Russia Automotive Natural Gas Vehicle Market Size & Outlook
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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 2021 | Thousand 95.4 units |
| Market revenue in 2028 | Thousand 142.5 units |
| Growth rate | 5.9% (CAGR from 2022 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, 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Westport Fuel Systems Inc | View profile | 1715 | 1691 West 75th Avenue, Suite 101, Vancouver, BC, Canada, V6P 6P2 | https://www.wfsinc.com |
| PACCAR Inc | View profile | 32400 | 777-106th Avenue N.E., Bellevue, WA, United States, 98004 | https://www.paccar.com |
| Clean Energy Fuels Corp | View profile | 566 | 4675 MacArthur Court, Suite 800, Newport Beach, CA, United States, 92660 | https://www.cleanenergyfuels.com |
| Agility | View profile | 10001+ | Singapore, Central Region, Singapore, Asia | http://www.agility.com |
| Navistar | View profile | 10001+ | Lisle, Illinois, United States, North America | http://www.navistar.com |
| Cummins Inc | View profile | 75500 | 500 Jackson Street, Box 3005, Columbus, IN, United States, 47202-3005 | https://www.cummins.com |
| Volvo AB ADR | View profile | 104905 | Gropegardsgatan 2, Gothenburg, Sweden, 417 15 | https://www.volvogroup.com |
| CNH Industrial NV | View profile | 40496 | Cranes Farm Road, Basildon, Essex, London, United Kingdom, SS14 3AD | https://www.cnhindustrial.com |
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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Target buyers of Russia automotive natural gas vehicle market databook
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Share, 2021 & 2028 (Thousand Units)
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