Press release
Fuel Cell Electric Vehicles Market Size, Share, Production Data, Consumption Data, Trade Data, Price - USD/Unit, Cost, Gross Margin 2018 to 2025
This industry study presents the global Fuel Cell Electric Vehicles market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Fuel Cell Electric Vehicles production, revenue and market share by manufacturers, key regions and type;The consumption of Fuel Cell Electric Vehicles in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Honda, Hyundai, etc.
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 exhaustthey emit water vapor and warm air.
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Due to the limitation of technology and raw material cost, development of fuel cell electric vehicle was slow in the first decade in 21 Century. Recently, many automotive manufacturers start to joint together to develop the technology of fuel cell electric vehicle. So far, there are three big global car companies which can offer mass production fuel cell electric vehicle. They are Hyundai, Toyota and Honda.
In 2015, the global production of fuel cell vehicle was only 1010 units In future, as the technology develops, more and more manufacturers will realize the mass production. We predict that the global production of fuel cell vehicle will reach about 384000 units in 2021.
In China there are only 10 be product by SAIC in 2015. There are some of player liked Yutong, Foton in China planned to development their product.
Currently, there are only Korea and Japan can mass production of fuel cell electric vehicles. In 2014, the manufacture Hyundai in Korea first mass production the fuel cell electric vehicles.
Environment protecting policies all over the world will be stricter in the vehicle emissions in future. These policies will offer a promotion to the popularization of fuel cell electric vehicle, especially the developed countries. In 2021 the consumption in the USA and Europe will occupy more than 50% of the world consumption.
View Complete TOC with Tables and Figures index at:https://www.researchmoz.us/global-fuel-cell-electric-vehicles-market-insights-forecast-to-2025-report.html/toc
To grab more market, companies have to expand their technology, capital investment. As the technology is grasped in a few companies, it is hard for the small and medium size companies to enter the market. It can be concluded that fuel cell electric vehicle market will be a high-concentrated in a period of time.
Global Fuel Cell Electric Vehicles market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Fuel Cell Electric Vehicles.
The following manufacturers are covered in this report:
Honda
Hyundai
Toyota Mirai
SAIC
Yutong
Foton
Fuel Cell Electric Vehicles Breakdown Data by Type
Passenger Vehicles
Commercial Vehicles
Fuel Cell Electric Vehicles Breakdown Data by Application
For Public lease
For Sales
Fuel Cell Electric Vehicles Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Fuel Cell Electric Vehicles Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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