Asia Pacific CNG Powertrain Market Size, Share & Industry Trends Analysis Report By Fuel Type (Bi-fuel and Mono Fuel), By Vehicle Type (Passenger Vehicle and Commercial Vehicle), By Drive Type, By Country and Growth Forecast, 2022 - 2028

The Asia Pacific CNG Powertrain Market would witness market growth of 16.3% CAGR during the forecast period (2022-2028).

The demand for CNG powertrain has surged as a result of government initiatives and a shift in consumer preferences toward less carbon-emitting automobiles. Manufacturing and industrial activities all around the world were halted as a result of the pandemic. Manufacturers of CNG powertrains are concentrating the efforts on increasing vehicle engine efficiency. Such manufacturers are working to improve engine performance by lowering volumetric efficiency loss, boosting flame propagation speed, and lowering fuel evaporation. In addition, leading automakers are incorporating innovative technologies into CNG vehicles.

S-CNG technology, for example, is used in passenger automobiles to improve fuel efficiency by managing the fuel-to-air ratio and synchronizing the electric control units and the intelligent fuel injection system. Moreover, through technology unification, the CNG system is better calibrated with the powertrain, suspension, and brake system, resulting in S-CNG technology improving the vehicle's total economy.

The transportation sector of India is substantially using oil as a fuel alternative and it is creating huge import cost burden on the region, and this enhances the need of sustainable alternative fuel like CNG to be used for vehicles. The vehicle-related raw materials and components accounted for significant amount in imports of whole nation. Additionally, usage of CNG as a fuel will result in least carbon emission in the environment. From the perspectives of energy security, import dependency, and carbon emissions, there is a great need to comprehensively introduce CNG gas as an alternative fuel for powertrains.

Oil imports will be addressed by the push toward CNG automobiles. Owing to the majority of the CNG gas comes from sustainable sources, the problems of dependence on imported raw materials and components and carbon emissions would be resolved. To fully reap the rewards of the switch to CNG powertrain, the supply chain must be continuously localised. Adopting CNG gas as a substitute would results in reduced burden of total import cost per vehicle. Purchasing CNG fuel would domestically saves a lot of money in this region.

The China market dominated the Asia Pacific CNG Powertrain Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $31,449.1 Million by 2028. The Japan market is anticipated to grow at a CAGR of 15.6% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 17% during (2022 - 2028).

Based on Fuel Type, the market is segmented into Bi-fuel and Mono Fuel. Based on Vehicle Type, the market is segmented into Passenger Vehicle and Commercial Vehicle. Based on Drive Type, the market is segmented into Front Wheel Drive, All-wheel Drive, and Rear Wheel Drive. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide CNG Powertrain Market is Projected to reach USD 185.5 Billion by 2028, at a CAGR of 16.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Maruti Suzuki India Limited, FPT Industrial (Iveco Group), Volvo Group, Honda Motor Co. Ltd., Cummins, Inc., Hyundai Motor Company, Volkswagen AG, Ford Motor Company, Bosch Rexroth AG (Robert Bosch GmbH), and Nissan Motor Corporation.

Scope of the Study

Market Segments Covered in the Report:

By Fuel Type

• Bi-fuel
• Mono Fuel

By Vehicle Type

• Passenger Vehicle
• Commercial Vehicle

By Drive Type

• Front Wheel Drive
• All-wheel Drive
• Rear Wheel Drive

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• Maruti Suzuki India Limited
• FPT Industrial (Iveco Group)
• Volvo Group
• Honda Motor Co. Ltd.
• Cummins, Inc.
• Hyundai Motor Company
• Volkswagen AG
• Ford Motor Company
• Bosch Rexroth AG (Robert Bosch GmbH)
• Nissan Motor Corporation

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific CNG Powertrain Market, by Fuel Type
1.4.2 Asia Pacific CNG Powertrain Market, by Vehicle Type
1.4.3 Asia Pacific CNG Powertrain Market, by Drive Type
1.4.4 Asia Pacific CNG Powertrain Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Asia Pacific CNG Powertrain Market by Fuel Type
3.1 Asia Pacific Bi-fuel Market by Country
3.2 Asia Pacific Mono Fuel Market by Country

Chapter 4. Asia Pacific CNG Powertrain Market by Vehicle Type
4.1 Asia Pacific Passenger Vehicle Market by Country
4.2 Asia Pacific Commercial Vehicle Market by Country

Chapter 5. Asia Pacific CNG Powertrain Market by Drive Type
5.1 Asia Pacific Front Wheel Drive Market by Country
5.2 Asia Pacific All-wheel Drive Market by Country
5.3 Asia Pacific Rear Wheel Drive Market by Country

Chapter 6. Asia Pacific CNG Powertrain Market by Country
6.1 China CNG Powertrain Market
6.1.1 China CNG Powertrain Market by Fuel Type
6.1.2 China CNG Powertrain Market by Vehicle Type
6.1.3 China CNG Powertrain Market by Drive Type
6.2 Japan CNG Powertrain Market
6.2.1 Japan CNG Powertrain Market by Fuel Type
6.2.2 Japan CNG Powertrain Market by Vehicle Type
6.2.3 Japan CNG Powertrain Market by Drive Type
6.3 India CNG Powertrain Market
6.3.1 India CNG Powertrain Market by Fuel Type
6.3.2 India CNG Powertrain Market by Vehicle Type
6.3.3 India CNG Powertrain Market by Drive Type
6.4 South Korea CNG Powertrain Market
6.4.1 South Korea CNG Powertrain Market by Fuel Type
6.4.2 South Korea CNG Powertrain Market by Vehicle Type
6.4.3 South Korea CNG Powertrain Market by Drive Type
6.5 Singapore CNG Powertrain Market
6.5.1 Singapore CNG Powertrain Market by Fuel Type
6.5.2 Singapore CNG Powertrain Market by Vehicle Type
6.5.3 Singapore CNG Powertrain Market by Drive Type
6.6 Malaysia CNG Powertrain Market
6.6.1 Malaysia CNG Powertrain Market by Fuel Type
6.6.2 Malaysia CNG Powertrain Market by Vehicle Type
6.6.3 Malaysia CNG Powertrain Market by Drive Type
6.7 Rest of Asia Pacific CNG Powertrain Market
6.7.1 Rest of Asia Pacific CNG Powertrain Market by Fuel Type
6.7.2 Rest of Asia Pacific CNG Powertrain Market by Vehicle Type
6.7.3 Rest of Asia Pacific CNG Powertrain Market by Drive Type

Chapter 7. Company Profiles
7.1 Maruti Suzuki India Limited
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Research & Development Expense
7.2 FPT Industrial (Iveco Group)
7.2.1 Company Overview
7.3 Volvo Group
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.4 Honda Motor Co. Ltd.
7.4.1 Company Overview
7.4.1 Financial Analysis
7.4.2 Segmental and Regional Analysis
7.4.3 Research & Development Expense
7.5 Cummins, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional & Segmental Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent Strategies and Developments
7.5.5.1 Partnerships, Collaborations and Agreements:
7.5.5.2 Acquisitions and Mergers:
7.5.5.3 Product Launches and Product Expansions:
7.6 Hyundai Motor Company
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 SWOT Analysis
7.7 Volkswagen AG
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 SWOT Analysis
7.8 Ford Motor Company
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 SWOT Analysis
7.9 Bosch Rexroth AG (Robert Bosch GmbH)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.10. Nissan Motor Corporation
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis

TABLE 1 Asia Pacific CNG Powertrain Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific CNG Powertrain Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Bi-fuel Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Bi-fuel Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Mono Fuel Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Mono Fuel Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 10 Asia Pacific CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Passenger Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Passenger Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Commercial Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Commercial Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
TABLE 16 Asia Pacific CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Front Wheel Drive Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Front Wheel Drive Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific All-wheel Drive Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific All-wheel Drive Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Rear Wheel Drive Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Rear Wheel Drive Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific CNG Powertrain Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific CNG Powertrain Market by Country, 2022 - 2028, USD Million
TABLE 25 China CNG Powertrain Market, 2018 - 2021, USD Million
TABLE 26 China CNG Powertrain Market, 2022 - 2028, USD Million
TABLE 27 China CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
TABLE 28 China CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
TABLE 29 China CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 30 China CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 31 China CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
TABLE 32 China CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
TABLE 33 Japan CNG Powertrain Market, 2018 - 2021, USD Million
TABLE 34 Japan CNG Powertrain Market, 2022 - 2028, USD Million
TABLE 35 Japan CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
TABLE 36 Japan CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
TABLE 37 Japan CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 38 Japan CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 39 Japan CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
TABLE 40 Japan CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
TABLE 41 India CNG Powertrain Market, 2018 - 2021, USD Million
TABLE 42 India CNG Powertrain Market, 2022 - 2028, USD Million
TABLE 43 India CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
TABLE 44 India CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
TABLE 45 India CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 46 India CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 47 India CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
TABLE 48 India CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
TABLE 49 South Korea CNG Powertrain Market, 2018 - 2021, USD Million
TABLE 50 South Korea CNG Powertrain Market, 2022 - 2028, USD Million
TABLE 51 South Korea CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
TABLE 52 South Korea CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
TABLE 53 South Korea CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 54 South Korea CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 55 South Korea CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
TABLE 56 South Korea CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
TABLE 57 Singapore CNG Powertrain Market, 2018 - 2021, USD Million
TABLE 58 Singapore CNG Powertrain Market, 2022 - 2028, USD Million
TABLE 59 Singapore CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
TABLE 60 Singapore CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
TABLE 61 Singapore CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 62 Singapore CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 63 Singapore CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
TABLE 64 Singapore CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
TABLE 65 Malaysia CNG Powertrain Market, 2018 - 2021, USD Million
TABLE 66 Malaysia CNG Powertrain Market, 2022 - 2028, USD Million
TABLE 67 Malaysia CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
TABLE 68 Malaysia CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
TABLE 69 Malaysia CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 70 Malaysia CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 71 Malaysia CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
TABLE 72 Malaysia CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
TABLE 73 Rest of Asia Pacific CNG Powertrain Market, 2018 - 2021, USD Million
TABLE 74 Rest of Asia Pacific CNG Powertrain Market, 2022 - 2028, USD Million
TABLE 75 Rest of Asia Pacific CNG Powertrain Market by Fuel Type, 2018 - 2021, USD Million
TABLE 76 Rest of Asia Pacific CNG Powertrain Market by Fuel Type, 2022 - 2028, USD Million
TABLE 77 Rest of Asia Pacific CNG Powertrain Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 78 Rest of Asia Pacific CNG Powertrain Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific CNG Powertrain Market by Drive Type, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific CNG Powertrain Market by Drive Type, 2022 - 2028, USD Million
TABLE 81 Key Information – Maruti Suzuki India Limited
TABLE 82 Key information – FPT Industrial
TABLE 83 key Information – Volvo Group
TABLE 84 key Information – Honda Motor Co. Ltd.
TABLE 85 Key information – Cummins, Inc.
TABLE 86 key Information – Hyundai Motor Company
TABLE 87 key Information – Volkswagen AG
TABLE 88 key information – Ford Motor Company
TABLE 89 Key Information – Bosch Rexroth AG
TABLE 90 Key information – Nissan Motor Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Hyundai Motor Company
FIG 3 Swot analysis: Volkswagen AG
FIG 4 Swot analsyis: ford motor Company