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HYDROGEN FUEL CELL VEHICLE

Global Market Trajectory & Analytics

MCP12499

VALIDATED EXECUTIVE ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

2207

Interactions with Platform & by Email *

INTERACTIONS

397

Unique # Participated *

PARTICIPANTS

66

Responses Validated *

VALIDATIONS

31

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  •  DATE

    JULY 2020

  •  TABLES

    68

  •  PAGES

    144

  •  EDITION

    8

  •  PRICE

    USD $4950


COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Hydrogen Fuel Cell Vehicle estimated at US$752.9 Million in the year 2020, is projected to reach a revised size of US$13.3 Billion by 2027, growing at a CAGR of 50.7% over the period 2020-2027.Passenger Cars, one of the segments analyzed in the report, is projected to grow at a 53.6% CAGR to reach US$9.9 Billion 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 Commercial Vehicles segment is readjusted to a revised 44.1% CAGR for the next 7-year period. This segment currently accounts for a 34.9% share of the global Hydrogen Fuel Cell Vehicle market.
The Hydrogen Fuel Cell Vehicle market in the U.S. is estimated at US$229.3 Million in the year 2020. The country currently accounts for a 30.46% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$2.1 Billion in the year 2027 trailing a CAGR of 48% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 45.1% and 42.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 33.5% CAGR while Rest of European market (as defined in the study) will reach US$2.1 Billion by the year 2027.We bring years of research experience to this 8th edition of our report. The 144-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, Audi AG; Ballard Power Systems, Inc.; BMW AG; Daimler AG; FuelCell Energy, Inc.; Honda Motor Co., Ltd.; Hydrogenics Corporation; Hyundai Construction Equipment Europe; MAN SE; Toyota Motor Corporation
» Application (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells, Other Applications) » Type (Passenger Cars, Commercial Vehicles)
» 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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