Burden of COVID-19 on the Market & Rehabilitation Plan | Global Underground Gas Storage Market 2019-2023 | Global Initiatives To Reduce GHG Emissions to Boost Growth | Technavio

LONDON--()--Technavio has been monitoring the global underground gas storage market and it is poised to grow by 61.76 million toe during 2019-2023, progressing at a CAGR of over 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.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Costain Group, ENGIE, Gazprom, Polskie Górnictwo Naftowe i Gazownictwo, and Uniper are some of the major market participants. 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.

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The global initiatives to reduce GHG emissions has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/global-underground-gas-storage-market-industry-analysis

Underground Gas Storage Market 2019-2023: Segmentation

Underground Gas Storage Market is segmented as below:

  • Product
    • Depleted Fields
    • Salt Caverns
    • Aquifers
  • Geographic Landscape
    • Americas
    • APAC
    • EMEA

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Underground Gas Storage Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The underground gas storage market report covers the following areas:

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

This study identifies the increase in unconventional gas production as one of the prime reasons driving the underground gas storage market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Underground Gas Storage Market 2019-2023: Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist underground gas storage market growth during the next five years
  • Estimation of the underground gas storage market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the underground 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 underground gas storage market, vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

· 2.1 Preface

· 2.2 Preface

· 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

· Market ecosystem

· Market characteristics

· Market segmentation analysis

PART 04: MARKET SIZING

· Market definition

· Market sizing 2018

· Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

· Bargaining power of buyers

· Bargaining power of suppliers

· Threat of new entrants

· Threat of substitutes

· Threat of rivalry

· Market condition

PART 06: MARKET SEGMENTATION BY TYPE

· Market segmentation by type

· Comparison by type

· Depleted fields - Market size and forecast 2018-2023

· Aquifers - Market size and forecast 2018-2023

· Salt caverns - Market size and forecast 2018-2023

· Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

· 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

PART 09: DRIVERS AND CHALLENGES

· Market drivers

· Market challenges

PART 10: MARKET TRENDS

· Global initiatives to reduce GHG emissions

· Cessation of World Bank funding for oil and gas projects

· Regulations to ensure safety in underground gas storage

PART 11: VENDOR LANDSCAPE

· Overview

· Landscape disruption

PART 12: VENDOR ANALYSIS

· Vendors covered

· Vendor classification

· Market positioning of vendors

· Costain Group

· ENGIE

· Gazprom

· Polskie Górnictwo Naftowe i Gazownictwo

· Uniper

PART 13: APPENDIX

· Research methodology

· List of abbreviations

About Us

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.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

 

Release Summary

The Global Underground Gas Storage Market will grow by 61.76 mn toe during 2019-2023

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/