Global Compressed Natural Gas (CNG) Vehicle Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Compressed Natural Gas (CNG) Vehicle Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

According to APO Research, The global Compressed Natural Gas (CNG) Vehicle market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Compressed Natural Gas (CNG) Vehicle is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Compressed Natural Gas (CNG) Vehicle is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Compressed Natural Gas (CNG) Vehicle is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Compressed Natural Gas (CNG) Vehicle include Volkswagen AG, Toyota Motor Corporation, Nissan Motor Company, Navistar International Corporation, Isuzu Motors Ltd., Honda Motor Company, Groupe Renault and General Motors, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope


This report aims to provide a comprehensive presentation of the global market for Compressed Natural Gas (CNG) 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 Compressed Natural Gas (CNG) Vehicle.
The Compressed Natural Gas (CNG) Vehicle market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Compressed Natural Gas (CNG) Vehicle market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights


In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Volkswagen AG
Toyota Motor Corporation
Nissan Motor Company
Navistar International Corporation
Isuzu Motors Ltd.
Honda Motor Company
Groupe Renault
General Motors
Compressed Natural Gas (CNG) Vehicle segment by Type

Passenger Cars
Light Commercial Vehicles
Medium and Heavy Commercial Vehicles
Compressed Natural Gas (CNG) Vehicle segment by Application

Online Sales
Offline Sales
Compressed Natural Gas (CNG) Vehicle Segment by Region

North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers


High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Compressed Natural Gas (CNG) Vehicle market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Compressed Natural Gas (CNG) Vehicle and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Compressed Natural Gas (CNG) Vehicle.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Compressed Natural Gas (CNG) Vehicle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Compressed Natural Gas (CNG) Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Compressed Natural Gas (CNG) Vehicle Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Compressed Natural Gas (CNG) Vehicle Sales Estimates and Forecasts (2019-2030)
1.3 Compressed Natural Gas (CNG) Vehicle Market by Type
1.3.1 Passenger Cars
1.3.2 Light Commercial Vehicles
1.3.3 Medium and Heavy Commercial Vehicles
1.4 Global Compressed Natural Gas (CNG) Vehicle Market Size by Type
1.4.1 Global Compressed Natural Gas (CNG) Vehicle Market Size Overview by Type (2019-2030)
1.4.2 Global Compressed Natural Gas (CNG) Vehicle Historic Market Size Review by Type (2019-2024)
1.4.3 Global Compressed Natural Gas (CNG) Vehicle Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Compressed Natural Gas (CNG) Vehicle Sales Breakdown by Type (2019-2024)
1.5.2 Europe Compressed Natural Gas (CNG) Vehicle Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Compressed Natural Gas (CNG) Vehicle Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Compressed Natural Gas (CNG) Vehicle Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Compressed Natural Gas (CNG) Vehicle Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Compressed Natural Gas (CNG) Vehicle Industry Trends
2.2 Compressed Natural Gas (CNG) Vehicle Industry Drivers
2.3 Compressed Natural Gas (CNG) Vehicle Industry Opportunities and Challenges
2.4 Compressed Natural Gas (CNG) Vehicle Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Compressed Natural Gas (CNG) Vehicle Revenue (2019-2024)
3.2 Global Top Players by Compressed Natural Gas (CNG) Vehicle Sales (2019-2024)
3.3 Global Top Players by Compressed Natural Gas (CNG) Vehicle Price (2019-2024)
3.4 Global Compressed Natural Gas (CNG) Vehicle Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Compressed Natural Gas (CNG) Vehicle Key Company Manufacturing Sites & Headquarters
3.6 Global Compressed Natural Gas (CNG) Vehicle Company, Product Type & Application
3.7 Global Compressed Natural Gas (CNG) Vehicle Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Compressed Natural Gas (CNG) Vehicle Market CR5 and HHI
3.8.2 Global Top 5 and 10 Compressed Natural Gas (CNG) Vehicle Players Market Share by Revenue in 2023
3.8.3 2023 Compressed Natural Gas (CNG) Vehicle Tier 1, Tier 2, and Tier 3
4 Compressed Natural Gas (CNG) Vehicle Regional Status and Outlook
4.1 Global Compressed Natural Gas (CNG) Vehicle Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Compressed Natural Gas (CNG) Vehicle Historic Market Size by Region
4.2.1 Global Compressed Natural Gas (CNG) Vehicle Sales in Volume by Region (2019-2024)
4.2.2 Global Compressed Natural Gas (CNG) Vehicle Sales in Value by Region (2019-2024)
4.2.3 Global Compressed Natural Gas (CNG) Vehicle Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Compressed Natural Gas (CNG) Vehicle Forecasted Market Size by Region
4.3.1 Global Compressed Natural Gas (CNG) Vehicle Sales in Volume by Region (2025-2030)
4.3.2 Global Compressed Natural Gas (CNG) Vehicle Sales in Value by Region (2025-2030)
4.3.3 Global Compressed Natural Gas (CNG) Vehicle Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Compressed Natural Gas (CNG) Vehicle by Application
5.1 Compressed Natural Gas (CNG) Vehicle Market by Application
5.1.1 Online Sales
5.1.2 Offline Sales
5.2 Global Compressed Natural Gas (CNG) Vehicle Market Size by Application
5.2.1 Global Compressed Natural Gas (CNG) Vehicle Market Size Overview by Application (2019-2030)
5.2.2 Global Compressed Natural Gas (CNG) Vehicle Historic Market Size Review by Application (2019-2024)
5.2.3 Global Compressed Natural Gas (CNG) Vehicle Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Compressed Natural Gas (CNG) Vehicle Sales Breakdown by Application (2019-2024)
5.3.2 Europe Compressed Natural Gas (CNG) Vehicle Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Compressed Natural Gas (CNG) Vehicle Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Compressed Natural Gas (CNG) Vehicle Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Compressed Natural Gas (CNG) Vehicle Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Volkswagen AG
6.1.1 Volkswagen AG Comapny Information
6.1.2 Volkswagen AG Business Overview
6.1.3 Volkswagen AG Compressed Natural Gas (CNG) Vehicle Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Volkswagen AG Compressed Natural Gas (CNG) Vehicle Product Portfolio
6.1.5 Volkswagen AG Recent Developments
6.2 Toyota Motor Corporation
6.2.1 Toyota Motor Corporation Comapny Information
6.2.2 Toyota Motor Corporation Business Overview
6.2.3 Toyota Motor Corporation Compressed Natural Gas (CNG) Vehicle Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Toyota Motor Corporation Compressed Natural Gas (CNG) Vehicle Product Portfolio
6.2.5 Toyota Motor Corporation Recent Developments
6.3 Nissan Motor Company
6.3.1 Nissan Motor Company Comapny Information
6.3.2 Nissan Motor Company Business Overview
6.3.3 Nissan Motor Company Compressed Natural Gas (CNG) Vehicle Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Nissan Motor Company Compressed Natural Gas (CNG) Vehicle Product Portfolio
6.3.5 Nissan Motor Company Recent Developments
6.4 Navistar International Corporation
6.4.1 Navistar International Corporation Comapny Information
6.4.2 Navistar International Corporation Business Overview
6.4.3 Navistar International Corporation Compressed Natural Gas (CNG) Vehicle Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Navistar International Corporation Compressed Natural Gas (CNG) Vehicle Product Portfolio
6.4.5 Navistar International Corporation Recent Developments
6.5 Isuzu Motors Ltd.
6.5.1 Isuzu Motors Ltd. Comapny Information
6.5.2 Isuzu Motors Ltd. Business Overview
6.5.3 Isuzu Motors Ltd. Compressed Natural Gas (CNG) Vehicle Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Isuzu Motors Ltd. Compressed Natural Gas (CNG) Vehicle Product Portfolio
6.5.5 Isuzu Motors Ltd. Recent Developments
6.6 Honda Motor Company
6.6.1 Honda Motor Company Comapny Information
6.6.2 Honda Motor Company Business Overview
6.6.3 Honda Motor Company Compressed Natural Gas (CNG) Vehicle Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Honda Motor Company Compressed Natural Gas (CNG) Vehicle Product Portfolio
6.6.5 Honda Motor Company Recent Developments
6.7 Groupe Renault
6.7.1 Groupe Renault Comapny Information
6.7.2 Groupe Renault Business Overview
6.7.3 Groupe Renault Compressed Natural Gas (CNG) Vehicle Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Groupe Renault Compressed Natural Gas (CNG) Vehicle Product Portfolio
6.7.5 Groupe Renault Recent Developments
6.8 General Motors
6.8.1 General Motors Comapny Information
6.8.2 General Motors Business Overview
6.8.3 General Motors Compressed Natural Gas (CNG) Vehicle Sales, Revenue and Gross Margin (2019-2024)
6.8.4 General Motors Compressed Natural Gas (CNG) Vehicle Product Portfolio
6.8.5 General Motors Recent Developments
7 North America by Country
7.1 North America Compressed Natural Gas (CNG) Vehicle Sales by Country
7.1.1 North America Compressed Natural Gas (CNG) Vehicle Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Compressed Natural Gas (CNG) Vehicle Sales by Country (2019-2024)
7.1.3 North America Compressed Natural Gas (CNG) Vehicle Sales Forecast by Country (2025-2030)
7.2 North America Compressed Natural Gas (CNG) Vehicle Market Size by Country
7.2.1 North America Compressed Natural Gas (CNG) Vehicle Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Compressed Natural Gas (CNG) Vehicle Market Size by Country (2019-2024)
7.2.3 North America Compressed Natural Gas (CNG) Vehicle Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Compressed Natural Gas (CNG) Vehicle Sales by Country
8.1.1 Europe Compressed Natural Gas (CNG) Vehicle Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Compressed Natural Gas (CNG) Vehicle Sales by Country (2019-2024)
8.1.3 Europe Compressed Natural Gas (CNG) Vehicle Sales Forecast by Country (2025-2030)
8.2 Europe Compressed Natural Gas (CNG) Vehicle Market Size by Country
8.2.1 Europe Compressed Natural Gas (CNG) Vehicle Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Compressed Natural Gas (CNG) Vehicle Market Size by Country (2019-2024)
8.2.3 Europe Compressed Natural Gas (CNG) Vehicle Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Compressed Natural Gas (CNG) Vehicle Sales by Country
9.1.1 Asia-Pacific Compressed Natural Gas (CNG) Vehicle Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Compressed Natural Gas (CNG) Vehicle Sales by Country (2019-2024)
9.1.3 Asia-Pacific Compressed Natural Gas (CNG) Vehicle Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Compressed Natural Gas (CNG) Vehicle Market Size by Country
9.2.1 Asia-Pacific Compressed Natural Gas (CNG) Vehicle Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Compressed Natural Gas (CNG) Vehicle Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Compressed Natural Gas (CNG) Vehicle Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Compressed Natural Gas (CNG) Vehicle Sales by Country
10.1.1 Latin America Compressed Natural Gas (CNG) Vehicle Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Compressed Natural Gas (CNG) Vehicle Sales by Country (2019-2024)
10.1.3 Latin America Compressed Natural Gas (CNG) Vehicle Sales Forecast by Country (2025-2030)
10.2 Latin America Compressed Natural Gas (CNG) Vehicle Market Size by Country
10.2.1 Latin America Compressed Natural Gas (CNG) Vehicle Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Compressed Natural Gas (CNG) Vehicle Market Size by Country (2019-2024)
10.2.3 Latin America Compressed Natural Gas (CNG) Vehicle Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Compressed Natural Gas (CNG) Vehicle Sales by Country
11.1.1 Middle East and Africa Compressed Natural Gas (CNG) Vehicle Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Compressed Natural Gas (CNG) Vehicle Sales by Country (2019-2024)
11.1.3 Middle East and Africa Compressed Natural Gas (CNG) Vehicle Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Compressed Natural Gas (CNG) Vehicle Market Size by Country
11.2.1 Middle East and Africa Compressed Natural Gas (CNG) Vehicle Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Compressed Natural Gas (CNG) Vehicle Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Compressed Natural Gas (CNG) Vehicle Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Compressed Natural Gas (CNG) Vehicle Value Chain Analysis
12.1.1 Compressed Natural Gas (CNG) Vehicle Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Compressed Natural Gas (CNG) Vehicle Production Mode & Process
12.2 Compressed Natural Gas (CNG) Vehicle Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Compressed Natural Gas (CNG) Vehicle Distributors
12.2.3 Compressed Natural Gas (CNG) Vehicle Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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