Automotive Fuel Cell Market, By Component (Fuel Processor, Fuel Cell Stack, Power Conditioner, Air Compressor, Humidifier), Power Output, Hydrogen Fuel Stations, Vehicle Type (Passenger car, LCV, Truck, Bus), Operating Miles and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Global Automotive Fuel Cell Market is anticipated to reach USD 21,000 units in 2021 growing at a CAGR of 64.8% during the forecasting period, 2021-2028.
Automotive fuel cell are fuel cells used to power electric automobiles. These fuel cell derive energy from reaction which uses oxygen from air and compressed hydrogen. Usual fuel cell used in automobile is polymer electrolyte membrane fuel cell. In this an electrolyte to is trapped between a Cathode and an anode. These cells have less refuelling time and have a good range.
As the need for fuel independency increase and the better fuel efficiency offered by automotive fuel cell are some of the factors that have supported long-term expansion for foot and ankle devices industry.
Global Automotive Fuel Cell Market is segmented into Component, Power Output, Hydrogen Fuel Stations, Vehicle Type, Operating Miles and geography.
Component is segmented into Fuel Processor, Fuel Cell Stack, Power Conditioner, Air Compressor, and Humidifier
Vehicle Type segment is segmented into Passenger car, LCV, Truck, Bus
Geographically, global Automotive Fuel Cell Market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Key players in global Automotive Fuel Cell Market are Ballard Power Systems (Canada), Toyota Motor Corporation (Japan), Hyundai Group (South Korea), Hyster Yale (US), Cummins (US) among others.
Report Feature |
Descriptions |
---|---|
Market Revenue In 2021 |
USD 21,000 units |
Growth Rate |
CAGR of 64.8% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in units and CAGR from 2021 to 2028 |
Report Segmentation |
Component , Power Output, Hydrogen Fuel Stations, Vehicle Type, Operating Miles and Geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Ballard Power Systems (Canada), Toyota Motor Corporation (Japan), Hyundai Group (South Korea), Hyster Yale (US), Cummins (US) |
Available Customization |
In addition to the market data for Global Automotive Fuel Cell Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |