Technavio has been monitoring the natural gas storage market and it is poised to grow by 64.36 million toe during 2019-2023, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

https://www.businesswire.com/news/home/20200416005575/en/

Technavio has announced the latest market research report titled Global Natural Gas Storage Market 2019-2023 (Graphic: Business Wire)

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Costain Group PLC, ENBRIDGE INC., ENGIE, Royal Vopak, and Uniper SE are some of the major market participants. The need for natural gas will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Need for natural gas has been instrumental in driving the growth of the market.

Natural gas storage market is segmented as below:

  • Type
    • Underground Storage
    • Above-ground Storage
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

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natural gas storage market report covers the following areas:

  • Natural Gas Storage Market Size
  • Natural Gas Storage Market Trends
  • Natural Gas Storage Market Industry Analysis

This study identifies advances in natural gas storage as one of the prime reasons driving the natural gas storage market growth during the next few years.

We provide a detailed analysis of vendors operating in the natural gas storage market, including some of the vendors such as Costain Group PLC, ENBRIDGE INC., ENGIE, Royal Vopak, and Uniper SE. Backed with competitive intelligence and benchmarking, our research reports on the natural gas storage market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Technavio’s SUBSCRIPTION platform

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist natural gas storage market growth during the next five years
  • Estimation of the natural gas storage market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the natural gas storage market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of natural gas storage market vendors

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

  • Market segmentation by type
  • Comparison by type
  • Underground storage – Market size and forecast 2018-2023
  • Above-ground storage – Market size and forecast 2018-2023
  • Market opportunity by type

  • Geographic segmentation
  • Geographic comparison
  • EMEA – Market size and forecast 2018-2023
  • Americas – Market size and forecast 2018-2023
  • APAC – Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

  • Market drivers
  • Market challenges

  • Advances in natural gas storage
  • Emerging regulations to ensure safety of natural gas storage facilities
  • Rising demand for natural gas in transportation sector

  • Overview
  • Landscape disruption
  • Competitive scenario

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Costain Group PLC
  • ENBRIDGE INC.
  • ENGIE
  • Royal Vopak
  • Uniper SE

  • Research methodology
  • List of abbreviations

    • Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20200416005575/en/

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