Global LNG Truck Market Growth 2023-2029

Global LNG Truck Market Growth 2023-2029

LPI (LP Information)' newest research report, the “LNG Truck Industry Forecast” looks at past sales and reviews total world LNG Truck sales in 2022, providing a comprehensive analysis by region and market sector of projected LNG Truck sales for 2023 through 2029. With LNG Truck sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LNG Truck industry.

This Insight Report provides a comprehensive analysis of the global LNG Truck landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LNG Truck portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global LNG Truck market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LNG Truck and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LNG Truck.

The global LNG Truck market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for LNG Truck is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for LNG Truck is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for LNG Truck is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key LNG Truck players cover Sinotruk Group, Shaanxi Automobile Group, Faw jiefang, China International Marine Containers (Group), Fiat Industrial, Daimler, Volvo Trucks, Scania and Paccar, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of LNG Truck market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Tractor Truck
Dump Truck
Other

Segmentation by application
Transportation
Construction
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sinotruk Group
Shaanxi Automobile Group
Faw jiefang
China International Marine Containers (Group)
Fiat Industrial
Daimler
Volvo Trucks
Scania
Paccar
ISUZU

Key Questions Addressed in this Report

What is the 10-year outlook for the global LNG Truck market?

What factors are driving LNG Truck market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do LNG Truck market opportunities vary by end market size?

How does LNG Truck break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.