According to a market report by Lucintel, the future of the global virtual pipeline market looks promising with opportunities in the transportation and industrial & commercial markets. The global virtual pipeline market is expected to reach an estimated $2.7 billion by 2030 from $1.9 billion in 2024, at a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are increasing demand for natural gas and transitioning trend towards cleaner energy resource.
A more than 150-page report to understand trends, opportunity and forecast in virtual pipeline market to 2030 by fuel type (CNG, LNG, and others), application (transportation and industrial & commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the fuel type category, CNG segment is expected to witness the highest growth over the forecast period.
Within the application category, transportation will remain larger segment due to increasing demand for clean energy.
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In terms of regions, North America will remain the largest region over the forecast period due to presence of key major players in this region.
Kinder Morgan, Stabilis Solutions, Hexagon Agility, FIBA Technologies, Petronas, CNG Services, Gas Malaysia, Galileo Technologies, NG Advantage, Marline Gas Services are the major suppliers in the virtual pipeline market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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