Global Light and Heavy Duty Natural Gas Vehicle Market (2020 to 2024) - Key Drivers, Challenges and Trends


Dublin, Sept. 15, 2020 (GLOBE NEWSWIRE) -- The "Global Light and Heavy Duty Natural Gas Vehicle Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The global light and heavy duty natural gas vehicle market is poised to grow by 251.43 K units during 2020-2024, progressing at a CAGR of 2% during the forecast period.

This report on the light and heavy duty natural gas vehicle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.

The market is driven by the increasing focus on emission reduction, advantages of natural gas and higher fuel efficiency of NGVs.

The light and heavy-duty natural gas vehicle market analysis includes the application segment and geographic landscapes.

This study identifies the rapid growth in the development of near-zero emission NGV as one of the prime reasons driving the light and heavy duty natural gas vehicle market growth during the next few years. Also, technological advances and introduction of multi-fuel engines will lead to sizable demand in the market.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The report covers the following areas:

  • Light and heavy duty natural gas vehicle market sizing
  • Light and heavy duty natural gas vehicle market forecast
  • Light and heavy duty natural gas vehicle market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading light and heavy duty natural gas vehicle market vendors that include AB Volvo, CNH Industrial NV, Cummins Inc., Daimler AG, General Motors Co., MAN SE, Navistar International Corp., PACCAR Inc., Renault SA, and Volkswagen AG. Also, the light and heavy duty natural gas vehicle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Key Topics Covered:

1. Executive Summary

  • Market Overview

2. Market Landscape

  • Market ecosystem
  • Value chain analysis

3. Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019-2024

4. Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

5. Market Segmentation by Application by Volume

  • Market segments
  • Comparison by Application by volume
  • Light-duty NGV - Market size and forecast 2019-2024
  • Heavy-duty NGV - Market size and forecast 2019-2024
  • Market opportunity by Application by volume

6. Customer Landscape

7. Geographic Landscape by Volume

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume drivers - Demand led growth
  • Market challenges
  • Market trends

8. Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

9. Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • AB Volvo
  • CNH Industrial NV
  • Cummins Inc.
  • Daimler AG
  • General Motors Co.
  • MAN SE
  • Navistar International Corp.
  • PACCAR Inc.
  • Renault SA
  • Volkswagen AG

10. Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

For more information about this report visit https://www.researchandmarkets.com/r/w61xsr

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