Global CNG Compressor Aftermarket 2017-2021

  • ID: 4115363
  • Report
  • Region: Global
  • 57 pages
  • TechNavio
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FEATURED COMPANIES

  • ANGI Energy Systems
  • Atlas Copco
  • Chicago Pneumatic
  • Cryostar
  • Deep Industries
  • Fornovo Gas
  • MORE
About CNG Compressor Aftermarket

The CNG compressor aftermarket includes spare parts used for both preventive and repair maintenance requirements of the equipment. The aftermarket excludes service charges. CNG compressor replacement and spare parts.

The analysts forecast the global CNG compressor aftermarket to grow at a CAGR of 2.42% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of global CNG compressor aftermarket for 2017-2021. To calculate the market size, the report covers the present scenario and the growth prospects of the global CNG compressor aftermarket for the period 2017-2021.

The market is divided into the following segments based on geography:
- APAC
- Americas
- Europe
- ROW

The report, Global CNG Compressor Aftermarket 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- Atlas Copco
- Ariel Corporation
- Clean Energy Compression
- BAUER Compressors
- Ingersoll Rand

Other prominent vendors
- J-W Energy Company
- Fornovo Gas
- Natural Gas Compression Systems
- John Energy
- Natural Gas Services Group
- Sopan O&M
- CSI Compressco
- Diversified Industrial Service Company
- ANGI Energy Systems
- Everflo Compression
- Kodiak Gas Services
- Deep Industries
- Chicago Pneumatic
- Cryostar

Market drivers
- Growing use of CNG as fuel
- For a full, detailed list, view the full report

Market challenges
- Volatility in oil prices
- For a full, detailed list, view the full report

Market trends
- Government support for NGV infrastructure
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ANGI Energy Systems
  • Atlas Copco
  • Chicago Pneumatic
  • Cryostar
  • Deep Industries
  • Fornovo Gas
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market size and forecast

Five forces analysis

PART 06: Geographical segmentation

APAC

Americas

EMEA

PART 07: Market drivers

Growing use of CNG as fuel

Competitive and stable prices in comparison to other fossil fuels

Rise in adoption of NGVs

PART 08: Market challenges

Volatility in oil prices

Rise in demand for EVs

Lack of proper infrastructure

PART 09: Impact of drivers and challenges

PART 10: Market trends

Government support for NGV infrastructure

Increase in alternative fuels

CNG gaining popularity in two-wheeler market

PART 11: Vendor landscape

PART 12: Key vendor analysis

Ariel Corporation

Atlas Copco

BAUER Compressors

Clean Energy Compression

Ingersoll Rand

PART 13: Appendix

List of abbreviations

PART 14: About the Author

List of Exhibits
Exhibit 01: Types of promotion for NGVs
Exhibit 02: Cost component breakup of gasoline and CNG
Exhibit 03: Global CNG compressor aftermarket market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global CNG compressor aftermarket 2016-2021 ($ millions)
Exhibit 06: CNG compressor aftermarket in APAC 2016-2021 ($ millions)
Exhibit 07: CNG compressor aftermarket in Americas 2016-2021 ($ millions)
Exhibit 08: CNG compressor market in EMEA 2016-2021 ($ millions)
Exhibit 09: World emissions 1995-2035 (billion tons CO‚‚)
Exhibit 10: GHG emissions by sector 2014
Exhibit 11: Natural gas reserves 1995-2015 (Tcm)
Exhibit 12: Total number of NGVs worldwide 2009-2014 (units in millions)
Exhibit 13: Crude oil prices 2011-2015 (% change)
Exhibit 14: Global EV sales outlook 2011-2020 (million units)
Exhibit 15: Cost for a bus to travel 100 km
Exhibit 16: Impact of drivers and challenges
Exhibit 17: Pathway of organic waste to upgraded biogas
Exhibit 18: Two-wheeler market in India 2012-2016 (units in millions)
Exhibit 19: Geographic presence of key vendors
Exhibit 20: Ariel Corporation: Product portfolio
Exhibit 21: BAUER Compressors: Product portfolio
Exhibit 22: BAUER Compressors: CNG compressor product portfolio
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ANGI Energy Systems
  • Atlas Copco
  • Chicago Pneumatic
  • Cryostar
  • Deep Industries
  • Fornovo Gas
  • MORE
New Report Released: – Global CNG Compressor Aftermarket 2017-2021

The author of the report recognizes the following companies as the key players in the global CNG compressor aftermarket: Ariel Corporation, Atlas Copco, BAUER Compressors, Clean Energy Compression, and Ingersoll Rand.

Other Prominent Vendors in the market are: J-W Energy Company, Fornovo Gas, Natural Gas Compression Systems, John Energy, Natural Gas Services Group, Sopan O&M, CSI Compressco, Diversified Industrial Service Company, ANGI Energy Systems, Everflo Compression, Kodiak Gas Services, Deep Industries, Chicago Pneumatic, and Cryostar.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is government support for NGV infrastructure. Natural gas has the potential to contribute toward climate change mitigation. Increasing natural gas infrastructure developments will drive this trend. The development of NGV fueling stations is strongly supported by governments in various countries. In the US, CNG and LNG are considered as alternate fuels.”

According to the report, one of the major drivers for this market is growing use of CNG as fuel. The transportation sector alone contributed about 14% of the total GHG emissions across all the sectors in 2014. GHG emissions adversely affect the environment, leading to several health problems. To curb the widespread pollution from vehicles, governments of various countries are taking initiatives to replace gasoline and diesel with CNG in the transportation sector. This is because gasoline and diesel are responsible for harmful emissions. To reduce emissions and meet stringent anti-pollution norms, governments are promoting the use of CNG fuel and NGVs.

Further, the report states that one of the major factors hindering the growth of this market is volatility in oil prices. The volatility in oil and gas price has affected the CNG compressor aftermarket. The recent fall in crude oil prices will upset NGV sales across the globe. This will affect the vendors installing or planning to install CNG refueling stations. This is expected to hinder the demand for CNG compressors in refueling stations, which, in turn, will affect CNG compressor aftermarket.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Ariel Corporation
  • Atlas Copco
  • BAUER Compressors
  • Clean Energy Compression
  • Ingersoll Rand
  • J-W Energy Company
  • Fornovo Gas
  • Natural Gas Compression Systems
  • John Energy
  • Natural Gas Services Group
  • Sopan O&M
  • CSI Compressco
  • Diversified Industrial Service Company
  • ANGI Energy Systems
  • Everflo Compression
  • Kodiak Gas Services
  • Deep Industries
  • Chicago Pneumatic
  • Cryostar
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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