Market Research Logo

CNG & LPG Vehicle Market by Vehicle Type (Passenger Cars & Light Commercial Vehicles), Fuel Type (CNG & LPG), and by Geography (Asia-Pacific, Europe, Americas & ROW) - Industry Trends & Forecasts to 2020

CNG & LPG Vehicle Market by Vehicle Type (Passenger Cars & Light Commercial Vehicles), Fuel Type (CNG & LPG), and by Geography (Asia-Pacific, Europe, Americas & ROW) - Industry Trends & Forecasts to 2020

The automotive CNG and LPG market has witnessed considerable growth in emerging countries such as China, India, and Germany, and the U.S. following upcoming emission norms and increase in supporting infrastructure.

This report classifies and defines the global CNG and LPG vehicle market size, in terms of volume and value. Market size, in terms of volume, is provided in thousand units from 2013 to 2020, while the market size, by value, is provided in terms of USD million. The report also segments the automotive CNG and LPG vehicle market into major regions (Asia-Pacific, Europe, Americas, and RoW). Additionally, key players in the CNG and LPG Passenger car, LCV, and Industrial trucks vehicle market have been identified and profiled.

Asia-Pacific is estimated to grow at the highest CAGR of 15.13% during the forecast period. In 2015, China is the estimated to account for the largest market for CNG vehicles in the Asia-Pacific region, which is 59% of the total market share by value. This can be attributed to growing sales of CNG vehicles, supported by the increase in disposable income. Moreover, pollution levels in the country have reached an all-time high, which has led to the introduction of stringent emission norms in the country. The Chinese market is estimated to grow at a CAGR of 21.78% to be at USD 241.1 million in 2015. It is projected to reach USD 645.8 million by 2020. The CNG and LPG industrial truck market is growing at a CAGR of 2.47% during the forecast period. Asia-Pacific accounts for the largest estimated market share in the CNG and LPG Industrial truck market in 2015.

The report also provides a comprehensive review of market drivers, restraints, opportunities, challenges, and key issues in the global automotive CNG and LPG vehicle market. Apart from analyzing the quantitative aspects of these markets, the report also covers qualitative aspects, such as a value chain analysis, who supplies whom, product life cycle for each vehicle type, and Porter’s Five Force analysis.

The automotive CNG and LPG vehicle market is dominated by a few major players such as Fiat Chrysler Automobiles NV (Italy), Ford Motors (U.S.), Suzuki Motor Corporation (Japan), Volkswagen (Germany), General Motors Company (U.S.), and Honda Motor Company (Japan). Key strategies adopted by these market players include regional expansion and new product development.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITIONS
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • PACKAGE SIZE
    • LIMITATION
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
    • SECONDARY DATA
      • KEY SECONDARY SOURCES
      • KEY DATA FROM SECONDARY SOURCES
    • PRIMARY DATA
      • SAMPLING TECHNIQUES & DATA COLLECTION METHODS
      • PRIMARY PARTICIPANTS
    • FACTOR ANALYSIS
      • INTRODUCTION
      • DEMAND SIDE ANALYSIS
        • Table TOTAL COST TO CONSUMER ON OWNERSHIP OF CNG/LPG VEHICLES TO GASOLINE VEHICLES FOR FIVE YEARS, BY COUNTRY
      • SUPPLY SIDE ANALYSIS
    • MARKET SIZE ESTIMATION
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • EMERGING OPPORTUNITIES IN THE AUTOMOTIVE CNG & LPG VEHICLE MARKET
    • AUTOMOTIVE CNG & LPG VEHICLE MARKET GROWTH, BY COUNTRY (2015-2020)
    • AUTOMOTIVE CNG & LPG VEHICLE MARKET, BY REGION, 2015-2020 (USD MILLION)
    • AUTOMOTIVE CNG & LPG VEHICLE MARKET, BY FUEL TYPE, 2015 VS 2020 (USD MILLION)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY TYPE
      • BY REGION
      • BY VEHICLE TYPE
    • MARKET DYNAMICS
      • DRIVERS
        • Table IMPACT OF DRIVERS ON THE CNG & LPG VEHICLE MARKET
      • RESTRAINTS
        • Table IMPACT OF RESTRAINTS ON THE CNG & LPG VEHICLE MARKET
      • OPPORTUNITIES
        • Table IMPACT OF OPPORTUNITIES ON THE CNG & LPG VEHICLE MARKET
      • CHALLENGES
        • Table IMPACT OF CHALLENGES ON THE CNG & LPG VEHICLE MARKET
    • BURNING ISSUES
      • ADOPTION OF CLEAN ENERGY
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • VALUE CHAIN ANALYSIS
  • TECHNICAL OVERVIEW
    • INTRODUCTION
    • COMPONENTS & WORKING OF CNG & LPG ENGINES
      • COMPONENTS OF A CNG/LPG KIT
        • Table FUNCTIONS OF THE COMPONENTS OF A CNG/LPG KIT
      • WORKING OF CNG ENGINES
      • WORKING OF LPG ENGINES
    • DIFFERENT TYPES OF CNG/LPG SYSTEMS
      • OPEN LOOP SYSTEM
      • CLOSED LOOP SYSTEM
      • SEQUENTIAL SYSTEM
    • REASONS BEHIND REDUCTION IN POWER DELIVERY OF CNG & LPG VEHICLES
    • IMPORTANT TERMS
    • MODIFICATIONS REQUIRED IN GASOLINE ENGINES FOR INSTALLING CNG/LPG EQUIPMENT
    • MODIFICATIONS REQUIRED IN DIESEL ENGINES FOR INSTALLING CNG/LPG EQUIPMENT
  • CNG & LPG MARKET, BY FUEL TYPE
    • INTRODUCTION
      • Table CNG & LPG VEHICLE MARKET, BY REGION, 2013-2020 (`000 UNITS)
      • Table CNG & LPG VEHICLE MARKET, BY REGION, 2013-2020 (USD MILLION)
    • CNG FUEL TYPE
      • Table CNG VEHICLES MARKET, BY REGION, 2013-2020 (`000 UNITS)
      • Table CNG VEHICLES MARKET, BY REGION, 2013-2020 (USD MILLION)
    • LPG FUEL TYPE
      • Table LPG VEHICLES MARKET, BY REGION, 2013-2020 (`000 UNITS)
      • Table LPG VEHICLES MARKET, BY REGION, 2013-2020 (USD MILLION)
  • CNG & LPG VEHICLE MARKET, BY VEHICLE TYPE
    • INTRODUCTION
      • Table CNG & LPG VEHICLE MARKET, BY VEHICLE TYPE, 2013-2020 (`000 UNITS)
      • Table CNG & LPG VEHICLE MARKET, BY VEHICLE TYPE, 2013-2020 (USD MILLION)
    • CNG & LPG PASSENGER CAR MARKET
      • Table CNG & LPG PASSENGER CAR MARKET, BY REGION, 2013-2020 (`000 UNITS)
      • Table CNG & LPG PASSENGER CAR MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • CNG LCV MARKET
      • Table CNG LCV MARKET SIZE, BY REGION, 2013-2020 (`000 UNITS)
      • Table CNG LCV MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • ASIA-PACIFIC
        • Table ASIA-PACIFIC: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table ASIA-PACIFIC: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • EUROPE
        • Table EUROPE: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table EUROPE: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • THE AMERICAS
        • Table THE AMERICAS: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table THE AMERICAS: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • ROW
        • Table ROW: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table ROW: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
    • CNG & LPG INDUSTRIAL TRUCK MARKET
      • Table GLOBAL: INDUSTRIAL TRUCK MARKET, BY FUEL TYPE, 2013-2020 (UNITS)
      • Table EUROPE: INDUSTRIAL TRUCK MARKET, BY FUEL TYPE, 2013-2020 (UNITS)
      • Table AMERICAS: INDUSTRIAL MARKET, BY FUEL TYPE, 2013-2020 (UNITS)
      • Table ASIA- PACIFIC: INDUSTRIAL TRUCK MARKET, BY FUEL TYPE, 2013-2020 (UNITS)
      • Table AFRICA: INDUSTRIAL TRUCK VEHICLE MARKET, BY FUEL TYPE, 2013-2020 (UNITS)
  • CNG & LPG VEHICLE MARKET, BY REGION
    • INTRODUCTION
    • CNG & LPG VEHICLE MARKET, BY REGION
      • Table CNG & LPG VEHICLE MARKET, BY REGION, 2013-2020 (`000 UNITS)
      • Table CNG & LPG VEHICLE MARKET, BY REGION, 2013-2020 (USD MILLION)
    • CNG VEHICLES MARKET, BY REGION
      • Table CNG VEHICLES MARKET, BY REGION, 2013-2020 (`000 UNITS)
      • Table CNG VEHICLES MARKET, BY REGION, 2013-2020 (USD MILLION)
      • ASIA-PACIFIC
        • Table ASIA-PACIFIC: CNG VEHICLES MARKET, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table ASIA-PACIFIC: CNG VEHICLES MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table ASIA-PACIFIC: AUTOMOTIVE CNG & LPG VEHICLE MARKET, BY FUEL TYPE, 2013-2020 (`000 UNITS)
        • Table ASIA-PACIFIC: AUTOMOTIVE CNG & LPG VEHICLE MARKET, BY FUEL TYPE, 2013-2020 (USD MILLION)
        • Table ASIA-PACIFIC: CNG & LPG PASSENGER CAR MARKET SIZE, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table ASIA-PACIFIC: CNG & LPG PASSENGER CAR MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table ASIA-PACIFIC: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table ASIA-PACIFIC: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table CHINA: CNG VEHICLES MARKET, BY TYPE, 2013-2020 (`000 UNITS)
        • Table CHINA: CNG VEHICLES MARKET, BY TYPE, 2013-2020 (USD MILLION)
        • Table INDIA: CNG VEHICLES MARKET, BY TYPE, 2013-2020 (`000 UNITS)
        • Table INDIA: CNG VEHICLES MARKET, BY TYPE, 2013-2020 (USD MILLION)
        • Table THAILAND: CNG VEHICLES MARKET, BY VEHICLE TYPE, 2013-2020 (`000 UNITS)
        • Table THAILAND: CNG VEHICLES MARKET, BY VEHICLE TYPE, 2013-2020 (USD MILLION)
      • AMERICAS
        • Table AMERICAS: CNG VEHICLES MARKET, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table AMERICAS: CNG VEHICLES MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table THE AMERICAS: CNG PASSENGER CAR MARKET SIZE, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table THE AMERICAS: CNG PASSENGER CAR MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table THE AMERICAS: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table THE AMERICAS: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table U.S.: CNG VEHICLES MARKET, BY VEHICLE TYPE, 2013-2020 (`000 UNITS)
        • Table U.S.: CNG VEHICLES MARKET, BY TYPE, 2013-2020 (USD MILLION)
        • Table BRAZIL: CNG VEHICLES MARKET, BY VEHICLE TYPE, 2013-2020 (`000 UNITS)
        • Table BRAZIL: CNG VEHICLES MARKET, BY VEHICLE TYPE, 2013-2020 (USD MILLION)
      • EUROPE
        • Table EUROPE: CNG VEHICLES MARKET, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table EUROPE: CNG VEHICLES MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table EUROPE: AUTOMOTIVE CNG & LPG VEHICLE MARKET SIZE, BY FUEL TYPE, 2013-2020 (`000 UNITS)
        • Table EUROPE: AUTOMOTIVE CNG & LPG VEHICLE MARKET, BY FUEL TYPE, 2013-2020 (USD MILLION)
        • Table EUROPE: CNG & LPG PASSENGER CAR MARKET SIZE, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table EUROPE: CNG & LPG PASSENGER CAR MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table EUROPE: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table EUROPE: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table ITALY: CNG VEHICLES MARKET, BY VEHICLE TYPE, 2013-2020 (`000 UNITS)
        • Table ITALY: CNG VEHICLE MARKET, BY TYPE, 2013-2020 (USD MILLION)
        • Table GERMANY: CNG VEHICLES MARKET, BY VEHICLE TYPE, 2013-2020 (`000 UNITS)
        • Table GERMANY: CNG VEHICLES MARKET, BY VEHICLE TYPE, 2013-2020 (USD MILLION)
        • Table UKRAINE: CNG VEHICLES MARKET, BY VEHICLE TYPE, 2013-2020 (`000 UNITS)
        • Table UKRAINE: CNG VEHICLES, BY VEHICLE TYPE, 2013-2020 (USD MILLION)
      • REST OF THE WORLD
        • Table ROW: MARKET FOR CNG VEHICLES, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table ROW: CNG VEHICLES MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table ROW: CNG PASSENGER CAR MARKET SIZE, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table ROW: CNG PASSENGER CAR MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table ROW: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table ROW: CNG LCV MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table IRAN: CNG VEHICLES MARKET, BY VEHICLE TYPE, 2013-2020 (`000 UNITS)
        • Table IRAN: CNG VEHICLES MARKET, BY TYPE, 2013-2020 (USD MILLION)
        • Table UZBEKISTAN: CNG VEHICLES MARKET, BY VEHICLE TYPE, 2013-2020 (`000 UNITS)
        • Table UZBEKISTAN: CNG VEHICLES MARKET, BY TYPE, 2013-2020 (USD MILLION)
    • LPG VEHICLES MARKET, BY REGION
      • Table LPG VEHICLES MARKET, BY REGION, 2013-2020 (`000 UNITS)
      • Table LPG VEHICLES MARKET, BY REGION, 2013-2020 (USD MILLION)
      • ASIA-PACIFIC
        • Table ASIA-PACIFIC LPG VEHICLES MARKET, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table ASIA-PACIFIC LPG VEHICLES MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • EUROPE
        • Table EUROPE: LPG VEHICLES MARKET, BY COUNTRY, 2013-2020 (`000 UNITS)
        • Table LPG VEHICLES MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
  • CNG & LPG VEHICLE AFTERMARKET OVERVIEW
    • INTRODUCTION
    • COST OF RETROFITTING CNG & LPG KITS IN VEHICLES, BY REGION
    • AFTERMARKET PLAYERS
      • LANDI RENZO S.P.A
      • IMPCO AUTOMOTIVE
      • VENCHURS VEHICLE SYSTEMS
      • WESTPORT INNOVATION INC.
      • TOMASETTO ACHILLE S.P.A
  • COST COMPARISON OVERVIEW ON OWNERSHIP OF CNG & LPG VEHICLES TO GASOLINE VEHICLES
    • INTRODUCTION
    • TOTAL COST TO CONSUMER ON OWNERSHIP OF CNG & LPG VEHICLES TO GASOLINE VEHICLES FOR 2015-2020, BY COUNTRY
      • INDIA
      • U.S.
      • BRAZIL
      • ITALY
      • GERMANY
      • FRANCE
      • SOUTH KOREA
      • POLAND
    • CONCLUSION
      • SAVINGS FROM CNG VEHICLES
      • SAVINGS FROM LPG VEHICLES
  • COMPETITIVE LANDSCAPE
    • COMPETITIVE SITUATION & TRENDS
    • BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCH & EXPANSION WAS THE KEY STRATEGY
      • MARKET SHARE ANALYSIS
      • NEW PRODUCT DEVELOPMENT
        • Table NEW PRODUCT DEVELOPMENTS, 2012-2015
      • EXPANSIONS
        • Table EXPANSIONS, 2012-2015
      • PARTNERSHIPS/AGREEMENTS/JOINT VENTURES & SUPPLY CONTRACT
        • Table PARTNERSHIPS/AGREEMENTS/JOINT VENTURES & SUPPLY CONTRACTS, 2012-2015
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2012-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • FIAT CHRYSLER AUTOMOBILES NV
      • BUSINESS OVERVIEW
      • PRODUCTS
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • FORD MOTOR COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SUZUKI MOTOR CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • NIKKI CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • KION GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • AC SPOLKA
      • BUSINESS OVERVIEW
      • PRODUCTS
      • RECENT DEVELOPMENTS
    • LANDI RENZO S.P.A
      • BUSINESS OVERVIEW
      • PRODUCTS
      • RECENT DEVELOPMENTS
    • VOLKSWAGEN GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS
      • RECENT DEVELOPMENTS
    • GENERAL MOTORS COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS
      • RECENT DEVELOPMENTS
    • HONDA MOTOR COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS
      • RECENT DEVELOPMENTS
    • HYUNDAI MOTOR GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS
      • RECENT DEVELOPMENTS
  • APPENDIX
    • KEY INDUSTRY INSIGHT
    • PORTER'S FIVE FORCES ANALYSIS, BY COUNTRY
      • INDIAN MARKET IS DOMINATED BY LARGE NUMBER OF AFTERMARKET PLAYERS
      • STRONG OEM PRESENCE MAKING IT DIFFICULT FOR NEW PLAYERS IN CHINA
      • TURKEY HAS LARGE NUMBER OF DOMESTIC & GLOBAL PLAYERS, MAKING IT A HIGHLY COMPETITIVE MARKET
      • IRAN HAS HIGH DEMAND OF CNG & LPG VEHICLES, BUT LIMITED OEMS
      • ITALY & GERMANY HAVE HIGH DEMAND FOR CNG & LPG VEHICLES, ATTRACTING NEW PLAYERS
      • BRAZIL HAS NOT ACTIVELY SUPPORTED CNG VEHICLES
      • POLAND HAS HIGH NUMBER OF OEMS FOLLOWING HIGH DEMAND OF LPG VEHICLES
      • FRENCH CONSUMERS PREFER ELECTRIC VEHICLES OVER LPG
      • SOUTH KOREA HAS A MATURE MARKET FOR LPG VEHICLES
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
      • COMPANY INFORMATION
      • CNG AND LPG VEHICLE AFTERMARKET
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report