Asia-Pacific Fuel Cell Vehicles Market - Size, Share, COVID-19 Impact & Forecasts up to 2028

Asia-Pacific Fuel Cell Vehicles Market - Size, Share, COVID-19 Impact & Forecasts up to 2028

The Asia-Pacific Fuel Cell Vehicles Market is projected to register a CAGR of 33.89%

Key Highlights

• Fastest-growing by country - Japan : Japan is one of the major players in the APAC FCEV electric vehicle industry due to its significant production capacity and customer demand for electric vehicles.
• Largest Segment by Country - South Korea : The adoption of e mobility and stringent norms and developments by various auto companies are fueling the growth of fuel-cell electric cars in South Korea.
• Largest Segment by Vehicle Type - Commercial Vehicles : Due to the growing demand for passenger vehicles and the scarcity of alternative electric vehicle types in the region, the passenger vehicle segment accounts for the majority of EV sales.

Competitive Landscape

The Asia-Pacific Fuel Cell Vehicles Market is fragmented, with the top five companies occupying 16.47%. The major players in this market are Daihatsu Motor Co., Ltd., Honda Motor Company, Ltd., Hyundai Motor Company, Isuzu Motors Ltd. and Toyota Motor Corporation (sorted alphabetically).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

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