Asia pacific is projected to be the fastest growing regional market for automotive fuel
cell
Asia pacific represents the biggest market for green technologies in the world. The
governments are setting renewable energy targets, backed by favorable policies such as the
kyoto protocol. Currently, the largest markets for fuel cells in asia pacific are japan and south
korea. This has been the dominant region for fuel cell adoption since 2009 due to the
commercial deployment of japanese fuel cell micro-chp products. Japan, the first nation to
commercialize fuel cells, is supporting a project on residential and automotive applications.
Asia pacific is projected to be the largest market for automotive fuel cell by 2025 due to the
high acceptance of electric vehicles, increasing hydrogen infrastructure, and
commercialization of fuel cells in the countries in this region.