openPR Logo
Press release

Automotive Industry to drive the Global CNG Vehicle Market || Key Players: Landi Renzo, Impco, Venchurs, Westport, Tomasetoo Achile,

02-28-2019 07:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Automotive Industry to drive the Global CNG Vehicle Market || Key

Fact.MR delivers key insights on the CNG vehicle market in its published report, titled “CNG vehicle: Industry Analysis and Opportunity Assessment, 2018–2027”. In terms of revenue, the CNG vehicle market is estimated to expand at a CAGR of 3.2% over the forecast period, owing to the numerous factors, about which FACT.MR offers thorough insights and forecasts in this report. The current growth trend of the CNG vehicle market has prominently influenced by the increasing air pollutions due to fuel emissions across all the regions of the globe. Advancement in autonomous technology amalgamate innovations in the automobile fuel systems, and NGVs (Natural Gas Vehicles) have become a tool for a consumer as well as a marketer to reduce and suppress fuel emission which are likely to boost the CNG vehicle market.

Request Free Sample

https://www.factmr.com/connectus/sample?flag=S&rep_id=2537

CNG vehicle for Passenger vehicle type segment are Estimated to be the Most Lucrative Market in the CNG vehicle

The demand for CNG vehicle for passenger vehicle type segment is estimated to grow at a significant rate and is projected to reach more than thousand millions by 2027 end. The CNG vehicle for commercial vehicle segment is growing at a relatively slower pace as compared to other CNG vehicle segment. The slow growth in the commercial CNG vehicle in the market is due to the long product lifecycle and the availability in the market globally. Though the CNG vehicle for passenger vehicle segment has maximum work piece diameter, which is used in various light commercial vehicle. Therefore, it holds more than 60% share in terms of value in 2018.

Browse Full Report with ToC Here: 

https://www.factmr.com/report/2537/cng-vehicles-market

APEJ: Market Leader in the CNG vehicle

The CNG vehicle market has been evaluated across primary regions such as North America, Latin America, Europe, Japan, Asia Pacific Excluding Japan (APEJ) and Middle East and Africa (MEA). Among these, APEJ CNG vehicle market is expected to hold favorable growth in terms of CAGR over the forecast period. In terms of value, the APEJ market is anticipated to hold a prominent share of the market by 2027. The market for CNG vehicle is estimated to grow at a significant CAGR of more than 3.6% and will represent a total incremental opportunity of over thousand millions in terms of value during the forecast period.

Have Any Query?? Ask Our Industry Expert:  

https://www.factmr.com/connectus/sample?flag=AE&rep_id=2537

Key players operating in the global market for CNG vehicle, include Ford Motor Company, Fiat Chrysler Automobiles, General Motors, Honda Motor Company, Volkswagen, Hyundai Motor Group, Suzuki Motor Corporation, Great Wall Motors, Iran Khodro, and others. Some of the aftermarket players in the CNG Vehicle market are Landi Renzo, Impco, Venchurs, Westport, Tomasetoo Achile, and others. The competition among the existing market players is very high. Therefore, to survive & succeed in such a competitive environment, manufacturers must distinguish their product offering through innovative & unique products.

Read Full PR Here:

https://www.factmr.com/media-release/842/cng-vehicles-market

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

sales@factmr.com

www.factmr.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Industry to drive the Global CNG Vehicle Market || Key Players: Landi Renzo, Impco, Venchurs, Westport, Tomasetoo Achile, here

News-ID: 1622680 • Views: 669

More Releases from Fact.MR

07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On

All 5 Releases


More Releases for CNG

CNG Tank (CNG Cylinder) Market Technology Trends in Future
MarketResearchReports.Biz adds “Global CNG Tank (CNG Cylinder) Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the CNG Tank (CNG Cylinder) market and the growth estimates for the forecasted period. CNG Tank/Cylinder is made using the cylinder shape with a semi-spherical shape covering each end. The cylinder and semi-spherical shapes provide the strongest structural shape because the circular and spherical
CNG Tank (CNG Cylinder) Market Made Impressive Gains by 2023
HTF MI published a new industry research that focuses on CNG Tank (CNG Cylinder) market and delivers in-depth market analysis and future prospects of� Global CNG Tank (CNG Cylinder) market. The study covers significant data which makes the research document a handy resource for managers, analysts, industry experts and other key people get ready-to-access and self-analyzed study along with graphs and tables to help understand market trends, drivers and market
2017 CNG Vehicles Manufacturers Estimates and Forecasts
This report studies CNG Vehicles in Global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 CNG Vehicles Players in each region, with sales, price, revenue and market share for top 5 manufacturer, covering Fiat Chrysler Volkswagen Ford General Motors Toyota Iran Khodro Nissan Volvo Group Hyundai Honda Suzuki Mercedes-Benz Renault PSA Peugeot Citroen Great Wall Motors Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top 5
Global CNG Compressor Market Information Forecast - 2027
Market Scenario: Large-scale application of CNG in recent times is one of the primary factors driving the CNG Compressor market. The demand for CNG and CNG compressor are complimentary to each other. Recent surge in the Oil and Gas market is expected to have a positive impact on the CNG compressor market. CNG being relatively cheaper as compared to petrol and diesel has widely been preferred fuel to curb the
Cabinet NG Announces CNG-SAFE 7.5
Cabinet NG Announces CNG-SAFE 7.5 User Enhanced Document Management and Electronic Workflow Features HUNTSVILLE, AL – March 5, 2012 – Cabinet NG (CNG), provider of electronic document management and workflow management software, today announced the release of CNG-SAFE 7.5, the latest version of its complete document management and workflow software product. A main component of this latest release includes automated PDF form field population, user customized displays, and enhancements to CNG-Books, CNG’s
ZeitEnergy Launches cngconnect.org for the CNG Industry
Fort Worth, TX, November 18, 2009 / -- In an announcement today to the Metroplex NGV Consortium, ZeitEnergy launched a new website, cngconnect.org , to complement their public policy campaign, CNG Connect, started earlier this year. The purpose of the website and campaign is to increase the adoption of compressed natural gas fueling by encouraging local partnering among fleets and local solutions to the problems that fleets face when