Opportunities and Challenges in a Competitive MarketThis research covers alternative fuels and the various technologies that can play a role in their survival in the passenger vehicles market in North America. It examines what powertrain technologies are dominant in the alternative fuel space, propelling the overall growth of the market in the region. This study also contains OEM-level understanding of the market, and a clear overview of the market dynamics. The analysis covers sales number forecasts for 2012 through 2020, passenger vehicle growth with a specific emphasis on the short-term growth, and examines the trends that drive adoption in the market. A broad overview of the shale gas market is offered, with an understanding of the impact it will have on the market for all powertrains.Key Findings'The top 3 OEMs for the global compressed natural gas (CNG) and liquid petroleum gas (LPG) vehicle production are Honda, Ford, and GM. By 2020, Ford and Fiat-Chrysler are estimated to gain xxxx% of the North American CNG and LPG market share.'It is expected that approximately xx-xx% of global vehicle unit shipments will be alternative fuel vehicles moving towards 2020.'An estimated xxmillion global vehicles run on natural gas'this includes passenger and commercial vehicles.'In the North American region, the availability of natural gas reserves provides greater opportunity for unit shipment of natural gas vehicles (NGV), as the cost of fuel is lower than $xx per gallon and reduces the concern of floating fuel prices in the case of gasoline and diesel.'Government support in terms of financial aid for research facilities is expected to play a major role in driving the acceptance of alternative fuel vehicles.'Around xx CNG refuelling stations andxx LPG fuelling stations are expected to be part of the xxalternative fuel stations in the region.'Recent discoveries of Shale in the US and Canada are expected to have a high impact on the price of natural gas; this revolution is expected to bring the cost of natural gas down to 1/3rd the cost of gasoline.'OEMs are expected to have a xx-xxxx% CAGR for LPG/CNG vehicles towards 2020, and this would mean the introduction of more vehicle modes to meet growing demand.'OEMs such as Honda will continue dominance on CNG, while other OEMs look at increasing the full alternative fuel vehicle portfolio.'Toyota, along with other OEMs, are expected to introduce a duel system for hybrids as that would help double fuel efficiency.
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Analysis of the North American Compressed Natural Gas (CNG) and Liquid Petroleum Gas (LPG) for Passenger Vehicles Market
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Analysis of the North American Compressed Natural Gas (CNG) and
Liquid Petroleum Gas (LPG) for Passenger Vehicles Market
Published on October 2013
Report Summary
Opportunities and Challenges in a Competitive Market
This research covers alternative fuels and the various technologies that can play a role in their survival in the passenger vehicles
market in North America. It examines what powertrain technologies are dominant in the alternative fuel space, propelling the overall
growth of the market in the region. This study also contains OEM-level understanding of the market, and a clear overview of the
market dynamics. The analysis covers sales number forecasts for 2012 through 2020, passenger vehicle growth with a specific
emphasis on the short-term growth, and examines the trends that drive adoption in the market. A broad overview of the shale gas
market is offered, with an understanding of the impact it will have on the market for all powertrains.
Key Findings
'The top 3 OEMs for the global compressed natural gas (CNG) and liquid petroleum gas (LPG) vehicle production are Honda, Ford,
and GM. By 2020, Ford and Fiat-Chrysler are estimated to gain xxxx% of the North American CNG and LPG market share.
'It is expected that approximately xx-xx% of global vehicle unit shipments will be alternative fuel vehicles moving towards 2020.
'An estimated xxmillion global vehicles run on natural gas'this includes passenger and commercial vehicles.
'In the North American region, the availability of natural gas reserves provides greater opportunity for unit shipment of natural gas
vehicles (NGV), as the cost of fuel is lower than $xx per gallon and reduces the concern of floating fuel prices in the case of gasoline
and diesel.
'Government support in terms of financial aid for research facilities is expected to play a major role in driving the acceptance of
alternative fuel vehicles.
'Around xx CNG refuelling stations andxx LPG fuelling stations are expected to be part of the xxalternative fuel stations in the region.
'Recent discoveries of Shale in the US and Canada are expected to have a high impact on the price of natural gas; this revolution is
expected to bring the cost of natural gas down to 1/3rd the cost of gasoline.
'OEMs are expected to have a xx-xxxx% CAGR for LPG/CNG vehicles towards 2020, and this would mean the introduction of more
vehicle modes to meet growing demand.
'OEMs such as Honda will continue dominance on CNG, while other OEMs look at increasing the full alternative fuel vehicle portfolio.
'Toyota, along with other OEMs, are expected to introduce a duel system for hybrids as that would help double fuel efficiency.
Table of Content
Table of Contents
Executive Summary
Research Scope, Objectives, Methodology, and Background
Definitions and Segmentation
Market Overview
Analysis of the North American Compressed Natural Gas (CNG) and Liquid Petroleum Gas (LPG) for Passenger Vehicles Market (From Slideshare)
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Mega Trends and Industry Convergence Implications
Total CNG and LPG Passenger Vehicles Market
External Challenges: Drivers and Restraints
Forecast and Trends
Regulatory Overview
North America Overview, CNG, and LPG
Impact of Shale Gas
Fuel Overview of CNG and LPG in North America
Aftermarket Conversion Kit Suppliers
OEM Profile
Conclusions and Future Outlook
Appendix
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