THAILAND FUEL CELL VEHICLE MARKET
INTRODUCTION
Batteries are still included in fuel cell vehicles, but they are significantly lighter and smaller than those in battery-electric vehicles. In general, batteries weigh more than internal combustion engines, which can be problematic for specific types of cars.
A fuel tank is also present in fuel cell vehicles. Because they store more energy at a lower density than battery electric vehicles, they can function at greater ranges when combined with the lighter battery.
Both fuel cell and battery electric vehicles produce fewer pollutants than their internal combustion engine equivalents and are the only technologies that have the potential to emit no carbon dioxide, depending on the emissions from charging and hydrogen production.
THAILAND FUEL CELL VEHICLE MARKET SIZE AND FORECAST
The Thailand 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.
MARKET DYNAMICS
The hydrogen fuel cell-powered Toyota Mirai will be on display at the “Sustainable Energy and Technology Asia” conference in Bangkok.
The Mirai’s hydrogen fueling time is approximately three minutes, and its cruising range is approximately 650 kilometres under Toyota’s standard measurements, giving it the same usability as a typical gasoline-powered vehicle.
These improvements are made possible by the newly developed, compact, and high-performance Toyota fuel-cell (FC) system.
Hydrogen fuel cell electric vehicles (FCEV) were described as “the future” of transportation in Thailand by Kumwell Corporation during a speech at the Asian Lubricants Industry Association (ALIA) Annual Meeting in Bangkok.
It acknowledged that biofuels play a direct role in reducing emissions and replacing petroleum, and placed a strong emphasis on promoting the use of battery electric vehicles.
COMPANY PROFILE
- Nissan
- Doosan Fuel Cell Co., Ltd
- Volkswagen
- Toyota Motors
- Hyundai Motor Company
- Daimler AG
- BMW
- Evelomo
- Foxconn
- SAIC
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- What is the average cost per Thailand Fuel Cell Vehicle Market right now and how will it change in the next 5-6 years?
- Average cost to set up a Fuel Cell Vehicle Market in Thailand?
- How many Thailand Fuel Cell Vehicle Markets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- What is happening in the overall public, globally?
- Cost breakup of a Thailand Fuel Cell Vehicle Market and key vendor selection criteria
- Where is the Thailand Fuel Cell Vehicle Market manufactured? What is the average margin per equipment?
- Market share of Thailand Fuel Cell Vehicle Market manufacturers and their upcoming products
- The most important planned Thailand Fuel Cell Vehicle Market in next 2 years
- Details on network of major Thailand Fuel Cell Vehicle Market and pricing plans
- Cost advantage for OEMs who manufacture Thailand Fuel Cell Vehicle Market in-house
- 5 key predictions for next 5 years in Thailand Fuel Cell Vehicle Market
- Average B-2-B Thailand Fuel Cell Vehicle Market price in all segments
- Latest trends in Thailand Fuel Cell Vehicle Market, by every market segment
- The market size (both volume and value) of Thailand Fuel Cell Vehicle Market in 2022-2027 and every year in between?
- Global production breakup of Thailand Fuel Cell Vehicle Market, by suppliers and their OEM relationship
