Germany Automotive Natural Gas Vehicle Market Size & Outlook
Germany automotive natural gas vehicle market, 2016-2028 (Thousand Units)
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Germany automotive natural gas vehicle market highlights
- The Germany automotive natural gas vehicle market generated a revenue of Thousand 148.1 units in 2021 and is expected to reach Thousand 185.6 units by 2028.
- The Germany market is expected to grow at a CAGR of 3.3% from 2022 to 2028.
- In terms of segment, cng was the largest revenue generating fuel type in 2021.
- LNG is the most lucrative fuel type segment registering the fastest growth during the forecast period.
Automotive natural gas vehicle market data book summary
| Market revenue in 2021 | Thousand 148.1 units |
| Market revenue in 2028 | Thousand 185.6 units |
| Growth rate | 3.3% (CAGR from 2021 to 2028) |
| Largest segment | Cng |
| Fastest growing segment | LNG |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in Thousand units |
| Market segmentation | CNG, LNG |
| Key market players worldwide | Agility, Volvo AB ADR, CNH Industrial NV, Cummins Inc, Clean Energy Fuels Corp, Navistar, PACCAR Inc, Westport Fuel Systems Inc |
Other key industry trends
- In terms of revenue, Germany accounted for 0.5% of the global automotive natural gas vehicle market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany automotive natural gas vehicle market is projected to lead the regional market in terms of revenue in 2028.
- France is the fastest growing regional market in Europe and is projected to reach Thousand 37.8 units by 2028.
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Automotive Natural Gas Vehicle Market Scope
Automotive Natural Gas Vehicle Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany automotive natural gas vehicle market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive natural gas vehicle market will help companies and investors design strategic landscapes.
Cng was the largest segment with a revenue share of 95.54% in 2021. Horizon Databook has segmented the Germany automotive natural gas vehicle market based on cng, lng covering the revenue growth of each sub-segment from 2016 to 2028.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany automotive natural gas vehicle market, including forecasts for subscribers. This country databook contains high-level insights into Germany automotive natural gas vehicle market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Germany automotive natural gas vehicle market
Germany Automotive Natural Gas Vehicle Market Share, 2021 & 2028 (Thousand Units)
Germany automotive natural gas vehicle market
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