The Household Natural Gas Distribution Global Market Report 2023, provides comprehensive information on the household natural gas distribution 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 Household Natural Gas Distribution Market’s Growth:
The global household natural gas distribution market size is expected to grow from $169.49 billion in 2022 to $179.20 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. 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 household natural gas distribution market size is expected to reach $223 billion in 2027 at a CAGR of 5.6%.
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Product innovation is a key trend gaining popularity in the household natural gas distribution market. Major companies operating in household natural gas distribution are focused on developing innovative solutions to strengthen their position in the market. For instance, in December 2022, ABB Ltd., a Switzerland-based automation company, launched the Sensi+ technological product for natural gas quality monitoring. This new solution simplifies and reduces the cost of pipeline operation and maintenance. It enables safer, easier, and more efficient pipeline monitoring and operations through a single device that can analyse up to three contaminants in any natural gas stream accurately and in real time and that provides experts with actions and insights directly from the device. Capabilities include built-in self-diagnostics, automated laser line-locking, and real-time cross-interference compensation, which will help natural gas pipeline operators.
The household natural gas distribution market is segmented:
1) By Type: Pipelines, LNG Vessels
2) By Type of Operator: Public Operator, Private Operator
3) By Source: Conventional Gas, Unconventional Gas
Asia-Pacific was the largest region in the household natural gas distribution market in 2022.
The table of contents in TBRC’s household natural gas distribution market report includes:
1. Executive Summary
2. Household Natural Gas Distribution Market Characteristics
3. Household Natural Gas Distribution Market Trends And Strategies
4. Household Natural Gas Distribution Market – Macro Economic Scenario
5. Household Natural Gas Distribution Market Size And Growth
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26. Africa Household Natural Gas Distribution Market
27. Household Natural Gas Distribution Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Household Natural Gas Distribution Market
29. Household Natural Gas Distribution Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Eni S p A
- Chevron Corporation
- Royal Dutch Shell Plc
- BP Plc
- PJSC Lukoil Oil Company
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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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