+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Hydrogen Fuel Cells Global Market Opportunities and Strategies to 2032

  • PDF Icon

    Report

  • 270 Pages
  • October 2023
  • Region: Global
  • The Business Research Company
  • ID: 5895050
This report describes and explains the hydrogen fuel cells market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.

The global hydrogen fuel cells market reached a value of nearly $5,698.3 million in 2022, having grown at a compound annual growth rate (CAGR) of 28.8% since 2017. The market is expected to grow from $5,698.3 million in 2022 to $31,841.5 million in 2027 at a rate of 41.1%. The market is then expected to grow at a CAGR of 37.2% from 2027 and reach $154,630.3 million in 2032.

Growth in the historic period resulted from strong economic growth in emerging markets and rise in demand for fuel cell electric vehicles (FCEVs).

Going forward, government support, rising demand for electric vehicles, and increasing awareness to reduce greenhouse gas emissions will drive the growth. Factors that could hinder the growth of the hydrogen fuel cells market in the future include high capital cost and reductions in free trade.

The hydrogen fuel cells market is segmented by type into proton exchange membrane, direct methanol and direct ammonia, solid oxide, alkaline membrane, phosphoric acid and molten carbonate. The proton exchange membrane market was the largest segment of the hydrogen fuel cells market segmented by type, accounting for 47.4% of the total in 2022. Going forward, the proton exchange membrane segment is expected to be the fastest growing segment in the hydrogen fuel cells market segmented by type, at a CAGR of 42.2% during 2022-2027.

The hydrogen fuel cells market is segmented by end user into fuel cell vehicles, utilities and defense. The fuel cell vehicles market was the largest segment of the hydrogen fuel cells market segmented by end user, accounting for 59.3% of the total in 2022. Going forward, the fuel cell vehicles segment is expected to be the fastest growing segment in the hydrogen fuel cells market segmented by end user, at a CAGR of 41.3% during 2022-2027.

Asia Pacific was the largest region in the hydrogen fuel cells market, accounting for 46.3% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the hydrogen fuel cells market will be Asia Pacific and North America where growth will be at CAGRs of 42.6% and 41.0% respectively. These will be followed by Western Europe and South America where the markets are expected to grow at CAGRs of 40.3% and 39.0% respectively.

The hydrogen fuel cells market is fairly fragmented, with a large number of players operating in the market. The top ten competitors in the market made up to 10.78% of the total market in 2022. Plug Power was the largest competitor with 2.55% share of the market, followed by Toshiba Corporation with 2.17%, Doosan Fuel Cell with 1.51%, Bloom Energy with 1.16%, Ballard Power with 1.10%, SFC Energy AG with 0.69%, Cummins Inc with 0.52%, FuelCell Energy with 0.46%, Panasonic Holdings Corporation with 0.41%, and Horizon Fuel Cell Technologies with 0.20%.

The top opportunities in the hydrogen fuel cells market segmented by type will arise in the proton exchange membrane segment, which will gain $13,086.0 million of global annual sales by 2027. The top opportunities in the hydrogen fuel cells market segmented by end user will arise in the fuel cell vehicles segment, which will gain $15,690.3 million of global annual sales by 2027. The hydrogen fuel cells market size will gain the most in China at $5,634.0 million.

Market-trend-based strategies for the hydrogen fuel cells market include focus on product innovations, facility expansion, collaborations and acquisitions, and increasing investments to improve financial strength and product portfolio.

Player-adopted strategies in the hydrogen fuel cells market include focus on strategic mergers and acquisitions to expand geographical reach, strategic partnerships and collaborations to expand geographical reach and to develop new applications for hydrogen fuel cell systems, and increasing investments for production.

To take advantage of the opportunities, the analyst recommends the hydrogen fuel cells companies to focus on new facility expansions, focus on product innovations, focus on increasing investments, focus on fast-growing product types, expand in emerging markets, continue to focus on developed markets, focus on partnerships and collaborations, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, and continue to target fast-growing end-users.

Table of Contents

1. Executive Summary2. Table Of Contents3. List Of Figures4. List Of Tables5. Report Structure
6. Introduction And Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Hydrogen Fuel Cells Market Definition And Segmentations
6.4. Market Segmentation By Type
6.4.1. Proton Exchange Membrane
6.4.2. Direct Methanol
6.4.3. Solid Oxide
6.4.4. Alkaline Membrane
6.4.5. Phosphoric Acid
6.4.6. Molten Carbonate
6.5. Market Segmentation By End User
6.5.1. Fuel Cell Vehicles
6.5.2. Utilities
6.5.3. Defense
7. Major Market Trends
7.1. Focus On New Facility Expansions
7.2. Increasing Investments
7.3. Product Innovations
7.4. Collaborations And Acquisitions
8. Global Market Size and Growth
8.1. Market Size
8.2. Historic Market Growth, 2017 - 2022, Value ($ Million)
8.2.1. Market Drivers 2017 - 2022
8.2.2. Market Restraints 2017 - 2022
8.3. Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
8.3.1. Market Drivers 2022 - 2027
8.3.2. Market Restraints 2022 - 2027
9. Global Hydrogen Fuel Cells Market Segmentation
9.1. Global Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.2. Global Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10. Hydrogen Fuel Cells Market, Regional and Country Analysis
10.1. Global Hydrogen Fuel Cells Market, By Region, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10.2. Global Hydrogen Fuel Cells Market, By Country, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11. Asia-Pacific Market
11.1. Summary
11.2. Market Overview
11.2.1. Region Information
11.2.2. Market Information
11.2.3. Background Information
11.2.4. Government Initiatives
11.2.5. Regulations
11.2.6. Regulatory Bodies
11.2.7. Major Associations
11.2.8. Taxes Levied
11.2.9. Corporate Tax Structure
11.2.10. Investments
11.2.11. Major Companies
11.3. Asia-Pacific Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.4. Asia-Pacific Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.5. Asia-Pacific Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.6. Asia-Pacific Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.7. Asia-Pacific Hydrogen Fuel Cells Market: Country Analysis
11.8. China Market
11.9. Summary
11.10. Market Overview
11.10.1. Country Information
11.10.2. Market Information
11.10.3. Background Information
11.10.4. Government Initiatives
11.10.5. Regulations
11.10.6. Regulatory Bodies
11.10.7. Major Associations
11.10.8. Taxes Levied
11.10.9. Corporate Tax Structure
11.10.10. Investments
11.10.11. Major Companies
11.11. China Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.12. China Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.13. China Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.14. China Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.15. India Market
11.16. India Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.17. India Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.18. India Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.19. India Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.20. Japan Market
11.21. Japan Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.22. Japan Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.23. Japan Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.24. Japan Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.25. Australia Market
11.26. Australia Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.27. Australia Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.28. Australia Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.29. Australia Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.30. Indonesia Market
11.31. Indonesia Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.32. Indonesia Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.33. Indonesia Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.34. South Korea Market
11.35. South Korea Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.36. South Korea Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.37. South Korea Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.38. South Korea Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12. Western Europe Market
12.1. Summary
12.2. Market Overview
12.2.1. Region Information
12.2.2. Market Information
12.2.3. Background Information
12.2.4. Government Initiatives
12.2.5. Regulations
12.2.6. Regulatory Bodies
12.2.7. Major Associations
12.2.8. Taxes Levied
12.2.9. Corporate Tax Structure
12.2.10. Investments
12.2.11. Major Companies
12.3. Western Europe Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.4. Western Europe Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.5. Western Europe Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.6. Western Europe Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.7. Western Europe Hydrogen Fuel Cells Market: Country Analysis
12.8. UK Market
12.9. UK Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.10. UK Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.11. UK Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.12. UK Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.13. Germany Market
12.14. Germany Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.15. Germany Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.16. Germany Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.17. Germany Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.18. France Market
12.19. France Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.20. France Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.21. France Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.22. France Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13. Eastern Europe Market
13.1. Summary
13.2. Market Overview
13.2.1. Region Information
13.2.2. Market Information
13.2.3. Background Information
13.2.4. Government Initiatives
13.2.5. Regulations
13.2.6. Regulatory Bodies
13.2.7. Major Associations
13.2.8. Taxes Levied
13.2.9. Corporate Tax Structure
13.2.10. Investments
13.2.11. Major Companies
13.3. Eastern Europe Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.4. Eastern Europe Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.5. Eastern Europe Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.6. Eastern Europe Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.7. Eastern Europe Hydrogen Fuel Cells Market: Country Analysis
13.8. Russia Market
13.9. Russia Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.10. Russia Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.11. Russia Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.12. Russia Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14. North America Market
14.1. Summary
14.2. Market Overview
14.2.1. Region Information
14.2.2. Market Information
14.2.3. Background Information
14.2.4. Government Initiatives
14.2.5. Regulations
14.2.6. Regulatory Bodies
14.2.7. Major Associations
14.2.8. Taxes Levied
14.2.9. Corporate Tax Structure
14.2.10. Investments
14.2.11. Major Companies
14.3. North America Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.4. North America Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.5. North America Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.6. North America Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.7. North America Hydrogen Fuel Cells Market: Country Analysis
14.8. USA Market
14.9. Summary
14.10. Market Overview
14.10.1. Country Information
14.10.2. Market Information
14.10.3. Background Information
14.10.4. Government Initiatives
14.10.5. Regulations
14.10.6. Regulatory Bodies
14.10.7. Major Associations
14.10.8. Taxes Levied
14.10.9. Corporate Tax Structure
14.10.10. Investments
14.10.11. Major Companies
14.11. USA Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.12. USA Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.13. USA Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.14. USA Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15. South America Market
15.1. Summary
15.2. Market Overview
15.2.1. Region Information
15.2.2. Market Information
15.2.3. Background Information
15.2.4. Government Initiatives
15.2.5. Regulations
15.2.6. Regulatory Bodies
15.2.7. Major Associations
15.2.8. Taxes Levied
15.2.9. Corporate Tax Structure
15.2.10. Investments
15.2.11. Major Companies
15.3. South America Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.4. South America Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.5. South America Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.6. South America Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.7. South America Hydrogen Fuel Cells Market: Country Analysis
15.8. Brazil Market
15.9. Brazil Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.10. Brazil Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.11. Brazil Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.12. Brazil Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16. Middle East Market
16.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background Information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Middle East Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
16.4. Middle East Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
16.5. Middle East Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.6. Middle East Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17. Africa Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Africa Hydrogen Fuel Cells Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
17.4. Africa Hydrogen Fuel Cells Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
17.5. Africa Hydrogen Fuel Cells Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.6. Africa Hydrogen Fuel Cells Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
18. Competitive Landscape and Company Profiles
18.1. Company Profiles
18.2. Plug Power
18.2.1. Company Overview
18.2.2. Products And Services
18.2.3. Business Strategy
18.2.4. Financial Overview
18.3. Toshiba Corporation
18.3.1. Company Overview
18.3.2. Products And Services
18.3.3. Business Strategy
18.3.4. Financial Overview
18.4. Doosan Fuel Cell
18.4.1. Company Overview
18.4.2. Products And Services
18.4.3. Business Strategy
18.4.4. Financial Overview
18.5. Bloom Energy
18.5.1. Company Overview
18.5.2. Products And Services
18.5.3. Business Strategy
18.5.4. Financial Overview
18.6. Ballard Power
18.6.1. Company Overview
18.6.2. Products And Services
18.6.3. Business Strategy
18.6.4. Financial Overview
19. Key Mergers and Acquisitions
19.1. ZeroAvia Acquired HyPoint Inc
19.2. Hydrasun Acquired Fuel Cell Systems Ltd
19.3. Phoenix Motor Inc Acquired Altergy Systems
19.4. Alstom Acquired Helion Hydrogen Power
19.5. Oneb Acquired Nuvera Fuel Cells LLC
20. Opportunities And Strategies
20.1. Global Hydrogen Fuel Cells Market In 2027 - Countries Offering Most New Opportunities
20.2. Global Hydrogen Fuel Cells Market In 2027 - Segments Offering Most New Opportunities
20.3. Global Hydrogen Fuel Cells Market In 2027 - Growth Strategies
20.3.1. Market Trend Based Strategies
20.3.2. Competitor Strategies
21. Hydrogen Fuel Cells Market, Conclusions And Recommendations
21.1. Conclusions
21.2. Recommendations
21.2.1. Product
21.2.2. Place
21.2.3. Price
21.2.4. Promotion
21.2.5. People
22. Appendix
22.1. Market Data Sources
22.2. Research Methodology
22.3. Currencies
22.4. About the Publisher
22.5. Copyright and Disclaimer

Executive Summary

Hydrogen Fuel Cells Global Market Opportunities And Strategies To 2032 provides the strategists; marketers and senior management with the critical information they need to assess the global hydrogen fuel cells market as it emerges from the COVID-19 shut down.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis

Description:

Where is the largest and fastest-growing market for hydrogen fuel cells? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The hydrogen fuel cells market global report answers all these questions and many more.

The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider hydrogen fuel cells market; and compares it with other markets.

The report covers the following chapters

  • Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the hydrogen fuel cells market.
  • Key Trends - Highlights the major trends shaping the global hydrogen fuel cells market. This section also highlights likely future developments in the market.
  • Global Market Size and Growth - Global historic (2017-2022) and forecast (2022-2027, 2032F) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
  • Regional Analysis - Historic (2017-2022) and forecast (2022-2027, 2032F) market values and growth and market share comparison by region.
  • Market Segmentation - Contains the market values (2017-2022) (2022-2027, 2032) and analysis for each segment by type and by end user in the market.
  • Regional Market Size and Growth - Regional market size (2022), historic (2017-2022) and forecast (2022-2027, 2032F) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
  • Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
  • Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
  • Market Opportunities And Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
  • Conclusions And Recommendations - Includes recommendations for hydrogen fuel cells providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
  • Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Scope

Markets Covered:

1) By Type: Proton Exchange Membrane; Direct Methanol; Solid Oxide; Alkaline Membrane; Phosphoric Acid; Molten Carbonate
2) By End-User: Fuel Cell Vehicles; Utilities; Defense

Companies Mentioned: Plug Power; Toshiba Corporation; Doosan Fuel Cell; Bloom Energy; Ballard Power

Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time-series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; hydrogen fuel cells indicators comparison.

Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned (Partial List)

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

  • Plug Power
  • Toshiba Corporation
  • Doosan Fuel Cell
  • Bloom Energy
  • Ballard Power
  • SFC Energy AG
  • Cummins Inc
  • FuelCell Energy
  • Panasonic Holdings Corporation
  • Horizon Fuel Cell Technologies
  • Reliance Industries
  • GAIL
  • National Thermal Power Corporation Limited (NTPC)
  • Indian Oil Corporation
  • Larsen and Toubro
  • Adani Green Energy
  • Tianneng
  • Corun
  • Narada
  • Sinohytec-U
  • Furuise
  • Huachang Chemical
  • Zhongding Group
  • ITM Power
  • Ceres Power Holdings
  • AFC Energy
  • Proton Motor Power Systems
  • Hydrogenone Capital Growth
  • Clean Power Hydrogen
  • TMH-Energy Solutions
  • APT spol. s r.o.
  • Grupa Lotos SA
  • Gdansk-based refiner
  • Gazprom
  • Rosatom
  • Capital Power Corporation
  • ENMAX (Shepard Energy Centre)
  • Federated Co-operatives Limited (FCL)
  • Strathcona Resources Ltd
  • Lafarge Canada Inc
  • ArcelorMittal Mining Canada G.P
  • Suncor ATCO Heartland Hydrogen Hub
  • Alberta Power (2000) Ltd . (Heartland Generation)
  • Stelco Inc .
  • Dow Chemical Canada ULC
  • Bravo Motor
  • Great Wall Motor
  • Hyundai Motor Company
  • Cummins Brazil
  • Fortescue Rio Negro Hydrogen Complex
  • H2Pro
  • Masdar
  • NEOM Green Hydrogen Company
  • Car4future
  • HyPlat
  • Chem Energy SA
  • HySA Systems
  • Mitsubishi Power Egypt

Methodology

Loading
LOADING...

Table Information