- The shale gas market is witnessing steady growth due to technological advancements in extraction processes and increasing energy demand across industrial sectors
- Companies are focusing on improving efficiency and output through innovations in drilling techniques and well optimization strategies
- North America dominated the shale gas market with the largest revenue share in 2024, driven by advanced extraction technologies and significant proven reserves, particularly in the U.S. The region benefits from well-established infrastructure, favorable regulatory support, and a mature energy market that encourages investment and exploration
- The Asia-Pacific region is expected to witness the highest growth rate in the global shale gas market, driven by increasing energy demand, supportive government policies, and rising investments in exploration across countries such as China, India, and Australia
- The power generation segment held the largest market revenue share in 2024, driven by the growing demand for low-emission energy sources and the replacement of coal-fired plants. Shale gas provides a cleaner alternative for electricity generation and helps reduce carbon footprints, aligning with international climate commitments. The sector benefits from stable supply and pricing, making it an attractive option for energy providers aiming to meet rising consumption needs
