Global Automotive Compressed Natural Gas Vehicles (NGV) Market will attain sales of 1.5 million CNG passenger cars in 2013, According to a New Study on ASDReports

Monday 16 February 2015, Amsterdam

This report's, now available on ASDReports, latest automotive report The Automotive Compressed Natural Gas Vehicles (NGV) 2013-2023: Prospects for CNG Passenger Cars finds substantial potential for growth although the pace of growth will vary widely over the forecast period of 2013-2023.  The report assesses that global number of CNG vehicles sold in 2013 will reach 1.5 million units.

Gas systems fitted as original equipment follow the global demand for new vehicles and the cyclical nature of this business. In addition, demand for gas systems closely tracks the price of other alternatively fuelled vehicles with the key driver for most purchases being the savings over petrol or diesel. In recent years the rise of hybrid systems and the increasing choice of battery vehicles has further widened the choice of alternative energy sources for passenger cars.

This 198 page report is packed with 94 tables, figures and charts that illustrate key trends in the automotive compressed natural gas vehicle market at the global level. Six key regional markets are forecast from 2013-2023: Europe, North America, India & Pakistan, Rest of Asia & China, South America and the Middle East & the Rest of World. The report provides profiles of 15 leading automotive companies operating within the CNG vehicle market. An exclusive interview from an expert from Fiat Group Automobiles, Europe’s leading CNG vehicle company also provides expert opinion alongside the report analysis giving insight into the prospects for the global CNG vehicle market.

This defence report The Automotive Compressed Natural Gas Vehicles (NGV) 2013-2023: Prospects for CNG Passenger Cars will be valuable to those engaged in all sectors of the CNG market or wish to explore the opportunities in this sector.