+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)

Molten Carbonate Fuel Cells - Global Strategic Business Report

  • PDF Icon

    Report

  • 182 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4845806
Description Jump to:

Global Molten Carbonate Fuel Cells Market to Reach 626 Megawatts by 2030

The global market for Molten Carbonate Fuel Cells estimated at 119.8 Megawatts in the year 2022, is projected to reach a revised size of 626 Megawatts by 2030, growing at a CAGR of 23% over the analysis period 2022-2030. Utilities, one of the segments analyzed in the report, is projected to record 22.6% CAGR and reach 328.7 Megawatts by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Commercial & Industrial segment is readjusted to a revised 24.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at 37.4 Megawatts, While China is Forecast to Grow at 22.4% CAGR

The Molten Carbonate Fuel Cells market in the U.S. is estimated at 37.4 Megawatts in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 108 Megawatts by the year 2030 trailing a CAGR of 22.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.6% and 18.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 16.1% CAGR.

Select Competitors (Total 13 Featured) -

  • Toshiba Corporation
  • GS Caltex Corporation
  • Ballard Power Systems, Inc.
  • JX Nippon Oil & Energy Corporation
  • FuelCell Energy, Inc.
  • Hydrogenics Corporation
  • Bloom Energy
  • Horizon Fuel Cell Technologies Pte Ltd.
  • Nuvera Fuel Cells LLC
  • Plug Power Inc.
  • Ceres Power Holdings PLC
  • Panasonic Energy Europe n.v.
  • Protonex Technology Corporation
  • AFC Energy PLC
  • Nedstack fuel cell technology BV
  • Ceramic Fuel Cells Limited
  • Doosan Fuel Cell America, Inc.
  • Genport srl
  • Haldor Topsoe A/S
  • SFC Energy AG

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Molten Carbonate Fuel Cells - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Megawatts for Years 2022 through 2030 and % CAGR
  • Table 2: World 8-Year Perspective for Molten Carbonate 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 2023 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for Utilities by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Megawatts for Years 2022 through 2030 and % CAGR
  • Table 4: World 8-Year Perspective for Utilities by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Megawatts for Years 2022 through 2030 and % CAGR
  • Table 6: World 8-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 7: World Molten Carbonate Fuel Cells Market Analysis of Annual Sales in Megawatts for Years 2014 through 2030
  • Table 8: World Recent Past, Current & Future Analysis for Commercial & Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Megawatts for Years 2022 through 2030 and % CAGR
  • Table 9: World 8-Year Perspective for Commercial & Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Molten Carbonate Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 10: USA Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by End-Use - Utilities, Commercial & Industrial and Other End-Uses - Independent Analysis of Annual Sales in Megawatts for the Years 2022 through 2030 and % CAGR
  • Table 11: USA 8-Year Perspective for Molten Carbonate Fuel Cells by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial & Industrial and Other End-Uses for the Years 2023 & 2030
  • CANADA
  • Table 12: Canada Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by End-Use - Utilities, Commercial & Industrial and Other End-Uses - Independent Analysis of Annual Sales in Megawatts for the Years 2022 through 2030 and % CAGR
  • Table 13: Canada 8-Year Perspective for Molten Carbonate Fuel Cells by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial & Industrial and Other End-Uses for the Years 2023 & 2030
  • JAPAN
  • Molten Carbonate Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 14: Japan Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by End-Use - Utilities, Commercial & Industrial and Other End-Uses - Independent Analysis of Annual Sales in Megawatts for the Years 2022 through 2030 and % CAGR
  • Table 15: Japan 8-Year Perspective for Molten Carbonate Fuel Cells by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial & Industrial and Other End-Uses for the Years 2023 & 2030
  • CHINA
  • Molten Carbonate Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 16: China Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by End-Use - Utilities, Commercial & Industrial and Other End-Uses - Independent Analysis of Annual Sales in Megawatts for the Years 2022 through 2030 and % CAGR
  • Table 17: China 8-Year Perspective for Molten Carbonate Fuel Cells by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial & Industrial and Other End-Uses for the Years 2023 & 2030
  • EUROPE
  • Molten Carbonate Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 18: Europe Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in Megawatts for Years 2022 through 2030 and % CAGR
  • Table 19: Europe 8-Year Perspective for Molten Carbonate Fuel Cells by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
  • Table 20: Europe Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by End-Use - Utilities, Commercial & Industrial and Other End-Uses - Independent Analysis of Annual Sales in Megawatts for the Years 2022 through 2030 and % CAGR
  • Table 21: Europe 8-Year Perspective for Molten Carbonate Fuel Cells by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial & Industrial and Other End-Uses for the Years 2023 & 2030
  • FRANCE
  • Molten Carbonate Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 22: France Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by End-Use - Utilities, Commercial & Industrial and Other End-Uses - Independent Analysis of Annual Sales in Megawatts for the Years 2022 through 2030 and % CAGR
  • Table 23: France 8-Year Perspective for Molten Carbonate Fuel Cells by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial & Industrial and Other End-Uses for the Years 2023 & 2030
  • GERMANY
  • Molten Carbonate Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 24: Germany Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by End-Use - Utilities, Commercial & Industrial and Other End-Uses - Independent Analysis of Annual Sales in Megawatts for the Years 2022 through 2030 and % CAGR
  • Table 25: Germany 8-Year Perspective for Molten Carbonate Fuel Cells by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial & Industrial and Other End-Uses for the Years 2023 & 2030
  • ITALY
  • Table 26: Italy Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by End-Use - Utilities, Commercial & Industrial and Other End-Uses - Independent Analysis of Annual Sales in Megawatts for the Years 2022 through 2030 and % CAGR
  • Table 27: Italy 8-Year Perspective for Molten Carbonate Fuel Cells by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial & Industrial and Other End-Uses for the Years 2023 & 2030
  • UNITED KINGDOM
  • Molten Carbonate Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 28: UK Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by End-Use - Utilities, Commercial & Industrial and Other End-Uses - Independent Analysis of Annual Sales in Megawatts for the Years 2022 through 2030 and % CAGR
  • Table 29: UK 8-Year Perspective for Molten Carbonate Fuel Cells by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial & Industrial and Other End-Uses for the Years 2023 & 2030
  • REST OF EUROPE
  • Table 30: Rest of Europe Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by End-Use - Utilities, Commercial & Industrial and Other End-Uses - Independent Analysis of Annual Sales in Megawatts for the Years 2022 through 2030 and % CAGR
  • Table 31: Rest of Europe 8-Year Perspective for Molten Carbonate Fuel Cells by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial & Industrial and Other End-Uses for the Years 2023 & 2030
  • ASIA-PACIFIC
  • Molten Carbonate Fuel Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 32: Asia-Pacific Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by End-Use - Utilities, Commercial & Industrial and Other End-Uses - Independent Analysis of Annual Sales in Megawatts for the Years 2022 through 2030 and % CAGR
  • Table 33: Asia-Pacific 8-Year Perspective for Molten Carbonate Fuel Cells by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial & Industrial and Other End-Uses for the Years 2023 & 2030
  • REST OF WORLD
  • Table 34: Rest of World Recent Past, Current & Future Analysis for Molten Carbonate Fuel Cells by End-Use - Utilities, Commercial & Industrial and Other End-Uses - Independent Analysis of Annual Sales in Megawatts for the Years 2022 through 2030 and % CAGR
  • Table 35: Rest of World 8-Year Perspective for Molten Carbonate Fuel Cells by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial & Industrial and Other End-Uses for the Years 2023 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

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

  • Toshiba Corporation
  • GS Caltex Corporation
  • Ballard Power Systems, Inc.
  • JX Nippon Oil & Energy Corporation
  • FuelCell Energy, Inc.
  • Hydrogenics Corporation
  • Bloom Energy
  • Horizon Fuel Cell Technologies Pte Ltd.
  • Nuvera Fuel Cells LLC
  • Plug Power Inc.
  • Ceres Power Holdings PLC
  • Panasonic Energy Europe n.v.
  • Protonex Technology Corporation
  • AFC Energy PLC
  • Nedstack fuel cell technology BV
  • Ceramic Fuel Cells Limited
  • Doosan Fuel Cell America, Inc.
  • Genport srl
  • Haldor Topsoe A/S
  • SFC Energy AG

Related Topics

Related Reports

Molten Carbonate Fuel Cells (MCFCs) Market Outlook Report - Industry Size, Trends, Insights, Market Share, Competition, Opportunities, and Growth Forecasts by Segments, 2022 to 2030 - Product Image

Molten Carbonate Fuel Cells (MCFCs) Market Outlook Report - Industry Size, Trends, Insights, Market Share, Competition, Opportunities, and Growth Forecasts by Segments, 2022 to 2030

  • Report
  • 146 Pages
  • Global
From
Global Molten Carbonate Fuel Cells Market by Fuel (Biogas, Hydrocarbons, Natural Gas), Application (Portable Power, Stationary, Transportation) - Forecast 2024-2030 - Product Image

Global Molten Carbonate Fuel Cells Market by Fuel (Biogas, Hydrocarbons, Natural Gas), Application (Portable Power, Stationary, Transportation) - Forecast 2024-2030

  • Report
  • 194 Pages
  • Global
From
Molten Carbonate Fuel Cell Global Market Insights 2023, Analysis and Forecast to 2028, by Manufacturers, Regions, Technology, Application, Product Type - Product Image

Molten Carbonate Fuel Cell Global Market Insights 2023, Analysis and Forecast to 2028, by Manufacturers, Regions, Technology, Application, Product Type

  • Report
  • 117 Pages
  • Global
From
Global Stationary Fuel Cells Market by Type (Alkaline Fuel Cells (AFC), Molten Carbonate Fuel Cells (MCFC), Phosphoric Acid Fuel Cells (PAFC)), Capacity (1 KW to 5kW, 251kW to 1MW, 6kW to 250kW), Application, End-Use - Forecast 2024-2030 - Product Image

Global Stationary Fuel Cells Market by Type (Alkaline Fuel Cells (AFC), Molten Carbonate Fuel Cells (MCFC), Phosphoric Acid Fuel Cells (PAFC)), Capacity (1 KW to 5kW, 251kW to 1MW, 6kW to 250kW), Application, End-Use - Forecast 2024-2030

  • Report
  • 197 Pages
  • Global
From
Global Fuel Cell Market Report and Forecast 2023-2028 - Product Image

Global Fuel Cell Market Report and Forecast 2023-2028

  • Report
  • 170 Pages
  • Global
From

About the Molten Carbonate Fuel Cell Market

The Molten Carbonate Fuel Cell (MCFC) is a type of fuel cell that uses a molten carbonate electrolyte to convert chemical energy from a fuel into electrical energy. MCFCs are typically used in stationary applications, such as power plants, and are capable of producing high-efficiency electricity with low emissions. MCFCs are also capable of operating at high temperatures, which allows them to be used in a variety of applications, such as cogeneration and combined heat and power. MCFCs are typically more expensive than other fuel cell technologies, such as proton exchange membrane fuel cells, but they offer higher efficiency and lower emissions. MCFCs are also more tolerant of impurities in the fuel, which makes them suitable for use with a variety of fuels, including natural gas, biogas, and coal gas. The MCFC market is growing, driven by increasing demand for clean energy and the need for efficient energy conversion. Governments around the world are providing incentives for the development and deployment of fuel cell technologies, which is helping to drive the growth of the MCFC market. Some of the major companies in the MCFC market include FuelCell Energy, Bloom Energy, Doosan Fuel Cell America, and Toshiba Energy Systems & Solutions. Show Less Read more

Copyright © 2002-2024 Research and Markets. All Rights Reserved.