March 4, 2024

Fuel Cell Electric Vehicle Market to Witness Significant Growth by 2030

[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global fuel cell electric vehicle market was valued at around USD 4.98 billion in 2021 and is expected to register revenues worth USD 35.60 billion by the end of 2030, growing at an exceptional CAGR of approximately 53.4% between 2022 and 2030.

Fuel Cell Electric Vehicle

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Fuel Cell Electric Vehicle Market Report Scope

A recent study by Precedence Research on the fuel cell electric vehicle market offers a forecast for 2022 and 2030. The study analyzes crucial trends that are currently determining the growth of the fuel cell electric vehicle market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of fuel cell electric vehicle. The study also provides the dynamics that are responsible for influencing the future status of the fuel cell electric vehicle market over the forecast period.

A detailed assessment of the fuel cell electric vehicle market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the fuel cell electric vehicle market along with their product portfolio enhances the reliability of this comprehensive research study.

Competition Landscape

The report has engulfed a chapter on the global fuel cell electric vehicle market’s competitive landscape, which provides detailed analysis and insights on companies offering fuel cell electric vehicle. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.

This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

Read Also@ Battery Management System Market Size to Worth Around US$ 35.14 Bn by 2030

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

Fuel Cell Electric Vehicle Market Segmentation

Based 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

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]

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global fuel cell electric vehicle market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the fuel cell electric vehicle market.

The report includes country-wise and region-wise market size for the period 2022-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2022-2030.

Why should you invest in this report?

If you are aiming to enter the global fuel cell electric vehicle market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for fuel cell electric vehicle are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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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