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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
More eco-friendly technologies are being introduced by the vehicle sector. Globally, automakers are developing substitute technologies that have a smaller carbon footprint.
Even auto consumers are now more selective in their purchases. It's no surprise that electric automobiles are popular because they operate environmentally friendly.
The use of hydrogen fuel cells in cars is another relatively recent innovation in this area; this alternative fuel is being heralded as the future of automotive technology.
The reverse electrolysis theory underlies the operation of fuel cell technology. In this chemical reaction, oxygen from the surrounding air and hydrogen from the FCEV tanks combine to create electric energy, heat, and water.
The UAE 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.
In Dubai, the first fueling station for hydrogen fuel cell vehicles (FCVs) in the Middle East opens.
In partnership with French hydrogen station company Air Liquide, Al Futtaim Motors inaugurated the new station in Toyota's Al Badia dealership in Dubai Festival City.
Al Futtaim is looking to increase the distribution of Toyota's hydrogen-powered Mirai vehicle with the launch.
On the highways of the UAE, one can see a few Toyota Mirai vehicles powered by hydrogen fuel cells. In Abu Dhabi, the second hydrogen station is most likely to open.
Dubai Hydrogen Power is a partnership between Abu Dhabi National Oil Company and Masdar (ADNOC).
Four hydrogen cooperation agreements and a research agreement between the Fraunhofer Institute and the Ministry of Energy of the United Arab Emirates were announced by the German government.
The German liquid organic hydrogen transportation company Hydrogenious, the Abu Dhabi National Oil Company (Adnoc), the Americas division of the Jera joint venture established by the Japanese energy companies Chubu Electric Power and state-controlled rival Tepco, and the Finnish state-owned Uniper energy company with its Düsseldorf headquarters are among the parties to agreements signed in the UAE.
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 |