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Global Fuel Cell Market Forecast to 2025 by Manufacturers, Regions, Type and Application

Dec 14th 2018 at 5:47 AM

This report presents the worldwide Fuel Cell market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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A fuel cell is a device that generates electricity by a chemical reaction. Every fuel cell has two electrodes, one positive and one negative, called, respectively, the anode and cathode. The reactions that produce electricity take place at the electrodes.

Every fuel cell also has an electrolyte, which carries electrically charged particles from one electrode to the other, and a catalyst, which speeds the reactions at the electrodes.

Hydrogen is the basic fuel, but fuel cells also require oxygen. One great appeal of fuel cells is that they generate electricity with very little pollutionmuch of the hydrogen and oxygen used in generating electricity ultimately combine to form a harmless byproduct, namely water.
Because of emission control requirements and new power line restrictions in the states larger cities, there will be greater motivation for fuel cell use in urban areas than in more rural areas. This concentration of fuel cells in specific urban areas will allow for more efficient utilization of fuel cell maintenance and repair technicians by utility companies.

Government level systematic identification and removal of legislative barriers to deployment of fuel cells in stationary, portable or transport systems.

Several automobile companies including, most prominently, GM, DaimlerChrysler, and Honda, have invested hundreds of millions of dollars in fuel cell research, development, and commercialization. Each of these companies has a fuel cell prototype car currently being tested in a demonstration program.

The Fuel Cell market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Fuel Cell.

The following manufacturers are covered in this report:
Ballard Power System, Inc.
Ceramic Fuel Cells Limited
FuelCell Energy, Inc.
Hydrogenics Corporation
AFC Energy PLC
Bloom Energy
Ceres Power Holdings PLC
Doosan Corporation
Plug Power, Inc.
POSCO Energy Co., Ltd.
Horizon Fuel Cell Technologies Pte. Ltd.
Quantum Fuel Systems Technologies Worldwide, Inc.
Panasonic Corporation
Toshiba Fuel Cell Power Systems Corp.

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Fuel Cell Breakdown Data by Type
PEMFCs
SOFC
MCFC
DMFC

Fuel Cell Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

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Fuel Cell Breakdown Data by Application
Transport
Stationary
Portable

Fuel Cell Production by Region
United States
Europe
China
Japan
Other Regions

The study objectives of this report are:

To analyze and study the global Fuel Cell capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Fuel Cell manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Fuel Cell :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025

This report includes the estimation of market size for value (million USD) and volume (MW). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Fuel Cell market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Fuel Cell Manufacturers
Fuel Cell Distributors/Traders/Wholesalers
Fuel Cell Subcomponent Manufacturers
Industry Association
Downstream Vendors

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