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A fuel cell is a device that generates electricity by a chemical reaction. Every fuel cell has two electrodes, one positive and one negative, called, respectively, the anode and cathode. The reactions that produce electricity take place at the electrodes.
Every fuel cell also has an electrolyte, which carries electrically charged particles from one electrode to the other, and a catalyst, which speeds the reactions at the electrodes.
Hydrogen is the basic fuel, but fuel cells also require oxygen. One great appeal of fuel cells is that they generate electricity with very little pollution–much of the hydrogen and oxygen used in generating electricity ultimately combine to form a harmless byproduct, namely water.
Because of emission control requirements and new power line restrictions in the state’s larger cities, there will be greater motivation for fuel cell use in urban areas than in more rural areas. This concentration of fuel cells in specific urban areas will allow for more efficient utilization of fuel cell maintenance and repair technicians by utility companies.
Government level systematic identification and removal of legislative barriers to deployment of fuel cells in stationary, portable or transport systems.
Several automobile companies including, most prominently, GM, DaimlerChrysler, and Honda, have invested hundreds of millions of dollars in fuel cell research, development, and commercialization. Each of these companies has a fuel cell prototype car currently being tested in a demonstration program.
According to this study, over the next five years the Fuel Cell market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Fuel Cell business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Fuel Cell market by product type, application, key manufacturers and key regions and countries.
This study considers the Fuel Cell value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
PEMFCs
SOFC
MCFC
DMFC
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Transport
Stationary
Portable
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Ballard Power System
Ceramic Fuel Cells Limited
FuelCell Energy
Hydrogenics Corporation
AFC Energy PLC
Bloom Energy
Ceres Power Holdings PLC
Doosan Corporation
Plug Power
POSCO Energy
Horizon Fuel Cell Technologies
Quantum Fuel Systems Technologies Worldwide
Panasonic Corporation
Toshiba Fuel Cell Power Systems
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Fuel Cell consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Fuel Cell market by identifying its various subsegments.
Focuses on the key global Fuel Cell manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Fuel Cell with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Fuel Cell submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Fuel Cell Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Fuel Cell Consumption 2014-2024
2.1.2 Fuel Cell Consumption CAGR by Region
2.2 Fuel Cell Segment by Type
2.2.1 PEMFCs
2.2.2 SOFC
2.2.3 MCFC
2.2.4 DMFC
2.3 Fuel Cell Consumption by Type
2.3.1 Global Fuel Cell Consumption Market Share by Type (2014-2019)
2.3.2 Global Fuel Cell Revenue and Market Share by Type (2014-2019)
2.3.3 Global Fuel Cell Sale Price by Type (2014-2019)
2.4 Fuel Cell Segment by Application
2.4.1 Transport
2.4.2 Stationary
2.4.3 Portable
2.5 Fuel Cell Consumption by Application
2.5.1 Global Fuel Cell Consumption Market Share by Application (2014-2019)
2.5.2 Global Fuel Cell Value and Market Share by Application (2014-2019)
2.5.3 Global Fuel Cell Sale Price by Application (2014-2019)
3 Global Fuel Cell by Players
3.1 Global Fuel Cell Sales Market Share by Players
3.1.1 Global Fuel Cell Sales by Players (2017-2019)
3.1.2 Global Fuel Cell Sales Market Share by Players (2017-2019)
3.2 Global Fuel Cell Revenue Market Share by Players
3.2.1 Global Fuel Cell Revenue by Players (2017-2019)
3.2.2 Global Fuel Cell Revenue Market Share by Players (2017-2019)
3.3 Global Fuel Cell Sale Price by Players
3.4 Global Fuel Cell Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Fuel Cell Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Fuel Cell Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Fuel Cell by Regions
4.1 Fuel Cell by Regions
4.1.1 Global Fuel Cell Consumption by Regions
4.1.2 Global Fuel Cell Value by Regions
4.2 Americas Fuel Cell Consumption Growth
4.3 APAC Fuel Cell Consumption Growth
4.4 Europe Fuel Cell Consumption Growth
4.5 Middle East & Africa Fuel Cell Consumption Growth
5 Americas
5.1 Americas Fuel Cell Consumption by Countries
5.1.1 Americas Fuel Cell Consumption by Countries (2014-2019)
5.1.2 Americas Fuel Cell Value by Countries (2014-2019)
5.2 Americas Fuel Cell Consumption by Type
5.3 Americas Fuel Cell Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Fuel Cell Consumption by Countries
6.1.1 APAC Fuel Cell Consumption by Countries (2014-2019)
6.1.2 APAC Fuel Cell Value by Countries (2014-2019)
6.2 APAC Fuel Cell Consumption by Type
6.3 APAC Fuel Cell Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Fuel Cell by Countries
7.1.1 Europe Fuel Cell Consumption by Countries (2014-2019)
7.1.2 Europe Fuel Cell Value by Countries (2014-2019)
7.2 Europe Fuel Cell Consumption by Type
7.3 Europe Fuel Cell Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Fuel Cell by Countries
8.1.1 Middle East & Africa Fuel Cell Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Fuel Cell Value by Countries (2014-2019)
8.2 Middle East & Africa Fuel Cell Consumption by Type
8.3 Middle East & Africa Fuel Cell Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Fuel Cell Distributors
10.3 Fuel Cell Customer
11 Global Fuel Cell Market Forecast
11.1 Global Fuel Cell Consumption Forecast (2019-2024)
11.2 Global Fuel Cell Forecast by Regions
11.2.1 Global Fuel Cell Forecast by Regions (2019-2024)
11.2.2 Global Fuel Cell Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Fuel Cell Forecast by Type
11.8 Global Fuel Cell Forecast by Application
12 Key Players Analysis
12.1 Ballard Power System
12.1.1 Company Details
12.1.2 Fuel Cell Product Offered
12.1.3 Ballard Power System Fuel Cell Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Ballard Power System News
12.2 Ceramic Fuel Cells Limited
12.2.1 Company Details
12.2.2 Fuel Cell Product Offered
12.2.3 Ceramic Fuel Cells Limited Fuel Cell Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Ceramic Fuel Cells Limited News
12.3 FuelCell Energy
12.3.1 Company Details
12.3.2 Fuel Cell Product Offered
12.3.3 FuelCell Energy Fuel Cell Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 FuelCell Energy News
12.4 Hydrogenics Corporation
12.4.1 Company Details
12.4.2 Fuel Cell Product Offered
12.4.3 Hydrogenics Corporation Fuel Cell Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Hydrogenics Corporation News
12.5 AFC Energy PLC
12.5.1 Company Details
12.5.2 Fuel Cell Product Offered
12.5.3 AFC Energy PLC Fuel Cell Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 AFC Energy PLC News
12.6 Bloom Energy
12.6.1 Company Details
12.6.2 Fuel Cell Product Offered
12.6.3 Bloom Energy Fuel Cell Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Bloom Energy News
12.7 Ceres Power Holdings PLC
12.7.1 Company Details
12.7.2 Fuel Cell Product Offered
12.7.3 Ceres Power Holdings PLC Fuel Cell Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Ceres Power Holdings PLC News
12.8 Doosan Corporation
12.8.1 Company Details
12.8.2 Fuel Cell Product Offered
12.8.3 Doosan Corporation Fuel Cell Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Doosan Corporation News
12.9 Plug Power
12.9.1 Company Details
12.9.2 Fuel Cell Product Offered
12.9.3 Plug Power Fuel Cell Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Plug Power News
12.10 POSCO Energy
12.10.1 Company Details
12.10.2 Fuel Cell Product Offered
12.10.3 POSCO Energy Fuel Cell Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 POSCO Energy News
12.11 Horizon Fuel Cell Technologies
12.12 Quantum Fuel Systems Technologies Worldwide
12.13 Panasonic Corporation
12.14 Toshiba Fuel Cell Power Systems
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Fuel Cell
Table Product Specifications of Fuel Cell
Figure Fuel Cell Report Years Considered
Figure Market Research Methodolo
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