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Automotive Natural Gas Vehicle Market to Hit $418,889 Units by 2019


The report “Automotive Natural Gas Vehicle Market Analysis for Commercial Vehicles by Fuel Type (CNG & LNG), by Vehicle Type (Medium Duty & Heavy Duty) & by Geography (Asia-Oceania, Europe, Americas, RoW (Rest of the World)) - Industry Trends & Forecast to 2019”, defines and segments the CNG and LNG commercial vehicle market with an analysis and forecasting of its global volume.

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Natural Gas Commercial Vehicle Market Growth, By vehicle type (2014-2019)

Source: MarketsandMarkets Analysis


The report segments the market based on commercial vehicle types (heavy &medium duty), geography (Asia-Oceania, Europe, Americas,and the Rest of the World), fuel type (CNG&LNG)and provides market forecast for 2019 in terms of volume (‘000 units) for the aforesaid segments.It contains qualitative data such as comparison of cost of ownership of CNG & LNG commercial vehicles withdiesel commercial vehicles.It outlines the key strategies of OEMs and governments for promoting CNG and LNG commercialvehicles, the recent developments & products, agreements, partnerships, collaborations, and joint ventures of OEMs,globally.It also provides detailed information on fuelling stations and cost of fuel (diesel/LNG/CNG), by geography The keyplayers in this market include Dongfeng Motors Group Limited, AB Volvo, Beiqi Foton Motors Group Limited, Shaanxi Automobile Group Company Limited, Daimler AG, and CNH Industrial(Iveco).


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