Maharashtra, India -- (SBWire) -- 02/14/2019 --Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market
Global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market Insights, Forecast To 2024 provides a specific tool for evaluating the global market, specifying the growth potentials, and supporting tactical and strategic decision-making.
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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.
Key Manufacturers of Global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market: Fiat Chrysler, Volkswagen, Ford, General Motors, Toyota, Iran Khodro, Nissan, Volvo Group, Hyundai, Honda, Suzuki, Mercedes-Benz, Renault, PSA, Great Wall Motors and More
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.
According to this study, over the next five years the Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market will register a 9.7% CAGR in terms of revenue, the global market size will reach US$ 6530 million by 2024, from US$ 3740 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles business.
Types:
Passenger Vehicle, Commercial Vehicle and More
Application:
Home Use, Commercial Use and More
Regions:
North America – US and Canada
Europe – UK, Germany, Italy, and France
APAC – China, Japan, and India
LAMEA – GCC Countries, Mexico, and Africa
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The Scope of Global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market: This report assesses the growth rate and the market value on the basis of the key market dynamics, as well as the growth inducing factors. The complete study is based on up-to-date industry news, growth potentials, and market trends. It also contains an in-depth analysis of the market and competitive scenario, together with the SWOT analysis of the leading competitors.
Table of Content:
Global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market Scenario of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
Manufacturing Cost Structure Analysis of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
Relevant Data and Manufacturing Plant Analysis of the Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market
Regional Analysis of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
Global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market Analysis during 2019-2024.
Growth Trend Analysis of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market
Key Vendor Analysis of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market
Consumers Analysis of Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
A Conclusion of the Global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market Professional Survey Report 2019
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Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market highlights following key factors:
A comprehensive analysis of the Global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) VehiclesMarket, which includes an evaluation of the said market.
Rising trends by segments, sub-segments, and regional markets.
Crucial changes in market dynamics and overview.
Market analysis up to the second or third level.
Market shares and approaches of the leading competitors in the Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles
Present and future market size, in terms of both value and volume.
Reporting and projection of the latest industry developments.
This research study consists of the historical data from 2011 to 2019 and forecasts until 2024, which makes it a valuable source of information for all the individuals looking for relevant market information in readily accessible documents with clearly presented graphs and statistics, including but not limited to the industry executives, analysts, consultants, and marketing, sales, and product managers.
Reasons for Buying this Report:
This research study provides a detailed analysis of the changing competitive dynamics.
It also provides a forward-looking view on the various components responsible for driving or constraining the growth of the market.
It provides a technological growth map over time, so as to comprehend the industry growth rate.
It likewise provides a five to seven-year forecast evaluated on the basis of how the industry is forecasted to grow.
It helps in comprehending the key product segments and their future growth prospects.
Available Customization:
With the given market data, Reports Monitor offers customizations according to the company's specific needs. The following customization options are available for the report:
The Regional and country-level analysis of the Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Market, by end-use.
The Detailed analysis and profiles of additional market players.
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