Hydrogen Vehicle Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 10/09/2018 -- This study focuses on the production side and consumption side of Hydrogen Vehicle, presents the global Hydrogen Vehicle market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Hydrogen Vehicle capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms of consumption side, this report focuses on the consumption of Hydrogen Vehicle by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Hydrogen Vehicle use hydrogen gas to power an electric motor. Unlike conventional vehicles which run on gasoline or diesel, fuel cell cars and trucks combine hydrogen and oxygen to produce electricity, which runs a motor. In the last several years, global market of Hydrogen Vehicle developed rapidly, with an average After several months of survey and research, research group obtains the following conclusions: In the last several years, global market of Hydrogen Vehicle developed rapidly, with an average growth rate of 95%. As an important role in automotive market, the development of Hydrogen Vehicle have a close relationship with the development of technology.
The global average price of Hydrogen Vehicle is in the decreasing trend, from 218 K USD/Unit in 2014 to 182 K USD/Unit in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years. United States and Europe account for 50% and 10% market share in 2016 respectively. As developed region, the growth rate of Hydrogen Vehicle are as high as less than 40%. On the other hand, the development speed of Hydrogen Vehicle in China and other Asian countries is relatively high. Besides, China also have larger consumption market with market share of 7%. The production region is mainly concentrated in Japan, Korea and China.
Market Concentration Rate is very high though the top 7 manufacturers occupies nearly 98% market share in 2017. There are still some of manufacturers participated in this market. The Hydrogen Vehicle market was valued at 580 Million US$ in 2017 and is projected to reach 11400 Million US$ by 2025, at a CAGR of 45.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Hydrogen Vehicle.
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This report includes the following manufacturers; we can also add the other companies as you want.
Toyota
Hyundai
Honda
Foton
SAIC
FeiChi Bus
Dongfeng
Market Segment by Product Type
Passenger Vehicle
Commercial Vehicle
Market Segment by Application
Commercial Use
Home Use
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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