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DUBLIN, Aug. 11, 2020 /PRNewswire/ -- The "Shale Gas Market Size, Share & Trends Analysis Report By Application (Industrial, Power Generation, Residential, Commercial, Transportation), By Region, And Segment Forecasts, 2020 - 2027" report has been added to ResearchAndMarkets.com's offering. The global shale gas market size is expected to reach USD 131.1 billion by 2027, ascending at a CAGR of 8.5% over the forecast period. Rising demand for cleaner combustion energy sources in several end-use applications is likely to drive the market over the forecast period.Profitable production of shale gas, a natural gas trapped in shale formations, relies on accessible demand for it. It has technical characteristics that make it a very useful and flexible fuel, where the delivery infrastructure exists, and it has found uses in the building thermal sector, industrial thermal sector, and power generation. Recent macroeconomic shifts along with fuel supply competitive dynamics have caused the proportions to favor shale gas usage in power generation more and industrial usage less.Shale gas contributes substantial energy to electricity generation and second only to coal in terms of the share of energy supply in global electricity generation. This share is expected to grow over the next few decades in response to the economic and environmental limits of coal generation, at least where natural gas is a viable alternative. This end-use application is expected to drive the market over the forecast period.The shale gas supply chain includes production and processing, gas transmission and storage, and distribution to city gate, large volume customers, residential customers, and commercial customers. Development of hydraulic fracturing technology along with horizontal drilling technique is expected to boost economical production of shale gas, thereby strengthening the upstream segment of the supply chain.Shale Gas Market Report Highlights North America occupied the largest market revenue share in 2019, with U.S. being the major contributor to the regional market. Abundant shale gas reserves along with development of advanced drilling technology are among the key factors influencing industry growth Potential shale gas resources in China are attracting huge investments from major market players all over the world in order to extract and produce unconventional gas from the reserves The power generation segment occupied the largest market share of 36.1% in 2019 owing to growing demand of natural gas in coal-to-gas electricity generation plants The transportation sector is estimated to witness a significant CAGR owing to increasing number of Compressed Natural Gas (CNG) fueled vehicles across the automotive industry. Key Topics Covered: Chapter 1. Methodology and Scope1.1. Market segmentation & scope1.2. Information procurement1.2.1. Purchased database1.2.2. Internal database1.2.3. Secondary sources &third-party perspectives1.2.4. Primary research1.3. Information analysis1.3.1. Data analysis models1.4. Market formulation & data visualization1.5. Data validation & publishingChapter 2. Executive Shale gasChapter 3. Market DefinitionsChapter 4. Shale gas Market Variables, Trends & Scope4.1. Market Size and Growth Prospects4.2. Industry Value Chain Analysis4.3. Market Dynamics4.3.1. Market Driver Analysis4.3.1.1. Advancement in drilling technology4.3.1.2. Abundant reserves4.3.2. Market Restraint/ Challenges Analysis4.3.2.1. High production cost4.4. Penetration & Growth Prospect Mapping4.5. Business Environment Analysis Tools4.5.1. Industry Analysis - Porter's4.5.2. PEST Analysis4.6. Company Market Share Analysis, 2019Chapter 5. Shale gas Market Application Outlook5.1. Market Size Estimates & Forecasts and Trend Analysis, 2016 - 2027 (Bcf) (USD Billion)5.2. Industrial5.2.1. Market Estimates and forecasts by region, 2016 - 2027 (Bcf) (USD Billion)5.3. Power Generation5.3.1. Market Estimates and forecasts by region, 2016 - 2027 (Bcf) (USD Billion)5.4. Residential5.4.1. Market Estimates and forecasts by region, 2016 - 2027 (Bcf) (USD Billion)5.5. Commercial5.5.1. Market Estimates and forecasts by region, 2016 - 2027 (Bcf) (USD Billion)5.6. Transportation5.6.1. Market Estimates and forecasts by region, 2016 - 2027 (Bcf) (USD Billion)Chapter 6. Shale Gas Market Regional Outlook6.1. Shale gas Market, By Region, 2019 & 20276.2. North America6.2.1. Market Estimates and forecasts by application, 2016 - 2027 (Bcf) (USD Billion)6.2.2. U.S.6.2.2.1. Market Estimates and forecasts by application, 2016 - 2027 (Bcf) (USD Billion)6.2.3. Canada6.2.3.1. Market Estimates and forecasts by application, 2016 - 2027 (Bcf) (USD Billion)6.2.4. Mexico6.2.4.1. Market Estimates and forecasts by application, 2016 - 2027 (Bcf) (USD Billion)6.3. ROW6.3.1. Market Estimates and forecasts by application, 2016 - 2027 (Bcf) (USD Billion)6.3.2. China6.3.2.1. Market Estimates and forecasts by application, 2016 - 2027 (Bcf) (USD Billion)6.3.3. Argentina6.3.3.1. Market Estimates and forecasts by application, 2016 - 2027 (Bcf) (USD Billion)6.3.4. Algeria6.3.4.1. Market Estimates and forecasts by application, 2016 - 2027 (Bcf) (USD Billion)6.3.5. South Africa6.3.5.1. Market Estimates and forecasts by application, 2016 - 2027 (Bcf) (USD Billion)Chapter 7. Competitive Landscape7.1. Royal Dutch Shell PLC7.1.1. Company overview7.1.2. Financial performance7.1.3. Product benchmarking7.1.4. Recent developments7.2. ConocoPhillips7.2.1. Company overview7.2.2. Financial performance7.2.3. Product benchmarking7.2.4. Recent developments7.3. PetroChina Company Limited7.3.1. Company overview7.3.2. Financial performance7.3.3. Product benchmarking7.3.4. Recent developments7.4. Exxon Mobil Corporation7.4.1. Company overview7.4.2. Financial performance7.4.3. Product benchmarking7.4.4. Recent developments7.5. Chevron Corporation7.5.1. Company overview7.5.2. Product benchmarking7.5.3. Product benchmarking7.5.4. Recent developments7.6. Chesapeake Energy Corporation7.6.1. Company overview7.6.2. Financial performance7.6.3. Product benchmarking7.6.4. Recent developments7.7. Equinor ASA7.7.1. Company overview7.7.2. Financial performance7.7.3. Product benchmarking7.7.4. Recent developments7.8. Repsol SA7.8.1. Company overview7.8.2. Financial performance7.8.3. Product benchmarking7.8.4. Recent developments7.9. Southwestern Energy Company7.9.1. Company overview7.9.2. Financial performance7.9.3. Product benchmarking7.9.4. Recent developments7.10. SINOPEC/Shs7.10.1. Company overview7.10.2. Financial performance7.10.3. Product benchmarking7.10.4. Recent developmentsFor more information about this report visit https://www.researchandmarkets.com/r/f5pstb Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. 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Answer: $131 Billion Worldwide Shale Gas Industry to 2027 - Advancement in Drilling Technology to Drive the Market