The Gas Pipeline Infrastructure Global Market Report 2023, provides comprehensive information on the gas pipeline infrastructure 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.
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The global gas pipeline infrastructure market size is expected to grow from $2,570.17 billion in 2022 to $2,673.87 billion in 2023 at a compound annual growth rate (CAGR) of 4.0%. 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 gas pipeline infrastructure market size is expected to reach $3,092.46 billion in 2027 at a CAGR of 3.7%.
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Technological advancements are a key trend gaining popularity in the gas pipeline infrastructure market. Companies operating in the gas pipeline infrastructure are adopting new technologies to sustain their position in the market. For instance, in December 2022, ABB, a Switzerland-based automation company that provides standardized processes, policies, and systems, launched the Sensi+ revolutionary analyzer. The Sensi+ analyzer uses laser-based technology to enhance process control by delivering rapid and accurate readings while virtually eliminating false readings. This innovative device can efficiently analyze up to three pollutants (H2S, H2O, and CO2) in any natural gas stream, providing pipeline monitoring and operations that are safer, simpler, and more effective, all in one device.
The gas pipeline infrastructure market is segmented:
1) By Equipment: Pipeline, Valves, Compressor Station, Metering Skids
2) By Operation: Transmission, Distribution
3) By Application: On-Shore, Off-Shore
4) By End user: Commercial, Residential
North America was the largest region in the gas pipeline infrastructure market in 2022.
The table of contents in TBRC’s gas pipeline infrastructure market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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