PUBLISHER: KBV Research | PRODUCT CODE: 1101759
PUBLISHER: KBV Research | PRODUCT CODE: 1101759
Asia Pacific CNG Powertrain Market Size, Share & Industry Trends Analysis Report By Fuel Type (Bi-fuel and Mono Fuel), By Vehicle Type (Passenger Vehicle and Commercial Vehicle), By Drive Type, By Country and Growth Forecast, 2022 - 2028
The Asia Pacific CNG Powertrain Market would witness market growth of 16.3% CAGR during the forecast period (2022-2028).
The demand for CNG powertrain has surged as a result of government initiatives and a shift in consumer preferences toward less carbon-emitting automobiles. Manufacturing and industrial activities all around the world were halted as a result of the pandemic. Manufacturers of CNG powertrains are concentrating the efforts on increasing vehicle engine efficiency. Such manufacturers are working to improve engine performance by lowering volumetric efficiency loss, boosting flame propagation speed, and lowering fuel evaporation. In addition, leading automakers are incorporating innovative technologies into CNG vehicles.
S-CNG technology, for example, is used in passenger automobiles to improve fuel efficiency by managing the fuel-to-air ratio and synchronizing the electric control units and the intelligent fuel injection system. Moreover, through technology unification, the CNG system is better calibrated with the powertrain, suspension, and brake system, resulting in S-CNG technology improving the vehicle's total economy.
The transportation sector of India is substantially using oil as a fuel alternative and it is creating huge import cost burden on the region, and this enhances the need of sustainable alternative fuel like CNG to be used for vehicles. The vehicle-related raw materials and components accounted for significant amount in imports of whole nation. Additionally, usage of CNG as a fuel will result in least carbon emission in the environment. From the perspectives of energy security, import dependency, and carbon emissions, there is a great need to comprehensively introduce CNG gas as an alternative fuel for powertrains.
Oil imports will be addressed by the push toward CNG automobiles. Owing to the majority of the CNG gas comes from sustainable sources, the problems of dependence on imported raw materials and components and carbon emissions would be resolved. To fully reap the rewards of the switch to CNG powertrain, the supply chain must be continuously localised. Adopting CNG gas as a substitute would results in reduced burden of total import cost per vehicle. Purchasing CNG fuel would domestically saves a lot of money in this region.
The China market dominated the Asia Pacific CNG Powertrain Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $31,449.1 Million by 2028. The Japan market is anticipated to grow at a CAGR of 15.6% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 17% during (2022 - 2028).
Based on Fuel Type, the market is segmented into Bi-fuel and Mono Fuel. Based on Vehicle Type, the market is segmented into Passenger Vehicle and Commercial Vehicle. Based on Drive Type, the market is segmented into Front Wheel Drive, All-wheel Drive, and Rear Wheel Drive. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Maruti Suzuki India Limited, FPT Industrial (Iveco Group), Volvo Group, Honda Motor Co. Ltd., Cummins, Inc., Hyundai Motor Company, Volkswagen AG, Ford Motor Company, Bosch Rexroth AG (Robert Bosch GmbH), and Nissan Motor Corporation.
Scope of the Study
Market Segments covered in the Report:
By Fuel Type
- Bi-fuel
- Mono Fuel
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
By Drive Type
- Front Wheel Drive
- All-wheel Drive
- Rear Wheel Drive
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Maruti Suzuki India Limited
- FPT Industrial (Iveco Group)
- Volvo Group
- Honda Motor Co. Ltd.
- Cummins, Inc.
- Hyundai Motor Company
- Volkswagen AG
- Ford Motor Company
- Bosch Rexroth AG (Robert Bosch GmbH)
- Nissan Motor Corporation
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific CNG Powertrain Market, by Fuel Type
- 1.4.2 Asia Pacific CNG Powertrain Market, by Vehicle Type
- 1.4.3 Asia Pacific CNG Powertrain Market, by Drive Type
- 1.4.4 Asia Pacific CNG Powertrain Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.1.1 Overview
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. Asia Pacific CNG Powertrain Market by Fuel Type
- 3.1 Asia Pacific Bi-fuel Market by Country
- 3.2 Asia Pacific Mono Fuel Market by Country
Chapter 4. Asia Pacific CNG Powertrain Market by Vehicle Type
- 4.1 Asia Pacific Passenger Vehicle Market by Country
- 4.2 Asia Pacific Commercial Vehicle Market by Country
Chapter 5. Asia Pacific CNG Powertrain Market by Drive Type
- 5.1 Asia Pacific Front Wheel Drive Market by Country
- 5.2 Asia Pacific All-wheel Drive Market by Country
- 5.3 Asia Pacific Rear Wheel Drive Market by Country
Chapter 6. Asia Pacific CNG Powertrain Market by Country
- 6.1 China CNG Powertrain Market
- 6.1.1 China CNG Powertrain Market by Fuel Type
- 6.1.2 China CNG Powertrain Market by Vehicle Type
- 6.1.3 China CNG Powertrain Market by Drive Type
- 6.2 Japan CNG Powertrain Market
- 6.2.1 Japan CNG Powertrain Market by Fuel Type
- 6.2.2 Japan CNG Powertrain Market by Vehicle Type
- 6.2.3 Japan CNG Powertrain Market by Drive Type
- 6.3 India CNG Powertrain Market
- 6.3.1 India CNG Powertrain Market by Fuel Type
- 6.3.2 India CNG Powertrain Market by Vehicle Type
- 6.3.3 India CNG Powertrain Market by Drive Type
- 6.4 South Korea CNG Powertrain Market
- 6.4.1 South Korea CNG Powertrain Market by Fuel Type
- 6.4.2 South Korea CNG Powertrain Market by Vehicle Type
- 6.4.3 South Korea CNG Powertrain Market by Drive Type
- 6.5 Singapore CNG Powertrain Market
- 6.5.1 Singapore CNG Powertrain Market by Fuel Type
- 6.5.2 Singapore CNG Powertrain Market by Vehicle Type
- 6.5.3 Singapore CNG Powertrain Market by Drive Type
- 6.6 Malaysia CNG Powertrain Market
- 6.6.1 Malaysia CNG Powertrain Market by Fuel Type
- 6.6.2 Malaysia CNG Powertrain Market by Vehicle Type
- 6.6.3 Malaysia CNG Powertrain Market by Drive Type
- 6.7 Rest of Asia Pacific CNG Powertrain Market
- 6.7.1 Rest of Asia Pacific CNG Powertrain Market by Fuel Type
- 6.7.2 Rest of Asia Pacific CNG Powertrain Market by Vehicle Type
- 6.7.3 Rest of Asia Pacific CNG Powertrain Market by Drive Type
Chapter 7. Company Profiles
- 7.1 Maruti Suzuki India Limited
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Research & Development Expense
- 7.2 FPT Industrial (Iveco Group)
- 7.2.1 Company Overview
- 7.3 Volvo Group
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expense
- 7.4 Honda Motor Co. Ltd.
- 7.4.1 Company Overview
- 7.4.1 Financial Analysis
- 7.4.2 Segmental and Regional Analysis
- 7.4.3 Research & Development Expense
- 7.5 Cummins, Inc.
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Regional & Segmental Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 Recent Strategies and Developments
- 7.5.5.1 Partnerships, Collaborations and Agreements:
- 7.5.5.2 Acquisitions and Mergers:
- 7.5.5.3 Product Launches and Product Expansions:
- 7.6 Hyundai Motor Company
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expense
- 7.6.5 SWOT Analysis
- 7.7 Volkswagen AG
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expense
- 7.7.5 SWOT Analysis
- 7.8 Ford Motor Company
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expense
- 7.8.5 SWOT Analysis
- 7.9 Bosch Rexroth AG (Robert Bosch GmbH)
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expense
- 7.10. Nissan Motor Corporation
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
LIST OF TABLES
- TABLE 1 Asia Pacific CNG Powertrain Market, 2018 - 2021, USD Million
- TABLE 2 Asia Pacific CNG Powertrain Market, 2022 - 2028, USD Million
- TABLE 3 Asia Pacific CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
- TABLE 4 Asia Pacific CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
- TABLE 5 Asia Pacific Bi-fuel Market by Country, 2018 - 2021, USD Million
- TABLE 6 Asia Pacific Bi-fuel Market by Country, 2022 - 2028, USD Million
- TABLE 7 Asia Pacific Mono Fuel Market by Country, 2018 - 2021, USD Million
- TABLE 8 Asia Pacific Mono Fuel Market by Country, 2022 - 2028, USD Million
- TABLE 9 Asia Pacific CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
- TABLE 10 Asia Pacific CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
- TABLE 11 Asia Pacific Passenger Vehicle Market by Country, 2018 - 2021, USD Million
- TABLE 12 Asia Pacific Passenger Vehicle Market by Country, 2022 - 2028, USD Million
- TABLE 13 Asia Pacific Commercial Vehicle Market by Country, 2018 - 2021, USD Million
- TABLE 14 Asia Pacific Commercial Vehicle Market by Country, 2022 - 2028, USD Million
- TABLE 15 Asia Pacific CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
- TABLE 16 Asia Pacific CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
- TABLE 17 Asia Pacific Front Wheel Drive Market by Country, 2018 - 2021, USD Million
- TABLE 18 Asia Pacific Front Wheel Drive Market by Country, 2022 - 2028, USD Million
- TABLE 19 Asia Pacific All-wheel Drive Market by Country, 2018 - 2021, USD Million
- TABLE 20 Asia Pacific All-wheel Drive Market by Country, 2022 - 2028, USD Million
- TABLE 21 Asia Pacific Rear Wheel Drive Market by Country, 2018 - 2021, USD Million
- TABLE 22 Asia Pacific Rear Wheel Drive Market by Country, 2022 - 2028, USD Million
- TABLE 23 Asia Pacific CNG Powertrain Market by Country, 2018 - 2021, USD Million
- TABLE 24 Asia Pacific CNG Powertrain Market by Country, 2022 - 2028, USD Million
- TABLE 25 China CNG Powertrain Market, 2018 - 2021, USD Million
- TABLE 26 China CNG Powertrain Market, 2022 - 2028, USD Million
- TABLE 27 China CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
- TABLE 28 China CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
- TABLE 29 China CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
- TABLE 30 China CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
- TABLE 31 China CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
- TABLE 32 China CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
- TABLE 33 Japan CNG Powertrain Market, 2018 - 2021, USD Million
- TABLE 34 Japan CNG Powertrain Market, 2022 - 2028, USD Million
- TABLE 35 Japan CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
- TABLE 36 Japan CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
- TABLE 37 Japan CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
- TABLE 38 Japan CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
- TABLE 39 Japan CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
- TABLE 40 Japan CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
- TABLE 41 India CNG Powertrain Market, 2018 - 2021, USD Million
- TABLE 42 India CNG Powertrain Market, 2022 - 2028, USD Million
- TABLE 43 India CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
- TABLE 44 India CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
- TABLE 45 India CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
- TABLE 46 India CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
- TABLE 47 India CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
- TABLE 48 India CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
- TABLE 49 South Korea CNG Powertrain Market, 2018 - 2021, USD Million
- TABLE 50 South Korea CNG Powertrain Market, 2022 - 2028, USD Million
- TABLE 51 South Korea CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
- TABLE 52 South Korea CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
- TABLE 53 South Korea CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
- TABLE 54 South Korea CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
- TABLE 55 South Korea CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
- TABLE 56 South Korea CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
- TABLE 57 Singapore CNG Powertrain Market, 2018 - 2021, USD Million
- TABLE 58 Singapore CNG Powertrain Market, 2022 - 2028, USD Million
- TABLE 59 Singapore CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
- TABLE 60 Singapore CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
- TABLE 61 Singapore CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
- TABLE 62 Singapore CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
- TABLE 63 Singapore CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
- TABLE 64 Singapore CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
- TABLE 65 Malaysia CNG Powertrain Market, 2018 - 2021, USD Million
- TABLE 66 Malaysia CNG Powertrain Market, 2022 - 2028, USD Million
- TABLE 67 Malaysia CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
- TABLE 68 Malaysia CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
- TABLE 69 Malaysia CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
- TABLE 70 Malaysia CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
- TABLE 71 Malaysia CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
- TABLE 72 Malaysia CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
- TABLE 73 Rest of Asia Pacific CNG Powertrain Market, 2018 - 2021, USD Million
- TABLE 74 Rest of Asia Pacific CNG Powertrain Market, 2022 - 2028, USD Million
- TABLE 75 Rest of Asia Pacific CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
- TABLE 76 Rest of Asia Pacific CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
- TABLE 77 Rest of Asia Pacific CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
- TABLE 78 Rest of Asia Pacific CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
- TABLE 79 Rest of Asia Pacific CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
- TABLE 80 Rest of Asia Pacific CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
- TABLE 81 Key Information - Maruti Suzuki India Limited
- TABLE 82 Key information - FPT Industrial
- TABLE 83 key Information - Volvo Group
- TABLE 84 key Information - Honda Motor Co. Ltd.
- TABLE 85 Key information - Cummins, Inc.
- TABLE 86 key Information - Hyundai Motor Company
- TABLE 87 key Information - Volkswagen AG
- TABLE 88 key information - Ford Motor Company
- TABLE 89 Key Information - Bosch Rexroth AG
- TABLE 90 Key information - Nissan Motor Corporation
List of Figures
- FIG 1 Methodology for the research
- FIG 2 SWOT Analysis: Hyundai Motor Company
- FIG 3 Swot analysis: Volkswagen AG
- FIG 4 Swot analsyis: ford motor Company
