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.
Scope of the Report: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 worldwide market for Hydrogen Vehicle is expected to grow at a CAGR of roughly 45.0% over the next five years, will reach 5430 million US$ in 2026, from 580 million US$ in 2020, according to a new Our study.
This report focuses on the Hydrogen Vehicle in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers Toyota
Hyundai
Honda
Foton
SAIC
FeiChi Bus
Dongfeng
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Passenger Vehicle
Commercial Vehicle
Market Segment by Applications, can be divided into Commercial Use
Home Use
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Hydrogen Vehicle product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Hydrogen Vehicle, with price, sales, revenue and global market share of Hydrogen Vehicle in 2018 and 2019.
Chapter 3, the Hydrogen Vehicle competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydrogen Vehicle breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Hydrogen Vehicle market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Hydrogen Vehicle sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
