City Gas Distribution Market Size, Share, Growth Opportunity and Business Scenario 2020 to 2025

The report elaborates the complete details covering product definition, product type, and application. The report covers useful details which are categorized based on City Gas Distribution production region, major players, and product type which will provide a simplified view of the City Gas Distribution industry. The City Gas Distribution market report presents the competitive scenario of the major market players based on the sales revenue, customer demands, company profile, the business tactics used in City Gas Distribution market which will help the emerging market segments in making vital business decisions.

The global city gas distribution market is expected to grow at a CAGR of around 3.2%, during the forecast period.

City Gas Distribution Market Segmentation:
This report on Global City Gas Distribution market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the Global market for City Gas Distribution. Collecting historical and recent data from various authentic resources and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).

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Global City Gas Distribution market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Southern Co., Enel SpA, Enbridge Inc., Dominion Energy Inc., TC Energy Corporation, Kinder Morgan Inc, and Sempra Energy, amongst others.

Power Sector to Dominate the Market
- Natural gas, as a cleaner fuel than coal and oil, has become a prevalent fuel for electricity generation. In the 1970s and 1980s, the popularity of coal-powered plants was higher due to its low operating cost and unavailability of an alternative source of power generation. However, due to economic and technological developments, the natural gas-fired powered plant has become popular since 1990.
- Globally, gas-fired power generation increased by nearly 4% in 2018, with the United States and China as the major contributors. In 2018, gas-fired power plant took significant turns of nearly 30% growth in China, decreased by 7% in Europe due to renewables generation, and it rose by 28% in South Korea.
- The United States electricity generation from natural gas has increased by nearly 13% in 2018, from 1295 billion kilowatt-hours in 2017 and is the largest source of electricity generation with 35% market share.

Asia-Pacific to Dominate the Market
- Asia-Pacific region is more focusing on the cleaner version of fuels rather than just focusing on crude oil and its products. With the highest demand for natural gas in domestic and industrial uses, the market is most significant among all others.
- Asia-Pacific is expected to account for nearly 1000 billion cubic metres (bcm) of natural gas consumption by 2025, with the combination of high energy demand growth and low penetration of gas during 2018. With the consideration of urbanization trends, along with ongoing air pollution stability developments, Asia-Pacific is expected to have a dominant market during the forecasting period.
- China is expected to have increase in merger and acquisition activities in the gas sector, especially with oil major and energy companies. China new policy to develop its downstream gas business allows foreign players to participate in gas business of cities, with population more than 50,000. The inclusion of foreign players is expected to create stiff competition with the domestic players.

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This independent 120 pages report guarantees you will remain better informed than your competition. With over 80 tables and figures examining the City Gas Distribution market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2025.

Reasons to Purchase this Report
• Impact of low unit costs, diversified product ranges and intense competition on the market
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• Regional analysis of the market
• Identifying the latest developments, market shares, and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet (in Excel)

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This release was published on openPR.