Press release
Key players in the Virtual pipeline systems market include General Electric, Hexagon Composites ASA, Luxfer Holdings PLC, Galileo Technologies S.A.
Virtual pipeline systems are arranged shipments of gas from one point to another, either overland in containers by rail or road, or by water, in ocean-going or coastal tankers and barges. Virtual pipeline systems supply natural gas to industries that are either too geographically challenging to justify an investment in pipeline construction or too small for normal LNG large-scale carriers. Virtual pipeline systems supply natural gas to industries, electricity generation plants, and commercial & residential customers almost anywhere that are accessible by road or sea. According to the research report, the global virtual pipeline systems market is likely to be worth US$1,821.3 mn by the end of 2025 from US$1,070.0 mn in 2016. Between the forecast years of 2017 and 2025, the global market is expected to surge at a CAGR of 6.2%.Get The Sample Report : https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=28388
virtual pipeline systems market
Industrial Segment to Lead the Way with Varying Applications
The virtual pipeline systems market has been segmented on the basis of application and region. By application, the virtual pipeline systems market has been segregated into industrial, transportation, and commercial & residential. In terms of revenue, the industrial segment constituted more than 50% market share in 2016. It is further divided into sectors such as fertilizers, power generation, and other sectors that consistently in need of natural gas for smooth operations. On the other hand, the transportation segment includes automobiles, which use natural gas. The demand for natural gas-run automobiles is expected to remain are high as regulations regarding emissions are getting stricter. Implementation of government norms and laws to cut down greenhouse gases is projected to have positive impact on this segment in the forthcoming years. The commercial and residential segment require natural gas for cooling, space heating, and small scale power generation.
In terms of region, the virtual pipeline systems market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In 2016, North America dominated the virtual pipeline systems market with more than 40% share and is expected to follow the same trend during the forecast period. Asia Pacific is expected to follow this dominance closely in the coming years as China’s economy gains momentum. The sprawling network of virtual pipelines across the country due to extensive network of CNG stations are expected to put Asia Pacific virtual pipeline systems on the map.
Browse The Report : https://www.transparencymarketresearch.com/virtual-pipeline-system-market.html
Developing Economies to Positively Influence Global Market as Demand for Cleaner Fuels Remains High
Furthermore, as developing countries such as Japan, India, and China work towards achieving a cleaner environment, they are likely to be key users of natural gas. This emerging trend is expected to help Asia Pacific expand at a significant rate during the forecast period. The growing inclination toward using cleaner alternatives than fossil fuels is expected to play an important role in the growth of the regional market. The rising investments in natural gas in the developing economies of Asia Pacific is also expected to have a major influence on the overall market.
Key players in the virtual pipeline systems market are expected to benefit from the formation of strategic alliances with midstream companies. Key players in the Virtual pipeline systems market include General Electric, Hexagon Composites ASA, Luxfer Holdings PLC, Galileo Technologies S.A., Pentagon Energy LLC, LightSail Energy, Cimarron Composites, SUB161°, Xpress Natural Gas LLC, NG Advantage LLC, Compass Natural Gas, Broadwind Energy, Inc., REV LNG, LLC, Global Partners LP and others.
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Key players in the Virtual pipeline systems market include General Electric, Hexagon Composites ASA, Luxfer Holdings PLC, Galileo Technologies S.A. here
News-ID: 1349031 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Asia
Asia Private Equity Firm, Asia Private Equity Management, Asia Private Equity Se …
The private equity market in China has been rapidly growing in recent years. Private equity (PE) refers to the purchase of shares in a company that are not publicly traded on a stock exchange. PE firms typically target companies that are undervalued or in need of capital for growth, and aim to improve the company's operations and financial performance before selling it at a higher value.
https://boomingfaucet.com/
Asia Private Equity Consulting
E-mail:nolan@pandacuads.com
In China,…
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…
