Global Vehicle Compressed Natural Gas (CNG) Engine Market Growth 2025-2031

The global Vehicle Compressed Natural Gas (CNG) Engine market size is predicted to grow from US$ 5864 million in 2025 to US$ 9391 million in 2031; it is expected to grow at a CAGR of 8.2% from 2025 to 2031.

Vehicle Compressed Natural Gas (CNG) Engine burns compressed natural gas (CNG) instead of gasoline or diesel fuel. In comparison to petroleum and diesel, CNG burns cleaner and emits fewer toxic gases.

United States market for Vehicle Compressed Natural Gas (CNG) Engine is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Vehicle Compressed Natural Gas (CNG) Engine is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Vehicle Compressed Natural Gas (CNG) Engine is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Vehicle Compressed Natural Gas (CNG) Engine players cover AB Volvo, Cummins Inc., FPT Industrial S.P.A., Ford Motor Company, Hyundai Motor Company, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Vehicle Compressed Natural Gas (CNG) Engine Industry Forecast” looks at past sales and reviews total world Vehicle Compressed Natural Gas (CNG) Engine sales in 2024, providing a comprehensive analysis by region and market sector of projected Vehicle Compressed Natural Gas (CNG) Engine sales for 2025 through 2031. With Vehicle Compressed Natural Gas (CNG) Engine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vehicle Compressed Natural Gas (CNG) Engine industry.

This Insight Report provides a comprehensive analysis of the global Vehicle Compressed Natural Gas (CNG) Engine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vehicle Compressed Natural Gas (CNG) Engine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vehicle Compressed Natural Gas (CNG) Engine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vehicle Compressed Natural Gas (CNG) Engine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vehicle Compressed Natural Gas (CNG) Engine.

This report presents a comprehensive overview, market shares, and growth opportunities of Vehicle Compressed Natural Gas (CNG) Engine market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Mono Fuel

Bi-fuel

Segmentation by Application:

Passenger Vehicle

Commercial Vehicle

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

AB Volvo

Cummins Inc.

FPT Industrial S.P.A.

Ford Motor Company

Hyundai Motor Company

Honda Motor Company

Maruti Suzuki India Limited

Nissan Motor Co., Ltd.

Volkswagen AG

Weichai

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vehicle Compressed Natural Gas (CNG) Engine market?

What factors are driving Vehicle Compressed Natural Gas (CNG) Engine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vehicle Compressed Natural Gas (CNG) Engine market opportunities vary by end market size?

How does Vehicle Compressed Natural Gas (CNG) Engine break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.