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Hydrogen Fuel Cell Vehicle Market by Vehicle Type (Passenger Vehicle and Commercial Vehicle) and Technology (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023
Published Date: November 2019
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Report Code: ALLI-Auto-1O245
Home | Category |Autos & Vehicles |Motor Vehicles (By Type) |Hybrid & Alternative Vehicles
Hydrogen Fuel Cell Vehicle Market by Vehicle Type Passenger Vehicle and Commercial Vehicle and Technology Proton Exchange Membrane Fuel Cell Phosphoric Acid Fuel Cells and Others Global Opportunity Analysis and Industry Forecast 2017 2023

Hydrogen Fuel Cell Vehicle Market by Vehicle Type (Passenger Vehicle and Commercial Vehicle) and Technology (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

Code: ALLI-Auto-1O245
Report
November 2019
127 Pages
Allied Market Research
Region: Global, North America,
Description
Table of Content
Tables & Figures

Hydrogen Fuel Cell Vehicle Market - 2026

 

The hydrogen fuel cell vehicle market size was valued at USD 651.9 million in 2018, and is projected to reach at USD 42,038.9 million by 2026, growing at a CAGR of 66.9% from 2019 to 2026.

The key factors that impact the growth of the global market include surge in environmental concerns, increase in government initiatives for development of hydrogen fuel cell infrastructure, high initial investment in infrastructure, and technological advancement and future potential. Each of these factors is anticipated to have a definite impact on the hydrogen fuel cell vehicle market during the forecast period.

The major companies profiled in the hydrogen fuel cell vehicle market share include Honda, Toyota, Hyundai, Daimler, Audi, BMW, Volvo, Ballard Power Systems, General Motors, and MAN.

Hydrogen fuel cell generates electricity from hydrogen while the vehicle is running. It uses a hydrogen fuel cell to power its on-board electric motor. The vehicle does not create any greenhouse gas (GHG) emissions during vehicle operation unlike diesel-powered and gasoline vehicles. Moreover, extensive support from government to propel hydrogen fuel cell infrastructure provides ample of growth opportunity.
 
Rise in environmental concern and government initiatives to propel hydrogen fuel cell infrastructure drive the market growth. Furthermore, tax rebates and developments in aggressive hydrogen refueling stations (HRS) fuels the market growth. However, initial large investment in infrastructure is expected to restrain the market growth.
 
The report segments the hydrogen fuel cell vehicle market based on vehicle type, technology, and region. Based on vehicle type, the market is bifurcated into passenger and commercial vehicle. According to technology, the market is classified into proton exchange membrane fuel cell, phosphoric acid fuel cells, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

 

Top Impacting Factors

Increase in environmental concern

Owing to rise in concerns of environment degradation and depletion of natural resources, various technologies are being launched in the market that support the eco-friendly concept to sustain the environment. Moreover, increase in awareness toward the consequences of air pollution and rise in levels of traffic & greenhouse gas emission drive the adoption of hydrogen fuel cell vehicles, as it is eco-friendly than other conventional vehicles.  

Government initiatives for development of hydrogen fuel cell infrastructure

Several policies have been deployed by the different governments to cater with environment conditions. For instance, the state of California in the U.S. committed funds for the development of 100 hydrogen refueling stations to meet its target of 1.5 million zero-emission vehicles by 2025 which is driving the growth of the hydrogen fuel cell vehicle market. 

Increase in demand for fuel-efficient, high-performance, and low-emission vehicles

Gasoline being a fossil fuel is not a renewable source of energy and is expected to exhaust in the future. It is important to develop and use alternative sources of fuel to support sustainable development. This involves use of hydrogen fuel cell vehicles, electric vehicles, which do not use gasoline and are economical when compared with conventional vehicles. For instance, an electric vehicle converts over 50% of the electrical energy from the grid to power at the wheels, whereas the gas-powered vehicle only manages to convert about 17%–21% of the energy stored in gasoline. 

The hydrogen fuel cell vehicles are more efficient over IC engine vehicles and hybrid vehicles and has efficiency of 60-70% over the other two. The demand for fuel-efficient vehicles has increased recently owing to rise in price of petrol and diesel. This has also resulted due to depleting fossil fuel reserves and growth in tendency of companies to gain maximum profit from these oil reserves. Thus, these factors boost the need for advanced fuel-efficient technologies, leading to surge in demand for hydrogen fuel cell vehicles for travel.

High initial investment in infrastructure

Hydrogen fuel cell technology offers powertrains that do not emit tailpipe greenhouse gases and other harmful pollutants such as nitrogen oxides and particulate matter. This feature helps to attract vendors towards use of this technology. However, high cost of raw materials such as platinum in the fuel cell anode and carbon fiber to produce the hydrogen fuel tanks and others required to develop hydrogen infrastructure is expected to hamper the hydrogen fuel cell vehicle market growth.

Rapid R&D to propel the adoption of hydrogen fuels

The world has been aware of hydrogen fuel cells and its advantages in the automobile industry. However, the process to split water molecules into oxygen and hydrogen is expensive, which hampers the adoption of hydrogen fuel cell vehicles. 

Scientists have been working relentlessly to formulate an inexpensive method to create hydrogen energy. According to a research paper published in Nature Communications, the scientists at Swinburne University of Technology and Griffith University successfully captured hydrogen by splitting it from water molecules using inexpensive metals such as iron and nickel as catalysts. The use of these metals boosts the chemical process while minimizing the energy required for it.  

Prior to this, precious metals such as ruthenium, iridium, and platinum were used as catalysts in this process. However, iron and nickel, the commonly found metals on Earth, can easily replace the benchmark catalysts. The research offered an affordable way to develop hydrogen fuel cells.  

Big plans regarding hydrogen fuel cells in the future

The pioneer in the automobile industry, Toyota has unveiled big plans regarding futuristic city powered by hydrogen fuel cells. The company stated the city would be located at the foot of Mount Fuji in Japan and employee and their families along with researchers and scientists would be the residents of the city. 

The city is named Woven City and would flaunt a connected ecosystem. In addition, Toyota is partnering with Paccar Inc. to develop around 10 Class 8 fuel cell trucks to use in Southern California. The partnership is expected to use up to 100 hydrogen fuel cell-powered buses to transport visitors during the 2020 Olympics in Tokyo. 

That being said, the demand for hydrogen fuel cell vehicles is expected to gain momentum. In addition, the increase in innovations to decrease the cost of manufacturing is bound to create new opportunities in the future, which would define a new era of transportation. 

 
 

KEY BENEFITS FOR STAKEHOLDERS

  • This study comprises analytical depiction of the hydrogen fuel cell vehicle market trends with current trends and future estimations to depict the imminent investment pockets.
  • The overall potential is determined to understand the profitable trends to gain a stronger foothold.
  • The hydrogen fuel cell vehicle market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current growth and forecast is quantitatively analyzed from 2018 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
  • The study also comprises the hydrogen fuel cell vehicle market opportunity which help key players in decision making.

 

Hydrogen Fuel Cell Vehicle Market Key Segments:

By Vehicle Type
  • Passenger Vehicle
  • Commercial Vehicle
By Technology
  • Proton Membrane Exchange
  • Phosphoric Acid Fuel Cell
  • Others
By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Hydrogen Fuel Cell Vehicle Market Key Players:

  • Honda
  • Toyota
  • Hyundai
  • Daimler
  • Audi
  • BMW
  • Volvo
  • Ballard Power Systems
  • General Motors
  • MAN

TABLE OF CONTENT

 

CHAPTER 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. RESEARCH METHODOLOGY

1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings of the study
2.2. CXO PERSPECTIVE

CHAPTER 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS, 2018
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increase in environmental concern
3.5.1.2. Government initiatives for development of hydrogen fuel cell infrastructure

3.5.2. Restraint

3.5.2.1. High initial investment in infrastructure

3.5.3. Opportunity

3.5.3.1. Technological advancement and future potential in hydrogen fuel cell vehicle market

3.6. KEY DYNAMICS

3.6.1. Value chain analysis
3.6.2. Market evolution
3.6.3. Industry roadmap
3.6.4. Pricing analysis
3.6.5. Race analysis

CHAPTER 4: HYDROGEN FUEL CELL VEHICLE MARKET, BY VEHICLE TYPE

4.1. OVERVIEW
4.2. PASSENGER VEHICLE

4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country

4.3. COMMERCIAL VEHICLE

4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country

CHAPTER 5: HYDROGEN FUEL CELL VEHICLE MARKET, BY TECHNOLOGY

5.1. OVERVIEW
5.2. PROTON EXCHANGE MEMBRANE FUEL CELL

5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country

5.3. PHOSPHORIC ACID FUEL CELL

5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country

5.4. OTHERS

5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country

CHAPTER 6: HYDROGEN FUEL CELL VEHICLE MARKET, BY REGION

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by vehicle type
6.2.3. Market size and forecast, by technology
6.2.4. Market analysis by country

6.2.4.1. U.S.

6.2.4.1.1. Market size and forecast
6.2.4.1.2. Market size and forecast, by vehicle type
6.2.4.1.3. Market size and forecast, by technology

6.2.4.2. Canada

6.2.4.2.1. Market size and forecast
6.2.4.2.2. Market size and forecast, by vehicle type
6.2.4.2.3. Market size and forecast, by technology

6.2.4.3. Mexico

6.2.4.3.1. Market size and forecast
6.2.4.3.2. Market size and forecast, by vehicle type
6.2.4.3.3. Market size and forecast, by technology

6.3. EUROPE

6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by vehicle type
6.3.3. Market size and forecast, by technology
6.3.4. Market analysis by country

6.3.4.1. UK

6.3.4.1.1. Market size and forecast
6.3.4.1.2. Market size and forecast, by vehicle type
6.3.4.1.3. Market size and forecast, by technology

6.3.4.2. France

6.3.4.2.1. Market size and forecast
6.3.4.2.2. Market size and forecast, by vehicle type
6.3.4.2.3. Market size and forecast, by technology

6.3.4.3. Germany

6.3.4.3.1. Market size and forecast
6.3.4.3.2. Market size and forecast, by vehicle type
6.3.4.3.3. Market size and forecast, by technology

6.3.4.4. Russia

6.3.4.4.1. Market size and forecast
6.3.4.4.2. Market size and forecast, by vehicle type
6.3.4.4.3. Market size and forecast, by technology

6.3.4.5. Rest of Europe

6.3.4.5.1. Market size and forecast
6.3.4.5.2. Market size and forecast, by vehicle type
6.3.4.5.3. Market size and forecast, by technology

6.4. ASIA-PACIFIC

6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by vehicle type
6.4.3. Market size and forecast, by technology
6.4.4. Market analysis by country

6.4.4.1. Japan

6.4.4.1.1. Market size and forecast
6.4.4.1.2. Market size and forecast, by vehicle type
6.4.4.1.3. Market size and forecast, by technology

6.4.4.2. South Korea

6.4.4.2.1. Market size and forecast
6.4.4.2.2. Market size and forecast, by vehicle type
6.4.4.2.3. Market size and forecast, by technology

6.4.4.3. India

6.4.4.3.1. Market size and forecast
6.4.4.3.2. Market size and forecast, by vehicle type
6.4.4.3.3. Market size and forecast, by technology

6.4.4.4. China

6.4.4.4.1. Market size and forecast
6.4.4.4.2. Market size and forecast, by vehicle type
6.4.4.4.3. Market size and forecast, by technology

6.4.4.5. Rest of Asia-Pacific

6.4.4.5.1. Market size and forecast
6.4.4.5.2. Market size and forecast, by vehicle type
6.4.4.5.3. Market size and forecast, by technology

6.5. LAMEA

6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by vehicle type
6.5.3. Market size and forecast, by technology
6.5.4. Market analysis by region

6.5.4.1. Latin America

6.5.4.1.1. Market size and forecast
6.5.4.1.2. Market size and forecast, by vehicle type
6.5.4.1.3. Market size and forecast, by technology

6.5.4.2. Middle East

6.5.4.2.1. Market size and forecast
6.5.4.2.2. Market size and forecast, by vehicle type
6.5.4.2.3. Market size and forecast, by technology

6.5.4.3. Africa

6.5.4.3.1. Market size and forecast
6.5.4.3.2. Market size and forecast, by vehicle type
6.5.4.3.3. Market size and forecast, by technology

CHAPTER 7: COMPANY PROFILES

7.1. AUDI AG

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Business performance
7.1.5. Key strategic moves and developments

7.2. BALLARD POWER SYSTEMS INC.

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Business performance
7.2.5. Key strategic moves and developments

7.3. BMW GROUP

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Business performance
7.3.5. Key strategic moves and developments

7.4. DAIMLER AG

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Business performance
7.4.5. Key strategic moves and developments

7.5. GENERAL MOTORS COMPANY

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Business performance
7.5.5. Key strategic moves and developments

7.6. HONDA MOTOR CO., LTD.

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Business performance
7.6.5. Key strategic moves and developments

7.7. HYUNDAI MOTOR GROUP

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Business performance
7.7.5. Key strategic moves and developments

7.8. MAN SE

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Business performance
7.8.5. Key strategic moves and developments

7.9. TOYOTA MOTOR CORPORATION

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Business performance
7.9.5. Key strategic moves and developments

7.10. VOLVO GROUP

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Business performance

LIST OF TABLES & FIGURES

 

TABLE 01. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 02. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR PASSENGER VEHICLE, BY REGION, 2018–2026 ($MILLION)
TABLE 03. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR COMMERCIAL VEHICLE, BY REGION, 2018–2026 ($MILLION)
TABLE 04. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 05. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR PROTON EXCHANGE MEMBRANE FUEL CELL, BY REGION, 2018–2026 ($MILLION)
TABLE 06. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR PHOSPHORIC ACID FUEL CELL, BY REGION, 2018–2026 ($MILLION)
TABLE 07. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR OTHERS, BY REGION, 2018–2026 ($MILLION)
TABLE 08. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY REGION, 2018–2026 ($MILLION)
TABLE 09. NORTH AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 10. NORTH AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 11. NORTH AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY COUNTRY, 2019–2026 ($MILLION)
TABLE 12. U.S. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 13. U.S. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 14. CANADA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 15. CANADA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 16. MEXICO HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 17. MEXICO HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 18. EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 19. EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 20. EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY COUNTRY, 2019–2026 ($MILLION)
TABLE 21. UK HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 22. UK HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 23. FRANCE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 24. FRANCE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 25. GERMANY HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 26. GERMANY HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 27. RUSSIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 28. RUSSIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 29. REST OF EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 30. REST OF EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 31. ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 32. ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 33. ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY COUNTRY 2018–2026 ($MILLION)
TABLE 34. JAPAN HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 35. JAPAN HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 36. SOUTH KOREA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 37. SOUTH KOREA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 38. INDIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 39. INDIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 40. CHINA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 41. CHINA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 42. REST OF ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 43. REST OF ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 44. LAMEA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 45. LAMEA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 46. LAMEA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY COUNTRY 2018–2026 ($MILLION)
TABLE 47. LATIN AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 48. LATIN AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 49. MIDDLE EAST HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 50. MIDDLE EAST HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 51. AFRICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 52. AFRICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 53. AUDI AG: COMPANY SNAPSHOT
TABLE 54. AUDI AG: OPERATING SEGMENTS
TABLE 55. BALLARD POWER SYSTEMS INC.: COMPANY SNAPSHOT
TABLE 56. BALLARD POWER SYSTEMS INC.: OPERATING SEGMENTS
TABLE 57. BMW GROUP: COMPANY SNAPSHOT
TABLE 58. BMW GROUP: OPERATING SEGMENTS
TABLE 59. DAIMLER AG: COMPANY SNAPSHOT
TABLE 60. DAIMLER AG: OPERATING SEGMENTS
TABLE 61. GENERAL MOTORS COMPANY: COMPANY SNAPSHOT
TABLE 62. GENERAL MOTORS COMPANY: OPERATING SEGMENTS
TABLE 63. HONDA MOTOR CO., LTD.: COMPANY SNAPSHOT
TABLE 64. HONDA MOTOR CO., LTD.: OPERATING SEGMENTS
TABLE 65. HYUNDAI MOTOR GROUP.: COMPANY SNAPSHOT
TABLE 66. HYUNDAI MOTOR GROUP.: OPERATING SEGMENTS
TABLE 67. MAN SE: COMPANY SNAPSHOT
TABLE 68. MAN SE : OPERATING SEGMENTS
TABLE 69. TOYOTA MOTOR CORPORATION: COMPANY SNAPSHOT
TABLE 70. TOYOTA MOTOR CORPORATION: OPERATING SEGMENTS
TABLE 71. VOLVO GROUP (VOLVO): COMPANY SNAPSHOT
TABLE 72. VOLVO GROUP (VOLVO): OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET SNAPSHOT, 2018–2026
FIGURE 03. HYDROGEN FUEL CELL VEHICLE MARKET, BY REGION, 2018–2026
FIGURE 04. TOP INVESTMENT POCKETS
FIGURE 05. TOP WINNING STRATEGIES, BY YEAR, 2016-2019
FIGURE 06. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016-2019(%)
FIGURE 07. TOP WINNING STRATEGIES, BY COMPANY, 2016-2019
FIGURE 08. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 09. MODERATE BARGAINING POWER OF BUYERS
FIGURE 10. MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11. MODERATE OF SUBSTITUTES
FIGURE 12. HIGH COMPETITIVE RIVALRY
FIGURE 13. MARKET SHARE ANALYSIS: HYDROGEN FUEL CELL VEHICLE MARKET, 2018
FIGURE 14. VALUE CHAIN ANALYSIS
FIGURE 15. MARKET EVOLUTION
FIGURE 16. INDUSTRY ROADMAP
FIGURE 17. PRICING ANALYSIS
FIGURE 18. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET, BY VEHICLE TYPE, 2018-2026
FIGURE 19. COMPARATIVE ANALYSIS OF PASSENGER VEHICLE MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 20. COMPARATIVE ANALYSIS OF COMMERCIAL VEHICLE MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 21. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET, BY TECHNOLOGY, 2018-2026
FIGURE 22. COMPARATIVE ANALYSIS OF PROTON EXCHANGE MEMBRANE FUEL CELL MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 23. COMPARATIVE ANALYSIS OF PHOSPHORIC ACID FUEL CELL MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 24. COMPARATIVE ANALYSIS OF OTHERS MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 25. HYDROGEN FUEL CELL VEHICLE MARKET, BY REGION, 2018-2026
FIGURE 26. NORTH AMERICA HYDROGEN FUEL CELL VEHICLE MARKET, BY COUNTRY, 2018-2026 ($MILLION)
FIGURE 27. U.S. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 28. CANADA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 29. MEXICO HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 30. EUROPE HYDROGEN FUEL CELL VEHICLE MARKET, BY COUNTRY, 2018-2026
FIGURE 31. UK HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 32. FRANCE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 33. GERMANY HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 34. RUSSIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 35. REST OF EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 36. ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET, BY COUNTRY, 2018-2026
FIGURE 37. JAPAN HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 38. SOUTH KOREA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 39. INDIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 40. CHINA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 41. REST OF ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 42. LAMEA HYDROGEN FUEL CELL VEHICLE MARKET, BY REGION, 2018-2026
FIGURE 43. LATIN AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 44. MIDDLE EAST HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 45. AFRICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 46. AUDI AG: REVENUE, 2016–2018 ($MILLION)
FIGURE 47. AUDI AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 48. AUDI AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 49. BALLARD POWER SYSTEMS INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 50. BALLARD POWER SYSTEMS INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 51. BALLARD POWER SYSTEMS INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 52. BMW GROUP: REVENUE, 2016–2018 ($MILLION)
FIGURE 53. BMW GROUP: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 54. BMW GROUP: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 55. DAIMLER AG: REVENUE, 2016–2018 ($MILLION)
FIGURE 56. DAIMLER AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 57. DAIMLER AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 58. GENERAL MOTORS COMPANY: REVENUE, 2016–2018 ($MILLION)
FIGURE 59. GENERAL MOTORS COMPANY: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 60. GENERAL MOTORS COMPANY: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 61. HONDA MOTOR CO., LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 62. HONDA MOTOR CO., LTD.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 63. HONDA MOTOR CO., LTD.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 64. HYUNDAI MOTOR GROUP: REVENUE, 2016–2018 ($MILLION)
FIGURE 65. HYUNDAI MOTOR GROUP: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 66. HYUNDAI MOTOR GROUP: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 67. MAN SE: REVENUE, 2016–2018 ($MILLION)
FIGURE 68. MAN SE: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 69. MAN SE: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 70. TOYOTA MOTOR CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 71. TOYOTA MOTOR CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 72. TOYOTA MOTOR CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 73. VOLVO GROUP (VOLVO): REVENUE, 2016–2018 ($MILLION)
FIGURE 74. VOLVO GROUP (VOLVO): REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 75. VOLVO GROUP (VOLVO): REVENUE SHARE BY REGION, 2018 (%)

Hydrogen Fuel Cell Vehicle Market - 2026

 

The hydrogen fuel cell vehicle market size was valued at USD 651.9 million in 2018, and is projected to reach at USD 42,038.9 million by 2026, growing at a CAGR of 66.9% from 2019 to 2026.

The key factors that impact the growth of the global market include surge in environmental concerns, increase in government initiatives for development of hydrogen fuel cell infrastructure, high initial investment in infrastructure, and technological advancement and future potential. Each of these factors is anticipated to have a definite impact on the hydrogen fuel cell vehicle market during the forecast period.

The major companies profiled in the hydrogen fuel cell vehicle market share include Honda, Toyota, Hyundai, Daimler, Audi, BMW, Volvo, Ballard Power Systems, General Motors, and MAN.

Hydrogen fuel cell generates electricity from hydrogen while the vehicle is running. It uses a hydrogen fuel cell to power its on-board electric motor. The vehicle does not create any greenhouse gas (GHG) emissions during vehicle operation unlike diesel-powered and gasoline vehicles. Moreover, extensive support from government to propel hydrogen fuel cell infrastructure provides ample of growth opportunity.
 
Rise in environmental concern and government initiatives to propel hydrogen fuel cell infrastructure drive the market growth. Furthermore, tax rebates and developments in aggressive hydrogen refueling stations (HRS) fuels the market growth. However, initial large investment in infrastructure is expected to restrain the market growth.
 
The report segments the hydrogen fuel cell vehicle market based on vehicle type, technology, and region. Based on vehicle type, the market is bifurcated into passenger and commercial vehicle. According to technology, the market is classified into proton exchange membrane fuel cell, phosphoric acid fuel cells, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

 

Top Impacting Factors

Increase in environmental concern

Owing to rise in concerns of environment degradation and depletion of natural resources, various technologies are being launched in the market that support the eco-friendly concept to sustain the environment. Moreover, increase in awareness toward the consequences of air pollution and rise in levels of traffic & greenhouse gas emission drive the adoption of hydrogen fuel cell vehicles, as it is eco-friendly than other conventional vehicles.  

Government initiatives for development of hydrogen fuel cell infrastructure

Several policies have been deployed by the different governments to cater with environment conditions. For instance, the state of California in the U.S. committed funds for the development of 100 hydrogen refueling stations to meet its target of 1.5 million zero-emission vehicles by 2025 which is driving the growth of the hydrogen fuel cell vehicle market. 

Increase in demand for fuel-efficient, high-performance, and low-emission vehicles

Gasoline being a fossil fuel is not a renewable source of energy and is expected to exhaust in the future. It is important to develop and use alternative sources of fuel to support sustainable development. This involves use of hydrogen fuel cell vehicles, electric vehicles, which do not use gasoline and are economical when compared with conventional vehicles. For instance, an electric vehicle converts over 50% of the electrical energy from the grid to power at the wheels, whereas the gas-powered vehicle only manages to convert about 17%–21% of the energy stored in gasoline. 

The hydrogen fuel cell vehicles are more efficient over IC engine vehicles and hybrid vehicles and has efficiency of 60-70% over the other two. The demand for fuel-efficient vehicles has increased recently owing to rise in price of petrol and diesel. This has also resulted due to depleting fossil fuel reserves and growth in tendency of companies to gain maximum profit from these oil reserves. Thus, these factors boost the need for advanced fuel-efficient technologies, leading to surge in demand for hydrogen fuel cell vehicles for travel.

High initial investment in infrastructure

Hydrogen fuel cell technology offers powertrains that do not emit tailpipe greenhouse gases and other harmful pollutants such as nitrogen oxides and particulate matter. This feature helps to attract vendors towards use of this technology. However, high cost of raw materials such as platinum in the fuel cell anode and carbon fiber to produce the hydrogen fuel tanks and others required to develop hydrogen infrastructure is expected to hamper the hydrogen fuel cell vehicle market growth.

Rapid R&D to propel the adoption of hydrogen fuels

The world has been aware of hydrogen fuel cells and its advantages in the automobile industry. However, the process to split water molecules into oxygen and hydrogen is expensive, which hampers the adoption of hydrogen fuel cell vehicles. 

Scientists have been working relentlessly to formulate an inexpensive method to create hydrogen energy. According to a research paper published in Nature Communications, the scientists at Swinburne University of Technology and Griffith University successfully captured hydrogen by splitting it from water molecules using inexpensive metals such as iron and nickel as catalysts. The use of these metals boosts the chemical process while minimizing the energy required for it.  

Prior to this, precious metals such as ruthenium, iridium, and platinum were used as catalysts in this process. However, iron and nickel, the commonly found metals on Earth, can easily replace the benchmark catalysts. The research offered an affordable way to develop hydrogen fuel cells.  

Big plans regarding hydrogen fuel cells in the future

The pioneer in the automobile industry, Toyota has unveiled big plans regarding futuristic city powered by hydrogen fuel cells. The company stated the city would be located at the foot of Mount Fuji in Japan and employee and their families along with researchers and scientists would be the residents of the city. 

The city is named Woven City and would flaunt a connected ecosystem. In addition, Toyota is partnering with Paccar Inc. to develop around 10 Class 8 fuel cell trucks to use in Southern California. The partnership is expected to use up to 100 hydrogen fuel cell-powered buses to transport visitors during the 2020 Olympics in Tokyo. 

That being said, the demand for hydrogen fuel cell vehicles is expected to gain momentum. In addition, the increase in innovations to decrease the cost of manufacturing is bound to create new opportunities in the future, which would define a new era of transportation. 

 
 

KEY BENEFITS FOR STAKEHOLDERS

  • This study comprises analytical depiction of the hydrogen fuel cell vehicle market trends with current trends and future estimations to depict the imminent investment pockets.
  • The overall potential is determined to understand the profitable trends to gain a stronger foothold.
  • The hydrogen fuel cell vehicle market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current growth and forecast is quantitatively analyzed from 2018 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
  • The study also comprises the hydrogen fuel cell vehicle market opportunity which help key players in decision making.

 

Hydrogen Fuel Cell Vehicle Market Key Segments:

By Vehicle Type
  • Passenger Vehicle
  • Commercial Vehicle
By Technology
  • Proton Membrane Exchange
  • Phosphoric Acid Fuel Cell
  • Others
By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Hydrogen Fuel Cell Vehicle Market Key Players:

  • Honda
  • Toyota
  • Hyundai
  • Daimler
  • Audi
  • BMW
  • Volvo
  • Ballard Power Systems
  • General Motors
  • MAN
Read More

TABLE OF CONTENT

 

CHAPTER 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. RESEARCH METHODOLOGY

1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings of the study
2.2. CXO PERSPECTIVE

CHAPTER 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS, 2018
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increase in environmental concern
3.5.1.2. Government initiatives for development of hydrogen fuel cell infrastructure

3.5.2. Restraint

3.5.2.1. High initial investment in infrastructure

3.5.3. Opportunity

3.5.3.1. Technological advancement and future potential in hydrogen fuel cell vehicle market

3.6. KEY DYNAMICS

3.6.1. Value chain analysis
3.6.2. Market evolution
3.6.3. Industry roadmap
3.6.4. Pricing analysis
3.6.5. Race analysis

CHAPTER 4: HYDROGEN FUEL CELL VEHICLE MARKET, BY VEHICLE TYPE

4.1. OVERVIEW
4.2. PASSENGER VEHICLE

4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country

4.3. COMMERCIAL VEHICLE

4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country

CHAPTER 5: HYDROGEN FUEL CELL VEHICLE MARKET, BY TECHNOLOGY

5.1. OVERVIEW
5.2. PROTON EXCHANGE MEMBRANE FUEL CELL

5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country

5.3. PHOSPHORIC ACID FUEL CELL

5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country

5.4. OTHERS

5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country

CHAPTER 6: HYDROGEN FUEL CELL VEHICLE MARKET, BY REGION

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by vehicle type
6.2.3. Market size and forecast, by technology
6.2.4. Market analysis by country

6.2.4.1. U.S.

6.2.4.1.1. Market size and forecast
6.2.4.1.2. Market size and forecast, by vehicle type
6.2.4.1.3. Market size and forecast, by technology

6.2.4.2. Canada

6.2.4.2.1. Market size and forecast
6.2.4.2.2. Market size and forecast, by vehicle type
6.2.4.2.3. Market size and forecast, by technology

6.2.4.3. Mexico

6.2.4.3.1. Market size and forecast
6.2.4.3.2. Market size and forecast, by vehicle type
6.2.4.3.3. Market size and forecast, by technology

6.3. EUROPE

6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by vehicle type
6.3.3. Market size and forecast, by technology
6.3.4. Market analysis by country

6.3.4.1. UK

6.3.4.1.1. Market size and forecast
6.3.4.1.2. Market size and forecast, by vehicle type
6.3.4.1.3. Market size and forecast, by technology

6.3.4.2. France

6.3.4.2.1. Market size and forecast
6.3.4.2.2. Market size and forecast, by vehicle type
6.3.4.2.3. Market size and forecast, by technology

6.3.4.3. Germany

6.3.4.3.1. Market size and forecast
6.3.4.3.2. Market size and forecast, by vehicle type
6.3.4.3.3. Market size and forecast, by technology

6.3.4.4. Russia

6.3.4.4.1. Market size and forecast
6.3.4.4.2. Market size and forecast, by vehicle type
6.3.4.4.3. Market size and forecast, by technology

6.3.4.5. Rest of Europe

6.3.4.5.1. Market size and forecast
6.3.4.5.2. Market size and forecast, by vehicle type
6.3.4.5.3. Market size and forecast, by technology

6.4. ASIA-PACIFIC

6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by vehicle type
6.4.3. Market size and forecast, by technology
6.4.4. Market analysis by country

6.4.4.1. Japan

6.4.4.1.1. Market size and forecast
6.4.4.1.2. Market size and forecast, by vehicle type
6.4.4.1.3. Market size and forecast, by technology

6.4.4.2. South Korea

6.4.4.2.1. Market size and forecast
6.4.4.2.2. Market size and forecast, by vehicle type
6.4.4.2.3. Market size and forecast, by technology

6.4.4.3. India

6.4.4.3.1. Market size and forecast
6.4.4.3.2. Market size and forecast, by vehicle type
6.4.4.3.3. Market size and forecast, by technology

6.4.4.4. China

6.4.4.4.1. Market size and forecast
6.4.4.4.2. Market size and forecast, by vehicle type
6.4.4.4.3. Market size and forecast, by technology

6.4.4.5. Rest of Asia-Pacific

6.4.4.5.1. Market size and forecast
6.4.4.5.2. Market size and forecast, by vehicle type
6.4.4.5.3. Market size and forecast, by technology

6.5. LAMEA

6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by vehicle type
6.5.3. Market size and forecast, by technology
6.5.4. Market analysis by region

6.5.4.1. Latin America

6.5.4.1.1. Market size and forecast
6.5.4.1.2. Market size and forecast, by vehicle type
6.5.4.1.3. Market size and forecast, by technology

6.5.4.2. Middle East

6.5.4.2.1. Market size and forecast
6.5.4.2.2. Market size and forecast, by vehicle type
6.5.4.2.3. Market size and forecast, by technology

6.5.4.3. Africa

6.5.4.3.1. Market size and forecast
6.5.4.3.2. Market size and forecast, by vehicle type
6.5.4.3.3. Market size and forecast, by technology

CHAPTER 7: COMPANY PROFILES

7.1. AUDI AG

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Business performance
7.1.5. Key strategic moves and developments

7.2. BALLARD POWER SYSTEMS INC.

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Business performance
7.2.5. Key strategic moves and developments

7.3. BMW GROUP

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Business performance
7.3.5. Key strategic moves and developments

7.4. DAIMLER AG

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Business performance
7.4.5. Key strategic moves and developments

7.5. GENERAL MOTORS COMPANY

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Business performance
7.5.5. Key strategic moves and developments

7.6. HONDA MOTOR CO., LTD.

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Business performance
7.6.5. Key strategic moves and developments

7.7. HYUNDAI MOTOR GROUP

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Business performance
7.7.5. Key strategic moves and developments

7.8. MAN SE

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Business performance
7.8.5. Key strategic moves and developments

7.9. TOYOTA MOTOR CORPORATION

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Business performance
7.9.5. Key strategic moves and developments

7.10. VOLVO GROUP

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Business performance

Read More

LIST OF TABLES & FIGURES

 

TABLE 01. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 02. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR PASSENGER VEHICLE, BY REGION, 2018–2026 ($MILLION)
TABLE 03. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR COMMERCIAL VEHICLE, BY REGION, 2018–2026 ($MILLION)
TABLE 04. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 05. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR PROTON EXCHANGE MEMBRANE FUEL CELL, BY REGION, 2018–2026 ($MILLION)
TABLE 06. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR PHOSPHORIC ACID FUEL CELL, BY REGION, 2018–2026 ($MILLION)
TABLE 07. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR OTHERS, BY REGION, 2018–2026 ($MILLION)
TABLE 08. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY REGION, 2018–2026 ($MILLION)
TABLE 09. NORTH AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 10. NORTH AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 11. NORTH AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY COUNTRY, 2019–2026 ($MILLION)
TABLE 12. U.S. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 13. U.S. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 14. CANADA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 15. CANADA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 16. MEXICO HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 17. MEXICO HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 18. EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 19. EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 20. EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY COUNTRY, 2019–2026 ($MILLION)
TABLE 21. UK HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 22. UK HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 23. FRANCE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 24. FRANCE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 25. GERMANY HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 26. GERMANY HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 27. RUSSIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 28. RUSSIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 29. REST OF EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 30. REST OF EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 31. ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 32. ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 33. ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY COUNTRY 2018–2026 ($MILLION)
TABLE 34. JAPAN HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 35. JAPAN HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 36. SOUTH KOREA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 37. SOUTH KOREA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 38. INDIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 39. INDIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 40. CHINA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 41. CHINA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 42. REST OF ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 43. REST OF ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 44. LAMEA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 45. LAMEA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE FOR TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 46. LAMEA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY COUNTRY 2018–2026 ($MILLION)
TABLE 47. LATIN AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 48. LATIN AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 49. MIDDLE EAST HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 50. MIDDLE EAST HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 51. AFRICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 52. AFRICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 53. AUDI AG: COMPANY SNAPSHOT
TABLE 54. AUDI AG: OPERATING SEGMENTS
TABLE 55. BALLARD POWER SYSTEMS INC.: COMPANY SNAPSHOT
TABLE 56. BALLARD POWER SYSTEMS INC.: OPERATING SEGMENTS
TABLE 57. BMW GROUP: COMPANY SNAPSHOT
TABLE 58. BMW GROUP: OPERATING SEGMENTS
TABLE 59. DAIMLER AG: COMPANY SNAPSHOT
TABLE 60. DAIMLER AG: OPERATING SEGMENTS
TABLE 61. GENERAL MOTORS COMPANY: COMPANY SNAPSHOT
TABLE 62. GENERAL MOTORS COMPANY: OPERATING SEGMENTS
TABLE 63. HONDA MOTOR CO., LTD.: COMPANY SNAPSHOT
TABLE 64. HONDA MOTOR CO., LTD.: OPERATING SEGMENTS
TABLE 65. HYUNDAI MOTOR GROUP.: COMPANY SNAPSHOT
TABLE 66. HYUNDAI MOTOR GROUP.: OPERATING SEGMENTS
TABLE 67. MAN SE: COMPANY SNAPSHOT
TABLE 68. MAN SE : OPERATING SEGMENTS
TABLE 69. TOYOTA MOTOR CORPORATION: COMPANY SNAPSHOT
TABLE 70. TOYOTA MOTOR CORPORATION: OPERATING SEGMENTS
TABLE 71. VOLVO GROUP (VOLVO): COMPANY SNAPSHOT
TABLE 72. VOLVO GROUP (VOLVO): OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET SNAPSHOT, 2018–2026
FIGURE 03. HYDROGEN FUEL CELL VEHICLE MARKET, BY REGION, 2018–2026
FIGURE 04. TOP INVESTMENT POCKETS
FIGURE 05. TOP WINNING STRATEGIES, BY YEAR, 2016-2019
FIGURE 06. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016-2019(%)
FIGURE 07. TOP WINNING STRATEGIES, BY COMPANY, 2016-2019
FIGURE 08. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 09. MODERATE BARGAINING POWER OF BUYERS
FIGURE 10. MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11. MODERATE OF SUBSTITUTES
FIGURE 12. HIGH COMPETITIVE RIVALRY
FIGURE 13. MARKET SHARE ANALYSIS: HYDROGEN FUEL CELL VEHICLE MARKET, 2018
FIGURE 14. VALUE CHAIN ANALYSIS
FIGURE 15. MARKET EVOLUTION
FIGURE 16. INDUSTRY ROADMAP
FIGURE 17. PRICING ANALYSIS
FIGURE 18. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET, BY VEHICLE TYPE, 2018-2026
FIGURE 19. COMPARATIVE ANALYSIS OF PASSENGER VEHICLE MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 20. COMPARATIVE ANALYSIS OF COMMERCIAL VEHICLE MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 21. GLOBAL HYDROGEN FUEL CELL VEHICLE MARKET, BY TECHNOLOGY, 2018-2026
FIGURE 22. COMPARATIVE ANALYSIS OF PROTON EXCHANGE MEMBRANE FUEL CELL MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 23. COMPARATIVE ANALYSIS OF PHOSPHORIC ACID FUEL CELL MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 24. COMPARATIVE ANALYSIS OF OTHERS MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 25. HYDROGEN FUEL CELL VEHICLE MARKET, BY REGION, 2018-2026
FIGURE 26. NORTH AMERICA HYDROGEN FUEL CELL VEHICLE MARKET, BY COUNTRY, 2018-2026 ($MILLION)
FIGURE 27. U.S. HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 28. CANADA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 29. MEXICO HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 30. EUROPE HYDROGEN FUEL CELL VEHICLE MARKET, BY COUNTRY, 2018-2026
FIGURE 31. UK HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 32. FRANCE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 33. GERMANY HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 34. RUSSIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 35. REST OF EUROPE HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 36. ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET, BY COUNTRY, 2018-2026
FIGURE 37. JAPAN HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 38. SOUTH KOREA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 39. INDIA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 40. CHINA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 41. REST OF ASIA-PACIFIC HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 42. LAMEA HYDROGEN FUEL CELL VEHICLE MARKET, BY REGION, 2018-2026
FIGURE 43. LATIN AMERICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 44. MIDDLE EAST HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 45. AFRICA HYDROGEN FUEL CELL VEHICLE MARKET REVENUE, 2018-2026 ($MILLION)
FIGURE 46. AUDI AG: REVENUE, 2016–2018 ($MILLION)
FIGURE 47. AUDI AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 48. AUDI AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 49. BALLARD POWER SYSTEMS INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 50. BALLARD POWER SYSTEMS INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 51. BALLARD POWER SYSTEMS INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 52. BMW GROUP: REVENUE, 2016–2018 ($MILLION)
FIGURE 53. BMW GROUP: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 54. BMW GROUP: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 55. DAIMLER AG: REVENUE, 2016–2018 ($MILLION)
FIGURE 56. DAIMLER AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 57. DAIMLER AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 58. GENERAL MOTORS COMPANY: REVENUE, 2016–2018 ($MILLION)
FIGURE 59. GENERAL MOTORS COMPANY: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 60. GENERAL MOTORS COMPANY: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 61. HONDA MOTOR CO., LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 62. HONDA MOTOR CO., LTD.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 63. HONDA MOTOR CO., LTD.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 64. HYUNDAI MOTOR GROUP: REVENUE, 2016–2018 ($MILLION)
FIGURE 65. HYUNDAI MOTOR GROUP: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 66. HYUNDAI MOTOR GROUP: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 67. MAN SE: REVENUE, 2016–2018 ($MILLION)
FIGURE 68. MAN SE: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 69. MAN SE: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 70. TOYOTA MOTOR CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 71. TOYOTA MOTOR CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 72. TOYOTA MOTOR CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 73. VOLVO GROUP (VOLVO): REVENUE, 2016–2018 ($MILLION)
FIGURE 74. VOLVO GROUP (VOLVO): REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 75. VOLVO GROUP (VOLVO): REVENUE SHARE BY REGION, 2018 (%)

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