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India CNG Vehicles Market - Size, Share, COVID-19 Impact & Forecasts up to 2028

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    Report

  • 151 Pages
  • January 2023
  • Region: India
  • Mordor Intelligence
  • ID: 5716928
The India CNG Vehicles Market is projected to register a CAGR of 3.21%

Key Highlights

  • Fastest-growing Segment by Fuel Type - CNG: Less carbon emission, less price over petrol and diesel, and better fuel economy are making CNG the fastest-growing fuel type in passenger car sales in India.
  • Largest Segment by Body Type - Heavy-duty Commercial Trucks: Hatchback CNG vehicles dominated the market primarily due to the launch of new models and the growing emphasis on the increased fuel efficiency and parking space.

Competitive Landscape

The India CNG Vehicles Market is moderately consolidated, with the top five companies occupying 49.48%. The major players in this market are Hyundai Motor, Mahindra & Mahindra, Maruti Suzuki, Tata Motors and VE Commercial Motors (sorted alphabetically).

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

Table of Contents

1 EXECUTIVE SUMMARY & KEY FINDINGS

2 REPORT OFFERS

3 INTRODUCTION
3.1 Study Assumptions & Market Definition
3.2 Scope of the Study​
3.3 Research Methodology

4 KEY INDUSTRY TRENDS
4.1 Population
4.2 GDP
4.3 CVP
4.4 Inflation Rate
4.5 Interest Rate For Auto Loans
4.6 Battery Price (per Kwh)
4.7 Electrification Impact
4.8 New XEV Models Announced
4.9 Charging Stations Deployment
4.10 Regulatory Framework
4.11 Value Chain & Distribution Channel Analysis

5 MARKET SEGMENTATION
5.1 Vehicle Type
5.1.1 Commercial Vehicles
5.1.1.1 Light Commercial Vehicles
5.1.1.1.1 Light Commercial Pick-up Trucks
5.1.1.1.2 Light Commercial Vans
5.1.1.2 Trucks
5.1.1.2.1 Heavy-duty Commercial Trucks
5.1.1.2.2 Light Commercial Pick-up Trucks
5.1.1.2.3 Medium-duty Commercial Trucks
5.1.2 Passenger Vehicles
5.1.2.1 Passenger Cars

6 COMPETITIVE LANDSCAPE
6.1 Key Strategic Moves
6.2 Market Share Analysis
6.3 Company Landscape
6.4 Company Profiles
6.4.1 Ashok Leyland
6.4.2 Ford Motor Company
6.4.3 Honda Motor Co. Ltd.
6.4.4 Hyundai Motor
6.4.5 JBM Auto Ltd
6.4.6 Mahindra & Mahindra
6.4.7 Man SE
6.4.8 Maruti Suzuki
6.4.9 Tata Motors
6.4.10 VE Commercial Motors

7 KEY STRATEGIC QUESTIONS FOR VEHICLES CEOS

8 APPENDIX
8.1 Global Overview
8.1.1 Overview
8.1.2 Porter’s Five Forces Framework
8.1.3 Global Value Chain Analysis
8.1.4 Market Dynamics (DROs)
8.2 Sources & References
8.3 List of Tables & Figures
8.4 Primary Insights
8.5 Data Pack
8.6 Glossary of Terms

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Ashok Leyland
  • Ford Motor Company
  • Honda Motor Co. Ltd.
  • Hyundai Motor
  • JBM Auto Ltd
  • Mahindra & Mahindra
  • Man SE
  • Maruti Suzuki
  • Tata Motors
  • VE Commercial Motors

Methodology

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