December 18, 2015 - 7:20 AM EST
Print Email Article Font Down Font Up
Research and Markets: Executive Impact Analysis of Shale Gas on Global MD-HD Truck Market - Lower Price is the Key Factor Driving Adoption of Natural Gas in the Automotive Sector

Research and Markets ( has announced the addition of the "Executive Impact Analysis of Shale Gas on Global MD-HD Truck Market" report to their offering.

The study provides an executive impact analysis of shale gas in global medium-heavy duty truck market. Boom in shale gas production in North America has altered the role of fossil fuels, with natural gas emerging as the favored alternative to crude-oil. Lower price is the key factor driving adoption of natural gas in the automotive sector, and factors such as perceived lower emission footprint and increased availability of natural gas further complement adoption. Legislative support across key commercial vehicle markets of China, North America, and the European Union is further spurring NG adoption in the fuel-intensive medium-heavy duty truck market. The base year of the study is 2014, with forecasts running up to 2022.

Natural gas (NG) powertrain is forecasted to be the fastest growing alternate powertrain, with a CAGR of % globally. OEMs are expected to gain market share in MD-HD NG trucks powertrain product portfolio.

NA and China are the most crucial NG powertrain markets with % and % NGV penetration respectively by 2022 in the MD-HD trucks market. By 2022, OEMs are expected to increase the number of MD-HD NG truck models in NA, China, and EU by - % over 2014 model lineup.

Long-haul fleet segment is poised to rapidly adopt NGVs with legislative support favoring NG adoption such as the US National Natural Gas Truck Competitiveness Act and the EU Blue Corridor. OEMs are expected to focus NG product and marketing strategy on this segment.

Key Topics Covered:

1. Executive Summary

2. Research Scope, Objectives, Background, and Methodology

3. Shale Gas Global Overview

4. Impact on Global MD-HD Truck Market

5. MD-HD Truck Powertrain Technology Forecast - Global

6. Conclusions and Future Outlook

7. Appendix

Companies Mentioned

  • Ashok Leyland
  • Clean Air Power
  • Cummins
  • Daimler
  • Dongfeng
  • FAW
  • Foton
  • Iveco
  • Kamaz Motors
  • Navistar
  • Paccar
  • Scania
  • Shaanxi
  • Shangai Diesel Engine
  • Tata
  • The Hardstaff Group
  • Volvo
  • Westport
  • Yuchai Power

For more information visit

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Sector: Gas, Commercial Vehicles

Source: Business Wire (December 18, 2015 - 7:20 AM EST)

News by QuoteMedia

Legal Notice