1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
FEATURED COMPANIES
- Duke Energy Corp.
- ENGIE SA
- PetroChina Co. Ltd.
- PJSC Gazprom
- Southern Co.
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Global Gas Utilities Market: About this market
The gas utilities market analysis considers sales from power generation, residential and commercial, industrial, and others. The analysis also considers the sales of gas utilities in APAC America an EMEA. In 2018, the power generation segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the adoption of clean energy technologies will play a significant role in the power generation segment to maintain its market position. Also, the global gas utilities market also report looks at factors such as growth in global natural gas demand, rising global carbon emissions, and favorable government support. However, uncertainties in volatility in oil and gas prices, competition from alternative sources of energy, and operational challenges faced by gas utilities may hamper the growth of the gas utilities industry over the forecast period.
Global Gas Utilities Market: Overview
Rising global carbon emissions
Global CO2 emissions have been increasing due to the growth in economic activities. The rising carbon emissions have resulted in the significant need for the decarbonization of transportation, industrial and power generation sectors globally, thus paving the way for the adoption of clean sources of energy and use of alternatives such as natural gas over fossil fuels. Since natural gas is regarded as the cleanest fossil fuel, it has the least negative impact on the environment. This demand for natural gas will lead to the expansion of the global gas utilities market at a CAGR of over 4% during the forecast period.
Growth in natural gas production from unconventional sources
Unconventional sources result in the production of unconventional hydrocarbons, which refer to the resources found in reservoirs with geological characteristics that are different from those found in conventional oil and gas reserves. These unconventional resources include shale gas, coalbed methane, and crude oil from shale formations or other formations with low permeability known as tight oil or shale oil. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global gas utility market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gas utility manufacturers, that include Duke Energy Corp., ENGIE SA, PetroChina Co. Ltd., PJSC Gazprom, Southern Co.
Also, the gas utilities market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The gas utilities market analysis considers sales from power generation, residential and commercial, industrial, and others. The analysis also considers the sales of gas utilities in APAC America an EMEA. In 2018, the power generation segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the adoption of clean energy technologies will play a significant role in the power generation segment to maintain its market position. Also, the global gas utilities market also report looks at factors such as growth in global natural gas demand, rising global carbon emissions, and favorable government support. However, uncertainties in volatility in oil and gas prices, competition from alternative sources of energy, and operational challenges faced by gas utilities may hamper the growth of the gas utilities industry over the forecast period.
Global Gas Utilities Market: Overview
Rising global carbon emissions
Global CO2 emissions have been increasing due to the growth in economic activities. The rising carbon emissions have resulted in the significant need for the decarbonization of transportation, industrial and power generation sectors globally, thus paving the way for the adoption of clean sources of energy and use of alternatives such as natural gas over fossil fuels. Since natural gas is regarded as the cleanest fossil fuel, it has the least negative impact on the environment. This demand for natural gas will lead to the expansion of the global gas utilities market at a CAGR of over 4% during the forecast period.
Growth in natural gas production from unconventional sources
Unconventional sources result in the production of unconventional hydrocarbons, which refer to the resources found in reservoirs with geological characteristics that are different from those found in conventional oil and gas reserves. These unconventional resources include shale gas, coalbed methane, and crude oil from shale formations or other formations with low permeability known as tight oil or shale oil. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global gas utility market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gas utility manufacturers, that include Duke Energy Corp., ENGIE SA, PetroChina Co. Ltd., PJSC Gazprom, Southern Co.
Also, the gas utilities market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Duke Energy Corp.
- ENGIE SA
- PetroChina Co. Ltd.
- PJSC Gazprom
- Southern Co.
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Duke Energy Corp.
- ENGIE SA
- PetroChina Co. Ltd.
- PJSC Gazprom
- Southern Co.
The following companies are recognised as the key players in the global gas utilities market: Duke Energy Corp., ENGIE SA, PetroChina Co. Ltd., PJSC Gazprom, Southern Co.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is growth in natural gas production from unconventional sources.”
According to the report, one of the major drivers for this market is the rising global carbon emissions.
Further, the report states that one of the major factors hindering the growth of this market is the competition from an alternative source of energy.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is growth in natural gas production from unconventional sources.”
According to the report, one of the major drivers for this market is the rising global carbon emissions.
Further, the report states that one of the major factors hindering the growth of this market is the competition from an alternative source of energy.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Duke Energy Corp.
- ENGIE SA
- PetroChina Co. Ltd.
- PJSC Gazprom
- Southern Co.
Note: Product cover images may vary from those shown
