Global Light and Heavy Duty Natural Gas Vehicle Market

Global Light and Heavy Duty Natural Gas Vehicle Market Research Report 2021

Global Light and Heavy Duty Natural Gas Vehicle Market

Global Light and Heavy Duty Natural Gas Vehicle Market Research Report 2021


The Global Light and Heavy Duty Natural Gas Vehicle Market investigation report contains Types, Application & all logical and factual briefs about market Overview, CAGR, Production Volume, Sales, Revenue with the regional analysis covers North America, Europe, Asia-Pacific, South America, Middle East & Africa & The top Players like CNH Industrial, Daimler Trucks, General Motors, MAN Truck & Bus, Volvo Trucks

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Research Predicts that Light and Heavy Duty Natural Gas Vehicle Market was valued USD xxxx unit in 2020 and is expected to reach USD xxxx Unit by the year 2025, growing at a CAGR of xx% globally.

Global Light and Heavy Duty Natural Gas Vehicle Market Overview:

Global Light and Heavy Duty Natural Gas Vehicle Market Report 2020 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of Light and Heavy Duty Natural Gas Vehicle involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.

Impact of COVID-19 on Light and Heavy Duty Natural Gas Vehicle Market

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affected the Light and Heavy Duty Natural Gas Vehicle market in 2020.

Global Light and Heavy Duty Natural Gas Vehicle Market Segmentation

By Type, Light and Heavy Duty Natural Gas Vehicle market has been segmented into:

CNG

LNG

By Application, Light and Heavy Duty Natural Gas Vehicle market has been segmented into:

Light-Duty NGV

Heavy-Duty NGV

Regional Analysis:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Arabia, South Africa etc.)

Top Key Players Covered in Light and Heavy Duty Natural Gas Vehicle market are:

CNH Industrial

Daimler Trucks

General Motors

MAN Truck & Bus

Volvo Trucks

1. Market Overview of Light and Heavy Duty Natural Gas Vehicle

1.1 Light and Heavy Duty Natural Gas Vehicle Market Overview

1.1.1 Light and Heavy Duty Natural Gas Vehicle Product Scope

1.1.2 Market Status and Outlook

1.2 Light and Heavy Duty Natural Gas Vehicle Market Size by Regions: 2015 VS 2021 VS 2026

1.3 Light and Heavy Duty Natural Gas Vehicle Historic Market Size by Regions (2015-2020)

1.4 Light and Heavy Duty Natural Gas Vehicle Forecasted Market Size by Regions (2021-2026)

1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)

1.5.1 North America

1.5.2 East Asia

1.5.3 Europe

1.5.4 South Asia

1.5.5 Southeast Asia

1.5.6 Middle East

1.5.7 Africa

1.5.8 Oceania

1.5.9 South America

1.5.10 Rest of the World

1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth

1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections

1.6.2 Covid-19 Impact: Commodity Prices Indices

1.6.3 Covid-19 Impact: Global Major Government Policy

2. Covid-19 Impact Light and Heavy Duty Natural Gas Vehicle Sales Market by Type (2015-2026)

2.1 Global Light and Heavy Duty Natural Gas Vehicle Historic Market Size by Type (2015-2020)

2.2 Global Light and Heavy Duty Natural Gas Vehicle Forecasted Market Size by Type (2021-2026)

2.3 CNG

2.4 LNG

3. Covid-19 Impact Light and Heavy Duty Natural Gas Vehicle Sales Market by Application (2015-2026)

3.1 Global Light and Heavy Duty Natural Gas Vehicle Historic Market Size by Application (2015-2020)

3.2 Global Light and Heavy Duty Natural Gas Vehicle Forecasted Market Size by Application (2021-2026)

3.3 Light-Duty NGV

3.4 Heavy-Duty NGV

4. Covid-19 Impact Market Competition by Manufacturers

4.1 Global Light and Heavy Duty Natural Gas Vehicle Production Capacity Market Share by Manufacturers (2015-2020)

4.2 Global Light and Heavy Duty Natural Gas Vehicle Revenue Market Share by Manufacturers (2015-2020)

4.3 Global Light and Heavy Duty Natural Gas Vehicle Average Price by Manufacturers (2015-2020)

5. Company Profiles and Key Figures in Light and Heavy Duty Natural Gas Vehicle Business

5.1 CNH Industrial

5.1.1 CNH Industrial Company Profile

5.1.2 CNH Industrial Light and Heavy Duty Natural Gas Vehicle Product Specification

5.1.3 CNH Industrial Light and Heavy Duty Natural Gas Vehicle Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.2 Daimler Trucks

5.2.1 Daimler Trucks Company Profile

5.2.2 Daimler Trucks Light and Heavy Duty Natural Gas Vehicle Product Specification

5.2.3 Daimler Trucks Light and Heavy Duty Natural Gas Vehicle Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.3 General Motors

5.3.1 General Motors Company Profile

5.3.2 General Motors Light and Heavy Duty Natural Gas Vehicle Product Specification

5.3.3 General Motors Light and Heavy Duty Natural Gas Vehicle Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.4 MAN Truck & Bus

5.4.1 MAN Truck & Bus Company Profile

5.4.2 MAN Truck & Bus Light and Heavy Duty Natural Gas Vehicle Product Specification

5.4.3 MAN Truck & Bus Light and Heavy Duty Natural Gas Vehicle Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.5 Volvo Trucks

5.5.1 Volvo Trucks Company Profile

5.5.2 Volvo Trucks Light and Heavy Duty Natural Gas Vehicle Product Specification

5.5.3 Volvo Trucks Light and Heavy Duty Natural Gas Vehicle Production Capacity, Revenue, Price and Gross Margin (2015-2020)

6. North America

6.1 North America Light and Heavy Duty Natural Gas Vehicle Market Size (2015-2026)

6.2 North America Light and Heavy Duty Natural Gas Vehicle Key Players in North America (2015-2020)

6.3 North America Light and Heavy Duty Natural Gas Vehicle Market Size by Type (2015-2020)

6.4 North America Light and Heavy Duty Natural Gas Vehicle Market Size by Application (2015-2020)

7. East Asia

7.1 East Asia Light and Heavy Duty Natural Gas Vehicle Market Size (2015-2026)

7.2 East Asia Light and Heavy Duty Natural Gas Vehicle Key Players in North America (2015-2020)

7.3 East Asia Light and Heavy Duty Natural Gas Vehicle Market Size by Type (2015-2020)

7.4 East Asia Light and Heavy Duty Natural Gas Vehicle Market Size by Application (2015-2020)

8. Europe

8.1 Europe Light and Heavy Duty Natural Gas Vehicle Market Size (2015-2026)

8.2 Europe Light and Heavy Duty Natural Gas Vehicle Key Players in North America (2015-2020)

8.3 Europe Light and Heavy Duty Natural Gas Vehicle Market Size by Type (2015-2020)

8.4 Europe Light and Heavy Duty Natural Gas Vehicle Market Size by Application (2015-2020)

9. South Asia

9.1 South Asia Light and Heavy Duty Natural Gas Vehicle Market Size (2015-2026)

9.2 South Asia Light and Heavy Duty Natural Gas Vehicle Key Players in North America (2015-2020)

9.3 South Asia Light and Heavy Duty Natural Gas Vehicle Market Size by Type (2015-2020)

9.4 South Asia Light and Heavy Duty Natural Gas Vehicle Market Size by Application (2015-2020)

10. Southeast Asia

10.1 Southeast Asia Light and Heavy Duty Natural Gas Vehicle Market Size (2015-2026)

10.2 Southeast Asia Light and Heavy Duty Natural Gas Vehicle Key Players in North America (2015-2020)

10.3 Southeast Asia Light and Heavy Duty Natural Gas Vehicle Market Size by Type (2015-2020)

10.4 Southeast Asia Light and Heavy Duty Natural Gas Vehicle Market Size by Application (2015-2020)

11. Middle East

11.1 Middle East Light and Heavy Duty Natural Gas Vehicle Market Size (2015-2026)

11.2 Middle East Light and Heavy Duty Natural Gas Vehicle Key Players in North America (2015-2020)

11.3 Middle East Light and Heavy Duty Natural Gas Vehicle Market Size by Type (2015-2020)

11.4 Middle East Light and Heavy Duty Natural Gas Vehicle Market Size by Application (2015-2020)

12. Africa

12.1 Africa Light and Heavy Duty Natural Gas Vehicle Market Size (2015-2026)

12.2 Africa Light and Heavy Duty Natural Gas Vehicle Key Players in North America (2015-2020)

12.3 Africa Light and Heavy Duty Natural Gas Vehicle Market Size by Type (2015-2020)

12.4 Africa Light and Heavy Duty Natural Gas Vehicle Market Size by Application (2015-2020)

13. Oceania

13.1 Oceania Light and Heavy Duty Natural Gas Vehicle Market Size (2015-2026)

13.2 Oceania Light and Heavy Duty Natural Gas Vehicle Key Players in North America (2015-2020)

13.3 Oceania Light and Heavy Duty Natural Gas Vehicle Market Size by Type (2015-2020)

13.4 Oceania Light and Heavy Duty Natural Gas Vehicle Market Size by Application (2015-2020)

14. South America

14.1 South America Light and Heavy Duty Natural Gas Vehicle Market Size (2015-2026)

14.2 South America Light and Heavy Duty Natural Gas Vehicle Key Players in North America (2015-2020)

14.3 South America Light and Heavy Duty Natural Gas Vehicle Market Size by Type (2015-2020)

14.4 South America Light and Heavy Duty Natural Gas Vehicle Market Size by Application (2015-2020)

15. Rest of the World

15.1 Rest of the World Light and Heavy Duty Natural Gas Vehicle Market Size (2015-2026)

15.2 Rest of the World Light and Heavy Duty Natural Gas Vehicle Key Players in North America (2015-2020)

15.3 Rest of the World Light and Heavy Duty Natural Gas Vehicle Market Size by Type (2015-2020)

15.4 Rest of the World Light and Heavy Duty Natural Gas Vehicle Market Size by Application (2015-2020)

16 Light and Heavy Duty Natural Gas Vehicle Market Dynamics

16.1 Covid-19 Impact Market Top Trends

16.2 Covid-19 Impact Market Drivers

16.3 Covid-19 Impact Market Challenges

16.4 Porter’s Five Forces Analysis

18 Regulatory Information

17 Analyst's Viewpoints/Conclusions

18 Appendix

18.1 Research Methodology

18.1.1 Methodology/Research Approach

18.1.2 Data Source

18.2 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Light and Heavy Duty Natural Gas Vehicle 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.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

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

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Who are the dominant players having a strong presence in the Light and Heavy Duty Natural Gas Vehicle Market?
Some of the finest and top-notch companies pioneering the Light and Heavy Duty Natural Gas Vehicle Market are CNH Industrial, Daimler Trucks, General Motors, MAN Truck & Bus, Volvo Trucks.
What is the major concern of the players in the Light and Heavy Duty Natural Gas Vehicle Market?
As manufacturers prepare to scale up, Light and Heavy Duty Natural Gas Vehicle companies must be clear and transparent about the impact of such volatility on the balance sheet.
Who are the significant end-users in the Light and Heavy Duty Natural Gas Vehicle Market?
The key end-users in the Light and Heavy Duty Natural Gas Vehicle Market are Light-Duty NGV, Heavy-Duty NGV
What is the estimated size & growth rate of the Light and Heavy Duty Natural Gas Vehicle Market?
In recent years, the Light and Heavy Duty Natural Gas Vehicle Market has grown at an incredible rate. From 2025 to 2030, the market is expected to grow at a CAGR of yy%.
What is Light and Heavy Duty Natural Gas Vehicle Market Concentration Rate?
In addition to the Light and Heavy Duty Natural Gas Vehicle Market share analysis by competitors, the report also includes chapters on the HHI Index, CR4, and CR8 to characterize the concentration rate and competitive character of the Light and Heavy Duty Natural Gas Vehicle Market.
How is the Light and Heavy Duty Natural Gas Vehicle Market's changing dynamics captured?
The Light and Heavy Duty Natural Gas Vehicle analysis provides high-level qualitative commentary on market dynamics, including information on growth drivers, influential trends, challenges, and opportunities.