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Automotive Natural Gas Vehicle Market Size and Prediction by Leading Manufacturers According to Its Application and Types Till 2027
Automotive Natural Gas Vehicle Market - Overview
A natural gas vehicle (NGV) is a vehicle that runs on alternative fuels, like compressed natural gas (CNG) and liquefied natural gas (LNG). In natural gas powered vehicle, power is being generated by combustion of methane (CH4) and oxygen (O2) into carbon di oxide (CO2) and water (H2O). Natural gas are generally used in buses, trucks, cars and bikes. The handling cost of natural gas vehicle is higher than that of petrol and diesel because it requires special tank for storage. Due to the increase in prices and depletion of crude oil resources, many countries have started initiating to increase the production and use of natural gases in commercial transportation. Cost of natural gases is lesser than that of petrol and diesel and it is also available abundantly. Natural gas vehicles are good for environment as they emits less carbon di oxide and nitrogen gas. Governments of many countries has taken initiative to educate people about the natural gas vehicles and its benefits.
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Automotive Natural Gas Vehicle Market - Drivers and Restraints
In the present scenario the market penetration of the natural gas vehicle is less, because the average price of NGV is higher than that of petrol diesel vehicle. Due to the scarcity of fossil fuel resources in future it is expected that the market penetration of the natural gas vehicles will increase globally. Demand of vehicles is increasing day by day as per capita income of people is increasing, but the petrol and diesel sources are depleting with it, this is also a major reason for continuous increase in prices of petrol and diesel from past 8-10 years. It gives opportunity for the natural gas vehicles. Original equipment manufacturers (OEM’S) are generally promoting their products to increase the demand of the NGV by displaying their high fuel efficiency and ecofriendly behavior
Improper fueling infrastructure, requires high cost for storing these gases and customized storage tanks as they are highly pressurized gases. Global automotive natural gas vehicle market is expected to show significant growth during the forecast period.
Automotive Natural Gas Vehicle Market - Segmentation
Automotive natural gas vehicles market is segmented based upon fuel type, vehicle type and region. According to the fuel type automotive natural gas vehicle market is bifurcated into compressed natural gas (CNG) and liquefied natural gas (LNG). CNG is easier to produce and can be created at individual fueling stations to be easily dispensed to fleet vehicles that can use either modified gasoline or diesel engines or CNG-specific engines. LNG is an excellent way to transport large volumes of natural gas. On the Basis of Vehicle type NGV is bifurcated on Passenger vehicles and commercial vehicles. Passenger vehicles are further divided into Hatchback, sedan and SUV/MUV, passenger vehicles is having major market share in NGV’s as the demand of passenger vehicles are high.
Asia pacific is having stringent rules for carbon emissions, growing automobile production. Demand for natural gas is very significant for commercial vehicle segment in Asia pacific. India and china are among the top 10 countries in automobile production. These countries are also having very good fuel infrastructure, the number has also increased in NGV’S in Asia pacific by from 2016-2018. Europe is having high demand for natural gas that arises from trucks and bus segments. The government policies, subsidies, increasing petrol and diesel prices, stringent pollution rules are the boost in demand for automotive natural gas vehicle in Europe. North America has seen a decent growth in the numbers for NGV’S. U.S.A is among the top 5 automobile production counties in the world it has the most share in North American region for the sales of NGV’S.
Automotive Natural Gas Vehicle Market - Key Players
Key players for automotive natural gas vehicle market are Ford motors, Peugeot, Volvo, BMW, Proton, Opel, Mercedes, Volkswagen and general motors etc. Volvo FH LNG runs on liquefied natural gas – LNG. As a result it emits 20% less CO2 than a regular Volvo FH. It can reduce carbon di oxide (CO2) emission by 100%.Mercedes b 200 natural gas drive has ability of emitting 16% er CO2 than that of petrol and diesel version, and fuel costs which are some 50 percent below those of a comparable petrol-powered car.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
Customer Experience Maps
Insights and Tools based on data-driven research
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
North America
Asia Pacific
Europe
Latin America
The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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This report studies the global Car Rental market, analysers Car Rental development status and forecast in United States, EU, Japan, China, India and Southeast Asia. The report presented a comprehensive research study that explores key aspects of the global Car Rental Service Market, including market dynamics, segmentation, competition, and regional growth. Each section of the report reveals critical information about the global Car Rental Service market that could be used to ensure strong growth in the coming Five years. The global market size of Car Rentals Service is $79,653 million in 2015, and is expected to reach $164,340 million by 2022, growing at a CAGR of 11.6% from 2018 to 2022.
This report focuses on the top players in global market, like Avis, Enterprise, Dollar Thrifty Automotive Group, Europ car, Volkswagen Leasing, ShouQi, eHi Car Service. This Report Cover the Market segment by Regions/Countries, United States EU Japan China India Southeast Asia Market segment by Type, the product can be split into Economy Executive Luxury MUV SUV Other Market segment by Application.
A car rental, hire car, or car hire agency is a company that rents automobiles for short periods of time, generally ranging from a few hours to a few weeks. It is often organised with numerous local branches (which allow a user to return a vehicle to a different location), and primarily located near airports or busy city areas and often complemented by a website allowing online reservations.
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There are 3 key segments covered in this report:
Geography segment
End use/application segment
Competitor segment.
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023.
This report covers following regions:
North America
South America
Asia & Pacific
Europe
MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For end use/application segment, this report focuses on the status and outlook for key applications. End users also can be listed.
For competitor segment, the report includes global key players of Car Rentals Service as well as some small players.
Top Companies Include:
Avis, Enterprise, Dollar Thrifty Automotive Group, Europcar, Volkswagen Leasing, ShouQi, eHi Car Service, Nissan, Toyota, Times Mobility Networks et al.
The information for each competitor includes:
Company Profile
Main Business Information
SWOT Analysis
Sales, Revenue, Price and Gross Margin
Market Share
For special requirements, mail us at [email protected] we will customize the report as per your needs.
Table of Content
Chapter 1: Overview of Global Car Rentals Service Market (2013-2025)
• Definition
• Specifications
• Classification
• Applications
• Regions
Chapter 2: Market Competition by Players/Suppliers 2013 and 2018
• Manufacturing Cost Structure
• Raw Material and Suppliers
• Manufacturing Process
• Industry Chain Structure
Chapter 3: Sales (Volume) and Revenue (Value) by Region (2013-2018)
• Sales
• Revenue and market share
Chapter 4, 5 and 6: Global and United States Car Rentals Service Market by Type, Application & Players/Suppliers Profiles (2013-2018)
• Market Share by Type & Application
• Growth Rate by Type & Application
• Drivers and Opportunities
• Company Basic Information
Chapter 7, 8 and 9: Global and United States Car Rentals Service Manufacturing Cost, Sourcing & Marketing Strategy Analysis
• Key Raw Materials Analysis
• Upstream Raw Materials Sourcing
• Marketing Channel
Chapter 10 and 11: Car Rentals Service Market Effect Factors Analysis and Market Size (Value and Volume) Forecast (2018-2025)
• Technology Progress/Risk
• Sales Volume, Revenue Forecast (by Type, Application & Region)
Chapter 12, 13, 14 and 15: Global and United States Car Rentals Service Market Research Findings and Conclusion, appendix and data source
• Methodology/Research Approach
• Data Source (Secondary Sources & Primary Sources)
• Market Size Estimation
Find answers to the following questions in this report :
Q.1. What are some of the most favorable, high-growth prospects for the global Shower Kits market?
Q.2. Which products segments will grow at a faster rate throughout the forecast period and why?
Q.3. Which geography will grow at a faster rate and why?
Q.4. What are the major factors impacting market prospects? What are the driving factors, restraints, and challenges in this Shower Kits market?
Q.5. What are the challenges and competitive threats to the market?
Q.6. What are the evolving trends in this Shower Kits market and reasons behind their emergence?
Q.7. What are some of the changing customer demands in the Shower Kits Industry market?
Q.8. What are the new growth prospects in the Shower Kits market and which competitors are showing prominent results in these prospects?
Q.9. Who are the leading pioneers in this Shower Kits market? What tactical initiatives are being taken by major companies for growth?
Q.10. What are some of the competing products in this Shower Kits market and how big of a threat do they pose for loss of market share by product substitution?
Q.11. What M&A activity has taken place in the historical years in this Shower Kits market?
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Research Reports Inc offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries around the globe. Research Reports Inc. understands how imperative numerical surveying knowledge is for your management. Therefore, we have associated with the leading publishers and research firms all specially designed in specific domains, ensuring you will receive the most devoted data available.
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Top 10 SUV in India 2018
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Top 10 SUV in India 2018
Just before we enter the new financial year, many potential car buyers browse through the deals. It is one of the periods when manufacturers and dealer offer discounts to clear off last year manufactured stock and also to quickly sell the current generation vehicle before a facelift arrives. We bring you the 10 biggest discounts on SUVs and MUVs that are available in the Indian market this month.
Renault Duster
Discount up to Rs. 30,000
The Renault Duster has been around for a while now. The compact SUV will be replaced with an all-new model this year. Renault is offering up to Rs. 30,000 discount on the Duster at the moment. The discount is available on the MY2018 cars. Renault is offering free first-year insurance with Rs. 10,000 exchange bonus. There is an additional corporate discount of Rs. 5,000 too. All the variants are available with the discount except the CVT automatic model.
Nissan Terrano
Discount up to Rs. 50,000
The Nissan Terrano is the rebadged version of the Renault Duster. It is a more premium version of the Duster and is due for an update this year. The compact SUV is available with a cash discount of Rs. 25,000 with free insurance for the first year. The manufacturer is also offering a flat 7.99% interest rate and additional Rs. 12,000 bonus for the government employees.
Mahindra TUV 300
Discount up to Rs. 35,000
The Mahindra TUV 300 is available at a discount of up to Rs. 40,000 depending on the variant. Mahindra is offering accessories or cash discount of Rs. 11,500. There is free fourth year extended warranty too. Additionally, if you exchange your vehicle, you get Rs. 20,000 exchange bonus.
Mahindra Scorpio
Discount up to Rs. 35,000
Mahindra Scorpio is one popular SUV in the market. To further boost the sales, Mahindra is currently offering free third year extended warranty, Rs. 5,000 accessory or cash discount and Rs. 15,000 exchange bonus for the people who are exchanging their old vehicles.
Mahindra XUV 500
Discount up to Rs. 40,000
The Mahindra XUV 500 is also expected to get a facelift this year. Mahindra dealers are offering good discounts on the flagship vehicle. There is a free 4th year extended warranty on the vehicle and a cash discount or accessories of Rs. 13,500. You also get Rs. 15,000 as exchange bonus too. Additionally, there is a corporate discount of Rs. 10,000.
Honda BR-V
Discount up to Rs. 35,000
Honda BR-V is a rugged 7-seater SUV that goes against the likes of Maruti Ertiga but the vehicle has not made it big in the sales chart yet. The BR-V is currently available with a cash discount or accessories of up to Rs. 23,000. Honda is also offering free first-year insurance to the buyers.
Honda CR-V
Discount up to Rs. 1 lakh
The Honda CR-V will be replaced by an all-new model later this year. The soft-roader, which is Honda’s flagship SUV, gets a Rs. 1 lakh discount. Currently, the CR-V is offered with 2 petrol engines, both of them naturally aspirated.
Renault Lodgy
Discount up to Rs. 65,000
The Renault Lodgy MUV is based on the Duster platform. The car is available at a maximum discount of Rs. 65,000. There is a cash discount of Rs. 30,000 plus an exchange bonus of Rs. 30,000. The insurance can be availed at only Re. 1. Customers also get a corporate discount of Rs. 7,000.
Maruti Ertiga
Discount up to Rs. 75,000
The Maruti Ertiga will also get an all-new model this year. The current model is one of the best selling MUVs in India. Maruti is currently offering up to Rs. 75,000 discount on the diesel Ertiga variants. The petrol variants get lower discounts.
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