Press release
At 45% CAGR, Hydrogen Vehicle Market Size, will reach 5430 million USD by 2023 - by Top Key Players: Toyota, Hyundai, Honda, Foton, SAIC, FeiChi Bus, Dongfeng
Hydrogen Vehicle Market
The worldwide market for Hydrogen Vehicle is expected to grow at a CAGR of roughly 45.0% over the next five years, will reach 5430 million US$ in 2023, from 580 million US$ in 2017, according to a new Market Study Report LLC study.
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Market Segment by Manufacturers, this report covers
• Toyota
• Hyundai
• Honda
• Foton
• SAIC
• FeiChi Bus
• Dongfeng
Hydrogen Vehicle use hydrogen gas to power an electric motor. Unlike conventional vehicles which run on gasoline or diesel, fuel cell cars and trucks combine hydrogen and oxygen to produce electricity, which runs a motor.
This report focuses on the Hydrogen Vehicle in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
In the last several years, global market of Hydrogen Vehicle developed rapidly, with an average After several months of survey and research, research group obtains the following conclusions:
In the last several years, global market of Hydrogen Vehicle developed rapidly, with an average growth rate of 95%. As an important role in automotive market, the development of Hydrogen Vehicle have a close relationship with the development of technology.
The global average price of Hydrogen Vehicle is in the decreasing trend, from 218 K USD/Unit in 2014 to 182 K USD/Unit in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.
United States and Europe account for 50% and 10% market share in 2016 respectively. As developed region, the growth rate of Hydrogen Vehicle are as high as less than 40%. On the other hand, the development speed of Hydrogen Vehicle in China and other Asian countries is relatively high. Besides, China also have larger consumption market with market share of 7%. The production region is mainly concentrated in Japan, Korea and China.
Market Concentration Rate is very high though the top 7 manufacturers occupies nearly 98% market share in 2017. There are still some of manufacturers participated in this market.
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Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Passenger Vehicle
Commercial Vehicle
Market Segment by Applications, can be divided into
Commercial Use
Home Use
There are 15 Chapters to deeply display the global Hydrogen Vehicle market.
Chapter 1, to describe Hydrogen Vehicle Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Hydrogen Vehicle, with sales, revenue, and price of Hydrogen Vehicle, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Hydrogen Vehicle, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Hydrogen Vehicle market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Hydrogen Vehicle sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
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Table of Contents
1 Market Overview
2 Manufacturers Profiles
3 Global Hydrogen Vehicle Market Competition, by Manufacturer
4 Global Hydrogen Vehicle Market Analysis by Regions
5 North America Hydrogen Vehicle by Countries, Type, Application and Manufacturers
6 Europe Hydrogen Vehicle by Countries, Type, Application and Manufacturers
7 Asia-Pacific Hydrogen Vehicle by Countries, Type Application and Manufacturers
8 South America Hydrogen Vehicle by Countries, Type, Application and Manufacturers
9 Middle East and Africa Hydrogen Vehicle by Countries, Type, Application and Manufacturers
10 Global Hydrogen Vehicle Market Segment by Type
11 Global Hydrogen Vehicle Market Segment by Application
12 Hydrogen Vehicle Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
RELETED REPORT: Global Hydrogen Vehicle Market Professional Survey Report 2019
This report focuses on Hydrogen Vehicle volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hydrogen Vehicle market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Hydrogen Vehicle in North America, Europe, China, Japan, Southeast Asia and India.
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