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UK E-Fuel Market 2019-2025

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  • February 2020
  • Region: United Kingdom
  • Orion Market Research Private Limited
  • ID: 5116791
UK E-Fuel Market Size, Share & Trends Analysis Report by Fuel Type (E Diesel, E Gasoline, Ethanol and Hydrogen) By Application (Portable, Stationary and Transportation) By State of Fuel (Liquid Fuel and Gas Fuel) Forecast period (2019-2025).

UK E-Fuel market is anticipated to grow at a CAGR 23.9% during the forecast period. The major factors that are increasing the market are high production of biofuels including biodiesel and ethanol and increasing automobile sales in the UK. E-diesel (derived from carbon dioxide, water and electricity) and synthetic ethanol are considered as e-fuels which can be used as fuel to power engines of vehicles. Hydrogen is also considered as a significant e-fuel to be used to power vehicles. Numbers of electric cars using hydrogen fuel cells are also growing significantly in the UK which is expected to drive market during forecast period.

UK is combating with problems such as rising GHG emission coupled with global warming. Significant steps have been taken by the country to overcome these problems. For instance, UK government has planned to ban gasoline-based vehicle sales in near future and is now focusing on electric vehicle sales. Though significant numbers in electric vehicles sales are recorded in the country, majority of the automobile sales is dominated by gasoline-based vehicles. This numbers are continuing to increase in coming future which arises the need of alternate fuels that do not contribute in GHG emission. E-fuels such as e-diesel, hydrogen fuel cells can be used in automobiles to power the engine. Therefore, increasing automobile fleet size will provide an opportunity to UK e-fuel market players to develop and deliver e-fuels to automobile industry.

UK E-Fuel market is segmented on the basis of fuel type, application and state of fuel. Based on fuel type, the market is segmented into E diesel, E gasoline, ethanol and hydrogen. Based on application, the market is segmented into portable, stationary and transportation. Based on state of fuel, the market is segmented into liquid fuel and gas fuel.

The key players that are active in the market include AUDI AG, Ballard Power Systems, Inc., Ceres Power Holding PLC, FuelCell Energy, Inc., Honda Motor Co. Ltd, Hydrogenics Corp., The Viessmann Group and Valero Energy Corp.

Research Methodology:

The market study of the UK E-Fuel market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.

Secondary Sources Include:
  • Financial reports of companies involved in the market.
  • Whitepapers, research-papers, and news blogs.
  • Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation:

1. UK E-Fuel Market Research and Analysis by Fuel Type
2. UK E-Fuel Market Research and Analysis by Application
3. UK E-Fuel Market Research and Analysis by State of Fuel

The Report Covers:
  • Comprehensive Research Methodology of the UK E-Fuel market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the UK E-Fuel market.
  • Insights about market determinants which are stimulating the UK E-Fuel market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Ballard Power Systems, Inc.
  • Ceres Power Holding PLC
  • FuelCell Energy, Inc.
  • Honda Motor Co. Ltd
  • Hydrogenics Corp.
  • The Viessmann Group
  • Valero Energy Corp.