
North America Virtual Pipeline Market - Industry Dynamics, Size, And Opportunity Forecast To 2030
Report ID: MS-737 | Food and Beverages | Last updated: Apr, 2025 | Formats*:

Virtual Pipeline Report Highlights
Report Metrics | Details |
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Forecast period | 2019-2030 |
Base Year Of Estimation | 2024 |
Growth Rate | CAGR of 6.91% |
Forecast Value (2030) | USD 2.92 Billion |
By Product Type | Compressed Natural Gas, Liquefied Natural Gas |
Key Market Players |
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By Region |
Virtual Pipeline Market Trends
Major trends include increased energy reliability and growing adoption as a transition fuel for electric vehicle energy consumption, as well as cost-effective distribution systems addressing infrastructure gaps in remote areas. The additional fostering of the market by integrating renewable energy sources with virtual pipelines will increase demand through urbanisation and industrial growth. The emerging trends in virtual pipeline markets include reported technological innovations, regulations supporting stakeholder consolidation for introducing sustainable energy solutions, and strategic collaboration among stakeholders. Alongside design improvements for their economic viability and scale, and continued attention to compliance with environmental regulations and safety standards will shape market strategies.Virtual Pipeline Market Leading Players
The key players profiled in the report are Greenville Liquefied Natural Gas Co. Ltd., SUB161°, Certarus Ltd., GAS MALAYSIA BERHAD, CNG Services Ltd, PENTAGON ENERGY, Galileo Technologies S.A., Solomon Peter Investments Limited, Edge Gathering Virtual Pipelines 2 LLC, Baker Hughes, Hexagon Composites, Xpress Natural Gas LLC, NG Advantage, SENER group, THROTTLE ENERGY INC. TECHNOLOGY, Clean Fuel Connection Inc., Compass Natural GasGrowth Accelerators
Growing demand for flexible and decentralised energy distribution primarily drives the virtual pipeline market in the EV sector. As an EV adoption rate increases across the globe, clean and dependable energy sources are being sought in areas with restricted access to traditional pipelines. Virtual pipelines are touted to be a simple and economical option for supporting remote or off-grid EV charging infrastructure. The flexibility it provides for fast-tracking the expansion of EV networks is indeed something that enhances the market opportunities for the virtual pipelines as a means of covering up delays and additional expenses involved in traditional pipeline construction. Another major driver is the global push toward low-emission and sustainable energy solutions. The use of alternative fuels such as CNG and LNG, regarded as transitional energy sources in reducing transportation and power generation's carbon footprint, is being promoted by governments and environmental agencies. Virtual pipelines will facilitate this transition by allowing cleaner fuels to be transported efficiently to EV charging stations and energy storage systems.Virtual Pipeline Market Segmentation analysis
The North America Virtual Pipeline is segmented by Type, Application, and Region. By Type, the market is divided into Distributed Compressed Natural Gas, Liquefied Natural Gas . The Application segment categorizes the market based on its usage such as Transportation, Industrial, Commercial & Residential. Geographically, the market is assessed across key Regions like {regionNms} and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
The virtual pipeline market is made up of the tradition of some big industry houses, such as CIMC Vehicle, Daimler Truck AG, and PACCAR Inc. (trading as Kenworth and Peterbilt), who take the lion's share of this market on the basis of extensive manufacturing capabilities and worldwide distribution networks. The key players thereby rule the market through technological innovations being made part of their strategic partnership. For example, in October 2022, Trinity Industries awarded a multi-year contract worth $1.8 billion to supply 6,000 tank cars to GATX, reflecting the platform expansion in virtual pipeline logistics. Furthermore, the competitive landscape is complemented by the partnerships and investments intended to enhance operational effectiveness and flexible energy transport, especially in those regions of the globe that do not have conventional pipeline infrastructure.Challenges In Virtual Pipeline Market
The virtual pipeline market for EVs has its own share of challenges, which seem to arise mainly from infrastructure shortcomings and regulatory hurdles. Investments for anything related to virtual pipeline systems require compression stations, transportation facilities, and storage tanks, and all of those systems suffer delays due to permitting, land acquisition complications, and inconsistent regulatory issues. Such problems have made the scalability of virtual pipelines for EV applications dim, especially in the regions with poorly developed energy infrastructure. Finally, another challenge is in high-cost infrastructure development and operation, severely affecting large-scale deployment. A further important challenge is compatibility with emerging technologies and energy systems for EVs. With EVs now demanding integration of even advanced features like vehicle-to-grid (V2G) technology, energy must be delivered seamlessly from virtual pipelines without compromising efficiency. The lack of standards-based protocols further complicates integration, necessitating collaboration among all stakeholders. By alleviating the hurdles mentioned above with policies and potential partnerships, the evolution of virtual pipeline systems under the purview of the EV sector can be fast-tracked.Risks & Prospects in Virtual Pipeline Market
Virtual pipelines are beginning to find their way into systems for charging EVs to facilitate decentralised energy distribution. The advances in digital technologies, such as IoT-based monitoring systems and AI-based optimisation tools, in turn, which have enhanced operational efficiency and minimised costs, are driving the market. Therefore, the focus on sustainability and carbon neutrality provides an opportunity for these virtual pipelines to couple renewable energy sources, such as biogas, within some EV charging ecosystems. Adoption of virtual pipelines in North America and Europe has guided much of this development, owing to their well-established EV infrastructure and strict environmental regulations. Asia-Pacific is emerging as a growth region, vis-à-vis increasing urbanisation, governmental incentives for the adoption of EVs, and investments in renewable energy projects.Key Target Audience
The virtual pipeline market within the EV sector is most highly targeted towards EV charging infrastructure providers, energy utilities, and fleet operators. The aforementioned virtual pipelines deliver alternative fuels, such as CNG and LNG, to locations without access to physical pipelines. The technology creates faster installations of EV charging stations in remote or underserved regions through distributed energy systems and hybrid charging solutions. This feature is of great importance to fleet operators who have an electric or hybrid vehicle fleet and need reliable and scalable fuelling options in off-grid or rural locations.,, Moreover, government bodies or organizations and clean energy developers also serve as an essential part of the audience. They invest in or subsidise the construction of virtual pipeline networks to help meet decarbonisation and EV standards. Such users build up backup energy into these networks for microgrids linked to EV infrastructure. Logistics providers manage the transport and storage of fuel, making them crucial partners and channel their activities toward moving energy through non-traditional routes. Overall, all the foregoing audiences are producers of this demand for flexible and sustainable fuel delivery systems to support an increasing ecosystem of EVs.Merger and acquisition
The virtual pipeline market focuses on transporting gaseous fuels without fixed infrastructure through numerous mergers and acquisitions designed to upgrade energy distribution capability. In January 2024, Nebula Energy LLC, an oil and gas company from the USA, acquired a majority stake in AG&P LNG for a total consideration of USD 300 million. This strategic acquisition should strengthen Nebula Energy's position in liquefied natural gas (LNG), especially in Asia, where LNG is now increasingly perceived as a serious fuel for reducing carbon emissions. In addition, during August 2022, Kinder Morgan also acquired North American Natural Resources, Inc., and its affiliates for USD 135 million. The purchase comprised seven landfill gas-to-power facilities in Michigan and Kentucky, with prospects to convert four into renewable natural gas plants, thereby committing to a sustainable energy solution. These transactions highlight the industry's focus on expanding virtual pipeline networks for meeting the increasing demand for flexible and efficient gas-transportation solutions. >Analyst Comment
The electric vehicle (EV) virtual pipeline market is emerging as an essential solution for managing transportation and distribution of compressed natural gas (CNG) and other alternative fuels in support of the EV infrastructure. The market delivers fuels using modular systems to places that lack a fixed pipeline network and offers a flexible and economical refuelling option for EV charging stations based on natural gas-powered electricity. Among others, rising EV adoption, government incentives for clean energy, and the need for decentralised energy systems drive this market. The Asia-Pacific region dominates the market as it builds up its EV infrastructure and demands sustainable energy solutions.- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Virtual Pipeline- Snapshot
- 2.2 Virtual Pipeline- Segment Snapshot
- 2.3 Virtual Pipeline- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Virtual Pipeline Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Compressed Natural Gas
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Liquefied Natural Gas
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
5: Virtual Pipeline Market by Application / by End Use
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Industrial
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Transportation
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
- 5.4 Commercial & Residential
- 5.4.1 Key market trends, factors driving growth, and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
6: Competitive Landscape
- 6.1 Overview
- 6.2 Key Winning Strategies
- 6.3 Top 10 Players: Product Mapping
- 6.4 Competitive Analysis Dashboard
- 6.5 Market Competition Heatmap
- 6.6 Leading Player Positions, 2022
7: Company Profiles
- 7.1 Baker Hughes
- 7.1.1 Company Overview
- 7.1.2 Key Executives
- 7.1.3 Company snapshot
- 7.1.4 Active Business Divisions
- 7.1.5 Product portfolio
- 7.1.6 Business performance
- 7.1.7 Major Strategic Initiatives and Developments
- 7.2 Hexagon Composites
- 7.2.1 Company Overview
- 7.2.2 Key Executives
- 7.2.3 Company snapshot
- 7.2.4 Active Business Divisions
- 7.2.5 Product portfolio
- 7.2.6 Business performance
- 7.2.7 Major Strategic Initiatives and Developments
- 7.3 SUB161°
- 7.3.1 Company Overview
- 7.3.2 Key Executives
- 7.3.3 Company snapshot
- 7.3.4 Active Business Divisions
- 7.3.5 Product portfolio
- 7.3.6 Business performance
- 7.3.7 Major Strategic Initiatives and Developments
- 7.4 Galileo Technologies S.A.
- 7.4.1 Company Overview
- 7.4.2 Key Executives
- 7.4.3 Company snapshot
- 7.4.4 Active Business Divisions
- 7.4.5 Product portfolio
- 7.4.6 Business performance
- 7.4.7 Major Strategic Initiatives and Developments
- 7.5 PENTAGON ENERGY
- 7.5.1 Company Overview
- 7.5.2 Key Executives
- 7.5.3 Company snapshot
- 7.5.4 Active Business Divisions
- 7.5.5 Product portfolio
- 7.5.6 Business performance
- 7.5.7 Major Strategic Initiatives and Developments
- 7.6 Xpress Natural Gas LLC
- 7.6.1 Company Overview
- 7.6.2 Key Executives
- 7.6.3 Company snapshot
- 7.6.4 Active Business Divisions
- 7.6.5 Product portfolio
- 7.6.6 Business performance
- 7.6.7 Major Strategic Initiatives and Developments
- 7.7 NG Advantage
- 7.7.1 Company Overview
- 7.7.2 Key Executives
- 7.7.3 Company snapshot
- 7.7.4 Active Business Divisions
- 7.7.5 Product portfolio
- 7.7.6 Business performance
- 7.7.7 Major Strategic Initiatives and Developments
- 7.8 GAS MALAYSIA BERHAD
- 7.8.1 Company Overview
- 7.8.2 Key Executives
- 7.8.3 Company snapshot
- 7.8.4 Active Business Divisions
- 7.8.5 Product portfolio
- 7.8.6 Business performance
- 7.8.7 Major Strategic Initiatives and Developments
- 7.9 SENER group
- 7.9.1 Company Overview
- 7.9.2 Key Executives
- 7.9.3 Company snapshot
- 7.9.4 Active Business Divisions
- 7.9.5 Product portfolio
- 7.9.6 Business performance
- 7.9.7 Major Strategic Initiatives and Developments
- 7.10 CNG Services Ltd
- 7.10.1 Company Overview
- 7.10.2 Key Executives
- 7.10.3 Company snapshot
- 7.10.4 Active Business Divisions
- 7.10.5 Product portfolio
- 7.10.6 Business performance
- 7.10.7 Major Strategic Initiatives and Developments
- 7.11 Edge Gathering Virtual Pipelines 2 LLC
- 7.11.1 Company Overview
- 7.11.2 Key Executives
- 7.11.3 Company snapshot
- 7.11.4 Active Business Divisions
- 7.11.5 Product portfolio
- 7.11.6 Business performance
- 7.11.7 Major Strategic Initiatives and Developments
- 7.12 Clean Fuel Connection Inc.
- 7.12.1 Company Overview
- 7.12.2 Key Executives
- 7.12.3 Company snapshot
- 7.12.4 Active Business Divisions
- 7.12.5 Product portfolio
- 7.12.6 Business performance
- 7.12.7 Major Strategic Initiatives and Developments
- 7.13 Greenville Liquefied Natural Gas Co. Ltd.
- 7.13.1 Company Overview
- 7.13.2 Key Executives
- 7.13.3 Company snapshot
- 7.13.4 Active Business Divisions
- 7.13.5 Product portfolio
- 7.13.6 Business performance
- 7.13.7 Major Strategic Initiatives and Developments
- 7.14 THROTTLE ENERGY INC. TECHNOLOGY
- 7.14.1 Company Overview
- 7.14.2 Key Executives
- 7.14.3 Company snapshot
- 7.14.4 Active Business Divisions
- 7.14.5 Product portfolio
- 7.14.6 Business performance
- 7.14.7 Major Strategic Initiatives and Developments
- 7.15 Solomon Peter Investments Limited
- 7.15.1 Company Overview
- 7.15.2 Key Executives
- 7.15.3 Company snapshot
- 7.15.4 Active Business Divisions
- 7.15.5 Product portfolio
- 7.15.6 Business performance
- 7.15.7 Major Strategic Initiatives and Developments
- 7.16 Certarus Ltd.
- 7.16.1 Company Overview
- 7.16.2 Key Executives
- 7.16.3 Company snapshot
- 7.16.4 Active Business Divisions
- 7.16.5 Product portfolio
- 7.16.6 Business performance
- 7.16.7 Major Strategic Initiatives and Developments
- 7.17 Compass Natural Gas
- 7.17.1 Company Overview
- 7.17.2 Key Executives
- 7.17.3 Company snapshot
- 7.17.4 Active Business Divisions
- 7.17.5 Product portfolio
- 7.17.6 Business performance
- 7.17.7 Major Strategic Initiatives and Developments
8: Analyst Perspective and Conclusion
- 8.1 Concluding Recommendations and Analysis
- 8.2 Strategies for Market Potential
Scope of Report
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Frequently Asked Questions (FAQ):
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