Global City-Gas Distribution Market Overview:
City Gas Distribution (CGD) companies supply grounded natural gas (PNG) to commercial and industrial facilities for heating and power generation, as well as to households for cooking and heating. CGD companies also sell compressed natural gas (CNG) for use as an automotive fuel. For example, a CGD company may sell PNG and CNG in more than one geographic area (GA). In recent years there has been a growing trend supported by several factors such as India's energy deficit, favorable cost economics, and the priority allocation of domestic natural gas by the Indian Government (GoI) to the PNG (domestic) / CNG consumers as well as the increasing availability of imported natural gas. As of March 2019, domestic gas accounts for around 42% of consumption, while imported gas accounts for around 58% of consumption. Over the next few years, the sector is expected to see significant growth in investment and sales volume due to new permits for companies to operate in new areas.
- Growing Urbanization across the Globe
- A Rise in the Reduction of the Growing Carbon Emission
- Rising Demand of Natural Gas in Various Sectors
- An Increasing Number of Favorable Initiatives Taken In the CGD Sector by the Government
- Increase in the Gas-Based Electricity Generation
- An Increase in the Merger and Acquisition Activities in the Gas Sector
- Government Policies and Regulations
- A Rise in the Ongoing Air Pollution Stability Developments
- Growing Demand from the Asia Pacific Regions
- The Growing Developments in Renewable Energy Sector
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Southern Company (United States), Enel SpA (Italy), Enbridge Inc. (Canada), GAIL Gas Limited (India), Dominion Energy Inc. (United States), TC Energy Corporation (Canada), Kinder Morgan Inc. (United States), Sempra Energy (United States), ONGC Limited (India), National Grid Plc. (United Kingdom), Oneok Inc. (United States), OIL Limited (India) and Williams Companies Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like BPCL (India) and Essar Oil & Gas (India). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global City-Gas Distribution market by 2026. Considering Market by Source of Supply, the sub-segment i.e. Domestically Supplied will boost the City-Gas Distribution market. Considering Market by End-User, the sub-segment i.e. Industrial will boost the City-Gas Distribution market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global City-Gas Distribution market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in City-Gas Distribution market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Providers of City Gas Distribution, Potential Investors, Market Research Firms, Regulatory Bodies, End-Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.