09 June 2020
Visiongain has launched a new report Automotive Fuel Cell Market Report 2020-2030: Forecasts by Power Output (Below 150 KW, 150-250 KW, and Above 250 KW), by Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles), by Electrolyte Type (PEMFC, SOFC, DMFC, and Others), by Component Type (Fuel Stack, Fuel Processor, Power Conditioner, and Others), by Region, Country and Profiles of Leading Companies.
The lead analyst of the report said: The automotive fuel cell market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of automotive fuel cell.
A fuel cell is a device that converts chemical potential energy into electrical energy (energy stored in molecular bonds). A PEM (Proton Exchange Membrane) cell uses both hydrogen (H2) gas and oxygen (O2) gas as fuel. In the cell the reaction products are water, energy, and heat. This is a major improvement on internal combustion engines, coal burning power stations, and nuclear power plants, all generating toxic by-products. Fuel cell vehicles (FCV) use the fuel cells to drive the electric motor of the vehicle. Many FCVs use a combination fuel cell with a battery and a super capacitor to efficiently start, control and use the best source of energy for constant and peak efficiency. The fuel cell in FCVs uses air-oxygen and compressed hydrogen. Such vehicles emit only the by-products of water and heat. The key reason for developing automotive fuel cell technology is their performance, low or zero emissions, and the development of fuel from local sources instead of imported.
Further, emergence of COVID-19 pandemic has impacted the whole supply chain of automotive industry due to the complete lockdown in the operation of automotive to avoid the spread of coronavirus. This has hindered the growth of automotive fuel cells in 2020.
The 316 page report contains 424 tables, charts and graphs that add visual analysis in order to explain developing trends within the automotive fuel cell market. Visiongain provides $xyz million forecasts for the period 2020-2030 for the 2 leading automotive fuel cell submarkets, namely by type, PEMFC and SOFC.
To access the data contained in this document please email email@example.com
The 316 page report offers market forecasts and analysis for 17 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 10 companies leading the field in automotive fuel cell.
The Global Automotive Fuel Cell Market 2020-2030 report will be of value to anyone who wants to better understand the automotive fuel cell market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the automotive fuel cell industry.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 20 7549 9987.
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Rising vehicle demand especially in developing economies such as China and India; rising adoption of autonomous vehicles, growing IoT; and other economic factors; are estimated to increase the adoption of biometric vehicle access technologies in passenger vehicles segment
24 May 2021
Factors such as increasing public support for the protection of the environment, increased need to reduce air pollution & safeguard public health, and surge in automobile production are some of the major factors driving the market growth.
06 May 2021
Continuous growth in demand towards connectivity solutions for vehicles and increased government initiatives & support for the development of automotive telematics solutions are some of the major factors driving the market growth.
06 May 2021
Factors such as government regulations regarding safety features, Companies focusing on reducing delivery and vehicle maintenance cost, shortage of drivers, rise in road accidents and efficient yet feature rich modern trucks drives the semi-autonomous and autonomous truck market.