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Global Fuel Cells Market for Industrial and Military Applications 2021-2025

  • ID: 5212639
  • Report
  • August 2021
  • Region: Global
  • 120 Pages
  • TechNavio
1h Free Analyst Time
1h Free Analyst Time

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FEATURED COMPANIES

  • Doosan Corp.
  • FuelCell Energy Inc.
  • Intelligent Energy Ltd.
  • Nuvera Fuel Cells LLC
  • Plug Power Inc.
  • Redox Power Systems LLC
1h Free Analyst Time

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The publisher has been monitoring the fuel cells market for industrial and military applications and it is poised to grow by 234.09 MW during 2021-2025, progressing at a CAGR of 12.48% during the forecast period. The report on the fuel cells market for industrial and military applications 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 growing demand for efficient and cleaner technologies and rising application of fuel cell products.

The fuel cells market for industrial and military applications analysis includes the end-user segment and geographic landscape.

The fuel cells market for industrial and military applications is segmented as below:


By End-user

  • Industrial
  • Military

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • South America
  • MEA

This study identifies the growing demand from military applications as one of the prime reasons driving the fuel cells market for industrial and military applications growth during the next few years.

The report on fuel cells market for industrial and military applications covers the following areas:

  • Fuel cells market for industrial and military applications sizing
  • Fuel cells market for industrial and military applications forecast
  • Fuel cells market for industrial and military applications 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 industrial and military applications vendors that include Ballard Power Systems Inc., Doosan Corp., FuelCell Energy Inc., Horizon Fuel Cell Technologies Pte. Ltd., Intelligent Energy Ltd., Nuvera Fuel Cells LLC, Plug Power Inc., Redox Power Systems LLC, SFC Energy AG, and Toshiba Corp. Also, the fuel cells market for industrial and military applications 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

  • Doosan Corp.
  • FuelCell Energy Inc.
  • Intelligent Energy Ltd.
  • Nuvera Fuel Cells LLC
  • Plug Power Inc.
  • Redox Power Systems LLC

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 End-user

  • Market segments
  • Comparison by End-user
  • Industrial - Market size and forecast 2020-2025
  • Military - Market size and forecast 2020-2025
  • Market opportunity by End-user

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - 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.
  • Doosan Corp.
  • FuelCell Energy Inc.
  • Horizon Fuel Cell Technologies Pte. Ltd.
  • Intelligent Energy Ltd.
  • Nuvera Fuel Cells LLC
  • Plug Power Inc.
  • Redox Power Systems LLC
  • SFC Energy AG
  • Toshiba Corp.

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 (MW)
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: End-user - Market share 2020-2025 (%)
22: Comparison by End-user
23: Industrial - Market size and forecast 2020-2025 (MW)
24: Industrial - Year-over-year growth 2020-2025 (%)
25: Military - Market size and forecast 2020-2025 (MW)
26: Military - Year-over-year growth 2020-2025 (%)
27: Market opportunity by End-user
28: Customer landscape
29: Market share By Geographical Landscape 2020-2025 (%)
30: Geographic comparison
31: APAC - Market size and forecast 2020-2025 (MW)
32: APAC - Year-over-year growth 2020-2025 (%)
33: North America - Market size and forecast 2020-2025 (MW)
34: North America - Year-over-year growth 2020-2025 (%)
35: Europe - Market size and forecast 2020-2025 (MW)
36: Europe - Year-over-year growth 2020-2025 (%)
37: South America - Market size and forecast 2020-2025 (MW)
38: South America - Year-over-year growth 2020-2025 (%)
39: MEA - Market size and forecast 2020-2025 (MW)
40: MEA - Year-over-year growth 2020-2025 (%)
41: Key leading countries
42: Market opportunity By Geographical Landscape (MW)
43: Impact of drivers and challenges
44: Vendor landscape
45: Landscape disruption
46: Industry risks
47: Vendors covered
48: Market positioning of vendors
49: Ballard Power Systems Inc. - Overview
50: Ballard Power Systems Inc. - Business segments
51: Ballard Power Systems Inc. - Key offerings
52: Ballard Power Systems Inc. - Key customers
53: Ballard Power Systems Inc. - Segment focus
54: Doosan Corp. - Overview
55: Doosan Corp. - Product and service
56: Doosan Corp. - Key offerings
57: Doosan Corp. - Key customers
58: Doosan Corp. - Segment focus
59: FuelCell Energy Inc. - Overview
60: FuelCell Energy Inc. - Business segments
61: FuelCell Energy Inc. - Key offerings
62: FuelCell Energy Inc. - Key customers
63: FuelCell Energy Inc. - Segment focus
64: Horizon Fuel Cell Technologies Pte. Ltd. - Overview
65: Horizon Fuel Cell Technologies Pte. Ltd. - Product and service
66: Horizon Fuel Cell Technologies Pte. Ltd. - Key offerings
67: Horizon Fuel Cell Technologies Pte. Ltd. - Key customers
68: Horizon Fuel Cell Technologies Pte. Ltd. - Segment focus
69: Intelligent Energy Ltd. - Overview
70: Intelligent Energy Ltd. - Product and service
71: Intelligent Energy Ltd. - Key offerings
72: Intelligent Energy Ltd. - Key customers
73: Intelligent Energy Ltd. - Segment focus
74: Nuvera Fuel Cells LLC - Overview
75: Nuvera Fuel Cells LLC - Product and service
76: Nuvera Fuel Cells LLC - Key offerings
77: Nuvera Fuel Cells LLC - Key customers
78: Nuvera Fuel Cells LLC - Segment focus
79: Plug Power Inc. - Overview
80: Plug Power Inc. - Product and service
81: Plug Power Inc. - Key offerings
82: Plug Power Inc. - Key customers
83: Plug Power Inc. - Segment focus
84: Redox Power Systems LLC - Overview
85: Redox Power Systems LLC - Product and service
86: Redox Power Systems LLC - Key offerings
87: Redox Power Systems LLC - Key customers
88: Redox Power Systems LLC - Segment focus
89: SFC Energy AG - Overview
90: SFC Energy AG - Business segments
91: SFC Energy AG - Key offerings
92: SFC Energy AG - Key customers
93: SFC Energy AG - Segment focus
94: Toshiba Corp. - Overview
95: Toshiba Corp. - Business segments
96: Toshiba Corp. - Key offerings
97: Toshiba Corp. - Key customers
98: Toshiba Corp. - Segment focus
99: Currency conversion rates for US$
100: Research Methodology
101: Validation techniques employed for market sizing
102: Information sources
103: List of abbreviations
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Doosan Corp.
  • FuelCell Energy Inc.
  • Intelligent Energy Ltd.
  • Nuvera Fuel Cells LLC
  • Plug Power Inc.
  • Redox Power Systems LLC
The publisher recognizes the following companies as the key players in the global fuel cells market for industrial and military applications: Ballard Power Systems Inc., Doosan Corp., FuelCell Energy Inc., Horizon Fuel Cell Technologies Pte. Ltd., Intelligent Energy Ltd., Nuvera Fuel Cells LLC, Plug Power Inc., Redox Power Systems LLC, SFC Energy AG, and Toshiba Corp.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is growing demand from military application.`

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

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.
  • Doosan Corp.
  • FuelCell Energy Inc.
  • Horizon Fuel Cell Technologies Pte. Ltd.
  • Intelligent Energy Ltd.
  • Nuvera Fuel Cells LLC
  • Plug Power Inc.
  • Redox Power Systems LLC
  • SFC Energy AG
  • Toshiba Corp.
Note: Product cover images may vary from those shown