Automotive Natural Gas Vehicle Market, By Fuel Type (CNG and LNG), By Vehicle Type, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
REPORT HIGHLIGHT
Automotive Natural Gas Vehicle Market size was valued at USD 13,542.2 Million in 2023, expanding at a CAGR of 7.50% from 2024 to 2032.
Automotive natural gas vehicles use natural liquefied gas or compressed natural gas instead of gasoline, diesel, or any other fuel. Automotive natural gas vehicles do not pollute the environment and are less expensive. The burning of methane and oxygen produces water and carbon dioxide, which powers automobile natural gas vehicles. Natural gas vehicles provide excellent mileage, whereas centrally supplied fleets provide comparable fuel ranges for large distances. Furthermore, automobile natural gas vehicles provide lower transportation expenses and higher fuel efficiency.
Automotive Natural Gas Vehicle Market- Market Dynamics
Stringent air pollution control rules are expected to greatly boost the future growth of the automotive natural gas vehicle market. Air pollution is the contamination of air by any physical, chemical, or biological pollutants that are damaging to both animals and people. Governments are concerned about the harmful impacts of air pollution and have begun to establish various pollution-control legislation. This has raised demand for automotive natural gas vehicles, which have minimal emissions due to the fuel\'s lower carbon content. For instance, the World Health Organization\'s Global Air Quality Guidelines, which go into effect in September 2021, aim to save lives and improve air quality caused by pollution. These guidelines also highlight best practices for managing specific types of particulate matter, such as elemental carbon, sand particles, ultrafine particles, and dust storms, in order to establish air quality guidelines.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL AUTOMOTIVE NATURAL GAS VEHICLE MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Agility Fuel Solutions
AB Volvo
Beiqi Foton Motor Co., Ltd.
CNH Industrial N.V.
Clean Energy Fuels
Cummins, Inc.
PACCAR, Inc.
Navistar, Inc.
Quantum Fuel Systems LLC
Westport Fuel Systems Inc.
Others
GLOBAL AUTOMOTIVE NATURAL GAS VEHICLE MARKET, BY FUEL TYPE- MARKET ANALYSIS, 2019 - 2032
CNG
LNG
GLOBAL AUTOMOTIVE NATURAL GAS VEHICLE MARKET, BY VEHICLE TYPE- MARKET ANALYSIS, 2019 - 2032
Passenger Vehicles
Light-duty & Heavy-duty Buses and Trucks
Three-wheelers
GLOBAL AUTOMOTIVE NATURAL GAS VEHICLE MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
North America
o The U.S.
o Canada
Europe
o Germany
o France
o Italy
o Spain
o United Kingdom
o Russia
o Netherlands
o Sweden
o Poland
o Rest of Europe
Asia Pacific
o India
o China
o South Korea
o Japan
o Australia
o Thailand
o Indonesia
o Philippines
o Rest of APAC
Latin America
o Brazil
o Mexico
o Argentina
o Colombia
o Rest of LATAM
The Middle East and Africa
o Saudi Arabia
o United Arab Emirates
o Israel
o Turkey
o Algeria
o Egypt
o Rest of MEA
TABLE OF CONTENT
1. Automotive Natural Gas Vehicle Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Automotive Natural Gas Vehicle Market Snippet by Fuel Type
2.1.2. Automotive Natural Gas Vehicle Market Snippet by Vehicle Type
2.1.3. Automotive Natural Gas Vehicle Market Snippet by Country
2.1.4. Automotive Natural Gas Vehicle Market Snippet by Region
2.2. Competitive Insights
3. Automotive Natural Gas Vehicle Key Market Trends
3.1. Automotive Natural Gas Vehicle Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Automotive Natural Gas Vehicle Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Automotive Natural Gas Vehicle Market Opportunities
3.4. Automotive Natural Gas Vehicle Market Future Trends
4. Automotive Natural Gas Vehicle Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Automotive Natural Gas Vehicle Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Automotive Natural Gas Vehicle Market Landscape
6.1. Automotive Natural Gas Vehicle Market Share Analysis, 2023
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Automotive Natural Gas Vehicle Market – By Fuel Type
7.1. Overview
7.1.1. Segment Share Analysis, By Fuel Type, 2023 & 2032 (%)
7.1.2. CNG
7.1.3. LNG
8. Automotive Natural Gas Vehicle Market – By Vehicle Type
8.1. Overview
8.1.1. Segment Share Analysis, By Vehicle Type, 2023 & 2032 (%)
8.1.2. Passenger Vehicles
8.1.3. Light-duty & Heavy-duty Buses and Trucks
8.1.4. Three-wheelers
9. Automotive Natural Gas Vehicle Market– By Geography
9.1. Introduction
9.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
9.2. North America
9.2.1. Overview
9.2.2. Automotive Natural Gas Vehicle Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
9.2.4. North America Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.2.5. North America Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.2.6. U.S.
9.2.6.1. Overview
9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.2.6.3. U.S. Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.2.6.4. U.S. Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.2.7. Canada
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.2.7.3. Canada Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.2.7.4. Canada Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. Automotive Natural Gas Vehicle Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
9.3.4. Europe Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.3.5. Europe Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.3.6. Germany
9.3.6.1. Overview
9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.6.3. Germany Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.3.6.4. Germany Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.3.7. Italy
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.7.3. Italy Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.3.7.4. Italy Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.3.8. United Kingdom
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.8.3. United Kingdom Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.3.8.4. United Kingdom Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.3.9. France
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.9.3. France Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.3.9.4. France Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.3.10. Russia
9.3.10.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.10.2. Russia Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.3.10.3. Russia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.3.11. Netherlands
9.3.11.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.11.2. Netherlands Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.3.11.3. Netherlands Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.3.12. Sweden
9.3.12.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.12.2. Sweden Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.3.12.3. Sweden Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.3.13. Poland
9.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.13.2. Poland Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.3.13.3. Poland Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.3.14. Rest of Europe
9.3.14.1. Overview
9.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.14.3. Rest of the Europe Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.3.14.4. Rest of the Europe Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Automotive Natural Gas Vehicle Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
9.4.4. Asia Pacific Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.4.5. Asia Pacific Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.4.6. India
9.4.6.1. Overview
9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.6.3. India Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.4.6.4. India Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.4.7. China
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.7.3. China Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.4.7.4. China Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.4.8. Japan
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.8.3. Japan Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.4.8.4. Japan Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.4.9. South Korea
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.9.3. South Korea Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.4.9.4. South Korea Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.4.10. Australia
9.4.10.1. Overview
9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.10.3. Australia Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.4.10.4. Australia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.4.11. Thailand
9.4.11.1. Overview
9.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.11.3. Thailand Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.4.11.4. Thailand Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.4.12. Indonesia
9.4.12.1. Overview
9.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.12.3. Indonesia Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.4.12.4. Indonesia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.4.13. Philippines
9.4.13.1. Overview
9.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.13.3. Philippines Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.4.13.4. Philippines Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.4.14. Rest of APAC
9.4.14.1. Overview
9.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.14.3. Rest of APAC Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.4.14.4. Rest of APAC Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.5. Latin America
9.5.1. Overview
9.5.2. Automotive Natural Gas Vehicle Key Manufacturers in Latin America
9.5.3. Latin America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
9.5.4. Latin America Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.5.5. Latin America Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.5.6. Brazil
9.5.6.1. Overview
9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.5.6.3. Brazil Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.5.6.4. Brazil Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.5.7. Mexico
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.5.7.3. Mexico Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.5.7.4. Mexico Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.5.8. Argentina
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.5.8.3. Argentina Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.5.8.4. Argentina Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.5.9. Colombia
9.5.9.1. Overview
9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.5.9.3. Colombia Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.5.9.4. Colombia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.5.10. Rest of LATAM
9.5.10.1. Overview
9.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.5.10.3. Rest of LATAM Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.5.10.4. Rest of LATAM Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.6. Middle East and Africa
9.6.1. Overview
9.6.2. Automotive Natural Gas Vehicle Key Manufacturers in Middle East and Africa
9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
9.6.4. Middle East and Africa Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.6.5. Middle East and Africa Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.6.6. Saudi Arabia
9.6.6.1. Overview
9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.6.3. Saudi Arabia Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.6.6.4. Saudi Arabia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.6.7. United Arab Emirates
9.6.7.1. Overview
9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.7.3. United Arab Emirates Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.6.7.4. United Arab Emirates Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.6.8. Israel
9.6.8.1. Overview
9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.8.3. Israel Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.6.8.4. Israel Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.6.9. Turkey
9.6.9.1. Overview
9.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.9.3. Turkey Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.6.9.4. Turkey Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.6.10. Algeria
9.6.10.1. Overview
9.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.10.3. Algeria Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.6.10.4. Algeria Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.6.11. Egypt
9.6.11.1. Overview
9.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.11.3. Egypt Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.6.11.4. Egypt Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
9.6.12. Rest of MEA
9.6.12.1. Overview
9.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.12.3. Rest of MEA Market Size and Forecast, By Fuel Type, 2019 - 2032 (US$ Million)
9.6.12.4. Rest of MEA Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10. Key Vendor Analysis- Automotive Natural Gas Vehicle Industry
10.1. Competitive Dashboard
10.2. Company Profiles
10.2.1. Agility Fuel Solutions
10.2.2. AB Volvo
10.2.3. Beiqi Foton Motor Co., Ltd.
10.2.4. CNH Industrial N.V.
10.2.5. Clean Energy Fuels
10.2.6. Cummins, Inc.
10.2.7. PACCAR, Inc.
10.2.8. Navistar, Inc.
10.2.9. Quantum Fuel Systems LLC
10.2.10. Westport Fuel Systems Inc.
10.2.11. Others
11. 360 Degree Analyst View
12. Appendix
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us
