Global Light and Heavy duty Natural Gas Vehicle Sales Market Report 2020

Natural gas can be used in all classes of vehicles – motorcycles, cars, vans, light and heavy duty trucks, buses, lift trucks, locomotives. Marine applications are increasing with applications such as tug boats, ferries, barges and ships using CNG and LNG. Natural gas powered aircraft are also being trialed.
A natural gas vehicle (NGV) is an alternative fuel vehicle that uses compressed natural gas (CNG) or liquefied natural gas (LNG). In a natural gas powered vehicle, energy is released by combustion of essentially Methane gas (CH4) fuel with Oxygen (O2) from the air to CO2 and water vapor (H2O) in an internal combustion engine. Methane is the cleanest burning hydrocarbon and many contaminants present in natural gas are removed at source.

Market Analysis and Insights: Global Light and Heavy duty Natural Gas Vehicle Market
The global Light and Heavy duty Natural Gas Vehicle market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.

Global Light and Heavy duty Natural Gas Vehicle Scope and Market Size
The global Light and Heavy duty Natural Gas Vehicle market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Light and Heavy duty Natural Gas Vehicle market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Light and Heavy duty Natural Gas Vehicle market is segmented into
Light-duty NGV
Heavy-duty NGV

Segment by Application, the Light and Heavy duty Natural Gas Vehicle market is segmented into
Public Transportation
Logistics

The Light and Heavy duty Natural Gas Vehicle market is analysed and market size information is provided by regions (countries). Segment by Application, the Light and Heavy duty Natural Gas Vehicle market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Light and Heavy duty Natural Gas Vehicle Market Share Analysis
Light and Heavy duty Natural Gas Vehicle market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Light and Heavy duty Natural Gas Vehicle business, the date to enter into the Light and Heavy duty Natural Gas Vehicle market, Light and Heavy duty Natural Gas Vehicle product introduction, recent developments, etc.

The major vendors covered:
CNH Industrial
Daimler Trucks
General Motors
MAN Truck & Bus
Volvo Trucks
Beiqi Foton Motor
BRC Gas Equipment
Cummins Westport
Dongfeng Motor
Fiat Chrysler Automobiles
Ford Motor
Gaz
Honda
Impco Technologies
Isuzu Motors
Kamaz
Landi Renzo
Navistar
Renault
Volkswagen

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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