Global Automotive Natural Gas Vehicle Market Report 2024

Automotive Natural Gas Vehicle Global Market Report 2024 – By Vehicle Type (Light-Duty Vehicle, Medium-Duty Vehicle, High-Duty Vehicle), By Fuel Type (CNG, LNG), By Application (Commercial Vehicles, Passenger Cars) – Market Size, Trends, And Global Forecast 2024-2033

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Automotive Natural Gas Vehicle Market Definition And Segments

An automotive natural gas vehicle refers to an alternative fuel vehicle that operates with natural gas as the fuel rather than gasoline or diesel. These are lower-cost vehicles than gasoline and diesel and provide a long-lasting and secure fuel supply. The automotive natural gas vehicle provides high mileage and comfort with low emissions.

The main types of vehicles in automotive natural gas vehicles are light-duty vehicles, medium-duty vehicles, and high-duty vehicles. The light-duty vehicle carries people and has no more than eight seats in total. Light-duty vehicles are autos with at least four wheels that are used to transport cargo. The different fuel types include CNG and LNG that are used in several applications, such as commercial vehicles and passenger cars.

The automotive natural gas vehicle market covered in this report is segmented –

1) By Vehicle Type: Light-Duty Vehicle, Medium-Duty Vehicle, High-Duty Vehicle

2) By Fuel Type: CNG, LNG

3) By Application: Commercial Vehicles, Passenger Cars

The automotive natural gas vehicle market size has grown strongly in recent years. It will grow from $11.52 billion in 2023 to $12.35 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to energy security concerns, emissions reduction, abundance of natural gas, cost savings, government policies.

The automotive natural gas vehicle market size is expected to see strong growth in the next few years. It will grow to $16.32 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to stricter emissions standards, renewable natural gas, electrification synergies, global expansion of infrastructure, energy transition policies, increased urbanization, consumer education and awareness. Major trends in the forecast period include dual-fuel systems, lightweight vehicle design, enhanced storage technologies, autonomous natural gas vehicles, advanced engine management systems.

Stringent Air Pollution Regulations Boost Demand For Automotive Natural Gas Vehicles

Stringent regulations for controlling air pollution are significantly contributing to the growth of the automotive natural gas vehicle market going forward. Air pollution refers to the contamination of air by any physical, chemical, or biological pollutants that are harmful to animals as well as humans. The governments are concerned about the adverse effects of air pollution and have started implementing various regulations to control pollution. This has increased the demand for automotive natural gas vehicles as they possess low emission properties due to the lower carbon content in the fuel. For instance, in September 2021, the World Health Organization’s Global Air Quality Guidelines aim to save lives and improve air quality from air pollution. These guidelines also highlight good practices to manage certain types of particulate matter such as elemental carbon, particles originating from sand, ultrafine particles, and dust storms to set air quality guideline levels. Therefore, the stringent regulations for controlling air pollution are driving the automotive natural gas vehicle market.

Rise In Disposable Income Drives The Automotive Natural Gas Vehicle Market

The rise in disposable income is expected to drive the automotive natural gas vehicle market. Disposable income is the amount of money an individual or household has available for spending and saving after taxes and other mandatory deductions. The consumers will be more inclined to invest in automobiles, which will raise the demand for automotive natural gas vehicle. For instance, disposable personal income in India increased to 272,995,370 INR Million ($3,283,241.61 million) in 2022, from 238,573,760 INR Million ($2,869,262.20 million) in 2021.Therefore, a rise in disposable income contributed to the growth of the automotive electronics market.

Major companies operating in the automotive natural gas vehicle market  report are Hexagon Composites ASA, AB Volvo, Beiqi Foton Motor Co. Ltd., CNH Industrial NV, Clean Energy Fuels Corp., Cummins Engine Company Inc., PACCAR International Inc., Navistar International Corp., Quantum Fuel Systems LLC, Westport Fuel Systems Inc., General Motors Company, Maruti Suzuki India Ltd., Ford Motor Company, Hondo Motor Co. Ltd., Volkswagenwerk GmbH, Hyundai Motor Company, Iran Khodro Industrial Group, C&C Trucks Co. Ltd., Tata Engineering & Locomotive Company Ltd., Fiat SpA, Régie Nationale Des Usines Renault SAS, Caterpillar Inc., Shaanxi Automobile Group Co. Ltd., Mercedes-Benz Group AG, Krishna Landi Renzo India Private Limited, Toyota Motor Corporation, Alexander Dennis Limited, Prins Autogassystemen BV, Stellantis N. V., Iveco SpA

Product Innovations Transforms The Automotive Natural Gas Vehicle Market

Product innovations have emerged as the key trend gaining popularity in the automotive natural gas vehicle market. Major market players are concentrating their efforts on creating innovative technologies to reduce greenhouse gas emissions. For instance, in October 2021, Scania, a Sweden-based commercial vehicle manufacturer, launched an LNG tractor unit for its biogas-fueled long-distance haulage. The inclusion of the LNG tractor unit covers both LNG (liquefied natural gas) and CNG (compressed natural gas) solutions in both two-axle variants. The Scania vehicle can operate on 100% biogas, which will offer up to a 90% carbon dioxide reduction.

Strategic Collaborations To Expand Offerings

Major companies operating in the automotive natural gas vehicle market are developing strategic collaborations to expand their offerings. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in May 2023, Walmart, an American multinational retail corporation, partnered with Cummins, a US-based manufacturer of engines, filtration, and power generation products, to lower greenhouse gas emissions in the transportation business by demonstrating that natural gas engines may be a viable alternative to diesel engines. The collaboration has unveiled the first of five new tractors driven by a Cummins-built compressed natural gas (CNG) engine, which is expected to deliver equal performance and range to a diesel engine while running quieter and costing less to maintain.

Cummins Forms Joint Venture With Rush Enterprises To Improve Natural Gas Powertrains In North America

In January 2022, Cummins, a US-based manufacturer of engines, filtration, and power generation products, formed a joint venture with Rush Enterprises by acquiring a 50% stake in Momentum Fuel Technologies from Rush Enterprises. The joint venture between the two businesses will aim to improve the manufacture of almost emission-free natural gas powertrains in North America. This partnership will also expand and improve the service and support for Compressed Natural Gas (CNG) and Renewable Natural Gas (RNG) customers of Cummins. Rush Enterprises is a US-based retailer of commercial vehicles, primarily new and used trucks.

Asia-Pacific was the largest region in the automotive natural gas vehicle market in 2023.The regions covered in the automotive natural gas vehicle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the automotive natural gas vehicle market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The automotive natural gas vehicle market consists of sales of gasoline-powered vehicles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The automotive natural gas vehicle market research report is one of a series of new reports from The Business Research Company that provides automotive natural gas vehicle market statistics, including automotive natural gas vehicle industry global market size, regional shares, competitors with automotive natural gas vehicle market share, detailed automotive natural gas vehicle market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive natural gas vehicle industry. This automotive natural gas vehicle market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Automotive Natural Gas Vehicle Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $12.35 billion
Revenue Forecast In 2033 $16.32 billion
Growth Rate CAGR of 7.2% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Vehicle Type: Light-Duty Vehicle, Medium-Duty Vehicle, High-Duty Vehicle
2) By Fuel Type: CNG, LNG
3) By Application: Commercial Vehicles, Passenger Cars
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Hexagon Composites ASA; AB Volvo; Beiqi Foton Motor Co. Ltd.; CNH Industrial NV; Clean Energy Fuels Corp.; Cummins Engine Company Inc.; PACCAR International Inc.; Navistar International Corp.; Quantum Fuel Systems LLC; Westport Fuel Systems Inc.; General Motors Company; Maruti Suzuki India Ltd.; Ford Motor Company; Hondo Motor Co. Ltd.; Volkswagenwerk GmbH; Hyundai Motor Company; Iran Khodro Industrial Group; C&C Trucks Co. Ltd.; Tata Engineering & Locomotive Company Ltd.; Fiat SpA; Régie Nationale Des Usines Renault SAS; Caterpillar Inc.; Shaanxi Automobile Group Co. Ltd.; Mercedes-Benz Group AG; Krishna Landi Renzo India Private Limited; Toyota Motor Corporation; Alexander Dennis Limited; Prins Autogassystemen BV; Stellantis N. V.; Iveco SpA
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    Table Of Contents

    1. Executive Summary

    2. Automotive Natural Gas Vehicle Market Characteristics

    3. Automotive Natural Gas Vehicle Market Trends And Strategies

    4. Automotive Natural Gas Vehicle Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Automotive Natural Gas Vehicle Market Size and Growth

    5.1. Global Automotive Natural Gas Vehicle Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Automotive Natural Gas Vehicle Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Automotive Natural Gas Vehicle Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Automotive Natural Gas Vehicle Market Segmentation

    6.1. Global Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Light-Duty Vehicle

    Medium-Duty Vehicle

    High-Duty Vehicle

    6.2. Global Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    CNG

    LNG

    6.3. Global Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Commercial Vehicles

    Passenger Cars

    7. Automotive Natural Gas Vehicle Market Regional And Country Analysis

    7.1. Global Automotive Natural Gas Vehicle Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Automotive Natural Gas Vehicle Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Automotive Natural Gas Vehicle Market

    8.1. Asia-Pacific Automotive Natural Gas Vehicle Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Automotive Natural Gas Vehicle Market

    9.1. China Automotive Natural Gas Vehicle Market Overview

    9.2. China Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Automotive Natural Gas Vehicle Market

    10.1. India Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Automotive Natural Gas Vehicle Market

    11.1. Japan Automotive Natural Gas Vehicle Market Overview

    11.2. Japan Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Automotive Natural Gas Vehicle Market

    12.1. Australia Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Automotive Natural Gas Vehicle Market

    13.1. Indonesia Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Automotive Natural Gas Vehicle Market

    14.1. South Korea Automotive Natural Gas Vehicle Market Overview

    14.2. South Korea Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Automotive Natural Gas Vehicle Market

    15.1. Western Europe Automotive Natural Gas Vehicle Market Overview

    15.2. Western Europe Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Automotive Natural Gas Vehicle Market

    16.1. UK Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Automotive Natural Gas Vehicle Market

    17.1. Germany Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Automotive Natural Gas Vehicle Market

    18.5. France Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Automotive Natural Gas Vehicle Market

    19.9. Italy Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Automotive Natural Gas Vehicle Market

    20.13. Spain Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Automotive Natural Gas Vehicle Market

    21.1. Eastern Europe Automotive Natural Gas Vehicle Market Overview

    21.2. Eastern Europe Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Automotive Natural Gas Vehicle Market

    22.1. Russia Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Automotive Natural Gas Vehicle Market

    23.1. North America Automotive Natural Gas Vehicle Market Overview

    23.2. North America Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Automotive Natural Gas Vehicle Market

    24.1. USA Automotive Natural Gas Vehicle Market Overview

    24.2. USA Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Automotive Natural Gas Vehicle Market

    25.1. Canada Automotive Natural Gas Vehicle Market Overview

    25.2. Canada Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Automotive Natural Gas Vehicle Market

    26.1. South America Automotive Natural Gas Vehicle Market Overview

    26.2. South America Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Automotive Natural Gas Vehicle Market

    27.1. Brazil Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Automotive Natural Gas Vehicle Market

    28.1. Middle East Automotive Natural Gas Vehicle Market Overview

    28.2. Middle East Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Automotive Natural Gas Vehicle Market

    29.1. Africa Automotive Natural Gas Vehicle Market Overview

    29.2. Africa Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Automotive Natural Gas Vehicle Market Competitive Landscape And Company Profiles

    30.1. Automotive Natural Gas Vehicle Market Competitive Landscape

    30.2. Automotive Natural Gas Vehicle Market Company Profiles

    30.2.1. Hexagon Composites ASA

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. AB Volvo

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Beiqi Foton Motor Co. Ltd.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. CNH Industrial NV

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Clean Energy Fuels Corp.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Automotive Natural Gas Vehicle Market Competitive Benchmarking

    32. Global Automotive Natural Gas Vehicle Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Automotive Natural Gas Vehicle Market

    34. Automotive Natural Gas Vehicle Market Future Outlook and Potential Analysis

    34.1 Automotive Natural Gas Vehicle Market In 2028 - Countries Offering Most New Opportunities

    34.2 Automotive Natural Gas Vehicle Market In 2028 - Segments Offering Most New Opportunities

    34.3 Automotive Natural Gas Vehicle Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Automotive Natural Gas Vehicle Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Automotive Natural Gas Vehicle Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Hexagon Composites ASA Financial Performance
  • Table 75: AB Volvo Financial Performance
  • Table 76: Beiqi Foton Motor Co. Ltd. Financial Performance
  • Table 77: CNH Industrial NV Financial Performance
  • Table 78: Clean Energy Fuels Corp. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Automotive Natural Gas Vehicle Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Automotive Natural Gas Vehicle Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Hexagon Composites ASA Financial Performance
  • Figure 75: AB Volvo Financial Performance
  • Figure 76: Beiqi Foton Motor Co. Ltd. Financial Performance
  • Figure 77: CNH Industrial NV Financial Performance
  • Figure 78: Clean Energy Fuels Corp. Financial Performance
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Frequently Asked Questions

What is the definition of the automotive natural gas vehicle market?

An automotive natural gas vehicle refers to an alternative fuel vehicle that operates with natural gas as the fuel rather than gasoline or diesel. These are lower-cost vehicles than gasoline and diesel and provide a long-lasting and secure fuel supply. The automotive natural gas vehicle provides high mileage and comfort with low emissions. For further insights on the automotive pumps market, request a sample here

How will the automotive natural gas vehicle market drivers and restraints affect the automotive natural gas vehicle market dynamics? What forces will shape the automotive natural gas vehicle industry going forward?

The automotive natural gas vehicle market major growth driver - stringent air pollution regulations boost demand for automotive natural gas vehicles. For further insights on the automotive pumps market, request a sample here

What is the forecast market size or the forecast market value of the automotive natural gas vehicle market ?

The automotive natural gas vehicle market size has grown strongly in recent years. It will grow from $11.52 billion in 2023 to $12.35 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to energy security concerns, emissions reduction, abundance of natural gas, cost savings, government policies. The automotive natural gas vehicle market size is expected to see strong growth in the next few years. It will grow to $16.32 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to stricter emissions standards, renewable natural gas, electrification synergies, global expansion of infrastructure, energy transition policies, increased urbanization, consumer education and awareness. Major trends in the forecast period include dual-fuel systems, lightweight vehicle design, enhanced storage technologies, autonomous natural gas vehicles, advanced engine management systems. For further insights on the automotive pumps market, request a sample here

How is the automotive natural gas vehicle market segmented?

The automotive natural gas vehicle market is segmentedThe automotive natural gas vehicle market market covered in this report is segmented –
1) By Vehicle Type: Light-Duty Vehicle, Medium-Duty Vehicle, High-Duty Vehicle
2) By Fuel Type: CNG, LNG
3) By Application: Commercial Vehicles, Passenger CarsFor further insights on the automotive pumps market,
request a sample here

Which region has the largest share of the automotive natural gas vehicle market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the automotive natural gas vehicle market in 2023. The regions covered in the automotive natural gas vehicle market market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the automotive pumps market, request a sample here.

Who are the major players in the automotive natural gas vehicle market?

Major companies operating in the automotive natural gas vehicle market market report are Hexagon Composites ASA, AB Volvo, Beiqi Foton Motor Co. Ltd., CNH Industrial NV, Clean Energy Fuels Corp., Cummins Engine Company Inc., PACCAR International Inc., Navistar International Corp., Quantum Fuel Systems LLC, Westport Fuel Systems Inc., General Motors Company, Maruti Suzuki India Ltd., Ford Motor Company, Hondo Motor Co. Ltd., Volkswagenwerk GmbH, Hyundai Motor Company, Iran Khodro Industrial Group, C&C Trucks Co. Ltd., Tata Engineering & Locomotive Company Ltd., Fiat SpA, Régie Nationale Des Usines Renault SAS, Caterpillar Inc., Shaanxi Automobile Group Co. Ltd., Mercedes-Benz Group AG, Krishna Landi Renzo India Private Limited, Toyota Motor Corporation, Alexander Dennis Limited, Prins Autogassystemen BV, Stellantis N. V., Iveco SpA For further insights on the automotive pumps market, request a sample here.

What are the key trends in the automotive natural gas vehicle market?

Major trend in the automotive natural gas vehicle market - product innovations transforms the automotive natural gas vehicle market. For further insights on the automotive pumps market, request a sample here.

What are the major opportunities in the automotive natural gas vehicle market? What are the strategies for the automotive natural gas vehicle market?

For detailed insights on the major opportunities and strategies in the automotive natural gas vehicle market, request a sample here.

How does the automotive natural gas vehicle market relate to the overall economy and other similar markets?

For detailed insights on automotive natural gas vehicle market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the automotive natural gas vehicle industry?

For detailed insights on the mergers and acquisitions in the automotive natural gas vehicle industry, request a sample here.

What are the key dynamics influencing the automotive natural gas vehicle market growth? SWOT analysis of the automotive natural gas vehicle market.

For detailed insights on the key dynamics influencing the automotive natural gas vehicle market growth and SWOT analysis of the automotive natural gas vehicle industry, request a sample here.