Automotive fuel cell refers to a vehicle which is powered by hydrogen fuel for the propulsion of the automotive. Fuel is contained in high-pressure tank and fed into a fuel cell stack, where the oxygen and hydrogen found naturally in the air react with each other and generate electricity. They are available in various vehicles such as cars, buses, and trucks.
Increase in vehicle production is the key driving factor which is expected to boost the global automotive fuel cell market growth. Furthermore, rise in global environmental issues such as climate change and poor air quality due to high fossil fuel consumption will have the positive impact on market growth. The fuel cell produces zero emission and contributes to eliminate the greenhouse gases thereby propelling the market growth during this forecast period. Moreover, the automotive fuel cell demand is growing significantly as compared to battery electric vehicles owing to high performance ability to refuel in reduced time and long range provided by the systems.
However, automotive fuel cells are highly flammable in nature and hard to detect hydrogen leakages that are the some challenging factors which expected to obstruct the global automotive fuel cell market growth.
Global Automotive Fuel Cell Market is segmented into electrolyte type such as PEMFC (Proton-Exchange Membrane Fuel Cell), and PAFC (Phosphoric Acid Fuel Cell), by power output such as Below 100 KW, 100-200KW, and Above 200 KW. Further, market is segmented into vehicle type such as Passenger Car, Bus, Light Commercial Vehicle, and Truck.
Also, Global Automotive Fuel Cell Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Delphi Tecnologies, Ballard Power Systems, Hydrogenics, ITM Power, Plug Power, Nuvera Fuel Cells, Ceres Power, Nedstack, and Doosan Corporation
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Automotive Fuel Cell Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Automotive Fuel Cell Market, By Electrolyte Type
5.1 Y-o-Y Growth Comparison, By Electrolyte Type
5.2 Global Automotive Fuel Cell Market Share Analysis, By Electrolyte Type
5.3 Global Automotive Fuel Cell Market Size and Forecast, By Electrolyte Type
5.3.1PEMFC (Proton-Exchange Membrane Fuel Cell)
5.3.2PAFC (Phosphoric Acid Fuel Cell)
6 Global Automotive Fuel Cell Market , By Power Output
6.1 Y-o-Y Growth Comparison, By Power Output
6.2 Global Automotive Fuel Cell Market Share Analysis, By Power Output
6.3 Global Automotive Fuel Cell Market Size and Forecast, By Power Output
6.3.1 Below 100 KW
6.3.2 100-200 KW
6.3.3 Above 200 KW
7 Global Automotive Fuel Cell Market, Vehicle Type
7.1 Y-o-Y Growth Comparison, Vehicle Type
7.2 Global Automotive Fuel Cell Market Share Analysis, Vehicle Type
7.3 Global Automotive Fuel Cell Market Size and Forecast, Vehicle Type
7.3. 1 Passenger Car
7.3.2 Bus
7.3.3Light Commercial Vehicle
7.3.4 Truck
8Global Automotive Fuel Cell Market, By Region
8.1 Global Automotive Fuel Cell Market Share Analysis, By Region
8.2 Global Automotive Fuel Cell Market Share Analysis, By Region
8.3 Global Automotive Fuel Cell Market Size and Forecast, By Region
9 North America Automotive Fuel Cell Market Analysis and Forecast (2023 – 2030)
9.1 Introduction
9.2 North America Automotive Fuel Cell Market Share Analysis, By Electrolyte Type
9.3 North America Automotive Fuel Cell Market Size and Forecast, By Power Output
9.4 North America Automotive Fuel Cell Market Size and Forecast, Vehicle Type
9.5 North America Automotive Fuel Cell Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeAutomotive Fuel Cell Market Analysis and Forecast (2023 – 2030)
10.1 Introduction
10.2 Europe Automotive Fuel Cell Market Share Analysis, By Electrolyte Type
10.3 Europe Automotive Fuel Cell Market Size and Forecast, By Power Output
10.4 Europe Automotive Fuel Cell Market Size and Forecast, Vehicle Type
10.5 Europe Automotive Fuel Cell Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Automotive Fuel Cell Market Analysis and Forecast (2023 – 2030)
11.1 Introduction
11.2 Asia Pacific Automotive Fuel Cell Market Share Analysis, By Electrolyte Type
11.3 Asia Pacific Automotive Fuel Cell Market Size and Forecast, By Power Output
11.4 Asia Pacific Automotive Fuel Cell Market Size and Forecast, Vehicle Type
11.5 Asia Pacific Automotive Fuel Cell Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Automotive Fuel Cell Market Analysis and Forecast (2023 – 2030)
12.1 Introduction
12.2 Latin America Automotive Fuel Cell Market Share Analysis, By Electrolyte Type
12.3 Latin America Automotive Fuel Cell Market Size and Forecast, By Power Output
12.4 Latin America Automotive Fuel Cell Market Size and Forecast, Vehicle Type
12.5 Latin America Automotive Fuel Cell Market Size and Forecast, Country
13Middle East Automotive Fuel Cell Market Analysis and Forecast (2023 – 2030)
13.1 Introduction
13.2 Middle East Automotive Fuel Cell Market Share Analysis, By Electrolyte Type
13.3 Middle East Automotive Fuel Cell Market Size and Forecast, By Power Output
13.4 Middle East Automotive Fuel Cell Market Size and Forecast, Vehicle Type
13.5 Middle East Automotive Fuel Cell Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Delphi Tecnologies
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Ballard Power Systems
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Hydrogenics
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 ITM Power
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Plug Power
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Nuvera Fuel Cells
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Ceres Power
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Nedstack
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Doosan Corporation
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
