Virtual Pipeline Systems Market
Aging Infrastructure of Pipelines across the World Likely to Fuel Growth in Virtual Pipeline Systems Market
The products and solutions in the global virtual pipeline systems market are specifically designed in order to schedule timely shipments or oil and oil products from source to another location. This transportation takes place in seas, oceans, barges, or through costal tankers. Some of these shipments can also be transported through road or rail. The aging infrastructure of pipelines across the world is likely to fuel the growth in global virtual pipeline systems market. Furthermore, stringent restrictions pertaining to carbon emission control as well as fast paced industrialization are also two of the leading and major drivers for the expansion of the global virtual pipeline systems market in near future.
Furthermore, increase in the number of various programs and practices focusing on modernization of oil infrastructure as well as rising demand for effective and safe transportation of energy resources are also positively influencing the development trajectory in the global virtual pipeline systems market in coming years. stringent government regulations pertaining to environmental protection from carbon emissions as well as oil spills is also another strong motivator for the sales in the global virtual pipeline systems market. However, high cost of transportation of these valuable components through pressurized containers as well as high risk related to the entire transportation operation may act as barriers for the expansion of the global virtual pipeline systems market in coming years.
On the other hand, rise in the investments aimed at research and development, increasing focus of oil and gas as well as energy industry players and stakeholders in endorsing the utilization of low emission based natural gas products, and increase in the concerns pertaining to renewability of energy sources may offer excellent growth and expansion opportunities to the players and manufacturers operational within the global virtual pipeline systems market. Players and manufacturers in the global virtual pipeline systems market are focused on technological innovations, new product launches, gaining product approvals, and geographical expansion in order to capture a larger consumer as well as market base.
Virtual pipeline systems are arranged shipments of gas from one point to another, either overland in containers by rail or road, or by water, in ocean-going or coastal tankers and barges. Virtual pipeline systems supply natural gas to industries that are either too geographically challenging to justify an investment in pipeline construction or too small for normal LNG large-scale carriers. Virtual pipeline systems supply natural gas to industries, electricity generation plants, and commercial & residential customers almost anywhere that are accessible by road or sea. According to the research report, the global virtual pipeline systems market is likely to be worth US$ 2,123.9 Mn by the end of 2027 from US$ 1,205.0 Mn in 2018. Between the forecast years of 2019 and 2027, the global market is expected to surge at a CAGR of 6.5%.
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The virtual pipeline systems market has been segmented on the basis of application and region. By application, the virtual pipeline systems market has been segregated into industrial, transportation, and commercial & residential. In terms of value, the industrial segment constituted more than 50% market share in 2018. It is further divided into sectors such as fertilizers, power generation, and other sectors that consistently in need of natural gas for smooth operations. On the other hand, the transportation segment includes automobiles, which use natural gas. The demand for natural gas-run automobiles is expected to remain are high as regulations regarding emissions are getting stricter. Implementation of government norms and laws to cut down greenhouse gases is projected to have positive impact on this segment in the forthcoming years. The commercial and residential segment require natural gas for cooling, space heating, and small scale power generation.
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In terms of region, the virtual pipeline systems market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In 2018, North America dominated the virtual pipeline systems market with more than 40% share and is expected to follow the same trend during the forecast period. Asia Pacific is expected to follow this dominance closely in the coming years as China’s economy gains momentum. The sprawling network of virtual pipelines across the country due to extensive network of CNG stations are expected to put Asia Pacific virtual pipeline systems on the map.
Furthermore, as developing countries such as India and China work towards achieving a cleaner environment, they are likely to be key users of natural gas. This emerging trend is expected to help Asia Pacific expand at a significant rate during the forecast period. The growing inclination toward using cleaner alternatives than fossil fuels is expected to play an important role in the growth of the regional market. The rising investments in natural gas in the developing economies of Asia Pacific is also expected to have a major influence on the overall market.
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Key players in the virtual pipeline systems market are expected to benefit from the formation of strategic alliances with midstream companies. Key players in the Virtual pipeline systems market include
Global Virtual Pipeline Systems Market: Segmentation
This report on the global virtual pipeline systems market provides segmentation of the market based on application and region
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1. Executive Summary: Global Virtual Pipeline Systems Market
2. Market Overview
2.1. Market Segmentation
2.2. Market Definitions
2.3. Market Trends
2.4. Market Dynamics
2.4.1. Drivers
2.4.2. Restraints
2.4.3. Opportunities
2.5. Porter’s Five Forces Analysis
2.6. Value Chain Analysis
2.7. Regulatory Landscape
3. Global Virtual Pipeline Systems Market Analysis and Forecast, by Application
3.1. Key Findings
3.2. Market Definitions
3.3. Global Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
3.3.1. Industrial
3.3.2. Transportation
3.3.3. Commercial & Residential
3.4. Global Virtual Pipeline Systems Market Attractiveness Analysis, by Application
4. Global Virtual Pipeline Systems Market Analysis and Forecast, by Region
4.1. Global Virtual Pipeline Systems Market Value (US$ Mn), by Region, 2018–2027
4.1.1. North America
4.1.2. Europe
4.1.3. Asia Pacific
4.1.4. Middle East & Africa
4.1.5. Latin America
4.2. Global Virtual Pipeline Systems Market Attractiveness Analysis, by Region
5. North America Virtual Pipeline Systems Market Analysis and Forecast
5.1. Key Findings
5.2. North America Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
5.3. North America Virtual Pipeline Systems Market Value (US$ Mn), by Country/Sub-region, 2018–2027
5.3.1. U.S.
5.3.2. Canada
5.4. U.S. Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
5.5. Canada Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
5.6. North America Virtual Pipeline Systems Market Share and Attractiveness Analysis, by Application
5.7. North America Virtual Pipeline Systems Market Share and Attractiveness Analysis, by Country/Sub-region
6. Europe Virtual Pipeline Systems Market Analysis and Forecast
6.1. Key Findings
6.2. Europe Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
6.3. Europe Virtual Pipeline Systems Market Value (US$ Mn), by Country/Sub-region, 2018–2027
6.3.1. U.K.
6.3.2. France
6.3.3. Germany
6.3.4. Italy
6.3.5. Spain
6.3.6. Rest of Europe
6.4. U.K. Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
6.5. France Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
6.6. Germany Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
6.7. Italy Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
6.8. Spain Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
6.9. Rest of Europe Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
6.10. Europe Virtual Pipeline Systems Market Share and Attractiveness Analysis, by Application
6.11. Europe Virtual Pipeline Systems Market Share and Attractiveness Analysis, by Country/Sub-region
7. Asia Pacific Virtual Pipeline Systems Market Analysis and Forecast
7.1. Key Findings
7.2. Asia Pacific Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
7.3. Asia Pacific Virtual Pipeline Systems Market Value (US$ Mn), by Country/Sub-region, 2018–2027
7.3.1. China
7.3.2. Japan
7.3.3. India
7.3.4. ASEAN
7.3.5. Rest of Asia Pacific
7.4. China Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
7.5. Japan Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
7.6. India Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
7.7. ASEAN Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
7.8. Rest of Asia Pacific Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
7.9. Asia Pacific Virtual Pipeline Systems Market Share and Attractiveness Analysis, by Application
7.10. Asia Pacific Virtual Pipeline Systems Market Share and Attractiveness Analysis, by Country/Sub-region
8. Middle East & Africa Virtual Pipeline Systems Market Analysis and Forecast
8.1. Key Findings
8.2. Middle East & Africa Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
8.3. Middle East & Africa Virtual Pipeline Systems Market Value (US$ Mn), by Country/Sub-region, 2018–2027
8.3.1. GCC
8.3.2. South Africa
8.3.3. Rest of Middle East & Africa
8.4. GCC Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
8.5. South Africa Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
8.6. Rest of Middle East & Africa Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
8.7. Middle East & Africa Virtual Pipeline Systems Market Share and Attractiveness Analysis, by Application
8.8. Middle East & Africa Virtual Pipeline Systems Market Share and Attractiveness Analysis, by Country/Sub-region
9. Latin America Virtual Pipeline Systems Market Analysis and Forecast
9.1. Key Findings
9.2. Latin America Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
9.3. Latin America Virtual Pipeline Systems Market Value (US$ Mn), by Country/Sub-region, 2018–2027
9.3.1. Brazil
9.3.2. Mexico
9.3.3. Rest of Latin America
9.4. Brazil Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
9.5. Mexico Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
9.6. Rest of Latin America Virtual Pipeline Systems Market Value (US$ Mn), by Application, 2018–2027
9.7. Latin America Virtual Pipeline Systems Market Share and Attractiveness Analysis, by Application
9.8. Latin America Virtual Pipeline Systems Market Share and Attractiveness Analysis, by Country/Sub-region
10. Competition Landscape
10.1. Competition Matrix, by Key Players
10.2. Global Virtual Pipeline Systems Market Share Analysis, by Company, 2018
10.3. Product Mapping
10.4. Company Profiles
10.4.1. GENERAL ELECTRIC
10.4.1.1. Company overview
10.4.1.2. Product portfolio
10.4.1.3. Financial overview
10.4.1.4. Business strategy
10.4.1.5. Recent developments
10.4.2. Hexagon Composites ASA
10.4.2.1. Company overview
10.4.2.2. Product portfolio
10.4.2.3. Financial overview
10.4.2.4. Business strategy
10.4.2.5. Recent developments
10.4.3. Luxfer Holdings PLC
10.4.3.1. Company overview
10.4.3.2. Product portfolio
10.4.3.3. Financial overview
10.4.3.4. Business strategy
10.4.3.5. Recent developments
10.4.4. Galileo Technologies S.A.
10.4.4.1. Company overview
10.4.4.2. Product portfolio
10.4.5. Pentagon Energy LLC
10.4.5.1. Company overview
10.4.5.2. Product portfolio
10.4.6. LightSail Energy
10.4.6.1. Company overview
10.4.6.2. Product portfolio
10.4.7. Cimarron Composites
10.4.7.1. Company overview
10.4.7.2. Product portfolio
10.4.8. SUB161°
10.4.8.1. Company overview
10.4.8.2. Product portfolio
10.4.9. XPRESS NATURAL GAS LLC
10.4.9.1. Company overview
10.4.9.2. Product portfolio
10.4.10. NG Advantage LLC
10.4.10.1. Company overview
10.4.10.2. Product portfolio
10.4.11. Compass Natural Gas
10.4.11.1. Company overview
10.4.11.2. Product portfolio
10.4.11.3. Financial overview
10.4.12. Broadwind Energy, Inc.
10.4.12.1. Company overview
10.4.12.2. Product portfolio
10.4.13. Global Partners LP
10.4.13.1. Company overview
10.4.13.2. Product portfolio
10.4.14. REV LNG, LLC
10.4.14.1. Company overview
10.4.14.2. Product portfolio
11. Primary Research - Key Insights
12. Appendix
12.1. Research Methodology and Assumptions
List of Tables
Table 01: Global Virtual Pipeline Systems Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 02: Global Virtual Pipeline Systems Market Value (US$ Mn) Forecast, by Region, 2018–2027
Table 03: North America Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 04: North America Virtual Pipeline Market Value (US$ Mn) Forecast, by Country, 2018–2027
Table 05: U.S. Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 06: Canada Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 07: Latin America Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 08: Latin America Virtual Pipeline Market Value (US$ Mn) Forecast, by Country/Sub-region, 2018–2027
Table 09: Brazil Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 10: Mexico Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 11: Rest of Latin America Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 12: Europe Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 13: Europe Virtual Pipeline Market Value (US$ Mn) Forecast, by Country/Sub-region, 2018–2027
Table 14: Germany Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 15: U.K. Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 16: France Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 17: Italy Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 18: Spain Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 19: Rest of Europe Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 20: Asia Pacific Virtual Pipeline Systems Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 21: Asia Pacific Virtual Pipeline Systems Market Value (US$ Mn) Forecast, by Country, 2018–2027
Table 22: China Virtual Pipeline Systems Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 23: India Virtual Pipeline Systems Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 24: Japan Virtual Pipeline Systems Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 25: ASEAN Virtual Pipeline Systems Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 26: Rest of Asia Pacific Virtual Pipeline Systems Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 27: Middle East & Africa Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 28: Middle East & Africa Virtual Pipeline Market Value (US$ Mn) Forecast, by Country/Sub-region, 2018–2027
Table 29: GCC Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 30: South Africa Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
Table 31: Rest of Middle East & Africa Virtual Pipeline Market Value (US$ Mn) Forecast, by Application, 2018–2027
List of Figures
Figure 01: Market Snapshot, Indicative % Revenue Share and Top Trends
Figure 02: Global Virtual Pipeline Systems Market Size (US$ Mn) Analysis, 2018–2027
Figure 03: Global Virtual Pipeline Systems Market Size, Y-o-Y Growth Projection, 2017–2027
Figure 04: Global Virtual Pipeline Systems Market Value Share Analysis, by Application, 2018 and 2027
Figure 05: Global Virtual Pipeline Systems Market Revenue (US$ Mn) for Industrial, 2018–2027
Figure 06: Global Virtual Pipeline Systems Market Revenue (US$ Mn) Analysis for Transportation, 2018–2027
Figure 07: Global Virtual Pipeline Systems Market Revenue (US$ Mn) for Commercial & Residential, 2018–2027
Figure 08: Global Virtual Pipeline Systems Market Attractiveness Analysis, by Application
Figure 09: Global Virtual Pipeline Systems Market Value Share Analysis, by Region, 2018 and 2027
Figure 10: Global Virtual Pipeline Systems Market Attractiveness Analysis, by Region
Figure 11: North America Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 12: North America Virtual Pipeline Systems Market Attractiveness Analysis, by Country
Figure 13: North America Virtual Pipeline Systems Market Value Share Analysis, by Application, 2018 and 2027
Figure 14: North America Virtual Pipeline Systems Market Value Share Analysis, by Application, 2018 and 2027
Figure 15: U.S. Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 16: U.S. Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 17: Canada Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 18: Canada Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 19: Global Virtual Pipeline Systems Market Attractiveness Analysis, by Application
Figure 20: Latin America Aftermarket Fuel Additives Market Size (US$ Mn) Forecast, 2018–2027
Figure 21: Latin America Aftermarket Fuel Additives Market Attractiveness Analysis, by Country/Sub-region
Figure 22: Latin America Virtual Pipeline Systems Market Value Share Analysis, by Application, 2018 and 2027
Figure 23: Latin America Virtual Pipeline Systems Market Value Share Analysis, by Country/Sub-region, 2018 and 2027
Figure 24: Brazil Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 25: Brazil Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 26: Mexico Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 27: Mexico Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 28: Rest of Latin America Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 29: Rest of Latin America Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 30: Latin America Virtual Pipeline Systems Market Attractiveness Analysis, by Application
Figure 31: Europe Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 32: Europe Virtual Pipeline Systems Market Attractiveness Analysis, by Country/Sub-region
Figure 33: Europe Virtual Pipeline Systems Market Value Share Analysis, by Application, 2018 and 2027
Figure 34: Europe Virtual Pipeline Systems Market Value Share Analysis, by Country/Sub-region, 2018 and 2027
Figure 35: Germany Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 36: Germany Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 37: U.K. Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 38: U.K. Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 39: France Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 40: France Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 41: Italy Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 42: Italy Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 43: Spain Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 44: Spain Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 45: Rest of Europe Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 46: Rest of Europe Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 47: Europe Virtual Pipeline Systems Market Attractiveness Analysis, by Application
Figure 48: Asia Pacific Virtual Pipeline Systems Market and Size (US$ Mn) Forecast, 2018–2027
Figure 49: Asia Pacific Virtual Pipeline Systems Market Attractiveness Analysis, by Country/Sub-region
Figure 50: Asia Pacific Virtual Pipeline Systems Market Value Share Analysis, by Application, 2018 and 2027
Figure 51: Asia Pacific Virtual Pipeline Systems Market Value Share Analysis, by Application, 2018 and 2027
Figure 52: China Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 53: China Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 54: India Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 55: India Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 56: Japan Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 57: Japan Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 58: ASEAN Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 59: ASEAN Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 60: Rest of Asia Pacific Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 61: Rest of Asia Pacific Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 62: Global Virtual Pipeline Systems Market Attractiveness Analysis, by Application
Figure 63: Middle East & Africa Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 64: Middle East & Africa Virtual Pipeline Systems Market Attractiveness Analysis, by Country/Sub-region
Figure 65: Middle East & Africa Virtual Pipeline Systems Market Value Share Analysis, by Application, 2018 and 2027
Figure 66: Middle East & Africa Virtual Pipeline Systems Market Value Share Analysis, by Country/Sub-region, 2018 and 2027
Figure 67: GCC Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 68: GCC Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 69: South Africa Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 70: South Africa Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 71: Rest of Middle East & Africa Virtual Pipeline Systems Market Value Share, by Application, 2018
Figure 72: Rest of Middle East & Africa Virtual Pipeline Systems Market Size (US$ Mn) Forecast, 2018–2027
Figure 73: Middle East & Africa Virtual Pipeline Systems Market Attractiveness Analysis, by Application
Figure 74: Global Virtual Pipeline Systems Market Share Analysis, by Company (2018)
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*86 figures and 60 tables includes