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Global Compressed Natural Gas (CNG) Vehicle Market 2010-2014

VIEWS: 22 PAGES: 29

TechNavio’s analysts forecast the Global Compressed Natural Gas (CNG) Vehicle market to grow at a CAGR of 7.7 percent over the period of 2010–2014. One of the key factors contributing to this market growth is the introduction of tax incentives across the world. The CNG Vehicle market has also been witnessing development in terms of infrastructure. However, the high cost of CNG vehicles could pose a challenge to the growth of this market. Key vendors dominating this market space include Fiat SpA, Ford Motor Co., Suzuki Motor Corp., and Volkswagen. TechNavio’s Global Compressed Natural Gas Vehicle Market 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the Americas, the EMEA, and the APAC regions; it also covers the growth prospects of the Global CNG Vehicle market. Key questions answered in this report: What will the market size be in 2014 and at what rate will it grow? What key trends is this market subject to? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the opportunities and threats faced by each of these key vendors? What are the strengths and weaknesses of each of these key vendors?

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									            Global Compressed Natural Gas Vehicle
2010-2014                 Market




                                   technavio insights
            Global Compressed Natural Gas Vehicle
2010-2014                 Market




            CONTENTS


            01. Executive Summary ..............................................1

            02. Introduction ...........................................................2

            03. Market Landscape ................................................4

            04. Vendor Landscape ...............................................7

            05. Buying Criteria .......................................................9
            06. Market Growth Drivers ........................................10

            07. Drivers and their Impact .....................................12

            08. Market Challenges .............................................13

            09. Market Trends ......................................................15
            10. Key Vendor Analysis ...........................................17
            10.1 Fiat SpA ................................................................................. 17

            10.2 Ford Motor Co. .................................................................... 19

            10.3 Suzuki Motor Corp. .............................................................. 21

            10.4 Volkswagen.......................................................................... 23

            11. Other Reports in this Series .................................25



2010-2014                                  Global Compressed Natural Gas Vehicle Market
            Global Compressed Natural Gas Vehicle
2010-2014                 Market




            EXHIBITS

            Exhibit 1: Global      Compressed          Natural       Gas     Vehicle
                       Market 2010–2014 (million units) .........................................4

            Exhibit 2: Global      Compressed          Natural       Gas     Vehicle
                       Market by Geographical Segmentation 2010 .................5

            Exhibit 3: Share      of    Key      Vendors        in    the     Global
                       Compressed Natural Gas Vehicle Market 2010 ...............8




2010-2014                           Global Compressed Natural Gas Vehicle Market
Global Compressed Natural Gas Vehicle Market
                                                                                                     1

      01. Executive Summary
                             This report covers the growth of the Global Compressed Natural
                              Gas (CNG) Vehicle market
        Market Scope
                             The report also covers key vendors that manufacture cars to run
                              on CNG

                             2010: 12.6 million units
        Market Size
                             2014: 17.1 million units

        Growth Rate          7.7 percent

                             APAC
        Key Geographies      Americas
                             EMEA

                             Government Organizations
        Key Customer
                             Private Organizations
        Segments
                             End-consumers

                             Emergence of Infrastructure Companies
                             Increase in CNG Prices
        Trends
                             Shortage of CNG Supply in the APAC Market
                             Increase in Bi-fuel Vehicles

                             Introduction of Tax Incentives
                             Increased CNG Fleets in the Corporate and Government
        Drivers               Sectors
                             Rising Oil and Gas Prices
                             Stringent Emission Requirements

                             Lack of Awareness among Consumers
                             High Cost of CNG Vehicles
        Challenges
                             Lack of Proper Infrastructure
                             Competition from Other Alternative Fuels

                             Fiat SpA
                             Ford Motor Co.
        Key Vendors
                             Suzuki Motor Corp.
                             Volkswagen




2010-2014                                                 Global Compressed Natural Gas Vehicle Market
Global Compressed Natural Gas Vehicle Market
                                                                                                           2

      02. Introduction
      Compressed natural gas (CNG) is another form of fossil fuel that can be substituted in place of
      gasoline (petroleum, diesel, and liquefied petroleum gas (LPG) for vehicles. Natural gas is an
      organic compound which is found deep within the earth and mainly consists of methane.
      Natural gas is compressed and made to enter vehicles through a gas dispenser. Compressed
      natural gas flows through high-pressure cylinders and enters the engine compartment of a
      vehicle, which in turn helps the vehicle to start functioning.
								
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