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Natural Gas Refueling Infrastructure Market to Set Phenomenal Growth by 2022
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Natural Gas Refueling Infrastructure Market - Global Industry Analysis, Size, Share, Growth Trends 2014 - 2022 ©2019 Transparency Market Research, All Rights Reserved
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Natural Gas Refueling Infrastructure Market Overview Several new projects for developing natural gas facilities have surfaced across the globe. These projects have played a key role in driving demand within the global natural gas refuelling infrastructure market. A recent agreement between Snam, the European giant in gas infrastructure, and Italy’s renowned fuel station company, IP, has sent ripples across the global energy sector. The companies agreed to collaborate on building 26 new gas refuelling plants across Italy in 2020. This development, coupled with several other announcements related to the energy industry, has bolstered market growth. • View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
Growing Use of CNG and LNG in Automobiles The presence of a stellar automobile industry has played an integral role in the growth of the global natural gas refuelling infrastructure market. Several types of vehicles run on natural gas, and this factor necessitates the need for CNG and LNG power stations. Furthermore, the importance of diesel and gasoline stations in urban centers has also generated huge-scale demand within the global natural gas refuelling infrastructure market.
Safety Concerns Related to Development of Gas Refuelling Stations The U.S. Department of Energy releases key stipulations and standards that need to be adhered while developing refuelling stations. The renewable energy domain of the department has imposed tall standards for safety and resilience. The National Fire Prevention Association's Vehicular Gaseous Fuel Systems Code is one of the guidelines that need to be followed while developing energy infrastructure. ©2019 Transparency Market Research, All Rights Reserved
Some of the leading players in market Abu Dhabi National Oil Company Blu LNG, Clean Energy Fuels ENN Energy Holdings Limited Fuel System Solutions, Inc. ©2019 Transparency Market Research, All Rights Reserved
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