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Fuel Cell Light Vehicle Sales to Reach 670,000 Per Year by 2020 Says Report Buyer - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report
Fuel Cell Light Vehicle Sales to Reach 670,000 Per Year by 2020 Says Report Buyer

 

NewswireToday - /newswire/ - London, United Kingdom, 2010/03/11 - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report.

   
 
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According to the report “Fuel Cell Vehicles” for a decade or more, Fuel Cell Vehicles (FCVs) have been touted as the next big thing in automobiles. Now, with fleets of FCVs in the hundreds and the increasing utilization of fuel cells in commercial vehicles, it appears that the FCV may be on the verge of commercialization by mid-decade.

With substantial support from the largest automakers, the pressure is on gas companies and governments to make sure that hydrogen fueling stations are available to support this emerging market. This report forecasts that fuel cell transit buses will be at the vanguard of the FCV movement, with sales growing at a compound annual growth rate of 31.7% by 2015. Fuel cell light vehicles will be commercially launched in 2014 in most regions of the world, and their sales will reach almost 670,000 vehicles per year by 2020.

This 37 page report provides an overview of the current state of fuel cell technology as it moves towards commercialisation in light vehicles, medium/heavy duty trucks, and buses. The report examines fuel cell technologies, hydrogen as a fuel, and key drivers of market development for FCVs.

Reportbuyer.com is the independent online store for global business information. The website now lists more than 120,000 company overviews, market research reports, industry studies and business books from over 300 specialist publishers. Thousands of professionals from across the world make ReportBuyer.com their first choice in their search for quality business insight.

 
 
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Fuel Cell Light Vehicle Sales to Reach 670,000 Per Year by 2020 Says Report Buyer

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