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.
China automotive compressed natural gas vehicles industry is concentrated and the top three manufacturers control over 40% of the market share in 2015. Faw-Volkswagen, DPCA and Beijing Hyundai are the leaders in the global compressed natural gas vehicles market. And most top players are joint ventures that have more advanced technology and more funds.
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South Central China is the largest plants of CNG vehicles in China with the market share of over 24% in 2015, followed by Northeast and East China, whose market share are 16.98% and 17.12%, respectively. As for the demand, Shandong and Xinjiang are the leading markets.
According to this study, over the next five years the Compressed Natural Gas Vehicles market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Compressed Natural Gas Vehicles business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Compressed Natural Gas Vehicles market by product type, application, key manufacturers and key regions and countries.
This study considers the Compressed Natural Gas Vehicles value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
SG Automotive Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Compressed Natural Gas Vehicles consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Compressed Natural Gas Vehicles market by identifying its various subsegments.
Focuses on the key global Compressed Natural Gas Vehicles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Compressed Natural Gas Vehicles with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Compressed Natural Gas Vehicles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents:
2019-2024 Global Compressed Natural Gas Vehicles Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Compressed Natural Gas Vehicles Consumption 2014-2024
2.1.2 Compressed Natural Gas Vehicles Consumption CAGR by Region
2.2 Compressed Natural Gas Vehicles Segment by Type
2.2.1 Passenger Car
2.3 Compressed Natural Gas Vehicles Consumption by Type
2.3.1 Global Compressed Natural Gas Vehicles Consumption Market Share by Type (2014-2019)
2.3.2 Global Compressed Natural Gas Vehicles Revenue and Market Share by Type (2014-2019)
2.3.3 Global Compressed Natural Gas Vehicles Sale Price by Type (2014-2019)
2.4 Compressed Natural Gas Vehicles Segment by Application
2.4.1 Operating Vehicle
2.4.2 Family Car
2.5 Compressed Natural Gas Vehicles Consumption by Application
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