Automotive Natural Gas Vehicle Market Analysis for Commercial Vehicles by Fuel Type, by Vehicle Type & by Geography - Industry Trends & Forecast to 2019
M2 - Fri Jan 30, 11:37PM CST
Research and Markets (http://www.researchandmarkets.com/research/m36vtp/automotive) has announced the addition of the "Automotive Natural Gas Vehicle Market Analysis for Commercial Vehicles by Fuel Type, by Vehicle Type & by Geography - Industry Trends & Forecast to 2019" report to their offering. Due to stringent emissions regulations rolled out by governments in an effort to improve air quality, public as well as transit and logistic agencies have turned to alternative fuels. In addition to the obvious environmental benefits, reduced operating costs and government incentives have spurred the increased use of alternative fuels in the transit industry. CNG and LNG are amongst the most popular and feasible alternative energy fuelled vehicles, with CNG being more popular and older than any alternative fuel. However, LNG is also witnessing an increase in adoption in heavy duty trucks and buses owing to its higher energy density which is desirable for long distance transportation. Government operated fleets for transportation is one of the early adopters of natural gas as the emissions are lower than conventionally fueled vehicles. The adoption rate among private fleets is also increasing in spite of the higher upfront costs and loss of luggage space, as the lower fuel cost helps in recovering incremental cost of the vehicle. Another important factor fueling the growth of natural gas commercial vehicles is their high mileage which plays a pivotal role in recovering their higher initial cost in comparatively less time. However, lack of a well-developed infrastructure is currently a major hindrance for the development of this market. The government is playing a major role in the development of the natural gas market by easing the competitive pressure from conventional fuels by regulating the price of fuels. This helps to achieve energy independence and lower pollution levels owing to lower emissions from natural gas. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Technological Overview 7 Total Cost of Ownership Comparison of CNG and LNG Vehicles to Diesel Vehicles 8 CNG and LNG Vehicles Market, By Fuel Type 9 CNG & LNG Vehicles Market, By Vehicle Type 10 Refuelling Infrastructure 11 Competitive Landscape 12 Company Profiles - AB Volvo - Agility Fuel Systems Inc. - Beiqi Foton Motor Co. Ltd. - Clean Air Power Ltd. - Clean Energy Fuels Corp. - CNH Industrial NV - Daimler AG - Dongfeng Motor Group Company Limited - Landi Renzo SPA - Westport Innovations Inc. For more information visit http://www.researchandmarkets.com/research/m36vtp/automotive
WPRT: 6.06 (+0.26), CNHI: 8.13 (+0.02), CLNE: 5.44 (+0.17)
Automotive Natural Gas Vehicle Market Analysis for Commercial Vehicles - Global Industry Trends & Forecast to 2019
M2 - Thu Nov 27, 4:06AM CST
Research and Markets (http://www.researchandmarkets.com/research/83gwnk/automotive) has announced the addition of the "Automotive Natural Gas Vehicle Market Analysis for Commercial Vehicles by Fuel Type, by Vehicle Type & by Geography - Industry Trends & Forecast to 2019" report to their offering. The OE CNG & LNG trucks and buses market size to reach 418,889 units by 2019 The global crude oil market is continuously witnessing a rise in cost and an irregular supply pattern due to the increasing unrest in the Middle East and Africa. The use of conventional fuels has increased the pollution levels in many countries with the air quality degrading to substantial levels in metropolitan cities. This has a substantial impact on human health leading to respiratory and skin diseases. To alleviate these effects, governments have encouraged the usage of cost-effective and environment-friendly mobility solutions. Natural gas (CNG or LNG) has lower carbon content as compared to diesel or gasoline. Usage of these gases results in a cleaner burning of fuel where in the emissions produced are also low. Also, the price of natural gas is comparatively lower and stable than diesel. This has resulted in an increase in the adoption of natural gas trucks and buses as fleet operators can save on fuel as well as reduce their carbon footprint. The natural gas trucks and buses market has seen an increase in adoption by government fleets due to the environmental benefits. Another benefit is that the usage of natural gas helps the government to reduce the direct impact of the rising crude oil price. Countries such as the U.S. and Russia can achieve energy independence as large natural gas reserves enable to domestically produce the required fuel. However, fuelling infrastructure and range anxiety still remain a major cause of concern. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Technological Overview 7 Total Cost of Ownership Comparison of CNG and LNG Vehicles to Diesel Vehicles 8 CNG and LNG Vehicles Market, By Fuel Type 9 CNG & LNG Vehicles Market, By Vehicle Type 10 Refuelling Infrastructure 11 Competitive Landscape 12 Company Profiles - AB Volvo - Agility Fuel Systems Inc. - Beiqi Foton Motor Co. Ltd. - Clean Air Power Ltd. - Clean Energy Fuels Corp. - CNH Industrial NV - Daimler AG - Dongfeng Motor Group Company Limited - Landi Renzo SPA - Westport Innovations Inc. For more information visit http://www.researchandmarkets.com/research/83gwnk/automotive
WPRT: 6.06 (+0.26), CNHI: 8.13 (+0.02), CLNE: 5.44 (+0.17)