Natural Gas Vehicles (NGVs) market worldwide is projected to grow by US$16.7 Million

New York, May 20, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Natural Gas Vehicles (NGVs) Industry" - https://www.reportlinker.com/p05895890/?utm_source=GNW
Poised to reach over US$38.4 Million by the year 2025, Light Duty Vehicles will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 6.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over  US$581.2 Thousand to the region’s size and clout in the next 5 to 6 years.  Over US$499.5 Thousand worth of projected demand in the region will come from Rest of Europe markets. In Japan, Light Duty Vehicles will reach a market size of US$2.1 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 11.2% over the next couple of years and add approximately US$4.7 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.


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NATURAL GAS VEHICLES (NGVS) MCP-1
MARKET ANALYSIS, TRENDS, AND FORECASTS, MAY 2
CONTENTS

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Difficult to Reduce Carbon Footprint of the Automotive Industry Shifts Focus to Cleaner Technologies Recent Market Activity Growing Stringency of Vehicular Emission Norms Throws the Focus Squarely on NGVs Emissions Regulations Landscape in Major Country/Region Cost Benefits, Environmental Motives and Government Incentives Catalyze Adoption Rates in the Market Enhanced Tax Sops to Fuel Growth and Encourage Infrastructure Development CV Fleet Owners Adopt NGVs to Meet Corporate Carbon Footprint Goals & Achieve Higher Fuel Economy Soft Oil Prices & the Resulting Narrowing of Cost Differentials Step Up the Competition Posed by Conventional Automobiles Why Global Oil Prices Have Fallen? What Does it Mean for the NGV Market? Natural Gas Production & Pricing Scenario: A Review Led by the U.S, Natural Gas Production Continues to Rise Unlike Stable Prices in the U.S. & Europe, Prices in Asia Turn Volatile Market Outlook Global Competitor Market Shares Natural Gas Vehicles (NGVs) Competitor Market Share Scenario Worldwide (in %): 2018 & 2029 Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
NGV OEMs AB Volvo (Sweden) Alexander Dennis Limited (Scotland) Autocar, LLC (USA) Daimler AG (Germany) Ford Motor Company (USA) General Motors Company (USA) GILLIG, LLC (USA) Isuzu Motors Ltd. (Japan) Iveco Bus (France) MAN SE (Germany) Maruti Suzuki India Limited (India) Volkswagen AG (Germany) Natural Gas Vehicles Component Manufacturers Agility Fuel Systems (USA) Altech-Eco Corp. (USA) Clean Air Power Limited (UK) Cummins, Inc. (USA) Quantum Fuel Systems LLC (USA) Venchurs Vehicle Systems (USA) Westport Fuel Systems Inc. (USA) Westport Innovations (Canada) Worthington Industries (USA)
3. MARKET TRENDS & DRIVERS
EVs Cast a Long Shadow of Threat Across the NGV Market Developing Markets Led by Asia-Pacific to Power Future Growth in the Market Developed Markets Lay Low Emerging Markets Use NGVs as a "Bridge" To a Cleaner Future Initiatives Undertaken for the Development of Fueling Infrastructure Spurs NGV Penetration NGV Methane Emissions & Methane Emissions from the Natural Gas Supply Chain Threaten to Erode Climatic Benefit Rise of Bio-CNG Vehicles to Counter the Methane Emission Threat to Benefit NGVs Adsorbent Natural Gas Vehicle Technology Promises Higher Density Fuel Storage and Easier Refueling for Light Duty Vehicles Logistics & Public Transportation: The Largest Markets for NGVs Expected Recovery in Global Trade Brightens the Outlook for NGVs in the Logistics Industry Cost Pressures in the Logistics Industry Spurs Market Opportunities for Natural Gas as a Cost Effective Alternate Fuel Development of Cross Continent and Cross Country Highway Network Bodes Well for NGVs in Road Freight Transportation Natural Gas-Powered Bus Rapid Transit Services Ensure Mobility with Reduced Emissions Retrofitted CNG Vehicles Expand Market Opportunities in the Aftermarket Luxury Vehicles Adopt CNG to Meet Stringent EU CO2 Reduction Targets
4. GLOBAL MARKET PERSPECTIVE
Table 1: Natural Gas Vehicles (NGVs) Global Market Estimates and Forecasts in US$ by Region/Country: 2020-2027 Table 2: Natural Gas Vehicles (NGVs) Global Retrospective Market Scenario in US$ by Region/Country: 2012-2019 Table 3: Natural Gas Vehicles (NGVs) Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027 Table 4: Light Duty Vehicles (Vehicle Type) World Market by Region/Country in US$: 2020 to 2027 Table 5: Light Duty Vehicles (Vehicle Type) Historic Market Analysis by Region/Country in US$: 2012 to 2019 Table 6: Light Duty Vehicles (Vehicle Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027 Table 7: Medium & Heavy Duty Trucks (Vehicle Type) Potential Growth Markets Worldwide in US$: 2020 to 2027 Table 8: Medium & Heavy Duty Trucks (Vehicle Type) Historic Market Perspective by Region/Country in US$: 2012 to 2019 Table 9: Medium & Heavy Duty Trucks (Vehicle Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027 Table 10: Medium & Heavy Duty Buses (Vehicle Type) Geographic Market Spread Worldwide in US$: 2020 to 2027 Table 11: Medium & Heavy Duty Buses (Vehicle Type) Region Wise Breakdown of Global Historic Demand in US$: 2012 to 2019 Table 12: Medium & Heavy Duty Buses (Vehicle Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Natural Gas Vehicles (NGVs) Market Share (in %) by Company: 2018 & 2025 Market Analytics Table 13: United States Natural Gas Vehicles (NGVs) Market Estimates and Projections in US$ by Vehicle Type: 2020 to 2027 Table 14: Natural Gas Vehicles (NGVs) Market in the United States by Vehicle Type: A Historic Review in US$ for 2012-2019 Table 15: United States Natural Gas Vehicles (NGVs) Market Share Breakdown by Vehicle Type: 2012 VS 2020 VS 2027 CANADA Table 16: Canadian Natural Gas Vehicles (NGVs) Market Estimates and Forecasts in US$ by Vehicle Type: 2020 to 2027 Table 17: Canadian Natural Gas Vehicles (NGVs) Historic Market Review by Vehicle Type in US$: 2012-2019 Table 18: Natural Gas Vehicles (NGVs) Market in Canada: Percentage Share Breakdown of Sales by Vehicle Type for 2012, 2020, and 2027 JAPAN Table 19: Japanese Market for Natural Gas Vehicles (NGVs): Annual Sales Estimates and Projections in US$ by Vehicle Type for the Period 2020-2027 Table 20: Natural Gas Vehicles (NGVs) Market in Japan: Historic Sales Analysis in US$ by Vehicle Type for the Period 2012-2019 Table 21: Japanese Natural Gas Vehicles (NGVs) Market Share Analysis by Vehicle Type: 2012 VS 2020 VS 2027 CHINA Table 22: Chinese Natural Gas Vehicles (NGVs) Market Growth Prospects in US$ by Vehicle Type for the Period 2020-2027 Table 23: Natural Gas Vehicles (NGVs) Historic Market Analysis in China in US$ by Vehicle Type: 2012-2019 Table 24: Chinese Natural Gas Vehicles (NGVs) Market by Vehicle Type: Percentage Breakdown of Sales for 2012, 2020, and 2027 EUROPE Market Facts & Figures European Natural Gas Vehicles (NGVs) Market: Competitor Market Share Scenario (in %) for 2018 & 2025 Market Analytics Table 25: European Natural Gas Vehicles (NGVs) Market Demand Scenario in US$ by Region/Country: 2020-2027 Table 26: Natural Gas Vehicles (NGVs) Market in Europe: A Historic Market Perspective in US$ by Region/Country for the Period 2012-2019 Table 27: European Natural Gas Vehicles (NGVs) Market Share Shift by Region/Country: 2012 VS 2020 VS 2027 Table 28: European Natural Gas Vehicles (NGVs) Market Estimates and Forecasts in US$ by Vehicle Type: 2020-2027 Table 29: Natural Gas Vehicles (NGVs) Market in Europe in US$ by Vehicle Type: A Historic Review for the Period 2012-2019 Table 30: European Natural Gas Vehicles (NGVs) Market Share Breakdown by Vehicle Type: 2012 VS 2020 VS 2027 FRANCE Table 31: Natural Gas Vehicles (NGVs) Market in France by Vehicle Type: Estimates and Projections in US$ for the Period 2020-2027 Table 32: French Natural Gas Vehicles (NGVs) Historic Market Scenario in US$ by Vehicle Type: 2012-2019 Table 33: French Natural Gas Vehicles (NGVs) Market Share Analysis by Vehicle Type: 2012 VS 2020 VS 2027 GERMANY Table 34: Natural Gas Vehicles (NGVs) Market in Germany: Recent Past, Current and Future Analysis in US$ by Vehicle Type for the Period 2020-2027 Table 35: German Natural Gas Vehicles (NGVs) Historic Market Analysis in US$ by Vehicle Type: 2012-2019 Table 36: German Natural Gas Vehicles (NGVs) Market Share Breakdown by Vehicle Type: 2012 VS 2020 VS 2027 ITALY Table 37: Italian Natural Gas Vehicles (NGVs) Market Growth Prospects in US$ by Vehicle Type for the Period 2020-2027 Table 38: Natural Gas Vehicles (NGVs) Historic Market Analysis in Italy in US$ by Vehicle Type: 2012-2019 Table 39: Italian Natural Gas Vehicles (NGVs) Market by Vehicle Type: Percentage Breakdown of Sales for 2012, 2020, and 2027 UNITED KINGDOM Table 40: United Kingdom Market for Natural Gas Vehicles (NGVs): Annual Sales Estimates and Projections in US$ by Vehicle Type for the Period 2020-2027 Table 41: Natural Gas Vehicles (NGVs) Market in the United Kingdom: Historic Sales Analysis in US$ by Vehicle Type for the Period 2012-2019 Table 42: United Kingdom Natural Gas Vehicles (NGVs) Market Share Analysis by Vehicle Type: 2012 VS 2020 VS 2027 SPAIN Table 43: Spanish Natural Gas Vehicles (NGVs) Market Estimates and Forecasts in US$ by Vehicle Type: 2020 to 2027 Table 44: Spanish Natural Gas Vehicles (NGVs) Historic Market Review by Vehicle Type in US$: 2012-2019 Table 45: Natural Gas Vehicles (NGVs) Market in Spain: Percentage Share Breakdown of Sales by Vehicle Type for 2012, 2020, and 2027 RUSSIA Table 46: Russian Natural Gas Vehicles (NGVs) Market Estimates and Projections in US$ by Vehicle Type: 2020 to 2027 Table 47: Natural Gas Vehicles (NGVs) Market in Russia by Vehicle Type: A Historic Review in US$ for 2012-2019 Table 48: Russian Natural Gas Vehicles (NGVs) Market Share Breakdown by Vehicle Type: 2012 VS 2020 VS 2027 REST OF EUROPE Table 49: Rest of Europe Natural Gas Vehicles (NGVs) Market Estimates and Forecasts in US$ by Vehicle Type: 2020-2027 Table 50: Natural Gas Vehicles (NGVs) Market in Rest of Europe in US$ by Vehicle Type: A Historic Review for the Period 2012-2019 Table 51: Rest of Europe Natural Gas Vehicles (NGVs) Market Share Breakdown by Vehicle Type: 2012 VS 2020 VS 2027 ASIA-PACIFIC Table 52: Asia-Pacific Natural Gas Vehicles (NGVs) Market Estimates and Forecasts in US$ by Region/Country: 2020-2027 Table 53: Natural Gas Vehicles (NGVs) Market in Asia-Pacific: Historic Market Analysis in US$ by Region/Country for the Period 2012-2019 Table 54: Asia-Pacific Natural Gas Vehicles (NGVs) Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027 Table 55: Natural Gas Vehicles (NGVs) Market in Asia-Pacific by Vehicle Type: Estimates and Projections in US$ for the Period 2020-2027 Table 56: Asia-Pacific Natural Gas Vehicles (NGVs) Historic Market Scenario in US$ by Vehicle Type: 2012-2019 Table 57: Asia-Pacific Natural Gas Vehicles (NGVs) Market Share Analysis by Vehicle Type: 2012 VS 2020 VS 2027 AUSTRALIA Table 58: Natural Gas Vehicles (NGVs) Market in Australia: Recent Past, Current and Future Analysis in US$ by Vehicle Type for the Period 2020-2027 Table 59: Australian Natural Gas Vehicles (NGVs) Historic Market Analysis in US$ by Vehicle Type: 2012-2019 Table 60: Australian Natural Gas Vehicles (NGVs) Market Share Breakdown by Vehicle Type: 2012 VS 2020 VS 2027 INDIA Table 61: Indian Natural Gas Vehicles (NGVs) Market Estimates and Forecasts in US$ by Vehicle Type: 2020 to 2027 Table 62: Indian Natural Gas Vehicles (NGVs) Historic Market Review by Vehicle Type in US$: 2012-2019 Table 63: Natural Gas Vehicles (NGVs) Market in India: Percentage Share Breakdown of Sales by Vehicle Type for 2012, 2020, and 2027 SOUTH KOREA Table 64: Natural Gas Vehicles (NGVs) Market in South Korea: Recent Past, Current and Future Analysis in US$ by Vehicle Type for the Period 2020-2027 Table 65: South Korean Natural Gas Vehicles (NGVs) Historic Market Analysis in US$ by Vehicle Type: 2012-2019 Table 66: Natural Gas Vehicles (NGVs) Market Share Distribution in South Korea by Vehicle Type: 2012 VS 2020 VS 2027 REST OF ASIA-PACIFIC Table 67: Rest of Asia-Pacific Market for Natural Gas Vehicles (NGVs): Annual Sales Estimates and Projections in US$ by Vehicle Type for the Period 2020-2027 Table 68: Natural Gas Vehicles (NGVs) Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ by Vehicle Type for the Period 2012-2019 Table 69: Rest of Asia-Pacific Natural Gas Vehicles (NGVs) Market Share Analysis by Vehicle Type: 2012 VS 2020 VS 2027 LATIN AMERICA Table 70: Latin American Natural Gas Vehicles (NGVs) Market Trends by Region/Country in US$: 2020-2027 Table 71: Natural Gas Vehicles (NGVs) Market in Latin America in US$ by Region/Country: A Historic Perspective for the Period 2012-2019 Table 72: Latin American Natural Gas Vehicles (NGVs) Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027 Table 73: Latin American Natural Gas Vehicles (NGVs) Market Growth Prospects in US$ by Vehicle Type for the Period 2020-2027 Table 74: Natural Gas Vehicles (NGVs) Historic Market Analysis in Latin America in US$ by Vehicle Type: 2012-2019 Table 75: Latin American Natural Gas Vehicles (NGVs) Market by Vehicle Type: Percentage Breakdown of Sales for 2012, 2020, and 2027 ARGENTINA Table 76: Argentinean Natural Gas Vehicles (NGVs) Market Estimates and Forecasts in US$ by Vehicle Type: 2020-2027 Table 77: Natural Gas Vehicles (NGVs) Market in Argentina in US$ by Vehicle Type: A Historic Review for the Period 2012-2019 Table 78: Argentinean Natural Gas Vehicles (NGVs) Market Share Breakdown by Vehicle Type: 2012 VS 2020 VS 2027 BRAZIL Table 79: Natural Gas Vehicles (NGVs) Market in Brazil by Vehicle Type: Estimates and Projections in US$ for the Period 2020-2027 Table 80: Brazilian Natural Gas Vehicles (NGVs) Historic Market Scenario in US$ by Vehicle Type: 2012-2019 Table 81: Brazilian Natural Gas Vehicles (NGVs) Market Share Analysis by Vehicle Type: 2012 VS 2020 VS 2027 MEXICO Table 82: Natural Gas Vehicles (NGVs) Market in Mexico: Recent Past, Current and Future Analysis in US$ by Vehicle Type for the Period 2020-2027 Table 83: Mexican Natural Gas Vehicles (NGVs) Historic Market Analysis in US$ by Vehicle Type: 2012-2019 Table 84: Mexican Natural Gas Vehicles (NGVs) Market Share Breakdown by Vehicle Type: 2012 VS 2020 VS 2027 REST OF LATIN AMERICA Table 85: Rest of Latin America Natural Gas Vehicles (NGVs) Market Estimates and Projections in US$ by Vehicle Type: 2
to 2027 Table 86: Natural Gas Vehicles (NGVs) Market in Rest of Latin America by Vehicle Type: A Historic Review in US$ for 2012-2019 Table 87: Rest of Latin America Natural Gas Vehicles (NGVs) Market Share Breakdown by Vehicle Type: 2012 VS 2020 VS 2027 MIDDLE EAST Table 88: The Middle East Natural Gas Vehicles (NGVs) Market Estimates and Forecasts in US$ by Region/Country: 2020-2027 Table 89: Natural Gas Vehicles (NGVs) Market in the Middle East by Region/Country in US$: 2012-2019 Table 90: The Middle East Natural Gas Vehicles (NGVs) Market Share Breakdown by Region/Country: 2012, 2020, and 2027 Table 91: The Middle East Natural Gas Vehicles (NGVs) Market Estimates and Forecasts in US$ by Vehicle Type: 2020 to 2027 Table 92: The Middle East Natural Gas Vehicles (NGVs) Historic Market by Vehicle Type in US$: 2012-2019 Table 93: Natural Gas Vehicles (NGVs) Market in the Middle East: Percentage Share Breakdown of Sales by Vehicle Type for 2012,2020, and 2027 IRAN Table 94: Iranian Market for Natural Gas Vehicles (NGVs): Annual Sales Estimates and Projections in US$ by Vehicle Type for the Period 2020-2027 Table 95: Natural Gas Vehicles (NGVs) Market in Iran: Historic Sales Analysis in US$ by Vehicle Type for the Period 2012-2019 Table 96: Iranian Natural Gas Vehicles (NGVs) Market Share Analysis by Vehicle Type: 2012 VS 2020 VS 2027 ISRAEL Table 97: Israeli Natural Gas Vehicles (NGVs) Market Estimates and Forecasts in US$ by Vehicle Type: 2020-2027 Table 98: Natural Gas Vehicles (NGVs) Market in Israel in US$ by Vehicle Type: A Historic Review for the Period 2012-2019 Table 99: Israeli Natural Gas Vehicles (NGVs) Market Share Breakdown by Vehicle Type: 2012 VS 2020 VS 2027 SAUDI ARABIA Table 100: Saudi Arabian Natural Gas Vehicles (NGVs) Market Growth Prospects in US$ by Vehicle Type for the Period 2020-2027 Table 101: Natural Gas Vehicles (NGVs) Historic Market Analysis in Saudi Arabia in US$ by Vehicle Type: 2012-2019 Table 102: Saudi Arabian Natural Gas Vehicles (NGVs) Market by Vehicle Type: Percentage Breakdown of Sales for 2012, 2020, and 2027 UNITED ARAB EMIRATES Table 103: Natural Gas Vehicles (NGVs) Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ by Vehicle Type for the Period 2020-2027 Table 104: United Arab Emirates Natural Gas Vehicles (NGVs) Historic Market Analysis in US$ by Vehicle Type: 2012-2019 Table 105: Natural Gas Vehicles (NGVs) Market Share Distribution in United Arab Emirates by Vehicle Type: 2012 VS 2020 VS 2027 REST OF MIDDLE EAST Table 106: Natural Gas Vehicles (NGVs) Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ by Vehicle Type for the Period 2020-2027 Table 107: Rest of Middle East Natural Gas Vehicles (NGVs) Historic Market Analysis in US$ by Vehicle Type: 2012-2019 Table 108: Rest of Middle East Natural Gas Vehicles (NGVs) Market Share Breakdown by Vehicle Type: 2012 VS 2020 VS 2027 AFRICA Table 109: African Natural Gas Vehicles (NGVs) Market Estimates and Projections in US$ by Vehicle Type: 2020 to 2027 Table 110: Natural Gas Vehicles (NGVs) Market in Africa by Vehicle Type: A Historic Review in US$ for 2012-2019 Table 111: African Natural Gas Vehicles (NGVs) Market Share Breakdown by Vehicle Type: 2012 VS 2020 VS 2027
IV. COMPETITION

Total Companies Profiled: 46
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