Global Fuel Cell Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023

  • ID: 4300894
  • Report
  • Region: Global
  • 180 Pages
  • Occams Business Research and Consulting
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The Global Fuel Cell Market is Expected to Grow With the CAGR of Approximately 17.5% During 2016-2023

FEATURED COMPANIES

  • AFC Energy Plc (Uk)
  • Bloom Energy (U.S.)
  • Hitachi, Ltd. (Japan)
  • Plug Power Inc. (U.S.)
  • SFC Energy Ag (Germany)
  • MORE

The global fuel cell market is expected to grow with the CAGR of approximately 17.5% during the forecast period (2016-2023).The market growth is primarily driven due to increasing demand for unconventional energy sources, rising public-private partnership, increasing demand for combined heat & power systems and innovations in fuel cell technologies. Hydrogen and fuel cell technology is expected to play vital role in the energy supply and mobility. To ensure further advancement of such technologies, government, science and industry started a strategic alliance known as National Innovation Programme (NIP) for Hydrogen and Fuel Cell Technology. NIP is planned to accelerate the market preparation process of products which is based on the future-oriented technology.

Overall budget of NIP which has invested from a period of 2006 to 2016 was totaled to $ 1.58 billion and the Federal Ministry for Economic Affairs and Energy and the Federal Ministry of Transport and Digital Infrastructure offer half of this sum, though the balance is invested by the participating industry. In Japan, the government and various businesses have been focusing on the development of fuel cells since early 1980s. The fuel cells are presently being studied and developed in Japan and some of them are Phosphoric Acid Fuel Cell (PAFC), Polymer Electrolyte Fuel Cell (PEFC), Solid Oxide Fuel Cell (SOFC) and Molten Carbonate Fuel Cell (MCFC). The PEFCs are receiving the highest amount of attention as the technical benefits of PEFCs over other types comprise higher energy densityand lower operating temperature. Subsequently, it is possible to miniaturize PEFCs and utilize them for not just industrial objectives, but also a wide range of applications that comprise portable batteriesand fuel cell cars. However, high cost of fuel cell technologies and lack of infrastructure are acting as major restraining factors for the market. The major challenges faced by the players are high capital investment and lack of skilled professionals.

Geographically, North America occupied major share in terms of revenue in 2016 due to high government support to reduce Co2 emissions. However, Asia Pacific is expected to be the fastest growing due to increasing demand for clean energy in the region. The presence of major companies such asGeneral Electric Corporation (U.S.), Hitachi, Ltd. (Japan), Panasonic Corporation (Japan), SFC Energy (Germany), Toyota Motor Corporation (Japan) etc. are creating opportunity for high innovations for fuel cells in near future.

The global fuel cell market is segmented on the basis of application and technology. The application segment is further classified into transportation, stationary hydrogen power plants and portable power plant.The technology segment is further classified into solid oxide fuel cells (SOFC), phosphoric acid fuel cells (PAFC), molten carbonate fuel cells (MCFC), direct methanol fuel cells (DMFC) and polymer/proton exchange membrane fuel cells (PEMFC).



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FEATURED COMPANIES

  • AFC Energy Plc (Uk)
  • Bloom Energy (U.S.)
  • Hitachi, Ltd. (Japan)
  • Plug Power Inc. (U.S.)
  • SFC Energy Ag (Germany)
  • MORE

1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology

2. Market Overview
2.1. Global Fuel Cell Market: Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Regulatory Framework
2.5. Total Market Analysis
2.5.1. Top 5 Findings
2.5.2. Top 5 Opportunity Markets
2.5.3. Top 5 Companies
2.5.4. Top 3 Competitive Strategies
2.6. Estimation Analysis
2.7. Strategic Analysis
2.7.1. Investment Vs. Adoption Model
2.7.2. 360 Degree Industry Analysis
2.7.3. Porters 5 Force Model
2.7.4. See-Saw Analysis
2.7.5. Consumer Analysis And Key Buying Criteria
2.8. Competitive Analysis
2.8.1. Key Strategies & Analysis
2.8.2. Market Share Analysis
2.8.3. Top Company Analysis
2.9. Strategic Recommendations & Key Conclusions
2.9.1. Investment Opportunities By Regions
2.9.2. Opportunities in Emerging Applications
2.9.3. Investment Opportunity in Fastest Growing Segment

3. Market Determinants
3.1. Market Drivers
3.1.1. Increasing Demand for Unconventional Energy Sources
3.1.2. Rising Public-Private Partnership
3.1.3. Increasing Demand for Combined Heat & Power Systems
3.1.4. Innovations in Fuel Cell Technologies
3.2. Market Restraints
3.2.1. High Cost of Fuel Cell Technologies
3.2.2. Lack of Infrastructure
3.3. Market Opportunities
3.3.1. Increasing Demand for Hydrogen Fuel Cells As An Effective Source of Energy in Vehicles
3.3.2. Increasing Demand for Power Generation
3.4.   Market Challenges
3.4.1. High Capital Investment
3.4.2. Lack of Skilled Professionals

4. Market Segmentation
4.1. Global Fuel Cell Market By Application
4.1.1. Market Definition And Scope
4.1.2. Decision Support Database & Estimation Methodology
4.1.3. Comparative Analysis Across Market Segments
4.1.4.  Opportunity Matrix
4.1.5. Market Segmentation
4.1.5.1. Global Transportation Fuel Cell Market
4.1.5.1.1. Adoption Scenario & Market Determinants
4.1.5.1.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.1.3. Top Players & Key Products
4.1.5.1.4. Key Conclusions
4.1.5.2. Global Stationary Fuel Cell Market
4.1.5.2.1. Adoption Scenario & Market Determinants
4.1.5.2.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.2.3. Top Players & Key Products
4.1.5.2.4. Key Conclusions
4.1.5.3. Global Portable Fuel Cell Market
4.1.5.3.1. Adoption Scenario & Market Determinants
4.1.5.3.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.3.3. Top Players & Key Products
4.1.5.3.4. Key Conclusions
4.2. Global Fuel Cell Market By Technology
4.2.1. Market Definition And Scope
4.2.2. Decision Support Database & Estimation Methodology
4.2.3. Comparative Analysis Across Market Segments
4.2.4.  Opportunity Matrix
4.2.5. Market Segmentation
4.2.5.1. Global Solid Oxide Fuel Cells (Sofc) Market
4.2.5.1.1. Application
4.2.5.1.2. Adoption Scenario & Market Determinants
4.2.5.1.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.2.5.1.4. Top Players & Key Products
4.2.5.1.5. Key Conclusions
4.2.5.2. Global Phosphoric Acid Fuel Cells (Pafc) Market
4.2.5.2.1. Application
4.2.5.2.2. Adoption Scenario & Market Determinants
4.2.5.2.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.2.5.2.4. Top Players & Key Products
4.2.5.2.5. Key Conclusions
4.2.5.3. Global Molten Carbonate Fuel Cells (Mcfc) Market
4.2.5.3.1. Application
4.2.5.3.2. Adoption Scenario & Market Determinants
4.2.5.3.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.2.5.3.4. Top Players & Key Products
4.2.5.3.5. Key Conclusions
4.2.5.4. Global Direct Methanol Fuel Cells (Dmfc) Market
4.2.5.4.1. Application
4.2.5.4.2. Adoption Scenario & Market Determinants
4.2.5.4.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.2.5.4.4. Top Players & Key Products
4.2.5.4.5. Key Conclusions
4.2.5.5. Global Polymer/Proton Exchange Membrane Fuel Cells (Pemfc) Market
4.2.5.5.1. Application
4.2.5.5.2. Adoption Scenario & Market Determinants
4.2.5.5.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.2.5.5.4. Top Players & Key Products
4.2.5.5.5. Key Conclusions

5. Competitive Landscape
5.1. Key Strategies
5.1.1. List of Mergers & Acquisitions
5.1.2. List of Joint Ventures
5.1.3. List of Product Launches
5.1.4. List of Partnerships
5.2. Top 10 Company Analysis

6. Geographical Analysis
6.1. Decision Support Database & Estimation Methodology
6.2. Comparative Analysis Across Market Segments
6.3. Opportunity Matrix
6.4.  Global Fuel Cell Market By Region 2014-2023 ($ Million)
6.4.1. North America
6.4.1.1. Industrial Analysis 2014-2023 ($ Million)
6.4.1.2. Top Country Analysis
6.4.1.2.1. U.S.
6.4.1.2.1.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.1.2.1.2. Top Players & Key Products
6.4.1.2.1.3. Key Conclusions
6.4.1.2.2. Canada
6.4.1.2.2.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.1.2.2.2. Top Players & Key Products
6.4.1.2.2.3. Key Conclusions
6.4.2. Europe
6.4.2.1. Industry Analysis 2014-2023 ($ Million)
6.4.2.2. Top Country Analysis
6.4.2.2.1. Uk
6.4.2.2.1.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.1.2. Top Players & Key Products
6.4.2.2.1.3. Key Conclusions
6.4.2.2.2. France
6.4.2.2.2.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.2.2. Top Players & Key Products
6.4.2.2.2.3. Key Conclusions
6.4.2.2.3. Germany
6.4.2.2.3.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.3.2. Top Players & Key Products
6.4.2.2.3.3. Key Conclusions
6.4.2.2.4. Spain
6.4.2.2.4.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.4.2. Top Players & Key Products
6.4.2.2.4.3. Key Conclusions
6.4.2.2.5. Rest of Europe
6.4.2.2.5.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.5.2. Top Players & Key Products
6.4.2.2.5.3. Key Conclusions
6.4.3. Asia Pacific
6.4.3.1. Industry Analysis 2014-2023 ($ Million)
6.4.3.2. Top Country Analysis
6.4.3.2.1. China
6.4.3.2.1.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.1.2. Top Players & Key Products
6.4.3.2.1.3. Key Conclusions
6.4.3.2.2. India
6.4.3.2.2.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.2.2. Top Players & Key Products
6.4.3.2.2.3. Key Conclusions
6.4.3.2.3. Japan
6.4.3.2.3.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.3.2. Top Players & Key Products
6.4.3.2.3.3. Key Conclusions
6.4.3.2.4. Australia
6.4.3.2.4.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.4.2. Top Players & Key Products
6.4.3.2.4.3. Key Conclusions
6.4.3.2.5. Rest of Asia Pacific
6.4.3.2.5.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.5.2. Top Players & Key Products
6.4.3.2.5.3. Key Conclusions
6.4.4. Row
6.4.4.1. Industry Analysis 2014-2023 ($ Million)
6.4.4.2. Top Country Analysis
6.4.4.2.1. Latin America
6.4.4.2.1.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.4.2.1.2. Top Players & Key Products
6.4.4.2.1.3. Key Conclusions
6.4.4.2.2. Middle East & Africa
6.4.4.2.2.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.4.2.2.2. Top Players & Key Products
6.4.4.2.2.3. Key Conclusions

7. Company Profiles
7.1. AFC Energy Plc (Uk)
7.1.1. Overview
7.1.2. Product Portfolio
7.1.3. Key Innovation Sector
7.1.4. Strategic Initiatives
7.1.5. Scot Analysis
7.1.6. Strategic Analysis
7.2. Aisin Seiki Co., Ltd. (Japan)
7.2.1. Overview
7.2.2. Product Portfolio
7.2.3. Key Innovation Sector
7.2.4. Strategic Initiatives
7.2.5. Scot Analysis
7.2.6. Strategic Analysis
7.3. Ballard Power Systems Inc. (Canada)
7.3.1. Overview
7.3.2. Product Portfolio
7.3.3. Key Innovation Sector
7.3.4. Strategic Initiatives
7.3.5. Scot Analysis
7.3.6. Strategic Analysis
7.4. Bloom Energy (U.S.)
7.4.1. Overview
7.4.2. Product Portfolio
7.4.3. Key Innovation Sector
7.4.4. Strategic Initiatives
7.4.5. Scot Analysis
7.4.6. Strategic Analysis
7.5. Ceres Power Holdings Plc (Uk)
7.5.1. Overview
7.5.2. Product Portfolio
7.5.3. Key Innovation Sector
7.5.4. Strategic Initiatives
7.5.5. Scot Analysis
7.6. Exxonmobil Corporation (U.S.)
7.6.1. Overview
7.6.2. Product Portfolio
7.6.3. Key Innovation Sector
7.6.4. Strategic Initiatives
7.6.5. Scot Analysis
7.6.6. Strategic Analysis
7.7. Fuelcell Energy, Inc. (U.S.)
7.7.1. Overview
7.7.2. Product Portfolio
7.7.3. Key Innovation Sector
7.7.4. Strategic Initiatives
7.7.5. Scot Analysis
7.7.6. Strategic Analysis
7.8. General Electric Corporation (U.S.)
7.8.1. Overview
7.8.2. Product Portfolio
7.8.3. Key Innovation Sector
7.8.4. Strategic Initiatives
7.8.5. Scot Analysis
7.8.6. Strategic Analysis
7.9. Hitachi, Ltd. (Japan)
7.9.1. Overview
7.9.2. Product Portfolio
7.9.3. Key Innovation Sector
7.9.4. Strategic Initiatives
7.9.5. Scot Analysis
7.9.6. Strategic Analysis
7.10. Hydrogenics Corporation (Canada)
7.10.1. Overview
7.10.2. Product Portfolio
7.10.3. Key Innovation Sector
7.10.4. Strategic Initiatives
7.10.5. Scot Analysis
7.10.6. Strategic Analysis
7.11. Panasonic Corporation (Japan)
7.11.1. Overview
7.11.2. Product Portfolio
7.11.3. Key Innovation Sector
7.11.4. Strategic Initiatives
7.11.5. Scot Analysis
7.11.6. Strategic Analysis
7.12. Plug Power Inc. (U.S.)
7.12.1. Overview
7.12.2. Product Portfolio
7.12.3. Key Innovation Sector
7.12.4. Strategic Initiatives
7.12.5. Scot Analysis
7.12.6. Strategic Analysis
7.13. SFC Energy Ag (Germany)
7.13.1. Overview
7.13.2. Product Portfolio
7.13.3. Key Innovation Sector
7.13.4. Strategic Initiatives
7.13.5. Scot Analysis
7.13.6. Strategic Analysis
7.14. Toshiba Corporation (Japan)
7.14.1. Overview
7.14.2. Product Portfolio
7.14.3. Key Innovation Sector
7.14.4. Strategic Initiatives
7.14.5. Scot Analysis
7.14.6. Strategic Analysis
7.15. Toyota Motor Corporation (Japan)
7.15.1. Overview
7.15.2. Product Portfolio
7.15.3. Key Innovation Sector
7.15.4. Strategic Initiatives
7.15.5. Scot Analysis
7.15.6. Strategic Analysis

List of Tables
1. Global Fuel Cell Market By Application 2014-2023 ($ Million)
2. Global Transportation Fuel Cell Market By Geography 2014-2023 ($ Million)
3. Global Stationary Fuel Cell Market By Geography 2014-2023 ($ Million)
4. Global Portable Fuel Cell Market By Geography 2014-2023 ($ Million)
5. Global Fuel Cell Market By Technology 2014-2023 ($ Million)
6. Global Solid Oxide Fuel Cells (Sofc) Market By Geography 2014-2023 ($ Million)
7. Global Phosphoric Acid Fuel Cells (Pafc) Market By Geography 2014-2023 ($ Million)
8. Global Molten Carbonate Fuel Cells (Mcfc) Market By Geography 2014-2023 ($ Million)
9. Global Direct Methanol Fuel Cells (Dmfc) Market By Geography 2014-2023 ($ Million)
10. Global Polymer/Proton Exchange Membrane Fuel Cells (Pemfc) Market By Geography 2014-2023 ($ Million)
11. North America Fuel Cell Market 2014-2023 ($ Million)
12. Europe Fuel Cell Market 2014-2023 ($ Million)
13. Asia Pacific Fuel Cell Market 2014-2023 ($ Million)
14. Rest of the World Fuel Cell Market 2014-2023 ($ Million)

List of Figures
1. Global Fuel Cellmarket By Transportation 2014-2023 ($ Million)
2. Global Fuel Cell Market By Stationary Hrdrogen Power Plant 2014-2023 ($ Million)
3. Global Fuel Cell Market By Portable Power Plant 2014-2023 ($ Million)
4. Global Fuel Cell Market By Solid Oxide Fuel Cells (Sofc) 2014-2023 ($ Million)
5. Global Fuel Cell Market By Phosphoric Acid Fuel Cells (Pafc) 2014-2023 ($ Million)
6. Global Fuel Cell Market By Molten Carbonate Fuel Cells (Mcfc)  2014-2023 ($ Million)
7. Global Fuel Cell Market By Direct Methanol Fuel Cells (Dmfc) 2014-2023 ($ Million)
8. Global Fuel Cell Market By Polymer/Proton Exchange Membrane Fuel Cells (Pemfc) 2014-2023 ($ Million)
9. United States (U.S.) Fuel Cell Market 2014-2023 ($ Million)
10. Canada Fuel Cell Market 2014-2023 ($ Million)
11. United Kingdom (Uk) Fuel Cell Market 2014-2023 ($ Million)
12. France Fuel Cell Market 2014-2023 ($ Million)
13. Germany Fuel Cell Market 2014-2023 ($ Million)
14. Spain Fuel Cell Market 2014-2023 ($ Million)
15. Roe Fuel Cell Market 2014-2023 ($ Million)
16. India Fuel Cell Market 2014-2023 ($ Million)
17. China Fuel Cell Market 2014-2023 ($ Million)
18. Japan Fuel Cell Market 2014-2023 ($ Million)
19. Australia Fuel Cell Market 2014-2023 ($ Million)
20. Roapac Fuel Cell Market 2014-2023 ($ Million)
21. Latin America Fuel Cell Market 2014-2023 ($ Million)
22. Mena Fuel Cell Market 2014-2023 ($ Million)

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  • AFC Energy Plc (Uk)
  • Aisin Seiki Co., Ltd. (Japan)
  • Ballard Power Systems Inc. (Canada)
  • Bloom Energy (U.S.)
  • Ceres Power Holdings Plc (Uk)
  • Exxonmobil Corporation (U.S.)
  • Fuelcell Energy, Inc. (U.S.)
  • General Electric Corporation (U.S.)
  • Hitachi, Ltd. (Japan)
  • Hydrogenics Corporation (Canada)
  • Panasonic Corporation (Japan)
  • Plug Power Inc. (U.S.)
  • SFC Energy Ag (Germany)
  • Toshiba Corporation (Japan)
  • Toyota Motor Corporation (Japan)
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown
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