Global Fuel Cell Commercial Vehicle Market 2017-2021 - Product Image

Global Fuel Cell Commercial Vehicle Market 2017-2021

  • ID: 4420429
  • Report
  • Region: Global
  • 75 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Ballard Power Systems
  • Daimler
  • Iveco Bus
  • MAN
  • Renault
  • Thor Industries
  • MORE
About Fuel Cell Commercial Vehicle

Fuel cell technology is a green technology, which involves a chemical reaction between hydrogen and oxygen to produce electricity and water. This is expected to be the future fuel due to the abundance of hydrogen in the universe. Fuel cells use hydrogen as the primary energy source, which is abundantly available in the universe and produces electricity by a chemical reaction with oxygen in the presence of a catalyst (platinum). The output of this reaction is water.

The analysts forecast the global fuel cell commercial vehicle market to grow at a CAGR of 24.66% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global fuel cell commercial vehicle market for 2017-2021. To calculate the market size, the report considers the shipments
The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Fuel Cell Commercial Vehicle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Daimler
  • Renault
  • Toyota Motor Corporation
Other prominent vendors
  • Ballard Power Systems
  • Iveco Bus
  • MAN
  • Thor Industries
  • Van Hool
Market drivers
  • Increase in the number of hydrogen production facilities
  • For a full, detailed list, view the full report
Market challenges
  • Fossil fuels are still the major energy source used to produce hydrogen
  • For a full, detailed list, view the full report
Market trends
  • Entry of big manufacturers in FCV segment
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Ballard Power Systems
  • Daimler
  • Iveco Bus
  • MAN
  • Renault
  • Thor Industries
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Global FCCV market segmentation by application
  • Global FCCV market for LCV
  • Global FCCV market for M&HCV
PART 07: Geographical segmentation
  • Global FCCV market segmentation by geography
  • Global FCCV market in APAC
  • Global FCCV market in EMEA
  • Global FCCV market in Americas
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends

PART 11: Vendor landscape
  • Vendor overview
  • Other prominent vendors
PART 12: Key vendor analysis
  • Daimler
  • Renault
  • Toyota Motor Corporation
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Effects of increasing AQI
Exhibit 02: Effects of climate change
Exhibit 03: Adverse effects of scarcity of oil
Exhibit 04: Working of an FCV
Exhibit 05: Global FCV market 2016-2021 (in units)
Exhibit 06: Global fuel cell commercial vehicle market segmentation
Exhibit 07: Global FCCV market 2016-2021 (in units)
Exhibit 08: Recent developments in commercial FCV market
Exhibit 09: Five forces analysis
Exhibit 10: Global FCCV market segmentation by application 2016 and 2021 (in %)
Exhibit 11: Global FCCV market segmentation by application 2016-2021 (in %)
Exhibit 12: Global FCCV market for LCV 2016-2021 (in units)
Exhibit 13: Global FCCV market for M&HCV 2016-2021 (in units)
Exhibit 14: Global FCCV market segmentation by geography 2016 (in %)
Exhibit 15: Global FCCV market segmentation by geography 2021 (in %)
Exhibit 16: Global FCCV market segmentation by geography 2016-2021 (in %)
Exhibit 17: Global FCCV market in APAC 2016-2021 (in units)
Exhibit 18: Global FCCV market in EMEA 2016-2021 (in units)
Exhibit 19: Global FCCV market in Americas 2016-2021 (in units)
Exhibit 20: Hydrogen refilling stations 2017-2021
Exhibit 21: Other prominent vendors
Exhibit 22: Daimler: Business segmentation
Exhibit 23: Daimler: Key brands
Exhibit 24: Daimler: Recent developments
Exhibit 25: Renault: Recent developments
Exhibit 26: Toyota Motor Corporation: Recent developments
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Ballard Power Systems
  • Daimler
  • Iveco Bus
  • MAN
  • Renault
  • Thor Industries
  • MORE
New Report Released: – Global Fuel Cell Commercial Vehicle Market 2017-2021

The author of the report recognizes the following companies as the key players in the global fuel cell commercial vehicle market: Daimler, Renault, and Toyota Motor Corporation

Other Prominent Vendors in the market are: Ballard Power Systems, Iveco Bus, MAN, Thor Industries, and Van Hool.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Entry of big manufacturers in FCV segment. Previously, only institutes were conducting research on FCV. However, lately, major manufacturers have invested a huge sum on R&D (Toyota, Daimler, Honda, Hyundai, Mercedes-Benz, and BMW). Major bodies like The New Energy Foundation (NEF) are working in collaboration with the New Energy and Industrial Technology Development Organization (NEDO) to reduce the complexity of fuel cell technology so that it can be adopted by masses. More than 11 projects are in progress, which involves the development and validation of polymer-electrolyte fuel cell technology.”

According to the report, one of the major drivers for this market is Increase in the number of hydrogen production facilities. Hydrogen is selected as the optimal replacement for traditional fossil fuels because of its abundance in the universe. It is the key fuel source that powers a fuel cell vehicle. Worldwide, around 80 million tons of hydrogen is produced every year at an average price ranging between $1.0/kg to $1.80/kg. For a sustained growth, the fuel cell market needs an additional 90 million tons of hydrogen annually.

Further, the report states that one of the major factors hindering the growth of this market is Fossil fuels are still the major energy source used to produce hydrogen. Hydrogen is a clean source of energy as its reaction with oxygen creates water, but mass production of hydrogen is a major challenge. To date, a major share of hydrogen is being produced using fossil fuels (coal, oil, natural gas, and nuclear). Producing hydrogen using electrolysis is not efficient because of the high demand for electricity and a lower output ratio. Power sources, such as biomass, wind, hydropower, and solar are not enough to meet the requirements of hydrogen production.

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.
Note: Product cover images may vary from those shown
5 of 5
  • Daimler
  • Renault
  • Toyota Motor Corporation
  • Ballard Power Systems
  • Iveco Bus
  • MAN
  • Thor Industries
  • Van Hool
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll