Automotive Natural Gas Vehicles Market by Manufacturers, Regions(Europe, Asia Pacific, North America and South America), Type and Application, Forecast to 2030 (Recession Impact Analysis)
ID : MRU_
96672 | Date :
Jan, 2023 | Pages :
184 | Region : Global |
Publisher : MRU
The Global Automotive Natural Gas Vehicles Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
Automotive Natural Gas Vehicles refer To CNG vehicles.
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.
Countries such as the U.S. and Russia are expected to constitute key regional markets owing to the presence of large natural gas reserves enabling them to achieve energy independence and domestically produce the required fuel. Asia Pacific is expected to exhibit significant market share in the CNG buses and trucks market, whereas North America is projected to witness high growth due to increasing adoption among fleet operators in the U.S.
In the global Automotive Natural Gas Vehicles Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
This report focuses on Automotive Natural Gas Vehicles volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Automotive Natural Gas Vehicles market size by analysing historical data and future prospect.
In Market segmentation by manufacturers, the report covers the following companies-
Faw-Volkswagen
DPCA
Beijing Hyundai
Saic-Volkswagen
DYK
Changansuzuki
Cherry
BYD
Lifan
Yutong
JAC
Shudu Bus
Zhongtong Bus
King Long
SG Automotive Group
Asiastar
Yangtse
Foton
Brilliance Auto
Haima
Shaolin Bus
Geely
Chang\'an In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Passenger Car
Bus
Truck
Other In Market segmentation by applications :
Operating Vehicle
Family Car
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Natural Gas Vehicles Market for the forecast period 2023 - 2030?
• What are the driving forces in the Automotive Natural Gas Vehicles Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Natural Gas Vehicles industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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