Product Code: ETC048064 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India gas equipment market is projected to register a CAGR of 8.28% during the forecast period 2025-2031. The growing demand for natural gas in various end-use industries such as petrochemicals and power generation, along with government initiatives for increasing the usage of clean energy sources are anticipated to drive the growth of the Indian gas equipment market. Additionally, there has been an increase in investments towards research & development activities that can provide innovative solutions concerning gas equipment, which is likely to create lucrative opportunities for this market over the forecast period.
Increase in Demand from Petrochemical Industry: Natural gas is increasingly used as feedstock and fuel by petrochemical companies across India due to its low price compared to crude oil or other petroleum products. This factor has led to increased investments by these companies in order for them to install advanced equipments and develop infrastructure related products like pipelines and refineries. This will further lead growth of India Gas Equipment Market over the years ahead until 2031. Government Initiatives Promoting Usage Of Clean Energy Sources: Government initiatives have aimed at providing citizens with access cleaner energy sources that produce less pollutants than traditional fuels like coal or petrolutim based fuels. These efforts include creating awareness about alternative sources of energy including use hydrogen fuel cells, solar panels, geothermal pumps etc., coupled with subsidies on their purchase prices and installation charges have made them more attractive options as viable replacements for conventional fossil fuels . These initiatives are expected bolster demand potential within the Indian Gas Equipment Market through 2031
High Investment Cost : Setting up necessary infrastructure required for installing high capacity storage tanks , tubes pipes requires substantial investment cost from manufacturers . As a result , this hinders adoption rate among consumers , thus impacting overall revenue margins available within India Gas Equipment Market throughout next few years.
?Some key players operating within Indian Gas Equipment market include Honeywell International Inc., JSW Steel Ltd., Linde Group AG, Praxair Technology Inc., Reliance Industries Limited (RIL), Siemens AG amongst few others . All aforementioned entities maintain strong brand presence owing highly efficient product portfolio developed using latest technology advancements along with competitive pricing strategies adopted across distribution channels enabling firm foothold on regional level.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Gas Equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Gas Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 India Gas Equipment Market - Industry Life Cycle |
3.4 India Gas Equipment Market - Porter's Five Forces |
3.5 India Gas Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 India Gas Equipment Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 India Gas Equipment Market Revenues & Volume Share, By End-Gas, 2021 & 2031F |
3.8 India Gas Equipment Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 India Gas Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Gas Equipment Market Trends |
6 India Gas Equipment Market, By Types |
6.1 India Gas Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 India Gas Equipment Market Revenues & Volume, By Equipment Type, 2021-2031F |
6.1.3 India Gas Equipment Market Revenues & Volume, By Gas Delivery Systems, 2021-2031F |
6.1.4 India Gas Equipment Market Revenues & Volume, By Gas Regulators, 2021-2031F |
6.1.5 India Gas Equipment Market Revenues & Volume, By Flow Devices, 2021-2031F |
6.1.6 India Gas Equipment Market Revenues & Volume, By Purifiers & Filters, 2021-2031F |
6.1.7 India Gas Equipment Market Revenues & Volume, By Gas Generating Systems, 2021-2031F |
6.1.8 India Gas Equipment Market Revenues & Volume, By Gas Detection Systems, 2021-2031F |
6.1.9 India Gas Equipment Market Revenues & Volume, By Accessories, 2021-2031F |
6.1.10 India Gas Equipment Market Revenues & Volume, By Accessories, 2021-2031F |
6.2 India Gas Equipment Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 India Gas Equipment Market Revenues & Volume, By Gas Generation, 2021-2031F |
6.2.3 India Gas Equipment Market Revenues & Volume, By Gas Storage, 2021-2031F |
6.2.4 India Gas Equipment Market Revenues & Volume, By Gas Detection, 2021-2031F |
6.2.5 India Gas Equipment Market Revenues & Volume, By Gas Transportation, 2021-2031F |
6.3 India Gas Equipment Market, By End-Gas |
6.3.1 Overview and Analysis |
6.3.2 India Gas Equipment Market Revenues & Volume, By Nitrogen, 2021-2031F |
6.3.3 India Gas Equipment Market Revenues & Volume, By Hydrogen, 2021-2031F |
6.3.4 India Gas Equipment Market Revenues & Volume, By Helium, 2021-2031F |
6.3.5 India Gas Equipment Market Revenues & Volume, By Oxygen, 2021-2031F |
6.3.6 India Gas Equipment Market Revenues & Volume, By Carbon Dioxide, 2021-2031F |
6.3.7 India Gas Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.4 India Gas Equipment Market, By End-Users |
6.4.1 Overview and Analysis |
6.4.2 India Gas Equipment Market Revenues & Volume, By Metal Fabrication, 2021-2031F |
6.4.3 India Gas Equipment Market Revenues & Volume, By Chemicals, 2021-2031F |
6.4.4 India Gas Equipment Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.5 India Gas Equipment Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.4.6 India Gas Equipment Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.4.7 India Gas Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 India Gas Equipment Market Import-Export Trade Statistics |
7.1 India Gas Equipment Market Export to Major Countries |
7.2 India Gas Equipment Market Imports from Major Countries |
8 India Gas Equipment Market Key Performance Indicators |
9 India Gas Equipment Market - Opportunity Assessment |
9.1 India Gas Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 India Gas Equipment Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 India Gas Equipment Market Opportunity Assessment, By End-Gas, 2021 & 2031F |
9.4 India Gas Equipment Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 India Gas Equipment Market - Competitive Landscape |
10.1 India Gas Equipment Market Revenue Share, By Companies, 2024 |
10.2 India Gas Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |