Home > Automotive > Mobility > Electric Vehicles > Hydrogen Vehicle Market

Hydrogen Vehicle Market Share

  • Report ID: GMI6249
  • Published Date: Jul 2023
  • Report Format: PDF
 Download Free Sample

Hydrogen Vehicle Market Share

Major players operating in the hydrogen vehicle market are:

  • Toyota Motor Corporation
  • Hyundai Motor Company
  • Honda Motor Corporation ,Ltd
  • Cummins Inc.
  • SAIC Motor Company
  •  Ashok Leyland.

These players are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are also heavily investing in research to introduce innovative products and garner the maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of hydrogen vehicle was valued at USD 2.8 billion in 2022 and is estimated to register a CAGR of over 28% between 2023 and 2032, owing to the growing environmental consciousness.

The passenger cars segment accounted for a market share of 66.6% in 2022, attributed to environmental concerns, infrastructure development, technological advancements, automaker commitment, government support, and pilot programs & demonstrations.

North America hydrogen vehicle market held approximately 8% of the market share in 2022, backed by the encouragement of partnerships & collaborations between government entities, industry stakeholders, and research institutions to accelerate the development & adoption of hydrogen commercial vehicles.

Toyota Motor Corporation, Hyundai Motor Company, Honda Motor Corporation, Cummins Inc., SAIC Motor Company, and Ashok Leyland.

Hydrogen Vehicle Market Scope

  • Hydrogen Vehicle Market Size
  • Hydrogen Vehicle Market Trends
  • Hydrogen Vehicle Market Analysis
  • Hydrogen Vehicle Market Share

    • Buy Now

    Immediate Delivery Available

    Premium Report Details

    • Base Year: 2022
    • Companies covered: 15
    • Tables & Figures: 239
    • Countries covered: 16
    • Pages: 300
     Download Free Sample
    ×
    Get a free sample of Hydrogen Vehicle Market
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.