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CNG and LNG Commercial Vehicle Market, Global Outlook and Forecast 2022-2028

CNG and LNG Commercial Vehicle Market, Global Outlook and Forecast 2022-2028

  • Published on : 27 September 2022
  • Pages :76
  • Report Code:SMR-7389014

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Report overview

This report contains market size and forecasts of CNG and LNG Commercial Vehicle in global, including the following market information:

  • Global CNG and LNG Commercial Vehicle Market Revenue, 2017-2022, 2023-2028, ($ millions)
  • Global CNG and LNG Commercial Vehicle Market Sales, 2017-2022, 2023-2028, (Units)
  • Global top five CNG and LNG Commercial Vehicle companies in 2021 (%)

The global CNG and LNG Commercial Vehicle market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
CNG Vehicle Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of CNG and LNG Commercial Vehicle include Volvo Group, Iveco, PACCAR, Scania, MAN Truck & Bus, Daimler Truck, Dongfeng Motor Group, Shaanxi Heavy Duty Automobile and Sinotruck and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the CNG and LNG Commercial Vehicle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global CNG and LNG Commercial Vehicle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global CNG and LNG Commercial Vehicle Market Segment Percentages, by Type, 2021 (%)

  • CNG Vehicle
  • LNG Vehicle

Global CNG and LNG Commercial Vehicle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global CNG and LNG Commercial Vehicle Market Segment Percentages, by Application, 2021 (%)

  • Bus & Coach
  • Truck

Global CNG and LNG Commercial Vehicle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global CNG and LNG Commercial Vehicle Market Segment Percentages, By Region and Country, 2021 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies CNG and LNG Commercial Vehicle revenues in global market, 2017-2022 (Estimated), ($ millions)
  • Key companies CNG and LNG Commercial Vehicle revenues share in global market, 2021 (%)
  • Key companies CNG and LNG Commercial Vehicle sales in global market, 2017-2022 (Estimated), (Units)
  • Key companies CNG and LNG Commercial Vehicle sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Volvo Group
  • Iveco
  • PACCAR
  • Scania
  • MAN Truck & Bus
  • Daimler Truck
  • Dongfeng Motor Group
  • Shaanxi Heavy Duty Automobile
  • Sinotruck
  • Faw Jiefang Group