Hydrogen Fuel Cell Vehicle Market Size, Growth, Top Companies and Forecast 2022-27
The latest research study " Hydrogen Fuel Cell Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 " by IMARC Group, finds that the global hydrogen fuel cell vehicle market share reached US$ 740.1 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 8,535.23 Million by 2027, exhibiting a growth rate (CAGR) of 47.50% during 2022-2027. Hydrogen fuel cell vehicles (FCVs) refer to electric vehicles (EVs) that utilize an electric motor to power the wheels instead of an internal combustion engine. They comprise a battery pack, direct current (DC) converter, electric traction motor, battery, fuel cell stack, filler, power electronics controller, thermal system, and transmission. Hydrogen FCVs rely on hydrogen (H2) gas in the fuel tank of cars and oxygen (O2) in the air to generate electricity with water and heat as byproducts. Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.c