AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Urban Gas market - Global outlook to 2024". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Urban Gas market.
The Distribution Channel, such as Gas Cylinders, is boosting the Urban Gas market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to AMA research team, the Global Urban Gas market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Power Demand Owing To Continuous Population Growth and Urbanization in Developing Nations and Availability of Gas Supply Network & Infrastructure in Developed Nations Enabling Market Growth. †
Urban gas is used primarily for residential and commercial heating, electric power generation, and industrial heat processes. Gas production in the US, Canada, Australia, China, and Argentina is responsible for the majority of net production growth. The International Energy Agency (IEA) has projected that gas consumption will grow by at least 1.6% per year over the coming decades.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Urban Gas market by Type (Natural Gas, Manufactured Gas and Liquefied Petroleum Gas (LPG)), by Application (Residential, Commercial, Automotive and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market