Deerfield Beach, FL -- (SBWIRE) -- 02/16/2016 -- Fuel Cell Electric Vehicles Market Outlook - Global Trends, Forecast, and Opportunity Assessment (2014-2022)

The Global Fuel Cell Electric Vehicles market is accounted for $70.24 billion in 2014 and is expected to reach $ 138.46 billion by 2022 growing at a CAGR of 8.85%. Attention towards fuel cell electric vehicles is increasing after the decades of nominal insolence caused by high costs and lack of hydrogen infrastructure. The market is also affected by numerous other challenges. Commercialization is anticipated to accelerate the market in the beginning of 2015. The sales of fuel cell electric vehicles is expected to rise in areas wherever investments on hydrogen infrastructure are being made such as New York City, California in United States, South Korea, Scandinavia, China, Japan and Germany.

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Asia Pacific commanded the largest market for fuel cell electric vehicles and is expected to account for more than 50% share during the forecast period. Whereas Europe is expected to grow at the highest CAGR during the forecast period. The key players of the market include Honda, Hyundai, Nissan, Toyota, BMW, Ford, Mercedes, Porsche and Proton Motor Fuel Cell.

Types of Fuel Cell Electric Vehicles Covered:
- Commercial/Industrial
- Passenger Vehicles
- Buses
- Scooters
- Low-Velocity Vehicles
- Others

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Fuel Cell Electric Vehicles Power Source Covered:
- Fuel Cell Power Source
- Exotic Power Source
- Battery-Powered Source

Configuration Covered:
- Plug-In Hybrid Electric Vehicle
- Pure Electric Vehicle
- Hybrid Electric Vehicle

Regions Covered:
- North America
o US
o Canada
- Europe
o Germany
o France
o Italy
o UK
o Spain
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia
- Rest of the World
o Latin America
o Middle East
o Africa
o Others

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