QYR Market Research Global automotive fuel cells market research | Page 4

QYResearch • The automotive fuel cells are expected to grow at a CAGR of 15.95% from 269.68 million USD in 2016 to reach 1021.90 million USD by 2025 in global market. The automotive fuel cells market is very concerted market; the revenue of top five manufacturers accounts about 98% of the total revenue in 2016. • The leading manufactures mainly are Toyota, Honda, Hyundai, Ballard and Nedstack. Toyota is the largest manufacturer; its revenue of global market exceeds 78% in 2016, which main due to large sales of its fuel cell vehicle. • Geographically, the global automotive fuel cells market has been segmented into North America, Europe, China, Japan, Korea and other. Japan held the largest share in the global automotive fuel cells sales market, its revenue of global market exceeds 82% in 2016. www.qyresearch.com