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

Green Car Congress

In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% million LD NGVs sales in 2025. These include the availability of refueling infrastructure, tightening tailpipe emissions requirements, and total cost of ownership.

2015 150
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Navigant forecasts global natural gas fleet of 34.9M by 2020

Green Car Congress

Natural gas is about 41% the cost of gasoline, Navigant says, noting that compressed natural gas (CNG) equipment adds between 10% to 40% to the cost of the vehicle due to the CNG cylinders and engine equipment, while liquefied natural gas (LNG) adds 60% to 80% due to the more expensive storage tanks. million sales expected in 2013.

2020 321
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Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016

Green Car Congress

According to a new report from Pike Research, worldwide natural gas vehicle (NGV) sales will increase at a healthy pace over the next several years, rising from 1.9 million unit global NGV market which we forecast will expand at a compound annual growth rate (CAGR) of 7.9% million vehicles per year in 2010 to more than 3.2 to reach 19.9

2016 218
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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

Green Car Congress

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% Pike expects the CAGR for US NGV sales to be 17.7% million in 2008. Environmental benefits.

2015 268
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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

Green Car Congress

Pike Research forecasts that the NGV market will grow globally at a CAGR of 5.5% The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. Pike expects the CAGR for US NGV sales to be 17.7% million in 2008. to reach just over 3 million vehicles (including conversions) by 2015. Energy security.

2015 170
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MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. Globally, natural gas vehicles are a small fraction, on the order of 1%, of the close to 900 million vehicles in the vehicle parc.

MIT 299
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Surge in natural gas vehicles predicted

Green Cars News

It has also forecast that the market will grow globally at a rate of 5.5 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 per cent to reach just over three million vehicles by 2015.

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