Innovating in Natural Gas: Analyzing the Key Players in Today’s CNG & LNG Infrastructure Value Chain

November 28, 2018 | State of the Market Report

The use of compressed natural gas (CNG) in road transportation is well established and even make up more than 20% of the total light-duty vehicle fleet in countries like Pakistan and Iran. Growth in medium-duty and heavy-duty natural gas vehicles continues in the U.S. and China, as well. Liquefied natural gas (LNG) is also witnessing increasing popularity as a fuel source not only for road transportation, but also for the marine sector. With natural gas potentially playing a critical role in the global energy transition, we investigated the recent innovation activity in the CNG and LNG space. We found in recent years the automotive industry has ran away with the lead in CNG innovation while LNG innovation remains an active space with several players vying to hold a key position along the value chain.

Coverage Area

  • Owning the Energy Transition

Table of Contents

  • Title page
  • The Rise of Natural Gas
  • Who is Innovating in Natural Gas?
  • Outlook for CNG and LNG

Lead Analyst

Senior Analyst

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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