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The light and heavy duty natural gas vehicle market size has the potential to grow by 251.43 thousand units during 2020-2024, and the market's growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by application (light-duty NGV and heavy-duty NGV) and geography (APAC, North America, Europe, South America, and MEA). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including AB Volvo, CNH Industrial NV, Cummins Inc., Daimler AG, General Motors Co., MAN SE, Navistar International Corp., PACCAR Inc., Renault SA, and Volkswagen AG.
Browse TOC and LoE with selected illustrations and example pages of Light and Heavy Duty Natural Gas Vehicle Market
The market has a considerable number of natural gas vehicle manufacturers and is fragmented. Market players that have a wide product portfolio and an enhanced geographical presence currently dominate the market. AB Volvo, CNH Industrial NV, and Cummins Inc. are some of the major market participants. Although the increasing focus on emission reduction will offer immense growth opportunities, the high cost of heavy-duty NGVs will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this light and heavy duty natural gas vehicle market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this light and heavy duty natural gas vehicle market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application by Volume
Customer landscape
Geographic Landscape by Volume
Vendor Landscape
Vendor Analysis
Appendix
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