Fuel cell vehicle market expected to witness a steady growth by 2022

Page 1

Fuel Cell Vehicle Market Expected to Witness a Steady Growth by 2022

MRC Announces the Publication of its Research Report – Global Fuel Cell Vehicle Market 2018-2022 MRC recognizes the following companies as the key players in the fuel cell vehicle market: Ballard Power Systems, Daimler, Hyundai Motor Company, Nissan, Renault, Toyota Motor Commenting on the report, an analyst from MRC’ s team said: “ The reduction in prices of fuel cells will be a key trend driving the growth of this market. Vehicle makers and technology companies are focusing on reducing the cost of manufacturing fuel cells to power fuel cell vehicles. Due to low production costs, consumers can easily shift from conventional vehicles to fuel cell vehicles.


According to the report, the improved fuel efficiency and emission control will drive the growth of the market. Governments are encouraging environment-friendly modes of transportation as the increasing use of internal combustion engines degrades the air quality. As these fuel cells use hydrogen, the generation and storage in fuel cells reduces emissions. Further, the report states that the high cost of installation will affect the growth of the market. Due to the high cost of installation and operations, the number of installations with significant number of fuel cells vehicles per regions are restricted. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Get Sample Pages of the report at https://marketreportscenter.com/requestsample/592253 The market is expected to grow at a CAGR of 84.39% About fuel cell vehicle Fuel cell vehicles are electric vehicles that use hydrogen fuel to power the drivetrain. These vehicles combine oxygen and hydrogen to generate power for the motor. Also, these vehicles can be refuelled by conventional vehicles from a hydrogen fuel refuelling station. MRC’ s analysts forecast the Global Fuel Cell Vehicle Market to grow at a CAGR of 85.18% during the period 2018-2022. Covered in this report The report covers the present scenario and the growth prospects of the fuel cell vehicle market. To calculate the market size, the report considers the revenue generated from applications such as passenger cars and commercial vehicles.


Check the discount on the report at https://marketreportscenter.com/request-discount/592253 Some points from TOC:PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: RESEARCH METHODOLOGY PART 04: MARKET LANDSCAPE Market ecosystem Market characteristics Market segmentation analysis PART 05: MARKET SIZING Market definition Market sizing 2017 Market size and forecast 2017-2022 PART 06: FIVE FORCES ANALYSIS Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition PART 07: MARKET SEGMENTATION BY APPLICATION Segmentation by application Comparison by application Passenger cars – Market size and forecast 2017-2022 Commercial vehicles – Market size and forecast 2017-2022 Market opportunity by application PART 08: CUSTOMER LANDSCAPE PART 09: REGIONAL LANDSCAPE Geographical segmentation Regional comparison APAC – Market size and forecast 2017-2022 Americas – Market size and forecast 2017-2022


EMEA – Market size and forecast 2017-2022 Market opportunity PART 10: DECISION FRAMEWORK PART 11: DRIVERS AND CHALLENGES Market drivers Market challenges PART 12: MARKET TRENDS Changes in hydrogen production technology Reduction in prices of fuel cells Adoption plans of fuel cell vehicles in major cities ……………….Continued Review the summary and complete table of content at https://marketreportscenter.com/reports/592253/global-fuel-cell-vehiclemarket-2018-2022 About Market Reports Center; Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable. Market Reports Center currently has more than 3,00,000 plus titles and 40+ Publishers on our platform and growing consistently. We cover more than 35 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Construction, Agriculture, Food, Beverages, Banking & Finance, Media and Government, Public Sector Studies. Connect for more details: Sam Collins


Market Reports Center 1-646-883-3044 (US) Email: info@marketreportscenter.com Website: https://marketreportscenter.com Follow us on LinkedIn: https://www.linkedin.com/company/marketreports-center Read our blog: https://marketreportscenter.com/blog/


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.