QYR Market Research Global Hydrogen Vehicle market research | Page 5

QYResearch
United States and Europe account for 50% and 10%
market share in 2016 respectively. As developed
region, the growth rate of Hydrogen Vehicle are as
high as less than 40%. On the other hand, the
development speed of Hydrogen Vehicle in China
and other Asian countries is relatively high. Besides,
China also have larger consumption market with
market share of 7%. The production region is
mainly concentrated in Japan, Korea and China.