Fuel Cell Electric Vehicles Market

Fuel Cell Electric Vehicles or Fuel Cell Vehicles is a type of vehicle which uses a fuel cell to power its on-board electric motor. Fuel cells in vehicles 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.

Fuel Cell Electric Vehicles Market contains market size and forecasts of Fuel Cell Electric Vehicles in global, including the following market information:

Global Fuel Cell Electric Vehicles Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Fuel Cell Electric Vehicles Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Fuel Cell Electric Vehicles companies in 2021 (%)

The global Fuel Cell Electric Vehicles market was valued at 1698.8 million in 2021 and is projected to reach US$ 10470 million by 2028, at a CAGR of 29.7% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Passenger Vehicles Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Fuel Cell Electric Vehicles include Honda, Hyundai, Toyota Mirai, Daimler AG., Ford Motor Company, Nissan Motor Company Ltd, General Motors Co., BMW AG and PSA Peugeot Citro?n, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Fuel Cell Electric Vehicles 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 Fuel Cell Electric Vehicles Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Fuel Cell Electric Vehicles Market Segment Percentages, by Type, 2021 (%)

Passenger Vehicles

Commercial Vehicles

Global Fuel Cell Electric Vehicles Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Fuel Cell Electric Vehicles Market Segment Percentages, by Application, 2021 (%)

For Public Lease

For Sales

Global Fuel Cell Electric Vehicles Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Fuel Cell Electric Vehicles 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 Fuel Cell Electric Vehicles revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Fuel Cell Electric Vehicles revenues share in global market, 2021 (%)

Key companies Fuel Cell Electric Vehicles sales in global market, 2017-2022 (Estimated), (Units)

Key companies Fuel Cell Electric Vehicles sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Honda

Hyundai

Toyota Mirai

Daimler AG.

Ford Motor Company

Nissan Motor Company Ltd

General Motors Co.

BMW AG

PSA Peugeot Citro?n

Volkswagen Group

Mitsubishi Group

Suzuki Motor Corporation

SAIC Motor Corporation Limited

Van Hool NV

Solaris Bus & Coach S.A.

VDL Bus & Coach bv

Proterra Inc.

Zhengzhou Yutong Group Co., Ltd.