Press release
Fuel Cell Electric Vehicle Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
The global fuel cell electric vehicle market is anticipated to grow at a considerable CAGR of 2.9% during the forecast period (2023-2030). Some of the primary factors that are fueling the fuel cell vehicle market is the enthusiasm of market players to participate in the competition with their new launches. There are five most exciting fuel cell electric vehicles among the others in the line to be launched in coming next fuve years.BMW iX5- BMW iX5 is a hydrogen fuel cell electric vehicle with Toyota's co-developed powertrain. It claims to deliver up to 125 kW (170 PS/168 hp) electrical output. The car is reported to have 311 miles range. It is expected to be launched in 2022.
2.Next-gen Honda Clarity FCV- After the succession of the Honda Clarity Fuel Cell Vehicle, the company confirmed the launch of the Next-gen Honda Clarity FCV in 2023.
Ineos Grenadier Hydrogen FCEV- In November 2020, Ineos Automotive partnered with Hyundai motors to develop and test Ineos Grenadier's hydrogen fuel cell variant. Furthermore, the company also partnered with powertrain specialist AVL. On and off-road testing is anticipated to commence by the end of 2022.
Hyundai Nexo- After the succession of Hyundai Nexo, Hyundai is planning to launch the Next-gen of Nexo in 2023. As per Euisun Chung, President, Hyundai Motor Group, the company is planning to extend the range up to 497 miles.
Land Rover Defender Fuel Cell Vehicle- The British automaker, Jaguar Land Rover, planning to launch a hydrogen fuel cell version of Defender. The company was to begin its prototype testing towards the end of 2021. It is anticipated to be launched soon.
To Request a Sample of our Report on Fuel Cell Electric Vehicle Market: https://www.omrglobal.com/request-sample/fuel-cell-electric-vehicle-market
Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Vehicle Type
By Fuel Cell type
By Range
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including BMW AG, DAIMLER AG, General Motors Co., Honda Motor Co., Toyota Motor Corp., and others.
A full Report of Fuel Cell Electric Vehicle Market is Available @ https://www.omrglobal.com/industry-reports/fuel-cell-electric-vehicle-market
Global Fuel Cell Electric Vehicle Market Segmentation
By Vehicle Type
Passenger Cars
Light Commercial Vehicles
Buses
Trucks
Trains
By Fuel Cell Type
Polymer Electrolyte Membrane Fuel Cell (PEMFC)
Phosphoric Acid Fuel Cell (PAFC)
Direct Methanol Fuel Cell (DMFC)
Solid Oxide Fuel Cell (SOFC)
Others (Alkaline Fuel Cell, Molten Carbonate Fuel Cell, and Reversible Fuel Cell)
By Range
Short
Long
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Company Profiles
TheVolvo Group
AUDI AG
Beijing Automobile Group Co., Ltd.
Beijing SinoHytec Co., Ltd.
China FAW Group Co.,Ltd.
Dongfeng Motor Group Co., Ltd.
GAC MOTOR
Hyundai Motor Co.
INEOS Automotive Ltd.
Jaguar Land Rover
MAN
Mazda Motor Corp.
Mitsubishi Fuso Truck and Bus Corp.
Nikola Corp.
Nissan Corp.
SAIC Motor Corp. Ltd.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/fuel-cell-electric-vehicle-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Fuel Cell Electric Vehicle Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029 here
News-ID: 3185889 • Views: …
More Releases from Orion Market Research

Road Marking Paint Market : A Guide to Understanding the Process
The Road Marking Paint Market, valued at approximately USD 5.02 billion in 2023, is projected to reach around USD 7.69 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.36% from 2024 to 2033.
Road Marking Paint Market Overview
The Road Marking Paint Market is steadily expanding, driven by burgeoning infrastructure investments and the need for improved road safety. Governments and municipalities are increasingly allocating funds toward both new…

Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Gr …
The Outboard Boats Market, valued at approximately USD 5.74 billion in 2023, is projected to grow to around USD 14 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 9% over the 2024-2033 period.
Outboard Boat Market Overview
The Outboard Boat Market continues to expand robustly, fueled largely by rising demand for recreational boating, favorable economic conditions, and the appeal of leisure marine activities. Innovations in outboard motor technology-including…

Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and …
The Mobile Ticketing Market, valued at about USD 2.9 billion in 2023, is anticipated to grow to approximately USD 11.39 billion by 2033, reflecting a robust CAGR of 16.7% from 2024 to 2033.
Mobile Ticketing Market Overview
The Mobile Ticketing Market is undergoing rapid expansion, driven primarily by the global surge in smartphone usage and consumer preference for contactless, digital experiences. This growth is further propelled by widespread adoption of digital payments,…

Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Grow …
The Metal Alloy Market, valued at approximately USD 301.7 billion in 2023, is projected to reach USD 533.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2033.
Metal Alloy Market Overview
The Metal Alloy Market is experiencing steady, long-term expansion, driven by growing demand from key sectors such as automotive, aerospace, construction, and electronics. Applications in next-generation vehicles and aircraft are pushing interest in…
More Releases for Fuel
Fuel Cell Market to Expand Significantly by 2024 | Horizon Fuel Cell Technologie …
The "Fuel Cell Market" intelligence report, just published by USD Analytics, covers insurers' micro-level study of important market niches, product offers, and sales channels. In order to determine market size, potential, growth trends, and competitive environment, the Fuel Cell Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study…
Electronic Fuel Management System Market Share and Future Forecast 2022 to 2028 …
The global Electronic Fuel Management System market revenue is expected to register a CAGR of 8.8% during the forecast period.
Latest Study on Industrial Growth of Electronic Fuel Management System Market 2022-2028. A detailed study accumulated to offer current insights about important features of the Electronic Fuel Management System market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, value chain optimization, price, and other substantial factors. While emphasizing…
Marine Gensets Market: Information by Vessel Type (Commercial Vessel, Defense Ve …
A marine genset is a power unit generator that supplies electricity to ships. It offers reliable and fuel-efficient electric power generation for onboard power, emergency gensets, and diesel-electric propulsion. It can be fueled by gas, diesel, hybrid fuel, and others. It has application in offshore commercial vessels, defense vessels, and offshore vessels, among others. Nowadays, most of the marine gensets are fueled by diesel. However, the introduction of alternative fuels…
Fuel Card Market to 2027 - Global Analysis and Forecasts By Type (Branded Fuel C …
The global fuel card market is estimated to account US$ 6.29 Bn in 2018 and is expected to grow at a CAGR of 5.8% during the forecast period 2019 – 2027, to account to US$ 10.39 Bn by 2027.
Request Sample Pages of “Fuel Card Market” Research Report @ www.theinsightpartners.com/sample/TIPRE00003099/?utm_source=openpr&utm_medium=10387
Fuel Card Market: Key Insights
Fuel Card Market Size 2021, by manufacturer, region, types, and application, forecast till 2028 is analyzed and researched on…
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 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…