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Hydrogen Fuel Cell Vehicle Market Forecasts – Honda, Toyota, Hyundai, Daimler, Audi, BMW, Volvo, Ballard Power Systems, General Motors, and MAN

02-18-2019 04:06 PM CET | Industry, Real Estate & Construction

Press release from: Big Market Research

Hydrogen Fuel Cell Vehicle

Hydrogen Fuel Cell Vehicle

Global Hydrogen Fuel Cell Vehicle Market was valued at $278 million in 2016, and is projected to reach at $12,133 million by 2023, growing at a CAGR of 72.4% from 2017 to 2023. Hydrogen fuel cell generates electricity from hydrogen while the vehicle is running. It uses a hydrogen fuel cell to power its on-board electric motor. The vehicle does not create any greenhouse gas (GHG) emissions during vehicle operation unlike diesel-powered and gasoline vehicles. Moreover, extensive support from government to propel hydrogen fuel cell infrastructure provides ample of growth opportunity.

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Rise in environmental concern and government initiatives to propel hydrogen fuel cell infrastructure drive the market growth. Furthermore, tax rebates and developments in aggressive hydrogen refueling stations (HRS) fuels the market growth. However, initial large investment in infrastructure is expected to restrain the market growth.

The report segments the hydrogen fuel cell vehicle market based on vehicle type, technology, and region. Based on vehicle type, the market is bifurcated into passenger and commercial vehicle. According to technology, the market is classified into proton exchange membrane fuel cell, phosphoric acid fuel cells, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players operating in the market include Honda, Toyota, Hyundai, Daimler, Audi, BMW, Volvo, Ballard Power Systems, General Motors, and MAN.

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KEY BENEFITS FOR STAKEHOLDERS:

This study comprises analytical depiction of the global hydrogen fuel cell vehicle market with current trends and future estimations to illustrate the imminent investment pockets.

The overall market potential is determined to understand the profitable trends to gain a stronger coverage in the market.

The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.

The current market is quantitatively analyzed from 2017 to 2023 to highlight the financial competency of the market.

Porter’s Five Forces analysis illustrates the potency of the buyers and suppliers.

KEY MARKET SEGMENTS:

By Vehicle Type: Passenger Vehicle, Commercial Vehicle

By Fuel Cell Technology Type: Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells, Others

By Geography: U.S., Canada, Mexico, Italy, Germany, Spain, Romania, China, Japan, India, Lamea, Latin America, Middle East, Africa.

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Table of content:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW

CHAPTER 4: HYDROGEN FUEL CELL VEHICLE MARKET, BY FILTER TYPE

CHAPTER 5: HYDROGEN FUEL CELL VEHICLEMARKET, BY APPLICATION

CHAPTER 6: HYDROGEN FUEL CELL VEHICLEMARKET, BY DISTRIBUTION CHANNEL

CHAPTER 7: HYDROGEN FUEL CELL VEHICLE MARKET, BY REGION

CHAPTER 8: COMPANY PROFILES

Similar Related report:

Global Hydrogen Fuel Cell Vehicles Market Research Report 2018

More summary: https://www.bigmarketresearch.com/global-hydrogen-fuel-cell-vehicles-market-research-report-2018-market

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