LD Fuel Cell Vehicle to Scale up Three Fold by 2012

The light duty vehicle market has been witnessing a number of key developments over the past few years. Many companies are on the track for the commercial deployments/developments of fuel cell LDVs. According to our new research report “Fuel Cell Industry Analysis”, theshipments of light duly fuel cell vehicle is likely to expand three fold by 2012 on the back of rising competition among LDVs manufacturers and competitive pricing. Growth in the LDVs sector can be attributed to the sustained funding programs by the governments of European Union, Japan and the US.

 

We have found that the fuel cell market is dominated by North America. The main reason for this dominance is the fact that California is propelling the LDVs market in the region due to ZEV mandate and presence of refueling infrastructure. Moreover, companies like Honda and GM are delivering major portions of their fuel cell LDV fleets to California. Besides, Europe will witness an increase in its share of the global fuel cell LDV shipments from around 18% in 2008 to around 35% by the end of 2012.

 

Our team of analyst has found that the growth and expansion of the hydrogen infrastructure remains the main challenge for the commercial success of fuel cell technology. Presently, governments across the globe, especially the US and Europe, are playing an active role in the growth and development of hydrogen infrastructure. Hydrogen infrastructure has normally been linked with the acceptance of hydrogen-based Light Duty Vehicles (LDVs) and, to a lesser degree, transit buses.

 

“Fuel Cell Industry Analysis” provides significant information about market trends and latest developments. Our report covers current performance and future outlook of fuel cell industry by application and by research and developments. We have thoroughly studied the US, Canada, Korea, Japan, China, India, Germany, Denmark and South Africa. The report also provides brief description of key players and their strength and weakness analysis. The report aims to provide the best consultancy in the field of fuel cell technology to clients.

For more information visit: http://www.rncos.com/Report/IM102.htm