Market Outlook : Compressed Natural Gas (CNG) Vehicles Market Globally Grow at a CAGR of 4.9% by Revenue During the Period 2018-2021

ResearchMoz presents professional and in-depth study of "Global Compressed Natural Gas (CNG) Vehicles Market 2017-2021".

CNG vehicles: CNG is a fuel that is used as a substitute for gasoline, diesel, and liquified petroleum gas (LPG). It is s lighter than air and disperses quickly when released. It is mainly used in motor vehicles and locomotives.

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Technavios analysts forecast the global compressed natural gas (CNG) vehicles market to grow at a CAGR of 4.9% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global compressed natural gas (CNG) vehicles market for 2017-2021. To calculate the market size, the report considers the new installations, shipments, and volume of the aftermarket.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Compressed Natural Gas (CNG) Vehicles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Ford Motor
Volkswagen
General Motors (GM)
Honda Motor
Nissan

Other prominent vendors
Audi
Chevrolet

Market driver
Growth in CNG market in APAC
For a full, detailed list, view our report

Market challenge
Huge unorganized aftermarket for CNG vehicles in India
For a full, detailed list, view our report

Market trend
Growing use of CNG in luxury vehicles
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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ResearchMoz
Mr. Nachiket Ghumare,
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Insights of Liquefied Natural Gas (LNG) Market in Global Industry : Development and Forecast 2017-2021

ResearchMoz presents professional and in-depth study of "Global Liquefied Natural Gas (LNG) Market Size, Trends & Forecasts (2017-2021)".

The report entitled Global Liquefied Natural Gas (LNG) Market Size, Trends & Forecasts (2017-2021) provide a detailed analysis of global LNG market with analysis of market size and growth. The analysis includes market size in terms of trade volume, demand, and LNG export and import market share by country.

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The report provides brief regional analysis of Middle East, JKT (Japan, Korea and Taiwan), China-India, Europe and Americas. Regional analysis include market sizing in terms of export, import and demand. The Middle East has been the largest exporting region over the past few years and is expected to remain the largest exporter of LNG globally.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the global LNG market has also been forecasted for the period 2017-2021, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

A brief company profiling of major market players namely Royal Dutch Shell, ExxonMobil, BP Global and Chevron Corporation has been provided in the report on the basis of aspects like business overview, financial overview and business strategies adopted by respective companies.

Company Coverage

ExxonMobil Corporation
Royal Dutch Shell
BP Global
Chevron Corporation

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Region/Country Coverage

Middle East
JKT (Japan, Korea and Taiwan)
China-India
Europe
Americas

Executive Summary

Natural gas is one of the safest, cleanest and most used form of energy which gives both heat and light. Natural gas is hydrocarbon which means it is made up of compounds of hydrogen and carbon, containing seventy to ninety percent methane in most cases. It can be used as fuel in many sectors as; transportation, industrial, agricultural, and a raw material for petrochemical industry. There are three forms of natural gas: pipe natural gas, natural gas for vehicle (NGV) and liquefied natural gas.

LNG is a clear liquid which forms when natural gas is cooled to -162C (-260F). The cooling process shrinks the volume of the gas 600 times, making it easier and safer to store and ship LNG is produced at the so-called liquefaction facilities (plants), following which it can be transported in special cryogenic tanks: sea tank ships or tank cars. It enables rapid delivery of gas to the areas located far from the gas trunk lines.

The global LNG trade volume has increased over the years and projections are made that the market would rise in the next five years i.e. 2017 to 2021 at a rapid pace. Major factors contributing in the increasing trade volume of LNG are startup of several new projects in Australia and Indonesia, rapid economic growth especially of emerging economies, and rising demand for environmentally cleaner fuels etc.

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In the forecasted period, market would be pushed by increase in LNG exports, lower shipping cost, technological advancements and access to new markets etc. In spite of high growth in trade volumes of LNG, market is still facing some challenges that are obstructing the growth of the global LNG market. Challenges faced by LNG industry are supply and demand imbalance, lower LNG prices, competition from fossil fuels and renewable energy and emergence of regional trade etc.

For More Information Kindly Contact:

ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
Follow me on : https://marketinfo247.wordpress.com/