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CNG and LPG Market Analysis, Size, Development and Forecast to 2022

The global CNG and LPG market was valued at 45,952.4 thousand units in 2015, and it is expected to grow at a CAGR of 10.1% during 2016 - 2022.

VijayMishra
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CNG and LPG Market Analysis, Size, Development and Forecast to 2022

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  1. GLOBAL INDUSTRY INSIGHT: C NG and LPG Market Analysis, Size, Share, Development, Growth and Demand Forecast to 2022

  2. Global CNG and LPG Market Size, Share, Development, Growth and Demand Forecast to 2022 The global CNG and LPG market was valued at 45,952.4 thousand units in 2015, and it is expected to grow at a CAGR of 10.1% during 2016 - 2022. Increasing population and urbanization, growing demand for passenger and commercial vehicles mainly in developing economies, and stringent emission control norms across the globe are expected to drive the demand for CNG and LPG vehicles over the forecast period. The global demand for CNG and LPG vehicle is fueled by the unstable conventional fuel prices, which is driving the interest of people towards using CNG and LPG vehicles, as the overall price of CNG and LPG when compared to the cost of either gasoline or refined diesel fuels is low. Increase in the development of the infrastructure network for CNG and LPG fueling stations is expected to drive the demand for CNG and LPG vehicles in the coming years. Explore Full Market Research Report at: https://www.psmarketresearch.com/market-analysis/cng- and-lpg-vehicle-market Rapid transit vehicles are gaining popularity due to their rapid mobility and high seating capacity. Increasing number of CNG/LPG powered transit buses during the forecast period drives the growth of the CNG and LPG vehicle market. Moreover, increasing use of waste collection vehicles, including garbage truck, dustcart, dustbin lorry, bin lorry or bin van, runs on CNG and LPG and is thus supporting the growth of the CNG and LPG vehicle market in developed regions. Wider use of natural gas in both short-haul fleets and long distance trucking is being facilitated by the development of CNG, LPG and LNG fueling networks. Technological innovation is producing more affordable light-duty, medium-duty, and heavy-duty natural gas truck options, as well as natural gas fueled passenger vehicles. These factors are driving the growth of the CNG and LPG vehicle market in the developed economies. Based on fuel type, the market of LPG vehicles has been larger than CNG vehicles in 2015. The market of CNG and LPG vehicle was the largest in passenger car segment in 2015, compared to other vehicle types. Explore Report S ample at: https://www.psmarketresearch.com/market-analysis/cng-and-lpg- vehicle-market/report-sample Europe was the largest market for CNG and LPG vehicles in 2015. The major reason for the growth of the market in Europe includes high cost for diesel and stringent regulation by EU for low emission across the Europe. CNG and LPG vehicle market in South America is expected to increase © P&S Market Research. All rights reserved 2

  3. Global CNG and LPG Market Size, Share, Development, Growth and Demand Forecast to 2022 at a significant rate, driven by growing automotive industry and increasing infrastructure for CNG and LPG fueling stations. Asia-Pacific was the second largest market for CNG and LPG vehicle in 2015. The infrastructural developments and high investments from major OEMs have fuelled the growth of personal and passenger vehicles, and thus the CNG and LPG vehicles market in the region. Brow se Related Research: https://www.psmarketresearch.com/industry-report/automotive-and- transportation Some of the major players operating in the global CNG and LPG vehicle market include Ford Motor Company, Suzuki Motor Corporation, Fiat Chrysler Automobiles NV, Honda Motor Company, Volkswagen Group, Hyundai Motor Group, General Motors Company, Groupe Renault, Kia Motors Corporation, Mercedes-Benz, The Volvo Group, Isuzu Motors Ltd. and Toyota Motor Corporation and Mitsubishi Motors Corporation. Chapter 1. Research Scope & Methodology 1.1 Market Definition 1.2 Objectives 1.3 Market Scope 1.3.1 Market breakdown by fuel type 1.3.2 Market breakdown by vehicle type 1.3.3 Market breakdown by geography 1.4 Research Methodology and Sources Chapter 2. Executive Summary 2.1 Key Findings 2.2 Research Summary Chapter 3. Market Outlook 3.1 Introduction 3.2 Trends in the Market © P&S Market Research. All rights reserved 3

  4. Global CNG and LPG Market Size, Share, Development, Growth and Demand Forecast to 2022 3.2.1 Increasing trend towards adoption of clean energy 3.3 Opportunities in the Market 3.3.1 Increasing awareness regarding air quality 3.4 Factors Driving the Growth of Market and its Impact on Market Forecast 3.4.1 Stringent emission control norms 3.4.2 CNG and LPG vehicles have significantly low running costs over gasoline vehicles 3.4.3 Increasing government incentives to promote CNG and LPG vehicles 3.4.4 Impact analysis of drivers on market forecast 3.5 Factors Hindering the Growth of Market and its Impact on Market Forecast 3.5.1 High initial cost 3.5.2 Increasing competition from other alternative fuel vehicles 3.5.3 Inadequate support infrastructure 3.5.4 Impact analysis of restraints on market forecast Chapter 4. Global CNG and LPG Vehicle Market and Forecast (2012 – 2022) 4.1 Global CNG and LPG Vehicle, by Fuel Type 4.2 Global CNG and LPG Vehicle, by Vehicle Type 4.3 Global CNG and LPG Vehicle, by Geography Chapter 5. Global CNG and LPG Vehicle, by Fuel Type 5.1 LPG 5.2 CNG Chapter 6. Global CNG and LPG Vehicle, by Vehicle Type 6.1 Passenger Car 6.2 Light & Heavy Duty Trucks 6.3 Bus Chapter 7. Global CNG and LPG Vehicle, by Geography 7.1 Europe CNG and LPG Vehicle Market © P&S Market Research. All rights reserved 4

  5. Global CNG and LPG Market Size, Share, Development, Growth and Demand Forecast to 2022 7.1.1 By fuel type 7.1.2 By vehicle type 7.1.3 By country 7.1.3.1 Russia CNG and LPG vehicle market 7.1.3.1.1 By vehicle type 7.1.3.2 Italy CNG and LPG vehicle market 7.1.3.2.1 By vehicle type 7.1.3.3 Ukraine CNG and LPG vehicle market 7.1.3.3.1 By vehicle type 7.1.3.4 Germany CNG and LPG vehicle market 7.1.3.4.1 By vehicle type 7.1.3.5 France CNG and LPG vehicle market 7.1.3.5.1 By vehicle type 7.1.3.6 Netherlands CNG and LPG vehicle market 7.1.3.6.1 By vehicle type 7.1.3.7 Spain CNG and LPG vehicle market 7.1.3.7.1 By vehicle type 7.1.3.8 Rest of Europe CNG and LPG vehicle market 7.1.3.8.1 By vehicle type 7.2 Asia-Pacific CNG and LPG Vehicle Market 7.2.1 By fuel type 7.2.2 By vehicle type 7.2.3 By country 7.2.3.1 India CNG and LPG vehicle market 7.2.3.1.1 By vehicle type 7.2.3.2 South Korea CNG and LPG vehicle market © P&S Market Research. All rights reserved 5

  6. Global CNG and LPG Market Size, Share, Development, Growth and Demand Forecast to 2022 7.2.3.2.1 By vehicle type 7.2.3.3 China CNG and LPG vehicle market 7.2.3.3.1 By vehicle type 7.2.3.4 Thailand CNG and LPG vehicle market 7.2.3.4.1 By vehicle type 7.2.3.5 Rest of Asia-Pacific CNG and LPG vehicle market 7.2.3.5.1 By vehicle type 7.3 South America CNG and LPG Vehicle Market 7.3.1 By fuel type 7.3.2 By vehicle type 7.3.3 By country 7.3.3.1 Argentina CNG and LPG vehicle market 7.3.3.1.1 By vehicle type 7.3.3.2 Brazil CNG and LPG vehicle market 7.3.3.2.1 By vehicle type 7.3.3.3 Rest of South America CNG and LPG vehicle market 7.3.3.3.1 By vehicle type 7.4 Middle East and Africa (MEA) CNG and LPG Vehicle Market 7.4.1 By fuel type 7.4.2 By vehicle type 7.4.3 By country 7.4.3.1 Iran CNG and LPG vehicle market 7.4.3.1.1 By vehicle type 7.4.3.2 South Africa CNG and LPG vehicle market 7.4.3.2.1 By vehicle type 7.4.3.3 Rest of MEA CNG and LPG vehicle market © P&S Market Research. All rights reserved 6

  7. Global CNG and LPG Market Size, Share, Development, Growth and Demand Forecast to 2022 7.4.3.3.1 By vehicle type 7.5 North America CNG and LPG Vehicle Market 7.5.1 By fuel type 7.5.2 By vehicle type 7.5.3 By country 7.5.3.1 U.S. CNG and LPG vehicle market 7.5.3.1.1 By vehicle type 7.5.3.2 Mexico CNG and LPG vehicle market 7.5.3.2.1 By vehicle type 7.5.3.3 Canada CNG and LPG vehicle market 7.5.3.3.1 By vehicle type Chapter 8. Competitive Positioning Analysis 8.1 Porter's Five Forces of Competitive Position Analysis 8.1.1 Bargaining power of buyers 8.1.2 Bargaining power of suppliers 8.1.3 Threat of new entrants 8.1.4 Intensity of rivalry 8.1.5 Threat of substitutes 8.2 Competitive Positioning of Global CNG and LPG Vehicle, By Vehicle Type Chapter 9. Company Profiles and Strategic Developments 9.1 Key Company Profiles 9.1.1 Ford Motor Company 9.1.1.1 Business overview 9.1.1.2 Product and service offerings 9.1.2 Suzuki Motor Corporation 9.1.2.1 Business overview © P&S Market Research. All rights reserved 7

  8. Global CNG and LPG Market Size, Share, Development, Growth and Demand Forecast to 2022 9.1.2.2 Product and service offerings 9.1.3 Fiat Chrysler Automobiles NV 9.1.3.1 Business overview 9.1.3.2 Product and service offerings 9.1.4 Honda Motor Company 9.1.4.1 Business overview 9.1.4.2 Product and service offerings 9.1.5 Volkswagen Group 9.1.5.1 Business overview 9.1.5.2 Product and service offerings 9.1.6 Hyundai Motor Group 9.1.6.1 Business overview 9.1.6.2 Product and service offerings 9.1.7 General Motors Company 9.1.7.1 Business overview 9.1.7.2 Product and service offerings 9.1.8 Groupe Renault 9.1.8.1 Business overview 9.1.8.2 Product and service offerings 9.1.9 Kia Motors Corporation 9.1.9.1 Business overview 9.1.9.2 Product and service offerings 9.1.10 Mercedes-Benz 9.1.10.1 Business overview 9.1.10.2 Product and service offerings 9.1.11 The Volvo Group © P&S Market Research. All rights reserved 8

  9. Global CNG and LPG Market Size, Share, Development, Growth and Demand Forecast to 2022 9.1.11.1 Business overview 9.1.11.2 Product and service offerings 9.1.12 Isuzu Motors Ltd. 9.1.12.1 Business overview 9.1.12.2 Product and service offerings 9.1.13 Toyota Motor Corporation 9.1.13.1 Business overview 9.1.13.2 Product and service offerings 9.1.14 Mitsubishi Motors Corporation 9.1.14.1 Business overview 9.1.14.2 Product and service offerings 9.2 Strategic Developments in the CNG and LPG Vehicle Market Chapter 10. Appendix 10.1 List of Abbreviations About P&S Market Research P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals. As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions. Contact: Kundan Manager – Client Partner © P&S Market Research. All rights reserved 9

  10. Global CNG and LPG Market Size, Share, Development, Growth and Demand Forecast to 2022 347, 5th Ave. #1402 New York City, NY - 10016 Toll-Free: +1-888-778-7886 (USA/Canada) Email: enquiry@psmarketresearch.com Web: https://www.psmarketresearch.com © P&S Market Research. All rights reserved 10

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