Automotive Hydrogen Fuel Cell Market, Global Outlook and Forecast 2023-2028

Report ID: 1185050 | Published Date: Feb 2026 | No. of Page: 112 | Base Year: 2025 | Rating: 3.8 | Webstory: Check our Web story

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Automotive Hydrogen Fuel Cell is an electrochemical cell that converts the chemical energy of a fuel (often hydrogen) and an oxidizing agent (often oxygen) into electricity through a pair of redox reactions and used in vehicles.
This report contains market size and forecasts of Automotive Hydrogen Fuel Cell in global, including the following market information:
Global Automotive Hydrogen Fuel Cell Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Hydrogen Fuel Cell Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Hydrogen Fuel Cell companies in 2021 (%)
The global Automotive Hydrogen Fuel Cell market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
PEMFC Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Hydrogen Fuel Cell include Plug Power, Ballard, Nuvera Fuel Cells, Hydrogenics, Sunrise Power, Panasonic, Vision Group, Nedstack PEM Fuel Cells and Shenli Hi-Tech, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Hydrogen Fuel Cell manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Hydrogen Fuel Cell Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Hydrogen Fuel Cell Market Segment Percentages, by Type, 2021 (%)
PEMFC
DMFC
Others
Global Automotive Hydrogen Fuel Cell Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Hydrogen Fuel Cell Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Hydrogen Fuel Cell Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Hydrogen Fuel Cell Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Hydrogen Fuel Cell revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Hydrogen Fuel Cell revenues share in global market, 2021 (%)
Key companies Automotive Hydrogen Fuel Cell sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Hydrogen Fuel Cell sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Plug Power
Ballard
Nuvera Fuel Cells
Hydrogenics
Sunrise Power
Panasonic
Vision Group
Nedstack PEM Fuel Cells
Shenli Hi-Tech
Altergy Systems
Horizon Fuel Cell Technologies
Foresight
Oorja Protonics
SerEnergy
SFC Energy

Frequently Asked Questions
Automotive Hydrogen Fuel Cell Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Automotive Hydrogen Fuel Cell Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Automotive Hydrogen Fuel Cell Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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