Press Release / Business / CNG dispenser Market Share, Business Growth, Historical Analysis, Company Profile, Upcoming Trends, Competitive Landscape, Future Prospects and Regional Forecast 2023

CNG dispenser Market Share, Business Growth, Historical Analysis, Company Profile, Upcoming Trends, Competitive Landscape, Future Prospects and Regional Forecast 2023

Market Highlights:
CNG dispenser is a filling equipment installed in gas station to fill the gas in the vehicles. CNG dispenser is capable of quickly refilling the empty fuel tank of vehicles. It shows the pressure and temperature going into a tank and then displays that how many gasoline gallon equivalants (GGEs) are going into a vehicle. In order to reduce the environmental footprint and decrease the fuel cost, the operators are moving towards natural gas. There are mainly two types of CNG dispenser, mainly, fast fill and time fill. Fast fill dispenser are suitable for light-duty vehicles such as cars and vans, whereas time fill dispensers are designed based on the requirement. All these factors influence the cost of installation of both the types.
Based on type, the CNG Dispenser Market is segmented into fast fill and time fill. Fast fill CNG dispenser segment dominates the market as growing natural gas fueled vehicles are driving the growth of the fast fill dispenser market. Whereas, in time fill CNG dispenser, the fleet manager can control when the tank of a vehicle is filled. These dispensers come with advance technology which comes with a control software allowing safe, accurate, temperature compensated fill for every vehicle.    
The global CNG dispenser market is expected to grow at 7.70% CAGR during the forecast period.
Global CNG dispenser market is expected to witness a high growth during the forecast period due to low running cost of natural gas vehicles. For instance, Asia-Pacific holds the largest number of natural gas stations as well as natural gas vehicles (NGVs) 18,509,677 and 18,735 respectively. This would positively impact the growth of CNG dispenser market. 
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Key Players:
The key players of the global CNG dispenser market are Fortive (US), Dover (US), Tulsa Gas Technologies (India), Scheidt & Bachmann (US), Kraus (US), Compac (US), Bennett (US), Censtar (China), FTI International (Canada), Lanfeng (China), Sanki (China), Parker (US), Tatsuno (Japan), WEH (Germany).
Scope of the Report:
This report provides an in-depth analysis of the global CNG dispenser market, tracking three market segments across five geographic regions. The scope of the study segments the CNG dispenser market by its type, power rating, end-user, and by region.
By Type

Fast Fill
Time Fill

By Flow Rate

Up to 15 kg/min
Up to 50 kg/min
Up to 100 kg/min

By Distribution

Company owned & company run
Company owned & dealer run
Dealer owned & dealer run

By Regions

North America 
Asia-Pacific 
Europe
Middle East & Africa
South America

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