New York, United States 03 August : Fuel cell powertrain is an electrically driven system, wherein energy stored as hydrogen gets converted into electricity through a fuel cell. Fuel cells are used in several applications including material handling, emergency backup power, and transportation. Unlike internal combustion engine powertrain system, fuel cell power train is highly efficient and ecofriendly, as it does not emit harmful emissions.
Fuel Cell Powertrain Market is projected to be worth USD 7.28 billion by 2030, registering a CAGR of 70% during the forecast period (2022 – 2030), The market was valued at USD 287 million in 2020.
The Fuel cell powertrain market has witnessed rapid development over the past few decades across the world due to the rising demand for low-emission vehicles and increasing vehicle range. During the past few years, various countries around the world have increased their focus on the growth of this industry. Rapid growth in technology and decreasing cost of fuel cells along with the rising prices of petrol and diesel have led to the rapid growth of this market. FCEVs offer a higher range on a single filling compared to other EVs and are convenient to fill. However, the lack of hydrogen fuelling infrastructure in various regions creates a hurdle to the growth of the market. To enable the growth of the Fuel cell powertrain market.
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Top Key players in the report:
Audi, AVL List GmbH (AVL), Ballard Power Systems, Cummins Inc., Daimler, Delphi Technologies, Denso Corporation, FEV, Fuel Cell System Manufacturing LLC, Hyundai Kefico Corporation, Nedstack, Riversimple, Robert Bosch Gmbh, Sunrise Power Co. Ltd., Swiss Hydrogen Power
Segmentation Analysis of Global Fuel cell powertrain Market
Market Segment by Product Type
Rear-Wheel Drive (RWD)
Front-Wheel Drive (FWD)
All-Wheel Drive (AWD)
Market Segment by Application
Passenger Cars
Light Commercial Vehicle (LCV)
Buses
Trucks
Fuel cell powertrain Market Scenario
Fuel cell powertrain Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The data points provided are only related to the company’s focus related to Fuel cell powertrain market. Leading global Fuel cell powertrain market players and manufacturers are studied to give a brief idea about competitions.
The report on Fuel cell powertrain Market gives a rundown of market segmentation. Moreover, it provides particulars pertaining to market size, valuation and CAGR of each region and segment for all years from 2022 until 2030. PEST analysis for each region is given as well.
The document will help readers gain vital information regarding the market such as leading players, their company profiles, portfolios, financial information, and latest developments. The report also enables companies in making strategic decisions such as partnerships, product launches, collaborations, etc. to gain a competitive edge.
Factors affecting Fuel cell powertrain Market dynamics, revenue generation, and valuation i.e. drivers, restraints, opportunities, and threats are also evaluated.
Table of Contents:
Global Fuel cell powertrain Market Research Report
Chapter 1: Global Fuel cell powertrain Industry Overview
Chapter 2: Global Economic Impact on Fuel cell powertrain Market
Chapter 3: Global Market Size Competition by Industry Manufacturers
Chapter 4: Global Production Revenue (Value) by regions
Chapter 5: Consumables (Production), Consumption, Exports, Imports, Geography
Chapter 6: Global Production, Revenue (Value), Price Trend, Product Type
Chapter 7: Application-Based Global Market Analysis
Chapter 8: Fuel cell powertrain Chain Market Industry Value
Chapter 9: Fuel cell powertrain Market Chains, Sourcing Strategies and Downstream Buyers
Chapter 10: Strategy and Core Policies Distributors/Suppliers/Traders
Chapter 11: Key Economic Indicators by Market Vendor
Chapter 12: Analysis of Market Effect Factors
Chapter 13: Global Fuel cell powertrain Market Forecast Period
Chapter 14: The Future of Markets
Chapter 15: Appendix
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