Hydrogen Fuel Cell Vehicle Industry 2018 TO 2023 - PowerPoint PPT Presentation

Hydrogen Fuel Cell Vehicle Market 2018 report provides detailed analysis of

Global Hydrogen Fuel Cell Vehicle Market By Technology (Proton Exchange

Membrane Fuel Cell, Alkaline Fuel cell, Solid Oxide Fuel Cell), By Vehicle

Type(Commercial Vehicle and Passenger Cars) and Region Forecast To 2023.

The global hydrogen fuel cell vehicle market is a very dynamic market and is

expected to witness high growth over the forecast period. The growth of

hydrogen fuel cell vehicle market is influenced by the long-term air quality and

climate goals. Hydrogen car accounts for lower global warming emissions than a

comparable gasoline car.

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Hydrogen Fuel Cell Vehicle Key Players:

The key players of global Hydrogen Fuel Cell Vehicle market includes Toyota

Motor Sales, USA, Inc. (Japan), The Hyundai Motor Company (South Korea),

Daimler AG (Mercedes-Benz) (Germany), BMW (Germany), General Motors

Company (U.S.), Groupe Renault (France), Mazda Motor Corporation (Japan),

Hydrogenics (Canada), Kia Motor Corporation (South Korea), Tata Motors

Limited(India).

Hydrogen can connect different energy sectors with energy transmission &

distribution, thus increasing the operational flexibility of future low-carbon

energy systems. Hydrogen with a low-carbon footprint, has the potential to

facilitate significant reductions in energy-related CO2 emissions for lower local air

pollutants and noise emissions compared to direct fossil fuel combustion.

However entirely new and expensive infrastructure system, acts as a major

restraint for the growth of the market.

The development of new and diversified technologies is creating exciting

opportunities within the automotive industry. The world consists of a mixture of a

vast collection of components. Each component has a vital role in the

composition of the world. The most abundant components in the universe include

hydrogen, nitrogen, and oxygen. Hydrogen is the most occurring component

taking up 75% of the world, and it plays a greater role in the sustainability of life.

Hydrogen itself contains no carbon so can be used in a fuel cell and water. The

hydrogen fuel cell vehicle market is undergoing various changes with evolving

customer expectations, acceleration of technological innovation, and shifts in

competitive power. Increasing number of funding commitments for the

commercialization, and development of refueling infrastructure, will be crucial

factors for the growth of the market in the years to come. Geographically, U.K.,

Germany, Japan, and California restated commitments and funding to accelerate

development of the hydrogen fueling infrastructure and announced plans to help

to fund hydrogen fueling station development in the U.S., in California and the

Northeast.

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market-4722

This study provides an overview of the global Hydrogen Fuel Cell Vehicle market,

tracking one market segment across four geographic regions. The report studies

key players, providing a five-year annual trend analysis that highlights market size,

volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the

World (ROW). The report also provides a forecast, focusing on the market

opportunities for the next five years for each region. The scope of the study

segments the global Hydrogen Fuel Cell Vehicle market by its product and region.

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