Gas Pipeline Infrastructure Market – Global Industry Analysis and Forecast (2018-2026)
Gas Pipeline Infrastructure Market is estimated to reach US$ XX Tn by 2026 in terms of revenue at CAGR of XX % in the forecasting Period. The paradigm shift from crude oil towards natural gas across the end users will propel the global Gas Pipeline Infrastructure Market size. Higher efficiency and less carbon footprint are some of the key parameters of natural gas which will boost product penetration across electricity generating stations. In 2017, the U.S. Energy Information Administration (EIA) reported that natural gas accounted for over 33% of the total electricity generation at utility scale facilities in 2016.
Increasing discoveries of the unconventional reserves including shale together with the vast untapped potential of existing reservoirs will boost the Gas Pipeline Infrastructure Market share. Developing economies are gradually focusing on the expansion of E&P activities in shale resources to balance the energy intake that will further have a positive impact on the overall market growth of the Gas Pipeline Infrastructure Market. For example, in 2016, China Geological Survey (CGS) reported the discovery of 13.54 trillion cubic meters of shale reserves in Guizhou province.
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There is an exponential upsurge in the energy demand because of robust industrialization and urbanization that will further augment the Gas Pipeline Infrastructure Market growth. A growing need for developing the existing pipeline network to suffice the rising energy demand will positively impact the overall industry of gas pipelines. In 2017, the UK Department of Business, Energy & Industrial Strategy published that the annual natural gas consumption exceeded 46.32 bcm in 2016.Gas Pipeline Infrastructure Market Gas Pipeline Infrastructure Market is majorly segmented by the application, operation, and region. Based on the applications segment, onshore is expected to dominate the Gas Pipeline Infrastructure Market in 2017. Increasing emphasis to enlarge the land conduits along with the renovation of the existing network will propel the industry growth. In 2017, an Australian energy infrastructure company Jemena was selected by the Northern Territory Government to construct and operate a 622-km pipeline stretch worth around USD 634 million. The issued project has an objective to initiate the flow by late 2018.
Gas Pipeline Infrastructure can be also segmented based on operations where the transmission segment held the highest market share. A growing need for bolstering the interstates and international trade along with the reduction in reliance on existing lines that are outdated will drive the Gas Pipeline Infrastructure Market. In 2016, the GRTgaz and Fluxys Belgium introduced a new transmission network in Pitgam to create an integrated gas grid. The facilities are dedicated to transferring up to an additional capacity of 8 cm per year between French and Belgian stations.
North America held the highest market in 2017 among other regions for the Gas Pipeline Infrastructure Market where the U.S. held a significant market share in terms of application. Refurbishment of long-standing conduit systems along with an increase in gas connected users will augment the business landscape. In 2016, the EIA reported that national pipeline exports to Mexico have increased substantially over the last few years. It also projected that the cross-border transport capacity which stands at 7.3 bcf per day will double within 3 years.
Key player across the gas pipeline infrastructure industry are Enbridge, Europipe, Saipem, Gazprom, APA Group, and CRC Evans Pipeline. Major players are progressively adopting different strategies including joint ventures and mergers & acquisitions to enhance their global penetration. In November 2016, Saipem entered into a long-term engineering, procurement, installation, construction (EPIC) agreement offered by Saudi Aramco until 2021. The contract includes the company to design, install and laying of pipelines, umbilicals and subsea cables along with other O&G activities with an aim to establish the Saipem’s footprint in the Middle East region.
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Gas Pipeline Infrastructure Market Scope
Gas Pipeline Infrastructure Market By Application
• Onshore
• Offshore
Gas Pipeline Infrastructure Market By Operation
• Transmission
• Distribution
Gas Pipeline Infrastructure MarketBy Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players operating in the market:
• Enbridge
• Europipe
• Gazprom
• APA Group
• CRC Evans Pipeline
• General Electric
• Snam Rete
• Redexis
• Saipem
• Technip
• MRC Global
• Chelpipe
• DCP Midstream
• Engas
• GAIL
• National Oilwell Varco
• Perusahaan Gas Negara
• Welspun
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the current Gas Pipeline Infrastructure Market outlook. The report encompasses the Gas Pipeline Infrastructure Market by different segments and region, providing the in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Gas Pipeline Infrastructure Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Gas Pipeline Infrastructure Market positioning of competitors.
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MAJOR TOC OF THE REPORT
Chapter One: Gas Pipeline Infrastructure Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Gas Pipeline Infrastructure Market Competition, by Players
Chapter Four: Global Gas Pipeline Infrastructure Market Size by Regions
Chapter Five: North America Gas Pipeline Infrastructure Revenue by Countries
Chapter Six: Europe Gas Pipeline Infrastructure Revenue by Countries
Chapter Seven: Asia-Pacific Gas Pipeline Infrastructure Revenue by Countries
Chapter Eight: South America Gas Pipeline Infrastructure Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Gas Pipeline Infrastructure by Countries
Chapter Ten: Global Gas Pipeline Infrastructure Market Segment by Type
Chapter Eleven: Global Gas Pipeline Infrastructure Market Segment by Application
Chapter Twelve: Global Gas Pipeline Infrastructure Market Size Forecast (2019-2026)
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