Global Natural Gas Refueling Infrastructure Market Overview:
Natural gas refuelling stations are locations where natural gas vehicles (NGVs) that resemble diesel or gasoline vehicles can be refuelled. Natural gas refuelling differs depending on whether compressed natural gas (CNG) or liquefied natural gas (LNG) is used. A CNG station necessitates more equipment, whereas an LNG station necessitates more safety precautions during fueling because it is stored at extremely low temperatures. There are approximately 24,000 natural gas refuelling stations worldwide. China is home to roughly 20% of them. The majority of the fueling stations are CNG, with only a few LNG stations.
|Unit||Value (USD Million)|
|Key Companies Profiled||Shell Global (United Kingdom), APA Corporation (United States), Cryostar SAS (France), Gazprom (Russia), ENN Energy Holdings (China), Parker Hannifin Corp (United States), TotalEnergies (France), Hindustan Petroleum (India), Linde plc (Ireland) and PETRONAS Global (Malaysia)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
- Increased Demand due to Low Cost, Non-Toxic Nature, and Abundant Domestic Supply
- Growing Population of CNG & LNG Vehicles
- Stringent Government Regulations Related to Environment Protection
- Increased Government Initiatives to Promote Growth and development of the Natural Gas Vehicle Market
- High Demand for Natural Gas Vehicles has been Witnessed in Asia Pacific Region has Created Various Opportunities in Natural Gas Refueling infrastructure Market
- High Cost of Infrastructure Development
The demand for natural gas refueling infrastructure is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Shell Global, APA Corporation, Cryostar SAS, Gazprom and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders such as Shell Global, APA Corporation, Cryostar SAS, Gazprom demonstrate a market-defining vision of how natural gas refueling infrastructure can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings.
Some of the key players profiled in the report are Shell Global (United Kingdom), APA Corporation (United States), Cryostar SAS (France), Gazprom (Russia), ENN Energy Holdings (China), Parker Hannifin Corp (United States), TotalEnergies (France), Hindustan Petroleum (India), Linde plc (Ireland) and PETRONAS Global (Malaysia). Additionally, following companies can also be profiled that are part of our coverage like Gasrec (United Kingdom), Trillium CNG (United States) and FTI International Group (Canada). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Natural Gas Refueling Infrastructure market by 2027. Considering Market by Category, the sub-segment i.e. Methane will boost the Natural Gas Refueling Infrastructure market. Considering Market by Component, the sub-segment i.e. Storage Tank will boost the Natural Gas Refueling Infrastructure market.
What Can be Explored with the Natural Gas Refueling Infrastructure Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Natural Gas Refueling Infrastructure Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Natural Gas Refueling Infrastructure
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Natural Gas Refueling Infrastructure market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Natural Gas Refueling Infrastructure market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Government & Regulatory Bodies, Corporate Entities, End-use industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Natural Gas Refueling Infrastructure Market?
The Natural Gas Refueling Infrastructure market is expected to see a CAGR of % during projected year 2021 to 2027.
2. Who are the top performing companies in Natural Gas Refueling Infrastructure Market?
Top performing companies in the Global Natural Gas Refueling Infrastructure market are Shell Global (United Kingdom), APA Corporation (United States), Cryostar SAS (France), Gazprom (Russia), ENN Energy Holdings (China), Parker Hannifin Corp (United States), TotalEnergies (France), Hindustan Petroleum (India), Linde plc (Ireland) and PETRONAS Global (Malaysia), to name a few.
3. What trending factors would impact Natural Gas Refueling Infrastructure Market growth most?
"Emergence of Containerized Refuelling Station
" is seen as one of major influencing trends for Natural Gas Refueling Infrastructure Market during projected period 2021-2027.