Press Release

Worldwide Hydrogen Vehicle market is valued at 580 million US$ in 2018 is expected to reach 11400 million US$ by the end of 2025, growing at a CAGR of 45.0% during 2019-2025 | Industry Leaders Covered | Toyota, Hyundai, Honda, Foton, SAIC, FeiChi Bus, Dongfeng,|

Hydrogen Vehicle use hydrogen gas to power an electric motor. Unlike conventional vehicles which run on gasoline or diesel, fuel cell cars and trucks combine hydrogen and oxygen to produce electricity, which runs a motor.
In the last several years, global market of Hydrogen Vehicle developed rapidly, with an average After several months of survey and research, research group obtains the following conclusions:

In the last several years, global market of Hydrogen Vehicle developed rapidly, with an average growth rate of 95%. As an important role in automotive market, the development of Hydrogen Vehicle have a close relationship with the development of technology.

The global average price of Hydrogen Vehicle is in the decreasing trend, from 218 K USD/Unit in 2014 to 182 K USD/Unit in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.

United States and Europe account for 50% and 10% market share in 2016 respectively. As developed region, the growth rate of Hydrogen Vehicle are as high as less than 40%. On the hand, the development speed of Hydrogen Vehicle in China and Asian countries is relatively high. Besides, China also have larger consumption market with market share of 7%. The production region is mainly concentrated in Japan, Korea and China.

Market Concentration Rate is very high though the top 7 manufacturers occupies nearly 98% market share in 2017. There are still some of manufacturers participated in this market.

The global Hydrogen Vehicle market is valued at 580 million US$ in 2018 is expected to reach 11400 million US$ by the end of 2025, growing at a CAGR of 45.0% during 2019-2025.
This report focuses on Hydrogen Vehicle volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hydrogen Vehicle market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The report includes an in-depth analysis of the competitive landscape of this business vertical, constituting manufacturers like:
Toyota
Hyundai
Honda
Foton
SAIC
FeiChi Bus
Dongfeng

Market Segment by Regions includes:
North America
Europe
China
Japan

Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Passenger Vehicle
Commercial Vehicle

By Industrial Application, the market can be split into:
Commercial Use
Home Use

Global Hydrogen Vehicle Market Research Report 2019 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 89 pages report.

This market report provides in-depth analytics of the Hydrogen Vehicle industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.

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