CNG Compressor Market Presents An Overall Analysis, Trends And Forecast By 2030
CNG Compressor Market Scope: CNG Compressor Market share is expected to surpass USD 5,072.6 Million by 2030, with a 5% CAGR during the forecast period, 2022-2030. Growth Inducers and Key Barriers The impact analysis on COVID-19 has been carried out by MRFR, which reveals that the energy and power industry can be profoundly affected by the plummeting demand and the crashing prices of power around the world. Taking into account the long-term impact of COVID-19, most of the leading companies are presently working on bringing down the costs of protecting their assets, and are also putting in efforts to ensure uninterrupted operations to control the revenue loss. While the world is busy trying to achieve a COVID-19 breakthrough, the lockdown situation has managed to restrain the movement of materials across energy and power plants. The short turn impact has been a massive decline in the investment capacity along with a drop in power prices in the face of political uncertainty, s...