New Analysis from Global Industry Analysts Reveals Steady Growth for Natural Gas Vehicles (NGVs), with the Market to Reach 32.5 Million Units Worldwide by 2026
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- Natural gas is used in vehicles in either its compressed form, known as Compressed Natural Gas (CNG), or liquefied form, known as Liquefied Natural Gas (LNG).
- Tightening emissions regulations, particularly for diesel engines and stable natural gas prices continue to push fleets further toward natural gas conversions.
- Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.