Germany E-Fuel market is anticipated to grow at a CAGR 22.4% during the forecast period. Germany is expected to share significantly market share owing to high automobile vehicle sales and surging production of e-fuels such as e-diesel in the country. Country homes several automobile manufacturers such as Audi that seems very keen to develop e-fuels such as e-diesel. Deploying a process powered by renewable energy sources, the automobile giant – Audi has created e-diesel from Carbon dioxide, water and electricity. Furthermore, the rise in electric vehicles (using hydrogen fuel cells) fleet size in the country is expected to propel the Germany e-fuel market.
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Moreover, the Germany e-fuel market growth is also attributed to increasing electric vehicles fleet size using hydrogen fuel cells. In fuel-cell electric vehicles, hydrogen is stored in the vehicle in dedicated tanks at pressures of 35-70 megapascal (MPa). The connectors for 35 and 70 MPa hydrogen refueling already are standardized. Installation of hydrogen refueling infrastructure has been limited to date. In 2017, 330 hydrogen refueling stations were in operation. However, encouraging signs in the deployment of refueling infrastructure and vehicles have emerged in various markets including Germany. Furthermore, according to the International Energy Agency, Germany has around 23 operating hydrogen fuelling stations in 2017. These numbers are to be outnumbered by more than 50 as the country is constructing 25 more such stations, and in the end of 2017 around 60 stations are estimated to be operational.
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Germany E-Fuel market is segmented on the basis of fuel type, application and state of fuel. Based on fuel type, the market is segmented into E diesel, E gasoline, ethanol and hydrogen. Based on application, the market is segmented into portable, stationary and transportation. Based on state of fuel, the market is segmented into liquid fuel and gas fuel.
The key players that are active in the market include AUDI AG, Ballard Power Systems, Inc., FuelCell Energy, Inc., Honda Motor Co. Ltd, The Viessmann Group, Valero Energy Corp., EnergieDienst Holding AG, SFC Energy AG4 and Sunfire GMBH among others.
Market Segmentation
Germany E-Fuel Market by Fuel Type
- E Diesel
- E Gasoline
- Ethanol
- Hydrogen
Germany E-Fuel Market by Application
- Portable
- Stationary
- Transportation
Germany E-Fuel Market by State of Fuel
- Liquid Fuel
- Gas Fuel
Company Profiles
- AUDI AG
- Ballard Power Systems, Inc.
- EnergieDienst Holding AG
- FuelCell Energy, Inc.
- Honda Motor Co. Ltd
- SFC Energy AG4
- Sunfire GMBH
- The Viessmann Group
- Valero Energy Corp.
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