Photo Credit: FVV & ZSW | Dirk Lässig
The Mechanical Engineering Industry Association VDMA together with the Research Associations for Drive Technology (FVA) and Combustion Engines (FVV) publishes trend analysis on the role of fuel cell technology in the mobility sector // In focus: Market trends for passenger cars, commercial vehicles and mobile machinery up to 2040 // Follow-up to the 2018 study "The Powertrain Transition"
From 2030 onwards, the fuel cell will play a significant role in the powertrain of passenger cars, commercial vehicles and mobile machinery. Sales of 11 billion euros for fuel cell components in passenger cars alone can be expected in Europe in 2040. As a result, around 68,000 jobs could be created. These are the core results of the new VDMA study "The Powertrain Transition - Impact of Fuel Cell Technology on the Machinery and Component Supplier Industries", prepared by FEV Consulting GmbH.
The new trend analysis focused on passenger cars, commercial vehicles and mobile machinery for important markets up to 2040, when fuel cell vehicles (FCEV) are expected to have a 12% share of the global market.
In the next few years, according to the study, around 5 billion euros per year will be invested worldwide in research and development alone. One of the prerequisites for this is solid public funding: "Public funds must be invested at the beginning of the value chain - in research and science, in vocational qualification and thus also in intelligent production technologies and products," comments Hartmut Rauen, Deputy Executive Director of the VDMA, on the study results. At the same time, the transformation should not be based on a single technology only. Rather, the aim is to develop the best possible solution for the respective application, open to all available technologies. "Politicians are called upon to create planning security for the companies by setting long-term framework conditions".
The VDMA Group is heavily involved in all questions addressing the future of mobility: From the VDMA working groups on fuel cells and power-to-X for applications (P2X4A) to Industrial Collective Research (IGF) implemented by the world's leading research associations for drive technology (FVA) and combustion engines (FVV) and the future business unit. These activities are all coordinated by the VDMA forums on electric mobility and power-to-X - E-MOTIVE / X-MOTIVE.
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