Hydrogen Vehicle use hydrogen gas to power an electric motor. Unlike conventional vehicles which run on gasoline or diesel, fuel cell cars and trucks combine hydrogen and oxygen to produce electricity, which runs a motor.
In the last several years, global market of Hydrogen Vehicle developed rapidly, with an average After several months of survey and research, research group obtains the following conclusions:
In the last several years, global market of Hydrogen Vehicle developed rapidly, with an average growth rate of 95%. As an important role in automotive market, the development of Hydrogen Vehicle have a close relationship with the development of technology.
The global average price of Hydrogen Vehicle is in the decreasing trend, from 218 K USD/Unit in 2014 to 182 K USD/Unit in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.
United States and Europe account for 50% and 10% market share in 2016 respectively. As developed region, the growth rate of Hydrogen Vehicle are as high as less than 40%. On the other hand, the development speed of Hydrogen Vehicle in China and other Asian countries is relatively high. Besides, China also have larger consumption market with market share of 7%. The production region is mainly concentrated in Japan, Korea and China.
Market Concentration Rate is very high though the top 7 manufacturers occupies nearly 98% market share in 2017. There are still some of manufacturers participated in this market.
The report offers detailed coverage of Hydrogen Vehicle industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Hydrogen Vehicle by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Hydrogen Vehicle market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Hydrogen Vehicle market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Toyota
Hyundai
Honda
Foton
SAIC
FeiChi Bus
Dongfeng
At the same time, we classify Hydrogen Vehicle according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Passenger Vehicle
Commercial Vehicle
Market by Application
Commercial Use
Home Use
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Hydrogen Vehicle market for the forecast period 2021 - 2025?
• What are the driving forces in the Hydrogen Vehicle market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Hydrogen Vehicle industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?