Middle East & Africa Fuel Cell Market 2019-2027

Market Outlook

This research shows that the Middle East & Africa fuel cell market is anticipated to elevate with CAGR of 13.20% for the estimated period of 2019-2027.

The countries namely, Turkey, Saudi Arabia, United Arab Emirates (UAE), South Africa and Rest of the Middle East & Africa form the fuel cell market of Middle East & Africa. The forces, like rising investments in hydrogen refuelling infrastructure and installations of movable charging sources, are driving the demand for fuel cells in the region. Various dominant players in the market are checking the growing utilization of fuel cells technology in hydrogen-fuelled vehicles, power generation plants and other industrial sectors. The conducive environment for fuel cells market growth owes to significant government initiatives and support like research grants, subsidies, tax benefits and other incentives.

The high capital cost of fuel cells and east availability of other alternative technologies such as solar energy, pose challenges to the market of fuel cells. Nevertheless, the region with abundant raw material like platinum and growing efforts on R&D of fuel cell technology shows vast opportunities and bright prospect.

Competitive Outlook

The eminent players operating in fuel cell market are AFC Energy PLC, Aisin Seiki Co.Ltd., SFC Energy AG, Toshiba Corporation, Fuelcell Energy Inc., Panasonic Corporation, Hitachi Limited, Hydrogenics Corporation, Bloom Energy Corporation, Toyota Motor Corporation, General Electric Company, Ceres Power Holdings PLC, Exxon Mobil Corporation, Plug Power Inc., and Ballard Power Systems.

1. Middle East & Africa Fuel Cell Market - Summary

2. Industry Outlook

2.1. Market Definition
2.2. Key Insights
2.2.1. Promising Investments in Fuel Cell
2.2.2. Increasing Number of Partnerships Between Public & Private Companies
2.2.3. Growing Application of Fuel Cell in EV’s, HEV’s & PHEV’s
2.2.4. Proactive Involvement of Universities, Government Organizations & Companies in R&D
2.3. Porter’s Five Force Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Industry Components
2.6.1. Raw Material Suppliers
2.6.2. Manufacturers
2.6.3. Distributors
2.6.4. End-Users
2.7. Key Impact Analysis
2.7.1. Cost
2.7.2. Application
2.7.3. Efficiency
2.8. Regulatory Framework
2.9. Industry Player Positioning
2.10. Market Drivers
2.10.1. Benefits Offered by Fuel Cells Over Other Power Generating Systems
2.10.2. Growing Demand For Efficient & Cleaner Technologies
2.10.3. Rapid Integration of Fuel Cell Technology in Automobiles
2.11. Market Restraints
2.11.1. Issues With Durability of Fuel Cell Technology
2.11.2. High Capital Cost of Fuel Cells
2.12. Market Opportunities
2.12.1. Declining Prices of Fuel Cells & Fcv’s
2.12.2. Growing Number of Hydrogen Refuelling Stations
2.13. Market Challenges
2.13.1. Availability of Alternative Technologies
2.13.2. Lack of Fuel Infrastructure

3. Middle East & Africa Fuel Cell Industry Outlook - by Application

3.1. Transportation
3.2. Stationary
3.3. Portable

4. Middle East & Africa Fuel Cell Industry Outlook - by Type

4.1. Solid Oxide Fuel Cells (Sofc)
4.2. Phosphoric Acid Fuel Cells (Pafc)
4.3. Molten Carbonate Fuel Cells (Mcfc)
4.4. Proton Exchange Membrane Fuel Cells (Pemfc)
4.5. Other Fuel Cells

5. Middle East & Africa Fuel Cell Industry – Regional Outlook

5.1. United Arab Emirates
5.2. Turkey
5.3. Saudi Arabia
5.4. South Africa
5.5. Rest of Middle East & Africa

6. Competitive Landscape

6.1. Hitachi Ltd
6.2. General Electric Company
6.3. Exxon Mobil Corporation
6.4. Afc Energy Plc
6.5. Fuelcell Energy Inc
6.6. Hydrogenics Corporation
6.7. Aisin Seiki Co Ltd
6.8. Ballard Power Systems
6.9. Bloom Energy Corporation
6.10. Ceres Power Holdings Plc
6.11. Plug Power Inc
6.12. Sfc Energy Ag
6.13. Panasonic Corporation
6.14. Toyota Motor Corporation
6.15. Toshiba Corporation

7. Research Methodology & Scope

7.1. Research Scope & Deliverables
7.2. Sources of Data
7.3. Research Methodology

Table List

Table 1: Middle East & Africa Fuel Cell Market, by Country, 2019-2027 (In $ Million)
Table 2: Prominent Investment in Fuel Cells
Table 3: Vendor Scorecard
Table 4: Regulatory Framework
Table 5: Typical Stack Size of Different Fuel Cell Technologies
Table 6: Energy Conversion Efficiency of Different Energy Sources
Table 7: Estimated Number of Fcev’s On Road in Key Geographies, 2014- 2020
Table 8: Middle East & Africa Fuel Cell Market, by Country, 2019-2027 (In $ Million)
Table 9: Middle East & Africa Fuel Cell Market, by Application, 2019-2027 (In $ Million)
Table 10: Middle East & Africa Fuel Cell Market, by Type, 2019-2027 (In $ Million)

Figure List

Figure 1: Middle East & Africa Fuel Cell Market, by Application, 2018 & 2027 (In %)
Figure 2: Netl’s Sofc Program
Figure 3: Market Attractiveness Index
Figure 4: Industry Components
Figure 5: Key Impact Analysis
Figure 6: Industry Player Positioning in 2018 (In %)
Figure 7: Fuel Cell System Costs ($)
Figure 8: Estimated Number of Hydrogen Fueling Stations in Key Geographies, 2014-2020
Figure 9: Middle East & Africa Fuel Cell Market, by Transportation, 2019-2027 (In $ Million)
Figure 10: Middle East & Africa Fuel Cell Market, by Stationary, 2019-2027 (In $ Million)
Figure 11: Middle East & Africa Fuel Cell Market, by Portable, 2019-2027 (In $ Million)
Figure 12: Middle East & Africa Fuel Cell Market, by Solid Oxide Fuel Cells (Sofc), 2019-2027 (In $ Million)
Figure 13: Middle East & Africa Fuel Cell Market, by Phosphoric Acid Fuel Cells (Pafc), 2019-2027 (In $ Million)
Figure 14: Middle East & Africa Fuel Cell Market, by Molten Carbonate Fuel Cells (Mcfc), 2019-2027 (In $ Million)
Figure 15: Middle East & Africa Fuel Cell Market, by Proton Exchange Membrane Fuel Cells (Pemfc), 2019-2027 (In $ Million)
Figure 16: Middle East & Africa Fuel Cell Market, by Other Fuel Cells, 2019-2027 (In $ Million)
Figure 17: Middle East & Africa Fuel Cell Market, Regional Outlook, 2018 & 2027 (In %)
Figure 18: United Arab Emirates Fuel Cell Market, 2019-2027 (In $ Million)
Figure 19: Turkey Fuel Cell Market, 2019-2027 (In $ Million)
Figure 20: Saudi Arabia Fuel Cell Market, 2019-2027 (In $ Million)
Figure 21: South Africa Fuel Cell Market, 2019-2027 (In $ Million)
Figure 22: Rest of Middle East & Africa Fuel Cell Market, 2019-2027 (In $ Million)