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AUTOMOTIVE FUEL CELL SYSTEMS

Global Market Trajectory & Analytics

MCP10522

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  •  DATE

    SEPTEMBER 2020

  •  TABLES

    100

  •  PAGES

    176

  •  EDITION

    9

  •  PRICE

    USD $5450


COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Automotive Fuel Cell Systems estimated at 12.5 Thousand Units in the year 2020, is projected to reach a revised size of 351.8 Thousand Units by 2027, growing at aCAGR of 61.2% over the period 2020-2027. Polymer Electronic Membrane Fuel Cell, one of the segments analyzed in the report, is projected to record 65.1% CAGR and reach 303.5 Thousand Units by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Phosphoric Acid Fuel Cell segment is readjusted to a revised 46.1% CAGR for the next 7-year period.
The Automotive Fuel Cell Systems market in the U.S. is estimated at 3.8 Thousand Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 54 Thousand Units by the year 2027 trailing a CAGR of 57.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 54.3% and 51.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 40.6% CAGR.We bring years of research experience to this 9th edition of our report. The 176-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, Ballard Power Systems, Inc.; Ceres Power Holdings PLC; Daimler AG; Honda Motor Co., Ltd.; Hydrogenics Corporation; Hyundai Motor Company; ITM Power PLC; Nedstack fuel cell technology BV; Nissan Motor Co., Ltd.; Nuvera Fuel Cells LLC; Panasonic Corporation; Plug Power Inc.; Toshiba Corporation; Toyota Motor Corporation
» Component (Fuel Processor, Fuel Stack, Power Conditioner) » Electrolyte Type (Polymer Electronic Membrane Fuel Cell, Phosphoric Acid Fuel Cell) » Vehicle Type (Passenger Car, LCV, HCV)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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