by The global hydrogen fuel cell vehicle market size accounted for US$ 0.65 billion in 2021 and is projected to reach around USD 43.19 billion by 2030, growing at a CAGR of 59.4% from 2022 to 2030.
Report Summary
The global hydrogen fuel cell vehicle market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the hydrogen fuel cell vehicle market across the globe.
A comprehensive estimate on the hydrogen fuel cell vehicle market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of hydrogen fuel cell vehicle during the forecast period. Price point comparison by region with global average price is also considered in the study.
Hydrogen Fuel Cell Vehicle Market Scope
| Report Coverage | Details |
| Market Size in 2022 | USD 1.04 Billion |
| Market Size by 2030 | USD 43.19 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 59.4% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Vehicle Type, Technology, and Geography |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized hydrogen fuel cell vehicle market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Genomic Biomarker Market Size Analysis 2022 To 2030
Hydrogen Fuel Cell Vehicle Market Players
The report includes the profiles of key hydrogen fuel cell vehicle market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area are Ballard Power System, ITM Power, Plug Power, Delphi Technologies, Doosan Corporation, Hydrogenics, Proton Power System PLC, Intelligent Energy Holdings plc, Panasonic Corporation, Pearl Hydrogen, Horizon Fuel Cell Technologies
Market Segmentation
By Vehicle Type
- Commercial Vehicle
- Passenger Vehicles
By Technology
- Proton Exchange Membrane Fuel Cell
- Phosphoric Acid Fuel Cells
- Alkaline Fuel Cell
- Solid Oxide Fuel Cell
- Others
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Hydrogen Fuel Cell Vehicle Market
5.1. COVID-19 Landscape: Hydrogen Fuel Cell Vehicle Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Hydrogen Fuel Cell Vehicle Market, By Vehicle Type
8.1. Hydrogen Fuel Cell Vehicle Market, by Vehicle Type, 2022-2030
8.1.1. Commercial Vehicle
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Passenger Vehicles
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Hydrogen Fuel Cell Vehicle Market, By Technology
9.1. Hydrogen Fuel Cell Vehicle Market, by Technology, 2022-2030
9.1.1. Proton Exchange Membrane Fuel Cell
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Phosphoric Acid Fuel Cells
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Alkaline Fuel Cell
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Solid Oxide Fuel Cell
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Hydrogen Fuel Cell Vehicle Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.1.2. Market Revenue and Forecast, by Technology (2017-2030)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.1.3.2. Market Revenue and Forecast, by Technology (2017-2030)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Technology (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2.2. Market Revenue and Forecast, by Technology (2017-2030)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2.3.2. Market Revenue and Forecast, by Technology (2017-2030)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Technology (2017-2030)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Technology (2017-2030)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Technology (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3.2. Market Revenue and Forecast, by Technology (2017-2030)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3.3.2. Market Revenue and Forecast, by Technology (2017-2030)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Technology (2017-2030)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Technology (2017-2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Technology (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4.2. Market Revenue and Forecast, by Technology (2017-2030)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4.3.2. Market Revenue and Forecast, by Technology (2017-2030)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Technology (2017-2030)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Technology (2017-2030)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Technology (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.5.2. Market Revenue and Forecast, by Technology (2017-2030)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.5.3.2. Market Revenue and Forecast, by Technology (2017-2030)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Technology (2017-2030)
Chapter 11. Company Profiles
11.1. Ballard Power System
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. ITM Power
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Plug Power
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Delphi Technologies
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Doosan Corporation
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Hydrogenics
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Proton Power System PLC
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Intelligent Energy Holdings plc
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Panasonic Corporation
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Pearl Hydrogen
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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