Virtual Pipeline Market on Track for Strong Growth, Estimated to Grow at 5.6% CAGR Through 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Is the Expected CAGR for the Virtual Pipeline Market Through 2025?
The virtual pipeline market has expanded strongly, rising from $1.7 billion in 2024 to $1.79 billion in 2025 at a CAGR of 5.5%.

What's the Projected Size of the Global Virtual Pipeline Market by 2029?
In the upcoming years, the virtual pipeline market is set to expect robust growth, expanding up to $2.23 billion by 2029 with a 5.6% CAGR. The predicted growth could be linked to the rise in urban development, industrial sector expansion, increased incorporation of renewable energy, escalated investments in energy infrastructure and a heightened focus on the reduction of carbon emissions. Some emerging trends within this period are entrance into new markets, advances in technology, integration with renewable energy, support from regulations and standards, partnerships and coalitions, emphasis on safety and environmental compliance, demand from off-grid and remote markets, economic feasibility and cost competitiveness, as well as heightened focus on sustainability.

View the full report here:
https://www.thebusinessresearchcompany.com/report/virtual-pipeline-global-market-report

Top Growth Drivers in the Virtual Pipeline Industry: What's Accelerating the Market?
The virtual pipeline market anticipates growth due to the rising need for natural gas. Natural gas, primarily consisting of methane and found underground, is often utilized as a fuel source in heating, cooking, producing electricity and transport. The escalating demand for it can be attributed to its status as a fossil fuel with cleaner burn, its flexibility in power generation, industrial workings, and heating, and its potential as a transitional fuel in the global push towards energy sources with lower carbon contents. Virtual pipelines are a primary method of transporting natural gas where traditional pipeline infrastructure is either unattainable, economically unviable, or incapable of meeting demand. As an illustration, during March 2023, data from the Energy Information Administration, a government agency from the US, stated that the US's average daily consumption of natural gas in 2022 had reached an unprecedented high of 88.5 billion cubic feet per day, marking a rise of 5% from 2021, and the consumption of natural gas even hit 4.5 billion cubic feet daily (Bcf/d). Moreover, 38% of the total natural gas had been consumed by US end-user sectors in 2022. Hence, this rise in the demand for natural gas is fuelling the growth of the virtual pipeline market.

Get your free sample here:
#Claim Your Free Sample Report:#

What Trends Will Shape the Virtual Pipeline Market Through 2029 and Beyond?
Leading businesses in the virtual pipeline market are investing in technological advancements and are forming alliances with energy firms to develop virtual pipeline trailers for conducting natural gas and hydrogen transport systems. This is particularly crucial for meeting the growing energy demands in isolated and industrial regions. Virtual pipeline trailers serve as specialised transportation mechanisms designed for carrying compressed natural gas (CNG) or liquefied natural gas (LNG) from one place to another, a solution that is especially pertinent in locations where traditional pipeline infrastructures are absent or inefficient. For example, Quantum Fuel Systems LLC, an alternative energy company based in the U.S, inked a significant deal with Certarus Ltd., a green energy supplier from Canada, in May 2022 to procure virtual pipeline trailers for transporting natural gas. Certarus subsequently placed an additional order for Quantum's VPLite45/40' trailers which are expected to be delivered in the third and fourth quarters of 2022. These trailers can carry a gaseous cargo of nearly 472,000 standard cubic feet and have a full load weight under 59,000 pounds. Having received certification for usage both in the U.S. and Canada, the VPLite45/40' trailers have proven to be a top choice across the industry, especially for clients needing a compact, lightweight trailer that allows exceptional navigability in constrained spaces while delivering the highest gas capacity in a 40-foot container.

What Are the Main Segments in the Virtual Pipeline Market?
The virtual pipeline market covered in this report is segmented -

1) By Fuel Type: Compressed Natural Gas (CNG), Liquefied Natural Gas (LNG), Other Fuel Types
2) By Mode Of Transport: Truck, Barge, Rail, Ship
3) By End-Use: Commercial, Industrial, Transportation

Subsegments:
1) By Compressed Natural Gas (CNG): Onsite CNG Compression, CNG Transportation And Distribution, CNG For Industrial And Commercial Use
2) By Liquefied Natural Gas (LNG): Small-Scale LNG, LNG Transportation And Distribution,LNG For Heavy-Duty Transport And Shipping
3) By Other Fuel Types: Hydrogen, Biogas, Propane, Synthetic Natural Gas (SNG)

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=15293&type=smp

Which Top Companies are Driving Growth in the Virtual Pipeline Market?
Major companies operating in the virtual pipeline market report are Eni S.p.A.; National Petroleum Limited (Petronas); General Electric Company; Compass Natural Gas Partners LP (CNGP); Baker Hughes Company; Kinder Morgan Inc.; Wärtsilä Corporation; Snam S.p.A.; LightSail Energy Inc.; Hexagon Composites ASA; Broadwind Inc.; Pentagon Energy LLC; Certarus Ltd.; SENER Grupo de Ingeniería S.A.; Stabilis Solutions Inc.; FIBA Technologies Inc.; Galileo Technologies S.A.; Gas Malaysia Berhad; NG Advantage LLC; Cobey Inc.; REV LNG LLC; OsComp Systems Inc.; CNG Services Limited; Xpress Natural Gas LLC; Marlin Gas Services Ltd.

Which Regions Will Dominate the Virtual Pipeline Market Through 2029?
North America was the largest region in the virtual pipeline market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual pipeline market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15293

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.