| Product Code: ETC6154641 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for CNG powertrain in the period 2020-2024 experienced a notable decline with a CAGR of -50.51%. This sharp decrease in imports suggests a significant shift in demand or market dynamics, impacting the trade performance of the sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia CNG Powertrain Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia CNG Powertrain Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia CNG Powertrain Market - Industry Life Cycle |
3.4 Armenia CNG Powertrain Market - Porter's Five Forces |
3.5 Armenia CNG Powertrain Market Revenues & Volume Share, By Drive Type, 2022 & 2032F |
3.6 Armenia CNG Powertrain Market Revenues & Volume Share, By Fuel, 2022 & 2032F |
3.7 Armenia CNG Powertrain Market Revenues & Volume Share, By Vehicle Type, 2022 & 2032F |
4 Armenia CNG Powertrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting the use of alternative fuels |
4.2.2 Growing awareness about environmental issues and the benefits of CNG powertrains |
4.2.3 Rising fuel prices leading to increased demand for cost-effective fuel options |
4.3 Market Restraints |
4.3.1 High initial investment costs for CNG powertrain systems |
4.3.2 Limited availability of CNG refueling infrastructure |
4.3.3 Lack of consumer awareness and education about CNG powertrains |
5 Armenia CNG Powertrain Market Trends |
6 Armenia CNG Powertrain Market, By Types |
6.1 Armenia CNG Powertrain Market, By Drive Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia CNG Powertrain Market Revenues & Volume, By Drive Type, 2022-2032F |
6.1.3 Armenia CNG Powertrain Market Revenues & Volume, By All-wheel Drive, 2022-2032F |
6.1.4 Armenia CNG Powertrain Market Revenues & Volume, By Rear Wheel Drive, 2022-2032F |
6.1.5 Armenia CNG Powertrain Market Revenues & Volume, By Front Wheel Drive, 2022-2032F |
6.2 Armenia CNG Powertrain Market, By Fuel |
6.2.1 Overview and Analysis |
6.2.2 Armenia CNG Powertrain Market Revenues & Volume, By Mono Fuel, 2022-2032F |
6.2.3 Armenia CNG Powertrain Market Revenues & Volume, By Bi-fuel, 2022-2032F |
6.3 Armenia CNG Powertrain Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Armenia CNG Powertrain Market Revenues & Volume, By Passenger Vehicle, 2022-2032F |
6.3.3 Armenia CNG Powertrain Market Revenues & Volume, By Commercial Vehicle, 2022-2032F |
7 Armenia CNG Powertrain Market Import-Export Trade Statistics |
7.1 Armenia CNG Powertrain Market Export to Major Countries |
7.2 Armenia CNG Powertrain Market Imports from Major Countries |
8 Armenia CNG Powertrain Market Key Performance Indicators |
8.1 Number of CNG refueling stations in Armenia |
8.2 Percentage increase in CNG vehicle registrations |
8.3 Investment in research and development of CNG powertrain technology |
9 Armenia CNG Powertrain Market - Opportunity Assessment |
9.1 Armenia CNG Powertrain Market Opportunity Assessment, By Drive Type, 2022 & 2032F |
9.2 Armenia CNG Powertrain Market Opportunity Assessment, By Fuel, 2022 & 2032F |
9.3 Armenia CNG Powertrain Market Opportunity Assessment, By Vehicle Type, 2022 & 2032F |
10 Armenia CNG Powertrain Market - Competitive Landscape |
10.1 Armenia CNG Powertrain Market Revenue Share, By Companies, 2025 |
10.2 Armenia CNG Powertrain Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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