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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
Business as usual is being impacted and disrupted by fuel cells and hydrogen energy, which also offers a chance for further expansion and advancement.
Numerous applications for stationary and portable purposes as well as transportation benefit from the scalability, dependability, and longevity of these technologies.
Only through overcoming the difficulties associated with its production, storage, and transportation will it be able to transition to a hydrogen economy in the future.
Many nations are working to make hydrogen available for large machinery and heavy vehicles like buses and trucks. Once its manufacturing is more environmentally friendly, this might spread to passenger cars.
The South Africa Fuel Cell Vehicle Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
At its platinum mine in Mogalakwena, South Africa, mining corporation Anglo American hopes to set an example by housing one of the largest electric vehicles in the worldâa 210 metric tonne (463,000 lb) truck fueled by hydrogen fuel cells.
The Komatsu 930E, which served as the foundation of the nuGen haul truck, had a diesel-electric drivetrain with a 16-cylinder engine that served as a generator to power the vehicle's electric traction motors.
The haul truck's traction motors are now powered by eight 100 kW hydrogen fuel cell modules from Ballard and a 1.1 MW lithium-ion battery pack from Williams Advanced Engineering, which were integrated by First Mode in Seattle in place of the diesel engine.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |