Global CNG Compressor Aftermarket (2017-2021) - Growth as a Result of Government Support for NGV Infrastructure - Research and Markets

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21 Mar, 2017, 17:00 GMT

DUBLIN, Mar 21, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global CNG Compressor Aftermarket 2017-2021" report to their offering.

The global CNG compressor aftermarket to grow at a CAGR of 2.42% during the period 2017-2021.

The report, Global CNG Compressor Aftermarket 2017-2021, 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.

The latest trend gaining momentum in the market is government support for NGV infrastructure. Natural gas has the potential to contribute toward climate change mitigation. Increasing natural gas infrastructure developments will drive this trend. The development of NGV fueling stations is strongly supported by governments in various countries. In the US, CNG and LNG are considered as alternate fuels.

According to the report, one of the major drivers for this market is growing use of CNG as fuel. The transportation sector alone contributed about 14% of the total GHG emissions across all the sectors in 2014. GHG emissions adversely affect the environment, leading to several health problems. To curb the widespread pollution from vehicles, governments of various countries are taking initiatives to replace gasoline and diesel with CNG in the transportation sector. This is because gasoline and diesel are responsible for harmful emissions. To reduce emissions and meet stringent anti-pollution norms, governments are promoting the use of CNG fuel and NGVs.

Key vendors

  • Atlas Copco
  • Ariel Corporation
  • Clean Energy Compression
  • BAUER Compressors
  • Ingersoll Rand

Other prominent vendors

  • J-W Energy Company
  • Fornovo Gas
  • Natural Gas Compression Systems
  • John Energy
  • Natural Gas Services Group
  • Sopan O&M
  • Others

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Geographical segmentation

PART 07: Market drivers

PART 08: Market challenges

PART 09: Impact of drivers and challenges

PART 10: Market trends

PART 11: Vendor landscape

PART 12: Key vendor analysis

PART 13: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/9sv253/global_cng

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