The global fuel cell electric vehicle market size is expected to reach around US$ 35.60 billion by 2030 and is expected to grow at an impressive double-digit rate of 53.4% from 2022 to 2030.
An awareness related to the benefits of good air quality and the bad effects of regular emissions is driving the market.
The study includes drivers and restraints of this market. The study provides an analysis of the global fuel cell electric vehicle market for the period 2017-2030, wherein 2022 to 2030 is the forecast period and 2021 is considered as the base year.
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Research Methodology
A unique research methodology has been utilized to conduct comprehensive research on the growth of the global fuel cell electric vehicle market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the draw conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.
These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global fuel cell electric vehicle market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.
Why should you invest in this report?
If you are aiming to enter the global fuel cell electric vehicle market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for fuel cell electric vehicle are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Some of the prominent players in the global fuel cell electric vehicle market include:
- Audi AG
- Ballard Power systems Inc.
- BMW Group
- Daimler AG
- Honda Motor Co limited
- Volvo group
- Toyota Motor Corporation
- General Motors company
- Man Se
- American Honda Motor Co.
- Toshiba
Market Segmentation:
Based on Vehicle
- Passenger Vehicles
- Light commercial vehicles
- Bus
- Trucks
- Heavy Duty Vehicles
- Agriculture
- Automotive
- Others
Based on Type
- Proton Exchange Membrane Fuel Cell
- Phosphoric acid Fuel Cell
- Polymer Electrolyte Membrane Fuel Cell (PEMFC)
- Others
Based on Range
- Short Range
- Long Range
Regional Analysis:
The geographical analysis of the global fuel cell electric vehicle market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global fuel cell electric vehicle Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global fuel cell electric vehicle market in 2030?
- What is the expected CAGR for the fuel cell electric vehicle market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global fuel cell electric vehicle market?
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 Fuel Cell Electric Vehicle Market
5.1. COVID-19 Landscape: Fuel Cell Electric 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 Fuel Cell Electric Vehicle Market, By Vehicle
8.1. Fuel Cell Electric Vehicle Market, by Vehicle, 2022-2030
8.1. Passenger Vehicles
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Light commercial vehicles
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Bus
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Trucks
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Heavy Duty Vehicles
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Agriculture
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.7. Automotive
8.1.7.1. Market Revenue and Forecast (2017-2030)
8.1.8. Others
8.1.8.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Fuel Cell Electric Vehicle Market, By Type
9.1. Fuel Cell Electric Vehicle Market, by Type, 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 Cell
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Polymer Electrolyte Membrane Fuel Cell (PEMFC)
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Fuel Cell Electric Vehicle Market, By Range
10.1. Fuel Cell Electric Vehicle Market, by Range, 2022-2030
10.1.1. Short Range
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Long Range
Chapter 11. Global Fuel Cell Electric Vehicle Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.1.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.3. Market Revenue and Forecast, by Range (2017-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.1.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.4.3. Market Revenue and Forecast, by Range (2017-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Range (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.2.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.3. Market Revenue and Forecast, by Range (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.2.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.4.3. Market Revenue and Forecast, by Range (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Range (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Range (2017-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Range (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.3.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.3. Market Revenue and Forecast, by Range (2017-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.3.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.4.3. Market Revenue and Forecast, by Range (2017-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Range (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Range (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Range (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.3. Market Revenue and Forecast, by Range (2017-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.4.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.4.3. Market Revenue and Forecast, by Range (2017-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Range (2017-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Range (2017-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Range (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.3. Market Revenue and Forecast, by Range (2017-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.5.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.4.3. Market Revenue and Forecast, by Range (2017-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Range (2017-2030)
Chapter 12. Company Profiles
12.1. Audi AG
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Ballard Power systems Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. BMW Group
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Daimler AG
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Honda Motor Co limited
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Volvo group
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Toyota Motor Corporation
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. General Motors company
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Man Se
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. American Honda Motor Co.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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