미드스트림 석유 및 가스 장비 시장 - 산업 규모, 점유율, 동향, 기회, 예측 : 유형별, 용도별, 지역별 경쟁(2021-2031년)

The Global Midstream Oil and Gas Equipment Market is projected to expand from USD 38.91 Billion in 2025 to USD 59.65 Billion by 2031, registering a compound annual growth rate (CAGR) of 7.38%. This sector encompasses the vital infrastructure and machinery necessary to transport, stockpile, and refine crude oil and natural gas from extraction sites to refineries. Essential components of this market include transmission pipelines, storage tanks, and liquefaction terminals, along with critical hardware such as valves, pumps, and compressors. The market's growth is primarily driven by increasing global energy consumption and the strategic requirement to connect geographically dispersed production areas with consumption hubs, which demands the continuous enhancement of transit networks.

Despite this positive growth trajectory, the industry faces significant obstacles due to strict environmental regulations and intricate permitting procedures that often delay cross-border infrastructure projects. These legislative hurdles can drastically increase project costs and discourage investment in new capacities. However, the sector demonstrates considerable resilience; according to the International Gas Union, global liquefied natural gas trade volumes rose by 2.4% to 411.24 million tonnes in 2024, fueling a sustained demand for specialized midstream processing and transport facilities.

Market Driver

The rapid expansion of Liquefied Natural Gas (LNG) terminals and transport infrastructure acts as a major catalyst for the midstream equipment sector. As geopolitical changes drive the need for diversified energy imports, nations are accelerating the construction of liquefaction and regasification facilities, which creates demand for specialized cryogenic storage tanks, heavy-duty compressors, and loading arms. This infrastructure build-out is essential for managing the complex logistics involved in converting gas to liquid for maritime trade and subsequent distribution. According to the International Energy Agency's 'Gas Market Report, Q1-2024' released in January 2024, global gas demand is anticipated to grow by 2.5% in 2024, a resurgence that obliges operators to expand processing capacities and procure related hardware to manage increasing trade flows.

Concurrently, the development of cross-border and domestic pipeline infrastructure is vital for connecting extraction zones with industrial consumers. This driver supports the demand for high-strength line pipes, valves, and automated metering stations necessary to maintain pressure and flow assurance over vast distances. Extensive transmission networks are being constructed to move resources from remote basins to export hubs, directly impacting equipment order books. Highlighting the capital-intensive nature of these connectivity projects, Global Energy Monitor's 'Global Gas Infrastructure Tracker' from May 2024 notes that approximately 70,500 kilometers of gas transmission pipelines are under construction globally. Supporting these investments is the fundamental need to handle rising output; the U.S. Energy Information Administration expects global liquid fuel production to increase by nearly 0.6 million barrels per day in 2024, ensuring a consistent workload for midstream equipment providers.

Market Challenge

Strict environmental regulations and complicated permitting processes establish significant operational barriers that directly impede the expansion of the midstream oil and gas equipment sector. When regulatory bodies enforce extended review periods or more stringent compliance mandates, critical infrastructure projects such as transmission pipelines and liquefaction terminals often face substantial delays or outright cancellations. This unpredictability disrupts the supply chain, as the demand for essential components like compressors, pumps, and storage tanks relies heavily on the timely progression of these capital-intensive construction initiatives.

Consequently, the uncertainty surrounding project approvals discourages investment and creates a volatile environment for equipment manufacturers planning future production. This legislative friction results in a measurable reduction in infrastructure development. For instance, the American Petroleum Institute reported that in 2024, a federal regulatory pause on new liquefied natural gas export authorizations affected planned projects representing nearly 90 million tonnes per annum of capacity. Such policy-driven interruptions restrict the scope of market opportunities and constrain the deployment of necessary midstream assets.

Market Trends

The adoption of Advanced Methane Leak Detection and Repair (LDAR) solutions is transforming the midstream equipment landscape as operators prioritize emissions reduction to meet rigorous environmental targets. This trend marks a significant shift from periodic manual inspections to continuous, automated monitoring utilizing fixed sensors, drone-mounted infrared cameras, and satellite-integrated analytics platforms. These technologies allow for the real-time identification of fugitive emissions, necessitating substantial procurement of high-sensitivity detection hardware and associated data processing units. According to the International Energy Agency's 'Global Methane Tracker 2024' published in March 2024, the global fossil fuel industry must invest approximately USD 170 billion by 2030 to implement necessary methane abatement measures, a capital requirement that is directly fueling the market for specialized monitoring instrumentation.

At the same time, the sector is increasingly retrofitting existing pipeline networks and compression infrastructure to accommodate hydrogen and carbon capture, utilization, and storage (CCUS) applications. Transporting these alternative media requires upgrading steel metallurgy to prevent hydrogen embrittlement and installing high-pressure, supercritical CO2 compressors that differ substantially from standard natural gas units. This repurposing strategy enables midstream companies to extend the commercial life of legacy assets while aligning with global decarbonization goals. As noted by the Global CCS Institute in the '2024 Global Status of CCS Report' from October 2024, the total number of carbon capture and storage projects in the development pipeline increased by 60% year-over-year to 628, indicating a robust trajectory of infrastructure adaptation that demands specialized valves, metering, and compression equipment.

Key Market Players

• Schlumberger Limited
• Baker Hughes Company
• Halliburton Company
• General Electric Company
• National Oilwell Varco Inc.
• Tenaris S.A.
• ABB Ltd.
• Flowserve Corporation
• Caterpillar Inc.
• Emerson Electric Company

Report Scope

In this report, the Global Midstream Oil and Gas Equipment Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Midstream Oil and Gas Equipment Market, By Type

• Pipes
• Rail Tank Cars
• Gas Processing Equipment
• Storage Tanks
• Pumps
• Valves & Compressors

Midstream Oil and Gas Equipment Market, By Application

• Pipelines
• Natural Gas Processing Plant
• LNG/LPG Facilities
• Crude by Rail
• Others

Midstream Oil and Gas Equipment Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Midstream Oil and Gas Equipment Market.

Available Customizations:

Global Midstream Oil and Gas Equipment Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Midstream Oil and Gas Equipment Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Type (Pipes, Rail Tank Cars, Gas Processing Equipment, Storage Tanks, Pumps, Valves & Compressors)
  • 5.2.2. By Application (Pipelines, Natural Gas Processing Plant, LNG/LPG Facilities, Crude by Rail, Others)
  • 5.2.3. By Region
  • 5.2.4. By Company (2025)
• 5.3. Market Map

6. North America Midstream Oil and Gas Equipment Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Type
  • 6.2.2. By Application
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Midstream Oil and Gas Equipment Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Type
      • 6.3.1.2.2. By Application
  • 6.3.2. Canada Midstream Oil and Gas Equipment Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Type
      • 6.3.2.2.2. By Application
  • 6.3.3. Mexico Midstream Oil and Gas Equipment Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Type
      • 6.3.3.2.2. By Application

7. Europe Midstream Oil and Gas Equipment Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
  • 7.2.2. By Application
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Midstream Oil and Gas Equipment Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Type
      • 7.3.1.2.2. By Application
  • 7.3.2. France Midstream Oil and Gas Equipment Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Type
      • 7.3.2.2.2. By Application
  • 7.3.3. United Kingdom Midstream Oil and Gas Equipment Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Type
      • 7.3.3.2.2. By Application
  • 7.3.4. Italy Midstream Oil and Gas Equipment Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Type
      • 7.3.4.2.2. By Application
  • 7.3.5. Spain Midstream Oil and Gas Equipment Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Type
      • 7.3.5.2.2. By Application

8. Asia Pacific Midstream Oil and Gas Equipment Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Application
  • 8.2.3. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Midstream Oil and Gas Equipment Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Type
      • 8.3.1.2.2. By Application
  • 8.3.2. India Midstream Oil and Gas Equipment Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Type
      • 8.3.2.2.2. By Application
  • 8.3.3. Japan Midstream Oil and Gas Equipment Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Type
      • 8.3.3.2.2. By Application
  • 8.3.4. South Korea Midstream Oil and Gas Equipment Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Type
      • 8.3.4.2.2. By Application
  • 8.3.5. Australia Midstream Oil and Gas Equipment Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Type
      • 8.3.5.2.2. By Application

9. Middle East & Africa Midstream Oil and Gas Equipment Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Application
  • 9.2.3. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Midstream Oil and Gas Equipment Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Type
      • 9.3.1.2.2. By Application
  • 9.3.2. UAE Midstream Oil and Gas Equipment Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Type
      • 9.3.2.2.2. By Application
  • 9.3.3. South Africa Midstream Oil and Gas Equipment Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Type
      • 9.3.3.2.2. By Application

10. South America Midstream Oil and Gas Equipment Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Type
  • 10.2.2. By Application
  • 10.2.3. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Midstream Oil and Gas Equipment Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Type
      • 10.3.1.2.2. By Application
  • 10.3.2. Colombia Midstream Oil and Gas Equipment Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Type
      • 10.3.2.2.2. By Application
  • 10.3.3. Argentina Midstream Oil and Gas Equipment Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Type
      • 10.3.3.2.2. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Midstream Oil and Gas Equipment Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Schlumberger Limited
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Baker Hughes Company
• 15.3. Halliburton Company
• 15.4. General Electric Company
• 15.5. National Oilwell Varco Inc.
• 15.6. Tenaris S.A.
• 15.7. ABB Ltd.
• 15.8. Flowserve Corporation
• 15.9. Caterpillar Inc.
• 15.10. Emerson Electric Company

16. Strategic Recommendations

17. About Us & Disclaimer