AUTOMOTIVE NATURAL GAS VEHICLE Market are those vehicle that uses liquefied natural gas and compressed natural gas as the substitute fuels. In these vehicles, the power is usually generated by the ignition of methane gas and oxygen into carbon dioxide and water. These natural gas vehicles are very safe and cheaper as compared to the normal vehicles. Increasing concern among population about the environment safety is major factor for the growth of this market.
Global automotive natural gas vehicle market is set to witness a substantial CAGR in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. Rising application of natural gas is the major factor for the growth of this market.
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Competitive Analysis: Global AUTOMOTIVE NATURAL GAS VEHICLE Market
Few of the major competitors currently working in the automotive natural gas vehicle market are Agility, AB Volvo, , Inc, Foton Motor Inc., CNH Industrial N.V., Clean Energy Fuels, Cummins Inc, PACCAR Inc., Navistar Quantum Fuel Systems LLC., Westport Fuel Systems Inc., Daimler AG., Landi Renzo S.p.a, Westport, Isuzu Motors Ltd, General Motors, Caterpillar, Volkswagen AG, TOYOTA MOTOR CORPORATION.
Key Pointers Covered in the Global AUTOMOTIVE NATURAL GAS VEHICLE Market Trends and Forecast to 2026
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market New Sales Volumes
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market Replacement Sales Volumes
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market Installed Base
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market By Brands
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market Size
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market Procedure Volumes
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market Product Price Analysis
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market Healthcare Outcomes
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market Cost of Care Analysis
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market Regulatory Framework and Changes
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market Prices and Reimbursement Analysis
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market Shares in Different Regions
- Recent Developments for Global AUTOMOTIVE NATURAL GAS VEHICLE Market Competitors
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market Upcoming Applications
- Global AUTOMOTIVE NATURAL GAS VEHICLE Market Innovators Study
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Key Developments in the Market:
- In March 2017, BP p.l.c have partnered with the Clean Energy so that together they can expand the capabilities of renewable natural gas transportation fueling. The BP will acquire the upstream RNG business so that they can support the firm’s renewable natural gas business. The main aim is to meet the growing requirement of the renewable natural gas
- In May 2017, Total announced that they have acquired PitPoint B.V. The main aim of the acquisition is to expand them in the natural gas vehicle fuel sector so that they can serve better service to the trucking and professional transporting industry. This is a part of the Total’s strategy to enhance their low- carbon business by advancement and development in the natural gas
Scope of the AUTOMOTIVE NATURAL GAS VEHICLE Market
- Global Automotive Natural Gas Vehicle Market By Fuel Type (Compressed Natural Gas, Liquefied Natural Gas), Vehicle Type (Passenger, Commercial, Light-Duty & Heavy-Duty Buses and Trucks, Three-wheelers, Motorcycles, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
- Global automotive natural gas vehicle market is set to witness a substantial CAGR in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. Rising application of natural gas is the major factor for the growth of this market.
- Automotive natural gas vehicle are those vehicle that uses liquefied natural gas and compressed natural gas as the substitute fuels. In these vehicles, the power is usually generated by the ignition of methane gas and oxygen into carbon dioxide and water. These natural gas vehicles are very safe and cheaper as compared to the normal vehicles. Increasing concern among population about the environment safety is major factor for the growth of this market.
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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