The increasing number of natural gas-fueled vehicles and the tendency of countries with scarce natural resources to mitigate their dependence on fossil fuels have significantly brought the need for gas feed systems into the limelight in front of the world. The market for these systems is set to surge at a sustained CAGR of 5.80% through 2034.
The gas feed system market has seen a series of ups and downs in the past few years. In the wake of the pandemic, when energy demand was low, the market experienced a considerable plunge. As these systems are mainly utilized in industrial settings, their demand received a heavy blow.
The ongoing sustainability trends and the revival of economies have again generated a huge demand for gas feed systems in the industrial landscape. With the automation of production units and the development of the manufacturing sector, the market valuation is slated to reach US$ 1,592.2 million by the end of 2034. As of 2024, the market is valued at US$ 906.4 million.
| Attributes | Details |
|---|---|
| Market Value for 2024 | US$ 906.4 million |
| Projected Market Value for 2034 | US$ 1,592.2 million |
| Value-based CAGR of the Market for 2024 to 2034 | 5.80% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Gas feed systems can be associated with a plethora of gases, such as carbon dioxide, chlorine, natural gas, etc. Among these, the natural gas segment holds the majority of the 45.70% share in 2024.
| Attributes | Details |
|---|---|
| Gas Type | Natural Gas |
| Market Share (2024) | 45.70% |
Gas feed systems are used in both industrial and residential settings. They are also utilized in agricultural and commercial settings. Based on applications, the industrial segment dominates the market with a share of 31.40% in 2024.
| Attributes | Details |
|---|---|
| Application | Industrial |
| Market Share (2024) | 31.40% |
| Countries | CAGR (2024 to 2034) |
|---|---|
| United States | 4.80% |
| Australia | 6.40% |
| South Korea | 6.40% |
| India | 5.40% |
| Japan | 5.20% |
| Spain | 5.20% |
The market in the United States is growing at a CAGR of 4.80% through 2034.
There are growing concerns about the quality of water in the United States. This has increased the prominence of wastewater treatment plants in the country, which has, in turn, increased the demand for gas feed systems as they play a very crucial role in water treatment processes such as disinfection, pH adjustment, and chemical oxidation.
Besides this, advancements in gas feed system technology have also led to more efficient and reliable systems, positively affecting the adoption in the United States.
Australia is one of the leading markets in the world when it comes to gas feed systems. The market is estimated to grow at a CAGR of 6.40% through 2034.
Australia is blessed with significant natural gas reserves, both conventional and unconventional, particularly in regions like Western Australia and Queensland. The country also exports a substantial amount of liquified natural gas to Asian countries like Thailand, India, Malaysia, etc.
This enormous natural gas sector has automatically generated an excellent demand for efficient and reliable gas feeds in the country to support its LNG liquefaction plants and associated infrastructure.
The market in South Korea is also a lucrative one. It is anticipated to expand at a CAGR of 6.40 through 2034.
South Korea, compared with other Asian countries, has very scarce natural gas reservoirs to support its national demand. This is why it has to depend primarily on exports from neighboring countries, making energy security a priority. Natural gas is considered the number one alternative to fossil fuels, such as coal and oil.
These factors have had a positive impact on the market in South Korea. Besides this, industrial growth in the country has also generated a mammoth demand for these feed systems as they require significant amounts of energy for production.
The market in India is also predicted to flourish in the coming future. It is very likely to progress at a CAGR of 5.40%.
India, as a country, in the last few years, has undergone significant industrial transformation, thanks to the government’s efforts in easing the entry of multinational companies into the country. This rapid development has also led to increased energy demand, particularly in the urban and semi-urban settings, with the presence of industry clusters.
This has significantly benefited the market in India. Apart from this, India also faces significant environmental challenges, and switching from fossil fuels to natural gas requires efficient feed systems.
Japan is also one of the top companies in this market. It is slated to progress at a decent but consistent CAGR of 5.20% through 2034.
The Fukushima nuclear disaster in 2011 has entirely changed Japan’s energy sector. With a limited domestic energy resource, the country relies heavily on imports to meet its domestic energy needs.
The government has been actively diversifying its energy sources in Japan, with natural gas playing a crucial role. This expansion has indeed created a conducive environment for the growth of gas feed sales in the country. Besides this, Japan aims to increase the share of renewable energy in its energy mix, which is also one of the major drivers for market growth in the country.
The market in Spain is also a promising one. It is anticipated to progress at a CAGR of 5.20% through 2034.
Spain has been a leader in renewable energy adoption, especially in wind and solar power. Despite this dominance, the country also faces the problem of scarce fossil fuel and nuclear energy for its grid stability, and it has to depend on natural gas-fired power plants as its backup sources. These technologies generate huge demand for these systems in the country.
The country has also been actively investing in cleaner transportation alternatives to reduce emissions and dependence on imported oil. The growth of the natural gas vehicle market in Spain creates demand for gas refueling infrastructure, including gas feeding systems for compressed natural gas (CNG) stations.
Principal Consultant
This market is a very competitive one, especially in countries where natural resources are limited, and energy requirements are very high. With the advent of natural gas vehicles and countries seeking ways to lower their dependence on imported oil and gas, the market players in this industry have an excellent opportunity to expand their business.
Ongoing sustainability trends in industries across sectors will also benefit the market. Players in the industry must market their products and offerings in developed and emerging economies to gain more traction.
Recent Developments
Linde plc
Linde is a global industrial gases and engineering company, generating US$ 33 billion in 2023 sales. With a mission to enhance productivity sustainably, it offers solutions in clean hydrogen, medical oxygen, and specialty gases. Leveraging over 50 years of hydrogen expertise, Linde drives cleaner energy initiatives worldwide.
Air Products and Chemicals, Inc.
Established in 1940, Air Products and Chemicals, Inc. is a global leader in providing essential industrial gases, equipment, and expertise to diverse sectors like refining, manufacturing, and food and beverage. Renowned for innovation and operational excellence, it specializes in liquefied natural gas technology and sustainable gasification projects.
Air Liquide S.A.
Established in 1902, Air Liquide S.A., a French multinational, supplies industrial gases and services worldwide. Second only to Linde in revenue, it serves diverse sectors like medical, chemical, and electronics across 80+ nations, providing vital gases for manufacturing processes and innovative solutions for industry needs.
Other Prominent Companies
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The market is expected to be worth US$ 906.4 million by 2024.
The market is expected to reach US$ 1,592.2 million by 2034.
The market is set to develop at a CAGR of 5.8% from 2024 to 2034.
Linde plc, Air Products and Chemicals, Inc., Air Liquide S.A., Praxair, Inc. (now part of Linde plc), Messer Group GmbH, Matheson Tri-Gas, Inc., Taiyo Nippon Sanso Corporation, are some of the major players in the market.
The market valuation in 2023 was US$ 856.4 million.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
5. Global Market Demand Analysis 2019 to 2023 and Forecast, 2024 to 2034
5.1. Historical Market Volume (Tons) Analysis, 2019 to 2023
5.2. Current and Future Market Volume (Tons) Projections, 2024 to 2034
5.3. Y-o-Y Growth Trend Analysis
6. Global Market - Pricing Analysis
6.1. Regional Pricing Analysis By System Type
6.2. Global Average Pricing Analysis Benchmark
7. Global Market Demand (in Value or Size in US$ Million) Analysis 2019 to 2023 and Forecast, 2024 to 2034
7.1. Historical Market Value (US$ Million) Analysis, 2019 to 2023
7.2. Current and Future Market Value (US$ Million) Projections, 2024 to 2034
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.1.1. Global GDP Growth Outlook
8.1.2. Global Chemical Industry Overview
8.1.3. Manufacturing Value-Added
8.1.4. Industry Value Added
8.1.5. Parent Market Outlook
8.1.6. Other Macro-Economic Factors
8.2. Forecast Factors - Relevance & Impact
8.2.1. Top Companies Historical Growth
8.2.2. GDP Growth Forecast
8.2.3. Manufacturing Industry Forecast
8.2.4. Global Urbanization Growth Outlook
8.2.5. End-use Industry Growth Outlook
8.2.6. Other Forecast Factors
8.3. Value Chain
8.3.1. Product Manufacturers
8.3.2. End Users
8.3.3. Avg. Profitability Margins
8.4. COVID-19 Crisis - Impact Assessment
8.4.1. Current Statistics
8.4.2. Short-Mid-Long Term Outlook
8.4.3. Likely Rebound
8.5. Market Dynamics
8.5.1. Drivers
8.5.2. Restraints
8.5.3. Opportunity Analysis
8.6. Global Supply Demand Analysis
8.7. Key Regulations & Certifications
8.8. Trade Scenario
8.9. Parent Market Overview
8.10. Key Developments
8.11. Patent Analysis
8.12. Porter’s and PEST Analysis
8.13. Production Process Overview
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By System Type
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Million) and Volume Analysis By System Type, 2019 to 2023
9.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By System Type, 2024 to 2034
9.3.1. Chlorine Gas Feed Systems
9.3.2. Carbon Dioxide Gas Feed Systems
9.3.3. Natural Gas Feed Systems
9.4. Market Attractiveness Analysis By System Type
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Million) and Volume Analysis By Application, 2019 to 2023
10.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Application, 2024 to 2034
10.3.1. Industrial Application
10.3.2. Environmental Application
10.3.3. Agricultural Application
10.3.4. Commercial Application
10.3.5. Residential Application
10.4. Market Attractiveness Analysis By Application
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Technology
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Million) and Volume Analysis By Technology, 2019 to 2023
11.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Technology, 2024 to 2034
11.3.1. Mass Flow Controllers
11.3.2. Variable Area Flow Meters
11.3.3. Positive Displacement Flow Meters
11.3.4. Diffusion Systems
11.4. Market Attractiveness Analysis By Technology
12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-User Industry
12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Million) and Volume Analysis By End-User Industry, 2019 to 2023
12.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By End-User Industry, 2024 to 2034
12.3.1. Energy & Power
12.3.2. Chemicals
12.3.3. Water and Wastewater Treatment
12.3.4. Healthcare
12.3.5. Food & Beverage
12.4. Market Attractiveness Analysis By End-User Industry
13. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
13.1. Introduction
13.2. Historical Market Size (US$ Million) and Volume Analysis By Region, 2019 to 2023
13.3. Current Market Size (US$ Million) and Volume Analysis and Forecast By Region, 2024 to 2034
13.3.1. North America
13.3.2. Latin America
13.3.3. East Asia
13.3.4. South Asia Pacific
13.3.5. Western Europe
13.3.6. Eastern Europe
13.3.7. Middle East and Africa (MEA)
13.4. Market Attractiveness Analysis By Region
14. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
14.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034
14.4.1. By Country
14.4.1.1. USA
14.4.1.2. Canada
14.4.1.3. Mexico
14.4.2. By System Type
14.4.3. By Application
14.4.4. By Technology
14.4.5. By End-User Industry
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By System Type
14.5.3. By Application
14.5.4. By Technology
14.5.5. By End-User Industry
14.6. Market Trends
14.7. Key Market Participants - Intensity Mapping
14.8. Drivers and Restraints - Impact Analysis
15. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
15.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034
15.4.1. By Country
15.4.1.1. Brazil
15.4.1.2. Chile
15.4.1.3. Rest of Latin America
15.4.2. By System Type
15.4.3. By Application
15.4.4. By Technology
15.4.5. By End-User Industry
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By System Type
15.5.3. By Application
15.5.4. By Technology
15.5.5. By End-User Industry
15.6. Market Trends
15.7. Key Market Participants - Intensity Mapping
15.8. Drivers and Restraints - Impact Analysis
16. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
16.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034
16.4.1. By Country
16.4.1.1. China
16.4.1.2. Japan
16.4.1.3. South Korea
16.4.2. By System Type
16.4.3. By Application
16.4.4. By Technology
16.4.5. By End-User Industry
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By System Type
16.5.3. By Application
16.5.4. By Technology
16.5.5. By End-User Industry
16.6. Market Trends
16.7. Key Market Participants - Intensity Mapping
16.8. Drivers and Restraints - Impact Analysis
17. South Asia Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
17.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034
17.4.1. By Country
17.4.1.1. India
17.4.1.2. ASEAN
17.4.1.3. ANZ
17.4.1.4. Rest of SAP
17.4.2. By System Type
17.4.3. By Application
17.4.4. By Technology
17.4.5. By End-User Industry
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By System Type
17.5.3. By Application
17.5.4. By Technology
17.5.5. By End-User Industry
17.6. Market Trends
17.7. Key Market Participants - Intensity Mapping
17.8. Drivers and Restraints - Impact Analysis
18. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
18.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034
18.4.1. By Country
18.4.1.1. Germany
18.4.1.2. Italy
18.4.1.3. France
18.4.1.4. UK
18.4.1.5. Spain
18.4.1.6. BENELUX
18.4.1.7. NORDICS
18.4.1.8. Rest of W. Europe
18.4.2. By System Type
18.4.3. By Application
18.4.4. By Technology
18.4.5. By End-User Industry
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By System Type
18.5.3. By Application
18.5.4. By Technology
18.5.5. By End-User Industry
18.6. Market Trends
18.7. Key Market Participants - Intensity Mapping
18.8. Drivers and Restraints - Impact Analysis
19. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
19.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034
19.4.1. By Country
19.4.1.1. Russia
19.4.1.2. Poland
19.4.1.3. Hungary
19.4.1.4. Balkan & Baltics
19.4.1.5. Rest of E. Europe
19.4.2. By System Type
19.4.3. By Application
19.4.4. By Technology
19.4.5. By End-User Industry
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By System Type
19.5.3. By Application
19.5.4. By Technology
19.5.5. By End-User Industry
19.6. Market Trends
19.7. Key Market Participants - Intensity Mapping
19.8. Drivers and Restraints - Impact Analysis
20. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034
20.1. Introduction
20.2. Pricing Analysis
20.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
20.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034
20.4.1. By Country
20.4.1.1. KSA
20.4.1.2. Other GCC Countries
20.4.1.3. Türkiye
20.4.1.4. South Africa
20.4.1.5. Other African Union
20.4.1.6. Rest of MEA
20.4.2. By System Type
20.4.3. By Application
20.4.4. By Technology
20.4.5. By End-User Industry
20.5. Market Attractiveness Analysis
20.5.1. By Country
20.5.2. By System Type
20.5.3. By Application
20.5.4. By Technology
20.5.5. By End-User Industry
20.6. Market Trends
20.7. Key Market Participants - Intensity Mapping
20.8. Drivers and Restraints - Impact Analysis
21. Country-wise Market Analysis
21.1. Introduction
21.1.1. Market Value Proportion Analysis, By Key Countries
21.1.2. Global Vs. Country Growth Comparison
21.2. USA Market Analysis
21.2.1. By System Type
21.2.2. By Application
21.2.3. By Technology
21.2.4. By End-User Industry
21.3. Canada Market Analysis
21.3.1. By System Type
21.3.2. By Application
21.3.3. By Technology
21.3.4. By End-User Industry
21.4. Mexico Market Analysis
21.4.1. By System Type
21.4.2. By Application
21.4.3. By Technology
21.4.4. By End-User Industry
21.5. Brazil Market Analysis
21.5.1. By System Type
21.5.2. By Application
21.5.3. By Technology
21.5.4. By End-User Industry
21.6. Chile Market Analysis
21.6.1. By System Type
21.6.2. By Application
21.6.3. By Technology
21.6.4. By End-User Industry
21.7. China Market Analysis
21.7.1. By System Type
21.7.2. By Application
21.7.3. By Technology
21.7.4. By End-User Industry
21.8. Japan Market Analysis
21.8.1. By System Type
21.8.2. By Application
21.8.3. By Technology
21.8.4. By End-User Industry
21.9. South Korea Market Analysis
21.9.1. By System Type
21.9.2. By Application
21.9.3. By Technology
21.9.4. By End-User Industry
21.10. India Market Analysis
21.10.1. By System Type
21.10.2. By Application
21.10.3. By Technology
21.10.4. By End-User Industry
21.11. ASEAN Market Analysis
21.11.1. By System Type
21.11.2. By Application
21.11.3. By Technology
21.11.4. By End-User Industry
21.12. ANZ Market Analysis
21.12.1. By System Type
21.12.2. By Application
21.12.3. By Technology
21.12.4. By End-User Industry
21.13. Germany Market Analysis
21.13.1. By System Type
21.13.2. By Application
21.13.3. By Technology
21.13.4. By End-User Industry
21.14. Italy Market Analysis
21.14.1. By System Type
21.14.2. By Application
21.14.3. By Technology
21.14.4. By End-User Industry
21.15. France Market Analysis
21.15.1. By System Type
21.15.2. By Application
21.15.3. By Technology
21.15.4. By End-User Industry
21.16. UK Market Analysis
21.16.1. By System Type
21.16.2. By Application
21.16.3. By Technology
21.16.4. By End-User Industry
21.17. Spain Market Analysis
21.17.1. By System Type
21.17.2. By Application
21.17.3. By Technology
21.17.4. By End-User Industry
21.18. BENELUX Market Analysis
21.18.1. By System Type
21.18.2. By Application
21.18.3. By Technology
21.18.4. By End-User Industry
21.19. NORDICS Market Analysis
21.19.1. By System Type
21.19.2. By Application
21.19.3. By Technology
21.19.4. By End-User Industry
21.20. Russia Market Analysis
21.20.1. By System Type
21.20.2. By Application
21.20.3. By Technology
21.20.4. By End-User Industry
21.21. Poland Market Analysis
21.21.1. By System Type
21.21.2. By Application
21.21.3. By Technology
21.21.4. By End-User Industry
21.22. Hungary Market Analysis
21.22.1. By System Type
21.22.2. By Application
21.22.3. By Technology
21.22.4. By End-User Industry
21.23. Balkan & Baltics Market Analysis
21.23.1. By System Type
21.23.2. By Application
21.23.3. By Technology
21.23.4. By End-User Industry
21.24. KSA Market Analysis
21.24.1. By System Type
21.24.2. By Application
21.24.3. By Technology
21.24.4. By End-User Industry
21.25. Other GCC Countries Market Analysis
21.25.1. By System Type
21.25.2. By Application
21.25.3. By Technology
21.25.4. By End-User Industry
21.26. Türkiye Market Analysis
21.26.1. By System Type
21.26.2. By Application
21.26.3. By Technology
21.26.4. By End-User Industry
21.27. South Africa Market Analysis
21.27.1. By System Type
21.27.2. By Application
21.27.3. By Technology
21.27.4. By End-User Industry
21.28. Other African Union Market Analysis
21.28.1. By System Type
21.28.2. By Application
21.28.3. By Technology
21.28.4. By End-User Industry
22. Market Structure Analysis
22.1. Market Analysis by Tier of Companies
22.2. Market Concentration
22.3. Market Share Analysis of Top Players
22.4. Production Capacity Analysis
22.5. Market Presence Analysis
22.5.1. By Product Footprint of Players
22.5.2. By Regional Footprint of Players
22.5.3. By Application Footprint of Players
23. Competition Analysis
23.1. Competition Dashboard
23.2. Competition Benchmarking
23.3. Competition Deep Dive
23.3.1. Ichor Systems
23.3.1.1. Overview
23.3.1.2. Product Portfolio
23.3.1.3. Profitability by Market Segments (Product/Channel/Region)
23.3.1.4. Sales Footprint
23.3.1.5. Strategy Overview
23.3.2. Harris
23.3.3. Matheson
23.3.4. Air Liquide
23.3.5. FST
23.3.6. Environics
23.3.7. Watlow
23.3.8. Hydro Instruments
23.3.9. Global Environment Engg
23.3.10. GCE
23.3.11. SVCS
23.3.12. Eneva
23.3.13. thyssenkrupp Industries India Pvt. Ltd
23.3.14. MillionK Enerji Kazan Sistemleri
23.3.15. ZELYA Energy
23.3.16. Universal Vortex Inc
23.3.17. Iwatani Corporation
23.3.18. Matheson Tri-Gas, Inc.
23.3.19. Linde plc
23.3.20. Air Products and Chemicals, Inc.
23.3.21. Other Key Players
24. Primary Insights
25. Assumptions and Acronyms Used
26. Research Methodology
Explore Industrial Automation Insights
View Reports
Gas Feed System Market
