About LPG Regulators for Cylinders
LPG regulators are a critical part of gas cylinders that reduces the high pressure from the gas bottle to a consistent regulator gas pressure, as required by the application. The LPG regulator controls the flow of gas in an LP gas line by reducing the pressure from the storage container to the gas line and appliance the gas line is serving. The gas pressure of regulators is factory pre-set to make the automatic gas bottle regulator adjustment to achieve the standard operating pressure for gas appliances.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that Indian Vendors will contribute the maximum growth to Global LPG Regulators for Cylinders market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Emerson (United States), Katsura Company, Ltd (Japan), Kosan Industries (India), ECP Industries (India), Rotarex (Luxembourg), Cavagna Group (Italy), Kabsons Gas Equipment (India), Yung Shen Gas Appliances (Taiwan), Mauria Udyog (India) and Ozsoy Pres (Tukey) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Itron (United States), Messer Group (Germany), GCE Group (Switzerland) and Others.
Segmentation Overview
AMA Research has segmented the market of Global LPG Regulators for Cylinders market by Type (High Pressure, Low Pressure and Clip-on), Application (Households, Commercial, Industrial, Automotive and Others) and Region.
On the basis of geography, the market of LPG Regulators for Cylinders has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the LPG Regulators for Cylinders market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Stainless Steel will boost the LPG Regulators for Cylinders market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Innovation of New Product Equipped With a Pressure Gauge to Check the Remaining Gas Level As Well As a Possible Leak
Market Growth Drivers:
Increasing Demand of Advanced LPG Regulators for Cylinders for Enhanced Safety and Growing Adoption of Clip-on LPG Regulators by Residential and Commercial End-Users
Challenges:
On/Off Knob on the Clip-On Regulator Is Made Of Plastic That Could Be Break If Handled Without Care
Restraints:
Government Initiatives for the Installation of Gas Pipelines Can Hamper the Growth
Opportunities:
Increasing Number of LPG Vehicle Consumers Due to Cost-Effectiveness
In April 2024, Energy technology company Baker Hughes has won a contract to supply electric-driven liquefaction technologies for Cedar LNG, a proposed floating liquefied natural gas (LNG) facility in Kitimat, British Columbia.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, LPG Regulators for Cylinders Manufacturers, Suppliers and Distributors of LPG Regulators for Cylinders, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.