Download FREE Report Sample
Download Free sampleA 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 vehicles powered by LPG (mainly propane), which is a fuel with a fundamentally different composition.
Automotive Natural Gas Vehicle Market contains market size and forecasts of Automotive Natural Gas Vehicle (NGV) in global, including the following market information:
Global Automotive Natural Gas Vehicle (NGV) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Natural Gas Vehicle (NGV) Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Automotive Natural Gas Vehicle (NGV) companies in 2021 (%)
The global Automotive Natural Gas Vehicle (NGV) market was valued at 8530 million in 2021 and is projected to reach US$ 13860 million by 2028, at a CAGR of 7.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
CNG Vehicle Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Natural Gas Vehicle (NGV) include Maruti Suzuki, Volkswagen, Fiat, Honda, General Motors, Renault, Hyundai, Ford and Iran Khodro, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Natural Gas Vehicle (NGV) 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 Automotive Natural Gas Vehicle (NGV) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Automotive Natural Gas Vehicle (NGV) Market Segment Percentages, by Type, 2021 (%)
CNG Vehicle
LNG Vehicle
Global Automotive Natural Gas Vehicle (NGV) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Automotive Natural Gas Vehicle (NGV) Market Segment Percentages, by Application, 2021 (%)
Passenger Cars
Commercial Vehicle
Global Automotive Natural Gas Vehicle (NGV) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Automotive Natural Gas Vehicle (NGV) Market Segment Percentages, By Region and Country, 2021 (%)
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 Automotive Natural Gas Vehicle (NGV) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Natural Gas Vehicle (NGV) revenues share in global market, 2021 (%)
Key companies Automotive Natural Gas Vehicle (NGV) sales in global market, 2017-2022 (Estimated), (Units)
Key companies Automotive Natural Gas Vehicle (NGV) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Maruti Suzuki
Volkswagen
Fiat
Honda
General Motors
Renault
Hyundai
Ford
Iran Khodro
Volvo Group
PSA
C&C Truck
Speak to our Custom Research Team and get the Custom Research in a budget
Custom ResearchFrequently Asked Questions ?
A license granted to one user. Rules or conditions might be applied for e.g. the use of electric files (PDFs) or printings, depending on product.
A license granted to multiple users.
A license granted to a single business site/establishment.
A license granted to all employees within organisation access to the product.
Upto Working 24 to 48 hrs
Upto 72 hrs max - Weekends and Public Holidays
Online Payments with PayPal and CCavenue
Wire Transfer/Bank Transfer
Hard Copy
Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
