The global CNG dispenser market is estimated to expand at 7.70% CAGR during the forecast period. CNG dispenser is a filling equipment installed in gas station to fill the gas in the vehicles. CNG dispenser is capable of quickly refilling the empty fuel tank of vehicles.
CNG dispenser is an alternative to conventional fuel dispenser. It shows the pressure and temperature going into a tank and then displays that how many gasoline gallon equivalants (GGEs) are going into a vehicle. In order to reduce the environmental footprint and decrease the fuel cost, the operators are moving towards natural gas.
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There are mainly two types of CNG dispenser, mainly, fast fill and time fill. Fast fill dispenser are suitable for light-duty vehicles such as cars and vans, whereas time fill dispensers are designed based on the requirement. All these factors influence the cost of installation of both the types.
The growing demand for CNG dispenser is attributed to the low running cost of natural gas vehicles. Moreover, stringent emission policies are also driving the market for CNG dispenser. One of the major restraints of the global CNG dispenser is easy availability and transition to biofuels which can hinder the market for CNG dispenser.
CNG Dispenser Market Segmental Analysis:
Global CNG dispenser market has been segmented based on type, distribution, flow rate, and region.
By Type
By Flow Rate
By Distribution
By Regions
Asia Pacific is estimated to be the fastest growing market for CNG dispenser
Asia Pacific held the largest market share of the global CNG dispenser market in 2017. It is estimated that Asia-Pacific region would also be the fastest growing market during the forecast period. Moreover, Asia-Pacific holds the largest number of natural gas stations as well as natural gas vehicles (NGVs) 18,509,677 and 18,735 respectively. This would positively impact the growth of CNG dispenser market.
Leading Players:
The key players of the global CNG dispenser market are Fortive (US), Dover (US), Tulsa Gas Technologies (India), Scheidt & Bachmann (US), Kraus (US), Compac (US), Bennett (US), Censtar (China), FTI International (Canada), Lanfeng (China), Sanki (China), Parker (US), Tatsuno (Japan), WEH (Germany).
Scope of the Report
This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging & high-growth segments. The market data comprises the basic assessment of the competitive scenarios and strategies in the global CNG dispenser market, including high-growth regions and/or countries, and political and economic environments. The project report further provides both – historical market values and pricing & cost analysis
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Table Of Contents
1. Executive Summary
2. Scope Of The Report
3. Market Landscape
4. Market Dynamics
5. Global CNG Dispenser Market, By Type
5.1. Introduction
5.2. Fast Filling
5.3. Time Filling
6. Global CNG Dispenser Market, By Distribution
6.1. Introduction
6.2. Company Owned & Company Run
6.3. Company Owned & Dealer Run
6.4. Dealer Owned & Dealer Run
7. Global CNG Dispenser Market, By Flow Rate
7.1. Introduction
7.2. Up To 15 Kg/Min
7.3. Up To 50 Kg/Min
7.3.3. Market Estimates & Forecast By Region, 2018–2023
7.4. Up To 100 Kg/Min
Continued…..
List Of Tables
Table 1 Global CNG Dispenser Market: By Region, 2018–2023
Table 2 North America: CNG Dispenser Market: By Country, 2018–2023
Table 3 Europe CNG Dispenser Market: By Country, 2018–2023
Table 4 Asia-Pacific CNG Dispenser Market: By Country, 2018–2023
Table 5 Middle East & Africa CNG Dispenser Market: By Country, 2018–2023
Continued…..
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