The CNG and LPG vehicle market is set to register sales of 102.3 million units by 2030. The major factors accountable for the growth of this industry are the increasing acceptance of eco-friendly vehicles and the ability of LPG and CNG vehicles to replace traditional vehicles. Such vehicles are value for money in the long run.
The CNG category is expected to hold a larger market share by 2030 and is projected to progress with a higher CAGR throughout the forecast period. The adoption of CNG vehicles for mobility, especiall...
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