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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. This market is also home to two of the largest NGV markets in the world: Argentina and Brazil (combined, they account for 25% of total NGVs.

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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. Light-duty NGVs are not readily available in North America and parts of Asia, and are, in many cases, completely unavailable to private owners, the report notes.

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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. Pike Research forecasts that the NGV market will grow globally at a CAGR of 5.5% to reach just over 3 million vehicles (including conversions) by 2015. Pike Research anticipates India will be the fastest-growing NGV market with a CAGR of 18.4%

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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

More than 70% of all NGVs and one-half of all fuelling stations can be found in just five countries: Pakistan, Iran, Argentina, Brazil and India. The IEA report notes that natural gas vehicles (NGVs) presently account for less than 1% of total world road-fuel consumption and less than 1% of total world gas demand.

MIT 299
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Micro-components in EVs: small dimensions and tight tolerances (Whitepaper) – Charged EVs

Baua Electric

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