Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global LPG Automotive Market by Type (Special Fuel Vehicle, Dual-Fuel Vehicle), By Application (Commercial Car, Personal Car) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global LPG Automotive Market by Type (Special Fuel Vehicle, Dual-Fuel Vehicle), By Application (Commercial Car, Personal Car) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 140150 3300 Automobile & Transportation 377 242 Pages 4.6 (43)

The global LPG automotive market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth in this market can be attributed to the increasing demand for LPG as an alternative fuel for vehicles and the growing number of countries adopting LPG as a fuel. The Asia Pacific region is expected to witness the highest growth rate during the forecast period due to its large population and increasing demand for automobiles in this region.

  1. The LPG Automotive market is expected to grow at a CAGR of 3.5% from 2017 to 2025.
  2. The increasing demand for fuel-efficient vehicles and the rising number of vehicle owners in emerging economies are some of the factors driving the growth of this market.
  3. The increasing demand for LPG as an alternative fuel is also driving the growth of this market.
  4. Increasing government regulations on emission levels and stringent environmental norms are also driving the growth of this market.
  5. Increasing awareness about LPG as an alternative fuel is also contributing to its growth.

Industry Growth Insights published a new data on “LPG Automotive Market”. The research report is titled “LPG Automotive Market research by Types (Special Fuel Vehicle, Dual-Fuel Vehicle), By Applications (Commercial Car, Personal Car), By Players/Companies FCA Group, Ford, Suzuki, Iconiq, Kion Group, AC S.A., Landirenzo, Volkswagen, GM”.

Scope Of The Report

Report Attributes

Report Details

Report Title

LPG Automotive Market Research Report

By Type

Special Fuel Vehicle, Dual-Fuel Vehicle

By Application

Commercial Car, Personal Car

By Companies

FCA Group, Ford, Suzuki, Iconiq, Kion Group, AC S.A., Landirenzo, Volkswagen, GM

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global LPG Automotive Industry Outlook

Global LPG Automotive Market Report Segments:

The global LPG Automotive market is segmented on the basis of:


Special Fuel Vehicle, Dual-Fuel Vehicle

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Commercial Car, Personal Car

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. FCA Group
  2. Ford
  3. Suzuki
  4. Iconiq
  5. Kion Group
  6. AC S.A.
  7. Landirenzo
  8. Volkswagen
  9. GM

Global LPG Automotive Market Overview

Highlights of The LPG Automotive Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Special Fuel Vehicle
    2. Dual-Fuel Vehicle
  1. By Application:

    1. Commercial Car
    2. Personal Car
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the LPG Automotive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global LPG Automotive Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

LPG Automotive is a global automotive supplier that specializes in the production of LPG vehicles. The company manufactures a range of LPG cars and trucks, including sedans, SUVs, crossovers and pickup trucks. It also offers conversion kits for existing gasoline-powered vehicles to run on LPG fuel.

Some of the major companies in the lpg automotive market are FCA Group, Ford, Suzuki, Iconiq, Kion Group, AC S.A., Landirenzo, Volkswagen, GM.

The lpg automotive market is expected to register a CAGR of 4.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. LPG Automotive Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. LPG Automotive Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. LPG Automotive Market - Supply Chain
   4.5. Global LPG Automotive Market Forecast
      4.5.1. LPG Automotive Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. LPG Automotive Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. LPG Automotive Market Absolute $ Opportunity

5. Global LPG Automotive Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. LPG Automotive Market Size and Volume Forecast by Type
      5.3.1. Special Fuel Vehicle
      5.3.2. Dual-Fuel Vehicle
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global LPG Automotive Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. LPG Automotive Market Size and Volume Forecast by Application
      6.3.1. Commercial Car
      6.3.2. Personal Car
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global LPG Automotive Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. LPG Automotive Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global LPG Automotive Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. LPG Automotive Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global LPG Automotive Demand Share Forecast, 2019-2026

9. North America LPG Automotive Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America LPG Automotive Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America LPG Automotive Market Size and Volume Forecast by Application
      9.4.1. Commercial Car
      9.4.2. Personal Car
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America LPG Automotive Market Size and Volume Forecast by Type
      9.7.1. Special Fuel Vehicle
      9.7.2. Dual-Fuel Vehicle
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America LPG Automotive Demand Share Forecast, 2019-2026

10. Latin America LPG Automotive Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America LPG Automotive Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America LPG Automotive Market Size and Volume Forecast by Application
      10.4.1. Commercial Car
      10.4.2. Personal Car
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America LPG Automotive Market Size and Volume Forecast by Type
      10.7.1. Special Fuel Vehicle
      10.7.2. Dual-Fuel Vehicle
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America LPG Automotive Demand Share Forecast, 2019-2026

11. Europe LPG Automotive Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe LPG Automotive Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe LPG Automotive Market Size and Volume Forecast by Application
      11.4.1. Commercial Car
      11.4.2. Personal Car
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe LPG Automotive Market Size and Volume Forecast by Type
      11.7.1. Special Fuel Vehicle
      11.7.2. Dual-Fuel Vehicle
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe LPG Automotive Demand Share, 2019-2026

12. Asia Pacific LPG Automotive Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific LPG Automotive Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific LPG Automotive Market Size and Volume Forecast by Application
      12.4.1. Commercial Car
      12.4.2. Personal Car
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific LPG Automotive Market Size and Volume Forecast by Type
      12.7.1. Special Fuel Vehicle
      12.7.2. Dual-Fuel Vehicle
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific LPG Automotive Demand Share, 2019-2026

13. Middle East & Africa LPG Automotive Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa LPG Automotive Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa LPG Automotive Market Size and Volume Forecast by Application
      13.4.1. Commercial Car
      13.4.2. Personal Car
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa LPG Automotive Market Size and Volume Forecast by Type
      13.7.1. Special Fuel Vehicle
      13.7.2. Dual-Fuel Vehicle
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa LPG Automotive Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global LPG Automotive Market: Market Share Analysis
   14.2. LPG Automotive Distributors and Customers
   14.3. LPG Automotive Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. FCA Group Overview Financials Developments Strategic Outlook
      14.4.2. Ford Overview Financials Developments Strategic Outlook
      14.4.3. Suzuki Overview Financials Developments Strategic Outlook
      14.4.4. Iconiq Overview Financials Developments Strategic Outlook
      14.4.5. Kion Group Overview Financials Developments Strategic Outlook
      14.4.6. AC S.A. Overview Financials Developments Strategic Outlook
      14.4.7. Landirenzo Overview Financials Developments Strategic Outlook
      14.4.8. Volkswagen Overview Financials Developments Strategic Outlook
      14.4.9. GM Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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