The global fuel cell powertrain market size is expected to grow by 65% per annum, from $268 million in 2020 to $3,797 million in 2025. The development of hydrogen infrastructure for fuel-efficient systems and the increase in government initiatives for rapid technological change in the automotive industry have the potential to boost the fuel cell powertrain market.
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Key Market Players
The global fuel cell powertrain market is dominated by major players such as Ballard Power Systems (Canada), Cummins Inc. (US), Denso Corporation (Japan), Robert Bosch GmbH (Germany), and FEV (Germany). These companies offer a wide variety of automotive motors fulfilling all major functions in a vehicle. The key strategies adopted by these companies to sustain their market position are new product developments, expansions, mergers &acquisitions, and partnerships & collaboration.
- Market size available for years 2019–2025
- Base year considered 2018
- Forecast period 2019-2025
- Segments covered (By Component, By Vehicle Type)
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Global Fuel Cell Powertrain Market Segmentation:
- Hydrogen Storage System
- Battery System
- Drive System
- Fuel Cell System
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Fuel Cell Powertrain Market Report
- What was the Global Fuel Cell Powertrain Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
- What will be the CAGR of Global Fuel Cell Powertrain Market during the forecast period (2019-2025)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
- Which manufacturer/vendor/players in the Global Fuel Cell Powertrain Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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