Automotive Natural Gas Vehicles Market 2018 Global Size, Trends, Growth, And Industry Forecast To 2023

Automotive Natural Gas Vehicles Market Research Report – Global Industry Forecast to 2023, is latest report provides Global Automotive Natural Gas Vehicles Market by Technology (Active Safety, Passive Safety), Type (Automatic Braking and Collision Avoidance, Brake Assist, External Airbags, Pop-up Bonnets), Components, and Vehicle Types–Forecast till 2023.

Key players in global Automotive Natural Gas Vehicles market studied are:

The key players in automotive natural gas vehicle market are Dongfeng Motors Group Limited (China), AB Volvo (Sweden), Beiqi Foton Motors Group Limited (China), Shaanxi Automobile Group Limited (China), Daimler AG (Germany), and CNH Industrial NV (The Netherlands), Landi Renzo (Italy), and Westport (Canada).

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Automotive Natural Gas Vehicles Global Market Highlights:

The surge in the extraction of natural gas production is rising owing to technology progress in natural gas extraction methods. The market is on an upward growth curve and is yet to penetrate in various regions and user segments, this fact presents high opportunities for development of the market in the coming years. Investments in vehicles and retail infrastructure are expected to create positive returns although temporary government support may be needed to create an NGV market. Lesser fuel price, a decrease in greenhouse gas emission, and making of less carbon dioxide per unit of energy used is expected to impel market growth in the forecast period.

The factors that are responsible for the growth of automotive natural gas vehicle market are lower fuel cost, reduction in greenhouse gas emission, and production of less carbon dioxide per unit of energy consumed. Other key drivers expected to contribute towards the growth of automotive natural gas vehicle market are growth in refueling station infrastructure and rising crude oil price. In addition to that, conversions or retrofitting are available across different platforms for consumers to get the desired fuel efficiency.

The automotive natural gas vehicle market is segmented based on fuel type and vehicle type. On the basis of fuel type, Compressed Natural Gas (CNG) is widely used and covers the majority of the automotive natural gas vehicle market. On the basis of vehicle type, heavy-duty vehicles, such as transit buses, road tractors, and trucks, have the largest demand for the automotive natural gas vehicle. There are very few Liquefied Petroleum Gas (LPG) fuel options available in light-duty and medium-duty vehicles.

The productive integration of supply chain management is firmly increasing the development of the market. The main success factors and participants’ tendencies are increasingly rising by the strategies being used by market competitors. The alterations seen in terms of strategy execution and creation are altering the development pace of the market. The evolution patterns are revised in tandem to the customer likings to realize greatest growth, and in the long run, viability. The framework for growth plans has stimulated the market for potential new entrants. The improvement in the products and services is the foremost factor intensifying the market's productivity and leading the trends that are achieving excellence in the market. The inequalities in the market are filled due to the application of apt supply chain strategies. The improved level of emphasis on the diversity of products is increasing the number of customers in the market significantly.

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 Researc

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 Bargaining Power Of Suppliers

3.1.4 Threat Of Substitutes

3.1.5 Segment Rivalry

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

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