CNG and LPG Vehicle Market Research Report: By Fuel Type (CNG, LPG), Vehicle Type (Passenger Car, Light and Heavy-Duty Truck, Bus) – Global Industry Analysis and Growth Forecast to 2030

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Market Segmentation by Fuel Type

1.3.2 Market Segmentation by Vehicle Type

1.3.3 Market Segmentation by Geography

1.3.4 Analysis Period

1.3.5 Market Data Reporting Unit

1.3.5.1 Volume

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.2.1 Breakdown of Primary Research Respondents

2.2.1.1 By industry participant

2.2.1.2 By company type

2.3 Market Size Estimation

2.3.1 Global CNG and LPG Vehicle Market Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

3.1 Competitiveness of LPG/Autogas against CNG

Chapter 4. Introduction

4.1 Definition of Market Segments

4.1.1 By Fuel Type

4.1.1.1 CNG

4.1.1.2 LPG

4.2 Value Chain Analysis

4.3 Competitive Positioning of Global CNG and LPG Vehicle Market

4.4 Market Dynamics

4.4.1 Trends

4.4.1.1 Increasing trend toward adoption of clean energy

4.4.2 Drivers

4.4.2.1 Low Running Cost

4.4.2.2 Rising e-commerce industry

4.4.2.3 Impact analysis of drivers on market forecast

4.4.3 Restraints

4.4.3.1 Rising demand for electric vehicle

4.4.3.2 High initial cost associated with CNG and LPG vehicle

4.4.3.3 Impact analysis of restraints on market forecast

4.4.4 Opportunities

4.4.4.1 Growing popularity of natural gas fueled buses from emerging economies

4.5 Porter’s Five Forces Analysis

4.5.1 Bargaining Power of Buyers

4.5.2 Bargaining Power of Suppliers

4.5.3 Intensity of Rivalry

4.5.4 Threat of New Entrants

4.5.5 Threat of Substitutes

Chapter 5. Global Market Size and Forecast

5.1 By Fuel Type

5.2 By Vehicle Type

5.3 By Region

Chapter 6. North America Market Size and Forecast

6.1 By Fuel Type

6.2 By Vehicle Type

6.3 By Country

Chapter 7. Europe Market Size and Forecast

7.1 By Fuel Type

7.2 By Vehicle Type

7.3 By Country

Chapter 8. APAC Market Size and Forecast

8.1 By Fuel Type

8.2 By Vehicle Type

8.3 By Country

Chapter 9. LAMEA Market Size and Forecast

9.1 By Fuel Type

9.2 By Vehicle Type

9.3 By Country

Chapter 10. Major Market Segments

10.1 Global CNG Vehicle Market

10.1.1 India, by Vehicle Type

10.1.2 China, by Vehicle Type

10.1.3 Brazil, by Vehicle Type

10.1.4 Iran, by Vehicle Type

10.1.5 Argentina, by Vehicle Type

10.2 Global LPG Vehicle Market

10.2.1 Turkey, by Vehicle Type

10.2.2 Russia, by Vehicle Type

10.2.3 Poland, by Vehicle Type

10.2.4 Italy, by Vehicle Type

10.2.5 India, by Vehicle Type

Chapter 11. Competitive Landscape

11.1 Competitive Landscape: Global CNG and LPG Vehicle Market

11.2 Strategic Developments of Key Players

11.2.1 Product Launches

11.2.2 Partnerships, Mergers and Acquisitions

11.2.3 Client Wins

11.2.4 Other Developments

Chapter 12. Company Profiles

12.1 Ford Motor Co.

12.1.1 Business Overview

12.1.2 Product and Service Offerings

12.1.3 Key Financial Summary

12.2 General Motors Co.

12.2.1 Business Overview

12.2.2 Product and Service Offerings

12.2.3 Key Financial Summary

12.3 Fiat Chrysler Automobiles N.V.

12.3.1 Business Overview

12.3.2 Product and Service Offerings

12.3.3 Key Financial Summary

12.4 Toyota Motor Corporation

12.4.1 Business Overview

12.4.2 Product and Service Offerings

12.4.3 Key Financial Summary

12.5 Honda Motors Co. Ltd.

12.5.1 Business Overview

12.5.2 Product and Service Offerings

12.5.3 Key Financial Summary

12.6 Tata Motors Ltd.

12.6.1 Business Overview

12.6.2 Product and Service Offerings

12.6.3 Key Financial Summary

12.7 AB Volvo

12.7.1 Business Overview

12.7.2 Product and Service Offerings

12.7.3 Key Financial Summary

12.8 Daimler AG

12.8.1 Business Overview

12.8.2 Product and Service Offerings

12.8.3 Key Financial Summary

12.9 Suzuki Motors Corp.

12.9.1 Business Overview

12.9.2 Product and Service Offerings

12.9.3 Key Financial Summary

12.10 Volkswagen AG

12.10.1 Business Overview

12.10.2 Product and Service Offerings

12.10.3 Key Financial Summary

Chapter 13. Company Profiles – Aftermarket/Kit Manufacturers

13.1 Landi Renzo S.P.A

13.1.1 Business Overview

13.1.2 Product and Service Offerings

13.1.3 Key Financial Summary

13.2 Tartarini Auto S.R.L.

13.2.1 Business Overview

13.2.2 Product and Service Offerings

13.3 Tomasetto Achille SpA

13.3.1 Business Overview

13.3.2 Product and Service Offerings

13.4 Westport Fuel Systems Inc.

13.4.1 Business Overview

13.4.2 Product and Service Offerings

13.4.3 Key Financial Summary

Chapter 14. Appendix

14.1 Abbreviations

14.2 Sources and References

14.3 Related Reports

 

LIST OF TABLES

 

TABLE 1 ANALYSIS PERIOD OF THE STUDY

TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS

TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS

TABLE 4 BARGAINING POWER OF BUYERS

TABLE 5 BARGAINING POWER OF SUPPLIERS

TABLE 6 INTENSITY OF RIVALRY

TABLE 7 THREAT OF NEW ENTRANTS

TABLE 8 THREAT OF SUBSTITUTES

TABLE 9 GLOBAL CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2019–2024)

TABLE 10 GLOBAL CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2020-2030)

TABLE 11 GLOBAL CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 12 GLOBAL CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 13 GLOBAL CNG AND LPG VEHICLE MARKET, BY REGION, THOUSAND UNITS (2019–2024)

TABLE 14 GLOBAL CNG AND LPG VEHICLE MARKET, BY REGION, THOUSAND UNITS (2020-2030)

TABLE 15 NORTH AMERICA CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2019–2024)

TABLE 16 NORTH AMERICA CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2020-2030)

TABLE 17 NORTH AMERICA CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 18 NORTH AMERICA CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 19 NORTH AMERICA CNG AND LPG VEHICLE MARKET, BY COUNTRY, THOUSAND UNITS (2019–2024)

TABLE 20 NORTH AMERICA CNG AND LPG VEHICLE MARKET, BY COUNTRY, THOUSAND UNITS (2020-2030)

TABLE 21 EUROPE CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2019–2024)

TABLE 22 EUROPE CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2020-2030)

TABLE 23 EUROPE CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 24 EUROPE CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 25 EUROPE CNG AND LPG VEHICLE MARKET, BY COUNTRY, THOUSAND UNITS (2019–2024)

TABLE 26 EUROPE CNG AND LPG VEHICLE MARKET, BY COUNTRY, THOUSAND UNITS (2020-2030)

TABLE 27 APAC CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2019–2024)

TABLE 28 APAC CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2020-2030)

TABLE 29 APAC CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 30 APAC CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 31 APAC CNG AND LPG VEHICLE MARKET, BY COUNTRY, THOUSAND UNITS (2019–2024)

TABLE 32 APAC CNG AND LPG VEHICLE MARKET, BY COUNTRY, THOUSAND UNITS (2020-2030)

TABLE 33 LAMEA CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2019–2024)

TABLE 34 LAMEA CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2020-2030)

TABLE 35 LAMEA CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 36 LAMEA CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 37 LAMEA CNG AND LPG VEHICLE MARKET, BY COUNTRY, THOUSAND UNITS (2019–2024)

TABLE 38 LAMEA CNG AND LPG VEHICLE MARKET, BY COUNTRY, THOUSAND UNITS (2020-2030)

TABLE 39 INDIA CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 40 INDIA CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 41 CHINA CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 42 CHINA CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 43 BRAZIL CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 44 BRAZIL CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 45 IRAN CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 46 IRAN CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 47 ARGENTINA CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 48 ARGENTINA CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 49 TURKEY LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 50 TURKEY LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 51 RUSSIA LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 52 RUSSIA LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 53 POLAND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 54 POLAND CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 55 ITALY LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 56 ITALY LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 57 INDIA LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2024)

TABLE 58 INDIA LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2020-2030)

TABLE 59 FORD MOTOR CO. – AT A GLANCE

TABLE 60 FORD MOTOR CO. – KEY FINANCIAL SUMMARY

TABLE 61 GENERAL MOTORS CO. – AT A GLANCE

TABLE 62 GENERAL MOTORS CO. – KEY FINANCIAL SUMMARY

TABLE 63 FIAT CHRYSLER AUTOMOBILES N.V. – AT A GLANCE

TABLE 64 FIAT CHRYSLER AUTOMOBILES N.V. – KEY FINANCIAL SUMMARY

TABLE 65 TOYOTA MOTOR CORPORATION – AT A GLANCE

TABLE 66 TOYOTA MOTOR CORPORATION – KEY FINANCIAL SUMMARY

TABLE 67 HONDA MOTORS CO. LTD. – AT A GLANCE

TABLE 68 HONDA MOTORS CO. LTD. – KEY FINANCIAL SUMMARY

TABLE 69 TATA MOTORS LTD. – AT A GLANCE

TABLE 70 TATA MOTORS LTD. – KEY FINANCIAL SUMMARY

TABLE 71 AB VOLVO – AT A GLANCE

TABLE 72 AB VOLVO – KEY FINANCIAL SUMMARY

TABLE 73 DAIMLER AG – AT A GLANCE

TABLE 74 DAIMLER AG – KEY FINANCIAL SUMMARY

TABLE 75 SUZUKI MOTORS CORP. – AT A GLANCE

TABLE 76 SUZUKI MOTORS CORP. – KEY FINANCIAL SUMMARY

TABLE 77 VOLKSWAGEN AG – AT A GLANCE

TABLE 78 VOLKSWAGEN AG – KEY FINANCIAL SUMMARY

TABLE 79 LANDI RENZO S.P.A – AT A GLANCE

TABLE 80 LANDI RENZO S.P.A – KEY FINANCIAL SUMMARY

TABLE 81 TARTARINI AUTO S.R.L. – AT A GLANCE

TABLE 82 TOMASETTO ACHILLE SPA – AT A GLANCE

TABLE 83 WESTPORT FUEL SYSTEMS INC.– AT A GLANCE

TABLE 84 WESTPORT INNOVATIONS INC.– KEY FINANCIAL SUMMARY

 

LIST OF FIGURES

 

FIG 1 RESEARCH SCOPE

FIG 2 RESEARCH METHODOLOGY

FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT

FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE

FIG 5 DATA TRIANGULATION APPROACH

FIG 6 GLOBAL CNG AND LPG VEHICLE MARKET SUMMARY

FIG 7 VALUE CHAIN ANALYSIS

FIG 8 COMPETITIVE POSITIONING OF GLOBAL CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE

FIG 9 GLOBAL CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2019–2030)

FIG 10 GLOBAL CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 11 GLOBAL CNG AND LPG VEHICLE MARKET, BY REGION, THOUSAND UNITS (2019–2030)

FIG 12 NORTH AMERICA CNG AND LPG VEHICLE MARKET SNAPSHOT

FIG 13 NORTH AMERICA CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2019–2030)

FIG 14 NORTH AMERICA CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 15 NORTH AMERICA CNG AND LPG VEHICLE MARKET, BY COUNTRY, THOUSAND UNITS (2019–2030)

FIG 16 EUROPE CNG AND LPG VEHICLE MARKET SNAPSHOT

FIG 17 EUROPE CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2019–2030)

FIG 18 EUROPE CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 19 EUROPE CNG AND LPG VEHICLE MARKET, BY COUNTRY, THOUSAND UNITS (2019–2030)

FIG 20 APAC CNG AND LPG VEHICLE MARKET SNAPSHOT

FIG 21 APAC CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2019–2030)

FIG 22 APAC CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 23 APAC CNG AND LPG VEHICLE MARKET, BY COUNTRY, THOUSAND UNITS (2019–2030)

FIG 24 LAMEA CNG AND LPG VEHICLE MARKET SNAPSHOT

FIG 25 LAMEA CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, THOUSAND UNITS (2019–2030)

FIG 26 LAMEA CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 27 LAMEA CNG AND LPG VEHICLE MARKET, BY COUNTRY, THOUSAND UNITS (2019–2030)

FIG 28 INDIA CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 29 CHINA CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 30 BRAZIL CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 31 IRAN CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 32 ARGENTINA CNG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 33 TURKEY LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 34 RUSSIA LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 35 POLAND LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 36 ITALY LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 37 INDIA LPG VEHICLE MARKET, BY VEHICLE TYPE, THOUSAND UNITS (2019–2030)

FIG 38 FORD MOTOR CO. – REVENUE SPLIT BY SEGMENT AND SALES VOLUME BY GEOGRAPHY (2023)

FIG 39 GENERAL MOTORS CO. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 40 FIAT CHRYSLER AUTOMOBILES N.V. – REVENUE SPLIT BY SEGMENT (2023)

FIG 41 TOYOTA MOTOR CORPORATION – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 42 HONDA MOTORS CO. LTD. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 43 TATA MOTORS LTD. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 44 AB VOLVO– REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 45 DAIMLER AG – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 46 SUZUKI MOTORS CORP. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 47 VOLKSWAGEN AG – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 48 LANDI RENZO S.P.A – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 49 WESTPORT INNOVATIONS INC.– REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)