Automotive Natural Gas Vehicles Market Insights and Forecast 2025 | Breakdown Data by Manufacturers, Region, Type and Application
Automotive Natural Gas Vehicles refer To CNG vehicles.
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 vehicles emissions are cleaner, with lower emissions of carbon and lower particulate emissions per equivalent distance traveled. There is generally less wasted fuel.
Countries such as the U.S. and Russia are expected to constitute key regional markets owing to the presence of large natural gas reserves enabling them to achieve energy independence and domestically produce the required fuel. Asia Pacific is expected to exhibit significant market share in the CNG buses and trucks market, whereas North America is projected to witness high growth due to increasing adoption among fleet operators in the U.S.
Global Automotive Natural Gas Vehicles 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, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive Natural Gas Vehicles.
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This industry study presents the global Automotive Natural Gas Vehicles market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive Natural Gas Vehicles production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Natural Gas Vehicles 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 Faw-Volkswagen, DPCA, etc.
The following manufacturers are covered in this report:
SG Automotive Group
Automotive Natural Gas Vehicles Breakdown Data by Type
Automotive Natural Gas Vehicles Breakdown Data by Application
Automotive Natural Gas Vehicles Production by Region
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Automotive Natural Gas Vehicles Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
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