Global Fuel Cells Market for Automotive Industry 2017-2021

  • ID: 4390848
  • Report
  • Region: Global
  • 85 pages
  • TechNavio
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FEATURED COMPANIES

  • Acumentrics
  • Automotive Fuel Cell
  • Cellkraft
  • EnergyOR Technologies
  • Hydrogenics
  • NEL
  • MORE
About Fuel Cells

Fuel cells like batteries generate electricity from chemical synthesis. The electrochemical reaction in the fuel cell oxidizes the hydrogen, which reacts with oxygen to form water and release electrons. All fuel cells follow a standard design, wherein two electrodes (a porous anode and cathode) are separated by an electrolyte. The electrolyte carries electrically charged particles. To accelerate the electrochemical reaction, a catalyst is used. Fuel cells are categorized by the nature of the electrolyte used.

The analysts forecast the global fuel cells market for automotive industry to grow at a CAGR of 9.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global fuel cells market for automotive industry for 2017-2021. To calculate the market size, the report considers the new installations in the market and only fuel cells for automotive industry has been considered in market sizing.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Fuel Cells Market for Automotive Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ballard Power Systems
  • Hydrogenics
  • Nuvera Fuel Cells
  • Oorja Fuel Cells
  • PLUG POWER
Other prominent vendors
  • Acumentrics
  • AFC Energy
  • Air Products and Chemicals
  • Automotive Fuel Cell
  • Cellkraft
  • Delphi Automotive
  • EnergyOR Technologies
  • H2 Logic A/S
  • Intelligent Energy
  • NEL
  • Proton Motor Fuel Cell
  • Symbio FCell
Market drivers
  • Increased demand for efficient and cleaner fuel
  • For a full, detailed list, view the full report
Market challenges
  • Lack of refueling infrastructures for FCEVs
  • For a full, detailed list, view the full report
Market trends
  • Reduction in the cost of fuel cell system
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Acumentrics
  • Automotive Fuel Cell
  • Cellkraft
  • EnergyOR Technologies
  • Hydrogenics
  • NEL
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • Fuel cell overview
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Global fuel cells market for automotive industry by application
  • Light-duty vehicles
  • Heavy-duty vehicles
  • Other vehicles
PART 07: Geographical segmentation
  • Global fuel cells market for automotive industry by geography
  • APAC
  • Americas
  • EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Reduction in the cost of fuel cell system
  • Increase in R&D investment and activities
  • Diverse applications
PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • Ballard Power Systems
  • Hydrogenics
  • Nuvera Fuel Cells
  • Oorja Fuel Cells
  • PLUG POWER
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Comparison of fuel cell technologies
Exhibit 02: Description of fuel cell applications
Exhibit 03: Fuel cell applications
Exhibit 04: Fuel cell market evolution
Exhibit 05: Types of SOFCs
Exhibit 06: Market overview
Exhibit 07: Global fuel cells market for automotive industry 2016-2021 (MW)
Exhibit 08: Summary of typical hydrogen production and storage
Exhibit 09: Comparison of conversion efficiency for FCEVs and electric vehicles (EVs)
Exhibit 10: Five forces analysis
Exhibit 11: Global fuel cells market for automotive industry by application 2016 and 2021 (%)
Exhibit 12: Global fuel cells market for automotive industry by application 2016 - 2021 (MW)
Exhibit 13: Global fuel cells market for automotive industry by light-duty vehicles 2016-2021 (MW)
Exhibit 14: Global fuel cells market for automotive industry by heavy-duty vehicles 2016-2021 (MW)
Exhibit 15: Global fuel cells market for automotive industry by other vehicles 2016-2021 (MW)
Exhibit 16: Major companies using fuel cell-powered MHE
Exhibit 17: Global fuel cells market for automotive industry by geography 2016 and 2021 (%)
Exhibit 18: Global fuel cells market for automotive industry by geography 2016-2021 (MW)
Exhibit 19: Fuel cells market for automotive industry in APAC 2016-2021 (MW)
Exhibit 20: Fuel cells market for automotive industry in Americas 2016-2021 (MW)
Exhibit 21: The US DOE's funding opportunity announcement (FOA): Areas of interest
Exhibit 22: Fuel cells market for automotive industry in EMEA 2016-2021 (MW)
Exhibit 23: Major fuel cell developments in EU, 2008-2013
Exhibit 24: Efficiency comparison of combustion engine and fuel cell vehicles
Exhibit 25: Government incentives for fuel cell vehicles
Exhibit 26: Comparison of ICE, FCEVs, and EVs
Exhibit 27: Comparative study of the number of hydrogen filling stations, natural gas stations, and EVSE outlets worldwide 2016
Exhibit 28: Global crude oil price volatility 2007-2016 ($/bbl)
Exhibit 29: Fuel cell system costs
Exhibit 30: NETL SOFC programs
Exhibit 31: Organizations involved in fuel cell components R&D in China
Exhibit 32: Other prominent vendors for global fuel cells market for automotive industry (indicative list)
Exhibit 33: Ballard Power Systems: Business segmentation
Exhibit 34: Ballard Power Systems: Key products
Exhibit 35: Hydrogenics: Key products
Exhibit 36: Nuvera Fuel Cells: Product and services
Exhibit 37: Nuvera Fuel Cells: Product categories
Exhibit 38: Oorja Fuel Cells: Key product offerings
Exhibit 39: PLUG POWER: Key product offerings
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FEATURED COMPANIES

  • Acumentrics
  • Automotive Fuel Cell
  • Cellkraft
  • EnergyOR Technologies
  • Hydrogenics
  • NEL
  • MORE
New Report Released: - Global Fuel Cells Market for Automotive Industry 2017-2021

The author of the report recognizes the following companies as the key players in the global fuel cells market for automotive industry: Ballard Power Systems, Hydrogenics, Nuvera Fuel Cells, Oorja Fuel Cells, and PLUG POWER.

Other Prominent Vendors in the market are: Acumentrics, AFC Energy, Air Products and Chemicals, Automotive Fuel Cell, Cellkraft, Delphi Automotive, EnergyOR Technologies, H2 Logic A/S, Intelligent Energy, NEL, Proton Motor Fuel Cell, and Symbio FCell.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Reduction in the cost of fuel cell system. Technology developments have allowed the developments of new techniques, which have reduced the price of fuel cells. Fuel cell manufacturers are bringing down the cost of production with the reduction in the amount of platinum used in fuel cells. This has resulted in a cost reduction of up to 30% since 2008.”

According to the report, one of the major drivers for this market is Increased demand for efficient and cleaner fuel. The transport sector accounts for about a quarter of the energy-related greenhouse gas (GHG) emissions. Since the proportion of GHG emission from the transport sector is considerable, auto regulators worldwide are setting emission targets in an effort to bring down emission levels. The polluting tailpipe emission can be broken down into hydrocarbons, nitrogen oxides (NOx), carbon monoxide, sulfur oxide (SOx), and particle matter (PM). Regulations and policies are put into effect in different regions of the world, but the overall message is clear that the automotive industry needs to drastically limit the amount of emissions it produces.

Further, the report states that one of the major factors hindering the growth of this market is Lack of refueling infrastructures for FCEVs. One of the biggest challenges that impede large-scale commercial adoption of fuel cell vehicles is the low number of hydrogen filling stations worldwide. Hydrogen filling stations are vastly outnumbered by natural gas refueling stations and charging stations for EVs.

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.
Note: Product cover images may vary from those shown
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  • Ballard Power Systems
  • Hydrogenics
  • Nuvera Fuel Cells
  • Oorja Fuel Cells
  • PLUG POWER
  • Acumentrics
  • AFC Energy
  • Air Products and Chemicals
  • Automotive Fuel Cell
  • Cellkraft
  • Delphi Automotive
  • EnergyOR Technologies
  • H2 Logic A/S
  • Intelligent Energy
  • NEL
  • Proton Motor Fuel Cell
  • Symbio FCell
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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