Naperville, IL -- (SBWIRE) -- 07/17/2012 -- The Compressed Natural Vehicle market in Latin America is expected to reach 6.8 million units by 2015. One of the key factors contributing to this market growth is the cost advantage of using compressed natural gas. The Compressed Natural Vehicle market in Latin America has also been witnessing an increasing number of bi-fuel vehicles. However, the high cost of CNG vehicles poses the biggest challenge in the Compressed Natural Vehicle market in Latin America.
The Compressed Natural Vehicle Market in Latin America 2011-2015 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the Latin America region; it also covers the Compressed Natural Vehicle market in the Latin America 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 Fiat S.p.A., Ford Motor Co., General Motors Co., and Volkswagen AG. Other vendors mentioned in the report are Honda Motor Co. Ltd., Toyota Motor Corp., Bayerische Motoren Werke AG, Suzuki Motor Corp., Mercedes-Benz, Renault S.A., Capacity of Texas Inc., Cummins Westport Inc., Emissions Solutions Inc., Freightliner, Navistar/International Truck and Engine Corp., Volvo, Weichai Power Co. Ltd., Altech-Eco Corp., BAF Technologies, Baytech Corp., Clean Energy Fuels Corp., Fuel Systems Solutions Inc., GNC Galileo S.A., Kraus Global Inc., Magneti Marelli S.p.A., and Prins Autogassystemen BV.
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?
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