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Fuel Cell Electric Vehicles or Fuel Cell Vehicles is a type of vehicle which uses a fuel cell to power its on-board electric motor. Fuel cells in vehicles create electricity to power an electric motor, generally using oxygen from the air and compressed hydrogen. They are more efficient than conventional internal combustion engine vehicles and produce no harmful tailpipe exhaustthey emit water vapor and warm air.
Scope of the Report:
Due to the limitation of technology and raw material cost, development of fuel cell electric vehicle was slow in the first decade in 21 Century. Recently, many automotive manufacturers start to joint together to develop the technology of fuel cell electric vehicle. So far, there are three big global car companies which can offer mass production fuel cell electric vehicle. They are Hyundai, Toyota and Honda.
In 2015, the global production of fuel cell vehicle was only 1010 units In future, as the technology develops, more and more manufacturers will realize the mass production. We predict that the global production of fuel cell vehicle will reach about 384000 units in 2021.
In China there are only 10 be product by SAIC in 2015. There are some of player liked Yutong, Foton in China planned to development their product.
Currently, there are only Korea and Japan can mass production of fuel cell electric vehicles. In 2014, the manufacture Hyundai in Korea first mass production the fuel cell electric vehicles.
Environment protecting policies all over the world will be stricter in the vehicle emissions in future. These policies will offer a promotion to the popularization of fuel cell electric vehicle, especially the developed countries. In 2021 the consumption in the USA and Europe will occupy more than 50% of the world consumption.
To grab more market, companies have to expand their technology, capital investment. As the technology is grasped in a few companies, it is hard for the small and medium size companies to enter the market. It can be concluded that fuel cell electric vehicle market will be a high-concentrated in a period of time.
The worldwide market for Fuel Cell Electric Vehicles is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Fuel Cell Electric Vehicles 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.
Market Segment by Manufacturers, this report covers
- Honda
- Hyundai
- Toyota Mirai
- SAIC
- Yutong
- Foton
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 Vehicles
- Commercial Vehicles
Market Segment by Applications, can be divided into
- For Public lease
- For Sales
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Fuel Cell Electric Vehicles product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Fuel Cell Electric Vehicles, with price, sales, revenue and global market share of Fuel Cell Electric Vehicles in 2017 and 2018.
Chapter 3, the Fuel Cell Electric Vehicles competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Fuel Cell Electric Vehicles breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Fuel Cell Electric Vehicles market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Fuel Cell Electric Vehicles sales channel, distributors, customers, research findings and conclusion, appendix and data source.