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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. Asia Pacific leads in terms of annual sales of NGVs, with 1.2 million sales expected in 2013.

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

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Conversely, in Pakistan, Argentina, Brazil, Iran, and India—the top five markets for NGVs—there are a variety of light-duty NGVs available. In most regions, the use of natural gas as a transportation fuel is for the purpose of reducing the usage of imported crude oil or imported refined gasoline. Availability.

2015 268
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MIT and IEA reports take different views of the future of natural gas in transportation

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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. emissions are reduced by around 25% relative to the use of gasoline for the same engine efficiency.

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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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This area will likely remain focused on the fleet markets (such as municipal vehicles), with medium- and heavy-duty gas vehicles—particularly for local applications, including refuse trucks, delivery vehicles, and transit buses that operate out of centralized depots—being the dominant applications.

2015 150
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Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016

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Iran and Pakistan are expected to rank second and third, respectively. CAGR) as NGVs spread in the fleet and consumer markets; overall, however, NGVs will remain a small percentage of the market as China’s government is expected to continue to focus on electrification. China will see strong growth (20.8%

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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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

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The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. This rapid expansion will largely be due to the availability of refueling stations and the growth of government emissions rules in large cities in India. Pike Research anticipates India will be the fastest-growing NGV market with a CAGR of 18.4%

2015 170