In 2023, the number of liquefied natural gas lorries up to 3500 kg in France stood at approximately 2.34 thousand. The forecasted data shows a consistent growth from 2024 to 2028, starting at 2.41 thousand in 2024 and reaching 2.7 thousand by 2028. This indicates a year-on-year growth ranging from around 3.32% to 3.10% during this period.
The compound annual growth rate (CAGR) over the last five years is anticipated to be around 3.00%, highlighting a steady upward trend in the adoption of liquefied natural gas lorries in France.
Future trends to watch for:
- Increasing environmental regulations may drive further adoption of LNG over traditional fuels.
- Technological advancements in LNG vehicle efficiency could accelerate market growth.
- Fluctuations in global natural gas prices could impact long-term growth projections.