The main companies in the natural gas distribution market are Uniper, Centrica plc, Eni S. p. A., E. ON SE, Chubu Electric Power, Engie, Tokyo Gas, Polish Oil and Gas Co (PGNiG) SA, OSAKA GAS CO and National Grid Plc.
New York, December 29, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Natural Gas Distribution Global Market Report 2022” – https://www.reportlinker.com/p06193687/?utm_source=GNW
The global natural gas distribution market is expected to grow from $ 818.70 billion in 2021 to $ 905.45 billion in 2022 at a compound annual growth rate (CAGR) of 10.6%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 1,320.13 billion in 2026 at a CAGR of 9.9%.
The natural gas distribution market includes sales of natural gas by entities (organizations, individual traders, and partnerships) that operate gas distribution systems (e.g. pipelines, meters), including gas traders who purchase gas from the well and sell it to a distribution system, gas brokers or agents who organize the sale of gas on gas distribution networks operated by third parties and establishments that transport and distribute gas to end consumers. Natural gas distribution is segmented into industrial and commercial natural gas distribution and domestic natural gas distribution.
The main types of natural gas distribution are industrial and commercial natural gas distribution, domestic natural gas distribution. Natural gas is one of the most efficient and non-polluting modern fuels for industrial and domestic use.
Natural gas has gradually increased in the energy basket of major countries due to its characteristic clean burning nature and availability through pipeline connection, eliminating the need for local storage and other transit requirements. The different types of operators include the public operator and the private operator.
Eastern Europe was the largest region in the natural gas distribution market in 2021. Asia-Pacific was the second largest region in the natural gas distribution market.
The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East & Africa.
Companies in the natural gas distribution industry are investing in robotic wireless pipeline leak detection systems for faster repair of leaks. Traditional detection systems are often slow.
New robotic technology can detect leaks at a faster rate and with high precision. Robotic devices use laser beams to detect potential leak points by analyzing the concentration of gas nearby.
This technology provides reliable results and a reduced amount of data to process during detection to seal gas leaks. For example, the A6 OMD robot, developed by SMP Robotics, is used to detect gas leaks from underground pipelines.
It uses GPS to frame a map to locate the gas leak for a pipeline of any length.
Companies in the natural gas distribution market use other modes of natural gas transportation for the delivery of natural gas by land. Natural gas is mainly transported by pipelines or by transport vessels.
However, companies are now exploring the use of railways for the delivery of natural gas. Transporting natural gas by rail could allow companies to extend its reach to remote industrial areas.
Following the trend, in 2019, the US Pipeline and Hazardous Materials Safety Administration approved New Fortress Energy’s plan to transport natural gas from Marcellus Shale in Pennsylvania by train approximately 175 miles to South Jersey, United States.
Countries covered in the report include Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UNITED ARAB EMIRATES; UK; UNITED STATES; Venezuela; Vietnam
Read the full report: https://www.reportlinker.com/p06193687/?utm_source=GNW
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