Global Natural Gas Vehicle Sales and Refueling Infrastructure Forecasts: 2013-2020The market for natural gas vehicles (NGVs) is gaining increased traction in many countries due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel. NGVs are fueled by natural gas that has been either compressed (CNG) or liquefied (LNG). While CNG vehicles span all vehicle weight classes, LNG vehicles are currently limited to heavy duty trucks because of the size and cost of the storage equipment.While the price of natural gas is contributing to growth in many different vehicle segments, from passenger cars to heavy duty over-the-road trucks, other factors, such as increased vehicle availability, a shortage of oil refining capabilities, tightening emissions restrictions, and increased energy security, are also fueling growth within specific countries. Navigant Research forecasts that the number of NGVs on roadways worldwide will reach nearly 35 million by 2020.This Navigant Research report provides global market data and forecasts for passenger cars, light duty trucks, and medium and heavy duty trucks and buses. In addition to sales forecasts for vehicles and for refueling infrastructure extending through 2020, the report examines key factors influencing growth in the NGV market, including economic forces, fuel prices, and overall automobile market trends.Key Questions Addressed: ' What are the growth forecasts for NGVs through 2020'' What are the economic factors that will influence growth in the NGV market'' Where are the largest markets for passenger cars, light, medium, and heavy duty trucks, and buses fueled by natural gas'' What are the key drivers of growth in the NGV market'' Which countries offer purchase incentives for NGVs'' What are the anticipated gas, diesel, and CNG prices in the coming years'' How large is the market for LNG trucks and buses and where are these most likely to be sold'' How many NGV refueling stations are expected to be operating by 2020'Who needs this report' ' Automotive OEMs' NGV Conversion/Upfitter Companies' Truck Body Manufacturers/Suppliers' Vehicle Component Suppliers' CNG Cylinder Manufacturers' Natural Gas Mining Companies' Natural Gas Utilities' Natural Gas Pipeline and/or Shipping Companies' Biogas (Landfill Gas) Producers' Government Agencies' Investor Community
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Market Data: Natural Gas Vehicles
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Market Data: Natural Gas Vehicles
Published on June 2013
Report Summary
Global Natural Gas Vehicle Sales and Refueling Infrastructure Forecasts: 2013-2020
The market for natural gas vehicles (NGVs) is gaining increased traction in many countries due to a combination of low-cost natural
gas and sustained higher prices for gasoline and diesel. NGVs are fueled by natural gas that has been either compressed (CNG) or
liquefied (LNG). While CNG vehicles span all vehicle weight classes, LNG vehicles are currently limited to heavy duty trucks because
of the size and cost of the storage equipment.
While the price of natural gas is contributing to growth in many different vehicle segments, from passenger cars to heavy duty
over-the-road trucks, other factors, such as increased vehicle availability, a shortage of oil refining capabilities, tightening emissions
restrictions, and increased energy security, are also fueling growth within specific countries. Navigant Research forecasts that the
number of NGVs on roadways worldwide will reach nearly 35 million by 2020.
This Navigant Research report provides global market data and forecasts for passenger cars, light duty trucks, and medium and
heavy duty trucks and buses. In addition to sales forecasts for vehicles and for refueling infrastructure extending through 2020, the
report examines key factors influencing growth in the NGV market, including economic forces, fuel prices, and overall automobile
market trends.
Key Questions Addressed:
' What are the growth forecasts for NGVs through 2020'
' What are the economic factors that will influence growth in the NGV market'
' Where are the largest markets for passenger cars, light, medium, and heavy duty trucks, and buses fueled by natural gas'
' What are the key drivers of growth in the NGV market'
' Which countries offer purchase incentives for NGVs'
' What are the anticipated gas, diesel, and CNG prices in the coming years'
' How large is the market for LNG trucks and buses and where are these most likely to be sold'
' How many NGV refueling stations are expected to be operating by 2020'
Who needs this report'
' Automotive OEMs
' NGV Conversion/Upfitter Companies
' Truck Body Manufacturers/Suppliers
' Vehicle Component Suppliers
' CNG Cylinder Manufacturers
' Natural Gas Mining Companies
' Natural Gas Utilities
' Natural Gas Pipeline and/or Shipping Companies
' Biogas (Landfill Gas) Producers
' Government Agencies
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' Investor Community
Table of Content
Table of Contents
1. Executive Summary
1.1 Market Assumptions
1.2 Market Forecasts
2. Market Assumptions
2.1 Background
2.2 Economic Assumptions
2.3 Fuel Prices
2.4 Vehicle Payback Period
2.5 Fuel Economy and Emissions Regulations
2.6 Natural Gas Supplies and Refueling Infrastructure
2.7 Government Incentives
3. Market Forecasts
3.1 Light Duty Vehicles
3.2 Medium/Heavy Duty Trucks and Buses
3.2.1 LNG Trucks
3.3 Natural Gas Refueling Infrastructure
3.4 Conclusions and Recommendations
4. Acronym and Abbreviation List
5. Table of Contents
6. Table of Charts and Figures
7. Scope of Study, Sources and Methodology, Notes
List of Charts and Figures
' Cumulative Natural Gas Vehicles in Use by Segment, World Markets: 2013-2020
' Fuel Price by Type, World Markets: 2013-2020
' Cumulative NGV Refueling Stations by Region, World Markets: 2012
' Annual Total Light Duty NGV Sales (Including Conversions) by Region, World Markets: 2013-2020
' Annual Total Light Duty NGV Sales (Including Conversions) by Vehicle Type, World Markets: 2013-2020
' Annual Total Natural Gas Bus and Truck Sales, World Markets: 2013-2020
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' Annual LNG Heavy Duty Truck Sales, World Markets: 2013-2020
' Cumulative NGV Refueling Stations by Region, World Markets: 2012-2020
List of Tables
' Examples of Natural Gas Payback Periods, Europe and United States: 2013
' Gross Domestic Product by Region, World Markets: 2013-2020
' Average Gasoline Price by Region, World Markets: 2013-2020
' Average Diesel Price by Region, World Markets: 2013-2020
' Average CNG Price by Region, World Markets: 2013-2020
' CNG as a Percentage of Gasoline Prices by Region, World Markets: 2013-2020
' Natural Gas Vehicle Incentives by Country, Europe: 2013
' Annual Light Duty Vehicle Sales by Region, World Markets: 2013-2020
' Annual Light Duty Vehicle Fleet/Commercial Sales by Region, World Markets: 2013-2020
' Cumulative Light Duty Vehicles by Region, World Markets: 2013-2020
' Annual NGV Sales by Region, World Markets: 2013-2020
' Growth Rate of Annual NGV Sales by Region, World Markets: 2013-2020
' Annual Passenger Car NGV Sales (Including Conversions) by Region, World Markets: 2013-2020
' Annual Light Duty Truck (GVW 10,000 Pounds or Less) NGV Sales (Including Conversions) by Region, World Markets: 2013-2020
' Annual Total Light Duty NGV Sales (Including Conversions) by Region, World Markets: 2013-2020
' LD NGV Share of Total Light Duty Vehicle Sales by Region, World Markets: 2013-2020
' Annual Medium Duty Natural Gas Bus Sales by Region, World Markets: 2013-2020
' Annual Heavy Duty Natural Gas Bus Sales by Region, World Markets: 2013-2020
' Annual Total Natural Gas Bus Sales by Region, World Markets: 2013-2020
' Annual Medium Duty (Class 3-6) Natural Gas Truck Sales by Region, World Markets: 2013-2020
' Annual Heavy Duty (Class 7-8) Natural Gas Truck Sales by Region, World Markets: 2013-2020
' Annual Total Natural Gas Truck Sales by Region, World Markets: 2013-2020
' Cumulative NGVs in Use by Segment, World Markets: 2013-2020
' Percentage of NGV Segments in Use, World Markets: 2013-2020
' Annual LNG Heavy Duty Truck Sales by Region, World Markets: 2013-2020
' LNG Percentage of Heavy Duty Natural Gas Truck Sales by Region, World Markets: 2013-2020
' LNG Percentage of Total Heavy Duty Truck Sales by Region, World Markets: 2013-2020
' Total Annual Medium Duty Truck and Bus Sales by Region, World Markets: 2013-2020
' Total Annual Heavy Duty Truck and Bus Sales by Region, World Markets: 2013-2020
' New NGV Refueling Stations by Region, World Markets: 2013-2020
' Cumulative NGV Refueling Stations by Region, World Markets: 2012-2020
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