India Automotive CNG/LPG Kit market is growing due to the environmental and public health imperatives, rising number of passenger cars across India, rising demand for CNG & LPG gas, low CNG & LPG gas supply and infrastructure cost, and surging prices of petrol and diesel in India.

Global electric bus market is growing significantly due to the growing demand for hydrogen fuel cell bus because of growing concerns over air pollution and carbon emissions from fuel vehicles. Furthermore, increasing government investments in public transport and the establishment of charging stations are also driving market growth.

The rolling stock market is growing owing to the expanding investments in railway transportation on account of the increasing demand for passenger mobility along with electrification of railway systems, especially in fast developing major economies like China and India.