Russia Automotive Natural Gas Vehicle Market Size & Outlook

The automotive natural gas vehicle market in Russia is expected to reach a projected revenue of US$ 142.5 units by 2028. A compound annual growth rate of 5.9% is expected of Russia automotive natural gas vehicle market from 2022 to 2028.
Revenue, 2021 (Thousand Units)
$95.4
Forecast, 2028 (Thousand Units)
$142.5
CAGR, 2022 - 2028
5.9%
Report Coverage
Russia

Russia automotive natural gas vehicle market highlights

  • The Russia automotive natural gas vehicle market generated a revenue of Thousand 95.4 units in 2021 and is expected to reach Thousand 142.5 units by 2028.
  • The Russia market is expected to grow at a CAGR of 5.9% 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 2021Thousand 95.4 units
Market revenue in 2028Thousand 142.5 units
Growth rate5.9% (CAGR from 2021 to 2028)
Largest segmentCng
Fastest growing segmentLNG
Historical data2016 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in Thousand units
Market segmentationCNG, LNG
Key market players worldwideAgility, 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, Russia accounted for 0.3% 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 segmentation & scope
Fuel Type
CNG
LNG
Vehicle Type
Passenger Vehicles
Light & Heavy Duty Buses & Trucks
Three Wheelers

Automotive Natural Gas Vehicle Market Companies

Name Profile # Employees HQ Website

Russia 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 92.98% in 2021. Horizon Databook has segmented the Russia 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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  • Our clientele includes a mix of automotive natural gas vehicle market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia automotive natural gas vehicle market, including forecasts for subscribers. This country databook contains high-level insights into Russia automotive natural gas vehicle market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Russia automotive natural gas vehicle market

Russia Automotive Natural Gas Vehicle Market Share, 2021 & 2028 (Thousand Units)

Russia automotive natural gas vehicle market

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