Global Fuel Cell Commercial Vehicle Market 2021-2025

Global Fuel Cell Commercial Vehicle Market 2021-2025

Technavio has been monitoring the fuel cell commercial vehicle market and it is poised to grow by 43045.00 units during 2021-2025, decelerating at a CAGR of 76.49% during the forecast period. Our report on the fuel cell commercial vehicle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by decreasing fuel cell cost and favorable incentive programs for green energy vehicles. In addition, decreasing fuel cell cost is anticipated to boost the growth of the market as well.

The fuel cell commercial vehicle market analysis includes the type segment and geographic landscape.

Technavio's fuel cell commercial vehicle market is segmented as below:

  • By Type
  • MCVs and HCVs
  • LCVs
  • By Geography
  • China
  • ROW
This study identifies the stringent regulations to control emissionsas one of the prime reasons driving the fuel cell commercial vehicle market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on fuel cell commercial vehicle market covers the following areas:
  • Fuel cell commercial vehicle market sizing
  • Fuel cell commercial vehicle market forecast
  • Fuel cell commercial vehicle market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fuel cell commercial vehicle market vendors that include AB Volvo, CNH Industrial NV, Daimler AG, Hinduja Group Ltd., Hyundai Motor Group, Nikola Corp., PACCAR Inc., Porsche Automobil Holding SE, Tata Motors Ltd., and Toyota Motor Corp. Also, the fuel cell commercial vehicle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Automotive
      • Inputs
      • Inbound logistics
      • Automotive manufacturers
      • Distribution and logistics
      • Marketing and sales
      • Aftermarket and service
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2020 - 2025 (units)
        • Table Global market: Year-over-year growth 2020 - 2025 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2020 & 2025
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2020
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2020-2025 (%)
    • Comparison by Type
      • Table Comparison by Type
    • MCVs and HCVs - Market size and forecast 2020-2025
      • Table MCVs and HCVs - Market size and forecast 2020-2025 (units)
      • Table MCVs and HCVs - Year-over-year growth 2020-2025 (%)
    • LCVs - Market size and forecast 2020-2025
      • Table LCVs - Market size and forecast 2020-2025 (units)
      • Table LCVs - Year-over-year growth 2020-2025 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2020-2025 (%)
    • Geographic comparison
      • Table Geographic comparison
    • China - Market size and forecast 2020-2025
      • Table China - Market size and forecast 2020-2025 (units)
      • Table China - Year-over-year growth 2020-2025 (%)
    • ROW - Market size and forecast 2020-2025
      • Table ROW - Market size and forecast 2020-2025 (units)
      • Table ROW - Year-over-year growth 2020-2025 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography (units)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Decreasing fuel cell cost
      • Favorable incentive programs for green energy vehicles
        • Table Overview of tax credits
      • Stringent regulations to control emissions
    • Market challenges
      • Shortage of hydrogen fuel stations
      • Growing popularity of electric commercial vehicles
      • High adoption of flex-fuel vehicles
        • Table Impact of drivers and challenges
    • Market trends
      • Developments toward ethanol-based fuel cell technology
      • Development of liquid-cooled fuel cell stack for MCVs and HCVs
      • Growing demand for FCCVs for public and goods transportation
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
    • Competitive Scenario
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AB Volvo
      • Table AB Volvo – Overview
      • Table AB Volvo - Business segments
      • Table AB Volvo - Key news
      • Table AB Volvo - Key offerings
      • Table AB Volvo - Segment focus
    • CNH Industrial NV
      • Table CNH Industrial NV – Overview
      • Table CNH Industrial NV - Business segments
      • Table CNH Industrial NV - Key offerings
      • Table CNH Industrial NV - Segment focus
    • Daimler AG
      • Table Daimler AG – Overview
      • Table Daimler AG - Business segments
      • Table Daimler AG - Key offerings
      • Table Daimler AG - Segment focus
    • Hinduja Group Ltd.
      • Table Hinduja Group Ltd. – Overview
      • Table Hinduja Group Ltd. - Product and service
      • Table Hinduja Group Ltd. - Key offerings
    • Hyundai Motor Group
      • Table Hyundai Motor Group – Overview
      • Table Hyundai Motor Group - Business segments
      • Table Hyundai Motor Group - Key offerings
      • Table Hyundai Motor Group - Segment focus
    • Nikola Corp.
      • Table Nikola Corp. – Overview
      • Table Nikola Corp. - Product and service
      • Table Nikola Corp. - Key offerings
    • PACCAR Inc.
      • Table PACCAR Inc. – Overview
      • Table PACCAR Inc. - Business segments
      • Table PACCAR Inc. - Key news
      • Table PACCAR Inc. - Key offerings
      • Table PACCAR Inc. - Segment focus
    • Porsche Automobil Holding SE
      • Table Porsche Automobil Holding SE – Overview
      • Table Porsche Automobil Holding SE - Business segments
      • Table Porsche Automobil Holding SE - Key news
      • Table Porsche Automobil Holding SE - Key offerings
      • Table Porsche Automobil Holding SE - Segment focus
    • Tata Motors Ltd.
      • Table Tata Motors Ltd. – Overview
      • Table Tata Motors Ltd. - Business segments
      • Table Tata Motors Ltd. - Key news
      • Table Tata Motors Ltd. - Key offerings
      • Table Tata Motors Ltd. - Segment focus
    • Toyota Motor Corp.
      • Table Toyota Motor Corp. – Overview
      • Table Toyota Motor Corp. - Business segments
      • Table Toyota Motor Corp. - Key news
      • Table Toyota Motor Corp. - Key offerings
      • Table Toyota Motor Corp. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and Caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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