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CNG Vehicle Market in Europe 2012-2016

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Published By » Technavio
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TechNavio's analysts forecast the Compressed Natural Gas (CNG) Vehicle market in Europe to grow at a CAGR of 16.84 percent over the period 2012-2016. One of the key factors contributing to this market growth is the cost benefits associated with the use of CNG. The CNG Vehicle market in Europe has also been witnessing technological advancements from original equipment manufacturers (OEM) and conversion of CNG vehicles. However, competitive pressure from alternative fuel vehicles could pose a challenge to the growth of this market. TechNavio's report, the CNG Vehicle Market in Europe 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The... Click here for more details


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