Hydrogen Fuel Cell Vehicle Market 2020 Forecast & Prominent Players- Daimler AG, American Honda Motor Company, Inc., Hyundai Motor America, Toyota Motor Corporation, AUDI AG, Ballard Power Systems, BMW Group, Hydrogenics, General Motors

Worldwide Hydrogen Fuel Cell market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

Global Hydrogen Fuel Cell Vehicle Market is valued approximately USD 673.4 million in 2018 and is anticipated to grow with a healthy growth rate of more than 65.36% over the forecast period 2019-2026. The market growth is primarily driven by growing environmental concerns and development of infrastructure to produce hydrogen. Additionally, growth in adoption of automobiles in developing regions is likely to fuel the growth of the market in the near future.

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Favorable government initiatives on hydrogen cell coupled with the growth advancement in cell technology tends to increase the market share of hydrogen fuel cell vehicles. For instance, the state of California in the U.S. committed funds for the development of 100 hydrogen refueling stations to meet its target of 1.5 million zero-emission vehicles by 2025 which is driving the growth of the hydrogen fuel cell vehicle market. Moreover, increase in awareness toward the consequences of air pollution and rise in levels of traffic & greenhouse gas emission drive the adoption of hydrogen fuel cell vehicles, as it is eco-friendly than other conventional vehicles. However, high initial capital investment and high cost of the vehicles are expected to hamper the market growth.

The regional analysis of 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 expected to account for the majority of the market share owing to the rising government initiatives coupled with the rising fuel cell infrastructure.

Major market player included in this report are:
o Daimler
o Honda
o Hyundai
o Toyota
o Audi
o Ballard Power Systems
o BMW
o Fuel Cell Energy
o GM
o Hydrogenics

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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Market Segmentation:
By Product:
o Proton Exchange Membrane Fuel Cell
o Phosphoric Acid Fuel Cells
o Others

By Application:
o Commercial Vehicles
o Passenger Cars

By Region:
o North America
o Europe
o Asia Pacific
o Latin America
o Rest of the World

Table Of Content
Chapter 1. Executive Summary
Chapter 2. Global Hydrogen Fuel Cell Vehicle Market Definition and Scope
Chapter 3. Global Hydrogen Fuel Cell Vehicle Market Dynamics
Chapter 4. Global Hydrogen Fuel Cell Vehicle Market Industry Analysis
Chapter 5. Global Hydrogen Fuel Cell Vehicle Market, by Product
Chapter 6. Global Hydrogen Fuel Cell Vehicle Market, by Application
Chapter 7. Global Hydrogen Fuel Cell Vehicle Market, Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Research Process

Related Report:
Global Hydrogen Generation Market Size study, by Technology, by Application, by Storage, by Generation & Delivery Mode and Regional Forecasts 2018-2025

Global Hydrogen Generation Market to reach USD 232.2 billion by 2025. Global hydrogen generation market is valued approximately USD 158 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 8.0 % over the forecast period 2018-2025. The Hydrogen Generation Market is continuously growing across the world over the coming years.

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