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Automotive Compressed Natural Gas Vehicles (NGV) Market 2015-2025 : Growth Prospects for CNG Passenger Cars

Automotive Compressed Natural Gas Vehicles (NGV) Market 2015-2025 : Growth Prospects for CNG Passenger Cars

  • January 2015
  • 208 pages
  • ID: 2631354

Summary

Table of Contents

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In 2015 the market for compressed natural gas vehicles is still in its infancy despite a growth in sales, especially through 2009 to 2014. The CNG Passenger Car market is currently characterised by a high level of concentration in a small number of countries, low penetration in the major automotive markets and limited supply of models by OEMs. The latter is mainly due to the significant upfront purchase cost in comparison with petroleum-fuelled vehicles, and due to the relatively high cost of aftermarket conversion.

However, the market represents significant potential and is expected to record robust growth in the forecast period. Investment in new CNG stations will help overcome the lack of a sufficient refuelling infrastructure, the biggest restraint the market faces. Additionally, the introduction of a greater breadth of CNG models by OEMs will enable both reduction in the conversion cost and greater NGV ownership as the price advantage of Natural Gas over other fuels will continue throughout 2015-2025. This price advantage, though hampered by the slump in oil prices in late 2014 and early 2015, will stabilise over the near-term and ultimately facilitate a greater level of CNG Passenger Car adoption.

The markets of China, India and Iran are expected by visiongain to continue their strong growth, as gas infrastructure develops and refuelling stations are constructed to develop a CNG fuelling network with greater coverage. Latin America is another market forecast to grow steadfastly, and within Europe the national markets of Italy and Germany show considerable potential.

Why you should buy the Automotive Compressed Natural Gas Vehicles (NGV) Market 2015-2025: Growth Prospects for CNG Passenger Cars

What is the future of the CNG passenger car market? Visiongain’s comprehensive analysis contains highly quantitative content delivering solid conclusions benefiting your analysis and illustrates new opportunities and potential revenue streams helping you to remain competitive. This definitive report will benefit your decision making and help to direct your future business strategy.

Avoid falling behind your competitors, missing critical business opportunities or losing industry influence. In our new report you will discover forecasts from 2015-2025 at the global, submarket, regional and national level. The report also assesses relevant technologies, competitive forces and expected regulation. Read on to discover the prospects for the CNG passenger car sector and find out what its future market prospects are.

In this 208 page report we guarantee you will receive the following information:

- View global automotive CNG passenger car sales forecasts and analysis and the resulting CNG passenger car population forecast from 2015-2025.
- Keep your knowledge ahead of your competition and ensure you exploit key business opportunities
- The report provides detailed sales projections of the market, current CNG models on the market, the leading competitors, and the commercial drivers and restraints allowing you to more effectively compete in the market. In addition to market forecasts from 2015-2025, our new study shows current market data, regional and national market forecasts. You will also discover original critical analysis, revealing insight into commercial developments.

- Read 2 expert interviews from key opinion leaders, informing the forecasting and underpinning visiongain analysis
- Clean Fuels Consulting, a renowned energy consulting specialists
- Trillium CNG, an American fuel station operating company

- Examine 211 tables, figures and graphs exploring the CNG passenger car market
- Let our analysts present you with a thorough assessment of the current and future developments of the automotive compressed natural gas passenger car market 2015-2025.This analysis will facilitate quicker and easier understanding of the market. Also you will gain

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