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HYDROGEN FUEL CELL VEHICLE MARKET ANALYSIS

Hydrogen Fuel Cell Vehicle Market, By Vehicle Type (Passenger Vehicle, Commercial Vehicle), By Technology (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cell, and Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Regional Analysis

Global Hydrogen Fuel Cell Vehicle Market: Regional Insights

North America is anticipated to exhibit promising growth in the global hydrogen fuel cell vehicle market over the forecast period. The region is witnessing high rate of investments on advanced technology in order to obtain better transportation. Moreover, the concerns regarding impact of emission of harmful air pollutants on environment are also on rise in the region. This factor along with presence of major market players is expected to support growth of the global hydrogen fuel cell vehicle market over the forecast period.

Moreover, Asia Pacific is also projected to dominate the global hydrogen fuel cell vehicle market over the forecast period. As the region is witnessing rise in number of government initiatives to enhance hydrogen fuel cell infrastructure, the market is likely to show strong growth in the region. Along with this, robust presence of major market players of HFCV OEMs in the region is also anticipated to support growth of this market in Asia Pacific region.

Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa

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