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Market Research Report
Product code
947400

Hydrogen Fuel Cell Vehicle

Published: | Global Industry Analysts, Inc. | 144 Pages | Delivery time: 1-2 business days

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Hydrogen Fuel Cell Vehicle
Published: April 1, 2021
Global Industry Analysts, Inc.
Content info: 144 Pages
Delivery time: 1-2 business days
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  • Description
  • Table of Contents
Description

Abstract:

Global Hydrogen Fuel Cell Vehicle Market to Reach $13.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Hydrogen Fuel Cell Vehicle estimated at US$752.9 Million in the year 2020, is projected to reach a revised size of US$13.3 Billion by 2027, growing at aCAGR of 50.7% over the period 2020-2027. Passenger Cars, one of the segments analyzed in the report, is projected to record 53.6% CAGR and reach US$9.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Commercial Vehicles segment is readjusted to a revised 44.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $229.3 Million, While China is Forecast to Grow at 48.1% CAGR

The Hydrogen Fuel Cell Vehicle market in the U.S. is estimated at US$229.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2027 trailing a CAGR of 48% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 45.1% and 42.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 33.5% CAGR.

Select Competitors (Total 46 Featured) -

  • Audi AG
  • Ballard Power Systems, Inc.
  • BMW AG
  • Daimler AG
  • FuelCell Energy, Inc.
  • Honda Motor Co., Ltd.
  • Hydrogenics Corporation
  • Hyundai Construction Equipment Europe
  • MAN SE
  • Toyota Motor Corporation
Table of Contents
Product Code: MCP12499

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Influencer Market Insights
    • World Market Trajectories
    • Impact of Covid-19 and a Looming Global Recession
  • 2. FOCUS ON SELECT PLAYERS
  • 3. MARKET TRENDS & DRIVERS
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
    • TABLE 2: World 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
    • TABLE 3: World Current & Future Analysis for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
    • TABLE 4: World 7-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
    • TABLE 5: World Current & Future Analysis for Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
    • TABLE 6: World 7-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
    • TABLE 7: World Current & Future Analysis for Proton Exchange Membrane Fuel Cell by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
    • TABLE 8: World 7-Year Perspective for Proton Exchange Membrane Fuel Cell by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
    • TABLE 9: World Current & Future Analysis for Phosphoric Acid Fuel Cells by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
    • TABLE 10: World 7-Year Perspective for Phosphoric Acid Fuel Cells by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
    • TABLE 11: World Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
    • TABLE 12: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

III. MARKET ANALYSIS

  • UNITED STATES
    • TABLE 13: USA Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Type - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 14: USA 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Type - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2020 & 2027
    • TABLE 15: USA Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Application - Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 16: USA 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Application - Percentage Breakdown of Value Sales for Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications for the Years 2020 & 2027
  • CANADA
    • TABLE 17: Canada Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Type - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 18: Canada 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Type - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2020 & 2027
    • TABLE 19: Canada Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Application - Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 20: Canada 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Application - Percentage Breakdown of Value Sales for Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications for the Years 2020 & 2027
  • JAPAN
    • TABLE 21: Japan Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Type - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 22: Japan 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Type - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2020 & 2027
    • TABLE 23: Japan Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Application - Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 24: Japan 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Application - Percentage Breakdown of Value Sales for Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications for the Years 2020 & 2027
  • CHINA
    • TABLE 25: China Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Type - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 26: China 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Type - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2020 & 2027
    • TABLE 27: China Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Application - Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 28: China 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Application - Percentage Breakdown of Value Sales for Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications for the Years 2020 & 2027
  • EUROPE
    • TABLE 29: Europe Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
    • TABLE 30: Europe 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
    • TABLE 31: Europe Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Type - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 32: Europe 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Type - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2020 & 2027
    • TABLE 33: Europe Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Application - Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 34: Europe 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Application - Percentage Breakdown of Value Sales for Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications for the Years 2020 & 2027
  • FRANCE
    • TABLE 35: France Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Type - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 36: France 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Type - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2020 & 2027
    • TABLE 37: France Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Application - Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 38: France 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Application - Percentage Breakdown of Value Sales for Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications for the Years 2020 & 2027
  • GERMANY
    • TABLE 39: Germany Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Type - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 40: Germany 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Type - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2020 & 2027
    • TABLE 41: Germany Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Application - Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 42: Germany 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Application - Percentage Breakdown of Value Sales for Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications for the Years 2020 & 2027
  • ITALY
    • TABLE 43: Italy Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Type - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 44: Italy 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Type - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2020 & 2027
    • TABLE 45: Italy Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Application - Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 46: Italy 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Application - Percentage Breakdown of Value Sales for Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications for the Years 2020 & 2027
  • UNITED KINGDOM
    • TABLE 47: UK Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Type - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 48: UK 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Type - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2020 & 2027
    • TABLE 49: UK Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Application - Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 50: UK 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Application - Percentage Breakdown of Value Sales for Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications for the Years 2020 & 2027
  • REST OF EUROPE
    • TABLE 51: Rest of Europe Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Type - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 52: Rest of Europe 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Type - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2020 & 2027
    • TABLE 53: Rest of Europe Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Application - Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 54: Rest of Europe 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Application - Percentage Breakdown of Value Sales for Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications for the Years 2020 & 2027
  • ASIA-PACIFIC
    • TABLE 55: Asia-Pacific Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Type - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 56: Asia-Pacific 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Type - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2020 & 2027
    • TABLE 57: Asia-Pacific Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Application - Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 58: Asia-Pacific 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Application - Percentage Breakdown of Value Sales for Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications for the Years 2020 & 2027
  • REST OF WORLD
    • TABLE 59: Rest of World Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Type - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 60: Rest of World 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Type - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2020 & 2027
    • TABLE 61: Rest of World Current & Future Analysis for Hydrogen Fuel Cell Vehicle by Application - Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
    • TABLE 62: Rest of World 7-Year Perspective for Hydrogen Fuel Cell Vehicle by Application - Percentage Breakdown of Value Sales for Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells and Other Applications for the Years 2020 & 2027

IV. COMPETITION

  • Total Companies Profiled: 46