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Rising natural gas demand is likely to spur innovation in domestic natural gas distribution manufacturing, propelling the market during the forecast period.

The global household natural gas distribution market 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 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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 Global Household Natural Gas Distribution Market Segments Include:

• By Type: Pipelines, LNG Vessels
• By Type of Operator: Public Operator, Private Operator
• By Source: Conventional Gas, Unconventional Gas
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global household natural gas distribution market in 2021.

Major Market Players in the household natural gas distribution market include Eni S p A, Chevron Corporation, Royal Dutch Shell Plc, BP Plc, PJSC Lukoil Oil Company, ExxonMobil Corporation, Saudi Arabian Oil Group, PJSC Gazprom, Tokyo Gas Co Ltd.

Product innovation is a prevalent trend in the domestic natural gas distribution business. Major residential natural gas distribution companies are focusing on providing novel solutions to strengthen their market position. For example, ABB Ltd., a Swiss automation business, will offer the Sensi+ technical device for natural gas quality monitoring in December 2022. This novel approach simplifies and minimises pipeline operation and maintenance costs. It offers safer, easier, and more effective pipeline monitoring and operations by utilising a single device that can accurately and in real time analyse up to three contaminants in any natural gas stream and gives specialists with actions and insights directly from the device. Built-in self-diagnostics, automated laser line-locking, and real-time cross-interference compensation are among the capabilities that will benefit natural gas pipeline operators.

The Household Natural Gas Distribution Global Market Report 2023  provides a household natural gas distribution market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The household natural gas distribution market forecast analyzes household natural gas distribution market size, household natural gas distribution market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Household natural gas distribution refers to the distribution networks made up of mains and service pipelines that transport gas from metre stations to the distribution systems. They’re used to heat buildings and water, as well as to cook and dry textiles.

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