According to the research report, the global electricand fuel cell truck market size is expected to touch USD 43.7 Billion by 2030, from USD 1.93 Billion in 2021, growing with a significant CAGR of 41.43% from 2022 to 2030.
The electric and fuel cell truck market report
offers a comprehensive study of the current state expected at the major
drivers, market strategies, and key vendors’ growth. The report presents
energetic visions to conclude and study the market size, market hopes, and
competitive surroundings. The research also focuses on the important
achievements of the market, research & development, and regional growth of
the leading competitors operating in the market. The current trends of the
global electric and fuel cell truck market in conjunction with the geographical
landscape of this vertical have also been included in this report.
The report offers intricate dynamics about
different aspects of the global electric and fuel cell truck market, which aids
companies operating in the market in making strategic development decisions.
The study also elaborates on significant changes that are highly anticipated to
configure growth of the global electric and fuel cell truck market during the
forecast period. It also includes a key indicator assessment that highlights
growth prospects of this market and estimates statistics related to growth of
the market in terms of value (US$ Mn) and volume (tons).
Sample Link https://www.precedenceresearch.com/sample/2134
| Report Coverage | Details |
| Market Size in 2022 | USD 2.73 Billion |
| Market Size by 2030 | USD 43.7 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 41.43% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Type, Power Rating, Vehicles, and Geography |
This study covers a detailed segmentation
of the global electric and fuel cell truck market, along with key information
and a competition outlook. The report mentions company profiles of players that
are currently dominating the global electric and fuel cell truck market,
wherein various developments, expansions, and winning strategies practiced and
implemented by leading players have been presented in detail.
Key Players
- Nuvera Fuel Cells, LLC
- ITM Power
- Delphi Technologies
- Hydrogenics
- Toshiba
- Dialmer AG
- American Honda Motor Company
- Plug Power
- Nedtack Fuel Cell Technology
- Nissan Motor Corporation
- Toyota Motor Company
- Hyundai Motor Company
- Ballard Power Systems
- W.L. Gore and Associates
- Bing Energy
- Hauzer Techno Coating B.V.
- Sinocat Environmental Technology Co, Ltd
- Wuhan Tiger FCV
- Valmet Automotive
- Symbio
- StreetScooter
- Ceres Power
- AVL
- Bosch
- ElringKlinger
- Faurecia
- FEV Group GmbH
- Inteligent Energy
- Continental Industries
- Wystrach
- Wind2Gas Energy GmbH & Co KG
- UQM Technologies
- Umicore
Market Segmentation
- Phosphoric Acid Fuel Cell
- Proton Exchange Menbrance Fuel Cell
- Others
By Power Rating
- Below 100 kW
- 100 - 200 kW
- Above 200kW
By Vehicles
- Light Commercial Vehicles
- Passenger Vehicles
- Bus
- Trucks
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
Research Methodology
The research methodology adopted by
analysts for compiling the global electric and fuel cell truck market report is
based on detailed primary as well as secondary research. With the help of
in-depth insights of the market-affiliated information that is obtained and
legitimated by market-admissible resources, analysts have offered riveting
observations and authentic forecasts for the global market.
During the primary research phase, analysts
interviewed market stakeholders, investors, brand managers, vice presidents,
and sales and marketing managers. Based on data obtained through interviews of
genuine resources, analysts have emphasized the changing scenario of the global
market.
For secondary research, analysts
scrutinized numerous annual report publications, white papers, market association
publications, and company websites to obtain the necessary understanding of the
global electric and fuel cell truck market.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Electric and Fuel Cell Truck Market
5.1. COVID-19 Landscape: Electric and Fuel Cell Truck Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Electric and Fuel Cell Truck Market, By Type
8.1. Electric and Fuel Cell Truck Market, by Type, 2022-2030
8.1.1 Phosphoric Acid Fuel Cell
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Proton Exchange Menbrance Fuel Cell
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Others
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Electric and Fuel Cell Truck Market, By Power Rating
9.1. Electric and Fuel Cell Truck Market, by Power Rating, 2022-2030
9.1.1. Below 100 kW
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. 100 - 200 kW
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Above 200kW
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Electric and Fuel Cell Truck Market, By Vehicles
10.1. Electric and Fuel Cell Truck Market, by Vehicles, 2022-2030
10.1.1. Light Commercial Vehicles
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Passenger Vehicles
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Bus
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Trucks
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Electric and Fuel Cell Truck Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Type (2017-2030)
11.1.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.1.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Type (2017-2030)
11.1.4.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.1.4.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Type (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Type (2017-2030)
11.2.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.2.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Type (2017-2030)
11.2.4.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.2.4.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Type (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Type (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Type (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Type (2017-2030)
11.3.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.3.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Type (2017-2030)
11.3.4.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.3.4.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Type (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Type (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Type (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Type (2017-2030)
11.4.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.4.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Type (2017-2030)
11.4.4.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.4.4.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Type (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Type (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Type (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Type (2017-2030)
11.5.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.5.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Type (2017-2030)
11.5.4.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.5.4.3. Market Revenue and Forecast, by Vehicles (2017-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Type (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Power Rating (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Vehicles (2017-2030)
Chapter 12. Company Profiles
12.1. Nuvera Fuel Cells, LLC
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. ITM Power
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Delphi Technologies
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Hydrogenics
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Toshiba
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Dialmer AG
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. American Honda Motor Company
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Plug Power
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Nedtack Fuel Cell Technology
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Nedtack Fuel Cell Technology
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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