With rising volume of CO2 emissions and natural gas vehicles (NGVs), the demand for alternative fuel sources has witnessed a sharp rise in the past one decade. Manufacturers of CNG compressors see this as a positive sign to up their stance in the global market, and have been consistently looking for innovative ways in which they can launch their products. This is the reason why, despite challenges in the form of huge infrastructure costs, capital required to build CNG stations, and other related costs, industry analysts at Technavio expect the global market of CNG compressors to witness a growth in the next five years.
The APAC region is expected to witness immense demand for CNG compressors.
Some of the major players in the global CNG compressors market as identified by our market experts are:
1) Ingersoll Rand
Based in Dublin, Ingersoll Rand is one of the prominent names in the global market of CNG compressors. A leader in CNG for the NGV market, the company provides safe, reliable, and compact compression packages. These compressors are designed for heavy use and provide quality and performance which is perfect for most NGV users, including school bus and municipal fleets, forklift applications, utilities, and public refueling.
Last August the company introduced new rotary screw air compressors with variable speed drive technology, which increases the air flow output by 15% and reduces energy cost by up to 35%.
2) BAUER Compressors
BAUER Compressors specializes in high-pressure breathing air products, GSA/military breathing air products, industrial air and gas products, plastics technology, natural gas, and inert gas compression. Fleets use their compression systems all over the world because of their consistent reliability and performance as well as their performance and large capacity.
The company also offers a complete line of standard, pre-engineered, and accurately designed CNG compression systems that are suitable for large public stations and small fleets.
3) Atlas Copco
A worldwide provider of sustainable productivity solutions, innovative compressors, construction and mining equipment, vacuum solutions and air treatment systems, power tools, and assembly systems, Atlas Copco is a major products and solutions provider in terms compression technology. One of the leading companies in the CNG compressors market, Atlas Copco is a leading provider of compressed air and gas solutions for the NGV market. The company has its CNG production line, which is ISO 9001-, ISO 14001-, and OSHA-certified in China, India, France, and the US.
4) Ariel Corporation
One of the largest manufacturers of separable reciprocating gas compressors, the products from Ariel Corporation are utilized by energy industry globally in the extraction, processing, transport, storage, and distribution of natural gas, from the wellhead to the end-user. The services and products offered by the company include reciprocating compressors, rotary compressors, process reciprocating compressors, and compressor parts. It also offers software to evaluate the performance of the compressors; specially designed to evaluate new and existing devices.
5) Clean Energy Compression
Clean Energy Compression provides services for all type of fueling needs. It mainly focuses on CNG applications for airport service vehicles, green fuel for construction companies, government fleets, heavy-duty trucks, industrial facilities, LDVs and MDVs, marine, mining, rail, garbage, shuttles, and transits and taxis. It primarily provides four types of equipment:
- Compression equipment
- Pressure reduction equipment
- Dispensing equipment
- Virtual pipeline equipment
