1. Market Research
  2. > Automotive
  3. > Motor Vehicle Market Trends

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

  • January 2015
  • 208 pages
  • Visiongain
Report ID: 2631354

Summary

Table of Contents

Please note: The license is valid for 12 months from the date the report is sent.


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

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

IoT Fleet Management Market by Platform, Services, Cloud Deployment, Solutions, Fleet Type, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“The need for efficient operations, automated business processes, data analytics, and overall cost reduction are expected to fuel the IoT fleet management market.” The IoT fleet management market is ...

Automotive Actuators Market by Vehicle, Application, Off-Highway Vehicles, Electric Vehicle, Product, and Region - Global forecast to 2022

  • $ 5650
  • Industry report
  • June 2017
  • by MarketsandMarkets

“Growing demand for engine downsizing and fuel efficient vehicles is set to drive the automotive actuators market.” The global automotive actuators market is estimated to be USD 14.16 billion in 2017 ...

Automotive Films Market by Film Type, Vehicle Type, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • June 2017
  • by MarketsandMarkets

“The automotive films market is projected to grow at a CAGR of 5.3% from 2017 to 2022, in terms of value.” The automotive films market is projected to reach USD 6.30 billion by 2022, at a CAGR of ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.