Global Gas Pipeline Infrastructure Market Size By Application [Offshore and Onshore], By Operation [Distribution, Transmission], By Diameter [Less than 16 Inch, 17-24 Inch, 25-36 Inch, More than 36 Inch], By Equipment [Pipeline, Valves (Ball Valve, Plug Valve, Gate Valve), Compressor Station (Motors, Turbine), Metering Skids], By Region [North America, Europe, Asia Pacific, Middle East & Africa and Latin America], Forecast & Opportunities, 2020-2027

Market Overview

Global Gas Pipeline Infrastructure Market was registered at around USD 1.3 trillion in 2019 and it is expected to grow with a significant growth rate over the forecast period due to rising demand for clean energy and ongoing exploration of new gas reserves.

Gas pipeline infrastructure helps in transmission, distribution, storage of hydrocarbons. The gas is compressed to a desired pressure to facilitate a secured transport. Contaminants are removed using small gathering lines. 

The rising need for clean energy in the energy mix has accelerated the exploration of new shales gas reserves. Increasing hydrocarbon demand, up-gradation of existing gas infrastructure are some of the factors influencing the growth of the global gas pipeline infrastructure market.

However, the high initial cost is hindering the growth of the gas pipeline infrastructure market globally.

Market Segmentation

Global Gas Pipeline Infrastructure Market can be segmented into Application, Operation, Diameter, Equipment, and Region.

By Application, Global Gas Pipeline Infrastructure Market can be segmented into Offshore and Onshore. The offshore segment accounts for the largest market share due to increasing oil & gas development projects. The onshore segment is expected to grow significantly during the forecasted period of 2020-27 due to the ongoing refurbishment of the existing pipeline network.

By Operation, Global Gas Pipeline Infrastructure Market can be segmented into Distribution, Transmission. The transmission segment is expected to grow significantly during the forecasted period of 2020-27 due to growing international and interstate trade.

By Diameter, Global Gas Pipeline Infrastructure Market can be segmented into Less than 16 Inch, 17-24 Inch, 25-36 Inch, More than 36 Inch. The 25-36 Inch diameter segment is expected to grow significantly during the forecasted period of 2020-27 due to increasing trade between states and high demand for energy. 

By Equipment, Global Gas Pipeline Infrastructure Market can be segmented into Pipeline, Valves (Ball Valve, Plug Valve, Gate Valve), Compressor Station (Motors, Turbine), Metering Skids. The Gas compressor stations are expected to grow significantly during the forecasted period due to the requirements of gas compression across long-distance transmission involving varied geographical features and weather patterns. 

By Region, Global Gas Pipeline Infrastructure Market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. 

Regional Analysis

Regionally, Middle east Gas Pipeline Infrastructure Market holds the largest market share due to the presence of large energy reserves and leading gas companies in this region.

North America Gas Pipeline Infrastructure Market is expected to grow significantly due to the rapid growth of US gas pipeline infrastructure. Ongoing up-gradation of gas infrastructures and rising gas consumers is likely to contribute to the growth of the market in this region.

Competitor Analysis

The key market players in Global Gas Pipeline Infrastructure Market are Europipe GmbH, Enbridge Inc., Gazprom, CRC Evans Pipeline International, APA Group, General Electric, Redexis Gas, Snam Rete Gas, Saipem S.p.A., MRC Global, Technip S.A., Chelpipe, Engas, GAIL (India) Limited, DCP Midstream, National Oilwell Varco, Welspun Corporation, Perusahaan Gas Negara.