Report Detail
Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
- RnM4529396 |
- 20 April, 2023 |
- Global |
- 109 Pages |
- GIR (Global Info Research) |
- Automobile & Transportation
A natural gas vehicle (NGV) is an alternative fuel vehicle that uses compressed natural gas (CNG) or liquefied natural gas (LNG). Natural gas vehicles should not be confused with autogas vehicles powered by liquefied petroleum gas (LPG), mainly propane, a fuel with a fundamentally different composition.In a natural-gas-powered vehicle, energy is released by the combustion of methane gas (CH4) fuel with oxygen (O2) from the air to form carbon dioxide (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 the source. Existing gasoline-powered vehicles may be converted to run on CNG or LNG and can be dedicated (running only on natural gas) or bi-fuel (running on either gasoline or natural gas). Diesel engines for heavy trucks and buses can also be converted and can be dedicated with the addition of new heads containing spark ignition systems, or can be run on a blend of diesel and natural gas, with the primary fuel being natural gas and a small amount of diesel fuel being used as an ignition source. It is also possible to generate energy in a small gas turbine and couple the gas engine or turbine with a small electric battery to create a hybrid electric motor-driven vehicle.
According to our (Global Info Research) latest study, the global Compressed Natural Gas and Liquefied Natural Gas Vehicle market size was valued at USD 11980 million in 2022 and is forecast to a readjusted size of USD 21930 million by 2029 with a CAGR of 9.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of compressed natural gas and liquefied natural gas vehicle include Maruti Suzuki, Iran Khodro, Volkswagen, Hyundai Motor, Stellantis, etc. Global top five manufacturers hold a share over 42%. India is the largest producer of compressed natural gas and liquefied natural gas vehicle, holds a share over 18%. In terms of product, CNG vehicle is the largest segment, with a share over 73%. And in terms of application, the largest application is passenger vehicle, with a share over 75%, followed by commercial vehicle.
This report is a detailed and comprehensive analysis for global Compressed Natural Gas and Liquefied Natural Gas Vehicle market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Compressed Natural Gas and Liquefied Natural Gas Vehicle market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Compressed Natural Gas and Liquefied Natural Gas Vehicle market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Compressed Natural Gas and Liquefied Natural Gas Vehicle market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Compressed Natural Gas and Liquefied Natural Gas Vehicle market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Compressed Natural Gas and Liquefied Natural Gas Vehicle
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Compressed Natural Gas and Liquefied Natural Gas Vehicle market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Maruti Suzuki, Iran Khodro, Volkswagen, Hyundai Motor and Stellantis, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Compressed Natural Gas and Liquefied Natural Gas Vehicle market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
CNG Vehicle
LNG Vehicle
Market segment by Application
Passenger Vehicle
Commercial Vehicle
Major players covered
Maruti Suzuki
Iran Khodro
Volkswagen
Hyundai Motor
Stellantis
FAW Group
Chang'an Automobile
General Motors
Honda
Volvo Truck
IVECO
Scania
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Compressed Natural Gas and Liquefied Natural Gas Vehicle product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Compressed Natural Gas and Liquefied Natural Gas Vehicle, with price, sales, revenue and global market share of Compressed Natural Gas and Liquefied Natural Gas Vehicle from 2018 to 2023.
Chapter 3, the Compressed Natural Gas and Liquefied Natural Gas Vehicle competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Compressed Natural Gas and Liquefied Natural Gas Vehicle breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Compressed Natural Gas and Liquefied Natural Gas Vehicle market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Compressed Natural Gas and Liquefied Natural Gas Vehicle.
Chapter 14 and 15, to describe Compressed Natural Gas and Liquefied Natural Gas Vehicle sales channel, distributors, customers, research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope of Compressed Natural Gas and Liquefied Natural Gas Vehicle
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value by Type: 2018 Versus 2022 Versus 2029
- 1.3.2 CNG Vehicle
- 1.3.3 LNG Vehicle
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value by Application: 2018 Versus 2022 Versus 2029
- 1.4.2 Passenger Vehicle
- 1.4.3 Commercial Vehicle
- 1.5 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Market Size & Forecast
- 1.5.1 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value (2018 & 2022 & 2029)
- 1.5.2 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity (2018-2029)
- 1.5.3 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Average Price (2018-2029)
2 Manufacturers Profiles
- 2.1 Maruti Suzuki
- 2.1.1 Maruti Suzuki Details
- 2.1.2 Maruti Suzuki Major Business
- 2.1.3 Maruti Suzuki Compressed Natural Gas and Liquefied Natural Gas Vehicle Product and Services
- 2.1.4 Maruti Suzuki Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.1.5 Maruti Suzuki Recent Developments/Updates
- 2.2 Iran Khodro
- 2.2.1 Iran Khodro Details
- 2.2.2 Iran Khodro Major Business
- 2.2.3 Iran Khodro Compressed Natural Gas and Liquefied Natural Gas Vehicle Product and Services
- 2.2.4 Iran Khodro Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.2.5 Iran Khodro Recent Developments/Updates
- 2.3 Volkswagen
- 2.3.1 Volkswagen Details
- 2.3.2 Volkswagen Major Business
- 2.3.3 Volkswagen Compressed Natural Gas and Liquefied Natural Gas Vehicle Product and Services
- 2.3.4 Volkswagen Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.3.5 Volkswagen Recent Developments/Updates
- 2.4 Hyundai Motor
- 2.4.1 Hyundai Motor Details
- 2.4.2 Hyundai Motor Major Business
- 2.4.3 Hyundai Motor Compressed Natural Gas and Liquefied Natural Gas Vehicle Product and Services
- 2.4.4 Hyundai Motor Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.4.5 Hyundai Motor Recent Developments/Updates
- 2.5 Stellantis
- 2.5.1 Stellantis Details
- 2.5.2 Stellantis Major Business
- 2.5.3 Stellantis Compressed Natural Gas and Liquefied Natural Gas Vehicle Product and Services
- 2.5.4 Stellantis Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.5.5 Stellantis Recent Developments/Updates
- 2.6 FAW Group
- 2.6.1 FAW Group Details
- 2.6.2 FAW Group Major Business
- 2.6.3 FAW Group Compressed Natural Gas and Liquefied Natural Gas Vehicle Product and Services
- 2.6.4 FAW Group Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.6.5 FAW Group Recent Developments/Updates
- 2.7 Chang'an Automobile
- 2.7.1 Chang'an Automobile Details
- 2.7.2 Chang'an Automobile Major Business
- 2.7.3 Chang'an Automobile Compressed Natural Gas and Liquefied Natural Gas Vehicle Product and Services
- 2.7.4 Chang'an Automobile Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.7.5 Chang'an Automobile Recent Developments/Updates
- 2.8 General Motors
- 2.8.1 General Motors Details
- 2.8.2 General Motors Major Business
- 2.8.3 General Motors Compressed Natural Gas and Liquefied Natural Gas Vehicle Product and Services
- 2.8.4 General Motors Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.8.5 General Motors Recent Developments/Updates
- 2.9 Honda
- 2.9.1 Honda Details
- 2.9.2 Honda Major Business
- 2.9.3 Honda Compressed Natural Gas and Liquefied Natural Gas Vehicle Product and Services
- 2.9.4 Honda Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.9.5 Honda Recent Developments/Updates
- 2.10 Volvo Truck
- 2.10.1 Volvo Truck Details
- 2.10.2 Volvo Truck Major Business
- 2.10.3 Volvo Truck Compressed Natural Gas and Liquefied Natural Gas Vehicle Product and Services
- 2.10.4 Volvo Truck Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.10.5 Volvo Truck Recent Developments/Updates
- 2.11 IVECO
- 2.11.1 IVECO Details
- 2.11.2 IVECO Major Business
- 2.11.3 IVECO Compressed Natural Gas and Liquefied Natural Gas Vehicle Product and Services
- 2.11.4 IVECO Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.11.5 IVECO Recent Developments/Updates
- 2.12 Scania
- 2.12.1 Scania Details
- 2.12.2 Scania Major Business
- 2.12.3 Scania Compressed Natural Gas and Liquefied Natural Gas Vehicle Product and Services
- 2.12.4 Scania Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.12.5 Scania Recent Developments/Updates
3 Competitive Environment: Compressed Natural Gas and Liquefied Natural Gas Vehicle by Manufacturer
- 3.1 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Manufacturer (2018-2023)
- 3.2 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Revenue by Manufacturer (2018-2023)
- 3.3 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Average Price by Manufacturer (2018-2023)
- 3.4 Market Share Analysis (2022)
- 3.4.1 Producer Shipments of Compressed Natural Gas and Liquefied Natural Gas Vehicle by Manufacturer Revenue ($MM) and Market Share (%): 2022
- 3.4.2 Top 3 Compressed Natural Gas and Liquefied Natural Gas Vehicle Manufacturer Market Share in 2022
- 3.4.2 Top 6 Compressed Natural Gas and Liquefied Natural Gas Vehicle Manufacturer Market Share in 2022
- 3.5 Compressed Natural Gas and Liquefied Natural Gas Vehicle Market: Overall Company Footprint Analysis
- 3.5.1 Compressed Natural Gas and Liquefied Natural Gas Vehicle Market: Region Footprint
- 3.5.2 Compressed Natural Gas and Liquefied Natural Gas Vehicle Market: Company Product Type Footprint
- 3.5.3 Compressed Natural Gas and Liquefied Natural Gas Vehicle Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Market Size by Region
- 4.1.1 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Region (2018-2029)
- 4.1.2 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value by Region (2018-2029)
- 4.1.3 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Average Price by Region (2018-2029)
- 4.2 North America Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value (2018-2029)
- 4.3 Europe Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value (2018-2029)
- 4.4 Asia-Pacific Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value (2018-2029)
- 4.5 South America Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value (2018-2029)
- 4.6 Middle East and Africa Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value (2018-2029)
5 Market Segment by Type
- 5.1 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Type (2018-2029)
- 5.2 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value by Type (2018-2029)
- 5.3 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Average Price by Type (2018-2029)
6 Market Segment by Application
- 6.1 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Application (2018-2029)
- 6.2 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value by Application (2018-2029)
- 6.3 Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Average Price by Application (2018-2029)
7 North America
- 7.1 North America Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Type (2018-2029)
- 7.2 North America Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Application (2018-2029)
- 7.3 North America Compressed Natural Gas and Liquefied Natural Gas Vehicle Market Size by Country
- 7.3.1 North America Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Country (2018-2029)
- 7.3.2 North America Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value by Country (2018-2029)
- 7.3.3 United States Market Size and Forecast (2018-2029)
- 7.3.4 Canada Market Size and Forecast (2018-2029)
- 7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
- 8.1 Europe Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Type (2018-2029)
- 8.2 Europe Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Application (2018-2029)
- 8.3 Europe Compressed Natural Gas and Liquefied Natural Gas Vehicle Market Size by Country
- 8.3.1 Europe Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Country (2018-2029)
- 8.3.2 Europe Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value by Country (2018-2029)
- 8.3.3 Germany Market Size and Forecast (2018-2029)
- 8.3.4 France Market Size and Forecast (2018-2029)
- 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
- 8.3.6 Russia Market Size and Forecast (2018-2029)
- 8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
- 9.1 Asia-Pacific Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Type (2018-2029)
- 9.2 Asia-Pacific Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Application (2018-2029)
- 9.3 Asia-Pacific Compressed Natural Gas and Liquefied Natural Gas Vehicle Market Size by Region
- 9.3.1 Asia-Pacific Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Region (2018-2029)
- 9.3.2 Asia-Pacific Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value by Region (2018-2029)
- 9.3.3 China Market Size and Forecast (2018-2029)
- 9.3.4 Japan Market Size and Forecast (2018-2029)
- 9.3.5 Korea Market Size and Forecast (2018-2029)
- 9.3.6 India Market Size and Forecast (2018-2029)
- 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
- 9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
- 10.1 South America Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Type (2018-2029)
- 10.2 South America Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Application (2018-2029)
- 10.3 South America Compressed Natural Gas and Liquefied Natural Gas Vehicle Market Size by Country
- 10.3.1 South America Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Country (2018-2029)
- 10.3.2 South America Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value by Country (2018-2029)
- 10.3.3 Brazil Market Size and Forecast (2018-2029)
- 10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
- 11.1 Middle East & Africa Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Type (2018-2029)
- 11.2 Middle East & Africa Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Application (2018-2029)
- 11.3 Middle East & Africa Compressed Natural Gas and Liquefied Natural Gas Vehicle Market Size by Country
- 11.3.1 Middle East & Africa Compressed Natural Gas and Liquefied Natural Gas Vehicle Sales Quantity by Country (2018-2029)
- 11.3.2 Middle East & Africa Compressed Natural Gas and Liquefied Natural Gas Vehicle Consumption Value by Country (2018-2029)
- 11.3.3 Turkey Market Size and Forecast (2018-2029)
- 11.3.4 Egypt Market Size and Forecast (2018-2029)
- 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
- 11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
- 12.1 Compressed Natural Gas and Liquefied Natural Gas Vehicle Market Drivers
- 12.2 Compressed Natural Gas and Liquefied Natural Gas Vehicle Market Restraints
- 12.3 Compressed Natural Gas and Liquefied Natural Gas Vehicle Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
- 12.5 Influence of COVID-19 and Russia-Ukraine War
- 12.5.1 Influence of COVID-19
- 12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
- 13.1 Raw Material of Compressed Natural Gas and Liquefied Natural Gas Vehicle and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Compressed Natural Gas and Liquefied Natural Gas Vehicle
- 13.3 Compressed Natural Gas and Liquefied Natural Gas Vehicle Production Process
- 13.4 Compressed Natural Gas and Liquefied Natural Gas Vehicle Industrial Chain
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Compressed Natural Gas and Liquefied Natural Gas Vehicle Typical Distributors
- 14.3 Compressed Natural Gas and Liquefied Natural Gas Vehicle Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Compressed Natural Gas and Liquefied Natural Gas Vehicle. Industry analysis & Market Report on Compressed Natural Gas and Liquefied Natural Gas Vehicle is a syndicated market report, published as Global Compressed Natural Gas and Liquefied Natural Gas Vehicle Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Compressed Natural Gas and Liquefied Natural Gas Vehicle market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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