Home > Energy & Power > Emerging Energy Technologies > Fuel Cell > Automotive Fuel Cell Market

Automotive Fuel Cell Market Share

Report ID: GMI359
Published Date: Sep 2023
Report Format: PDF

Download Free Sample

Automotive Fuel Cell Market Share

Some of the eminent industry participants across the automotive fuel cell market include

Acumentrics
Altergy
Ballard Power Systems
FuelCell Energy, Inc
Toshiba Energy Systems & Solutions Corporation
Plug Power Inc.
Cummins Inc.
Panasonic Holdings Corporation
Bloom Energy
Convion Ltd
Hyster-Yale Group, Inc.
Advent Technologies
BorgWarner Inc.

Partnerships, contracts, agreements, acquisitions, and collaborations with various suppliers and third-party distributors throughout the entire value chain will contribute to product developments, thereby strengthening the industry potential.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of automotive fuel cell was crossed USD 3.53 billion in 2023 and will surpass USD 9.51 billion by 2032, due to the rapidly shifting focus towards clean and sustainable transportation solutions along with large scale investment activities worldwide.

The PEMFC type segment of automotive fuel cell market exceed USD 1.4 billion by 2032, on account of advantages, such as high efficiency, zero emissions, and quick refueling times.

North America automotive fuel cell market will witness more than 9% CAGR from 2023 to 2032, owing to the rising government support along with significant investments in the region.

Acumentrics, Altergy, Ballard Power Systems, FuelCell Energy, Inc, Toshiba Energy Systems & Solutions Corporation, Plug Power Inc., Cummins Inc., Panasonic Holdings Corporation, and Bloom Energy are some of the major automotive fuel cell companies worldwide.