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[English Market Research Report] Global Market for Fuel Cells in Automobiles

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The global market size for automotive fuel cells is projected to grow from 25,000 units in 2022 to 724,000 units by 2030, at a CAGR of 52.4%. The increasing demand for zero-emission commercial freight trucks and buses is accelerating the growth of fuel cell vehicles (FCVs) capable of long-distance travel. Additionally, the rapid development of hydrogen infrastructure worldwide is expected to gradually increase the demand for fuel cell electric vehicles (FCEVs). Technological innovations in fuel cell components are enabling extended range and high-output engines for FCEVs. As a result, changes in demand for FCEVs are anticipated in the coming years. This report analyzes the global automotive fuel cell market, examining the basic structure of the market, the latest developments, key market drivers and restraints, market trends by vehicle type, component type, type of special vehicles, range, power output, fuel type, hydrogen fueling points, fuel cell type, and region, as well as the state of market competition and profiles of major companies.

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