CNG Powertrain - Global and China Top Players Market Share and Ranking 2023
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According to the latest research analysis,the global market for CNG Powertrain should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
By country, China accounted for percent of the global market last year and China’s market share increased from percent to percent. China CNG Powertrain market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029. The United States CNG Powertrain market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
By segment, Passenger Vehicle grew percent to account for percent of the total market sales, and Commercial Vehicle grew percent.
A CNG powertrain is identical to a conventional internal combustion engine powered by gasoline. There are a few new components in the CNG powertrain, but the combustion process is identical. The fuel is combined with air before being burned in the cylinder to generate power. CNG necessitated a tank that could carry highly pressurized gas, unlike conventional fuel tanks.
This report studies and analyses global CNG Powertrain status and future trends, helps the client to determine the CNG Powertrain market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for CNG Powertrain, and provides market size (in Units & US$ million) and Year-over-Year growth, considering 2022 as the base year.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
To assess the competitive environment within the market including supplier revenue, market share, and company profiles.
Highlights
(1) Global CNG Powertrain market size, history data 2018-2023, and forecast data 2024 -2029, (US$ million) & (Units)
(2) Global CNG Powertrain sales, revenue, price by company, market share and industry ranking 2018-2023, (US$ million) & (Units)
(3) China CNG Powertrain sales, revenue, price by company, market share and industry ranking 2018-2023, (US$ million) & (Units)
(4) Global CNG Powertrain key consuming regions, consumption quantity, consumption value and demand structure
(5) Global CNG Powertrain key producing regions, capacity, production, and year over year growth
(6) CNG Powertrain industry chains, upstream, midstream and downstream
Understanding Market Segments by Key Players: Insights and Opportunities
Cummins Inc.
AB Volvo
Robert Bosch GmbH.
FPT Industrial S.P.A.
Ford Motor Company
Maruti Suzuki India Limited
Volkswagen AG
Hyundai Motor Company
Nissan Motor Co., Ltd.
Honda Motor Company
Understanding Market Segments by Type: A Comparative Analysis
Mono Fuel
Bi-fuel
Market Segmentation by Application: Dividing Key Markets and Identifying Opportunities
Passenger Vehicle
Commercial Vehicle
Breaking Down Market Segments by Region: A Deep Dive Analysis
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Uncovering Market Potential: What Our Report Includes
Chapter 1: to describe CNG Powertrain product scope, global sales quantity, value and average price, China sales quantity, value and average price, development opportunities, challenges, trends, and policies.
Chapter 2: Global CNG Powertrain market share and ranking of major manufacturers, sales quantity, revenue, average price, 2018-2023
Chapter 3: China CNG Powertrain market share and ranking of major manufacturers, sales quantity, revenue, average price, 2018-2023
Chapter 4: Global key producing regions of CNG Powertrain, percent & CAGR, 2018-2029
Chapter 5: CNG Powertrain industry chain, upstream, medium-stream, and downstream.
Chapter 6: Segment by Type, sales quantity, average price, consumption value, percent & CAGR, 2018-2029
Chapter 7: Segment by Application, sales quantity, average price, consumption value, percent & CAGR, 2018-2029
Chapter 8: Segment in regional level, sales quantity, average price, consumption value, percent & CAGR, 2018-2029
Chapter 9: Segment in country level, sales quantity, average price, consumption value, percent & CAGR, 2018-2029
Chapter 10: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, sales quantity, average price, revenue, gross margin.
Chapter 11: Conclusions
1 Market Overview
1.1 CNG Powertrain Definition
1.2 Global CNG Powertrain Market Size and Forecast
1.2.1 By Consumption Value, Global CNG Powertrain Market Size，2018-2029
1.2.2 By Sales Quantity, Global CNG Powertrain Market Size，2018-2029
1.2.3 Global CNG Powertrain Average Selling Price (ASP)，2018-2029
1.3 China CNG Powertrain Market Size and Forecast
1.3.1 By Consumption Value, China CNG Powertrain Market Size，2018-2029
1.3.2 By Sales Quantity, China CNG Powertrain Market Size，2018-2029
1.3.3 China CNG Powertrain Average Selling Price (ASP)， 2018-2029
1.4 Share of China CNG Powertrain Market with Respect to the Global Market
1.4.1 By Consumption Value, China CNG Powertrain Market Share in Global, 2018-2029
1.4.2 By Sales Quantity, China CNG Powertrain Market Share in Global, 2018-2029
1.4.3 CNG Powertrain Market Size: China VS Global, 2018-2029
1.5 CNG Powertrain Market Dynamics
1.5.1 CNG Powertrain Market Drivers
1.5.2 CNG Powertrain Market Restraints
1.5.3 CNG Powertrain Industry Trends
1.5.4 CNG Powertrain Industry Policy
2 Global Leading Manufacturers and Market Share
2.1 By Revenue of CNG Powertrain, Global Market Share by Company, 2018-2023
2.2 By Sales Quantity of CNG Powertrain, Global Market Share by Company, 2018-2023
2.3 CNG Powertrain Average Selling Price (ASP) by Company, 2018-2023
2.4 Global CNG Powertrain Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.5 Global CNG Powertrain Concentration Ratio
2.6 Global CNG Powertrain Mergers & Acquisitions, Expansion Plans
2.7 Global CNG Powertrain Manufacturers Product Type
2.8 Head Office and CNG Powertrain Production Site of Key Manufacturer
2.9 CNG Powertrain Capacity of Major Manufacturers and Future Plan
3 China Leading Manufacturers and Market Share
3.1 By Revenue of CNG Powertrain, China Market Share by Company, 2018-2023
3.2 By Sales Quantity of CNG Powertrain, China Market Share by Company, 2018-2023
3.3 China CNG Powertrain Participants, Market Position (Tier 1, Tier 2, and Tier 3)
4 Global Producing Regions
4.1 Global CNG Powertrain Capacity, Output and Capacity Utilization, 2018-2029
4.2 Global CNG Powertrain Capacity by Region
4.3 Global CNG Powertrain Production & Forecast by Region, 2018 VS 2022 VS 2029
4.4 Global CNG Powertrain Production by Region, 2018-2029
4.5 Global CNG Powertrain Production Market Share & Forecast by Region, 2018-2029
5 Industry Chain Analysis
5.1 CNG Powertrain Industry Chain
5.2 CNG Powertrain Upstream Analysis
5.2.1 CNG Powertrain Core Raw Materials
5.2.2 Main Manufacturers of CNG Powertrain Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 CNG Powertrain Production Mode
5.6 CNG Powertrain Procurement Model
5.7 CNG Powertrain Industry Sales Model and Sales Channels
5.7.1 CNG Powertrain Sales Model
5.7.2 CNG Powertrain Typical Distributors
6 Sights by Type
6.1 CNG Powertrain Classification
6.1.1 Mono Fuel
6.1.2 Bi-fuel
6.2 By Type, Global CNG Powertrain Consumption Value & CAGR, 2018 VS 2022 VS 2029
6.3 By Type, Global CNG Powertrain Consumption Value, 2018-2029
6.4 By Type, Global CNG Powertrain Sales Quantity, 2018-2029
6.5 By Type, Global CNG Powertrain Average Selling Price (ASP), 2018-2029
7 Sights by Application
7.1 CNG Powertrain Segment by Application
7.1.1 Passenger Vehicle
7.1.2 Commercial Vehicle
7.2 By Application, Global CNG Powertrain Consumption Value & CAGR, 2018 VS 2022 VS 2029
7.3 By Application, Global CNG Powertrain Consumption Value, 2018-2029
7.4 By Application, Global CNG Powertrain Sales Quantity, 2018-2029
7.5 By Application, Global CNG Powertrain Price, 2018-2029
8 Sales Sights by Region
8.1 By Region, Global CNG Powertrain Consumption Value, 2018 VS 2022 VS 2029
8.2 By Region, Global CNG Powertrain Consumption Value, 2018-2029
8.3 By Region, Global CNG Powertrain Sales Quantity, 2018-2029
8.4 North America
8.4.1 North America CNG Powertrain & Forecasts, 2018-2029
8.4.2 By Country, North America CNG Powertrain Market Size Market Share
8.5 Europe
8.5.1 Europe CNG Powertrain Market Size & Forecasts, 2018-2029
8.5.2 By Country, Europe CNG Powertrain Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific CNG Powertrain Market Size & Forecasts, 2018-2029
8.6.2 By Country/Region, Asia Pacific CNG Powertrain Market Size Market Share
8.7 South America
8.7.1 South America CNG Powertrain Market Size & Forecasts, 2018-2029
8.7.2 By Country, South America CNG Powertrain Market Size Market Share
8.8 Middle East & Africa
9 Sales Sights by Country Level
9.1 By Country, Global CNG Powertrain Market Size & CAGR, 2018 VS 2022 VS 2029
9.2 By Country, Global CNG Powertrain Consumption Value, 2018-2029
9.3 By Country, Global CNG Powertrain Sales Quantity, 2018-2029
9.4 U.S.
9.4.1 U.S. CNG Powertrain Market Size, 2018-2029
9.4.2 By Type, U.S. CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.4.3 By Application, U.S. CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.5 Europe
9.5.1 Europe CNG Powertrain Market Size, 2018-2029
9.5.2 By Type, Europe CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.5.3 By Application, Europe CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.6 China
9.6.1 China CNG Powertrain Market Size, 2018-2029
9.6.2 By Type, China CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.6.3 By Application, China CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.7 Japan
9.7.1 Japan CNG Powertrain Market Size, 2018-2029
9.7.2 By Type, Japan CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.7.3 By Application, Japan CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.8 South Korea
9.8.1 South Korea CNG Powertrain Market Size, 2018-2029
9.8.2 By Type, South Korea CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.8.3 By Application, South Korea CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.9 Southeast Asia
9.9.1 Southeast Asia CNG Powertrain Market Size, 2018-2029
9.9.2 By Type, Southeast Asia CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.9.3 By Application, Southeast Asia CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.10 India
9.10.1 India CNG Powertrain Market Size, 2018-2029
9.10.2 By Type, India CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.10.3 By Application, India CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.11 Middle East & Africa
9.11.1 Middle East & Africa CNG Powertrain Market Size, 2018-2029
9.11.2 By Type, Middle East & Africa CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
9.11.3 By Application, Middle East & Africa CNG Powertrain Sales Quantity Market Share, 2022 VS 2029
10 Manufacturers Profile
10.1 Cummins Inc.
10.1.1 Cummins Inc. Company Information, Head Office, Market Area, and Industry Position
10.1.2 Cummins Inc. CNG Powertrain Models, Specifications, and Application
10.1.3 Cummins Inc. CNG Powertrain Sales Quantity, Revenue, Price and Gross Margin, 2018-2023
10.1.4 Cummins Inc. Company Profile and Main Business
10.1.5 Cummins Inc. Recent Developments
10.2 AB Volvo
10.2.1 AB Volvo Company Information, Head Office, Market Area, and Industry Position
10.2.2 AB Volvo CNG Powertrain Models, Specifications, and Application
10.2.3 AB Volvo CNG Powertrain Sales Quantity, Revenue, Price and Gross Margin, 2018-2023
10.2.4 AB Volvo Company Profile and Main Business
10.2.5 AB Volvo Recent Developments
10.3 Robert Bosch GmbH.
10.3.1 Robert Bosch GmbH. Company Information, Head Office, Market Area, and Industry Position
10.3.2 Robert Bosch GmbH. CNG Powertrain Models, Specifications, and Application
10.3.3 Robert Bosch GmbH. CNG Powertrain Sales Quantity, Revenue, Price and Gross Margin, 2018-2023
10.3.4 Robert Bosch GmbH. Company Profile and Main Business
10.3.5 Robert Bosch GmbH. Recent Developments
10.4 FPT Industrial S.P.A.
10.4.1 FPT Industrial S.P.A. Company Information, Head Office, Market Area, and Industry Position
10.4.2 FPT Industrial S.P.A. CNG Powertrain Models, Specifications, and Application
10.4.3 FPT Industrial S.P.A. CNG Powertrain Sales Quantity, Revenue, Price and Gross Margin, 2018-2023
10.4.4 FPT Industrial S.P.A. Company Profile and Main Business
10.4.5 FPT Industrial S.P.A. Recent Developments
10.5 Ford Motor Company
10.5.1 Ford Motor Company Company Information, Head Office, Market Area, and Industry Position
10.5.2 Ford Motor Company CNG Powertrain Models, Specifications, and Application
10.5.3 Ford Motor Company CNG Powertrain Sales Quantity, Revenue, Price and Gross Margin, 2018-2023
10.5.4 Ford Motor Company Company Profile and Main Business
10.5.5 Ford Motor Company Recent Developments
10.6 Maruti Suzuki India Limited
10.6.1 Maruti Suzuki India Limited Company Information, Head Office, Market Area, and Industry Position
10.6.2 Maruti Suzuki India Limited CNG Powertrain Models, Specifications, and Application
10.6.3 Maruti Suzuki India Limited CNG Powertrain Sales Quantity, Revenue, Price and Gross Margin, 2018-2023
10.6.4 Maruti Suzuki India Limited Company Profile and Main Business
10.6.5 Maruti Suzuki India Limited Recent Developments
10.7 Volkswagen AG
10.7.1 Volkswagen AG Company Information, Head Office, Market Area, and Industry Position
10.7.2 Volkswagen AG CNG Powertrain Models, Specifications, and Application
10.7.3 Volkswagen AG CNG Powertrain Sales Quantity, Revenue, Price and Gross Margin, 2018-2023
10.7.4 Volkswagen AG Company Profile and Main Business
10.7.5 Volkswagen AG Recent Developments
10.8 Hyundai Motor Company
10.8.1 Hyundai Motor Company Company Information, Head Office, Market Area, and Industry Position
10.8.2 Hyundai Motor Company CNG Powertrain Models, Specifications, and Application
10.8.3 Hyundai Motor Company CNG Powertrain Sales Quantity, Revenue, Price and Gross Margin, 2018-2023
10.8.4 Hyundai Motor Company Company Profile and Main Business
10.8.5 Hyundai Motor Company Recent Developments
10.9 Nissan Motor Co., Ltd.
10.9.1 Nissan Motor Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
10.9.2 Nissan Motor Co., Ltd. CNG Powertrain Models, Specifications, and Application
10.9.3 Nissan Motor Co., Ltd. CNG Powertrain Sales Quantity, Revenue, Price and Gross Margin, 2018-2023
10.9.4 Nissan Motor Co., Ltd. Company Profile and Main Business
10.9.5 Nissan Motor Co., Ltd. Recent Developments
10.10 Honda Motor Company
10.10.1 Honda Motor Company Company Information, Head Office, Market Area, and Industry Position
10.10.2 Honda Motor Company CNG Powertrain Models, Specifications, and Application
10.10.3 Honda Motor Company CNG Powertrain Sales Quantity, Revenue, Price and Gross Margin, 2018-2023
10.10.4 Honda Motor Company Company Profile and Main Business
10.10.5 Honda Motor Company Recent Developments
11 Conclusion
12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer
Research Methodology:
CNG Powertrain Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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