CLASS 8 TRUCK NATURAL GAS ENGINE MARKET

INTRODUCTION

For companies operating vocational trucks, natural gas engines are a perfect choice. Similar to diesel engines, natural gas engines can provide torque and power ratings.

Natural gas engines provide a number of advantages over diesel engines, including reduced air pollution, quieter operation, and require less volatile and inexpensive fuel.

CLASS 8 TRUCK NATURAL GAS ENGINE MARKET SIZE AND FORECAST

The Class 8 truck natural gas engine market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

CLASS 8 TRUCK NATURAL GAS ENGINE MARKET DYNAMICS AND PRODUCT DEVELOPMENT

A contract between Omnitek Engineering Corp. and a European client calls for the company to use its proprietary technology to create a heavy-duty, 13-litre natural gas engine for Class 8 vehicles and certify it to EURO 6 emissions requirements.

The beginning of the truck demonstration programme was announced by American Power Group Corporation.

Class 8 truck drivers have the opportunity to use APG's V6000 Dual Fuel Technology in the programme during their regular routes and operations.

When using a natural gas and diesel fuel blend, drivers will still get the same performance as from a diesel engine, and operators will save a lot on fuel. 

A factory-built version of a heavy-duty truck engine that runs on inexpensive, clean-burning natural gas is the Cummins ISX12 G, which is certified as a Class 8 Heavy-Duty Truck Engine.

The ISX12 G is a true powerhouse with a high power-to-weight ratio and 700 lb-ft (949 N•m) of clutch engagement torque that allows for the usage of either compressed natural gas or liquefied natural gas.

COMPANY PROFILE

• Cummins Inc.
• Volvo Trucks
• Nat G CNG Solutions, LLC.
• American Power Group Corporation
• Nat G Solutions

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perClass 8 truck natural gas engine marketright now and how will it change in the next 5-6 years?
2. Average cost to set up aClass 8 truck natural gas engine marketin the US, Europe and China?
3. How manyClass 8 truck natural gas engine marketsare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aClass 8 truck natural gas engine marketand key vendor selection criteria
6. Where is theClass 8 truck natural gas engine market manufactured? What is the average margin per equipment?
7. Market share ofClass 8 truck natural gas engine marketmanufacturers and their upcoming products
8. The most important plannedClass 8 truck natural gas engine marketin next 2 years
9. Details on network of majorClass 8 truck natural gas engine marketand pricing plans
10. Cost advantage for OEMs who manufactureClass 8 truck natural gas engine marketin-house
11. 5 key predictions for next 5 years inClass 8 truck natural gas engine market
12. Average B-2-BClass 8 truck natural gas engine marketprice in all segments
13. Latest trends inClass 8 truck natural gas engine market, by every market segment
14. The market size (both volume and value) ofClass 8 truck natural gas engine marketin 2022-2030 and every year in between?
15. Global production breakup ofClass 8 truck natural gas engine market, by suppliers and their OEM relationship