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Market Research Report
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1105591

Global Fuel Cell Powertrain Market Size study, ByComponent, by Vehicle Type, by Power Output, by Drive Type (Rear-Wheel Drive (RWD, Front-Wheel Drive, All-Wheel Drive ), and Regional Forecasts 2022-2028

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global Fuel Cell Powertrain Market Size study, ByComponent, by Vehicle Type, by Power Output, by Drive Type (Rear-Wheel Drive (RWD, Front-Wheel Drive, All-Wheel Drive ), and Regional Forecasts 2022-2028
Published: July 4, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Global Fuel Cell Powertrain Marketis valued at approximately USD 0.5 billionin 2021 and is anticipated to grow with a healthy growth rate of more than4.7%over the forecast period 2022-2028. Fuel Cell Powertrain is an electric propulsion system in which energy is sored as hydrogen is converted to electric power with the use of fuel cell. The global fuel cell powertrain industry has grown rapidly in recent decades, owing to rising demand for low-emission automobiles and expanding vehicle range. Various governments throughout the world have intensified their focus on the expansion of this business in recent years. Rapid technological advancements and the falling cost of fuel cells, combined with rising gasoline and diesel prices, have resulted in the rapid growth of this sector. Governments all over the world have begun to build infrastructure for fuel cell powertrain vehicles and are collaborating with OEMs to expand the market for low-emission fuel vehicles. Governments are taking action, investing, and supporting the usage of fuel cells. For example, the Indian Ministry of Petroleum and Natural Gas (MoPNG) announced plans in March 2021 to put up solar hydrogen filling stations at two tourist destinations for the exhibition of fuel cell vehicles - Delhi-Agra, Gujarat (Statue of Unity), and so on. Along with the advancement of fuel cell technology, it is critical to build a strong infrastructure capable of meeting the needs of hydrogen-powered vehicles. The market for fuel cell powertrain is predicted to grow due to increased demand for economical, long-range, and low-emission automobiles.Market for fuel cell powertrains Countries all across the world are making efforts to minimise car emissions in the next decades. FCEVs have a longer range on a single filling than other EVs and are easier to fill. However, the lack of hydrogen fueling infrastructure in many countries acts asa barrier to market expansion.

The key regions considered for the global Fuel Cell Powertrain Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World.During the forecast period, Asia-Pacific is expected to lead the fuel cell market. Factors driving market growth in the region include increased project launches in the region, expansion of infrastructure capabilities, and opening of the market to foreign candidates. The European region will also create significant income in this market due to an increase in the number of buses operating on hydrogen fuel cells, refuelling stations, and a move from testing to commercial manufacture of hydrogen fuel cell vehicles.

Major market players included in this report are:

Cummins Inc.

Ballard Power Systems

Robert Bosch Gmbh

Denso Corporation

FEVEurope Gmbh

FCPFuel Cell Powertrain Gmbh

ITMPower

Ceres Power

Delphi Technologies

AVLList Gmbh (Avl)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Fuel Cell System

Battery System

Drive System

Hydrogen Storage System

Others

ByDrive Type

Rear-Wheel Drive (RWD)

Front-Wheel Drive (FWD)

All-Wheel Drive (AWD)

By Vehicle type:

Passenger Cars

Light Commercial Vehicle (LCV)

Buses

Trucks

By Power output:

<150 kW

150-250 kW

>250kW

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Fuel Cell Powertrain Market inMarket Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
    • 1.2.1. Fuel Cell Powertrain Market, by Region, 2020-2028 (USD Billion)
    • 1.2.2. Fuel Cell Powertrain Market, by Component, 2020-2028 (USD Billion)
    • 1.2.3. Fuel Cell Powertrain Market, by Drive Type, 2020-2028 (USD Billion)
    • 1.2.4. Fuel Cell Powertrain Market, by Vehicle type, 2020-2028 (USD Billion)
    • 1.2.5. Fuel Cell Powertrain Market, by Power output, 2020-2028 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Fuel Cell Powertrain Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Fuel Cell Powertrain Market Dynamics

  • 3.1. Fuel Cell Powertrain Market Impact Analysis (2020-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Better fuel efficiency and increased driving range
      • 3.1.1.2. Decarbonized source of energy
    • 3.1.2. Market Challenges
      • 3.1.2.1. High flammability and challenges in detection of hydrogen leakage
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Low-weight alternative for heavy-duty trucks

Chapter 4. Global Fuel Cell Powertrain Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Fuel Cell Powertrain Market, by Component

  • 6.1. Market Snapshot
  • 6.2. Global Fuel Cell Powertrain Market by Component, Performance - Potential Analysis
  • 6.3. Global Fuel Cell Powertrain Market Estimates & Forecasts by Component, 2018-2028 (USD Billion)
  • 6.4. Fuel Cell Powertrain Market, Sub Segment Analysis
    • 6.4.1. Fuel Cell System
    • 6.4.2. Battery System
    • 6.4.3. Drive System
    • 6.4.4. Hydrogen Storage System
    • 6.4.5. Others

Chapter 7. Global Fuel Cell Powertrain Market, by Drive Type

  • 7.1. Market Snapshot
  • 7.2. Global Fuel Cell Powertrain Market by Drive Type, Performance - Potential Analysis
  • 7.3. Global Fuel Cell Powertrain Market Estimates & Forecasts by Drive Type, 2018-2028 (USD Billion)
  • 7.4. Fuel Cell Powertrain Market, Sub Segment Analysis
    • 7.4.1. Rear-Wheel Drive (RWD)
    • 7.4.2. Front-Wheel Drive (FWD)
    • 7.4.3. All-Wheel Drive (AWD)

Chapter 8. Global Fuel Cell Powertrain Market, by Vehicle type

  • 8.1. Market Snapshot
  • 8.2. Global Fuel Cell Powertrain Market by Vehicle type, Performance - Potential Analysis
  • 8.3. Global Fuel Cell Powertrain Market Estimates & Forecasts by Vehicle type, 2018-2028 (USD Billion)
  • 8.4. Fuel Cell Powertrain Market, Sub Segment Analysis
    • 8.4.1. Passenger Cars
    • 8.4.2. Light Commercial Vehicle (LCV)
    • 8.4.3. Buses
    • 8.4.4. Trucks

Chapter 9. Global Fuel Cell Powertrain Market, by Power output

  • 9.1. Market Snapshot
  • 9.2. Global Fuel Cell Powertrain Market by Power output, Performance - Potential Analysis
  • 9.3. Global Fuel Cell Powertrain Market Estimates & Forecasts by Power output, 2018-2028 (USD Billion)
  • 9.4. Fuel Cell Powertrain Market, Sub Segment Analysis
    • 9.4.1. <150 kW
    • 9.4.2. 150-250 kW
    • 9.4.3. >250kW

Chapter 10. Global Fuel Cell Powertrain Market, Regional Analysis

  • 10.1. Fuel Cell Powertrain Market, Regional Market Snapshot
  • 10.2. North America Fuel Cell Powertrain Market
    • 10.2.1. U.S. Fuel Cell Powertrain Market
      • 10.2.1.1. Drive Type breakdown estimates & forecasts, 2018-2028
      • 10.2.1.2. Component breakdown estimates & forecasts, 2018-2028
      • 10.2.1.3. Vehicle type breakdown estimates & forecasts, 2018-2028
      • 10.2.1.4. Power output breakdown estimates & forecasts, 2018-2028
    • 10.2.2. Canada Fuel Cell Powertrain Market
  • 10.3. Europe Fuel Cell Powertrain Market Snapshot
    • 10.3.1. U.K. Fuel Cell Powertrain Market
    • 10.3.2. Germany Fuel Cell Powertrain Market
    • 10.3.3. France Fuel Cell Powertrain Market
    • 10.3.4. Spain Fuel Cell Powertrain Market
    • 10.3.5. Italy Fuel Cell Powertrain Market
    • 10.3.6. Rest of Europe Fuel Cell Powertrain Market
  • 10.4. Asia-Pacific Fuel Cell Powertrain Market Snapshot
    • 10.4.1. China Fuel Cell Powertrain Market
    • 10.4.2. India Fuel Cell Powertrain Market
    • 10.4.3. Japan Fuel Cell Powertrain Market
    • 10.4.4. Australia Fuel Cell Powertrain Market
    • 10.4.5. South Korea Fuel Cell Powertrain Market
    • 10.4.6. Rest of Asia Pacific Fuel Cell Powertrain Market
  • 10.5. Latin America Fuel Cell Powertrain Market Snapshot
    • 10.5.1. Brazil Fuel Cell Powertrain Market
    • 10.5.2. Mexico Fuel Cell Powertrain Market
  • 10.6. Rest of The World Fuel Cell Powertrain Market

Chapter 11. Competitive Intelligence

  • 11.1. Top Market Strategies
  • 11.2. Company Profiles
    • 11.2.1. Cummins Inc.
      • 11.2.1.1. Key Information
      • 11.2.1.2. Overview
      • 11.2.1.3. Financial (Subject to Data Availability)
      • 11.2.1.4. Product Summary
      • 11.2.1.5. Recent Developments
    • 11.2.2. Ballard Power Systems
    • 11.2.3. Robert Bosch Gmbh
    • 11.2.4. Denso Corporation
    • 11.2.5. FEV Europe Gmbh
    • 11.2.6. FCP Fuel Cell Powertrain Gmbh
    • 11.2.7. ITM Power
    • 11.2.8. Ceres Power
    • 11.2.9. Delphi Technologies
    • 11.2.10. AVL List Gmbh (Avl)

Chapter 12. Research Process

  • 12.1. Research Process
    • 12.1.1. Data Mining
    • 12.1.2. Analysis
    • 12.1.3. Market Estimation
    • 12.1.4. Validation
    • 12.1.5. Publishing
  • 12.2. Research Attributes
  • 12.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Fuel Cell Powertrain Market, report scope
  • TABLE 2. Global Fuel Cell Powertrain Market estimates & forecasts by Region 2018-2028 (USD Billion)
  • TABLE 3. Global Fuel Cell Powertrain Market estimates & forecasts by Drive Type 2018-2028 (USD Billion)
  • TABLE 4. Global Fuel Cell Powertrain Market estimates & forecasts by Component 2018-2028 (USD Billion)
  • TABLE 5. Global Fuel Cell Powertrain Market estimates & forecasts by Vehicle type 2018-2028 (USD Billion)
  • TABLE 6. Global Fuel Cell Powertrain Market estimates & forecasts by Power output 2018-2028 (USD Billion)
  • TABLE 7. Global Fuel Cell Powertrain Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 8. Global Fuel Cell Powertrain Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 9. Global Fuel Cell Powertrain Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 10. Global Fuel Cell Powertrain Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 11. Global Fuel Cell Powertrain Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 12. Global Fuel Cell Powertrain Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 13. Global Fuel Cell Powertrain Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 14. Global Fuel Cell Powertrain Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 15. Global Fuel Cell Powertrain Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 16. Global Fuel Cell Powertrain Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 17. U.S. Fuel Cell Powertrain Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 18. U.S. Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 19. U.S. Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 20. Canada Fuel Cell Powertrain Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 21. Canada Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 22. Canada Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 23. UK Fuel Cell Powertrain Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 24. UK Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 25. UK Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 26. Germany Fuel Cell Powertrain Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 27. Germany Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 28. Germany Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 29. RoEFuel Cell Powertrain Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 30. RoEFuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 31. RoEFuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 32. China Fuel Cell Powertrain Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 33. China Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 34. China Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 35. India Fuel Cell Powertrain Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 36. India Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 37. India Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 38. Japan Fuel Cell Powertrain Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 39. Japan Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 40. Japan Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 41. RoAPAC Fuel Cell Powertrain Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 42. RoAPAC Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 43. RoAPAC Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 44. Brazil Fuel Cell Powertrain Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 45. Brazil Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 46. Brazil Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 47. Mexico Fuel Cell Powertrain Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 48. Mexico Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 49. Mexico Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 50. RoLA Fuel Cell Powertrain Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 51. RoLA Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 52. RoLA Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 53. Row Fuel Cell Powertrain Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 54. Row Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 55. Row Fuel Cell Powertrain Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 56. List of secondary sources, used in the study of global Fuel Cell Powertrain Market
  • TABLE 57. List of primary sources, used in the study of global Fuel Cell Powertrain Market
  • TABLE 58. Years considered for the study
  • TABLE 59. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Fuel Cell Powertrain Market, research methodology
  • FIG 2. Global Fuel Cell Powertrain Market, Market estimation techniques
  • FIG 3. Global Market size estimates & forecast methods
  • FIG 4. Global Fuel Cell Powertrain Market, key trends 2021
  • FIG 5. Global Fuel Cell Powertrain Market, growth prospects 2022-2028
  • FIG 6. Global Fuel Cell Powertrain Market, porters 5 force model
  • FIG 7. Global Fuel Cell Powertrain Market, pest analysis
  • FIG 8. Global Fuel Cell Powertrain Market, value chain analysis
  • FIG 9. Global Fuel Cell Powertrain Market by segment, 2018 & 2028 (USD Billion)
  • FIG 10. Global Fuel Cell Powertrain Market by segment, 2018 & 2028 (USD Billion)
  • FIG 11. Global Fuel Cell Powertrain Market by segment, 2018 & 2028 (USD Billion)
  • FIG 12. Global Fuel Cell Powertrain Market by segment, 2018 & 2028 (USD Billion)
  • FIG 13. Global Fuel Cell Powertrain Market by segment, 2018 & 2028 (USD Billion)
  • FIG 14. Global Fuel Cell Powertrain Market, regional snapshot 2018 & 2028
  • FIG 15. North America Fuel Cell Powertrain Market 2018 & 2028 (USD Billion)
  • FIG 16. Europe Fuel Cell Powertrain Market 2018 & 2028 (USD Billion)
  • FIG 17. Asia Pacific Fuel Cell Powertrain Market 2018 & 2028 (USD Billion)
  • FIG 18. Latin America Fuel Cell Powertrain Market 2018 & 2028 (USD Billion)
  • FIG 19. Global Fuel Cell Powertrain Market, company Market share analysis (2021)