2021-2027 Global and Regional Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles Industry Status and Prospects Professional Market Research Report Standard Version

2021-2027 Global and Regional Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicle...

Published:
Nov 30,2021
Report ID:
948262
Pages:
140
Delivery Format:
License Type
  Single User License
$ 3500
  Corporate User License
$ 5250
  Enterprise Licence
(Global Site License)
$ 7000
Purchase Now

Request For Sample
Pre-Order Inquiry
Request Discount
  • Summary
  • Content
  • Tables And Figures
    • The global Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) Vehicles market was valued at 4712.49 Million USD in 2020 and will grow with a CAGR of 9.96% from 2020 to 2027, based on HNY Research newly published report.
    The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
    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.In the next five years, the Global consumption of CNG and LPG Vehicles will maintain about 10.85% annual growth rate. The global average price of CNG and LPG 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 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. In 2017, there are two key reasons causing the huge decline of CNG Vehicles` sales in China. One is China has introduced a new policy to limit motor vehicle "oil to gas", another is the decline in gasoline price. Market competition is intense. Fiat Chrysler, Volkswagen, Ford, General Motors, etc. are the leaders of the industry, and they hold high-end customers, and their products are famous in the world. Industry concentration is deepening. China domestic CNG vehicles enterprises are increasing investment and absorbing foreign advanced technologies so that large companies will gain more market share.
    By Market Verdors:
    Fiat Chrysler
    Volkswagen
    Ford
    General Motors
    Toyota
    Iran Khodro
    Nissan
    Volvo
    Hyundai
    Honda
    Suzuki
    Mercedes-Benz
    Renault
    PSA
    Great Wall Motors

    By Types:
    Passenger Vehicle
    Commercial Vehicle

    By Applications:
    Home Use
    Commercial Use

    Key Indicators Analysed
    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
    Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
    Opportunities and Drivers: Identifying the Growing Demands and New Technology
    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

    Key Reasons to Purchase
    To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
    Assess the production processes, major issues, and solutions to mitigate the development risk.
    To understand the most affecting driving and restraining forces in the market and its impact in the global market.
    Learn about the market strategies that are being adopted by leading respective organizations.
    To understand the future outlook and prospects for the market.
    Besides the standard structure reports, we also provide custom research according to specific requirements.

    What’s Included

    Market Size

    Market Share

    Market Segmentation

    Market Forecast

    Regional Segment Analysis

    Compound Annual Growth Rate

    Company and Brand Details

    Market Revenue and
    Growth Opportunities

    Safe and Secure

    Clients

    Request A Free Sample Report