The Africa CNG and LPG vehicle market size reached approximately USD 1.51 Billion in 2024. The market is projected to grow at a CAGR of 7.10% between 2025 and 2034, reaching a value of around USD 3.00 Billion by 2034.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
7.1%
Value in USD Billion
2025-2034
Africa CNG and LPG Vehicle Market Outlook
*this image is indicative*
CNG and LPG vehicles are vehicles that are powered by alternative fuels. CNG, an acronym for compressed natural gas, is primarily composed of methane. CNG vehicles utilise natural gas as fuel instead of gasoline or diesel. On the other hand, LPG stands for liquefied petroleum gas, which primarily consists of propane or butane. LPG vehicles utilise liquefied petroleum gas as a fuel source instead of gasoline or diesel to operate.
The EMR’s report titled “Africa CNG and LPG Vehicle Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Fuel Type
Market Breakup by Kit Type
Market Breakup by Vehicle Type
Market Breakup by Fitting
Market Breakup by Region
According to the Africa CNG and LPG vehicle market analysis, compressed natural gas is likely to play a major role in the development of the market. The major factor driving the demand for compressed natural gas (CNG) can be attributed to its low cost, which significantly reduces the per-kilometre driving expenses for vehicles. This cost advantage has proven to be an attractive incentive, particularly for taxi fleet operators, leading to a growing trend of converting conventional fuel vehicles to CNG-powered alternatives.
Egypt is expected to hold major portion of the Africa CNG and LPG vehicle market share due to the extensive natural gas consumption in the country. The Egyptian government is one of the biggest investors and promoters of CNG vehicles, and it provides financial assistance to boost the adoption of such vehicles. It has also implemented a conversion programme that seeks to enhance the conversion rate to bio-fuel vehicles by leveraging the affordability of CNG.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Africa CNG and LPG vehicle market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Volkswagen Group is a German-based multinational automotive manufacturer, serving as a prominent player in the global automotive sector and headquartered in Wolfsburg, Germany. Established in 1937, the company has achieved significant growth to secure its position as one of the largest automobile manufacturers worldwide.
Volvo Group is a renowned Swedish multinational manufacturer with expertise in commercial vehicles, construction equipment, and solutions for marine and industrial applications. The company's headquarters are situated in Gothenburg, Sweden, and it was established in 1927.
Ford Motor Company, an American multinational automaker, has its headquarters situated in Michigan. Established by Henry Ford on June 16, 1903, it holds a distinguished position as one of the oldest and largest automobile manufacturers worldwide.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other Africa CNG and LPG vehicle market players include Hyundai Motor Company, Suzuki Motor Corporation, Landi Renzo S.p.A., Exogas Africa, Westport Fuel Systems Italia S.r.l., Iveco Group, and Innoson Vehicle Manufacturing, among others.
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In 2024, the market reached an approximate value of USD 1.51 Billion.
The market is projected to grow at a CAGR of 7.10% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 3.00 Billion by 2034.
The market is being driven by rising concerns about environmental pollution and the rising urban population in various countries of Africa.
The development of the market is propelled by the rising support from governments for the transition to bio-fuel-driven vehicles and the introduction of incentive plans aimed at promoting sustainable transportation.
The major regions in the market include South Africa, Egypt, Algeria, and Nigeria, among others.
The different fittings for the vehicles include OEM and aftermarket.
The key players in the market include Volkswagen Group, Volvo Group, Ford Motor Company, Hyundai Motor Company, Suzuki Motor Corporation, Landi Renzo S.p.A., Exogas Africa, Westport Fuel Systems Italia S.r.l., Iveco Group, and Innoson Vehicle Manufacturing, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Fuel Type |
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| Breakup by Kit Type |
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| Breakup by Vehicle Type |
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| Breakup by Fitting |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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