Fuel Cell Commercial Vehicle Market will Accelerate at a CAGR of about 45% through 2020-2024 | Size, Share, Trends, Analysis and Forecast | Research Report by Technavio
LONDON--(BUSINESS WIRE)--Nov 5, 2020--
Technavio has been monitoring the fuel cell commercial vehicle market and it is poised to grow by 20.14 th units during 2020-2024, progressing at a CAGR of about 45% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Fuel Cell Commercial Vehicle Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AB Volvo, Ashok Leyland Ltd., CNH Industrial NV, Daimler AG, Hyundai Motor Co., Nikola Corp., PACCAR Inc., Tata Motors Ltd., Toyota Motor Corporation, and Volkswagen AG are some of the major market participants. Although the awareness about the benefits of green energy vehicles will offer immense growth opportunities, shortage of hydrogen fuel stations will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Fuel Cell Commercial Vehicle Market 2020-2024 : Segmentation
Fuel Cell Commercial Vehicle Market is segmented as below:
- MCVs And HCVs
- North America
- South America
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Fuel Cell Commercial Vehicle Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our fuel cell commercial vehicle market report covers the following areas:
- Fuel Cell Commercial Vehicle Market size
- Fuel Cell Commercial Vehicle Market trends
- Fuel Cell Commercial Vehicle Market industry analysis
This study identifies a growing focus toward the development of ethanol-based fuel cell technology as one of the prime reasons driving the fuel cell commercial vehicle market growth during the next few years.
Fuel Cell Commercial Vehicle Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the fuel cell commercial vehicle market, including some of the vendors such as AB Volvo, Ashok Leyland Ltd., CNH Industrial NV, Daimler AG, Hyundai Motor Co., Nikola Corp., PACCAR Inc., Tata Motors Ltd., Toyota Motor Corporation, and Volkswagen AG. Backed with competitive intelligence and benchmarking, our research reports on the fuel cell commercial vehicle market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Fuel Cell Commercial Vehicle Market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist fuel cell commercial vehicle market growth during the next five years
- Estimation of the fuel cell commercial vehicle market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the fuel cell commercial vehicle market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of fuel cell commercial vehicle market vendors
Table Of Contents :
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- MCVs and HCVs - Market size and forecast 2019-2024
- LCVs - Market size and forecast 2019-2024
- Market opportunity by Type
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- AB Volvo
- Ashok Leyland Ltd.
- CNH Industrial NV
- Daimler AG
- Hyundai Motor Co.
- Nikola Corp.
- PACCAR Inc.
- Tata Motors Ltd.
- Toyota Motor Corp.
- Volkswagen AG
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE: Technavio Research
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PUB: 11/05/2020 06:00 PM/DISC: 11/05/2020 06:00 PM