Compressed Natural Gas Vehicles Market (Updated Version Available)

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.
China automotive compressed natural gas vehicles industry is concentrated and the top three manufacturers control over 40% of the market share in 2015. Faw-Volkswagen, DPCA and Beijing Hyundai are the leaders in the global compressed natural gas vehicles market. And most top players are joint ventures that have more advanced technology and more funds.
South Central China is the largest plants of CNG vehicles in China with the market share of over 24% in 2015, followed by Northeast and East China, whose market share are 16.98% and 17.12%, respectively. As for the demand, Shandong and Xinjiang are the leading markets.

The report offers detailed coverage of Compressed Natural Gas Vehicles industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Compressed Natural Gas Vehicles by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Compressed Natural Gas Vehicles market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Compressed Natural Gas Vehicles market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Faw-Volkswagen
DPCA
Beijing Hyundai
Saic-Volkswagen
DYK
Changan-Suzuki
Cherry
BYD
Lifan
Yutong
JAC
Shudu Bus
Zhongtong Bus
King Long
SG Automotive Group
Asiastar
Yangtse
Foton
Brilliance Auto
Haima
Shaolin Bus
Geely
Changan

At the same time, we classify Compressed Natural Gas Vehicles according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Passenger Car
Bus
Truck
Market by Application
Operating Vehicle
Family Car

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Compressed Natural Gas Vehicles market for the forecast period 2021 - 2025?
• What are the driving forces in the Compressed Natural Gas Vehicles market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Compressed Natural Gas Vehicles industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?