Natural Gas Vehicles - A World Market Intelligence Report
Growth in the world natural gas vehicles (NGVs) market stems from rising concern for the environment, public health, sky rocketing fossil fuel prices, and the need to attain national self-sufficiency in meeting energy requirements. With several countries encouraging migration from conventional vehicles to alternative fueled vehicles, there exist ample opportunities for growth in this market. Technology developments and engineering breakthroughs in clean fuel vehicles are together helping NGVs gain deeper market penetration and widespread market acceptance. As NGVs move up the technology lifecycle, prices and costs are expected to soften, making them more affordable over diesel vehicles. The establishment of chain refueling stations, and development of refueling infrastructure in most markets additionally strengthens the business case for NGVs by allowing for easy accessibility to refueling stations.These and other market data and trends are presented in "Natural Gas Vehicles: A World Market Intelligence Report" by BizAcumen, Inc. Our reports are designed to be most comprehensive in geographic coverage and vertical market analyses.
Published on: Mar 3, 2016
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