The Serbia CNG (compressed natural gas) fuel market is expected to reach USD 118.94 million by 2035 from USD 92.41 million in 2023, growing at a CAGR of 2.1% during the forecast period of 2024 to 2035.
Serbia CNG (Compressed Natural Gas) Fuel Market Segmentation, By Products (CNG (Methane-Natural Gas Stored Under High Pressure and Used As Transportation Fuel) and BioCNG (Biomethane)), Source (Associated Gas and Non-Associated Gas), Kits (Sequential and Venturi), Fuel Chamber (Dual-Fuelled Vehicles and Dedicated (CNG-Fuelled) Vehicles), Vehicle Type (Private and Fleet), CNG Fuel Stations Offering (Monofuel Refuelling Stations (Offering Solely CNG) and Multifuel Refuelling Stations (Offering Conventional Fuels and CNG), CNG Fuel Stations Entity (Public Refuelling Stations (Free Access at the Station) and Private/Internal), End Use (Light Motor Vehicles, Medium Motor Vehicles, and Heavy Motor Vehicles) – Industry Trends and Forecast to 2035
Overview of Serbia CNG (Compressed Natural Gas) Fuel Market Dynamics:
Driver • Increasing stringent environmental policies and emission reduction targets in Serbia support the adoption of CNG Restraint • High initial costs associated with developing CNG stations and infrastructure Opportunity • Substantial potential in converting existing fleets of public and private transportation to CNG Market Players:
The key market players operating in the Serbia CNG (compressed natural gas) fuel market are listed below: • NIS • KryoGas
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview
1.4 Limitations
1.5 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Years Considered For The Study
2.3 Currency And Pricing
2.4 Dbmr Tripod Data Validation Model
2.5 Multivariate Modeling
2.6 Primary Interviews With Key Opinion Leaders
2.7 Dbmr Market Position Grid
2.8 Market End-use Coverage Grid
2.9 Dbmr Vendor Share Analysis
2.10 Secondary Sources
2.11 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Pestle Analysis
4.1.1 Political Factors
4.1.2 Economic Factors
4.1.3 Social Factors
4.1.4 Technological Factors
4.1.5 Legal Factors
4.1.6 Environmental Factors
4.2 Porter’s Five Forces
4.2.1 Threat Of New Entrants
4.2.2 Threat Of Substitutes
4.2.3 Bargaining Power Of Suppliers
4.2.4 Bargaining Power Of Buyers
4.2.5 Competitive Rivalry
4.3 Production Consumption Analysis
4.4 Vendor Selection Criteria
4.5 Bio-cng Legislation
4.6 Cng Operating Companies
4.7 Estimation Of Retail Cng Sales Per Operating Company
4.8 Estimation Of Total Motor Fuels Retail Market And Cng Retail Market
4.9 Number Of Cng Refueling Stations
4.10 Price Analysis
4.10.1 Average Cng Price Per Country In Eur/Kg – History And Forecast
4.10.2 Price Structure: Industrial Cng Price/Vat/Excise Duty Per Country In Eur/Kg – History & Forecast
4.11 Analysis Of Total Number Of Refueling Stations (Offering All Types Of Fuel)
4.11.1 Current Distribution And Trends
4.11.2 Implications And Future Outlook
4.12 Climate Change Scenario
4.12.1 Environmental Concerns
4.12.2 Industry Response
4.12.3 Government's Role
4.12.4 Analyst's Recommendations
4.13 Cng Refuelling Infrastructure Analysis
4.13.1 Serbia
4.13.1.1 Current State Of Infrastructure
4.13.1.2 Challenges
4.13.1.3 Opportunities:
4.13.2 Romania:
4.13.2.1 Current State Of Infrastructure:
4.13.2.2 Challenges:
4.13.2.3 Opportunities:
4.13.3 Bulgaria:
4.13.3.1 Current State Of Infrastructure:
4.13.3.2 Challenges:
4.13.3.3 Opportunities:
4.13.4 Comparative Summary:
4.14 Estimation Of Total Motor Fuels Retail Market And Cng Retail Market
4.14.1 Infrastructure Development:
4.14.2 Government Policies:
4.14.3 Environmental Concerns:
4.14.4 Market Share Dynamics
4.15 Government And Local Permitting Process For Cng Infrastructure
4.15.1 Installation Of Cng Equipment
4.15.1.1 Serbia:
4.15.1.2 Romania:
4.15.1.3 Bulgaria:
4.15.2 Filling Of Stationary Containers
4.15.2.1 Serbia:
4.15.2.2 Romania:
4.15.2.3 Bulgaria:
4.15.3 Building Refueling Facilities
4.15.3.1 Serbia:
4.15.3.2 Romania:
4.15.3.3 Bulgaria:
4.15.4 Additional Considerations
4.15.4.1 Serbia:
4.15.4.2 Romania:
4.15.4.3 Bulgaria:
4.16 Market Analysis On Vehicle Type: Passenger Cars Vs. Ldv (Light Duty Busues<5t And Light Duty Trucks <3,5t) Vs. Hdv (Heavy Duty Buses>5t And Heavy-duty Vehicles>3,5t)
4.16.1 Passenger Cars
4.16.2 Light Duty Vehicles (Ldvs)
4.16.3 Heavy Duty Vehicles (Hdvs)
4.17 National Program And Strategies For Increasing Cng Consumption
4.17.1 Serbia
4.17.2 Romania
4.17.3 Bulgaria
4.18 Number Of Cng Refueling Stations And Their Share
4.19 Raw Material Coverage
4.19.1 Natural Gas
4.19.2 Sources And Supply Chain
4.19.3 Market Dynamics
4.19.4 Recent Development
4.20 Standards, Technical, And Safety Specifications For Cng Infrastructure
4.20.1 Cng Containers For Storage
4.20.1.1 Material Standards
4.20.1.2 Certification
4.20.1.3 Inspection And Testing
4.20.1.4 Safety Features
4.20.2 Compression Plants
4.20.2.1 Design Standards
4.20.2.2 Safety Protocols
4.20.2.3 Operational Safety
4.20.3 Compressors Installations
4.20.3.1 Technical Specifications
4.20.3.2 Installation Requirements
4.20.3.3 Safety Measures
4.20.4 Dispensing Installations
4.20.4.1 Dispenser Design
4.20.4.2 Metering Accuracy
4.20.4.3 User Safety
4.20.5 Piping And Fittings
4.20.5.1 Material Specifications
4.20.5.2 Installation Standards
4.20.5.3 Leak Prevention
4.20.6 Supplementary Elements
4.20.6.1 Valves And Regulators
4.20.6.2 Control Systems
4.20.6.3 Emergency Systems
4.20.7 Compliance And Certification
4.20.7.1 National And International Standards
4.20.7.2 Certification Requirements
4.20.7.3 Regular Audits And Inspections
4.21 Supply Chain Analysis
4.21.1 Overview
4.21.2 Logistic Cost Scenario
4.21.2.1 Fuel Transportation Costs
4.21.2.2 Infrastructure-related Costs
4.21.2.3 Economies Of Scale
4.21.3 Importance Of Logistics Service Providers
4.21.3.1 Specialized Knowledge And Capabilities
4.21.3.2 Network And Infrastructur
4.21.3.3 Cross-border Coordination
4.21.3.4 Cost Optimization
4.21.3.5 Risk Management
4.21.4 Conclusion
4.22 Technological Advancements By Manufacturers
4.22.1 Advanced Compression Technology
4.22.2 Improved Storage Solutions
4.22.3 Infrastructure Expansion Technologies
4.22.4 Digital Monitoring And Control Systems
5 Regulation Coverage
6 Market Overview
6.1 Drivers
6.1.1 Increasing Stringent Environmental Policies And Emission Reduction Targets In Serbia, Romania, And Bulgaria Support The Adoption Of Cng
6.1.2 Rising Economic Benefits Of Using Cng
6.1.3 Increased Government Incentives And Subsidies Promoting The Use Of Cng
6.2 Restraints
6.2.1 High Initial Costs Associated With Developing Cng Stations And Infrastructure
6.2.2 Lack Of Comprehensive Cng Refuelling Infrastructure
6.3 Opportunities
6.3.1 Substantial Potential In Converting Existing Fleets Of Public And Private Transportation To Cng
6.3.2 Collaborative Efforts Between Serbia, Romania, And Bulgaria In Developing Cross-border Cng Infrastructure
6.4 Challenges
6.4.1 Increasing Competition With Alternative Fuels
6.4.2 Strict Safety And Regulatory Standards Heighten Complexity And Costs
7 Serbia, Romania, And Bulgaria Cng (Compressed Natural Gas) Fuel Market, By Products
7.1 Overview
7.2 Cng (Methane-natural Gas Stored Under High Pressure And Used As Transportation Fuel)
7.3 Biocng (Biomethane)
8 Serbia, Romania, And Bulgaria Cng (Compressed Natural Gas) Fuel Market, By Source
8.1 Overview
8.2 Associated Gas
8.2.1 Non-associated Gas
9 Serbia, Romania, And Bulgaria Cng (Compressed Natural Gas) Fuel Market, By Kits
9.1 Overview
9.2 Sequential
9.3 Venturi
10 Serbia, Romania, And Bulgaria Cng (Compressed Natural Gas) Fuel Market, By Fuel Chamber
10.1 Overview
10.2 Dual-fuelled Vehicles
10.3 Dedicated (Cng-fuelled) Vehicles
11 Serbia, Romania, And Bulgaria Cng (Compressed Natural Gas) Fuel Market, By Vehicle Type
11.1 Overview
11.2 Private
11.3 Fleet
12 Serbia, Romania, And Bulgaria Cng (Compressed Natural Gas) Fuel Market, By Cng Fuel Stations Offering
Figure 15 Rising Economic Benefits Of Using Cng Is Expected To Drive The Serbia, Romania, And Bulgaria Cng (Compressed Natural Gas) Fuel Market In The Forecast Period
Figure 16 The Cng (Methane-natural Gas Stored Under High Pressure And Used As Transportation Fuel) Segment Is Expected To Account For The Largest Share Of The Serbia, Romania, And Bulgaria Cng (Compressed Natural Gas) Fuel Market In 2024 And 2031
Figure 17 Pestel Analysis
Figure 18 Porter’s Five Forces
Figure 19 Production Consumption Analysis: Serbia, Romania, And Bulgaria Cng (Compressed Natural Gas) Fuel Market
Figure 20 Vendor Selection Criteria
Figure 21 Drivers, Restraints, Opportunities And Challenges Of Serbia, Romania, And Bulgaria Cng (Compressed Natural Gas) Fuel Market