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The fuel cell market in North America is forecasted to grow by USD 5.08 bn during 2023-2028, accelerating at a CAGR of 21.34% during the forecast period. The report on the fuel cell market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing focus on adoption of hydrogen economy, integration of fuel cells with energy storage systems, and rising innovations supporting energy efficiency in fuel cell.
The fuel cell market in North America is segmented as below:
By Application
- Stationary
- Transport
- Portable
By Product
- PEMFC
- SOFC
- PAFC
- Others
The report on the fuel cell market in North America covers the following areas:
- Fuel cell market in North America sizing
- Fuel cell market in North America forecast
- Fuel cell market in North America industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the fuel cell market in North America: Acumentrics Inc., AVL List GmbH, Ballard Power Systems Inc., Bloom Energy Corp., BorgWarner Inc., Cummins Inc., Doosan Corp., ellcentric GmbH and Co. KG, FuelCell Energy Inc., General Motors Co., Hyster Yale Materials Handling Inc., Loop Energy Inc., Plug Power Inc., SFC Energy AG, The Symbio SAS, and Watt Fuel Cell Corp..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rising adoption of solid oxide electrolyzers.'
According to the report, one of the major drivers for this market is the growing focus on adoption of hydrogen economy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acumentrics Inc.
- AVL List GmbH
- Ballard Power Systems Inc.
- Bloom Energy Corp.
- BorgWarner Inc.
- Cummins Inc.
- Doosan Corp.
- ellcentric GmbH and Co. KG
- FuelCell Energy Inc.
- General Motors Co.
- Hyster Yale Materials Handling Inc.
- Loop Energy Inc.
- Plug Power Inc.
- SFC Energy AG
- The Symbio SAS
- Watt Fuel Cell Corp.
