Automotive Natural Gas Vehicle Market Analysis for Commercial Vehicles by Fuel Type (CNG & LNG), by Vehicle Type (Medium Duty & Heavy Duty) & by Geography [Asia-Oceania, Europe, Americas, ROW (Rest of the World)] - Industry Trends & Forecast to 2019
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.
The CNG & LNG trucks and buses market is analyzed in terms of OE sales (units) and cumulative vehicles (units) by vehicle type, by fuel type, and by region in major countries. The market segmentation has been done as seen below:
By Region:
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.
The CNG & LNG trucks and buses market is analyzed in terms of OE sales (units) and cumulative vehicles (units) by vehicle type, by fuel type, and by region in major countries. The market segmentation has been done as seen below:
By Region:
- Asia-Oceania
- Europe
- Americas
- RoW
- Medium Duty Trucks and Buses
- Heavy Duty Trucks and Buses
- CNG
- LNG
1 INTRODUCTION
1.1 Objectives of the Study
1.2 Glance At Markets Covered
1.2.1 Global CNG & LNG Trucks and Buses Market, By Geography
1.2.2 Global CNG & LNG Trucks and Buses Market, By Vehicle Type
1.2.3 Global Natural Gas Trucks and Buses Market, By Fuel Type
1.3 Market Scope
2 RESEARCH METHODOLOGY
2.1 Description of the CNG & LNG Trucks and Buses Market Demand Model
2.2 Market Size Estimation
2.3 Market Crackdown and Data Triangulation
2.4 Key Data and Assumptions
2.4.1 Key Data Taken From Secondary Sources
2.4.2 Key Data Taken From Primary Sources
2.4.3 Assumptions
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 Huge Market Potential in OE CNG & LNG Trucks and Buses Market
4.2 China Commands Over One-Third of the Market Share in OE CNG Trucks and Buses Market
4.3 CNG OE Trucks and Buses Market, By Vehicle Type (2014)
4.4 LNG OE Trucks and Buses Market, By Vehicle Type, 2014 vs. 2019
4.5 Global OE CNG & LNG Trucks and Buses Market, By Geography and Vehicle Type
4.6 Global CNG & LNG Trucks and Buses Cumulative Market Snapshot, 2014 vs. 2019
4.7 Cumulative CNG Trucks and Buses Market
4.8 CNG & LNG Trucks and Buses Market Snapshot for China and U.S. (2014 vs. 2019)
4.9 Life Cycle Analysis, By Geography
5 MARKET OVERVIEW
5.1 Introduction
5.1.1 Government Strategies in the Development of Alternative Type of Fuel, By Geography
5.1.1.1 Asia-Oceania
5.1.1.1.1 China
5.1.1.1.2 India
5.1.1.1.3 Japan
5.1.1.1.4 South Korea
5.1.1.1.5 Thailand
5.1.1.2 Europe
5.1.1.2.1 Russia
5.1.1.3 Americas
5.1.1.3.1 U.S.
5.1.1.3.2 Colombia
5.1.1.4 ROW
5.1.1.4.1 Armenia
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Energy Security
5.2.1.2 Environmental Benefits
5.2.1.3 Fuel Cost Savings
5.2.2 Restraints
5.2.2.1 Higher Initial Cost
5.2.2.2 Infrastructural Challenges
5.2.3 Opportunity
5.2.3.1 Growing Popularity of Green Transportation
5.3 Specific Industries’ Interest in Natural Gas
5.3.1 Refuse
5.3.2 Delivery, Long Haul, and Logistics
5.3.3 Transit and Busing
5.3.4 Yard Operations
5.3.5 Energy Security Issues
5.3.6 Environmental Benefits
5.4 Value Chain
5.5 Porter’s Analysis
5.5.1 Threat of New Entrants
5.5.2 Threat of Substitutes
5.5.3 Bargaining Power of Suppliers
5.5.4 Bargaining Power of Buyers
5.5.5 Intensity of Competitive Rivalry
5.6 Pest Analysis
5.6.1 Political Factors
5.6.2 Economic Factors
5.6.3 Social Factors
5.6.4 Technological Factors
6 TECHNOLOGICAL OVERVIEW
6.1 Chemical Characteristics of Natural Gas
6.1.1 CNG
6.1.2 LNG
6.1.3 Bio-Methane
6.2 Natural Gas Supply
6.2.1 Hydraulic Fracturing
6.2.2 Drilling
6.2.3 Shipping and Pipelines
6.3 CNG Storage
6.3.1 Cylinders
6.3.2 Adsorbed Natural Gas
6.4 LNG On-Vehicle Storage
7 TOTAL COST OF OWNERSHIP COMPARISON OF CNG AND LNG VEHICLES TO DIESEL VEHICLES
7.1 Introduction
7.2 Total Cost to Consumer in Five Years, By Country
7.2.1 China
7.2.2 U.S.
7.2.3 India
7.2.4 Ukraine
8 CNG AND LNG VEHICLES MARKET, BY FUEL TYPE
8.1 Introduction
8.1.1 Market By Fuel Type
8.1.1.1 Compressed Natural Gas (CNG)
8.1.1.1.1 OE Annual Sales
8.1.1.1.2 Cumulative Vehicles
8.1.1.2 Liquefied Natural Gas (LNG)
8.1.1.2.1 OE Annual Sales
8.1.1.2.2 Cumulative Vehicles
8.2 CNG Vehicle Market
8.2.1 Asia-Oceania
8.2.1.1 China
8.2.1.1.1 OE Annual Sales
8.2.1.1.2 Cumulative Vehicles
8.2.1.2 India
8.2.1.2.1 OE Annual Sales
8.2.1.2.2 Cumulative Vehicles
8.2.1.3 Japan
8.2.1.3.1 OE Annual Sales
8.2.1.3.2 Cumulative Vehicles
8.2.1.4 South Korea
8.2.1.4.1 OE Annual Sales
8.2.1.4.2 Cumulative Vehicles
8.2.1.5 Thailand
8.2.1.5.1 OE Annual Sales
8.2.1.5.2 Cumulative Vehicles
8.2.2 Europe
8.2.2.1 Russia
8.2.2.1.1 OE Annual Sales
8.2.2.1.2 Cumulative Vehicles
8.2.2.2 Ukraine
8.2.2.2.1 OE Annual Sales
8.2.2.2.2 Cumulative Vehicles
8.2.3 Americas
8.2.3.1 Colombia
8.2.3.1.1 OE Annual Sales
8.2.3.1.2 Cumulative Vehicles
8.2.3.2 U.S.
8.2.3.2.1 OE Annual Sales
8.2.3.2.2 Cumulative Vehicles
8.2.4 ROW
8.2.4.1 Armenia
8.2.4.1.1 OE Annual Sales
8.2.4.1.2 Cumulative Vehicles
8.3 LNG Vehicle Market
8.3.1 China
8.3.1.1 OE Annual Sales
8.3.1.2 Cumulative Vehicles
8.3.2 U.S.
8.3.2.1 OE Annual Sales
8.3.2.2 Cumulative Vehicles
9 CNG & LNG VEHICLES MARKET, BY VEHICLE TYPE
9.1 Introduction
9.1.1 By Vehicle Type
9.1.1.1 Medium Duty
9.1.1.1.1 Annual Sales
9.1.1.1.2 Cumulative Vehicles
9.1.1.2 Heavy Duty
9.1.1.2.1 Annual Sales
9.1.1.2.2 Cumulative Vehicles
9.2 Medium Duty Vehicles
9.2.1 Medium Duty Buses
9.2.1.1 Annual Sales
9.2.1.2 Cumulative Vehicles
9.2.1.3 Asia-Oceania: Annual Sales
9.2.1.4 Asia-Oceania: Cumulative Vehicles
9.2.1.5 Europe: Annual Sales
9.2.1.6 Europe: Cumulative Vehicles
9.2.1.7 Americas: Annual Sales
9.2.1.8 Americas: Cumulative Vehicles
9.2.2 Medium Duty Trucks
9.2.2.1 Annual Sales
9.2.2.2 Cumulative Vehicles
9.2.2.3 Asia-Oceania: Annual Sales
9.2.2.4 Asia-Oceania: Cumulative Vehicles
9.2.2.5 Europe: Annual Sales
9.2.2.6 Europe: Cumulative Vehicles
9.2.2.7 Americas: Annual Sales
9.2.2.8 Americas: Cumulative Vehicles
9.3 Heavy Duty Vehicles
9.3.1 Heavy Duty Buses
9.3.1.1 Annual Sales
9.3.1.2 Cumulative Vehicles
9.3.1.3 Asia-Oceania: Annual Sales
9.3.1.4 Asia-Oceania: Cumulative Vehicles
9.3.1.5 Europe: Annual Sales
9.3.1.6 Europe: Cumulative Vehicles
9.3.1.7 Americas: Annual Sales
9.3.1.8 Americas: Cumulative Vehicles
9.3.2 Heavy Duty Trucks
9.3.2.1 Annual Sales
9.3.2.2 Cumulative Vehicles
9.3.2.3 Asia-Oceania: Annual Sales
9.3.2.4 Asia-Oceania: Cumulative Vehicles
9.3.2.5 Europe: Annual Sales
9.3.2.6 Europe: Cumulative Vehicles
9.3.2.7 Americas: Annual Sales
9.3.2.8 Americas: Cumulative Vehicles
10 REFUELLING INFRASTRUCTURE
10.1 CNG Refueling Infrastructure, By Region
10.1.1 CNG Fuelling Stations, By Region, 2014
10.1.2 Asia-Oceania (CNG Fuelling Stations), 2014
10.1.3 Europe (CNG Fuelling Stations), 2014
10.1.4 Americas (CNG Fuelling Stations), 2014
10.1.5 ROW (CNG Fuelling Stations), 2014
10.2 LNG Refueling Infrastructure
10.2.1 LNG Refueling Infrastructure, By Region
10.2.1.1 LNG Gas Stations, By Country, 2014
10.2.1.2 Gas Grid Access and Alternatives
10.3 Competing Fuel Technology
10.3.1 Electric and Hybrid
10.3.2 Fuel Cell
10.3.3 Gasoline/Diesel
10.3.4 Propane
10.3.5 Biofuels
11 COMPETITIVE LANDSCAPE
11.1 Overview
11.2 Market Competition of Natural Gas Truck Industry, By Company
11.3 Competitive Situation and Trends
11.4 Battle for Market Share: New Product Launches Was the Key Strategy
11.5 New Product Launches
11.5.1 Agreements, Partnerships, Collaborations & Joint Ventures
11.5.2 Mergers & Acquisitions
11.5.3 Expansions
11.5.4 Supply Contracts
12 COMPANY PROFILES (COMPANY AT A GLANCE, RECENT FINANCIALS, PRODUCTS & SERVICES, STRATEGIES & INSIGHTS, & RECENT DEVELOPMENTS)
12.1 Introduction
12.2 AB Volvo
12.3 Beiqi Foton Motor Co. Ltd.
12.4 Dongfeng Motor Group Company Limited
12.5 CNH Industrial NV
12.6 Daimler AG
12.7 Westport Innovations Inc.
12.8 Clean Energy Fuels Corp.
12.9 Landi Renzo SPA
12.1 Clean Air Power Ltd.
12.11 Agility Fuel Systems Inc. (Details on Company At A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.)
1.1 Objectives of the Study
1.2 Glance At Markets Covered
1.2.1 Global CNG & LNG Trucks and Buses Market, By Geography
1.2.2 Global CNG & LNG Trucks and Buses Market, By Vehicle Type
1.2.3 Global Natural Gas Trucks and Buses Market, By Fuel Type
1.3 Market Scope
2 RESEARCH METHODOLOGY
2.1 Description of the CNG & LNG Trucks and Buses Market Demand Model
2.2 Market Size Estimation
2.3 Market Crackdown and Data Triangulation
2.4 Key Data and Assumptions
2.4.1 Key Data Taken From Secondary Sources
2.4.2 Key Data Taken From Primary Sources
2.4.3 Assumptions
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 Huge Market Potential in OE CNG & LNG Trucks and Buses Market
4.2 China Commands Over One-Third of the Market Share in OE CNG Trucks and Buses Market
4.3 CNG OE Trucks and Buses Market, By Vehicle Type (2014)
4.4 LNG OE Trucks and Buses Market, By Vehicle Type, 2014 vs. 2019
4.5 Global OE CNG & LNG Trucks and Buses Market, By Geography and Vehicle Type
4.6 Global CNG & LNG Trucks and Buses Cumulative Market Snapshot, 2014 vs. 2019
4.7 Cumulative CNG Trucks and Buses Market
4.8 CNG & LNG Trucks and Buses Market Snapshot for China and U.S. (2014 vs. 2019)
4.9 Life Cycle Analysis, By Geography
5 MARKET OVERVIEW
5.1 Introduction
5.1.1 Government Strategies in the Development of Alternative Type of Fuel, By Geography
5.1.1.1 Asia-Oceania
5.1.1.1.1 China
5.1.1.1.2 India
5.1.1.1.3 Japan
5.1.1.1.4 South Korea
5.1.1.1.5 Thailand
5.1.1.2 Europe
5.1.1.2.1 Russia
5.1.1.3 Americas
5.1.1.3.1 U.S.
5.1.1.3.2 Colombia
5.1.1.4 ROW
5.1.1.4.1 Armenia
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Energy Security
5.2.1.2 Environmental Benefits
5.2.1.3 Fuel Cost Savings
5.2.2 Restraints
5.2.2.1 Higher Initial Cost
5.2.2.2 Infrastructural Challenges
5.2.3 Opportunity
5.2.3.1 Growing Popularity of Green Transportation
5.3 Specific Industries’ Interest in Natural Gas
5.3.1 Refuse
5.3.2 Delivery, Long Haul, and Logistics
5.3.3 Transit and Busing
5.3.4 Yard Operations
5.3.5 Energy Security Issues
5.3.6 Environmental Benefits
5.4 Value Chain
5.5 Porter’s Analysis
5.5.1 Threat of New Entrants
5.5.2 Threat of Substitutes
5.5.3 Bargaining Power of Suppliers
5.5.4 Bargaining Power of Buyers
5.5.5 Intensity of Competitive Rivalry
5.6 Pest Analysis
5.6.1 Political Factors
5.6.2 Economic Factors
5.6.3 Social Factors
5.6.4 Technological Factors
6 TECHNOLOGICAL OVERVIEW
6.1 Chemical Characteristics of Natural Gas
6.1.1 CNG
6.1.2 LNG
6.1.3 Bio-Methane
6.2 Natural Gas Supply
6.2.1 Hydraulic Fracturing
6.2.2 Drilling
6.2.3 Shipping and Pipelines
6.3 CNG Storage
6.3.1 Cylinders
6.3.2 Adsorbed Natural Gas
6.4 LNG On-Vehicle Storage
7 TOTAL COST OF OWNERSHIP COMPARISON OF CNG AND LNG VEHICLES TO DIESEL VEHICLES
7.1 Introduction
7.2 Total Cost to Consumer in Five Years, By Country
7.2.1 China
7.2.2 U.S.
7.2.3 India
7.2.4 Ukraine
8 CNG AND LNG VEHICLES MARKET, BY FUEL TYPE
8.1 Introduction
8.1.1 Market By Fuel Type
8.1.1.1 Compressed Natural Gas (CNG)
8.1.1.1.1 OE Annual Sales
8.1.1.1.2 Cumulative Vehicles
8.1.1.2 Liquefied Natural Gas (LNG)
8.1.1.2.1 OE Annual Sales
8.1.1.2.2 Cumulative Vehicles
8.2 CNG Vehicle Market
8.2.1 Asia-Oceania
8.2.1.1 China
8.2.1.1.1 OE Annual Sales
8.2.1.1.2 Cumulative Vehicles
8.2.1.2 India
8.2.1.2.1 OE Annual Sales
8.2.1.2.2 Cumulative Vehicles
8.2.1.3 Japan
8.2.1.3.1 OE Annual Sales
8.2.1.3.2 Cumulative Vehicles
8.2.1.4 South Korea
8.2.1.4.1 OE Annual Sales
8.2.1.4.2 Cumulative Vehicles
8.2.1.5 Thailand
8.2.1.5.1 OE Annual Sales
8.2.1.5.2 Cumulative Vehicles
8.2.2 Europe
8.2.2.1 Russia
8.2.2.1.1 OE Annual Sales
8.2.2.1.2 Cumulative Vehicles
8.2.2.2 Ukraine
8.2.2.2.1 OE Annual Sales
8.2.2.2.2 Cumulative Vehicles
8.2.3 Americas
8.2.3.1 Colombia
8.2.3.1.1 OE Annual Sales
8.2.3.1.2 Cumulative Vehicles
8.2.3.2 U.S.
8.2.3.2.1 OE Annual Sales
8.2.3.2.2 Cumulative Vehicles
8.2.4 ROW
8.2.4.1 Armenia
8.2.4.1.1 OE Annual Sales
8.2.4.1.2 Cumulative Vehicles
8.3 LNG Vehicle Market
8.3.1 China
8.3.1.1 OE Annual Sales
8.3.1.2 Cumulative Vehicles
8.3.2 U.S.
8.3.2.1 OE Annual Sales
8.3.2.2 Cumulative Vehicles
9 CNG & LNG VEHICLES MARKET, BY VEHICLE TYPE
9.1 Introduction
9.1.1 By Vehicle Type
9.1.1.1 Medium Duty
9.1.1.1.1 Annual Sales
9.1.1.1.2 Cumulative Vehicles
9.1.1.2 Heavy Duty
9.1.1.2.1 Annual Sales
9.1.1.2.2 Cumulative Vehicles
9.2 Medium Duty Vehicles
9.2.1 Medium Duty Buses
9.2.1.1 Annual Sales
9.2.1.2 Cumulative Vehicles
9.2.1.3 Asia-Oceania: Annual Sales
9.2.1.4 Asia-Oceania: Cumulative Vehicles
9.2.1.5 Europe: Annual Sales
9.2.1.6 Europe: Cumulative Vehicles
9.2.1.7 Americas: Annual Sales
9.2.1.8 Americas: Cumulative Vehicles
9.2.2 Medium Duty Trucks
9.2.2.1 Annual Sales
9.2.2.2 Cumulative Vehicles
9.2.2.3 Asia-Oceania: Annual Sales
9.2.2.4 Asia-Oceania: Cumulative Vehicles
9.2.2.5 Europe: Annual Sales
9.2.2.6 Europe: Cumulative Vehicles
9.2.2.7 Americas: Annual Sales
9.2.2.8 Americas: Cumulative Vehicles
9.3 Heavy Duty Vehicles
9.3.1 Heavy Duty Buses
9.3.1.1 Annual Sales
9.3.1.2 Cumulative Vehicles
9.3.1.3 Asia-Oceania: Annual Sales
9.3.1.4 Asia-Oceania: Cumulative Vehicles
9.3.1.5 Europe: Annual Sales
9.3.1.6 Europe: Cumulative Vehicles
9.3.1.7 Americas: Annual Sales
9.3.1.8 Americas: Cumulative Vehicles
9.3.2 Heavy Duty Trucks
9.3.2.1 Annual Sales
9.3.2.2 Cumulative Vehicles
9.3.2.3 Asia-Oceania: Annual Sales
9.3.2.4 Asia-Oceania: Cumulative Vehicles
9.3.2.5 Europe: Annual Sales
9.3.2.6 Europe: Cumulative Vehicles
9.3.2.7 Americas: Annual Sales
9.3.2.8 Americas: Cumulative Vehicles
10 REFUELLING INFRASTRUCTURE
10.1 CNG Refueling Infrastructure, By Region
10.1.1 CNG Fuelling Stations, By Region, 2014
10.1.2 Asia-Oceania (CNG Fuelling Stations), 2014
10.1.3 Europe (CNG Fuelling Stations), 2014
10.1.4 Americas (CNG Fuelling Stations), 2014
10.1.5 ROW (CNG Fuelling Stations), 2014
10.2 LNG Refueling Infrastructure
10.2.1 LNG Refueling Infrastructure, By Region
10.2.1.1 LNG Gas Stations, By Country, 2014
10.2.1.2 Gas Grid Access and Alternatives
10.3 Competing Fuel Technology
10.3.1 Electric and Hybrid
10.3.2 Fuel Cell
10.3.3 Gasoline/Diesel
10.3.4 Propane
10.3.5 Biofuels
11 COMPETITIVE LANDSCAPE
11.1 Overview
11.2 Market Competition of Natural Gas Truck Industry, By Company
11.3 Competitive Situation and Trends
11.4 Battle for Market Share: New Product Launches Was the Key Strategy
11.5 New Product Launches
11.5.1 Agreements, Partnerships, Collaborations & Joint Ventures
11.5.2 Mergers & Acquisitions
11.5.3 Expansions
11.5.4 Supply Contracts
12 COMPANY PROFILES (COMPANY AT A GLANCE, RECENT FINANCIALS, PRODUCTS & SERVICES, STRATEGIES & INSIGHTS, & RECENT DEVELOPMENTS)
12.1 Introduction
12.2 AB Volvo
12.3 Beiqi Foton Motor Co. Ltd.
12.4 Dongfeng Motor Group Company Limited
12.5 CNH Industrial NV
12.6 Daimler AG
12.7 Westport Innovations Inc.
12.8 Clean Energy Fuels Corp.
12.9 Landi Renzo SPA
12.1 Clean Air Power Ltd.
12.11 Agility Fuel Systems Inc. (Details on Company At A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.)
LIST OF TABLES
Table 1 Vehicle Definitions
Table 2 Low Cost of Fuel is Propelling the Growth of the Market
Table 3 Higher Initial Cost is Restraining Market Growth
Table 4 Growing Popularity of Green Transportation Opening Up New Opportunities for Adoption of Natural Gas Vehicles
Table 5 Cost of Fuel, By Country, 2014
Table 6 Global OE Annual CNG Sales, By Region, 2012-2019 (Units)
Table 7 Global Cumulative CNG Vehicles, By Region, 2012-2019 (Units)
Table 8 Global OE Annual LNG Sales, By Region, 2012-2019 (Units)
Table 9 Global Cumulative LNG Vehicles, By Region, 2012-2019 (Units)
Table 10 Asia-Oceania: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 11 Asia-Oceania: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 12 China: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 13 China: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 14 India: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 15 India: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 16 Japan: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 17 Japan: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 18 South Korea: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 19 South Korea: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 20 Thailand: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 21 Thailand: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 22 Europe: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 23 Europe: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 24 Russia: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 25 Russia: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 26 Ukraine: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 27 Ukraine: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 28 Americas: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 29 Americas: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 30 Colombia: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 31 Colombia: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 32 U.S.: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 33 U.S.: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 34 Armenia: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 35 Armenia: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 36 China: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 37 China: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 38 U.S.: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 39 U.S.: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 40 Global OE Medium Duty CNG & LNG Vehicle Annual Sales, By Geography, 2012-2019 (Units)
Table 41 Global Medium Duty CNG & LNG Cumulative Vehicles, By Geography, 2012-2019 (Units)
Table 42 Global OE Heavy Duty CNG & LNG Vehicle Annual Sales, By Geography, 2012-2019 (Units)
Table 43 Global Heavy Duty CNG & LNG Cumulative Vehicles, By Geography, 2012-2019 (Units)
Table 44 Global OE Medium Duty CNG & LNG Bus Sales, By Geography, 2012-2019 (Units)
Table 45 Global Medium Duty CNG & LNG Cumulative Buses, By Geography, 2012-2019 (Units)
Table 46 Asia-Oceania: OE Medium Duty CNG & LNG Bus Sales, By Country, 2012-2019 (Units)
Table 47 Asia-Oceania: Medium Duty CNG & LNG Cumulative Buses, By Country, 2012-2019 (Units)
Table 48 Europe: OE Medium Duty CNG & LNG Bus Sales, By Country, 2012-2019 (Units)
Table 49 Europe: Medium Duty CNG & LNG Cumulative Buses, By Country, 2012-2019 (Units)
Table 50 Americas: OE Medium Duty CNG & LNG Bus Sales, By Country, 2012-2019 (Units)
Table 51 Americas: Medium Duty CNG & LNG Cumulative Buses, By Country, 2012-2019 (Units)
Table 52 Global OE Medium Duty CNG & LNG Truck Sales, By Geography, 2012-2019 (Units)
Table 53 Global Medium Duty CNG & LNG Cumulative Trucks, By Geography, 2012-2019 (Units)
Table 54 Asia-Oceania: OE Medium Duty CNG & LNG Truck Sales, By Country, 2012-2019 (Units)
Table 55 Asia-Oceania: Medium Duty CNG & LNG Cumulative Trucks, By Country, 2012-2019 (Units)
Table 56 Europe: OE Medium Duty CNG & LNG Truck Sales, By Country, 2012-2019 (Units)
Table 57 Europe: Medium Duty CNG & LNG Cumulative Trucks, By Country, 2012-2019 (Units)
Table 58 Americas: OE Medium Duty CNG & LNG Truck Sales, By Country, 2012-2019 (Units)
Table 59 Americas: Medium Duty CNG & LNG Cumulative Trucks, By Country, 2012-2019 (Units)
Table 60 Global OE Heavy Duty CNG & LNG Bus Sales, By Geography, 2012-2019 (Units)
Table 61 Global Heavy Duty CNG & LNG Cumulative Buses, By Geography, 2012-2019 (Units)
Table 62 Asia-Oceania: OE Heavy Duty CNG & LNG Bus Sales, By Country, 2012-2019 (Units)
Table 63 Asia-Oceania: Heavy Duty CNG & LNG Cumulative Buses, By Country, 2012-2019 (Units)
Table 64 Europe: OE Heavy Duty CNG & LNG Bus Sales, By Country, 2012-2019 (Units)
Table 65 Europe: Heavy Duty CNG & LNG Cumulative Buses, By Country, 2012-2019 (Units)
Table 66 Americas: OE Heavy Duty CNG & LNG Bus Sales, By Country, 2012-2019 (Units)
Table 67 Americas: Heavy Duty CNG & LNG Cumulative Buses, By Country, 2012-2019 (Units)
Table 68 Global OE Heavy Duty CNG & LNG Truck Sales, By Geography, 2012-2019 (Units)
Table 69 Global Heavy Duty CNG & LNG Cumulative Trucks, By Geography, 2012-2019 (Units)
Table 70 Asia-Oceania: OE Heavy Duty CNG & LNG Truck Sales, By Country, 2012-2019 (Units)
Table 71 Asia-Oceania: Heavy Duty CNG & LNG Cumulative Trucks, By Country, 2012-2019 (Units)
Table 72 Europe: OE Heavy Duty CNG & LNG Truck Sales, By Country, 2012-2019 (Units)
Table 73 Europe: Heavy Duty CNG & LNG Cumulative Trucks, By Country, 2012-2019 (Units)
Table 74 Americas: OE Heavy Duty CNG & LNG Truck Sales, By Country, 2012-2019 (Units)
Table 75 Americas: Heavy Duty CNG & LNG Cumulative Trucks, By Country, 2012-2019 (Units)
Table 76 New Product Launches, 2013-2014
Table 77 Agreements, Partnerships, Collaborations & Joint Ventures, 2013-2014
Table 78 Mergers & Acquisitions, 2013
Table 79 Expansions, 2012-2014
Table 80 Supply Contracts, 2012-2014
Table 1 Vehicle Definitions
Table 2 Low Cost of Fuel is Propelling the Growth of the Market
Table 3 Higher Initial Cost is Restraining Market Growth
Table 4 Growing Popularity of Green Transportation Opening Up New Opportunities for Adoption of Natural Gas Vehicles
Table 5 Cost of Fuel, By Country, 2014
Table 6 Global OE Annual CNG Sales, By Region, 2012-2019 (Units)
Table 7 Global Cumulative CNG Vehicles, By Region, 2012-2019 (Units)
Table 8 Global OE Annual LNG Sales, By Region, 2012-2019 (Units)
Table 9 Global Cumulative LNG Vehicles, By Region, 2012-2019 (Units)
Table 10 Asia-Oceania: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 11 Asia-Oceania: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 12 China: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 13 China: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 14 India: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 15 India: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 16 Japan: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 17 Japan: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 18 South Korea: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 19 South Korea: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 20 Thailand: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 21 Thailand: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 22 Europe: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 23 Europe: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 24 Russia: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 25 Russia: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 26 Ukraine: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 27 Ukraine: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 28 Americas: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 29 Americas: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 30 Colombia: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 31 Colombia: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 32 U.S.: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 33 U.S.: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 34 Armenia: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 35 Armenia: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 36 China: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 37 China: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 38 U.S.: OE Annual Sales, By Vehicle Type, 2012-2019 (Units)
Table 39 U.S.: Cumulative Vehicles, By Vehicle Type, 2012-2019 (Units)
Table 40 Global OE Medium Duty CNG & LNG Vehicle Annual Sales, By Geography, 2012-2019 (Units)
Table 41 Global Medium Duty CNG & LNG Cumulative Vehicles, By Geography, 2012-2019 (Units)
Table 42 Global OE Heavy Duty CNG & LNG Vehicle Annual Sales, By Geography, 2012-2019 (Units)
Table 43 Global Heavy Duty CNG & LNG Cumulative Vehicles, By Geography, 2012-2019 (Units)
Table 44 Global OE Medium Duty CNG & LNG Bus Sales, By Geography, 2012-2019 (Units)
Table 45 Global Medium Duty CNG & LNG Cumulative Buses, By Geography, 2012-2019 (Units)
Table 46 Asia-Oceania: OE Medium Duty CNG & LNG Bus Sales, By Country, 2012-2019 (Units)
Table 47 Asia-Oceania: Medium Duty CNG & LNG Cumulative Buses, By Country, 2012-2019 (Units)
Table 48 Europe: OE Medium Duty CNG & LNG Bus Sales, By Country, 2012-2019 (Units)
Table 49 Europe: Medium Duty CNG & LNG Cumulative Buses, By Country, 2012-2019 (Units)
Table 50 Americas: OE Medium Duty CNG & LNG Bus Sales, By Country, 2012-2019 (Units)
Table 51 Americas: Medium Duty CNG & LNG Cumulative Buses, By Country, 2012-2019 (Units)
Table 52 Global OE Medium Duty CNG & LNG Truck Sales, By Geography, 2012-2019 (Units)
Table 53 Global Medium Duty CNG & LNG Cumulative Trucks, By Geography, 2012-2019 (Units)
Table 54 Asia-Oceania: OE Medium Duty CNG & LNG Truck Sales, By Country, 2012-2019 (Units)
Table 55 Asia-Oceania: Medium Duty CNG & LNG Cumulative Trucks, By Country, 2012-2019 (Units)
Table 56 Europe: OE Medium Duty CNG & LNG Truck Sales, By Country, 2012-2019 (Units)
Table 57 Europe: Medium Duty CNG & LNG Cumulative Trucks, By Country, 2012-2019 (Units)
Table 58 Americas: OE Medium Duty CNG & LNG Truck Sales, By Country, 2012-2019 (Units)
Table 59 Americas: Medium Duty CNG & LNG Cumulative Trucks, By Country, 2012-2019 (Units)
Table 60 Global OE Heavy Duty CNG & LNG Bus Sales, By Geography, 2012-2019 (Units)
Table 61 Global Heavy Duty CNG & LNG Cumulative Buses, By Geography, 2012-2019 (Units)
Table 62 Asia-Oceania: OE Heavy Duty CNG & LNG Bus Sales, By Country, 2012-2019 (Units)
Table 63 Asia-Oceania: Heavy Duty CNG & LNG Cumulative Buses, By Country, 2012-2019 (Units)
Table 64 Europe: OE Heavy Duty CNG & LNG Bus Sales, By Country, 2012-2019 (Units)
Table 65 Europe: Heavy Duty CNG & LNG Cumulative Buses, By Country, 2012-2019 (Units)
Table 66 Americas: OE Heavy Duty CNG & LNG Bus Sales, By Country, 2012-2019 (Units)
Table 67 Americas: Heavy Duty CNG & LNG Cumulative Buses, By Country, 2012-2019 (Units)
Table 68 Global OE Heavy Duty CNG & LNG Truck Sales, By Geography, 2012-2019 (Units)
Table 69 Global Heavy Duty CNG & LNG Cumulative Trucks, By Geography, 2012-2019 (Units)
Table 70 Asia-Oceania: OE Heavy Duty CNG & LNG Truck Sales, By Country, 2012-2019 (Units)
Table 71 Asia-Oceania: Heavy Duty CNG & LNG Cumulative Trucks, By Country, 2012-2019 (Units)
Table 72 Europe: OE Heavy Duty CNG & LNG Truck Sales, By Country, 2012-2019 (Units)
Table 73 Europe: Heavy Duty CNG & LNG Cumulative Trucks, By Country, 2012-2019 (Units)
Table 74 Americas: OE Heavy Duty CNG & LNG Truck Sales, By Country, 2012-2019 (Units)
Table 75 Americas: Heavy Duty CNG & LNG Cumulative Trucks, By Country, 2012-2019 (Units)
Table 76 New Product Launches, 2013-2014
Table 77 Agreements, Partnerships, Collaborations & Joint Ventures, 2013-2014
Table 78 Mergers & Acquisitions, 2013
Table 79 Expansions, 2012-2014
Table 80 Supply Contracts, 2012-2014
Natural gas is being increasingly utilized as automotive fuel across the globe. Its application is also increasing in transportation and logistics, which is currently dominated by diesel. Growing concern for the environment, support from the government, and low cost are driving this growth.
The global OE natural gas trucks and buses market is estimated at XX units in 2014, which is projected to increase to XX units by 2019 at a CAGR of XX% between 2014 and 2019. The growth is mainly triggered by the low and stable cost of natural gas as compared to diesel, which depends on fluctuating oil prices and supply pattern. Also, natural gas results in lower emissions than diesel and hence is used to scale down pollution level, which poses a major health problem in developed as well as developing countries. However, factors, such as lack of a well-developed infrastructure and higher initial costs, are restraining the growth of this market.
The market of natural gas trucks and buses is segmented into medium duty trucks and buses and heavy duty trucks and buses along with on the basis of fuel, that is, CNG (Compressed Natural Gas) and LNG (Liquefied Natural Gas). The OE medium duty natural gas buses market is projected to witness a CAGR of XX%, with the sales volume rising from XX units in 2014 to XX units by 2018. The highest volume growth in OE sales is estimated in heavy duty natural gas buses with XX units in 2014 to XX units by 2019. This growth can be attributed to the fact that these vehicles are being integrated in transit fleets by governments as well as private operators, owing to the fuel savings and lower emissions.
In the fuel segment, the OE CNG trucks and buses market is estimated to grow from XX units in 2014 to XX units by 2019. The LNG trucks and buses market is projected to register a CAGR of XX% with the sales volume projected to reach XX units by 2019. The market for LNG is mainly concentrated in China with a market share of XX% owing to the preference of LNG over CNG in heavy duty trucks and buses as it offers better range for long haul.
Asia-Oceania (comprising of China, India, Japan, South Korea, and Thailand) has the largest share of the global OE CNG trucks and buses market. This can be attributed to the low cost of fuel and government measures to reduce pollution in densely populated regions, such as India and China. In the next five years, this market is estimated to register a CAGR of XX%. The highest growth is in the Americas (consisting of U.S. and Colombia) region with the OE sales of CNG trucks and buses rising from XX units in 2014 to XX units in 2019, at a CAGR of XX%, as the refueling infrastructure is witnessing a rapid growth and fleet operators are looking for a cheaper alternative fuel. The U.S. government is promoting use of CNG as it can be produced domestically using cost effective techniques.
Apart from OE sales, the cumulative natural gas trucks and buses market is estimated to grow from XX units in 2014 to XX units by 2019 as more vehicles are being converted from diesel to natural gas due to its benefits.
