| Product Code: ETC4528765 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India CNG dispenser market import shipments exhibited robust growth with a notable CAGR from 2020 to 2024. However, there was a slight decline in growth rate between 2023 and 2024. Overall, the market expanded significantly, showing strong momentum despite a minor slowdown in the final year.
The CNG (Compressed Natural Gas) dispenser market is witnessing significant growth in India as the country shifts towards cleaner and more sustainable fuel sources. This growth is fueled by the increasing adoption of CNG-powered vehicles and the expansion of CNG refueling infrastructure.
India CNG dispenser market is on the rise due to the increasing adoption of Compressed Natural Gas (CNG) as a cleaner alternative to conventional fuels. Government policies promoting CNG vehicles and the expansion of CNG refueling infrastructure, particularly in urban areas, are significant drivers. Environmental concerns, cost-effectiveness, and energy security are also contributing factors.
The CNG (Compressed Natural Gas) dispenser market in India faces several challenges. One of the prominent issues is the limited availability and accessibility of CNG infrastructure, which can deter potential CNG vehicle owners and slow down market growth. The infrastructure development is often hindered by regulatory hurdles, land acquisition issues, and the need for substantial investments. Another challenge is the lack of standardized CNG dispenser specifications and regulations, leading to variations in product quality and performance. Safety and maintenance concerns related to CNG dispensers also pose challenges for both manufacturers and operators. Furthermore, market growth is influenced by the adoption rate of CNG vehicles, which is in turn affected by government policies, environmental concerns, and the availability of other alternative fuels. Economic factors and global energy trends also impact the affordability and attractiveness of CNG as a fuel source.
The India CNG dispenser market faced challenges during the pandemic due to reduced mobility and transportation restrictions. Demand for CNG decreased as people stayed home, impacting the usage of CNG dispensers. However, as environmental concerns and a push for cleaner energy sources continue, the market is expected to rebound in the long term with an increased emphasis on sustainable transportation solutions.
Prominent entities in the CNG Dispenser market in India encompass Bennett Pump Company, Tatsuno Corporation, Scheidt & Bachmann, and Kraus Global.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India CNG Dispenser Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India CNG Dispenser Market Revenues & Volume, 2021 & 2031F |
3.3 India CNG Dispenser Market - Industry Life Cycle |
3.4 India CNG Dispenser Market - Porter's Five Forces |
3.5 India CNG Dispenser Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India CNG Dispenser Market Revenues & Volume Share, By Flow Rate, 2021 & 2031F |
3.7 India CNG Dispenser Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 India CNG Dispenser Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives promoting the adoption of clean fuels like CNG. |
4.2.2 Growing awareness about environmental sustainability and reducing carbon emissions. |
4.2.3 Rise in demand for cost-effective and efficient fueling solutions in the transportation sector. |
4.3 Market Restraints |
4.3.1 High initial setup costs associated with installing CNG dispensers. |
4.3.2 Limited availability of CNG infrastructure and refueling stations in some regions. |
4.3.3 Lack of standardization and regulations in the CNG dispenser market. |
5 India CNG Dispenser Market Trends |
6 India CNG Dispenser Market, By Types |
6.1 India CNG Dispenser Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India CNG Dispenser Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India CNG Dispenser Market Revenues & Volume, By Fast Fill , 2021-2031F |
6.1.4 India CNG Dispenser Market Revenues & Volume, By Time Fill, 2021-2031F |
6.2 India CNG Dispenser Market, By Flow Rate |
6.2.1 Overview and Analysis |
6.2.2 India CNG Dispenser Market Revenues & Volume, By Up to 15, 2021-2031F |
6.2.3 India CNG Dispenser Market Revenues & Volume, By Up to 50, 2021-2031F |
6.2.4 India CNG Dispenser Market Revenues & Volume, By Up to 100 Kg/Min, 2021-2031F |
6.3 India CNG Dispenser Market, By Distribution |
6.3.1 Overview and Analysis |
6.3.2 India CNG Dispenser Market Revenues & Volume, By Company Owned & Company Run, 2021-2031F |
6.3.3 India CNG Dispenser Market Revenues & Volume, By Company Owned & Dealer Run, 2021-2031F |
6.3.4 India CNG Dispenser Market Revenues & Volume, By Dealer Owned & Dealer Run, 2021-2031F |
7 India CNG Dispenser Market Import-Export Trade Statistics |
7.1 India CNG Dispenser Market Export to Major Countries |
7.2 India CNG Dispenser Market Imports from Major Countries |
8 India CNG Dispenser Market Key Performance Indicators |
8.1 Average number of CNG vehicles registered annually. |
8.2 Percentage increase in CNG refueling stations across India. |
8.3 Adoption rate of CNG technology in the transportation sector. |
8.4 Average waiting time at CNG dispensing stations. |
8.5 Investment in research and development for CNG dispenser technology. |
9 India CNG Dispenser Market - Opportunity Assessment |
9.1 India CNG Dispenser Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India CNG Dispenser Market Opportunity Assessment, By Flow Rate, 2021 & 2031F |
9.3 India CNG Dispenser Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 India CNG Dispenser Market - Competitive Landscape |
10.1 India CNG Dispenser Market Revenue Share, By Companies, 2024 |
10.2 India CNG Dispenser Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |