The article cited AMA's Global Urban Gas Market Study explored substantial growth with CAGR of 3.9%. According the report, Rising Demand for Sustainable Fuel Alternatives for Transport is one of the primary growth factors for the market. Increasing Power Demand Owing To Continuous Population Growth and Urbanization in Developing Nations
is also expected to contribute significantly to the Urban Gas market. Overall, Residential
applications of Urban Gas, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as China Petrochemical Corporation (Sinopec Group) (China), China National Petroleum (China), Royal Dutch Shell (Netherlands), Saudi Aramco (Saudi Arabia), Total (France), Gazprom (Russia), China Resources Gas (Hong Kong), China Gas Holdings Ltd. (Hong Kong), ENN Energy Holdings Limited (China) and Tianjin Energy Investment Co Ltd (China) may see astonishing sales in this Market and certainly improve revenue growth.
The Distribution Channel, such as Gas Cylinders, is boosting the Urban Gas market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Urban Gas market identified that the demand is rising in many different parts of the world as "Coal to Gas Switching In Buildings and Industries to Adopt Clean Energy Resources
". Furthermore, some recent industry insights like "In March 2024, The Jameel C40 Urban Planning Climate Lab aims to help Chennai Metropolitan Development Authority (CMDA) in revising its master planning documents by better integrating climate objectives and adapting to climate risks. CMDA is currently engaged in a process to develop a Third Master Plan (2026-2046) focused on building climate resilience and improving the adaptive ability of the Chennai Metropolitan Area." is constantly making the industry dynamic. One of the challenges that industry facing is "Risk of Pipeline Network Failure"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Urban Gas market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Urban Gas market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Urban Gas market tight? Which application/end-user category or Product Type [Natural Gas, Manufactured Gas and Liquefied Petroleum Gas (LPG)] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Urban Gas market and other related sub-markets covered in the study.
o Key & emerging players in the Urban Gas market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Urban Gas market size is calculated using market estimation process, the Urban Gas market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Urban Gas market size has been validated using both top-down and bottom-up approaches.