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Directive to Progressively Increase Use of Green Fuels to Boost Production of European Alternative Fuel Vehicles.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c89159) has announced the addition of "Strategic Analysis of European Market for Alternative Fuel Vehicles Alternative fuel vehicle

Conventional fuels such as gasoline and diesel are gradually being replaced by alternative fuels such as gaseous fuels (natural gas and propane), alcohol (methanol and ethanol), and hydrogen.
" to their offering.

This Frost & Sullivan research service titled Strategic Analysis of European Market for Alternative Fuel Vehicles provides market share, penetration rates and market size for alternative fuel vehicles. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: flex fuel vehicles, natural gas vehicles This is a list of natural gas vehicles. Airplanes
  • Tu-155 only experimental
Helicopters
  • Mil Mi-8 only experimental
Passenger cars
  • Citroën Berlingo Multispace 1,4 GNV
  • Fiat Doblò SX 1.
 and hydrogen vehicles A hydrogen vehicle is a vehicle that uses hydrogen as its on-board fuel for motive power. The term may refer to a personal transportation vehicle, such as an automobile, or any other vehicle that use hydrogen in a similar fashion, such as an aircraft. .

Market Sectors

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:

-Natural gas vehicles

-Flex fuel vehicles

-Hydrogen vehicles

The alternative fuel vehicle market has got a shot in the arm with the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the

European Community
 (EU) Commission's 'Green Paper' (2001) setting targets with regard to the usage of alternative fuels (bio fuel, natural gas) in transportation replacing mineral fuels. It stipulates bio fuel's usage to increase to 6 per cent by 2010, 7 per cent by 2015 and 10 per cent by 2020, while natural gas' usage should be 2 per cent, 5 per cent and 10 per cent for the same periods.

Meanwhile, the Association des Constructeurs Europeens d'Automobiles (ACEA ACEA Association des Constructeurs Européens d'Automobiles
ACEA Association of Consulting Engineers Australia
ACEA Advisory Committee on Environmental Aspects
ACEA Association Canadienne des Etudes Africaines (French) 
), along with the EU Commission, plans to bring in legislation to make CO2 emission reduction mandatory. "Vehicle manufacturers are finding it difficult to reduce CO2 emission on conventional vehicles running on fossil fuels," says the analyst of this research service. "With low impurities, no particulates and high octane rating Noun 1. octane rating - a measure of the antiknock properties of gasoline
octane number

quantity, measure, amount - how much there is or how many there are of something that you can quantify
, bio fuels and natural gas offer CO2 emission reduction by around 20 to 30 per cent."

Alternative fuel vehicles are likely to have a penetration rate of around 6 per cent in the European market by 2015, accounting for about 1.2 million vehicles. Flex fuel vehicles are likely to dominate the market with estimated volumes of over 650,000 vehicles by 2015 in Europe. Sweden and France are likely to be the biggest markets for flex fuel vehicles in the coming years, while Italy and Germany are the growth markets for natural gas vehicles.

Key Topics

- Executive Summary

- Total Market for Alternative Fuel Vehicles in Europe

- European Market for Natural Gas Vehicles

- European Market for Flex Fuel Vehicles

- European Market for Hydrogen Vehicles

- Vehicle Manufacturer Profiles

- Appendix

Companies mentioned:

- BMW BMW
 in full Bayerische Motoren Werke AG

German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s.
 

- Daimler Chrysler

- Fiat Group

- Ford Group

- General Motors

- Group Renault

- PSA (Professional Services Automation) An information system designed to organize, track and manage all opportunities, work, resources, costs, revenues and invoices to improve the productivity and efficiency of the workforce.  Group

- Volkswagen Group Volkswagen Group (ISIN: DE0007664005, TYO: 7659 ) is a German automobile manufacturer and currently the 4th largest automobile manufacturer in the world. Its core market is the European Union and its major subsidiaries include well-known brands like Audi, Bentley, Škoda,  

For more information visit http://www.researchandmarkets.com/reports/c89159
COPYRIGHT 2008 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:Apr 18, 2008
Words:395
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