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PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1355737
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1355737
CNG Powertrain Market Size- By Drive Type, By Fuel Type, By Vehicle Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
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Introduction and Overview
According to SPER Market Research, 'CNG Powertrain Market Size- By Drive Type, By Fuel Type, By Vehicle Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the CNG Powertrain Market is predicted to reach USD 501.32 billion by 2033 with a CAGR of 17.81%.
CNG powertrains are a type of engine that runs on compressed natural gas (CNG) rather than petrol or diesel fuel. CNG burns more efficiently and produces less hazardous fuel emissions than petrol and diesel. An internal combustion engine running on petrol is equivalent to a CNG powertrain. The combustion process in the CNG powertrain remains the same, however there are a few new parts. Before being burned in the cylinder to produce power, the fuel and air are mixed. Unlike traditional gasoline tanks, CNG required a tank that could transport highly pressurised gas.
Furthermore, a global economic downturn brought on by the COVID-19 epidemic affected several industries, including the CNG Powertrain business, whose expansion is directly tied to that of the automobile sector. Early in 2020, supply chain breakdowns and lockdowns, particularly in China and Japan, two major producers of passenger cars, forced production to slow down. Disappointing passenger car sales worldwide for FY-20 can be attributed to a substantial shift in consumer preferences.
Scope of the Report
Report Metric Details:
- Market size available for years: 2019-2033
- Base year considered: 2022
- Forecast period: 2023-2033
- Segments covered: By Drive Type, By Fuel Type, By Vehicle Type
- Regions covered: North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
- Companies Covered: AB Volvo, Cummins Inc., Ford Motor Company, FPT Industrial S.P.A., Honda Motor Company, Hyundai Motor Company, Maruti Suzuki India Limited.
Market Segmentation:
- By Drive Type: Based on the Drive Type, Global CNG Powertrain Market is segmented as; All-Wheel Drive, Front Wheel Drive, Rear Wheel Drive.
- By Fuel Type: Based on the Fuel Type, Global CNG Powertrain Market is segmented as; Bi-fuel, Mono Fuel.
- By Vehicle Type: Based on the Vehicle Type, Global CNG Powertrain Market is segmented as; Commercial Vehicle, Passenger Vehicle.
- By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Product Code: AMIN23142
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Global CNG Powertrain Market
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global CNG Powertrain Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global CNG Powertrain Market
7. Global CNG Powertrain Market, By Drive Type (USD Million)
- 7.1. Global CNG Powertrain Market Value Share and Forecast, By Drive Type, 2023-2033
- 7.2. All-Wheel Drive
- 7.3. Front Wheel Drive
- 7.4. Rear Wheel Drive
8. Global CNG Powertrain Market, By Fuel Type (USD Million)
- 8.1. Global CNG Powertrain Market Value Share and Forecast, By Fuel Type, 2023-2033
- 8.2. Bi-fuel
- 8.3. Mono Fuel
9. Global CNG Powertrain Market, By Vehicle Type (USD Million)
- 9.1. Global CNG Powertrain Market Value Share and Forecast, By Vehicle Type, 2023-2033
- 9.2. Commercial Vehicle
- 9.3. Passenger Vehicle
10. Global CNG Powertrain Market Forecast, 2019-2033 (USD Million)
- 10.1. Global CNG Powertrain Market Size and Market Share
11. Global CNG Powertrain Market, By Drive Type, 2019-2033 (USD Million)
- 11.1. Global CNG Powertrain Market Size and Market Share By Drive Type (2019-2026)
- 11.2. Global CNG Powertrain Market Size and Market Share By Drive Type (2027-2033)
12. Global CNG Powertrain Market, By Fuel Type, 2019-2033 (USD Million)
- 12.1. Global CNG Powertrain Market Size and Market Share By Fuel Type (2019-2026)
- 12.2. Global CNG Powertrain Market Size and Market Share By Fuel Type (2027-2033)
13. Global CNG Powertrain Market, By Vehicle Type, 2019-2033 (USD Million)
- 13.1. Global CNG Powertrain Market Size and Market Share By Vehicle Type (2019-2026)
- 13.2. Global CNG Powertrain Market Size and Market Share By Vehicle Type (2027-2033)
14. Global CNG Powertrain Market, By Region, 2019-2033 (USD Million)
- 14.1. Global CNG Powertrain Market Size and Market Share By Region (2019-2026)
- 14.2. Global CNG Powertrain Market Size and Market Share By Region (2027-2033)
- 14.3. Asia-Pacific
- 14.3.1. Australia
- 14.3.2. China
- 14.3.3. India
- 14.3.4. Japan
- 14.3.5. South Korea
- 14.3.6. Rest of Asia-Pacific
- 14.4. Europe
- 14.4.1. France
- 14.4.2. Germany
- 14.4.3. Italy
- 14.4.4. Spain
- 14.4.5. United Kingdom
- 14.4.6. Rest of Europe
- 14.5. Middle East and Africa
- 14.5.1. Kingdom of Saudi Arabia
- 14.5.2. United Arab Emirates
- 14.5.3. Rest of Middle East & Africa
- 14.6. North America
- 14.6.1. Canada
- 14.6.2. Mexico
- 14.6.3. United States
- 14.7. Latin America
- 14.7.1. Argentina
- 14.7.2. Brazil
- 14.7.3. Rest of Latin America
15. Company Profile
- 15.1. AB Volvo
- 15.1.1. Company details
- 15.1.2. Financial outlook
- 15.1.3. Product summary
- 15.1.4. Recent developments
- 15.2. Cummins Inc.
- 15.2.1. Company details
- 15.2.2. Financial outlook
- 15.2.3. Product summary
- 15.2.4. Recent developments
- 15.3. Ford Motor Company
- 15.3.1. Company details
- 15.3.2. Financial outlook
- 15.3.3. Product summary
- 15.3.4. Recent developments
- 15.4. FPT Industrial S.P.A.
- 15.4.1. Company details
- 15.4.2. Financial outlook
- 15.4.3. Product summary
- 15.4.4. Recent developments
- 15.5. Honda Motor Company
- 15.5.1. Company details
- 15.5.2. Financial outlook
- 15.5.3. Product summary
- 15.5.4. Recent developments
- 15.6. Hyundai Motor Company
- 15.6.1. Company details
- 15.6.2. Financial outlook
- 15.6.3. Product summary
- 15.6.4. Recent developments
- 15.7. Maruti Suzuki India Limited
- 15.7.1. Company details
- 15.7.2. Financial outlook
- 15.7.3. Product summary
- 15.7.4. Recent developments
- 15.8. Nissan Motor Co., Ltd.
- 15.8.1. Company details
- 15.8.2. Financial outlook
- 15.8.3. Product summary
- 15.8.4. Recent developments
- 15.9. Robert Bosch GmbH
- 15.9.1. Company details
- 15.9.2. Financial outlook
- 15.9.3. Product summary
- 15.9.4. Recent developments
- 15.10. Volkswagen AG
- 15.10.1. Company details
- 15.10.2. Financial outlook
- 15.10.3. Product summary
- 15.10.4. Recent developments
- 15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
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