Virtual Pipeline Systems: Global Strategic Business Report

Global Virtual Pipeline Systems Market to Reach $1.9 Billion by 2030

The global market for Virtual Pipeline Systems estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$1.9 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030. Industrial, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$1.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Transportation segment is readjusted to a revised 5.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $398.3 Million, While China is Forecast to Grow at 4.5% CAGR

The Virtual Pipeline Systems market in the U.S. is estimated at US$398.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$339.8 Million by the year 2030 trailing a CAGR of 4.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

Select Competitors (Total 14 Featured) -

• Broadwind Energy, Inc.
• Compass Natural Gas
• Exxon Mobil LNG
• Galileo Technologies S.A.
• General Electric
• Global Partners LP
• Hexagon Composites ASA
• Honeywell International, Inc.
• LightSail Energy
• Luxfer Holdings PLC
• NG Advantage LLC
• Pentagon Energy LLC
• REV LNG, LLC
• Siemens AG
• XPRESS NATURAL GAS LLC

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and the publisher's Research Platform
• Complimentary updates for one year