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CNG Vehicles- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

CNG Vehicles- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031


The global market for CNG Vehicles was estimated to be worth US$ 52350 million in 2024 and is forecast to a readjusted size of US$ 69090 million by 2031 with a CAGR of 4.1% during the forecast peri... もっと見る

 

 

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Summary

The global market for CNG Vehicles was estimated to be worth US$ 52350 million in 2024 and is forecast to a readjusted size of US$ 69090 million by 2031 with a CAGR of 4.1% during the forecast period 2025-2031.

Compressed natural gas vehicle is an alternative fuel vehicle that uses compressed natural gas as the fuel rather than gasoline or diesel. CNG, or compressed natural gas, is stored at high pressure, 3,000 to 3,600 pounds per square inch (21 to 25 MPa). The required tank is more massive and costly than a conventional fuel tank. The CNG vehicle’s emissions are cleaner, with lower emissions of carbon and lower particulate emissions per equivalent distance traveled. There is generally less wasted fuel.

North American market for CNG Vehicles was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for CNG Vehicles was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for CNG Vehicles was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The global key companies of CNG Vehicles include Fiat Chrysler, Volkswagen, Ford, General Motors, Toyota, Iran Khodro, Nissan, Volvo Group, Hyundai, Honda, etc. In 2024, the global five largest players hold a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for CNG Vehicles, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of CNG Vehicles by region & country, by Type, and by Application.
The CNG Vehicles market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding CNG Vehicles.

Market Segmentation
By Company
Fiat Chrysler
Volkswagen
Ford
General Motors
Toyota
Iran Khodro
Nissan
Volvo Group
Hyundai
Honda
Suzuki
Mercedes-Benz
Renault
PSA Peugeot Citroen
Great Wall Motors
Segment by Type
OEM
Car Modification
Segment by Application
Personal
Commercial
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of CNG Vehicles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of CNG Vehicles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of CNG Vehicles in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.


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Table of Contents

1 Market Overview
1.1 CNG Vehicles Product Introduction
1.2 Global CNG Vehicles Market Size Forecast
1.2.1 Global CNG Vehicles Sales Value (2020-2031)
1.2.2 Global CNG Vehicles Sales Volume (2020-2031)
1.2.3 Global CNG Vehicles Sales Price (2020-2031)
1.3 CNG Vehicles Market Trends & Drivers
1.3.1 CNG Vehicles Industry Trends
1.3.2 CNG Vehicles Market Drivers & Opportunity
1.3.3 CNG Vehicles Market Challenges
1.3.4 CNG Vehicles Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global CNG Vehicles Players Revenue Ranking (2024)
2.2 Global CNG Vehicles Revenue by Company (2020-2025)
2.3 Global CNG Vehicles Players Sales Volume Ranking (2024)
2.4 Global CNG Vehicles Sales Volume by Company Players (2020-2025)
2.5 Global CNG Vehicles Average Price by Company (2020-2025)
2.6 Key Manufacturers CNG Vehicles Manufacturing Base and Headquarters
2.7 Key Manufacturers CNG Vehicles Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of CNG Vehicles
2.9 CNG Vehicles Market Competitive Analysis
2.9.1 CNG Vehicles Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by CNG Vehicles Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in CNG Vehicles as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 OEM
3.1.2 Car Modification
3.2 Global CNG Vehicles Sales Value by Type
3.2.1 Global CNG Vehicles Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global CNG Vehicles Sales Value, by Type (2020-2031)
3.2.3 Global CNG Vehicles Sales Value, by Type (%) (2020-2031)
3.3 Global CNG Vehicles Sales Volume by Type
3.3.1 Global CNG Vehicles Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global CNG Vehicles Sales Volume, by Type (2020-2031)
3.3.3 Global CNG Vehicles Sales Volume, by Type (%) (2020-2031)
3.4 Global CNG Vehicles Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Personal
4.1.2 Commercial
4.2 Global CNG Vehicles Sales Value by Application
4.2.1 Global CNG Vehicles Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global CNG Vehicles Sales Value, by Application (2020-2031)
4.2.3 Global CNG Vehicles Sales Value, by Application (%) (2020-2031)
4.3 Global CNG Vehicles Sales Volume by Application
4.3.1 Global CNG Vehicles Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global CNG Vehicles Sales Volume, by Application (2020-2031)
4.3.3 Global CNG Vehicles Sales Volume, by Application (%) (2020-2031)
4.4 Global CNG Vehicles Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global CNG Vehicles Sales Value by Region
5.1.1 Global CNG Vehicles Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global CNG Vehicles Sales Value by Region (2020-2025)
5.1.3 Global CNG Vehicles Sales Value by Region (2026-2031)
5.1.4 Global CNG Vehicles Sales Value by Region (%), (2020-2031)
5.2 Global CNG Vehicles Sales Volume by Region
5.2.1 Global CNG Vehicles Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global CNG Vehicles Sales Volume by Region (2020-2025)
5.2.3 Global CNG Vehicles Sales Volume by Region (2026-2031)
5.2.4 Global CNG Vehicles Sales Volume by Region (%), (2020-2031)
5.3 Global CNG Vehicles Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America CNG Vehicles Sales Value, 2020-2031
5.4.2 North America CNG Vehicles Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe CNG Vehicles Sales Value, 2020-2031
5.5.2 Europe CNG Vehicles Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific CNG Vehicles Sales Value, 2020-2031
5.6.2 Asia Pacific CNG Vehicles Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America CNG Vehicles Sales Value, 2020-2031
5.7.2 South America CNG Vehicles Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa CNG Vehicles Sales Value, 2020-2031
5.8.2 Middle East & Africa CNG Vehicles Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions CNG Vehicles Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions CNG Vehicles Sales Value
6.2.1 Key Countries/Regions CNG Vehicles Sales Value, 2020-2031
6.2.2 Key Countries/Regions CNG Vehicles Sales Volume, 2020-2031
6.3 United States
6.3.1 United States CNG Vehicles Sales Value, 2020-2031
6.3.2 United States CNG Vehicles Sales Value by Type (%), 2024 VS 2031
6.3.3 United States CNG Vehicles Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe CNG Vehicles Sales Value, 2020-2031
6.4.2 Europe CNG Vehicles Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe CNG Vehicles Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China CNG Vehicles Sales Value, 2020-2031
6.5.2 China CNG Vehicles Sales Value by Type (%), 2024 VS 2031
6.5.3 China CNG Vehicles Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan CNG Vehicles Sales Value, 2020-2031
6.6.2 Japan CNG Vehicles Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan CNG Vehicles Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea CNG Vehicles Sales Value, 2020-2031
6.7.2 South Korea CNG Vehicles Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea CNG Vehicles Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia CNG Vehicles Sales Value, 2020-2031
6.8.2 Southeast Asia CNG Vehicles Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia CNG Vehicles Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India CNG Vehicles Sales Value, 2020-2031
6.9.2 India CNG Vehicles Sales Value by Type (%), 2024 VS 2031
6.9.3 India CNG Vehicles Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Fiat Chrysler
7.1.1 Fiat Chrysler Company Information
7.1.2 Fiat Chrysler Introduction and Business Overview
7.1.3 Fiat Chrysler CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Fiat Chrysler CNG Vehicles Product Offerings
7.1.5 Fiat Chrysler Recent Development
7.2 Volkswagen
7.2.1 Volkswagen Company Information
7.2.2 Volkswagen Introduction and Business Overview
7.2.3 Volkswagen CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Volkswagen CNG Vehicles Product Offerings
7.2.5 Volkswagen Recent Development
7.3 Ford
7.3.1 Ford Company Information
7.3.2 Ford Introduction and Business Overview
7.3.3 Ford CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Ford CNG Vehicles Product Offerings
7.3.5 Ford Recent Development
7.4 General Motors
7.4.1 General Motors Company Information
7.4.2 General Motors Introduction and Business Overview
7.4.3 General Motors CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 General Motors CNG Vehicles Product Offerings
7.4.5 General Motors Recent Development
7.5 Toyota
7.5.1 Toyota Company Information
7.5.2 Toyota Introduction and Business Overview
7.5.3 Toyota CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Toyota CNG Vehicles Product Offerings
7.5.5 Toyota Recent Development
7.6 Iran Khodro
7.6.1 Iran Khodro Company Information
7.6.2 Iran Khodro Introduction and Business Overview
7.6.3 Iran Khodro CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Iran Khodro CNG Vehicles Product Offerings
7.6.5 Iran Khodro Recent Development
7.7 Nissan
7.7.1 Nissan Company Information
7.7.2 Nissan Introduction and Business Overview
7.7.3 Nissan CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Nissan CNG Vehicles Product Offerings
7.7.5 Nissan Recent Development
7.8 Volvo Group
7.8.1 Volvo Group Company Information
7.8.2 Volvo Group Introduction and Business Overview
7.8.3 Volvo Group CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Volvo Group CNG Vehicles Product Offerings
7.8.5 Volvo Group Recent Development
7.9 Hyundai
7.9.1 Hyundai Company Information
7.9.2 Hyundai Introduction and Business Overview
7.9.3 Hyundai CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Hyundai CNG Vehicles Product Offerings
7.9.5 Hyundai Recent Development
7.10 Honda
7.10.1 Honda Company Information
7.10.2 Honda Introduction and Business Overview
7.10.3 Honda CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Honda CNG Vehicles Product Offerings
7.10.5 Honda Recent Development
7.11 Suzuki
7.11.1 Suzuki Company Information
7.11.2 Suzuki Introduction and Business Overview
7.11.3 Suzuki CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Suzuki CNG Vehicles Product Offerings
7.11.5 Suzuki Recent Development
7.12 Mercedes-Benz
7.12.1 Mercedes-Benz Company Information
7.12.2 Mercedes-Benz Introduction and Business Overview
7.12.3 Mercedes-Benz CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Mercedes-Benz CNG Vehicles Product Offerings
7.12.5 Mercedes-Benz Recent Development
7.13 Renault
7.13.1 Renault Company Information
7.13.2 Renault Introduction and Business Overview
7.13.3 Renault CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Renault CNG Vehicles Product Offerings
7.13.5 Renault Recent Development
7.14 PSA Peugeot Citroen
7.14.1 PSA Peugeot Citroen Company Information
7.14.2 PSA Peugeot Citroen Introduction and Business Overview
7.14.3 PSA Peugeot Citroen CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 PSA Peugeot Citroen CNG Vehicles Product Offerings
7.14.5 PSA Peugeot Citroen Recent Development
7.15 Great Wall Motors
7.15.1 Great Wall Motors Company Information
7.15.2 Great Wall Motors Introduction and Business Overview
7.15.3 Great Wall Motors CNG Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Great Wall Motors CNG Vehicles Product Offerings
7.15.5 Great Wall Motors Recent Development
8 Industry Chain Analysis
8.1 CNG Vehicles Industrial Chain
8.2 CNG Vehicles Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 CNG Vehicles Sales Model
8.5.2 Sales Channel
8.5.3 CNG Vehicles Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

 

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