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
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Table of Contents
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