North America Gas Pipeline Infrastructure Market Forecast to 2030
North America Gas Pipeline Infrastructure Market Forecast to 2030 – Regional Analysis – by Operation (Transmission and Distribution), Equipment (Pipeline, Compressor Station, Metering Skids, and Others), and Application (Onshore and Offshore)
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Description
Growing Developments in the Offshore Gas Industry Fuel North America Gas Pipeline Infrastructure Market
Investment and focus on offshore gas pipeline infrastructure development are growing across the globe. For instance, in 2023, Trinidad and Tobago were given permission by the Biden administration to exploit a significant gas field situated in the Venezuelan territorial seas. Thus, growing investment for the development of offshore gas pipeline infrastructure is anticipated to fuel the growth of the gas pipeline infrastructure market during the forecast period.
North America Gas Pipeline Infrastructure Market Overview
North America is one of the leading gas exporters. The mounting demand for energy and the growing application of natural gas are boosting the market development of gas pipeline infrastructure in North America. In 2022, the US showcased the highest natural gas production capacity, followed by Canada and Mexico. Ixachi, Coulomb Phase 2, Quesqui, Nejo (IEPC), Leo, May, Koban, and Powerball are a few of the natural gas-producing fields in North America. The Ixachi plant is in Veracruz, Mexico, and it produced 618.09mmcfd (million cubic feet per day) in 2022. The Coulomb Phase 2 field is owned by Shell and located in the Central Planning Area, the US. The field produced 72.72mmcfd in 2022. Quesqui Field is in Tabasco, Mexico, and is operated by Petroleos Mexicanos. The field produced 485mmcfd in 2022. Also, the growing number of government initiatives and funding for the development of gas pipeline infrastructure is anticipated to boost the market for gas pipeline infrastructure over the forecast period. The natural gas pipeline network in the US is a substantially integrated network that transmits natural gas across the region. The pipeline infrastructure has ~3 million miles of mainline and other pipelines that connect natural gas production sites and storage facilities with primary consumers. In 2021, this natural gas transmission network carried approximately 27.6 trillion cubic feet of natural gas to ~77.7 million consumers. The US Gulf Coast is expected to register significant growth in prime gas infrastructure with over 20 LNG terminal projects and over 2,200 km of proposed or in-construction pipeline over the forecast period. Furthermore, during the Russia-Ukraine war, many countries discontinued their respective operations with Russian oil & gas businesses, which resulted in a shift of gas importers from Russia to the US. The following rise in demand of gas further augmented gas production operations across the US, which fuels the gas pipeline infrastructure market growth in the US.
North America Gas Pipeline Infrastructure Market Revenue and Forecast to 2030 (US$ Billion)
North America Gas Pipeline Infrastructure Market Segmentation
The North America gas pipeline infrastructure market is segmented into operation, equipment, application, and country.
Based on operation, the North America gas pipeline infrastructure market is bifurcated into transmission and distribution. The distribution segment held a larger share of North America gas pipeline infrastructure market in 2022.
In terms of equipment, the North America gas pipeline infrastructure market is categorized into pipeline, compressor station, metering skids, and valves. The pipeline segment held the largest share of North America gas pipeline infrastructure market in 2022.
Based on application, the North America gas pipeline infrastructure market is bifurcated into onshore and offshore. The onshore segment held a larger share of North America gas pipeline infrastructure market in 2022.
Based on country, the North America gas pipeline infrastructure market is segmented into the US, Canada, and Mexico. The US dominated the North America gas pipeline infrastructure market in 2022.
Enbridge Inc, TC Energy Corp, Berkshire Hathaway Inc, Kinder Morgan Inc, and Pembina Pipeline Corp are some of the leading companies operating in the North America gas pipeline infrastructure market.
Summary Info
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According to the Research Team research, the North America gas pipeline infrastructure market was valued at US$ 21,084.52 billion in 2022 and is expected to reach US$ 27,641.34 billion by 2030, registering a CAGR of 3.4% from 2022 to 2030. Rise in demand for natural gas and increase in energy demand are among the critical factors attributed to the North America gas pipeline infrastructure market expansion.
The increasing demand for natural gas for power generation, heating, cooking, and transportation is boosting the demand for natural gas. The versatile application of natural gas leads to growing share of natural gas within energy portfolios. Natural gas is one of the foremost energy sources as it is the least polluting of the fossil fuels. Natural gas is key for fabricating fertilizers, chemicals, and hydrogen. Natural gas is also preferred as an alternative for many household applications, for instance, heating or water heating. Gas-powered models for air conditioning also require natural gas for operation. Further, the usage of natural gas is also important in the commercial sector. Natural gas is employed in manufacturing paper, bricks, glass, steel, and iron as a cheap alternative to other gases. The increasing preference for high-capacity and cheap energy resources is boosting the application of natural gas. The augmented demand for natural gas requires adequate accumulation of natural gas, which drives the need for proper gas pipeline infrastructure. According to the Gas Exporting Countries Forum’s Global Gas Outlook 2050, demand for natural gas is expected to increase globally by 34%, from 4,015 billion cubic meters in 2022 to 5,360 billion cubic meters in 2050. In addition, natural gas production and demand are anticipated to rise in the US in 2023 and 2024, as per the US Energy Information Administration. Natural gas production is anticipated to reach 103.68 billion cubic feet per day in 2023 and 105.12 billion cubic feet per day by 2024, rising from 99.60 billion cubic feet per day in 2022. Thus, the rise in demand for natural gas drives the gas pipeline infrastructure market.
On the contrary, rapid expansion or investment towards renewable power generation from solar and wind hampers the growth of North America gas pipeline infrastructure market.
Based on operation, the North America gas pipeline infrastructure market is bifurcated into transmission and distribution. The distribution segment held 83.2% share of North America gas pipeline infrastructure market in 2022, amassing US$ 17,547.18 billion. It is projected to garner US$ 22,968.80 billion by 2030 to expand at 3.4% CAGR during 2022-2030.
In terms of equipment, the North America gas pipeline infrastructure market is categorized into pipeline, compressor station, metering skids, and valves. The pipeline segment held 51.7% share of North America gas pipeline infrastructure market in 2022, amassing US$ 10,892.06 billion. It is projected to garner US$ 14,482.79 billion by 2030 to expand at 3.6% CAGR during 2022-2030.
Based on application, the North America gas pipeline infrastructure market is bifurcated into onshore and offshore. The onshore segment held 78.1% share of North America gas pipeline infrastructure market in 2022, amassing US$ 16,470.02 billion. It is projected to garner US$ 21,443.22 billion by 2030 to expand at 3.4% CAGR during 2022-2030.
By country, the North America gas pipeline infrastructure market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 85.7% share of North America gas pipeline infrastructure market in 2022. It was assessed at US$ 18,064.47 billion in 2022 and is likely to hit US$ 23,662.02 billion by 2030, exhibiting a CAGR of 3.4% during 2022-2030.
Key players operating in the North America gas pipeline infrastructure market are Enbridge Inc, TC Energy Corp, Berkshire Hathaway Inc, Kinder Morgan Inc, Pembina Pipeline Corp, among others.
In November-2023, Enbridge Inc finalized a deal to invest 50% of its joint venture with EDF Renewables to take part in the development and management of the Fox Squirrel solar project.
In August-2022, A strategic agreement has been agreed upon by TC Energy Corp and the CFE, the state-owned electric utility in Mexico, with the aim of expediting the development of natural gas infrastructure in the central and southeast parts of the country. In connection with the natural gas pipeline assets in central Mexico, TC Energy and the CFE have decided to combine earlier take-or-pay agreements (TSAs) underwritten by TC Energy’s Mexico-based subsidiary TGNH and the CFE into a single, take-or-pay agreement priced in US dollars that would run through 2055. Related new infrastructure projects that are being planned in collaboration with the CFE will also be governed by this new TSA.
In July-2023, Kinder Morgan and Howard Energy Partners expanded their Eagle Ford natural gas transportation systems. Tejas is constructing a 67-mile pipeline and Dos Caminos is constructing a 62-mile pipeline. The projects are expected to be completed in Q4 2023 and deliver up to 2 billion cubic feet per day of natural gas to U.S. Gulf Coast markets. The $251 million expansion project is a critical supply link for power generators, industrial customers, and LNG exporters along the Texas intrastate pipeline network.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the North America gas pipeline infrastructure market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America gas pipeline infrastructure market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Gas Pipeline Infrastructure Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Production
4.2.2 Transmission
4.2.3 Distribution
4.2.4 End User
5. North America Gas Pipeline Infrastructure Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rise in Demand for Natural Gas
5.1.2 Cost-Effectiveness Over Long Distances
5.2 Market Restraints
5.2.1 Rapid Expansion or Investment towards Renewable Power Generation from Solar and Wind
5.3 Market Opportunities
5.3.1 Rise in Shale Gas Production in North America
5.3.2 Integration with Renewable Energy
5.4 Market Trends
5.4.1 Growing Developments in the Offshore Gas Industry
5.5 Impact of Drivers and Restraints:
6. Gas Pipeline Infrastructure Market – North America Market Analysis
6.1 Gas Pipeline Infrastructure Market Revenue (US$ Billion), 2020- 2030
6.2 Gas Pipeline Infrastructure Market Forecast and Analysis
7. North America Gas Pipeline Infrastructure Market Analysis – Operation
7.1 Overview
7.2 Gas Pipeline Infrastructure Market, By Operation (2022 and 2030)
7.3 Transmission
7.3.1 Overview
7.3.2 Transmission Market, Revenue and Forecast to 2030 (US$ Billion)
7.4 Distribution
7.4.1 Overview
7.4.2 Distribution Market, Revenue and Forecast to 2030 (US$ Billion)
8. North America Gas Pipeline Infrastructure Market Analysis – Equipment
8.1 Overview
8.2 Gas Pipeline Infrastructure Market, By Equipment (2022 and 2030)
8.3 Pipeline
8.3.1 Overview
8.3.2 Pipeline Market, Revenue and Forecast to 2030 (US$ Billion)
8.4 Valves
8.4.1 Overview
8.4.2 Valves Market, Revenue and Forecast to 2030 (US$ Billion)
8.5 Compressor station
8.5.1 Overview
8.5.2 Compressor station Market, Revenue and Forecast to 2030 (US$ Billion)
8.6 Metering skids
8.6.1 Overview
8.6.2 Metering skids Market, Revenue and Forecast to 2030 (US$ Billion)
9. North America Gas Pipeline Infrastructure Market Analysis – Application
9.1 Overview
9.2 Gas Pipeline Infrastructure Market, By Application (2022 and 2030)
9.3 Onshore
9.3.1 Overview
9.3.2 Onshore Market, Revenue and Forecast to 2030 (US$ Billion)
9.4 Offshore
9.4.1 Overview
9.4.2 Offshore Market, Revenue and Forecast to 2030 (US$ Billion)
10. North America Gas Pipeline Infrastructure Market – Country Analysis
10.1 North America Market Overview
10.1.1 North America Gas Pipeline Infrastructure Market, By Key Country – Revenue 2022 (US$ Bn)
10.1.2 North America Gas Pipeline Infrastructure Market Revenue and Forecasts and Analysis – By Country
10.1.2.1 North America Gas Pipeline Infrastructure Market Revenue and Forecasts and Analysis – By Country
10.1.2.2 US Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.2.2.1 US Gas Pipeline Infrastructure Market Breakdown by Operation
10.1.2.2.2 US Gas Pipeline Infrastructure Market Breakdown by Equipment
10.1.2.2.3 US Gas Pipeline Infrastructure Market Breakdown by Application
10.1.2.3 Canada Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.2.3.1 Canada Gas Pipeline Infrastructure Market Breakdown by Operation
10.1.2.3.2 Canada Gas Pipeline Infrastructure Market Breakdown by Equipment
10.1.2.3.3 Canada Gas Pipeline Infrastructure Market Breakdown by Application
10.1.2.4 Mexico Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.2.4.1 Mexico Gas Pipeline Infrastructure Market Breakdown by Operation
10.1.2.4.2 Mexico Gas Pipeline Infrastructure Market Breakdown by Equipment
10.1.2.4.3 Mexico Gas Pipeline Infrastructure Market Breakdown by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Mergers & Acquisitions
12. Company Profiles
12.1 Enbridge Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 TC Energy Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Berkshire Hathaway Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Kinder Morgan Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Pembina Pipeline Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Saipem SpA
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About the the Reporting Teams
13.2 Word Index
Table 1. Gas Pipeline Infrastructure Market Segmentation
Table 2. Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Billion)
Table 3. Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Billion) – Operation
Table 4. Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Billion) – Equipment
Table 5. Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Billion) – Application
Table 6. North America Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn) – By Country
Table 7. US Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn) – By Operation
Table 8. US Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn) – By Equipment
Table 9. US Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn) – By Application
Table 10. Canada Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn) – By Operation
Table 11. Canada Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn) – By Equipment
Table 12. Canada Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn) – By Application
Table 13. Mexico Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn) – By Operation
Table 14. Mexico Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn) – By Equipment
Table 15. Mexico Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn) – By Application
Table 16. List of Abbreviation
Figure 1. Gas Pipeline Infrastructure Market Segmentation, By Country
Figure 2. Ecosystem: Gas pipeline infrastructure market
Figure 3. Gas Pipeline Infrastructure Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Gas Pipeline Infrastructure Market Revenue (US$ Billion), 2020 – 2030
Figure 6. Gas Pipeline Infrastructure Market Share (%) – Operation, 2022 and 2030
Figure 7. Transmission Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 8. Distribution Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 9. Gas Pipeline Infrastructure Market Share (%) – Equipment, 2022 and 2030
Figure 10. Pipeline Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 11. Valves Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 12. Compressor station Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 13. Metering skids Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 14. Gas Pipeline Infrastructure Market Share (%) – Application, 2022 and 2030
Figure 15. Onshore Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 16. Offshore Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 17. North America Gas Pipeline Infrastructure Market, By Key Country – Revenue 2022 (US$ Bn)
Figure 18. North America Gas Pipeline Infrastructure Market Breakdown by Country (2022 and 2030)
Figure 19. US Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 20. Canada Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 21. Mexico Gas Pipeline Infrastructure Market Revenue and Forecasts to 2030 (US$ Bn)
The List of Companies – North America Gas Pipeline Infrastructure Market
1. Enbridge Inc
2. TC Energy Corp
3. Berkshire Hathaway Inc
4. Kinder Morgan Inc
5. Pembina Pipeline Corp
6. Saipem SpA
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