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1. Commercial Natural Gas Vehicles
(C-NGV) Market 2014-2024
Prospects for Top Companies with LNG & CNG
Trucks, Vans, Buses & Coaches
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Contents
1. Report Overview
1.1 Commercial Natural Gas Vehicle Market 2014-2024 Overview
1.2 Commercial Natural Gas Vehicle Market Segmentation
1.3 Why You Should Read This Report
1.4 How This Report Delivers
1.5 Key Questions Answered by This Analytical Report Include:
1.6 Who is This Report For?
1.7 Methodology
1.8 Frequently Asked Questions (FAQ)
1.9 Associated Visiongain Reports
1.10 About Visiongain
2. Introduction to the Commercial Natural Gas Vehicles (CNGV) Market
2.1 Key Facts About Commercial Natural Gas Vehicles in 2013
2.1.1 Natural Gas Vehicles (NGV) Sales Growth 2010-2013
2.1.2 Development of NVG Population 2009-2013
2.2 Learn Why the Penetration of NVG in the Automotive Sector is Low
2.2.1 The Penetration of Natural Gas in Transportation
2.2.2 The Penetration of Natural Gas in the Major Automotive Markets
2.2.3 NGV Refuelling Infrastructure-CNG & LNG Stations
2.2.4 How Upfront Purchase Costs and Conversion Costs Have Impacted the NGV Growth
2.3 Why Use Natural Gas as a Fuel for Transportation?
2.4 Definition of the Commercial Natural Vehicle (CNGV) Market
2.4.1 Commercial Vehicles (CV) Definition
2.4.2 Alternative Fuel Vehicles (AFV)
2.4.3 Natural Gas (NG)
2.4.3.1 Natural Gas Supply
2.4.3.2 Natural Gas Demand-Consumption
2.4.3.3 Natural Gas Consumption In the Transportation Sector 1973-2011
2.4.4 Definition of Natural Gas Vehicle (NGV)
2.4.4.1 Engines
2.4.4.2 Refuelling Stations: Fast-Fill & Slow Fill
2.4.5 Definition of the Commercial NGV Market
2.5 Commercial Natural Gas Vehicles Market Segmentation
2.5.1 C-NGV Market Forecast By Commercial Vehicle Type
2.5.2 C-NGV Market Forecast by Type of Natural Gas

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Contents
2.5.3 C-NGV Market Forecast by Supplier
3. Global Commercial Natural Gas Vehicles Market Forecast 2014-2024
3.1 Commercial Natural Gas Vehicle Sales Forecast 2014-2024
3.1.1 What Will Drive Demand in the Commercial NGV Market Between 2014 and 2024?
3.1.2 Commercial NGV Population Forecast 2014-2014
3.1.3 Drivers & Restraints of the Commercial NGV Market
3.2 Commercial NGV Market Shares Forecasts 2014-2014
3.2.1 Commercial NGV Sales Penetration In Total NVG Sales 2014-2024
3.2.2 C-NGV Sales Penetration In Total CV Sales 2014, 2019, 2024
3.2.2 C-NGV Sales Penetration In Total Vehicle Sales 2014, 2019, 2024
3.3 Total Natural Gas Vehicles (NGV) Population 2009-2013
3.4. Global Natural Gas Vehicle Sales 2010-2013
3.4.1 Penetration of Global NGV Sales in Total Vehicle Sales 2010-2013
3.5. Global Natural Gas Vehicle Population Forecast 2014-2024
3.6 Global Natural Gas Vehicle Sales Forecast 2014-2024
3.6.1 NGV Sales Penetration Forecast Summary 2013, 2014, 2019, 2024
3.7 Global Passenger Car & Commercial Vehicle Sales Forecast 2014-2024
3.8 Commercial Vehicles Sales Forecast 2014-2024
3.8.1 How Did the Commercial Vehicles Segment Change During 2005-2013?
3.8.2 What Will the Commercial Vehicle Market Do During 2014-2024
3.9 Commercial Natural Gas Vehicles Submarket Forecasts 2014-2024
3.9.1 By Type of Natural Gas: Commercial CNG vs Commercial LNG
3.9.1.1 Commercial CNG & LNG Vehicles Sales Forecast 2014-2024
3.9.1.2 Drivers & Restraints of the Commercial CNG & LNG Submarket
3.9.1.3 Global CNG & LNG Vehicles Sales Forecast 2014-2024
3.9.1.4 Market Shares Forecast of CNG & LNG Vehicles Sales 2014-24
3.9.2 Global Commercial NGV Sales Forecast 2014-2024 By OEM or Aftermarket Fitment
3.9.2.1 Drivers & Restraints of the OEM or Aftermarket Fitment Submarket
3.9.3 Global Commercial NGV Sales Forecast 2014-2024 By Type of Commercial Vehicle
3.9.3.1 Read How the New EU Regulation Benefits LNG-Fueled Heavy Duty
Trucks in Europe
3.9.3.2 Drivers & Restraints of the Type of Commercial Vehicle Submarket

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Contents
4. Regional & Leading National Commercial Natural Gas Vehicles
Market Forecast 2014-2024
4.1 Regional Commercial NGV Sales Forecast 2014-2024
4.1.1 Regional Market Shares Forecast in Commercial Natural Gas Sales 2014, 2019, 2024
4.2 Asia-Pacific Commercial NGV Sales Forecast 2014-2024
4.2.1 Chinese Commercial NGV Sales Forecast 2014-2024
4.2.1.1 Drivers & Restraints of the Chinese Commercial NGV Market
4.2.1.2 China’s Market Share in CNG and LNG Stations IN 2013
4.2.2 India Commercial NGV Sales Forecast 2014-2024
4.2.2.1 Drivers & Restraints of the Indian Commercial NGV Market
4.2.3 Iran Commercial NGV Sales Forecast 2014-2024
4.2.3.1 Drivers & Restraints of the Iran Commercial NGV Market
4.2.4 Pakistani Commercial NGV Sales Forecast 2014-2024
4.2.4.1 Drivers & Restraints of the Pakistani Commercial NGV Market
4.3 America Commercial NGV Sales Forecast 2014-2024
4.3.1 U.S. Commercial NGV Sales Forecast 2014-2024
4.3.1.1 Overview of the U.S. Commercial NGV Sales Forecast 2014-2014
4.3.1.2 Drivers & Restraints of the U.S. Commercial NGV Market
4.3.1.3 U.S. CNG, LNG & Total NGV Sales Forecast 2014-2024
4.3.1.4 The Development of the CNG and LNG Sales in the U.S.
4.3.1.5 What is Driving Higher Fuel Prices in the US?
4.3.2 Analysis of the South American Commercial NGV Market
4.3.2.1 Analysis of the Brazilian Commercial NGV Market
4.3.2.2 Analysis of the Mexican Commercial NGV Market
4.4. European Commercial NGV Sales Forecast 2014-2024
4.4.1 Overview of the European Commercial NGV Sales 2014-24
4.5 Rest of the World Commercial NGV Sales Forecast 2014-2024
5. SWOT Analysis of the Commercial Natural Gas Vehicles Market
5.1 SWOT Analysis of the CNG & LNG Submarket
5.2 SWOT Analysis of the OEM & Aftermarket C-NGV Submarket
5.3 SWOT Analysis of the Type of Commercial Vehicle Submarket

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Contents
6. Leading Companies in the Commercial Natural Gas Vehicles Market
6.1 Cummins Westport Company Overview
6.1.1 Cummins Westport’s Role in the Commercial NGV Market
6.2 Daimler Trucks Company Overview
6.2.1 Daimler Trucks-Commercial NGV Product Offerings
6.3 GM Company Overview
6.3.1 GM-Commercial NGV Product Offerings
6.4 Iveco Company Overview
6.4.1 Iveco’s Role in the Commercial NGV Market
6.5 MAN Trucks & Buses Company
6.5.1 MAN’s Role in the Commercial NGV Market
6.5.2 MAN & Erdgas Mobil Joint Venture for NGV in Germany
6.6 Volvo Trucks Company Overview
6.6.1. Volvo Trucks’ Role in the Commercial NGV Market
6.6.2. Volvo-Commercial NGV Product Offerings
6.7 Other Leading Companies in the Commercial NGV Market
7. Conclusions
7.1 Commercial NGV Sales Forecast Summary 2014, 2019, 2024
7.1.1 Drivers & Restraints of the Commercial NGV Market
7.1.2 Commercial NGV Population Forecast Summary 2014, 2019, 2024
7.2. Commercial NGV Sales Forecast Segmentation
7.2.1 C-NGV Sales Forecast By Type of Natural Gas: CNG vs LNG
7.2.2 C-NGV Sales Forecast By
7.2.3 C-NGV Sales Forecast By
7.3 Regional C-NGV Sales Forecast Summary 2014, 2019, 2024
7.3.1 Regional Market Shares Forecast in CNGV Sales 2014, 2019, 2024

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Commercial Natural Gas Vehicles (C-NGV) Market
Forecast 2014-2024: Prospects for Top Companies
with LNG & CNG Trucks, Vans, Buses & Coaches
The NGV market is volatile and sales fluctuated a lot between 2010 and 2013 as seen in Table 3.8.
In detail, the global sales of NGV recorded a drop of 63.8% between 2012 and 2013 mainly due to
the rise of another major AFV segment, the electric vehicles which also offer significant fuel and
emission advantages over standard-fuelled vehicles.
The current market status of both NGV and Commercial NGV is thoroughly presented in Chapter2.
3.4.1 Penetration of Global NGV Sales in Total Vehicle Sales 2010-2013
NGV Sales Penetration
in Total Vehicle Sales
2010 2011 2012 2013
1.67% 3.30% 3.35% 1.17%
Using data published by the OICA for Total Vehicle Sales and data from NGVA Europe & VGR for
NGV total Sales for the period 2010-2013 respectively we assess that NGV total Sales accounted
for 1.17% of the total Vehicle Sales in 2013, down from 1.67% in 2010.
Total Vehicle
Sales (Ml Units)
2010 2011 2012 2013
CAGR (%)
2009-2013
Passenger Cars
Sales 55.34 57.30 60.43 62.64 4.2
AGR (%) 12.1 3.5 5.5 3.7
Commercial
Vehicles Sales 19.56 20.79 21.73 22.75 5.2
AGR (%) 20.3 6.3 4.5 4.7
All vehicle Sales 74.89 78.09 82.17 85.39
4.5
AGR (%) 14.2 4.3 5.2 3.9
However, the figures presented above for NGV total population, Sales and Penetration includes
both Passenger Car NGV and Commercial NGV. Therefore, we will use the segmentation
according to Chapter 2.
Table 3.9 NGV Penetration in Total Vehicle Sales 2010-2013 (%)
Source: OICA, NGVA Europe, VGR, Visiongain 2014
Table 3.10 Total Vehicle Sales: Passenger Car & Commercial Vehicles 2010-2013
(Million Units, AGR%, CAGR%)
Source: OICA 2014

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Commercial Natural Gas Vehicles (C-NGV) Market
Forecast 2014-2024: Prospects for Top Companies
with LNG & CNG Trucks, Vans, Buses & Coaches
4.2.4 Pakistani Commercial NGV Sales Forecast 2014-2014
-40
-20
0
20
40
60
80
0.0
0.2
0.4
0.6
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
A
G
R
(
%
)
M
l
U
n
i
t
s
Pakistan AGR(%)
13.8
%
2014
Pakistan Rest of World
13.8
%
2019
Pakistan Rest of World
13.0
%
2024
Pakistan Rest of World
China 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Million Units 0.15 0.14 0.19 0.26 0.23 0.17 0.29 0.29 0.42 0.54 0.44
AGR(%) -7.1 33.8 37.5 -11.0 -26.7 69.0 -0.5 44.6 28.8 -17.8
CAGR (%) 2014-19 2.2 2019-24 20.8
CAGR (%) 2014-24 11.1
Table 4.9 Pakistani C-NGV Sales Forecast 2014-2024 (Millions, AGR% CAGR%)
Source: Visiongain 2014
Figure 4.13 Pakistani C-NGV Sales Forecast 2014-2024 (Millions, AGR% CAGR%)
Source: Visiongain 2014
Figure 4.14 Pakistani C-NGV Sales Market Share Forecast 2014, 2019, 2024 (%)
Source: Visiongain 2014

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Commercial Natural Gas Vehicles (C-NGV) Market
Forecast 2014-2024: Prospects for Top Companies
with LNG & CNG Trucks, Vans, Buses & Coaches
• In 2011, Fiat SpA (F) created a new company for its truck and tractor affiliate now known;
• In 2012, Renault SA (RNO) sold its remaining shares in Volvo AB to unload its heavy-
trucks unit to the Swedish company, which in turn sold its car operations in 1999.
6.1 Cummins Westport Inc. Company Overview
Group revenue $164.0 million
Headquarters Vancouver, British Columbia, Canada
IR Contact Middle East & Europe: John Burgess (44-1325-556-140)
Website http://www.cumminswestport.com/find-a-natural-gas-truck-or-bus
Cummins Westport Inc. designs, engineers, and markets 6 to 12 litre spark-ignited automotive
natural gas engines for commercial transportation applications such as truck and buses. It also
offers dedicated 100% natural gas engines to leading truck and bus manufacturers (OEMs).
Cummins Westport was formed in 2001 as a 50:50 joint venture between Cummins Inc. and
Westport Innovations. Cummins Westport has approximately 80 employees. Engineering and
customer support staff are located in Columbus, IN. Sales, marketing, and management staff are
based in the USA and Canada.
6.1.1 Cummins Westport’s Role in the Commercial NGV Market
In the Commercial NGV space, Cummins Westport designs and manufactures purpose-built
engines to run on natural gas and supplies OEMs around the world. The company produced its
first natural gas heavy-duty engine in 1991 and continues to develop clean, leading-edge natural
gas engine technology. Cummins claims its engines have met enhanced emissions standards in
advance of regulated deadlines.
Cummins Westport engines are dedicated natural gas engines factory built in Cummins Engine
Plants and delivered to truck and bus OEMs where the engine is integrated into the vehicle. In
some cases the OEM will also install the natural gas (CNG or LNG) vehicle fuel storage system.
The fuel system can also be installed on the vehicle at a different location, such as a truck-body
builder (i.e. refuse), as the vehicle is being configured to the customer's specifications.
In 2013, Westport launched the Westport iCE PACK
™
LNG Tank System; completed the
acquisition of BAF Technologies, Inc. (BAF) and its subsidiary, ServoTech Engineering, Inc.
Source: Visiongain 2014
Table 6.2 Cummins Westport Company Overview (Total Revenue, HQ, Ticker, IR Contact, Website)