Report cover image

North America Compressed Natural Gas (CNG) Market

Publisher Data Bridge Market Research
Published Aug 01, 2024
Length 179 Pages
SKU # DAABD19286617

Description

North America Compressed Natural Gas (CNG) Market


The North America Compressed Natural Gas (CNG) market is expected to reach USD 20.38 billion by 2031 from USD 15.80 billion in 2023, growing with a substantial CAGR of 3.3% during the forecast period of 2024 to 2031.

North America Compressed Natural Gas (CNG) Market, By Source (Associated Gas and Non-Associated Gas), Kits (Sequential and Venturi), Distribution Type (Cylinders/Tanks, Accumulators, Composite Manifolds and Others), End Use (Light Motor Vehicles, Medium Motor Vehicles, and Heavy Motor Vehicles), Countries (U.S., Canada, and Mexico) - Industry Trends and Forecast to 2031
Overview of North America Compressed Natural Gas (CNG) Market Dynamics:

Driver
• Rising environmental policies and emission reduction targets support the adoption of CNG

Restraint
• High initial costs associated with developing CNG stations and infrastructure
Opportunity
• Substantial potential in converting existing fleets of public and private transportation to CNG
Market Players:

The key market players operating in the North America Compressed Natural Gas (CNG) market are listed below:
• NIS, KryoGas
• Engie SA
• TotalEnergies SE
• Chevron Corporation
• Shell PLC, Adani Group
• J-W Power Company
• INDIAN OIL CORPORATION LIMITED
• JIO-BP
• ENGIE GROUP

Table of Contents

179 Pages
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview
1.4 Limitations
1.5 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Dbmr Tripod Data Validation Model
2.6 Multivariate Modeling
2.7 Primary Interviews With Key Opinion Leaders
2.8 Dbmr Market Position Grid
2.9 Market End Use Coverage Grid
2.10 Dbmr Vendor Share Analysis
2.11 Secondary Sources
2.12 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Porter’s Five Forces
4.1.1 Threat Of New Entrants
4.1.2 Threat Of Substitutes
4.1.3 Bargaining Power Of Suppliers
4.1.4 Bargaining Power Of Buyers
4.1.5 Competitive Rivalry
4.2 Price Analysis
4.2.1 Production Costs
4.2.2 Transportation And Distribution Costs
4.2.3 Government Policies And Subsidies
4.2.4 Market Demand And Competition
4.3 Raw Material Coverage
4.3.1 Natural Gas
4.4 Supply Chain Analysis
4.4.1 Overview
4.4.2 Logistic Cost Scenario
4.5 Technological Advancements By Manufacturers
4.5.1 Engine Optimization
4.5.2 Improved Storage Solutions
4.5.3 Hybrid And Dual-fuel Technologies
4.5.4 Advanced Refueling Infrastructure
4.6 Type 4 Hydrogen Vessel Market Expansion
4.7 Vendor Selection Criteria
4.8 Production Consumption Analysis
4.9 Climate Change Scenario
4.9.1 Environmental Concerns
4.9.2 Industry Response
4.9.3 Government's Role
4.9.4 Analyst's Recommendations
4.10 Competitiveness Of Type 4 Vessels Compared To Type1
4.10.1 Weight:
4.10.2 Durability:
4.10.3 Safety:
4.10.4 Other Considerations:
4.11 North America Target Market Analysis
4.11.1 Identification Of Key Regions For Market Penetration And Growth
4.11.2 Regional Market Dynamics, Including Regulatory Environment And Infrastructure Readiness
4.11.3 Analysis Of Potential Market Size And Growth Opportunities
4.12 Need For Type 4 Vessels In The Cng Tank Market
4.12.1 Analysis Of Current Demand And Potential Growth For Type 4 Vessels In The Cng Market
4.12.2 Comparative Evaluation Of The Benefits And Limitations Of Type 4 Vessels Versus Other Types, Particularly Type 1
5 Regulation Coverage
6 Market Overview
6.1 Drivers
6.1.1 Rising Environmental Policies And Emission Reduction Targets Support The Adoption Of Cng
6.1.2 Rising Economic Benefits Of Using Cng
6.1.3 Increased Government Incentives And Subsidies Promoting The Use Of Cng
6.2 Restraints
6.2.1 High Initial Costs Associated With Developing Cng Stations And Infrastructure
6.2.2 Lack Of Comprehensive Cng Refuelling Infrastructure
6.3 Opportunities
6.3.1 Substantial Potential In Converting Existing Fleets Of Public And Private Transportation To Cng
6.3.2 Collaborative Efforts Between Countries In Developing Cross-border Cng Infrastructure
6.4 Challenges
6.4.1 Increasing Competition With Alternative Fuels
6.4.2 Strict Safety And Regulatory Standards Increasing Complexity And Costs
7 North America Compressed Natural Gas (Cng) Market, By Source
7.1 Overview
7.2 Associated Gas
7.3 Non Associated Gas
8 North America Compressed Natural Gas (Cng) Market, By Kits
8.1 Overview
8.2 Sequential
8.3 Venturi
9 North America Compressed Natural Gas (Cng) Market, By Distribution Type
9.1 Overview
9.2 Cylinders/Tanks
9.3 Accumulators
9.4 Composite Manifolds
9.5 Others
10 North America Compressed Natural Gas (Cng) Market, By End Use
10.1 Overview
10.2 Light Motor Vehicles
10.3 Medium Motor Vehicles
10.4 Heavy Motor Vehicles
11 North America Compressed Natural Gas (Cng) Market, By Region
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.2.3 Mexico
12 North America Compressed Natural Gas (Cng) Market: Company Landscape
12.1 Company Share Analysis: North America
13 Swot Analysis
14 Company Profile
14.1 Cng
14.1.1 Shell Plc
14.1.1.1 Company Snapshot
14.1.1.2 Revenue Analysis
14.1.1.3 Company Share Analysis
14.1.1.4 Product Portfolio
14.1.1.5 Recent Updates
14.1.2 Chevron Corporation
14.1.2.1 Company Snapshot
14.1.2.2 Revenue Analysis
14.1.2.3 Company Share Analysis
14.1.2.4 Product Portfolio
14.1.2.5 Recent Updates
14.1.3 Totalenergies Se
14.1.3.1 Company Snapshot
14.1.3.2 Revenue Analysis
14.1.3.3 Company Share Analysis
14.1.3.4 Product Portfolio
14.1.3.5 Recent Updates
14.1.4 Indian Oil Corporation Ltd
14.1.4.1 Company Snapshot
14.1.4.2 Revenue Analysis
14.1.4.3 Company Share Analysis
14.1.4.4 Product Portfolio
14.1.4.5 Recent Developments
14.1.5 Adani Group
14.1.5.1 Company Snapshot
14.1.5.2 Revenue Analysis
14.1.5.3 Comapany Share Analysis
14.1.5.4 Product Portfolio
14.1.5.5 Recent Developments
14.1.6 Engie
14.1.6.1 Company Snapshot
14.1.6.2 Revenue Analysis
14.1.6.3 Product Portfolio
14.1.6.4 Recent Developments
14.1.7 Indraprastha Gas Limited
14.1.7.1 Company Snapshot
14.1.7.2 Product Portfolio
14.1.7.3 Recent Development
14.1.8 J-w Power Company
14.1.8.1 Company Snapshot
14.1.8.2 Product Portfolio
14.1.8.3 Recent Developments
14.1.9 Kryogas
14.1.9.1 Company Snapshot
14.1.9.2 Product Portfolio
14.1.9.3 Recent Developments
14.1.10 Nis
14.1.10.1 Company Snapshot
14.1.10.2 Revenue Analysis
14.1.10.3 Product Portfolio
14.1.10.4 Recent Developments
14.1.11 Trillium Energy
14.1.11.1 Company Snapshot
14.1.11.2 Product Portfolio
14.1.11.3 Recent Development
14.1.12 Jio-bp
14.1.12.1 Company Snapshot
14.1.12.2 Product Portfolio
14.1.12.3 Recent Developments
14.2 High-pressure Composite Vessels
14.2.1 Hexagon Composites Asa
14.2.1.1 Company Snapshot
14.2.1.2 Revenue Analysis
14.2.1.3 Product Portfolio
14.2.1.4 Recent Updates
14.2.2 Worthington Enterprises Inc.
14.2.2.1 Company Snapshot
14.2.2.2 Revenue Analysis
14.2.2.3 Product Portfolio
14.2.2.4 Recent Updates
14.2.3 Luxfer Gas Cylinders
14.2.3.1 Company Snapshot
14.2.3.2 Revenue Analysis
14.2.3.3 Product Portfolio
14.2.3.4 Recent Updates
14.2.4 Santek
14.2.4.1 Company Snapshot
14.2.4.2 Product Portfolio
14.2.4.3 Recent Updates
14.2.5 Hansho Composites
14.2.5.1 Company Snapshot
14.2.5.2 Product Portfolio
14.2.5.3 Recent Updates
14.2.6 Sainath Industrial Corporation
14.2.6.1 Company Snapshot
14.2.6.2 Product Portfolio
14.2.6.3 Recent Updates
14.2.7 Pentair
14.2.7.1 Company Snapshot
14.2.7.2 Revenue Analysis
14.2.7.3 Product Portfolio
14.2.7.4 Recent Updates
14.2.8 Faber Industrie S.P.A.
14.2.8.1 Company Snapshot
14.2.8.2 Product Portfolio
14.2.8.3 Recent Development
15 Questionnaire
16 Related Reports
Table 1 Key Differences And Characteristics Of Type 1 And Type 4 Hydrogen Vessels
Table 2 Cost Comparison And Price Competitiveness Of Type 1 Vs. Type 4 Hydrogen Vessels
Table 3 Regulatory Coverage
Table 4 North America Compressed Natural Gas (Cng) Market, By Source, 2022-2031 (Usd Thousand)
Table 5 North America Compressed Natural Gas (Cng) Market, By Source, 2022-2031 (Tons)
Table 6 North America Associated Gas In Compressed Natural Gas (Cng) Market, By Region, 2022-2031 (Usd Thousand)
Table 7 North America Associated Gas In Compressed Natural Gas (Cng) Market, By Region, 2022-2031 (Tons)
Table 8 North America Non Associated Gas In Compressed Natural Gas (Cng) Market, By Region, 2022-2031 (Usd Thousand)
Table 9 North America Non Associated Gas In Compressed Natural Gas (Cng) Market, By Region, 2022-2031 (Tons)
Table 10 North America Compressed Natural Gas (Cng) Market, By Kits, 2022-2031 (Usd Thousand)
Table 11 North America Sequential In Compressed Natural Gas (Cng) Market, By Region, 2022-2031 (Usd Thousand)
Table 12 North America Venturi In Compressed Natural Gas (Cng) Market, By Region, 2022-2031 (Usd Thousand)
Table 13 North America Compressed Natural Gas (Cng) Market, By Distribution Type, 2022-2031 (Usd Thousand)
Table 14 North America Cylinders/Tanks In Compressed Natural Gas (Cng) Market, By Region, 2022-2031 (Usd Thousand)
Table 15 North America Cylinders/Tanks In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 16 North America Type 4 Tanks In Compressed Natural Gas (Cng) Market, By Application, 2022-2031 (Usd Thousand)
Table 17 North America Accumulators In Compressed Natural Gas (Cng) Market, By Region, 2022-2031 (Usd Thousand)
Table 18 North America Composite Manifolds In Compressed Natural Gas (Cng) Market, By Region, 2022-2031 (Usd Thousand)
Table 19 North America Others In Compressed Natural Gas (Cng) Market, By Region, 2022-2031 (Usd Thousand)
Table 20 North America Compressed Natural Gas (Cng) Market, By End Use, 2022-2031 (Usd Thousand)
Table 21 North America Light Motor Vehicles In Compressed Natural Gas (Cng) Market, By Region, 2022-2031 (Usd Thousand)
Table 22 North America Light Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 23 North America Cars In Compressed Natural Gas (Cng) Market, By Category, 2022-2031 (Usd Thousand)
Table 24 North America Medium Motor Vehicles In Compressed Natural Gas (Cng) Market, By Region, 2022-2031 (Usd Thousand)
Table 25 North America Medium Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 26 North America Heavy Motor Vehicles In Compressed Natural Gas (Cng) Market, By Region, 2022-2031 (Usd Thousand)
Table 27 North America Heavy Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 28 North America Compressed Natural Gas (Cng) Market, By Country, 2022-2031 (Usd Thousand)
Table 29 North America Compressed Natural Gas (Cng) Market, By Country, 2022-2031 (Tons)
Table 30 North America Compressed Natural Gas (Cng) Market, By Source, 2022-2031 (Usd Thousand)
Table 31 North America Compressed Natural Gas (Cng) Market, By Source, 2022-2031 (Tons)
Table 32 North America Compressed Natural Gas (Cng) Market, By Kits, 2022-2031 (Usd Thousand)
Table 33 North America Compressed Natural Gas (Cng) Market, By Distribution Type 2022-2031 (Usd Thousand)
Table 34 North America Cylinders/Tanks In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 35 North America Type 4 Tanks In Compressed Natural Gas (Cng) Market, By Application, 2022-2031 (Usd Thousand)
Table 36 North America Compressed Natural Gas (Cng) Market, By End Use, 2022-2031 (Usd Thousand)
Table 37 North America Light Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 38 North America Cars In Compressed Natural Gas (Cng) Market, By Category, 2022-2031 (Usd Thousand)
Table 39 North America Medium Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 40 North America Heavy Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 41 U.S. Compressed Natural Gas (Cng) Market, By Source, 2022-2031 (Usd Thousand)
Table 42 U.S. Compressed Natural Gas (Cng) Market, By Source, 2022-2031 (Tons)
Table 43 U.S. Compressed Natural Gas (Cng) Market, By Kits, 2022-2031 (Usd Thousand)
Table 44 U.S. Compressed Natural Gas (Cng) Market, By Distribution Type 2022-2031 (Usd Thousand)
Table 45 U.S. Cylinders/Tanks In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 46 U.S. Type 4 Tanks In Compressed Natural Gas (Cng) Market, By Application, 2022-2031 (Usd Thousand)
Table 47 U.S. Compressed Natural Gas (Cng) Market, By End Use, 2022-2031 (Usd Thousand)
Table 48 U.S. Light Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 49 U.S. Cars In Compressed Natural Gas (Cng) Market, By Category, 2022-2031 (Usd Thousand)
Table 50 U.S. Medium Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 51 U.S. Heavy Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 52 Canada Compressed Natural Gas (Cng) Market, By Source, 2022-2031 (Usd Thousand)
Table 53 Canada Compressed Natural Gas (Cng) Market, By Source, 2022-2031 (Tons)
Table 54 Canada Compressed Natural Gas (Cng) Market, By Kits, 2022-2031 (Usd Thousand)
Table 55 Canada Compressed Natural Gas (Cng) Market, By Distribution Type 2022-2031 (Usd Thousand)
Table 56 Canada Cylinders/Tanks In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 57 Canada Type 4 Tanks In Compressed Natural Gas (Cng) Market, By Application, 2022-2031 (Usd Thousand)
Table 58 Canada Compressed Natural Gas (Cng) Market, By End Use, 2022-2031 (Usd Thousand)
Table 59 Canada Light Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 60 Canada Cars In Compressed Natural Gas (Cng) Market, By Category, 2022-2031 (Usd Thousand)
Table 61 Canada Medium Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 62 Canada Heavy Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 63 Mexico Compressed Natural Gas (Cng) Market, By Source, 2022-2031 (Usd Thousand)
Table 64 Mexico Compressed Natural Gas (Cng) Market, By Source, 2022-2031 (Tons)
Table 65 Mexico Compressed Natural Gas (Cng) Market, By Kits, 2022-2031 (Usd Thousand)
Table 66 Mexico Compressed Natural Gas (Cng) Market, By Distribution Type 2022-2031 (Usd Thousand)
Table 67 Mexico Cylinders/Tanks In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 68 Mexico Type 4 Tanks In Compressed Natural Gas (Cng) Market, By Application, 2022-2031 (Usd Thousand)
Table 69 Mexico Compressed Natural Gas (Cng) Market, By End Use, 2022-2031 (Usd Thousand)
Table 70 Mexico Light Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 71 Mexico Cars In Compressed Natural Gas (Cng) Market, By Category, 2022-2031 (Usd Thousand)
Table 72 Mexico Medium Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Table 73 Mexico Heavy Motor Vehicles In Compressed Natural Gas (Cng) Market, By Type, 2022-2031 (Usd Thousand)
Figure 1 North America Compressed Natural Gas (Cng) Market
Figure 2 North America Compressed Natural Gas (Cng) Market: Data Triangulation
Figure 3 North America Compressed Natural Gas (Cng) Market: Droc Analysis
Figure 4 North America Compressed Natural Gas (Cng) Market: North America Vs Regional Market Analysis
Figure 5 North America Compressed Natural Gas (Cng) Market: Company Research Analysis
Figure 6 North America Compressed Natural Gas (Cng) Market: Multivariate Modelling
Figure 7 North America Compressed Natural Gas (Cng) Market: Interview Demographics
Figure 8 North America Compressed Natural Gas (Cng) Market: Dbmr Market Position Grid
Figure 9 North America Compressed Natural Gas (Cng) Market: End Use Coverage Grid
Figure 10 North America Compressed Natural Gas (Cng) Market: Vendor Share Analysis
Figure 11 North America Compressed Natural Gas (Cng) Market: Segmentation
Figure 12 North America Compressed Natural Gas (Cng) Market: By Source
Figure 13 North America Compressed Natural Gas (Cng) Market: Overview
Figure 14 North America Compressed Natural Gas (Cng) Market: Strategic Decisions
Figure 15 Rising Environmental Policies And Emission Reduction Targets Support The Adoption Of Cng Is Expected To Drive The North America Compressed Natural Gas (Cng) Market In The Forecast Period Of 2024 To 2031
Figure 16 The Associated Gas Segment Is Expected To Account For The Largest Share Of The North America Compressed Natural Gas (Cng) Market In 2024 And 2031
Figure 17 Porter’s Five Forces
Figure 18 Vendor Selection Criteria
Figure 19 Production Consumption Analysis: North America Compressed Natural Gas (Cng) Market
Figure 20 Droc Analysis
Figure 21 North America Compressed Natural Gas (Cng) Market, By Source, 2023
Figure 22 North America Compressed Natural Gas (Cng) Market, By Kits, 2023
Figure 23 North America Compressed Natural Gas (Cng) Market, By Distribution Type, 2023
Figure 24 North America Compressed Natural Gas (Cng) Market, By End Use, 2023
Figure 25 North America Compressed Natural Gas: Snapshot (2023)
Figure 26 North America Compressed Natural Gas (Cng) Market: Company Share 2023 (%)
 

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us