The universal CNG Compressors market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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.
As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties and CNG Compressorss industry will be significantly affected by the policy.
On the basis of technology, natural gas compressors are segmented into two categories - Rotary Type and Reciprocating Type. Among these categories, reciprocating CNG compressorss form the most preferred natural gas compressors category, predominantly due to their high efficiency and strong ability to handle high pressure.
In the global CNG Compressors market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
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
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Rotary Type
Reciprocating Type
In market segmentation by applications :
Pipeline transportation
Gas storage
Gas station
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the CNG Compressors market for the forecast period 2020 - 2025?
• What are the driving forces in the CNG Compressors market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the CNG Compressors industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?