Automotive Natural Gas Vehicle Market By Fuel Type (CNG, LNG), By by Vehicle Type (Passenger cars, Commercial vehicles): Global Opportunity Analysis and Industry Forecast, 2021-2031

Description

List of Tables

Natural gas vehicle is a type of alternative fuel vehicle which utilizes natural gas such as compressed natural gas (CNG), liquefied natural gas (LNG), and absorbed natural gas (ANG) as a fuel to operate the vehicle. Natural gas vehicles work in similar manner as the gasoline powered engine does. A natural gas vehicle stores the natural gas in a fuel tank, or cylinder, typically at the back of the vehicle. The fuel system transfers the high-pressure gas from the fuel tank to combustion chamber with the aid of fuel lines. Then, inside combustion chamber, the fuel is mixed with air and then compressed, and ignited by a spark plug. Moreover, natural gas vehicles have high performance and low emissions.

At present, two types of CNG fuel systems are available in the market, namely dedicated vehicles, which operate exclusively on natural gas, and dual-fuel vehicles, which can use both natural gas and gasoline. Automotive manufacturers offer a variety of both dedicated and dual-fuel CNG vehicles, including compacts, trucks, vans, and buses. In addition, few developing countries have also started to adopt CNG as an alternative transport fuel to reduce reliance on gasoline, which fuels the growth of the CNG segment. For instance, in December 2020, in Nigeria, the Federal Government launched its National Gas Expansion Program, which focuses on distribution of CNG and liquefied petroleum gas across gas stations operated by the Nigerian National Petroleum Corporation (NNPC). This program aims to gradually replace high Sulphur gasoline fuel with CNG fuel.

The growth of the global automotive natural gas vehicle market is propelling due to increase in fuel costs, government initiatives to develop & expand natural gas distribution infrastructure, and rise in environmental awareness. However, rise in demand for electric vehicle is the factor that hampers the growth of the market. Furthermore, growth in demand from emerging countries is the factor expected to offer growth opportunities during the forecast period.

The automotive natural gas vehicle market is segmented on the basis of fuel type, vehicle type, and region. By fuel type, it is bifurcated into CNG and LNG. By vehicle type, it is classified into passenger cars and commercial vehicles. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the automotive natural gas vehicle market analysis from 2021 to 2031 to identify the prevailing automotive natural gas vehicle market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the automotive natural gas vehicle market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global automotive natural gas vehicle market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Fuel Type

By by Vehicle Type

Passenger cars
Commercial vehicles

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Netherlands
- Rest Of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest Of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- BMW Group
- Ford Motor Company
- Honda Motor Co., Ltd.
- Mercedes-Benz Group AG
- Nissan Motor Co., Ltd.
- Toyota Motor Corporation
- Volkswagen AG
- AB Volvo
- Tata Motors
- Navistar, Inc.
- Cummins, Inc.
- CNH Industrial

Product Code: A09132

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings
- 3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Top player positioning
3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market

CHAPTER 4: AUTOMOTIVE NATURAL GAS VEHICLE MARKET, BY FUEL TYPE

4.1 Overview
- 4.1.1 Market size and forecast
4.2 CNG
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
4.3 LNG
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country

CHAPTER 5: AUTOMOTIVE NATURAL GAS VEHICLE MARKET, BY BY VEHICLE TYPE

5.1 Overview
- 5.1.1 Market size and forecast
5.2 Passenger cars
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
5.3 Commercial vehicles
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country

CHAPTER 6: AUTOMOTIVE NATURAL GAS VEHICLE MARKET, BY REGION

6.1 Overview
- 6.1.1 Market size and forecast
6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 North America Market size and forecast, by Fuel Type
- 6.2.3 North America Market size and forecast, by by Vehicle Type
- 6.2.4 North America Market size and forecast, by country
  - 6.2.4.1 U.S.
  - 6.2.4.1.1 Market size and forecast, by Fuel Type
  - 6.2.4.1.2 Market size and forecast, by by Vehicle Type
  - 6.2.4.2 Canada
  - 6.2.4.2.1 Market size and forecast, by Fuel Type
  - 6.2.4.2.2 Market size and forecast, by by Vehicle Type
  - 6.2.4.3 Mexico
  - 6.2.4.3.1 Market size and forecast, by Fuel Type
  - 6.2.4.3.2 Market size and forecast, by by Vehicle Type
6.3 Europe
- 6.3.1 Key trends and opportunities
- 6.3.2 Europe Market size and forecast, by Fuel Type
- 6.3.3 Europe Market size and forecast, by by Vehicle Type
- 6.3.4 Europe Market size and forecast, by country
  - 6.3.4.1 UK
  - 6.3.4.1.1 Market size and forecast, by Fuel Type
  - 6.3.4.1.2 Market size and forecast, by by Vehicle Type
  - 6.3.4.2 Germany
  - 6.3.4.2.1 Market size and forecast, by Fuel Type
  - 6.3.4.2.2 Market size and forecast, by by Vehicle Type
  - 6.3.4.3 France
  - 6.3.4.3.1 Market size and forecast, by Fuel Type
  - 6.3.4.3.2 Market size and forecast, by by Vehicle Type
  - 6.3.4.4 Netherlands
  - 6.3.4.4.1 Market size and forecast, by Fuel Type
  - 6.3.4.4.2 Market size and forecast, by by Vehicle Type
  - 6.3.4.5 Rest of Europe
  - 6.3.4.5.1 Market size and forecast, by Fuel Type
  - 6.3.4.5.2 Market size and forecast, by by Vehicle Type
6.4 Asia-Pacific
- 6.4.1 Key trends and opportunities
- 6.4.2 Asia-Pacific Market size and forecast, by Fuel Type
- 6.4.3 Asia-Pacific Market size and forecast, by by Vehicle Type
- 6.4.4 Asia-Pacific Market size and forecast, by country
  - 6.4.4.1 China
  - 6.4.4.1.1 Market size and forecast, by Fuel Type
  - 6.4.4.1.2 Market size and forecast, by by Vehicle Type
  - 6.4.4.2 Japan
  - 6.4.4.2.1 Market size and forecast, by Fuel Type
  - 6.4.4.2.2 Market size and forecast, by by Vehicle Type
  - 6.4.4.3 India
  - 6.4.4.3.1 Market size and forecast, by Fuel Type
  - 6.4.4.3.2 Market size and forecast, by by Vehicle Type
  - 6.4.4.4 South Korea
  - 6.4.4.4.1 Market size and forecast, by Fuel Type
  - 6.4.4.4.2 Market size and forecast, by by Vehicle Type
  - 6.4.4.5 Rest of Asia-Pacific
  - 6.4.4.5.1 Market size and forecast, by Fuel Type
  - 6.4.4.5.2 Market size and forecast, by by Vehicle Type
6.5 LAMEA
- 6.5.1 Key trends and opportunities
- 6.5.2 LAMEA Market size and forecast, by Fuel Type
- 6.5.3 LAMEA Market size and forecast, by by Vehicle Type
- 6.5.4 LAMEA Market size and forecast, by country
  - 6.5.4.1 Latin America
  - 6.5.4.1.1 Market size and forecast, by Fuel Type
  - 6.5.4.1.2 Market size and forecast, by by Vehicle Type
  - 6.5.4.2 Middle East
  - 6.5.4.2.1 Market size and forecast, by Fuel Type
  - 6.5.4.2.2 Market size and forecast, by by Vehicle Type
  - 6.5.4.3 Africa
  - 6.5.4.3.1 Market size and forecast, by Fuel Type
  - 6.5.4.3.2 Market size and forecast, by by Vehicle Type

CHAPTER 7: COMPANY LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments

CHAPTER 8: COMPANY PROFILES

8.1 BMW Group
- 8.1.1 Company overview
- 8.1.2 Company snapshot
- 8.1.3 Operating business segments
- 8.1.4 Product portfolio
- 8.1.5 Business performance
- 8.1.6 Key strategic moves and developments
8.2 Ford Motor Company
- 8.2.1 Company overview
- 8.2.2 Company snapshot
- 8.2.3 Operating business segments
- 8.2.4 Product portfolio
- 8.2.5 Business performance
- 8.2.6 Key strategic moves and developments
8.3 Honda Motor Co., Ltd.
- 8.3.1 Company overview
- 8.3.2 Company snapshot
- 8.3.3 Operating business segments
- 8.3.4 Product portfolio
- 8.3.5 Business performance
- 8.3.6 Key strategic moves and developments
8.4 Mercedes-Benz Group AG
- 8.4.1 Company overview
- 8.4.2 Company snapshot
- 8.4.3 Operating business segments
- 8.4.4 Product portfolio
- 8.4.5 Business performance
- 8.4.6 Key strategic moves and developments
8.5 Nissan Motor Co., Ltd.
- 8.5.1 Company overview
- 8.5.2 Company snapshot
- 8.5.3 Operating business segments
- 8.5.4 Product portfolio
- 8.5.5 Business performance
- 8.5.6 Key strategic moves and developments
8.6 Toyota Motor Corporation
- 8.6.1 Company overview
- 8.6.2 Company snapshot
- 8.6.3 Operating business segments
- 8.6.4 Product portfolio
- 8.6.5 Business performance
- 8.6.6 Key strategic moves and developments
8.7 Volkswagen AG
- 8.7.1 Company overview
- 8.7.2 Company snapshot
- 8.7.3 Operating business segments
- 8.7.4 Product portfolio
- 8.7.5 Business performance
- 8.7.6 Key strategic moves and developments
8.8 AB Volvo
- 8.8.1 Company overview
- 8.8.2 Company snapshot
- 8.8.3 Operating business segments
- 8.8.4 Product portfolio
- 8.8.5 Business performance
- 8.8.6 Key strategic moves and developments
8.9 Tata Motors
- 8.9.1 Company overview
- 8.9.2 Company snapshot
- 8.9.3 Operating business segments
- 8.9.4 Product portfolio
- 8.9.5 Business performance
- 8.9.6 Key strategic moves and developments
8.10 Navistar, Inc.
- 8.10.1 Company overview
- 8.10.2 Company snapshot
- 8.10.3 Operating business segments
- 8.10.4 Product portfolio
- 8.10.5 Business performance
- 8.10.6 Key strategic moves and developments
8.11 Cummins, Inc.
- 8.11.1 Company overview
- 8.11.2 Company snapshot
- 8.11.3 Operating business segments
- 8.11.4 Product portfolio
- 8.11.5 Business performance
- 8.11.6 Key strategic moves and developments
8.12 CNH Industrial
- 8.12.1 Company overview
- 8.12.2 Company snapshot
- 8.12.3 Operating business segments
- 8.12.4 Product portfolio
- 8.12.5 Business performance
- 8.12.6 Key strategic moves and developments