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.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Key market highlights

Infrastructure for CNG filling

Product life cycle

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by application

Global light- and heavy-duty NGV market by

application

Global light-duty NGV market

Global heavy-duty NGV market

PART 07: Market segmentation by geography

Global light- and heavy-duty NGV market by

geography

Light- and heavy-duty NGV market in APAC

Light- and heavy-duty NGV market in EMEA

Light- and heavy-duty NGV market in the Americas

PART 08: Market drivers

Stricter emission standards

Lower price of natural gas than other fuels

Higher fuel efficiency of NGV

Promotional measures by local governments to boost

NGV market

PART 09: Market challenges

Higher differential cost of NGV for heavy-duty vehicles

Low number of natural gas fueling stations

Reducing crude oil prices to hinder adoption of NGV

Shifting focus of OEMs toward electric vehicles

PART 10: Market trends

Development of near-zero emission NGV

Next generation fuel injectors and adsorbent natural gas

tank to increase range of NGV

Introduction of multi-fuel engines

PART 11: Vendor landscape

Competitive benchmarking

Other prominent vendors

PART 12: Key vendor analysis

CNH Industrial

Daimler Trucks

General Motors

MAN Truck & Bus

Volvo Trucks

PART 13: Appendix

List of abbreviations

PART 14: Explore Technavio