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Transparency Market
Research
Natural Gas Compressors, Natural Gas Engines, Gas
Turbines, Centrifugal Gas Compressors Market - Asia and
MEA Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2023
Published Date
31-July-2015
157 Page Report
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Press Release
Natural Gas Compressors, Natural Gas Engines, Gas
Turbines, Centrifugal Gas Compressors Market in Asia,
Middle East and Africa expected to reach US$ 18,575.1 Mn
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Natural Gas Compressors
REPORT DESCRIPTION
Natural Gas Compressors, Natural Gas Engines, Gas Turbines, Centrifugal Gas Compressors
Market - Asia and MEA Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
The Asia and Middle East and Africa (MEA) natural gas engines market in was valued at US$ 283.6 Mn in
2013 and is expected to reach US$ 2,137.7 Mn by 2022, growing at a CAGR of 25.2% from 2015 to 2022. In
terms of volume, in 2013, the natural gas engines market witnessed shipments of 23,893 units.
Kazakhstan was the largest revenue contributor in 2013, and was valued at US$ 27.7 Mn. Increasing
number of natural gas vehicles in Kazakhstan is fostering the market growth of natural gas engines. The
growth is further propelled by growth in the gas industry which uses natural gas fired reciprocating engines
at pipeline compressor and storage stations and at gas processing plants. The market for gas turbines was
valued at 6,658.0 Mn in 2013 and is expected to grow with a CAGR of 8.9% during the forecast period:
2015-2022.
Browse Natural Gas Compressors, Natural Gas Engines, Gas Turbines, Centrifugal Gas
Compressors Market Report with Full TOC at http://www.transparencymarketresearch.com/asia-meanatural-gas-compressors.html
The growth is mainly driven by its deployment at increasing...