Report overview
Compressed natural gas vehicle is an alternative fuel vehicle that uses compressed natural gas as the fuel rather than gasoline or diesel. CNG, or compressed natural gas, is stored at high pressure, 3,000 to 3,600 pounds per square inch (21 to 25 MPa). The required tank is more massive and costly than a conventional fuel tank. The CNG vehicle?s emissions are cleaner, with lower emissions of carbon and lower particulate emissions per equivalent distance traveled. There is generally less wasted fuel.
This report aims to provide a comprehensive presentation of the global market for CNG Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding CNG Vehicles. This report contains market size and forecasts of CNG Vehicles in global, including the following market information:
Global CNG Vehicles Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global CNG Vehicles Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five CNG Vehicles companies in 2022 (%)
The global CNG Vehicles market was valued at US$ 49740 million in 2022 and is projected to reach US$ 65120 million by 2029, at a CAGR of 3.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
OEM Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of CNG Vehicles include Fiat Chrysler, Volkswagen, Ford, General Motors, Toyota, Iran Khodro, Nissan, Volvo Group and Hyundai, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the CNG Vehicles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global CNG Vehicles Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global CNG Vehicles Market Segment Percentages, by Type, 2022 (%)
OEM
Car Modification
Global CNG Vehicles Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global CNG Vehicles Market Segment Percentages, by Application, 2022 (%)
Personal
Commercial
Global CNG Vehicles Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global CNG Vehicles Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies CNG Vehicles revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies CNG Vehicles revenues share in global market, 2022 (%)
Key companies CNG Vehicles sales in global market, 2018-2023 (Estimated), (K Units)
Key companies CNG Vehicles sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Fiat Chrysler
Volkswagen
Ford
General Motors
Toyota
Iran Khodro
Nissan
Volvo Group
Hyundai
Honda
Suzuki
Mercedes-Benz
Renault
PSA Peugeot Citroen
Great Wall Motors
Outline of Major Chapters:
Chapter 1: Introduces the definition of CNG Vehicles, market overview.
Chapter 2: Global CNG Vehicles market size in revenue and volume.
Chapter 3: Detailed analysis of CNG Vehicles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of CNG Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global CNG Vehicles capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
