Gas Pipeline Transportation in the US - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

Scale up: Operators will continue to extend their pipelines through acquisitions

Operators in the Gas Pipeline Transportation industry transport natural gas between processing plants and local distribution systems via pipelines. Pipeline operators have encountered mixed conditions in recent years, but overall, natural gas consumption has rose, spurring greater production volumes and demand for industry services. The growing price of crude oil has contributed to higher demand for natural gas, pushing up industry revenue at a CAGR of 2.0% to $40.9 billion in 2023. The COVID-19 pandemic led revenue to see its only recent year of decline, with industry revenue increasing 0.7% in 2023 as sanctions on Russian gas continue to drive production.

The Gas Pipeline Transportation industry transports natural gas from processing plants to local distribution systems using pipelines. This industry does not include the recovery of natural gas from wells or the processing of natural gas.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.