Global Fuel Cell Commercial Vehicle Market 2017-2021


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75pages

Technavio

$ 3500

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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.

Technavios 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

Technavio's 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 driver
Increase in the number of hydrogen production facilities
For a full, detailed list, view our report

Market challenge
Fossil fuels are still the major energy source used to produce hydrogen
For a full, detailed list, view our report

Market trend
Entry of big manufacturers in FCV segment
For a full, detailed list, view our 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?

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