In 2023, the length of gas transmission pipelines in the US was approximately 301.60 thousand lane miles. The forecast indicates a marginal annual increase, reaching 301.63 thousand lane miles by 2028. The year-on-year growth rate from 2023 to 2028 is nearly stagnant, signifying a plateaued trend in pipeline expansion. The compound annual growth rate (CAGR) over this period is negligible, depicting stability rather than growth in infrastructure development.
Future trends to watch:
- Investment in renewable energy sources may impact future demand for gas pipelines.
- Regulatory changes around fossil fuels could alter expansion projections.
- Technological advancements in alternative fuel sources may drive infrastructure shifts.