Development of the natural gas market across North America is set to grow due to the shale gas revolution, abundance of LNG, and stricter emission and noise regulations expected in the near future. Furthermore, growth of fuelling infrastructure and increased government incentives across major US states will accelerate market growth; however, the low oil prices and high upfront costs will restrain the fleet adoption rate. This research service captures the key emerging trends in the North American natural gas market for trucks and buses in Class 4-8 vehicles, school buses, transit buses, and other buses (which include coaches and specialty buses). It also analyses and assesses the product strategies and engine and ignition technology strategies of major original equipment manufacturers. Additionally, it also discusses the penetration of CNG, LNG, and Propane across different classes of vehicles along with the pricing trends in these market segments.
Table of Contents
Executive SummaryExecutive Summary—Key FindingsTrends Impacting Growth of NGV in North AmericaNG Price Dynamics—Disassociation from Crude OilMD–HD NG Truck and Bus Market—Unit Shipment Scenario AnalysisExecutive Summary—Key Findings and Future OutlookResearch Scope, Objectives, Background, and MethodologyResearch Scope Research Aims and ObjectivesKey Questions this Study Will AnswerResearch BackgroundResearch MethodologyDefinitions and SegmentationCommercial Vehicle Industry Ecosystem—Focal Range of Research DeliverableVehicle SegmentationTechnology SegmentsMarket OverviewShale Gas EvolutionNG Adoption Potential in the Transportation Sector Key Industry Challenges NG Powertrain in MD/HD Truck MarketRegulatory and Legislative Trends in North AmericaPropane Station Cost in North AmericaCNG Station Cost in North AmericaCNG Station Cost in North America (continued)LNG Station Cost and ComponentsStatewise Incentive for NG Vehicles in North AmericaNorth American Natural Gas Truck and Bus Market Forecast—Overview North American MD-HD NG Truck Market—Unit Shipment Forecast North American NG Bus Market—Unit Shipment Forecast North American NG Fuel Type-Ignition Technology—By Vocation North American Class 4-5 Natural Gas Truck Market North American Class 4-5 Truck Powertrain ForecastNorth American CNG, LNG, and LPG Forecast of Class 4-5 VehiclesNorth American NG Truck and Engine Portfolio for Class 4-5 OEMsCASE A—Ford F-450 XLT in the Class 4-5 MarketNorth American Class 6-7 Natural Gas Truck Market North American Class 6-7 Truck Powertrain ForecastNorth American CNG, LNG, and LPG Forecast of Class 6-7 VehiclesNorth American NG Truck and Engine Portfolio in Class 6-7 OEMsCASE B—Freightliner M2 112 in the Class 6-7 MarketNorth American Class 8 Natural Gas Truck Market North America Class 8 Truck Powertrain ForecastNorth American CNG, LNG, and LPG Forecast of Class 8 VehiclesNorth American NG Truck and Engine Portfolio for Class 8 OEMsCASE C—Mack Terra Pro in the Class 8 MarketCASE D—Peterbilt 579 in the Class 8 MarketNorth American Natural Gas School Bus MarketNorth American School Bus Powertrain ForecastNorth American CNG, LNG, and LPG Forecast for School BusesNorth American NG Truck and Engine Portfolio for School Bus OEMsCASE E—SAF-T-Liner C2 in the School Bus Market North American Natural Gas Transit Bus MarketNorth American Transit Bus Powertrain ForecastNorth American CNG, LNG, and LPG Forecast for Transit BusesNorth American NG Bus and Engine Portfolio for Transit BusesCASE F—New Flyer Xcelsior in the Transit Bus Market North American Other Natural Gas Buses MarketNorth American Other Buses Powertrain ForecastNorth American CNG, LNG, and LPG Forecast of Other NG BusesNorth American Engine Portfolio of Other NG BusesCASE G—MCI D4500 Commuter Coach in the Other Buses MarketComparative Benchmarking of Truck OEMs’ Natural Gas Product Strategies Truck OEMs Powertrain Strategy Class 4-8US NG Truck Market—EM Product StrategyUS NG Truck Market—Engine PortfolioOEM NG Truck Ignition Technology Strategy—North AmericaComparative Benchmarking of Bus OEMs’ Natural Gas Product Strategies OEMs’ Powertrain Strategy—School Buses, Transit Buses, and Other BusesUS Bus Market—OEM Product StrategyUS Bus Market—OEM Product Strategy (continued)OEM NG Bus Ignition Technology Strategy—North AmericaConclusions and Strategic RecommendationsKey Conclusions and Recommendations Three Big PredictionsLegal DisclaimerAppendixMarket Engineering MethodologyTable of Acronyms Used