A natural gas vehicle (NGV) is an alternative fuel vehicle that uses compressed natural gas (CNG) or liquefied natural gas (LNG). Natural gas vehicles should not be confused with vehicles powered by propane (LPG), which is a fuel with a fundamentally different composition.
In a natural gas powered vehicle, energy is released by combustion of essentially Methane gas (CH4) fuel with Oxygen (O2) from the air to CO2 and water vapor (H2O) in an internal combustion engine. Methane is the cleanest burning hydrocarbon and many contaminants present in natural gas are removed at source.
Global CNG and LPG Vehicle market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for CNG and LPG Vehicle.
This industry study presents the global CNG and LPG Vehicle market size, historical breakdown data (2014-2019) and forecast (2019-2025). The CNG and LPG Vehicle production, revenue and market share by manufacturers, key regions and type;
The consumption of CNG and LPG Vehicle in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Fiat, Ford, etc.
The following manufacturers are covered in this report:
Fiat
Ford
Volkswagen
General
Honda
Hyundai
Suzuki
CNG and LPG Vehicle Breakdown Data by Type
CNG
LPG
CNG and LPG Vehicle Breakdown Data by Application
Passenger
Light Commercial
Medium Commercial
CNG and LPG Vehicle Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
CNG and LPG Vehicle Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global CNG and LPG Vehicle status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key CNG and LPG Vehicle manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of CNG and LPG Vehicle :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of CNG and LPG Vehicle market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on CNG and LPG Vehicle . Industry analysis & Market Report on CNG and LPG Vehicle is a syndicated market report, published as Global CNG and LPG Vehicle Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of CNG and LPG Vehicle market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.