Report overview
Fuel Cell Commercial Vehicle is a type of vehicle, which uses a fuel cell to power its on-board electric motor. Fuel cells in vehicles create electricity to power an electric motor, generally using oxygen from the air and compressed hydrogen. They are more efficient than conventional internal combustion engine vehicles and produce no harmful tailpipe exhaust?they emit water vapor and warm air.
This report contains market size and forecasts of Fuel Cell Electric Commercial Vehicles in global, including the following market information:
Global Fuel Cell Electric Commercial Vehicles Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Fuel Cell Electric Commercial Vehicles Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Fuel Cell Electric Commercial Vehicles companies in 2021 (%)
The global Fuel Cell Electric Commercial Vehicles market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Heavy Commercial Vehicles Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Fuel Cell Electric Commercial Vehicles include Hyundai, Toyota, Foton, Nanjing Golden Dragon, Yutong, Feichi Bus, Zhongtong Bus, Hyzon Motors and Xiamen Golden Dragon, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Fuel Cell Electric Commercial Vehicles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Fuel Cell Electric Commercial Vehicles Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Fuel Cell Electric Commercial Vehicles Market Segment Percentages, by Type, 2021 (%)
Heavy Commercial Vehicles
Light Commercial Vehicles
Global Fuel Cell Electric Commercial Vehicles Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Fuel Cell Electric Commercial Vehicles Market Segment Percentages, by Application, 2021 (%)
For Sales
For Public Lease
Global Fuel Cell Electric Commercial Vehicles Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Fuel Cell Electric Commercial Vehicles Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Fuel Cell Electric Commercial Vehicles revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Fuel Cell Electric Commercial Vehicles revenues share in global market, 2021 (%)
Key companies Fuel Cell Electric Commercial Vehicles sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Fuel Cell Electric Commercial Vehicles sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hyundai
Toyota
Foton
Nanjing Golden Dragon
Yutong
Feichi Bus
Zhongtong Bus
Hyzon Motors
Xiamen Golden Dragon
Yunnan Wulong
Honda
Nikola
SAIC HONGYAN
