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Download Free sampleA fuel cell is a device that generates electricity by a chemical reaction. Automotive fuel cells create electricity to power an electric motor, generally using oxygen from the air and compressed hydrogen. They are more efficient than conventional internal combustion engine vehicles and produce no harmful tailpipe exhaust?they emit water vapor and warm air.
Automotive Fuel Cells Market contains market size and forecasts of Automotive Fuel Cells in global, including the following market information:
Global Automotive Fuel Cells Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Fuel Cells Market Sales, 2017-2022, 2023-2028, (MW)
Global top five Automotive Fuel Cells companies in 2021 (%)
The global Automotive Fuel Cells market was valued at 569.6 million in 2021 and is projected to reach US$ 1325.5 million by 2028, at a CAGR of 12.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hydrogen Fuel Cell Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Fuel Cells include Toyota, Honda, Hyundai, Ballard and Nedstack, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Fuel Cells manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Fuel Cells Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Automotive Fuel Cells Market Segment Percentages, by Type, 2021 (%)
Hydrogen Fuel Cell
Others
Global Automotive Fuel Cells Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Automotive Fuel Cells Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Fuel Cells Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Automotive Fuel Cells Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Fuel Cells revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Fuel Cells revenues share in global market, 2021 (%)
Key companies Automotive Fuel Cells sales in global market, 2017-2022 (Estimated), (MW)
Key companies Automotive Fuel Cells sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Toyota
Honda
Hyundai
Ballard
Nedstack
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