The “Global Market for Hydrogen Fueling Stations, 2021” report has been added to ResearchAndMarkets.com’s offering.
This is a comprehensive global study of the current state and the future prognosis of passenger hydrogen fuel cell vehicles (FCVs). The study is based on several years of research that the publisher has been conducting on this burgeoning market.
The study analyzes the market and provides an in-depth discussion on the uptake of these vehicles. The study analyzes FCV rollout strategies of vendors that are involved or have interest in this burgeoning market. The study provides detailed forecasts for hydrogen fuel cell vehicles sales and revenue through the year 2035.
Over 27,500 hydrogen fuel cell vehicles were sold by year-end 2020 since their sales first began, even though the sales were constrained by the absence of a robust hydrogen fueling infrastructure. More than 19 million passenger hydrogen fuel cell vehicles will be sold or leased by 2035. This includes the fuel cell vehicles that have already been sold.
🔥 What about we co-host a webinar? Let's educate, captivate, and convert the hydrogen economy!
Hydrogen Central is the global go-to online magazine for the hydrogen economy, we can help you host impactful webinars that become a global reference on your topic and are an evergreen source of leads. Click here to request more details
Over 8,500 passenger fuel cell vehicles were sold in 2020, the highest annual sales compared to any of the previous years. The 2020 sales bucked the severe downturn experienced by the automobile industry due to COVID-19. The sales of passenger hydrogen fuel vehicles are poised for a rapid pickup in 2021. The sales are being driven by the gradual emergence of a substantial hydrogen fueling infrastructure in several major markets.
Technological and marketplace developments are causing a market push in three segments of hydrogen fuel cell market. These segments are passenger cars and SUVs, light commercial vehicles, and heavy-duty trucks and buses. Developments in each of these segments is creating synergies that are driving down the costs of components and infrastructure.
At least a dozen automakers are poised to enter the market over the next few years. BMW plans to launch a fuel cell sedan and Jaguar Land Rover intends enter the market with large fuel cell SUVs. These automakers will join Honda, Toyota, Hyundai, and SAIC who are already selling hydrogen fuel cell vehicles.
For more information about this report visit https://www.researchandmarkets.com/r/af9nb3
READ the latest news shaping the hydrogen market at Hydrogen Central
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Global Hydrogen Fueling Stations Market 2021: At Least a Dozen Automakers are Poised to Enter the Market Over the Coming Years, Jun 25, 2021
