LPG Automotive Market 2021 Analysis by Top Manufacturers- FCA Group, Ford, Suzuki, Iconiq, Volkswagen, GM

LPG Automotive Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

The LPG Automotive market is anticipated to register a CAGR of over 8.8% during the forecast period (2021 - 2026).

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Top Companies in the Global LPG Automotive Market: FCA Group, Ford, Suzuki, Iconiq, Kion Group, AC S.A., Landirenzo, Volkswagen, GM and others.

Industry News:

In December 2020, Ford Motor Company showcased its 4th generation self-driving platform with better sensors, cleaning tech, and batteries and available in a hybrid option with different fuel variants.

In November 2020, Honda Motor Company showcased the 9th generation Civic model’s prototype, which is expected to be on sale in the 2nd half of 2021.

In September 2020, Hyundai launched a new Tucson model with best in segment features and class-leading capabilities. It is the 4th generation of the Tucson model and is compatible with different types of fuels. A hybrid version is also available.

In July 2020, Ford Motor Company launched the Ford Bronco Sport, a rugged small SUV equipped with standard 4x4 configurations for rugged terrains. The vehicle runs on an EcoBoost engine.

In March 2020, Volkswagen launched T-Roc, an SUV equipped with its TSI engine, 1.5L EVO (Dual Fuel Engines). Highly fuel-efficient and equipped with six airbags, ABS, ESC, tire pressure monitoring system, and reverse camera, the SUV is certified 5 Star in terms of safety.

Market Scope:

One of the most important issues pertaining to natural gas vehicles is their driving range (especially true for heavy commercial vehicles), which is comparatively lower than that of petrol and diesel vehicles. This is because of the lower energy density of natural gas. One meter-cube of natural gas roughly corresponds to 1 liter of petrol or 1.1 liter of diesel. (General conversion: 1 meter-cube is equal to 1,000 liter). Hence, natural gases are compressed and used as CNG in vehicles, which offsets this problem a bit. Another issue with NGVs, especially light-duty vehicles, is the loss of boot space. Gas cylinders are large and occupy a considerable amount of space and are generally placed in the boot compartment of the car. This significantly reduces the cargo space by almost 50% as compared to conventional fuel vehicles.

Market Segmented by Types:

Special Fuel Vehicle

Dual-Fuel Vehicle

Market Segmented by Applications:

Commercial Car

Personal Car

Regional Analysis:

– North America (United States, Canada, Mexico)

–Europe (Germany, UK, France, Italy, Spain, Russia)

–Asia-Pacific (China, Japan, South Korea, Australia, India)

–South America (Brazil, Argentina, Columbia)

–The Middle East and Africa (UAE, Egypt, South Africa)

Influence of the LPG Automotive market report:

-Comprehensive assessment of all opportunities and risk in the LPG Automotive market.

-LPG Automotive market recent innovations and major events.

-Detailed study of business strategies for growth of the LPG Automotive market-leading players.

-Conclusive study about the growth plot of LPG Automotive market for forthcoming years.

-In-depth understanding of LPG Automotive market-particular drivers, constraints and major micro markets.

-Favorable impression inside vital technological and market latest trends striking the LPG Automotive market.

Browse full report including (TOC, Company profiles, Types & Applications etc.) @:

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Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value

– Recent industry trends and developments

– Competitive landscape of Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth

Finally, LPG Automotive Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

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