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Albany, NY -- (SBWIRE) -- 06/01/2015 -- According to different fuels used by natural gas stations, gas station equipment can be divided into compressed natural gas (CNG) station equipment and liquefied natural gas (LNG) station equipment. The former mainly includes CNG compressors, sequence control panels, CNG gas storage facilities, dispensers, and other equipment while the latter mainly involves LNG storage tanks, LNG cryogenic pumps, LNG dispensers, as well as other related equipment. Natural gas station equipment industry is closely related to the construction of natural gas stations.
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As of the end of 2014, there were 6,955 natural gas stations in China, a figure that was up 24.7% from a year ago. In 2014, China had an addition of 1,379 natural gas stations, down 21.2% year on year. Among them, the newly-built LNG stations fell by 36.5% compared with the previous year, while CNG stations were up 0.7% from a year ago. The fall in the growth of new LNG stations in 2014 was mainly due to a fall in international oil price, which led to a drop in economy of natural gas vehicles, thus slowing the investment in natural gas stations. Therefore, China's natural gas station equipment industry also presented a similar trend.
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At present, CNG station equipment industry has higher regional and market concentration. For example, the top 3 enterprises operating CNG compressors for natural gas stations account for a combined 64% market share, which is totally concentrated in Zigong city, Sichuan Province. 74% shares of CNG gas storage facility market have been held by Zigong Huaqi Technology Co., Sichuan Chuanyou Natural Gas Technology Co., and Zigong Daye High Pressure Container Co., which are all from Zigong city, Sichuan province.
In terms of LNG station equipment industry, as the number of newly-built LNG stations dived in 2014, China's LNG station equipment industry was also severely affected. With the rapid growth of LNG vehicles and accelerated market-oriented reform of natural gas prices, we project that during 2015-2018 China's investment in LNG stations will rebound, but its growth rate will slow down. The skid-mounted mobile LNG station enjoys many remarkable merits, such as short construction period, high flexibility and mobility, and wider applications, making it a promising natural gas station. As LNG stations expand from Yangtze River Delta Region, Pearl River Delta Region, and Bohai Economic Rim to inland regions, the construction of mobile natural gas stations is speeding up, so that LNG station equipment market size might increase gradually.
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Table of Content
1 Overview of Natural Gas Fueling Stations and Equipment
1.1 Natural Gas and Related Equipment
1.1.1 Natural Gas Equipment
1.1.2 Natural Gas Fueling Stations and Related Equipment
1.2 CNG Station and Related Equipment
1.2.1 CNG Station
1.2.2 CNG Station Equipment
1.3 LNG Station and Related Equipment
1.3.1 LNG Station
1.3.2 LNG Station Equipment
1.4 Business Model
1.5 Development Trend
2 Natural Gas Production and Consumption in China
2.3 Import and Export
3 Natural Gas Vehicle and Gas Fueling Station Market
3.1 Natural Gas Vehicle
3.1.1 Market Situation
3.1.2 Global Market
3.1.3 Chinese Market
3.2 Natural Gas Fueling Station
3.2.1 Global Market
3.2.2 Chinese Market
3.3 Competitive Landscape
3.3.1 Natural Gas Station Operators
3.3.2 Regional Competition
3.4 Development Prospects
4 China's CNG Station Equipment Industry
4.1 Market Situation
4.2 Market Size
4.3 Main Equipment Segments
4.3.1 CNG Compressor
4.3.2 CNG Storage Facility
4.3.3 CNG Dispensers and Related Equipment
4.4 Major Parts
4.4.1 CNG Mass Flowmeter
4.4.2 Solenoid Valve and Emergency Release Coupler
5 China's LNG Station Equipment Industry
5.1 Market Situation
5.2 Market Size
5.3 Major Equipment Segments
5.3.1 Cryogenic Tanks
5.3.2 LNG Cryogenic Pumps
5.3.3 LNG Dispensers
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