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Compressed Natural Gas (CNG) Compressors Market, Global Outlook and Forecast 2023-2029

Compressed Natural Gas (CNG) Compressors Market, Global Outlook and Forecast 2023-2029

  • Published on : 27 March 2023
  • Pages :112
  • Report Code:SMR-7616332

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Report overview

CNG is a fuel made by compressing natural gas or biogas to less than 1% of its volume. Once compressed, CNG is stored and distributed at a significantly lower cost than gasoline or diesel. Compressed Natural Gas (CNG) Compressors is mechanical device that increases the pressure of natural gas. Compressors are similar to pumps: both increase the pressure on a fluid and both can transport the fluid through a pipe. As gases are compressible, the compressor also reduces the volume of a gas.
This report aims to provide a comprehensive presentation of the global market for Compressed Natural Gas (CNG) Compressors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Compressed Natural Gas (CNG) Compressors. This report contains market size and forecasts of Compressed Natural Gas (CNG) Compressors in global, including the following market information:
Global Compressed Natural Gas (CNG) Compressors Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Compressed Natural Gas (CNG) Compressors Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Compressed Natural Gas (CNG) Compressors companies in 2022 (%)
The global Compressed Natural Gas (CNG) Compressors market was valued at US$ 4741.3 million in 2022 and is projected to reach US$ 5871.2 million by 2029, at a CAGR of 3.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key manufactuers of compressed natural gas (CNG) compressors include Siemens, Atlas Copco, MAN Energy Solutions, etc. The top three players hold a share around 38%. Europe is the largest market, has a share about 35%, followed by Americas and Asia-Pacific, with share 31% and 30%, separately.
We surveyed the Compressed Natural Gas (CNG) Compressors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Compressed Natural Gas (CNG) Compressors Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Compressed Natural Gas (CNG) Compressors Market Segment Percentages, by Type, 2022 (%)
Reciprocating Type
Rotary Type
Global Compressed Natural Gas (CNG) Compressors Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Compressed Natural Gas (CNG) Compressors Market Segment Percentages, by Application, 2022 (%)
Pipeline Transportation
Gas Storage
Gas Station
Others
Global Compressed Natural Gas (CNG) Compressors Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Compressed Natural Gas (CNG) Compressors Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Compressed Natural Gas (CNG) Compressors revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Compressed Natural Gas (CNG) Compressors revenues share in global market, 2022 (%)
Key companies Compressed Natural Gas (CNG) Compressors sales in global market, 2018-2023 (Estimated), (Units)
Key companies Compressed Natural Gas (CNG) Compressors sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Siemens
Atlas Copco
MAN Energy Solutions
Kobelco
Exterran
Ingersoll Rand
Burckhardt
Ariel Corporation
Sinopec Oilfield
Xian Shaangu Power
Shenyang Blower Works Group
CIMC ENRIC
Bauer
CNPC Jichai Power Company
ANGI Energy Systems
Outline of Major Chapters:
Chapter 1: Introduces the definition of Compressed Natural Gas (CNG) Compressors, market overview.
Chapter 2: Global Compressed Natural Gas (CNG) Compressors market size in revenue and volume.
Chapter 3: Detailed analysis of Compressed Natural Gas (CNG) Compressors manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Compressed Natural Gas (CNG) Compressors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Compressed Natural Gas (CNG) Compressors capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.