LONDON--(BUSINESS WIRE)--Technavio has been monitoring the onshore oil and gas pipeline market and it is poised to grow by USD 13.49 billion during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
Frequently Asked Questions-
- What was the size of onshore oil and gas pipeline market in 2019?
- As per Technavio, the global market size was USD 54.50 billion in 2019.
- What will be the size of the global market at the end of the forecast period?
- The global market is expected to reach USD 67.99 billion in 2024.
- At what rate is the market projected to grow?
- The market will accelerate at a CAGR of almost 5%
- What are the key market drivers and challenges?
- Rising global energy demand and economic advantages of pipeline transportation are the major factors driving the market. However, the rising demand for renewable energy sources could impede the market growth.
- How big is the APAC market?
- The market in the APAC region was valued at USD 18.80 billion in 2019 and is anticipated to grow at USD 24.09 billion during 2024.
- What are the top companies in the market?
- ArcelorMittal SA, Bechtel Corp., BP Plc, Essar Steel India Ltd., EUROPIPE GmbH, General Electric Co., Gulf Interstate Engineering Co., Saipem Spa, TechnipFMC Plc, and Tenaris SA are among the top market participants.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Rising global energy demand has been instrumental in driving the growth of the market.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Onshore Oil and Gas Pipeline Market 2020-2024: Segmentation
Onshore Oil and Gas Pipeline Market is segmented as below:
-
Application
- Gas Pipelines
- Oil Pipelines
-
Geography
- APAC
- North America
- MEA
- South America
- Europe
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Onshore Oil and Gas Pipeline Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The onshore oil and gas pipeline market report covers the following areas:
- Onshore Oil and Gas Pipeline Market Size
- Onshore Oil and Gas Pipeline Market Trends
- Onshore Oil and Gas Pipeline Market Analysis
This study identifies the economic advantages of pipeline transportation as one of the prime reasons driving the onshore oil and gas pipeline market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Onshore Oil and Gas Pipeline Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist onshore oil and gas pipeline market growth during the next five years
- Estimation of the onshore oil and gas pipeline market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the onshore oil and gas pipeline market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of onshore oil and gas pipeline market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Gas pipelines - Market size and forecast 2019-2024
- Oil pipelines - Market size and forecast 2019-2024
- Market opportunity by Application
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ArcelorMittal SA
- Bechtel Corp.
- BP Plc
- Essar Steel India Ltd.
- EUROPIPE GmbH
- General Electric Co.
- Gulf Interstate Engineering Co.
- Saipem Spa
- TechnipFMC Plc
- Tenaris SA
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
