Global Fuel Cell Market

- Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025

  • Date Automotive and Transportation
  • Date March 2017
  • price $3619
 
 

Fuel Cell Market Overview

Global Fuel Cell Market is expected to grow at a CAGR of 15.5% from 2017 to 2025. Fuel cells are the devices that electrochemically convert chemical energy of fuel into electricity. These devices promote chemical reaction thereby combining hydrogen and oxygen to produce electricity, water, and heat. Fuel cells do not burn fuel and do not emit toxic gases; thus, they are pollution-free and more efficient than combustion technologies. Fuel cells are employed in stationary powers, such as data centers, residential sites, and telecommunications; transportation powers, such as passenger cars, buses, fuel cell electric vehicles (FCEVs), specialty vehicles, material handling equipment (MHE), and others; and portable devices. Per the U.S. Department of Energy, more than 60,000 fuel cells accounting for 300 MW, were shipped worldwide in 2015 with 65% growth as compared with that in 2014. 

The Fuel Cell Market is segmented based on type, application, and geography. Based on type, the market is divided into polymer/proton exchange membrane fuel cells (PEM), solid oxide fuel cells (SOFC), molten carbonate fuel cells (MCFC), phosphoric acid fuel cells (PAFC), direct methanol fuel cells (DMFC), and others. On the basis of application, it is categorized into stationary, transportation, and portable power. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

  • Higher energy density in fuel cells compared with battery
  • Requirement of more resilient energy systems
  • Advantage over the backup power option
  • New technologies in hydrogen storage

Restraints:

  • High cost of catalyst
  • Unavailability of fuel cell infrastructure in developing nations

Market Players:

The top players in the global solar energy market include AFC Energy PLC., Aisin Seiki Co. Ltd., Bloom Energy Corporation, Ceramic Fuel Cells Limited, Doosan Corporation, Fuelcell Energy, Inc., Hydrogenics Corporation, Kyocera Corporation, Panasonic Corporation, and Toshiba Corporation.

KEY TAKEAWAYS
Global Fuel Cell Market

MARKET LANDSCAPE

By Type

  • Polymer/Proton Exchange Membrane Fuel Cells (PEM)
  • Solid Oxide Fuel Cells (SOFC)
  • Molten Carbonate Fuel Cells (MCFC)
  • Phosphoric Acid Fuel Cells (PAFC)
  • Direct Methanol Fuel Cells (DMFC)
  • Others

By Application

  • Stationary
  • Transportation
  • Portable Power

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Fuel Cell Market Shares Analysis, 2014-2025
3.4.1. Global fuel cell market share by type, 2014-2025
3.4.2. Global fuel cell market share by application, 2014-2025
3.4.3. Global fuel cell market share by geography, 2014-2025
4. Market by Type
4.1. Polymer/Proton Exchange Membrane Fuel Cells (PEM)
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Solid Oxide Fuel Cells (SOFC)
4.2.1. Historical Market Size by Region, 2014-2016
4.2.2. Market Forecast by Region, 2017-2025
4.3. Molten Carbonate Fuel Cells (MCFC)
4.3.1. Historical Market Size by Region, 2014-2016
4.3.2. Market Forecast by Region, 2017-2025
4.4. Phosphoric Acid Fuel Cells (PAFC)
4.4.1. Historical Market Size by Region, 2014-2016
4.4.2. Market Forecast by Region, 2017-2025
4.5. Direct Methanol Fuel Cells (DMFC)
4.5.1. Historical Market Size by Region, 2014-2016
4.5.2. Market Forecast by Region, 2017-2025
4.6. Others
4.6.1. Historical Market Size by Region, 2014-2016
4.6.2. Market Forecast by Region, 2017-2025
5. Market by Application
5.1. Stationary
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.2. Transportation
5.2.1. Historical Market Size by Region, 2014-2016
5.2.2. Market Forecast by Region, 2017-2025
5.3. Portable Power
5.3.1. Historical Market Size by Region, 2014-2016
5.3.2. Market Forecast by Region, 2017-2025
6. Market by Geography
6.1. North America
6.1.1. U.S.
6.1.1.1. Historical Market Size, 2014-2016
6.1.1.2. Market Forecast, 2017-2025
6.1.2. Canada
6.1.2.1. Historical Market Size, 2014-2016
6.1.2.2. Market Forecast, 2017-2025
6.1.3. Mexico
6.1.3.1. Historical Market Size, 2014-2016
6.1.3.2. Market Forecast, 2017-2025
6.2. Europe
6.2.1. UK
6.2.1.1. Historical Market Size, 2014-2016
6.2.1.2. Market Forecast, 2017-2025
6.2.2. Germany
6.2.2.1. Historical Market Size, 2014-2016
6.2.2.2. Market Forecast, 2017-2025
6.2.3. France
6.2.3.1. Historical Market Size, 2014-2016
6.2.3.2. Market Forecast, 2017-2025
6.2.4. Spain
6.2.4.1. Historical Market Size, 2014-2016
6.2.4.2. Market Forecast, 2017-2025
6.2.5. Italy
6.2.5.1. Historical Market Size, 2014-2016
6.2.5.2. Market Forecast, 2017-2025
6.2.6. Rest of Europe
6.2.6.1. Historical Market Size, 2014-2016
6.2.6.2. Market Forecast, 2017-2025
6.3. Asia-Pacific
6.3.1. China
6.3.1.1. Historical Market Size, 2014-2016
6.3.1.2. Market Forecast, 2017-2025
6.3.2. Japan
6.3.2.1. Historical Market Size, 2014-2016
6.3.2.2. Market Forecast, 2017-2025
6.3.3. India
6.3.3.1. Historical Market Size, 2014-2016
6.3.3.2. Market Forecast, 2017-2025
6.3.4. Australia
6.3.4.1. Historical Market Size, 2014-2016
6.3.4.2. Market Forecast, 2017-2025
6.3.5. South Korea
6.3.5.1. Historical Market Size, 2014-2016
6.3.5.2. Market Forecast, 2017-2025
6.3.6. Rest of Asia-Pacific
6.3.6.1. Historical Market Size, 2014-2016
6.3.6.2. Market Forecast, 2017-2025
6.4. LAMEA
6.4.1. Brazil
6.4.1.1. Historical Market Size, 2014-2016
6.4.1.2. Market Forecast, 2017-2025
6.4.2. South Arabia
6.4.2.1. Historical Market Size, 2014-2016
6.4.2.2. Market Forecast, 2017-2025
6.4.3. South Africa
6.4.3.1. Historical Market Size, 2014-2016
6.4.3.2. Market Forecast, 2017-2025
6.4.4. Rest of LAMEA
6.4.4.1. Historical Market Size, 2014-2016
6.4.4.2. Market Forecast, 2017-2025
7. Company profiles
7.1. AFC Energy PLC.
7.1.1. Overview
7.1.2. Financials and business segments
7.1.3. Recent developments
7.2. Aisin Seiki Co. Ltd.
7.2.1. Overview
7.2.2. Financials and business segments
7.2.3. Recent developments
7.3. Bloom Energy Corporation
7.3.1. Overview
7.3.2. Financials and business segments
7.3.3. Recent developments
7.4. Ceramic Fuel Cells Limited
7.4.1. Overview
7.4.2. Financials and business segments
7.4.3. Recent developments
7.5. Doosan Corporation
7.5.1. Overview
7.5.2. Financials and business segments
7.5.3. Recent developments
7.6. Fuelcell Energy Inc.
7.6.1. Overview
7.6.2. Financials and business segments
7.6.3. Recent developments
7.7. Hydrogenics Corporation
7.7.1. Overview
7.7.2. Financials and business segments
7.7.3. Recent developments
7.8. Kyocera Corporation
7.8.1. Overview
7.8.2. Financials and business segments
7.8.3. Recent developments
7.9. Panasonic Corporation
7.9.1. Overview
7.9.2. Financials and business segments
7.9.3. Recent developments
7.10. Toshiba Corporation
7.10.1. Overview
7.10.2. Financials and business segments
7.10.3. Recent developments

List of Tables

Table 1. Fuel Cell Market Share, by Type, 2014-2025, $million
Table 2. Fuel Cell Market Share, by Application, 2014-2025, $million
Table 3. Fuel Cell Market Share, by Region, 2014-2025, $million
Table 4. Fuel Cell Market Value for Polymer/Proton Exchange Membrane Fuel Cells (PEM) , by Region, 2017-2025, $million
Table 5. Fuel Cell Market Value for Solid Oxide Fuel Cells (SOFC), by Region, 2017-2025, $million
Table 6. Fuel Cell Market Value for Molten Carbonate Fuel Cells (MCFC), by Region, 2017-2025, $million
Table 7. Fuel Cell Market Value for Phosphoric Acid Fuel Cells (PAFC), by Region, 2017-2025, $million
Table 8. Fuel Cell Market Value for Direct Methanol Fuel Cells (DMFC), by Region, 2017-2025, $million
Table 9. Fuel Cell Market Value for Others, by Region, 2017-2025, $million
Table 10. Fuel Cell Market Value for Stationary, by Region, 2017-2025, $million
Table 11. Fuel Cell Market Value for Transportation, by Region, 2017-2025, $million
Table 12. Fuel Cell Market Value for Portable Power, by Region, 2017-2025, $million
Table 13. Fuel Cell Market Value for North America, by Country, 2014-2025, $million
Table 14. Fuel Cell Market Value for North America, by Type, 2014-2025, $million
Table 15. Fuel Cell Market Value for North America, by Application, 2014-2025, $million
Table 16. Fuel Cell Market Value for Europe, by Country, 2014-2025, $million
Table 17. Fuel Cell Market Value for Europe, by Type, 2014-2025, $million
Table 18. Fuel Cell Market Value for Europe, by Application, 2014-2025, $million
Table 19. Fuel Cell Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 20. Fuel Cell Market Value for Asia-Pacific, by Type, 2014-2025, $million
Table 21. Fuel Cell Market Value for Asia-Pacific, by Application, 2014-2025, $million
Table 22. Fuel Cell Market Value for LAMEA, by Country, 2014-2025, $million
Table 23. Fuel Cell Market Value for LAMEA, by Type, 2014-2025, $million
Table 24. Fuel Cell Market Value for LAMEA, by Application, 2014-2025, $million
Table 25. AFC Energy PLC. - Company Snapshot
Table 26. Aisin Seiki Co. Ltd. - Company Snapshot
Table 27. Bloom Energy Corporation - Company Snapshot
Table 28. Ceramic Fuel Cells Limited - Company Snapshot
Table 29. Doosan Corporation - Company Snapshot
Table 30. Fuelcell Energy Inc. - Company Snapshot
Table 31. Hydrogenics Corporation - Company Snapshot
Table 32. Kyocera Corporation - Company Snapshot
Table 33. Panasonic Corporation - Company Snapshot
Table 34. Toshiba Corporation - Company Snapshot

List of Figures

Table 1. Fuel Cell Market Value, by Type, 2014-2025, $million
Table 2. Fuel Cell Market Value, by Application, 2014-2025, $million
Table 3. Fuel Cell Market Value, by Region, 2014-2025, $million
Table 4. Fuel Cell Market Value for Polymer/Proton Exchange Membrane Fuel Cells (PEM) , by Region, 2017-2025, $million
Table 5. Fuel Cell Market Value for Solid Oxide Fuel Cells (SOFC), by Region, 2017-2025, $million
Table 6. Fuel Cell Market Value for Molten Carbonate Fuel Cells (MCFC), by Region, 2017-2025, $million
Table 7. Fuel Cell Market Value for Phosphoric Acid Fuel Cells (PAFC), by Region, 2017-2025, $million
Table 8. Fuel Cell Market Value for Direct Methanol Fuel Cells (DMFC), by Region, 2017-2025, $million
Table 9. Fuel Cell Market Value for Others, by Region, 2017-2025, $million
Table 10. Fuel Cell Market Value for Stationary, by Region, 2017-2025, $million
Table 11. Fuel Cell Market Value for Transportation, by Region, 2017-2025, $million
Table 12. Fuel Cell Market Value for Portable Power, by Region, 2017-2025, $million
Table 13. Fuel Cell Market Value for North America, by Country, 2014-2025, $million
Table 14. Fuel Cell Market Value for North America, by Type, 2014-2025, $million
Table 15. Fuel Cell Market Value for North America, by Application, 2014-2025, $million
Table 16. Fuel Cell Market Value for Europe, by Country, 2014-2025, $million
Table 17. Fuel Cell Market Value for Europe, by Type, 2014-2025, $million
Table 18. Fuel Cell Market Value for Europe, by Application, 2014-2025, $million
Table 19. Fuel Cell Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 20. Fuel Cell Market Value for Asia-Pacific, by Type, 2014-2025, $million
Table 21. Fuel Cell Market Value for Asia-Pacific, by Application, 2014-2025, $million
Table 22. Fuel Cell Market Value for LAMEA, by Country, 2014-2025, $million
Table 23. Fuel Cell Market Value for LAMEA, by Type, 2014-2025, $million
Table 24. Fuel Cell Market Value for LAMEA, by Application, 2014-2025, $million
Table 25. AFC Energy PLC. - Company Snapshot
Table 26. Aisin Seiki Co. Ltd. - Company Snapshot
Table 27. Bloom Energy Corporation - Company Snapshot
Table 28. Ceramic Fuel Cells Limited - Company Snapshot
Table 29. Doosan Corporation - Company Snapshot
Table 30. Fuelcell Energy Inc. - Company Snapshot
Table 31. Hydrogenics Corporation - Company Snapshot
Table 32. Kyocera Corporation - Company Snapshot
Table 33. Panasonic Corporation - Company Snapshot
Table 34. Toshiba Corporation - Company Snapshot
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