Fuel Cell Electric Vehicle (FCEV) is a type of electric vehicle which uses a fuel cell, instead of a battery, or in combination with a battery or supercapacitor, to power its on-board electric motor.
Fuel Cells in Vehicles generate electricity to power the motor, generally using oxygen from the air and compressed hydrogen. Most fuel cell vehicles are classified as zero-emissions vehicles that emit only water and heat. As compared with internal combustion vehicles, hydrogen vehicles centralize pollutants at the site of the hydrogen production, where hydrogen is typically derived from reformed natural gas.
Global Fuel Cell Electric Vehicle market size will reach 12300 million US$ by 2025, from 1000 million US$ in 2018, at a CAGR of 36.9% during the forecast period. In this study, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Fuel Cell Electric Vehicle.
This industry study presents the global Fuel Cell Electric Vehicle market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Fuel Cell Electric Vehicle production, revenue and market share by manufacturers, key regions and type;
The consumption of Fuel Cell Electric Vehicle in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Daimler, Electricore, etc.
The following manufacturers are covered in this report:
Fuel Cell Electric Vehicle Breakdown Data by Type
Fuel Cell Electric Vehicle Breakdown Data by Application
Fuel Cell Electric Vehicle Production by Region
Fuel Cell Electric Vehicle Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Fuel Cell Electric Vehicle status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Fuel Cell Electric Vehicle manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Fuel Cell Electric Vehicle :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Fuel Cell Electric Vehicle market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.