The global virtual pipeline systems market was valued US$ 1,191.59 million in 2022, it is estimated to grow at a CAGR of 9.2% from 2022 to 2028.
The increase in energy demand is a key factor driving the market. In recent times, natural gas has gained prominence as it burns cleaner than conventional fossil fuels such as coal, gasoline, and diesel. The world is facing serious repercussions of global warming, which is compelling a shift toward cleaner energy sources and natural gas. Virtual pipelines allow natural gas companies to extend their reach beyond their local market, thereby allowing them to expand their footprint. Virtual pipelines are designed for the land transport of gas shipments in containers by rail or road; they can also be transported on the water in coastal tankers and river ships. These systems can be employed to supply natural gas to power plants and private customers who cannot participate in pipeline development due to geological constraints.
According to the latest edition of the IEA's semiannual report on electricity markets, the global energy demand increased by ~5% in 2021 after a drop of 1% in 2020 as an impact of the COVID-19 pandemic. The demand is expected to grow by 4% in 2022, mainly due to a recovering global economy, with Asia Pacific leading the way. According to a report by the International Energy Agency, electricity demand in the Asia Pacific region grew by 8% in 2021, compared with a low of 2% in 2020. China and India mainly drive this growth, and both registered a significant increase in electricity demand. . Except for Japan, most countries in the region are expected to continue to grow in demand for energy through 2024. Thus, the rising energy demands further augment the need for virtual pipeline systems, driving the market over the forecast period.
The virtual pipeline systems market study primarily focuses on two segments—type, gas, pressure rating, and application. Based on the type segment, the virtual pipeline systems market is subsegmented into standard trailer and towable trailer. Based on gas, the virtual pipeline systems market is further segmented into CNG, hydrogen, and others. The pressure rating segment is subsegmented into less than 3000 Psi, 3001 Psi to 5000 Psi, and more than 5000 Psi. The application segment is further segmented into industrial, transportation, commercial, and residential. By geography, the virtual pipeline systems market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
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Virtual Pipeline Systems Market: Strategic Insights
Market Size Value in US$ 1,191.59 Million in 2022 Market Size Value by US$ 1,886.83 Million by 2028 Growth rate CAGR of 9.2% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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Virtual Pipeline Systems Market: Strategic Insights
| Market Size Value in | US$ 1,191.59 Million in 2022 |
| Market Size Value by | US$ 1,886.83 Million by 2028 |
| Growth rate | CAGR of 9.2% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Impact of COVID-19 Pandemic on Virtual Pipeline Systems Market
COVID-19 pandemic negatively affected the global virtual pipeline systems market. The COVID-19 outbreak impacted oil & gas and energy development in Asian countries such as India and China. China is one of the biggest importers of compressed natural gas and other gases. China witnessed the lowest gas consumption rate due to high import prices, slowing economic growth, mainly hampered because of COVID-19 lockdowns. With gas supply growth harder hit by the impact of COVID-19, buyers will have to increasingly look to existing CNG and LNG supply to secure future long-term deliveries. Less LNG will be available for short-term and spot purchases when more countries wish to increase imports.
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Market Insights – Virtual Pipeline Systems Market
Rising Shale Gas Extraction
Continuous advancements in shale drilling technologies have made shales the next reliable energy resource. Shale gas can be utilized as a greener energy option in countries that are dependent on coal as an energy source, as it emits less carbon than coal. Shale gas production has resulted in the abundance of natural gas supply worldwide. According to the Energy Information Administration (EIA), the unproven, theoretically recoverable shale gas potential of the US is estimated to be 482 trillion cubic feet. Shale gas output in the country surged 12 folds in the previous decade, and the growth is likely to continue until 2035, which would continue to favor the growth of virtual pipeline vendors. Further, several governments worldwide are collaborating with new smaller agencies for gas transportation. In October 2018, the Nigerian National Petroleum Corporation awarded a contract to a private company (undisclosed) to build a virtual pipeline system. The project is designed to deliver ~84 million standard cubic feet of gas per day (mmscf/d).
Type
-Based Insights
Based on type, the virtual pipeline systems market is segmented into standard trailer and towable trailer. The standard trailer segment accounted for a larger virtual pipeline systems market share in 2021, owing to the growing demand from various industries, including industrial and transportation.
Gas-Based Insights
Based on gas, the virtual pipeline systems market is segmented into CNG, hydrogen, and others. The CNG segment accounted for the largest market share in 2021 due to the growing demand from various industries, including commercial & residential and transportation.
Pressure Rating-Based Insights
Based on pressure rating, the virtual pipeline systems market is segmented into less than 3000 Psi, 3000 Psi to 5000 Psi, and more than 5000 Psi. The 3001 psi to 5000 Psi segment accounted for the largest market share in 2021 due to the growing demand from medium-sized firms for CNG pipeline systems.
Application-Based Insights
Based on application, the virtual pipeline systems market is segmented into industrial, transportation, and commercial & residential. The transportation segment accounted for the largest virtual pipeline systems market share in 2021.
Players operating in the virtual pipeline systems market are mainly focused on the development of advanced and efficient products.
- In 2022, H&P made a cornerstone investment of US$ 33 million into Galileo Technologies, supporting Galileo's unique technology platform focused on decarbonizing the energy supply chain. The companies also plan to identify and pursue business development opportunities that, if successful, have the potential to reduce fuel costs and carbon emissions from power consumption on well-sites.
- In 2022, Chevron—one of the top integrated energy corporations in the world—placed an order for four HyFillTM hydrogen transport trailers with BayoTech, a pioneer in hydrogen solutions. Chevron will distribute high-pressure gaseous hydrogen for industrial, transportation, and power production uses in the Western US using BayoTech's transport trailers.
List of Companies:
- Bayotech, Inc.
- CNG Services Ltd
- Petroliam Nasional Berhad (PETRONAS)
- RAG Austria AG
- Quantum Fuel Systems LLC
- Galileo Technologies S.A.
- Chart Industries, Inc.
- SHIJIAZHUANG ENRIC GAS EQUIPMENT CO., LTD
- Fiba Technologies Inc
- Hexagon Agility
- Composite Advanced Technologies, LLC
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Gas, Pressure Rating, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global virtual pipeline systems market is expected to grow at US$ 1,191.59 million in 2022.
Increasing Energy Demands Creating Need for Virtual Pipeline Systems.
Growing Investment in VPS Technologies
The top five key players operating in the global Virtual pipeline systems market include Galileo Technologies S.A., Bayotech, Inc., Petroliam Nasional Berhad (PETRONAS), RAG Austria AG, Quantum Fuel Systems LLC.
US, Germany, China, and Brazil are among the other countries expected to register highest CAGR growth rate.
China is one of the leading country dominating the market in 2022.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Virtual Pipeline Systems Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia-Pacific
4.2.4 Middle East and Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Virtual Pipeline Systems Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Energy Demands Creating Need for Virtual Pipeline Systems
5.1.2 Rising Shale Gas Extraction Driving Demand for Virtual Pipeline System
5.2 Market Restraints
5.2.1 Significant Dominance of Conventional Pipeline Infrastructure
5.3 Market Opportunities
5.3.1 Growing Inclination towards Consumption of Natural Gas
5.4 Future Trends
5.4.1 Growing Investment in VPS Technologies
5.5 Impact Analysis of Drivers And Restraints
6. Virtual Pipeline Systems – Global Market Analysis
6.1 Global Virtual Pipeline Systems Market Overview
6.2 Global Virtual Pipeline Systems Market Revenue Forecast and Analysis
6.3 Market Positioning – Five Key Players
6.3.1 Market Players Anlysis
7. Virtual Pipeline Systems Market – By Type
7.1 Overview
7.2 Virtual Pipeline Systems Market, By Type (2020 and 2028)
7.3 Standard Trailer
7.3.1 Overview
7.3.2 Standard Trailer: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Towable Trailer
7.4.1 Overview
7.4.2 Towable Trailer: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
8. Virtual Pipeline Systems Market – By Gas
8.1 Overview
8.2 Virtual Pipeline Systems Market, By Gas (2020 and 2028)
8.3 CNG
8.3.1 Overview
8.3.2 CNG: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Hydrogen
8.4.1 Overview
8.4.2 Hydrogen: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
9. Virtual pipeline systems Market – By Pressure Rating
9.1 Overview
9.2 Virtual Pipeline Systems Market, By Pressure Rating (2020 and 2028)
9.3 Less than 3000 Psi
9.3.1 Overview
9.3.2 Less than 3000 Psi: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
9.41 Psi to 5000 Psi
9.4.1 Overview
9.4.21 Psi to 5000 Psi: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
9.5 More than 5001 Psi
9.5.1 Overview
9.5.2 More than 5001 Psi: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
10. Virtual Pipeline Systems Market – By Application
10.1 Overview
10.2 Virtual Pipeline Systems Market, By Application (2020 and 2028)
10.3 Industrial
10.3.1 Overview
10.3.2 Industrial: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Transportation
10.4.1 Overview
10.4.2 Transportation: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Commercial & Residential
10.5.1 Overview
10.5.2 Commercial & Residential: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11. Virtual Pipeline Systems Market – Geographic Analysis
11.1 Overview
11.2 North America: Virtual Pipeline Systems Market
11.2.1 North America: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.2.2 North America: Virtual Pipeline Systems Market, By Type
11.2.3 North America: Virtual Pipeline Systems Market, By Gas
11.2.4 North America: Virtual Pipeline Systems Market, By Pressure Rating
11.2.5 North America: Virtual Pipeline Systems Market, By Application
11.2.6 North America: Virtual Pipeline Systems Market, By Key Country
11.2.6.1 US: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.1.1 US: Virtual Pipeline Systems Market, By Type
11.2.6.1.2 US: Virtual Pipeline Systems Market, By Gas
11.2.6.1.3 US: Virtual Pipeline Systems Market, By Pressure Rating
11.2.6.1.4 US: Virtual Pipeline Systems Market, By Application
11.2.6.2 Canada: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.2.1 Canada: Virtual Pipeline Systems Market, By Type
11.2.6.2.2 Canada: Virtual Pipeline Systems Market, By Gas
11.2.6.2.3 Canada: Virtual Pipeline Systems Market, By Pressure Rating
11.2.6.2.4 Canada: Virtual Pipeline Systems Market, By Application
11.2.6.3 Mexico: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.3.1 Mexico: Virtual Pipeline Systems Market, By Type
11.2.6.3.2 Mexico: Virtual Pipeline Systems Market, By Gas
11.2.6.3.3 Mexico: Virtual Pipeline Systems Market, By Pressure Rating
11.2.6.3.4 Mexico: Virtual Pipeline Systems Market, By Application
11.3 Europe: Virtual Pipeline Systems Market
11.3.1 Europe: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.3.2 Europe: Virtual Pipeline Systems Market, By Type
11.3.3 Europe: Virtual Pipeline Systems Market, By Gas
11.3.4 Europe: Virtual Pipeline Systems Market, By Pressure Rating
11.3.5 Europe: Virtual Pipeline Systems Market, By Application
11.3.6 Europe: Virtual Pipeline Systems Market, By Key Country
11.3.6.1 Germany: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.1.1 Germany: Virtual Pipeline Systems Market, By Type
11.3.6.1.2 Germany: Virtual Pipeline Systems Market, By Gas
11.3.6.1.3 Germany: Virtual Pipeline Systems Market, By Pressure Rating
11.3.6.1.4 Germany: Virtual Pipeline Systems Market, By Application
11.3.6.2 France: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.2.1 France: Virtual Pipeline Systems Market, By Type
11.3.6.2.2 France: Virtual Pipeline Systems Market, By Gas
11.3.6.2.3 France: Virtual Pipeline Systems Market, By Pressure Rating
11.3.6.2.4 France: Virtual Pipeline Systems Market, By Application
11.3.6.3 Italy: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.3.1 Italy: Virtual Pipeline Systems Market, By Type
11.3.6.3.2 Italy: Virtual Pipeline Systems Market, By Gas
11.3.6.3.3 Italy: Virtual Pipeline Systems Market, By Pressure Rating
11.3.6.3.4 Italy: Virtual Pipeline Systems Market, By Application
11.3.6.4 UK: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.4.1 UK: Virtual Pipeline Systems Market, By Type
11.3.6.4.2 UK: Virtual Pipeline Systems Market, By Gas
11.3.6.4.3 UK: Virtual Pipeline Systems Market, By Pressure Rating
11.3.6.4.4 UK: Virtual Pipeline Systems Market, By Application
11.3.6.5 Russia: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.5.1 Russia: Virtual Pipeline Systems Market, By Type
11.3.6.5.2 Russia: Virtual Pipeline Systems Market, By Gas
11.3.6.5.3 Russia: Virtual Pipeline Systems Market, By Pressure Rating
11.3.6.5.4 Russia: Virtual Pipeline Systems Market, By Application
11.3.6.6 Rest of Europe: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.6.1 Rest of Europe: Virtual Pipeline Systems Market, By Type
11.3.6.6.2 Rest of Europe: Virtual Pipeline Systems Market, By Gas
11.3.6.6.3 Rest of Europe: Virtual Pipeline Systems Market, By Pressure Rating
11.3.6.6.4 Rest of Europe: Virtual Pipeline Systems Market, By Application
11.4 APAC: Virtual Pipeline Systems Market
11.4.1 APAC: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.4.2 APAC: Virtual Pipeline Systems Market, By Type
11.4.3 APAC: Virtual Pipeline Systems Market, By Gas
11.4.4 APAC: Virtual Pipeline Systems Market, By Pressure Rating
11.4.5 APAC: Virtual Pipeline Systems Market, By Application
11.4.6 APAC: Virtual Pipeline Systems Market, By Key Country
11.4.6.1 Australia: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.1.1 Australia: Virtual Pipeline Systems Market, By Type
11.4.6.1.2 Australia: Virtual Pipeline Systems Market, By Gas
11.4.6.1.3 Australia: Virtual Pipeline Systems Market, By Pressure Rating
11.4.6.1.4 Australia: Virtual Pipeline Systems Market, By Application
11.4.6.2 China: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.2.1 China: Virtual Pipeline Systems Market, By Type
11.4.6.2.2 China: Virtual Pipeline Systems Market, By Gas
11.4.6.2.3 China: Virtual Pipeline Systems Market, By Pressure Rating
11.4.6.2.4 China: Virtual Pipeline Systems Market, By Application
11.4.6.3 India: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.3.1 India: Virtual Pipeline Systems Market, By Type
11.4.6.3.2 India: Virtual Pipeline Systems Market, By Gas
11.4.6.3.3 India: Virtual Pipeline Systems Market, By Pressure Rating
11.4.6.3.4 India: Virtual Pipeline Systems Market, By Application
11.4.6.4 Japan: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.4.1 Japan: Virtual Pipeline Systems Market, By Type
11.4.6.4.2 Japan: Virtual Pipeline Systems Market, By Gas
11.4.6.4.3 Japan: Virtual Pipeline Systems Market, By Pressure Rating
11.4.6.4.4 Japan: Virtual Pipeline Systems Market, By Application
11.4.6.5 South Korea: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.5.1 South Korea: Virtual Pipeline Systems Market, By Type
11.4.6.5.2 South Korea: Virtual Pipeline Systems Market, By Gas
11.4.6.5.3 South Korea: Virtual Pipeline Systems Market, By Pressure Rating
11.4.6.5.4 South Korea: Virtual Pipeline Systems Market, By Application
11.4.6.6 Rest of APAC: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.6.1 Rest of APAC: Virtual Pipeline Systems Market, By Type
11.4.6.6.2 Rest of APAC: Virtual Pipeline Systems Market, By Gas
11.4.6.6.3 Rest of APAC: Virtual Pipeline Systems Market, By Pressure Rating
11.4.6.6.4 Rest of APAC: Virtual Pipeline Systems Market, By Application
11.5 MEA: Virtual Pipeline Systems Market
11.5.1 MEA: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.5.2 MEA: Virtual Pipeline Systems Market, By Type
11.5.3 MEA: Virtual Pipeline Systems Market, By Gas
11.5.4 MEA: Virtual Pipeline Systems Market, By Pressure Rating
11.5.5 MEA: Virtual Pipeline Systems Market, By Application
11.5.6 MEA: Virtual Pipeline Systems Market, By Key Country
11.5.6.1 South Africa: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.1.1 South Africa: Virtual Pipeline Systems Market, By Type
11.5.6.1.2 South Africa: Virtual Pipeline Systems Market, By Gas
11.5.6.1.3 South Africa: Virtual Pipeline Systems Market, By Application
11.5.6.2 Saudi Arabia: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.2.1 Saudi Arabia: Virtual Pipeline Systems Market, By Type
11.5.6.2.2 Saudi Arabia: Virtual Pipeline Systems Market, By Gas
11.5.6.2.3 Saudi Arabia: Virtual Pipeline Systems Market, By Pressure Rating
11.5.6.2.4 Saudi Arabia: Virtual Pipeline Systems Market, By Application
11.5.6.3 UAE: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.3.1 UAE: Virtual Pipeline Systems Market, By Type
11.5.6.3.2 UAE: Virtual Pipeline Systems Market, By Gas
11.5.6.3.3 UAE: Virtual Pipeline Systems Market, By Pressure Rating
11.5.6.3.4 UAE: Virtual Pipeline Systems Market, By Application
11.5.6.4 Rest of MEA: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.4.1 Rest of MEA: Virtual Pipeline Systems Market, By Type
11.5.6.4.2 Rest of MEA: Virtual Pipeline Systems Market, By Gas
11.5.6.4.3 Rest of MEA: Virtual Pipeline Systems Market, By Pressure Rating
11.5.6.4.4 Rest of MEA: Virtual Pipeline Systems Market, By Application
11.6 SAM: Virtual Pipeline Systems Market
11.6.1 SAM: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.6.2 SAM: Virtual Pipeline Systems Market, By Type
11.6.3 SAM: Virtual Pipeline Systems Market, By Gas
11.6.4 SAM: Virtual Pipeline Systems Market, By Pressure Rating
11.6.5 SAM: Virtual Pipeline Systems Market, By Application
11.6.6 SAM: Virtual Pipeline Systems Market, By Key Country
11.6.6.1 Brazil: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.1.1 Brazil: Virtual Pipeline Systems Market, By Type
11.6.6.1.2 Brazil: Virtual Pipeline Systems Market, By Gas
11.6.6.1.3 Brazil: Virtual Pipeline Systems Market, By Pressure Rating
11.6.6.1.4 Brazil: Virtual Pipeline Systems Market, By Application
11.6.6.2 Argentina: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.2.1 Argentina: Virtual Pipeline Systems Market, By Type
11.6.6.2.2 Argentina: Virtual Pipeline Systems Market, By Gas
11.6.6.2.3 Argentina: Virtual Pipeline Systems Market, By Pressure Rating
11.6.6.2.4 Argentina: Virtual Pipeline Systems Market, By Application
11.6.6.3 Rest of SAM: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.3.1 Rest of SAM: Virtual Pipeline Systems Market, By Type
11.6.6.3.2 Rest of SAM: Virtual Pipeline Systems Market, By Gas
11.6.6.3.3 Rest of SAM: Virtual Pipeline Systems Market, By Pressure Rating
11.6.6.3.4 Rest of SAM: Virtual Pipeline Systems Market, By Application
12. Virtual Pipeline Systems Market - Covid-19 Impact Analysis
12.1 Overview
12.2 Impact of COVID-19 Pandemic on Global Virtual pipeline systems Market
12.2.1 North America: Impact Assessment of COVID-19 Pandemic
12.2.2 Europe: Impact Assessment of COVID-19 Pandemic
12.2.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
12.2.4 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
12.2.5 South America: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 New Product Launch
13.3 Merger and Acquisition
14. Company Profiles
14.1 Galileo Technologies S.A.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Bayotech, Inc.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Petroliam Nasional Berhad (PETRONAS)
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 RAG Austria AG
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Quantum Fuel Systems LLC.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Chart Industries, Inc.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 SHIJIAZHUANG ENRIC GAS EQUIPMENT CO., LTD.
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Fiba Technologies Inc
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Hexagon Agility
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Composite Advanced Technologies, LLC.
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. Global Virtual Pipeline Systems Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America: Virtual Pipeline Systems Market, By Country – Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. US: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 9. US: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 10. US: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 14. Canada: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 17. Mexico: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 18. Mexico: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Europe: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 21. Europe: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 22. Europe: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 23. Europe: Virtual Pipeline Systems Market, By Country – Revenue and Forecast to 2028 (US$ Million)
Table 24. Germany: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. Germany: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 26. Germany: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 27. Germany: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 28. France: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 29. France: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 30. France: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 31. France: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 32. Italy: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 33. Italy: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 34. Italy: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 35. Italy: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 36. UK: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 37. UK: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 38. UK: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 39. UK: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 40. Russia: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 41. Russia: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 42. Russia: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 43. Russia: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 44. Rest of Europe: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 45. Rest of Europe: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 46. Rest of Europe: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 47. Rest of Europe: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 48. APAC: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 49. APAC: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 50. APAC: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 51. APAC: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 52. APAC: Virtual Pipeline Systems Market, By Country – Revenue and Forecast to 2028 (US$ Million)
Table 53. Australia: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 54. Australia: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 55. Australia: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 56. Australia: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 57. China: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 58. China: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 59. China: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 60. China: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 61. India: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 62. India: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 63. India: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 64. India: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 65. Japan: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 66. Japan: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 67. Japan: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 68. Japan: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 69. South Korea: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 70. South Korea: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 71. South Korea: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 72. South Korea: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of APAC: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 74. Rest of APAC: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 75. Rest of APAC: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 76. Rest of APAC: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 77. MEA: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 78. MEA: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 79. MEA: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 80. MEA: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 81. MEA: Virtual Pipeline Systems Market, By Country – Revenue and Forecast to 2028 (US$ Million)
Table 82. South Africa: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 83. South Africa: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 84. South Africa: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 85. South Africa: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 86. Saudi Arabia: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 87. Saudi Arabia: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 88. Saudi Arabia: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 89. Saudi Arabia: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 90. UAE: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 91. UAE: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 92. UAE: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 93. UAE: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 94. Rest of MEA: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 95. Rest of MEA: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 96. Rest of MEA: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 97. Rest of MEA: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 98. SAM: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 99. SAM: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 100. SAM: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 101. SAM: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 102. SAM: Virtual Pipeline Systems Market, By Country – Revenue and Forecast to 2028 (US$ Million)
Table 103. Brazil: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 104. Brazil: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 105. Brazil: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 106. Brazil: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 107. Argentina: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 108. Argentina: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 109. Argentina: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 110. Argentina: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 111. Rest of SAM: Virtual Pipeline Systems Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 112. Rest of SAM: Virtual Pipeline Systems Market, By Gas – Revenue and Forecast to 2028 (US$ Million)
Table 113. Rest of SAM: Virtual Pipeline Systems Market, By Pressure Rating – Revenue and Forecast to 2028 (US$ Million)
Table 114. Rest of SAM: Virtual Pipeline Systems Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 115. List of Abbreviation
LIST OF FIGURES
Figure 1. Virtual Pipeline Systems Market Segmentation
Figure 2. Virtual Pipeline Systems Market Segmentation – By Geography
Figure 3. Global Virtual Pipeline Systems Market Overview
Figure 4. Virtual Pipeline Systems Market, By Type
Figure 5. Virtual Pipeline Systems Market, By Gas
Figure 6. Virtual Pipeline Systems Market, By Pressure Rating
Figure 7. Virtual Pipeline Systems Market, By Application
Figure 8. Virtual Pipeline Systems Market, By Geography
Figure 9. North America – PEST Analysis
Figure 10. Europe – PEST Analysis
Figure 11. Asia-Pacific – PEST Analysis
Figure 12. Middle East and Africa – PEST Analysis
Figure 13. South America – PEST Analysis
Figure 14. Virtual Pipeline Systems Market- Ecosystem Analysis
Figure 15. Virtual Pipeline Systems Market Impact Analysis of Drivers and Restraints
Figure 16. Geographic Overview of Virtual Pipeline Systems Market
Figure 17. Global Virtual Pipeline Systems Market Revenue Forecast and Analysis (US$ Million)
Figure 18. Virtual Pipeline Systems Market Revenue Share, by Type (2020 and 2028)
Figure 19. Standard Trailer: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Towable Trailer: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Virtual Pipeline Systems Market Revenue Share, by Gas (2020 and 2028)
Figure 22. CNG: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Hydrogen: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Others: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Virtual Pipeline Systems Market Revenue Share, by Pressure Rating (2020 and 2028)
Figure 26. Less than 3000 Psi: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27.1 Psi to 5000 Psi: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. More than 5001 Psi: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Virtual Pipeline Systems Market Revenue Share, by Application (2020 and 2028)
Figure 30. Industrial: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Transportation: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Commercial & Residential: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Global Virtual Pipeline Systems Market Revenue Share, By Region (2021 & 2028)
Figure 34. North America: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. North America: Virtual Pipeline Systems Market Revenue Share, by Type (2021 & 2028)
Figure 36. North America: Virtual Pipeline Systems Market Revenue Share, by Gas (2021 & 2028)
Figure 37. North America: Virtual Pipeline Systems Market Revenue Share, by Pressure Rating (2021 & 2028)
Figure 38. North America: Virtual Pipeline Systems Market Revenue Share, by Application (2021 & 2028)
Figure 39. North America: Virtual Pipeline Systems Market Revenue Share, by Key Country (2021 & 2028)
Figure 40. US: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Canada: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Mexico: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Europe: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Europe: Virtual Pipeline Systems Market Revenue Share, by Type (2021 & 2028)
Figure 45. Europe: Virtual Pipeline Systems Market Revenue Share, by Gas (2021 & 2028)
Figure 46. Europe: Virtual Pipeline Systems Market Revenue Share, by Pressure Rating (2021 & 2028)
Figure 47. Europe: Virtual Pipeline Systems Market Revenue Share, by Application (2021 & 2028)
Figure 48. Europe: Virtual Pipeline Systems Market Revenue Share, by Key Country (2021 & 2028)
Figure 49. Germany: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. France: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. Italy: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. UK: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 53. Russia: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. Rest of Europe: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. APAC: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. APAC: Virtual Pipeline Systems Market Revenue Share, by Type (2021 & 2028)
Figure 57. APAC: Virtual Pipeline Systems Market Revenue Share, by Gas (2021 & 2028)
Figure 58. APAC: Virtual Pipeline Systems Market Revenue Share, by Pressure Rating (2021 & 2028)
Figure 59. APAC: Virtual Pipeline Systems Market Revenue Share, by Application (2021 & 2028)
Figure 60. APAC: Virtual Pipeline Systems Market Revenue Share, by Key Country (2021 & 2028)
Figure 61. Australia: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. China: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. India: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 64. Japan: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 65. South Korea: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 66. Rest of APAC: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. MEA: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. MEA: Virtual Pipeline Systems Market Revenue Share, by Type (2021 & 2028)
Figure 69. MEA: Virtual Pipeline Systems Market Revenue Share, by Gas (2021 & 2028)
Figure 70. MEA: Virtual Pipeline Systems Market Revenue Share, by Pressure Rating (2021 & 2028)
Figure 71. MEA: Virtual Pipeline Systems Market Revenue Share, by Application (2021 & 2028)
Figure 72. MEA: Virtual Pipeline Systems Market Revenue Share, by Key Country (2021 & 2028)
Figure 73. South Africa: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 74. Saudi Arabia: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 75. UAE: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 76. Rest of MEA: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. SAM: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 78. SAM: Virtual Pipeline Systems Market Revenue Share, by Type (2021 & 2028)
Figure 79. SAM: Virtual Pipeline Systems Market Revenue Share, by Gas (2021 & 2028)
Figure 80. SAM: Virtual Pipeline Systems Market Revenue Share, by Pressure Rating (2021 & 2028)
Figure 81. SAM: Virtual Pipeline Systems Market Revenue Share, by Application (2021 & 2028)
Figure 82. SAM: Virtual Pipeline Systems Market Revenue Share, by Key Country (2021 & 2028)
Figure 83. Brazil: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 84. Argentina: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 85. Rest of SAM: Virtual Pipeline Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 86. Impact of COVID-19 Pandemic in North American Country Markets
Figure 87. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 88. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 89. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets
The List of Companies - Virtual Pipeline Companies
- Galileo Technologies S.A.
- Bayotech, Inc.
- Petroliam Nasional Berhad (PETRONAS)
- RAG Austria AG
- Quantum Fuel Systems LLC.
- Chart Industries, Inc.
- SHIJIAZHUANG ENRIC GAS EQUIPMENT CO., LTD.
- Fiba Technologies Inc
- Hexagon Agility
- Composite Advanced Technologies, LLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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