Natural Gas Vehicles Market: 2018 Global Automotive Industry Analysis By Size, Share, Growth Factors, Emerging Trends, Competitive Landscape, And Key Country Forecast To 2023

Natural Gas Vehicles Market 2018 research report expands Global Natural Gas Vehicles Market with historical data, forecast data, Key Players, Regional Analysis, Upcoming Opportunity, and Competitive Landscape with forecast to 2023. This research report includes comprehensive information on Global Natural Gas Vehicles Market Information by Fuel Type (CNG and LNG), Vehicle Type (Light-duty, Medium-duty, and Heavy-duty), and Region.

Global Natural Gas Vehicles Market Highlights:

Natural gas vehicle enjoys significant advantages over gasoline and diesel propelled vehicles, such as long-term price stability, very narrow flammability range, high auto-ignition temperature, relatively cheap, and simplified fuel system. These fuel characteristics make natural gas favorable to use in high-duty vehicles. Recently, natural gas production is increased due to technology advancement in natural gas extraction method. This leads to a reduction of commodity price for natural gas. The price fluctuation of natural gases is minimum as compared to crude oil price fluctuation. The rise in crude oil prices and emission of greenhouse gasses will enable the fleet operators to adopt natural gas vehicle.

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Major Players in Natural Gas Vehicles Market studied for this report are: Nippon Sheet Glass Co. Ltd (Japan), Vitro, S.A.B. de C.V. (Mexico), Xinyi Glass Holdings Limited (Hong Kong), Guardian Industries Corp (U.S.), Fuyao Glass Industry Group Co. Ltd (China), Asahi Glass Co., Ltd. (Japan), Central Glass Co. Ltd (Tokyo), Saint Global S.A. (Paris), Olimpia Auto Glass (Turkey), Shatterprufe (South Africa) and others.

One  of  the  factors  driving  the  growth  of  the  automotive  natural  gas  vehicle  market  is  the  stringent  emission  norms  in  the  automotive  industry.  The  growth  in  the  automotive  industry  will  result  in  the  growing  development  of  the  non-conventional  vehicle.  The  changing  preference  of  consumers  towards  alternative  fuels  will  result  in  increased  use  of  natural  gas  in  the  vehicle.  The  other  factors  that  are  responsible  for  the  growth  of  the  automotive  natural  gas  vehicle  market  are  low  fuel  cost,  reduction  in  greenhouse  gas  emission,  growth  in  refueling  infrastructure,  and  rising  crude  oil  price.  In  Asia  Pacific  region,  the  growing  numbers  of  fleet  operators  and  commercialization  of  natural  gas  vehicle  will  bolster  the  growth  of  automotive  natural  gas  vehicle  market  during  the  forecast  period.

Regional Analysis:

The market is segmented based on America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the market in future, due to the largest market share for commercial vehicle and fleet operators. For instance, China is showing growth in refueling infrastructure for CNG and LNG fuel. The America region is second to the Asia Pacific region in the automotive natural gas vehicle market due to increase in the adoption rate of the natural gas driven vehicle. Thus, the automotive natural gas vehicle market is estimated to grow at approximately 6% CAGR during the period of 2017 to 2023.

Scope of the report:

The report for Global Automotive Natural Gas Vehicle Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Target Audience

Distributer & Supplier companies
End Users
Consultants and Investment bankers
Government as well as Independent Regulatory Authorities
Major Table of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

Continued…

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