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CNG vehicle sales will grow, global hybrid sales will grow more by 2015

Saying that sales of hybrid and compressed natural-gas (CNG) vehicles will grow during the next few years is a bit of a “dog bites man” story, but at least one firm is willing to put some specific numbers on the tale.

Consumer research firm TechNavio is doing the honors, giving specific forecasts for sales of CNG vehicles in Europe as well as hybrid-electric vehicle batteries worldwide.

TechNavio predicts annual global hybrid battery sales will grow at a CAGR of 25.2 percent between 2011 and 2015. BYD, Panasonic and Sanyo will be among the leading producers during this time. As for CNG vehicles, sales in Europe will grow at a CAGR of 14 percent. Which companies will win here? TechNavio predicts that Fiat, Mercedes parent Daimler and Volkswagen will lead CNG vehicle production during that period. Find details on both of these reports below.

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Global Hybrid Electric Vehicle Battery Market 2011-2015

TechNavio’s analysts forecast the Global Hybrid Electric Vehicle (HEV) Battery market to grow at a CAGR of 25.2 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increased awareness of the need to reduce vehicle emissions. The Global HEV Battery market has also been witnessing increasing need for energy independence. However, limited performance of HEVs could pose a challenge to the growth of this market.

TechNavio’s report, the Global Hybrid Electric Vehicle Battery Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global HEV Battery market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this market space include Build Your Dream Co. Ltd., Optimum Battery Co. Ltd., Panasonic EV Energy Co. Ltd., and Sanyo Electric Co. Ltd. Other vendors mentioned in the report: Cobasys LLC, Ecity Power Co. Ltd., General Electronics Battery Co. Ltd., Powerson Power Supply (Shanghai) Co. Ltd., Howell Energy Co. Ltd., Tianneng Power International Ltd., Great Power Battery Co. Ltd., DLG Battery (Shanghai) Co. Ltd., Cogent International, and Delta Batteries.

Key questions answered in this report:

  • What will the market size be in 2015 and at what rate will it grow?
  • What key trends is this market subject to?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the opportunities and threats faced by each of these key vendors?
  • What are the strengths and weaknesses of each of these key vendors?

You can request one free hour of analyst time when you purchase this report. Details provided within the report.

CNG Vehicle Market in Europe 2011-2015

TechNavio’s analysts forecast the CNG Vehicle market in Europe to grow at a CAGR of 14.01 percent in terms of units sold over the period 2011-2015. One of the key factors for this growth is the increasing oil consumption in Europe. The CNG Vehicle market in Europe has also been witnessing the rising demand for bi-fuel vehicles that can run on CNG as well as gasoline. However, lack of proper infrastructure is acting as a barrier to the market’s growth.

TechNavio’s report, the CNG Vehicle Market in Europe 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the CNG Vehicle market in the Europe landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. The scope of this report includes the market for CNG vehicles.

Key vendors dominating this market space include Fiat S.p.A., Daimler AG, Adam Opel AG, and Volkswagen AG.

Other vendors mentioned in the report: SEAT S.A., Audi AG, Volvo AB, Saab Automobile AB, Industrial Vehicle Corp., MAN Truck and Bus AG, Van Hool NV, and Scania AB.

Key questions answered in this report:

  • What will the market size be in 2015 and at what rate will it grow?
  • What key trends is this market subject to?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the opportunities and threats faced by each of these key vendors?
  • What are the strengths and weaknesses of each of these key vendors?

You can request one free hour of analyst time when you purchase this report. Details provided within the report.

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