Due to stringent emissions regulations rolled out by governments in an effort to improve air quality, public as well as transit and logistic agencies have turned to alternative fuels. In addition to the obvious environmental benefits, reduced operating costs and government incentives have spurred the increased use of alternative fuels in the transit industry. CNG and LNG are amongst the most popular and feasible alternative energy fueled vehicles, with CNG being more popular and older than any alternative fuel. However, LNG is also witnessing an increase in adoption in heavy duty trucks and buses owing to its higher energy density which is desirable for long distance transportation.
Browse 80 market data tables & 66 figures spread through 149 pages and in-depth TOC on "Automotive Natural Gas Vehicle Market Analysis for Commercial Vehicles by Fuel Type (CNG & LNG), by Vehicle Type (Medium Duty & Heavy Duty) & by Geography [Asia-Oceania, Europe, Americas, ROW (Rest of the World)] – Industry Trends & Forecast to 2019" at - http://www.rnrmarketresearch.com/automotive-natural-gas-vehicle-market-analysis-for-commercial-vehicles-by-fuel-type-cng-lng-by-vehicle-type-medium-duty-heavy-duty-by-geography-asia-oceania-europe-americas-row-rest-of-market-report.html .
Government operated fleets for transportation is one of the early adopters of natural gas as the emissions are lower than conventionally fueled vehicles. The adoption rate among private fleets is also increasing in spite of the higher upfront costs and loss of luggage space, as the lower fuel cost helps in recovering incremental cost of the vehicle. Another important factor fueling the growth of natural gas commercial vehicles is their high mileage which plays a pivotal role in recovering their higher initial cost in comparatively less time. However, lack of a well-developed infrastructure is currently a major hindrance for the development of this market.
The government is playing a major role in the development of the automotive natural gas vehicle market by easing the competitive pressure from conventional fuels by regulating the price of fuels. This helps to achieve energy independence and lower pollution levels owing to lower emissions from natural gas.
The CNG & LNG trucks and buses market is analyzed in terms of OE sales (units) and cumulative vehicles (units) by vehicle type, by fuel type, and by region in major countries. The market segmentation has been done as seen below:
By Vehicle Type:
- Medium Duty Trucks and Buses
- Heavy Duty Trucks and Buses
By Fuel Type:
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Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Huge Market Potential in OE CNG & LNG Trucks and Buses Market
4.2 China Commands Over One-Third of the Market Share in OE CNG Trucks and Buses Market
4.3 CNG OE Trucks and Buses Market, By Vehicle Type (2014)
4.4 LNG OE Trucks and Buses Market, By Vehicle Type, 2014 vs. 2019
4.5 Global OE CNG & LNG Trucks and Buses Market, By Geography and Vehicle Type
4.6 Global CNG & LNG Trucks and Buses Cumulative Market Snapshot, 2014 vs. 2019
4.7 Cumulative CNG Trucks and Buses Market
4.8 CNG & LNG Trucks and Buses Market Snapshot for China and U.S. (2014 vs. 2019)
4.9 Life Cycle Analysis, By Geography
5 Market Overview
5.2 Market Dynamics
5.3 Specific Industries’ Interest in Natural Gas
5.4 Value Chain
5.5 Porter’s Analysis
5.6 Pest Analysis
6 Technological Overview
6.1 Chemical Characteristics of Natural Gas
6.2 Natural Gas Supply
6.3 CNG Storage
6.4 LNG On-Vehicle Storage
7 Total Cost of Ownership Comparison of CNG and LNG Vehicles to Diesel Vehicles
7.2 Total Cost to Consumer in Five Years, By Country
8 CNG and LNG Vehicles Market, By Fuel Type
8.2 CNG Vehicle Market
8.3 LNG Vehicle Market
9 CNG & LNG Vehicles Market, By Vehicle Type
9.2 Medium Duty Vehicles
9.3 Heavy Duty Vehicles
10 Refuelling Infrastructure
10.1 CNG Refueling Infrastructure, By Region
10.2 LNG Refueling Infrastructure
10.3 Competing Fuel Technology
11 Competitive Landscape
11.2 Market Competition of Natural Gas Truck Industry, By Company
11.3 Competitive Situation and Trends
11.4 Battle for Market Share: New Product Launches Was the Key Strategy
11.5 New Product Launches
12 Company Profiles
12.2 AB Volvo
12.3 Beiqi Foton Motor Co. Ltd.
12.4 Dongfeng Motor Group Company Limited
12.5 CNH Industrial NV
12.6 Daimler AG
12.7 Westport Innovations Inc.
12.8 Clean Energy Fuels Corp.
12.9 Landi Renzo SPA
12.1 Clean Air Power Ltd.
12.11 Agility Fuel Systems Inc.
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