The Natural Gas Pipeline Transport Global Market Report 2023, provides comprehensive information on the natural gas pipeline transport market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Natural Gas Pipeline Transport Market’s Growth:
The global natural gas pipeline transport market size is expected to grow from $16.42 billion in 2022 to $17.45 billion in 2023 at a compound annual growth rate (CAGR) of 6.22%. 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 natural gas pipeline transport market size is expected to reach $21.27 billion in 2027 at a CAGR of 5.1%.
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Technological advancements are a key trend gaining popularity in the natural gas pipeline transport market. Major companies operating in the natural gas pipeline transport market are focusing on developing new technologies to sustain their position in the market. For instance, in December 2022, ABB Ltd, a Switzerland-based provider of digital technologies, launched Sensi+, an analyzer to streamline and lower the price of pipeline operation and maintenance. It allows for safer, simpler, and more effective pipeline monitoring and operations due to a single device that can precisely and instantly assess up to three pollutants (H2S, H2O, and CO2) in any natural gas stream. The Sensi+ analyzer contains AnalyzerExpert features from ABB, which enable professionals to take actions and gain insights right from the instrument. Built-in self-diagnostics, automated laser line-locking, in-the-moment cross-interference compensation, and health monitoring are among the capabilities.
The natural gas pipeline transport market is segmented:
1) By Type: Gathering Pipeline, Transportation Pipeline, Distribution Pipeline
2) By Pipeline Component: Transmission Pipes, Compressor Stations, Metering Stations, Valves
3) By Application: Onshore, Offshore
North America was the largest region in the natural gas pipeline transport market in 2022.
The table of contents in TBRC’s natural gas pipeline transport market report includes:
- Executive Summary
- Natural Gas Pipeline Transport Market Characteristics
- Natural Gas Pipeline Transport Market Trends And Strategies
- Natural Gas Pipeline Transport Market – Macro Economic Scenario
- Natural Gas Pipeline Transport Market Size And Growth
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- Africa Natural Gas Pipeline Transport Market
- Natural Gas Pipeline Transport Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Natural Gas Pipeline Transport Market
- Natural Gas Pipeline Transport Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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