Automotive Fuel Cells market

Automotive Fuel Cells Market - Global Outlook and Forecast 2022-2028

  • 28 January 2022
  • Automotive and Transportation
  • 72 Pages
  • Report code : PMR-6805958

  • 4.7 (158)

Automotive Fuel Cells Market

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A 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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