Global CNG Vehicles Market 2014-2018 is the latest addition to Sandlerresearch.org industry research reports collection.
CNG is a low-carbon fuel for automotive, and CNG-fuelled automotive can be used as alternative fuel vehicles. Natural gas is an organic compound found deep within the earth, and it mainly consists of methane. In a CNG vehicle, natural gas is compressed and put into the vehicle through a gas dispenser. The CNG then runs through high-pressure cylinders and enters the engine compartment of the vehicle, which helps the vehicle start functioning. Although CNG is not the most pollution-free form of energy, vehicles that run on it produce relatively less harmful gases compared to vehicles that run on gasoline or diesel. CO2 and non-methane hydrocarbon emissions of CNG vehicles are lower than those of conventional fuel vehicles by 25 percent and 50 percent, respectively.
Analysts forecast the Global CNG Vehicles market to grow at a CAGR of 7.71 percent over the period 2013-2018.
The report recognizes the following companies as the key players in the Global Compressed Natural Gas (CNG) Vehicles Market: Fiat SpA, Ford Motor Co., General Motors Co. (GM), Honda Motor Co. Ltd., Hyundai Motor Co., Suzuki Motor Corp., Toyota Motor Corp. and Volkswagen AG.
Other Prominent Vendors in the market are: Chrysler, Daimler, Mercedes-Benz, Nissan Motors, Renault and Volvo.
One key trend in the market is the increased demand for bi-fuel vehicles that can run on CNG and gasoline. In recent years, users of vehicles that run on gasoline have started converting them into CNG vehicles. Such conversions are done by installing CNG components. These components act as the primary fuel source in these vehicles, and gasoline acts as the backup fuel.
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Covered in this Report
This report covers the present scenario and the growth prospects of the Global CNG Vehicles market for the period 2014-2018. The report includes the entire range of CNG vehicles available in the market.
Global CNG Vehicles Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, Latin America, MEA, and North America; it also covers the Global CNG Vehicles market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
According to the report, one of the main drivers of this market is the increasing demand for vehicles, which directly influences the demand for NGVs, thereby positively influencing the demand for CNG vehicles.
Further, the report states that one of the main challenges in this market is the lack of proper infrastructure, which is affecting the sales of CNG vehicles. The shortage of CNG fueling stations is a serious concern in the Global CNG Vehicles market.
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Product
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Types of CNG Vehicles
Exhibit 3: Global CNG Vehicles Market 2013-2018 (thousand units)
Exhibit 4: NGV share in Overall Vehicles 2013
Exhibit 5: Global CNG Vehicles Market by Product Segmentation
Exhibit 6: Global CNG Vehicles Market by Product Segmentation 2013
Exhibit 7: Global CNG Vehicles Market by Product Segmentation 2018
Exhibit 8: Global CNG Vehicles Market by Product Segmentation 2013-2018 (thousand units)
Exhibit 9: Global CNG Vehicles Market by Product Segmentation 2013-2018
Exhibit 10: Global CNG Light-duty Vehicles Market 2013-2018 (thousand units)
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