Global Compressed Natural Gas Vehicles Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030
Compressed 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.
According to APO Research, The global Compressed Natural Gas Vehicles market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
MENA is the largest Compressed Natural Gas Vehicles market with about 24% market share. South Asia is follower, accounting for about 21% market share.
The key players are Faw-Volkswagen, DPCA, Beijing Hyundai, Saic-Volkswagen, DYK, Changan-Suzuki, Cherry, BYD, Lifan, Yutong, JAC, Shudu Bus, Zhongtong Bus, King Long, SG Automotive Group, Asiastar, Yangtse, Foton, Brilliance Auto, Haima, Shaolin Bus, Geely, Changan etc. Top 3 companies occupied about 70% market share.
In terms of production side, this report researches the Compressed Natural Gas Vehicles production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of Compressed Natural Gas Vehicles by region (region level and country level), by company, by type and by application. from 2019 to 2024 and forecast to 2030.
This report presents an overview of global market for Compressed Natural Gas Vehicles, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Compressed Natural Gas Vehicles, also provides the consumption of main regions and countries. Of the upcoming market potential for Compressed Natural Gas Vehicles, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Compressed Natural Gas Vehicles sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Compressed Natural Gas Vehicles market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Compressed Natural Gas Vehicles sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Faw-Volkswagen, DPCA, Beijing Hyundai, Saic-Volkswagen, DYK, Changan-Suzuki, Cherry, BYD and Lifan, etc.
Compressed Natural Gas Vehicles segment by Company
Faw-Volkswagen
DPCA
Beijing Hyundai
Saic-Volkswagen
DYK
Changan-Suzuki
Cherry
BYD
Lifan
Yutong
JAC
Shudu Bus
Zhongtong Bus
King Long
SG Automotive Group
Asiastar
Yangtse
Foton
Brilliance Auto
Haima
Shaolin Bus
Geely
Changan
Compressed Natural Gas Vehicles segment by Type
Passenger Car
Bus
Truck
Compressed Natural Gas Vehicles segment by Application
Operating Vehicle
Family Car
Compressed Natural Gas Vehicles segment by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Study Objectives1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report1. 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 Vehicles 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 Vehicles 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 Vehicles.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter OutlineChapter 1: Provides an overview of the Compressed Natural Gas Vehicles market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2019-2030).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Compressed Natural Gas Vehicles industry.
Chapter 3: Detailed analysis of Compressed Natural Gas Vehicles market competition landscape. Including Compressed Natural Gas Vehicles manufacturers' output value, output and average price from 2019 to 2024, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Compressed Natural Gas Vehicles by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Compressed Natural Gas Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.