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Global Compressed Natural Gas (CNG) Market to Witness a Pronounce Growth During 2024– Top Key players like Fiat Chrysler,Volkswagen,General Motors,Inc.
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Compressed natural gas (CNG) vehicle is an alternative fuel vehicle that uses compressed natural gas as the fuel rather than gasoline or diesel.
In the next five years, the Global consumption of CNG vehicles will maintain about 10.85% annual growth rate.
The global average price of CNG vehicles is in the decreasing trend, from14.4 K USD/Unit in 2013 to 12.8 K USD/Unit g in 2018. With the situation of global economy and more company enter this industry; prices will be decreasing trend in the following five years.
MENA is a large consumption place, with a consumption market share nearly 27.85%. Following south Asia, China is another important consumption place with the consumption market share of 15.03% in 2017.
Global Compressed Natural Gas (CNG) Vehicles market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Compressed Natural Gas (CNG) Vehicles.
This industry study presents the global Compressed Natural Gas (CNG) Vehicles market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Compressed Natural Gas (CNG) Vehicles production, revenue and market share by manufacturers, key regions and type.
Market Segment by Manufacturers, this report covers
Fiat Chrysler
Volkswagen
Ford
General Motors
Toyota
Iran Khodro
Nissan
Volvo Group
Hyundai
Honda
Suzuki
Mercedes-Benz
Renault
PSA
Great Wall Motors
Market Segment by Type, covers
Passenger Vehicle
Commercial Vehicle
Market Segment by Applications, can be divided into
Home Use
Commercial Use
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Related Information:
North America Compressed Natural Gas (CNG) Market Growth 2019-2024
United States Compressed Natural Gas (CNG) Market Growth 2019-2024
Asia-Pacific Compressed Natural Gas (CNG) Market Growth 2019-2024
Europe Compressed Natural Gas (CNG) Market Growth 2019-2024
EMEA Compressed Natural Gas (CNG) Market Growth 2019-2024
Global Compressed Natural Gas (CNG) Market Growth 2019-2024
China Compressed Natural Gas (CNG) Market Growth 2019-2024
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