DUBLIN--(BUSINESS WIRE)--The "Global Hydrogen Fuel Cell Vehicle Market By Vehicle Type (Passenger Cars and Commercial Vehicles), By Power Output (Less Than 150 kW, 150-250 kW, >250 kW), By Region, Competition, Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.

The Global Hydrogen Fuel Cell Vehicle Market is expected to grow at an impressive rate during the forecast period.

The Global Hydrogen Fuel Cell Vehicle Market is driven by the growing environmental concerns due to increasing air pollution and climate change. The hydrogen fuel cell vehicles are helpful in reducing the emissions since they do not produce greenhouse gases. This in turn is expected to positively impact the market growth through 2026.

Besides, hydrogen fuel cell vehicles are low maintenance vehicles which function silently without creating a lot of noise. Additionally, supportive government policies, schemes and grants to promote cleaner technologies is further anticipated to propel the market during the forecast period. However, high initial investment is required to develop the hydrogen fuel cell vehicle infrastructure which can hamper the market growth over the next few years.

Additionally, lack of awareness about these vehicles and presence of a smaller number of manufacturers in the market further restrict the market growth.

The Global Hydrogen Fuel Cell Vehicle Market is segmented based on vehicle type, power output, company and region. Based on the vehicle type, the market has been categorized into passenger cars and commercial vehicles. The passenger cars segment is expected to dominate the market during the forecast period. This can be ascribed to the associated benefits such as ease in parking, improved gas mileage and affordability.

Regionally, the Global Hydrogen Fuel Cell Vehicle Market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. North America is expected to dominate the overall hydrogen fuel cell vehicle market owing to the increasing awareness among the population towards environmental protection and sustainability. Additionally, supportive government schemes & policies are further supporting the market growth in the region.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Hydrogen Fuel Cell Vehicle Market

4. Executive Summary

5. Voice of Customer

6. Global Hydrogen Fuel Cell Vehicle Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Vehicle Type (Passenger Cars and Commercial Vehicles)

6.2.2. By Power Output (Less than 150 kW, 150-250 kW, >250 kW)

6.2.3. By Company (2020)

6.2.4. By Region

6.3. Market Attractiveness Index

7. Asia-Pacific Hydrogen Fuel Cell Vehicle Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Vehicle Type

7.2.2. By Power Output

7.2.3. By Country

7.3. Asia-Pacific: Country Analysis

7.3.1. China Hydrogen Fuel Cell Vehicle Market Outlook

7.3.2. India Hydrogen Fuel Cell Vehicle Market Outlook

7.3.3. Australia Hydrogen Fuel Cell Vehicle Market Outlook

7.3.4. Japan Hydrogen Fuel Cell Vehicle Market Outlook

7.3.5. South Korea Hydrogen Fuel Cell Vehicle Market Outlook

8. Europe Hydrogen Fuel Cell Vehicle Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Vehicle Type

8.2.2. By Power Output

8.2.3. By Country

8.3. Europe: Country Analysis

8.3.1. France Hydrogen Fuel Cell Vehicle Market Outlook

8.3.2. Germany Hydrogen Fuel Cell Vehicle Market Outlook

8.3.3. United Kingdom Hydrogen Fuel Cell Vehicle Market Outlook

8.3.4. Italy Hydrogen Fuel Cell Vehicle Market Outlook

8.3.5. Spain Hydrogen Fuel Cell Vehicle Market Outlook

9. North America Hydrogen Fuel Cell Vehicle Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Vehicle Type

9.2.2. By Power Output

9.2.3. By Country

9.3. North America: Country Analysis

9.3.1. United States Hydrogen Fuel Cell Vehicle Market Outlook

9.3.2. Mexico Hydrogen Fuel Cell Vehicle Market Outlook

9.3.3. Canada Hydrogen Fuel Cell Vehicle Market Outlook

10. South America Hydrogen Fuel Cell Vehicle Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Vehicle Type

10.2.2. By Power Output

10.2.3. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Hydrogen Fuel Cell Vehicle Market Outlook

10.3.2. Argentina Hydrogen Fuel Cell Vehicle Market Outlook

10.3.3. Colombia Hydrogen Fuel Cell Vehicle Market Outlook

11. Middle East and Africa Hydrogen Fuel Cell Vehicle Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value & Volume

11.2. Market Share & Forecast

11.2.1. By Vehicle Type

11.2.2. By Power Output

11.2.3. By Country

11.3. MEA: Country Analysis

11.3.1. South Africa Hydrogen Fuel Cell Vehicle Market Outlook

11.3.2. Saudi Arabia Hydrogen Fuel Cell Vehicle Market Outlook

11.3.3. UAE Hydrogen Fuel Cell Vehicle Market Outlook

11.3.4. Kuwait Hydrogen Fuel Cell Vehicle Market Outlook

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape

14.1. Honda Motor Company, Ltd.

14.2. Toyota Motor Corporation

14.3. Hyundai Motor Company

14.4. Daimler AG

14.5. Audi AG

14.6. Bayerische Motoren Werke AG

14.7. AB Volvo

14.8. Ballard Power Systems, Inc.

14.9. General Motors Company

14.10. Kia Motor Corporation

14.11. MAN SE

14.12. Groupe Renault

14.13. Tata Motors Limited

14.14. Hydrogenics Corp.

14.15. Mazda Motor Corporation

15. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/k4jka4

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