$16.2 Billion Fuel Cell Electric Vehicles Market - Global Outlook Report 2017-2026 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 19, 2018--The “Fuel Cell Electric Vehicles - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
The Fuel Cell Electric Vehicles market accounted for $1,124.56 million in 2017 and is expected to reach $16,248.23 million by 2026 growing at a CAGR of 34.5%.
Several government initiatives to encourage usage of zero emission automobiles for improving their quality, substantial number of e-bikes, increasing R&D activities and ongoing technological improvements are some factors fuelling the market growth. However, large cost required to establish the system can hamper market growth.
A fuel cell vehicle (FCV) is a type of electric vehicle which uses a fuel cell, instead of a battery to power its on-board electric motor. It generates electricity to power the motor, by using oxygen from the air and compressed hydrogen. They are classified as zero-emissions vehicles that emit only water and heat.
Based on vehicle, positive crankcase ventilation (PCV) segment is anticipated to grow at a steady rate due to rise in manufacturing of these automobiles across the globe and increasing government investments. By geography, Asia Pacific is likely to dominate the market in terms of volume due to growing access of zero emission automobiles and high revenue generation in the region.
Some of the key players in the Fuel Cell Electric Vehicles market include Volkswagen, Ford, Honda, Toyota, Daimler, General Motors, Hyundai, Nissan, Suzuki, Electricore, Mercedes, Benz, Mitsubhishi and Tata Motors.
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
4 Porter’s Five Force Analysis
5 Global Fuel Cell Electric Vehicles Market, By Vehicle
5.2 Light Commercial Vehicle (LCV)
5.4 Heavy Commercial Vehicle (HCV)
5.6 Positive Crankcase Ventilation (PCV)
6 Global Fuel Cell Electric Vehicles Market, By Distance
7 Global Fuel Cell Electric Vehicles Market, By Geography
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.5 Other Key Strategies
9 Company ProfilingVolkswagen Ford Honda Toyota Daimler General Motors Hyundai Nissan Suzuki Electricore Mercedes-Benz Mitsubhishi Tata Motors
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Related Topics:Fuel Cells,Electric and Hybrid Vehicles
INDUSTRY KEYWORD: ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/19/2018 03:51 PM/DISC: 11/19/2018 03:51 PM