CNG Compressor Market Research Report - Forecast to 2027

CNG Compressor Market Research Report: Information by Technology (Positive Displacement, Dynamic), Applications (Industrial, Residential, Transportation), and Region (North America, Europe, Asia Pacific, and Rest of the World)– Forecast till 2027

ID: MRFR/E&P/0867-HCR | February 2021 | Region: Global | 120 pages

Impact of the Covid-19 Outbreak on the CNG Compressor Market
CNG Compressor Market


Source: Primary Experts, Secondary Sources and MRFR Analysis


Compressed natural gas is a fuel that is used instead of diesel, gasoline, and liquefied petroleum gas. CNG combustion produces lesser unwanted gases than the fuels mentioned above. CNG compressors are used in the fueling of vehicles, for pumping gas into high-pressure CNG tanks, as a part of gas station setups, and in pipeline transmission such as at compressor stations. It is also widely used in the natural gas industry for transportation. However, COVID-19 has changed the entire scenario and has spread across the world, which has significantly impacted multiple sectors. The lockdowns imposed by the government authorities to contain the spread of the pandemic have prohibited the movement of vehicles, which has decreased the consumption of CNG. Besides, the decline in the overall domestic sales of CNG-powered vehicles due to the economic slowdown and COVID-19 pandemic is also hindering the growth of the market. The lack of availability of CNG stations also limits the sales of such vehicles. The demand for natural gas is expected to fall further in 2020.


NATURAL GAS PROCESSING IN THE U.S. (2015–2019)


Source: U.S. Energy Information Administration (EIA)


The decreased sales of two-wheelers in the APAC region are hampering the growth of the market. Asia-Pacific is expected to hold a considerable share of the CNG compressors market. The countries in the region have grown increasingly concerned regarding the air quality; however, due to the COVID-19 pandemic, the negative impact on the industrial and transportation sectors has caused a decline in the adoption of CNG compressors. The resumption of economic activity in the Asia-Pacific region is expected to drive the growth of the CNG compressors market.

Table of content

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global CNG Compressor Market, By Type

5.1 Introduction

5.2 Positive Displacement

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 Dynamic

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

6 Global CNG Compressor Market, By Applications

6.1 Introduction

6.2 Industrial

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Residential

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

6.4 Transportation

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast by Region, 2020-2027

7 Global CNG Compressor Market, By Region

7.1 Introduction

7.2 North America

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Type, 2020-2027

7.2.3 Market Estimates & Forecast by Applications, 2020-2027

7.2.4 U.S.

7.2.4.1 Market Estimates & Forecast, 2020-2027

7.2.4.2 Market Estimates & Forecast by Type, 2020-2027

7.2.4.3 Market Estimates & Forecast by Applications, 2020-2027

7.2.5 Canada

7.2.5.1 Market Estimates & Forecast, 2020-2027

7.2.5.2 Market Estimates & Forecast by Type, 2020-2027

7.2.5.3 Market Estimates & Forecast by Applications, 2020-2027

7.3 Europe

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Type, 2020-2027

7.3.3 Market Estimates & Forecast by Applications, 2017-2023

7.3.4 Russia

7.3.4.1 Market Estimates & Forecast, 2020-2027

7.3.4.2 Market Estimates & Forecast by Type, 2020-2027

7.3.4.3 Market Estimates & Forecast by Applications, 2020-2027

7.3.5 Norway

7.3.5.1 Market Estimates & Forecast, 2017-2023

7.3.5.2 Market Estimates & Forecast by Type, 2020-2027

7.3.5.3 Market Estimates & Forecast by Applications, 2020-2027

7.3.6 Rest of Europe

7.3.6.1 Market Estimates & Forecast, 2020-2027

7.3.6.2 Market Estimates & Forecast by Type, 2020-2027

7.3.6.3 Market Estimates & Forecast by Applications, 2020-2027

7.4 Asia Pacific

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Type, 2020-2027

7.4.3 Market Estimates & Forecast by Applications, 2020-2027

7.4.4 China

7.4.4.1 Market Estimates & Forecast, 2020-2027

7.4.4.2 Market Estimates & Forecast by Type, 2020-2027

7.4.4.3 Market Estimates & Forecast by Applications, 2020-2027

7.4.5 Australia

7.4.5.1 Market Estimates & Forecast, 2020-2027

7.4.5.2 Market Estimates & Forecast by Type, 2020-2027

7.4.5.3 Market Estimates & Forecast by Applications, 2020-2027

7.4.6 Rest of Asia-Pacific

7.4.6.1 Market Estimates & Forecast, 2020-2027

7.4.6.2 Market Estimates & Forecast by Type, 2020-2027

7.4.6.3 Market Estimates & Forecast by Applications, 2020-2027

7.5 Middle East & Africa

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Type, 2020-2027

7.5.3 Market Estimates & Forecast by Applications, 2020-2027

7.6 Latin America

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast by Type, 2020-2027

7.6.3 Market Estimates & Forecast by Applications, 2020-2027

7.7 Rest of the World

7.7.1 Market Estimates & Forecast, 2020-2027

7.7.2 Market Estimates & Forecast by Type, 2020-2027

7.7.3 Market Estimates & Forecast by Applications, 2020-2027

8 Competitive Landscape

9 Company Profile

9.1 Ariel Corporation (U.S.)

9.1.1 Company Overview

9.1.2 Product/Services Offering

9.1.3 Financial Overview

9.1.4 Key Developments

9.1.5 Strategy

9.1.6 SWOT Analysis

9.2 Atlas Copco (Sweden)

9.2.1 Company Overview

9.2.2 Product /Services Offering

9.2.3 Financial Overview

9.2.4 Key Developments

9.2.5 Strategy

9.2.6 SWOT Analysis

9.3 P C Mc Kenzie C (U.S.)

9.3.1 Company Overview

9.3.2 Product /Services Offering

9.3.3 Financial Overview

9.3.4 Key Developments

9.3.5 Strategy

9.3.6 SWOT Analysis

9.4 J-W Energy Company (U.S.)

9.4.1 Company Overview

9.4.2 Product /Services Offering

9.4.3 Financial Overview

9.4.4 Key Developments

9.4.5 Strategy

9.4.6 SWOT Analysis

9.5 Bauer Compressors, Inc. (U.S.)

9.5.1 Company Overview

9.5.2 Product /Services Offering

9.5.3 Financial Overview

9.5.4 Key Developments

9.5.5 Strategy

9.5.6 SWOT Analysis

9.6 Wärtsilä (Finland)

9.6.1 Company Overview

9.6.2 Product /Services Offering

9.6.3 Financial Overview

9.6.4 Key Developments

9.6.5 Strategy

9.6.6 SWOT Analysis

9.7 CIMC Enric (China)

9.7.1 Company Overview

9.7.2 Product /Services Offering

9.7.3 Financial Overview

9.7.4 Key Developments

9.7.5 Strategy

9.7.6 SWOT Analysis

9.8 Kobelco Compressors America, Inc. (U.S.)

9.8.1 Company Overview

9.8.2 Product /Services Offering

9.8.3 Financial Overview

9.8.4 Key Developments

9.8.5 Strategy

9.8.6 SWOT Analysis

9.9 Elliott Company (U.S.)

9.9.1 Company Overview

9.9.2 Product /Services Offering

9.9.3 Financial Overview

9.9.4 Key Developments

9.9.5 Strategy

9.9.6 SWOT Analysis

9.10 GE Oil & Gas (U.S.)

9.10.1 Company Overview

9.10.2 Product /Services Offering

9.10.3 Financial Overview

9.10.4 Key Developments

9.10.5 Strategy

9.10.6 SWOT Analysis

10 Conclusion

11 Appendix

List of Tables

Table 1 Global CNG compressor Market: By Region, 2020-2027

Table 2 North America CNG compressor Market: By Country, 2020-2027

Table 3 Europe CNG compressor Market: By Country, 2020-2027

Table 4 Asia Pacific CNG compressor Market: By Country, 2020-2027

Table 5 RoW CNG compressor Market: By Country, 2020-2027

Table 6 Global CNG compressor Market by Type: By Regions, 2020-2027

Table 7 North America CNG compressor Market by Type: By Country, 2020-2027

Table 8 Europe CNG compressor Market by Type: By Country, 2020-2027

Table 9 Asia Pacific CNG compressor Market by Type: By Country, 2020-2027

Table 10 RoW CNG compressor Market by Type: By Country, 2020-2027

Table 11 Global CNG compressor Market, by Application, By Regions, 2020-2027

Table 12 North America CNG compressor Market, by Application, By Country, 2020-2027

Table 13 Europe CNG compressor Market, by Application, By Country, 2020-2027

Table 14 Asia Pacific CNG compressor Market, by Application By Country, 2020-2027

Table 15 RoW CNG compressor Market, by Application, By Country, 2020-2027

Table 16 Global CNG compressor Market: By Region, 2020-2027

Table 17 North America CNG compressor Market, By Country

Table 18 North America CNG compressor Market, by Type

Table 19 North America CNG compressor Market, By Application

Table 20 Europe: CNG compressor Market, By Country

Table 21 Europe: CNG compressor Market, by Type

Table 22 Europe: CNG compressor Market, By Application

Table 23 Asia Pacific: CNG compressor Market, By Country

Table 24 Asia Pacific: CNG compressor Market, by Type

Table 25 Asia Pacific: CNG compressor Market, By Application

Table 26 RoW: CNG compressor Market, By Region

Table 27 RoW CNG compressor Market, by Type

Table 28 RoW CNG compressor Market, By Application


List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL CNG COMPRESSOR MARKETSHARE, BY TYPE 2020 (%)

FIGURE 9 GLOBAL CNG COMPRESSOR MARKET, BY TYPE, 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL CNG COMPRESSOR MARKETSHARE, BY APPLICATION, 2020 (%)

FIGURE 11 GLOBAL CNG COMPRESSOR MARKET, BY REGION, 2020-2027 (USD MILLION)

FIGURE 12 NORTH AMERICA CNG COMPRESSOR MARKETSHARE (%), 2020

FIGURE 13 NORTH AMERICA CNG COMPRESSOR MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 14 EUROPE CNG COMPRESSOR MARKETSHARE (%), 2020

FIGURE 15 EUROPE CNG COMPRESSOR MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 16 ASIA PACIFIC CNG COMPRESSOR MARKETSHARE (%), 2020

FIGURE 17 ASIA PACIFIC CNG COMPRESSOR MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 18 REST OF THE WORLD CNG COMPRESSOR MARKETSHARE (%), 2020

FIGURE 19 REST OF THE WORLD CNG COMPRESSOR MARKETBY COUNTRY, 2020-2027 (USD MILLION)