Hydrogen Fuel Cell: Global Markets

Report Code: EGY186A

Publish Date: May 2022

Publisher: BCC Publishing

Category: Energy

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Report Highlights

The global market for hydrogen fuel cells reached $6.6 billion in 2021. The market should grow from $7.5 billion in 2022 to $19.5 billion by 2027, at a compound annual growth rate (CAGR) of 21.0% during 2022-2027.

Report Includes

  • 44 data tables and 38 additional tables
  • An up-to-date overview of the global market for hydrogen fuel cells technology
  • Analyses of the global market trends, with data from 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the upcoming market potential for hydrogen fuel cells in stationery and transport power generation industry, future trends and innovations, and areas of focus to forecast this market into various segments and sub-segments
  • Evaluation and forecast the global hydrogen fuel cell market size for, and corresponding market share analysis by fuel cell type, application, and region
  • Discussion of the key market dynamics (DROs), technology updates, industry value chain analysis, and COVID-19 implications on the progress of this market
  • Insight into recent industry structure, current competitive scenario, R&D activities, major growth strategies, and company value share analysis based on their segmental revenues
  • Latest information on recent developments in the hydrogen fuel cell industry
  • Descriptive company profiles of the leading global players, including Bloom Energy, Cummins Inc., Delphi Automotive, General Electric, Mitsubishi Heavy Industries Ltd., Panasonic Group, Rolls-Royce Fuel Cell Systems Ltd., and Shell Hydrogen BV

Report Scope

This report covers fuel cells used in stationary power generation and storage applications along with mobility applications. Other applications primarily include fuel cell electrolyzers. These electrolyzers use electricity as input and produce hydrogen as an output. Thus, they are not considered in the study.

Definitive and detailed estimates and forecasts of the global market are provided. The report also contains a detailed analysis of the key fuel cell types, regions, countries, applications, and ongoing trends in the market.

The fuel cell market is segmented based on a) type of fuel cell and b) application. Solid oxide fuel cells and proton exchange membrane fuel cells (PEMFC) are the major types in the fuel cell market. The applications considered in this study are combined heating and power (CHP), stationary power supply units, auxiliary power units (APU), and vehicle propulsion systems.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $6.6 billion
Market size forecast $19.5 billion
Growth rate CAGR of 21% from 2022 to 2027
Units considered $ Millions
Segments covered Type, Application
Regions covered North America, Europe, Asia-Pacific
Countries covered U.S., Japan, South Korea, Rest of APAC
Companies studied
INTELLIGENT ENERGY LTD.KANSAI ELECTRIC POWER CO. INC.
LINDE BOCLOGAN ENERGY CORP.
MEIDENSHA CORP.MERIDIAN ENERGY LTD.
MITSUBISHI HEAVY INDUSTRIES LTD.NEDSTACK FUEL CELL TECHNOLOGY
PALCAN FUEL CELLS LTD.PANASONIC CORP.
PLUG POWER INC.POHANG IRON AND STEEL CO. (POSCO)
PROTON MOTOR FUEL CELL GMBHROLLS-ROYCE FUEL CELL SYSTEMS LTD.
SAFCELLSHELL HYDROGEN BV
ACAL ENERGY LTD.ACUMENTRICS INC.
ADELAN UK LTD.AFC ENENRGY
ALPPS FUEL CELL SYSTEMSALSTOM TECHNOLOGY
ALTERGYARISTON HOLDING N.V.
BABCOCK & WILCOX ENTERPRISES INC.BALLARD POWER SYSTEMS
BLOOM ENERGYCERES POWER
CLARA VENTURE LABSCONVION LTD.
CUMMINS INC.DELPHI AUTOMOTIVE PLC.
DOOSAN FUEL CELL CO. LTD.ITM POWER PLC
ELCOGEN ASENTWICKLUNGS UND VERTRIEBSGESELLSCHAFT BRENNSTOFFZELLE
EZELLERON INC.FUELCELL ENERGY INC.
FUEL CELL TECHNOLOGIESFUJI ELECTRIC CO. LTD.
GENERAL ELECTRICGEORGE WESTINGHOUSE RESEARCH AND TECHNOLOGY PARK
H2E POWER SYSTEMS INC.H2 POWER TECH
HALDOR TOPSOE A/S/TOPSOE FUEL CELLHORIZON FUEL CELLS AND RIVERSIMPLE
SIEMENS ENERGYSMART FUEL CELL AG (SFC)
SOLIDPOWERSTAXERA GMBH (SUNFIRE)
SULZER HEXIS AGSUMITOMO CORP.
TOKYO GAS CO. LTD.TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORP.
TOYOTA MOTOR CORP.VAILLANT GROUP
VERSA POWER SYSTEMS INC.VIOLET FUEL CELL STICKS
WATT FUEL CELL CORP.
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Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Hydrogen Fuel Cell: Global Markets198Free
Chapter- 1: Introduction5Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: Market and Technology Overview41Free
Chapter- 4: COVID-19 Impact Analysis3Free
Chapter- 5: Market Breakdown by Type45Free
Chapter- 6: Market Breakdown by Application25Free
Chapter- 7: Market Breakdown by Region31Free
Chapter- 8: Recent Developments6Free
Chapter- 9: Company Profiles38Free
Chapter- 10: Appendix: Acronyms and Sources2Free

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Hydrogen Fuel Cell: Global Markets
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