Natural Gas Vehicle Market Analysis Report 2020 to 2027
Natural Gas Vehicle Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 17.1 Billion |
Market Size by 2027 | US$ 28.81 Billion |
Global CAGR (2019 - 2027) | 6.9% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Fuel Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.
- In 2020, Agility Fuel Solutions urged the Indian automotive and fleet industry to implement long distance travel solutions with CNG. India’s Minister for Petroleum and Natural Gas launched India’s first long distance compressed natural gas (CNG) bus under a strategic program led by Indraprastha Gas Limited (IGL), the largest CNG distribution company in India.
- In 2020, PACCAR Inc. has been honored as a global leader in environmental practices by the environmental reporting firm CDP. The company achieved a list by demonstrating best in class disclosure and reduction of greenhouse gas emissions in its commercial vehicles business and global facilities.
Natural Gas Vehicle Market – by Fuel Type
- CNG
- LNG
Natural Gas Vehicle Market – by Application
- On Road
- Off Road
Natural Gas Vehicle Market – by Vehicle Type
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Natural Gas Vehicle Market – Companies Profiles
- AB Volvo
- Agility Fuel Solutions LLC
- America Honda Motor Company
- CNH Industrial N.V.
- Cummins Westport
- General Motors
- Navistar Inc.
- Paccar Inc.
- The Ford Motor Company
- Volkswagen AG