Market Snapshot:
Compressed Natural Gas (CNG) fuel demand is increasing due to rising concerns about environment protections. Worldwide government are promoting the usage of natural gas vehicles owing to the increase in greenhouse gas emissions. CNG is compressed at high pressures of about 200 bars and is then dispensed into the CNG tanks of vehicles. CNG is mostly used in light duty vehicles, cars, and buses. It is generally less used for heavy duty transport vehicles. The CNG is economic as compared to other fuel.
Market Drivers
- Rising adoption of CNG vehicles
- Government Promoting the CNG Vehicles
Market Trend
- Increasing awareness about greenhouse gas emissions
Restraints
- Required large space for Fuelling Station Installation
Opportunities
Increasing Concerns regarding Environmental Emission
Manufacturers Covered in the Study are:
Corban Energy Group (United States), Trillium CNG (United States), Liberty Utilities (Canada), Cryonorm (Netherlands), Cryogas (India), WenZhou BlueSky Energy Technology (China), Galileo Technologies (United States), Etang Drilling Production Service (China), Indraprastha Gas (India) and National Iranian Gas (Iran)
The Global CNG Refueling Stations market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
What can be explored with CNG Refueling Stations study:
Where CNG Refueling Stations industry stands in scaling its end use implementations
What concrete benefits would result from scaled initiatives by Manufacturers
Where Manufacturers should focus their investments cycle
Key success factors and recommendations for upscaling future growth.
Target Market / Country and Key Business Segments
Available Customization:
List of players that can be included in the study on immediate basis are Mahanagar Gas (India), J-W Power (United States) and GNVert (France).