Based on the data from 2024 to 2028, the natural gas consumption in the machinery sector shows a steady upward trend.
- 2024: 6.74 Thousand Terajoules
- 2025: 6.81 Thousand Terajoules (1.04% YoY)
- 2026: 6.87 Thousand Terajoules (0.88% YoY)
- 2027: 6.93 Thousand Terajoules (0.87% YoY)
- 2028: 6.99 Thousand Terajoules (0.87% YoY)
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 0.91%, indicating a stable increase in consumption.
Watch out for innovations in energy efficiency practices and alternative energy sources that could potentially limit the growth in natural gas consumption. Policy changes and technological advancements in the machinery sector may further influence these trends.