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Automotive Fuel Cell Market Size, Share & Industry Analysis, By Type (Proton Exchange Membrane Fuel Cell (PEMFC), Phosphoric Acid Fuel Cell (PAFC), Others), By Power Rating (Below 100 kW, 100-200 kW, Above 200 kW), By Vehicles (Passenger Vehicles, Light Commercial Vehicles (LCVs), Bus, Trucks), and Regional Forecast, 2024-2032

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI101809

 


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ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2023

Estimated Year

2024

Forecast Period

2024-2032

Historical Period

2019-2022

Unit

Value (USD Billion) and Volume (Units)

Growth Rate

CAGR of 41.81% from 2024-2032

Segmentation

By Type

  • PEMFC
  • PAFC
  • Others

By Power Rating

  • Below 100 kW
  • 100 – 200 kW
  • Above 200 kW

By Vehicles

  • Passenger Vehicles
  • Light Commercial Vehicles (LCVs)
  • Bus
  • Trucks

By Region

  • North America (the U.S. and Canada)
  • Europe (U.K., Germany, France, Italy, Sweden, and the Rest of Europe)
  • Asia Pacific (China, South Korea, Japan, and the Rest of Asia Pacific)
  • Rest of the World
Automotive Fuel Cell Market
  • 2019-2032
  • 2023
  • 2019-2022
  • 160
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Mitsubishi Heavy Industries
Reliance
Rio Tinto
Schaffner
Shell
Sumitomo Precision Products
Total Energies SE

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