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.
According to this study, over the next five years the CNG Compressors market will register a 4.2% CAGR in terms of revenue, the global market size will reach US$ 5440 million by 2024, from US$ 4420 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in CNG Compressors business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of CNG Compressors market by product type, application, key manufacturers and key regions and countries.
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This study considers the CNG Compressors value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Sinopec Oilfield Eouipment Corporation
Xian Shaangu Power
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global CNG Compressors consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of CNG Compressors market by identifying its various subsegments.
Focuses on the key global CNG Compressors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the CNG Compressors with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of CNG Compressors submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.