PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Increasing Acceptance of Alternate Fuel Vehicles Aiding the Growth of the Indian Alternate Fuel Vehicles Kit Market - New analysis from Frost & Sullivan, Alternate Fuel Vehicles (LPG & CNG) Kit Market in India, finds that market earned revenues of over $82.7 million in 2006 and estimates this to reach $473.4 million in 2012
Increasing Acceptance of Alternate Fuel Vehicles Aiding the Growth of the Indian Alternate Fuel Vehicles Kit Market

 

NewswireToday - /newswire/ - Mumbai, India, 2007/12/12 - New analysis from Frost & Sullivan, Alternate Fuel Vehicles (LPG & CNG) Kit Market in India, finds that market earned revenues of over $82.7 million in 2006 and estimates this to reach $473.4 million in 2012.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Spurred on by the growing acceptance of alternate fuel vehicles, the Indian alternate fuel vehicles kit market has seen a definite upswing in the last two years. Alternate fuel vehicles are overcoming the initial hindrances of low availability of fuel and are beginning to be widely accepted. The ability to convince and convert customers will offer vehicle manufacturers and kit manufacturers lucrative market opportunities.

New analysis from Frost & Sullivan (automotive&transportation.frost.com), Alternate Fuel Vehicles (LPG & CNG) Kit Market in India, finds that market earned revenues of over $82.7 million in 2006 and estimates this to reach $473.4 million in 2012.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the Alternate Fuel Vehicles (LPG & CNG) Kit Market in India, then send an email to Ravinder Kaur/ Nimisha Iyer, Corporate Communications, at ravinder.kaur[.]frost.com/ niyer[.]frost.com with your full name, company name, title, telephone number, fax number, and email address. Upon receipt of the above information, an overview will be sent to you by email. Interviews with the press are also available.

"The market for alternate fuel vehicles in India is expected to grow at a significantly faster pace than the regular vehicles," notes Frost & Sullivan Program Manager Jose Paul. "Stringent emission norms, specific Government directives on use of alternate fuel vehicles and increasing availability of compressed natural gas (CNG) and liquid petroleum gas (LPG) will all drive the market rapidly."

Most key vehicle manufacturers are looking at launching alternate fuel vehicles in India over the next two to three years, and this has increased the acceptance levels of alternate fuel vehicles among end users. Furthermore, with petrol prices continuing to increase, many owners of existing petrol vehicles are also looking at converting their vehicles to run on alternate fuels.

However, the lack of widespread availability of alternate fuels in India is a barrier to the growth of alternate fuel vehicles. While the availability of CNG is currently limited to select centers in the west and north, the penetration of LPG dispensing stations has been concentrated on specific cities, with their network on highways remaining almost negligible.

"The expected ramp up of refueling networks is expected to take time with the CNG pipeline project slated to be operational only by 2008-09," says Paul. "Moreover, the set of mother and daughter stations is likely to take an additional two to three years; similarly, it would take about five to six years to build up the number of LPG refueling stations across the country."

In order to increase their market presence, alternate fuel vehicle conversion kit manufacturers will need to focus on existing centers, where CNG and LPG are available. They will further need to aggressively market their products and also tie-up with vehicle manufacturers at the original equipment (OE) level and vehicle dealership levels.

Alternate Fuel Vehicles (LPG & CNG) Kit Market in India is part of the Automotive & Transportation Growth Partnership Service program, which also includes research in the following markets: Indian automotive and auto components market covering passenger vehicles, commercial vehicles and two wheeler markets. Components include fuel injection systems, forged components, tires, batteries, sensors, telematics and vehicle tracking systems market. Other research includes analysis of new technologies, export markets and research on the Middle East automotive and components market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting, and Career Best Practices empower clients to create a growth-focused culture that generates, evaluates, and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 30 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Increasing Acceptance of Alternate Fuel Vehicles Aiding the Growth of the Indian Alternate Fuel Vehicles Kit Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Ravinder Kaur 
+91 44 42044760 ravinder.kaur[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

Hitachi Joins Shell Eco-marathon to Help #MaketheFuture
First MAN TGX PerformanceLine Edition Delivered - No 001 For BFS/Stegmaier Group
New Business Models and Service Expansion in European Automotive Aftermarket eRetail Strengthen Growth Opportunities Finds Frost & Sullivan
Vehicle Parc and Market Dynamics Transform KSA Automotive Aftermarket, Forcing Vendors to Change Their Business Approach
First MAN TGX EfficientLine 3 Goes to Spedition Hillert
NEOPLAN Tourliner Wins iF Design Award 2017
Field Testing the New MAN Six-cylinder Naturally Aspirated Engine for Cogeneration Systems
Turkish Medium- and Heavy-duty Truck Manufacturers to Increase Production Volumes and Quality to Meet Evolving User Demands Finds Frost & Sullivan
MAN Truck & Bus Begins Selling The TGE
MAN Joins CharIN
Connected Truck Telematics Providers Focus on Partnerships to Keep Pace with Digital Transformation Finds Frost & Sullivan
MAN and CNL to Bring eTrucks to Our Roads
Automotive OEMs Prepare for 48v Power-net, Fuelled by Autonomous Driving and Stringent Emission Norms Finds Frost & Sullivan
Automotive OEMs Standardise Testing and Explore Alternative Powertrains to Comply with RDE Deadlines Finds Frost & Sullivan
Infiltration of New Green MD-HD Trucks and Buses Set to Transform North American & European Hybrid-Electric Truck & Bus Market Finds Frost & Sullivan

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)