Press release
India CNG and LPG Vehicle Market to Witness Steady Growth Through 2030
India's CNG and LPG Vehicle Market size were valued at 984.97 thousand units. In 2023 and the total revenue is expected to grow at 6.82% of CAGR from 2024 to 2030, reaching nearly 1563.12 thousand units.India CNG and LPG vehicle Market Overview:
India's CNG and LPG vehicle market has gained considerable momentum as the country pivots toward cleaner and more economical transportation alternatives. Growing environmental concerns, rising fuel prices, and the push for reducing vehicular emissions have led to a surge in demand for compressed natural gas (CNG) and liquefied petroleum gas (LPG) vehicles. These fuel types offer a more sustainable option compared to conventional petrol and diesel, especially for urban mobility and commercial fleets. Major automotive manufacturers are increasingly expanding their portfolio to include factory-fitted CNG and LPG variants, reflecting a strong shift in both consumer preference and policy direction.
Download a Free Sample Report Today : https://www.maximizemarketresearch.com/request-sample/20201/
India CNG and LPG vehicle Market Dynamics:
The market dynamics are influenced by a mix of regulatory incentives, fuel cost advantages, and infrastructure development. Government policies promoting alternative fuels through subsidies and relaxed norms are creating favorable conditions for growth. Additionally, the lower operating cost of CNG and LPG vehicles compared to petrol or diesel counterparts makes them attractive for commercial use, such as in taxis and delivery services. However, growth is somewhat limited by the uneven availability of refueling infrastructure and the lack of awareness in rural and semi-urban areas. Despite these challenges, the overall momentum remains strong due to ongoing public and private sector efforts.
India CNG and LPG vehicle Market Outlook and Future Trends :
Looking ahead, the market is poised for significant expansion as clean mobility becomes a national priority. The development of nationwide CNG and LPG distribution networks, especially along highways and in Tier II and Tier III cities, will play a key role in increasing adoption. Automakers are expected to continue investing in bi-fuel technology, while R&D efforts may lead to enhanced engine efficiency and lower emissions. Furthermore, the alignment of green vehicle policies with broader environmental goals will likely drive long-term growth. The rise of shared mobility and commercial fleet services is also anticipated to accelerate the demand for these vehicles in the coming years.
India CNG and LPG vehicle Market Key Recent Developments:
In recent months, several notable developments have emerged in the Indian CNG and LPG vehicle space. Leading carmakers have launched new bi-fuel models to cater to the growing demand for affordable, eco-friendly vehicles. Expansion of CNG stations in strategic urban and semi-urban areas has been prioritized by oil marketing companies in collaboration with state governments. Additionally, new vehicle scrappage policies are indirectly boosting the CNG and LPG segment by encouraging the replacement of old, high-emission vehicles with greener alternatives. The industry has also seen a rise in partnerships aimed at improving CNG and LPG engine technology and expanding the refueling ecosystem.
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report : https://www.maximizemarketresearch.com/request-sample/20201/
India CNG and LPG vehicle Market Segmentation:
by Vehicle Type
1. Passenger Vehicle
2. Commercial Vehicle
by Fuel Type
1. CNG
2. LPG
by Kit Type
1. Venturi
2. Sequential
3. retro fitment
Some of the current players in the India CNG and LPG vehicle Market are:
1. Maruti India Ltd.
2. Toyota Motors
3. Hyundai Motors India Ltd.
4. Tata Motors Ltd.
5. General Motors
6. Hindustan Motors Ltd.
7. FIAT Motors
8. Ford India
9. Honda
10. Mahindra
11. Skoda
12. Audi
13. Nissan
14. Volkswagen
15. Mercedes-Benz
16. Ashok Leyland
17. Swaraj Mazda
18. Eicher.
19. Force Motors
20. Volvo
21. Mahindra Navistar
For additional reports on related topics, visit our website:
♦ India Industrial IoT Market https://www.maximizemarketresearch.com/market-report/india-industrial-iot-market/20804/
♦ Contact Center as a Service (CCaaS) Market https://www.maximizemarketresearch.com/market-report/global-contact-center-as-a-service-ccaas-market/80407/
♦ Data Warehousing Market https://www.maximizemarketresearch.com/market-report/data-warehousing-market/52612/
♦ Sports Technology Market https://www.maximizemarketresearch.com/market-report/global-sports-technology-market/29807/
♦ Corn Seeds Market https://www.maximizemarketresearch.com/market-report/corn-seeds-market/193941/
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com
Maximize Market Research is a dynamic business consulting and market intelligence firm serving clients worldwide. Known for delivering actionable insights that drive profitability and growth, we have become a trusted partner to several Fortune 500 companies. Our extensive industry expertise spans across sectors such as IT and telecommunications, chemicals, food and beverages, aerospace and defense, healthcare, and many others-ensuring tailored solutions that meet the unique challenges of each market.
This release was published on openPR.
Permanent link to this press release:
                     Copy
                  
                 Please set a link in the press area of your homepage to this press release on openPR.  openPR disclaims liability for any content contained in this release. 
    You can edit or delete your press release India CNG and LPG Vehicle Market to Witness Steady Growth Through 2030 here
News-ID: 4119809 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
 
                                            
                                                    Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR  …                                                
                                            
                                        
                                            According to a new report by Maximize Market Research, the global Clinical Trials Market was valued at USD 54.83 billion in 2024 and is projected to reach USD 88.26 billion by 2032, growing at a CAGR of 6.13%. A major surge in biopharmaceutical R&D and oncology-focused studies is driving the global clinical trials market toward nearly USD 88.26 billion by 2032 at a 6.13% CAGR.
► Get a sample of the…  
                                        
                                     
                                            
                                                    Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5 …                                                
                                            
                                        
                                            Turbo Trainer Market size was valued at USD 281.52 Mn. in 2024 and the total Turbo Trainer revenue is expected to grow at 5.16% through 2025 to 2032, reaching nearly USD 421.03 Mn.
Turbo Trainer Market Overview:
The Turbo Trainer Market is witnessing significant growth as fitness enthusiasts increasingly adopt indoor cycling equipment for year-round training. Turbo trainers, which allow users to convert regular bicycles into stationary exercise machines, have become essential…  
                                        
                                     
                                            
                                                    Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of  …                                                
                                            
                                        
                                            Sodium Acetate Market size was valued at USD 206.17 Million in 2024, and the total revenue is expected to grow at CAGR of 7 % from 2025 to 2032, reaching nearly USD 354.24 Million.
Sodium Acetate Market Overview:
The Sodium Acetate Market is experiencing steady growth due to its widespread applications across industries such as food and beverage, pharmaceuticals, textiles, and chemical manufacturing. Sodium acetate, a versatile salt of acetic acid, is…  
                                        
                                     
                                            
                                                    India Tire Market to Reach USD 27.6 Billion by 2033 at 7.6 % CAGR - "India Tire  …                                                
                                            
                                        
                                            According to a new report by Maximize Market Research, the India tire market was valued at approximately USD 13.4 billion in 2024 and is expected to climb to USD 27.6 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.6 %. The growth is underpinned by increasing automotive production, growing replacement demand, and rising adoption of radial tyres.
► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/21022/
♦ Key Highlights
Market size…  
                                        
                                    More Releases for CNG
                                                    CNG Refueling Stations Market to Eyewitness Huge Growth by 2030: Galileo Technol …                                                
                                            
                                        
                                            Advance Market Analytics published a new research publication on "CNG Refueling Stations Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the CNG Refueling Stations market was mainly driven by the increasing R&D spending across the world. Some of the key…  
                                        
                                    
                                                    Vehicle CNG Tank CNG Cylinder Market Industry Trends, Opportunities And Overview …                                                
                                            
                                        
                                            Xcellent Insights has recently added a novel report on "Global Vehicle CNG TankCNG Cylinder Market, Size, Share, Growth Analysis, By Type, Application and Region" to its database that offers a comprehensive analysis of the global Vehicle CNG TankCNG Cylinder industry. The report offers details about current and historical status, market volume, market share, size, drivers, restraints, growth opportunities and prime challenges.
The aim of this report is to help users, investors…  
                                        
                                    
                                                    Global CNG Tank (CNG Cylinder) Market Expected to Witness a Sustainable Growth o …                                                
                                            
                                        
                                            Market Research Report Store offers a latest published report on CNG Tank (CNG Cylinder) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the CNG Tank (CNG Cylinder) market will register a 3.3% CAGR in terms of revenue, the global market size will reach US$ 926.1 million by 2024, from US$ 812.7…  
                                        
                                    
                                                    CNG Tank (CNG Cylinder) Market Is Booming Worldwide | Sintez-CIP, JFE, Jiangsu T …                                                
                                            
                                        
                                            A latest study released by HTF MI on Global CNG Tank (CNG Cylinder) Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of CNG Tank (CNG Cylinder) market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging…  
                                        
                                    
                                                    Global CNG Tank (CNG Cylinder) Market – Demand, Sales Forecasts, Share and Siz …                                                
                                            
                                        
                                            CNG Tank Refers to the Tank for storing compressed natural gas
Scope of the Report:
This report focuses on the CNG Tank in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Emerging trends, which have a direct impact on the dynamics of the industry, include the increase in green fleet and development of type…  
                                        
                                    
                                                    Global CNG Tank (CNG Cylinder) Market Expected to Witness a Sustainable Growth o …                                                
                                            
                                        
                                            New report published by Market Research Report Store (MRRS) which offers insights on the global CNG Tank (CNG Cylinder) market.
CNG Tank/Cylinder is made using the cylinder shape with a semi-spherical shape covering each end. The cylinder and semi-spherical shapes provide the strongest structural shape because the circular and spherical shapes provide for equal distribution of stresses throughout the inner area of the tank producing the highest safety available for high-pressure…  
                                        
                                    