India Automotive Natural Gas Vehicle Market (2025-2031) Outlook | Revenue, Analysis, Forecast, Value, Size, Growth, Industry, Trends, Share & Companies

Market Forecast By Fuel Type (CNG, LNG), By Vehicle Type (Passenger cars, Commercial vehicles) And Competitive Landscape
Product Code: ETC4567105 Publication Date: Jul 2023 Updated Date: Oct 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Automotive Natural Gas Vehicle Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, India`s automotive natural gas vehicle import shipments saw a notable shift in concentration, with top exporters being Slovakia, Germany, China, Sweden, and the UK. The market experienced a significant increase in concentration levels, indicating a more focused supply chain. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained robust at 20.85%. This data suggests a dynamic landscape for automotive natural gas vehicle imports in India, with key players vying for a larger share of the market.

India Automotive Natural Gas Vehicle Market Overview

The India automotive natural gas vehicle market is aligned with the country`s efforts to adopt cleaner and more sustainable energy sources in the automotive sector. Natural gas vehicles (NGVs) are gaining attention as an eco-friendly alternative to traditional gasoline and diesel vehicles. This market focuses on the manufacturing and adoption of NGVs and the development of refueling infrastructure.

Drivers of the Market

The automotive natural gas vehicle market is growing as an environmentally friendly alternative to traditional gasoline and diesel vehicles. It is supported by government policies promoting clean energy and reducing greenhouse gas emissions. Additionally, the cost-effectiveness of natural gas is driving adoption in the transportation sector.

Challenges of the Market

This market faces challenges related to the availability and distribution of natural gas, infrastructure for refueling, and the need for more efficient engine technologies.

COVID-19 Impact on the Market

The India automotive natural gas vehicle market saw mixed impacts from the pandemic. While there was a temporary drop in demand due to reduced travel and economic uncertainties, the emphasis on clean energy and sustainable transportation may provide opportunities for growth in the long term. Government incentives and policies promoting natural gas vehicles could play a crucial role in market recovery.

Key Players in the Market

Major contributors in this sector encompass Maruti Suzuki India, Tata Motors, Mahindra & Mahindra, and Ashok Leyland.

Key Highlights of the Report:

  • India Automotive Natural Gas Vehicle Market Outlook
  • Market Size of India Automotive Natural Gas Vehicle Market, 2024
  • Forecast of India Automotive Natural Gas Vehicle Market, 2031
  • Historical Data and Forecast of India Automotive Natural Gas Vehicle Revenues & Volume for the Period 2021-2031
  • India Automotive Natural Gas Vehicle Market Trend Evolution
  • India Automotive Natural Gas Vehicle Market Drivers and Challenges
  • India Automotive Natural Gas Vehicle Price Trends
  • India Automotive Natural Gas Vehicle Porter's Five Forces
  • India Automotive Natural Gas Vehicle Industry Life Cycle
  • Historical Data and Forecast of India Automotive Natural Gas Vehicle Market Revenues & Volume By Fuel Type for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Natural Gas Vehicle Market Revenues & Volume By CNG for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Natural Gas Vehicle Market Revenues & Volume By LNG for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Natural Gas Vehicle Market Revenues & Volume By Vehicle Type for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Natural Gas Vehicle Market Revenues & Volume By Passenger cars for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Natural Gas Vehicle Market Revenues & Volume By Commercial vehicles for the Period 2021-2031
  • India Automotive Natural Gas Vehicle Import Export Trade Statistics
  • Market Opportunity Assessment By Fuel Type
  • Market Opportunity Assessment By Vehicle Type
  • India Automotive Natural Gas Vehicle Top Companies Market Share
  • India Automotive Natural Gas Vehicle Competitive Benchmarking By Technical and Operational Parameters
  • India Automotive Natural Gas Vehicle Company Profiles
  • India Automotive Natural Gas Vehicle Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Automotive Natural Gas Vehicle Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Automotive Natural Gas Vehicle Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Automotive Natural Gas Vehicle Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Automotive Natural Gas Vehicle Market Revenues & Volume, 2021 & 2031F

3.3 India Automotive Natural Gas Vehicle Market - Industry Life Cycle

3.4 India Automotive Natural Gas Vehicle Market - Porter's Five Forces

3.5 India Automotive Natural Gas Vehicle Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F

3.6 India Automotive Natural Gas Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F

4 India Automotive Natural Gas Vehicle Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government initiatives promoting clean energy and reducing pollution

4.2.2 Increasing environmental regulations encouraging the adoption of natural gas vehicles

4.2.3 Growing awareness about the benefits of natural gas as a cleaner fuel alternative in the automotive sector

4.3 Market Restraints

4.3.1 High initial investment costs for natural gas vehicles and infrastructure

4.3.2 Limited availability of natural gas refueling stations

4.3.3 Lack of consumer awareness and acceptance of natural gas vehicles compared to traditional gasoline or diesel vehicles

5 India Automotive Natural Gas Vehicle Market Trends

6 India Automotive Natural Gas Vehicle Market, By Types

6.1 India Automotive Natural Gas Vehicle Market, By Fuel Type

6.1.1 Overview and Analysis

6.1.2 India Automotive Natural Gas Vehicle Market Revenues & Volume, By Fuel Type, 2021-2031F

6.1.3 India Automotive Natural Gas Vehicle Market Revenues & Volume, By CNG, 2021-2031F

6.1.4 India Automotive Natural Gas Vehicle Market Revenues & Volume, By LNG, 2021-2031F

6.2 India Automotive Natural Gas Vehicle Market, By Vehicle Type

6.2.1 Overview and Analysis

6.2.2 India Automotive Natural Gas Vehicle Market Revenues & Volume, By Passenger cars, 2021-2031F

6.2.3 India Automotive Natural Gas Vehicle Market Revenues & Volume, By Commercial vehicles, 2021-2031F

7 India Automotive Natural Gas Vehicle Market Import-Export Trade Statistics

7.1 India Automotive Natural Gas Vehicle Market Export to Major Countries

7.2 India Automotive Natural Gas Vehicle Market Imports from Major Countries

8 India Automotive Natural Gas Vehicle Market Key Performance Indicators

8.1 Average distance traveled per natural gas vehicle per day

8.2 Number of new natural gas refueling stations opened in key cities

8.3 Percentage increase in the adoption of natural gas vehicles in the commercial fleet sector

8.4 Average reduction in carbon emissions per natural gas vehicle compared to traditional vehicles

8.5 Government subsidies or incentives provided for the purchase of natural gas vehicles

9 India Automotive Natural Gas Vehicle Market - Opportunity Assessment

9.1 India Automotive Natural Gas Vehicle Market Opportunity Assessment, By Fuel Type, 2021 & 2031F

9.2 India Automotive Natural Gas Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F

10 India Automotive Natural Gas Vehicle Market - Competitive Landscape

10.1 India Automotive Natural Gas Vehicle Market Revenue Share, By Companies, 2024

10.2 India Automotive Natural Gas Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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