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(I-AutoNewsWire.com, August 18, 2018 ) Introduction:
Compressed natural gas vehicle is an alternative fuel vehicle that uses compressed natural gas as the fuel rather than gasoline or diesel. CNG, or compressed natural gas, is stored at high pressure, 3,000 to 3,600 pounds per square inch (21 to 25 MPa). The required tank is more massive and costly than a conventional fuel tank. The CNG vehicle’s emissions are cleaner, with lower emissions of carbon and lower particulate emissions per equivalent distance traveled. There is generally less wasted fuel.
Scope of the Global CNG Vehicles Market Report
This report focuses on the CNG Vehicles in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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The worldwide market for CNG Vehicles is expected to grow at a CAGR of roughly 4.3% over the next five years, will reach 52600 million US$ in 2023, from 40900 million US$ in 2017, according to a new GIR (Global Info Research) study.
In the last several years, Global market of CNG Vehicles developed rapidly, with an average growth rate of 8.19%. In 2015, the production of OEM CNG Vehicle is about 234.4 k units and the Car Modification is about 2495.4 k units, with a production market share 91.41%.
North America is a large consumption place, with a consumption market share nearly 18.73%. Following North America, China is another important consumption place with the consumption market share of 18.02% in 2015.
Market competition is intense. Fiat Chrysler, Volkswagen, Ford, General Motors, etc. are the leaders of the industry, and they hold high-end customers, and their products are famous in the world. Industry concentration is deepening. China domestic CNG vehicles enterprises are increasing investment and absorbing foreign advanced technologies so that large companies will gain more market share.
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This Report Covers Analysis of Global CNG Vehicles Market Segment by Manufacturers
Fiat Chrysler Volkswagen Ford General Motors Toyota Iran Khodro Nissan Volvo Group Hyundai Honda Suzuki Mercedes-Benz Renault PSA Peugeot Citroen Great Wall Motors
Global CNG Vehicles Market Segment by regional analysis covers
North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Global CNG Vehicles Market Segment by Type
OEM Car Modification
Global CNG Vehicles Market Segment by Applications, can be divided into
Personal Use Commercial Use
Some of the Points cover in Global CNG Vehicles Market Research Report is:
Chapter 1: Describe CNG Vehicles Industry
Introduction, Product Scope, Market Overview, Market Opportunities, Market Risk, Market Driving Force Chapter 2: To analyze the top manufacturers of CNG Vehicles Industry in 2016 and 2017
Sales Revenue and price Chapter 3: Competitive analysis among the top manufacturers in 2016 and 2017
Sales Revenue and market share Chapter 4: Global CNG Vehicles Market by regions from 2013 to 2018
Sales Revenue and market share Chapter 5, 6, 7 and 8: Global CNG Vehicles Market by key countries in these regions
Sales Revenue and market share Chapter 9 and 10: Global CNG Vehicles Market by type and application from 2013 to 2018
Sales Revenue and market share Growth rate Chapter 11:CNG Vehicles Industry Market forecast from 2018 to 2023
Regions Type and application with sales and revenue Chapter 12 and 13:CNG Vehicles Industry
Sales channel Distributors Traders and dealers Appendix Data source About Us:
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