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天然ガス自動車の2030年までの市場予測:燃料タイプ別、車両タイプ別、地域別の世界分析

Automotive Natural Gas Vehicle Market Forecasts to 2030 - Global Analysis By Fuel Type (Compressed Natural Gas, Liquefied Natural Gas and Other Fuel Types), Vehicle Type and By Geography

出版日: | 発行: Stratistics Market Research Consulting | ページ情報: 英文 175+ Pages | 納期: 2~3営業日

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天然ガス自動車の2030年までの市場予測:燃料タイプ別、車両タイプ別、地域別の世界分析
出版日: 2023年08月01日
発行: Stratistics Market Research Consulting
ページ情報: 英文 175+ Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

Stratistics MRCによると、世界の天然ガス自動車市場は2023年に130億米ドルを占め、2030年には228億7,000万米ドルに達すると予測され、予測期間中のCAGRは8.4%です。

天然ガス(CNGまたはLNG)は、ディーゼルやガソリンに比べて炭素含有量が少ないです。これらのガスを使用すると、燃料はより効率的に燃焼し、排出物も少なくなります。さらに、天然ガスのコストはディーゼルよりも予測しやすく安定しています。フリート・オペレーターは燃料を節約し、二酸化炭素排出量を減らすことができるため、天然ガストラックやバスの人気が高まっています。

ドイツ自動車工業会(VDA)によると、欧州では2021年上半期に510万台の乗用車が登録され、2020年比で39%減少しました。

費用対効果と燃料価格の安定

自動車用天然ガス市場は、燃料固有の費用対効果から恩恵を受けています。天然ガスは一般的にガソリンやディーゼルよりも安価であるため、NGVはフリートオーナー、公共交通機関、燃料消費量の多い公開会社にとって経済的に魅力的な選択肢です。さらに、石油ベースの燃料と比較して、天然ガスの価格はより安定しており、予期しない価格変動の影響を受けにくい傾向にあります。燃料市場が不安定な時期には、この安定性がNGVユーザーにコストの予測可能性を提供し、競争上の優位性をもたらします。

燃料補給のためのインフラが限られている

容易に利用できる燃料補給インフラの不足は、自動車用天然ガス車(NGV)市場の成長にとって大きな障壁の一つです。液化天然ガス(LNG)や圧縮天然ガス(CNG)による燃料補給のためのインフラは拡大しつつあるが、ガソリンやディーゼルによる燃料補給のための伝統的なネットワークに比べると、その規模はまだ小さいです。しかし、この制限は、特に燃料補給ステーションが乏しい地域でのNGVの普及を阻み、航続距離に対する不安を高め、NGVユーザーの移動の柔軟性を制限しています。

グリーン輸送への取り組み

天然ガス自動車の世界市場は、環境に優しい交通手段を重視する傾向が強まっていることから、予測期間中に成長を促進すると予想されます。温室効果ガスの排出を削減し大気汚染と闘うために、グリーン輸送への取り組みが世界中の政府や環境団体によって支援されています。二酸化炭素や粒子状物質の排出量が少ないNGVは、従来のガソリン車やディーゼル車よりも環境に優しい選択肢です。さらに、持続可能性の目標を達成するための重要な要素としてNGVを普及させ、環境意識の高い顧客を誘致し、グリーンモビリティを支援する政府・非政府組織との提携を深めることにもチャンスがあります。

天然ガスの価格変動

天然ガス自動車の世界市場は、予測期間中の成長を妨げると予想されます。天然ガス価格の変動は、天然ガス自動車(NGV)市場において、NGVと従来のガソリン車やディーゼル車との費用対効果の比較に影響を与える可能性があります。NGVのコスト優位性は、天然ガス価格の急激な上昇によって損なわれる可能性があり、フリート事業者や消費者に対するNGVの魅力は低下します。さらに、世界のエネルギー市場の不安定な性質が、NGVの採用に関する長期計画を不確実なものにし、投資の選択に迷いを生じさせる可能性があります。

COVID-19の影響:

COVID-19パンデミックは2020年に全世界に広がっています。このパンデミックによって生産が中断され、サプライチェーンが困難に見舞われ、消費者の需要が低下しました。ロックダウン、旅行制限、経済の曖昧さにより、自動車販売が減少し、NGVのような最先端技術への投資も遅れました。パンデミックによる石油価格の下落は、輸送用燃料としての天然ガスの価格がいかに合理的であったかに影響を与えました。しかし、世界が回復に向かうにつれ、環境に優しく持続可能な輸送手段が重視されるようになり、NGV市場、特に手頃な価格で責任ある代替品を探している商業および公共輸送セクターに新たな機会がもたらされる可能性があります。

予測期間中、圧縮天然ガス(CNG)セグメントが最大となる見込み

予測期間中、圧縮天然ガス(CNG)セグメントが最大のシェアを占めると予想されます。CNGはその実用性、扱いやすさ、手頃な価格から輸送用途に好まれています。高圧貯蔵が可能なため、圧縮天然ガス(CNG)は乗用車、バス、商用車など様々な車両に適しています。この高圧貯蔵により、CNGはコンパクトに貯蔵でき、走行距離も長くなります。さらに、NGV市場におけるCNGの優位性は、多くの地域でCNG燃料補給ステーションのインフラが十分に整備されていることによってさらに裏付けられています。

予測期間中にCAGRが最も高くなると予想される乗用車セグメント

乗用車セグメントは、予測期間中に最も速いCAGRの成長が見込まれます。特に乗用車セグメントにおける電気自動車(EV)の需要は、環境に優しく持続可能な輸送ソリューションが重視されるようになったことが背景にあります。さらに、電気乗用車の急速な拡大は、バッテリー技術や充電インフラの改善、EV導入に対する政府のインセンティブによって促進されています。消費者や政府が二酸化炭素排出量の削減を優先し、より環境に優しいモビリティへとシフトしているため、電気乗用車の成長は他の自動車産業セグメントを上回っています。

最大のシェアを占める地域:

アジア太平洋地域市場は、予測期間中、世界の天然ガス自動車市場で最大のシェアを占めると予測されます。同地域の人口規模、急速な都市化、購買力の上昇を伴う中間層の拡大などが、同地域の優位性に寄与しています。アジア太平洋地域の自動車市場に大きく貢献しているのは、韓国、中国、インド、日本です。この地域の力強い産業成長と経済拡大が、二輪車、商用車、乗用車の需要を高めています。さらに、この地域の自動車需要は、政府のイニシアティブ、都市化の進展、インフラの成長によって押し上げられています。

CAGRが最も高い地域:

予測期間中、欧州のCAGRが最も高いと予測されます。豊かな自動車の歴史を持つ欧州には、数多くの有名自動車メーカーが拠点を置いています。この地域の自動車産業は、高級車、ハイエンド・ブランド、パワフルな自動車など、多種多様な自動車によって特徴付けられています。また、欧州諸国では厳しい排ガス規制があり、持続可能性への関心が高まっているため、電気自動車やハイブリッド車への投資も盛んです。さらに、最先端の自動車ソリューションに対する需要は、安全性、最先端技術、プレミアム機能に対する欧州消費者の嗜好が後押ししています。

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目次

第1章 エグゼクティブサマリー

第2章 序文

  • 概要
  • ステークホルダー
  • 調査範囲
  • 調査手法
    • データマイニング
    • データ分析
    • データ検証
    • 調査アプローチ
  • 調査ソース
    • 1次調査ソース
    • 2次調査ソース
    • 仮定

第3章 市場動向分析

  • 促進要因
  • 抑制要因
  • 機会
  • 脅威
  • 新興市場
  • 新型コロナウイルス感染症(COVID-19)の影響

第4章 ポーターのファイブフォース分析

  • 供給企業の交渉力
  • 買い手の交渉力
  • 代替品の脅威
  • 新規参入業者の脅威
  • 競争企業間の敵対関係

第5章 世界の天然ガス自動車市場:燃料タイプ別

  • 圧縮天然ガス(CNG)
  • 液化天然ガス(LNG)
  • その他の燃料タイプ

第6章 世界の天然ガス自動車市場:車両タイプ別

  • 乗用車
  • 商用車
  • 小型および大型バスおよびトラック
  • 三輪車
  • ハッチバック
  • セダン
  • その他の車種

第7章 世界の天然ガス自動車市場:地域別

  • 北米
    • 米国
    • カナダ
    • メキシコ
  • 欧州
    • ドイツ
    • 英国
    • イタリア
    • フランス
    • スペイン
    • その他欧州
  • アジア太平洋地域
    • 日本
    • 中国
    • インド
    • オーストラリア
    • ニュージーランド
    • 韓国
    • その他アジア太平洋地域
  • 南米
    • アルゼンチン
    • ブラジル
    • チリ
    • その他南米
  • 中東とアフリカ
    • サウジアラビア
    • アラブ首長国連邦
    • カタール
    • 南アフリカ
    • その他中東とアフリカ

第8章 主な発展

  • 契約、パートナーシップ、コラボレーション、合弁事業
  • 買収と合併
  • 新製品の発売
  • 事業拡大
  • その他の主要戦略

第9章 会社概要

  • Audi AG
  • BMW Group
  • Ford Motor Company
  • General Motors
  • Honda Motor Co., Ltd.
  • Hyundai Motor India Ltd.
  • ISUZU MOTORS LIMITED
  • Landi Renzo SPA
  • Maruti Suzuki India Limited
  • Mercedes
  • Navistar, Inc.
  • Nissan Motor Co., Ltd.
  • PACCAR Inc.
  • Quantum Fuel Systems LLC.
  • Renault Group
  • Suzuki Motor Corporation
  • Tata Motors
  • Toyota Motor Corporation
  • Volkswagen Group
  • Volvo Group
  • Westport Fuel Systems Inc.
図表

List of Tables

  • Table 1 Global Automotive Natural Gas Vehicle Market Outlook, By Region (2021-2030) ($MN)
  • Table 2 Global Automotive Natural Gas Vehicle Market Outlook, By Fuel Type (2021-2030) ($MN)
  • Table 3 Global Automotive Natural Gas Vehicle Market Outlook, By Compressed Natural Gas (CNG) (2021-2030) ($MN)
  • Table 4 Global Automotive Natural Gas Vehicle Market Outlook, By Liquefied Natural Gas (LNG) (2021-2030) ($MN)
  • Table 5 Global Automotive Natural Gas Vehicle Market Outlook, By Other Fuel Types (2021-2030) ($MN)
  • Table 6 Global Automotive Natural Gas Vehicle Market Outlook, By Vehicle Type (2021-2030) ($MN)
  • Table 7 Global Automotive Natural Gas Vehicle Market Outlook, By Passenger cars (2021-2030) ($MN)
  • Table 8 Global Automotive Natural Gas Vehicle Market Outlook, By Commercial vehicles (2021-2030) ($MN)
  • Table 9 Global Automotive Natural Gas Vehicle Market Outlook, By Light-duty & Heavy-duty Buses and Trucks (2021-2030) ($MN)
  • Table 10 Global Automotive Natural Gas Vehicle Market Outlook, By Three-wheelers (2021-2030) ($MN)
  • Table 11 Global Automotive Natural Gas Vehicle Market Outlook, By Hatchback (2021-2030) ($MN)
  • Table 12 Global Automotive Natural Gas Vehicle Market Outlook, By Sedan (2021-2030) ($MN)
  • Table 13 Global Automotive Natural Gas Vehicle Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
  • Table 14 North America Automotive Natural Gas Vehicle Market Outlook, By Country (2021-2030) ($MN)
  • Table 15 North America Automotive Natural Gas Vehicle Market Outlook, By Fuel Type (2021-2030) ($MN)
  • Table 16 North America Automotive Natural Gas Vehicle Market Outlook, By Compressed Natural Gas (CNG) (2021-2030) ($MN)
  • Table 17 North America Automotive Natural Gas Vehicle Market Outlook, By Liquefied Natural Gas (LNG) (2021-2030) ($MN)
  • Table 18 North America Automotive Natural Gas Vehicle Market Outlook, By Other Fuel Types (2021-2030) ($MN)
  • Table 19 North America Automotive Natural Gas Vehicle Market Outlook, By Vehicle Type (2021-2030) ($MN)
  • Table 20 North America Automotive Natural Gas Vehicle Market Outlook, By Passenger cars (2021-2030) ($MN)
  • Table 21 North America Automotive Natural Gas Vehicle Market Outlook, By Commercial vehicles (2021-2030) ($MN)
  • Table 22 North America Automotive Natural Gas Vehicle Market Outlook, By Light-duty & Heavy-duty Buses and Trucks (2021-2030) ($MN)
  • Table 23 North America Automotive Natural Gas Vehicle Market Outlook, By Three-wheelers (2021-2030) ($MN)
  • Table 24 North America Automotive Natural Gas Vehicle Market Outlook, By Hatchback (2021-2030) ($MN)
  • Table 25 North America Automotive Natural Gas Vehicle Market Outlook, By Sedan (2021-2030) ($MN)
  • Table 26 North America Automotive Natural Gas Vehicle Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
  • Table 27 Europe Automotive Natural Gas Vehicle Market Outlook, By Country (2021-2030) ($MN)
  • Table 28 Europe Automotive Natural Gas Vehicle Market Outlook, By Fuel Type (2021-2030) ($MN)
  • Table 29 Europe Automotive Natural Gas Vehicle Market Outlook, By Compressed Natural Gas (CNG) (2021-2030) ($MN)
  • Table 30 Europe Automotive Natural Gas Vehicle Market Outlook, By Liquefied Natural Gas (LNG) (2021-2030) ($MN)
  • Table 31 Europe Automotive Natural Gas Vehicle Market Outlook, By Other Fuel Types (2021-2030) ($MN)
  • Table 32 Europe Automotive Natural Gas Vehicle Market Outlook, By Vehicle Type (2021-2030) ($MN)
  • Table 33 Europe Automotive Natural Gas Vehicle Market Outlook, By Passenger cars (2021-2030) ($MN)
  • Table 34 Europe Automotive Natural Gas Vehicle Market Outlook, By Commercial vehicles (2021-2030) ($MN)
  • Table 35 Europe Automotive Natural Gas Vehicle Market Outlook, By Light-duty & Heavy-duty Buses and Trucks (2021-2030) ($MN)
  • Table 36 Europe Automotive Natural Gas Vehicle Market Outlook, By Three-wheelers (2021-2030) ($MN)
  • Table 37 Europe Automotive Natural Gas Vehicle Market Outlook, By Hatchback (2021-2030) ($MN)
  • Table 38 Europe Automotive Natural Gas Vehicle Market Outlook, By Sedan (2021-2030) ($MN)
  • Table 39 Europe Automotive Natural Gas Vehicle Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
  • Table 40 Asia Pacific Automotive Natural Gas Vehicle Market Outlook, By Country (2021-2030) ($MN)
  • Table 41 Asia Pacific Automotive Natural Gas Vehicle Market Outlook, By Fuel Type (2021-2030) ($MN)
  • Table 42 Asia Pacific Automotive Natural Gas Vehicle Market Outlook, By Compressed Natural Gas (CNG) (2021-2030) ($MN)
  • Table 43 Asia Pacific Automotive Natural Gas Vehicle Market Outlook, By Liquefied Natural Gas (LNG) (2021-2030) ($MN)
  • Table 44 Asia Pacific Automotive Natural Gas Vehicle Market Outlook, By Other Fuel Types (2021-2030) ($MN)
  • Table 45 Asia Pacific Automotive Natural Gas Vehicle Market Outlook, By Vehicle Type (2021-2030) ($MN)
  • Table 46 Asia Pacific Automotive Natural Gas Vehicle Market Outlook, By Passenger cars (2021-2030) ($MN)
  • Table 47 Asia Pacific Automotive Natural Gas Vehicle Market Outlook, By Commercial vehicles (2021-2030) ($MN)
  • Table 48 Asia Pacific Automotive Natural Gas Vehicle Market Outlook, By Light-duty & Heavy-duty Buses and Trucks (2021-2030) ($MN)
  • Table 49 Asia Pacific Automotive Natural Gas Vehicle Market Outlook, By Three-wheelers (2021-2030) ($MN)
  • Table 50 Asia Pacific Automotive Natural Gas Vehicle Market Outlook, By Hatchback (2021-2030) ($MN)
  • Table 51 Asia Pacific Automotive Natural Gas Vehicle Market Outlook, By Sedan (2021-2030) ($MN)
  • Table 52 Asia Pacific Automotive Natural Gas Vehicle Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
  • Table 53 South America Automotive Natural Gas Vehicle Market Outlook, By Country (2021-2030) ($MN)
  • Table 54 South America Automotive Natural Gas Vehicle Market Outlook, By Fuel Type (2021-2030) ($MN)
  • Table 55 South America Automotive Natural Gas Vehicle Market Outlook, By Compressed Natural Gas (CNG) (2021-2030) ($MN)
  • Table 56 South America Automotive Natural Gas Vehicle Market Outlook, By Liquefied Natural Gas (LNG) (2021-2030) ($MN)
  • Table 57 South America Automotive Natural Gas Vehicle Market Outlook, By Other Fuel Types (2021-2030) ($MN)
  • Table 58 South America Automotive Natural Gas Vehicle Market Outlook, By Vehicle Type (2021-2030) ($MN)
  • Table 59 South America Automotive Natural Gas Vehicle Market Outlook, By Passenger cars (2021-2030) ($MN)
  • Table 60 South America Automotive Natural Gas Vehicle Market Outlook, By Commercial vehicles (2021-2030) ($MN)
  • Table 61 South America Automotive Natural Gas Vehicle Market Outlook, By Light-duty & Heavy-duty Buses and Trucks (2021-2030) ($MN)
  • Table 62 South America Automotive Natural Gas Vehicle Market Outlook, By Three-wheelers (2021-2030) ($MN)
  • Table 63 South America Automotive Natural Gas Vehicle Market Outlook, By Hatchback (2021-2030) ($MN)
  • Table 64 South America Automotive Natural Gas Vehicle Market Outlook, By Sedan (2021-2030) ($MN)
  • Table 65 South America Automotive Natural Gas Vehicle Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
  • Table 66 Middle East & Africa Automotive Natural Gas Vehicle Market Outlook, By Country (2021-2030) ($MN)
  • Table 67 Middle East & Africa Automotive Natural Gas Vehicle Market Outlook, By Fuel Type (2021-2030) ($MN)
  • Table 68 Middle East & Africa Automotive Natural Gas Vehicle Market Outlook, By Compressed Natural Gas (CNG) (2021-2030) ($MN)
  • Table 69 Middle East & Africa Automotive Natural Gas Vehicle Market Outlook, By Liquefied Natural Gas (LNG) (2021-2030) ($MN)
  • Table 70 Middle East & Africa Automotive Natural Gas Vehicle Market Outlook, By Other Fuel Types (2021-2030) ($MN)
  • Table 71 Middle East & Africa Automotive Natural Gas Vehicle Market Outlook, By Vehicle Type (2021-2030) ($MN)
  • Table 72 Middle East & Africa Automotive Natural Gas Vehicle Market Outlook, By Passenger cars (2021-2030) ($MN)
  • Table 73 Middle East & Africa Automotive Natural Gas Vehicle Market Outlook, By Commercial vehicles (2021-2030) ($MN)
  • Table 74 Middle East & Africa Automotive Natural Gas Vehicle Market Outlook, By Light-duty & Heavy-duty Buses and Trucks (2021-2030) ($MN)
  • Table 75 Middle East & Africa Automotive Natural Gas Vehicle Market Outlook, By Three-wheelers (2021-2030) ($MN)
  • Table 76 Middle East & Africa Automotive Natural Gas Vehicle Market Outlook, By Hatchback (2021-2030) ($MN)
  • Table 77 Middle East & Africa Automotive Natural Gas Vehicle Market Outlook, By Sedan (2021-2030) ($MN)
  • Table 78 Middle East & Africa Automotive Natural Gas Vehicle Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
目次
Product Code: SMRC23613

According to Stratistics MRC, the Global Automotive Natural Gas Vehicle Market is accounted for $13.0 billion in 2023 and is expected to reach $22.87 billion by 2030 growing at a CAGR of 8.4% during the forecast period. Natural gas (CNG or LNG) has a lower carbon content as compared to diesel or gasoline. When these gases are used, fuel burns more efficiently and produces fewer emissions. Additionally, the cost of natural gas is more predictable and stable than that of diesel. Because fleet operators can save on fuel and lessen their carbon footprint, natural gas trucks and buses are becoming more popular.

According to the German Association of the Automotive Industry (VDA), in Europe, 5.1 million passenger cars were registered in the first half of 2021, which is 39% less compared to 2020.

Market Dynamics:

Driver:

Cost effectiveness and fuel price stability

The natural gas market for automobiles benefits from the fuel's inherent cost-effectiveness. Since natural gas is typically less expensive than gasoline and diesel, NGVs are a financially appealing option for fleet owners, public transportation organizations, and companies with high fuel consumption requirements. Additionally, compared to petroleum-based fuels, natural gas prices tend to be more stable and less prone to unexpected price changes. In times of volatile fuel markets, this stability offers cost predictability for NGV users, giving them a competitive advantage.

Restraint:

Limited infrastructure for refueling

The lack of readily accessible refueling infrastructure is one of the major barriers to the growth of the automotive natural gas vehicle (NGV) market. Although the infrastructure for refueling with liquefied natural gas (LNG) and compressed natural gas (CNG) is expanding, it is still less extensive than traditional networks for refueling with gasoline and diesel. However, this restriction prevents the widespread use of NGVs, especially in areas with a dearth of refueling stations, raising worries about range anxiety and limiting the flexibility of NGV users' travel.

Opportunity:

Initiatives for green transportation

The global Automotive Natural Gas Vehicle market expected to drive growth during the forecast period, due to the growing emphasis on environmentally friendly transportation options. Green transportation initiatives are being supported by governments and environmental organizations all over the world to reduce greenhouse gas emissions and combat air pollution. Due to their lower carbon dioxide and particulate matter emissions, NGVs represent a more environmentally friendly option to traditional gasoline and diesel vehicles. Additionally, the chance lies in promoting NGVs as a crucial component of achieving sustainability goals, luring eco-aware customers, and cultivating alliances with governmental and non-governmental organizations supporting green mobility.

Threat:

Price variations for natural gas

The global Automotive Natural Gas Vehicle market expected to hamper growth during the forecast period. Natural gas price fluctuations can affect how cost-effectively using NGVs versus conventional gasoline and diesel vehicles is compared in the automotive natural gas vehicle (NGV) market. The cost advantages of NGVs may be diminished by sudden increases in natural gas prices, which will reduce their appeal to fleet operators and consumers. Additionally, the erratic nature of the global energy market may make long-term planning for the adoption of NGVs uncertain, possibly causing hesitation in investment choices.

COVID-19 Impact:

COVID-19 pandemic was spread across the globe in 2020. The pandemic caused production to be disrupted, the supply chain to experience difficulties, and consumer demand to decline. Lockdowns, travel restrictions, and economic ambiguity caused a decline in vehicle sales as well as a delay in investments in cutting-edge technologies like NGVs. The pandemic's drop in oil prices had an effect on how reasonably priced natural gas was as a transportation fuel. However, as the world moves toward recovery, the emphasis on environmentally friendly and sustainable transportation options may present new opportunities for the NGV market, particularly in the commercial and public transportation sectors looking for affordable and responsible substitutes.

The Compressed Natural Gas (CNG) segment is expected to be the largest during the forecast period

The Compressed Natural Gas (CNG) segment is expected to be the largest share during the forecast period. CNG is preferred for transportation applications due to its practicality, ease of handling, and affordability. Due to its high-pressure storage, compressed natural gas (CNG) is suitable for a variety of vehicles, including passenger cars, buses, and commercial fleets. This high-pressure storage also enables CNG to be stored compactly and has longer driving ranges. Furthermore, its dominance in the NGV market is further supported by the well-developed infrastructure for CNG refueling stations in many regions.

The Passenger Cars segment is expected to have the highest CAGR during the forecast period

The Passenger Cars segment is anticipated to witness the fastest CAGR growth during the forecast period. The demand for electric vehicles (EVs), particularly in the passenger car segment, has been fueled by the growing emphasis on environmentally friendly and sustainable transportation solutions. Moreover, the quick expansion of electric passenger cars has been facilitated by improvements in battery technology, charging infrastructure, and government incentives for EV adoption. The growth of electric passenger cars has outpaced that of other automotive industry segments as consumers and governments prioritize cutting carbon emissions and shifting to greener mobility.

Region with largest share:

The Asia-Pacific region market is estimated to witness a largest share of the global Automotive Natural Gas Vehicle market during the forecast period. The region's sizeable population, rapid urbanization, and expanding middle-class population with rising purchasing power are all factors contributing to its dominance. Major contributors to the Asia-Pacific automotive market include South Korea, China, India, and Japan. Strong industrial growth and economic expansion in the area have increased demand for two-wheelers, commercial vehicles, and passenger cars. Additionally, regional demand for cars has been boosted by government initiatives, growing urbanization, and infrastructure growth.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period. Numerous well-known automakers are based in Europe, which has a rich automotive history. The automotive industry in the area is distinguished by a wide variety of automobiles, including luxury cars, high-end brands, and powerful automobiles. European nations also have strict emissions regulations and a growing interest in sustainability, which has resulted in substantial investments in electric and hybrid vehicles. Furthermore, the demand for cutting-edge automotive solutions is fueled by European consumers' preferences for safety, cutting-edge technology, and premium features.

Key players in the market:

Some of the key players in Automotive Natural Gas Vehicle market include: Audi AG, BMW Group, Ford Motor Company , General Motors, Honda Motor Co., Ltd., Hyundai Motor India Ltd., ISUZU MOTORS LIMITED, Landi Renzo SPA, Maruti Suzuki India Limited, Mercedes, Navistar, Inc., Nissan Motor Co., Ltd., PACCAR Inc., Quantum Fuel Systems LLC., Renault Group, Suzuki Motor Corporation, Tata Motors, Toyota Motor Corporation, Volkswagen Group, Volvo Group and Westport Fuel Systems Inc.

Key Developments:

In October 2022, Volvo partnered with CMB.TECH, a developer and integrator of hydrogen solutions. Through this partnership, the company aimed to advance the dual-fuel hydrogen-powered technologies development for land and sea applications. The partnership will involve small-scale industrialization projects along with some pilot projects, offering them access to hydrogen solutions for decreasing emissions of greenhouse gases.

In September 2022, Westport Fuel Systems unveiled H2 HPDI, a fuel system developed for heavy-duty vehicles. The H2 HPDI is designed to decrease CO2 emissions to conform to the decarbonization goals of the EU. The hydrogen solution offers increased energy efficiency and is workable with existing manufacturing assets and engines.

In August 2022, Hexagon took over Cryoshelter, a developer of cryogenic tank technology from Austria. Through this acquisition, the company focused on strengthening its attempts of decarbonizing heavy-duty vehicles by incorporating the disruptive technology of Cryoshelter. The acquisition primarily focused on the European market where the limited space available on trucks had increased the demand for energy-efficient and clean cryogenic RLNG/LNG fuels.

Fuel Types Covered:

  • Compressed Natural Gas (CNG)
  • Liquefied Natural Gas (LNG)
  • Other Fuel Types

Vehicle Types Covered:

  • Passenger cars
  • Commercial vehicles
  • Light-duty & Heavy-duty Buses and Trucks
  • Three-wheelers
  • Hatchback
  • Sedan
  • Other Vehicle Types

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Emerging Markets
  • 3.7 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Automotive Natural Gas Vehicle Market, By Fuel Type

  • 5.1 Introduction
  • 5.2 Compressed Natural Gas (CNG)
  • 5.3 Liquefied Natural Gas (LNG)
  • 5.4 Other Fuel Types

6 Global Automotive Natural Gas Vehicle Market, By Vehicle Type

  • 6.1 Introduction
  • 6.2 Passenger cars
  • 6.3 Commercial vehicles
  • 6.4 Light-duty & Heavy-duty Buses and Trucks
  • 6.5 Three-wheelers
  • 6.6 Hatchback
  • 6.7 Sedan
  • 6.8 Other Vehicle Types

7 Global Automotive Natural Gas Vehicle Market, By Geography

  • 7.1 Introduction
  • 7.2 North America
    • 7.2.1 US
    • 7.2.2 Canada
    • 7.2.3 Mexico
  • 7.3 Europe
    • 7.3.1 Germany
    • 7.3.2 UK
    • 7.3.3 Italy
    • 7.3.4 France
    • 7.3.5 Spain
    • 7.3.6 Rest of Europe
  • 7.4 Asia Pacific
    • 7.4.1 Japan
    • 7.4.2 China
    • 7.4.3 India
    • 7.4.4 Australia
    • 7.4.5 New Zealand
    • 7.4.6 South Korea
    • 7.4.7 Rest of Asia Pacific
  • 7.5 South America
    • 7.5.1 Argentina
    • 7.5.2 Brazil
    • 7.5.3 Chile
    • 7.5.4 Rest of South America
  • 7.6 Middle East & Africa
    • 7.6.1 Saudi Arabia
    • 7.6.2 UAE
    • 7.6.3 Qatar
    • 7.6.4 South Africa
    • 7.6.5 Rest of Middle East & Africa

8 Key Developments

  • 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 8.2 Acquisitions & Mergers
  • 8.3 New Product Launch
  • 8.4 Expansions
  • 8.5 Other Key Strategies

9 Company Profiling

  • 9.1 Audi AG
  • 9.2 BMW Group
  • 9.3 Ford Motor Company
  • 9.4 General Motors
  • 9.5 Honda Motor Co., Ltd.
  • 9.6 Hyundai Motor India Ltd.
  • 9.7 ISUZU MOTORS LIMITED
  • 9.8 Landi Renzo SPA
  • 9.9 Maruti Suzuki India Limited
  • 9.10 Mercedes
  • 9.11 Navistar, Inc.
  • 9.12 Nissan Motor Co., Ltd.
  • 9.13 PACCAR Inc.
  • 9.14 Quantum Fuel Systems LLC.
  • 9.15 Renault Group
  • 9.16 Suzuki Motor Corporation
  • 9.17 Tata Motors
  • 9.18 Toyota Motor Corporation
  • 9.19 Volkswagen Group
  • 9.20 Volvo Group
  • 9.21 Westport Fuel Systems Inc.