Due to government investment and existing infrastructure, Asia Pacific is the strongest region for the heavy-duty segment. About three-quarters of the total natural gas trucks and buses are being sold in this region, a level that is not anticipated to change over the next several years. Europe and North America are also projected to see strong growth due to the high costs of diesel fuel and increasingly strict government emissions restrictions.
The report also provides a comprehensive assessment of fuel availability, demand drivers, policy factors, and technology issues associated with the growth of these vehicles. Key industry players are profiled in depth, and worldwide NGV sales, vehicle segment sales and cumulative refueling station availability are forecasted through 2019.
Source: Pike Research