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Global CNG Compressors Market 2016-2020

Global CNG Compressors Market 2016-2020

About CNG Compressors

A compressor is an instrument that is designed to supply air or gas at a higher pressure through compression. There are mainly two types of compressors: positive displacement compressors, and continuous flow compressors.

Technavio’s analysts forecast the global CNG compressors market to grow at a CAGR of 4.1% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global CNG compressors market for 2016-2020. To calculate the market size, the report considers the revenue global CNG compressors market

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global CNG Compressors Market 2016-2020, 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
  • BAUER Compressors
  • Clean Energy Compression
  • Ingersoll Rand
Other prominent vendors
  • Aerotecnica Coltri
  • ANGI Energy Systems
  • Chicago Pneumatic
  • Cryostar
  • Galileo Technologies
  • GreenLine Fuel
  • Siemens
Market driver
  • Growing use of CNG as fuel.
  • For a full, detailed list, view our report
Market challenge
  • Capital-intensive infrastructure needed for CNG stations.
  • For a full, detailed list, view our report
Market trend
  • CNG gaining popularity in two-wheeler market.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?


Press Release

Technavio Announces the Publication of its Research Report – Global CNG Compressors Market 2016-2020

Technavio recognizes the following companies as the key players in the Global CNG Compressors Market: Atlas Copco, Ariel Corporation, BAUER Compressors, Clean Energy Compression, and Ingersoll Rand.

Other prominent vendors in the market are: Aerotecnica Coltri, ANGI Energy Systems, Chicago Pneumatic, Cryostar, Galileo Technologies, GreenLine Fuel, and Siemens.

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is advances in CNG compressor technology. In a CNG fueling station, the gas flows from the distribution channel into the gas compressor and is stored in a storage facility from which it is later dispensed according to the requirement. With advances in technology, companies are developing compressors that give better efficiency, effectiveness, cost, and reliability. Clean Energy Fuel Corporation introduced the most advanced heavy-duty, non-lubricated compressors for the natural gas fuel market in 2016. These new compressors are standardized and the streamlined modular engineering aids in quicker delivery time, and makes them more reliable and cost efficient. They also offer ultra-low vibrations and noise. Proprietary heat management ensures that the heated air is not recirculated between compressors so that it provides consistent performance regardless of the number of compressors.”

According to the report, one of the primary drivers in the market is increase in use of NGVs. The benefits of low operating cost and the reduction in vehicular emissions have increased the adoption of NGVs in both passenger and commercial fleets. OEMs such as GM, Ford, Fiat, Volvo, and Audi offer light, medium, heavy vehicles, trains, and aircraft that are powered by natural gas. Car manufacturers such as GM and Ford have certified natural gas conversion systems, which can be installed without voiding the warranty, increasing their appeal to buyers.

Further, the report states that one major challenge in the market is growth in EV sales. Over the past few years, the interest in EVs in the US automotive sector has surged, with manufacturers beginning to introduce new EVs with advanced technology. The country is aiming to become a global leader in next-generation vehicle technologies. With the support of financial incentives and R&D, the country seeks to reduce its dependence on petroleum products for transportation; thus, the future of EVs seems to be optimistic. The sales of plug-in hybrid EV or PHEV cars in the US was 50.1 thousand units in 2005, and this number increased to 295.1 thousand units in 2015.

Companies Mentioned

Atlas Copco, Ariel Corporation, BAUER Compressors, Clean Energy Compression, Ingersoll Rand, Aerotecnica Coltri, ANGI Energy Systems, Chicago Pneumatic, Cryostar, Galileo Technologies, GreenLine Fuel, Siemens.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Types of compressors
      • Table Fast-fill CNG station
      • Table Time-fill CNG station
      • Table Types of promotion of NGVs
  • Market landscape
    • Market overview
      • Table Overview of global CNG compressors market
      • Table Global CNG compressors market 2015-2020 ($ billions)
      • Table US GHG emissions by sector 2012 (%)
      • Table GHG emissions from various fuels
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Market overview
    • CNG compressors market in APAC
      • Table CNG compressors market in APAC 2015-2020 ($ billions)
      • Table NGVs by region 2014 (%)
    • CNG compressors market in EMEA
      • Table CNG compressors market in EMEA 2015-2020 ($ billions)
      • Table European countries with highest number of NGVs as part of total vehicle numbers 2013 (%)
    • Global CNG compressors in Americas
      • Table CNG compressors market in Americas 2015-2020 ($ billions)
      • Table Total EV sales in US 2016 (units)
  • Market drivers
    • Demand for cleaner fuels
      • Table COemissions from different fuels (per million Btu)
    • Increase in use of NGVs
      • Table Total number of NGVs worldwide 2009-2014 (millions of units)
    • Growing use of CNG as fuel
      • Table GHG emissions by sector 2014
  • Market challenges
    • Capital-intensive infrastructure needed for CNG stations
    • Growth in EV sales
      • Table PHEV sales in US 2011-2016 (thousands of units)
      • Table Global EV sales outlook 2011-2020 (millions of units)
      • Table Alternate fueling stations by fuel type worldwide 2010-2015
    • Low crude oil prices
      • Table Global crude oil prices 2007-2016 ($/bbl.)
      • Table China NGV sales growth rate 2011-2015 (%)
  • Impact of drivers and challenges
  • Market trends
    • Advances in CNG compressor technology
    • CNG gaining popularity in two-wheeler market
      • Table Two-wheeler market in India 2012-2016 (millions of units)
  • Vendor landscape
    • Market overview
      • Table Geographic presence of key vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Atlas Copco
    • Ariel Corporation
      • Table Ariel Corporation: Product portfolio
    • BAUER Compressors
      • Table BAUER Compressors: Product portfolio
      • Table BAUER Compressors: CNG compressor product portfolio
    • Clean Energy Compression
    • Ingersoll Rand
  • Appendix
    • List of abbreviations
  • Explore Technavio

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