Global Fuel Cell Electric Vehicles Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Fuel Cell Electric Vehicles Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Fuel Cell Electric Vehicles or Fuel Cell Vehicles is a type of vehicle which uses a fuel cell to power its on-board electric motor. Fuel cells in vehicles create electricity to power an electric motor, generally using oxygen from the air and compressed hydrogen. They are more efficient than conventional internal combustion engine vehicles and produce no harmful tailpipe exhaust—they emit water vapor and warm air.

According to our (Global Info Research) latest study, the global Fuel Cell Electric Vehicles market size was valued at US$ 1992 million in 2023 and is forecast to a readjusted size of USD 15330 million by 2030 with a CAGR of 34.2% during review period.

Global fuel cell electric vehicles key players include Honda, Hyundai, Toyota Mirai, etc. Global top 2 manufacturers hold a share over 70%.

Asia-Pacific is the largest market, with a share over 75%, followed by North America, both have a share over 15 percent.

In terms of application, the largest application is for sales, with a share over 90%, followed by for public lease.

This report is a detailed and comprehensive analysis for global Fuel Cell Electric Vehicles market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Fuel Cell Electric Vehicles market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030

Global Fuel Cell Electric Vehicles market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030

Global Fuel Cell Electric Vehicles market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030

Global Fuel Cell Electric Vehicles market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Fuel Cell Electric Vehicles

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Fuel Cell Electric Vehicles market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hyundai, Toyota, Foton, Nanjing Golden Dragon, Yutong, Feichi Bus, Zhongtong Bus, Hyzon Motors, Xiamen Golden Dragon, Yunnan Wulong, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Fuel Cell Electric Vehicles market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Passenger Vehicles
Commercial Vehicles

Market segment by Application
For Sales
For Public Lease

Major players covered
Hyundai
Toyota
Foton
Nanjing Golden Dragon
Yutong
Feichi Bus
Zhongtong Bus
Hyzon Motors
Xiamen Golden Dragon
Yunnan Wulong
Honda

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Fuel Cell Electric Vehicles product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Fuel Cell Electric Vehicles, with price, sales quantity, revenue, and global market share of Fuel Cell Electric Vehicles from 2019 to 2024.

Chapter 3, the Fuel Cell Electric Vehicles competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Fuel Cell Electric Vehicles breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Fuel Cell Electric Vehicles market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Fuel Cell Electric Vehicles.

Chapter 14 and 15, to describe Fuel Cell Electric Vehicles sales channel, distributors, customers, research findings and conclusion.