Market Research Report
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, 2017-2023
|Published by||Allied Market Research||Product code||621953|
|Published||Content info||127 Pages
Delivery time: 2-3 business days
|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, 2017-2023|
|Published: February 1, 2018||Content info: 127 Pages||
Hydrogen fuel cell generates electricity from hydrogen while the vehicle is running. It uses a hydrogen fuel cell to power its on-board electric motor. The vehicle does not create any greenhouse gas (GHG) emissions during vehicle operation unlike diesel-powered and gasoline vehicles. Moreover, extensive support from government to propel hydrogen fuel cell infrastructure provides ample of growth opportunity.
Rise in environmental concern and government initiatives to propel hydrogen fuel cell infrastructure drive the market growth. Furthermore, tax rebates and developments in aggressive hydrogen refueling stations (HRS) fuels the market growth. However, initial large investment in infrastructure is expected to restrain the market growth.
The report segments the hydrogen fuel cell vehicle market based on vehicle type, technology, and region. Based on vehicle type, the market is bifurcated into passenger and commercial vehicle. According to technology, the market is classified into proton exchange membrane fuel cell, phosphoric acid fuel cells, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in the market include Honda, Toyota, Hyundai, Daimler, Audi, BMW, Volvo, Ballard Power Systems, General Motors, and MAN.
By Vehicle Type
By Fuel Cell Technology Type