Fuel Cell Vehicles Market Size Worth $6.05Bn, Globally, by 2028 at 40.1% CAGR - Exclusive Report by The Insight Partners

The Fuel Cell Vehicles Market Size, Growth driven by increasing demand for clean energy and declining cost of green hydrogen. The PEMFC segment led the global market with a share of more than 99% in 2020. APAC to register highest CAGR in the global market during 2021–2028.

NEW YORK, Feb. 7, 2022 /PRNewswire/ -- According to the new market research report "Fuel Cell Vehicles Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Electrolyte (PEMFC and PAFC), Power Output (Less than 100 kW, 100–200 kW, and Above 200 kW), and Vehicle Type (Passenger Car, Buses, Trucks, and Light Commercial Vehicles)", published by The Insight Partners, the global fuel cell vehicles market is projected to reach $6,051.17 million by 2028 from $570.43 million in 2021; it is estimated to register a CAGR of 40.1% during 2021–2028.