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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

The global market for light-duty (LD) natural gas vehicles (NGVs)—including passenger cars, light-duty trucks and commercial vehicles—will experience a compound annual growth rate (CAGR) of 6.2% This level of sales results in a cumulative total of 25.4 Fleet sales of NGVs are growing at a rate of 10.8%

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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. billion—is already the third-largest vehicle market in the world, with annual sales exceeding 8.5 million vehicles in 2012.

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