2023-2029 Global CNG Powertrain Industry Research & Trends Analysis Report
2023-2029 Global CNG Powertrain Industry Research & Trends Analysis Report
Insights into the CNG Powertrain Market include supply chain optimization, CNG Powertrain challenges, and growth forecasts segmented by region and service type.
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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.
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.
In terms of type, Mono Fuel segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, Passenger Vehicle has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.
The global key manufacturers of CNG Powertrain include Cummins Inc., AB Volvo, Robert Bosch GmbH., FPT Industrial S.P.A., Ford Motor Company, Maruti Suzuki India Limited, Volkswagen AG, Hyundai Motor Company and Nissan Motor Co., Ltd., etc. In 2022, the global top five players hold a share approximately % in terms of revenue.
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 aims to provide a comprehensive study of the global market for CNG Powertrain.
Data-Driven Insights: Highlights from Our Report
(1) Global CNG Powertrain market size (sales volume & revenue), history data from 2018-2022 and forecast data from 2023 to 2029.
(2) Global CNG Powertrain market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(3) China CNG Powertrain market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(4) Global CNG Powertrain segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.
(5) Global CNG Powertrain segment by type and by application and regional segment by type and by application.
(6) Global major production regions of CNG Powertrain, capacity, production and trends.
(7) CNG Powertrain industry supply chain, upstream, midstream and downstream analysis.
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
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
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
1 Market Overview
1.1 CNG Powertrain Definition
1.2 Global CNG Powertrain Market Size and Forecast
1.2.1 By Revenue, Global CNG Powertrain Market Size, 2018-2029
1.2.2 By Sales Volume, Global CNG Powertrain Market Size, 2018-2029
1.2.3 Global CNG Powertrain Price Trend, 2018-2029
1.3 China CNG Powertrain Market Size and Forecast
1.3.1 By Revenue, China CNG Powertrain Market Size, 2018-2029
1.3.2 By Sales Volume, China CNG Powertrain Market Size, 2018-2029
1.3.3 China CNG Powertrain Price Trend, 2018-2029
1.4 China Percentage in Global Market
1.4.1 By Revenue, China CNG Powertrain Share in Global Market, 2018-2029
1.4.2 By Sales Volume, China CNG Powertrain Share in Global Market, 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 Competitive Landscape by Company
2.1 Global CNG Powertrain Revenue by Company, 2018-2023
2.2 Global CNG Powertrain Sales Volume by Company, 2018-2023
2.3 Global CNG Powertrain Price 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
3 China Competitive Landscape by Company
3.1 China CNG Powertrain Revenue by Company, 2018-2023
3.2 China CNG Powertrain Sales Volume by Company, 2018-2023
3.3 China CNG Powertrain CNG Powertrain Participants, Market Position (Tier 1, Tier 2 and Tier 3)
3.4 China CNG Powertrain Market, Sales Percentage of Local Players VS Foreign Players (2018-2023)
3.5 Chinese Local Players, CNG Powertrain Domestic VS Export
3.6 China Market, CNG Powertrain Import & Export
3.6.1 China Market, CNG Powertrain Import & Export, 2018-2029
3.6.2 China CNG Powertrain Import & Export Trends
3.6.3 Main Sources of China CNG Powertrain Import
3.6.4 Export Destination of China CNG Powertrain
4 CNG Powertrain Production by Region
4.1 Global CNG Powertrain Capacity, Production and Capacity Utilization, 2018-2029
4.2 Global Geographic Distribution of CNG Powertrain Manufacturers
4.3 Global Major Manufacturers, CNG Powertrain Capacity Expansion and Future Plans
4.4 Global CNG Powertrain Capacity by Region
4.5 Global CNG Powertrain Production by Region
4.5.1 Global CNG Powertrain Production & Forecast by Region, 2018 VS 2022 VS 2029
4.5.2 Global CNG Powertrain Production by Region, 2018-2023
4.5.3 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 Market Size & CAGR, 2018 VS 2022 VS 2029
6.3 By Type, Global CNG Powertrain Revenue, 2018-2029
6.4 By Type, Global CNG Powertrain Sales Volume, 2018-2029
6.5 By Type, Global CNG Powertrain Price, 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 Market Size & CAGR, 2018 VS 2022 VS 2029
7.3 By Application, Global CNG Powertrain Revenue, 2018-2029
7.4 By Application, Global CNG Powertrain Sales Volume, 2018-2029
7.5 By Application, Global CNG Powertrain Price, 2018-2029
8 Sales Sights by Region
8.1 By Region, Global CNG Powertrain Market Size, 2018 VS 2022 VS 2029
8.2 By Region, Global CNG Powertrain Revenue, 2018-2029
8.3 By Region, Global CNG Powertrain Sales Volume, 2018-2029
8.4 North America
8.4.1 North America CNG Powertrain Market Size & 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 Revenue, 2018-2029
9.3 By Country, Global CNG Powertrain Sales Volume, 2018-2029
9.4 U.S.
9.4.1 U.S. CNG Powertrain Market Size, 2018-2029
9.4.2 By Company, U.S. CNG Powertrain Sales Volume Market Share, 2022
9.4.3 By Type, U.S. CNG Powertrain Market Size, Share, 2022 VS 2029
9.4.4 By Application, U.S. CNG Powertrain Market Size, Share, 2022 VS 2029
9.5 Europe
9.5.1 Europe CNG Powertrain Market Size, 2018-2029
9.5.2 By Company, Europe CNG Powertrain Sales Volume Market Share, 2022
9.5.3 By Type, Europe CNG Powertrain Market Size, Share, 2022 VS 2029
9.5.4 By Application, Europe CNG Powertrain Market Size, Share, 2022 VS 2029
9.6 China
9.6.1 China CNG Powertrain Market Size, 2018-2029
9.6.2 By Company, China CNG Powertrain Sales Volume Market Share, 2022
9.6.3 By Type, China CNG Powertrain Market Size, Share, 2022 VS 2029
9.6.4 By Application, China CNG Powertrain Market Size, Share, 2022 VS 2029
9.7 Japan
9.7.1 Japan CNG Powertrain Market Size, 2018-2029
9.7.2 By Company, Japan CNG Powertrain Sales Volume Market Share, 2022
9.7.3 By Type, Japan CNG Powertrain Market Size, Share, 2022 VS 2029
9.7.4 By Application, Japan CNG Powertrain Market Size, Share, 2022 VS 2029
9.8 South Korea
9.8.1 South Korea CNG Powertrain Market Size, 2018-2029
9.8.2 By Company, South Korea CNG Powertrain Sales Volume Market Share, 2022
9.8.3 By Type, South Korea CNG Powertrain Market Size, Share, 2022 VS 2029
9.8.4 By Application, South Korea CNG Powertrain Market Size, Share, 2022 VS 2029
9.9 Southeast Asia
9.9.1 Southeast Asia CNG Powertrain Market Size, 2018-2029
9.9.2 By Company, Southeast Asia CNG Powertrain Sales Volume Market Share, 2022
9.9.3 By Type, Southeast Asia CNG Powertrain Market Size, Share, 2022 VS 2029
9.9.4 By Application, Southeast Asia CNG Powertrain Market Size, Share, 2022 VS 2029
9.10 India
9.10.1 India CNG Powertrain Market Size, 2018-2029
9.10.2 By Company, India CNG Powertrain Sales Volume Market Share, 2022
9.10.3 By Type, India CNG Powertrain Market Size, Share, 2022 VS 2029
9.10.4 By Application, India CNG Powertrain Market Size, Share, 2022 VS 2029
9.11 Middle East & Asia
9.11.1 Middle East & Asia CNG Powertrain Market Size, 2018-2029
9.11.2 By Company, Middle East & Asia CNG Powertrain Sales Volume Market Share, 2022
9.11.3 By Type, Middle East & Asia CNG Powertrain Market Size, Share, 2022 VS 2029
9.11.4 By Application, Middle East & Asia CNG Powertrain Market Size, 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 Volume, 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 Volume, 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 Volume, 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 Volume, 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 Volume, 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 Volume, 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 Volume, 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 Volume, 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 Volume, 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 Volume, 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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