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Global Hydrogen Fuel Cell Stacks Market 2022-2026

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    Report

  • 120 Pages
  • March 2022
  • Region: Global
  • TechNavio
  • ID: 5561265
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The publisher has been monitoring the hydrogen fuel cell stacks market and it is poised to grow by $713.36 mn during 2022-2026, progressing at a CAGR of 22.30% during the forecast period. The report on the hydrogen fuel cell stacks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing incentives to increase the adoption of FCVs and favourable government regulations and initiatives.

The hydrogen fuel cell stacks market analysis includes the application segment and geographic landscape.

The hydrogen fuel cell stacks market is segmented as below:


By Application


  • Transport
  • Stationary
  • Portable

By Geographical Landscape


  • Americas
  • APAC
  • EMEA

This study identifies the rising demand for clean energy sources as one of the prime reasons driving the hydrogen fuel cell stacks market growth during the next few years.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The report on hydrogen fuel cell stacks market covers the following areas:
  • Hydrogen fuel cell stacks market sizing
  • Hydrogen fuel cell stacks market forecast
  • Hydrogen fuel cell stacks market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hydrogen fuel cell stacks market vendors that include Advent Technologies Holdings Inc., Ballard Power Systems Inc., Cummins Inc., Freudenberg FST GmbH, Horizon Fuel Cell Technologies Pte. Ltd., Nuvera Fuel Cells LLC, Plug Power Inc., PowerCell Sweden AB, Proton Power Systems plc, and Xinyuan Power Co. Ltd. Also, the hydrogen fuel cell stacks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The publisher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1. Executive Summary
1.1 Market Overview
Exhibit 01: Key Finding 1
Exhibit 02: Key Finding 2
Exhibit 03: Key Finding 3
Exhibit 04: Key Finding 5
Exhibit 05: Key Finding 6
Exhibit 06: Key Finding 7
Exhibit 07: Key Finding 8
2. Market Landscape
2.1 Market ecosystem
2.1.1 Parent Market
Exhibit 08 Parent market
Exhibit 09: Market characteristics
2.2 Value Chain Analysis
Exhibit 10: Value Chain Analysis: Energy Storage
InputsOperationsDistribution and logisticsMarketing and sales
Aftermarket and service
Industry innovations:
3. Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 - 2026
Exhibit 13: Global - Market size and forecast 2021 - 2026 ($ million)
Exhibit 14: Global market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 15: Five forces analysis 2021 - 2026
4.2 Bargaining power of buyers
Exhibit 16: Bargaining power of the buyer
4.3 Bargaining power of suppliers
Exhibit 17: Bargaining power of the supplier
4.4 Threat of new entrants
Exhibit 18: Threat of new entrants
4.5 Threat of substitutes
Exhibit 19: Threat of substitutes
4.6 Threat of rivalry
Exhibit 20: Threat of rivalry
4.7 Market condition
Exhibit 21: Market condition - Five forces 2021
5. Market Segmentation by Application
5.1 Market segments
Exhibit 22: Application Market share 2021 - 2026 (%)
5.2 Comparison by Application
Exhibit 23: Comparison by Application
5.3 Transport - Market size and forecast 2021-2026
Exhibit 24: Transport- Market size and forecast 2021-2026 ($ million)
Exhibit 25: Transport - Year-over-year growth 2021-2026 (%)
5.4 Stationary - Market size and forecast 2021-2026
Exhibit 26: Stationary - Market size and forecast 2021-2026 ($ million)
Exhibit 27:Stationary- Year-over-year growth 2021-2026 (%)
5.5 Portable - Market size and forecast 2021-2026
Exhibit 28: Portable - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Portable - Year-over-year growth 2021-2026 (%)
5.6 Market opportunity by Application
Exhibit 30: Market opportunity by Application
6. Customer landscape
  • The publisher's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
6.1 Overview
Exhibit 31: Customer landscape
7. Geographic Landscape
7.1 Geographic segmentation
Exhibit 32: Market share By Geographical Landscape 2021-2026 (%)
7.2 Geographic comparison
Exhibit 33: Geographic comparison
7.3 Americas - Market size and forecast 2021-2026
Exhibit 34: Americas - Market size and forecast 2021-2026($ million)
Exhibit 35: Americas - Year-over-year growth 2021-2026 (%)
7.4 APAC - Market size and forecast 2021-2026
Exhibit 36: APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 37: APAC - Year-over-year growth 2021-2026 (%)
7.5 EMEA - Market size and forecast 2021-2026
Exhibit 38: EMEA - Market size and forecast 2021-2026 ($ million)
Exhibit 39: EMEA - Year-over-year growth 2021-2026(%)
7.6 Key leading countries
Exhibit 40: Key leading countries
7.7 Market opportunity By Geographical Landscape
Exhibit 41: Market opportunity By Geographical Landscape ($ million)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Growing incentives to increase adoption of FCVs
8.1.2 Favorable government regulations and initiatives
8.1.3 Rising demand for clean energy sources
8.2 Market challenges
8.2.1 High cost of fuel cell development and adoption
8.2.2 Challenges associated with hydrogen refueling facilities
8.2.3 Competition from alternative technologies
Exhibit 42: Impact of drivers and challenges
8.3 Market trends
8.3.1 Rising strategic partnerships and R&D activities
8.3.2 Growing adoption in material handling applications
8.3.3 Increasing adoption of microgrids
9. Vendor Landscape
9.1 Overview
Exhibit 43: Vendor landscape
9.2 Landscape disruption
Exhibit 44: Landscape disruption
Exhibit 45: Industry Risk
9.3 Competitive Scenario
10. Vendor Analysis
10.1 Vendors covered
Exhibit 46: Vendors covered
10.2 Market positioning of vendors
Exhibit 47: Market positioning of vendors
10.3 Advent Technologies Holdings Inc.
Exhibit 48: Advent Technologies Holdings Inc. - Overview
Exhibit 49: Advent Technologies Holdings Inc. - Product and service
Exhibit 50: Advent Technologies Holdings Inc. - Key offerings
10.4 Ballard Power Systems Inc.
Exhibit 51: Ballard Power Systems Inc. - Overview
Exhibit 52: Ballard Power Systems Inc. - Business segments
Exhibit 53: Ballard Power Systems Inc. - Key offerings
Exhibit 54: Ballard Power Systems Inc. - Segment focus
10.5 Cummins Inc.
Exhibit 55: Cummins Inc. - Overview
Exhibit 56: Cummins Inc. - Business segments
Exhibit 57: Cummins Inc. - Key offerings
Exhibit 58: Cummins Inc. - Segment focus
10.6 Freudenberg FST GmbH
Exhibit 59: Freudenberg FST GmbH - Overview
Exhibit 60: Freudenberg FST GmbH - Product and service
Exhibit 61: Freudenberg FST GmbH - Key offerings
10.7 Horizon Fuel Cell Technologies Pte. Ltd.
Exhibit 62: Horizon Fuel Cell Technologies Pte. Ltd. - Overview
Exhibit 63: Horizon Fuel Cell Technologies Pte. Ltd. - Product and service
Exhibit 64: Horizon Fuel Cell Technologies Pte. Ltd. - Key offerings
10.8 Nuvera Fuel Cells LLC
Exhibit 65: Nuvera Fuel Cells LLC - Overview
Exhibit 66: Nuvera Fuel Cells LLC - Product and service
Exhibit 67: Nuvera Fuel Cells LLC - Key offerings
10.9 Plug Power Inc.
Exhibit 68: Plug Power Inc. - Overview
Exhibit 69: Plug Power Inc. - Product and service
Exhibit 70: Plug Power Inc. - Key offerings
10.10 PowerCell Sweden AB
Exhibit 71: PowerCell Sweden AB - Overview
Exhibit 72: PowerCell Sweden AB - Product and service
Exhibit 73: PowerCell Sweden AB - Key offerings
10.11 Proton Power Systems plc
Exhibit 74: Proton Power Systems plc - Overview
Exhibit 75: Proton Power Systems plc - Product and service
Exhibit 76: Proton Power Systems plc - Key offerings
10.12 Xinyuan Power Co. Ltd.
Exhibit 77: Xinyuan Power Co. Ltd. - Overview
Exhibit 78: Xinyuan Power Co. Ltd. - Product and service
Exhibit 79: Xinyuan Power Co. Ltd. - Key offerings
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 80: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 81: Research Methodology
Exhibit 82: Validation techniques employed for market sizing
Exhibit 83: Information sources
11.4 List of abbreviations
Exhibit 84: List of abbreviations
List of Exhibits
Exhibit 1: Key Finding 1
Exhibit 2: Key Finding 2
Exhibit 3: Key Finding 3
Exhibit 4: Key Finding 5
Exhibit 5: Key Finding 6
Exhibit 6: Key Finding 7
Exhibit 7: Key Finding 8
Exhibit 8: Parent market
Exhibit 9: Market characteristics
Exhibit 10: Offerings of vendors included in the market definition
Exhibit 11: Market segments
Exhibit 12: Global - Market size and forecast 2021 - 2026 ($ million)
Exhibit 13: Global market: Year-over-year growth 2021 - 2026 (%)
Exhibit 14: Five forces analysis 2021 & 2026
Exhibit 15: Bargaining power of buyers
Exhibit 16: Bargaining power of suppliers
Exhibit 17: Threat of new entrants
Exhibit 18: Threat of substitutes
Exhibit 19: Threat of rivalry
Exhibit 20: Market condition - Five forces 2021
Exhibit 21: Application - Market share 2021-2026 (%)
Exhibit 22: Comparison by Application
Exhibit 23: Transport - Market size and forecast 2021-2026 ($ million)
Exhibit 24: Transport - Year-over-year growth 2021-2026 (%)
Exhibit 25: Stationary - Market size and forecast 2021-2026 ($ million)
Exhibit 26: Stationary - Year-over-year growth 2021-2026 (%)
Exhibit 27: Portable - Market size and forecast 2021-2026 ($ million)
Exhibit 28: Portable - Year-over-year growth 2021-2026 (%)
Exhibit 29: Market opportunity by Application
Exhibit 30: Customer landscape
Exhibit 31: Market share By Geographical Landscape 2021-2026 (%)
Exhibit 32: Geographic comparison
Exhibit 33: Americas - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Americas - Year-over-year growth 2021-2026 (%)
Exhibit 35: APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 36: APAC - Year-over-year growth 2021-2026 (%)
Exhibit 37: EMEA - Market size and forecast 2021-2026 ($ million)
Exhibit 38: EMEA - Year-over-year growth 2021-2026 (%)
Exhibit 39: Key leading countries
Exhibit 40: Market opportunity By Geographical Landscape ($ million)
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Industry risks
Exhibit 45: Vendors covered
Exhibit 46: Market positioning of vendors
Exhibit 47: Advent Technologies Holdings Inc. - Overview
Exhibit 48: Advent Technologies Holdings Inc. - Product and service
Exhibit 49: Advent Technologies Holdings Inc. - Key offerings
Exhibit 50: Advent Technologies Holdings Inc. - Key customers
Exhibit 51: Advent Technologies Holdings Inc. - Segment focus
Exhibit 52: Ballard Power Systems Inc. - Overview
Exhibit 53: Ballard Power Systems Inc. - Business segments
Exhibit 54: Ballard Power Systems Inc. - Key offerings
Exhibit 55: Ballard Power Systems Inc. - Key customers
Exhibit 56: Ballard Power Systems Inc. - Segment focus
Exhibit 57: Cummins Inc. - Overview
Exhibit 58: Cummins Inc. - Business segments
Exhibit 59: Cummins Inc. - Key offerings
Exhibit 60: Cummins Inc. - Key customers
Exhibit 61: Cummins Inc. - Segment focus
Exhibit 62: Freudenberg FST GmbH - Overview
Exhibit 63: Freudenberg FST GmbH - Product and service
Exhibit 64: Freudenberg FST GmbH - Key offerings
Exhibit 65: Freudenberg FST GmbH - Key customers
Exhibit 66: Freudenberg FST GmbH - Segment focus
Exhibit 67: Horizon Fuel Cell Technologies Pte. Ltd. - Overview
Exhibit 68: Horizon Fuel Cell Technologies Pte. Ltd. - Product and service
Exhibit 69: Horizon Fuel Cell Technologies Pte. Ltd. - Key offerings
Exhibit 70: Horizon Fuel Cell Technologies Pte. Ltd. - Key customers
Exhibit 71: Horizon Fuel Cell Technologies Pte. Ltd. - Segment focus
Exhibit 72: Nuvera Fuel Cells LLC - Overview
Exhibit 73: Nuvera Fuel Cells LLC - Product and service
Exhibit 74: Nuvera Fuel Cells LLC - Key offerings
Exhibit 75: Nuvera Fuel Cells LLC - Key customers
Exhibit 76: Nuvera Fuel Cells LLC - Segment focus
Exhibit 77: Plug Power Inc. - Overview
Exhibit 78: Plug Power Inc. - Product and service
Exhibit 79: Plug Power Inc. - Key offerings
Exhibit 80: Plug Power Inc. - Key customers
Exhibit 81: Plug Power Inc. - Segment focus
Exhibit 82: PowerCell Sweden AB - Overview
Exhibit 83: PowerCell Sweden AB - Product and service
Exhibit 84: PowerCell Sweden AB - Key offerings
Exhibit 85: PowerCell Sweden AB - Key customers
Exhibit 86: PowerCell Sweden AB - Segment focus
Exhibit 87: Proton Power Systems plc - Overview
Exhibit 88: Proton Power Systems plc - Product and service
Exhibit 89: Proton Power Systems plc - Key offerings
Exhibit 90: Proton Power Systems plc - Key customers
Exhibit 91: Proton Power Systems plc - Segment focus
Exhibit 92: Xinyuan Power Co. Ltd. - Overview
Exhibit 93: Xinyuan Power Co. Ltd. - Product and service
Exhibit 94: Xinyuan Power Co. Ltd. - Key offerings
Exhibit 95: Xinyuan Power Co. Ltd. - Key customers
Exhibit 96: Xinyuan Power Co. Ltd. - Segment focus
Exhibit 97: Currency conversion rates for US$
Exhibit 98: Research Methodology
Exhibit 99: Validation techniques employed for market sizing
Exhibit 100: Information sources
Exhibit 101: List of abbreviations

Executive Summary

The publisher announces the Publication of its Research Report - Global Hydrogen Fuel Cell Stacks Market 2022-2026

The publisher recognizes the following companies as the key players in the global hydrogen fuel cell stacks market: Advent Technologies Holdings Inc., Ballard Power Systems Inc., Cummins Inc., Freudenberg FST GmbH, Horizon Fuel Cell Technologies Pte. Ltd., Nuvera Fuel Cells LLC, Plug Power Inc., PowerCell Sweden AB, Proton Power Systems plc, and Xinyuan Power Co. Ltd.

Commenting on the report, an analyst from the publisher said: 'The latest trend gaining momentum in the market is rising demand for clean energy sources.'

According to the report, one of the major drivers for this market is growing incentives to increase the adoption of FCVs.

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.

Companies Mentioned (Partial List)

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

  • Advent Technologies Holdings Inc.
  • Ballard Power Systems Inc.
  • Cummins Inc.
  • Freudenberg FST GmbH
  • Horizon Fuel Cell Technologies Pte. Ltd.
  • Nuvera Fuel Cells LLC
  • Plug Power Inc.
  • PowerCell Sweden AB
  • Proton Power Systems plc
  • Xinyuan Power Co. Ltd.