The Global Natural Gas Distribution Market Report by The Business Research Company covers natural gas distribution market drivers and restraints, natural gas distribution market size, major players, and the impact of COVID-19 on the natural gas distribution market.
The natural gas distribution market consists of sales of natural gas by entities (organizations, sole traders and partnerships) that operate gas distribution systems (mains and meters), including gas marketers that buy gas directly from the gas wells or storages and sell it through a distribution system, through gas brokers or agents that arrange the sale of gas over gas distribution systems operated by others. This industry includes establishments that transmit and distribute gas to final end-consumers only.
The global natural gas distribution market reached a value of nearly $466,183.8 million in 2020, having at a declining compound annual growth rate (CAGR) of -1.1% since 2015. The market is expected to grow at a CAGR of 10.2% from 2020 to reach $758,910.4 million in 2025. The global natural gas distribution market is expected to reach $1,057,566.5 million in 2030, at a CAGR of 6.9%.
Growing demand for automotive natural gas vehicles is anticipated to boost the revenue for the natural gas distribution market over the upcoming years. The surge in production of passenger and commercial vehicles generates huge demand for natural gas vehicles as the transportation sector across the world is adopting natural gas for vehicles. Conventional fuels, such as diesel and petrol are causing pollution and emitting greenhouse gas emissions on a large scale.
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Some natural gas distribution market trends include using advanced metering infrastructure (AMI) technology to better monitor and maintain assets and infrastructure. Moreover, natural gas distribution companies are using acoustic leak detection technology to monitor gas pipelines. This technology uses the principle of sound for pipelines of diameter 4 meters or larger. It consists of an acoustic sensor, tri-axial accelerometer and magnetometer, GPS system and detects irregularities associated with leaks in a pressurized pipeline. This helps in preventing gas pipeline failures and thus improves gas distribution.
Global natural gas distribution market segments include:
1) By Type of Operator: Public Operator, Private Operator
2) By Type: Industrial And Commercial Natural Gas Distribution, Household Natural Gas Distribution
3) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Natural Gas Distribution Opportunities And Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides natural gas distribution market overviews, analyzes and forecasts market size, share, natural gas distribution market players, natural gas distribution market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The natural gas distribution identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Natural Gas Distribution Opportunities And Strategies: Forecast To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: PJSC Gazprom, Uniper SE, Naturgy Energy Group S.A., Centrica plc, Engie S.A.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Natural Gas Distribution Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Natural Gas Distribution Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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