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In this report, covers the present scenario (with the base year being 2017) and the growth prospects of global Light and Heavy duty Natural Gas Vehicle market for 2018-2023.
Natural gas can be used in all classes of vehicles – motorcycles, cars, vans, light and heavy duty trucks, buses, lift trucks, locomotives. Marine applications are increasing with applications such as tug boats, ferries, barges and ships using CNG and LNG. Natural gas powered aircraft are also being trialed.
A natural gas vehicle (NGV) is an alternative fuel vehicle that uses compressed natural gas (CNG) or liquefied natural gas (LNG). 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.
Over the next five years, projects that Light and Heavy duty Natural Gas Vehicle will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Light and Heavy duty Natural Gas Vehicle market by product type, application, key manufacturers and key regions.
To calculate the market size, considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Light-duty NGV
Heavy-duty NGV
Segmentation by application:
Public Transportation
Logistics
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
CNH Industrial
Daimler Trucks
General Motors
MAN Truck & Bus
Volvo Trucks
Beiqi Foton Motor
BRC Gas Equipment
Cummins Westport
Dongfeng Motor
Fiat Chrysler Automobiles
Ford Motor
Gaz
Honda
Impco Technologies
Isuzu Motors
Kamaz
Landi Renzo
Navistar
Renault
Volkswagen
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Light and Heavy duty Natural Gas Vehicle consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Light and Heavy duty Natural Gas Vehicle market by identifying its various subsegments.
Focuses on the key global Light and Heavy duty Natural Gas Vehicle manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Light and Heavy duty Natural Gas Vehicle with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Light and Heavy duty Natural Gas Vehicle submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Natural gas can be used in all classes of vehicles – motorcycles, cars, vans, light and heavy duty trucks, buses, lift trucks, locomotives. Marine applications are increasing with applications such as tug boats, ferries, barges and ships using CNG and LNG. Natural gas powered aircraft are also being trialed.
A natural gas vehicle (NGV) is an alternative fuel vehicle that uses compressed natural gas (CNG) or liquefied natural gas (LNG). 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.
Over the next five years, projects that Light and Heavy duty Natural Gas Vehicle will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Light and Heavy duty Natural Gas Vehicle market by product type, application, key manufacturers and key regions.
To calculate the market size, considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Light-duty NGV
Heavy-duty NGV
Segmentation by application:
Public Transportation
Logistics
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
CNH Industrial
Daimler Trucks
General Motors
MAN Truck & Bus
Volvo Trucks
Beiqi Foton Motor
BRC Gas Equipment
Cummins Westport
Dongfeng Motor
Fiat Chrysler Automobiles
Ford Motor
Gaz
Honda
Impco Technologies
Isuzu Motors
Kamaz
Landi Renzo
Navistar
Renault
Volkswagen
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Light and Heavy duty Natural Gas Vehicle consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Light and Heavy duty Natural Gas Vehicle market by identifying its various subsegments.
Focuses on the key global Light and Heavy duty Natural Gas Vehicle manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Light and Heavy duty Natural Gas Vehicle with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Light and Heavy duty Natural Gas Vehicle submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
