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市場調查報告書
商品編碼
1889423
燃料電池電動車市場預測至2032年:全球分析(按組件、燃料電池類型、功率輸出、車輛類型、續航里程、應用和地區分類)Fuel Cell Electric Vehicle Market Forecasts to 2032 - Global Analysis By Component, Fuel Cell Type, Power, Vehicle Type, Range, Application, and By Geography |
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根據 Stratistics MRC 的一項研究,預計到 2025 年,全球燃料電池電動車市場價值將達到 56 億美元,到 2032 年將達到 285 億美元。
預計在預測期內,燃料電池電動車的複合年成長率將達到26.2%。燃料電池電動車是指利用車載氫燃料電池發電,為電動馬達提供動力的車輛。它們包括轎車、巴士和卡車,以及相關的氫氣儲存、燃料電池堆和加氫基礎設施。燃料電池電動車的優勢包括零排放、與純電動車相比加氫速度更快、遠距,並且在重型遠距運輸領域具有巨大的脫碳潛力,而這些領域單獨使用電池則不太現實。
根據國際能源總署(IEA)的數據,中國約佔全球燃料電池商用車保有量和乘用車保有量的 95%。
強制性零排放交通
歐盟的「Fit for 55」計畫和加州的「先進清潔卡車」計畫等嚴格法規正迫使汽車製造商對零排放技術進行大規模投資。這些法規透過設定具體的銷售目標並對違規行為處以處罰,為燃料電池汽車創造了一個穩固且不斷成長的市場。這種監管壓力有助於製造商更安全地投資燃料電池電動車(FCEV),加速其研發和銷售,從而實現重要的環保目標並維持市場成長。
車輛價格高昂
燃料電池電動車(FCEV)的高昂前期成本仍然是其被消費者廣泛接受的主要障礙。這一成本主要源自於燃料電池堆本身的複雜設計以及用作催化劑的貴金屬(例如鉑)的高成本。此外,氫氣加註基礎設施的不足也導致氫氣生產和運輸成本居高不下,最終轉嫁給消費者。在氫氣生產規模擴大、實現規模經濟以及氫氣供應鏈成熟之前,燃料電池電動車在價格上難以與傳統電動車和電池式電動車競爭。
在商用車領域普及
燃料電池電動車(FCEV)最具發展潛力的領域是商用車產業,尤其是遠距貨運和車隊用車。與乘用車不同,這些應用需要快速加氫和遠距,這使得電池式電動車更具優勢。目前,大型物流和零售公司正在試行氫燃料卡車,以實現供應鏈脫碳。這種對商用車領域的關注將為擴大生產規模提供切實可行的途徑,進而降低整個燃料電池電動車生態系統的成本,並有助於在其他車輛細分市場中推廣應用。
與純電動車(BEV)的競爭
目前,純電動車(BEV)憑藉著更完善的充電基礎設施、更低的初始成本和更高的消費者認知度,享有顯著的領先優勢。此外,電池技術的不斷進步正在逐步削弱燃料電池電動車(FCEV)曾經擁有的續航里程優勢。這種對資金籌措和消費者關注的激烈競爭,可能會使燃料電池技術在零排放交通市場站穩腳跟之前就被邊緣化。
疫情初期,燃料電池電動車(FCEV)市場受到衝擊,供應鏈受阻,多款車型上市和基礎設施計劃被迫延長。工廠停工和物流挑戰減緩了生產進度。然而,這場危機也扮演了催化劑的作用,許多政府將包括氫能在內的清潔能源技術納入經濟復甦獎勵策略。這些舉措重新激發了各國對發展綠氫能經濟的政治和財政承諾,並有望加速燃料電池電動車的長期成長,儘管在全球衛生危機高峰期遭遇了短期挫折。
預計在預測期內,燃料電池堆細分市場將佔據最大的市場佔有率。
預計在整個預測期內,燃料電池堆將佔據最大的市場佔有率,因為它是燃料電池電動車 (FCEV) 的關鍵部件,負責電化學發電,使其成為最重要且成本最高的子系統。材料成本高昂,尤其是鉑基催化劑和先進薄膜材料,以及複雜的製造流程等因素,都促成了其主導地位。隨著 FCEV 產量擴大以滿足日益成長的零排放重型運輸需求,預計燃料電池堆將貢獻最大的收入佔有率。
預計在預測期內,功率超過200kW的細分市場將實現最高的複合年成長率。
預計在預測期內,200kW以上的燃料電池細分市場將實現最高成長率。這項快速成長與燃料電池技術在重型應用領域的加速普及直接相關。遠距卡車和客車等商用車輛需要更高的功率輸出才能在遠距中承載重物。隨著製造商將目光聚焦於這個高成長細分市場,預計對這些高功率燃料電池系統的需求將顯著超過專為乘用車設計的低功率系統。
預計亞太地區將在預測期內佔據最大的市場佔有率。韓國和日本雄心勃勃的國家氫能策略,以及主要汽車製造商的大力投資,鞏固了其主導地位。中國對氫氣生產的巨額投資及其龐大的商用車市場進一步鞏固了該地區的主導地位。政府的大力支持,以及行業領導者和政策制定者之間的積極合作,為燃料電池電動車(FCEV)的生產和應用創造了有利環境,鞏固了其作為全球市場領導者的地位。
預計北美地區在預測期內將實現最高的複合年成長率。這主要稅額扣抵。此外,貨運和物流行業,特別是加利福尼亞州和德克薩斯州,正在大力推進減少二氧化碳排放,推動了對高功率燃料電池電動車卡車的大規模投資和試點計劃。這些趨勢正在推動北美市場的成長。
According to Stratistics MRC, the Global Fuel Cell Electric Vehicle Market is accounted for $5.6 billion in 2025 and is expected to reach $28.5 billion by 2032, growing at a CAGR of 26.2% during the forecast period. The fuel cell electric vehicle covers vehicles that use hydrogen fuel cells to generate electricity on board and power electric motors. It includes passenger cars, buses, trucks, and related hydrogen storage, fuel cell stacks, and refueling infrastructure. Benefits include zero tailpipe emissions, fast refueling compared with battery EVs, long driving range, and strong potential to decarbonize heavy-duty and long-distance transport where batteries alone are less practical.
According to the IEA, China accounts for almost 95% of the world's fuel-cell commercial vehicle stock and fuel-cell commercial vehicles.
Zero-Emission Transportation Mandates
Stringent regulations, such as the European Union's 'Fit for 55' package and California's Advance Clean Trucks rule, are compelling automakers to invest heavily in zero-emission technologies. These mandates create a guaranteed, growing market for fuel cell vehicles by setting specific sales targets and implementing penalties for non-compliance. This pressure from regulations makes it safer for manufacturers to invest in fuel cell electric vehicles (FCEVs) and speeds up their development and sales to meet important environmental goals, helping to keep the market growing.
High Vehicle Cost
The significant upfront cost of FCEVs remains a major barrier to widespread consumer adoption. This expense is largely attributed to the complex engineering of the fuel cell stack itself and the high cost of precious metals like platinum used as catalysts. Additionally, the limited hydrogen refueling infrastructure leads to high hydrogen production and distribution costs, which are passed to the consumer. Until manufacturing scales up to achieve economies of scale and the hydrogen supply chain matures, FCEVs will struggle to reach price parity with both conventional and battery-electric vehicles.
Commercial Vehicle Adoption
The most promising growth vector for FCEVs lies in the commercial vehicle sector, particularly for long-haul trucking and fleet vehicles. Unlike passenger cars, these applications demand rapid refueling and extended range areas where FCEVs outperform battery-electric alternatives. Major logistics and retail companies are now piloting hydrogen-powered trucks to decarbonize their supply chains. This commercial focus provides a viable pathway for scaling production, which in turn will help drive down costs for the entire FCEV ecosystem and spur broader market acceptance across other vehicle segments.
Battery Electric Vehicle Competition
BEVs currently enjoy a substantial head start, with a more developed charging infrastructure, lower upfront costs, and greater consumer awareness. Continuous advancements in battery technology are also steadily eroding the range advantage once held by FCEVs. This strong competition for funding and consumer attention could push fuel cell technology to the sidelines before it has a chance to become a solid part of the zero-emission transportation market.
The pandemic initially disrupted the FCEV market by causing supply chain bottlenecks and delaying key vehicle launches and infrastructure projects. Factory shutdowns and logistical hurdles slowed manufacturing progress. However, the crisis also acted as a catalyst, as many governments incorporated support for clean energy technologies, including hydrogen, into their economic recovery stimulus packages. Such action has led to renewed political and financial commitment for developing the green hydrogen economy, potentially accelerating long-term FCEV growth despite the short-term setbacks experienced during the peak of the global health crisis.
The fuel cell stack segment is expected to be the largest during the forecast period
The fuel cell stack segment is anticipated to hold the largest market share throughout the forecast period, as it serves as the essential component of fuel cell electric vehicles (FCEVs), responsible for electrochemical power generation. This makes it the most critical and expensive subsystem. Factors such as high material costs, especially for platinum-based catalysts and advanced membranes, along with complex manufacturing processes, contribute to its dominant market share. As production of FCEVs ramps up to satisfy the increasing demand for zero-emission heavy-duty transport, the fuel cell stack segment is poised to capture the largest portion of revenue.
The above 200 kW segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the above 200 kW segment is predicted to witness the highest growth rate. The accelerating adoption of fuel cell technology in heavy-duty applications directly links to this surge. Commercial vehicles, such as long-haul trucks and buses, require much higher power outputs to handle heavy payloads over long distances. As manufacturers increasingly focus on this high-potential segment, the demand for these more powerful fuel cell systems will substantially outpace the growth of lower-power systems designed for passenger cars.
During the forecast period, the Asia Pacific region is expected to hold the largest market share. Ambitious national hydrogen strategies in South Korea and Japan, where major automakers have heavily invested, anchor this leadership. China's substantial investments in hydrogen production and its vast commercial vehicle market further cement the region's dominance. Strong government support, coupled with active collaboration between industry leaders and policymakers, creates a fertile environment for both FCEV production and adoption, securing its position as the global market leader.
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, primarily fueled by favorable federal policies, such as the Hydrogen Hub funding under the Bipartisan Infrastructure Law, and generous tax credits for clean hydrogen production and vehicle purchases. Also, a big effort to reduce carbon emissions in the freight and logistics industry, especially in California and Texas, is leading to major investments and test projects for high-power FCEV trucks, which is helping North America grow faster in the market.
Key players in the market
Some of the key players in Fuel Cell Electric Vehicle Market include Toyota Motor Corporation, Hyundai Motor Company, Honda Motor Co., Ltd., Daimler Truck Holding AG, General Motors Company, BMW AG, Audi AG, Nissan Motor Co., Ltd., SAIC Motor Corporation Limited, Tata Motors Limited, Ashok Leyland Limited, Nikola Corporation, Ballard Power Systems Inc., Plug Power Inc., Cummins Inc., Robert Bosch GmbH, Renault Group, and Ford Motor Company.
In November 2025, Hyundai broke ground on a large hydrogen fuel cell production plant in Ulsan that will produce next-generation fuel cells and electrolyzers for mobility applications, including passenger FCEVs and commercial trucks and buses, with completion targeted in 2027.
In April 2025, Hyundai unveiled the new XCIENT Fuel Cell Class-8 heavy-duty truck for the North American market at ACT Expo 2025, featuring an upgraded hydrogen fuel cell system for zero-emission freight operations.
In February 2025, Toyota announced a third-generation fuel cell system designed for commercial vehicles, with about double the durability and higher efficiency than the previous system, targeting trucks, buses, and other applications from around 2026 onward.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.