Fuel Cell Electric Vehicle Market 2018 Top Key Players: Honda, Toyota, Mercedes-Benz, Hyundai, Riversimple Rasa, Audi, General Motors, Daimler, Suzuki

Market Overview:-

Global Fuel Cell Electric Vehicle Market is predicted to cross 300 thousand units over the projected time span. Increasing R&D activities will support in minimizing the product cost and provide the way for nascence technology. Ongoing technological improvements coupled with manufacturers investing in enhancing production level to obtain economies of scale may result in price drop. Constantly, increasing demand for improved automotive will spur the fuel cell electric vehicle market share over the study period.

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E-bikes segment is projected to acquire around 23% of the fuel cell electric vehicle market volume share. This can be attributed to availability of these two-wheelers at affordable costs and serving the motive of middle class citizens across various countries. Substantial number of e-bikes are running on the roads of China and its sales are increasing in Europe as well, especially in northern countries of the region according to the European Cyclists Federation.

Top Key Players:-

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Daimler
2. Electricore
3. Ford
4. General Motors
5. Honda
6. Hyundai
7. Mercedes-Benz
8. Mitsubhishi
9. Nissan
10. Suzuki
11. Tata Motors
12. Toyota

Regional Segmentations:-

Asia Pacific is predicted to dominate the industry’s volume share over the study period owing to rising automobile production across the region. China is the significant contributor in regional revenue generation. Increasing auto production coupled with rising domestic demand is boosting the country’s share over the projected timeframe.

In 2016, North America fuel cell electric vehicle market share was valued at around USD 173 million and will exhibit 41% CAGR over the projected time span. This can be attributed to the presence of well-established players and stringent regulations existing in the region. Government funds will further support the growth of fuel cell electric vehicle industry till 2024.

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Major Points of Table Of Content:-

3. Fuel cell electric vehicle Industry Insights

3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Suppliers
3.3.2. Manufacturers
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.4.1. OEM
3.4. Pricing analysis
3.4.1. By region
3.4.1.1. NA
3.4.1.2. Europe
3.4.1.3. APAC
3.4.1.4. LATAM
3.4.1.5. MEA
3.4.2. Cost structure analysis
3.5. Hydrogen stations
3.5.1. By region
3.5.1.1. NA
3.5.1.2. Europe
3.5.1.3. APAC
3.5.1.4. LATAM
3.5.1.5. MEA
3.6. Technology landscape
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. EU
3.7.3. China
3.8. Industry impact forces
3.8.1. Growth drivers
3.8.1.1. North America
3.8.1.2. Europe
3.8.1.3. Asia Pacific
3.8.1.4. LATAM
3.8.1.5. MEA
3.8.2. Industry pitfalls & challenges
3.9. Innovation & sustainability
3.10. Growth potential analysis
3.11. Porter's analysis
3.12. Competitive landscape, 2016
3.12.1. Company market share
3.12.2. Strategy dashboard
3.13. PESTEL analysis

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Passenger cars sector will observe significant gains of more than 42% from 2017 to 2024. This can be credited to rising automotive production across the world coupled with increasing government initiatives. For instance, the U.S. government aims to construct hydrogen refueling stations across the nation through H2USA public private partnership and auto manufacturers support. Moreover, California plans to invest USD 20 million every year until 100 stations are constructed for commercial use.

Long range distance travelling automobiles in the fuel cell electric vehicle industry are expected to surpass USD 880 million over the projected time span. Auto producers are focusing on development of internal components and mileage enhancement. For instance, Hyundai aims to launch long distance travelling hydrogen powered sports utility vehicle that will yield 9% efficiency boost as compared to traditional models.

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