Pressure Vessel Market by Construction Type (CNG Type I, CNG Type II, CNG Type III), Application (CNG Vehicles, Gas Storage, Hydrogen Vehicles) - Global Forecast 2024-2030

Pressure Vessel Market by Construction Type (CNG Type I, CNG Type II, CNG Type III), Application (CNG Vehicles, Gas Storage, Hydrogen Vehicles) - Global Forecast 2024-2030


The Pressure Vessel Market size was estimated at USD 176.24 billion in 2023 and expected to reach USD 183.91 billion in 2024, at a CAGR 4.44% to reach USD 238.97 billion by 2030.

Global Pressure Vessel Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Pressure Vessel Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Pressure Vessel Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Pressure Vessel Market, highlighting leading vendors and their innovative profiles. These include Aager GmbH, Alfa Laval AB, Alloy Products Corporation, Andritz AG, Babcock & Wilcox Enterprises, Inc., Bharat Heavy Electricals Limited, Codeware Inc., Cook & Boardman Group LLC, Doosan Heavy Industries & Construction Co., Ltd., FLYABILITY SA, Frames Group B.V., GEA Group AG, General Electric Company, IHI Plant Services Corporation, and Kelvion Holdings GmbH.

Market Segmentation & Coverage

This research report categorizes the Pressure Vessel Market to forecast the revenues and analyze trends in each of the following sub-markets:

Construction Type
CNG Type I
CNG Type II
CNG Type III
CNG Type IV
Application
CNG Vehicles
Gas Storage
Hydrogen Vehicles
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Pressure Vessel Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Pressure Vessel Market?
3. What are the technology trends and regulatory frameworks in the Pressure Vessel Market?
4. What is the market share of the leading vendors in the Pressure Vessel Market?
5. Which modes and strategic moves are suitable for entering the Pressure Vessel Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Pressure Vessel Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising demand from the chemicals and petrochemicals industry
5.1.1.2. Installation of pressure vessels in aging power plants
5.1.1.3. Growing adoption of supercritical power generation technology
5.1.2. Restraints
5.1.2.1. Technical complexities associated with the dismantling of the project
5.1.3. Opportunities
5.1.3.1. Advancement of NDT technology and its application in the safety assessment of pressure vessels
5.1.3.2. Rising investments in exploration & production activities by the oil & gas companies
5.1.4. Challenges
5.1.4.1. Strict emission standards related to pressure vessels
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Pressure Vessel Market, by Construction Type
6.1. Introduction
6.2. CNG Type I
6.3. CNG Type II
6.4. CNG Type III
6.5. CNG Type IV
7. Pressure Vessel Market, by Application
7.1. Introduction
7.2. CNG Vehicles
7.3. Gas Storage
7.4. Hydrogen Vehicles
8. Americas Pressure Vessel Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Pressure Vessel Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Pressure Vessel Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Aager GmbH
12.1.2. Alfa Laval AB
12.1.3. Alloy Products Corporation
12.1.4. Andritz AG
12.1.5. Babcock & Wilcox Enterprises, Inc.
12.1.6. Bharat Heavy Electricals Limited
12.1.7. Codeware Inc.
12.1.8. Cook & Boardman Group LLC
12.1.9. Doosan Heavy Industries & Construction Co., Ltd.
12.1.10. FLYABILITY SA
12.1.11. Frames Group B.V.
12.1.12. GEA Group AG
12.1.13. General Electric Company
12.1.14. IHI Plant Services Corporation
12.1.15. Kelvion Holdings GmbH
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. PRESSURE VESSEL MARKET RESEARCH PROCESS
FIGURE 2. PRESSURE VESSEL MARKET SIZE, 2023 VS 2030
FIGURE 3. PRESSURE VESSEL MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. PRESSURE VESSEL MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. PRESSURE VESSEL MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. PRESSURE VESSEL MARKET DYNAMICS
FIGURE 7. PRESSURE VESSEL MARKET SIZE, BY CONSTRUCTION TYPE, 2023 VS 2030 (%)
FIGURE 8. PRESSURE VESSEL MARKET SIZE, BY CONSTRUCTION TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. PRESSURE VESSEL MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. PRESSURE VESSEL MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS PRESSURE VESSEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS PRESSURE VESSEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES PRESSURE VESSEL MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES PRESSURE VESSEL MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC PRESSURE VESSEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC PRESSURE VESSEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA PRESSURE VESSEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA PRESSURE VESSEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. PRESSURE VESSEL MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. PRESSURE VESSEL MARKET SHARE, BY KEY PLAYER, 2023

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