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Fuel Cells Market

Fuel Cells Market

Fuel Cells Market - Global Industry Assessment & Forecast

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Energy & Power
Number Of Pages # Pages:

142

Base Year:

2022

Date

Apr - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1509

Segments Covered
  • By Type By Type PEMFC, PAFC, AFC, MFC
  • By Application By Application Portable, Stationary, Transport
  • By End User By End User Fuel Cell Vehicles, Utilities, Defense
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 312.23 Million
Revenue 2030Revenue 2030: USD 1971.07 Million
Revenue CAGRRevenue CAGR (2023 - 2030): 25.90%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Fuel Cells Market - Segment Analysis
    1. Overview
    2. Global Fuel Cells Market, 2016 - 2028 (USD Million)
    3. Global Fuel Cells Market - by Type
      1. By PEMFC
      2. By PAFC
      3. By AFC
      4. By MFC
    4. Global Fuel Cells Market - by Application
      1. By Portable
      2. By Stationary
      3. By Transport
    5. Global Fuel Cells Market - by End User
      1. By Fuel Cell Vehicles
      2. By Utilities
      3. By Defense
    6. Global Fuel Cells Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    7. Market comparative analysis
  4. North America Fuel Cells Market - Segment Analysis
    1. Overview
    2. North America Fuel Cells Market, 2016 - 2028 (USD Million)
    3. North America Fuel Cells Market, by Type
      1. By PEMFC
      2. By PAFC
      3. By AFC
      4. By MFC
    4. North America Fuel Cells Market, by Application
      1. By Portable
      2. By Stationary
      3. By Transport
    5. North America Fuel Cells Market, by End User
      1. By Fuel Cell Vehicles
      2. By Utilities
      3. By Defense
    6. North America Fuel Cells Market, by Country
      1. U.S.
        1. U.S. Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. U.S. Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. U.S. Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      2. Canada
        1. Canada Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. Canada Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. Canada Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      3. Mexico
        1. Mexico Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. Mexico Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. Mexico Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
  5. Europe Fuel Cells Market - Segment Analysis
    1. Overview
    2. Europe Fuel Cells Market, 2016 - 2028 (USD Million)
    3. Europe Fuel Cells Market, by Type
      1. By PEMFC
      2. By PAFC
      3. By AFC
      4. By MFC
    4. Europe Fuel Cells Market, by Application
      1. By Portable
      2. By Stationary
      3. By Transport
    5. Europe Fuel Cells Market, by End User
      1. By Fuel Cell Vehicles
      2. By Utilities
      3. By Defense
    6. Europe Fuel Cells Market, by Country
      1. Germany
        1. Germany Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. Germany Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. Germany Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      2. UK
        1. UK Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. UK Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. UK Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      3. France
        1. France Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. France Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. France Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      4. Spain
        1. Spain Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. Spain Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. Spain Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      5. Italy
        1. Italy Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. Italy Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. Italy Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      6. BENELUX
        1. BENELUX Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. BENELUX Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. BENELUX Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      7. Rest of Europe
        1. Rest Of Europe Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. Rest Of Europe Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. Rest Of Europe Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
  6. Asia Pacific Fuel Cells Market - Segment Analysis
    1. Overview
    2. Asia Pacific Fuel Cells Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Fuel Cells Market, by Type
      1. By PEMFC
      2. By PAFC
      3. By AFC
      4. By MFC
    4. Asia Pacific Fuel Cells Market, by Application
      1. By Portable
      2. By Stationary
      3. By Transport
    5. Asia Pacific Fuel Cells Market, by End User
      1. By Fuel Cell Vehicles
      2. By Utilities
      3. By Defense
    6. Asia Pacific Fuel Cells Market, by Country
      1. China
        1. China Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. China Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. China Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      2. Japan
        1. Japan Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. Japan Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. Japan Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      3. India
        1. India Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. India Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. India Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      4. South Korea
        1. South Korea Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. South Korea Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. South Korea Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      5. South East Asia
        1. South East Asia Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. South East Asia Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. South East Asia Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. Rest of Asia Pacific Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. Rest of Asia Pacific Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
  7. Latin America Fuel Cells Market - Segment Analysis
    1. Overview
    2. Latin America Fuel Cells Market, 2016 - 2028 (USD Million)
    3. Latin America Fuel Cells Market, by Type
      1. By PEMFC
      2. By PAFC
      3. By AFC
      4. By MFC
    4. Latin America Fuel Cells Market, by Application
      1. By Portable
      2. By Stationary
      3. By Transport
    5. Latin America Fuel Cells Market, by End User
      1. By Fuel Cell Vehicles
      2. By Utilities
      3. By Defense
    6. Latin America Fuel Cells Market, by Country
      1. Brazil
        1. Brazil Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. Brazil Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. Brazil Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      2. Argentina
        1. Argentina Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. Argentina Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. Argentina Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      3. Rest of Latin America
        1. Rest of Latin America Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. Rest of Latin America Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. Rest of Latin America Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
  8. Middle East & Africa Fuel Cells Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Fuel Cells Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Fuel Cells Market, by Type
      1. By PEMFC
      2. By PAFC
      3. By AFC
      4. By MFC
    4. Middle East & Africa Fuel Cells Market, by Application
      1. By Portable
      2. By Stationary
      3. By Transport
    5. Middle East & Africa Fuel Cells Market, by End User
      1. By Fuel Cell Vehicles
      2. By Utilities
      3. By Defense
    6. Middle East & Africa Fuel Cells Market, by Country
      1. GCC Countries
        1. GCC Countries Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. GCC Countries Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. GCC Countries Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      2. South Africa
        1. South Africa Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. South Africa Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. South Africa Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Fuel Cells Market, By Type
          1. By PEMFC
          2. By PAFC
          3. By AFC
          4. By MFC
        2. Rest of Middle East & Africa Fuel Cells Market, By Application
          1. By Portable
          2. By Stationary
          3. By Transport
        3. Rest of Middle East & Africa Fuel Cells Market, By End User
          1. By Fuel Cell Vehicles
          2. By Utilities
          3. By Defense
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. Ballard Power Systems (Canada)
    2. Cummins (US)
    3. SFC Energy (Germany)
    4. Bloom Energy (US)
    5. Plug Power (US)
    6. Fuel Cell Energy (US)
    7. Horizon Fuel Cells
    8. Mitsubishi Hitachi Power Systems
    9. Intelligent Energy
    10. Fuel Cell Energy
    11. Toshiba Energy Systems
    12. Solution Corporation
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
FAQ
Frequently Asked Question

  • The global Fuel Cells valued at USD 312.23 Million in 2022 and is expected to reach USD 1971.07 Million in 2030 growing at a CAGR of 25.90%.

  • The prominent players in the market are Ballard Power Systems (Canada), Cummins (US), SFC Energy (Germany), Bloom Energy (US), Plug Power (US), Fuel Cell Energy (US), Horizon Fuel Cells, Mitsubishi Hitachi Power Systems, Intelligent Energy, Fuel Cell Energy, Toshiba Energy Systems, Solution Corporation.

  • The market is project to grow at a CAGR of 25.90% between 2023 and 2030.

  • The driving factors of the Fuel Cells include

    • Government subsidies for fuel cell programs

  • Asia Pacific was the leading regional segment of the Fuel Cells in 2022.

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