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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

Green Car Congress

Conversely, in Pakistan, Argentina, Brazil, Iran, and India—the top five markets for NGVs—there are a variety of light-duty NGVs available. Governments, fleet managers, and consumers are increasingly recognizing the environmental benefits of lower emissions from natural gas vehicles. Availability.

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Pike Research forecasts annual global sales of light-duty natural gas vehicles to reach 3.2M in 2019

Green Car Congress

Although Pakistan also has a large fleet of NGVs, its market has been volatile as the government looks to reduce strains on the country’s NG supplies, according to the report. market largely consists of fleet purchasers rather than individual consumers. Fleet sales of NGVs are growing at a rate of 10.8%

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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

Green Car Congress

The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. Despite growth of the market as a whole, the US NGV market is expected to remain dominated by fleet sales to government and commercial customers (89% of sales in 2015). to reach just over 3 million vehicles (including conversions) by 2015.

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Surge in natural gas vehicles predicted

Green Cars News

Currently, the top five markets for natural gas vehicles are Pakistan, Argentina, Iran, India and Brazil with Pike Research anticipating that India will be the fastest growing market at a rate of 18.4 It has also forecast that the market will grow globally at a rate of 5.5 per cent to reach just over three million vehicles by 2015.

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MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

While compressed natural gas (CNG) will play a role, particularly for high-mileage fleets, the report suggests that the chemical conversion of gas into some form of liquid fuel may be the best pathway to significant market penetration. MIT: leaning toward conversion for light-duty vehicles. These include short-range, heavy-duty vehicles (e.g.,

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