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Global Fuel Cell Market Boom After 2020 and Worth RMB328.1 Billion in 2025
June 19, 2019, 12:00 PM GMT+2
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Global Fuel Cell Market Boom After 2020 and Worth RMB328.1 Billion in 2025
PR Newswire
PUNE, India, June 19, 2019
PUNE, India, June 19, 2019 /PRNewswire/ -- Global Fuel Cell Industry Chain
Report, 2019-2025 New Research Report added in ReportsnReports. The thriving
research on fuel cell is a result of global fossil fuel resources to be
exhausted within a century. Hydrogen fuel cell as a kind of renewable resource
has plenty of merits: (1) an energy conversion efficiency of as high as
50%-60%; (2) zero pollution, zero emission; (3) modular design, low
maintenance cost; (4) many ways to produce hydrogen fuel since hydrogen is the
most fundamental element in nature.
Browse Complete Report of Global Fuel Cell Market Research Report at
https://www.reportsnreports.com/reports/2322205-global-and-china-fuel-cell-industry-chain-report-2019-2025.html
Global total sales of hydrogen fuel cell vehicles including passenger cars and
buses exceeded 10,000 units between 2013 and 2018. Global ownership of fuel
cell vehicles will surge to 5.01 million units in 2032 from 10,000 units in
2018, and sales revenue will soar from USD400 million in 2018 to USD255.2
billion in 2032, with accumulative total of USD1.2 trillion during the period.
Fuel cell vehicle will be the fastest-growing automobile market segment
worldwide before 2050.
Global Fuel Cell Market will be worth RMB328.1 billion in 2025, including
RMB2 billion of the portable type, RMB141.9 billion of the fixed type and
RMB184.2 billion of those for transport equipment. Fuel cell vehicle market
will boom after 2020.
By the end of 2018, there had been more than 13 cities in China working on
demonstration and promotion of fuel cell vehicles, including Yunfu City and
Foshan City in Guangdong, Chengdu in Sichuan, Shanghai, Beijing, Zhangjiakou
in Hebei, Xinbin Manchu Autonomous County in Liaoning, Wuhan in Hubei,
Zhengzhou in Henan, Rugao City, Yancheng City and Suzhou City in Jiangsu, and
Datong City in Shanxi. Vehicles piloted in these cities cover fuel cell buses,
fuel cell coaches, fuel cell light buses and fuel cell logistics vehicles.
Get Discount on this Research Report at
https://www.reportsnreports.com/contacts/discount.aspx?name=2322205
Among the 1,527 units of fuel cell vehicles sold in China in 2018, 1,418
units, or 93% of the total, were fuel cell buses; 109 units, or 7% of the
total, were fuel cell trucks. It can be seen that buses were the mainstream
product. In 2018, China's shipments of fuel cell stack for vehicles
approximated 50MW, and key suppliers were Sunrise Power Co., Ltd., Shanghai
Re-Fire Technology Co., Ltd., Bing Energy Inc. and Beijing SinoHytec Co.,
Ltd..
Fuel cell vehicle market will take off after 2020, with its annual sales
expected to post 3 million units around 2030.
Global and China Fuel Cell Industry Chain Report, 2019-2025 highlights the
following:
* Fuel cell (classification, applications and development trends);
* Global fuel cell industry (overview, patent, shipments, market size,
etc.);
* Fuel cell development in Japan, South Korea, Europe, the United States,
China, etc., and the gap between the Chinese market and the global market;
* Global fuel cell vehicle industry chain (including fuel cell system, cell
stack, components, hydrogen fuel, etc.) (mainstream suppliers, technology,
cost, etc.);
* 7 global fuel cell system manufacturers (operation, technology,
development plan, and output & sales);
* 10 Chinese fuel cell system manufacturers and 10 suppliers on the industry
chain (operation, technology, development plan, and output & sales).
Direct Purchase of this Research Report at
https://www.reportsnreports.com/purchase.aspx?name=2322205
Major Pointers from Table of Contents:
1. Overview of Fuel Cell
2. Global Fuel Cell Industry
3. Fuel Cell Industry in Major Countries
4. Fuel Cell Vehicle Industry Chain
5. Global Fuel Cell System Manufacturers
6. Chinese Fuel Cell System Manufacturers
7. Chinese Fuel Cell Supply Chain Manufacturers
Another Related Research Report Electric Vehicles Fuel Cell Market Insights
2019, Global and Chinese Analysis and Forecast to 2024 report provides key
statistics on the market status of the Electric Vehicles Fuel Cell
manufacturers and is a valuable source of guidance and direction for companies
and individuals interested in the industry. Overall, the report provides an
in-depth insight of 2014-2024 global and Chinese Electric Vehicles Fuel Cell
market covering all important parameters. The report includes global key
players of Electric Vehicles Fuel Cell as well as some small players. At least
17 companies are included:
- Johnson Controls- Plug Power- Ballard Power- AFCC- Delphi- HYGS and Others
Order a Copy of this Research Report at (Use Available Discount Coupon Code)
https://www.reportsnreports.com/purchase.aspx?name=2269758
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