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.
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The global Automotive Natural Gas Vehicles market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Automotive Natural Gas Vehicles volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive Natural Gas Vehicles market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Automotive Natural Gas Vehicles in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Automotive Natural Gas Vehicles manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
- Beijing Hyundai
- Shudu Bus
- Zhongtong Bus
- King Long
- SG Automotive Group
- Brilliance Auto
- Shaolin Bus
Segment by Regions
- North America
- Southeast Asia
Segment by Type
- Passenger Car
Segment by Application
- Operating Vehicle
- Family Car
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- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
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