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