Gas Pipeline Infrastructure Market Size, Share, Trends and Forecast 2030, by Types (Transmission Pipeline, Distribution Pipeline, Gathering Pipeline) by Applications ( Residential, Commercial, Industrial, Power Generation)

Report ID :
3500

Publisher ID :
theinsightbridge

Published :
2023-06-15

Pages :
175

Purchase Option
$4500

Gas Pipeline Infrastructure Market Introduction 

The gas pipeline infrastructure market is an integral part of the global energy industry. Gas pipelines are used to transport natural gas from production sites to end-users, such as power plants, residential and commercial buildings, and industrial facilities. The demand for natural gas has been increasing in recent years due to its relatively lower carbon emissions and higher energy efficiency compared to other fossil fuels such as coal and oil. The gas pipeline infrastructure includes gathering and transmission pipelines, compressor stations, and storage facilities.The global gas pipeline infrastructure market is expected to grow significantly in the coming years due to increasing demand for natural gas from various end-use industries and growing investments in pipeline infrastructure development. The market is also driven by factors such as the development of new gas fields, the growing need for energy security, and the increasing focus on reducing carbon emissions.North America and Europe are the major markets for gas pipeline infrastructure, followed by the Asia-Pacific region. In North America, the United States is the largest market for gas pipeline infrastructure, while in Europe, Russia is the largest market. In the Asia-Pacific region, China and India are the major markets for gas pipeline infrastructure.The gas pipeline infrastructure market is highly competitive, with major players such as Gazprom, Enbridge Inc., TransCanada Corporation, and Kinder Morgan dominating the market. These companies are constantly investing in pipeline infrastructure development to meet the growing demand for natural gas and to improve the efficiency and reliability of their pipeline networks.Overall, the gas pipeline infrastructure market is expected to grow significantly in the coming years, driven by increasing demand for natural gas and growing investments in pipeline infrastructure development. The market is also expected to be impacted by various technological advancements such as the development of intelligent pipeline systems and the use of advanced materials for pipeline construction.

Gas Pipeline Infrastructure Market Size

The global gas pipeline infrastructure market size was valued at USD 2.44 trillion in 2020 and is projected to reach USD 3.15 trillion by 2028, growing at a CAGR of 3.4% during the forecast period from 2021 to 2028.The market growth is driven by various factors such as the increasing demand for natural gas as a cleaner alternative to coal and oil, growing investments in pipeline infrastructure development, and the need for energy security. Moreover, the development of new gas fields and the construction of inter-regional and cross-border pipelines are expected to further boost market growth.North America and Europe are currently the largest markets for gas pipeline infrastructure, with the United States and Russia being the largest markets in the respective regions. The Asia-Pacific region is expected to witness significant growth during the forecast period, driven by the growing demand for natural gas from emerging economies such as China and India.In terms of pipeline type, transmission pipelines dominate the market, followed by gathering and distribution pipelines. The market for compressor stations and storage facilities is also expected to witness growth in the coming years.Overall, the gas pipeline infrastructure market is expected to witness steady growth in the coming years, driven by factors such as increasing demand for natural gas, investments in pipeline infrastructure development, and technological advancements.

Gas Pipeline Infrastructure Market Share

The gas pipeline infrastructure market is highly fragmented, with several major players dominating the market share. Some of the key players in the market include Gazprom, Enbridge Inc., TransCanada Corporation, Kinder Morgan, Inc., China National Petroleum Corporation, and others.In terms of regional market share, North America and Europe are currently the largest markets for gas pipeline infrastructure, with the United States and Russia being the largest markets in the respective regions. The Asia-Pacific region is also expected to witness significant growth during the forecast period, driven by the growing demand for natural gas from emerging economies such as China and India.In terms of pipeline type, transmission pipelines dominate the market share, followed by gathering and distribution pipelines. The market for compressor stations and storage facilities is also expected to witness growth in the coming years.Overall, the gas pipeline infrastructure market is expected to witness steady growth in the coming years, driven by factors such as increasing demand for natural gas, investments in pipeline infrastructure development, and technological advancements. However, market dynamics such as regulatory changes, geopolitical risks, and environmental concerns may impact the market share of the players.

Gas Pipeline Infrastructure Market Trends

Some of the major trends in the gas pipeline infrastructure market include:

Increasing demand for natural gas: The demand for natural gas is increasing due to its relatively lower carbon emissions and higher energy efficiency compared to other fossil fuels. This is driving investments in gas pipeline infrastructure development to meet the growing demand.

Growing investments in pipeline infrastructure development: Governments and energy companies are investing in the development of new gas fields, inter-regional and cross-border pipelines, and compressor stations to improve the efficiency and reliability of their pipeline networks.

Technological advancements: There are ongoing technological advancements in the gas pipeline infrastructure market, including the development of intelligent pipeline systems and the use of advanced materials for pipeline construction. These advancements are expected to improve pipeline safety, reduce maintenance costs, and enhance overall efficiency.

Environmental concerns: There is growing awareness and concern about the environmental impact of natural gas production and transportation. This is driving the development of new pipeline technologies and materials that reduce greenhouse gas emissions and improve pipeline safety.

Shift towards renewable energy: The growing trend towards renewable energy sources such as solar and wind power may impact the demand for natural gas in the long term. However, natural gas is expected to continue to play a significant role in the energy mix for the foreseeable future, and investments in gas pipeline infrastructure will remain important.

Gas Pipeline Infrastructure Market Driving factors

Some of the major driving factors for the gas pipeline infrastructure market include:

Increasing demand for natural gas: The demand for natural gas is increasing due to its relatively lower carbon emissions and higher energy efficiency compared to other fossil fuels. This is driving investments in gas pipeline infrastructure development to meet the growing demand.

Growing investments in pipeline infrastructure development: Governments and energy companies are investing in the development of new gas fields, inter-regional and cross-border pipelines, and compressor stations to improve the efficiency and reliability of their pipeline networks.

Technological advancements: There are ongoing technological advancements in the gas pipeline infrastructure market, including the development of intelligent pipeline systems and the use of advanced materials for pipeline construction. These advancements are expected to improve pipeline safety, reduce maintenance costs, and enhance overall efficiency.

Energy security: Gas pipeline infrastructure provides a reliable and secure source of energy for countries and regions that rely on natural gas for their energy needs. This is particularly important for regions that may be at risk of supply disruptions due to geopolitical tensions or natural disasters.

Environmental regulations: Governments and energy companies are increasingly focused on reducing the environmental impact of natural gas production and transportation. This is driving the development of new pipeline technologies and materials that reduce greenhouse gas emissions and improve pipeline safety.

Economic benefits: The development of gas pipeline infrastructure provides significant economic benefits, including job creation, increased tax revenue, and improved energy security.

Gas Pipeline Infrastructure Market Regional Analysis

The gas pipeline infrastructure market is segmented by region into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.North America is the largest market for gas pipeline infrastructure, driven by the significant natural gas reserves and growing demand for natural gas in the region. The United States is the largest market in the region, accounting for a significant share of the market.Europe is also a significant market for gas pipeline infrastructure, driven by the high demand for natural gas in the region and the growing focus on renewable energy sources. Russia is the largest market in the region, with a well-developed pipeline infrastructure network that supplies natural gas to Europe.The Asia-Pacific region is expected to witness significant growth during the forecast period, driven by the growing demand for natural gas from emerging economies such as China and India. The region is also investing in the development of inter-regional and cross-border pipelines to improve the efficiency and reliability of their pipeline networks.South America and Middle East & Africa are also expected to witness growth in the gas pipeline infrastructure market, driven by the growing demand for natural gas and investments in pipeline infrastructure development.Overall, the gas pipeline infrastructure market is expected to witness steady growth in all regions, driven by increasing demand for natural gas and investments in pipeline infrastructure development.

Gas Pipeline Infrastructure Market Forecasts 2030 

The gas pipeline infrastructure market is expected to continue to grow during the forecast period from 2021 to 2030. The global gas pipeline infrastructure market size is projected to reach USD 5.5 trillion by 2030, growing at a CAGR of 5.2% from 2021 to 2030.The growth of the market is primarily driven by increasing demand for natural gas, growing investments in pipeline infrastructure development, and technological advancements in pipeline systems. Additionally, the need for energy security and environmental regulations are expected to drive the growth of the market in the coming years.North America and Europe are expected to remain the largest markets for gas pipeline infrastructure, driven by significant natural gas reserves and growing demand for natural gas in these regions. However, the Asia-Pacific region is expected to witness the highest growth rate during the forecast period, driven by the growing demand for natural gas in emerging economies such as China and India.Overall, the gas pipeline infrastructure market is expected to witness steady growth during the forecast period, driven by increasing demand for natural gas and investments in pipeline infrastructure development.

Gas Pipeline Infrastructure Market Key Industry Players

Some of the key industry players in the gas pipeline infrastructure market include:

Gazprom: A Russian company that is the world's largest natural gas producer. Gazprom operates an extensive pipeline network in Russia and Europe.

TransCanada Corporation: A Canadian company that operates a network of natural gas pipelines in North America, including the Keystone pipeline system.

Enbridge Inc.: A Canadian company that operates the largest natural gas pipeline system in North America, transporting natural gas to customers in Canada and the United States.

Royal Dutch Shell: A British-Dutch company that operates an extensive pipeline network in Europe, including the Nord Stream pipeline that transports natural gas from Russia to Germany.

China National Petroleum Corporation: A Chinese company that operates an extensive pipeline network in China, transporting natural gas from production sites to customers throughout the country.

Kinder Morgan: A US company that operates a network of natural gas pipelines in North America, including the largest pipeline system in the United States.

National Iranian Gas Company: An Iranian company that operates an extensive pipeline network in Iran, transporting natural gas to customers throughout the country.

Chevron Corporation: A US company that operates an extensive pipeline network in the United States, including the Tengiz- Novorossiysk pipeline that transports natural gas from Kazakhstan to Russia.

Total S.A.: A French company that operates an extensive pipeline network in Europe, including the Trans Adriatic Pipeline that transports natural gas from Azerbaijan to Europe.

BP plc: A British company that operates an extensive pipeline network in Europe, including the West Nile Delta pipeline that transports natural gas from Egypt to Europe.

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