+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Aircraft Fuel Cells - Global Strategic Business Report

  • PDF Icon

    Report

  • 191 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5139406
The global market for Aircraft Fuel Cells is estimated at US$451.1 Million in 2023 and is projected to reach US$2.7 Billion by 2030, growing at a CAGR of 25% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Hydrogen Fuel Cells segment, which is expected to reach US$2 Billion by 2030 with a CAGR of 25.7%. The Other Fuel Cell Types segment is also set to grow at 23.2% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $168.8 Million in 2023, and China, forecasted to grow at an impressive 21.9% CAGR to reach $277.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Aircraft Fuel Cells Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Aircraft Fuel Cells Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Aircraft Fuel Cells Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Advent Technologies, Airbus SAS, Australian Fuel Cells Pty. Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 27 Featured):

  • Advent Technologies
  • Airbus SAS
  • Australian Fuel Cells Pty. Ltd.
  • Cummins Inc.
  • ElringKlinger AG
  • Honeywell International Inc.
  • Intelligent Energy Limited
  • Nuvera Fuel Cells, LLC
  • The Boeing Company

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Fuel Cells: Clean, Efficient, Reliable and Eco-friendly Alternative to Conventional Fuels
  • Global Economic Update
  • An Introduction to Aircraft Fuel Cells
  • Classification of Fuel Cells
  • Global Market Outlook
  • Competition
  • Aircraft Fuel Cells - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • With World Climate Conditions in Dire Straits, the Accelerated Clean Energy Transition Opens Attractive Growth Avenues for Aircraft Fuel Cells
  • Immense Potential for Fuel Cells as Aviation Fuel Source
  • Ambitious Vision of an All-Hydrogen Economy Drives Interest in Fuel Cells
  • How Can Hydrogen Address Aviation Sector’s Fuel Challenges?
  • Net-Zero Aviation with Hydrogen Fuel Cells - Large Aircraft Manufacturers and Startups Strive to Make it Happen
  • Turbines or Fuel Cells: Which is Better for Larger Capacity and Longer Range Airliners?
  • Growth of Aviation Industry and Increased Focus on Reducing Emissions: Opportunities for Aircraft Fuel Cells
  • Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2019 and 2039
  • Aircraft Manufacturers Take a Closer Look at Fuel-Efficient and Eco-Friendly Fuel Cells
  • Rising Use of Fuel Cells in Defense UAVs to Power Gains
  • A Peek Into the Promise of Fuel Cell Enabled PorTable Energy for the Military
  • High Potential for Fuel Cells in Space Applications
  • Promising Innovations to Shape Future Prospects
  • Net Zero Carbon Goals and Favorable Government Policy Changes Promote Adoption of Fuel Cell Technology
  • Carbon Neutrality Goals of Various Countries
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Hydrogen by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World 7-Year Perspective for Hydrogen by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for Other Fuel Cell Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 4: World 7-Year Perspective for Other Fuel Cell Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Proton Exchange Member Fuel Cell (PEMFC) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World 7-Year Perspective for Proton Exchange Member Fuel Cell (PEMFC) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World 7-Year Perspective for Other Technologies by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 9: World Aircraft Fuel Cells Market Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030
  • Table 10: World Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World 7-Year Perspective for Aircraft Fuel Cells by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Aircraft Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 12: USA Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Fuel Cell Type - Hydrogen and Other Fuel Cell Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 13: USA 7-Year Perspective for Aircraft Fuel Cells by Fuel Cell Type - Percentage Breakdown of Value Sales for Hydrogen and Other Fuel Cell Types for the Years 2024 & 2030
  • Table 14: USA Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Technology - Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 15: USA 7-Year Perspective for Aircraft Fuel Cells by Technology - Percentage Breakdown of Value Sales for Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies for the Years 2024 & 2030
CANADA
  • Table 16: Canada Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Fuel Cell Type - Hydrogen and Other Fuel Cell Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 17: Canada 7-Year Perspective for Aircraft Fuel Cells by Fuel Cell Type - Percentage Breakdown of Value Sales for Hydrogen and Other Fuel Cell Types for the Years 2024 & 2030
  • Table 18: Canada Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Technology - Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 19: Canada 7-Year Perspective for Aircraft Fuel Cells by Technology - Percentage Breakdown of Value Sales for Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies for the Years 2024 & 2030
JAPAN
  • Aircraft Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 20: Japan Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Fuel Cell Type - Hydrogen and Other Fuel Cell Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 21: Japan 7-Year Perspective for Aircraft Fuel Cells by Fuel Cell Type - Percentage Breakdown of Value Sales for Hydrogen and Other Fuel Cell Types for the Years 2024 & 2030
  • Table 22: Japan Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Technology - Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 23: Japan 7-Year Perspective for Aircraft Fuel Cells by Technology - Percentage Breakdown of Value Sales for Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies for the Years 2024 & 2030
CHINA
  • Aircraft Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 24: China Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Fuel Cell Type - Hydrogen and Other Fuel Cell Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 25: China 7-Year Perspective for Aircraft Fuel Cells by Fuel Cell Type - Percentage Breakdown of Value Sales for Hydrogen and Other Fuel Cell Types for the Years 2024 & 2030
  • Table 26: China Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Technology - Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 27: China 7-Year Perspective for Aircraft Fuel Cells by Technology - Percentage Breakdown of Value Sales for Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies for the Years 2024 & 2030
EUROPE
  • Aircraft Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 28: Europe Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Fuel Cell Type - Hydrogen and Other Fuel Cell Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 29: Europe 7-Year Perspective for Aircraft Fuel Cells by Fuel Cell Type - Percentage Breakdown of Value Sales for Hydrogen and Other Fuel Cell Types for the Years 2024 & 2030
  • Table 30: Europe Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Technology - Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 31: Europe 7-Year Perspective for Aircraft Fuel Cells by Technology - Percentage Breakdown of Value Sales for Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies for the Years 2024 & 2030
  • Table 32: Europe Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 33: Europe 7-Year Perspective for Aircraft Fuel Cells by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
FRANCE
  • Aircraft Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 34: France Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Fuel Cell Type - Hydrogen and Other Fuel Cell Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 35: France 7-Year Perspective for Aircraft Fuel Cells by Fuel Cell Type - Percentage Breakdown of Value Sales for Hydrogen and Other Fuel Cell Types for the Years 2024 & 2030
  • Table 36: France Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Technology - Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 37: France 7-Year Perspective for Aircraft Fuel Cells by Technology - Percentage Breakdown of Value Sales for Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies for the Years 2024 & 2030
GERMANY
  • Aircraft Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 38: Germany Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Fuel Cell Type - Hydrogen and Other Fuel Cell Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 39: Germany 7-Year Perspective for Aircraft Fuel Cells by Fuel Cell Type - Percentage Breakdown of Value Sales for Hydrogen and Other Fuel Cell Types for the Years 2024 & 2030
  • Table 40: Germany Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Technology - Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 41: Germany 7-Year Perspective for Aircraft Fuel Cells by Technology - Percentage Breakdown of Value Sales for Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies for the Years 2024 & 2030
ITALY
  • Table 42: Italy Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Fuel Cell Type - Hydrogen and Other Fuel Cell Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 43: Italy 7-Year Perspective for Aircraft Fuel Cells by Fuel Cell Type - Percentage Breakdown of Value Sales for Hydrogen and Other Fuel Cell Types for the Years 2024 & 2030
  • Table 44: Italy Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Technology - Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 45: Italy 7-Year Perspective for Aircraft Fuel Cells by Technology - Percentage Breakdown of Value Sales for Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies for the Years 2024 & 2030
UNITED KINGDOM
  • Aircraft Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 46: UK Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Fuel Cell Type - Hydrogen and Other Fuel Cell Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 47: UK 7-Year Perspective for Aircraft Fuel Cells by Fuel Cell Type - Percentage Breakdown of Value Sales for Hydrogen and Other Fuel Cell Types for the Years 2024 & 2030
  • Table 48: UK Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Technology - Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 49: UK 7-Year Perspective for Aircraft Fuel Cells by Technology - Percentage Breakdown of Value Sales for Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies for the Years 2024 & 2030
REST OF EUROPE
  • Table 50: Rest of Europe Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Fuel Cell Type - Hydrogen and Other Fuel Cell Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 51: Rest of Europe 7-Year Perspective for Aircraft Fuel Cells by Fuel Cell Type - Percentage Breakdown of Value Sales for Hydrogen and Other Fuel Cell Types for the Years 2024 & 2030
  • Table 52: Rest of Europe Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Technology - Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 53: Rest of Europe 7-Year Perspective for Aircraft Fuel Cells by Technology - Percentage Breakdown of Value Sales for Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies for the Years 2024 & 2030
ASIA-PACIFIC
  • Aircraft Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 54: Asia-Pacific Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Fuel Cell Type - Hydrogen and Other Fuel Cell Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 55: Asia-Pacific 7-Year Perspective for Aircraft Fuel Cells by Fuel Cell Type - Percentage Breakdown of Value Sales for Hydrogen and Other Fuel Cell Types for the Years 2024 & 2030
  • Table 56: Asia-Pacific Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Technology - Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 57: Asia-Pacific 7-Year Perspective for Aircraft Fuel Cells by Technology - Percentage Breakdown of Value Sales for Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies for the Years 2024 & 2030
REST OF WORLD
  • Table 58: Rest of World Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Fuel Cell Type - Hydrogen and Other Fuel Cell Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 59: Rest of World 7-Year Perspective for Aircraft Fuel Cells by Fuel Cell Type - Percentage Breakdown of Value Sales for Hydrogen and Other Fuel Cell Types for the Years 2024 & 2030
  • Table 60: Rest of World Recent Past, Current & Future Analysis for Aircraft Fuel Cells by Technology - Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 61: Rest of World 7-Year Perspective for Aircraft Fuel Cells by Technology - Percentage Breakdown of Value Sales for Proton Exchange Member Fuel Cell (PEMFC) and Other Technologies for the Years 2024 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Advent Technologies
  • Airbus SAS
  • Australian Fuel Cells Pty. Ltd.
  • Cummins Inc.
  • ElringKlinger AG
  • Honeywell International Inc.
  • Intelligent Energy Limited
  • Nuvera Fuel Cells, LLC
  • The Boeing Company

Table Information