Global Automotive CNG and LPG Kits Market - Rising Concerns Pertaining to Air Pollution Leading to Growing Adoption of CNG & LPG - Research and Markets

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Aug 03, 2016, 12:10 ET

DUBLIN, August 3, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Automotive CNG and LPG Kits Market By Vehicle Type, By Demand Category, By CNG Vs LPG, Forecast and Opportunities, 2011-2021" report to their offering.

According to this research report, with a global CNG & LPG vehicle fleet size of 50 million in 2015, the global market for automotive CNG & LPG kits is forecast to grow at CAGR of over 8%, during 2016 - 2021.

Rising concerns pertaining to air pollution is leading to growing adoption of Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) or Auto Gas, as substitutes for traditional vehicle fuel in passenger cars, commercial vehicles, three-wheelers, etc., worldwide. Increasing environmental concerns and cost-effectiveness of alternative fuels as compared to conventional fuels is propelling demand for automotive CNG & LPG kits across the globe.

Governments across various countries have implemented policies for reducing vehicle air pollution and boosting adoption of eco-friendly CNG & LPG vehicles. This is expected to drive demand for automotive CNG & LPG kits from OEM and aftermarket segments over the next five years.

Why You Should Buy This Report?

To gain an in-depth understanding of global automotive CNG & LPG kits market
To identify the on-going trends and segment wise anticipated growth in the coming years
To help industry consultants, CNG & LPG vehicle companies and other stakeholders align their market-centric strategies
To obtain research based business decision and add weight to presentations and marketing material
To gain competitive knowledge of leading players

Companies Mentioned:

AC Spolka Akcyjna
Atiker MetaI Inc.
Cummins Westport Inc.
Fiat Chrysler Automobiles N.V.
Ford Motor Company
General Motor Company
Honda Motor Co., Ltd.
Hyundai Motor Company
KION Group AG
Landi Renzo S.p.A.
Lovato Gas S.p.A.
M.T.M. S.R.L. (BRC)
Nikki Co., Ltd.
Renault SA
Suzuki Motor Corporation
Tata Motors Limited
Tomasetto Achille Spa
Toyota Motor Corporation
Volkswagen
Volvo AB

Key Topics Covered:

1. Research Methodology

2. Product Overview

3. Analyst View

4. Global Automotive CNG & LPG Kits Market Outlook

5. Global Passenger Car (PC) CNG & LPG Kits Market Outlook

6. Global Light Commercial Vehicle (LCV) CNG & LPG Kits Market Outlook

7. Global Medium & Heavy Commercial Vehicle (M&HCV) CNG & LPG Kits Market Outlook

8. Global Three Wheeler (3W) CNG & LPG Kits Market Outlook

9. Asia-Pacific Automotive CNG & LPG Kits Market Outlook

10. Europe & CIS Countries Automotive CNG & LPG Kits Market Outlook

11. Middle East & Africa Automotive CNG & LPG Kits Market Outlook

12. South America Automotive CNG & LPG Kits Market Outlook

13. North America Automotive CNG & LPG Kits Market Outlook

14. Market Dynamics

15. Market Trends & Developments

16. Competitive Landscape

17. Strategic Recommendations

For more information visit http://www.researchandmarkets.com/research/p78zkq/global_automotive

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets