Sweden CNG Market to 2032
Overview
The Sweden CNG Market is expected to reach a 774.16 USD Million by 2032 and is projected to grow at a CAGR of 2.78% from 2025 to 2032.
Revenue, 2024 (USD Million)
638.93
Forecast, 2032 (USD Million)
774.16
CAGR, 2024 - 2032
2.78%
Report Coverage
Sweden
Sweden CNG Market 2018-2032 USD Million
Sweden CNG Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 638.93 USD Million
- Projected Market Size (2032): 774.16 USD Million
- CAGR (2025-2032): 2.78%
Key Findings of Sweden CNG Market
- The Sweden CNG Market was valued at 638.93 USD Million in 2024.
- The Sweden CNG Market is likely to grow at a CAGR of 2.78% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Associated Gas in Source Segment accounted for the largest share of the market with a revenue of 575.56 USD Million
- The fastest growing segment Sequential in Kits Segment grew Fastest with a CAGR of 3.08% during the forecast period from 2024 to 2032.
Sweden CNG Market Scope
Sweden CNG Market Segmentation & Scope
Distribution Type
- Others
- Composite Manifolds
- Accumulators
- Cylinders/Tanks
End Use
- Heavy Motor Vehicles
- Medium Motor Vehicles
- Light Motor Vehicles
Source
- Non-Associated Gas
- Associated Gas
Kits
- Venturi
- Sequential
Sweden CNG Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 638.93 USD Million |
| Market Value in 2032 | 774.16 USD Million |
| CAGR (2025-2032) | 2.78% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Type,End Use,Source,Kits |
Regional Insights:
-
Leading Market (2024-2032): Sweden, leading in terms of revenue 638.93 USD Million in 2024
- Key Country: Sweden, leading in terms of revenue with value of 638.93 USD Million in 2024.
Segments and Scope
-
Sweden CNG Market to 2032, By Distribution Type
- Cylinders/Tanks is the largest segment in Sweden CNG Market to 2032 with a revenue of 515.61 USD Million in the year 2024.
- Cylinders/Tanks is the Fastest growing segment in Sweden CNG Market to 2032 with a Growth rate of 2.91 % in forecast period 2025-2032.
-
Sweden CNG Market to 2032, By End Use
- Light Motor Vehicles is the largest segment in Sweden CNG Market to 2032 with a revenue of 409.51 USD Million in the year 2024.
- Light Motor Vehicles is the Fastest growing segment in Sweden CNG Market to 2032 with a Growth rate of 3.03 % in forecast period 2025-2032.
-
Sweden CNG Market to 2032, By Source
- Associated Gas is the largest segment in Sweden CNG Market to 2032 with a revenue of 575.56 USD Million in the year 2024.
- Associated Gas is the Fastest growing segment in Sweden CNG Market to 2032 with a Growth rate of 2.82 % in forecast period 2025-2032.
-
Sweden CNG Market to 2032, By Kits
- Sequential is the largest segment in Sweden CNG Market to 2032 with a revenue of 385.31 USD Million in the year 2024.
- Sequential is the Fastest growing segment in Sweden CNG Market to 2032 with a Growth rate of 3.08 % in forecast period 2025-2032.
Sweden CNG Market Company Share Analysis
| Company Name |
|
||
| TotalEnergies | |||
| Chevron Corporation | |||
| Shell PLC | |||
| Adani Group | |||
| Indian Oil Corporation Ltd | |||
Sweden CNG Market Geographical Sales Distribution, 2018-2032 USD Million
Sweden CNG Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Sweden CNG Market is segmented based on Segmentation Distribution Type,End Use,Source,Kits.
Sweden CNG Market was valued at USD 638.93(Revenue in USD Million) in 2023.
Sweden CNG Market is projected to grow at a CAGR of 2.78% during the forecast period of 2024 to 2032.
The Associated Gas segment is expected to dominate the Sweden CNG Market, holding a largest market share of 575.56 USD Million in 2024
Coming Soon....
Sweden CNG Market Scope
Sweden CNG Market Segmentation & Scope
Distribution Type
- Others
- Composite Manifolds
- Accumulators
- Cylinders/Tanks
End Use
- Heavy Motor Vehicles
- Medium Motor Vehicles
- Light Motor Vehicles
Source
- Non-Associated Gas
- Associated Gas
Kits
- Venturi
- Sequential
Frequently Asked Questions
The Sweden CNG Market is segmented based on Segmentation Distribution Type,End Use,Source,Kits.
Sweden CNG Market was valued at USD 638.93(Revenue in USD Million) in 2023.
Sweden CNG Market is projected to grow at a CAGR of 2.78% during the forecast period of 2024 to 2032.
The estimated market value of the Sweden CNG Market for final year is USD 774.16 (USD Million).
Sweden CNG Market Company Profiling
Frequently Asked Questions
The Sweden CNG Market is segmented based on Segmentation Distribution Type,End Use,Source,Kits.
Sweden CNG Market was valued at USD 638.93(Revenue in USD Million) in 2023.
Sweden CNG Market is projected to grow at a CAGR of 2.78% during the forecast period of 2024 to 2032.
The estimated market value of the Sweden CNG Market for final year is USD 774.16 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.