Automotive Fuel Cell Market Forecasts to 2028 | Drivers and Opportunities | Key player Analysis Panasonic, Toshiba, Toyota Motor Corporation, AFCC

According to Stratistics MRC, the Global Automotive Fuel Cell Market is accounted for $1.12 billion in 2020 and is expected to reach $31.18 billion by 2028 growing at a CAGR of 51.5% during the forecast period. While the factors like fast refuelling and reduced oil dependency are propelling the market growth. However, highly flammable is hampering the market growth.

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By geography, Asia Pacific is going to have a huge demand owing to the empowering FCEV deployment goals of governments, combined with rising investments in hydrogen fueling infrastructure. Furthermore, high fuel stack built-up capacities in the region, due to the existence of different large-scale FC passenger car manufacturers, will also add to the regional landscape.

Some of the key players profiled in the Automotive Fuel Cell Market include Panasonic, Toshiba, Toyota Motor Corporation, AFCC, American Honda Motor Company Inc., Ballard Power Systems, BorgWarner Inc., Continental Industries, Cummins, Daimler AG, Delphi Technology, Hydrogenics, Hyster Yale, Hyundai Motor Company, ITM Power, Nedstack Fuel Cell Technology, Nissan Motor Corporation, Plug Power, and Proton Motor Fuel Cell GmbH.

Vehicle Types Covered:
• Passenger Vehicle
• Commercial Vehicle
• Multi-Purpose Vehicle
• Sport Utility Vehicles (SUVs) & Crossovers
• Buses and Coaches
• Two Wheelers
• Heavy & Special Duty Truck
• Electrical Vehicles
• Agricultural Vehicles
• Forklift, Port Vehicle, & Internal Container Handling Vehicle 

Components Covered:
• Air Compressor
• Fuel Cell Stack
• Fuel Processor
• Humidifier
• Power Conditioner

Operating Miles Covered:
• 0-250 Miles
• 251-500 Miles
• Above 500 Miles

Power Capacities Covered:
• <150 kW
• 150-250 kW
• >250 kW

Electrolyte Types Covered:
• Alkaline Fuel Cell (AFC)
• Direct Methanol Fuel Cell (DMFC)
• Molten Carbonate Fuel Cell (MCFC)
• Phosphoric Acid Fuel Cell (PAFC)
• Proton Exchange Membrane Fuel Cell (PEMFC)
• Solid Oxide Fuel Cell (SOFC)
• Polymer Electronic Membrane Fuel Cell

Specialised Vehicle Types Covered:
• Material Handling Vehicles
• Auxiliary Power Unit for Refrigerated Truck

Fuel Types Covered:
• Methanol
• Hydrogen

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

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