Compressed Natural Gas
Compressed Natural Gas Vehicles Summary:
The global Compressed Natural Gas Vehicles market will reach Volume Million USD in 2019 and with a CAGR xx% between 2020-2026.
Due to recovering oil prices, the low-cost of CNG is preferred in many countries. Also, the growth in energy requirements by various nations leads to the use of non-conventional fuel such as compressed natural gas, which drives the CNG market. Furthermore, stringent government regulations in pollution control and an increase in the financial health of many countries around the world fuels the compressed natural gas market. Though the initial investment cost is too high, the installation and costs of CNG storage tanks in automobiles is expensive and a limited number of fueling stations restrain the growth of the market.
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Product Type Coverage Market Size & Forecast, Major Company of Product Type etc. :
OEM
Car Modification
Demand Coverage Market Size & Forecast, Consumer Distribution :
Personal Use
Commercial Use
Company Coverage Sales data, Main Products & Services etc. :
Fiat Chrysler
Volkswagen
Ford
General Motors
Toyota
Iran Khodro
Nissan
Volvo Group
Hyundai
Honda
Suzuki
Mercedes-Benz
Renault
PSA Peugeot Citroen
Great Wall Motors
Major Region Market
North America
Europe
Asia-Pacific
South America
Middle East & Africa
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