This report titled “Compressed Natural Gas (CNG) Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the trends in CNG market along with the market size and forecast for the duration 2013 to 2024. The said research study incorporates in-depth analysis of multiple market segments based on source, application and geographical distribution.
The global compressed natural gas (CNG) market is becoming increasingly competitive with growing number of mergers and collaborations between market players to reach full capabilities and gain international footprint. In addition, several players are also focused on developing their niche in the market. Rapid growth of this market has also resulted in creating further skilled job opportunities in major hubs spread across North America, Europe, Latin America and Asia Pacific.
Based on source, the global CNG market is categorized into associated gas, non-associated gas and unconventional gas. On the basis of application, the global CNG market is segmented into light passenger vehicles, medium duty/heavy duty buses, medium duty/heavy duty truck and others (autos). In addition, natural gas producing companies, refining companies and academic organizations form the major client types for CNG market. Market size (US$ Bn) (Mn cubic mtrs.) and forecast for all the considered segmentation is presented in this report for the period 2013-2024 along with their respective CAGRs (%) for the forecast period 2016-2024.
In terms of geographical distribution, the global CNG is studies for five major regions namely, North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Market size and forecast for each regional and country-level market are included in the report for the considered periods. To further elucidate, the geographical distribution of the global CNG market is performed as follows:
- North America
- Europe
- U.K.
- Russia
- Germany
- Rest of Europe
- Asia-Pacific
- Australia
- Japan
- China
- Rest of Asia-Pacific
- Middle East and Africa (MEA)
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
Along with the quantitative information sets, this report also provides qualitative information such as market dynamics and executive summary for the global CNG market. Tools such as competition assessment and attractive investment proposition are also included in the report to provide the readers with competitive mapping assistance. This study concludes with company profiles section. This section includes major information about the key companies engaged in development, and provision of CNG.
