NEW YORK, Nov. 26, 2014 /PRNewswire/ -- About Natural Gas Storage
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 peak and off-peak seasons. Generally, natural gas is stored during off-peak season and utilized during peak season. This will reduce the demand and supply gap and increase the reliability of supply.
TechNavio's analysts forecast the Global Natural Gas Storage market to grow at a CAGR of 5.7 percent over the period 2013-2018.
Covered in this Report
The Global Natural Gas Storage market can be segmented into two types: Aboveground Storage and Underground Storage.
TechNavio's report, Global Natural Gas Storage Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Natural Gas Storage market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
• Americas
• APAC
• EMEA
Key Vendors
• Centrica
• GDF SUEZ
• Niska Gas Storage Partners
• Samsung Heavy Industries
• Spectra Energy
Other Prominent Vendors
• Chiyoda
• E-on
• Foster Wheeler
• Technip
• Worley Parsons
Market Driver
• Growing Need for Energy Security
• For a full, detailed list, view our report
Market Challenge
• Capital-intensive Market
• For a full, detailed list, view our report
Market Trend
• Need to Enhance Gas Distribution System
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2018 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?
Read the full report: http://www.reportlinker.com/p02464354-summary/view-report.html
About Reportlinker
ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place.
http://www.reportlinker.com
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SOURCE Reportlinker
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