Start reading instantly ,This title and over 12000 thousand more,available with Avenue Library, T&C*
Hydrogen Fuel Cell Vehicle Market by Vehicle Type (Passenger Vehicle and Commercial Vehicle) and Technology (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026 Update Available On-Demand
| A04207 | Pages: 200 | Jan 2020 | 31639 Views | | |
| Author(s) : Akshay Jadhav | Tables: 72 | Charts: 75 | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Hydrogen Fuel Cell Vehicle Market
Request Now !Hydrogen Fuel Cell Vehicle Market Statistics - 2026
The hydrogen fuel cell vehicle market size was valued at $651.9 million in 2018, and is projected to reach at $42,038.9 million by 2026, growing at a CAGR of 66.9% from 2019 to 2026. The key factors that impact the growth of the global market include surge in environmental concerns, increase in government initiatives for development of hydrogen fuel cell infrastructure, high initial investment in infrastructure, and technological advancement and future potential. Each of these factors is anticipated to have a definite impact on the hydrogen fuel cell vehicle market during the forecast period.
The major companies profiled in the hydrogen fuel cell vehicle market share include Honda, Toyota, Hyundai, Daimler, Audi, BMW, Volvo, Ballard Power Systems, General Motors, and MAN.
Get more information on this report : Request Sample Pages
Hydrogen fuel cell vehicles utilizes a hydrogen fuel cell to power its on-board electric motor. Hydrogen is used to operate a hydrogen fuel cell to generate electricity. Hydrogen fuel cell vehicles possess high potential to reduce emissions related to the transportation sector. This vehicle does not generate any greenhouse gas (GHG) emissions during vehicle operation unlike diesel-powered and gasoline vehicles.
The hydrogen fuel cell vehicle industry is segmented based on vehicle type, fuel cell technology type, and region. Based on vehicle type, it is bifurcated into passenger vehicle and commercial vehicle. According to fuel cell technology type, the market is classified into proton exchange membrane fuel cells, phosphoric acid fuel cells, and others. Based on region, the hydrogen fuel cell vehicle market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Get more information on this report : Request Sample Pages
Top Impacting Factors
Increase in environmental concern
Owing to rise in concerns of environment degradation and depletion of natural resources, various technologies are being launched in the market that support the eco-friendly concept to sustain the environment. Moreover, increase in awareness toward the consequences of air pollution and rise in levels of traffic & greenhouse gas emission drive the adoption of hydrogen fuel cell vehicles, as it is eco-friendly than other conventional vehicles.
Get more information on this report : Request Sample Pages
Government initiatives for development of hydrogen fuel cell infrastructure
Several policies have been deployed by the different governments to cater with environment conditions. For instance, the state of California in the U.S. committed funds for the development of 100 hydrogen refueling stations to meet its target of 1.5 million zero-emission vehicles by 2025 which is driving the growth of the hydrogen fuel cell vehicle market.
Increase in demand for fuel-efficient, high-performance, and low-emission vehicles
Gasoline being a fossil fuel is not a renewable source of energy and is expected to exhaust in the future. It is important to develop and use alternative sources of fuel to support sustainable development. This involves use of hydrogen fuel cell vehicles, electric vehicles, which do not use gasoline and are economical when compared with conventional vehicles. For instance, an electric vehicle converts over 50% of the electrical energy from the grid to power at the wheels, whereas the gas-powered vehicle only manages to convert about 17%–21% of the energy stored in gasoline.
The hydrogen fuel cell vehicles are more efficient over IC engine vehicles and hybrid vehicles and has efficiency of 60-70% over the other two. The demand for fuel-efficient vehicles has increased recently owing to rise in price of petrol and diesel. This has also resulted due to depleting fossil fuel reserves and growth in tendency of companies to gain maximum profit from these oil reserves. Thus, these factors boost the need for advanced fuel-efficient technologies, leading to surge in demand for hydrogen fuel cell vehicles for travel.
High initial investment in infrastructure
Hydrogen fuel cell technology offers powertrains that do not emit tailpipe greenhouse gases and other harmful pollutants such as nitrogen oxides and particulate matter. This feature helps to attract vendors towards use of this technology. However, high cost of raw materials such as platinum in the fuel cell anode and carbon fiber to produce the hydrogen fuel tanks and others required to develop hydrogen infrastructure is expected to hamper the hydrogen fuel cell vehicle market growth.
Rapid R&D to propel the adoption of hydrogen fuels
The world has been aware of hydrogen fuel cells and its advantages in the automobile industry. However, the process to split water molecules into oxygen and hydrogen is expensive, which hampers the adoption of hydrogen fuel cell vehicles.
Scientists have been working relentlessly to formulate an inexpensive method to create hydrogen energy. According to a research paper published in Nature Communications, the scientists at Swinburne University of Technology and Griffith University successfully captured hydrogen by splitting it from water molecules using inexpensive metals such as iron and nickel as catalysts. The use of these metals boosts the chemical process while minimizing the energy required for it.
Prior to this, precious metals such as ruthenium, iridium, and platinum were used as catalysts in this process. However, iron and nickel, the commonly found metals on Earth, can easily replace the benchmark catalysts. The research offered an affordable way to develop hydrogen fuel cells.
Big plans regarding hydrogen fuel cells in the future
The pioneer in the automobile industry, Toyota has unveiled big plans regarding futuristic city powered by hydrogen fuel cells. The company stated the city would be located at the foot of Mount Fuji in Japan and employee and their families along with researchers and scientists would be the residents of the city.
The city is named Woven City and would flaunt a connected ecosystem. In addition, Toyota is partnering with Paccar Inc. to develop around 10 Class 8 fuel cell trucks to use in Southern California. The partnership is expected to use up to 100 hydrogen fuel cell-powered buses to transport visitors during the 2020 Olympics in Tokyo.
That being said, the demand for hydrogen fuel cell vehicles is expected to gain momentum. In addition, the increase in innovations to decrease the cost of manufacturing is bound to create new opportunities in the future, which would define a new era of transportation.
Key Benefits for Stakeholders:
- This study comprises analytical depiction of the hydrogen fuel cell vehicle market trends with current trends and future estimations to depict the imminent investment pockets.
- The overall potential is determined to understand the profitable trends to gain a stronger foothold.
- The hydrogen fuel cell vehicle market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current growth and forecast is quantitatively analyzed from 2018 to 2026 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
- The study also comprises the hydrogen fuel cell vehicle market opportunity which help key players in decision making.
Hydrogen Fuel Cell Vehicle Market Key Segments:
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
By Technology
- Proton Membrane Exchange
- Phosphoric Acid Fuel Cell
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Hydrogen Fuel Cell Vehicle Market Key Players:
- Honda
- Toyota
- Hyundai
- Daimler
- Audi
- BMW
- Volvo
- Ballard Power Systems
- General Motors
- MAN
CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. RESEARCH METHODOLOGY
1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO PERSPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS, 2018
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Increase in environmental concern
3.5.1.2. Government initiatives for development of hydrogen fuel cell infrastructure
3.5.2. Restraint
3.5.2.1. High initial investment in infrastructure
3.5.3. Opportunity
3.5.3.1. Technological advancement and future potential in hydrogen fuel cell vehicle market
3.6. KEY DYNAMICS
3.6.1. Value chain analysis
3.6.2. Market evolution
3.6.3. Industry roadmap
3.6.4. Pricing analysis
3.6.5. Race analysis
CHAPTER 4: HYDROGEN FUEL CELL VEHICLE MARKET, BY VEHICLE TYPE
4.1. OVERVIEW
4.2. PASSENGER VEHICLE
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. COMMERCIAL VEHICLE
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
CHAPTER 5: HYDROGEN FUEL CELL VEHICLE MARKET, BY TECHNOLOGY
5.1. OVERVIEW
5.2. PROTON EXCHANGE MEMBRANE FUEL CELL
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. PHOSPHORIC ACID FUEL CELL
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. OTHERS
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
CHAPTER 6: HYDROGEN FUEL CELL VEHICLE MARKET, BY REGION
6.1. OVERVIEW
6.2. NORTH AMERICA
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by vehicle type
6.2.3. Market size and forecast, by technology
6.2.4. Market analysis by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast
6.2.4.1.2. Market size and forecast, by vehicle type
6.2.4.1.3. Market size and forecast, by technology
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast
6.2.4.2.2. Market size and forecast, by vehicle type
6.2.4.2.3. Market size and forecast, by technology
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast
6.2.4.3.2. Market size and forecast, by vehicle type
6.2.4.3.3. Market size and forecast, by technology
6.3. EUROPE
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by vehicle type
6.3.3. Market size and forecast, by technology
6.3.4. Market analysis by country
6.3.4.1. UK
6.3.4.1.1. Market size and forecast
6.3.4.1.2. Market size and forecast, by vehicle type
6.3.4.1.3. Market size and forecast, by technology
6.3.4.2. France
6.3.4.2.1. Market size and forecast
6.3.4.2.2. Market size and forecast, by vehicle type
6.3.4.2.3. Market size and forecast, by technology
6.3.4.3. Germany
6.3.4.3.1. Market size and forecast
6.3.4.3.2. Market size and forecast, by vehicle type
6.3.4.3.3. Market size and forecast, by technology
6.3.4.4. Russia
6.3.4.4.1. Market size and forecast
6.3.4.4.2. Market size and forecast, by vehicle type
6.3.4.4.3. Market size and forecast, by technology
6.3.4.5. Rest of Europe
6.3.4.5.1. Market size and forecast
6.3.4.5.2. Market size and forecast, by vehicle type
6.3.4.5.3. Market size and forecast, by technology
6.4. ASIA-PACIFIC
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by vehicle type
6.4.3. Market size and forecast, by technology
6.4.4. Market analysis by country
6.4.4.1. Japan
6.4.4.1.1. Market size and forecast
6.4.4.1.2. Market size and forecast, by vehicle type
6.4.4.1.3. Market size and forecast, by technology
6.4.4.2. South Korea
6.4.4.2.1. Market size and forecast
6.4.4.2.2. Market size and forecast, by vehicle type
6.4.4.2.3. Market size and forecast, by technology
6.4.4.3. India
6.4.4.3.1. Market size and forecast
6.4.4.3.2. Market size and forecast, by vehicle type
6.4.4.3.3. Market size and forecast, by technology
6.4.4.4. China
6.4.4.4.1. Market size and forecast
6.4.4.4.2. Market size and forecast, by vehicle type
6.4.4.4.3. Market size and forecast, by technology
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Market size and forecast
6.4.4.5.2. Market size and forecast, by vehicle type
6.4.4.5.3. Market size and forecast, by technology
6.5. LAMEA
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by vehicle type
6.5.3. Market size and forecast, by technology
6.5.4. Market analysis by region
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast
6.5.4.1.2. Market size and forecast, by vehicle type
6.5.4.1.3. Market size and forecast, by technology
6.5.4.2. Middle East
6.5.4.2.1. Market size and forecast
6.5.4.2.2. Market size and forecast, by vehicle type
6.5.4.2.3. Market size and forecast, by technology
6.5.4.3. Africa
6.5.4.3.1. Market size and forecast
6.5.4.3.2. Market size and forecast, by vehicle type
6.5.4.3.3. Market size and forecast, by technology
CHAPTER 7: COMPANY PROFILES
7.1. AUDI AG
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Business performance
7.1.5. Key strategic moves and developments
7.2. BALLARD POWER SYSTEMS INC.
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Business performance
7.2.5. Key strategic moves and developments
7.3. BMW GROUP
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Business performance
7.3.5. Key strategic moves and developments
7.4. DAIMLER AG
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Business performance
7.4.5. Key strategic moves and developments
7.5. GENERAL MOTORS COMPANY
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Business performance
7.5.5. Key strategic moves and developments
7.6. HONDA MOTOR CO., LTD.
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Business performance
7.6.5. Key strategic moves and developments
7.7. HYUNDAI MOTOR GROUP
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Business performance
7.7.5. Key strategic moves and developments
7.8. MAN SE
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Business performance
7.8.5. Key strategic moves and developments
7.9. TOYOTA MOTOR CORPORATION
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Business performance
7.9.5. Key strategic moves and developments
7.10. VOLVO GROUP
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Business performance
LIST OF TABLES
TABLE 01. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 02. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR PASSENGER VEHICLE, BY REGION, 2018–2026 ($MILLION)
TABLE 03. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR COMMERCIAL VEHICLE, BY REGION, 2018–2026 ($MILLION)
TABLE 04. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 05. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR PROTON EXCHANGE MEMBRANE FUEL CELL, BY REGION, 2018–2026 ($MILLION)
TABLE 06. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR PHOSPHORIC ACID FUEL CELL, BY REGION, 2018–2026 ($MILLION)
TABLE 07. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR OTHERS, BY REGION, 2018–2026 ($MILLION)
TABLE 08. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY REGION, 2018–2026 ($MILLION)
TABLE 09. NORTH AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 10. NORTH AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 11. NORTH AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY COUNTRY, 2019–2026 ($MILLION)
TABLE 12. U.S. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 13. U.S. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 14. CANADA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 15. CANADA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 16. MEXICO HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 17. MEXICO HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 18. EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 19. EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 20. EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY COUNTRY, 2019–2026 ($MILLION)
TABLE 21. UK HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 22. UK HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 23. FRANCE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 24. FRANCE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 25. GERMANY HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 26. GERMANY HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 27. RUSSIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 28. RUSSIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 29. REST OF EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 30. REST OF EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 31. ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 32. ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 33. ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY COUNTRY 2018–2026 ($MILLION)
TABLE 34. JAPAN HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 35. JAPAN HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 36. SOUTH KOREA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 37. SOUTH KOREA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 38. INDIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 39. INDIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 40. CHINA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 41. CHINA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 42. REST OF ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 43. REST OF ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 44. LAMEA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 45. LAMEA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 46. LAMEA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY COUNTRY 2018–2026 ($MILLION)
TABLE 47. LATIN AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 48. LATIN AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 49. MIDDLE EAST HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 50. MIDDLE EAST HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 51. AFRICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 52. AFRICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 53. AUDI AG: COMPANY SNAPSHOT
TABLE 54. AUDI AG: OPERATING SEGMENTS
TABLE 55. BALLARD POWER SYSTEMS INC.: COMPANY SNAPSHOT
TABLE 56. BALLARD POWER SYSTEMS INC.: OPERATING SEGMENTS
TABLE 57. BMW GROUP: COMPANY SNAPSHOT
TABLE 58. BMW GROUP: OPERATING SEGMENTS
TABLE 59. DAIMLER AG: COMPANY SNAPSHOT
TABLE 60. DAIMLER AG: OPERATING SEGMENTS
TABLE 61. GENERAL MOTORS COMPANY: COMPANY SNAPSHOT
TABLE 62. GENERAL MOTORS COMPANY: OPERATING SEGMENTS
TABLE 63. HONDA MOTOR CO., LTD.: COMPANY SNAPSHOT
TABLE 64. HONDA MOTOR CO., LTD.: OPERATING SEGMENTS
TABLE 65. HYUNDAI MOTOR GROUP.: COMPANY SNAPSHOT
TABLE 66. HYUNDAI MOTOR GROUP.: OPERATING SEGMENTS
TABLE 67. MAN SE: COMPANY SNAPSHOT
TABLE 68. MAN SE : OPERATING SEGMENTS
TABLE 69. TOYOTA MOTOR CORPORATION: COMPANY SNAPSHOT
TABLE 70. TOYOTA MOTOR CORPORATION: OPERATING SEGMENTS
TABLE 71. VOLVO GROUP (VOLVO): COMPANY SNAPSHOT
TABLE 72. VOLVO GROUP (VOLVO): OPERATING SEGMENTS
LIST OF FIGURES
FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET SNAPSHOT, 2018–2026
FIGURE 03. HYDROGEN FUEL CELL VEHICLE MARKET, BY REGION, 2018–2026
FIGURE 04. TOP INVESTMENT POCKETS
FIGURE 05. TOP WINNING STRATEGIES, BY YEAR, 2016-2019
FIGURE 06. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016-2019(%)
FIGURE 07. TOP WINNING STRATEGIES, BY COMPANY, 2016-2019
FIGURE 08. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 09. MODERATE BARGAINING POWER OF BUYERS
FIGURE 10. MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11. MODERATE OF SUBSTITUTES
FIGURE 12. HIGH COMPETITIVE RIVALRY
FIGURE 13. MARKET SHARE ANALYSIS: HYDROGEN FUEL CELL VEHICLE MARKET, 2018
FIGURE 14. VALUE CHAIN ANALYSIS
FIGURE 15. MARKET EVOLUTION
FIGURE 16. INDUSTRY ROADMAP
FIGURE 17. PRICING ANALYSIS
FIGURE 18. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET, BY VEHICLE TYPE, 2018-2026
FIGURE 19. COMPARATIVE ANALYSIS OF PASSENGER VEHICLE MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 20. COMPARATIVE ANALYSIS OF COMMERCIAL VEHICLE MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 21. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET, BY TECHNOLOGY, 2018-2026
FIGURE 22. COMPARATIVE ANALYSIS OF PROTON EXCHANGE MEMBRANE FUEL CELL MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 23. COMPARATIVE ANALYSIS OF PHOSPHORIC ACID FUEL CELL MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 24. COMPARATIVE ANALYSIS OF OTHERS MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 25. HYDROGEN FUEL CELL VEHICLE MARKET, BY REGION, 2018-2026
FIGURE 26. NORTH AMERICA HYDROGEN FUEL CELL VEHICLE MARKET, BY COUNTRY, 2018-2026 ($MILLION)
FIGURE 27. U.S. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 28. CANADA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 29. MEXICO HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 30. EUROPE HYDROGEN FUEL CELL VEHICLE MARKET, BY COUNTRY, 2018-2026
FIGURE 31. UK HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 32. FRANCE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 33. GERMANY HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 34. RUSSIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 35. REST OF EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 36. ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET, BY COUNTRY, 2018-2026
FIGURE 37. JAPAN HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 38. SOUTH KOREA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 39. INDIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 40. CHINA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 41. REST OF ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 42. LAMEA HYDROGEN FUEL CELL VEHICLE MARKET, BY REGION, 2018-2026
FIGURE 43. LATIN AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 44. MIDDLE EAST HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 45. AFRICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 46. AUDI AG: REVENUE, 2016–2018 ($MILLION)
FIGURE 47. AUDI AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 48. AUDI AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 49. BALLARD POWER SYSTEMS INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 50. BALLARD POWER SYSTEMS INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 51. BALLARD POWER SYSTEMS INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 52. BMW GROUP: REVENUE, 2016–2018 ($MILLION)
FIGURE 53. BMW GROUP: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 54. BMW GROUP: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 55. DAIMLER AG: REVENUE, 2016–2018 ($MILLION)
FIGURE 56. DAIMLER AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 57. DAIMLER AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 58. GENERAL MOTORS COMPANY: REVENUE, 2016–2018 ($MILLION)
FIGURE 59. GENERAL MOTORS COMPANY: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 60. GENERAL MOTORS COMPANY: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 61. HONDA MOTOR CO., LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 62. HONDA MOTOR CO., LTD.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 63. HONDA MOTOR CO., LTD.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 64. HYUNDAI MOTOR GROUP: REVENUE, 2016–2018 ($MILLION)
FIGURE 65. HYUNDAI MOTOR GROUP: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 66. HYUNDAI MOTOR GROUP: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 67. MAN SE: REVENUE, 2016–2018 ($MILLION)
FIGURE 68. MAN SE: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 69. MAN SE: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 70. TOYOTA MOTOR CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 71. TOYOTA MOTOR CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 72. TOYOTA MOTOR CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 73. VOLVO GROUP (VOLVO): REVENUE, 2016–2018 ($MILLION)
FIGURE 74. VOLVO GROUP (VOLVO): REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 75. VOLVO GROUP (VOLVO): REVENUE SHARE BY REGION, 2018 (%)
In accordance with the insights by the CXOs of leading companies, the hydrogen fuel cell vehicle market is projected to witness considerable growth, especially in the LAMEA region, owing to growth in population along with the increase in globalization and rise in purchasing power. Companies in this industry are adopting various innovative techniques to provide customers with advanced and innovative feature offerings.
The market in the countries, such as the U.S., Canada, the UK, and others is projected to report a slower growth rate as compared to the developing countries such as Venezuela, Colombia, Peru, Chile, Ecuador, and others, owing to the increase in environmental concern, and government initiatives for the development of hydrogen fuel cell infrastructure.
However, high initial investment in infrastructure restricts the market growth. Moreover, technological advancement and future potential in hydrogen fuel cell vehicle market are the factors expected to create lucrative opportunities for the market in near future.
Among the analyzed regions, North America is expected to account for the highest revenue in the global market in 2026. However, LAMEA is expected to grow at a higher rate, predicting lucrative opportunities for the key players operating in the hydrogen fuel cell vehicle market.
Q1. How much will the hydrogen fuel cell vehicles market growth in 2026?
A. The hydrogen fuel cell vehicle market growth will be around 66.9%in year 2026. owing to the features such as zero emissions, higher efficiency, silent operations coupled with the rise in disposable income.
Q2. Why the Hybrid Vehicles Industry demands hydrogen fuel cell vehicles market?
A. The hybrid vehicles industry is will generate significant demand, owing to the development of infrastructure to produce hybrid vehicles. Further, domestic presence of hydrogen fuel cell vehicle (HFCV) OEMs globally is boosting the market growth.
Q3. How can I get Sample of hydrogen fuel cell vehicles market report?
A. The report sample for hydrogen fuel cell vehicles market report can be obtained on demand from the website.
Q4. What will be the hydrogen fuel cell vehicles market segments from 2019 to 2026?
A. The report segments the hydrogen fuel cell vehicle market on the basis of vehicle type, fuel cell technology type, and region. Based on vehicle type, it is bifurcated into passenger vehicle and commercial vehicle.
Q5. What is the market CAGR value of hydrogen fuel cell vehicles market from 2019 to 2026?
A. The global hydrogen fuel cell vehicles market was valued at $651.90 million in 2018, and is projected to reach $42,038.90 million by 2026. In addition, the market CAGR value of hydrogen fuel cell vehicles market from 2019 to 2026 is 66.9%.
Q6. How can I get statistical data of top market players of hydrogen fuel cell vehicles Industry?
A. The statistical data of the top market players of hydrogen fuel cell vehicles Industry can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the hydrogen fuel cell vehicles industry.
Q7. Which are the market trends in hydrogen fuel cell vehicles market?
A. The market trends in hydrogen fuel cell vehicles market include increase in ecological concerns and rise in government support for development of hydrogen fuel cell infrastructure. For instance, Shanghai plans to operate 10,000 FCEV’s commercial vehicles by 2025.
Q8. Which important factors are driving the global hydrogen fuel cell cars?
A. The important factors which are driving the global hydrogen fuel cell cars include development of infrastructure to produce hydrogen, domestic presence of hydrogen fuel cell vehicle (HFCV) OEMs globally and developments in aggressive hydrogen refueling stations (HRS).
Q9. What is the manufacturing cost & process of hydrogen fuel cell vehicles?
A. The manufacturing cost & process of hydrogen fuel cell vehicles include component suppliers such as Helander Metal, Wisco Products, Inc., and others. In addition, the cost is also directly dependent on the fuel cell solution suppliers such as Ballard Power Systems, Doosan.
Q10. Which region will provide more business opportunities for hydrogen fuel cell vehicles in coming years?
A. LAMEA region will provide more business opportunities for hydrogen fuel cell vehicles in upcoming years. As, Middle East region has a distinct advantage over other regions as it can produce electricity from the Sun for a much lower cost than Western Europe.
Download Sample
Purchase Full Report of
Hydrogen Fuel Cell Vehicle Market
- Online Only
- $3,456
- Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
- $3,840
- Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
- $5,769
- Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
- $6,450
- Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF - $8,995
- Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading instantly.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers