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U.S. Natural Gas Vehicle Market By Type (Class 6, Class 7, Class 8); By Application (Transit Buses, Construction, Waste Management Vehicles, Other Commercial Vehicles); By Fuel Type (CNG (Compressed Natural Gas), LNG (Liquefied Natural Gas)); By Distribution Channel (Direct Sales, Distributor, Retailer) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Report ID: 153912 | Report Format : Excel, PDF

Market Overview:

The U.S. Natural Gas Vehicle Market size was valued at USD 4,600.00 million in 2018, growing to USD 5,546.25 million in 2024, and is anticipated to reach USD 9,308.08 million by 2032, at a CAGR of 6.75% during the forecast period.

REPORT ATTRIBUTE DETAILS
Historical Period 2020-2023
Base Year 2024
Forecast Period 2025-2032
U.S. Natural Gas Vehicle Market Size 2024 USD 5,546.25 million
U.S. Natural Gas Vehicle Market, CAGR 6.75%
U.S. Natural Gas Vehicle Market Size 2032  USD 9,308.08 million

 

The market growth is driven by rising environmental concerns, government initiatives promoting clean fuels, and cost advantages over gasoline and diesel vehicles. Increasing investments in compressed natural gas (CNG) and liquefied natural gas (LNG) infrastructure are supporting adoption across commercial fleets. Fleet operators are also shifting toward natural gas vehicles to reduce emissions and operational costs, while advances in engine technology improve performance and reliability.

Regionally, states such as California, Texas, and New York lead the U.S. market due to strong policy support, funding programs, and established refueling infrastructure. The Midwest and Southeast regions are emerging as new growth hubs driven by logistics expansion and public transit projects. Federal incentives, combined with local clean energy mandates, continue to accelerate natural gas vehicle deployment nationwide.

U.S. Natural Gas Vehicle Market size

Market Insights:

  • The U.S. Natural Gas Vehicle Market was valued at USD 4,600.00 million in 2018, expected to reach USD 5,546.25 million in 2024 and USD 9,308.08 million by 2032, growing at a CAGR of 6.75% during the forecast period.
  • The West region (38%), South region (30%), and Midwest & Northeast combined (32%) dominate due to advanced refueling networks, favorable emission policies, and high fleet adoption across logistics and municipal sectors.
  • The South region, holding around 30%, is the fastest-growing driven by LNG infrastructure expansion, abundant natural gas reserves, and strong industrial fleet demand.
  • Direct Sales account for about 42% of total distribution share, driven by OEM-led fleet procurement and government contracts.
  • Retailer channels represent roughly 34% of the market, expanding rapidly with dealership partnerships and improved aftersales support nationwide.

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Market Drivers:

Rising Government Support and Clean Fuel Policies Encouraging Adoption

The U.S. Natural Gas Vehicle Market benefits from increasing government initiatives promoting low-emission transportation. Federal and state authorities provide tax credits, rebates, and infrastructure grants to stimulate the use of CNG and LNG vehicles. Regulations such as EPA emission standards push fleet operators to switch from diesel to cleaner fuels. Local governments also support public fleet conversions and set targets for greenhouse gas reductions. These policies strengthen market adoption across both commercial and municipal segments. It creates a favorable environment for technology investments. The rising focus on energy independence further supports domestic natural gas use. Policy continuity ensures sustained long-term growth and market stability.

  • For instance, Freightliner and Clean Energy Fuels launched the 2026 Cascadia demo day cab featuring Cummins X15N—a 15-liter natural gas engine producing up to 500 horsepower and meeting EPA 2024 NOx and PM emission standards, supporting compliance for fleets benefiting from recent incentives.

Lower Operational Costs Driving Fleet Operator Transition

Fleet operators choose natural gas vehicles due to reduced fuel and maintenance costs. Natural gas offers significant price stability compared to gasoline or diesel, enhancing budget predictability. Lower per-mile operating expenses make it appealing for long-haul transport and logistics companies. High-mileage users such as buses and waste collection vehicles achieve faster payback periods. The U.S. Natural Gas Vehicle Market gains traction from fleet modernization programs emphasizing cost control. It attracts major logistics operators seeking fuel-efficient, cleaner fleets. Infrastructure expansion for refueling supports these transitions. Reduced total cost of ownership reinforces adoption among both private and public fleet owners.

  • For instance, Kenworth’s T680 and T880 equipped with Cummins X15N have shown fuel cost reductions of up to 40% compared to diesel, with oil change intervals extended to 60,000 miles in verified operational testing, directly improving cost efficiency for logistics fleets in modernization programs.

Expansion of CNG and LNG Infrastructure Enhancing Accessibility

Infrastructure development plays a vital role in accelerating natural gas vehicle adoption. The growth of nationwide CNG and LNG refueling stations supports cross-country mobility. Public-private partnerships are investing in strategic corridor networks and urban fueling hubs. Improved storage technology reduces fuel handling complexity and increases refueling efficiency. The U.S. Natural Gas Vehicle Market benefits from growing accessibility across states and metropolitan areas. It encourages consumers and fleet managers to shift toward sustainable alternatives. Integration with digital monitoring systems improves fuel management. The availability of reliable infrastructure enhances user confidence and boosts nationwide fleet conversions.

Technological Advancements in Vehicle Performance and Engine Efficiency

Continuous R&D investments improve the performance and reliability of natural gas vehicles. Engine manufacturers integrate advanced combustion and fuel injection systems to enhance mileage. Dual-fuel systems provide flexibility between CNG and LNG, extending driving ranges. Lightweight storage cylinders increase fuel capacity while reducing overall vehicle weight. The U.S. Natural Gas Vehicle Market benefits from rising innovation in engine calibration and control systems. It enhances fuel efficiency and lowers emission output. Integration of telematics helps operators optimize usage and maintenance schedules. Growing OEM participation ensures a broader range of models for commercial and private use.

Market Trends:

Increasing Integration of Renewable Natural Gas in Vehicle Fleets

The U.S. Natural Gas Vehicle Market is shifting toward renewable natural gas (RNG) adoption. RNG, produced from organic waste, significantly reduces lifecycle emissions. Fleet operators prefer RNG for achieving carbon-neutral operations. Utility companies are integrating RNG into their existing distribution pipelines to enhance sustainability. It aligns with corporate ESG goals and strengthens brand image among clean transport adopters. RNG credits and incentives encourage utilities to expand supply. Cities deploying waste-to-energy programs contribute to fuel diversification. This trend positions RNG as a key growth catalyst within alternative fuel mobility.

  • For instance, Peterbilt’s Model 579 with Cummins X15N is used by Airgas and other fleets in Clean Energy Fuels’ RNG program at over 550 stations, where fleets have displaced more than 1.5 million gallons of diesel per year and realized up to 80% reductions in greenhouse gas emissions through large-scale fleet conversions.

Emergence of Bi-Fuel and Dual-Fuel Vehicle Technologies

Automotive manufacturers are introducing advanced bi-fuel and dual-fuel engines to improve flexibility. These vehicles operate on both natural gas and gasoline or diesel, extending operational convenience. The U.S. Natural Gas Vehicle Market observes rising adoption among logistics and municipal fleets. It helps address range anxiety while optimizing refueling availability. Advanced switching systems improve transition between fuel types without performance loss. OEMs are enhancing durability and emission performance for these vehicles. Fleet managers adopt bi-fuel engines to maintain route reliability in underserved regions. The dual-fuel configuration trend boosts practicality and accelerates adoption across diverse applications.

Rising Adoption in Public Transportation and Heavy-Duty Vehicles

Public transit agencies are adopting CNG buses to meet emission reduction goals. Heavy-duty trucks using LNG are expanding across freight corridors. The U.S. Natural Gas Vehicle Market benefits from strong municipal fleet replacement programs. Long-haul logistics firms integrate LNG vehicles to comply with environmental regulations. Engine advancements provide power parity with diesel engines, improving reliability for cargo transport. State funding programs assist public transit networks in upgrading to natural gas fleets. Adoption in waste collection and airport transit segments continues to expand. This widespread application strengthens the market’s foundation across transportation sectors.

Growing Collaboration Between Automakers and Energy Providers

Automakers are partnering with gas producers and infrastructure developers to expand market access. Joint ventures aim to enhance refueling infrastructure and technology integration. The U.S. Natural Gas Vehicle Market gains from collaboration that aligns vehicle production with fuel availability. Partnerships accelerate pilot projects in logistics, transit, and municipal fleets. Energy firms co-invest in fleet transition programs to increase consumption. These collaborations drive innovation across storage systems and engine design. It ensures consistent supply and better performance reliability. Strong cross-industry alliances create a cohesive value chain that fosters market growth.

U.S. Natural Gas Vehicle Market share

Market Challenges Analysis:

Limited Refueling Infrastructure and Range Constraints Restricting Growth

Despite growth in major corridors, many regions still lack adequate natural gas refueling facilities. Limited infrastructure discourages private and small fleet adoption, particularly outside metropolitan zones. The U.S. Natural Gas Vehicle Market faces logistical barriers in long-haul operations due to range limitations. It affects consumer confidence in consistent fuel availability. Infrastructure installation requires high capital investment and coordination among stakeholders. Uneven regional coverage leads to operational inefficiencies. Fleet managers hesitate to adopt large-scale conversions without dependable refueling support. Expanding refueling networks remains essential to achieving sustainable nationwide adoption.

High Upfront Vehicle Costs and Technical Complexity Affecting Adoption

Initial purchase prices for natural gas vehicles remain higher than conventional models. Cost differences arise from specialized fuel systems, high-pressure tanks, and limited production volumes. The U.S. Natural Gas Vehicle Market experiences slower uptake among individual buyers due to affordability concerns. It relies heavily on corporate and government fleets for demand stability. Maintenance requires specialized training and service tools, adding operational burden. Technicians need consistent skill upgrades to handle fuel system maintenance safely. Component wear and periodic inspections increase total service costs. Reducing vehicle price gaps and expanding service expertise will determine long-term competitiveness.

Market Opportunities:

Rising Investment in Renewable Natural Gas and Clean Fuel Infrastructure

Growing focus on renewable energy creates opportunities for RNG-based transportation networks. Federal funding supports biogas upgrading and injection into existing pipelines. The U.S. Natural Gas Vehicle Market can capitalize on low-carbon transportation programs encouraging RNG deployment. It promotes circular energy use and aligns with sustainability targets. Municipal waste management systems contribute to scalable feedstock sources. Expanding RNG production hubs enables greater fuel diversification. Energy firms and fleet operators collaborating on RNG supply agreements will strengthen market presence. This transition enhances environmental value while driving long-term profitability.

Expansion in Commercial Fleets and Regional Distribution Networks

Commercial and logistics operators are key growth contributors for natural gas vehicles. Regional freight corridors and intracity transport routes increasingly prefer CNG and LNG fleets. The U.S. Natural Gas Vehicle Market benefits from rising e-commerce logistics and urban distribution activity. It gains momentum through dedicated fleet conversion programs and corporate sustainability mandates. Partnerships with fuel providers simplify transition and refueling logistics. The rise of local delivery operations creates a need for efficient, low-emission vehicles. Fleet modernization initiatives across state agencies support future demand. Widening fleet application scope ensures steady market expansion through the decade.

Market Segmentation Analysis:

By Type

The U.S. Natural Gas Vehicle Market is segmented into Class 6, Class 7, and Class 8 vehicles. Class 8 dominates due to its extensive use in heavy-duty logistics and freight operations. Class 7 vehicles gain traction among regional transport and waste collection fleets. Class 6 serves medium-duty applications such as delivery and municipal services. It benefits from growing fleet electrification programs focused on low-emission alternatives. Each class reflects strong adoption across industries seeking cost-efficient transport solutions. Increased investment in manufacturing capabilities supports type-wise growth. Fleet modernization efforts continue to enhance segment competitiveness nationwide.

  • For instance, Volvo Trucks North America’s Class 8 VNL trucks equipped with new D13 VGT natural gas engines have seen more than 1,000 units deployed in 2025, supporting long-haul operations with 80,000 lbs GVWR. Mack’s Granite CNG trucks lead Class 7 waste industry fleets at weights up to 33,000 lbs GVWR, and Greenkraft’s G2/G4 models support medium-duty Class 6 municipal and utility fleet applications over 12,000 lbs GVWR.

By Application

Transit buses hold a major share driven by clean transportation initiatives across metropolitan areas. Construction vehicles are adopting natural gas engines to meet emission mandates. Waste management fleets use CNG trucks to reduce urban pollution and fuel costs. Other commercial vehicles, including delivery vans and service trucks, show steady expansion across private logistics. It highlights the market’s penetration into public and private utility sectors. Government funding for low-emission fleets strengthens application diversity. Enhanced fuel efficiency and lower maintenance costs attract operators toward gas-based vehicles. Broader application coverage ensures consistent market scalability.

  • For instance, Mack’s Granite CNG with Cummins L9N-G delivers 320 hp for refuse trucks, now standard in major city fleets. Los Angeles County’s waste fleet includes over 900 active CNG-powered trucks, achieving verified 60% NOx emission reductions in 2025. Greenkraft’s G4 and NGV Global Group’s Ford F-650 units serve utility and logistics operators, and the market saw more than 150 new public refueling sites added in 2025 to support fleet adoption and operational reliability.

By Fuel Type

CNG dominates the market due to lower costs, wide availability, and robust refueling infrastructure. LNG usage is growing among long-haul fleets requiring higher energy density and extended driving range. It supports long-distance logistics and heavy-duty applications effectively. Improved LNG storage and supply systems encourage broader adoption. Operators select fuel type based on route length and fleet utilization patterns. Federal support for alternative fuel production reinforces market stability. The balance between CNG and LNG enhances fuel diversity and resilience.

By Distribution Channel

Direct sales lead the market, supported by OEM partnerships and fleet procurement programs. Distributor networks ensure regional accessibility and aftersales support for commercial operators. Retail channels expand through partnerships with dealerships and service centers. It strengthens supply reliability across states and vehicle categories. Distribution diversity allows greater flexibility in fleet sourcing. Structured sales channels improve customer reach and operational transparency. Expanding dealer presence enhances product availability nationwide.

U.S. Natural Gas Vehicle Market segmentation

Segmentation:

By Type

  • Class 6
  • Class 7
  • Class 8

By Application

  • Transit Buses
  • Construction
  • Waste Management Vehicles
  • Other Commercial Vehicles

By Fuel Type

  • CNG (Compressed Natural Gas)
  • LNG (Liquefied Natural Gas)

By Distribution Channel

  • Direct Sales
  • Distributor
  • Retailer

Regional Analysis:

West Region – Strong Policy Support and Infrastructure Leadership

The West region holds the largest share of the U.S. Natural Gas Vehicle Market at 38%. California leads this growth through aggressive emission control policies, renewable energy mandates, and extensive CNG and LNG refueling networks. State incentives and fleet modernization programs promote large-scale adoption in transit and waste management fleets. It benefits from collaborations between local governments and energy providers aimed at reducing dependence on diesel. Urban centers such as Los Angeles and San Diego continue expanding natural gas transit fleets. The region’s proactive environmental regulations and funding programs encourage sustained vehicle deployment. Continuous infrastructure investment keeps the West at the forefront of low-emission transportation initiatives.

South Region – Expanding Logistics Network and Industrial Applications

The South region accounts for about 30% of the U.S. Natural Gas Vehicle Market. Texas dominates this share due to its strong natural gas production base and commercial transport demand. High fuel availability and lower operational costs attract freight and construction operators. State-level grants for alternative fuel vehicles accelerate adoption in urban and industrial corridors. It experiences rising LNG adoption for long-haul trucking along major interstate routes. Growth in port operations and regional logistics hubs strengthens the segment’s foundation. Expansion of refueling infrastructure and public-private partnerships continues to enhance accessibility across southern states.

Midwest and Northeast Regions – Emerging Growth Corridors with Policy Backing

The Midwest and Northeast collectively represent around 32% of the U.S. Natural Gas Vehicle Market. Midwest states like Ohio and Illinois show increasing deployment in municipal fleets and waste collection services. The Northeast, led by New York and Pennsylvania, invests heavily in sustainable urban mobility and fleet conversion projects. It benefits from federal and regional funding targeting emission reductions and renewable energy integration. Cold weather operations drive demand for efficient LNG storage systems in these regions. Both regions witness rapid progress in public transportation and utility vehicle segments. Rising policy-driven adoption and infrastructure upgrades position them as emerging growth corridors for natural gas mobility.

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Key Player Analysis:

  • Freightliner (Daimler Trucks North America)
  • Kenworth (PACCAR)
  • Peterbilt (PACCAR)
  • Mack Trucks (Volvo Group)
  • Volvo Trucks North America
  • Navistar (International Trucks)
  • Greenkraft Inc.
  • NGV Global Group
  • Hexagon Agility
  • McNeilus Truck & Manufacturing

Competitive Analysis:

The U.S. Natural Gas Vehicle Market is moderately consolidated, with key players such as Freightliner, Kenworth, Peterbilt, and Volvo Trucks North America leading through product innovation and strong distribution networks. It focuses on expanding fuel-efficient and low-emission models tailored for commercial and municipal fleets. Companies invest heavily in LNG and CNG engine technology to enhance durability and fuel economy. OEMs collaborate with energy providers to build refueling infrastructure and fleet conversion programs. The competitive focus remains on cost efficiency, performance, and compliance with emission standards. Start-ups and niche manufacturers compete by offering customized vehicle solutions and retrofit kits. Continuous R&D investment ensures steady advancement and differentiation within the U.S. market landscape.

Recent Developments:

  • In October 2025, Clean Energy Fuels Corp. launched a demo program featuring the 2026 Freightliner Cascadia Gen 5 day cab equipped with the Cummins X15N natural gas engine at the American Trucking Associations’ Management Conference & Exhibition in San Diego. The initiative partners with fleets including Airgas and builds on similar successful programs with Peterbilt. The demonstration received praise for performance, fuel efficiency, and reduced emissions, reinforcing the X15N’s potential to reshape heavy-duty trucking in the U.S. natural gas vehicle market.
  • In May 2025, Volvo Trucks North America announced plans to certify its new CARB-24 compliant D13 VGT engine for the upcoming VNL and VNR platforms. The engine, set for late 2025 deliveries, provides ultra-low NOx and PM emissions and significant efficiency improvements. Volvo also celebrated surpassing 15 million zero-tailpipe emission miles with its electric VNR fleet in North America and announced expanded EV dealership support nationwide.
  • In April 2025, Mack Trucks (Volvo Group) debuted the all-new Mack Pioneer model at the ACT Expo 2025 in Anaheim, California, highlighting advances in clean transportation. Mack showcased its Granite CNG model for waste and recycling applications at WasteExpo 2025 (May 5-8), featuring the Cummins L9N-G engine, delivering 320 hp and demonstrating reduced emissions and efficient performance for the refuse and urban service sector.

Report Coverage:

The research report offers an in-depth analysis based on type, application, fuel type, and distribution channel. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook:

  • Demand for natural gas vehicles will grow with federal incentives promoting clean transportation.
  • LNG adoption will expand among long-haul fleets due to improved range and storage systems.
  • Renewable natural gas integration will strengthen environmental compliance and emission targets.
  • OEM partnerships with fuel suppliers will accelerate infrastructure development nationwide.
  • Technological upgrades in fuel systems will enhance vehicle efficiency and safety standards.
  • Municipal and public fleets will lead fleet transition toward sustainable transport operations.
  • The CNG segment will maintain dominance across medium and regional transport applications.
  • Private logistics operators will invest in NGV fleets for operational cost reduction.
  • Advancements in tank design and lightweight materials will improve payload efficiency.
  • The market will experience steady expansion supported by policy continuity and R&D investment.

CHAPTER NO. 1 : INTRODUCTION 18

1.1.1. Report Description 18

Purpose of the Report 18

USP & Key Offerings 18

1.1.2. Key Benefits for Stakeholders 18

1.1.3. Target Audience 19

1.1.4. Report Scope 19

1.1.5. Regional Scope 20

CHAPTER NO. 2 : EXECUTIVE SUMMARY 21

2.1. U.S. Natural Gas Vehicle Market Snapshot 21

2.1.1. U.S. Natural Gas Vehicle Market, 2020 – 2033 (Units) (USD Million) 23

2.2. Insights from Primary Respondents 24

CHAPTER NO. 3 : U.S. NATURAL GAS VEHICLE MARKET – INDUSTRY ANALYSIS 25

3.1. Introduction 25

3.2. Market Drivers 26

3.2.1. Rising Environmental Concerns and Emission Regulations 26

3.2.2. Growing Adoption in Fleet and Commercial Applications 27

3.3. Market Restraints 28

3.3.1. High Initial Vehicle and Conversion Costs 28

3.4. Market Opportunities 29

3.4.1. Market Opportunity Analysis 29

3.5. Porter’s Five Forces Analysis 30

CHAPTER NO. 4 : ANALYSIS COMPETITIVE LANDSCAPE 31

4.1. Company Market Share Analysis – 2024 31

4.1.1. U.S. Natural Gas Vehicle Market: Company Market Share, by Volume, 2024 31

4.1.2. U.S. Natural Gas Vehicle Market: Company Market Share, by Revenue, 2024 32

4.1.3. U.S. Natural Gas Vehicle Market: Top 6 Company Market Share, by Revenue, 2024 33

4.1.4. U.S. Natural Gas Vehicle Market: Top 3 Company Market Share, by Revenue, 2024 33

4.2. U.S. Natural Gas Vehicle Market Company Volume Market Share, 2023 34

4.3. U.S. Natural Gas Vehicle Market Company Revenue Market Share, 2023 35

4.4. Company Assessment Metrics, 2024 36

4.4.1. Stars 36

4.4.2. Emerging Leaders 36

4.4.3. Pervasive Players 36

4.4.4. Participants 36

4.5. Start-ups /SMEs Assessment Metrics, 2024 36

4.5.1. Progressive Companies 36

4.5.2. Responsive Companies 36

4.5.3. Dynamic Companies 36

4.5.4. Starting Blocks 36

4.6. Strategic Developments 37

4.6.1. Acquisitions & Mergers 37

4.6.2. New Product Launch 37

4.6.3. Regional Expansion 37

4.7. Key Players Product Matrix 39

CHAPTER NO. 5 : PESTEL & ADJACENT MARKET ANALYSIS 41

5.1. PESTEL 41

5.1.1. Political Factors 41

5.1.2. Economic Factors 41

5.1.3. Social Factors 41

5.1.4. Technological Factors 41

5.1.5. Environmental Factors 41

5.1.6. Legal Factors 41

5.2. Adjacent Market Analysis 41

CHAPTER NO. 6 : U.S. NATURAL GAS VEHICLE MARKET – BY TYPE SEGMENT ANALYSIS 42

6.1. U.S. Natural Gas Vehicle Market Overview, by Type Segment 42

6.1.1. U.S. Natural Gas Vehicle Market Volume Share, By Type, 2024 & 2033 43

6.1.2. U.S. Natural Gas Vehicle Market Revenue Share, By Type, 2024 & 2033 43

6.1.3. U.S. Natural Gas Vehicle Market Attractiveness Analysis, By Type 44

6.1.4. Incremental Revenue Growth Opportunity, by Type, 2026 – 2033 45

6.1.5. U.S. Natural Gas Vehicle Market Revenue, By Type, 2020, 2024, 2029 & 2033 46

6.2. Class 6 47

6.3. Class 7 48

6.4. Class 8 49

CHAPTER NO. 7 : U.S. NATURAL GAS VEHICLE MARKET – BY APPLICATION SEGMENT ANALYSIS 50

7.1. U.S. Natural Gas Vehicle Market Overview, by Application Segment 50

7.1.1. U.S. Natural Gas Vehicle Market Volume Share, By Application, 2024 & 2033 51

7.1.2. U.S. Natural Gas Vehicle Market Revenue Share, By Application, 2024 & 2033 51

7.1.3. U.S. Natural Gas Vehicle Market Attractiveness Analysis, By Application 52

7.1.4. Incremental Revenue Growth Opportunity, by Application, 2026 – 2033 53

7.1.5. U.S. Natural Gas Vehicle Market Revenue, By Application, 2020, 2024, 2029 & 2033 54

7.2. Transit Buses 55

7.3. Construction 56

7.4. Waste Management Vehicles 57

7.5. Other Commercial Vehicles 58

CHAPTER NO. 8 : U.S. NATURAL GAS VEHICLE MARKET – BY FUEL TYPE SEGMENT ANALYSIS 59

8.1. U.S. Natural Gas Vehicle Market Overview, by Fuel Type Segment 59

8.1.1. U.S. Natural Gas Vehicle Market Attractiveness Analysis, By End-user 60

8.1.2. U.S. Natural Gas Vehicle Market Volume Share, By End-user, 2024 & 2033 61

8.1.3. U.S. Natural Gas Vehicle Market Revenue Share, By End-user, 2024 & 2033 61

8.1.4. Incremental Revenue Growth Opportunity, by End-user, 2026 – 2033 62

8.1.5. U.S. Natural Gas Vehicle Market Revenue, By End-user, 2020, 2024, 2029 & 2033 63

8.2. CNG 64

8.3. LNG 65

CHAPTER NO. 9 : U.S. NATURAL GAS VEHICLE MARKET – BY DISTRIBUTION CHANNEL SEGMENT ANALYSIS 66

9.1. U.S. Natural Gas Vehicle Market Overview, by Distribution Channel Segment 66

9.1.1. U.S. Natural Gas Vehicle Market Volume Share, By Distribution Channel, 2024 & 2033 67

9.1.2. U.S. Natural Gas Vehicle Market Revenue Share, By Distribution Channel, 2024 & 2033 67

9.1.3. U.S. Natural Gas Vehicle Market Attractiveness Analysis, By Distribution Channel 68

9.1.4. Incremental Revenue Growth Opportunity, by Distribution Channel, 2026 – 2033 69

9.1.5. U.S. Natural Gas Vehicle Market Revenue, By Distribution Channel, 2020, 2024, 2029 & 2033 70

9.2. Direct Sales 71

9.3. Distributor 72

9.4. Retailer 73

CHAPTER NO. 10 : NATURAL GAS VEHICLE MARKET – U.S. 74

10.1. U.S. 74

10.1.1. Key Highlights 74

10.1.2. U.S. Natural Gas Vehicle Market Volume, By States, 2020 – 2025 (Units) 75

10.1.3. U.S. Natural Gas Vehicle Market Revenue, By States, 2020 – 2025 (USD Million) 76

10.1.4. U.S. Natural Gas Vehicle Market Volume, By Type, 2020 – 2025 (Units) 77

10.1.5. U.S. Natural Gas Vehicle Market Revenue, By Type, 2020 – 2025 (USD Million) 78

10.1.6. U.S. Natural Gas Vehicle Market Volume, By Application, 2020 – 2025 (Units) 79

10.1.7. U.S. Natural Gas Vehicle Market Revenue, By Application, 2020 – 2025 (USD Million) 80

10.1.8. U.S. Natural Gas Vehicle Market Volume, By End-user, 2020 – 2025 (Units) 81

10.1.9. U.S. Natural Gas Vehicle Market Revenue, By End-user, 2020 – 2025 (USD Million) 82

10.1.10. U.S. Natural Gas Vehicle Market Volume, By Distribution Channel, 2020 – 2025 (Units) 83

10.1.11. U.S. Natural Gas Vehicle Market Revenue, By Distribution Channel, 2020 – 2025 (USD Million) 84

10.1.12. U.S. Natural Gas Vehicle Market Volume, By Sales Channel, 2020 – 2025 (Units) 85

10.1.13. U.S. Natural Gas Vehicle Market Revenue, By Sales Channel, 2020 – 2025 (USD Million) 86

CHAPTER NO. 11 : COMPANY PROFILES 87

11.1. Freightliner (Daimler Trucks North America) 87

11.1.1. Company Overview 87

11.1.2. Product Portfolio 87

11.1.3. Financial Overview 87

11.2. Kenworth (PACCAR) 88

11.3. Peterbilt (PACCAR) 88

11.4. Mack Trucks (Volvo Group) 88

11.5. Volvo Trucks North America 88

11.6. Navistar (International Trucks) 88

11.7. Greenkraft Inc. 88

11.8. NGV Global Group 88

11.9. Hexagon Agility 88

11.10. McNeilus Truck & Manufacturing 88

Disclaimer 89

 

List of Figures

FIG NO. 1. U.S. Natural Gas Vehicle Market Volume & Revenue, 2020 – 2033 (Units) (USD Million) 23

FIG NO. 2. Porter’s Five Forces Analysis for U.S. Natural Gas Vehicle Market 30

FIG NO. 3. Company Share Analysis, 2024 31

FIG NO. 4. Company Share Analysis, 2024 32

FIG NO. 5. Company Share Analysis, 2024 33

FIG NO. 6. Company Share Analysis, 2024 33

FIG NO. 7. U.S. Natural Gas Vehicle Market – Company Volume Market Share, 2023 34

FIG NO. 8. U.S. Natural Gas Vehicle Market – Company Revenue Market Share, 2023 35

FIG NO. 9. U.S. Natural Gas Vehicle Market Volume Share, By Type, 2024 & 2033 43

FIG NO. 10. U.S. Natural Gas Vehicle Market Revenue Share, By Type, 2024 & 2033 43

FIG NO. 11. Market Attractiveness Analysis, By Type 44

FIG NO. 12. Incremental Revenue Growth Opportunity by Type, 2026 – 2033 45

FIG NO. 13. U.S. Natural Gas Vehicle Market Revenue, By Type, 2020, 2024, 2029 & 2033 46

FIG NO. 14. U.S. Natural Gas Vehicle Market for Class 6, Volume & Revenue (Units) (USD Million) 2020 – 2033 47

FIG NO. 15. U.S. Natural Gas Vehicle Market for Class 7, Volume & Revenue (Units) (USD Million) 2020 – 2033 48

FIG NO. 16. U.S. Natural Gas Vehicle Market for Class 8, Volume & Revenue (Units) (USD Million) 2020 – 2033 49

FIG NO. 17. U.S. Natural Gas Vehicle Market Volume Share, By Application, 2024 & 2033 51

FIG NO. 18. U.S. Natural Gas Vehicle Market Revenue Share, By Application, 2024 & 2033 51

FIG NO. 19. Market Attractiveness Analysis, By Application 52

FIG NO. 20. Incremental Revenue Growth Opportunity by Application, 2026 – 2033 53

FIG NO. 21. U.S. Natural Gas Vehicle Market Revenue, By Application, 2020, 2024, 2029 & 2033 54

FIG NO. 22. U.S. Natural Gas Vehicle Market for Transit Buses, Volume & Revenue (Units) (USD Million) 2020 – 2033 55

FIG NO. 23. U.S. Natural Gas Vehicle Market for Construction, Volume & Revenue (Units) (USD Million) 2020 – 2033 56

FIG NO. 24. U.S. Natural Gas Vehicle Market for Waste Management Vehicles, Volume & Revenue (Units) (USD Million) 2020 – 2033 57

FIG NO. 25. U.S. Natural Gas Vehicle Market for Other Commercial Vehicles, Volume & Revenue (Units) (USD Million) 2020 – 2033 58

FIG NO. 26. Market Attractiveness Analysis, By End-user 60

FIG NO. 27. U.S. Natural Gas Vehicle Market Volume Share, By End-user, 2024 & 2033 61

FIG NO. 28. U.S. Natural Gas Vehicle Market Revenue Share, By End-user, 2024 & 2033 61

FIG NO. 29. Incremental Revenue Growth Opportunity by End-user, 2026 – 2033 62

FIG NO. 30. U.S. Natural Gas Vehicle Market Revenue, By End-user, 2020, 2024, 2029 & 2033 63

FIG NO. 31. U.S. Natural Gas Vehicle Market for CNG, Volume & Revenue (Units) (USD Million) 2020 – 2033 64

FIG NO. 32. U.S. Natural Gas Vehicle Market for LNG, Volume & Revenue (Units) (USD Million) 2020 – 2033 65

FIG NO. 33. U.S. Natural Gas Vehicle Market Volume Share, By Distribution Channel, 2024 & 2033 67

FIG NO. 34. U.S. Natural Gas Vehicle Market Revenue Share, By Distribution Channel, 2024 & 2033 67

FIG NO. 35. Market Attractiveness Analysis, By Distribution Channel 68

FIG NO. 36. Incremental Revenue Growth Opportunity by Distribution Channel, 2026 – 2033 69

FIG NO. 37. U.S. Natural Gas Vehicle Market Revenue, By Distribution Channel, 2020, 2024, 2029 & 2033 70

FIG NO. 38. U.S. Natural Gas Vehicle Market for Direct Sales, Volume & Revenue (Units) (USD Million) 2020 – 2033 71

FIG NO. 39. U.S. Natural Gas Vehicle Market for Distributor, Volume & Revenue (Units) (USD Million) 2020 – 2033 72

FIG NO. 40. U.S. Natural Gas Vehicle Market for Retailer, Volume & Revenue (Units) (USD Million) 2020 – 2033 73

FIG NO. 41. U.S. Natural Gas Vehicle Market Volume & Revenue, 2020 – 2033 (Units) (USD Million) 74

 

List of Tables

TABLE NO. 1. : U.S. Natural Gas Vehicle Market: Snapshot 21

TABLE NO. 2. : Drivers for the U.S. Natural Gas Vehicle Market: Impact Analysis 26

TABLE NO. 3. : Restraints for the U.S. Natural Gas Vehicle Market: Impact Analysis 28

TABLE NO. 4. : U.S. Natural Gas Vehicle Market Volume, By States, 2020 – 2025 (Units) 75

TABLE NO. 5. : U.S. Natural Gas Vehicle Market Volume, By States, 2026 – 2033 (Units) 75

TABLE NO. 6. : U.S. Natural Gas Vehicle Market Revenue, By States, 2020 – 2025 (USD Million) 76

TABLE NO. 7. : U.S. Natural Gas Vehicle Market Revenue, By States, 2026 – 2033 (USD Million) 76

TABLE NO. 8. : U.S. Natural Gas Vehicle Market Volume, By Type, 2020 – 2025 (Units) 77

TABLE NO. 9. : U.S. Natural Gas Vehicle Market Volume, By Type, 2026 – 2033 (Units) 77

TABLE NO. 10. : U.S. Natural Gas Vehicle Market Revenue, By Type, 2020 – 2025 (USD Million) 78

TABLE NO. 11. : U.S. Natural Gas Vehicle Market Revenue, By Type, 2026 – 2033 (USD Million) 78

TABLE NO. 12. : U.S. Natural Gas Vehicle Market Volume, By Application, 2020 – 2025 (Units) 79

TABLE NO. 13. : U.S. Natural Gas Vehicle Market Volume, By Application, 2026 – 2033 (Units) 79

TABLE NO. 14. : U.S. Natural Gas Vehicle Market Revenue, By Application, 2020 – 2025 (USD Million) 80

TABLE NO. 15. : U.S. Natural Gas Vehicle Market Revenue, By Application, 2026 – 2033 (USD Million) 80

TABLE NO. 16. : U.S. Natural Gas Vehicle Market Volume, By End-user, 2020 – 2025 (Units) 81

TABLE NO. 17. : U.S. Natural Gas Vehicle Market Volume, By End-user, 2026 – 2033 (Units) 81

TABLE NO. 18. : U.S. Natural Gas Vehicle Market Revenue, By End-user, 2020 – 2025 (USD Million) 82

TABLE NO. 19. : U.S. Natural Gas Vehicle Market Revenue, By End-user, 2026 – 2033 (USD Million) 82

TABLE NO. 20. : U.S. Natural Gas Vehicle Market Volume, By Distribution Channel, 2020 – 2025 (Units) 83

TABLE NO. 21. : U.S. Natural Gas Vehicle Market Volume, By Distribution Channel, 2026 – 2033 (Units) 83

TABLE NO. 22. : U.S. Natural Gas Vehicle Market Revenue, By Distribution Channel, 2020 – 2025 (USD Million) 84

TABLE NO. 23. : U.S. Natural Gas Vehicle Market Revenue, By Distribution Channel, 2026 – 2033 (USD Million) 84

TABLE NO. 24. : U.S. Natural Gas Vehicle Market Volume, By Sales Channel, 2020 – 2025 (Units) 85

TABLE NO. 25. : U.S. Natural Gas Vehicle Market Volume, By Sales Channel, 2026 – 2033 (Units) 85

TABLE NO. 26. : U.S. Natural Gas Vehicle Market Revenue, By Sales Channel, 2020 – 2025 (USD Million) 86

 

 

TABLE NO. 27. : U.S. Natural Gas Vehicle Market Revenue, By Sales Channel, 2026 – 2033 (USD Million) 86

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Frequently Asked Questions

What is the current market size for U.S. Natural Gas Vehicle Market, and what is its projected size in 2032?

The U.S. Natural Gas Vehicle Market was valued at USD 5,546.25 million in 2024 and is projected to reach USD 9,308.08 million by 2032.

At what Compound Annual Growth Rate is the U.S. Natural Gas Vehicle Market projected to grow between 2024 and 2032?

The U.S. Natural Gas Vehicle Market is projected to grow at a CAGR of 6.75% during the forecast period.

Which U.S. Natural Gas Vehicle Market segment held the largest share in 2024?

Class 8 vehicles held the largest share of the U.S. Natural Gas Vehicle Market in 2024, driven by demand from logistics and heavy-duty applications.

What are the primary factors fueling the growth of the U.S. Natural Gas Vehicle Market?

Key growth drivers include government clean fuel policies, lower operational costs, and expanding CNG and LNG infrastructure across major U.S. states.

Who are the leading companies in the U.S. Natural Gas Vehicle Market?

Leading companies in the U.S. Natural Gas Vehicle Market include Freightliner, Kenworth, Peterbilt, Volvo Trucks North America, Navistar, and Hexagon Agility.

About Author

Ganesh Chandwade

Ganesh Chandwade

Senior Industry Consultant

Ganesh is a senior industry consultant specializing in heavy industries and advanced materials.

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