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

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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% Light-duty NGVs typically run on compressed natural gas (CNG) because the tanks. between 2012 and 2019, reaching 3.2

2019 311
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Navigant forecasts global natural gas fleet of 34.9M by 2020

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Other factors, such as increased vehicle availability, a shortage of oil refining capabilities, tightening emissions restrictions, and increased energy security, are also fueling growth within specific countries. The differential in the cost of the fuels determines the payback on this additional equipment (currently between 2.5

2020 321
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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% Navigant forecasts that the number of light-duty NGVs on the world’s roads will double by 2025 to 39.6 million vehicles in 2015 to 3.9 million in 2025. of all LDVs.

2015 150
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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

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A new report from Pike Research forecasts that the global natural gas vehicle (NGV) sector is poised for a new period of growth. Globally, Pike Research forecasts that the NGV market will grow at a CAGR of 5.5% Globally, Pike Research forecasts that the NGV market will grow at a CAGR of 5.5% Availability. million in 2008.

2015 268
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Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016

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million unit global NGV market which we forecast will expand at a compound annual growth rate (CAGR) of 7.9% The growth in vehicles will lead to growth in usage of natural gas for transportation fuel, which Pike expects to reach 19,123 million cubic meters of gas globally (6.7% million vehicles per year in 2010 to more than 3.2

2016 218
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IEA working paper highlights potential role of natural gas in reducing global road transport CO2

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The global natural gas vehicle fleet has grown rapidly in the last 10 years, but still represents less than 1% of global transport fuel consumption. The global fleet of NGVs consists largely of passenger cars/LDVs, although there are some regional differences. Click to enlarge. gas sources, such as biogas or bio-synthetic gas.

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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

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The Paris Agreement looks to limit global warming to under 2 ËšC, with a more ambitious goal of 1.5 ËšC If the emissions gap is not closed by 2030, the report says, it is extremely unlikely that the goal of holding global warming to well below 2 ËšC can still be reached. GtCO 2 /year (light duty vehicles) by 2030.