CNG Vehicles Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027

  • Published : Jan-2019
  • Tables : 64
  • Figures : 58
  • Category : Automotive
  • No. of Pages : 170
  • Report Code : FACT2537MR
  • Format : ppt

Automotive Industry to drive the Global CNG vehicles Market during the forecast period, and anticipated to grow at more than 3.2% CAGR

CNG vehicles continues to witness lucrative opportunities across the countries on the backdrop of the increasing number of the NGVs (Natural Gas Vehicles) and increasing preference for CNG vehicles across the world. Moreover, the growth in the automotive industry has influenced the adoption of the CNG vehicles due to the depletion of crude oil resources owing to the increasing demand for high quality and reliable CNG vehicles from the consumer. For instance, there has been an increase in the fleet of CNG vehicles by 7.4% in 2014 to 18% in 2018 across the world. The trending convergence of government regulations on fuel emissions & natural gas powered vehicles production which have more adoption rate and is further anticipated to create remunerative growth opportunities for CNG vehicles market. Around the world, governments have issued stringent regulations regarding emissions and fuel efficiency. The global fossil fuel price has seen an increasing trend over the past five to ten years. Due to these reasons, there is a growing demand for cheap and environmentally friendly fuel alternative. Original equipment manufacturers of vehicles are promoting their products by showcasing fuel efficiency and emission-free features. This factor is fueling the demand for automotive CNG vehicles market.

A recent Fact study foretells the CNG vehicles market to record an expansion at 3.2% over the forecast period (2018 – 2027). CNG vehicles continues to witness increased demand from automotive industry. However promotional buyers demand has impressive growth in some of the regions.

global cng market market share

CNG vehicles for Passenger vehicles type segment are Estimated to be the Most Lucrative Market in the CNG vehicles

The demand for CNG vehicles for passenger vehicles type segment is estimated to grow at a significant rate and is projected to reach more than thousand millions by 2027 end. The CNG vehicles for commercial vehicles segment is growing at a relatively slower pace as compared to other CNG vehicles segment. The slow growth in the commercial CNG vehicle in the market is due to the long product lifecycle and the availability in the market globally. Though the CNG vehicles for passenger vehicles segment has maximum work piece diameter, which is used in various light commercial vehicles. Therefore, it holds more than 60% share in terms of value in 2018.

Dedicated Fuel CNG vehicles are anticipated to be the most Favorable Product Type in CNG vehicles Market

Dedicated fuel CNG vehicles holds more than 45% share in CNG vehicles sales owing to have less complicated yet simple design. Although the bi-fuel and dual fuel CNG vehicles are also growing at a significant rate owing to the increasing demand for fuel efficient vehicles and optional fuel function. Also, the dedicated CNG vehicles is estimated to grow at a significant CAGR of more than 3.5% in terms of value, in the global CNG vehicles market over the forecast period.

APEJ: Market Leader in the CNG vehicles

The CNG vehicles market has been evaluated across primary regions such as North America, Latin America, Europe, Japan, Asia Pacific Excluding Japan (APEJ) and Middle East and Africa (MEA). Among these, APEJ CNG vehicles market is expected to hold favorable growth in terms of CAGR over the forecast period. In terms of value, the APEJ market is anticipated to hold a prominent share of the market by 2027. The market for CNG vehicles is estimated to grow at a significant CAGR of more than 3.6% and will represent a total incremental opportunity of over thousand millions in terms of value during the forecast period.

Competition Dashboard

The competitive landscape section of the CNG vehicles market delivers the most insightful information regarding the key market players, their relative global position and business strategies. The market for the CNG vehicles is estimated to grow over the forecast period as the contenders in the global market are rising and competition with the existing players is estimated to grow in the next nine years. The manufacturers in CNG vehicles market to expand with strategic developments such as product launches, product innovation, expansion, collaborations and acquisitions in the CNG vehicles market.

global cng market market players

Key players operating in the global market for CNG vehicles, include Ford Motor Company, Fiat Chrysler Automobiles, General Motors, Honda Motor Company, Volkswagen, Hyundai Motor Group, Suzuki Motor Corporation, Great Wall Motors, Iran Khodro, and others. Some of the aftermarket players in the CNG Vehicles market are Landi Renzo, Impco, Venchurs, Westport, Tomasetoo Achile, and others. The competition among the existing market players is very high. Therefore, to survive & succeed in such a competitive environment, manufacturers must distinguish their product offering through innovative & unique products. 

About the Report

Fact.MR published an exclusive forecast report for the CNG vehicles market between 2018 and 2027. The foremost objective of this report on CNG vehicles market is to pitch spearhead insights on market scenario, demand generators and technological advancements in CNG vehicles market. Also, the study on CNG vehicle market addresses key dynamics are expected to diversify the sales and future prominence of CNG vehicles market.

global cng market taxonomy

The report on CNG vehicle market initiates with an executive overview in which a product definition is provided. The report further proceeds with taxonomy of CNG vehicles market elaborate on the key segments. Also, the report outlines visionary insights on dynamics of CNG vehicles market including drivers, restraints, opportunities and trends and pricing analysis along with the key buying factors for CNG vehicles. Supply chain analysis and pricing analysis of CNG vehicles market along with the difference between passenger CNG vehicles and commercial CNG vehicles have also been included in the report to help the readers clearly understand the product framework map in CNG vehicles market.

Chapter 1 Global CNG Vehicles Market - Executive Summary
1.1 Global CNG Vehicles Market- Opportunity Assessment
1.2 Competitive Analysis (Fortune Wheel)
1.3 Mega Trends
1.4 Fact.MR View Point

Chapter 2 Global CNG Vehicles Market Overview
2.1 Introduction
    2.1.1 Global CNG Vehicle Market Taxonomy
    2.1.2 Global CNG Vehicles Market Definition
2.2 Global CNG Vehicles Market Size (US$ Mn & Volume (Units) and Forecast, 2013-2027
    2.2.1 Global CNG Vehicles Market Y-o-Y Growth
2.3 Global CNG Vehicles Market Dynamics
2.4 Supply Chain
2.5 Cost Structure
2.6 Pricing Analysis
    2.6.1 Pricing Analysis by Vehicles Type
    2.6.2 Pricing Forecast Till 2027
2.7 Macro - Economic Factors Influencing Demand
2.8 Forecast Factors and Relevance of impact
2.9 Global Automotive Industry Overview
2.14 CNG Vehicles Market: Notable Developments
2.15 CNG Vehicles Standards
2.16 List of key manufacturer
2.17 Political-Economical-Social-Technological-Legal-Environment (PESTLE) Analysis
2.18 Porter’s Analysis

Chapter 3 Global CNG Vehicles Market Analysis and Forecast 2013-2027
3.1 Global CNG Vehicles Market Size and Forecast By Vehicles Type, 2013-2027
    3.1.1 Passenger Market Size and Forecast, 2013-2027
           3.1.1.1 Revenue (US$ Mn) & Volume (Units) Comparison, By Region
           3.1.1.2 Market Share Comparison, By Region
           3.1.1.3 Y-o-Y growth Comparison, By Region
    3.1.2 Commercial Market Size and Forecast, 2013-2027
           3.1.2.1 Revenue (US$ Mn) & Volume (Units) Comparison, By Region
           3.1.2.2 Market Share Comparison, By Region
           3.1.2.3 Y-o-Y growth Comparison, By Region
3.2 Global CNG Vehicles Market Size and Forecast By Product Type, 2013-2027
    3.2.1 Dedicated Fuel Product Types Market Size and Forecast, 2013-2027
           3.2.1.1 Revenue (US$ Mn) & Volume (Units) Comparison, By Region
           3.2.1.2 Market Share Comparison, By Region
           3.2.1.3 Y-o-Y growth Comparison, By Region
    3.2.2 Bi-Fuel Product Types Market Size and Forecast, 2013-2027
           3.2.2.1 Revenue (US$ Mn) & Volume (Units) Comparison, By Region
           3.2.2.2 Market Share Comparison, By Region
           3.2.2.3 Y-o-Y growth Comparison, By Region
    3.2.2 Dual Fuel Product Types Market Size and Forecast, 2013-2027
           3.2.2.1 Revenue (US$ Mn) & Volume (Units) Comparison, By Region
           3.2.2.2 Market Share Comparison, By Region
           3.2.2.3 Y-o-Y growth Comparison, By Region

Chapter 4 North America CNG Vehicles Market Size and Forecast, 2013-2027
4.1 Revenue (US$ Mn) & Volume (Units) Comparison, By Country
4.2 Revenue (US$ Mn) & Volume (Units) Comparison, By Vehicles Type
4.3 Revenue (US$ Mn) & Volume (Units) Comparison, By Product Type

Chapter 5 Latin America CNG Vehicles Market Size and Forecast, 2013-2027
5.1 Revenue (US$ Mn) & Volume (Units) Comparison, By Country
5.2 Revenue (US$ Mn) & Volume (Units) Comparison, By Vehicles Type
5.3 Revenue (US$ Mn) & Volume (Units) Comparison, By Product Type

Chapter 6 Europe CNG Vehicles Market Size and Forecast, 2013-2027
6.1 Revenue (US$ Mn) & Volume (Units) Comparison, By Country
6.2 Revenue (US$ Mn) & Volume (Units) Comparison, By Vehicle Type
6.3 Revenue (US$ Mn) & Volume (Units) Comparison, By Product Type

Chapter 7 Japan CNG Vehicles Market Size and Forecast, 2013-2027
7.1 Revenue (US$ Mn) & Volume (Units) Comparison, By Country
7.2 Revenue (US$ Mn) & Volume (Units) Comparison, By Vehicle Type
7.3 Revenue (US$ Mn) & Volume (Units) Comparison, By Product Type

Chapter 8 APEJ CNG Vehicles Market Size and Forecast, 2013-2027
8.1 Revenue (US$ Mn) & Volume (Units) Comparison, By Country
8.2 Revenue (US$ Mn) & Volume (Units) Comparison, By Vehicle Type
8.3 Revenue (US$ Mn) & Volume (Units) Comparison, By Product Type

Chapter 9 MEA CNG Vehicles Market Size and Forecast, 2013-2027
9.1 Revenue (US$ Mn) & Volume (Units) Comparison, By Country
9.2 Revenue (US$ Mn) & Volume (Units) Comparison, By Vehicle Type
9.3 Revenue (US$ Mn) & Volume (Units) Comparison, By Product Type

Chapter 10 Global CNG Vehicles Market Competitive Landscape
10.1 Market Structure
10.2 Global CNG Vehicles Market Competitive Landscape, Competition Dashboard

Chapter 11 Company Profiles
11.1 Ford Motor Company
11.2 Fiat Chrysler Automobiles
11.3 General Motors
11.4 Honda Motor Company
11.5 Volkswagen
11.6 Hyundai Motor Group
11.7 Suzuki Motor Corporation
11.8 Great Wall Motors
11.9 Iran Khodro

Chapter 12 Fact.MR Research Methodology
12.1 To Begin With
12.2 How we Develop Base Year Data
12.3 Overall Approach Explained Visually
12.4 To be Noted
12.5 Average Pricing Methodology
12.6 Forecasting Methodology
12.7 For Profiling Competitors in the Market:

Chapter 13 Disclaimer

TABLE 1 Global CNG Vehicles Market Value (US$ Mn) & Volume (Units), 2013-2018
TABLE 2 Global CNG Vehicles Market Value (US$ Mn) & Volume (Units), 2019-2027
TABLE 3 Global CNG Vehicles Market Value (US$ Mn) & Volume (Units) and Y-o-Y, 2018-2027
TABLE 4 Global Passenger Segment Value (US$ Mn) & Volume (Units), By Region 2013-2018
TABLE 5 Global Passenger Segment Value (US$ Mn) & Volume (Units), By Region 2019-2027
TABLE 6 Global Passenger Segment Market Share, By Region 2013-2018
TABLE 7 Global Passenger Segment Market Share, By Region 2019-2027
TABLE 8 Global Passenger Segment Y-o-Y, By Region 2018-2027
TABLE 9 Global Commercial Segment Value (US$ Mn) & Volume (Units), By Region 2013-2018
TABLE 10 Global Commercial Segment Value (US$ Mn) & Volume (Units), By Region 2019-2027
TABLE 11 Global Commercial Segment Market Share, By Region 2013-2018
TABLE 12 Global Commercial Segment Market Share, By Region 2019-2027
TABLE 13 Global Commercial Segment Y-o-Y, By Region 2018-2027
TABLE 14 Global Dedicated Fuel Product Types Segment Value (US$ Mn) & Volume (Units), By Region 2013-2018
TABLE 15 Global Dedicated Fuel Product Types Segment Value (US$ Mn) & Volume (Units), By Region 2019-2027
TABLE 16 Global Dedicated Fuel Product Types Segment Market Share, By Region 2013-2018
TABLE 17 Global Dedicated Fuel Product Types Segment Market Share, By Region 2019-2027
TABLE 18 Global Dedicated Fuel Product Types Segment Y-o-Y, By Region 2018-2027
TABLE 19 Global Bi-Fuel Product Types Segment Value (US$ Mn) & Volume (Units), By Region 2013-2018
TABLE 20 Global Bi-Fuel Product Types Segment Value (US$ Mn) & Volume (Units), By Region 2019-2027
TABLE 21 Global Bi-Fuel Product Types Segment Market Share, By Region 2013-2018
TABLE 22 Global Bi-Fuel Product Types Segment Market Share, By Region 2019-2027
TABLE 23 Global Bi-Fuel Product Types Segment Y-o-Y, By Region 2018-2027
TABLE 24 Global Dual Fuel Product Types Segment Value (US$ Mn) & Volume (Units), By Region 2013-2018
TABLE 25 Global Dual Fuel Product Types Segment Value (US$ Mn) & Volume (Units), By Region 2019-2027
TABLE 26 Global Dual Fuel Product Types Segment Market Share, By Region 2013-2018
TABLE 27 Global Dual Fuel Product Types Segment Market Share, By Region 2019-2027
TABLE 28 Global Dual Fuel Product Types Segment Y-o-Y, By Region 2018-2027
TABLE 29 North America CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Country 2013-2018
TABLE 30 North America CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Country 2019-2027
TABLE 31 North America CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Vehicle Type 2013-2018
TABLE 32 North America CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Vehicle Type 2019-2027
TABLE 33 North America CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Product Type 2013-2018
TABLE 34 North America CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Product Type 2019-2027
TABLE 35 Latin America CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Country 2013-2018
TABLE 36 Latin America CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Country 2019-2027
TABLE 37 Latin America CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Vehicle Type 2013-2018
TABLE 38 Latin America CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Vehicle Type 2019-2027
TABLE 39 Latin America CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Product Type 2013-2018
TABLE 40 Latin America CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Product Type 2019-2027
TABLE 41 Europe CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Country 2013-2018
TABLE 42 Europe CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Country 2019-2027
TABLE 43 Europe CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Vehicle Type 2013-2018
TABLE 44 Europe CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Vehicle Type 2019-2027
TABLE 45 Europe CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Product Type 2013-2018
TABLE 46 Europe CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Product Type 2019-2027
TABLE 47 Japan CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Country 2013-2018
TABLE 48 Japan CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Country 2019-2027
TABLE 49 Japan CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Vehicle Type 2013-2018
TABLE 50 Japan CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Vehicle Type 2019-2027
TABLE 51 Japan CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Product Type 2013-2018
TABLE 52 Japan CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Product Type 2019-2027
TABLE 53 APEJ CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Country 2013-2018
TABLE 54 APEJ CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Country 2019-2027
TABLE 55 APEJ CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Vehicle Type 2013-2018
TABLE 56 APEJ CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Vehicle Type 2019-2027
TABLE 57 APEJ CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Product Type 2013-2018
TABLE 58 APEJ CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Product Type 2019-2027
TABLE 59 MEA CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Country 2013-2018
TABLE 60 MEA CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Country 2019-2027
TABLE 61 MEA CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Vehicle Type 2013-2018
TABLE 62 MEA CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Vehicle Type 2019-2027
TABLE 63 MEA CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Product Type 2013-2018
TABLE 64 MEA CNG Vehicle Market Value (US$ Mn) & Volume (Units), By Product Type 2019-2027

FIG. 1 Global CNG Vehicle Market Value (US$ Mn), 2013-2018
FIG. 2 Global CNG Vehicle Market Value (US$ Mn) Forecast, 2019-2027
FIG. 3 Global CNG Vehicle Market Value (US$ Mn) and Y-o-Y, 2018-2027
FIG. 4 Global Passenger Segment Market Value (US$ Mn) By Region, 2013-2018
FIG. 5 Global Passenger Segment Market Value (US$ Mn) By Region, 2019-2027
FIG. 6 Global Passenger Segment Y-o-Y Growth Rate, By Region, 2018-2027
FIG. 7 Global Commercial Segment Market Value (US$ Mn) By Region, 2013-2018
FIG. 8 Global Commercial Segment Market Value (US$ Mn) By Region, 2019-2027
FIG. 9 Global Commercial Segment Y-o-Y Growth Rate, By Region, 2018-2027
FIG. 10 Global Dedicated Fuel Product Types Segment Market Value (US$ Mn) By Region, 2013-2018
FIG. 11 Global Dedicated Fuel Product Types Segment Market Value (US$ Mn) By Region, 2019-2027
FIG. 12 Global Dedicated Fuel Product Types Segment Y-o-Y Growth Rate, By Region, 2018-2027
FIG. 13 Global Bi-Fuel Product Types Segment Market Value (US$ Mn) By Region, 2013-2018
FIG. 14 Global Bi-Fuel Product Types Segment Market Value (US$ Mn) By Region, 2019-2027
FIG. 15 Global Bi-Fuel Product Types Segment Y-o-Y Growth Rate, By Region, 2018-2027
FIG. 16 Global Dual Fuel Product Types Segment Market Value (US$ Mn) By Region, 2013-2018
FIG. 17 Global Dual Fuel Product Types Segment Market Value (US$ Mn) By Region, 2019-2027
FIG. 18 Global Dual Fuel Product Types Segment Y-o-Y Growth Rate, By Region, 2018-2027
FIG. 19 North America CNG Vehicle Market Value (US$ Mn), By Country 2013-2018
FIG. 20 North America CNG Vehicle Market Value (US$ Mn), By Country 2019-2027
FIG. 21 North America CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2013-2018
FIG. 22 North America CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2019-2027
FIG. 23 North America CNG Vehicle Market Value (US$ Mn), By Product Type 2013-2018
FIG. 24 North America CNG Vehicle Market Value (US$ Mn), By Product Type 2019-2027
FIG. 25 Latin America CNG Vehicle Market Value (US$ Mn), By Country 2013-2018
FIG. 26 Latin America CNG Vehicle Market Value (US$ Mn), By Country 2019-2027
FIG. 27 Latin America CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2013-2018
FIG. 28 Latin America CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2019-2027
FIG. 29 Latin America CNG Vehicle Market Value (US$ Mn), By Product Type 2013-2018
FIG. 30 Latin America CNG Vehicle Market Value (US$ Mn), By Product Type 2019-2027
FIG. 31 Latin America CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2013-2018
FIG. 32 Latin America CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2019-2027
FIG. 33 Latin America CNG Vehicle Market Value (US$ Mn), By Product Type 2013-2018
FIG. 34 Latin America CNG Vehicle Market Value (US$ Mn), By Product Type 2019-2027
FIG. 35 Europe CNG Vehicle Market Value (US$ Mn), By Country 2013-2018
FIG. 36 Europe CNG Vehicle Market Value (US$ Mn), By Country 2019-2027
FIG. 37 Europe CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2013-2018
FIG. 38 Europe CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2019-2027
FIG. 39 Europe CNG Vehicle Market Value (US$ Mn), By Product Type 2013-2018
FIG. 40 Europe CNG Vehicle Market Value (US$ Mn), By Product Type 2019-2027
FIG. 41 Japan CNG Vehicle Market Value (US$ Mn), By Country 2013-2018
FIG. 42 Japan CNG Vehicle Market Value (US$ Mn), By Country 2019-2027
FIG. 43 Japan CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2013-2018
FIG. 44 Japan CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2019-2027
FIG. 45 Japan CNG Vehicle Market Value (US$ Mn), By Product Type 2013-2028
FIG. 46 Japan CNG Vehicle Market Value (US$ Mn), By Product Type 2019-2027
FIG. 47 APEJ CNG Vehicle Market Value (US$ Mn), By Country 2013-2018
FIG. 48 APEJ CNG Vehicle Market Value (US$ Mn), By Country 2019-2027
FIG. 49 APEJ CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2013-2018
FIG. 50 APEJ CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2019-2027
FIG. 51 APEJ CNG Vehicle Market Value (US$ Mn), By Product Type 2013-2018
FIG. 52 APEJ CNG Vehicle Market Value (US$ Mn), By Product Type 2019-2027
FIG. 53 MEA CNG Vehicle Market Value (US$ Mn), By Country 2013-2018
FIG. 54 MEA CNG Vehicle Market Value (US$ Mn), By Country 2019-2027
FIG. 55 MEA CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2013-2018
FIG. 56 MEA CNG Vehicle Market Value (US$ Mn), By Vehicle Type 2019-2027
FIG. 57 MEA CNG Vehicle Market Value (US$ Mn), By Product Type 2013-2018
FIG. 58 MEA CNG Vehicle Market Value (US$ Mn), By Product Type 2019-2027

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