Virtual Pipeline Systems Market Scope And Analysis

  • Report Code : TIPRE00011605
  • Category : Energy and Power
  • No. of Pages : 150
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Virtual Pipeline Systems Market Analysis, Size, and Growth (2024-2031)

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Virtual Pipeline Systems Market Report Scope

Report Attribute Details
Market size in 2023 US$ 1,280.96 million
Market Size by 2031 US$ 2,298.62 million
Global CAGR (2023 - 2031) 7.6%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Standard Trailer and Towable Trailer
By Gas
  • CNG
  • Hydrogen
By Pressure Rating
  • Less Than 3000 Psi
  • 3001 to 5000 Psi
  • More Than 5000 Psi
By Application
  • Industrial
  • Transportation
  • Commercial
  • Residential
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Bayotech Inc
  • CNG Services Ltd
  • Petroliam Nasional Berhad PETRONAS
  • RAG Austria AG
  • Quantum Fuel Systems LLC
  • Galileo Technologies S A
  • Chart Industries Inc
  • Fiba Technologies Inc
  • Hexagon Agility
  • Composite Advanced Technologies LLC
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    Virtual Pipeline Systems Market News and Recent Developments

    The Virtual Pipeline Systems Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:

    • In January 2022, PETRONAS delivered 1,000 tonnes of liquefied natural gas (LNG) using its Virtual Pipeline System & 40 VPS & 41 technology. The creative PETRONAS solution, which started operating in 2020, has provided off-grid consumers with over 16 million kg of low-carbon energy using vehicles outfitted with cryogenic tanks. (Source: PETRONAS, Press Release/Company Website/Newsletter)
    • In May 2022, Chart Industries, Inc. acquired CSC Cryogenic Service Center AB. to strengthen its footprint in the Nordic Region. (Source: Chart Industries, Inc., Press Release/Company Website/Newsletter)

    Virtual Pipeline Systems Market Report Coverage and Deliverables

    The “Virtual Pipeline Systems Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering the following areas:

    • Virtual Pipeline Systems Marketsize and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Virtual Pipeline Systems Market Trends
    • Detailed PEST and SWOT analysis
    • Virtual Pipeline Systems Market analysis covering key market trends, Global and regional framework, major players, regulations, and recent market developments
    • Virtual Pipeline Systems MarketIndustry, landscape and competition analysis, covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles