Global Natural Gas Storage Market 2015-2019

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Transcript of Global Natural Gas Storage Market 2015-2019

Page 1: Global Natural Gas Storage Market 2015-2019

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Global Natural Gas Storage Market 2015-2019

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Covered in this Report• This report covers the present scenario and the growth

prospects of the Global Natural Gas Storage market for the period 2015-2019.

• The report mainly covers two segments: the Aboveground Storage segment and the Underground Storage segment.

• The report also presents the vendor landscape and a corresponding detailed analysis of the key vendors in the Global Natural Gas Storage market.

• In addition, the report discusses the major drivers that influence the growth of the Global Natural Gas Storage market.

• Technavio's report, Global Natural Gas Storage Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.

Global Natural Gas Storage

Market 2015-2019

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Market Overview

• Natural gas storage involves accumulation of natural gas in several storage facilities for future consumption.

• The purpose of storage is to meet the fluctuating energy demand during the peak and off-peak seasons.

• Generally, natural gas is stored during the off-peak season and utilized during the peak season.

• This reduces the demand and supply gap, and increases the reliability of supply.

• Technavio's analysts forecast the Global Natural Gas Storage market to grow at a CAGR of 6.02 percent over the period 2014-2019.

To know more aboutGlobal Natural Gas Storage

Market 2015-2019,please mail us at

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Key Findings

• Growing LNG Market• LNG exports are increasing to fulfill growing energy demand. Compared to

2010, producers are converting existing import terminals into export terminals. In addition, in countries such as Japan and India, domestic gas production is insufficient to meet rising energy demand.

• Enhancement of Gas Distribution System• Storage of natural gas is unique in comparison to other commodities in terms

of their field of integration with the distribution system to maintain the overall system integrity.

• Gas Price Volatility• Lack of price stability can affect the market both positively and negatively. With

an increase in gas prices, more revenue can be generated. However, the lack of storage facilities during off-peak seasons can force operators to sell gas at lower prices, which decreases their profit margins.

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Key Questions Answered in Our Report

• What will the market size be in 2019 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

Have a question of your own about this report?

Ask our Analysts

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• Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from Technavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

• Technavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us.

About Technavio

Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo

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