- March 2020 |
- Automotive & Transportation / Automotive
India Automotive CNG/LPG Kit Market Size, By Kit Type (CNG, LPG), By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium Commercial Vehicle, Others), and, By Region (Northern India, Southern India, Eastern India, Western India); Trend Analysis, Competitive Market Share & Forecast, 2016-26
India Automotive CNG/LPG Kit Market Forecast and Trends
Indian Automotive CNG & LPG kit Market has reached USD 5.15 Million units in 2019 and is projected to expand with a growth rate of 7.77%, in Volume terms, during 2020 to 2026. The market is expected to generate a revenue of USD 8.68 million units by 2026. With a large number of Indian cities embarking for cleaner fuel, CNG is gaining momentum in the Indian automotive market.
The use of CNG/LPG kit in the transportation sector is primarily driven by the...