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Global Natural Gas Refueling Stations Market 2017-2021

Natural Gas Refueling Stations Sector: Worldwide Forecast until 2021

  • September 2017
  • 81 pages
  • ID: 5114931
In this report:
According to IEA, the total final energy consumption has almost doubled from ##,## Mtoe in 1971 to ##,## Mtoe in 2014, from the above exhibit we can see that there is no drastic change among the economic sectors with the exception of the transportation sector, which has an increased consumption of ##%.

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About Natural Gas Refueling Stations

Natural gas is produced using conventional or renewable method. It is a clean-burning alternative fuel in the transportation industry and must be compressed or liquefied for use in vehicles. In most cases, CNG is supplied to the refueling stations via the existing natural gas distribution and is compressed at the station. LNG is cooled and stored in its liquid state and must be converted to gas again for use in vehicles. CNG is primarily used in light and medium vehicles and to some extent used in heavy-duty vehicles. CNG refueling stations are more frequent than LNG refueling stations. Since the use of LNG is limited but not restricted to long haul vehicles, fleet operators prefer having their own LNG refueling infrastructure.

The experts estimate the worldwide natural gas refueling stations market to increase at a compound annual Growth rate of ~4.2 percent between 2017 and 2021.

What is the scope of this report?

The study describes the ongoing situation and its growth expectations of the global natural gas refueling stations sector for 2017-2021. To calculate the market value, the industry report considers the compressors, CNG refueling equipment, fuel dispenser etc., and the market value has been estimated based on sellers that provide integrated solutions and few other dealers of individual components..

The sector is segmented into the specified segments established on area:

• Americas

• Asia-Pac

• Europe, Middle East and Africa (EMEA)

The market study, World-wide Natural Gas Refueling Stations Sector 2017-2021, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

• For a full, in-depth list, view our market report

What are the ongoing market challenges?

• Fall in oil prices

• For a full, exhaustive list, view our market report

How is the market going?

• Increasing use of natural gas in transportation market

• For a full, in-depth list, view our market report

What are the main questions answered in this report?

• What will both market value and growth rate be in 2021?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main vendors in this market environment?

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