CNG Dispenser Market to Grow on account of High Demand from the Automotive Industry | Tulsa Gas Technologies, Censtar Fortive Dover, Compac, FTI International, and Langfeng.

A CNG dispenser is used at a filling station for pumping CNG into vehicles. Global energy consumption is increasing rapidly day by day. Demand for CNG dispensers is rising due to growing demand for energy in the automotive industry. CNG has high calorific value and content. Its use causes less pollution. It yields heat and it is found in large quantities across the world. It is one of the viable alternatives for the traditional energy sources used in the automotive industry.

Click here to get sample of the premium report: https://www.quincemarketinsights.com/request-sample-10482?utm_source=hp&utm_medium=openpr&utm_campaign=hp

Key Takeaways of the CNG Dispenser Study

1. The CNG dispenser market has been segmented, by type, into fast fill and time fill. The fast fill segment is anticipated to be the largest segment of the market. One of the key reasons behind the growth of the fast fill market is the growth of natural gas fueled vehicles.

2. The CNG dispenser market has been segmented, by flow rate, into up to 15 kg/min, up to 50 kg/min, and up to 100 kg/min. The up to 100 kg/min segment held the largest share in the market and is expected to grow at the fastest rate over the forecast period. Light-duty vehicles require quick filling. The flow rate of the dispenser is configured on the basis of station requirements and the type of vehicles serviced.

3. Asia Pacific is estimated to be the largest market during the forecast period. With an increasing number of refueling stations, countries such as China and India have an increasing number of natural gas vehicles.

4. The major factor restraining the growth of the CNG dispenser market is easy transition to biofuels.

Get ToC for the overview of the premium report: https://www.quincemarketinsights.com/request-toc-10482?utm_source=hp&utm_medium=openpr&utm_campaign=hp

Notable Development Trends to Open up New Horizons of Growth for CNG Dispenser
The leading companies in the market focus on product development as well as the acquisition in the market to enhance the market share in the global market during the forecast period.

1. April 18, 2018 - Kraus Global Ltd., a global leader of alternative fuel dispensing solutions and innovator of many recognized technological advances in the marketplace, continue to shape the industry with the advent of Metered CNG Fill Post Systems. Filling an equipment gap in the industry, this advanced intelligent post control system provides accurate metering from each vehicle hose.

2. May 13, 2014 - Parker Hannifin Corp. introduced industrial and fleet fuel dispensing solutions for high-flow, high-cycle compressed natural gas (CNG) applications, featuring a four-to-one safety factor on all pressure-rated metal parts.

Major points covered in the CNG Dispenser Study:
1. Macroeconomic factors affecting the CNG Dispenser and its potential
2. CNG Dispenser dynamics, such as drivers, challenges, and trends
3. Detailed value chain analysis of the CNG Dispenser
4. The cost structure of the products and segments covered in the study
5. key product segments, regions and by major market participants are anlyzed
6. Analysis of demand and supply, such as top manufacturing and consuming regions, overall trade scenario with imports/exports details
7. Analysis of the market structure, including a tier-wise categorization of key market participants
8. Competitive landscape of the CNG Dispenser, including detailed profiles of the top players in this market

Speak to analyst before buying this report: https://www.quincemarketinsights.com/enquiry-before-buying/enquiry-before-buying-10482?utm_source=hp&utm_medium=openpr&utm_campaign=hp

Some of the major players in the CNG Dispenser are Tulsa Gas Technologies, Censtar Fortive Dover, Compac, FTI International, and Langfeng.
Market Segmentation:

By Type:
• Fast Fill
• Time Fill

By Flow Rate:
• Up to 15Kg/Min
• Up to 50Kg/Min
• Up to 100Kg/Min

By Distribution:
• Company Owned & Company Run
• Company Owned & Dealer Run
• Dealer Owned & Dealer Run

By Region:

North America
o By Country (US, Canada, Mexico)
o By Type
o By Flow Rate
o By Distribution

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Type
o By Flow Rate
o By Distribution

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Flow Rate
o By Distribution

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Type
o By Flow Rate
o By Distribution

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Type
o By Flow Rate
o By Distribution

Rest of the World
o By Region (South America, Africa)
o By Type
o By Flow Rate
o By Distribution

Reasons To Buy This Report:
• Market size estimation of the CNG dispenser market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country

Contact:
Quince Market Insights
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 1444 39 0986
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

This release was published on openPR.