Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
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.
CNG Compressor 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.
Market Analysis and Insights: Global CNG Compressors Market
Due to the COVID-19 pandemic, the global CNG Compressors market size is estimated to be worth US$ 4550.4 million in 2021 and is forecast to a readjusted size of US$ 4550.4 million by 2028 with a CAGR of 3.2% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the CNG Compressors global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global CNG Compressors key players include Siemens, Atlas Copco, Ingersoll Rand, Exterran, Kobelco, etc.
North America is the largest market, with a share about 25%, followed by China, and Europe, both have a share over 40 percent.
In terms of product, Reciprocating Type is the largest segment, with a share about 80%. And in terms of application, the largest application is Gas station, followed by Pipeline transportation, Gas storage, etc.
Global CNG Compressors Scope and Market Size
The global CNG Compressors market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global CNG Compressors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Rotary Type
Reciprocating Type
Segment by Application
Pipeline transportation
Gas storage
Gas station
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Siemens
Atlas Copco
Exterran
Ingersoll Rand
MAN Turbo
Kobelco
Wärtsilä
Galileo Technologies
Ariel Corporation
Chicago Pneumatic
Propak Systems
Bauer Compressors
Sinopec Oilfield Eouipment Corporation
Xian Shaangu Power
CIMC ENRIC
CNG Compressor 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.
Market Analysis and Insights: Global CNG Compressors Market
Due to the COVID-19 pandemic, the global CNG Compressors market size is estimated to be worth US$ 4550.4 million in 2021 and is forecast to a readjusted size of US$ 4550.4 million by 2028 with a CAGR of 3.2% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the CNG Compressors global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global CNG Compressors key players include Siemens, Atlas Copco, Ingersoll Rand, Exterran, Kobelco, etc.
North America is the largest market, with a share about 25%, followed by China, and Europe, both have a share over 40 percent.
In terms of product, Reciprocating Type is the largest segment, with a share about 80%. And in terms of application, the largest application is Gas station, followed by Pipeline transportation, Gas storage, etc.
Global CNG Compressors Scope and Market Size
The global CNG Compressors market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global CNG Compressors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Rotary Type
Reciprocating Type
Segment by Application
Pipeline transportation
Gas storage
Gas station
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Siemens
Atlas Copco
Exterran
Ingersoll Rand
MAN Turbo
Kobelco
Wärtsilä
Galileo Technologies
Ariel Corporation
Chicago Pneumatic
Propak Systems
Bauer Compressors
Sinopec Oilfield Eouipment Corporation
Xian Shaangu Power
CIMC ENRIC
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
