CNG & LPG Vehicle Market by Vehicle Body Type (Passenger Cars, Three-wheelers & Commercial Vehicles) Fuel Type (CNG & LPG), By Kit type (Venturi & Sequential), By Fitting (OE & Aftermarket), by Engine System Type and by Region - Global Forecast to 2026
The global electric vehicle charging station market size is projected to reach 4,389 thousand units sales by 2026, from an estimated 2,135 thousand units in 2021, at a CAGR of 15.5%. Governments are supporting CNG and LPG vehicles through subsidies & tax rebates for using low emission vehicles and working in collaboration with such OEM’s to speed up growth of their countries.
Increased demand for efficient and low emission vehicles along with government support will boost the CNG and LPG vehicle market. Consumers from developing countries are already feeling the heat of the increasing cost of petrol. CNG and LPG vehicles use can reduce the operating cost of these vehicles. To make the CNG and LPG vehicle market grow, a continued support from the government will be needed along with the growing numbers of bi-fuel and dual fuel vehicle users and reduced initial cost of adding CNG and LPG options for the vehicles.
However, COVID-19 pandemic is expected to have a significant impact on the CNG and LPG vehicle market. Both the production and sales of CNG and LPG vehicles had come to a halt in Q1 and Q2 of 2020 across the globe as the whole ecosystem had been disrupted. However, in the next two quarters, the sale of CNG and LPG vehicles had been growing. OEMs had to wait until lockdowns were lifted to resume production, which affected their business. Post the pandemic, the demand for CNG and LPG vehicles might increase, as people are getting increasingly conceous for reducing emissions from vehicles around the world.
“The Passenger vehicle Segment is expected to be the largest market in the vehicle body segment in the forecast.”
Passenger cars are motor vehicles primarily used to transport passengers and have up to 9 seating capacity, including the driver. Some major types of passenger vehicles include sedan, hatchback, MPV/minivan, SUV/4X4, CUV/crossover, pickup, coupe, convertible, and station wagon. Many OEMs have been developing CNG and LPG fuel passenger cars over the years. Major manufacturers in this segment include Suzuki Motor Corporation, Honda Motor Company, Hyundai Group, Volkswagen AG, and Ford Motor Company. Governments around the world have been encouraging the use of CNG and LPG as low emission vehicles for passenger vehicles.
“Heavy-duty segment is expected to be the fastest growing in the vehicle type segment during the forecast period.”
The sales of heavy-duty CNG and LPG vehicles are projected to significantly increase during the forecast period due to the trend of commercial vehicles worldwide moving towards the usage of low emission fuels. This projected increase is also attributed to many countries around the world adopting new regulations to lower emissions on a large scale. These countries have encouraged the growth of CNG and LPG fuels especially in the heavy duty vehicles segment where electric vehicles are less of a competition to CNG and LPG vehicles market.
“Sequential Kit segment is expected to be fastest growing in the Kit segment in the forecast period.”
The sequential kit is a much better option for vehicles. In this type of kit, the alternative fuel flow is controlled by injectors and directly sent into the intake manifold of the petrol injectors. Gas flow is monitored and fixed electronically by a separate ECU. Sequential engines, however, can only be installed on vehicles that have electronic fuel injection systems. Sequential injection systems offer better mileage and higher performance than venture kits. However, sequential kits perform best with high compression engines only.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
Research Coverage:
The market study covers the electric vehicle charging station market size and future growth potential across different segments like Fuel Type, Vehicle Type, Vehicle Body Type, Engine System Type, Intake System Type, Kit Type, Fitting Type and Region.
The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
Increased demand for efficient and low emission vehicles along with government support will boost the CNG and LPG vehicle market. Consumers from developing countries are already feeling the heat of the increasing cost of petrol. CNG and LPG vehicles use can reduce the operating cost of these vehicles. To make the CNG and LPG vehicle market grow, a continued support from the government will be needed along with the growing numbers of bi-fuel and dual fuel vehicle users and reduced initial cost of adding CNG and LPG options for the vehicles.
However, COVID-19 pandemic is expected to have a significant impact on the CNG and LPG vehicle market. Both the production and sales of CNG and LPG vehicles had come to a halt in Q1 and Q2 of 2020 across the globe as the whole ecosystem had been disrupted. However, in the next two quarters, the sale of CNG and LPG vehicles had been growing. OEMs had to wait until lockdowns were lifted to resume production, which affected their business. Post the pandemic, the demand for CNG and LPG vehicles might increase, as people are getting increasingly conceous for reducing emissions from vehicles around the world.
“The Passenger vehicle Segment is expected to be the largest market in the vehicle body segment in the forecast.”
Passenger cars are motor vehicles primarily used to transport passengers and have up to 9 seating capacity, including the driver. Some major types of passenger vehicles include sedan, hatchback, MPV/minivan, SUV/4X4, CUV/crossover, pickup, coupe, convertible, and station wagon. Many OEMs have been developing CNG and LPG fuel passenger cars over the years. Major manufacturers in this segment include Suzuki Motor Corporation, Honda Motor Company, Hyundai Group, Volkswagen AG, and Ford Motor Company. Governments around the world have been encouraging the use of CNG and LPG as low emission vehicles for passenger vehicles.
“Heavy-duty segment is expected to be the fastest growing in the vehicle type segment during the forecast period.”
The sales of heavy-duty CNG and LPG vehicles are projected to significantly increase during the forecast period due to the trend of commercial vehicles worldwide moving towards the usage of low emission fuels. This projected increase is also attributed to many countries around the world adopting new regulations to lower emissions on a large scale. These countries have encouraged the growth of CNG and LPG fuels especially in the heavy duty vehicles segment where electric vehicles are less of a competition to CNG and LPG vehicles market.
“Sequential Kit segment is expected to be fastest growing in the Kit segment in the forecast period.”
The sequential kit is a much better option for vehicles. In this type of kit, the alternative fuel flow is controlled by injectors and directly sent into the intake manifold of the petrol injectors. Gas flow is monitored and fixed electronically by a separate ECU. Sequential engines, however, can only be installed on vehicles that have electronic fuel injection systems. Sequential injection systems offer better mileage and higher performance than venture kits. However, sequential kits perform best with high compression engines only.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
- By Company Type: Tier I - 52%, Tier II - 12%, and OEMs - 36%
- By Designation: C Level Executives - 23%, Directors - 47%, and Others - 30%
- By Region: North America - 33%, Europe - 31%, Asia Pacific - 28% and Rest of the World – 8%
Research Coverage:
The market study covers the electric vehicle charging station market size and future growth potential across different segments like Fuel Type, Vehicle Type, Vehicle Body Type, Engine System Type, Intake System Type, Kit Type, Fitting Type and Region.
The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
- The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall CNG and LPG Vehicle market and its subsegments.
- This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
- The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITIONS
1.3 INCLUSIONS & EXCLUSIONS
TABLE 1 INCLUSIONS & EXCLUSIONS FOR CNG AND LPG VEHICLE MARKET
1.4 MARKET SCOPE
FIGURE 1 CNG AND LPG VEHICLE MARKET SEGMENTATION
1.4.1 YEARS CONSIDERED FOR THE STUDY
1.5 PACKAGE SIZE
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 CNG AND LPG VEHICLE MARKET: RESEARCH DESIGN
FIGURE 3 RESEARCH METHODOLOGY MODEL
2.2 SECONDARY DATA
2.2.1 KEY SECONDARY SOURCES
2.2.2 KEY DATA FROM SECONDARY SOURCES
2.3 PRIMARY DATA
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS
2.3.2 PRIMARY PARTICIPANTS
2.4 MARKET ESTIMATION METHODOLOGY
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.5 MARKET SIZE ESTIMATION
2.5.1 BOTTOM-UP APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY FOR CNG AND LPG VEHICLE MARKET: BOTTOM-UP APPROACH
2.5.2 TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY FOR CNG AND LPG VEHICLE MARKET: TOP-DOWN APPROACH
2.5.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDE
2.6 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.7 FACTOR ANALYSIS
2.8 RESEARCH ASSUMPTIONS & LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 9 CNG AND LPG VEHICLE MARKET: MARKET DYNAMICS
FIGURE 10 CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (UNITS)
FIGURE 11 HEAVY-DUTY VEHICLE SEGMENT EXPECTED TO REGISTER HIGHER CAGR THAN LIGHT-DUTY VEHICLE SEGMENT DURING FORECAST PERIOD
FIGURE 12 COVID-19 IMPACT ON CNG AND LPG VEHICLE MARKET, 2018–2026
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN CNG AND LPG VEHICLE MARKET
FIGURE 13 INCREASING DEMAND FOR EFFICIENT & LOW EMISSION COMMUTING TO DRIVE MARKET
4.2 CNG AND LPG VEHICLE MARKET, BY REGION
FIGURE 14 ASIA OCEANIA ESTIMATED TO BE LARGEST MARKET IN 2021
4.3 CNG AND LPG VEHICLE MARKET, BY FUEL TYPE
FIGURE 15 LPG SEGMENT EXPECTED TO REGISTER HIGHER CAGR THAN CNG SEGMENT DURING FORECAST PERIOD
4.4 CNG AND LPG VEHICLE MARKET, BY VEHICLE BODY TYPE
FIGURE 16 COMMERCIAL VEHICLE SEGMENT EXPECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.5 CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE
FIGURE 17 HEAVY-DUTY VEHICLE SEGMENT EXPECTED TO REGISTER HIGHER CAGR THAN LIGHT-DUTY VEHICLE SEGMENT DURING FORECAST PERIOD
4.6 CNG AND LPG VEHICLE MARKET, BY FITTING TYPE
FIGURE 18 OEM/FACTORY-FITTED SEGMENT EXPECTED TO HIGHER CAGR THAN AFTERMARKET SEGMENT DURING FORECAST PERIOD
4.7 CNG AND LPG VEHICLE MARKET, BY KIT TYPE
FIGURE 19 SEQUENTIAL SEGMENT EXPECTED TO REGISTER HIGHER CAGR THAN VENTURI SEGMENT DURING FORECAST PERIOD
4.8 CNG AND LPG VEHICLE MARKET, BY ENGINE SYSTEM TYPE
FIGURE 20 DEDICATED FUEL SEGMENT EXPECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.9 CNG AND LPG VEHICLE MARKET, BY INTAKE SYSTEM TYPE
FIGURE 21 LIQUID PHASE DIRECT INJECTION (LPDI) SEGMENT EXPECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 22 CNG AND LPG VEHICLE MARKET: MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Significant increase in vehicle production and sales globally
FIGURE 23 GLOBAL VEHICLE SALES, 2010–2019 (MILLION UNITS)
5.2.1.2 Lower operational cost compared to petroleum vehicles
TABLE 2 US: NATIONAL AVERAGE RETAIL FUEL PRICES OF CONVENTIONAL AND ALTERNATIVE FUELS
FIGURE 24 LNG & GAS PRICING
5.2.1.3 Rising petrol prices in the international market
TABLE 3 US: PETROL AVERAGE PRICING TREND OVER THE PAST FEW YEARS
5.2.2 RESTRAINTS
5.2.2.1 Higher maintenance and initial vehicle costs compared to petroleum vehicles
5.2.2.2 Less CNG and LPG fuel availability in many regions
TABLE 4 CNG, LPG, AND LNG STATIONS WORLDWIDE
5.2.3 OPPORTUNITIES
5.2.3.1 Rising concerns worldwide about vehicle emissions
FIGURE 25 WORLDWIDE EMISSIONS DATA, 2019
5.2.3.2 Availability of dual fuel options in vehicles
TABLE 5 TOP SELLING CNG OR LPG VEHICLE MODELS WORLDWIDE
5.2.4 CHALLENGES
5.2.4.1 Improper drainage causing cylinder damage
5.2.4.2 Improper protection of exhaust and other heat-producing components
TABLE 6 CNG AND LPG VEHICLE MARKET: IMPACT OF MARKET DYNAMICS
5.3 PORTER’S FIVE FORCES
FIGURE 26 PORTER’S FIVE FORCES: CNG AND LPG VEHICLE MARKET
5.3.1 THREAT OF SUBSTITUTES
5.3.2 THREAT OF NEW ENTRANTS
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 RIVALRY AMONG EXISTING COMPETITORS
TABLE 7 CNG AND LPG VEHICLE MARKET: IMPACT OF PORTER’S 5 FORCES
5.4 CNG AND LPG VEHICLE MARKET ECOSYSTEM
FIGURE 27 CNG AND LPG VEHICLE MARKET: ECOSYSTEM ANALYSIS
TABLE 8 CNG AND LPG VEHICLE MARKET: ROLE OF COMPANIES IN ECOSYSTEM
5.5 SUPPLY CHAIN ANALYSIS
FIGURE 28 SUPPLY CHAIN ANALYSIS: CNG AND LPG VEHICLE MARKET
5.5.1 CNG AND LPG PROVIDERS
5.5.2 TIER I SUPPLIERS
5.5.3 OEMS
5.5.4 END USERS
5.6 AVERAGE SELLING PRICE TREND
TABLE 9 CNG AND LPG VEHICLE MARKET: PRICE RANGE ANALYSIS FOR CNG PASSENGER VEHICLE SEGMENT, 2020 (USD)
FIGURE 29 PRICING ANALYSIS OF PASSENGER VEHICLES ACROSS VARIOUS REGIONS, 2020 (USD)
5.7 TECHNOLOGY ANALYSIS
5.7.1 BI-FUEL VEHICLES
FIGURE 30 PARTS OF BI-FUEL VEHICLE TRANSMISSION SYSTEM
5.7.2 IOT IN ALTERNATIVE FUEL VEHICLES
5.7.3 3D PRINTING TECHNOLOGY
5.7.4 CONNECTED VEHICLES
5.8 PATENT ANALYSIS
5.9 CASE STUDY
5.9.1 A CASE STUDY ON USING NATURAL GAS FOR REGIONAL TRANSPORT TRUCKS
5.10 REGULATORY OVERVIEW
5.10.1 US
TABLE 10 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN US
5.10.2 CHINA
TABLE 11 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN CHINA
5.10.3 INDIA
TABLE 12 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN INDIA
5.10.4 JAPAN
TABLE 13 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN JAPAN
5.10.5 SOUTH KOREA
TABLE 14 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN SOUTH KOREA
5.10.6 IRAN
TABLE 15 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN IRAN
5.10.7 ITALY
TABLE 16 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN ITALY
5.10.8 GERMANY
TABLE 17 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN GERMANY
5.11 COVID-19 IMPACT ANALYSIS
5.11.1 INTRODUCTION TO COVID-19
5.11.2 COVID-19 HEALTH ASSESSMENT
5.12 COVID-19 ECONOMIC ASSESSMENT
5.12.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
5.12.2 COVID-19 IMPACT ON AUTOMOTIVE INDUSTRY
5.12.3 OEM ANNOUNCEMENTS
TABLE 18 OEM ANNOUNCEMENTS
5.12.4 IMPACT ON AUTOMOTIVE PRODUCTION
5.13 CNG AND LPG VEHICLE MARKET, SCENARIOS (2020–2025)
FIGURE 36 CNG AND LPG VEHICLE MARKET – FUTURE TRENDS & SCENARIO, 2020–2026 (THOUSAND UNITS)
5.13.1 MOST LIKELY SCENARIO
TABLE 19 MOST LIKELY SCENARIO, BY REGION, 2021–2026 (THOUSAND UNITS)
5.13.2 OPTIMISTIC SCENARIO
TABLE 20 OPTIMISTIC SCENARIO, BY REGION, 2021–2026 (THOUSAND UNITS)
5.13.3 PESSIMISTIC SCENARIO
TABLE 21 PESSIMISTIC SCENARIO, BY REGION, 2021–2026 (THOUSAND UNITS)
6 CNG AND LPG VEHICLE MARKET, BY ENGINE/SYSTEM TYPE
6.1 INTRODUCTION
FIGURE 37 DEDICATED FUEL SEGMENT EXPECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 22 CNG AND LPG VEHICLE MARKET, BY ENGINE/SYSTEM TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 23 CNG AND LPG VEHICLE MARKET, BY ENGINE/SYSTEM TYPE, 2021–2026 (THOUSAND UNITS)
6.2 OPERATIONAL DATA
TABLE 24 POPULAR CNG AND LPG OEMS AND KIT PROVIDERS GLOBALLY
6.2.1 ASSUMPTIONS
TABLE 25 ASSUMPTIONS: BY ENGINE/SYSTEM TYPE
6.3 RESEARCH METHODOLOGY
6.4 DEDICATED FUEL
6.4.1 GOVERNMENT INCENTIVES TO DRIVE ADOPTION OF DEDICATED FUEL SYSTEM VEHICLES
TABLE 26 DEDICATED FUEL: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 27 DEDICATED FUEL: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
6.5 BI-FUEL
6.5.1 EASY FUEL SWITCHING TO ENCOURAGE BI-FUEL SYSTEM VEHICLES GROWTH
TABLE 28 BI-FUEL: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 29 BI-FUEL: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
6.6 DUAL FUEL
6.6.1 FAVORABLE GOVERNMENT POLICIES TO INCREASE GROWTH OF DUAL FUEL VEHICLE SEGMENT
TABLE 30 DUAL FUEL: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 31 DUAL FUEL: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
6.7 KEY PRIMARY INSIGHTS
FIGURE 38 KEY PRIMARY INSIGHTS
7 CNG AND LPG VEHICLE MARKET, BY FITTING TYPE
7.1 INTRODUCTION
FIGURE 39 OEM/FACTORY-FITTED SEGMENT EXPECTED TO REGISTER HIGHER CAGR THAN AFTERMARKET SEGMENT DURING FORECAST PERIOD
TABLE 32 CNG AND LPG VEHICLE MARKET, BY FITTING TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 33 CNG AND LPG VEHICLE MARKET, BY FITTING TYPE, 2021–2026 (THOUSAND UNITS)
7.2 OPERATIONAL DATA
TABLE 34 POPULAR CNG AND LPG OEMS AND KIT PROVIDERS WORLDWIDE
7.2.1 ASSUMPTIONS
TABLE 35 ASSUMPTIONS: BY FITTING TYPE
7.3 RESEARCH METHODOLOGY
7.4 OEM-FITTED/FACTORY-FITTED
TABLE 36 TOP OEM/FACTORY-FITTED VEHICLE MODELS SOLD IN ASIA
7.4.1 OEM/FACTORY-FITTED VEHICLES TO GROW FASTER DUE TO GROWING DEMAND OF GREEN VEHICLES
TABLE 37 OEM/FACTORY-FITTED: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 38 OEM/FACTORY FITTED: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
7.5 AFTERMARKET
7.5.1 GOVERNMENT REGULATIONS TO BENEFIT AFTERMARKET CONVERSIONS ACROSS VARIOUS COUNTRIES
TABLE 39 AFTERMARKET: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 40 AFTERMARKET: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
7.6 KEY PRIMARY INSIGHTS
FIGURE 40 KEY PRIMARY INSIGHTS
8 CNG AND LPG VEHICLE MARKET, BY FUEL TYPE
8.1 INTRODUCTION
FIGURE 41 PETROL VS AUTOGAS (LPG)
FIGURE 42 BY FUEL TYPE, LPG SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2021–2026)
TABLE 41 CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 42 CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, 2021–2026 (THOUSAND UNITS)
8.2 OPERATIONAL DATA
TABLE 43 CNG & LNG STATIONS IN EUROPE
8.2.1 ASSUMPTIONS
TABLE 44 ASSUMPTIONS: BY FUEL TYPE
8.3 RESEARCH METHODOLOGY
8.4 CNG
TABLE 45 COMPETITIVENESS OF AUTOGAS AGAINST COMPRESSED NATURAL
GAS (CNG)
8.4.1 LOW COST OF OPERATIONS TO DRIVE CNG VEHICLE MARKET
TABLE 46 CNG: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 47 CNG: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
8.5 LPG
TABLE 48 AUTOGAS MARKET DATA (LPG DATA)
8.5.1 EUROPE AND NORTH AMERICA TO ENCOURAGE AUTOGAS ADOPTION
TABLE 49 LPG: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 50 LPG: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
8.6 KEY PRIMARY INSIGHTS
FIGURE 43 KEY PRIMARY INSIGHTS
9 CNG AND LPG VEHICLE MARKET, BY INTAKE SYSTEM TYPE (LPG VEHICLES)
9.1 INTRODUCTION
FIGURE 44 LPDI SYSTEM SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD (2021–2026)
TABLE 51 CNG AND LPG VEHICLE MARKET, BY INTAKE SYSTEM TYPE (LPG), 2018–2020 (THOUSAND UNITS)
TABLE 52 CNG AND LPG VEHICLE MARKET, BY INTAKE SYSTEM TYPE (LPG), 2021–2026 (THOUSAND UNITS)
9.2 OPERATIONAL DATA
TABLE 53 POPULAR CNG AND LPG OEMS AND KIT PROVIDERS WORLDWIDE
9.2.1 ASSUMPTIONS
TABLE 54 ASSUMPTIONS: BY INTAKE SYSTEM TYPE (LPG VEHICLES)
9.3 RESEARCH METHODOLOGY
9.4 CONVERTER-MIXER SYSTEM
9.4.1 LOW COST OF CONVERSION TO BOOST MARKET
TABLE 55 CONVERTER-MIXER SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 56 CONVERTER-MIXER SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
9.5 VAPOR PHASE INJECTION (VPI) SYSTEM
9.5.1 EUROPE TO BE LARGEST MARKET FOR VAPOR PHASE INJECTION (VPI) SYSTEM
TABLE 57 VPI SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 58 VPI SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
9.6 LIQUID PHASE INJECTION (LPI) SYSTEM
9.6.1 HIGHER FUEL EFFICIENCY AND BETTER EMISSION CONTROL TO INCREASE MARKET
TABLE 59 LPI SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 60 LPI SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
9.7 LIQUID PHASE DIRECT INJECTION (LPDI) SYSTEM
9.7.1 LOWEST OPERATIONAL COST TO INCREASE MARKET
TABLE 61 LPDI SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 62 LPDI SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
9.8 KEY PRIMARY INSIGHTS
FIGURE 45 KEY PRIMARY INSIGHTS
10 CNG AND LPG VEHICLE MARKET, BY KIT TYPE
10.1 INTRODUCTION
FIGURE 46 BY KIT TYPE, SEQUENTIAL SEGMENT EXPECTED TO REGISTER HIGHER CAGR THAN VENTURI SEGMENT DURING FORECAST PERIOD
TABLE 63 CNG AND LPG VEHICLE MARKET, BY KIT TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 64 CNG AND LPG VEHICLE MARKET, BY KIT TYPE, 2021–2026 (THOUSAND UNITS)
10.2 OPERATIONAL DATA
TABLE 65 POPULAR CNG AND LPG KIT PROVIDERS WORLDWIDE
10.2.1 ASSUMPTIONS
TABLE 66 ASSUMPTIONS: BY KIT TYPE
10.3 RESEARCH METHODOLOGY
10.4 VENTURI
10.4.1 LOW COST OF CONVERSIONS AND LOWER OPERATING COST TO DRIVE CNG AND LPG KIT MARKET
TABLE 67 VENTURI: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 68 VENTURI: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
10.5 SEQUENTIAL
10.5.1 HIGHER FUEL ECONOMY TO INCREASE DEMAND FOR SEQUENTIAL KITS
TABLE 69 SEQUENTIAL: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 70 SEQUENTIAL: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
10.6 KEY PRIMARY INSIGHTS
FIGURE 47 KEY PRIMARY INSIGHTS
11 CNG AND LPG VEHICLE MARKET, BY VEHICLE BODY TYPE
11.1 INTRODUCTION
FIGURE 48 COMMERCIAL VEHICLE SEGMENT EXPECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 71 CNG AND LPG VEHICLE MARKET, BY VEHICLE BODY TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 72 CNG AND LPG VEHICLE MARKET, BY VEHICLE BODY TYPE, 2021–2026 (THOUSAND UNITS)
11.2 OPERATIONAL DATA
TABLE 73 POPULAR CNG AND LPG VEHICLE PROVIDERS GLOBALLY
11.2.1 ASSUMPTIONS
TABLE 74 ASSUMPTIONS: BY VEHICLE BODY TYPE
11.3 RESEARCH METHODOLOGY
11.4 PASSENGER CAR
11.4.1 GROWING DEMAND FOR LOW EMISSION AND LOW OPERATIONAL COST FUELS
TABLE 75 PASSENGER CAR: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 76 PASSENGER CAR: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
11.5 COMMERCIAL VEHICLE
11.5.1 EUROPE AND NORTH AMERICA TO ENCOURAGE CNG AND LPG FOR COMMERCIAL VEHICLES
TABLE 77 COMMERCIAL VEHICLE: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 78 COMMERCIAL VEHICLE: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
11.6 THREE-WHEELER
11.6.1 ASIA OCEANIA IS THE LARGEST CNG AND LPG THREE-WHEELER MARKET
TABLE 79 THREE-WHEELER: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 80 THREE-WHEELER: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
11.7 KEY PRIMARY INSIGHTS
FIGURE 49 KEY PRIMARY INSIGHTS
12 CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE
12.1 INTRODUCTION
FIGURE 50 HEAVY-DUTY VEHICLE SEGMENT PROJECTED TO REGISTER HIGHER CAGR THAN LIGHT-DUTY VEHICLE SEGMENT DURING FORECAST PERIOD
TABLE 81 CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 82 CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
12.2 OPERATIONAL DATA
TABLE 83 POPULAR CNG AND LPG VEHICLE PROVIDERS WORLDWIDE
12.2.1 ASSUMPTIONS
TABLE 84 ASSUMPTIONS: BY VEHICLE TYPE
12.3 RESEARCH METHODOLOGY
12.4 LIGHT-DUTY VEHICLE
12.4.1 GROWING DEMAND FOR LOW EMISSION PASSENGER VEHICLES TO BOOST THIS SEGMENT
TABLE 85 LIGHT-DUTY VEHICLE: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 86 LIGHT-DUTY VEHICLE: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 87 NGV PASSENGER CAR MODELS IN EUROPE
TABLE 88 LIGHT COMMERCIAL VEHICLE MODELS FOR EUROPE
12.5 HEAVY-DUTY VEHICLE
12.5.1 EUROPEAN AND NORTH AMERICAN GOVERNMENTS TO ENCOURAGE CNG AND LPG FOR HEAVY-DUTY VEHICLES
TABLE 89 HEAVY-DUTY VEHICLE: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 90 HEAVY-DUTY VEHICLE: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 91 BUS MODELS IN EUROPE
TABLE 92 TRUCK MODELS FOR EUROPE
TABLE 93 LIGHT VEHICLES, BUSES, AND TRUCKS IN USE IN EUROPE
12.6 KEY PRIMARY INSIGHTS
FIGURE 51 KEY PRIMARY INSIGHTS
13 CNG AND LPG VEHICLE MARKET, BY REGION
13.1 INTRODUCTION
FIGURE 52 ASIA OCEANIA ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE
IN 2021
TABLE 94 CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 95 CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
13.2 ASIA OCEANIA
FIGURE 53 SIGNIFICANT LOWER TAX AND GOVERNMENT INCENTIVES FOR CNG AND LPG VEHICLES TO DRIVE MARKET IN ASIA OCEANIA
FIGURE 54 ASIA OCEANIA: CNG AND LPG VEHICLE MARKET SNAPSHOT
TABLE 96 ASIA OCEANIA: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
TABLE 97 ASIA OCEANIA: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
13.2.1 CHINA
13.2.1.1 Gazprom-China deal expected to boost demand
TABLE 98 CHINA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 99 CHINA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.2.2 INDIA
13.2.2.1 Vehicle Scrappage Policy and Green Tax for High Emission Vehicles in India
TABLE 100 INDIA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 101 INDIA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.2.3 JAPAN
13.2.3.1 Stringent emission standards to lead to CNG and LPG vehicle market growth
TABLE 102 JAPAN: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 103 JAPAN: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.2.4 SOUTH KOREA
13.2.4.1 OEMs to work with government to build required infrastructure for CNG and LPG vehicles
TABLE 104 SOUTH KOREA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 105 SOUTH KOREA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.2.5 INDONESIA
13.2.5.1 Government schemes and subsidies to improve CNG and LPG vehicle market
TABLE 106 INDONESIA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 107 INDONESIA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.2.6 THAILAND
13.2.6.1 OEMs to work with government to build required CNG and LPG vehicles infrastructure
TABLE 108 THAILAND: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 109 THAILAND: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3 EUROPE
FIGURE 55 EUROPE: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2021-2026 (THOUSAND UNITS)
TABLE 110 EUROPE: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
TABLE 111 EUROPE: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
13.3.1 TURKEY
13.3.1.1 Government measures and policies to increase demand for LPG vehicles
TABLE 112 TURKEY: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 113 TURKEY: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3.2 ITALY
13.3.2.1 Major OEMs and aftermarket kit companies to develop CNG and LPG vehicle market
TABLE 114 ITALY: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 115 ITALY: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3.3 RUSSIA
13.3.3.1 High adoption of CNG and LPG vehicles expected due to favorable government policies
TABLE 116 RUSSIA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, POINT, 2018–2020 (THOUSAND UNITS)
TABLE 117 RUSSIA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3.4 SPAIN
13.3.4.1 Government and OEMs working together for growth of CNG and LPG vehicle market
TABLE 118 SPAIN: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 119 SPAIN: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3.5 GERMANY
13.3.5.1 Growing demand for alternative fuel vehicles to grow CNG and LPG vehicle market
TABLE 120 GERMANY: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 121 GERMANY: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3.6 FRANCE
13.3.6.1 Government initiatives to boost CNG and LPG vehicle market
TABLE 122 FRANCE: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 123 FRANCE: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3.7 UK
13.3.7.1 Government initiatives to boost CNG and LPG vehicle market in short term
TABLE 124 UK: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 125 UK: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.4 NORTH AMERICA
FIGURE 56 NORTH AMERICA: CNG AND LPG VEHICLE MARKET SNAPSHOT
TABLE 126 NORTH AMERICA: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
TABLE 127 NORTH AMERICA: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
13.4.1 CANADA
13.4.1.1 Government support for CNG and LPG infrastructure to boost demand
TABLE 128 CANADA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 129 CANADA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.4.2 US
13.4.2.1 Inclination towards innovation, technology, and development of safe and comfortable automobiles to boost demand
TABLE 130 US: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 131 US: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.4.3 MEXICO
13.4.3.1 Favorable government regulations to boost demand
TABLE 132 MEXICO: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 133 MEXICO: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.5 REST OF THE WORLD
FIGURE 57 REST OF THE WORLD CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2021 VS 2026
TABLE 134 REST OF THE WORLD: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
TABLE 135 REST OF THE WORLD: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
13.5.1 BRAZIL
13.5.1.1 Government support for CNG infrastructure to boost demand
TABLE 136 BRAZIL: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 137 BRAZIL: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.5.2 SOUTH AFRICA
13.5.2.1 Government policies and participation of OEMs to boost demand
TABLE 138 SOUTH AFRICA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 139 SOUTH AFRICA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.5.3 ARGENTINA
13.5.3.1 Favorable government regulations to boost demand
TABLE 140 ARGENTINA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 141 ARGENTINA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.5.4 IRAN
13.5.4.1 High demand to boost CNG vehicle market
TABLE 142 IRAN: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 143 IRAN: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
14 COMPETITIVE LANDSCAPE
14.1 MARKET EVALUATION FRAMEWORK
FIGURE 58 MARKET EVALUATION FRAMEWORK
14.2 OVERVIEW
FIGURE 59 RIGHTS TO WIN - DETAILS ON KEY DEVELOPMENTS BY LEADING PLAYERS
14.3 MARKET SHARE ANALYSIS FOR CNG AND LPG VEHICLE MARKET
TABLE 144 MARKET SHARE ANALYSIS FOR OE MARKET, 2020
FIGURE 60 MARKET SHARE ANALYSIS FOR OE, 2020
14.4 MARKET EVALUATION FRAMEWORK: REVENUE ANALYSIS OF TOP LISTED/
PUBLIC PLAYERS
FIGURE 61 TOP PUBLIC/LISTED PLAYERS DOMINATING CNG AND LPG VEHICLE MARKET IN LAST 5 YEARS
14.5 MARKET RANKING ANALYSIS FOR CNG AND LPG VEHICLE MARKET
FIGURE 62 MARKET RANKING ANALYSIS, 2020
14.6 COMPETITIVE SCENARIO
14.6.1 NEW PRODUCT LAUNCHES
TABLE 145 PRODUCT LAUNCHES, 2017–2020
14.6.2 DEALS
TABLE 146 DEALS, 2017–2020
14.6.3 EXPANSIONS, 2017–2020
TABLE 147 EXPANSIONS, 2017–2020
14.7 COMPETITIVE LEADERSHIP MAPPING FOR CNG AND LPG VEHICLE MARKET
14.7.1 STARS
14.7.2 EMERGING LEADERS
14.7.3 PERVASIVE
14.7.4 PARTICIPANTS
FIGURE 63 CNG AND LPG VEHICLE MARKET: COMPETITIVE LEADERSHIP MAPPING FOR VEHICLE MANUFACTURERS, 2020
TABLE 148 CNG AND LPG VEHICLE MARKET: COMPANY PRODUCT FOOTPRINT, 2020
TABLE 149 CNG AND LPG VEHICLE MARKET: COMPANY APPLICATION FOOTPRINT , 2020
TABLE 150 CNG AND LPG VEHICLE MARKET: COMPANY REGION FOOTPRINT, 2020
FIGURE 64 CNG AND LPG VEHICLE MARKET: COMPETITIVE LEADERSHIP MAPPING FOR CNG/LPG PARTS/KIT MANUFACTURERS, 2020
14.8 WINNERS VS. TAIL-ENDERS
TABLE 151 WINNERS VS. TAIL-ENDERS
15 COMPANY PROFILES
15.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
15.1.1 FORD MOTOR COMPANY
TABLE 152 FORD MOTOR COMPANY: BUSINESS OVERVIEW
FIGURE 65 FORD MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 153 FORD MOTOR COMPANY: PRODUCTS OFFERED
TABLE 154 FORD MOTOR COMPANY: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 155 FORD MOTOR COMPANY: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.2 SUZUKI MOTOR CORPORATION
TABLE 156 SUZUKI MOTOR CORPORATION: BUSINESS OVERVIEW
FIGURE 66 SUZUKI MOTOR CORPORATION: COMPANY SNAPSHOT
TABLE 157 SUZUKI MOTOR CORPORATION: PRODUCTS OFFERED
TABLE 158 SUZUKI MOTOR CORPORATION: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 159 SUZUKI MOTOR CORPORATION: PARTNERSHIPS/COLLABORATIONS/ JOINT VENTURES/SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.3 HONDA MOTOR COMPANY
TABLE 160 HONDA MOTOR COMPANY: BUSINESS OVERVIEW
FIGURE 67 HONDA MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 161 HONDA MOTOR COMPANY: PRODUCTS OFFERED
TABLE 162 HONDA MOTOR COMPANY: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 163 HONDA MOTOR COMPANY: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.4 HYUNDAI MOTOR GROUP
TABLE 164 HYUNDAI MOTOR GROUP: BUSINESS OVERVIEW
FIGURE 68 HYUNDAI MOTOR GROUP: COMPANY SNAPSHOT
TABLE 165 HYUNDAI MOTOR GROUP: PRODUCTS OFFERED
TABLE 166 HYUNDAI MOTOR GROUP: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 167 HYUNDAI MOTOR GROUP: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.5 VOLKSWAGEN AG
TABLE 168 VOLKSWAGEN AG: BUSINESS OVERVIEW
FIGURE 69 VOLKSWAGEN AG: COMPANY SNAPSHOT
TABLE 169 VOLKSWAGEN AG: PRODUCTS OFFERED
TABLE 170 VOLKSWAGEN AG: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 171 VOLKSWAGEN AG: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
FIGURE 70 VOLKSWAGEN AG: BRAND REVENUE DISTRIBUTION
15.1.6 FIAT CHRYSLER AUTOMOBILES
TABLE 172 FIAT CHRYSLER AUTOMOBILES: BUSINESS OVERVIEW
FIGURE 71 FIAT CHRYSLER AUTOMOBILES: COMPANY SNAPSHOT
TABLE 173 FIAT CHRYSLER AUTOMOBILES: PRODUCTS OFFERED
TABLE 174 FIAT CHRYSLER AUTOMOBILES: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 175 FIAT CHRYSLER AUTOMOBILES: PARTNERSHIPS/COLLABORATIONS/ JOINT VENTURES/SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.7 GENERAL MOTORS
TABLE 176 GENERAL MOTORS: BUSINESS OVERVIEW
FIGURE 72 GENERAL MOTORS: COMPANY SNAPSHOT
TABLE 177 GENERAL MOTORS: PRODUCTS OFFERED
TABLE 178 GENERAL MOTORS: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 179 GENERAL MOTORS: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.8 LANDI RENZO S.P.A.
TABLE 180 LANDI RENZO: BUSINESS OVERVIEW
FIGURE 73 LANDI RENZO S.P.A.: COMPANY SNAPSHOT
TABLE 181 LANDI RENZO S.P.A.: PRODUCTS OFFERED
TABLE 182 LANDI RENZO S.P.A.: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.9 TOMASETTO ACHILLE
TABLE 183 TOMASETTO ACHILLE: BUSINESS OVERVIEW
TABLE 184 TOMASETTO ACHILLE: PRODUCTS OFFERED
TABLE 185 TOMASETTO ACHILLE: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.10 WESTPORT FUEL SYSTEMS
TABLE 186 WESTPORT FUEL SYSTEMS: BUSINESS OVERVIEW
FIGURE 74 WESTPORT FUEL SYSTEMS: COMPANY SNAPSHOT
TABLE 187 WESTPORT FUEL SYSTEMS: PRODUCTS OFFERED
TABLE 188 WESTPORT FUEL SYSTEMS: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 189 WESTPORT FUEL SYSTEMS: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.11 TOYOTA MOTOR CORPORATION
TABLE 190 TOYOTA MOTOR CORPORATION: BUSINESS OVERVIEW
FIGURE 75 TOYOTA MOTOR CORPORATION: COMPANY SNAPSHOT
TABLE 191 TOYOTA MOTOR CORPORATION: PRODUCTS OFFERED
TABLE 192 TOYOTA MOTOR CORPORATION: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 193 TOYOTA MOTOR CORPORATION: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.12 TATA MOTORS LIMITED
TABLE 194 TATA MOTORS LIMITED: BUSINESS OVERVIEW
FIGURE 76 TATA MOTORS LIMITED: COMPANY SNAPSHOT
TABLE 195 TATA MOTORS LIMITED PRODUCTS OFFERED
TABLE 196 TATA MOTORS LIMITED: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 197 TATA MOTORS LIMITED: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
15.2 OTHER PLAYERS
15.2.1 GREAT WALL MOTORS
15.2.2 GUANGZHOU AUTOMOBILE INDUSTRY GROUP
15.2.3 SAIC MOTOR CORPORATION
15.2.4 FAW GROUP
15.2.5 BAIC GROUP
15.2.6 DONGFENG MOTOR GROUP
15.2.7 MAHINDRA & MAHINDRA
15.2.8 EICHER MOTORS
15.2.9 BAJAJ GROUP
15.2.10 MAZDA MOTOR CORPORATION
15.2.11 MITSUBISHI MOTORS
15.2.12 NISSAN MOTOR COMPANY
15.2.13 SUBARU CORPORATION
15.2.14 DONGXU
15.2.15 NIKKI CO., LTD.
15.2.16 DAIMLER AG
15.2.17 RENAULT
15.2.18 AB VOLVO
15.2.19 PSA GROUP
15.2.20 CNH INDUSTRIAL NV
15.2.21 AC SPOLKA
15.2.22 KION GROUP
15.2.23 ATIKER GROUP
15.2.24 DEERE AND COMPANY
15.2.25 PACCAR
15.2.26 AGILITY FUEL SOLUTIONS
15.2.27 CUMMINS
15.2.28 QUANTUM FUEL SYSTEMS
15.2.29 AGRALE
15.2.30 MACROPOLO SA
15.2.31 IRAN KHODRO
15.2.32 SAIPA
15.2.33 IGT MOTORS
16 RECOMMENDATIONS BY MARKETSANDMARKETS
16.1 BI-FUEL SYSTEM, PASSENGER CAR, AND LIGHT COMMERCIAL VEHICLE ARE THE SEGMENTS FOR MANUFACTURERS/SUPPLIERS TO FOCUS ON
16.2 EMERGING MARKETS CAN BE A KEY FOCUS AREA FOR CNG AND LPG VEHICLE MANUFACTURERS
16.3 CONCLUSION
17 APPENDIX
17.1 KEY INSIGHTS OF INDUSTRY EXPERTS
17.2 DISCUSSION GUIDE
17.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
17.4 AVAILABLE CUSTOMIZATIONS
17.5 RELATED REPORTS
17.6 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITIONS
1.3 INCLUSIONS & EXCLUSIONS
TABLE 1 INCLUSIONS & EXCLUSIONS FOR CNG AND LPG VEHICLE MARKET
1.4 MARKET SCOPE
FIGURE 1 CNG AND LPG VEHICLE MARKET SEGMENTATION
1.4.1 YEARS CONSIDERED FOR THE STUDY
1.5 PACKAGE SIZE
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 CNG AND LPG VEHICLE MARKET: RESEARCH DESIGN
FIGURE 3 RESEARCH METHODOLOGY MODEL
2.2 SECONDARY DATA
2.2.1 KEY SECONDARY SOURCES
2.2.2 KEY DATA FROM SECONDARY SOURCES
2.3 PRIMARY DATA
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS
2.3.2 PRIMARY PARTICIPANTS
2.4 MARKET ESTIMATION METHODOLOGY
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.5 MARKET SIZE ESTIMATION
2.5.1 BOTTOM-UP APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY FOR CNG AND LPG VEHICLE MARKET: BOTTOM-UP APPROACH
2.5.2 TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY FOR CNG AND LPG VEHICLE MARKET: TOP-DOWN APPROACH
2.5.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDE
2.6 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.7 FACTOR ANALYSIS
2.8 RESEARCH ASSUMPTIONS & LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 9 CNG AND LPG VEHICLE MARKET: MARKET DYNAMICS
FIGURE 10 CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (UNITS)
FIGURE 11 HEAVY-DUTY VEHICLE SEGMENT EXPECTED TO REGISTER HIGHER CAGR THAN LIGHT-DUTY VEHICLE SEGMENT DURING FORECAST PERIOD
FIGURE 12 COVID-19 IMPACT ON CNG AND LPG VEHICLE MARKET, 2018–2026
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN CNG AND LPG VEHICLE MARKET
FIGURE 13 INCREASING DEMAND FOR EFFICIENT & LOW EMISSION COMMUTING TO DRIVE MARKET
4.2 CNG AND LPG VEHICLE MARKET, BY REGION
FIGURE 14 ASIA OCEANIA ESTIMATED TO BE LARGEST MARKET IN 2021
4.3 CNG AND LPG VEHICLE MARKET, BY FUEL TYPE
FIGURE 15 LPG SEGMENT EXPECTED TO REGISTER HIGHER CAGR THAN CNG SEGMENT DURING FORECAST PERIOD
4.4 CNG AND LPG VEHICLE MARKET, BY VEHICLE BODY TYPE
FIGURE 16 COMMERCIAL VEHICLE SEGMENT EXPECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.5 CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE
FIGURE 17 HEAVY-DUTY VEHICLE SEGMENT EXPECTED TO REGISTER HIGHER CAGR THAN LIGHT-DUTY VEHICLE SEGMENT DURING FORECAST PERIOD
4.6 CNG AND LPG VEHICLE MARKET, BY FITTING TYPE
FIGURE 18 OEM/FACTORY-FITTED SEGMENT EXPECTED TO HIGHER CAGR THAN AFTERMARKET SEGMENT DURING FORECAST PERIOD
4.7 CNG AND LPG VEHICLE MARKET, BY KIT TYPE
FIGURE 19 SEQUENTIAL SEGMENT EXPECTED TO REGISTER HIGHER CAGR THAN VENTURI SEGMENT DURING FORECAST PERIOD
4.8 CNG AND LPG VEHICLE MARKET, BY ENGINE SYSTEM TYPE
FIGURE 20 DEDICATED FUEL SEGMENT EXPECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.9 CNG AND LPG VEHICLE MARKET, BY INTAKE SYSTEM TYPE
FIGURE 21 LIQUID PHASE DIRECT INJECTION (LPDI) SEGMENT EXPECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 22 CNG AND LPG VEHICLE MARKET: MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Significant increase in vehicle production and sales globally
FIGURE 23 GLOBAL VEHICLE SALES, 2010–2019 (MILLION UNITS)
5.2.1.2 Lower operational cost compared to petroleum vehicles
TABLE 2 US: NATIONAL AVERAGE RETAIL FUEL PRICES OF CONVENTIONAL AND ALTERNATIVE FUELS
FIGURE 24 LNG & GAS PRICING
5.2.1.3 Rising petrol prices in the international market
TABLE 3 US: PETROL AVERAGE PRICING TREND OVER THE PAST FEW YEARS
5.2.2 RESTRAINTS
5.2.2.1 Higher maintenance and initial vehicle costs compared to petroleum vehicles
5.2.2.2 Less CNG and LPG fuel availability in many regions
TABLE 4 CNG, LPG, AND LNG STATIONS WORLDWIDE
5.2.3 OPPORTUNITIES
5.2.3.1 Rising concerns worldwide about vehicle emissions
FIGURE 25 WORLDWIDE EMISSIONS DATA, 2019
5.2.3.2 Availability of dual fuel options in vehicles
TABLE 5 TOP SELLING CNG OR LPG VEHICLE MODELS WORLDWIDE
5.2.4 CHALLENGES
5.2.4.1 Improper drainage causing cylinder damage
5.2.4.2 Improper protection of exhaust and other heat-producing components
TABLE 6 CNG AND LPG VEHICLE MARKET: IMPACT OF MARKET DYNAMICS
5.3 PORTER’S FIVE FORCES
FIGURE 26 PORTER’S FIVE FORCES: CNG AND LPG VEHICLE MARKET
5.3.1 THREAT OF SUBSTITUTES
5.3.2 THREAT OF NEW ENTRANTS
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 RIVALRY AMONG EXISTING COMPETITORS
TABLE 7 CNG AND LPG VEHICLE MARKET: IMPACT OF PORTER’S 5 FORCES
5.4 CNG AND LPG VEHICLE MARKET ECOSYSTEM
FIGURE 27 CNG AND LPG VEHICLE MARKET: ECOSYSTEM ANALYSIS
TABLE 8 CNG AND LPG VEHICLE MARKET: ROLE OF COMPANIES IN ECOSYSTEM
5.5 SUPPLY CHAIN ANALYSIS
FIGURE 28 SUPPLY CHAIN ANALYSIS: CNG AND LPG VEHICLE MARKET
5.5.1 CNG AND LPG PROVIDERS
5.5.2 TIER I SUPPLIERS
5.5.3 OEMS
5.5.4 END USERS
5.6 AVERAGE SELLING PRICE TREND
TABLE 9 CNG AND LPG VEHICLE MARKET: PRICE RANGE ANALYSIS FOR CNG PASSENGER VEHICLE SEGMENT, 2020 (USD)
FIGURE 29 PRICING ANALYSIS OF PASSENGER VEHICLES ACROSS VARIOUS REGIONS, 2020 (USD)
5.7 TECHNOLOGY ANALYSIS
5.7.1 BI-FUEL VEHICLES
FIGURE 30 PARTS OF BI-FUEL VEHICLE TRANSMISSION SYSTEM
5.7.2 IOT IN ALTERNATIVE FUEL VEHICLES
5.7.3 3D PRINTING TECHNOLOGY
5.7.4 CONNECTED VEHICLES
5.8 PATENT ANALYSIS
5.9 CASE STUDY
5.9.1 A CASE STUDY ON USING NATURAL GAS FOR REGIONAL TRANSPORT TRUCKS
5.10 REGULATORY OVERVIEW
5.10.1 US
TABLE 10 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN US
5.10.2 CHINA
TABLE 11 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN CHINA
5.10.3 INDIA
TABLE 12 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN INDIA
5.10.4 JAPAN
TABLE 13 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN JAPAN
5.10.5 SOUTH KOREA
TABLE 14 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN SOUTH KOREA
5.10.6 IRAN
TABLE 15 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN IRAN
5.10.7 ITALY
TABLE 16 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN ITALY
5.10.8 GERMANY
TABLE 17 EXISTING REGULATIONS, SUBSIDIES, AND TAX STRUCTURE IN GERMANY
5.11 COVID-19 IMPACT ANALYSIS
5.11.1 INTRODUCTION TO COVID-19
5.11.2 COVID-19 HEALTH ASSESSMENT
5.12 COVID-19 ECONOMIC ASSESSMENT
5.12.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
5.12.2 COVID-19 IMPACT ON AUTOMOTIVE INDUSTRY
5.12.3 OEM ANNOUNCEMENTS
TABLE 18 OEM ANNOUNCEMENTS
5.12.4 IMPACT ON AUTOMOTIVE PRODUCTION
5.13 CNG AND LPG VEHICLE MARKET, SCENARIOS (2020–2025)
FIGURE 36 CNG AND LPG VEHICLE MARKET – FUTURE TRENDS & SCENARIO, 2020–2026 (THOUSAND UNITS)
5.13.1 MOST LIKELY SCENARIO
TABLE 19 MOST LIKELY SCENARIO, BY REGION, 2021–2026 (THOUSAND UNITS)
5.13.2 OPTIMISTIC SCENARIO
TABLE 20 OPTIMISTIC SCENARIO, BY REGION, 2021–2026 (THOUSAND UNITS)
5.13.3 PESSIMISTIC SCENARIO
TABLE 21 PESSIMISTIC SCENARIO, BY REGION, 2021–2026 (THOUSAND UNITS)
6 CNG AND LPG VEHICLE MARKET, BY ENGINE/SYSTEM TYPE
6.1 INTRODUCTION
FIGURE 37 DEDICATED FUEL SEGMENT EXPECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 22 CNG AND LPG VEHICLE MARKET, BY ENGINE/SYSTEM TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 23 CNG AND LPG VEHICLE MARKET, BY ENGINE/SYSTEM TYPE, 2021–2026 (THOUSAND UNITS)
6.2 OPERATIONAL DATA
TABLE 24 POPULAR CNG AND LPG OEMS AND KIT PROVIDERS GLOBALLY
6.2.1 ASSUMPTIONS
TABLE 25 ASSUMPTIONS: BY ENGINE/SYSTEM TYPE
6.3 RESEARCH METHODOLOGY
6.4 DEDICATED FUEL
6.4.1 GOVERNMENT INCENTIVES TO DRIVE ADOPTION OF DEDICATED FUEL SYSTEM VEHICLES
TABLE 26 DEDICATED FUEL: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 27 DEDICATED FUEL: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
6.5 BI-FUEL
6.5.1 EASY FUEL SWITCHING TO ENCOURAGE BI-FUEL SYSTEM VEHICLES GROWTH
TABLE 28 BI-FUEL: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 29 BI-FUEL: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
6.6 DUAL FUEL
6.6.1 FAVORABLE GOVERNMENT POLICIES TO INCREASE GROWTH OF DUAL FUEL VEHICLE SEGMENT
TABLE 30 DUAL FUEL: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 31 DUAL FUEL: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
6.7 KEY PRIMARY INSIGHTS
FIGURE 38 KEY PRIMARY INSIGHTS
7 CNG AND LPG VEHICLE MARKET, BY FITTING TYPE
7.1 INTRODUCTION
FIGURE 39 OEM/FACTORY-FITTED SEGMENT EXPECTED TO REGISTER HIGHER CAGR THAN AFTERMARKET SEGMENT DURING FORECAST PERIOD
TABLE 32 CNG AND LPG VEHICLE MARKET, BY FITTING TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 33 CNG AND LPG VEHICLE MARKET, BY FITTING TYPE, 2021–2026 (THOUSAND UNITS)
7.2 OPERATIONAL DATA
TABLE 34 POPULAR CNG AND LPG OEMS AND KIT PROVIDERS WORLDWIDE
7.2.1 ASSUMPTIONS
TABLE 35 ASSUMPTIONS: BY FITTING TYPE
7.3 RESEARCH METHODOLOGY
7.4 OEM-FITTED/FACTORY-FITTED
TABLE 36 TOP OEM/FACTORY-FITTED VEHICLE MODELS SOLD IN ASIA
7.4.1 OEM/FACTORY-FITTED VEHICLES TO GROW FASTER DUE TO GROWING DEMAND OF GREEN VEHICLES
TABLE 37 OEM/FACTORY-FITTED: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 38 OEM/FACTORY FITTED: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
7.5 AFTERMARKET
7.5.1 GOVERNMENT REGULATIONS TO BENEFIT AFTERMARKET CONVERSIONS ACROSS VARIOUS COUNTRIES
TABLE 39 AFTERMARKET: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 40 AFTERMARKET: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
7.6 KEY PRIMARY INSIGHTS
FIGURE 40 KEY PRIMARY INSIGHTS
8 CNG AND LPG VEHICLE MARKET, BY FUEL TYPE
8.1 INTRODUCTION
FIGURE 41 PETROL VS AUTOGAS (LPG)
FIGURE 42 BY FUEL TYPE, LPG SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2021–2026)
TABLE 41 CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 42 CNG AND LPG VEHICLE MARKET, BY FUEL TYPE, 2021–2026 (THOUSAND UNITS)
8.2 OPERATIONAL DATA
TABLE 43 CNG & LNG STATIONS IN EUROPE
8.2.1 ASSUMPTIONS
TABLE 44 ASSUMPTIONS: BY FUEL TYPE
8.3 RESEARCH METHODOLOGY
8.4 CNG
TABLE 45 COMPETITIVENESS OF AUTOGAS AGAINST COMPRESSED NATURAL
GAS (CNG)
8.4.1 LOW COST OF OPERATIONS TO DRIVE CNG VEHICLE MARKET
TABLE 46 CNG: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 47 CNG: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
8.5 LPG
TABLE 48 AUTOGAS MARKET DATA (LPG DATA)
8.5.1 EUROPE AND NORTH AMERICA TO ENCOURAGE AUTOGAS ADOPTION
TABLE 49 LPG: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 50 LPG: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
8.6 KEY PRIMARY INSIGHTS
FIGURE 43 KEY PRIMARY INSIGHTS
9 CNG AND LPG VEHICLE MARKET, BY INTAKE SYSTEM TYPE (LPG VEHICLES)
9.1 INTRODUCTION
FIGURE 44 LPDI SYSTEM SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD (2021–2026)
TABLE 51 CNG AND LPG VEHICLE MARKET, BY INTAKE SYSTEM TYPE (LPG), 2018–2020 (THOUSAND UNITS)
TABLE 52 CNG AND LPG VEHICLE MARKET, BY INTAKE SYSTEM TYPE (LPG), 2021–2026 (THOUSAND UNITS)
9.2 OPERATIONAL DATA
TABLE 53 POPULAR CNG AND LPG OEMS AND KIT PROVIDERS WORLDWIDE
9.2.1 ASSUMPTIONS
TABLE 54 ASSUMPTIONS: BY INTAKE SYSTEM TYPE (LPG VEHICLES)
9.3 RESEARCH METHODOLOGY
9.4 CONVERTER-MIXER SYSTEM
9.4.1 LOW COST OF CONVERSION TO BOOST MARKET
TABLE 55 CONVERTER-MIXER SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 56 CONVERTER-MIXER SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
9.5 VAPOR PHASE INJECTION (VPI) SYSTEM
9.5.1 EUROPE TO BE LARGEST MARKET FOR VAPOR PHASE INJECTION (VPI) SYSTEM
TABLE 57 VPI SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 58 VPI SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
9.6 LIQUID PHASE INJECTION (LPI) SYSTEM
9.6.1 HIGHER FUEL EFFICIENCY AND BETTER EMISSION CONTROL TO INCREASE MARKET
TABLE 59 LPI SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 60 LPI SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
9.7 LIQUID PHASE DIRECT INJECTION (LPDI) SYSTEM
9.7.1 LOWEST OPERATIONAL COST TO INCREASE MARKET
TABLE 61 LPDI SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 62 LPDI SYSTEM: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
9.8 KEY PRIMARY INSIGHTS
FIGURE 45 KEY PRIMARY INSIGHTS
10 CNG AND LPG VEHICLE MARKET, BY KIT TYPE
10.1 INTRODUCTION
FIGURE 46 BY KIT TYPE, SEQUENTIAL SEGMENT EXPECTED TO REGISTER HIGHER CAGR THAN VENTURI SEGMENT DURING FORECAST PERIOD
TABLE 63 CNG AND LPG VEHICLE MARKET, BY KIT TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 64 CNG AND LPG VEHICLE MARKET, BY KIT TYPE, 2021–2026 (THOUSAND UNITS)
10.2 OPERATIONAL DATA
TABLE 65 POPULAR CNG AND LPG KIT PROVIDERS WORLDWIDE
10.2.1 ASSUMPTIONS
TABLE 66 ASSUMPTIONS: BY KIT TYPE
10.3 RESEARCH METHODOLOGY
10.4 VENTURI
10.4.1 LOW COST OF CONVERSIONS AND LOWER OPERATING COST TO DRIVE CNG AND LPG KIT MARKET
TABLE 67 VENTURI: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 68 VENTURI: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
10.5 SEQUENTIAL
10.5.1 HIGHER FUEL ECONOMY TO INCREASE DEMAND FOR SEQUENTIAL KITS
TABLE 69 SEQUENTIAL: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 70 SEQUENTIAL: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
10.6 KEY PRIMARY INSIGHTS
FIGURE 47 KEY PRIMARY INSIGHTS
11 CNG AND LPG VEHICLE MARKET, BY VEHICLE BODY TYPE
11.1 INTRODUCTION
FIGURE 48 COMMERCIAL VEHICLE SEGMENT EXPECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 71 CNG AND LPG VEHICLE MARKET, BY VEHICLE BODY TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 72 CNG AND LPG VEHICLE MARKET, BY VEHICLE BODY TYPE, 2021–2026 (THOUSAND UNITS)
11.2 OPERATIONAL DATA
TABLE 73 POPULAR CNG AND LPG VEHICLE PROVIDERS GLOBALLY
11.2.1 ASSUMPTIONS
TABLE 74 ASSUMPTIONS: BY VEHICLE BODY TYPE
11.3 RESEARCH METHODOLOGY
11.4 PASSENGER CAR
11.4.1 GROWING DEMAND FOR LOW EMISSION AND LOW OPERATIONAL COST FUELS
TABLE 75 PASSENGER CAR: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 76 PASSENGER CAR: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
11.5 COMMERCIAL VEHICLE
11.5.1 EUROPE AND NORTH AMERICA TO ENCOURAGE CNG AND LPG FOR COMMERCIAL VEHICLES
TABLE 77 COMMERCIAL VEHICLE: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 78 COMMERCIAL VEHICLE: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
11.6 THREE-WHEELER
11.6.1 ASIA OCEANIA IS THE LARGEST CNG AND LPG THREE-WHEELER MARKET
TABLE 79 THREE-WHEELER: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 80 THREE-WHEELER: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
11.7 KEY PRIMARY INSIGHTS
FIGURE 49 KEY PRIMARY INSIGHTS
12 CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE
12.1 INTRODUCTION
FIGURE 50 HEAVY-DUTY VEHICLE SEGMENT PROJECTED TO REGISTER HIGHER CAGR THAN LIGHT-DUTY VEHICLE SEGMENT DURING FORECAST PERIOD
TABLE 81 CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 82 CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
12.2 OPERATIONAL DATA
TABLE 83 POPULAR CNG AND LPG VEHICLE PROVIDERS WORLDWIDE
12.2.1 ASSUMPTIONS
TABLE 84 ASSUMPTIONS: BY VEHICLE TYPE
12.3 RESEARCH METHODOLOGY
12.4 LIGHT-DUTY VEHICLE
12.4.1 GROWING DEMAND FOR LOW EMISSION PASSENGER VEHICLES TO BOOST THIS SEGMENT
TABLE 85 LIGHT-DUTY VEHICLE: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 86 LIGHT-DUTY VEHICLE: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 87 NGV PASSENGER CAR MODELS IN EUROPE
TABLE 88 LIGHT COMMERCIAL VEHICLE MODELS FOR EUROPE
12.5 HEAVY-DUTY VEHICLE
12.5.1 EUROPEAN AND NORTH AMERICAN GOVERNMENTS TO ENCOURAGE CNG AND LPG FOR HEAVY-DUTY VEHICLES
TABLE 89 HEAVY-DUTY VEHICLE: CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 90 HEAVY-DUTY VEHICLE: CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 91 BUS MODELS IN EUROPE
TABLE 92 TRUCK MODELS FOR EUROPE
TABLE 93 LIGHT VEHICLES, BUSES, AND TRUCKS IN USE IN EUROPE
12.6 KEY PRIMARY INSIGHTS
FIGURE 51 KEY PRIMARY INSIGHTS
13 CNG AND LPG VEHICLE MARKET, BY REGION
13.1 INTRODUCTION
FIGURE 52 ASIA OCEANIA ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE
IN 2021
TABLE 94 CNG AND LPG VEHICLE MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
TABLE 95 CNG AND LPG VEHICLE MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
13.2 ASIA OCEANIA
FIGURE 53 SIGNIFICANT LOWER TAX AND GOVERNMENT INCENTIVES FOR CNG AND LPG VEHICLES TO DRIVE MARKET IN ASIA OCEANIA
FIGURE 54 ASIA OCEANIA: CNG AND LPG VEHICLE MARKET SNAPSHOT
TABLE 96 ASIA OCEANIA: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
TABLE 97 ASIA OCEANIA: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
13.2.1 CHINA
13.2.1.1 Gazprom-China deal expected to boost demand
TABLE 98 CHINA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 99 CHINA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.2.2 INDIA
13.2.2.1 Vehicle Scrappage Policy and Green Tax for High Emission Vehicles in India
TABLE 100 INDIA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 101 INDIA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.2.3 JAPAN
13.2.3.1 Stringent emission standards to lead to CNG and LPG vehicle market growth
TABLE 102 JAPAN: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 103 JAPAN: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.2.4 SOUTH KOREA
13.2.4.1 OEMs to work with government to build required infrastructure for CNG and LPG vehicles
TABLE 104 SOUTH KOREA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 105 SOUTH KOREA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.2.5 INDONESIA
13.2.5.1 Government schemes and subsidies to improve CNG and LPG vehicle market
TABLE 106 INDONESIA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 107 INDONESIA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.2.6 THAILAND
13.2.6.1 OEMs to work with government to build required CNG and LPG vehicles infrastructure
TABLE 108 THAILAND: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 109 THAILAND: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3 EUROPE
FIGURE 55 EUROPE: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2021-2026 (THOUSAND UNITS)
TABLE 110 EUROPE: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
TABLE 111 EUROPE: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
13.3.1 TURKEY
13.3.1.1 Government measures and policies to increase demand for LPG vehicles
TABLE 112 TURKEY: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 113 TURKEY: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3.2 ITALY
13.3.2.1 Major OEMs and aftermarket kit companies to develop CNG and LPG vehicle market
TABLE 114 ITALY: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 115 ITALY: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3.3 RUSSIA
13.3.3.1 High adoption of CNG and LPG vehicles expected due to favorable government policies
TABLE 116 RUSSIA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, POINT, 2018–2020 (THOUSAND UNITS)
TABLE 117 RUSSIA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3.4 SPAIN
13.3.4.1 Government and OEMs working together for growth of CNG and LPG vehicle market
TABLE 118 SPAIN: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 119 SPAIN: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3.5 GERMANY
13.3.5.1 Growing demand for alternative fuel vehicles to grow CNG and LPG vehicle market
TABLE 120 GERMANY: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 121 GERMANY: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3.6 FRANCE
13.3.6.1 Government initiatives to boost CNG and LPG vehicle market
TABLE 122 FRANCE: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 123 FRANCE: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.3.7 UK
13.3.7.1 Government initiatives to boost CNG and LPG vehicle market in short term
TABLE 124 UK: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 125 UK: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.4 NORTH AMERICA
FIGURE 56 NORTH AMERICA: CNG AND LPG VEHICLE MARKET SNAPSHOT
TABLE 126 NORTH AMERICA: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
TABLE 127 NORTH AMERICA: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
13.4.1 CANADA
13.4.1.1 Government support for CNG and LPG infrastructure to boost demand
TABLE 128 CANADA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 129 CANADA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.4.2 US
13.4.2.1 Inclination towards innovation, technology, and development of safe and comfortable automobiles to boost demand
TABLE 130 US: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 131 US: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.4.3 MEXICO
13.4.3.1 Favorable government regulations to boost demand
TABLE 132 MEXICO: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 133 MEXICO: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.5 REST OF THE WORLD
FIGURE 57 REST OF THE WORLD CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2021 VS 2026
TABLE 134 REST OF THE WORLD: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
TABLE 135 REST OF THE WORLD: CNG AND LPG VEHICLE MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
13.5.1 BRAZIL
13.5.1.1 Government support for CNG infrastructure to boost demand
TABLE 136 BRAZIL: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 137 BRAZIL: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.5.2 SOUTH AFRICA
13.5.2.1 Government policies and participation of OEMs to boost demand
TABLE 138 SOUTH AFRICA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 139 SOUTH AFRICA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.5.3 ARGENTINA
13.5.3.1 Favorable government regulations to boost demand
TABLE 140 ARGENTINA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 141 ARGENTINA: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
13.5.4 IRAN
13.5.4.1 High demand to boost CNG vehicle market
TABLE 142 IRAN: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2018–2020 (THOUSAND UNITS)
TABLE 143 IRAN: CNG AND LPG VEHICLE MARKET, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
14 COMPETITIVE LANDSCAPE
14.1 MARKET EVALUATION FRAMEWORK
FIGURE 58 MARKET EVALUATION FRAMEWORK
14.2 OVERVIEW
FIGURE 59 RIGHTS TO WIN - DETAILS ON KEY DEVELOPMENTS BY LEADING PLAYERS
14.3 MARKET SHARE ANALYSIS FOR CNG AND LPG VEHICLE MARKET
TABLE 144 MARKET SHARE ANALYSIS FOR OE MARKET, 2020
FIGURE 60 MARKET SHARE ANALYSIS FOR OE, 2020
14.4 MARKET EVALUATION FRAMEWORK: REVENUE ANALYSIS OF TOP LISTED/
PUBLIC PLAYERS
FIGURE 61 TOP PUBLIC/LISTED PLAYERS DOMINATING CNG AND LPG VEHICLE MARKET IN LAST 5 YEARS
14.5 MARKET RANKING ANALYSIS FOR CNG AND LPG VEHICLE MARKET
FIGURE 62 MARKET RANKING ANALYSIS, 2020
14.6 COMPETITIVE SCENARIO
14.6.1 NEW PRODUCT LAUNCHES
TABLE 145 PRODUCT LAUNCHES, 2017–2020
14.6.2 DEALS
TABLE 146 DEALS, 2017–2020
14.6.3 EXPANSIONS, 2017–2020
TABLE 147 EXPANSIONS, 2017–2020
14.7 COMPETITIVE LEADERSHIP MAPPING FOR CNG AND LPG VEHICLE MARKET
14.7.1 STARS
14.7.2 EMERGING LEADERS
14.7.3 PERVASIVE
14.7.4 PARTICIPANTS
FIGURE 63 CNG AND LPG VEHICLE MARKET: COMPETITIVE LEADERSHIP MAPPING FOR VEHICLE MANUFACTURERS, 2020
TABLE 148 CNG AND LPG VEHICLE MARKET: COMPANY PRODUCT FOOTPRINT, 2020
TABLE 149 CNG AND LPG VEHICLE MARKET: COMPANY APPLICATION FOOTPRINT , 2020
TABLE 150 CNG AND LPG VEHICLE MARKET: COMPANY REGION FOOTPRINT, 2020
FIGURE 64 CNG AND LPG VEHICLE MARKET: COMPETITIVE LEADERSHIP MAPPING FOR CNG/LPG PARTS/KIT MANUFACTURERS, 2020
14.8 WINNERS VS. TAIL-ENDERS
TABLE 151 WINNERS VS. TAIL-ENDERS
15 COMPANY PROFILES
15.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
15.1.1 FORD MOTOR COMPANY
TABLE 152 FORD MOTOR COMPANY: BUSINESS OVERVIEW
FIGURE 65 FORD MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 153 FORD MOTOR COMPANY: PRODUCTS OFFERED
TABLE 154 FORD MOTOR COMPANY: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 155 FORD MOTOR COMPANY: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.2 SUZUKI MOTOR CORPORATION
TABLE 156 SUZUKI MOTOR CORPORATION: BUSINESS OVERVIEW
FIGURE 66 SUZUKI MOTOR CORPORATION: COMPANY SNAPSHOT
TABLE 157 SUZUKI MOTOR CORPORATION: PRODUCTS OFFERED
TABLE 158 SUZUKI MOTOR CORPORATION: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 159 SUZUKI MOTOR CORPORATION: PARTNERSHIPS/COLLABORATIONS/ JOINT VENTURES/SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.3 HONDA MOTOR COMPANY
TABLE 160 HONDA MOTOR COMPANY: BUSINESS OVERVIEW
FIGURE 67 HONDA MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 161 HONDA MOTOR COMPANY: PRODUCTS OFFERED
TABLE 162 HONDA MOTOR COMPANY: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 163 HONDA MOTOR COMPANY: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.4 HYUNDAI MOTOR GROUP
TABLE 164 HYUNDAI MOTOR GROUP: BUSINESS OVERVIEW
FIGURE 68 HYUNDAI MOTOR GROUP: COMPANY SNAPSHOT
TABLE 165 HYUNDAI MOTOR GROUP: PRODUCTS OFFERED
TABLE 166 HYUNDAI MOTOR GROUP: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 167 HYUNDAI MOTOR GROUP: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.5 VOLKSWAGEN AG
TABLE 168 VOLKSWAGEN AG: BUSINESS OVERVIEW
FIGURE 69 VOLKSWAGEN AG: COMPANY SNAPSHOT
TABLE 169 VOLKSWAGEN AG: PRODUCTS OFFERED
TABLE 170 VOLKSWAGEN AG: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 171 VOLKSWAGEN AG: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
FIGURE 70 VOLKSWAGEN AG: BRAND REVENUE DISTRIBUTION
15.1.6 FIAT CHRYSLER AUTOMOBILES
TABLE 172 FIAT CHRYSLER AUTOMOBILES: BUSINESS OVERVIEW
FIGURE 71 FIAT CHRYSLER AUTOMOBILES: COMPANY SNAPSHOT
TABLE 173 FIAT CHRYSLER AUTOMOBILES: PRODUCTS OFFERED
TABLE 174 FIAT CHRYSLER AUTOMOBILES: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 175 FIAT CHRYSLER AUTOMOBILES: PARTNERSHIPS/COLLABORATIONS/ JOINT VENTURES/SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.7 GENERAL MOTORS
TABLE 176 GENERAL MOTORS: BUSINESS OVERVIEW
FIGURE 72 GENERAL MOTORS: COMPANY SNAPSHOT
TABLE 177 GENERAL MOTORS: PRODUCTS OFFERED
TABLE 178 GENERAL MOTORS: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 179 GENERAL MOTORS: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.8 LANDI RENZO S.P.A.
TABLE 180 LANDI RENZO: BUSINESS OVERVIEW
FIGURE 73 LANDI RENZO S.P.A.: COMPANY SNAPSHOT
TABLE 181 LANDI RENZO S.P.A.: PRODUCTS OFFERED
TABLE 182 LANDI RENZO S.P.A.: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.9 TOMASETTO ACHILLE
TABLE 183 TOMASETTO ACHILLE: BUSINESS OVERVIEW
TABLE 184 TOMASETTO ACHILLE: PRODUCTS OFFERED
TABLE 185 TOMASETTO ACHILLE: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.10 WESTPORT FUEL SYSTEMS
TABLE 186 WESTPORT FUEL SYSTEMS: BUSINESS OVERVIEW
FIGURE 74 WESTPORT FUEL SYSTEMS: COMPANY SNAPSHOT
TABLE 187 WESTPORT FUEL SYSTEMS: PRODUCTS OFFERED
TABLE 188 WESTPORT FUEL SYSTEMS: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 189 WESTPORT FUEL SYSTEMS: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.11 TOYOTA MOTOR CORPORATION
TABLE 190 TOYOTA MOTOR CORPORATION: BUSINESS OVERVIEW
FIGURE 75 TOYOTA MOTOR CORPORATION: COMPANY SNAPSHOT
TABLE 191 TOYOTA MOTOR CORPORATION: PRODUCTS OFFERED
TABLE 192 TOYOTA MOTOR CORPORATION: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 193 TOYOTA MOTOR CORPORATION: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
15.1.12 TATA MOTORS LIMITED
TABLE 194 TATA MOTORS LIMITED: BUSINESS OVERVIEW
FIGURE 76 TATA MOTORS LIMITED: COMPANY SNAPSHOT
TABLE 195 TATA MOTORS LIMITED PRODUCTS OFFERED
TABLE 196 TATA MOTORS LIMITED: NEW PRODUCT DEVELOPMENTS/EXPANSIONS
TABLE 197 TATA MOTORS LIMITED: PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/ SUPPLY CONTRACTS/AGREEMENTS/MERGERS & ACQUISITIONS
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
15.2 OTHER PLAYERS
15.2.1 GREAT WALL MOTORS
15.2.2 GUANGZHOU AUTOMOBILE INDUSTRY GROUP
15.2.3 SAIC MOTOR CORPORATION
15.2.4 FAW GROUP
15.2.5 BAIC GROUP
15.2.6 DONGFENG MOTOR GROUP
15.2.7 MAHINDRA & MAHINDRA
15.2.8 EICHER MOTORS
15.2.9 BAJAJ GROUP
15.2.10 MAZDA MOTOR CORPORATION
15.2.11 MITSUBISHI MOTORS
15.2.12 NISSAN MOTOR COMPANY
15.2.13 SUBARU CORPORATION
15.2.14 DONGXU
15.2.15 NIKKI CO., LTD.
15.2.16 DAIMLER AG
15.2.17 RENAULT
15.2.18 AB VOLVO
15.2.19 PSA GROUP
15.2.20 CNH INDUSTRIAL NV
15.2.21 AC SPOLKA
15.2.22 KION GROUP
15.2.23 ATIKER GROUP
15.2.24 DEERE AND COMPANY
15.2.25 PACCAR
15.2.26 AGILITY FUEL SOLUTIONS
15.2.27 CUMMINS
15.2.28 QUANTUM FUEL SYSTEMS
15.2.29 AGRALE
15.2.30 MACROPOLO SA
15.2.31 IRAN KHODRO
15.2.32 SAIPA
15.2.33 IGT MOTORS
16 RECOMMENDATIONS BY MARKETSANDMARKETS
16.1 BI-FUEL SYSTEM, PASSENGER CAR, AND LIGHT COMMERCIAL VEHICLE ARE THE SEGMENTS FOR MANUFACTURERS/SUPPLIERS TO FOCUS ON
16.2 EMERGING MARKETS CAN BE A KEY FOCUS AREA FOR CNG AND LPG VEHICLE MANUFACTURERS
16.3 CONCLUSION
17 APPENDIX
17.1 KEY INSIGHTS OF INDUSTRY EXPERTS
17.2 DISCUSSION GUIDE
17.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
17.4 AVAILABLE CUSTOMIZATIONS
17.5 RELATED REPORTS
17.6 AUTHOR DETAILS
The unprecedented rise and fall in gasoline and diesel prices over the last few years, driven by extensive fluctuation in the cost of crude oil and growing emission standards, have forced people to look for cost-effective and environment-friendly mobility solutions. With worldwide economic recovery underway, demand for crude oil is on the rise. However, unrest in the Middle East and North Africa has put oil supplies at risk. This combination of rising demand and reduced supply has provided an impetus to CNG & LPG vehicles.
CNG and LPG are both fossil fuels but they produce XX% to XX% less pollutants, XX% to XX% less greenhouse gases, and they cost as less as half the price of gasoline but fuelling infrastructure and range anxiety still remain a major cause of concern. Even in this uncertain scenario, there is a wide opportunity for these vehicles to become a generic application in global transportation.
Europe initiated the use of CNG& LPG in vehicles, and as of 2014 it is still the biggest market. However, over the past decade, Asia-Pacific has grown to become the largest natural gas vehicles market, led by Pakistan and India, with China surging ahead. Favorable fuel economics between oil and natural gas, national security and environmental factors, in part or in full, drove the adoption of natural gas vehicles in this region. Asia-Pacific, including China, now consumes more than XX million barrels per day of oil, for transportation purpose. For China specifically, the factors propelling the country forward in the use of gas in transportationare the much cleaner burning attributes of natural gas amid pollution problems in the country, the current favorable price of gas as compared to oil, as well as the fuel diversification factors. China is way ahead of the U.S. in the deployment of NGVs and related infrastructure.
India has always been dependent on oil imports. Given the fact that India imports as much as XX% of its crude oil requirement and petroleum prices have not been completely deregulated, the Indian economy has been very vulnerable to rising crude oil prices. Although India’s natural gas production has consistently increased, demand has already exceeded supply and the country has been a net importer of natural gas since 2004. Natural gas presently constitutes about XX% of the country’s energy basket.
