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.
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