According to a market report by Lucintel, the future of the global automotive fuel cell market looks promising with opportunities in the fuel processor, fuel stack, and power condition markets. The global automotive fuel cell market is expected to reach an estimated $20 billion by 2030 from $4 billion in 2023 at a CAGR of 24.5% from 2023 to 2030. The major drivers for this market are increasing demand for zero-emission vehicles, rising government subsidies as tax benefits to promote fuel cell vehicles, and growing concerns for environmental pollution.
A more than 150-page report to
understand trends, opportunity and
forecast in automotive fuel cell market to 2030 by power output type (<100
kw, 100–200 kw, and >200 kw), component type (fuel processor , fuel stack,
and power condition), and region (North America, Europe, Asia Pacific, and the
Rest of the World).
Lucintel
forecasts that <100 kw will remain the largest segment over the forecast
period due to growth in demand for fuel cell operated personal vehicles.
Within
this market, fuel stack is expected to witness the highest growth.
Download
sample by clicking on automotive
fuel cell market.
Ballard
Power Systems, Plug Power, Hydrogenics, Hyundai Motor Company, and Nuvera Fuel
Cells, LLC are the major suppliers in the automotive fuel cell market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
No comments:
Post a Comment