Report on Global Natural Gas Commercial Vehicle Market

2023-2031 Report on Global Natural Gas Commercial Vehicle Market by Player, Region, Type, Application and Sales Channel

Report on Global Natural Gas Commercial Vehicle Market

2023-2031 Report on Global Natural Gas Commercial Vehicle Market by Player, Region, Type, Application and Sales Channel


Discover the latest insights into the booming Natural Gas Commercial Vehicle Market. This report analyzes market size, growth trends (CAGR ), key players, and regional performance, offering valuable data for investors and industry professionals. Explore market drivers, restraints, and future projections for -.

Exclusive deal : 20% Instant discount on Direct purchases! Don't wait—claim your discount today!

This report studies the Natural Gas Commercial Vehicle market, covering market size for segment by type (LNG Vehicles, CNG Vehicles, etc.), by application (Bus, Truck, etc.), by sales channel (Direct Channel, Distribution Channel), by player (CNH Industrial, Daimler Trucks, General Motors, MAN Truck & Bus, Volvo Trucks, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

This report provides detailed historical analysis of global market for Natural Gas Commercial Vehicle from 2017-2022, and provides extensive market forecasts from 2023-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Natural Gas Commercial Vehicle market.

The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.

Leading players of Natural Gas Commercial Vehicle including:

CNH Industrial

Daimler Trucks

General Motors

MAN Truck & Bus

Volvo Trucks

Beiqi Foton Motor

Dongfeng Motor

Fiat Chrysler Automobiles

Ford Motor

Isuzu Motors

Kamaz

Navistar

Renault

BYD

Yutong

Zhongtong Bus

King Long

C&C Truck

Ankai

Xiamen Golden Dragon

Market split by Type, can be divided into:

LNG Vehicles

CNG Vehicles

Market split by Application, can be divided into:

Bus

Truck

Others

Market split by Sales Channel, can be divided into:

Direct Channel

Distribution Channel

Market segment by Region/Country including:

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Spain etc.)

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

South America (Brazil, Argentina and Colombia etc.)

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

If you have any special requirements, please let us know and we can provide you the customized report as you want.

Chapter 1 Natural Gas Commercial Vehicle Market Overview

1.1 Natural Gas Commercial Vehicle Definition

1.2 Global Natural Gas Commercial Vehicle Market Size Status and Outlook (2017-2031)

1.3 Global Natural Gas Commercial Vehicle Market Size Comparison by Region (2017-2031)

1.4 Global Natural Gas Commercial Vehicle Market Size Comparison by Type (2017-2031)

1.5 Global Natural Gas Commercial Vehicle Market Size Comparison by Application (2017-2031)

1.6 Global Natural Gas Commercial Vehicle Market Size Comparison by Sales Channel (2017-2031)

1.7 Natural Gas Commercial Vehicle Market Dynamics

1.7.1 Market Drivers/Opportunities

1.7.2 Market Challenges/Risks

1.7.3 Market News (Mergers/Acquisitions/Expansion)

1.7.4 COVID-19 Impacts

1.7.5 Russia-Ukraine War Impacts

Chapter 2 Natural Gas Commercial Vehicle Market Segment Analysis by Player

2.1 Global Natural Gas Commercial Vehicle Sales and Market Share by Player (2020-2022)

2.2 Global Natural Gas Commercial Vehicle Revenue and Market Share by Player (2020-2022)

2.3 Global Natural Gas Commercial Vehicle Average Price by Player (2020-2022)

2.4 Players Competition Situation & Trends

2.5 Conclusion of Segment by Player

Chapter 3 Natural Gas Commercial Vehicle Market Segment Analysis by Type

3.1 Global Natural Gas Commercial Vehicle Market by Type

3.1.1 LNG Vehicles

3.1.2 CNG Vehicles

3.2 Global Natural Gas Commercial Vehicle Sales and Market Share by Type (2017-2022)

3.3 Global Natural Gas Commercial Vehicle Revenue and Market Share by Type (2017-2022)

3.4 Global Natural Gas Commercial Vehicle Average Price by Type (2017-2022)

3.5 Leading Players of Natural Gas Commercial Vehicle by Type in 2022

3.6 Conclusion of Segment by Type

Chapter 4 Natural Gas Commercial Vehicle Market Segment Analysis by Application

4.1 Global Natural Gas Commercial Vehicle Market by Application

4.1.1 Bus

4.1.2 Truck

4.1.3 Others

4.2 Global Natural Gas Commercial Vehicle Revenue and Market Share by Application (2017-2022)

4.3 Leading Consumers of Natural Gas Commercial Vehicle by Application in 2022

4.4 Conclusion of Segment by Application

Chapter 5 Natural Gas Commercial Vehicle Market Segment Analysis by Sales Channel

5.1 Global Natural Gas Commercial Vehicle Market by Sales Channel

5.1.1 Direct Channel

5.1.2 Distribution Channel

5.2 Global Natural Gas Commercial Vehicle Revenue and Market Share by Sales Channel (2017-2022)

5.3 Leading Distributors/Dealers of Natural Gas Commercial Vehicle by Sales Channel in 2022

5.4 Conclusion of Segment by Sales Channel

Chapter 6 Natural Gas Commercial Vehicle Market Segment Analysis by Region

6.1 Global Natural Gas Commercial Vehicle Market Size and CAGR by Region (2017-2031)

6.2 Global Natural Gas Commercial Vehicle Sales and Market Share by Region (2017-2022)

6.3 Global Natural Gas Commercial Vehicle Revenue and Market Share by Region (2017-2022)

6.4 North America

6.4.1 North America Market by Country

6.4.2 North America Natural Gas Commercial Vehicle Market Share by Type

6.4.3 North America Natural Gas Commercial Vehicle Market Share by Application

6.4.4 United States

6.4.5 Canada

6.4.6 Mexico

6.5 Europe

6.5.1 Europe Market by Country

6.5.2 Europe Natural Gas Commercial Vehicle Market Share by Type

6.5.3 Europe Natural Gas Commercial Vehicle Market Share by Application

6.5.4 Germany

6.5.5 UK

6.5.6 France

6.5.7 Italy

6.5.8 Russia

6.5.9 Spain

6.6 Asia-Pacific

6.6.1 Asia-Pacific Market by Country

6.6.2 Asia-Pacific Natural Gas Commercial Vehicle Market Share by Type

6.6.3 Asia-Pacific Natural Gas Commercial Vehicle Market Share by Application

6.6.4 China

6.6.5 Japan

6.6.6 Korea

6.6.7 India

6.6.8 Southeast Asia

6.6.9 Australia

6.7 South America

6.7.1 South America Market by Country

6.7.2 South America Natural Gas Commercial Vehicle Market Share by Type

6.7.3 South America Natural Gas Commercial Vehicle Market Share by Application

6.7.4 Brazil

6.7.5 Argentina

6.7.6 Colombia

6.8 Middle East & Africa

6.8.1 Middle East & Africa Market by Country

6.8.2 Middle East & Africa Natural Gas Commercial Vehicle Market Share by Type

6.8.3 Middle East & Africa Natural Gas Commercial Vehicle Market Share by Application

6.8.4 UAE

6.8.5 Saudi Arabia

6.8.6 South Africa

6.9 Conclusion of Segment by Region

Chapter 7 Profile of Leading Natural Gas Commercial Vehicle Players

7.1 CNH Industrial

7.1.1 Company Snapshot

7.1.2 Product/Service Offered

7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

7.2 Daimler Trucks

7.3 General Motors

7.4 MAN Truck & Bus

7.5 Volvo Trucks

7.6 Beiqi Foton Motor

7.7 Dongfeng Motor

7.8 Fiat Chrysler Automobiles

7.9 Ford Motor

7.10 Isuzu Motors

7.11 Kamaz

7.12 Navistar

7.13 Renault

7.14 BYD

7.15 Yutong

7.16 Zhongtong Bus

7.17 King Long

7.18 C&C Truck

7.19 Ankai

7.20 Xiamen Golden Dragon

Chapter 8 Upstream and Downstream Analysis of Natural Gas Commercial Vehicle

8.1 Industrial Chain of Natural Gas Commercial Vehicle

8.2 Upstream of Natural Gas Commercial Vehicle

8.3 Downstream of Natural Gas Commercial Vehicle

Chapter 9 Development Trend of Natural Gas Commercial Vehicle (2023-2031)

9.1 Global Natural Gas Commercial Vehicle Market Size (Sales and Revenue) Forecast (2023-2031)

9.2 Global Natural Gas Commercial Vehicle Market Size and CAGR Forecast by Region (2023-2031)

9.3 Global Natural Gas Commercial Vehicle Market Size and CAGR Forecast by Type (2023-2031)

9.4 Global Natural Gas Commercial Vehicle Market Size and CAGR Forecast by Application (2023-2031)

9.5 Global Natural Gas Commercial Vehicle Market Size and CAGR Forecast by Sales Channel (2023-2031)

Chapter 10 Appendix

10.1 Research Methodology

10.2 Data Sources

10.3 Disclaimer

10.4 Analysts Certification

Tables & Figures:
Show more
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.
Natural Gas Commercial 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):
What trends are influencing the growth of the Natural Gas Commercial Vehicle Market?
New players are entering the Natural Gas Commercial Vehicle Market, while established companies are changing their business models and strategies. This pattern is likely to continue for the foreseeable future.
What are the major applications for Natural Gas Commercial Vehicle?
Natural Gas Commercial Vehicle has a wide range of applications, including and others.
What years are taken into account in the Natural Gas Commercial Vehicle Market study?
The Natural Gas Commercial Vehicle Market study evaluates the year spans as follows: Historical year: 2019 to 2024; Base year: 2024; Forecast period**: 2025 to 2030 [** unless otherwise stated]
Is further segmentation possible given the scope of the Natural Gas Commercial Vehicle Market study?
Yes, the add-on segmentation is available in the premium customised version of the Natural Gas Commercial Vehicle Market report for a more in-depth analysis. It aids in the calculation of refined and precise market values.
What are the primary data sources used to evaluate the Natural Gas Commercial Vehicle Market sizing?
The majority of data for the Natural Gas Commercial Vehicle Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.