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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    • 1 Second Ago
  • 11 Comments
      goodoldgorr
      • 2 Years Ago
      We MUST increase cng vehicle sales along with an updated cng infrastructure and this is complimentary with an hydrogen infrastructure as we can make hydrogen with cng at the retail station so more cng and hydrogen cars that share the cng infrastructure. CNG also apply to big tractor-trailer trucks so it can be a success in usa contrary to what SNP say.
        • 6 Days Ago
        @goodoldgorr
        Exactly, in fact it's possible to re-formulate CNG into Hydrogen on board the vehicle on the fly, which will pave the way to fuel cell cars being a reality. The first step is Bi-fuel Gasoline/ CNG cars and trucks, then when the infastructure builds out, dedicated CNG, and then as prices decrease, fuel cell cars and trucks will be a viable alternative.
      2 Wheeled Menace
      • 2 Years Ago
      The Civic GX has been around since 1998, but has not sold well at all. The "phil" is no longer available for sale. The public is becoming more aware of the negative effects of fracking. The Civic GX is slower than the regular Civic. It is notably more expensive. It has less range. The fueling infrastructure is not there for it either. The only advantage is that the emissions are lower, and the fuel is a bit cheaper. I can't think of any other manufacturers offering passenger cars which run CNG from the factory, can you? Are they popular in the EU then? is it because of the extreme tax that they levy on gasoline?
        • 6 Days Ago
        @2 Wheeled Menace
        Also, a Bit cheaper is a gross understatement, Gas is around $3.85 per gallon in CA right now, home compression of CNG including the Nat gas cost per therm, AND the electricity to run the compressor works out to be $ 1.10 per gallon, and the Federal government gives you a .48 cent tax credit per GGE on your taxes at the end of the year. That works out to .62 cents a gallon vs $3.85, I'd say that more than a bit......
        • 6 Days Ago
        @2 Wheeled Menace
        The slow sales of the Civic CNG can be attributed to the fact that it is a dedicated CNG vehicle, not a bi-fuel, and the fact that the refueling infastructure is not where it needs to be, it has very little to do with CNG's footprint. Our company converts vehicles to switch from running on gasoline to CNG with the push of a button, and we can't keep up with the demand. There are also plenty of other choices other than the Phil, for home compression of CNG.
      Marco Polo
      • 2 Years Ago
      2 Wheeled Menace, Compressed natural gas (NG) technology, is gaining acceptance in the US for heavy trucking fleets. Patents filed by companies developing conversion, or natural gas engineering, for heavy transport fleets are attracting significant investor capital funding. The US Natural Gas Act, has attracted considerable bi-partisan support in Congress. President Obama and the administration now in active support NG . Even the Romney campaign (as far as is possible to tell in all it's confusion) supports the natural gas industry. In most natural gas rich nations NG transport technology has been traditionally LPG. The US seems to favour CNG. The cost of NG conversion for heavy transport has dropped over 80 % in recent years. As a result, there is a plethora of 'new tech' companies offering amazing 'new' conversion engineering solutions. I realize NG is not an ideal solution, especially environmentally. NG is still a fossil fuel, but it's a definate environmental improvement, if managed responsibly. Economically, NG will be of immense value to the US economy. Not only does the development of NG guarantee domestically sourced energy able to reduce imports and stabilize prices, but BG will also stimulate local and national economic activity, increase US trade competitiveness, reduce unemployment, retain US capital for investment in the US, and most importantly, reduce the growth of US debt. The development of a viable Natural Gas industry can lead to technical developments outlasting the 150 years, or so. of proven gas reserves. Just as the Petroleum industry gave rise to technologies as diversified from fuel, as medicine, plastics, bonding agents, ceramic's, fertilizers, and 3500 other products that make modern life possible. Developments such as hydrogen technology, microbial bio-fuel, and other scientific breakthroughs, may be by-products of a boom in natural gas. Set against against these immense benefits, is a fear that natural gas exploitation may lead to environmental harm through a lack of adequate regulation or monitoring enforcement. Extremists argue that since NG emissions are only lower, not zero, natural gas technology should not be pursued. Others argue that since NG will be largely developed by Oil companies, who are inherently evil,, natural gas should be opposed !. Such cranks, utopians, and extremists have opposed every technical innovation that has proved beneficial to mankind with misanthropic ideology. Apart from wild anecdotal stories and unscientific prejudice, I have never been provided with any real evidence of significant environment harm of properly supervised or regulated NG extraction, anywhere in the world ! For the last two years, I have been inviting, you, Spec, and the more extreme anti-NG posters, to offer any actual proof to support their claims. To date, I have read nothing from the anti-NG supporters, which couldn't be resolved with adequate regulatory enforcement
        2 Wheeled Menace
        • 6 Days Ago
        @Marco Polo
        I'll sum it up nice and easy for you, MP, and give you another chance to drive by downrate me since that's what makes you happy. "To date, I have read nothing from the anti-NG supporters, which couldn't be resolved with adequate regulatory enforcement" We don't have regulatory enforcement, the Bush administration determined that the nat gas. companies can pump whatever mixture of chemicals they want into the water & if it leaks, the EPA has the nat. gas companies' back in every legal case i have heard of - best case scenario is that the EPA says 'yeah your water is bad' and orders the nat gas company to supply you water for a lifetime ( and if they go out of business, you are probably hosed ). Obama will not oppose it, and it looks like we are getting him for another 4 years, so that will make for a good decade of mystery chemicals poisoning our water supplies, at the very least. There's too much money in fracking for our government to do anything about it, so you can protest all you want ( like many have ) and not get anywhere. So that's why i think natural gas is not the way forward. Drilling is risky, environmentally unsound, and will only get worse over time. Please tell me you haven't heard a SINGLE THING about the negative effects on our groundwater here in the states. That i am an extremist environmetalist wacko. Go on; you don't have to live here. You get to sit back in your ivory internet commenting tower and do your thing of belittling people. Sometimes i get confused and start thinking that people care about the environment here. Sorry.
          • 6 Days Ago
          @2 Wheeled Menace
          Menace, you seem to imply that ALL NAT GAS is extracted using fracking technology, nothing could be further from the truth, it actually makes up a small percentage, most nat gas is extracted conventionally when oil is found, and the nat gas is there as well.
          Marco Polo
          • 6 Days Ago
          @2 Wheeled Menace
          @ 2 Wheeled Menace That's it ? That's all you've got ? No hard evidence / No scientific studies? Nothing ? Just some vague mumblings about the environment ? You are opposed to the most important economic development for the US in 40 years, and that's all you've got ? " So that's why i think natural gas is not the way forward. Drilling is risky, environmentally unsound, and will only get worse over time " Do you really imagine that a nation crippled with debt, dependent on foreign energy, will abandon it's most valuable resource, because of a lack of regulations? C'mon, even you can see that's just silly ! Oh, great ! Just borrow some more money from the PRC and buy some more oil, or burn more Coal, that'll be really great for the environment ! Do you think the US is the only country to develop natural gas fields? Even if you were correct and no regulations exist, that doesn't mean that Natural Gas is not a valuable and beneficial resource, it just means the US should pass effective regulations !
      Ron Wagner
      • 6 Days Ago
      Natural gas is the future of energy. It is replacing dirty, dangerous, expensive coal and nuclear plants. It is producing the electricity for electric cars. It will directly fuel cars,pickup trucks, vans, buses, long haul trucks, dump trucks, locomotives, aircraft, ships etc. It will help keep us out of more useless wars, where we shed our blood and money. It lowers CO2 emissions. Over 2,300 natural gas story links on my blog. An annotated bibliography. The big picture of natural gas. https://www.ronwagnersrants.blogspot.com
      SNP
      • 2 Years Ago
      I predict that unless there's a way to get cheap LiquidNatGas, it will not take off in the US.