Global Natural Gas Vehicles Market Outlook 2034: Growth Driven by Emission Targets, Hybrid Adoption, and Expanding CNG Infrastructure
The global natural gas vehicles (NGVs) market is entering a phase of steady expansion, supported by tightening emission regulations, increased adoption of hybrid electric vehicles, and rapid enhancements in natural gas production and refueling infrastructure. Valued at US$ 47.4 Bn in 2023, the market is projected to grow at a CAGR of 5.3% from 2024 to 2034, ultimately...
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