Press release
Shale Gas Market Size Is Set To Fly High In Years To Come
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Moreover, advanced technologies such as hydraulic fracturing & horizontal drilling are used in the extraction of shale gas; this drives the growth of shale gas in the United States and frees the country from dependence on other natural gas resources. Top players are adopting acquisition, joint ventures, partnerships and collaborations as major developmental strategies to help expand their global reach, and improve their services, thereby enabling them to penetrate the global shale gas market. For instance, Baker Hughes has acquired BJ Services to diversify their international pressure pumping business. The acquisition has helped the company to broaden its portfolio by enhancing the technologies used in the exploration of unconventional gas and deepwater fields. Also, Anadarko have signed an agreement with FMC Technologies to develop new generation subsea production equipment and systems.
There is a growing tendency among the companies to enter into the most potential market as the demand for shale as a natural gas would increase in future. As a substantial number of shale reserves are available across various regions, shale gas production enables companies to capture value from the market. The ability of shale gas to burn cleaner than other fossil fuels such as coal has encouraged its adoption in various industries; Shale gas is therefore gaining prominence as a cutting edge resource that could be a game changer for various countries as well as industries.
The global market is segmented based on technologies used in extraction of shale gas, its various applications and geography. Geographically, the market is segmented into different regions such as North America, Europe, Asia Pacific and LAMEA. The rising production of shale gas in the North America is impacting the global production as it is the only region generating highest revenue for the global shale gas market. Moreover, Asia-Pacific and European region has tremendous potential to grow as a significant number of reserves are untapped in these countries.
Global Shale Gas Market
KEY BENEFITS
The study provides an in-depth analysis of the global shale gas market with current and future trends to elucidate the imminent investment pockets in the market
Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market
Quantitative analysis of the current market and estimations through 2013-2020 are provided to showcase the financial caliber of the market
Drivers and opportunities are evaluated to highlight the top factors responsible for market growth. Various segments are carefully evaluated to gauge the potential of the market
Porters Five Forces model and SWOT analysis of the industry illustrates the potency of the buyers & suppliers participating in the market
Value chain analysis in the report provides a clear understanding of the roles of stakeholder involved in the value chain
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KEY DELIVERABLES
The global shale gas market is categorized based on technology, applications and geography.
KEY MARKET SEGMENTS
MARKET BY TECHNOLOGY
Horizontal Drilling
Hydraulic Fracturing
Water Usage
MAKRET BY APPLICATION
Power generation
Industrial
Commercial
Residential
Transportation
MARKET BY GEOGRAPHY
North America
U.S.
Canada
Europe
U.K.
Poland
Asia-Pacific
China
Indonesia
RoW
Algeria
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