Market Research Report
Global Hydrogen Fuel Cell Vehicle Market Insights, Forecast to 2025
|Published by||QYResearch||Product code||879058|
|Published||Content info||112 Pages
Delivery time: 2-3 business days
|Global Hydrogen Fuel Cell Vehicle Market Insights, Forecast to 2025|
|Published: July 1, 2019||Content info: 112 Pages||
Hydrogen fuel cell vehicles (HFCVs) are a class of electric vehicles that power the drive train of the vehicles through the energy generated from fuel cells. The fuel cell converts chemical energy generated from the positively charged hydrogen ions into electricity. The fuel cell technology has been adopted from the aerospace industry where it was first used to power space shuttles and satellites.
Currently, North America dominates the hydrogen fuel cell vehicle market. However, Japan is expected to register the highest growth in Asia-Pacific by 2023. Moreover, the UK is anticipated led the overall market in Europe in 2023. At present, the U.S. dominates the North American market.
Rise in environmental concern and government initiatives for the development of hydrogen fuel cell infrastructure drive the market growth. Furthermore, tax rebates and developments in aggressive hydrogen refueling stations (HRS) fuel the market growth. However, initial large investment in infrastructure is expected to restrain the market growth.
Global Hydrogen Fuel Cell Vehicle market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Hydrogen Fuel Cell Vehicle.
This industry study presents the global Hydrogen Fuel Cell Vehicle market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Hydrogen Fuel Cell Vehicle production, revenue and market share by manufacturers, key regions and type;
The consumption of Hydrogen Fuel Cell Vehicle in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Daimler, Honda, etc.
The following manufacturers are covered in this report:
Hydrogen Fuel Cell Vehicle Breakdown Data by Type
Hydrogen Fuel Cell Vehicle Breakdown Data by Application
Hydrogen Fuel Cell Vehicle Production by Region
Hydrogen Fuel Cell Vehicle Consumption by Region
The study objectives are:
In this study, the years considered to estimate the market size of Hydrogen Fuel Cell Vehicle :
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hydrogen Fuel Cell Vehicle market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.