Gas Pipeline Infrastructure Market Size - By Application (Onshore, Offshore), Operation (Transmission, Distribution), Equipment (Pipeline, Valves, Compressor Stations, Metering Skids), Diameter & Global Forecast, 2023 - 2032

Gas Pipeline Infrastructure Market Size - By Application (Onshore, Offshore), Operation (Transmission, Distribution), Equipment (Pipeline, Valves, Compressor Stations, Metering Skids), Diameter & Global Forecast, 2023 - 2032

Global Gas Pipeline Infrastructure Market will witness over 2.9% CAGR between 2023 and 2032. The rising government efforts to modify and inculcate newer infrastructure and technologies in gas pipelines support market growth. For instance, in October 2023, Open Grid Europe (OGE), a gas infrastructure company, revealed plans to repurpose Germany's inaugural long-distance gas pipeline for hydrogen utilization. With hydrogen poised to become a pivotal element in Germany's energy transition, the government is advocating the adaptation of the existing gas network for transporting synthetic gas created from renewable sources.

Governments worldwide are emphasizing the need to adapt gas pipeline infrastructure to accommodate diverse gases, including hydrogen, as part of the shift towards cleaner energy solutions. Technological advancements are enabling these changes, making gas pipelines more versatile and adaptable. As a result, the gas pipeline infrastructure market share for upgraded and sustainable gas transportation systems will continue to grow.

The overall Gas Pipeline Infrastructure Market is classified based on application, equipment, and region.

The offshore segment will undergo significant development from 2023 to 2032. Offshore gas exploration and production require efficient and reliable infrastructure to transport gas to onshore facilities. Gas pipelines, designed for offshore use, are essential for ensuring a steady supply. As global energy needs grow, and with an increasing focus on offshore energy resources, the gas pipeline infrastructure market demand in offshore applications is on the rise.

The valves segment will register a noteworthy CAGR from 2023 to 2032. Valves are crucial components within gas pipelines, regulating the flow and ensuring safety and efficiency. With a growing emphasis on pipeline safety and control, the demand for advanced and reliable valve systems is on the rise. As the gas industry continues to expand and modernize, the contribution of specialized valves in gas pipeline infrastructure market outlook remains strong.

Asia Pacific gas pipeline infrastructure market will showcase an appreciable CAGR from 2023 to 2032. Rapid industrialization, urbanization, and increased energy needs are driving the expansion of gas pipeline networks to meet demand for natural gas and hydrogen. Governments in countries like China and India are investing in infrastructure to support cleaner energy solutions, fostering the growth of the gas pipeline market in the Asia Pacific. For instance, in October 2023, Indian Prime Minister Narendra Modi unveiled numerous infrastructure projects in Rajasthan, including the Mehsana - Bhatinda - Gurdaspur Gas Pipeline, a project with an estimated cost of around Rs 4500 crore. This initiative is regarded as a significant step towards promoting a gas-based economy.