Pre-order Enquiry
Request Free Sample
Global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application
SKU ID : QYR-13849307 | Publishing Date : 12-Feb-2019 | No. of pages : 150
Summary
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 vehicle’s emissions are cleaner, with lower emissions of carbon and lower particulate emissions per equivalent distance traveled. There is generally less wasted fuel.
In the next five years, the Global consumption of CNG and LPG Vehicles will maintain about 10.85% annual growth rate.
The global average price of CNG and LPG vehicles is in the decreasing trend, from14.4 K USD/Unit in 2013 to 12.8 K USD/Unit g in 2018. With the situation of global economy and more company enter this industry; prices will be decreasing trend in the following five years.
MENA is a large consumption place, with a consumption market share nearly 27.85%. Following south Asia, China is another important consumption place with the consumption market share of 15.03% in 2017.
In 2017, there are two key reasons causing the huge decline of CNG Vehicles’ sales in China. One is China has introduced a new policy to limit motor vehicle "oil to gas", another is the decline in gasoline price.
Market competition is intense. Fiat Chrysler, Volkswagen, Ford, General Motors, etc. are the leaders of the industry, and they hold high-end customers, and their products are famous in the world.
Industry concentration is deepening. China domestic CNG vehicles enterprises are increasing investment and absorbing foreign advanced technologies so that large companies will gain more market share.
The global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market was 3740 million US$ in 2018 and is expected to 7790 million US$ by the end of 2025, growing at a CAGR of 9.6% between 2019 and 2025.
This report studies the Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Fiat Chrysler
Volkswagen
Ford
General Motors
Toyota
Iran Khodro
Nissan
Volvo Group
Hyundai
Honda
Suzuki
Mercedes-Benz
Renault
PSA
Great Wall Motors
By the product type, the market is primarily split into
Passenger Vehicle
Commercial Vehicle
By the end users/application, this report covers the following segments
Home Use
Commercial Use
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, The offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
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 vehicle’s emissions are cleaner, with lower emissions of carbon and lower particulate emissions per equivalent distance traveled. There is generally less wasted fuel.
In the next five years, the Global consumption of CNG and LPG Vehicles will maintain about 10.85% annual growth rate.
The global average price of CNG and LPG vehicles is in the decreasing trend, from14.4 K USD/Unit in 2013 to 12.8 K USD/Unit g in 2018. With the situation of global economy and more company enter this industry; prices will be decreasing trend in the following five years.
MENA is a large consumption place, with a consumption market share nearly 27.85%. Following south Asia, China is another important consumption place with the consumption market share of 15.03% in 2017.
In 2017, there are two key reasons causing the huge decline of CNG Vehicles’ sales in China. One is China has introduced a new policy to limit motor vehicle "oil to gas", another is the decline in gasoline price.
Market competition is intense. Fiat Chrysler, Volkswagen, Ford, General Motors, etc. are the leaders of the industry, and they hold high-end customers, and their products are famous in the world.
Industry concentration is deepening. China domestic CNG vehicles enterprises are increasing investment and absorbing foreign advanced technologies so that large companies will gain more market share.
The global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market was 3740 million US$ in 2018 and is expected to 7790 million US$ by the end of 2025, growing at a CAGR of 9.6% between 2019 and 2025.
This report studies the Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Fiat Chrysler
Volkswagen
Ford
General Motors
Toyota
Iran Khodro
Nissan
Volvo Group
Hyundai
Honda
Suzuki
Mercedes-Benz
Renault
PSA
Great Wall Motors
By the product type, the market is primarily split into
Passenger Vehicle
Commercial Vehicle
By the end users/application, this report covers the following segments
Home Use
Commercial Use
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, The offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Request Sample
Request Discount
