Global Light and Heavy-duty Natural Gas Vehicle Market Research Report 2020

Natural gas can be used in all classes of vehicles – motorcycles, cars, vans, light and heavy duty trucks, buses, lift trucks, locomotives. Marine applications are increasing with applications such as tug boats, ferries, barges and ships using CNG and LNG. Natural gas powered aircraft are also being trialed.
A natural gas vehicle (NGV) is an alternative fuel vehicle that uses compressed natural gas (CNG) or liquefied natural gas (LNG). In a natural gas powered vehicle, energy is released by combustion of essentially Methane gas (CH4) fuel with Oxygen (O2) from the air to CO2 and water vapor (H2O) in an internal combustion engine. Methane is the cleanest burning hydrocarbon and many contaminants present in natural gas are removed at source.

Market Analysis and Insights: Global Light and Heavy-duty Natural Gas Vehicle Market
The global Light and Heavy-duty Natural Gas Vehicle market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.
This report focuses on Light and Heavy-duty Natural Gas Vehicle volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Light and Heavy-duty Natural Gas Vehicle market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.

Global Light and Heavy-duty Natural Gas Vehicle Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Light-duty NGV
Heavy-duty NGV

Segment by Application
Public Transportation
Logistics

Global Light and Heavy-duty Natural Gas Vehicle Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Light and Heavy-duty Natural Gas Vehicle market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.

Global Light and Heavy-duty Natural Gas Vehicle Market:

Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include CNH Industrial, Daimler Trucks, General Motors, MAN Truck & Bus, Volvo Trucks, Beiqi Foton Motor, BRC Gas Equipment, Cummins Westport, Dongfeng Motor, Fiat Chrysler Automobiles, Ford Motor, Gaz, Honda, Impco Technologies, Isuzu Motors, Kamaz, Landi Renzo, Navistar, Renault, Volkswagen, etc.