Global CNG Vehicles Market 2014-2018: Key Vendors are Fiat, Ford, General Motors, Honda, Hyundai, Suzuki, Toyota and Volkswagen

CNG is a low-carbon fuel for automotive, and CNG-fuelled automotive can be used as alternative fuel vehicles. Natural gas is an organic compound found deep within the earth, and it mainly consists of methane. In a CNG vehicle, natural gas is compressed and put into the vehicle through a gas dispenser.

The CNG then runs through high-pressure cylinders and enters the engine compartment of the vehicle, which helps the vehicle start functioning. Although CNG is not the most pollution-free form of energy, vehicles that run on it produce relatively less harmful gases compared to vehicles that run on gasoline or diesel. CO2 and non-methane hydrocarbon emissions of CNG vehicles are lower than those of conventional fuel vehicles by 25 percent and 50 percent, respectively.

The analysts forecast the Global CNG Vehicles market to grow at a CAGR of 7.71 percent over the period 2013-2018.

This report covers the present scenario and the growth prospects of the Global CNG Vehicles market for the period 2014-2018. The report includes the entire range of CNG vehicles available in the market.

The report, the Global CNG Vehicles Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, Latin America, MEA, and North America; it also covers the Global CNG Vehicles market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

One key trend in the market is the increased demand for bi-fuel vehicles that can run on CNG and gasoline. In recent years, users of vehicles that run on gasoline have started converting them into CNG vehicles. Such conversions are done by installing CNG components. These components act as the primary fuel source in these vehicles, and gasoline acts as the backup fuel.

According to the report, one of the main drivers of this market is the increasing demand for vehicles, which directly influences the demand for NGVs, thereby positively influencing the demand for CNG vehicles.

Further, the report states that one of the main challenges in this market is the lack of proper infrastructure, which is affecting the sales of CNG vehicles. The shortage of CNG fueling stations is a serious concern in the Global CNG Vehicles market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by Product

08. Geographical Segmentation

09. Key Leading Countries

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challengess

14. Impact of Drivers and Challenges

15. Market Trendss

16. Trends and their Impact

17. Vendor Landscape

18. Key Vendor Analysis

19. Other Reports in this Series

Companies Mentioned:

For more information visit http://www.researchandmarkets.com/research/5v2vbd/global_cng

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