Market Analysis and Insights: Global LNG Heavy Truck Market
Due to the COVID-19 pandemic, the global LNG Heavy Truck market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Single Fuel LNG Heavy Truck accounting for % of the LNG Heavy Truck global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Transportation segment is altered to an % CAGR throughout this forecast period.
China LNG Heavy Truck market size is valued at US$ million in 2021, while the US and Europe LNG Heavy Truck are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe LNG Heavy Truck landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of LNG Heavy Truck include CNHTC, Shaanxi Automobile Group, China FAW Group (Faw Jiefang), CNH Industrial N.V., Daimler, Volvo Trucks, Scania, Paccar and ISUZU, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the LNG Heavy Truck capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of LNG Heavy Truck by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global LNG Heavy Truck Scope and Segment
LNG Heavy Truck market is segmented by Type and by Application. Players, stakeholders, and other participants in the global LNG Heavy Truck market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Single Fuel LNG Heavy Truck
Dual Fuel LNG Heavy Truck
Segment by Application
Transportation
Construction
Others
By Company
CNHTC
Shaanxi Automobile Group
China FAW Group (Faw Jiefang)
CNH Industrial N.V.
Daimler
Volvo Trucks
Scania
Paccar
ISUZU
Dongfeng Motor Corporation
Dayun Automobile Co.,ltd
Beiqi Foton Motor Co.,Ltd.
Kenworth
Production by Region
China
Europe
North America
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE