Global Virtual Pipelines Market segmented by Fuel Type (CNG, LNG), by Mode of Transport (Truck, barge, rail, ship), by End-Use (residential, commercial, industrial), and Region (North America, Europe, APAC, RoW).
Get Free Sample “Virtual Pipelines Market 2019 Report” at: https://www.marketresearchfuture.com/sample_request/6178
Virtual Pipelines Industry Leading Players Analyzed are:
GE Oil and Gas (U.S.), Kinder Morgan (U.S.), SUB161° (Australia), Eniday (Italy), Galileo Technologies S.A. (Argentina), and CNG Services Limited (U.K). SENER Group (Spain), Pentagon Energy LLC (U.S.), Xpress Natural Gas LLC (U.S.), OsComp Holdings LLC (U.S.), NG Advantage LLC (U.S.), and REV LNG LLC (U.S.)
Global Virtual Pipelines Market Highlights:
Global Virtual Pipelines Market growth is attributed to factors such as include growing production of natural gas, inefficiency and obsolescence of existing infrastructure, growing number of regasification and liquefaction terminals, emerging markets as net exporters and importers of natural gas, strict application of environmental emission control norms, growing requirement for reliable and flexible pipeline network for augmenting physical pipeline networks, flexible virtual networks which use port shipments, road and rail, and growing need for renewable sources of energy.
On the contrary, high risk of transporting natural gas from source to end users in isolated regions is predicted to hamper the growth of the virtual pipelines market.
The global virtual pipelines market is projected to expand at a promising 7.5% CAGR over the estimated years (2018-2023). Virtual pipelines are an alternative to conventional pipelines, which means there will be no pipe to connect the user and the source of the specific liquid, slurry or gas which is being conveyed. It replicates the constant flow of energy through transportation logistics utilizing ships or trucks. The various benefits of using virtual pipelines include reduced capital expenditure, reduced investment risk, quicker pipeline extension and implementation, decreased maintenance costs, increased flexibility, readily scalable solution and improved control over supply chain. Virtual pipelines have wide application including asphalt plants, biomethane transportation and CNG supply.
Market Segments Analysis:
MRFR report offers a broad segmental analysis of the virtual pipelines market on the basis of type, mode of transportation and end-uses.
Based on fuel-type, it is segmented into LNG and CNG. Of these, CNG will have the maximum share in the market over the estimated years owing to growing demand from liquefaction terminals coupled with growing production of natural gas.
Based on the mode of transport, the virtual pipelines market is segmented into ship, rail, barge and truck. Of these, ship segment will dominate the market over the estimated years owing to growing net imports for natural gas especially from developing nations. The total gas imports in 2017 increased by 5.1% compared to 2016.
Based on end-use, it is segmented into industrial, commercial and residential. Of these, industrial will dominate the market over the estimated years due to expanding fertilizers industry and increased generation of power from natural gas.
Regional Analysis:
By region, the virtual pipelines market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Rest of the World. Of these, the virtual pipelines market in the European region will have a mammoth share over the estimated years. Factors that are contributing to the market demand in this region include growing need for natural gas for heating spaces and power generation. This region demands improved gas transportation facilities with the current pipelines getting obsolete and needing high prices for improvement and maintenance.
The virtual pipelines market in the APAC region will grow at the fastest pace as the natural gas’ net importers are the region’s developing nations. In 2017, China was the highest consumer of natural gas and this consumption is predicted to expand with urbanization and industrialization projects. Emerging markets here namely Pakistan and Indonesia too are witnessing growing demand for natural gas that is boosting up the opportunities in the APAC region for virtual pipelines.
Industry News:
Oct 2018- NNPC (Nigerian National Petroleum Corporation) has entered an agreement with a private firm for virtual gas pipeline network activation for generation of power for optimization of the vast gas resources in the nation. Nigeria has considerably augmented the supply of domestic gas and reformed the commercial basis for gas via reviewing the price of domestic gas to export parity as well as developed cutting-edge standardized agreements of gas supply.
Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
Continued…
List Of Tables:
TABLE 1 GLOBAL VIRTUAL PIPELINES MARKET: BY REGION, 2018-2023
TABLE 2 NORTH AMERICA VIRTUAL PIPELINES MARKET: BY COUNTRY, 2018-2023
TABLE 3 EUROPE VIRTUAL PIPELINES MARKET: BY COUNTRY, 2018-2023
TABLE 4 ASIA PACIFIC VIRTUAL PIPELINES MARKET: BY COUNTRY, 2018-2023
TABLE 5 ROW VIRTUAL PIPELINES MARKET: BY COUNTRY, 2018-2023
Continued…
List Of Figures:
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGUR 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
Continued…
Browse Complete Report At: https://www.marketresearchfuture.com/reports/virtual-pipelines-market-6178
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/virtual-pipelines-market-6178