article thumbnail

Navigant forecasts global natural gas fleet of 34.9M by 2020

Green Car Congress

The differential in the cost of the fuels determines the payback on this additional equipment (currently between 2.5 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.

2020 321
article thumbnail

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% However, the collapse in global oil prices has eroded a significant portion of the natural gas cost advantage. million vehicles in 2015 to 3.9 million in 2025. of all LDVs.

2015 150
article thumbnail

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% The global market for LD NGVs varies significantly depending on the region and country. between 2012 and 2019, reaching 3.2

2019 311
article thumbnail

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

Green Car Congress

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
article thumbnail

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% The fuel, vehicles, and repair technicians have to be readily available or the market will not grow. million in 2008.

2015 268
article thumbnail

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

Green Car Congress

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 207
article thumbnail

HEI: 95%+ of world’s population live in areas of unhealthy air

Green Car Congress

Seven billion people, more than 95% of the world’s population, lived in areas exceeding the WHO Guideline for healthy air in 2016, according to a new global study. State of Global Air 2018. State of Global Air 2018. State of Global Air 2018. Fifty-eight percent lived in areas with PM 2.5 Worldwide exposure to PM 2.5

Pollution 218