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Thursday, 12 January 2017
Global Light and Heavy duty Natural Gas Vehicle Market Forecasts 2017-2021
Report : Global Light and Heavy duty Natural Gas Vehicle Market 2017-2021is a new market research publication announced by Reportstack.
Report Outline: Natural gas vehicles (NGV) are alternative fuel vehicles that use natural gas in place of diesel or gasoline as fuel for combustion. Natural gas is used in two forms in automobiles: compressed natural gas (CNG) and liquefied natural gas (LNG). LNG is stored as a supercooled liquid and is used for combustion. A temperature range between -184 degrees Fahrenheit and -274 degrees Fahrenheit is maintained for the storage of LNG. The advantage of using LNG is that it has a high calorific value that is comparable to that of gasoline. However, it needs high investment in infrastructure to maintain the temperature of the cryogenic liquid. CNG is stored in a gaseous form and an odorant is added to it to detect leakage. Normally, it is stored in high-pressure tanks with a pressure range of 20 to 25 MPa.
Market Growth: The global light and heavy duty natural gas vehicle market to grow at a CAGR of 5.65% during the period 2017-2021.
Key vendors • CNH Industrial • Daimler Trucks • General Motors • MAN Truck & Bus • Volvo Trucks
Other prominent vendors • 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
• Americas • APAC • EMEA
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.