Global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market to Observe Strong Development by 2
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.
In the next five years, the Global consumption of CNG and LPG Vehicles will maintain about 10.85% annual growth rate.
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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.
The global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market is valued at 3740 million US$ in 2017 and will reach 7790 million US$ by the end of 2025, growing at a CAGR of 9.6% during 2018-2025.
The major manufacturers covered in this report
Fiat Chrysler
Volkswagen
Ford
General Motors
Toyota
Iran Khodro
Nissan
Volvo Group
Hyundai
Honda
Suzuki
Mercedes-Benz
Every market has a skeleton of its own, and this published report too includes a detailed skeleton for the Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market. Various factors such as production capacities of businesses, profiles of major players in the market, import and export sales data, etc. have been covered under this report. This compilation describes a detailed assessment of the fundamental factors associated with the Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market such as promising trends, growth opportunities, prime market drivers, regional market spread, market valuation in past, present as well future quotations, along with several others. The report also includes graphical data in the form of charts, graphs, pie diagrams, figures, and tables. Such graphical data can enable readers to carefully understand detailed information about the Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market.
Table of Contents
Global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market Professional Survey Report 2018
1 Industry Overview of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
1.1 Definition and Specifications of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
1.1.1 Definition of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
1.1.2 Specifications of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
1.2 Classification of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
1.2.1 Passenger Vehicle
1.2.2 Commercial Vehicle
2 Manufacturing Cost Structure Analysis of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
2.3 Manufacturing Process Analysis of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
2.4 Industry Chain Structure of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
3 Technical Data and Manufacturing Plants Analysis of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
3.1 Capacity and Commercial Production Date of Global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Major Manufacturers in 2017
3.2 Manufacturing Plants Distribution of Global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Major Manufacturers in 2017
3.3 R&D Status and Technology Source of Global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Major Manufacturers in 2017
…
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