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China Natural Gas Fueling Station Equipment Industry Report, 2015-2018

  • May 2015
  • 110 pages
  • Research In China
Report ID: 3007692

Summary

Table of Contents

According to different fuels used by natural gas stations, gas station equipment can be divided into compressed natural gas (CNG) station equipment and liquefied natural gas (LNG) station equipment. The former mainly includes CNG compressors, sequence control panels, CNG gas storage facilities, dispensers, and other equipment while the latter mainly involves LNG storage tanks, LNG cryogenic pumps, LNG dispensers, as well as other related equipment. Natural gas station equipment industry is closely related to the construction of natural gas stations.

As of the end of 2014, there were 6,955 natural gas stations in China, a figure that was up 24.7% from a year ago. In 2014, China had an addition of 1,379 natural gas stations, down 21.2% year on year. Among them, the newly-built LNG stations fell by 36.5% compared with the previous year, while CNG stations were up 0.7% from a year ago. The fall in the growth of new LNG stations in 2014 was mainly due to a fall in international oil price, which led to a drop in economy of natural gas vehicles, thus slowing the investment in natural gas stations. Therefore, China’s natural gas station equipment industry also presented a similar trend.

At present, CNG station equipment industry has higher regional and market concentration. For example, the top 3 enterprises operating CNG compressors for natural gas stations account for a combined 64% market share, which is totally concentrated in Zigong city, Sichuan Province. 74% shares of CNG gas storage facility market have been held by Zigong Huaqi Technology Co., Sichuan Chuanyou Natural Gas Technology Co., and Zigong Daye High Pressure Container Co., which are all from Zigong city, Sichuan province.

In terms of LNG station equipment industry, as the number of newly-built LNG stations dived in 2014, China’s LNG station equipment industry was also severely affected. With the rapid growth of LNG vehicles and accelerated market-oriented reform of natural gas prices, we project that during 2015-2018 China’s investment in LNG stations will rebound, but its growth rate will slow down. The skid-mounted mobile LNG station enjoys many remarkable merits, such as short construction period, high flexibility and mobility, and wider applications, making it a promising natural gas station. As LNG stations expand from Yangtze River Delta Region, Pearl River Delta Region, and Bohai Economic Rim to inland regions, the construction of mobile natural gas stations is speeding up, so that LNG station equipment market size might increase gradually.

China Natural Gas Fueling Station Equipment Industry Report, 2015-2018 by ResearchInChina is primarily concerned with the following:
20120114.gifOverview of natural gas stations and equipment, including natural gas, natural gas stations and related equipment, the industry’s business model and characteristics, and development trend, etc.
20120114.gifProduction and consumption of natural gas, including output, consumption, and import and export volume of natural gas, natural gas prices, etc.
Natural gas vehicle and station market, including global and China natural gas vehicle ownership, number of natural gas stations, natural gas station operators, as well as regional markets, etc.
CNG station equipment industry, including market situation, market size, CNG compressor market, CNG gas storage facility market, CNG dispenser market, and key parts, etc.
LNG station equipment industry, including market situation, market size, LNG storage tank market, LNG cryogenic pump market, and LNG dispenser market, etc.
19 major natural gas station equipment enterprises, including profile, operation, revenue structure, gross margin, and development strategy, etc.

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