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Global Automotive Fuel Cells Market Growth 2019-2024


Summary

A fuel cell is a device that generates electricity by a chemical reaction. Automotive fuel cells create electricity to power an electric motor, generally using oxygen from the air and compressed hydrogen. They are more efficient than conventional internal combustion engine vehicles and produce no harmful tailpipe exhaust—they emit water vapor and warm air.
With increasing emission levels, the governments across the globe are focusing on promoting the adoption emission-free vehicles. Several countries around the world including the US and Germany are providing various incentives for fuel cell vehicle buyers. For instance, fuel cell vehicle buyers in Germany receive an incentive of about USD 4,450. Similarly, Japan also provides a purchase subsidy of about USD 19,740 for fuel cell vehicles. Additionally, countries such as China, Japan, South Korea, and the US are also focusing on developing hydrogen infrastructure. Such initiatives will increase the popularity and adoption of fuel cell vehicles, which will subsequently drive the growth of the fuel cells market for the automotive industry.
The leading manufactures mainly are Toyota, Honda, Hyundai, Ballard and Nedstack. Toyota is the largest manufacturer; its revenue of global market exceeds 78% in 2016, which main due to large sales of its fuel cell vehicle.

According to this study, over the next five years the Automotive Fuel Cells market will register a 15.8% CAGR in terms of revenue, the global market size will reach US$ 750 million by 2024, from US$ 310 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Fuel Cells business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Fuel Cells market by product type, application, key manufacturers and key regions and countries.

This study considers the Automotive Fuel Cells value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hydrogen Fuel Cell
Other Fuel Cell
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicle
Commercial Vehicle

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Toyota
Honda
Hyundai
Ballard
Nedstack
...

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Automotive Fuel Cells consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Fuel Cells market by identifying its various subsegments.
Focuses on the key global Automotive Fuel Cells manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Fuel Cells with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Fuel Cells submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

Table of Contents

2019-2024 Global Automotive Fuel Cells Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automotive Fuel Cells Consumption 2014-2024
2.1.2 Automotive Fuel Cells Consumption CAGR by Region
2.2 Automotive Fuel Cells Segment by Type
2.2.1 Hydrogen Fuel Cell
2.2.2 Other Fuel Cell
2.3 Automotive Fuel Cells Consumption by Type
2.3.1 Global Automotive Fuel Cells Consumption Market Share by Type (2014-2019)
2.3.2 Global Automotive Fuel Cells Revenue and Market Share by Type (2014-2019)
2.3.3 Global Automotive Fuel Cells Sale Price by Type (2014-2019)
2.4 Automotive Fuel Cells Segment by Application
2.4.1 Passenger Vehicle
2.4.2 Commercial Vehicle
2.5 Automotive Fuel Cells Consumption by Application
2.5.1 Global Automotive Fuel Cells Consumption Market Share by Application (2014-2019)
2.5.2 Global Automotive Fuel Cells Value and Market Share by Application (2014-2019)
2.5.3 Global Automotive Fuel Cells Sale Price by Application (2014-2019)

3 Global Automotive Fuel Cells by Players
3.1 Global Automotive Fuel Cells Sales Market Share by Players
3.1.1 Global Automotive Fuel Cells Sales by Players (2017-2019)
3.1.2 Global Automotive Fuel Cells Sales Market Share by Players (2017-2019)
3.2 Global Automotive Fuel Cells Revenue Market Share by Players
3.2.1 Global Automotive Fuel Cells Revenue by Players (2017-2019)
3.2.2 Global Automotive Fuel Cells Revenue Market Share by Players (2017-2019)
3.3 Global Automotive Fuel Cells Sale Price by Players
3.4 Global Automotive Fuel Cells Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Automotive Fuel Cells Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Automotive Fuel Cells Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Automotive Fuel Cells by Regions
4.1 Automotive Fuel Cells by Regions
4.1.1 Global Automotive Fuel Cells Consumption by Regions
4.1.2 Global Automotive Fuel Cells Value by Regions
4.2 Americas Automotive Fuel Cells Consumption Growth
4.3 APAC Automotive Fuel Cells Consumption Growth
4.4 Europe Automotive Fuel Cells Consumption Growth
4.5 Middle East & Africa Automotive Fuel Cells Consumption Growth

5 Americas
5.1 Americas Automotive Fuel Cells Consumption by Countries
5.1.1 Americas Automotive Fuel Cells Consumption by Countries (2014-2019)
5.1.2 Americas Automotive Fuel Cells Value by Countries (2014-2019)
5.2 Americas Automotive Fuel Cells Consumption by Type
5.3 Americas Automotive Fuel Cells Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC
6.1 APAC Automotive Fuel Cells Consumption by Countries
6.1.1 APAC Automotive Fuel Cells Consumption by Countries (2014-2019)
6.1.2 APAC Automotive Fuel Cells Value by Countries (2014-2019)
6.2 APAC Automotive Fuel Cells Consumption by Type
6.3 APAC Automotive Fuel Cells Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe
7.1 Europe Automotive Fuel Cells by Countries
7.1.1 Europe Automotive Fuel Cells Consumption by Countries (2014-2019)
7.1.2 Europe Automotive Fuel Cells Value by Countries (2014-2019)
7.2 Europe Automotive Fuel Cells Consumption by Type
7.3 Europe Automotive Fuel Cells Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa
8.1 Middle East & Africa Automotive Fuel Cells by Countries
8.1.1 Middle East & Africa Automotive Fuel Cells Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Automotive Fuel Cells Value by Countries (2014-2019)
8.2 Middle East & Africa Automotive Fuel Cells Consumption by Type
8.3 Middle East & Africa Automotive Fuel Cells Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Automotive Fuel Cells Distributors
10.3 Automotive Fuel Cells Customer

11 Global Automotive Fuel Cells Market Forecast
11.1 Global Automotive Fuel Cells Consumption Forecast (2019-2024)
11.2 Global Automotive Fuel Cells Forecast by Regions
11.2.1 Global Automotive Fuel Cells Forecast by Regions (2019-2024)
11.2.2 Global Automotive Fuel Cells Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Automotive Fuel Cells Forecast by Type
11.8 Global Automotive Fuel Cells Forecast by Application

12 Key Players Analysis
12.1 Toyota
12.1.1 Company Details
12.1.2 Automotive Fuel Cells Product Offered
12.1.3 Toyota Automotive Fuel Cells Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Toyota News
12.2 Honda
12.2.1 Company Details
12.2.2 Automotive Fuel Cells Product Offered
12.2.3 Honda Automotive Fuel Cells Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Honda News
12.3 Hyundai
12.3.1 Company Details
12.3.2 Automotive Fuel Cells Product Offered
12.3.3 Hyundai Automotive Fuel Cells Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Hyundai News
12.4 Ballard
12.4.1 Company Details
12.4.2 Automotive Fuel Cells Product Offered
12.4.3 Ballard Automotive Fuel Cells Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Ballard News
12.5 Nedstack
12.5.1 Company Details
12.5.2 Automotive Fuel Cells Product Offered
12.5.3 Nedstack Automotive Fuel Cells Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Nedstack News
...

13 Research Findings and Conclusion

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