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PUBLISHER: The Business Research Company | PRODUCT CODE: 1166444

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PUBLISHER: The Business Research Company | PRODUCT CODE: 1166444

Automotive Natural Gas Vehicle Market Global Market Report 2022: Ukraine-Russia War Impact

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“Automotive Natural Gas Vehicle Market Global Market Report 2022: Ukraine-Russia War Impact ” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global automotive natural gas vehicle market.

This report focuses on automotive natural gas vehicle market which is experiencing strong growth. The report gives a guide to the automotive natural gas vehicle market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.
  • Impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel format.

Where is the largest and fastest growing market for the automotive natural gas vehicle market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Automotive Natural Gas Vehicle market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider automotive natural gas vehicle market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($ b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Our forecasts are made after considering the major factors currently impacting the market. These include:
    • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
    • The impact of higher inflation in many countries and the resulting spike in interest rates.
    • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The automotive natural gas vehicle market section of the report gives context. It compares the automotive natural gas vehicle market with other segments of the automotive natural gas vehicle market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, automotive natural gas vehicle market indicators comparison.

Scope

Markets Covered:

  • 1) By Vehicle Type: Light-Duty Vehicle; Medium-Duty Vehicle; High-Duty Vehicle
  • 2) By Fuel Type: CNG; LNG
  • 3) By Application: Commercial Vehicles; Passenger Cars
  • Companies Mentioned: Agility Fuel Solutions; AB Volvo; Beiqi Foton Motor Co., Ltd.; CNH Industrial N.V.; Clean Energy Fuels
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the automotive natural gas vehicle market are: Agility Fuel Solutions, Aktiebolaget Volvo, Beiqi Foton Motor Co. Ltd., CNH Industrial N.V., Clean Energy Fuels, Cummins Inc., Paccar Inc, Navistar Inc., Quantum Fuel Systems LLC, Westport Fuel Systems Inc., General Motors Company, Maruti Suzuki India Ltd, Ford Motor Company, Hondo Motor Company, Volkswagenwerk GmbH, HyundaiMotor Corp, Iran Khodro, Volvo Group, C&C Truck, Tata Engineering and Locomotive Company Ltd., Fabbrica Italiana Automobili Torino, Regie Nationale Des Usines Renault, Caterpillar Inc., Shaanxi Automobile Group Limited, Mercedes-Benz Group AG, CNH Industrial NV, Landi Renzo, and Toyota Motor Corporation.

The global automotive natural gas vehicle market is expected to grow from $ 9.86 billion in 2021 to $ 10.86 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The automotive natural gas vehicl market is expected to grow to $ 14.24 billion in 2026 at a CAGR of 7%.

The automotive natural gas vehicle market consists of sales of automotive natural gas vehicles by entities (organizations, sole traders, and partnerships) that provide high mileage and comfort with low emissions. An automotive natural gas vehicle refers to an alternative fuel vehicle that operates with natural gas as the fuel rather than gasoline or diesel. These are lower-cost vehicles than gasoline and diesel and provide a long-lasting and secure fuel supply.

The main types of vehicles in automotive natural gas vehicles are light-duty vehicles, medium-duty vehicles, and high-duty vehicles. The light-duty vehicle carries people and has no more than eight seats in total. Light-duty vehicles are autos with at least four wheels that are used to transport cargo. The different fuel types include CNG and LNG that are used in several applications, such as commercial vehicles and passenger cars.

Asia Pacific was the largest region in the automotive natural gas vehicle market in 2021. The regions covered in the automotive natural gas vehicle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Stringent regulations for controlling air pollution are significantly contributing to the growth of the automotive natural gas vehicle market going forward. Air pollution refers to the contamination of air by any physical, chemical, or biological pollutants that are harmful to animals as well as humans. The governments are concerned about the adverse effects of air pollution and have started implementing various regulations to control pollution. This has increased the demand for automotive natural gas vehicles as they possess low emission properties due to the lower carbon content in the fuel. For instance, in September 2021, the World Health Organization's Global Air Quality Guidelines aim to save lives and improve air quality from air pollution. These guidelines also highlight good practices to manage certain types of particulate matter such as elemental carbon, particles originating from sand, ultrafine particles, and dust storms to set air quality guideline levels. Therefore, the stringent regulations for controlling air pollution are driving the automotive natural gas vehicle market.

Product innovations have emerged as the key trend gaining popularity in the automotive natural gas vehicle market. Major market players are: concentrating their efforts on creating innovative technologies to reduce greenhouse gas emissions. For instance, in October 2021, Scania, a Sweden-based commercial vehicle manufacturer, launched an LNG tractor unit for its biogas-fueled long-distance haulage. The inclusion of the LNG tractor unit covers both LNG (liquefied natural gas) and CNG (compressed natural gas) solutions in both two-axle variants. The Scania vehicle can operate on 100% biogas, which will offer up to a 90% carbon dioxide reduction.

In January 2022, Cummins, a US-based manufacturer of engines, filtration, and power generation products, formed a joint venture with Rush Enterprises by acquiring a 50% stake in Momentum Fuel Technologies from Rush Enterprises. The joint venture between the two businesses will aim to improve the manufacture of almost emission-free natural gas powertrains in North America. This partnership will also expand and improve the service and support for Compressed Natural Gas (CNG) and Renewable Natural Gas (RNG) customers of Cummins. Rush Enterprises is a US-based retailer of commercial vehicles, primarily new and used trucks.

The countries covered in the automotive natural gas vehicle market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The automotive natural gas vehicle market research report is one of a series of new reports from The Business Research Company that provides automotive natural gas vehicle market statistics, including automotive natural gas vehicle industry global market size, regional shares, competitors with automotive natural gas vehicle market share, detailed automotive natural gas vehicle market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive natural gas vehicle industry. This automotive natural gas vehicle market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Product Code: h2951

Table of Contents

1. Executive Summary

2. Automotive Natural Gas Vehicle Market Characteristics

3. Automotive Natural Gas Vehicle Market Trends And Strategies

4. Automotive Natural Gas Vehicle Market - Macro Economic Scenario

  • 4.1. COVID-19 Impact On Automotive Natural Gas Vehicle Market
  • 4.2. Ukraine-Russia War Impact On Automotive Natural Gas Vehicle Market
  • 4.3. Impact Of High Inflation On Automotive Natural Gas Vehicle Market

5. Automotive Natural Gas Vehicle Market Size And Growth

  • 5.1. Global Automotive Natural Gas Vehicle Historic Market, 2016-2021, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Automotive Natural Gas Vehicle Forecast Market, 2021-2026F, 2031F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Automotive Natural Gas Vehicle Market Segmentation

  • 6.1. Global Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Light-Duty Vehicle
  • Medium-Duty Vehicle
  • High-Duty Vehicle
  • 6.2. Global Automotive Natural Gas Vehicle Market, Segmentation By Fuel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • CNG
  • LNG
  • 6.3. Global Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Commercial Vehicles
  • Passenger Cars

7. Automotive Natural Gas Vehicle Market Regional And Country Analysis

  • 7.1. Global Automotive Natural Gas Vehicle Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 7.2. Global Automotive Natural Gas Vehicle Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

8. Asia-Pacific Automotive Natural Gas Vehicle Market

  • 8.1. Asia-Pacific Automotive Natural Gas Vehicle Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 8.3. Asia-Pacific Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

9. China Automotive Natural Gas Vehicle Market

  • 9.1. China Automotive Natural Gas Vehicle Market Overview
  • 9.2. China Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
  • 9.3. China Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

10. India Automotive Natural Gas Vehicle Market

  • 10.1. India Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 10.2. India Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11. Japan Automotive Natural Gas Vehicle Market

  • 11.1. Japan Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 11.2. Japan Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. Australia Automotive Natural Gas Vehicle Market

  • 12.1. Australia Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 12.2. Australia Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

13. Indonesia Automotive Natural Gas Vehicle Market

  • 13.1. Indonesia Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 13.2. Indonesia Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

14. South Korea Automotive Natural Gas Vehicle Market

  • 14.1. South Korea Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 14.2. South Korea Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

15. Western Europe Automotive Natural Gas Vehicle Market

  • 15.1. Western Europe Automotive Natural Gas Vehicle Market Overview
  • 15.2. Western Europe Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 15.3. Western Europe Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

16. UK Automotive Natural Gas Vehicle Market

  • 16.1. UK Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 16.2. UK Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

17. Germany Automotive Natural Gas Vehicle Market

  • 17.1. Germany Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 17.2. Germany Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. France Automotive Natural Gas Vehicle Market

  • 18.1. France Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 18.2. France Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

19. Eastern Europe Automotive Natural Gas Vehicle Market

  • 19.1. Eastern Europe Automotive Natural Gas Vehicle Market Overview
  • 19.2. Eastern Europe Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 19.3. Eastern Europe Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

20. Russia Automotive Natural Gas Vehicle Market

  • 20.1. Russia Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 20.2. Russia Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

21. North America Automotive Natural Gas Vehicle Market

  • 21.1. North America Automotive Natural Gas Vehicle Market Overview
  • 21.2. North America Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 21.3. North America Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

22. USA Automotive Natural Gas Vehicle Market

  • 22.1. USA Automotive Natural Gas Vehicle Market Overview
  • 22.2. USA Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 22.3. USA Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

23. South America Automotive Natural Gas Vehicle Market

  • 23.1. South America Automotive Natural Gas Vehicle Market Overview
  • 23.2. South America Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 23.3. South America Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

24. Brazil Automotive Natural Gas Vehicle Market

  • 24.1. Brazil Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 24.2. Brazil Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

25. Middle East Automotive Natural Gas Vehicle Market

  • 25.1. Middle East Automotive Natural Gas Vehicle Market Overview
  • 25.2. Middle East Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 25.3. Middle East Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

26. Africa Automotive Natural Gas Vehicle Market

  • 26.1. Africa Automotive Natural Gas Vehicle Market Overview
  • 26.2. Africa Automotive Natural Gas Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 26.3. Africa Automotive Natural Gas Vehicle Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

27. Automotive Natural Gas Vehicle Market Competitive Landscape And Company Profiles

  • 27.1. Automotive Natural Gas Vehicle Market Competitive Landscape
  • 27.2. Automotive Natural Gas Vehicle Market Company Profiles
    • 27.2.1. Agility Fuel Solutions
  • 27.2.1.1. Overview
  • 27.2.1.2. Products and Services
  • 27.2.1.3. Strategy
  • 27.2.1.4. Financial Performance
    • 27.2.2. Aktiebolaget Volvo
  • 27.2.2.1. Overview
  • 27.2.2.2. Products and Services
  • 27.2.2.3. Strategy
  • 27.2.2.4. Financial Performance
    • 27.2.3. Beiqi Foton Motor Co. Ltd.
  • 27.2.3.1. Overview
  • 27.2.3.2. Products and Services
  • 27.2.3.3. Strategy
  • 27.2.3.4. Financial Performance
    • 27.2.4. CNH Industrial N.V.
  • 27.2.4.1. Overview
  • 27.2.4.2. Products and Services
  • 27.2.4.3. Strategy
  • 27.2.4.4. Financial Performance
    • 27.2.5. Clean Energy Fuels
  • 27.2.5.1. Overview
  • 27.2.5.2. Products and Services
  • 27.2.5.3. Strategy
  • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Automotive Natural Gas Vehicle Market

29. Automotive Natural Gas Vehicle Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Historic And Forecast Inflation Rates
  • 30.4. Research Inquiries
  • 30.5. The Business Research Company
  • 30.6. Copyright And Disclaimer
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