The CNG and LPGvehicles market is analyzed in terms of volume (thousand units) and value($million) by vehicle types, fuel types, and by region and respective majorcountries. CNG and LPG vehicles are amongst the most popular alternative energyfuelled vehicles with LPG being more popular and older than any alternativefuel. However, the trend is expected to change in the future and CNG isexpected to be much more popular than LPG. As the governments mandate stricteremissions regulations in an effort to improve air quality, many transitagencies as well as personal users have turned to alternative fuels.
In addition to the obvious environmental benefits,reduced operating costs, and government incentives have spurred the increaseduse of alternative fuels in the transit industry.
Complete report titled “CNG & LPG Vehicle Marketby Vehicle Type (Passenger Cars & Light Commercial Vehicles), Fuel Type (CNG& LPG), and Geography (Asia-Pacific, Europe, Americas & ROW) – IndustryTrends & Forecasts to 2019” is available at http://www.reportsnreports.com/reports/293448-cng-lpg-vehicle-market-by-vehicle-type-passenger-cars-light-commercial-vehicles-fuel-type-cng-lpg-and-geography-asia-pacific-europe-americas-row-industry-trends-forecasts-to-2019.html
CNG and LPGbi-fuel option is mostly used in passenger cars. Light Commercial Vehicle fleetowners have shown eagerness to adopt these vehicles around the world even afterthe higher upfront costs and loss of luggage space, as they operate within thecity limits at a low speed. These light commercial vehicles are unable to runin the cities at optimum speed. Hence, the incomplete combustion by these biggerengine releases huge amounts of carbon-monoxide into the air, apart from otherharmful emissions. Another important factor fueling their growth is their highmileage which plays a pivotal role in recovering their higher initial cost incomparatively less time.
Convincinggovernments to offer a generous incentive scheme to ease competitive pressureon alternate fuels, irrespective of the technology (Electric/Hybrid/Hydrogen),will be imperative for the market advancement of CNG and LPG vehicles in mediumto long term. Companies profiled in this CNG and LPG vehicle market researchreport include Fiat S.P.A., Ford Motor Company, Volkswagen, General Motors,Honda Motor Co., Ltd., Hyundai Motor Group and Suzuki Motor Corporation.Aftermarket players discussed in this business intelligence study cover LandiRenzo, Impco, Venchurs, Westport and Tomasetto Achille.
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Asia-Pacific isthe potentially fast growing market for LPG and CNG vehicles.
Specifically countries such as China and India as welldeveloped countries, such as South Korea being the major target. Earlier,Pakistan was the leading consumer of CNG vehicles in this region, but it gaveway to China to become the leader in 2012 as the local government put a ban onmanufacturing and converting CNG vehicles. Japan, Thailand, and Hong Kong havetheir 90% taxis running on LPG, which are retro-fitted.
The Americasregion comprising of the U.S. and Brazil are dominated by retrofit CNGvehicles. Brazil is one of the emerging economies in this region. The promotionof flex fuels (E85, moisturized ethanol) by the Brazilian government haspropelled the demand for alternative energy vehicles. The U.S. has been veryslow in adopting CNG vehicles and it can be exemplified by the fact that theHonda Civic CNG that was launched in 1998, still sells about 1,500 units ayear. Argentina on the other hand, is a retrofit market .The top CNG and LPGmanufacturers, such as Fiat (Italy), GM (U.S.), and Ford (U.S.) have a majorpresence in the Americas region.
Another reporttitled “Automotive Steering Systems Market by Vehicle Type (Passenger Car,LCV, & HCV), System Type (Manual, HPS, EHPS & EPS), Safety Features(With ABS/ESP & Without ABS/ESP), & Geography – Industry Trends &Forecast to 2018” is a July 2014 publication spread across 230 pages. Thereport features profiles of the top players in the automotive steering marketcovering their market presence; financial health; product offerings in thesegment and further insights into their strategies and recent marketdevelopments associated with individual players. Companies like ChinaAutomotive Systems Inc., Hyundai Mobis Co., Ltd., Jtekt Corporation, MandoCorp., Mitsubishi Electric Corporation, Nexteer Automotive Group Ltd., NSKLtd., Thyssenkrupp AG, TRW Automotive Holdings Corp. and ZF Friedrichshafen AGare profiled in this research available at http://www.reportsnreports.com/reports/292970-automotive-steering-systems-market-by-vehicle-type-passenger-car-lcv-hcv-system-type-manual-hps-ehps-eps-safety-features-with-abs-esp-without-abs-esp-geography-industry-trends-forecast-to-2018.html
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The report onthe commercial telematics market analyses the overall market by types ofsolution providers, by types of solutions, and professional services. Among allthe regions, the security of fleet and passenger cars is the main applicationof telematics.
Traditionally, there has been significant demand forStolen Vehicle Tracking (SVT) within the certain market segments of U.K. andItaly. In the emerging markets such as China and Russia, the telematics marketis increasing at a higher rate due to the rise in theft rates and concern amongthe drivers about this. These high theft rates in Brazil have led thegovernment to introduce a mandate for SVT to be fitted as a standard in all newvehicles, in order to combat this growing problem. Companies like General Motors,Masternaut, Mix Telematics, Omnitracs, Orbcomm, Telogis, Tomtom, Trimble,Verizon and Volvo have been profiled in the research available at http://www.reportsnreports.com/reports/281190-commercial-telematics-market-oem-aftermarket-solutions-fleet-management-navigation-location-based-infotainment-v2v-v2i-insurance-telehealth-alarm-monitoring-professional-services-global-market-forecasts-analysis-2014-2019-.html
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Explore morereports on the automotive market at http://www.reportsnreports.com/market-research/automotive.
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Greater Emphasis on Automation in Automotive Industry to Drive Investments for Dimensional Metrology
