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Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Nov 04, 2025
Length 156 Pages
SKU # BOSS20731441

Description

Report Overview

A natural gas vehicle (NGV) is an alternative fuel vehicle that uses compressed natural gas (CNG) or liquefied natural gas (LNG). Natural gas vehicles should not be confused with autogas vehicles powered by liquefied petroleum gas (LPG), mainly propane, a fuel with a fundamentally different composition.In a natural-gas-powered vehicle, energy is released by the combustion of methane gas (CH4) fuel with oxygen (O2) from the air to form carbon dioxide (CO2) and water vapor (H2O) in an internal combustion engine. Methane is the cleanest burning hydrocarbon, and many contaminants present in natural gas are removed at the source. Existing gasoline-powered vehicles may be converted to run on CNG or LNG and can be dedicated (running only on natural gas) or bi-fuel (running on either gasoline or natural gas). Diesel engines for heavy trucks and buses can also be converted and can be dedicated with the addition of new heads containing spark ignition systems, or can be run on a blend of diesel and natural gas, with the primary fuel being natural gas and a small amount of diesel fuel being used as an ignition source. It is also possible to generate energy in a small gas turbine and couple the gas engine or turbine with a small electric battery to create a hybrid electric motor-driven vehicle.

The global Compressed Natural Gas And Liquefied Natural Gas Vehicle market size was estimated at USD 11640.0 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 0.09% during the forecast period.

This report provides a deep insight into the global Compressed Natural Gas And Liquefied Natural Gas Vehicle market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Compressed Natural Gas And Liquefied Natural Gas Vehicle market in any manner.

Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Maruti Suzuki

Iran Khodro

Volkswagen

Hyundai Motor

Stellantis

FAW Group

Chang'an Automobile

General Motors

Honda

Volvo Truck

IVECO

Scania

Market Segmentation (by Type)

CNG Vehicle

LNG Vehicle

Market Segmentation (by Application)

Passenger Vehicle

Commercial Vehicle

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Compressed Natural Gas And Liquefied Natural Gas Vehicle Market

Overview of the regional outlook of the Compressed Natural Gas And Liquefied Natural Gas Vehicle Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Compressed Natural Gas And Liquefied Natural Gas Vehicle Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to 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 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Compressed Natural Gas And Liquefied Natural Gas Vehicle, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

156 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Compressed Natural Gas And Liquefied Natural Gas Vehicle
1.2 Key Market Segments
1.2.1 Compressed Natural Gas And Liquefied Natural Gas Vehicle Segment by Type
1.2.2 Compressed Natural Gas And Liquefied Natural Gas Vehicle Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Overview
2.1 Global Market Overview
2.1.1 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Life Cycle
3.3 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Sales by Manufacturers (2020-2025)
3.4 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Revenue Market Share by Manufacturers (2020-2025)
3.5 Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Competitive Situation and Trends
3.8.1 Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Concentration Rate
3.8.2 Global 5 and 10 Largest Compressed Natural Gas And Liquefied Natural Gas Vehicle Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Compressed Natural Gas And Liquefied Natural Gas Vehicle Industry Chain Analysis
4.1 Compressed Natural Gas And Liquefied Natural Gas Vehicle Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Compressed Natural Gas And Liquefied Natural Gas Vehicle Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Compressed Natural Gas And Liquefied Natural Gas Vehicle Market
5.7 ESG Ratings of Leading Companies
6 Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Sales Market Share by Type (2020-2025)
6.3 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size Market Share by Type (2020-2025)
6.4 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Price by Type (2020-2025)
7 Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Sales by Application (2020-2025)
7.3 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size (M USD) by Application (2020-2025)
7.4 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Sales Growth Rate by Application (2020-2025)
8 Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Sales by Region
8.1 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Sales by Region
8.1.1 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Sales by Region
8.1.2 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Sales Market Share by Region
8.2 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size by Region
8.2.1 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size by Region
8.2.2 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size Market Share by Region
8.3 North America
8.3.1 North America Compressed Natural Gas And Liquefied Natural Gas Vehicle Sales by Country
8.3.2 North America Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Compressed Natural Gas And Liquefied Natural Gas Vehicle Sales by Country
8.4.2 Europe Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Compressed Natural Gas And Liquefied Natural Gas Vehicle Sales by Region
8.5.2 Asia Pacific Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Compressed Natural Gas And Liquefied Natural Gas Vehicle Sales by Country
8.6.2 South America Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Compressed Natural Gas And Liquefied Natural Gas Vehicle Sales by Region
8.7.2 Middle East and Africa Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Production by Region
9.1 Global Production of Compressed Natural Gas And Liquefied Natural Gas Vehicle by Region(2020-2025)
9.2 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Revenue Market Share by Region (2020-2025)
9.3 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Compressed Natural Gas And Liquefied Natural Gas Vehicle Production
9.4.1 North America Compressed Natural Gas And Liquefied Natural Gas Vehicle Production Growth Rate (2020-2025)
9.4.2 North America Compressed Natural Gas And Liquefied Natural Gas Vehicle Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Compressed Natural Gas And Liquefied Natural Gas Vehicle Production
9.5.1 Europe Compressed Natural Gas And Liquefied Natural Gas Vehicle Production Growth Rate (2020-2025)
9.5.2 Europe Compressed Natural Gas And Liquefied Natural Gas Vehicle Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Compressed Natural Gas And Liquefied Natural Gas Vehicle Production (2020-2025)
9.6.1 Japan Compressed Natural Gas And Liquefied Natural Gas Vehicle Production Growth Rate (2020-2025)
9.6.2 Japan Compressed Natural Gas And Liquefied Natural Gas Vehicle Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Compressed Natural Gas And Liquefied Natural Gas Vehicle Production (2020-2025)
9.7.1 China Compressed Natural Gas And Liquefied Natural Gas Vehicle Production Growth Rate (2020-2025)
9.7.2 China Compressed Natural Gas And Liquefied Natural Gas Vehicle Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Maruti Suzuki
10.1.1 Maruti Suzuki Basic Information
10.1.2 Maruti Suzuki Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Overview
10.1.3 Maruti Suzuki Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Market Performance
10.1.4 Maruti Suzuki Business Overview
10.1.5 Maruti Suzuki SWOT Analysis
10.1.6 Maruti Suzuki Recent Developments
10.2 Iran Khodro
10.2.1 Iran Khodro Basic Information
10.2.2 Iran Khodro Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Overview
10.2.3 Iran Khodro Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Market Performance
10.2.4 Iran Khodro Business Overview
10.2.5 Iran Khodro SWOT Analysis
10.2.6 Iran Khodro Recent Developments
10.3 Volkswagen
10.3.1 Volkswagen Basic Information
10.3.2 Volkswagen Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Overview
10.3.3 Volkswagen Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Market Performance
10.3.4 Volkswagen Business Overview
10.3.5 Volkswagen SWOT Analysis
10.3.6 Volkswagen Recent Developments
10.4 Hyundai Motor
10.4.1 Hyundai Motor Basic Information
10.4.2 Hyundai Motor Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Overview
10.4.3 Hyundai Motor Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Market Performance
10.4.4 Hyundai Motor Business Overview
10.4.5 Hyundai Motor Recent Developments
10.5 Stellantis
10.5.1 Stellantis Basic Information
10.5.2 Stellantis Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Overview
10.5.3 Stellantis Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Market Performance
10.5.4 Stellantis Business Overview
10.5.5 Stellantis Recent Developments
10.6 FAW Group
10.6.1 FAW Group Basic Information
10.6.2 FAW Group Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Overview
10.6.3 FAW Group Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Market Performance
10.6.4 FAW Group Business Overview
10.6.5 FAW Group Recent Developments
10.7 Chang'an Automobile
10.7.1 Chang'an Automobile Basic Information
10.7.2 Chang'an Automobile Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Overview
10.7.3 Chang'an Automobile Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Market Performance
10.7.4 Chang'an Automobile Business Overview
10.7.5 Chang'an Automobile Recent Developments
10.8 General Motors
10.8.1 General Motors Basic Information
10.8.2 General Motors Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Overview
10.8.3 General Motors Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Market Performance
10.8.4 General Motors Business Overview
10.8.5 General Motors Recent Developments
10.9 Honda
10.9.1 Honda Basic Information
10.9.2 Honda Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Overview
10.9.3 Honda Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Market Performance
10.9.4 Honda Business Overview
10.9.5 Honda Recent Developments
10.10 Volvo Truck
10.10.1 Volvo Truck Basic Information
10.10.2 Volvo Truck Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Overview
10.10.3 Volvo Truck Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Market Performance
10.10.4 Volvo Truck Business Overview
10.10.5 Volvo Truck Recent Developments
10.11 IVECO
10.11.1 IVECO Basic Information
10.11.2 IVECO Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Overview
10.11.3 IVECO Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Market Performance
10.11.4 IVECO Business Overview
10.11.5 IVECO Recent Developments
10.12 Scania
10.12.1 Scania Basic Information
10.12.2 Scania Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Overview
10.12.3 Scania Compressed Natural Gas And Liquefied Natural Gas Vehicle Product Market Performance
10.12.4 Scania Business Overview
10.12.5 Scania Recent Developments
11 Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Forecast by Region
11.1 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size Forecast
11.2 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size Forecast by Country
11.2.3 Asia Pacific Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size Forecast by Region
11.2.4 South America Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Compressed Natural Gas And Liquefied Natural Gas Vehicle by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Compressed Natural Gas And Liquefied Natural Gas Vehicle by Type (2026-2033)
12.1.2 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Compressed Natural Gas And Liquefied Natural Gas Vehicle by Type (2026-2033)
12.2 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Forecast by Application (2026-2033)
12.2.1 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Sales (K Units) Forecast by Application
12.2.2 Global Compressed Natural Gas And Liquefied Natural Gas Vehicle Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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