The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increased natural gas consumption is likely to promote innovation in natural gas pipeline transport manufacturing, propelling the market during the forecast period.

The global natural gas pipeline transport market is expected to grow from $16.42 billion in 2022 to $17.45 billion in 2023 at a compound annual growth rate (CAGR) of 6.22%. The global natural gas pipeline transport market size is expected to reach $21.27 billion in 2027 at a CAGR of 5.1%.

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Global Natural Gas Pipeline Transport Market Segments Include:

• By Type: Gathering Pipeline, Transportation Pipeline, Distribution Pipeline
• By Pipeline Component: Transmission Pipes, Compressor Stations, Metering Stations, Valves
• By Application: Onshore, Offshore
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global natural gas pipeline transport market in 2021.

Major Market Players in the natural gas pipeline transport market include ABB Ltd., General Electric Company, Saipem S.p.A., Technip Energies N.V., Enterprise Products Partners L.P., Kinder Morgan Inc., Chevron Corporation, PetroChina Company Limited.

Technological developments are a prevalent trend in the natural gas pipeline transport sector. To maintain their market position, major players in the natural gas pipeline transport market are focusing on creating innovative technology. For example, in December 2022, ABB Ltd, a Swiss producer of digital technology, unveiled Sensi+, an analyzer designed to expedite and reduce the cost of pipeline operation and maintenance. Because of a single device that can precisely and rapidly assess up to three contaminants (H2S, H2O, and CO2) in any natural gas stream, it enables safer, simpler, and more effective pipeline monitoring and operations. ABB’s AnalyzerExpert features are included in the Sensi+ analyzer, allowing professionals to take actions and obtain insights directly from the instrument. Among the features are built-in self-diagnostics, automated laser line-locking, in-the-moment cross-interference compensation, and health monitoring.

The Natural Gas Pipeline Transport Global Market Report 2023  provides a natural gas pipeline transport market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The natural gas pipeline transport market forecast analyzes natural gas pipeline transport market size, natural gas pipeline transport 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.

Natural gas pipeline transport is a safe and effective way of transferring natural gas that connects gas producers with gas-consuming consumers. These pipes convey natural gas from its point of origin to its location of distribution.

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