The Business Research Company’s Fuel Cell Vehicle Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Fuel Cell Vehicle Global Market Report 2023 evaluates fuel cell vehicle market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global fuel cell vehicle market size is expected to grow from $0.94 billion in 2022 to $1.44 billion in 2023 at a compound annual growth rate (CAGR) of 52.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global fuel cell vehicle market size is expected to reach $7.24 billion in 2027 at a CAGR of 49.6%.
The fuel cell vehicle market segments in the report are:
Fuel Cell Vehicle Market By Vehicle Type:
Passenger Vehicle
Commercial Vehicle
Fuel Cell Vehicle Market By Technology:
Proton Exchange Membrane Fuel Cells (PEMFC)
Solid Oxide Fuel Cells (SOFC)
Direct Methanol Fuel Cells (DMFC)
Phosphoric Acid Fuel Cells (PAFC)
Molten Carbonate Fuel Cells (MCFC)
Fuel Cell Vehicle Market By End-User:
Private
Commercial
Top Major Players:
Toyota Motor Corporation
Honda Motor Co.Ltd.
Hyundai Motor Company
Volvo AB
General Motors
North America was the largest region in the fuel cell vehicle market in 2022.
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The table of contents in TBRC’s fuel cell vehicle market report includes:
1. Executive Summary
2. Fuel Cell Vehicle Market Characteristics
3. Fuel Cell Vehicle Market Trends And Strategies
4. Fuel Cell Vehicle Market – Macro Economic Scenario
5. Fuel Cell Vehicle Market Size And Growth
……..
26. Africa Fuel Cell Vehicle Market
27. Fuel Cell Vehicle Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fuel Cell Vehicle Market
29. Fuel Cell Vehicle Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Fuel Cell Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Fuel Cell Vehicle Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Fuel Cell Vehicle Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
……..
Table 46: Toyota Motor Corporation Financial Performance
Table 47: Honda Motor Co., Ltd. Financial Performance
Table 48: Hyundai Motor Company Financial Performance
Table 49: Volvo AB Financial Performance
Table 50: General Motors Financial Performance
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