City Gas Distribution Market Size, Share & Industry Analysis, By Type (Liquified Petroluem Gas (LPG), Piped Natural Gas (PNG)), By End-User (Residential, Automotive, Domestic, Industrial, Others) And Regional Forecast, 2024-2032
KEY MARKET INSIGHTS
The city gas distribution system distributes the gas to various segments of the city through the CGD networks and others. The distribution of gas is a layout from the initial point of supply to the final point of the application source through the high pressure, and diverse with the pressure regulator. The initial pressure is being regulated to the acceptable level of pipes and other components of the gas distribution system.
Based on the types, the market is segmented into liquefied petroleum gas (LPG), piped natural gas (PNG), and others. The PNG segment dominates the city gas distribution market as it requires less space compared to other types and satisfies most of the segments where fuel is required; the other advantage about piped natural gas distribution is its safety factor since the supply of gas is much lower compared to other types makes it more reliable to use.
Based on the end-user, the market is segmented into residential, automotive, commercial, industrial, and others. Automotive is anticipated to dominate the end-user market is due to the vital usage of gases in serval automotive processes, starting from part manufacturing to assembly and driving experience. Using gas evolves less maintenance, good user experience, comfort, and others, resulting in a high impact on the city gas distribution market.
One of the major drivers for the global city gas distribution market is the rising urbanization globally, which leads to the demand of increasing power demand. Through the city gas distribution network, one can easily access cleaner power sources like natural gases.
The restraints for the city gas distribution market are the major infrastructure related to the transmission and distribution hinders the city gas distribution market.
Key Market Driver -
The stringent in emission regulations and advantages of gas over other alternative energy source
Key Market Restraint -
The infrastructure exclusivity leads to no parallel infrastructure development, affecting the growth rate
Key players covered:
Some of the major companies that are present in the global city gas distribution market are Enel Spa, Bhagyanagar Gas Limited, Enbridge Inc., T.C. Energy Corporation, Dominion Energy Inc., GAIL Gas Limited, Indraprastha Gas Ltd (IGL), Sabarmati Gas, Gujarat Gas (GGL), Green Gas Limited, Tripura Natural Gas (TNGCL), Adani Gas, and Central U.P. Gas.
Regional analysis:
The city gas distribution market has been studied across North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. The Asia Pacific is expected to dominate the market in terms of focus for cleaner gas in industrial and residential uses; other than that, the increasing energy demand, urbanization trends, and developments in pollution stability enhance the market landscape of city gas distribution. Followed by the Asia-Pacific region, Europe is the second-largest region in the global city gas distribution market.
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Segmentation
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By End-User |
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Key Industry Developments
- On 19 April 2021: The Israel’s ministry of energy has announced a plan for reducing the greenhouse gas emission effects by 80%. This plan includes shutting down coal fired power plants, improvements in power grid technologies and increase the electricity generation by renewable energy leading to demand for gas distribution across the region.
- On 26 March 2021, Gujarat Gas Ltd (GGL) has tapped the gas distribution market by maintaining the fulfilment of responsibilities of connecting various villages with pipeline network and maintaining a profitable listed entity in public sector.
- Ongoing
- 2023
- 2019-2022
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