Global CNG Dispenser Market, By Type (Fast Fill and Time fill), By Flow Rate (Upto 15Kg/Min, Upto 50

Published Date: | Report Code : EP1910482

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Market Dynamic

Growing demand from emerging markets in the Asia Pacific region is expected to drive the growth of CNG dispenser market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities. Since supplies are being exhausted due to the rise in demand for petroleum around the world, the alternative motor fuel source is increasingly being adopted. Compressed Natural Gas (CNG) is a widely used alternative, which is witnessing a rise in demand. A CNG dispenser is used at CNG filling stations to fill the gas in vehicles.

Fast fill and time fill are the two main types of CNG dispensers used for refilling. Fast fill is used for light vehicles such as cars and three-wheelers whereas time-fill dispensers are customized and designed based on the requirement.

Segment Analysis

The CNG dispenser market has been segmented on the basis of type, flow rate, distribution, and region. Based on the flow rate, the market has been segmented into up to 15kg/min, up to 50kg/min, and up to 100kg/min. Based on distribution, the market has been divided into company owned & company run, a company owned & dealer run, and dealer owned & dealer run.

Due to government initiatives of Asia Pacific countries such as India and China to promote the use of alternative fuels, the market is expected to see exponential growth during the forecasted period.

Key Factors Impacting Market Growth:

  • Growing demand from emerging markets in the Asia Pacific region
  • Alternate energy source and cost efficiency

Regional Outlook:

The regional outlook for CNG dispenser market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for CNG dispenser market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of CNG dispenser market in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on. 

Asia Pacific is estimated one of the fastest growing regions for CNG dispenser market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. Rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: Tulsa Gas Technologies, Censtar Fortive Dover, Compac, FTI International, and Langfeng…

Market Segmentation:

By Type:

  • Fast Fill
  • Time Fill

By Flow Rate:

  • Up to 15Kg/Min
  • Up to 50Kg/Min
  • Up to 100Kg/Min

By Distribution:

  • Company Owned & Company Run
  • Company Owned & Dealer Run
  • Dealer Owned & Dealer Run

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Flow Rate
    • By Distribution
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Flow Rate
    • By Distribution
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Flow Rate
    • By Distribution
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Flow Rate
    • By Distribution
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Flow Rate
    • By Distribution
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Flow Rate
    • By Distribution

Reasons To Buy This Report:

  • Market size estimation of the CNG dispenser market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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