CNG Vehicles Market 2018 Size, Shares | Global Industry Revenue by Top Key Companies – Fiat Chrysler, Volkswagen, Ford, General Motors, Toyota, Iran Khodro

In the last several years, Global market of CNG Vehicles developed rapidly, with an average growth rate of 8.19%. In 2015, the production of OEM CNG Vehicle is about 234.4 k units and the Car Modification is about 2495.4 k units, with a production market share 91.41%.

Global “CNG Vehicles Market” 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.

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.

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North America is a large consumption place, with a consumption market share nearly 18.73%. Following North America, China is another important consumption place with the consumption market share of 18.02% in 2015.

Market competition is intense. Fiat Chrysler, Volkswagen, Ford, General Motors, etc. are the leaders of the industry, and they hold high-end customers, and their products are famous in the world.
Industry concentration is deepening. China domestic CNG vehicles enterprises are increasing investment and absorbing foreign advanced technologies so that large companies will gain more market share.

Over the next five years CNG Vehicles will register a 4.3% CAGR in terms of revenue, reach US$ 52600 million by 2023, from US$ 40900 million in 2017.

The Key Players Covered in this report:
• Fiat Chrysler
• Volkswagen
• Ford
• General Motors
• Toyota
• Iran Khodro and More....

Our Market Research Solution Provides You Answer to Below Mentioned Question:
• Which are the driving factors responsible for the growth of this market?
• Which are the roadblock factors for this market?
• What are the new opportunities responsible for the growth in the coming years?
• What are the present and future trends in this market?
• Which are the main factors responsible for a new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales, and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2018?
• How will each segment grow over the forecast period and how much revenue will these segments account for, in 2023?
• Which region has more growth opportunities?

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Segmentation by product type:
• OEM
• Car Modification

Segmentation by application:
• Personal Use
• Commercial Use

Research objectives
• To analyze the CNG 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 CNG 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 and More…

Table of Contents
1 Scope of the Report
2 Executive Summary
3 Global CNG Vehicles by Players
4 CNG Vehicles by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
TOC Continued….!

Tables And Figures
• Figure Picture of CNG Vehicles
• Table Product Specifications of CNG Vehicles
• Figure CNG Vehicles Report Years Considered
• Figure Market Research Methodology
• Figure Global CNG Vehicles Consumption Growth Rate 2013-2023 (K Units)
• Figure Global CNG Vehicles Value Growth Rate 2013-2023 ($ Millions)
• Table CNG Vehicles Consumption CAGR by Region 2013-2023 ($ Millions)
• Figure Product Picture of OEM
• Table Major Players of OEM
• Figure Product Picture of Car Modification
• Table Major Players of Car Modification and More….

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This release was published on openPR.