NAICS Code 486210-01 - Gas Transmission Companies
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NAICS Code 486210-01 Description (8-Digit)
Hierarchy Navigation for NAICS Code 486210-01
Parent Code (less specific)
Tools
Tools commonly used in the Gas Transmission Companies industry for day-to-day tasks and operations.
- Compressor stations
- Pipeline inspection gauges
- Pressure relief valves
- Gas chromatographs
- Flow meters
- Pigging equipment
- Leak detection systems
- Cathodic protection equipment
- Pipeline cleaning tools
- Welding equipment
Industry Examples of Gas Transmission Companies
Common products and services typical of NAICS Code 486210-01, illustrating the main business activities and contributions to the market.
- Gas pipeline operators
- Gas transmission companies
- Gas distribution companies
- Gas storage companies
- Gas processing plants
- Gas compressor station operators
- Gas metering and regulation companies
- Gas pipeline construction companies
- Gas pipeline maintenance companies
- Gas pipeline engineering firms
Certifications, Compliance and Licenses for NAICS Code 486210-01 - Gas Transmission Companies
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Pipeline and Hazardous Materials Safety Administration (PHMSA) Pipeline Safety Regulations: PHMSA is responsible for ensuring the safe and secure movement of hazardous materials to industry and consumers by all modes of transportation, including pipelines. Gas transmission companies must comply with PHMSA's pipeline safety regulations to ensure the safe operation of their pipelines.
- Federal Energy Regulatory Commission (FERC) Certificate Of Public Convenience and Necessity: Gas transmission companies must obtain a certificate of public convenience and necessity from FERC before constructing, operating, or modifying interstate natural gas pipelines. This certificate ensures that the pipeline is in the public interest and meets all safety and environmental standards.
- Occupational Safety and Health Administration (OSHA) Safety Standards: Gas transmission companies must comply with OSHA's safety standards to ensure the safety of their employees and the public. These standards cover a wide range of topics, including hazard communication, personal protective equipment, and emergency response.
- Environmental Protection Agency (EPA) Clean Air Act: Gas transmission companies must comply with the Clean Air Act to reduce air pollution and protect public health and the environment. This act sets national air quality standards and requires companies to obtain permits for their emissions.
- National Environmental Policy Act (NEPA) Environmental Impact Statement: Gas transmission companies must prepare an environmental impact statement under NEPA before constructing or modifying a pipeline. This statement evaluates the potential environmental impacts of the project and identifies ways to mitigate those impacts.
History
A concise historical narrative of NAICS Code 486210-01 covering global milestones and recent developments within the United States.
- Gas transmission companies have been around for over a century, with the first natural gas pipeline being built in 1891 in the United States. The industry has since grown to become a vital part of the global energy sector, with pipelines spanning across continents and oceans. Notable advancements in the industry include the development of high-pressure pipelines, which allowed for the transportation of natural gas over longer distances, and the use of computerized control systems to monitor and regulate pipeline operations. In recent history, the industry has faced challenges such as pipeline safety concerns and environmental regulations, but has continued to play a crucial role in meeting the world's energy demands. In the United States, the gas transmission industry has undergone significant changes in recent decades. The deregulation of the natural gas industry in the 1980s led to increased competition and the emergence of new players in the market. The industry has also seen a shift towards the use of natural gas as a cleaner alternative to other fossil fuels, leading to increased demand for gas transmission services. In the early 2000s, the industry faced a major challenge with the Enron scandal, which led to increased scrutiny and regulation of the industry. Despite these challenges, the gas transmission industry in the United States has continued to grow and evolve to meet the changing needs of the energy market.
Future Outlook for Gas Transmission Companies
The anticipated future trajectory of the NAICS 486210-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The Gas Transmission Companies industry is expected to experience steady growth in the coming years. The industry is expected to benefit from the increasing demand for natural gas, which is a cleaner and more efficient source of energy than other fossil fuels. Additionally, the industry is expected to benefit from the growing demand for natural gas from the industrial and power generation sectors. However, the industry is also expected to face challenges such as increasing competition from other energy sources and regulatory pressures. Overall, the Gas Transmission Companies industry is expected to continue to play a critical role in the US energy sector in the coming years.
Industry Innovations for NAICS Code 486210-01
Recent groundbreaking advancements and milestones in the Gas Transmission Companies industry, reflecting notable innovations that have reshaped its landscape.
- Expansion Of Natural Gas Pipelines: Gas Transmission Companies have been expanding their pipeline networks to meet the growing demand for natural gas. For example, in 2020, Dominion Energy announced plans to build a new natural gas pipeline in West Virginia.
- Use Of Advanced Technologies: Gas Transmission Companies are increasingly using advanced technologies such as drones and sensors to monitor their pipeline networks and detect leaks. For example, in 2019, Williams Companies announced that it had successfully tested a drone to monitor its pipeline network.
- Investment In Renewable Natural Gas: Some Gas Transmission Companies are investing in renewable natural gas, which is produced from organic waste. For example, in 2020, Southern California Gas Company announced plans to invest in renewable natural gas projects.
- Collaboration with Other Industries: Gas Transmission Companies are collaborating with other industries such as the transportation sector to promote the use of natural gas as a transportation fuel. For example, in 2019, Sempra Energy announced a partnership with the Port of San Diego to promote the use of natural gas as a transportation fuel.
- Focus on Safety: Gas Transmission Companies are focusing on safety measures to prevent accidents and ensure the safe operation of their pipeline networks. For example, in 2020, Enbridge announced plans to invest $1.8 billion in pipeline safety measures.
NAICS Code 486210-01 - Gas Transmission Companies
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