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Global Hydrogen Fuel Cell Stacks Market - Product Image

Global Hydrogen Fuel Cell Stacks Market

  • ID: 4852282
  • Report
  • October 2019
  • Region: Global
  • 138 pages
  • TechNavio
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FEATURED COMPANIES

  • Bing Energy Inc.
  • Freudenberg SE
  • Hydrogenics Corp.
  • Nuvera Fuel Cells LLC
  • Plug Power Inc.
  • PowerCell Sweden AB
  • MORE
Global Hydrogen Fuel Cell Stacks Market: About this market
The hydrogen fuel cell stacks market analysis considers sales from applications in stationary, transport, and portable. Our report also finds the sales of hydrogen fuel cell stacks in APAC, Americas, and EMEA. In 2018, the stationary segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as minimal CO2 emission and high-energy efficiency will play a vital role in the stationary segment to maintain its market position. Also, our global hydrogen fuel cell stacks market report looks at factors such as incentives to increase the adoption of FCVs, favorable government regulations and initiatives, and the rising demand for clean energy sources. However, high cost of fuel cell development and adoption, challenges associated with hydrogen refueling facilities, and competition from alternative technologies may hamper the growth of the hydrogen fuel cell stacks industry over the forecast period.

Global Hydrogen Fuel Cell Stacks Market: Overview

Favorable government regulations and initiatives
The adoption of fuel cells and other clean power generation technologies is increasing and is reducing the dependence on fossil fuel. Thus, governments across the globe have introduced several initiatives to reduce the cost of the technology and to improve the hydrogen-related infrastructure. For instance, according to US DOE, the funds provided by the California Energy Commission mainly focused on boosting the deployment of hydrogen refueling stations. This will lead to the expansion of the global hydrogen fuel cell stacks market at a CAGR of over 18% during the forecast period.

Increasing adoption in material handling applications
Hydrogen fuel cells are a new commercial technology and are gaining traction owing to their high efficiency in automotive and power generation applications with low emissions. With the growing R&D activities to develop hydrogen fuel cell infrastructure, hydrogen fuel cell-powered systems have been introduced for material handling equipment, increasing its productivity. This development is expected to have a positive impact on the overall market growth.

Competitive Landscape
With the presence of several major players, the global hydrogen fuel cell stacks market is fragmented. The 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 manufacturers, that include Ballard Power Systems Inc., Bing Energy Inc., Freudenberg SE, Horizon Fuel Cell Technologies Pte. Ltd., Hydrogenics Corp., Nuvera Fuel Cells LLC, Plug Power Inc., PowerCell Sweden AB, Proton Power Systems Plc, and Sunrise 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 on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bing Energy Inc.
  • Freudenberg SE
  • Hydrogenics Corp.
  • Nuvera Fuel Cells LLC
  • Plug Power Inc.
  • PowerCell Sweden AB
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Stationary - Market size and forecast 2018-2023
  • Transport - Market size and forecast 2018-2023
  • Portable - Market size and forecast 2018-2023
  • Market opportunity by application
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • Americas - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Rising strategic partnerships and R&D activities
  • Growing adoption in material handling applications
  • Increasing adoption of microgrids
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Ballard Power Systems Inc.
  • Bing Energy Inc.
  • Freudenberg SE
  • Horizon Fuel Cell Technologies Pte. Ltd.
  • Hydrogenics Corp.
  • Nuvera Fuel Cells LLC
  • Plug Power Inc.
  • PowerCell Sweden AB
  • Proton Power Systems Plc
  • Sunrise Power Co. Ltd.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits
Exhibit 01: Vendor – Key offerings
Exhibit 02: Global renewable energy market
Exhibit 03: Segments of global renewable energy market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Application - Market share 2018-2023 (%)
Exhibit 19: Comparison by application
Exhibit 20: Stationary - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Stationary - Year-over-year growth 2019-2023 (%)
Exhibit 22: Transport - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Transport - Year-over-year growth 2019-2023 (%)
Exhibit 24: Portable - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Portable - Year-over-year growth 2019-2023 (%)
Exhibit 26: Market opportunity by application
Exhibit 27: Customer landscape
Exhibit 28: Market share by geography 2018-2023 (%)
Exhibit 29: Geographic comparison
Exhibit 30: Americas - Market size and forecast 2018-2023 ($ millions)
Exhibit 31: Americas - Year-over-year growth 2019-2023 (%)
Exhibit 32: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 33: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 34: EMEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 36: Key leading countries
Exhibit 37: Market opportunity
Exhibit 38: Impact of drivers and challenges
Exhibit 39: Vendor landscape
Exhibit 40: Landscape disruption
Exhibit 41: Vendors covered
Exhibit 42: Vendor classification
Exhibit 43: Market positioning of vendors
Exhibit 44: Ballard Power Systems Inc. - Vendor overview
Exhibit 45: Ballard Power Systems Inc. - Business segments
Exhibit 46: Ballard Power Systems Inc. - Organizational developments
Exhibit 47: Ballard Power Systems Inc. - Geographic focus
Exhibit 48: Ballard Power Systems Inc. - Key offerings
Exhibit 49: Bing Energy Inc. - Vendor overview
Exhibit 50: Bing Energy Inc. - Key offerings
Exhibit 51: Freudenberg SE - Vendor overview
Exhibit 52: Freudenberg SE - Business segments
Exhibit 53: Freudenberg SE - Organizational developments
Exhibit 54: Freudenberg SE - Geographic focus
Exhibit 55: Freudenberg SE - Segment focus
Exhibit 56: Freudenberg SE - Key offerings
Exhibit 57: Horizon Fuel Cell Technologies Pte. Ltd. - Vendor overview
Exhibit 58: Horizon Fuel Cell Technologies Pte. Ltd. - Key offerings
Exhibit 59: Hydrogenics Corp. - Vendor overview
Exhibit 60: Hydrogenics Corp. - Business segments
Exhibit 61: Hydrogenics Corp. - Organizational developments
Exhibit 62: Hydrogenics Corp. - Geographic focus
Exhibit 63: Hydrogenics Corp. - Segment focus
Exhibit 64: Hydrogenics Corp. - Key offerings
Exhibit 65: Nuvera Fuel Cells LLC - Vendor overview
Exhibit 66: Nuvera Fuel Cells LLC - Organizational developments
Exhibit 67: Nuvera Fuel Cells LLC - Key offerings
Exhibit 68: Plug Power Inc. - Vendor overview
Exhibit 69: Plug Power Inc. - Organizational developments
Exhibit 70: Plug Power Inc. - Key offerings
Exhibit 71: PowerCell Sweden AB - Vendor overview
Exhibit 72: PowerCell Sweden AB - Organizational developments
Exhibit 73: PowerCell Sweden AB - Geographic focus
Exhibit 74: PowerCell Sweden AB - Key offerings
Exhibit 75: Proton Power Systems Plc - Vendor overview
Exhibit 76: Proton Power Systems Plc - Business segments
Exhibit 77: Proton Power Systems Plc - Organizational developments
Exhibit 78: Proton Power Systems Plc - Geographic focus
Exhibit 79: Proton Power Systems Plc - Key offerings
Exhibit 80: Sunrise Power Co. Ltd. - Vendor overview
Exhibit 81: Sunrise Power Co. Ltd. - Key offerings
Exhibit 82: Validation techniques employed for market sizing
Exhibit 83: List of abbreviations
Exhibit 84: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bing Energy Inc.
  • Freudenberg SE
  • Hydrogenics Corp.
  • Nuvera Fuel Cells LLC
  • Plug Power Inc.
  • PowerCell Sweden AB
  • MORE
The following companies are the key players in the global hydrogen fuel cell stacks market: Ballard Power Systems Inc., Bing Energy Inc., Freudenberg SE, Horizon Fuel Cell Technologies Pte. Ltd., Hydrogenics Corp., Nuvera Fuel Cells LLC, Plug Power Inc., PowerCell Sweden AB, Proton Power Systems Plc, and Sunrise Power Co. Ltd.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing adoption in material handling applications.”

According to the report, one of the major drivers for this market is favorable government regulations and initiatives.

Further, the report states that one of the major factors hindering the growth of this market is the challenges associated with hydrogen refueling facilities.

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 Inc.
  • Bing Energy Inc.
  • Freudenberg SE
  • Horizon Fuel Cell Technologies Pte. Ltd.
  • Hydrogenics Corp.
  • Nuvera Fuel Cells LLC
  • Plug Power Inc.
  • PowerCell Sweden AB
  • Proton Power Systems Plc
  • Sunrise Power Co. Ltd.
Note: Product cover images may vary from those shown
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