The Business Research Company’s report on the Natural Gas Distribution Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the natural gas distribution market’s growth in recent years?
An increase in the construction of new gas pipelines is expected to propel the growth of the natural gas distribution market. Natural gas is delivered from the transmission system (responsible for moving large quantities of gas over long distances) to end-use customers by the distribution system. Therefore, with increasing pipeline developments, the demand for distribution is also expected to increase. For example, according to a 2022 year-end survey of data in the Global Gas Infrastructure Tracker, an information resource on fossil fuel infrastructure projects and their development, there are a total 210,400 kilometers (km) of gas pipelines in development globally, which is an increase of roughly 9% over the previous year, during the same period. The leading five countries in terms of in-development pipelines (proposed and under construction) are China, Russia, India, Australia, and the United States. Therefore, the growing construction of gas pipelines is likely to drive market growth over the forecast period.
Access Your Free Sample of the Global Natural Gas Distribution Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=5475&type=smp
How does the future projection of the natural gas distribution market size compare to its historical growth?
The natural gas distribution market size has grown strongly in recent years. It will grow from $932.78 billion in 2024 to $1007.3 billion in 2025 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to rapid economic growth in emerging markets, social security energy schemes, rise in demand for gas in end-user industries, pipeline expansions, and government initiatives to have access to cleaner energy.
The natural gas distribution market size is expected to see strong growth in the next few years. It will grow to $1317.5 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to rising urbanization, increasing demand for automotive natural gas vehicles, alternate modes of natural gas distribution, and development of new gas pipelines. Major trends in the forecast period include investing in ami technology to streamline operations, focusing on energy efficiency programs to facilitate large-scale savings in energy and costs, adopting acoustic leak detection technology to monitor pipelines and optimize gas distribution, adopting giss to support functions, and consider using thermal mass flow sensors for easy gas flow monitoring.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=5475&type=smp
Which key players are shaping the future of the natural gas distribution market?
Major companies operating in the natural gas distribution market include PJSC Gazprom, Uniper SE, Naturgy Energy Group S.A., Centrica plc, Engie S.A., Tokyo Gas Co.Ltd., E.ON SE, GAIL (India) Limited, Daigas Group, Italgas, Korea Gas Corporation, Novatek, Societe Togolaise de Gaz and Societe BenGaz SA, Beijing Enterprises Group Company Limited, Dominion Energy Inc., Natural Gas Distribution Company, GASAG, Cadent Gas Ltd., Enagás, Williams Companies Inc, National Iranian Oil Company, Indraprastha Gas, Chevron West African Gas Pipeline Ltd.Inc., ENN Group, Mahanagar Gas, Galea LG S.A, Centria Reti Gas, Integrated Gas Services Company LLC, Sede Central de la Compania de Gas de Montevideo, Sempra Energy, Gazprom, Oneok Inc., AGL Resources, G.EN. GAZ ENERGIA, TC Energy Corporation, Shell Overseas Holdings Ltd., Enbridge Inc, Montevideo Gas, Shenergy Group, Eni Gas & Power, NaftoGaz Group, Hunt LNG, Southern Natural Gas Co and Aquila, Gujarat State Petronet, Omv petrom, Kinder Morgan Inc, Abu Dhabi National Oil Company, Laheeb Gas Trading, Nigeria National Petroleum Corp., PGNiG, Aksa Cukurova Dogal Gaz Dagitim Anonim Sirketi, Petronet LNG, China Resources Gas Group, Planta Compresora Piedra del Aguila TGS, Total E&P Canada Ltd, Osaka Gas
What trends will propel the growth and evolution of the natural gas distribution market?
Companies in the natural gas distribution industry are investing in robotic wireless in-pipe leak detection systems for faster repair of leakages. Traditional detection systems are often slow. The new robotic technology can detect leaks at a faster pace and with high accuracy. The robotic devices use laser beams to detect potential leak points by analyzing the gas concentration in close proximity. This technology provides reliable results and reduces the amount of data to be processed in detection to plug gas leakage. For instance, the A6 OMD robot, developed by SMP Robotics, is used to detect underground pipeline gas leaks. It uses GPS to frame a map to locate the gas leak for a pipeline of any length.
Which regions are expected to become dominant players in the natural gas distribution market?
Eastern Europe was the largest region in the natural gas distribution market in 2024. Asia-Pacific was the second-largest region in the natural gas distribution market. The regions covered in the natural gas distribution market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/natural-gas-distribution-global-market-report
What are the emerging key segments in the natural gas distribution market, and how are they evolving?
The natural gas distribution market covered in this report is segmented –
1) By Type: Industrial And Commercial Natural Gas Distribution, Household Natural Gas Distribution
2) By Type of Operator: Public Operator, Private Operator
3) By End User: Residential, Automotive, Domestic, Industrial, Other End Users
Subsegments:
1) By Industrial And Commercial Natural Gas Distribution: Industrial Natural Gas Distribution, Commercial Natural Gas Distribution, Natural Gas Distribution For Power Generation, Natural Gas Distribution For Manufacturing
2) By Household Natural Gas Distribution: Residential Natural Gas Distribution, Natural Gas Distribution For Heating, Natural Gas Distribution For Cooking, Natural Gas Distribution For Water Heating
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5475
How is the natural gas distribution market defined?
Natural gas distribution system refers to the portion of a natural gas system that delivers gas energy from tap stations on the transmission system to points of connection at the customers’ premises. Natural gas distribution means the distribution pipelines and metering and regulating equipment at metering-regulating stations that are operated by a local distribution company within a single state that is regulated as a separate operating company by a public utility commission or that is operated as an independent municipally-owned distribution system.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company