Over the past years, there has been an ever-quickening drumbeat of grim news
over oil imports. Global dependence upon oil is a burning issue and India is
also not spared from its dependence on oil imports. This dependence on oil has
urged the concern towards rapid technological innovations and development that
seems to be more promising, both in terms of economy and environment concern.
Therefore, CNG fuel for vehicles represents a highly attractive segment. The use
of CNG in the transportation sector is primarily driven by the environmental and
public health imperatives. With a large number of Indian cities embarking for
cleaner fuel, CNG is gaining momentum in the Indian automobile market.
http://www.bharatbook.com/detail.asp?id=219353&rt=India-CNG-Vehicle-Market-Analysis.html
With a significant increase in the number of CNG vehicles, the CNG vehicle
market is witnessing a strong growth pattern. According to our latest report,
“India CNG Vehicle Market Analysis”, the CNG kit market worth around INR 16
Billion in FY 2011. And the market is likely to grow at a CAGR of around 22%
during FY 2011-2014 to reach around INR 30 Billion in FY 2014. Factors
contributing to this growth include increasing demand of more economical fuel
compared to conventional fuels and rising demand for environment-friendly fuel
to decrease intensifying pollution levels in cities in India. business market research reports
On the segment-wise analysis, our report finds that CNG autos have the majority
share in the total number of CNG-run vehicles in FY 2010. Buses, cars and light
commercial vehicles are also increasingly using this fuel. It was also observed
that Delhi and Maharashtra have the maximum number of CNG stations.
The report provides statistics on current market size, and also forecast CNG-run
vehicles’ sales (segment-wise) and CNG kit market. A prudent analysis on the
availability of CNG programs and initiatives has also been discussed in the
report. Recent drivers and trends with respect to the CNG vehicle market have
also been covered.
Providing an insight into the competitive landscape, the report discusses
profiles of major CNG vehicle and kit manufacturers. Overall, the report is
meant to provide a deep understanding of the CNG vehicle market to facilitate
the intending clients to be acquainted with all the necessary information.
Table of Contents :
1. Analyst View
2. Research Methodology
3. Indian Automobile Industry Overview
3.1 Production
3.2 Production Structure
3.3 Sales
3.4 Sales Structure
4. Emerging Trends and Drivers
4.1 Air Pollution: Major Driving Force for CNG Powered Vehicles
4.2 Increasing Crude Oil Prices Paving Way for Alternate Fuel Vehicles
4.3 Entry of OEMs in the CNG Vehicle Market
4.4 Availability of Finance at Competitive Rates
4.5 CNG Hybrid Buses: Innovation on Road
4.6 CNG Gate-way to Hydrogen Future - Hythane
List of Figures:
Figure 3-1: Automobile Production (Million Units), FY 2008 to FY 2011
Figure 3-2: Automobile Production by Segment (%), FY 2011
About the Author:
Bharat Book Bureau, the leading market research information aggregator provides
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