The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Hybrid and Fuel Cell Vehicle-Global Market Insights and Sales Trends 2025
Synopsis
Fuel Cell Electric Vehicles or Fuel Cell Vehicles is a type of vehicle which uses a fuel cell to power its on-board electric motor. Fuel cells in vehicles create electricity to power an electric motor, generally using oxygen from the air and compressed hydrogen. They are more efficient than conventional internal combustion engine vehicles and produce no harmful tailpipe exhaust—they emit water vapor and warm air.
The global Hybrid and Fuel Cell Vehicle market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Hybrid and Fuel Cell Vehicle in various end use industries. The expanding demands from the Public Lease and Sales, are propelling Hybrid and Fuel Cell Vehicle market. Passenger Vehicles, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Commercial Vehicles segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hybrid and Fuel Cell Vehicle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hybrid and Fuel Cell Vehicle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hybrid and Fuel Cell Vehicle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hybrid and Fuel Cell Vehicle sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hybrid and Fuel Cell Vehicle covered in this report include Honda, Hyundai, Toyota Mirai, SAIC, Yutong and Foton, etc.
The global Hybrid and Fuel Cell Vehicle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Honda
Hyundai
Toyota Mirai
SAIC
Yutong
Foton
Global Hybrid and Fuel Cell Vehicle market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hybrid and Fuel Cell Vehicle market, Segment by Type:
Passenger Vehicles
Commercial Vehicles
Global Hybrid and Fuel Cell Vehicle market, by Application
Public Lease
Sales
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hybrid and Fuel Cell Vehicle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hybrid and Fuel Cell Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Fuel Cell Electric Vehicles or Fuel Cell Vehicles is a type of vehicle which uses a fuel cell to power its on-board electric motor. Fuel cells in vehicles create electricity to power an electric motor, generally using oxygen from the air and compressed hydrogen. They are more efficient than conventional internal combustion engine vehicles and produce no harmful tailpipe exhaust—they emit water vapor and warm air.
The global Hybrid and Fuel Cell Vehicle market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Hybrid and Fuel Cell Vehicle in various end use industries. The expanding demands from the Public Lease and Sales, are propelling Hybrid and Fuel Cell Vehicle market. Passenger Vehicles, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Commercial Vehicles segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hybrid and Fuel Cell Vehicle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hybrid and Fuel Cell Vehicle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hybrid and Fuel Cell Vehicle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hybrid and Fuel Cell Vehicle sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hybrid and Fuel Cell Vehicle covered in this report include Honda, Hyundai, Toyota Mirai, SAIC, Yutong and Foton, etc.
The global Hybrid and Fuel Cell Vehicle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Honda
Hyundai
Toyota Mirai
SAIC
Yutong
Foton
Global Hybrid and Fuel Cell Vehicle market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hybrid and Fuel Cell Vehicle market, Segment by Type:
Passenger Vehicles
Commercial Vehicles
Global Hybrid and Fuel Cell Vehicle market, by Application
Public Lease
Sales
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hybrid and Fuel Cell Vehicle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hybrid and Fuel Cell Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Hybrid and Fuel Cell Vehicle Market Overview
1.1 Hybrid and Fuel Cell Vehicle Product Overview
1.2 Hybrid and Fuel Cell Vehicle Market Segment by Type
1.2.1 Passenger Vehicles
1.2.2 Commercial Vehicles
1.3 Global Hybrid and Fuel Cell Vehicle Market Size by Type
1.3.1 Global Hybrid and Fuel Cell Vehicle Market Size Overview by Type (2018-2029)
1.3.2 Global Hybrid and Fuel Cell Vehicle Historic Market Size Review by Type (2018-2023)
1.3.3 Global Hybrid and Fuel Cell Vehicle Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Hybrid and Fuel Cell Vehicle Sales Breakdown by Type (2018-2023)
1.4.2 Europe Hybrid and Fuel Cell Vehicle Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Hybrid and Fuel Cell Vehicle Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Hybrid and Fuel Cell Vehicle Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Hybrid and Fuel Cell Vehicle Sales Breakdown by Type (2018-2023)
2 Global Hybrid and Fuel Cell Vehicle Market Competition by Company
2.1 Global Top Players by Hybrid and Fuel Cell Vehicle Sales (2018-2023)
2.2 Global Top Players by Hybrid and Fuel Cell Vehicle Revenue (2018-2023)
2.3 Global Top Players by Hybrid and Fuel Cell Vehicle Price (2018-2023)
2.4 Global Top Manufacturers Hybrid and Fuel Cell Vehicle Manufacturing Base Distribution, Sales Area, Product Type
2.5 Hybrid and Fuel Cell Vehicle Market Competitive Situation and Trends
2.5.1 Hybrid and Fuel Cell Vehicle Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Hybrid and Fuel Cell Vehicle Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Hybrid and Fuel Cell Vehicle as of 2022)
2.7 Date of Key Manufacturers Enter into Hybrid and Fuel Cell Vehicle Market
2.8 Key Manufacturers Hybrid and Fuel Cell Vehicle Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Hybrid and Fuel Cell Vehicle Status and Outlook by Region
3.1 Global Hybrid and Fuel Cell Vehicle Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Hybrid and Fuel Cell Vehicle Historic Market Size by Region
3.2.1 Global Hybrid and Fuel Cell Vehicle Sales in Volume by Region (2018-2023)
3.2.2 Global Hybrid and Fuel Cell Vehicle Sales in Value by Region (2018-2023)
3.2.3 Global Hybrid and Fuel Cell Vehicle Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Hybrid and Fuel Cell Vehicle Forecasted Market Size by Region
3.3.1 Global Hybrid and Fuel Cell Vehicle Sales in Volume by Region (2024-2029)
3.3.2 Global Hybrid and Fuel Cell Vehicle Sales in Value by Region (2024-2029)
3.3.3 Global Hybrid and Fuel Cell Vehicle Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Hybrid and Fuel Cell Vehicle by Application
4.1 Hybrid and Fuel Cell Vehicle Market Segment by Application
4.1.1 Public Lease
4.1.2 Sales
4.2 Global Hybrid and Fuel Cell Vehicle Market Size by Application
4.2.1 Global Hybrid and Fuel Cell Vehicle Market Size Overview by Application (2018-2029)
4.2.2 Global Hybrid and Fuel Cell Vehicle Historic Market Size Review by Application (2018-2023)
4.2.3 Global Hybrid and Fuel Cell Vehicle Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Hybrid and Fuel Cell Vehicle Sales Breakdown by Application (2018-2023)
4.3.2 Europe Hybrid and Fuel Cell Vehicle Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Hybrid and Fuel Cell Vehicle Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Hybrid and Fuel Cell Vehicle Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Hybrid and Fuel Cell Vehicle Sales Breakdown by Application (2018-2023)
5 North America Hybrid and Fuel Cell Vehicle by Country
5.1 North America Hybrid and Fuel Cell Vehicle Historic Market Size by Country
5.1.1 North America Hybrid and Fuel Cell Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Hybrid and Fuel Cell Vehicle Sales in Volume by Country (2018-2023)
5.1.3 North America Hybrid and Fuel Cell Vehicle Sales in Value by Country (2018-2023)
5.2 North America Hybrid and Fuel Cell Vehicle Forecasted Market Size by Country
5.2.1 North America Hybrid and Fuel Cell Vehicle Sales in Volume by Country (2024-2029)
5.2.2 North America Hybrid and Fuel Cell Vehicle Sales in Value by Country (2024-2029)
6 Europe Hybrid and Fuel Cell Vehicle by Country
6.1 Europe Hybrid and Fuel Cell Vehicle Historic Market Size by Country
6.1.1 Europe Hybrid and Fuel Cell Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Hybrid and Fuel Cell Vehicle Sales in Volume by Country (2018-2023)
6.1.3 Europe Hybrid and Fuel Cell Vehicle Sales in Value by Country (2018-2023)
6.2 Europe Hybrid and Fuel Cell Vehicle Forecasted Market Size by Country
6.2.1 Europe Hybrid and Fuel Cell Vehicle Sales in Volume by Country (2024-2029)
6.2.2 Europe Hybrid and Fuel Cell Vehicle Sales in Value by Country (2024-2029)
7 Asia-Pacific Hybrid and Fuel Cell Vehicle by Region
7.1 Asia-Pacific Hybrid and Fuel Cell Vehicle Historic Market Size by Region
7.1.1 Asia-Pacific Hybrid and Fuel Cell Vehicle Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Hybrid and Fuel Cell Vehicle Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Hybrid and Fuel Cell Vehicle Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Hybrid and Fuel Cell Vehicle Forecasted Market Size by Region
7.2.1 Asia-Pacific Hybrid and Fuel Cell Vehicle Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Hybrid and Fuel Cell Vehicle Sales in Value by Region (2024-2029)
8 Latin America Hybrid and Fuel Cell Vehicle by Country
8.1 Latin America Hybrid and Fuel Cell Vehicle Historic Market Size by Country
8.1.1 Latin America Hybrid and Fuel Cell Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Hybrid and Fuel Cell Vehicle Sales in Volume by Country (2018-2023)
8.1.3 Latin America Hybrid and Fuel Cell Vehicle Sales in Value by Country (2018-2023)
8.2 Latin America Hybrid and Fuel Cell Vehicle Forecasted Market Size by Country
8.2.1 Latin America Hybrid and Fuel Cell Vehicle Sales in Volume by Country (2024-2029)
8.2.2 Latin America Hybrid and Fuel Cell Vehicle Sales in Value by Country (2024-2029)
9 Middle East and Africa Hybrid and Fuel Cell Vehicle by Country
9.1 Middle East and Africa Hybrid and Fuel Cell Vehicle Historic Market Size by Country
9.1.1 Middle East and Africa Hybrid and Fuel Cell Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Hybrid and Fuel Cell Vehicle Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Hybrid and Fuel Cell Vehicle Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Hybrid and Fuel Cell Vehicle Forecasted Market Size by Country
9.2.1 Middle East and Africa Hybrid and Fuel Cell Vehicle Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Hybrid and Fuel Cell Vehicle Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Honda
10.1.1 Honda Company Information
10.1.2 Honda Introduction and Business Overview
10.1.3 Honda Hybrid and Fuel Cell Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Honda Hybrid and Fuel Cell Vehicle Products Offered
10.1.5 Honda Recent Development
10.2 Hyundai
10.2.1 Hyundai Company Information
10.2.2 Hyundai Introduction and Business Overview
10.2.3 Hyundai Hybrid and Fuel Cell Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hyundai Hybrid and Fuel Cell Vehicle Products Offered
10.2.5 Hyundai Recent Development
10.3 Toyota Mirai
10.3.1 Toyota Mirai Company Information
10.3.2 Toyota Mirai Introduction and Business Overview
10.3.3 Toyota Mirai Hybrid and Fuel Cell Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Toyota Mirai Hybrid and Fuel Cell Vehicle Products Offered
10.3.5 Toyota Mirai Recent Development
10.4 SAIC
10.4.1 SAIC Company Information
10.4.2 SAIC Introduction and Business Overview
10.4.3 SAIC Hybrid and Fuel Cell Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.4.4 SAIC Hybrid and Fuel Cell Vehicle Products Offered
10.4.5 SAIC Recent Development
10.5 Yutong
10.5.1 Yutong Company Information
10.5.2 Yutong Introduction and Business Overview
10.5.3 Yutong Hybrid and Fuel Cell Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Yutong Hybrid and Fuel Cell Vehicle Products Offered
10.5.5 Yutong Recent Development
10.6 Foton
10.6.1 Foton Company Information
10.6.2 Foton Introduction and Business Overview
10.6.3 Foton Hybrid and Fuel Cell Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Foton Hybrid and Fuel Cell Vehicle Products Offered
10.6.5 Foton Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Hybrid and Fuel Cell Vehicle Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Hybrid and Fuel Cell Vehicle Industrial Chain Analysis
11.4 Hybrid and Fuel Cell Vehicle Market Dynamics
11.4.1 Hybrid and Fuel Cell Vehicle Industry Trends
11.4.2 Hybrid and Fuel Cell Vehicle Market Drivers
11.4.3 Hybrid and Fuel Cell Vehicle Market Challenges
11.4.4 Hybrid and Fuel Cell Vehicle Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Hybrid and Fuel Cell Vehicle Distributors
12.3 Hybrid and Fuel Cell Vehicle Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Automotive Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
