openPR Logo
Press release

Global Hydrogen Fuel Cell Vehicle Market- Trends, Outlook with Top Industry Player’s Like- Daimler, Honda, Hyundai, Toyota, Audi, Ballard Power Systems, BMW, Fuel Cell Energy, GM Forecast 2019 to 2025

09-17-2019 12:45 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Amigo Market Reports

Global Hydrogen Fuel Cell Vehicle Market- Trends, Outlook with

Global Hydrogen Fuel Cell Vehicle Market Highlights
Global Hydrogen Fuel Cell Vehicle Market valued approximately USD 465.0 million in 2017 is anticipated to grow with a healthy growth rate of more than 70.13% over the forecast period 2018-2025. The Hydrogen Fuel Cell Vehicle Market is continuously growing in the global scenario at significant pace. Hydrogen fuel cell vehicles (HFCVs) are a class of electric vehicles that power the drive train of the vehicles through the energy generated from fuel cells. The fuel cell converts chemical energy generated from the positively charged hydrogen ions into electricity. The fuel cell technology has been adopted from the aerospace industry where it was first used to power space shuttles and satellites. Growing environmental concerns and development of infrastructure to produce hydrogen are the substantial driving factors of the market during the forecast period.

Request Sample Report @

Additionally, growth in adoption of automobiles in developing regions is another factor that boosting the demand of hydrogen fuel cell vehicle across the globe. Moreover, rising developments in aggressive hydrogen refueling stations (HRS) is the major factors that likely to create numerous opportunity in the near future. Moreover, hydrogen fuel cell have higher efficiency than the diesel or gas engines and can eliminate pollution by which demand of hydrogen fuel cell vehicle is increasing among its end-users across the globe. However, initial capital investment, reduced HRS and high cost of the vehicles are the factors that limiting the market growth of hydrogen fuel cell vehicles during the forecast period.

Industry Key Player’s
• Daimler
• Honda
• Hyundai
• Toyota
• Audi
• Ballard Power Systems
• Fuel Cell Energy
• GM
• Hydogenics
• Volvo

Regional Analysis

The regional analysis of Global Hydrogen Fuel Cell Vehicle Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to rising development of hydrogen fueling infrastructure in the region. Europe is estimated to grow at reasonable growth rate in the global Hydrogen Fuel Cell Vehicle market over the upcoming years. Further, Asia-Pacific anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 owing to strong support of fuel cell technology in economies such as Japan and South Korea across the region.

Get Full Report @

Market Segments
By Product:
• Proton Exchange Membrane Fuel Cell
• Phosphoric Acid Fuel Cells
• Others
By Application:
• Commercial Vehicle
• Passenger Cars
By Regions:
• North America
• Europe
• Asia Pacific
• Latin America
• Rest of the World

Request Discount on Report @

Contact Us
Amigo Market Reports
United States
Toll Free +1 (707) 925 3368

About Us
We offer the exclusive market research solution for all the industries by performing the comprehensive investigation of industry trends, globally. The Association in every industry such as Technology, Healthcare, Aerospace, Consumable Goods and others demands a market-based solutions for various vital decisions based on productivity.
Our main goal is to Boost and Associate organizations to Build everlasting strategic enhancement and recognize growth Purpose. The organization assists its clients to accomplish business policies and achieve Continuous growth in their respective market domain.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Hydrogen Fuel Cell Vehicle Market- Trends, Outlook with Top Industry Player’s Like- Daimler, Honda, Hyundai, Toyota, Audi, Ballard Power Systems, BMW, Fuel Cell Energy, GM Forecast 2019 to 2025 here

News-ID: 1833963 • Views: 418

More Releases from Amigo Market Reports

Global Iris Recognition Market 2019 By Type and Application, Technological Break …
Global Iris Recognition Market Highlights Global Iris Recognition market is accounted for $1972.68 million in 2017 and is expected to reach $11335.84 million by 2026 growing at a CAGR of 21.4% during the forecast period. Government and corporate activities to receive the iris acknowledgment framework in different fields and enlargement of e-passport program are some factors impacting the market growth. Request Sample Report @ Iris recognition is an imperative technique
Global Human Machine Interface (HMI) Market Developing Trends, Segments, Key Pla …
Global Human Machine Interface (HMI) Market Highlights Global Human Machine Interface (HMI) market is accounted for $3.86 billion in 2017 and is expected to reach $8.95 billion by 2026 growing at a CAGR of 9.8%. The rising need for efficiency and monitoring in the manufacturing plant and the evolution of industrial internet of things (II0T) & growing demand for smart automation solution are some of the key factors propelling market growth.
Global Asteroid Mining Market 2019-Growth Factors, Industry Information with Top …
Global Asteroid Mining Market Highlights Global Asteroid Mining Markets accounted for $706.16 million in 2017 and is expected to reach $4,259.34 million by 2026 growing at a CAGR of 22.1% during the forecast period. Ongoing and impending space mining missions, increasing investments of private stakeholders in space mining companies, and adopting 3D printing technology in asteroid mining are the factors expected to drive the growth of the asteroid mining market. However,
Global CRISPR Technology Market Expected to Grow at more than 25% CAGR with Key …
Global CRISPR Technology Market Overview Global CRISPR Technology Market valued approximately USD 449.6 million in 2017 is anticipated to grow with a healthy growth rate of more than 25 % over the forecast period 2018-2025. Increasing availability of government and private funding and growing adoption of CRISPR technology are some key trends that are responsible for the wide adoption of CRISPR Technology globally. Get Sample Copy for Future Advancements @ As per

All 5 Releases

More Releases for Fuel

Clean Fuel Technology Market – Development Assessment 2025 | Clean Fuel Develo …
Global Clean Fuel Technology Market: Overview Clean technology in general implies the use of any service, product, or system that has as little of a negative impact on the environment as possible. Aspects of clean technology include the conservation of energy, sustainable resources, and clean sources of fuels. Clean fuels can refer to the use of renewable fuels such as biogas, or also blended fuels such as fossil fuels with renewable
Fuel Card Market 2022
Fuel cards also known as fleet cards are being used to make payments for fuels, maintenance and repair of vehicles. These cards are mostly used by businesses managing fleet of vehicles. Fuel card market is witnessing lot of partnerships as many fuel companies are offering their own branded fuel cards. Fuel card issuers are also focusing on telematics, enabling the fleets to save on fuel. Wireless fueling is an emerging
Fuel Cell Interconnectors Market By Product Type Ceramic based, Metal based; By …
Global Fuel Cell Interconnectors Market Introduction A fuel cell is a battery that generates electricity through an electrochemical reaction where the fuel cell interconnector is a layer made up of either ceramic or metallic material, which combines the electricity generated by each individual cell. Fuel cell interconnectors are placed between each individual cell to connect the cells in the series. Ceramic fuel cell interconnectors are more suitable for high-temperature working conditions
Global Fuel Catalysts Market 2017- Rentar, FUEL CAT, Organica Biotech
Apex Market Reports, recently published a detailed market research study focused on the "Fuel Catalysts Market" across the global, regional and country level. The report provides 360° analysis of "Fuel Catalysts Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Fuel Catalysts industry, and estimates the future trend of Fuel Catalysts market
Fuel Cards in Portugal 2016
"Fuel Cards in Portugal 2016" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. Description- ** Summary Fuel Cards in Portugal 2016 is invaluable for issuers of fleet cards, fuel retailers, fleet leasing companies and other suppliers to the sector. Based on research with issuers and fuel retailers it provides commercial (B2B) fuel card volume (split by fleet and CRT), value and market share forecasts to
Global Automotive Fuel System Market
The Automotive Fuel System Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. Global Automotive Fuel System Market Dynamics: As mentioned earlier, the global automotive fuel system market is anticipated to be driven by its competitive advantages such as high power output, fuel efficiency,