Global Autogas MARKET 2020-2024
Global Autogas Market 2020-2024
Technavio has been monitoring the global autogas market and it is poised to grow by USD 2.91 mn tonnes during 2020-2024, progressing at a CAGR of 2% during the forecast period. Our reports on global autogas market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rising need for cleaner fuel.In addition, increasing use of natural gas in the transportation sector is anticipated to boost the growth of the global autogas market as well.
Technavio's global autogas market is segmented as below:
- North America
- South America
Key Trends for global autogas market growth
This study identifies increasing use of natural gas in the transportation sector as the prime reasons driving the global autogas market growth during the next few years.
Prominent vendors in global autogas market
We provide a detailed analysis of around 25 vendors operating in the global autogas market, including some of the vendors such as BP Plc, Chevron Corp., Equinor ASA, Exxon Mobil Corp., Hindustan Petroleum Corp. Ltd., Marathon Petroleum Corp., PJSC Gazprom, PJSC LUKOIL, Royal Dutch Shell Plc and TOTAL S.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.