Global Automotive CNG & LPG Kits Market By Vehicle Type (Passenger Car, LCV, M&HCV & 3W), By Demand Category (OEM Vs Aftermarket), By Fuel Type (CNG Vs LPG), By Region, Competition, Forecast & Opportunities, 2025

Published Date: May - 2025 | Publisher: MIR | No of Pages: 320 | Industry: Automotive | Format: Report available in PDF / Excel Format

View Details Buy Now 2890 Download Sample Ask for Discount Request Customization

Global Automotive CNG & LPG Kits Market size

 Download Sample  Ask for Discount  Request Customization 

Global automotive CNG & LPG market is projected to grow at more than CAGR of more than 11% during 2021-2025, on the back of growing demand for environment friendly and economical fuel alternatives coupled with growing concerns regarding air pollution.

Key Trends and Factors

  • Growing Demand for Cleaner Alternatives

    Consumers are switching to CNG and LPG due to their lower emissions and cost-effectiveness compared to traditional fuels. 

  • Government Support and Regulations

    Governments worldwide are implementing policies and incentives to encourage the adoption of CNG and LPG vehicles, such as subsidies and tax rebates. 

  • Technological Advancements

    Improvements in CNG and LPG vehicle technologies, including fuel storage, engine efficiency, and safety features, are increasing their competitiveness. 

  • Emerging Market

    Asia Pacific is a key market driver, particularly India, due to increasing fuel costs, government initiatives, and a shift towards cost-efficient and low-emission transportation. 

  • Aftermarket Conversion Kits

    The rise of aftermarket conversion kits provides a cost-effective way for vehicle owners to transition to CNG and LPG without purchasing new vehicles. 

  • Passenger Cars Dominate

    Passenger cars are the largest segment in the market, driven by their increasing popularity and rapidly expanding fleet sizes. 

Market Outlook

  • Asia Pacific Dominates

    The Asia Pacific region is projected to experience steady growth due to high demand for cost-efficient and low-emission vehicles. 

  • North America

    The North American market is the fastest-growing due to government initiatives and a growing high-performance commercial vehicle segment. 

  • Challenges

    High conversion costs and the lack of fuelling infrastructure could hinder market growth in some regions. 

The global automotive CNG & LPG kits market can be segmented by fuel type (CNG and LPG), vehicle type (passenger cars, LCVs, M&HCVs, 3-wheelers), demand category (OEM and retrofitting), and region. Geographically, the market is often analyzed by regions like North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. 

Market Analysis

 Download Sample  Ask for Discount  Request Customization 

Here's a more detailed breakdown of the segmentation

1. By Fuel Type

  • CNG (Compressed Natural Gas) A fuel made from natural gas, typically methane, used in vehicles.
  • LPG (Liquefied Petroleum Gas) A fuel primarily composed of propane and butane. 

2. By Vehicle Type

  • Passenger Cars The largest segment, including hatchbacks, sedans, SUVs, and MUVs.
  • Light Commercial Vehicles (LCVs) Smaller commercial vehicles like vans.
  • Medium & Heavy Commercial Vehicles (M&HCVs) Larger trucks and buses.
  • Three-Wheelers Popular in some regions, particularly for commercial use. 

3. By Demand Category

  • OEM (Original Equipment Manufacturer) CNG and LPG kits are installed at the factory by the vehicle manufacturer.
  • Retrofitting Kits are installed on existing vehicles after purchase, often in aftermarket settings. 

4. By Region

  • North America Includes countries like the United States and Canada.
  • Europe Covers Western and Eastern Europe.
  • Asia-Pacific A major market, including countries like India, China, and Pakistan.
  • Middle East & Africa A growing market with potential for expansion.
  • Latin America Includes countries in South America and the Caribbean. 

Additional Considerations

  • Sales Channel

    The market can also be segmented by sales channel, including OEM sales, direct-to-consumer sales, and distributor sales. 

  • Key Players

    Major players in the market include Hyundai Motor Group, Fiat Chrysler Automobiles, and Landi Renzo. 

  • Emerging Trends

    The growth of aftermarket conversion kits, especially in emerging markets, is a significant trend. 

  • Government Support

    Government policies and initiatives play a crucial role in driving adoption of CNG and LPG vehicles. 

Years considered for this report

Historical Years2015-2018

Base Year2019

Estimated Year2020

Forecast Period2021-2025

Objective of the Study

  • To analyze and forecast Global Automotive CNG & LPG Kit market size.
  • To classify and forecast Global Automotive CNG & LPG Kit market based on vehicle type, engine capacity, and region.
  • To identify drivers and challenges for Global Automotive CNG & LPG Kit market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Automotive CNG & LPG Kit market.
  • To conduct pricing analysis for Global Automotive CNG & LPG Kit market.
  • To identify and analyze the profile of leading players operating in Global Automotive CNG & LPG Kit market.

Key Players

Related Reports

Table of Content

Here's a suggested Table of Contents (TOC) for a report titled "Global Automotive CNG & LPG Kits Market":

Table of Contents

  1. Executive Summary

  2. Introduction
    2.1. Report Objectives
    2.2. Scope of the Study
    2.3. Methodology
    2.4. Assumptions & Limitations

  3. Market Overview
    3.1. Definition and Overview of CNG & LPG Kits
    3.2. Market Dynamics
        3.2.1. Drivers
        3.2.2. Restraints
        3.2.3. Opportunities
        3.2.4. Challenges
    3.3. Regulatory Framework
    3.4. Value Chain Analysis
    3.5. Porter’s Five Forces Analysis

  4. Market Segmentation
    4.1. By Fuel Type (CNG, LPG)
    4.2. By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles)
    4.3. By Kit Type (Venturi, Sequential)
    4.4. By Sales Channel (OEM, Aftermarket)

  5. Regional Analysis
    5.1. North America
    5.2. Europe
    5.3. Asia-Pacific
    5.4. Latin America
    5.5. Middle East & Africa

  6. Competitive Landscape
    6.1. Market Share Analysis
    6.2. Key Players – Company Profiles
        6.2.1. Company A
        6.2.2. Company B
        ...

  7. Emerging Trends and Innovations

  8. Impact of COVID-19 and Economic Slowdowns

  9. Strategic Recommendations

  10. Appendix
    10.1. Glossary
    10.2. Research Methodology
    10.3. List of Tables and Figures
    10.4. Abbreviations

List Tables Figures

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

FAQ'S

For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:

sales@marketinsightsresearch.com

Within 24 to 48 hrs.

You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email

You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.

Discounts are available.

Hard Copy

Email