The US E-Fuel market is anticipated to grow at a CAGR 20.9% during the forecast period.  The US market is dominating due to factors such as investments in R&D and high per-capita income of the population. The transportation accounts for the most carbon emission than any other sector in the US. Therefore, the advanced technological sector of the country has started the development of e-fuel based vehicles in the market. According to the Sierra Club, in the US, the sales of electric vehicles in 2018 have rose to nearly 90% from the sales in 2017. Furthermore, it is expected that nearly one million electric vehicles will be on road in the US by the end of 2018. 

Vehicle manufacturers are offering fuel cell electric vehicles (FCEVs) to consumers living in the regions where hydrogen stations exist. According to the Alternative Fuels Data Center (AFDC), California is one of the leading nations in the US, providing funding and building hydrogen fueling stations for FCEVs. Moreover, there was around 35 retail hydrogen fueling stations open in California by September 2018.Moreover, California has introduced a zero-emissions vehicle (ZEV) programme, under which the government grants support for the roll-out of electric vehicles in the US.

The US 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 Ballard Power Systems Inc., Clean Fuel USA, E-Fuel Corp, Flint Hills Resources LP, Fuel cell Energy Inc., Green Plains Inc., Hydrogenics Corp., Plug Power Inc., POET LLC and Valero Energy Corp. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.

Research Methodology

The market study of the US E-Fuel market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. US E-Fuel Market Research and Analysis by Fuel Type
2. US E-Fuel Market Research and Analysis by Application
3. US E-Fuel Market Research and Analysis by State of Fuel

The Report Covers

• Comprehensive research methodology of the US E-Fuel market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US E-Fuel market.
• Insights about market determinants which are stimulating the US E-Fuel market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.