Report overview
Natural gas can be used in all classes of vehicles ? motorcycles, cars, vans, light and heavy duty trucks, buses, lift trucks, locomotives. Marine applications are increasing with applications such as tug boats, ferries, barges and ships using CNG and LNG. Natural gas powered aircraft are also being trialed.
This report aims to provide a comprehensive presentation of the global market for Light and Heavy-duty Natural Gas Vehicle, 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 Light and Heavy-duty Natural Gas Vehicle. This report contains market size and forecasts of Light and Heavy-duty Natural Gas Vehicle in global, including the following market information:
Global Light and Heavy-duty Natural Gas Vehicle Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Light and Heavy-duty Natural Gas Vehicle Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Light and Heavy-duty Natural Gas Vehicle companies in 2022 (%)
The global Light and Heavy-duty Natural Gas Vehicle market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A natural gas vehicle (NGV) is an alternative fuel vehicle that uses compressed natural gas (CNG) or liquefied natural gas (LNG). In a natural gas powered vehicle, energy is released by combustion of essentially Methane gas (CH4) fuel with Oxygen (O2) from the air to CO2 and water vapor (H2O) in an internal combustion engine. Methane is the cleanest burning hydrocarbon and many contaminants present in natural gas are removed at source.
We surveyed the Light and Heavy-duty Natural Gas Vehicle 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 Light and Heavy-duty Natural Gas Vehicle Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Light and Heavy-duty Natural Gas Vehicle Market Segment Percentages, by Type, 2022 (%)
Light-duty NGV
Heavy-duty NGV
Global Light and Heavy-duty Natural Gas Vehicle Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Light and Heavy-duty Natural Gas Vehicle Market Segment Percentages, by Application, 2022 (%)
Public Transportation
Logistics
Global Light and Heavy-duty Natural Gas Vehicle Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Light and Heavy-duty Natural Gas Vehicle 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 Light and Heavy-duty Natural Gas Vehicle revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Light and Heavy-duty Natural Gas Vehicle revenues share in global market, 2022 (%)
Key companies Light and Heavy-duty Natural Gas Vehicle sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Light and Heavy-duty Natural Gas Vehicle sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
CNH Industrial
Daimler Trucks
General Motors
MAN Truck & Bus
Volvo Trucks
Beiqi Foton Motor
BRC Gas Equipment
Cummins Westport
Dongfeng Motor
Fiat Chrysler Automobiles
Ford Motor
Gaz
Honda
Impco Technologies
Isuzu Motors
Kamaz
Landi Renzo
Navistar
Renault
Volkswagen
Outline of Major Chapters:
Chapter 1: Introduces the definition of Light and Heavy-duty Natural Gas Vehicle, market overview.
Chapter 2: Global Light and Heavy-duty Natural Gas Vehicle market size in revenue and volume.
Chapter 3: Detailed analysis of Light and Heavy-duty Natural Gas Vehicle 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 Light and Heavy-duty Natural Gas Vehicle 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 Light and Heavy-duty Natural Gas Vehicle 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.
