Europe CNG Vehicle Market 2024-2030

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    EUROPE CNG VEHICLE MARKET

     

    INTRODUCTION

    Natural gas vehicles (NGVs) can be solely powered by natural gas, or they can be bi fuel, operating on either natural gas or gasoline, or natural gas and diesel. Because the majority of natural gas engines are spark-ignited, the most common bi-fuel combination is natural gas and gasoline.

     

    The technique utilized to ignite the fuel in the engine cylinders, the air-fuel ratio, the compression ratio, and the consequent performance and emissions characteristics can all change across natural gas engine technology.

     

    Natural gas has a high-octane rating, allowing for more power in spark-ignition engines. Natural gas, on the other hand, takes up more space in the engine cylinder than gasoline.

     

    Due to an increase in pollution from conventional liquid fuel-powered automobiles, alternative fuels with comparable performance became viable candidates to be utilized as alternatives in short and long-term plans.

     

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    In terms of environmental and energy security, alternative fuels are projected to replace conventional fuels in the future years. While the transportation sector’s future trend is toward electric cars, a quantum leap is improbable owing to current infrastructure and resources.

     

    There is a need for an alternate transitional fuel that can lead to zero-carbon emission goals for the twenty-first century. As a result, natural gas has become the dominant energy source. Natural gas resources are thought to be huge, with massive recoverable reserves all over the planet.

     

    Despite the large amount of recoverable gas accessible across the world, there are technological obstacles that must be overcome during the gas production process. Recent technological advancements, such as hydraulic fraction and horizontal drilling, are frequently used to address the difficulties.

     

    EUROPE CNG VEHICLE MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 LADA produced 10 thousand of bi-fuel CNG vehicles LADA CNG models use both gasoline and compressed natural gas methane as a fuel. This type of fuel is the most environmentally friendly and inexpensive. Natural gas increases the life of the engine and reduces the cost of operating the car: with an average annual mileage of 20 thousand kilometres, fuel costs are reduced up to 3 times, and savings reach up to 40 thousand rubles Europe This would enhance better CNG Technologies and production

     

    EUROPE CNG VEHICLE MARKET DYNAMICS

    CNG cars have considerably lower running costs than gasoline vehicles. Nowadays, when petrol prices are rising owing to increased demand and dwindling supplies, alternative fuels such as CNG and LPG are more cost-effective, particularly for individuals who travel often.

     

    This is due to the fact that the initial cost of CNG is readily offset by the amount saved in a few years, depending on how frequently the user uses their car.

     

    Petroleum costs have risen dramatically over the years, whereas CNG prices have risen at a far slower rate. This might be one of the most important factors in increasing the market share of CNG vehicles in the future.

     

    Infographic: Europe CNG Vehicle Market, Europe CNG Vehicle Market Size, Europe CNG Vehicle Market Trends,  Europe CNG Vehicle Market Forecast,  Europe CNG Vehicle Market Risks, Europe CNG Vehicle Market Report, Europe CNG Vehicle Market Share

     

    The growing concern among countries across the world about lowering emissions may lead to a rise in the growth of low-emission fuel vehicles such as CNG cars. European countries have stated their intention to cut emissions in the next decades, and they may be a significant market for these cars in the coming years.

     

    Asian countries have previously supported the rise of alternative fuel vehicles such as CNG in order to reduce pollution and costs associated with petrol imports. Booming automotive industry, strict government policies on vehicle emissions, affluent automotive centers combined with natural gas resources, government interventions such as adoption and investment enforcement, favorable government initiatives such as Clean Vehicles Action to prevent vehicular air pollution, and targets set for alternative fuel application including CNG in taxi fleets and buses, as well as provisions for buyers in the l Moreover, initiatives to build natural gas infrastructure, such as the West to East Gas Pipeline Projects, as well as progress in the development of CNG vehicles, are underway.

     

    EUROPE CNG VEHICLE MARKET SEGMENTATION

    The Europe CNG Vehicle Market can be segmented into following categories for further analysis.

     

    By Class of Vehicles Type

    • Trucks
    • Buses
    • LCV
    • HCV
    • Industrial Vehicles

     

    By NGV Categorization Type

    • Dedicated CNG Engine
    • Bi Fuel Retrofitted Gasoline Engine
    • Dual Fuel Diesel Engine

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN EUROPE CNG VEHICLE MARKET

    The performance of a CNG-fueled engine was largely dependent on its design and kind, whether specialized CNG or not. However, the primary issue that all researchers and manufacturers are dealing with today is the loss of brake force in the CNG engine.

     

    Several characteristics of CNG fuel impact engine power, including low flame propagation speed, volumetric efficiency loss, and the absence of fuel evaporation.

     

    The Major focus has been on the mileage and efficiency characteristics of technologies, wherein Intelligent injection systems are standard on S-CNG cars. Vehicles are adjusted and calibrated to provide optimum performance and increased drivability in a variety of terrains.

     

    S-CNG technology has managed to establish a new standard in green fuel transportation. Highly qualified engineers incorporate CNG directly into the car on the manufacturing floor. S-CNG cars are engineered to provide the best possible performance, safety, engine durability, convenience, and mileage.

     

    Compressed natural gas is delivered to and regulated by the pressure regulator through the fuel line from the high-pressure tank. The pressure in the high-pressure circuit is reliably monitored by the high-pressure sensor.

     

    Gas is applied from the pressure regulator with a system pressure of typically less than 10 bar is delivered to the CNG fuel rail and briefly held there. The Bosch medium-pressure and temperature sensor measures the pressure and temperature in the fuel rail.

     

    Depending on the engine needs, the CNG injector NGI2 precisely doses natural gas into the intake manifold. The gas-air combination is then sucked into the cylinder. This combination is then ignited by the spark plug in the cylinder.

     

     

    EUROPE CNG VEHICLE MARKET COMPETITIVE LANDSCAPE

    The Europe market has been making a focused approach of operations throughout the requirements of the union as part of the green energy approach and carbon negative emissions being met as a goal of importance.

     

    The European Union has been making its focus largely on the planned approach of better optimizations and better EV and CNG integrations into the commercial vehicles market as well.

     

    Skoda has been involved in development of the latest technologies within the Europe development market focused on CNG Engine based vehicles. Skoda Auto just unveiled a new Octavia version for the fourth generation.

     

    The new Skoda Octavia G-Tec version, christened Skoda Octavia G-Tec, operates on environmentally friendly Compressed Natural Gas, or CNG, and will be offered exclusively in Europe.

     

    The Octavia G-Tec is equipped with three underbody tanks that hold a total of 17.33 kg of CNG and provide a range of 500 km. In addition, as with other CNG cars, the car includes a 9-litre petrol tank, which may extend the range by an extra 190 km, for a total range of 690 km.

     

    The Skoda Octavia G-Tec is powered by a 1.5-litre TSI engine that produces about 129 horsepower. The engine has variable control intake valves, which allow for WLTP cycle consumption of 3.4 to 3.6 kilograms per 100 km in CNG mode and 4.6 liters per 100 km in petrol mode, making the engine even more efficient.

     

    Furthermore, CO2 emissions are approximately 25% lower in CNG mode than in gasoline mode, and it generates substantially less nitrogen oxide (NOx) and no soot particles.

     

    Volvo Group Europe has been developing new CNG Vehicle based technologies which are focused on better usage and commercial viability within the market of Europe. It has most recently announced the launch of V90 Station Wagon.

     

    This engine can run on either compressed natural gas (CNG)/biomethane or petrol and forms part of Volvo Car’s Engine Architecture. It offers a low emission rating based i.e. 120g CO2 when run on CNG and 40g CO2 when 100% Biogas is used.

     

    The combination of Volvo Car’s exceptional automotive engineering and Westport’s innovative natural gas technology assures that the V90 Bi-Fuel will deliver a great driving experience as well as good environmental advantages.

     

    With a 254-horsepower engine, it is the most powerful CNG automobile on the market and hence the obvious option for high-performance green driving.

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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