Fuel Cells Market Research Reports, Analysis & Trends

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Fuel Cells

1 . Fuel Cells Market Research Reports, Analysis & Trends

Fuel cells industry comprises companies provide and operate by production of fuel cells that convert chemical energy into electrical energy through an electromechanical reaction, for example- similar to a battery. But, in the fuel cell, the fuel is supplied from outside, thereby making the fuel cell feel like an engine converting fuel into electricity without burning it and creating resilient and distributed energy systems. Globally, a variety of fuels are used, such as hydrogen, biogas, methanol, natural gas and hydrocarbons. When the industry or the producer is working with hydrogen, the fuel cells generate water as an outcome and give electricity with zero emission, thereby making it environmentally safe and friendly. Fuel cells are slowly and steadily gaining importance as the demand for clean energy is increasing and due to the continuous depletion of oil and gas reserves, industries are inclining towards the fuel cell technology. In addition, the focus is majory shifting towards renewable energy which is backed by governments and companies in North America, Europe, majority of Asia-Pacific and Latin America.

The fuel cell industry is driving a modest growth spurt in the global revenue and development of the industry. The industry broke the $1 billion mark in revenue from the sale of fuel cell systems in the year 2012, by successful shipments of 124 MW, which is a huge rise of up 40 MW from the year 2011. Even though it is a stationary sector that continues to be the industry powerhouse, the transportation sector is picking up in terms of volume, as well and it is expected to thrive alongside. The major drivers for adoption of fuel cell technology in stationary, portable, and transportation sectors range from macro trends down to highly localized developments in which many industry players are improvising and innovative. The three most important influences and driving forces on the rate of adoption and inclination towards fuel cell systems are the cost of diesel fuel, the requirement for more resilient energy systems and government policies. The government policies factor will continue to largely determine the market’s direction over the next 5 years. Some factors and benefits of migrating to fuel cells are listed below:

Fuel cell industry providing jobs, export opportunity, manufacturing resurgence in the US
Fuel cells continue to receive far more patents than other renewable energy technologies, for example- more than 950 patents in 2011 alone.
The costs are coming down and making it affordable slightly better than before.

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2 . Current Trends in Fuel Cells Market

The global fuel cell industry is growing at a rapid rate, with CAGR of 83% during the period between 2009 and 2011, but the industry is still small, particularly compared to some of its other counterparts in the clean energy arena such as solar and wind energy industries that are a major powerhouse today in the world with excellent revenue and acceptance from government and consumers alike. The fuel cell industry still suffers from a pattern of expansion and contraction, as in the factors, scenarios and matters that happened during 2011, where system shipments in the portable fuel cell sector contracted by 16% on a yearly basis and in the process the sector lost a number of companies due to lack of business and funding.

Majorly, today fuel cells are more dominant in the North American demographic due to the government's regulatory support and technological innovation that was pushed in recent times. US is expected to emerge as one of the biggest markets for fuel cell vehicles by the end of 2018, and Asia-Pacific is the other major region where the fuel cells market is very strong with demand expected to grow at a CAGR of approximately 12% between 2013 and 2018. In Asia-Pacific, Japan and South Korea dominate the market revenue for fuel cells. And Europe is expected to grow at the highest rate among these three major regions, driven primarily by regulatory policies pushing for sustainability and environmental scare, and it is expected to cover a substantial part of the market by the end of 2018.

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3 . Major Fuel Cells Industry Players

Major fuel cells industry players include Fuel Cell Energy, Ballard, Clearedge, Toshiba, Panasonic, Plug Power Inc. and Hydrogenics Corporation.

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Fuel Cells Industry Overall Growth Forecast

We offer syndicated/off-the-shelf and custom market research reports covering Fuel Cells industry. These reports are designed to provide a wholistic view of the global Fuel Cells industry.

The major growth forecast covered are:

Fuel Cells Industry CAGR % Growth Forecast for 2022-2028
Fuel Cells Industry Value Growth Forecast for 2022-2028
Fuel Cells Industry Key Companies Growth Forecast for 2022-2028

Search all reports related to the Fuel Cells Industry

Fuel Cells Industry Regional Data Coverage

The reports offered by us provide deep regional data for Fuel Cells industry. This information is designed to help decision makers identify the key growth markets of Fuel Cells industry and prepare their business strategy accordingly.

The major regional data covered are:

Fuel Cells Industry Region-Wise Growth Trends
Fuel Cells Industry Key Country Growth Opportunities
Fuel Cells Industry Focus on Most Important Markets

Fuel Cells Industry Trends Analysis

The reports covering Fuel Cells industry offer trends analysis of various types. These include overall key growth opportunities in global Fuel Cells industry.

The major trends and analysis covered are:

Fuel Cells Industry Key Player Profiles
Fuel Cells Industry SWOT Analysis
Fuel Cells Industry Growth Drivers and Challenges

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2 . Latest Market Research Reports on Fuel Cells Industry

Below mentioned is the list of reports available for on Fuel Cells industry. If you are not able to locate the correct report, please use the search option available on top of this page to search for the right report. You can also chat with us using the online chat system facility available at the bottom right corner of this page. You can also send your requirements using the contact form.

We also undertake custom market research projects which can provide reports matching your specific data requirements. Please send us your custom research project details using the custom market research form.

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Title	Published	Pages	Price
Fuel Cell Electric Heavy-duty Vehicles (FCEHDVs) Market Size, Competition and Demand Analysis Report #Insights	Mar 10 2023	106	USD 2,900.00
Hydrogen Fuel Cell Systems For Commercial Vehicles Market Size, Competition and Demand Analysis Report #Insights	Mar 10 2023	154	USD 2,900.00
Global Hydrogen Fuel-cell Trucks (Hydrogen Trucks) Market Size, Competition and Demand Analysis Report #Insights	Mar 10 2023	101	USD 2,900.00
Global MEA & PEM Fuel Cell Market Size, Competition and Demand Analysis Report #Insights	Mar 10 2023	142	USD 4,900.00
Global High-Temperature Fuel Cell Market Size, Competition and Demand Analysis Report #Insights	Mar 7 2023	108	USD 2,900.00
Global Fuel Cells for Marine Vessels Market Size, Competition and Demand Analysis Report #Insights	Mar 7 2023	88	USD 2,900.00
Global Fuel Cell Tester Market Size, Competition and Demand Analysis Report #Insights	Mar 7 2023	96	USD 2,900.00
Global Fuel Cell Air Compressor Market Size, Competition and Demand Analysis Report #Insights	Mar 2 2023	142	USD 2,900.00
Europe Fuel Cell Market 2021-2031 by Product , Capacity , Application , End User, and Country: Trend Forecast and Growth Opportunity	Jul 31 2022	117	USD 2,780.00
Global Fuel Cell Market 2021-2031 by Product , Capacity , Application , End User, and Region: Trend Forecast and Growth Opportunity	Jul 31 2022	177	USD 3,380.00
Asia Pacific Automotive Fuel Cell Market 2021-2031 by Electrolyte Type , Component , Vehicle Type , Fuel Type , Power Output , Operating Miles , and Country: Trend Forecast and Growth Opportunity	Jul 31 2022	119	USD 2,880.00
North America Automotive Fuel Cell Market 2021-2031 by Electrolyte Type , Component , Vehicle Type , Fuel Type , Power Output , Operating Miles , and Country: Trend Forecast and Growth Opportunity	Jul 31 2022	112	USD 2,880.00
Asia Pacific Fuel Cell Market 2021-2031 by Product , Capacity , Application , End User, and Country: Trend Forecast and Growth Opportunity	Jul 31 2022	116	USD 2,780.00
North America Fuel Cell Market 2021-2031 by Product , Capacity , Application , End User, and Country: Trend Forecast and Growth Opportunity	Jul 31 2022	111	USD 2,780.00
Europe Automotive Fuel Cell Market 2021-2031 by Electrolyte Type , Component , Vehicle Type , Fuel Type , Power Output , Operating Miles , and Country: Trend Forecast and Growth Opportunity	Jul 31 2022	119	USD 2,880.00
Global Automotive Fuel Cell Market 2021-2031 by Electrolyte Type , Component , Vehicle Type , Fuel Type , Power Output , Operating Miles , and Region: Trend Forecast and Growth Opportunity	Jul 31 2022	175	USD 3,480.00
World Proton Exchange Membrane Fuel Cells（PEMFC) Market Research Report 2024 (covering USA, Europe, China, Japan, India, South East Asia and etc)	Mar 14 2019	119	USD 2,960.00
World Microbial Fuel Cell Market by Product Type, Market, Players and Regions-Forecast To 2024 (Covering USA, Europe, Asia, etc.)	Feb 12 2019	114	USD 2,960.00
World Alkaline Fuel Cell(AFC) Market Research Report 2024 (covering USA, Europe, China, Japan, India, South East Asia and etc)	Feb 11 2019	118	USD 2,960.00
Fuel Cell - Global Market Outlook (2017-2026)	Oct 1 2018	166	USD 4,150.00
Forecast of Global Stationary Fuel Cells Market 2023	Jul 3 2018	128	USD 4,880.00
Forecast of Global Hydrogen and Fuel Cells Market 2023	Jul 3 2018	130	USD 4,880.00
Refinery, Re-refinery, and Bio Fuel Catalysts Market Strategies and Forecasts, Worldwide, 2016 to 2022	Mar 22 2016	36	USD 3,900.00
Stationary Fuel Cells - Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020	Feb 27 2014	603	USD 3,900.00

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Fuel Cells

Table of Contents

1 . Fuel Cells Market Research Reports, Analysis & Trends

2 . Current Trends in Fuel Cells Market

3 . Major Fuel Cells Industry Players

Table of Contents

1 . How MarketResearchReports.com Can Help You Find the Right Report(s)?

Fuel Cells Industry Overall Growth Forecast