Natural gas vehicles (NGV) are alternative fuel vehicles that use natural gas in place of diesel or gasoline as fuel for combustion. Natural gas is used in two forms in automobiles: compressed natural gas (CNG) and liquefied natural gas (LNG). LNG is stored as a supercooled liquid and is used for combustion. A temperature range between -184 degrees Fahrenheit and -274 degrees Fahrenheit is maintained for the storage of LNG. The advantage of using LNG is that it has a high calorific value that is comparable to that of gasoline. However, it needs high investment in infrastructure to maintain the temperature of the cryogenic liquid. CNG is stored in a gaseous form and an odorant is added to it to detect leakage. Normally, it is stored in high-pressure tanks with a pressure range of 20 to 25 Mpa. The report focuses on the Light and Heavy Duty Natural Gas Vehicle market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19. Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Light and Heavy Duty Natural Gas Vehicle market. Major Players in the Light and Heavy Duty Natural Gas Vehicle market are: BRC Gas Equipment CNH Industrial IMPCO Technologies Cummins Westport Volkswagen Beiqi Foton Motor Honda Renault General Motors Navistar Ford Motor KAMAZ Dongfeng Motor Landi Renzo GAZ Fiat Chrysler Automobiles ISUZU MOTORS Daimler Trucks Volvo Trucks MAN Truck & Bus On the basis of types, the Light and Heavy Duty Natural Gas Vehicle market is primarily split into: CNG LNG On the basis of applications, the market covers: Light-Duty NGV Heavy-Duty NGV Major Regions or countries covered in this report: United States Europe China Japan India Southeast Asia Latin America Middle East and Africa Others Years considered for this report: Historical Years: 2017-2021 Base Year: 2021 Estimated Year: 2022 Forecast Period: 2022-2029
Table of Content 1 Light and Heavy Duty Natural Gas Vehicle Market Overview 1.1 Product Overview and Scope of Light and Heavy Duty Natural Gas Vehicle Market 1.2 Light and Heavy Duty Natural Gas Vehicle Market Segment by Type 1.2.1 Global Light and Heavy Duty Natural Gas Vehicle Market Sales and CAGR (%) Comparison by Type (2017-2029) 1.3 Global Light and Heavy Duty Natural Gas Vehicle Market Seg
