World CNG & LPG Vehicle Market Report 2014-2022 - Analysis, Technologies & Forecasts - Research and Markets
Research and Markets has announced the addition of the "World
CNG and LPG Vehicle Market - Opportunities and Forecasts, 2014 - 2022"
report to their offering.
The worldwide demand for CNG and LPG vehicles is skyrocketing owing to
their economical nature and high efficiency as compared to traditional
fuels, such as gasoline and diesel. Due to the availability of the dual
fuel option, these vehicles present an attractive option vis-à-vis
reduction in running costs and elimination of range-related concerns.
The State and federal governments of the U.S.A are enacting laws and
providing incentives to help build and sustain a market for natural gas
fuel and vehicles.
The initial cost of purchasing a natural gas vehicle is more than that
of a gasoline vehicle; however, this cost is expected to reduce in the
forecast period due to the increasing number of natural gas vehicle
manufacturers.
The key players in the market are Fiat S.P.A, Ford Motor Company,
Volkswagen, General Motors, Honda Motor Co. Ltd., Hyundai Motor Group
and Suzuki Motor Corporation. Volkswagen is strengthening its clean
diesel engine campaign for TDI (Turbo Direct Injection) technology to
gain traction in the European market. The global CNG and LPG vehicle
market is segmented on the basis of vehicle type, fuel and geography.
Key Topics Covered:
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The report provides an in-depth analysis of the global CNG and LPG
vehicle market, including information about the current market
situation, changing market dynamics, expected trends and market
intelligence
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The factors which drive and impede the growth of the global CNG and
LPG vehicle market are comprehensively analyzed in this study.
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Porter's Five Force model and SWOT analysis of the industry
illustrates the potency of buyers and sellers operating in the market
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The report contains a comprehensive study of the key strategies
adopted by companies to gain traction in the market
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Micro level analysis is conducted based on vehicle type, fuel type and
geographies
For more information visit http://www.researchandmarkets.com/research/5rlkdl/world_cng_and_lpg
View source version on businesswire.com: http://www.businesswire.com/news/home/20160720005644/en/
Copyright Business Wire 2016
Source: Business Wire
(July 20, 2016 - 7:54 AM EDT)
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