Natural Gas Pipeline Transport Market Anticipated To Witness Robust Growth, Surpassing $24.84 Billion By 2029

The Natural Gas Pipeline Transport Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Natural Gas Pipeline Transport Market Size Expected to Be by 2034?
The market size of natural gas pipeline transportation has exhibited solid growth in the recent past. It is anticipated to expand from $18.85 billion in 2024 to reach $20.04 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%. The historical growth of the market can be associated with various factors such as increased energy needs and consumption, environmental concerns and the shift to clean energy, economic development and industrialization, governmental policy interventions and focus on energy stability, along with global trade and the involution of gas markets.

The market size of natural gas pipeline transport is anticipated to experience substantial growth in the forthcoming years, expanding to $24.84 billion by 2029, with a compound annual growth rate (CAGR) of 5.5%. The predicted growth within the forecast period is attributable to factors such as the incorporation of renewable energy and gas-to-power, the shift towards low-carbon energy platforms, investments in infrastructure and access to energy, rising demand from emerging markets for natural gas, as well as objectives for mitigating climate change and reducing emissions. Predominant trends during the forecast period encompass the integration of renewable gas sources, updating of antiquated pipeline infrastructure, regulatory backing for pipeline growth, a move towards long-distance and international pipelines, along with the inclusion of cybersecurity protocols.

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How Are Emerging Segments Shaping the Natural Gas Pipeline Transport Market Landscape?
The natural gas pipeline transport market covered in this report is segmented -

1) By Type: Gathering Pipeline, Transportation Pipeline, Distribution Pipeline
2) By Pipeline Component: Transmission Pipes, Compressor Stations, Metering Stations, Valves
3) By Application: Onshore, Offshore

Subsegments:
1) By Gathering Pipeline: Onshore Gathering Systems, Offshore Gathering Systems
2) By Transportation Pipeline: High-Pressure Transmission Pipelines, Interstate And Intrastate Pipelines
3) By Distribution Pipeline: Local Distribution Networks, Regulator Stations

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Which Growth Factors Are Influencing Natural Gas Pipeline Transport Market Expansion?
The surge in natural gas usage is projected to drive the expansion of the natural gas pipeline transport market. Natural gas, a type of fossil fuel, is derived from the remains of plants and animals. This gas is usually transported to its various markets via natural gas pipelines, often crossing provincial or international boundaries, to satisfy demand. As a result, the rise in natural gas consumption is likely to enhance the natural gas pipeline transport market. For example, as reported by the Energy Information Administration, the US Department of Energy's statistical agency, natural gas consumption in the US reached an all-time daily high of 141.0 billion cubic feet (bcf) in January 2023. Further, the use of natural gas in the electric power sector grew by 45% in December 2022. With these numbers in mind, it's clear that the growing consumption of natural gas is a significant factor in driving the natural gas pipeline transport market's growth.

Who Are the Dominant Players Across Different Natural Gas Pipeline Transport Market Segments?
Major companies operating in the natural gas pipeline transport market include Saipem SpA, Technip Energies NV, Enterprise Products Partners LP, Kinder Morgan Inc., Chevron Corporation, PetroChina Company Limited, China Petroleum & Chemical Corporation, Transneft PJSC, Enbridge Inc., Oneok Inc., Berkshire Hathaway Energy, Energy Transfer LP, Pembina Pipeline Corporation, Williams Companies Inc., TC Energy Corporation, Cheniere Energy Inc., Sempra Energy, National Grid plc, Antero Midstream Corporation, Crestwood Equity Partners LP, DCP Midstream LP, Targa Resources Corp., Boardwalk Pipeline Partners LP, MPLX LP, Plains All American Pipeline LP, Shell Midstream Partners LP, EnLink Midstream Partners LP, Summit Midstream Partners LP, NGL Energy Partners LP

What Are the Latest Developing Trends in the Natural Gas Pipeline Transport Market?
Technological progression is a dominant trend emerging in the natural gas pipeline transport market. Top-tier corporations within this market are implementing fresh technical methods to maintain their market standing. To illustrate, ABB Ltd., a company based in Switzerland that deals with digital technologies, unveiled Sensi+, an analyzing tool in December 2022. This tool aims to make pipeline operations and maintenance cheaper and more streamlined. Using a single device, it can accurately and instantly measure up to three contaminants (H2S, H2O, and CO2) in any natural gas course. ABB has included its AnalyzerExpert features in the Sensi+ analyzer to enable specialists to interpret insights and take action directly from the tool itself. Features such as self-diagnostics, automated laser line-locking, real-time cross-interference compensation, and health monitoring are part of its capabilities.

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Which Geographic Regions Are Expected to Dominate the Natural Gas Pipeline Transport Market in the Coming Years?
North America was the largest region in the natural gas pipeline market in 2024. Asia-Pacific is expected to be the fastest-growing region in the natural gas pipeline transport market report during the forecast period. The regions covered in the natural gas pipeline transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Natural Gas Pipeline Transport Market?
2. What is the CAGR expected in the Natural Gas Pipeline Transport Market?
3. What Are the Key Innovations Transforming the Natural Gas Pipeline Transport Industry?
4. Which Region Is Leading the Natural Gas Pipeline Transport Market?

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