How much is the household natural gas distribution market worth, and how is it expected to expand?
The household natural gas distribution market size has grown strongly in recent years. It will grow from $209.49 billion in 2024 to $223.62 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to urbanization trends, population growth, energy efficiency concerns, government policies and incentives, consumer preferences.
The household natural gas distribution market size is expected to see strong growth in the next few years. It will grow to $282.95 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to renewable natural gas integration, smart metering and IoT integration, decentralized energy systems, energy transition initiatives, hydrogen blending. Major trends in the forecast period include advancements in gas storage technologies, technological advancements, transition to renewable natural gas (RNG), demand response programs, infrastructure modernization.
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Which Market drivers have played a significant role in driving the household natural gas distribution market?
The rising demand for natural gas is expected to propel the growth of the household natural gas distribution market going forward. Natural gas refers to a naturally occurring mixture of gaseous hydrocarbons, mainly methane but also including a number of other higher alkanes in smaller amounts. In household application, natural gas is used to heat a home and supply the energy source for cooking, clothes drying, and water heating using it with the appropriate appliances. The rise in applications of for natural gas for household purposes will increase the demand for behold natural gas distribution services, and will propel the growth of market. For instance, in May 2022, according to US Energy Information Administration, a US-based government agency, the United Kingdom produced 934,000 barrels per day (b/d) in total liquid fuels and 1.1 trillion cubic feet (Tcf) of natural gas in 2021. Therefore, the rising demand for natural gas is driving the growth of the household natural gas distribution market.
What are the key segments within the household natural gas distribution market?
The household natural gas distribution market covered in this report is segmented –
1) By Type: Pipelines, LNG Vessels
2) By Type of Operator: Public Operator, Private Operator
3) By Source: Conventional Gas, Unconventional Gas
Subsegments:
1) By Pipelines: Transmission Pipelines, Distribution Pipelines, Gathering Pipelines
2) By LNG Vessels: LNG Carrier Ships, LNG Storage Vessels, Floating Storage And Regasification Units (FSRUs)
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Which key players are shaping the household natural gas distribution market?
Major companies operating in the household natural gas distribution market include China Petroleum & Chemical Corporation, PetroChina Company Limited, China National Petroleum Corporation, PJSC Gazprom, Centrica plc, Tokyo Gas Co. Ltd., Osaka Gas Co. Ltd., Sempra Energy, Williams Companies Inc., Southwest Gas Corporation, Atmos Energy Corporation, New Jersey Resources Corporation, South Jersey Industries Inc., ONE Gas Inc., WGL Holdings Inc., National Fuel Gas Company, Spire Inc., Chesapeake Utilities Corporation, UGI Corporation, Northwest Natural Holding Company, CentralPoint Energy Inc.
Which transformative trends will shape the household natural gas distribution market landscape?
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 analyze 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.
How do regional factors impact the household natural gas distribution market, and which region is the largest contributor?
The countries covered in the household natural gas distribution market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
What Does The Household Natural Gas Distribution Market Report 2025 Offer?
The household natural gas distribution market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Household natural gas distribution refers to the distribution systems composed of mains and services pipelines that carry the gas from the meter stations throughout the distribution systems. They are used to heat buildings and water, to cook, and to dry clothes.
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