A fuel cell is a device that generates electricity by a chemical reaction. Automotive fuel cells 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.

Scope of the Report:
With increasing emission levels, the governments across the globe are focusing on promoting the adoption emission-free vehicles. Several countries around the world including the US and Germany are providing various incentives for fuel cell vehicle buyers. For instance, fuel cell vehicle buyers in Germany receive an incentive of about USD 4,450. Similarly, Japan also provides a purchase subsidy of about USD 19,740 for fuel cell vehicles. Additionally, countries such as China, Japan, South Korea, and the US are also focusing on developing hydrogen infrastructure. Such initiatives will increase the popularity and adoption of fuel cell vehicles, which will subsequently drive the growth of the fuel cells market for the automotive industry.
The leading manufactures mainly are Toyota, Honda, Hyundai, Ballard and Nedstack. Toyota is the largest manufacturer; its revenue of global market exceeds 78% in 2016, which main due to large sales of its fuel cell vehicle.
The worldwide market for Automotive Fuel Cells is expected to grow at a CAGR of roughly 15.8% over the next five years, will reach 750 million US$ in 2024, from 310 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Automotive Fuel Cells in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Market Segment by Manufacturers, this report covers :
Toyota
Honda
Hyundai
Ballard
Nedstack

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Hydrogen Fuel Cell
Other Fuel Cell

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Table of Contents
1 Market Overview
2 Manufacturers Profiles
3 Global Automotive Fuel Cells Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
4 Global Automotive Fuel Cells Market Analysis by Regions
5 North America Automotive Fuel Cells by Country
6 Europe Automotive Fuel Cells by Country
7 Asia-Pacific Automotive Fuel Cells by Country
8 South America Automotive Fuel Cells by Country
9 Middle East and Africa Automotive Fuel Cells by Countries
10 Global Automotive Fuel Cells Market Segment by Type
11 Global Automotive Fuel Cells Market Segment by Application
12 Automotive Fuel Cells Market Forecast (2019-2024)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix

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