Automotive Natural Gas Vehicle NGV Sales

Automotive Natural Gas Vehicle NGV Sales Market Outlook

The global Automotive Natural Gas Vehicle (NGV) sales market is projected to reach approximately USD 34.5 billion by 2035, with a compound annual growth rate (CAGR) of around 6.5% during the forecast period from 2025 to 2035. This growth can be attributed to several pivotal factors, including the increasing emphasis on reducing greenhouse gas emissions and the growing adoption of cleaner fuel alternatives in the transportation sector. Additionally, the rising fuel efficiency and cost-effectiveness of natural gas as a vehicle fuel compared to traditional diesel and gasoline options have further spurred market expansion. Government initiatives and incentives aimed at promoting the use of NGVs, combined with the improved infrastructure for natural gas refueling stations, are other critical elements that are positively influencing market dynamics. As environmental concerns continue to escalate, the shift toward sustainable transportation solutions, including NGVs, is expected to gain momentum, thereby enhancing market prospects.

Growth Factor of the Market

The growth of the Automotive Natural Gas Vehicle (NGV) sales market is significantly driven by several key factors that are shaping the landscape of the automotive industry. Firstly, the regulatory frameworks set by governments worldwide aimed at reducing carbon emissions are pushing manufacturers to invest in NGV technologies. This regulatory push is complemented by the increasing awareness among consumers regarding the environmental benefits of using NGVs as they produce lower emissions compared to conventional vehicles. Additionally, advancements in natural gas extraction technologies, such as hydraulic fracturing, have led to a more stable supply and reduced costs associated with natural gas, making it a more attractive option for both consumers and manufacturers. There is also a growing trend of fleet owners, especially in commercial sectors, shifting towards NGVs to reduce operating costs and improve fuel efficiency, which is further bolstering market growth. Moreover, the development of a robust NGV refueling infrastructure is enhancing consumer confidence and convenience, thereby facilitating broader adoption of this alternative fuel technology.

Key Highlights of the Market

• The Automotive NGV market is expected to register a CAGR of 6.5% from 2025 to 2035.
• Increased environmental regulations are driving the adoption of NGVs.
• Natural gas is gaining popularity due to its cost-effectiveness compared to traditional fuels.
• The expansion of refueling infrastructure is crucial for market growth.
• Commercial vehicles are predicted to dominate the market segment in the upcoming years.

By Vehicle Type

Passenger Cars:

Passenger cars represent a significant segment within the Automotive Natural Gas Vehicle (NGV) market, contributing to the overall growth as consumers increasingly seek cleaner and more sustainable transportation options. The adoption of NGVs in the passenger car segment is driven by the rising environmental consciousness among consumers, who are looking for vehicles that emit lower levels of pollutants. Additionally, advancements in natural gas technology have made passenger NGVs more efficient and comparable in performance to traditional gasoline vehicles. The integration of innovative designs and enhanced features in these vehicles has also attracted consumers, making them a viable alternative for personal use. Governments in various regions are further incentivizing this segment through tax breaks and subsidies, which motivate consumers to switch to NGVs. As fuel prices continue to rise and the demand for environmentally friendly options increases, the passenger car segment of the NGV market is expected to see substantial growth over the forecast period.

Commercial Vehicles:

Commercial vehicles represent a crucial segment in the Automotive Natural Gas Vehicle (NGV) market due to their substantial contribution to air pollution and greenhouse gas emissions. The shift towards NGVs in this category is driven by fleet operators who are increasingly aware of the cost savings associated with using natural gas as a fuel source. By transitioning to NGVs, businesses can significantly lower their operational expenditures through reduced fuel prices and lower maintenance costs. Furthermore, the performance of commercial NGVs has improved over the years, with manufacturers offering vehicles that meet the demanding requirements of fleet operations. The growing emphasis on corporate sustainability initiatives is also motivating businesses to adopt NGVs to enhance their environmental profiles. As governments continue to promote the use of cleaner fuels in the commercial vehicle fleet, this segment is anticipated to witness strong growth, thereby contributing significantly to the overall NGV market.

Off-road Vehicles:

The off-road vehicle segment within the Automotive Natural Gas Vehicle (NGV) market is experiencing significant growth due to the increasing application of natural gas-powered vehicles in various industrial sectors, including agriculture, construction, and mining. The use of NGVs in off-road applications is particularly attractive because it allows companies to reduce their carbon footprint while benefiting from the cost advantages of natural gas. Off-road vehicles powered by natural gas are designed to operate efficiently in challenging terrains while maintaining high torque and power output, which is essential for heavy-duty applications. Moreover, the development of specialized NGV technologies tailored for off-road vehicles is further enhancing their performance and reliability. As industries strive to meet stricter environmental regulations, the adoption of NGVs in the off-road sector is expected to grow, bolstering the overall market for automotive natural gas vehicles.

Two-wheelers:

The two-wheeler segment in the Automotive Natural Gas Vehicle (NGV) market is gaining traction, particularly in regions where two-wheelers are the primary mode of transportation. The introduction of natural gas-powered scooters and motorcycles is being driven by increasing urbanization and the need for efficient, low-emission vehicles in densely populated cities. NGVs in the two-wheeler category are recognized for their affordability, low operating costs, and environmentally friendly attributes, appealing to a broad consumer base. The growing concerns over air quality and noise pollution in urban settings are prompting governments to encourage the adoption of NG motorcycles and scooters as part of their environmental initiatives. This shift, coupled with the development of a supporting refueling infrastructure for NG two-wheelers, is expected to foster significant growth in this segment, making it an essential part of the overall NGV market.

Others:

The 'Others' category in the Automotive Natural Gas Vehicle (NGV) market includes specialized vehicles and applications not categorized under the primary segments. This may encompass vehicles used in niche markets such as emergency services, military applications, and other specialized commercial vehicles. The growth of this segment is being driven by the increasing recognition of the environmental benefits of using natural gas as a fuel source, particularly in applications where emissions and noise levels are critical considerations. Custom-built NGVs designed for specific tasks are also becoming more prevalent as manufacturers innovate to meet the unique needs of various industries. As awareness regarding the advantages of NGVs spreads, the 'Others' segment is anticipated to experience growth as industries seek to leverage the benefits of natural gas-powered vehicles.

By Fuel Type

CNG:

Compressed Natural Gas (CNG) is the most widely used fuel type in the Automotive Natural Gas Vehicle (NGV) market, primarily due to its availability, affordability, and environmental benefits. CNG is considered a cleaner alternative to gasoline or diesel, producing lower emissions and significantly reducing air pollutants. The increasing number of CNG refueling stations is facilitating the growth of CNG-powered vehicles, making them more accessible to consumers. Additionally, advancements in CNG technology, including improved storage and engine performance, have enhanced the appeal of CNG vehicles. Governments in many regions are also promoting CNG through incentives and subsidies, further encouraging its adoption. As urbanization continues to rise and cities impose stricter emission regulations, the demand for CNG vehicles is expected to witness substantial growth, solidifying its position as a dominant fuel type in the NGV market.

LNG:

Liquefied Natural Gas (LNG) is gaining traction in the Automotive Natural Gas Vehicle (NGV) market, particularly in heavy-duty vehicles and long-haul trucking applications. LNG offers several advantages over other fuel types, including higher energy density, which allows vehicles to travel longer distances without frequent refueling. This characteristic makes LNG an attractive option for commercial fleets seeking to enhance operational efficiency. LNG vehicles are particularly popular among transportation companies looking to reduce fuel costs while meeting environmental regulations. The expansion of LNG infrastructure, including refueling stations and distribution networks, is further propelling the growth of this fuel type. As the push for sustainability intensifies within the logistics and transportation sectors, the demand for LNG-powered vehicles is expected to rise significantly, contributing to the overall growth of the automotive NGV market.

Biogas:

Biogas, derived from organic materials through anaerobic digestion, is emerging as a sustainable fuel option within the Automotive Natural Gas Vehicle (NGV) market. The use of biogas as a fuel source is particularly appealing due to its renewable nature and potential to reduce greenhouse gas emissions significantly. Biogas can be processed to meet the same specifications as CNG, allowing it to be utilized in existing NGV infrastructure without significant modifications. This versatility makes biogas an attractive option for municipalities and companies focusing on sustainability and waste management. Furthermore, the increasing number of biogas plants and initiatives aimed at promoting renewable energy sources are boosting the adoption of biogas-powered vehicles. As the world shifts towards greener alternatives, the demand for biogas in the automotive sector is projected to grow, providing a substantial opportunity for market expansion.

By Sales Channel

OEMs:

Original Equipment Manufacturers (OEMs) play a pivotal role in the Automotive Natural Gas Vehicle (NGV) market, as they are responsible for manufacturing and designing vehicles that run on natural gas. The OEM segment is characterized by strong partnerships with component suppliers and a focus on innovation to enhance the performance and efficiency of NGVs. Many OEMs are investing in research and development to create more efficient engines and fuel systems tailored for natural gas, which is essential for attracting consumers to the NGV market. Moreover, OEMs are increasingly expanding their product lines to include a variety of NGV offerings, catering to diverse consumer needs, from passenger cars to commercial vehicles. As awareness about the benefits of NGVs grows, OEMs are likely to see enhanced demand for their natural gas-powered vehicles, positioning them as key players in the overall market dynamics.

Aftermarket:

The aftermarket segment in the Automotive Natural Gas Vehicle (NGV) market encompasses a range of services and products related to the maintenance and enhancement of NGVs post-purchase. This segment is essential for ensuring the longevity and efficiency of natural gas vehicles, as it includes services such as retrofitting conventional vehicles to run on natural gas, as well as the sale of replacement parts and accessories. The aftermarket is also witnessing increased demand for retrofitting services, where consumers are given the option to convert existing gasoline or diesel vehicles to run on natural gas, thereby expanding the potential customer base for NGVs. The growing number of service centers specializing in NGV maintenance is further fueling the aftermarket's growth. As the adoption of NGVs continues to rise, the aftermarket segment is expected to play a crucial role in supporting consumers with valuable services that enhance their vehicle ownership experience.

By Use

Transportation:

The transportation sector represents a significant use category in the Automotive Natural Gas Vehicle (NGV) market, as it includes passenger vehicles, commercial fleets, and public transport systems that utilize natural gas as a fuel source. The push for greener transportation solutions and government regulations aimed at reducing emissions are driving the adoption of NGVs in this sector. Transportation companies and public transportation agencies are increasingly investing in NGVs to lower operational costs and enhance their sustainability profiles. With advancements in natural gas technology and infrastructure, NGVs are becoming a viable option for long-distance transport, offering an appealing alternative to traditional fuel sources. As urbanization and environmental concerns continue to escalate, the transportation segment is expected to witness robust growth, solidifying its importance within the overall NGV market.

Industrial:

The industrial segment of the Automotive Natural Gas Vehicle (NGV) market encompasses various applications, including mining, construction, and other industrial operations that require heavy-duty vehicles. The adoption of NGVs in industrial applications is driven by the need for cost-effective and environmentally friendly solutions to meet regulatory standards. Natural gas offers a cleaner burning alternative to traditional fuels, providing industries with an opportunity to reduce emissions and enhance their corporate sustainability efforts. The performance capabilities of NGVs have improved, making them suitable for demanding industrial environments. Furthermore, as industries strive to lower their carbon footprints, the demand for NGVs in industrial applications is expected to grow, highlighting the significant role this segment plays in the overall market.

Others:

The 'Others' category in the Automotive Natural Gas Vehicle (NGV) market includes niche applications that may not fall under the primary use categories. This may encompass specialized vehicles employed in sectors such as emergency services, agriculture, and other unique industrial applications. The growth in this segment is driven by the increasing recognition of the benefits of using natural gas as a fuel source, particularly in environments where emissions and sustainability are critical considerations. Custom-built NGVs designed for specific tasks are becoming more prevalent as manufacturers innovate to meet the unique needs of various industries. As awareness regarding the advantages of NGVs spreads, the 'Others' segment is anticipated to witness growth as industries seek to leverage the benefits of natural gas-powered vehicles.

By Region

North America currently holds a significant share of the Automotive Natural Gas Vehicle (NGV) market, driven by the increasing adoption of natural gas-powered vehicles in both the commercial and passenger vehicle segments. The region's strong infrastructure for CNG refueling stations, along with favorable government policies supporting the transition to natural gas, has established a conducive environment for market growth. In 2023, North America accounted for approximately 35% of the global NGV market, with expectations of a CAGR of around 7% during the forecast period. The rising awareness among consumers regarding environmental sustainability and the cost advantages of natural gas over gasoline and diesel are further propelling the growth of the NGV market in this region.

In Europe, the Automotive Natural Gas Vehicle (NGV) market is experiencing steady growth, largely due to stringent emissions regulations and the European Union's commitment to reducing greenhouse gas emissions. Countries like Germany, Italy, and the Netherlands are at the forefront of adopting NGVs, making significant investments in refueling infrastructure to support this transition. In 2023, Europe represented approximately 30% of the global NGV market. The region is expected to maintain a robust growth rate, with a projected CAGR of 6% as more consumers and fleet operators opt for natural gas vehicles to comply with environmental regulations and benefit from lower operational costs.

Opportunities

The Automotive Natural Gas Vehicle (NGV) market presents numerous opportunities for growth, primarily driven by the increasing global emphasis on sustainability and reducing carbon footprints. One of the most promising opportunities lies in expanding the refueling infrastructure for natural gas vehicles, which is essential for facilitating broader adoption among consumers. As investments in CNG and LNG refueling stations increase, it will enhance the convenience and availability of natural gas as a fuel source, encouraging more individuals and businesses to transition to NGVs. Additionally, governments around the world are rolling out incentives and programs aimed at boosting the uptake of cleaner fuels, providing manufacturers and service providers in the NGV space with avenues to expand their market presence effectively. The shift towards renewable energy, particularly with biogas, also opens up new avenues for innovation and growth within the market, as stakeholders seek to harness the potential of biogas as a sustainable fuel alternative.

Moreover, technological advancements are significantly shaping the opportunities within the NGV market. Continuous improvements in engine efficiency, fuel storage solutions, and alternative fuel technologies are enhancing the overall appeal of NGVs. As manufacturers invest in research and development to create more advanced NGV technologies, the potential for market growth expands significantly. There is also an increasing trend among businesses and municipalities to invest in NGVs for their fleets, driven by economic benefits and corporate responsibility initiatives aimed at achieving sustainability targets. The convergence of technological innovations, supportive government policies, and growing consumer awareness creates a favorable landscape where multiple stakeholders can leverage opportunities for expansion in the Automotive NGV market.

Threats

The Automotive Natural Gas Vehicle (NGV) market faces several threats that could hinder its growth trajectory in the coming years. One of the primary challenges is the volatility of natural gas prices, which can fluctuate significantly based on market conditions. This price instability can deter consumers from investing in NGVs, as the perceived cost savings associated with natural gas could diminish if prices rise sharply. Additionally, competition from alternative fuel sources, such as electric vehicles (EVs), poses a significant threat to the NGV market. As EV technology continues to advance and charging infrastructure becomes more widespread, consumers may lean towards electric options, particularly in urban areas where emissions regulations are stringent. The transition to cleaner energy solutions can create a competitive landscape where NGVs must continuously evolve to maintain their market share.

Another threat is the potential lack of adequate refueling infrastructure, which could impede the widespread adoption of NGVs. While investments are being made to enhance the network of CNG and LNG stations, the pace of infrastructure development may not keep up with the growing demand for natural gas vehicles. This could lead to consumer frustration and reluctance to invest in NGVs due to concerns about fuel availability. Furthermore, the technological advancements in competing fuel sources, such as hydrogen fuel cell technology and battery storage solutions, could overshadow NGVs, making it essential for stakeholders to keep pace with innovations to remain relevant in the automotive industry.

Competitor Outlook

• Volkswagen AG
• Ford Motor Company
• Fiat Chrysler Automobiles (FCA)
• Honda Motor Co., Ltd.
• General Motors Company
• Mercedes-Benz AG
• MAN Truck & Bus
• Iveco S.p.A.
• Scania AB
• Hyundai Motor Company
• Volvo Group
• Westport Fuel Systems Inc.
• Clean Energy Fuels Corp.
• Natural Gas Vehicles Ltd.
• U.S. Natural Gas Corp.

The competitive landscape of the Automotive Natural Gas Vehicle (NGV) market is characterized by the presence of several key players who are actively involved in the development and promotion of natural gas vehicles. Major OEMs like Volkswagen, Ford, and Fiat Chrysler are investing heavily in R&D to enhance the performance and efficiency of NGVs, aiming to capture a larger share of the market. Additionally, these companies are forming strategic partnerships with fuel providers and technology developers to create a more integrated supply chain for natural gas vehicles. The competition is further intensified by the growing number of niche players focusing on retrofitting existing vehicles to run on natural gas, which provides consumers with more options and flexibility. As demand for cleaner transportation solutions continues to rise, the competition among manufacturers is expected to become more pronounced, pushing companies to innovate and differentiate their product offerings.

Volkswagen AG, one of the leading players in the NGV space, has launched several models that cater to the growing demand for natural gas passenger vehicles. The company is known for its commitment to sustainability and has been actively working to expand its natural gas vehicle lineup. Ford Motor Company also plays a significant role in the NGV market, providing various commercial vehicles that run on natural gas, addressing the needs of fleet operators looking for cost-effective and environmentally friendly solutions. Meanwhile, companies like Honda and General Motors are making strides in the development of advanced natural gas technologies, enhancing vehicle performance and consumer appeal. As the NGV market evolves, these key players will continue to shape the industry, leveraging their expertise and resources to drive innovation and capture market share.

In addition to the major automotive manufacturers, specialized companies like Westport Fuel Systems and Clean Energy Fuels Corp. are playing critical roles in the NGV ecosystem by providing necessary technologies and infrastructure for natural gas vehicles. Westport Fuel Systems focuses on delivering alternative fuel systems and components that enhance the performance of NGVs, while Clean Energy Fuels Corp. focuses on expanding the network of natural gas refueling stations across North America and other regions. These companies are essential to meeting the demands of the growing NGV market and ensuring that consumers have access to the necessary infrastructure to support their transition to natural gas vehicles. As the market continues to grow and evolve, these competitors will drive innovation, enhance consumer offerings, and promote the benefits of natural gas as a sustainable fuel source.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Scania AB
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Volvo Group
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Iveco S.p.A.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Volkswagen AG
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 MAN Truck & Bus
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Mercedes-Benz AG
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Ford Motor Company
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Honda Motor Co., Ltd.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Hyundai Motor Company
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 General Motors Company
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 U.S. Natural Gas Corp.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Clean Energy Fuels Corp.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Natural Gas Vehicles Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Westport Fuel Systems Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Fiat Chrysler Automobiles (FCA)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Automotive Natural Gas Vehicle NGV Sales Market, By Use
    • 6.1.1 Transportation
    • 6.1.2 Industrial
    • 6.1.3 Others
  • 6.2 Automotive Natural Gas Vehicle NGV Sales Market, By Vehicle Type
    • 6.2.1 Passenger Cars
    • 6.2.2 Commercial Vehicles
    • 6.2.3 Off-road Vehicles
    • 6.2.4 Two-wheelers
    • 6.2.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Automotive Natural Gas Vehicle NGV Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Automotive Natural Gas Vehicle NGV Sales market is categorized based on

By Vehicle Type

• Passenger Cars
• Commercial Vehicles
• Off-road Vehicles
• Two-wheelers
• Others

By Use

• Transportation
• Industrial
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Volkswagen AG
• Ford Motor Company
• Fiat Chrysler Automobiles (FCA)
• Honda Motor Co., Ltd.
• General Motors Company
• Mercedes-Benz AG
• MAN Truck & Bus
• Iveco S.p.A.
• Scania AB
• Hyundai Motor Company
• Volvo Group
• Westport Fuel Systems Inc.
• Clean Energy Fuels Corp.
• Natural Gas Vehicles Ltd.
• U.S. Natural Gas Corp.