Market Share of MEA And India CNG and LPG Vehicle Industry
The MEA & Indian CNG and LPG vehicle market is neither fragmented nor consolidated due to the presence of both local and international players. Some of the players, like Maruti Suzuki India Limited, MAN SE, IVECO SpA, Bajaj Auto Limited, and TATA Motor Limited, covered more than 50% of the market studied in 2019.
Maruti Suzuki has been successfully satisfying Indian customers by offering contemporary technologies, such as auto gear shift, stylish products, such as Brezza, and eco-friendly options, such asfactory-fittedCNG vehicles at the price point of customer choice.
MAN SE remains to be a leader in the commercial vehicle CNG market, especially in the MEA market.
MEA & India CNG and LPG Vehicle Market Leaders
-
Maruti Suzuki India Ltd.
-
MAN Truck & Bus SE
-
IVECO S.p.A.,
-
Bajaj Auto Limited
-
TATA Motor Limited
*Disclaimer: Major Players sorted in no particular order
