CNG Powertrain Market by Drive Type (All Wheel Drive, Front Wheel Drive, Rear Wheel Drive), Fuel Type (Bi-Fuel, Mono Fuel), Vehicle Type - Global Forecast 2023-2030

CNG Powertrain Market by Drive Type (All Wheel Drive, Front Wheel Drive, Rear Wheel Drive), Fuel Type (Bi-Fuel, Mono Fuel), Vehicle Type - Global Forecast 2023-2030


The CNG Powertrain Market is projected to reach USD 262.31 billion by 2030 from USD 71.92 billion in 2022, at a CAGR of 17.55% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the CNG Powertrain Market.
  • Based on Drive Type, market is studied across All Wheel Drive, Front Wheel Drive, and Rear Wheel Drive. The All Wheel Drive is projected to witness significant market share during forecast period.
  • Based on Fuel Type, market is studied across Bi-Fuel and Mono Fuel. The Mono Fuel is projected to witness significant market share during forecast period.
  • Based on Vehicle Type, market is studied across Commercial Vehicles and Passenger Vehicles. The Commercial Vehicles is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the CNG Powertrain Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape CNG Powertrain Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the CNG Powertrain Market, highlighting leading vendors and their innovative profiles. These include AB Volvo, BorgWarner Inc., CNH Industrial NV, Cummins Inc., Ford Motor Company, FPT Industrial S.P.A., Honda Motor Company, Hyundai Motor Company, Landi Renzo SpA, Maruti Suzuki India Limited, Mijo Auto Gas Pvt. Ltd., Minda Industries Ltd., Nissan Motor Corporation, Robert Bosch GmbH, Suzuki Motor Corporation, Tata Motors Limited, Volkswagen AG, and Westport Fuel Systems Inc..

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the CNG Powertrain Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the CNG Powertrain Market?
  3. What is the competitive strategic window for identifying opportunities in the CNG Powertrain Market?
  4. What are the latest technology trends and regulatory frameworks in the CNG Powertrain Market?
  5. What is the market share of the leading vendors in the CNG Powertrain Market?
  6. Which modes and strategic moves are suitable for entering the CNG Powertrain Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. CNG Powertrain Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. High use of CNG systems for passenger cars and light commercial
5.1.1.2. vehicles
5.1.1.3. Growing need for an alternative transitional fuel
5.1.1.4. Rapidly developing CNG infrastructure globally
5.1.2. Restraints
5.1.2.1. High maintenance and investment costs
5.1.3. Opportunities
5.1.3.1. Government initiatives to provide tax rebates and subsidies for using CNG vehicles
5.1.3.2. Newly developed hybrid pneumatic powertrain configuration for transit vehicle applications
5.1.4. Challenges
5.1.4.1. Improper protection of exhaust and other heat-producing components
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. CNG Powertrain Market, by Drive Type
6.1. Introduction
6.2. All Wheel Drive
6.3. Front Wheel Drive
6.4. Rear Wheel Drive
7. CNG Powertrain Market, by Fuel Type
7.1. Introduction
7.2. Bi-Fuel
7.3. Mono Fuel
8. CNG Powertrain Market, by Vehicle Type
8.1. Introduction
8.2. Commercial Vehicles
8.3. Passenger Vehicles
9. Americas CNG Powertrain Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific CNG Powertrain Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa CNG Powertrain Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. AB Volvo
13.1.2. BorgWarner Inc.
13.1.3. CNH Industrial NV
13.1.4. Cummins Inc.
13.1.5. Ford Motor Company
13.1.6. FPT Industrial S.P.A.
13.1.7. Honda Motor Company
13.1.8. Hyundai Motor Company
13.1.9. Landi Renzo SpA
13.1.10. Maruti Suzuki India Limited
13.1.11. Mijo Auto Gas Pvt. Ltd.
13.1.12. Minda Industries Ltd.
13.1.13. Nissan Motor Corporation
13.1.14. Robert Bosch GmbH
13.1.15. Suzuki Motor Corporation
13.1.16. Tata Motors Limited
13.1.17. Volkswagen AG
13.1.18. Westport Fuel Systems Inc.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing

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