by According to Precedence Research, during the forecast period of 2022 to 2030, the global fuel cell electric vehicle market is estimated to develop at a compound annual growth rate (CAGR) of 53.4%. The global fuel cell electric vehicle market was valued at USD 4.98 billion in 2021, and it is predicted to exceed USD 35.60 billion by 2030. The study investigates several elements and their consequences on the growth of the fuel cell electric vehicle market.
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This report focuses on fuel cell electric vehicle market volume and value at the global level, regional level, and company level. From a global perspective, this report represents the overall fuel cell electric vehicle market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.
Report Scope of the Fuel Cell Electric Vehicle Market
| Report Coverage | Details |
| Market Size by 2030 | USD 35.60 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 53.43% |
| Rising Region | Asia Pacific |
| Short Distance Segment Expected to Reach | 45% From 2022 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Vehicle, Type, Range, Geography |
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
In-Depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of fuel cell electric vehicle, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of fuel cell electric vehicle has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the fuel cell electric vehicle market.
Some of the prominent players in the fuel cell electric vehicle market include:
- Audi AG
- Ballard Power systems Inc.
- BMW Group
- Daimler AG
- Honda Motor Co limited
- Volvo group
- Toyota Motor Corporation
- General Motors company
- Man Se
- American Honda Motor Co.
- Toshiba
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Segments Covered in the Report
ased on Vehicle
- Passenger Vehicles
- Light commercial vehicles
- Bus
- Trucks
- Heavy Duty Vehicles
- Agriculture
- Automotive
- Others
Based on Type
- Proton Exchange Membrane Fuel Cell
- Phosphoric acid Fuel Cell
- Polymer Electrolyte Membrane Fuel Cell (PEMFC)
- Others
Based on Range
- Short Range
- Long Range
By Geography
Regional Segmentation
- Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
- Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America [United States, Canada, Mexico]
- South America [Brazil, Argentina, Columbia, Chile, Peru]
- Middle East & Africa [GCC, North Africa, South Africa]
Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- What value propositions should businesses aim at while making new research and development funding?
- Which regulations will be most helpful for stakeholders to boost their supply chain network?
- Which regions might see the demand maturing in certain segments in near future?
- What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
- Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
- Which government regulations might challenge the status of key regional markets?
- How will the emerging political and economic scenario affect opportunities in key growth areas?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Fuel Cell Electric Vehicle Market
5.1. COVID-19 Landscape: Fuel Cell Electric Vehicle Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Fuel Cell Electric Vehicle Market, By Vehicle
8.1. Fuel Cell Electric Vehicle Market, by Vehicle, 2022-2030
8.1. Passenger Vehicles
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Light commercial vehicles
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Bus
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Trucks
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Heavy Duty Vehicles
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Agriculture
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.7. Automotive
8.1.7.1. Market Revenue and Forecast (2017-2030)
8.1.8. Others
8.1.8.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Fuel Cell Electric Vehicle Market, By Type
9.1. Fuel Cell Electric Vehicle Market, by Type, 2022-2030
9.1.1. Proton Exchange Membrane Fuel Cell
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Phosphoric acid Fuel Cell
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Polymer Electrolyte Membrane Fuel Cell (PEMFC)
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Fuel Cell Electric Vehicle Market, By Range
10.1. Fuel Cell Electric Vehicle Market, by Range, 2022-2030
10.1.1. Short Range
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Long Range
Chapter 11. Global Fuel Cell Electric Vehicle Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.1.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.3. Market Revenue and Forecast, by Range (2017-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.1.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.4.3. Market Revenue and Forecast, by Range (2017-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Range (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.2.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.3. Market Revenue and Forecast, by Range (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.2.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.4.3. Market Revenue and Forecast, by Range (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Range (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Range (2017-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Range (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.3.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.3. Market Revenue and Forecast, by Range (2017-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.3.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.4.3. Market Revenue and Forecast, by Range (2017-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Range (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Range (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Range (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.3. Market Revenue and Forecast, by Range (2017-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.4.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.4.3. Market Revenue and Forecast, by Range (2017-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Range (2017-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Range (2017-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Range (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.3. Market Revenue and Forecast, by Range (2017-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.5.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.4.3. Market Revenue and Forecast, by Range (2017-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Vehicle (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Range (2017-2030)
Chapter 12. Company Profiles
12.1. Audi AG
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Ballard Power systems Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. BMW Group
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Daimler AG
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Honda Motor Co limited
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Volvo group
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Toyota Motor Corporation
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. General Motors company
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Man Se
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. American Honda Motor Co.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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