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CNG & LPG Vehicle Market

Publisher Evolve Business Intelligence
Published Apr 14, 2025
SKU # EVBI19932328

Description

The global CNG & LPG Vehicle market is projected to expand at a compound annual growth rate (CAGR) of 7.2% from 2021 to 2028. This growth is driven by various macroeconomic and microeconomic factors, including the lower operating costs associated with CNG and LPG vehicles compared to traditional petroleum-powered vehicles.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By Engine System Type (Dedicated Fuel, Bi-fuel, Dual Fuel), Intake System Type (Converter-mixer System, Vapor Phase Injection, Liquid Phase Injection, Liquid Phase Direct Injection)
By Vehicle Type (Light-duty Vehicle, Heavy-duty Vehicle)

Key players

Fiat S.P.A
Ford Motor Company,
Volkswagen
General Motors
Honda Motor Co. Ltd
Hyundai Motor Group
Suzuki Motor Corporation
Daimler AG
Toyota Motor Corporation
Tata Motors Ltd

Table of Contents

Chapter 1. Executive Summary
Chapter 2. Scope of The Study
2.1. Market Definition
2.2. Scope of The Study
2.2.1. Objectives of Report
Chapter 3. Evolve BI Methodology
Chapter 4. Market Insights and Trends
4.1. Supply/ Value Chain Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitutes
4.2.5. Industry Rivalry
4.3. Impact of COVID-19 on CNG & LPG Vehicle Market
4.3.1. Impact on Market Size
4.3.2. End User Trend, Preferences and Budget Impact
4.3.3. Regulatory Framework/Government Policies
4.3.4. Key Players Strategy to Tackle Negative Impact
4.3.5. Opportunity Window
Chapter 5. Market Dynamics
5.1. Introduction
5.2. DRO Analysis
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
Chapter 6. Global CNG & LPG Vehicle Market, By Engine System Type
6.1. Introduction
6.2. Dedicated Fuel
6.3. Bi-fuel
6.4. Dual Fuel
Chapter 7. Global CNG & LPG Vehicle Market, By Intake System Type
7.1. Introduction
7.2. Converter-mixer System
7.3. Vapor Phase Injection
7.4. Liquid Phase Injection
7.5. Liquid Phase Direct Injection
Chapter 8. Global CNG & LPG Vehicle Market, By Vehicle Type
8.1. Introduction
8.2. Light-duty Vehicle
8.3. Heavy-duty Vehicle
Chapter 9. Global CNG & LPG Vehicle Market, By Region
9.1. Introduction
9.2. North America
9.2.1. Introduction
9.2.2. Driving Factors, Opportunity Analyzed and Key Trends
9.2.3. Market Size and Forecast, By Country, 2020 - 2028
9.2.4. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.2.5. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.2.6. Market Size and Forecast, By Vehicle Type, 2020 – 2028
9.2.7. US
9.2.7.1. Introduction
9.2.7.2. Driving Factors, Opportunity Analyzed and Key Trends
9.2.7.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.2.7.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.2.7.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.2.8. Canada
9.2.8.1. Introduction
9.2.8.2. Driving Factors, Opportunity Analyzed and Key Trends
9.2.8.4. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.2.8.5. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.2.8.6. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.3. Europe
9.3.1. Introduction
9.3.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.3. Market Size and Forecast, By Country, 2020 - 2028
9.3.4. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.3.5. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.3.6. Market Size and Forecast, By Vehicle Type, 2020 – 2028
9.3.7. Germany
9.3.7.1. Introduction
9.3.7.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.7.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.3.7.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.3.7.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.3.8. France
9.3.8.1. Introduction
9.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.8.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.3.8.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.3.8.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.3.9. UK
9.3.9.1. Introduction
9.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.9.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.3.9.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.3.9.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.3.10. Italy
9.3.10.1. Introduction
9.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.10.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.3.10.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.3.10.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.3.11. Rest of Europe
9.3.11.1. Introduction
9.3.11.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.11.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.3.11.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.3.11.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.4. Asia-Pacific
9.4.1. Introduction
9.4.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.3. Market Size and Forecast, By Country, 2020 - 2028
9.4.4. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.4.5. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.4.7. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.4.8. China
9.4.8.1. Introduction
9.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.8.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.4.8.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.4.8.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.4.9. India
9.4.9.1. Introduction
9.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.9.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.4.9.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.4.9.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.4.10. Japan
9.4.10.1. Introduction
9.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.10.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.4.10.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.4.10.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.4.11. South Korea
9.4.11.1. Introduction
9.4.11.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.11.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.4.11.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.4.11.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.4.12. Rest of Asia-Pacific
9.4.11.1. Introduction
9.4.12.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.12.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.4.12.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.4.12.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.5. Rest of The World (Row)
9.5.1. Introduction
9.5.2. Driving Factors, Opportunity Analyzed and Key Trends
9.5.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.5.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.5.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.5.6. Market Size and Forecast, By Region, 2020 - 2028
9.5.7. South America
9.5.7.1. Introduction
9.5.7.2. Driving Factors, Opportunity Analyzed and Key Trends
9.5.7.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.5.7.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.5.7.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
9.5.8. Middle East & Africa
9.5.8.1. Introduction
9.5.8.2. Driving Factors, Opportunity Analyzed and Key Trends
9.5.8.3. Market Size and Forecast, By Engine System Type, 2020 - 2028
9.5.8.4. Market Size and Forecast, By Intake System Type, 2020 – 2028
9.5.8.5. Market Size and Forecast, By Vehicle Type, 2020 - 2028
Chapter 10. Competitive Landscape
10.1. Introduction
10.2. Vendor Share Analysis, 2020/Key Players Positioning 2020
Chapter 11. Company Profiles
11.1. Fiat S.P.A
11.1.1. Business Overview
11.1.2. Financial Analysis
11.1.3. Product Portfolio
11.1.4. Recent Development and Strategies Adopted
11.1.5. SWOT Analysis
11.2. Ford Motor Company,
11.2.1. Business Overview
11.2.2. Financial Analysis
11.2.3. Product Portfolio
11.2.4. Recent Development and Strategies Adopted
11.2.5. SWOT Analysis
11.3. Volkswagen
11.3.1. Business Overview
11.3.2. Financial Analysis
11.3.3. Product Portfolio
11.3.4. Recent Development and Strategies Adopted
11.3.5. SWOT Analysis
11.4. General Motors
11.4.1. Business Overview
11.4.2. Financial Analysis
11.4.3. Product Portfolio
11.4.4. Recent Development and Strategies Adopted
11.4.5. SWOT Analysis
11.5. Honda Motor Co. Ltd
11.5.1. Business Overview
11.5.2. Financial Analysis
11.5.3. Product Portfolio
11.5.4. Recent Development and Strategies Adopted
11.5.5. SWOT Analysis
11.6. Hyundai Motor Group
11.6.1. Business Overview
11.6.2. Financial Analysis
11.6.3. Product Portfolio
11.6.4. Recent Development and Strategies Adopted
11.6.5. SWOT Analysis
11.7. Suzuki Motor Corporation
11.7.1. Business Overview
11.7.2. Financial Analysis
11.7.3. Product Portfolio
11.7.4. Recent Development and Strategies Adopted
11.7.5. SWOT Analysis
11.8. Daimler AG
11.8.1. Business Overview
11.8.2. Financial Analysis
11.8.3. Product Portfolio
11.8.4. Recent Development and Strategies Adopted
11.8.5. SWOT Analysis
11.9. Toyota Motor Corporation
11.9.1. Business Overview
11.9.2. Financial Analysis
11.9.3. Product Portfolio
11.9.4. Recent Development and Strategies Adopted
11.9.5. SWOT Analysis
11.10. Tata Motors Ltd
11.10.1. Business Overview
11.10.2. Financial Analysis
11.10.3. Product Portfolio
11.9.4. Recent Development and Strategies Adopted
11.9.5. SWOT Analysis
Chapter 12. Key Takeaways

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