CNG vehicles market to hit US$ 312 billion by 2033, according to new report
Global demand for CNG-powered vehicles is forecasted to register an increase at a stellar 10.9% CAGR from 2023 and 2033 while currently enjoying a revenue of US$ 110.5 billion. The global NGV market is thus expected to secure a valuation of US$ 312 billion by 2033-end, according to data provided by Fact.MR.