2019 -2025 Compressed Natural Gas Vehicles Market Analysis and Forecast to 2025: By Top Companies Changan-Suzuki, Cherry, BYD, Lifan, Yutong, JAC, Shudu Bus

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.

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.

The global Compressed Natural Gas Vehicles market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

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This report focuses on Compressed Natural Gas Vehicles volume and value at global level, regional level and company level. From a global perspective, this report represents overall Compressed Natural Gas Vehicles market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
Faw-Volkswagen
DPCA
Beijing Hyundai
Saic-Volkswagen
DYK
Changan-Suzuki
Cherry
BYD
Lifan
Yutong
JAC
Shudu Bus
Zhongtong Bus
King Long
SG Automotive Group
Asiastar
Yangtse
Foton
Brilliance Auto
Haima
Shaolin Bus
Geely
Changan

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Segment by Regions
North America
Europe
China
Japan

Segment by Type
Passenger Car
Bus
Truck

Segment by Application
Operating Vehicle
Family Car

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