According to Stratistics MRC, the Global Fuel Cell Electric Vehicles market is accounted for $75.98 billion in 2015 and is expected to reach $138.4 billion by 2022 growing at a CAGR of 8.9% from 2015 to 2022. Factors such as adopting fuel cell vehicle strategies, increasing hydrogen-based fuel cell vehicle, decrease in greenhouse gases emission, R&D of fuel cell electric vehicle technology will propel market growth. However, large cost required to establish the system can hamper market growth. Storage of hydrogen in vehicles, solar hydrogen stations, regenerative fuel cell system for vehicles and HRS and electric drive train over an internal combustion engine will provide ample opportunity for the market to grow.
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Asia Pacific commanded the largest market for fuel cell electric vehicles due to increasing demand from Taiwan, china and Japan for zero emission. Europe is expected to grow at the highest CAGR during the forecast period.
Some of the key players in global Fuel Cell Electric Vehicles market are Automotive Fuel Cell Cooperation Corp., Ballard Power Systems, Acal Energy, Acumentrics SOFC Corporation, Ceramic Fuel Cells Ltd, Belenos Clean Power Holding, BIC Consumer Products, Hydrogenics, Hyundai, Michelin, Nuvera-NACCO Materials Handling, Proton Motor Fuel Cell Germany, Riversimple, Nissan Motor Company Ltd, Intelligent Energy, Bosch Thermo-technology, Toyota Motor Corporation, VW Group including Audi, GreenGT, Daimler AG,BMW AG, General Motors, Dynasty Electric Vehicles Ltd., Mitsubishi Corp and Tesla Motors.
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Power Sources Covered:
Battery-Powered Source
Exotic Power Source
Fuel Cell Power Source
Vehicle Types Covered:
Aircraft
eBikes
Commercial/industrial
Burden carriers
Material handling equipment
Forklifts
Passenger Vehicles
Microcars
Sports Utility Vehicle (SUVs)
Crossover SUVs
Sedans
Sports cars
Buses
Motor scooters
Low-Velocity Vehicles
Neighbourhood electric vehicles
Golf carts
Personal mobility devices
Delivery trucks
Other Vehicle Types
Military
Locomotives
Configurations Covered:
Hybrid Electric Vehicle
Plug-In Hybrid Electric Vehicle
Pure Electric Vehicle
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Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Major Points From The Table Of Contents:
1 Global Fuel Cell Electric Vehicles Market Analysis, by Region
2 Global Fuel Cell Electric Vehicles Market Analysis, by Power Source
3 Global Fuel Cell Electric Vehicles Market Analysis, by Battery-Powered Source
4 Global Fuel Cell Electric Vehicles Market Analysis, by Exotic Power Source
5 Global Fuel Cell Electric Vehicles Market Analysis, by Fuel Cell Power Source
6 Global Fuel Cell Electric Vehicles Market Analysis, by Vehicle Type
7 Global Fuel Cell Electric Vehicles Market Analysis, by Aircraft
8 Global Fuel Cell Electric Vehicles Market Analysis, by eBikes
9 Global Fuel Cell Electric Vehicles Market Analysis, by Commercial/industrial
10 Global Fuel Cell Electric Vehicles Market Analysis, by Burden carriers
11 Global Fuel Cell Electric Vehicles Market Analysis, by Material handling equipment
12 Global Fuel Cell Electric Vehicles Market Analysis, by Forklifts
13 Global Fuel Cell Electric Vehicles Market Analysis, by Passenger Vehicles
14 Global Fuel Cell Electric Vehicles Market Analysis, by Microcars
15 Global Fuel Cell Electric Vehicles Market Analysis, by Sports Utility Vehicle (SUVs)
16 Global Fuel Cell Electric Vehicles Market Analysis, by Crossover SUVs
17 Global Fuel Cell Electric Vehicles Market Analysis, by Sedans
18 Global Fuel Cell Electric Vehicles Market Analysis, by Sports cars
19 Global Fuel Cell Electric Vehicles Market Analysis, by Buses
20 Global Fuel Cell Electric Vehicles Market Analysis, by Motor scooters
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