Research and Markets (http://www.researchandmarkets.com/research/qcpscj/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/qcpscj/automotive
