Automotive Fuel Cell Market Intelligence Report - Global Forecast to 2027

Automotive Fuel Cell Market Intelligence Report - Global Forecast to 2027

The Global Automotive Fuel Cell Market is projected to reach USD 1,621.77 million by 2027 from USD 744.49 million in 2021, at a CAGR 13.85% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Automotive Fuel Cell Market size was estimated at USD 274.45 million in 2021 and expected to reach USD 304.24 million in 2022, at a CAGR 13.54% to reach USD 588.13 million by 2027.
• The Asia-Pacific Automotive Fuel Cell Market size was estimated at USD 214.63 million in 2021 and expected to reach USD 241.35 million in 2022, at a CAGR 14.11% to reach USD 474.10 million by 2027.
• The Europe, Middle East & Africa Automotive Fuel Cell Market size was estimated at USD 255.39 million in 2021 and expected to reach USD 286.07 million in 2022, at a CAGR 13.96% to reach USD 559.53 million by 2027.

Market Segmentation & Coverage:

The report on automotive fuel cell identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the automotive fuel cell to forecast the revenues and analyze the trends in each of the following sub-markets:

Component:

• Fuel Processor
• Fuel Stack
• Power Conditioner

Output:

• 100-200 KW
• <100 KW
• >200 KW

Technology:

• Alkaline Fuel Cells
• Direct Methanol Fuel Cells
• Molten Carbonate Fuel Cells
• Phosphoric Acid Fuel Cells
• Proton-Exchange Membrane Fuel Cells
• Solid Oxide Fuel Cells

Vehicle Type:

• Agricultural Vehicles
• Buses & Coaches
• Forklift, Port Vehicle, & Internal Container Handling Vehicle
• Heavy & Special Duty Truck
• Light Electric Vehicle
• Medium & Heavy Duty Vehicle
• Passenger Cars

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• Air Liquide S.A.
• Arcola Energy Limited
• Ballard Power Systems
• Ceres Power Holdings PLC
• Daimler AG
• Doosan Corporation
• Elcogen AS
• FuelCell Energy, Inc.
• Hyundai Motor Company
• ITM Power PLC
• Nedstack Fuel Cell Technology B.V.
• Nikola Motor Company
• Nuvera Fuel Cells, LLC
• Oorja Fuel Cell
• Plug Power, Inc.
• PowerCell Sweden AB
• Proton Motor Fuel Cell GmbH
• Riversimple
• SAIC Motor Corporation Limited
• Shanghai Shen-li High Tech Co.,Ltd.
• SOLIDpower GmbH
• Swiss Hydrogen SA
• Toshiba Corporation
• Toyota Motor Corporation
• Umicore N.V.
• WATT Fuel Cell Corporation