Asia-Pacific Fuel Cell Vehicles - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2016 - 2029
The Asia-Pacific Fuel Cell Vehicles Market size is estimated at USD 1.65 billion in 2024, and is expected to reach USD 7.93 billion by 2029, growing at a CAGR of 36.89% during the forecast period (2024-2029).
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.
APAC Fuel Cell Vehicles Industry Overview
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
- 1 EXECUTIVE SUMMARY & KEY FINDINGS
- 2 REPORT OFFERS
- 3 INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
- 4 KEY INDUSTRY TRENDS
- 4.1 Population
- 4.2 GDP
- 4.3 CVP
- 4.4 Inflation Rate
- 4.5 Interest Rate For Auto Loans
- 4.6 Battery Price (per Kwh)
- 4.7 Logistics Performance Index
- 4.8 Electrification Impact
- 4.9 New XEV Models Announced
- 4.10 Charging Stations Deployment
- 4.11 Regulatory Framework
- 4.12 Value Chain & Distribution Channel Analysis
- 5 MARKET SEGMENTATION
- 5.1 Vehicle Type
- 5.1.1 Commercial Vehicles
- 5.1.1.1 Buses
- 5.1.1.2 Heavy-duty Commercial Trucks
- 5.1.1.3 Light Commercial Pick-up Trucks
- 5.1.1.4 Light Commercial Vans
- 5.1.1.5 Medium-duty Commercial Trucks
- 5.1.2 Passenger Vehicles
- 5.2 Country
- 5.2.1 Australia
- 5.2.2 China
- 5.2.3 India
- 5.2.4 Indonesia
- 5.2.5 Japan
- 5.2.6 Malaysia
- 5.2.7 South Korea
- 5.2.8 Thailand
- 5.2.9 Rest-of-APAC
- 6 COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
- 6.4 Company Profiles
- 6.4.1 BYD Co. Ltd
- 6.4.2 Daihatsu Motor Co., Ltd.
- 6.4.3 Dongfeng Motor Corporation
- 6.4.4 Ford Motor Company
- 6.4.5 Honda Motor Company, Ltd.
- 6.4.6 Hyundai Motor Company
- 6.4.7 Isuzu Motors Ltd.
- 6.4.8 Toyota Motor Corporation
- 7 KEY STRATEGIC QUESTIONS FOR VEHICLES CEOS
- 8 APPENDIX
- 8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter's Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
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