Demand of Cleaner Energy Alternatives to Boost Virtual Pipeline System Market

Powered by the advancing concerns over renewability of energy sources has affected the natural gas industry positively. The transportation of oil and natural gas in a brisk, albeit safe manner has never been such an urgent requirement. With pipelines being the most common approach, they are the primary choice of supply of energy sources. Physical pipelines, being confined to specific geography, are not found to be effective in terms of unfeasible terrains or technically inaccessible areas. As a result, the virtual pipeline industry has been gaining recognition, and is slated to be one of the fastest growing markets in the upcoming years.
According to a report published by Transparency Market Research (TMR), the global virtual pipeline industry is anticipated to witness a steady growth during the forecast period of 2017-2025. The industry opportunity is expected to be supported by the brisk acceleration of the demand of transportation of liquid energy resources. Industrial spaces such as the fertilizer business, power generation, heating and cooling applications, and more industries that require the use of natural gas resources on a large scale, are expected to act as market propellers. 

Q: What are the top anticipated market influencers of the worldwide virtual pipeline systems market?
A: The unprecedented rise in demand of oil and natural gas, on account of emerging industries that require these resource on a massive scale, is the primary influencer of the virtual pipeline systems market globally. These resources are not found everywhere and need to be transported wherever required. Recently, NG Advantage has proposed the construction of a compressor station, enabling the loading and transportation of highly compressed natural gas in Port Dickinson, over 220 miles of distance.
Areas that comprise of rough topography, and where placement of physical pipelines would prove a herculean task, can be set up with virtual pipeline systems. The transportation segment, consisting of natural gas based automobiles, are also predicted to propel the market further. The emergence of small-scale industries such as heating and cooling, fertilizers, and power generation, are also expected to hold a considerable revenue.
Q: Which regions are expected to be star performers of the market?
A: TMR segments the international virtual pipeline system geographically into Europe, North America, Latin America, Asia Pacific and the Middle East & Africa. Asia Pacific is predicted to be the dominant region, on account of China’s vast network of virtual pipeline networks. China has an extensive structure of CNG stations, and the emergence of virtual pipeline systems for the same has been a tremendous game changer. The market is expected to rise further due to increasing demand of alternative fuels and their transportation. Backing up this demand would be the escalating investments in natural gas and government regulations for the same.
Some of the leading names operating in the global virtual pipeline market are Global Partners LP, NG Advantage, General Electric, Galileo Technologies S.A., and REV LNG.


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