Compressed Natural Gas (CNG) Market By Application (Light Passenger Vehicles, Medium duty/heavy duty (MD/HD) Buses, Medium duty/heavy duty (MD/HD) Trucks), By Source (Associated Gas, Non- Associated Gas, Unconventional Gas) - Growth, Future Prospects And Competitive Analysis, 2016 - 2024

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
  • U.S.
  • Canada
• Europe
  • U.K.
  • Russia
  • Germany
  • Rest of Europe
• Asia-Pacific
  • Australia
  • Japan
  • China
  • Rest of Asia-Pacific
• Middle East and Africa (MEA)
  • GCC
  • Rest of 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.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Compressed Natural Gas (CNG) Market Snapshot
2.1.1. Global Compressed Natural Gas (CNG) Market by Source, 2015
2.1.2. Global Compressed Natural Gas (CNG) Market by Application, 2015
2.1.3. Global Compressed Natural Gas (CNG) Market by Geography, 2015
2.1.4. Market Drivers, Challenges and Trends

3. Global Compressed Natural Gas (CNG) Market Dynamics
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Drivers
3.4. Challenges
3.5. Future Prospects
3.6. Impact Analysis of Drivers and Challenges
3.7. Porter’s Five Force Analysis
3.7.1. Bargaining Power Of Suppliers
3.7.2. Bargaining Power Of Buyers
3.7.3. Threat Of Substitutes
3.7.4. Threat Of New Entrants
3.7.5. Industry Rivalry

4. Global Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Source, 2013 – 2024
4.1. Overview
4.1.1. Market Share Analysis by Source, 2015 vs. 2024
4.1.2. Attractive Investment Proposition by Source
4.2. Associated Gas
4.3. Non- Associated Gas
4.4. Unconventional Gas

5. Global Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Application, 2013 – 2024
5.1. Overview
5.1.1. Market Share Analysis by Application, 2015 vs. 2024
5.1.2. Attractive Investment Proposition by Application
5.2. Light Passenger Vehicles
5.3. Medium duty/heavy duty (MD/HD) Buses
5.4. Medium duty/heavy duty (MD/HD) Trucks
5.5. Others (Autos)

6. Global Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Geography, 2013 – 2024
6.1. Overview
6.1.1. Market Share Analysis by Geography, 2015 vs. 2024
6.1.2. Attractive Investment Proposition by Geography
6.2. North America Compressed Natural Gas (CNG) Market Analysis, 2013 – 2024
6.2.1. North America Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Country, 2013 – 2024
6.2.1.1. U.S.
6.2.1.2. Canada
6.2.2. North America Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Source, 2013 – 2024
6.2.2.1. Associated Gas
6.2.2.2. Non- Associated Gas
6.2.2.3. Unconventional Gas
6.2.3. North America Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Application, 2013 – 2024
6.2.3.1. Light Passenger Vehicles
6.2.3.2. Medium duty/heavy duty (MD/HD) Buses
6.2.3.3. Medium duty/heavy duty (MD/HD) Trucks
6.2.3.4. Others (Autos)
6.3. Europe Compressed Natural Gas (CNG) Market Analysis, 2013 – 2024
6.3.1. Europe Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Country, 2013 – 2024
6.3.1.1. Russia
6.3.1.2. U.K
6.3.1.3. Rest of Europe
6.3.2. Europe Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Source, 2013 – 2024
6.3.2.1. Associated Gas
6.3.2.2. Non- Associated Gas
6.3.2.3. Unconventional Gas
6.3.3. Europe Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Application, 2013 – 2024
6.3.3.1. Light Passenger Vehicles
6.3.3.2. Medium duty/heavy duty (MD/HD) Buses
6.3.3.3. Medium duty/heavy duty (MD/HD) Trucks
6.3.3.4. Others (Autos)
6.4. Asia Pacific Compressed Natural Gas (CNG) Market Analysis, 2013 – 2024
6.4.1. Asia Pacific Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Country, 2013 – 2024
6.4.1.1. Japan
6.4.1.2. China
6.4.1.3. India
6.4.1.4. Rest of Asia Pacific
6.4.2. Asia Pacific Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Source, 2013 – 2024
6.4.2.1. Associated Gas
6.4.2.2. Non- Associated Gas
6.4.2.3. Unconventional Gas
6.4.3. Asia Pacific Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Application, 2013 – 2024
6.4.3.1. Light Passenger Vehicles
6.4.3.2. Medium duty/heavy duty (MD/HD) Buses
6.4.3.3. Medium duty/heavy duty (MD/HD) Trucks
6.4.3.4. Others (Autos)
6.5. Latin America Compressed Natural Gas (CNG) Market Analysis, 2013 – 2024
6.5.1. Latin America Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Country, 2013 – 2024
6.5.1.1. Brazil
6.5.1.2. Mexico
6.5.1.3. Rest of Latin America
6.5.2. Latin America Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Source, 2013 – 2024
6.5.2.1. Associated Gas
6.5.2.2. Non- Associated Gas
6.5.2.3. Unconventional Gas
6.5.3. Latin America Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Application, 2013 – 2024
6.5.3.1. Light Passenger Vehicles
6.5.3.2. Medium duty/heavy duty (MD/HD) Buses
6.5.3.3. Medium duty/heavy duty (MD/HD) Trucks
6.5.3.4. Others (Autos)
6.6. Middle East & Africa (MEA) Compressed Natural Gas (CNG) Market Analysis, 2013 – 2024
6.6.1. MEA Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Country, 2013 – 2024
6.6.1.1. GCC
6.6.1.2. Rest of MEA
6.6.2. MEA Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Source, 2013 – 2024
6.6.2.1. Associated Gas
6.6.2.2. Non- Associated Gas
6.6.2.3. Unconventional Gas
6.6.3. MEA Compressed Natural Gas (CNG) Market Size (US$ Bn) (Mn cubic mtrs.), By Application, 2013 – 2024
6.6.3.1. Light Passenger Vehicles
6.6.3.2. Medium duty/heavy duty (MD/HD) Buses
6.6.3.3. Medium duty/heavy duty (MD/HD) Trucks
6.6.3.4. Others (Autos)

7. Company Profiles
7.1. Competitive Dashboard
7.2. Key Players
7.2.1. British Petroleum plc.
7.2.1.1. Business Description
7.2.1.2. Financial Information
7.2.1.3. Product Positions/Portfolio
7.2.1.4. Key Developments
7.2.1.5. SWOT Analysis
7.2.2. Gazprom
7.2.3. Exxon Mobil Corporation
7.2.4. Royal Dutch Shell plc.
7.2.5. Total SA
7.2.6. China National Petroleum Corporation
7.2.7. Chevron
7.2.8. Eni SpA
7.2.9. Statoil
7.2.10. ConocoPhillips
7.2.11. Reliance Industries Ltd. (RIL)
7.2.12. Other Notable Players

List Of Table :

Table 01: Global Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast by Source, 2013-2024
Table 02: Global Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast by Application, 2013-2024
Table 03: Global Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Geography, 2013-2024
Table 04: North America Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Country, 2013-2024
Table 05: North America Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Source, 2013-2024
Table 06: North America Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Application, 2013-2024
Table 07: Europe Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Country, 2013-2024
Table 08: Europe Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Source, 2013-2024
Table 09: Europe Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Application, 2013-2024
Table 10: Asia Pacific Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Country, 2013-2024
Table 11: Asia Pacific Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Source, 2013-2024
Table 12: Asia Pacific Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Application, 2013-2024
Table 13: Latin America Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Country, 2013-2024
Table 14: Latin America Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Source, 2013-2024
Table 15: Latin America Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Application, 2013-2024
Table 16: Middle East & Africa Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Country, 2013-2024
Table 17: Middle East & Africa Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Source, 2013-2024
Table 18: Middle East & Africa Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, by Application, 2013-2024
Table 19: British Petroleum plc.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 20: Gazprom: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 21: Exxon Mobil Corporation: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 22: Royal Dutch Shell plc.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 23: Total SA: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 24: China National Petroleum Corporation: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 25: Chevron: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 26: Eni SpA: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 27: Statoil: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 28: ConocoPhillips: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 29: Reliance Industries Ltd. (RIL): Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)

List Of Figure :

Figure 01: Global Compressed Natural Gas (CNG) Market Revenue (US$ Bn) & Volume (Mn cubic mtrs.) Forecast, 2013-2024
Figure 02: Global Compressed Natural Gas (CNG) Market Share (%) by Source, 2015 vs. 2024
Figure 03: Global Compressed Natural Gas (CNG) Market Investment Proposition by Source, 2016
Figure 04: Global Compressed Natural Gas (CNG) Market Share (%) by Application, 2015 vs. 2024
Figure 05: Global Compressed Natural Gas (CNG) Market Investment Proposition by Application, 2016
Figure 06: Global Compressed Natural Gas (CNG) Market Share Analysis (%) by Geography, 2015 vs. 2024
Figure 07: Global Compressed Natural Gas (CNG) Market Investment Proposition by Geography, 2016
Figure 08: North America Compressed Natural Gas (CNG) Market Investment Proposition by Country, 2016
Figure 09: Europe Compressed Natural Gas (CNG) Market Investment Proposition by Country, 2016
Figure 10: Asia Pacific Compressed Natural Gas (CNG) Market Investment Proposition by Country, 2016
Figure 11: Latin America Compressed Natural Gas (CNG) Market Investment Proposition by Country, 2016
Figure 12: Middle East & Africa Compressed Natural Gas (CNG) Market Investment Proposition by Country, 2016

Based on the application, the global compressed natural gas (CNG) market is segmented as follows:

• Light Passenger Vehicles
• Medium duty/heavy duty (MD/HD) Buses
• Medium duty/heavy duty (MD/HD) Trucks
• Others (Autos)

Global compressed natural gas (CNG) market is categories on the basis of application. Among application, light passenger vehicles segment was observed to be the largest segment in 2015 in compressed natural gas (CNG) market owing to growing popularity of the CNG as an auto fuel due to higher efficiency of the CNG powered vehicles. Further, growth in number of passenger car due increasing per capita disposable income of middle class especially in China and India is expected to increase the demand for automobile fuel which in turn is projected to fuel the demand for the CNG during the forecast period. The segment is anticipated to grow at significant rate and projected to maintain its dominance over the forecast period. The segment is anticipated to witness high growth over the forecast period (2016-2024). Medium/ heavy duty buses and truck are expected to collectively account for over 35% of revenue share of global compressed natural gas market. Both the segment is anticipated to grow at significant rate owing to various government initiative across key regions of the globe to promote CNG operated buses/trucks with the focus to minimize greenhouse gases emission. The segment are expected to gain significant market share by 2023.

Based on the source, the global compressed natural gas (CNG) market is segmented as follows:

• Associated Gas
• Non- Associated Gas
• Unconventional Gas

Global compressed natural gas (CNG) market is categories on the basis of source. Among Source, non- associated segment was the most dominant segment in 2015 and anticipated to continue its dominance of over the forecast period. Increasing exploration and production of conventional natural gas reserves especially in Middle East & Africa is anticipated to drive the growth of the segment during the forecast period. Unconventional gas segment is expected to be the fastest growing segment during the forecast period. Growing shale gas production in U.S., Canada and China is anticipated to fuel the supply of natural gas through unconventional reserves over the forecast period (2016-2024).

For the purpose of this study, the global compressed natural gas (CNG) market is categorized into:

• North America
• Europe
• Asia Pacific
• Latin America (LATAM)
• Middle East and Africa (MEA)

Asia Pacific is projected to be the key consuming market in global compressed natural gas (CNG) market during the forecast period (2016-2024). Increasing number of natural gas based automobile coupled increasing investment in infrastructure for CNG storage and distribution facilities in the region is projected to augment the demand for CNG in the region. Further, favorable regulatory support to promote CNG as the alternative auto fuel due to its low greenhouse emission characteristics. The region is also projected to witness highest growth over the forecast period (2016-2024). Followed by it, North America is expected to be the second largest market in global CNG market. Natural gas vehicle fuel consumption has witness the growth of 10% since 2015 coupled with favorable regulatory policies owing to growing craving to earn carbon credits. The region is projected to grow at steady rate during the forecast period (2016-2024).