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Download Free sampleCompressed 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.
CNG Vehicles Market contains market size and forecasts of CNG Vehicles in global, including the following market information:
Global CNG Vehicles Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global CNG Vehicles Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five CNG Vehicles companies in 2021 (%)
The global CNG Vehicles market was valued at 49740 million in 2021 and is projected to reach US$ 65120 million by 2028, at a CAGR of 3.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
OEM Segment to Reach $ Million by 2028, 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 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has 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, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CNG Vehicles Market Segment Percentages, by Type, 2021 (%)
OEM
Car Modification
Global CNG Vehicles Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CNG Vehicles Market Segment Percentages, by Application, 2021 (%)
Personal
Commercial
Global CNG Vehicles Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CNG Vehicles 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 CNG Vehicles revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies CNG Vehicles revenues share in global market, 2021 (%)
Key companies CNG Vehicles sales in global market, 2017-2022 (Estimated), (K Units)
Key companies CNG Vehicles sales share in global market, 2021 (%)
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
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