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Synopsis
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.
The global Hydrogen Fuel Cell Vehicle market was valued at US$ 378.1 million in 2023 and is anticipated to reach US$ 4234.1 million by 2030, witnessing a CAGR of 44.4% during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Hydrogen Fuel Cell Vehicle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydrogen Fuel Cell Vehicle.
Report Scope
The Hydrogen Fuel Cell Vehicle market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hydrogen Fuel Cell Vehicle market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hydrogen Fuel Cell Vehicle manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- Daimler
- Honda
- Hyundai
- Toyota
Segment by Type
- Proton Exchange Membrane Fuel Cells
- Phosphoric Acid Fuel Cells
- Others
Segment by Application
- Passenger Vehicles
- Commercial Vehicles
Production by Region
- North America
- Europe
- China
- Japan
- South Korea
- India
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Hydrogen Fuel Cell Vehicle manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Hydrogen Fuel Cell Vehicle by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Hydrogen Fuel Cell Vehicle in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Hydrogen Fuel Cell Vehicle Market Overview
1.1 Product Definition
1.2 Hydrogen Fuel Cell Vehicle Segment by Type
1.2.1 Global Hydrogen Fuel Cell Vehicle Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Proton Exchange Membrane Fuel Cells
1.2.3 Phosphoric Acid Fuel Cells
1.2.4 Others
1.3 Hydrogen Fuel Cell Vehicle Segment by Application
1.3.1 Global Hydrogen Fuel Cell Vehicle Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Passenger Vehicles
1.3.3 Commercial Vehicles
1.4 Global Market Growth Prospects
1.4.1 Global Hydrogen Fuel Cell Vehicle Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Hydrogen Fuel Cell Vehicle Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Hydrogen Fuel Cell Vehicle Production Estimates and Forecasts (2019-2030)
1.4.4 Global Hydrogen Fuel Cell Vehicle Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Hydrogen Fuel Cell Vehicle Production Market Share by Manufacturers (2019-2024)
2.2 Global Hydrogen Fuel Cell Vehicle Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Hydrogen Fuel Cell Vehicle, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Hydrogen Fuel Cell Vehicle Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Hydrogen Fuel Cell Vehicle Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Hydrogen Fuel Cell Vehicle, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Hydrogen Fuel Cell Vehicle, Product Offered and Application
2.8 Global Key Manufacturers of Hydrogen Fuel Cell Vehicle, Date of Enter into This Industry
2.9 Hydrogen Fuel Cell Vehicle Market Competitive Situation and Trends
2.9.1 Hydrogen Fuel Cell Vehicle Market Concentration Rate
2.9.2 Global 5 and 10 Largest Hydrogen Fuel Cell Vehicle Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Hydrogen Fuel Cell Vehicle Production by Region
3.1 Global Hydrogen Fuel Cell Vehicle Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Hydrogen Fuel Cell Vehicle Production Value by Region (2019-2030)
3.2.1 Global Hydrogen Fuel Cell Vehicle Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Hydrogen Fuel Cell Vehicle by Region (2025-2030)
3.3 Global Hydrogen Fuel Cell Vehicle Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Hydrogen Fuel Cell Vehicle Production by Region (2019-2030)
3.4.1 Global Hydrogen Fuel Cell Vehicle Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Hydrogen Fuel Cell Vehicle by Region (2025-2030)
3.5 Global Hydrogen Fuel Cell Vehicle Market Price Analysis by Region (2019-2024)
3.6 Global Hydrogen Fuel Cell Vehicle Production and Value, Year-over-Year Growth
3.6.1 North America Hydrogen Fuel Cell Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Hydrogen Fuel Cell Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Hydrogen Fuel Cell Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Hydrogen Fuel Cell Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Hydrogen Fuel Cell Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Hydrogen Fuel Cell Vehicle Production Value Estimates and Forecasts (2019-2030)
4 Hydrogen Fuel Cell Vehicle Consumption by Region
4.1 Global Hydrogen Fuel Cell Vehicle Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Hydrogen Fuel Cell Vehicle Consumption by Region (2019-2030)
4.2.1 Global Hydrogen Fuel Cell Vehicle Consumption by Region (2019-2024)
4.2.2 Global Hydrogen Fuel Cell Vehicle Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Hydrogen Fuel Cell Vehicle Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Hydrogen Fuel Cell Vehicle Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Hydrogen Fuel Cell Vehicle Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Hydrogen Fuel Cell Vehicle Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Hydrogen Fuel Cell Vehicle Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Hydrogen Fuel Cell Vehicle Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Hydrogen Fuel Cell Vehicle Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Hydrogen Fuel Cell Vehicle Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Hydrogen Fuel Cell Vehicle Production by Type (2019-2030)
5.1.1 Global Hydrogen Fuel Cell Vehicle Production by Type (2019-2024)
5.1.2 Global Hydrogen Fuel Cell Vehicle Production by Type (2025-2030)
5.1.3 Global Hydrogen Fuel Cell Vehicle Production Market Share by Type (2019-2030)
5.2 Global Hydrogen Fuel Cell Vehicle Production Value by Type (2019-2030)
5.2.1 Global Hydrogen Fuel Cell Vehicle Production Value by Type (2019-2024)
5.2.2 Global Hydrogen Fuel Cell Vehicle Production Value by Type (2025-2030)
5.2.3 Global Hydrogen Fuel Cell Vehicle Production Value Market Share by Type (2019-2030)
5.3 Global Hydrogen Fuel Cell Vehicle Price by Type (2019-2030)
6 Segment by Application
6.1 Global Hydrogen Fuel Cell Vehicle Production by Application (2019-2030)
6.1.1 Global Hydrogen Fuel Cell Vehicle Production by Application (2019-2024)
6.1.2 Global Hydrogen Fuel Cell Vehicle Production by Application (2025-2030)
6.1.3 Global Hydrogen Fuel Cell Vehicle Production Market Share by Application (2019-2030)
6.2 Global Hydrogen Fuel Cell Vehicle Production Value by Application (2019-2030)
6.2.1 Global Hydrogen Fuel Cell Vehicle Production Value by Application (2019-2024)
6.2.2 Global Hydrogen Fuel Cell Vehicle Production Value by Application (2025-2030)
6.2.3 Global Hydrogen Fuel Cell Vehicle Production Value Market Share by Application (2019-2030)
6.3 Global Hydrogen Fuel Cell Vehicle Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Daimler
7.1.1 Daimler Hydrogen Fuel Cell Vehicle Corporation Information
7.1.2 Daimler Hydrogen Fuel Cell Vehicle Product Portfolio
7.1.3 Daimler Hydrogen Fuel Cell Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Daimler Main Business and Markets Served
7.1.5 Daimler Recent Developments/Updates
7.2 Honda
7.2.1 Honda Hydrogen Fuel Cell Vehicle Corporation Information
7.2.2 Honda Hydrogen Fuel Cell Vehicle Product Portfolio
7.2.3 Honda Hydrogen Fuel Cell Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Honda Main Business and Markets Served
7.2.5 Honda Recent Developments/Updates
7.3 Hyundai
7.3.1 Hyundai Hydrogen Fuel Cell Vehicle Corporation Information
7.3.2 Hyundai Hydrogen Fuel Cell Vehicle Product Portfolio
7.3.3 Hyundai Hydrogen Fuel Cell Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Hyundai Main Business and Markets Served
7.3.5 Hyundai Recent Developments/Updates
7.4 Toyota
7.4.1 Toyota Hydrogen Fuel Cell Vehicle Corporation Information
7.4.2 Toyota Hydrogen Fuel Cell Vehicle Product Portfolio
7.4.3 Toyota Hydrogen Fuel Cell Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Toyota Main Business and Markets Served
7.4.5 Toyota Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Hydrogen Fuel Cell Vehicle Industry Chain Analysis
8.2 Hydrogen Fuel Cell Vehicle Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Hydrogen Fuel Cell Vehicle Production Mode & Process
8.4 Hydrogen Fuel Cell Vehicle Sales and Marketing
8.4.1 Hydrogen Fuel Cell Vehicle Sales Channels
8.4.2 Hydrogen Fuel Cell Vehicle Distributors
8.5 Hydrogen Fuel Cell Vehicle Customers
9 Hydrogen Fuel Cell Vehicle Market Dynamics
9.1 Hydrogen Fuel Cell Vehicle Industry Trends
9.2 Hydrogen Fuel Cell Vehicle Market Drivers
9.3 Hydrogen Fuel Cell Vehicle Market Challenges
9.4 Hydrogen Fuel Cell Vehicle Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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