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Global Fuel Cells Market for Automotive Industry Market 2021-2025

  • ID: 5205154
  • Report
  • August 2021
  • Region: Global
  • 120 Pages
  • TechNavio
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

FEATURED COMPANIES

  • Cummins Inc.
  • ElringKlinger AG
  • Intelligent Energy Ltd.
  • Plug Power Inc.
  • PowerCell Sweden AB
  • Proton Power Systems plc
1h Free Analyst Time

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The publisher has been monitoring the fuel cells market for automotive industry and it is poised to grow by $2.58 bn during 2021-2025, decelerating at a CAGR of 26.41% during the forecast period. The report on the fuel cells market for automotive industry 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 the increased demand for efficient and cleaner fuels and government incentives for fuel cell vehicles.

The fuel cells market for automotive industry analysis includes the application segment and geographic landscape.

The fuel cells market for automotive industry is segmented as below:


By Application

  • Light-duty vehicles
  • Heavy-duty vehicles
  • Others

By Geographical Landscape

  • APAC
  • Americas
  • EMEA

This study identifies the advantages of hydrogen fuel cell vehicles as one of the prime reasons driving the fuel cells market for automotive industry growth during the next few years.

The report on fuel cells market for automotive industry covers the following areas:

  • Fuel cells market for automotive industry sizing
  • Fuel cells market for automotive industry forecast
  • Fuel cells market for automotive industry analysis

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 fuel cells market for automotive industry vendors that include Ballard Power Systems Inc., Cummins Inc., ElringKlinger AG, Horizon Fuel Cell Technologies Pte. Ltd., Hyster-Yale Materials Handling Inc., Intelligent Energy Ltd., NedStack fuel cell technology BV, Plug Power Inc., PowerCell Sweden AB, and Proton Power Systems plc. Also, the fuel cells market for automotive industry 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 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.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Cummins Inc.
  • ElringKlinger AG
  • Intelligent Energy Ltd.
  • Plug Power Inc.
  • PowerCell Sweden AB
  • Proton Power Systems plc

Executive Summary

  • Market overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • Americas - Market size and forecast 2020-2025
  • EMEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity By Geographical Landscape
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Ballard Power Systems Inc.
  • Cummins Inc.
  • ElringKlinger AG
  • Horizon Fuel Cell Technologies Pte. Ltd.
  • Hyster-Yale Materials Handling Inc.
  • Intelligent Energy Ltd.
  • NedStack fuel cell technology BV
  • Plug Power Inc.
  • PowerCell Sweden AB
  • Proton Power Systems plc

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Exhibits

1: Key Finding 1
2: Key Finding 2
3: Key Finding 3
4: Key Finding 5
5: Key Finding 6
6: Key Finding 7
7: Key Finding 8
8: Parent market
9: Market characteristics
10: Offerings of vendors included in the market definition
11: Market segments
12: Global - Market size and forecast 2020 - 2025 ($ million)
13: Global market: Year-over-year growth 2020 - 2025 (%)
14: Five forces analysis 2020 & 2025
15: Bargaining power of buyers
16: Bargaining power of suppliers
17: Threat of new entrants
18: Threat of substitutes
19: Threat of rivalry
20: Market condition - Five forces 2020
21: Application - Market share 2020-2025 (%)
22: Comparison by Application
23: Light-duty vehicles - Market size and forecast 2020-2025 ($ million)
24: Light-duty vehicles - Year-over-year growth 2020-2025 (%)
25: Heavy-duty vehicles - Market size and forecast 2020-2025 ($ million)
26: Heavy-duty vehicles - Year-over-year growth 2020-2025 (%)
27: Others - Market size and forecast 2020-2025 ($ million)
28: Others - Year-over-year growth 2020-2025 (%)
29: Market opportunity by Application
30: Customer landscape
31: Market share By Geographical Landscape 2020-2025 (%)
32: Geographic comparison
33: APAC - Market size and forecast 2020-2025 ($ million)
34: APAC - Year-over-year growth 2020-2025 (%)
35: Americas - Market size and forecast 2020-2025 ($ million)
36: Americas - Year-over-year growth 2020-2025 (%)
37: EMEA - Market size and forecast 2020-2025 ($ million)
38: EMEA - Year-over-year growth 2020-2025 (%)
39: Key leading countries
40: Market opportunity By Geographical Landscape ($ million)
41: Impact of drivers and challenges
42: Vendor landscape
43: Landscape disruption
44: Industry risks
45: Vendors covered
46: Market positioning of vendors
47: Ballard Power Systems Inc. - Overview
48: Ballard Power Systems Inc. - Business segments
49: Ballard Power Systems Inc. - Key offerings
50: Ballard Power Systems Inc. - Key customers
51: Ballard Power Systems Inc. - Segment focus
52: Cummins Inc. - Overview
53: Cummins Inc. - Business segments
54: Cummins Inc. - Key offerings
55: Cummins Inc. - Key customers
56: Cummins Inc. - Segment focus
57: ElringKlinger AG - Overview
58: ElringKlinger AG - Business segments
59: ElringKlinger AG - Key offerings
60: ElringKlinger AG - Key customers
61: ElringKlinger AG - Segment focus
62: Horizon Fuel Cell Technologies Pte. Ltd. - Overview
63: Horizon Fuel Cell Technologies Pte. Ltd. - Product and service
64: Horizon Fuel Cell Technologies Pte. Ltd. - Key offerings
65: Horizon Fuel Cell Technologies Pte. Ltd. - Key customers
66: Horizon Fuel Cell Technologies Pte. Ltd. - Segment focus
67: Hyster-Yale Materials Handling Inc. - Overview
68: Hyster-Yale Materials Handling Inc. - Business segments
69: Hyster-Yale Materials Handling Inc. - Key offerings
70: Hyster-Yale Materials Handling Inc. - Key customers
71: Hyster-Yale Materials Handling Inc. - Segment focus
72: Intelligent Energy Ltd. - Overview
73: Intelligent Energy Ltd. - Product and service
74: Intelligent Energy Ltd. - Key offerings
75: Intelligent Energy Ltd. - Key customers
76: Intelligent Energy Ltd. - Segment focus
77: NedStack fuel cell technology BV - Overview
78: NedStack fuel cell technology BV - Product and service
79: NedStack fuel cell technology BV - Key offerings
80: NedStack fuel cell technology BV - Key customers
81: NedStack fuel cell technology BV - Segment focus
82: Plug Power Inc. - Overview
83: Plug Power Inc. - Product and service
84: Plug Power Inc. - Key offerings
85: Plug Power Inc. - Key customers
86: Plug Power Inc. - Segment focus
87: PowerCell Sweden AB - Overview
88: PowerCell Sweden AB - Product and service
89: PowerCell Sweden AB - Key offerings
90: PowerCell Sweden AB - Key customers
91: PowerCell Sweden AB - Segment focus
92: Proton Power Systems plc - Overview
93: Proton Power Systems plc - Product and service
94: Proton Power Systems plc - Key offerings
95: Proton Power Systems plc - Key customers
96: Proton Power Systems plc - Segment focus
97: Currency conversion rates for US$
98: Research Methodology
99: Validation techniques employed for market sizing
100: Information sources
101: List of abbreviations
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Cummins Inc.
  • ElringKlinger AG
  • Intelligent Energy Ltd.
  • Plug Power Inc.
  • PowerCell Sweden AB
  • Proton Power Systems plc
The publisher recognizes the following companies as the key players in the global fuel cells market for automotive industry: Ballard Power Systems Inc., Cummins Inc., ElringKlinger AG, Horizon Fuel Cell Technologies Pte. Ltd., Hyster-Yale Materials Handling Inc., Intelligent Energy Ltd., NedStack fuel cell technology BV, Plug Power Inc., PowerCell Sweden AB, and Proton Power Systems plc.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is advantages of hydrogen fuel cell vehicles.`

According to the report, one of the major drivers for this market is the increased demand for efficient and cleaner fuel.

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

A selection of companies mentioned in this report includes:

  • Ballard Power Systems Inc.
  • Cummins Inc.
  • ElringKlinger AG
  • Horizon Fuel Cell Technologies Pte. Ltd.
  • Hyster-Yale Materials Handling Inc.
  • Intelligent Energy Ltd.
  • NedStack fuel cell technology BV
  • Plug Power Inc.
  • PowerCell Sweden AB
  • Proton Power Systems plc
Note: Product cover images may vary from those shown