CNG Compressors Market

CNG is a fuel made by compressing natural gas or biogas to less than 1% of its volume. Once compressed, CNG is stored and distributed at a significantly lower cost than gasoline or diesel.

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.

CNG Compressors Market contains market size and forecasts of CNG Compressors in global, including the following market information:

Global CNG Compressors Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global CNG Compressors Market Sales, 2017-2022, 2023-2028, (Units)

Global top five CNG Compressors companies in 2021 (%)

The global CNG Compressors market was valued at 4682.1 million in 2021 and is projected to reach US$ 5782.9 million by 2028, at a CAGR of 3.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Rotary Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of CNG Compressors include Siemens, Atlas Copco, Exterran, Ingersoll Rand, MAN Turbo, Kobelco, W?rtsil?, Galileo Technologies and Ariel Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the CNG Compressors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global CNG Compressors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global CNG Compressors Market Segment Percentages, by Type, 2021 (%)

Rotary Type

Reciprocating Type

Global CNG Compressors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global CNG Compressors Market Segment Percentages, by Application, 2021 (%)

Pipeline transportation

Gas storage

Gas station

Others

Global CNG Compressors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global CNG Compressors Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies CNG Compressors revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies CNG Compressors revenues share in global market, 2021 (%)

Key companies CNG Compressors sales in global market, 2017-2022 (Estimated), (Units)

Key companies CNG Compressors sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Siemens

Atlas Copco

Exterran

Ingersoll Rand

MAN Turbo

Kobelco

W?rtsil?

Galileo Technologies

Ariel Corporation

Chicago Pneumatic

Propak Systems

Bauer Compressors

Sinopec Oilfield Eouipment Corporation

Xian Shaangu Power

CIMC ENRIC