On 12th December 2014
Summary
About CNG Vehicles
CNG is a natural gas used in automobiles as an alternative to gasoline and diesel. Natural gas is a mixture of hydrocarbons that is found deep within the earth, and primarily consists of methane. In a CNG vehicle, natural gas is compressed and put into the vehicle through a gas dispenser. This gas then runs through high-pressure cylinders and enters the engine of the vehicle, which helps the vehicle start functioning. Although CNG is not the most pollution-free form of energy, vehicles that run on CNG produce relatively less harmful gases compared to vehicles that run on gasoline or diesel.
TechNavios analysts forecast the CNG Vehicles market in Europe to grow at a CAGR of 5.51 percent over the period 2013-2018.
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Covered in this Report
In terms of vehicle type, the CNG Vehicles market in Europe can be segmented into four: Lightduty (LD) Vehicles, Trucks, Buses, and Others (Three Wheelers, Forklifts, Tractors, and
Locomotives).
TechNavios report, the CNG Vehicles Market in Europe 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe; it also covers the landscape of the CNG Vehicles market in Europe and its growth prospects in the coming years. The report also includes a discussion of the Key Vendors operating in this market.
Key Regions
Europe
Key Vendors
Daimler
Fiat
General Motors
Peugeot Citron
Volkswagen
Other Prominent Vendors
Adam Opel
Industrial Vehicle
MAN Truck & Bus
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Tel No- 91 2241236650
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Saab Automobile
SEAT
Volvo
Market Driver
Economic Advantages
For a full, detailed list, view