipelines and is designed in such a way so that transportation of gas is done quickly and efficiently at the areas of high gas demand. Some of the pipelines exist above of the ground while majority of them are buried underground and hence, most of the people are unaware of the existence of vast network of pipelines.

Market Size and Forecast

The demand for gas is continuously growing across the commercial as well as residential sectors which can be attributed to the growth of gas pipeline infrastructure market. Shift of the industry from coal to gas, along with the fast growth of industrialization, is anticipated to drive the market growth. As the adoption of natural gas in manufacturing, power generation and chemical plants is rising, this is estimated to aid in complementing the landscape of the industry in the upcoming years.

The gas pipeline infrastructure market is anticipated to record a robust CAGR throughout the forecast period, i.e., 2020-2028. The market is segmented by operation into transmission and distribution, out of which, the distribution segment is anticipated to hold the largest market share owing to the rising consumption in end-use segments such as increasing number of chemical sectors, gas fired power plants, residential and commercial sector, manufacturing sector and others. This is anticipated to contribute towards the growth of the segment in the gas pipeline infrastructure market. CLICK TO DOWNLOAD SAMPLE REPORT

Growth Drivers

Growth of the industries with shale gas reserves

The rise in demand for shale gas coupled with the enormous potential of countless untapped gas as well as oil reservoirs across the globe is anticipated to drive the gas pipeline infrastructure market in upcoming years. Since the focus towards exploration and production activities across the countries with bumper shale gas reserves is growing, the industry outlook is further predicted to be amplified in future.

Rise in the adoption of natural gas

Presently, industries consisting of power generation, manufacturing, residential as well as commercial and chemical plants are adopting natural gas which is predicted to accelerate the growth of the gas pipeline infrastructure market. As the governments across the globe are enforcing strict regulations to stop the GHG emissions, the demand for gas pipeline infrastructure is estimated to grow over the forecast period.

Rising demand for gas pipeline infrastructure market with respect to the population growth

The demand for hydrocarbons is escalating on account of rising population which is projected to result in the growth of the global market. As the industries are expanding across the globe, the demand for gas pipeline infrastructure market is predicted to grow in the upcoming years.

Restraints

High price of gas and low availability

Many pipeline operators have to face financial stress due to high prices of gas but there is low availability of this gas which, in turn, leads to inadequate pipeline capacity use of available pipelines and hence, is predicted to affect operational efficiencies.

High initial cost of installation of gas pipelines

The cost of installing gas pipelines at an initial stage is high. The other equipment which is required to be installed along with the pipelines further increases the cost. Additionally, risk involved with the leakages also is estimated to act as a restraint for the global gas pipeline infrastructure market.

Market Segmentation

Our in-depth analysis of gas pipeline infrastructure market includes the following segments:

By Application

  • Onshore
  • Offshore

By Operation

  • Transmission
  • Distribution

By Equipment

  • Valves
  • Pipeline
  • Metering Skids
  • Compressor stations

By End User

  • Commercial
  • Residential

By Region

On the basis of regional analysis, the gas pipeline infrastructure market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

The market in North America is anticipated to hold the largest market share on the back of presence of nations such as United States where the production of natural gas and shale gas is highest when compared to other nations worldwide. Additionally, this region has highly integrated distribution as well as transmission infrastructure in order to transport natural gas from any state across the region. This is anticipated to contribute towards the growth of the segment in the global gas pipeline infrastructure market.

The market in Middle East and Africa is anticipated to observe significant market growth on the back of increasing production and exploration activities, planning as well as construction of new pipelines in offshore and onshore applications. This factor is estimated to ultimately lead to the growth for gas pipeline infrastructure market in the upcoming years.

Gas Pipeline Infrastructure Market Graph

The gas pipeline infrastructure market is further classified on the basis of regions as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis.

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