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Fuel Cell Market By Product (Proton-Exchange Membrane Fuel Cell (PEMFC), Phosphoric Acid Fuel Cells (PAFC), Solid Oxide Fuel Cell (SOFC), Molten Carbonate Fuel Cell (MCFC), and Others), By Application (Stationary, Transportation, & Portable), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026

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Fuel Cell Market

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Industry Insights

[225+ Pages Report] We at Facts & Factors have recently published a report titled “Global Fuel Cell Market” that encompasses the spectacle of the market in an analytical and comprehensive manner. In this report, the global fuel cell market is projected to value around USD 859 Million in the year 2026 from an initial value of USD 254 Million in the year 2020 growing at a CAGR of 25.7%.

logoGlobal Fuel Cell Market: Overview

Fuel cells are electrochemical cells that have the ability to convert the chemical energy of a certain fuel cell with the aid of an oxidizing agent into electricity with a pair of redox-based reactions. Fuel cells differ from conventional batteries in quality as the latter does not require a continuous supply of fuel and oxygen for achieving a sustainable chemical reaction. Batteries often require chemical energy to be extracted from metals and their ions or oxides.

logoGlobal Fuel Cell Market: Growth Factors

The primary driving factors for the significant rise of market value for the global fuel cell market attributes to key developments in technology such as PEMFC, PAFC, AFC, and MFC coupled with the rising usage of cell-based automobiles to name a few. Additionally, regulated power generation capacities on a global scale coupled with increased usage of portable power generation units will increase the footprint of the global fuel cell market during the advent of the forecast period. Moreover, the integration of fuel-based cells in the agricultural sector coupled with increased funding for research and development activities will boost the growth of the global fuel cell market during the advent of the forecast period.

The global fuel cell market will be driven by increasing instances of robust regulatory and policy framework coupled with rising awareness about developing economic friendly objectives for reducing emission rates to name a few. Factors pertaining to rising intertwined measures between the public and private sector coupled with rising applications for more power generation will push the existing boundaries of the global fuel cell market to a larger horizon. However, a higher reliance on fuel cells on hydrogen and its accompanying factors coupled with a serious lack of infrastructure will decrease the growth of the global fuel cell market during the advent of the forecast period.

logoGlobal Fuel Cell Market: Segmentation

The global fuel cell market is segmented into product, application, and region.

On the basis of product, the global fuel cell market is divided into proton-exchange membrane fuel cell (PEMFC), phosphoric acid fuel cells (PAFC), solid oxide fuel cell (SOFC), molten carbonate fuel cell (MCFC), and others. The PEMFC segment is expected to witness the largest market share during the advent of the forecast period owing to extensive use case scenarios in stationary, portable, and transportation applications coupled with a lower working temperature when compared to its counterparts to name a few. Additionally, properties such as increased durability and low weight and volume will further boost the segment to a higher market occupancy. Based on application, the global fuel cell market is segmented into stationary, transportation, and portable. The stationary segment is expected to witness the largest market share during the advent of the forecast period owing to higher efficiency and flexibility measures to name a few. Transportation is expected the witness the fastest growing CAGR during the advent of the forecast period owing to the rising demand for fuel cell cars and fuel cell-powered lift coupled with rising development-based activities to name a few.

logoGlobal Fuel Cell Market: Report Scope

Report Attribute

Details

Market Size in 2020

USD 254 Million

Projected Market Size in 2026

USD 859 Million

CAGR Growth Rate

25.7% CAGR

Base Year

2020

Forecast Years

2021-2026

Key Market Players

 Fuel Cell Energy, Inc., Ballard Power Systems, SFC Energy AG, Nedstack Fuel Cell Technology B.V., Bloom Energy, Doosan Fuel Cell America, Inc., and Others

Key Segments

Products, Applications, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

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logoGlobal Fuel Cell Market: Regional Analysis

Asia-Pacific is expected to witness the largest market share during the advent of the forecast period owing to the rise of ENE-FARM-based programs in Japan and Malaysia which trigger a rise in PEMFCs and SOFCs for microchip-based applications in the region coupled with favorable government policies to name a few. Additionally, increased usage of fuel cells in the transportation sector in the region coupled with rising consumer awareness about clean energy initiatives and advantages will increase the footprint of the fuel cell market during the forecast duration. North America is expected to occupy a substantial market share during the forecast due to the presence of additional supporting policies aimed at reducing the carbon footprint coupled with an increasing number of reliable vendors in the region to name a few.

logoGlobal Fuel Cell Market: Competitive Players

The key market participants for the global fuel cell market are Fuel Cell Energy, Inc., Ballard Power Systems, SFC Energy AG, Nedstack Fuel Cell Technology B.V., Bloom Energy, Doosan Fuel Cell America, Inc., Ceres Power Holdings plc., Plug Power, Inc., Nuvera Fuel Cells LLC, Toshiba Energy Systems, Solution Corporation, Proton Power, Inc., ITM Power plc., and United Technologies Hydrogenic, among others.

logoGlobal Fuel Cell Market: By Product Segment Analysis

  • Proton-Exchange Membrane Fuel Cell (PEMFC)
  • Phosphoric Acid Fuel Cells (PAFC)
  • Solid Oxide Fuel Cell (SOFC)
  • Molten Carbonate Fuel Cell (MCFC)
  • Others

logoGlobal Fuel Cell Market: By Application Segment Analysis

  • Stationary
  • Transportation
  • Portable

logoGlobal Fuel Cell Market: By Regional Segment Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA
key report pointers

Covid-19

Fuel Cell Market

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Table of Content

  1. Chapter 1 Executive Summary
    1. 1.1. Introduction of Fuel Cell
    2. 1.2. Global Fuel Cell Market, 2019 & 2026 (USD Million)
    3. 1.3. Global Fuel Cell Market, 2016 – 2026 (USD Million)
    4. 1.4. Global Fuel Cell Market Absolute Revenue Opportunity, 2016 – 2026 (USD Million)
    5. 1.5. Global Fuel Cell Market Incremental Revenue Opportunity, 2020 – 2026 (USD Million)
  2. Chapter 2 Fuel Cell Market – Product Analysis
    1. 2.1. Global Fuel Cell Market – Product Overview
    2. 2.2. Global Fuel Cell Market Share, by Product, 2019 & 2026 (USD Million)
    3. 2.3. Proton-Exchange Membrane Fuel Cell (PEMFC)
      1. 2.3.1. Global Proton-Exchange Membrane Fuel Cell (PEMFC) Fuel Cell Market, 2016 – 2026 (USD Million)
    4. 2.4. Phosphoric Acid Fuel Cells (PAFC)
      1. 2.4.1. Global Phosphoric Acid Fuel Cells (PAFC) Fuel Cell Market, 2016 – 2026 (USD Million)
    5. 2.5. Solid Oxide Fuel Cell (SOFC)
      1. 2.5.1. Global Solid Oxide Fuel Cell (SOFC) Fuel Cell Market, 2016 – 2026 (USD Million)
    6. 2.6. Molten Carbonate Fuel Cell (MCFC)
      1. 2.6.1. Global Molten Carbonate Fuel Cell (MCFC) Fuel Cell Market, 2016 – 2026 (USD Million)
    7. 2.7. Others
      1. 2.7.1. Global Others Fuel Cell Market, 2016 – 2026 (USD Million)
  3. Chapter 3 Fuel Cell Market – Application Analysis
    1. 3.1. Global Fuel Cell Market – Application Overview
    2. 3.2. Global Fuel Cell Market Share, by Application, 2019 & 2026 (USD Million)
    3. 3.3. Stationary
      1. 3.3.1. Global Stationary Fuel Cell Market, 2016 – 2026 (USD Million)
    4. 3.4. Transportation
      1. 3.4.1. Global Transportation Fuel Cell Market, 2016 – 2026 (USD Million)
    5. 3.5. Portable
      1. 3.5.1. Global Portable Fuel Cell Market, 2016 – 2026 (USD Million)
  4. Chapter 4 Fuel Cell Market – Regional Analysis
    1. 4.1. Global Fuel Cell Market Regional Overview
    2. 4.2. Global Fuel Cell Market Share, by Region, 2019 & 2026 (USD Million)
    3. 4.3. North America
      1. 4.3.1. North America Fuel Cell Market, 2016 – 2026 (USD Million)
        1. 4.3.1.1. North America Fuel Cell Market, by Country, 2016 - 2026 (USD Million)
      2. 4.3.2. North America Fuel Cell Market, by Product, 2016 – 2026
        1. 4.3.2.1. North America Fuel Cell Market, by Product, 2016 – 2026 (USD Million)
      3. 4.3.3. North America Fuel Cell Market, by Application, 2016 – 2026
        1. 4.3.3.1. North America Fuel Cell Market, by Application, 2016 – 2026 (USD Million)
      4. 4.3.4. U.S.
        1. 4.3.4.1. U.S. Fuel Cell Market, 2016 – 2026 (USD Million)
      5. 4.3.5. Canada
        1. 4.3.5.1. Canada Fuel Cell Market, 2016 – 2026 (USD Million)
    4. 4.4. Europe
      1. 4.4.1. Europe Fuel Cell Market, 2016 – 2026 (USD Million)
        1. 4.4.1.1. Europe Fuel Cell Market, by Country, 2016 - 2026 (USD Million)
      2. 4.4.2. Europe Fuel Cell Market, by Product, 2016 – 2026
        1. 4.4.2.1. Europe Fuel Cell Market, by Product, 2016 – 2026 (USD Million)
      3. 4.4.3. Europe Fuel Cell Market, by Application, 2016 – 2026
        1. 4.4.3.1. Europe Fuel Cell Market, by Application, 2016 – 2026 (USD Million)
      4. 4.4.4. Germany
        1. 4.4.4.1. Germany Fuel Cell Market, 2016 – 2026 (USD Million)
      5. 4.4.5. France
        1. 4.4.5.1. France Fuel Cell Market, 2016 – 2026 (USD Million)
      6. 4.4.6. U.K.
        1. 4.4.6.1. U.K. Fuel Cell Market, 2016 – 2026 (USD Million)
      7. 4.4.7. Italy
        1. 4.4.7.1. Italy Fuel Cell Market, 2016 – 2026 (USD Million)
      8. 4.4.8. Spain
        1. 4.4.8.1. Spain Fuel Cell Market, 2016 – 2026 (USD Million)
      9. 4.4.9. Rest of Europe
        1. 4.4.9.1. Rest of Europe Fuel Cell Market, 2016 – 2026 (USD Million)
    5. 4.5. Asia Pacific
      1. 4.5.1. Asia Pacific Fuel Cell Market, 2016 – 2026 (USD Million)
        1. 4.5.1.1. Asia Pacific Fuel Cell Market, by Country, 2016 - 2026 (USD Million)
      2. 4.5.2. Asia Pacific Fuel Cell Market, by Product, 2016 – 2026
        1. 4.5.2.1. Asia Pacific Fuel Cell Market, by Product, 2016 – 2026 (USD Million)
      3. 4.5.3. Asia Pacific Fuel Cell Market, by Application, 2016 – 2026
        1. 4.5.3.1. Asia Pacific Fuel Cell Market, by Application, 2016 – 2026 (USD Million)
      4. 4.5.4. China
        1. 4.5.4.1. China Fuel Cell Market, 2016 – 2026 (USD Million)
      5. 4.5.5. Japan
        1. 4.5.5.1. Japan Fuel Cell Market, 2016 – 2026 (USD Million)
      6. 4.5.6. India
        1. 4.5.6.1. India Fuel Cell Market, 2016 – 2026 (USD Million)
      7. 4.5.7. South Korea
        1. 4.5.7.1. South Korea Fuel Cell Market, 2016 – 2026 (USD Million)
      8. 4.5.8. South-East Asia
        1. 4.5.8.1. South-East Asia Fuel Cell Market, 2016 – 2026 (USD Million)
      9. 4.5.9. Rest of Asia Pacific
        1. 4.5.9.1. Rest of Asia Pacific Fuel Cell Market, 2016 – 2026 (USD Million)
    6. 4.6. Latin America
      1. 4.6.1. Latin America Fuel Cell Market, 2016 – 2026 (USD Million)
        1. 4.6.1.1. Latin America Fuel Cell Market, by Country, 2016 - 2026 (USD Million)
      2. 4.6.2. Latin America Fuel Cell Market, by Product, 2016 – 2026
        1. 4.6.2.1. Latin America Fuel Cell Market, by Product, 2016 – 2026 (USD Million)
      3. 4.6.3. Latin America Fuel Cell Market, by Application, 2016 – 2026
        1. 4.6.3.1. Latin America Fuel Cell Market, by Application, 2016 – 2026 (USD Million)
      4. 4.6.4. Brazil
        1. 4.6.4.1. Brazil Fuel Cell Market, 2016 – 2026 (USD Million)
      5. 4.6.5. Mexico
        1. 4.6.5.1. Mexico Fuel Cell Market, 2016 – 2026 (USD Million)
      6. 4.6.6. Rest of Latin America
        1. 4.6.6.1. Rest of Latin America Fuel Cell Market, 2016 – 2026 (USD Million)
    7. 4.7. The Middle-East and Africa
      1. 4.7.1. The Middle-East and Africa Fuel Cell Market, 2016 – 2026 (USD Million)
        1. 4.7.1.1. The Middle-East and Africa Fuel Cell Market, by Country, 2016 - 2026 (USD Million)
      2. 4.7.2. The Middle-East and Africa Fuel Cell Market, by Product, 2016 – 2026
        1. 4.7.2.1. The Middle-East and Africa Fuel Cell Market, by Product, 2016 – 2026 (USD Million)
      3. 4.7.3. The Middle-East and Africa Fuel Cell Market, by Application, 2016 – 2026
        1. 4.7.3.1. The Middle-East and Africa Fuel Cell Market, by Application, 2016 – 2026 (USD Million)
      4. 4.7.4. GCC Countries
        1. 4.7.4.1. GCC Countries Fuel Cell Market, 2016 – 2026 (USD Million)
      5. 4.7.5. South Africa
        1. 4.7.5.1. South Africa Fuel Cell Market, 2016 – 2026 (USD Million)
      6. 4.7.6. Rest of Middle-East Africa
        1. 4.7.6.1. Rest of Middle-East Africa Fuel Cell Market, 2016 – 2026 (USD Million)
  5. Chapter 5 Fuel Cell Market – Competitive Landscape
    1. 5.1. Competitor Market Share – Revenue
    2. 5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 5.3. Strategic Developments
      1. 5.3.1. Acquisitions and Mergers
      2. 5.3.2. New Products
      3. 5.3.3. Research & Development Activities
  6. Chapter 6 Company Profiles
    1. 6.1. Fuel Cell Energy Inc
      1. 6.1.1. Company Overview
      2. 6.1.2. Product/Service Portfolio
      3. 6.1.3. Fuel Cell Energy Inc Sales, Revenue, and Gross Margin
      4. 6.1.4. Fuel Cell Energy Inc Revenue and Growth Rate
      5. 6.1.5. Fuel Cell Energy Inc Market Share
      6. 6.1.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    2. 6.2. Ballard Power Systems
      1. 6.2.1. Company Overview
      2. 6.2.2. Product/Service Portfolio
      3. 6.2.3. Ballard Power Systems Sales, Revenue, and Gross Margin
      4. 6.2.4. Ballard Power Systems Revenue and Growth Rate
      5. 6.2.5. Ballard Power Systems Market Share
      6. 6.2.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    3. 6.3. SFC Energy AG
      1. 6.3.1. Company Overview
      2. 6.3.2. Product/Service Portfolio
      3. 6.3.3. SFC Energy AG Sales, Revenue, and Gross Margin
      4. 6.3.4. SFC Energy AG Revenue and Growth Rate
      5. 6.3.5. SFC Energy AG Market Share
      6. 6.3.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    4. 6.4. Nedstack Fuel Cell Technology B.V
      1. 6.4.1. Company Overview
      2. 6.4.2. Product/Service Portfolio
      3. 6.4.3. Nedstack Fuel Cell Technology B.V Sales, Revenue, and Gross Margin
      4. 6.4.4. Nedstack Fuel Cell Technology B.V Revenue and Growth Rate
      5. 6.4.5. Nedstack Fuel Cell Technology B.V Market Share
      6. 6.4.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    5. 6.5. Bloom Energy
      1. 6.5.1. Company Overview
      2. 6.5.2. Product/Service Portfolio
      3. 6.5.3. Bloom Energy Sales, Revenue, and Gross Margin
      4. 6.5.4. Bloom Energy Revenue and Growth Rate
      5. 6.5.5. Bloom Energy Market Share
      6. 6.5.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    6. 6.6. Doosan Fuel Cell America Inc
      1. 6.6.1. Company Overview
      2. 6.6.2. Product/Service Portfolio
      3. 6.6.3. Doosan Fuel Cell America Inc Sales, Revenue, and Gross Margin
      4. 6.6.4. Doosan Fuel Cell America Inc Revenue and Growth Rate
      5. 6.6.5. Doosan Fuel Cell America Inc Market Share
      6. 6.6.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    7. 6.7. Ceres Power Holdings plc
      1. 6.7.1. Company Overview
      2. 6.7.2. Product/Service Portfolio
      3. 6.7.3. Ceres Power Holdings plc Sales, Revenue, and Gross Margin
      4. 6.7.4. Ceres Power Holdings plc Revenue and Growth Rate
      5. 6.7.5. Ceres Power Holdings plc Market Share
      6. 6.7.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    8. 6.8. Plug Power Inc
      1. 6.8.1. Company Overview
      2. 6.8.2. Product/Service Portfolio
      3. 6.8.3. Plug Power Inc Sales, Revenue, and Gross Margin
      4. 6.8.4. Plug Power Inc Revenue and Growth Rate
      5. 6.8.5. Plug Power Inc Market Share
      6. 6.8.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    9. 6.9. Nuvera Fuel Cells LLC
      1. 6.9.1. Company Overview
      2. 6.9.2. Product/Service Portfolio
      3. 6.9.3. Nuvera Fuel Cells LLC Sales, Revenue, and Gross Margin
      4. 6.9.4. Nuvera Fuel Cells LLC Revenue and Growth Rate
      5. 6.9.5. Nuvera Fuel Cells LLC Market Share
      6. 6.9.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    10. 6.10. Toshiba Energy Systems
      1. 6.10.1. Company Overview
      2. 6.10.2. Product/Service Portfolio
      3. 6.10.3. Toshiba Energy Systems Sales, Revenue, and Gross Margin
      4. 6.10.4. Toshiba Energy Systems Revenue and Growth Rate
      5. 6.10.5. Toshiba Energy Systems Market Share
      6. 6.10.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    11. 6.11. Solution Corporation
      1. 6.11.1. Company Overview
      2. 6.11.2. Product/Service Portfolio
      3. 6.11.3. Solution Corporation Sales, Revenue, and Gross Margin
      4. 6.11.4. Solution Corporation Revenue and Growth Rate
      5. 6.11.5. Solution Corporation Market Share
      6. 6.11.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    12. 6.12. Proton Power Inc
      1. 6.12.1. Company Overview
      2. 6.12.2. Product/Service Portfolio
      3. 6.12.3. Proton Power Inc Sales, Revenue, and Gross Margin
      4. 6.12.4. Proton Power Inc Revenue and Growth Rate
      5. 6.12.5. Proton Power Inc Market Share
      6. 6.12.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    13. 6.13. ITM Power plc
      1. 6.13.1. Company Overview
      2. 6.13.2. Product/Service Portfolio
      3. 6.13.3. ITM Power plc Sales, Revenue, and Gross Margin
      4. 6.13.4. ITM Power plc Revenue and Growth Rate
      5. 6.13.5. ITM Power plc Market Share
      6. 6.13.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    14. 6.14. United Technologies Hydrogenic
      1. 6.14.1. Company Overview
      2. 6.14.2. Product/Service Portfolio
      3. 6.14.3. United Technologies Hydrogenic Sales, Revenue, and Gross Margin
      4. 6.14.4. United Technologies Hydrogenic Revenue and Growth Rate
      5. 6.14.5. United Technologies Hydrogenic Market Share
      6. 6.14.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
  7. Chapter 7 Fuel Cell — Industry Analysis
    1. 7.1. Introduction and Taxonomy
    2. 7.2. Fuel Cell Market – Key Trends
      1. 7.2.1. Market Drivers
      2. 7.2.2. Market Restraints
      3. 7.2.3. Market Opportunities
    3. 7.3. Value Chain Analysis
    4. 7.4. Key Mandates and Regulations
    5. 7.5. Technology Roadmap and Timeline
    6. 7.6. Fuel Cell Market – Attractiveness Analysis
      1. 7.6.1. By Product
      2. 7.6.2. By Application
      3. 7.6.3. By Region
  8. Chapter 8 Industrial Chain, Sourcing Strategy, and Downstream Buyers
    1. 8.1. Fuel Cell Industrial Chain Analysis
    2. 8.2. Downstream Buyers
    3. 8.3. Distributors/Traders List
  9. Chapter 9 Marketing Strategy Analysis
    1. 9.1. Marketing Channel
    2. 9.2. Direct Marketing
    3. 9.3. Indirect Marketing
    4. 9.4. Marketing Channel Development Trends
    5. 9.5. Economic/Political Environmental Change
  10. Chapter 10 Report Conclusion & Key Insights
    1. 10.1. Key Insights from Primary Interviews & Surveys Respondents
    2. 10.2. Key Takeaways from Analysts, Consultants, and Industry Leaders
  11. Chapter 11 Research Approach & Methodology
    1. 11.1. Report Description
    2. 11.2. Research Scope
    3. 11.3. Research Methodology
      1. 11.3.1. Secondary Research
      2. 11.3.2. Primary Research
      3. 11.3.3. Statistical Models
        1. 11.3.3.1. Company Share Analysis Model
        2. 11.3.3.2. Revenue Based Modeling
      4. 11.3.4. Research Limitations

      List of Figures

      Fig.1	Product Picture of Fuel Cell
      Fig.2	Global Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.3	Global Fuel Cell Market Absolute Revenue Opportunity, 2016 – 2026 (USD Million)
      Fig.4	Global Fuel Cell Market Incremental Revenue Opportunity, 2020 – 2026 (USD Million)
      Fig.5	Global Fuel Cell Market Share, by Product, 2019 & 2026 (USD Million)
      Fig.6	Global Proton-Exchange Membrane Fuel Cell (PEMFC)  Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.7	Global Phosphoric Acid Fuel Cells (PAFC)  Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.8	Global Solid Oxide Fuel Cell (SOFC)  Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.9	Global Molten Carbonate Fuel Cell (MCFC) Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.10	Global Others Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.11	Global Fuel Cell Market Share, by Application, 2019 & 2026 (USD Million)
      Fig.12	Global Stationary  Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.13	Global Transportation Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.14	Global Portable Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.15	Global Fuel Cell Market Share, by Region, 2019 & 2026 (USD Million)
      Fig.16	North America Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.17	U.S. Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.18	Canada Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.19	Europe Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.20	Germany Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.21	France Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.22	U.K. Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.23	Italy Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.24	Spain Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.25	Rest of Europe Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.26	Asia Pacific Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.27	China Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.28	Japan Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.29	India Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.30	South  Korea Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.31	South-East Asia Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.32	Rest of Asia Pacific Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.33	Latin America Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.34	Brazil Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.35	Mexico Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.36	Rest of Latin America Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.37	The Middle-East and Africa Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.38	GCC Countries Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.39	South Africa Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.40	Rest of Middle-East Africa Fuel Cell Market, 2016 – 2026 (USD Million)
      Fig.41	Competitor Market Share – Revenue
      Fig.42	Fuel Cell Energy Inc Revenue and Growth Rate
      Fig.43	Fuel Cell Energy Inc Market Share
      Fig.44	Ballard Power Systems Revenue and Growth Rate
      Fig.45	Ballard Power Systems Market Share
      Fig.46	SFC Energy AG Revenue and Growth Rate
      Fig.47	SFC Energy AG Market Share
      Fig.48	Nedstack Fuel Cell Technology B.V Revenue and Growth Rate
      Fig.49	Nedstack Fuel Cell Technology B.V Market Share
      Fig.50	Bloom Energy Revenue and Growth Rate
      Fig.51	Bloom Energy Market Share
      Fig.52	Doosan Fuel Cell America Inc Revenue and Growth Rate
      Fig.53	Doosan Fuel Cell America Inc Market Share
      Fig.54	Ceres Power Holdings plc Revenue and Growth Rate
      Fig.55	Ceres Power Holdings plc Market Share
      Fig.56	Plug Power Inc Revenue and Growth Rate
      Fig.57	Plug Power Inc Market Share
      Fig.58	Nuvera Fuel Cells LLC Revenue and Growth Rate
      Fig.59	Nuvera Fuel Cells LLC Market Share
      Fig.60	Toshiba Energy Systems Revenue and Growth Rate
      Fig.61	Toshiba Energy Systems Market Share
      Fig.62	Solution Corporation Revenue and Growth Rate
      Fig.63	Solution Corporation Market Share
      Fig.64	Proton Power Inc Revenue and Growth Rate
      Fig.65	Proton Power Inc Market Share
      Fig.66	ITM Power plc Revenue and Growth Rate
      Fig.67	ITM Power plc Market Share
      Fig.68	United Technologies Hydrogenic Revenue and Growth Rate
      Fig.69	United Technologies Hydrogenic Market Share
      Fig.70	Market Dynamics
      Fig.71	Global Fuel Cell – Value Chain Analysis
      Fig.72	Key Mandates and Regulations
      Fig.73	Technology Roadmap and Timeline
      Fig.74	Market Attractiveness Analysis – By Product
      Fig.75	Market Attractiveness Analysis – By Application
      Fig.76	Market Attractiveness Analysis – By Region
      Fig.77	Fuel Cell Industrial Chain Analysis
      Fig.78	Market Channels
      Fig.79	Marketing Channel Development Trend
      Fig.80	Growth in World Gross Product, 2008-2018
      

      List of Tables

      Table 1	Global Fuel Cell Market, 2019 & 2026 (USD Million)
      Table 2	Global Fuel Cell Market, by Product, 2016 – 2026 (USD Million)
      Table 3	Global Fuel Cell Market, by Application, 2016 – 2026 (USD Million)
      Table 4	Global Fuel Cell Market, by Region, 2016 – 2026 (USD Million)
      Table 5	North America Fuel Cell Market, by Country, 2016 – 2026 (USD Million)
      Table 6	North America Fuel Cell Market, by Product, 2016 – 2026 (USD Million)
      Table 7	North America Fuel Cell Market, by Application, 2016 – 2026 (USD Million)
      Table 8	Europe Fuel Cell Market, by Country, 2016 – 2026 (USD Million)
      Table 9	Europe Fuel Cell Market, by Product, 2016 – 2026 (USD Million)
      Table 10 Europe Fuel Cell Market, by Application, 2016 – 2026 (USD Million)
      Table 11 Asia Pacific Fuel Cell Market, by Country, 2016 – 2026 (USD Million)
      Table 12 Asia Pacific Fuel Cell Market, by Product, 2016 – 2026 (USD Million)
      Table 13 Asia Pacific Fuel Cell Market, by Application, 2016 – 2026 (USD Million)
      Table 14 Latin America Fuel Cell Market, by Country, 2016 – 2026 (USD Million)
      Table 15 Latin America Fuel Cell Market, by Product, 2016 – 2026 (USD Million)
      Table 16 Latin America Fuel Cell Market, by Application, 2016 – 2026 (USD Million)
      Table 17 The Middle-East and Africa Fuel Cell Market, by Country, 2016 – 2026 (USD Million)
      Table 18 The Middle-East and Africa Fuel Cell Market, by Product, 2016 – 2026 (USD Million)
      Table 19 The Middle-East and Africa Fuel Cell Market, by Application, 2016 – 2026 (USD Million)
      Table 20 Global Fuel Cell Market - Company Revenue Analysis, 2016 – 2019 (USD Million)
      Table 21 Global Fuel Cell Market - Company Revenue Share Analysis, 2016 – 2019 (%)
      Table 22 Acquisitions and Mergers
      Table 23 Market Drivers – Impact Analysis
      Table 24 Market Restraints
      Table 25 Market Opportunities
      Table 26 Major Buyers of Fuel Cell
      Table 27 Distributors/Traders of Fuel Cell by Region
      

Covid-19

Fuel Cell Market

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Industry Major Market Players

  • Fuel Cell Energy Inc.
  • Ballard Power Systems
  • SFC Energy AG
  • Nedstack Fuel Cell Technology B.V.
  • Bloom Energy
  • Doosan Fuel Cell America Inc.
  • Ceres Power Holdings plc.
  • Plug Power Inc.
  • Nuvera Fuel Cells LLC
  • Toshiba Energy Systems
  • Solution Corporation
  • Proton Power Inc.
  • ITM Power plc.
  • United Technologies Hydrogenic
     

Frequently Asked Questions

The governing factors behind the significant growth of the global fuel cell market includes the key developments in technology such as PEMFC, PAFC, AFC, and MFC coupled with rising usage of cell-based automobiles to name a few.
According to Facts & Factors, global demand for fuel cell market is expected to generate revenue of around USD 859 Million by end of 2026, growing at a CAGR of around 25.7% between 2021 and 2026.
Asia-Pacific is expected to witness the largest market share during the advent of the forecast due to rising demand for ENE-FARM based programs in Japan and Malaysia which triggers a rise in PEMFCs and SOFCs for microchip based applications in the region coupled with favorable government policies to name a few.
The key participants in the global fuel cell market are Fuel Cell Energy, Inc., Ballard Power Systems, SFC Energy AG, Nedstack Fuel Cell Technology B.V., Bloom Energy, Doosan Fuel Cell America, Inc., Ceres Power Holdings plc., Plug Power, Inc., and Nuvera Fuel Cells LLC, among others.
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