Press release
Global Automotive Fuel Cell Market Outlook 2020-2027 : Comprehensive study explores Huge Growth in Future | Hydrogenics, ITM Power, Plug Power, Nuvera Fuel Cells, Ceres Power, Nedstack, and Doosan Corp.
Automotive fuel cell refers to a vehicle which is powered by hydrogen fuel for the propulsion of the automotive. Fuel is contained in high-pressure tank and fed into a fuel cell stack, where the oxygen and hydrogen found naturally in the air react with each other and generate electricity. They are available in various vehicles such as cars, buses, and trucks.Request Sample Copy of this Report @ https://qualiketresearch.com/request-sample/Automotive-Fuel-Cell-Market/request-sample
Market Drivers
Increase in vehicle production is the key driving factor which is expected to boost the global automotive fuel cell market growth. Furthermore, rise in global environmental issues such as climate change and poor air quality due to high fossil fuel consumption will have the positive impact on market growth. The fuel cell produces zero emission and contributes to eliminate the greenhouse gases thereby propelling the market growth during this forecast period. Moreover, the automotive fuel cell demand is growing significantly as compared to battery electric vehicles owing to high performance ability to refuel in reduced time and long range provided by the systems.
Market Restraints
However, automotive fuel cells are highly flammable in nature and hard to detect hydrogen leakages that are the some challenging factors which expected to obstruct the global automotive fuel cell market growth.
Market Key Players
Various key players are discussed in this report such as Delphi Technologies, Ballard Power Systems, Hydrogenics, ITM Power, Plug Power, Nuvera Fuel Cells, Ceres Power, Nedstack, and Doosan Corporation
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Market Taxonomy
By Electrolyte Type
• PEMFC (Proton-Exchange Membrane Fuel Cell)
• PAFC (Phosphoric Acid Fuel Cell)
By Power Output
• Below 100 KW
• 100-200KW
• Above 200 KW
By Vehicle Type
• Passenger Car
• Bus
• Light Commercial Vehicle
• Truck
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
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Vishal Thakur
Research Support Specialist
QualiKet Research
6060 N Central Expy #500, TX 75204, U.S.A
Email: sales@qualiketresearch.com
Website: https://qualiketresearch.com
About Us:-
QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
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