A fuel cell is a device that converts the chemical energy contained in fuel and oxidant into electrical energy through chemical reactions. This fuel can be many substances. However, due to the comprehensive applicability of hydrogen, when people mention fuel cells, they generally refer to hydrogen fuel cells.
The basic structure of a fuel cell is mainly composed of four parts, namely the anode, cathode, electrolyte and external circuit. Usually the anode is a hydrogen electrode and the cathode is an oxygen electrode. Both the anode and the cathode need to contain a certain amount of electrocatalyst to accelerate the electrochemical reaction on the electrode, and the electrolyte is between the two electrodes.
The global market for High-Performance Fuel Cells was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
According to data released by the China Association of Automobile Manufacturers, in December 2022, the production and sales of hydrogen fuel cell vehicles in China was 653 and 607, respectively. In the whole year of 2022, the production and sales of hydrogen fuel cell vehicles was 3,626 and 3,367, a year-on-year increase of 105.4% and 112.8%, respectively. According to our Fuel Cell Research Center, by the end of 2022, the number of fuel cell vehicles in the world had reached 67,000 units, a year-on-year increase of 36.6%. Among them, the number of fuel cell vehicles in China was 12,682 units.
Report Scope
This report aims to provide a comprehensive presentation of the global market for High-Performance Fuel Cells, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of High-Performance Fuel Cells by region & country, by Type, and by Application.
The High-Performance Fuel Cells market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High-Performance Fuel Cells.
Market Segmentation
By Company
Ballard Power Systems
Hydrogenics
Toshiba Energy Systems & Solutions Corporation
SFC Energy
Mitsubishi Power
Ceres Power
Horizon Fuel Cell Technologies
Aisin Seiki Co
Kyocera
AFC Energy
Altergy
Nuvera Fuel Cells LLC
Segment by Type:
Proton Exchange Membrane Fuel Cell
Phosphoric Acid Fuel Cell
Alkaline Fuel Cell
Microbial Fuel Cell
Segment by Application
Automobile
Power Plant
Aerospace
Other
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of High-Performance Fuel Cells manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of High-Performance Fuel Cells in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of High-Performance Fuel Cells in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Market Overview
1.1 High-Performance Fuel Cells Product Introduction
1.2 Global High-Performance Fuel Cells Market Size Forecast
1.2.1 Global High-Performance Fuel Cells Sales Value (2019-2030)
1.2.2 Global High-Performance Fuel Cells Sales Volume (2019-2030)
1.2.3 Global High-Performance Fuel Cells Sales Price (2019-2030)
1.3 High-Performance Fuel Cells Market Trends & Drivers
1.3.1 High-Performance Fuel Cells Industry Trends
1.3.2 High-Performance Fuel Cells Market Drivers & Opportunity
1.3.3 High-Performance Fuel Cells Market Challenges
1.3.4 High-Performance Fuel Cells Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global High-Performance Fuel Cells Players Revenue Ranking (2023)
2.2 Global High-Performance Fuel Cells Revenue by Company (2019-2024)
2.3 Global High-Performance Fuel Cells Players Sales Volume Ranking (2023)
2.4 Global High-Performance Fuel Cells Sales Volume by Company Players (2019-2024)
2.5 Global High-Performance Fuel Cells Average Price by Company (2019-2024)
2.6 Key Manufacturers High-Performance Fuel Cells Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers High-Performance Fuel Cells Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of High-Performance Fuel Cells
2.9 High-Performance Fuel Cells Market Competitive Analysis
2.9.1 High-Performance Fuel Cells Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by High-Performance Fuel Cells Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in High-Performance Fuel Cells as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Proton Exchange Membrane Fuel Cell
3.1.2 Phosphoric Acid Fuel Cell
3.1.3 Alkaline Fuel Cell
3.1.4 Microbial Fuel Cell
3.2 Global High-Performance Fuel Cells Sales Value by Type
3.2.1 Global High-Performance Fuel Cells Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global High-Performance Fuel Cells Sales Value, by Type (2019-2030)
3.2.3 Global High-Performance Fuel Cells Sales Value, by Type (%) (2019-2030)
3.3 Global High-Performance Fuel Cells Sales Volume by Type
3.3.1 Global High-Performance Fuel Cells Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global High-Performance Fuel Cells Sales Volume, by Type (2019-2030)
3.3.3 Global High-Performance Fuel Cells Sales Volume, by Type (%) (2019-2030)
3.4 Global High-Performance Fuel Cells Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Automobile
4.1.2 Power Plant
4.1.3 Aerospace
4.1.4 Other
4.2 Global High-Performance Fuel Cells Sales Value by Application
4.2.1 Global High-Performance Fuel Cells Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global High-Performance Fuel Cells Sales Value, by Application (2019-2030)
4.2.3 Global High-Performance Fuel Cells Sales Value, by Application (%) (2019-2030)
4.3 Global High-Performance Fuel Cells Sales Volume by Application
4.3.1 Global High-Performance Fuel Cells Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global High-Performance Fuel Cells Sales Volume, by Application (2019-2030)
4.3.3 Global High-Performance Fuel Cells Sales Volume, by Application (%) (2019-2030)
4.4 Global High-Performance Fuel Cells Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global High-Performance Fuel Cells Sales Value by Region
5.1.1 Global High-Performance Fuel Cells Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global High-Performance Fuel Cells Sales Value by Region (2019-2024)
5.1.3 Global High-Performance Fuel Cells Sales Value by Region (2025-2030)
5.1.4 Global High-Performance Fuel Cells Sales Value by Region (%), (2019-2030)
5.2 Global High-Performance Fuel Cells Sales Volume by Region
5.2.1 Global High-Performance Fuel Cells Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global High-Performance Fuel Cells Sales Volume by Region (2019-2024)
5.2.3 Global High-Performance Fuel Cells Sales Volume by Region (2025-2030)
5.2.4 Global High-Performance Fuel Cells Sales Volume by Region (%), (2019-2030)
5.3 Global High-Performance Fuel Cells Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America High-Performance Fuel Cells Sales Value, 2019-2030
5.4.2 North America High-Performance Fuel Cells Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe High-Performance Fuel Cells Sales Value, 2019-2030
5.5.2 Europe High-Performance Fuel Cells Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific High-Performance Fuel Cells Sales Value, 2019-2030
5.6.2 Asia Pacific High-Performance Fuel Cells Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America High-Performance Fuel Cells Sales Value, 2019-2030
5.7.2 South America High-Performance Fuel Cells Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa High-Performance Fuel Cells Sales Value, 2019-2030
5.8.2 Middle East & Africa High-Performance Fuel Cells Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions High-Performance Fuel Cells Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions High-Performance Fuel Cells Sales Value
6.2.1 Key Countries/Regions High-Performance Fuel Cells Sales Value, 2019-2030
6.2.2 Key Countries/Regions High-Performance Fuel Cells Sales Volume, 2019-2030
6.3 United States
6.3.1 United States High-Performance Fuel Cells Sales Value, 2019-2030
6.3.2 United States High-Performance Fuel Cells Sales Value by Type (%), 2023 VS 2030
6.3.3 United States High-Performance Fuel Cells Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe High-Performance Fuel Cells Sales Value, 2019-2030
6.4.2 Europe High-Performance Fuel Cells Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe High-Performance Fuel Cells Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China High-Performance Fuel Cells Sales Value, 2019-2030
6.5.2 China High-Performance Fuel Cells Sales Value by Type (%), 2023 VS 2030
6.5.3 China High-Performance Fuel Cells Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan High-Performance Fuel Cells Sales Value, 2019-2030
6.6.2 Japan High-Performance Fuel Cells Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan High-Performance Fuel Cells Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea High-Performance Fuel Cells Sales Value, 2019-2030
6.7.2 South Korea High-Performance Fuel Cells Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea High-Performance Fuel Cells Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia High-Performance Fuel Cells Sales Value, 2019-2030
6.8.2 Southeast Asia High-Performance Fuel Cells Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia High-Performance Fuel Cells Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India High-Performance Fuel Cells Sales Value, 2019-2030
6.9.2 India High-Performance Fuel Cells Sales Value by Type (%), 2023 VS 2030
6.9.3 India High-Performance Fuel Cells Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Ballard Power Systems
7.1.1 Ballard Power Systems Company Information
7.1.2 Ballard Power Systems Introduction and Business Overview
7.1.3 Ballard Power Systems High-Performance Fuel Cells Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Ballard Power Systems High-Performance Fuel Cells Product Offerings
7.1.5 Ballard Power Systems Recent Development
7.2 Hydrogenics
7.2.1 Hydrogenics Company Information
7.2.2 Hydrogenics Introduction and Business Overview
7.2.3 Hydrogenics High-Performance Fuel Cells Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Hydrogenics High-Performance Fuel Cells Product Offerings
7.2.5 Hydrogenics Recent Development
7.3 Toshiba Energy Systems & Solutions Corporation
7.3.1 Toshiba Energy Systems & Solutions Corporation Company Information
7.3.2 Toshiba Energy Systems & Solutions Corporation Introduction and Business Overview
7.3.3 Toshiba Energy Systems & Solutions Corporation High-Performance Fuel Cells Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Toshiba Energy Systems & Solutions Corporation High-Performance Fuel Cells Product Offerings
7.3.5 Toshiba Energy Systems & Solutions Corporation Recent Development
7.4 SFC Energy
7.4.1 SFC Energy Company Information
7.4.2 SFC Energy Introduction and Business Overview
7.4.3 SFC Energy High-Performance Fuel Cells Sales, Revenue and Gross Margin (2019-2024)
7.4.4 SFC Energy High-Performance Fuel Cells Product Offerings
7.4.5 SFC Energy Recent Development
7.5 Mitsubishi Power
7.5.1 Mitsubishi Power Company Information
7.5.2 Mitsubishi Power Introduction and Business Overview
7.5.3 Mitsubishi Power High-Performance Fuel Cells Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Mitsubishi Power High-Performance Fuel Cells Product Offerings
7.5.5 Mitsubishi Power Recent Development
7.6 Ceres Power
7.6.1 Ceres Power Company Information
7.6.2 Ceres Power Introduction and Business Overview
7.6.3 Ceres Power High-Performance Fuel Cells Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Ceres Power High-Performance Fuel Cells Product Offerings
7.6.5 Ceres Power Recent Development
7.7 Horizon Fuel Cell Technologies
7.7.1 Horizon Fuel Cell Technologies Company Information
7.7.2 Horizon Fuel Cell Technologies Introduction and Business Overview
7.7.3 Horizon Fuel Cell Technologies High-Performance Fuel Cells Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Horizon Fuel Cell Technologies High-Performance Fuel Cells Product Offerings
7.7.5 Horizon Fuel Cell Technologies Recent Development
7.8 Aisin Seiki Co
7.8.1 Aisin Seiki Co Company Information
7.8.2 Aisin Seiki Co Introduction and Business Overview
7.8.3 Aisin Seiki Co High-Performance Fuel Cells Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Aisin Seiki Co High-Performance Fuel Cells Product Offerings
7.8.5 Aisin Seiki Co Recent Development
7.9 Kyocera
7.9.1 Kyocera Company Information
7.9.2 Kyocera Introduction and Business Overview
7.9.3 Kyocera High-Performance Fuel Cells Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Kyocera High-Performance Fuel Cells Product Offerings
7.9.5 Kyocera Recent Development
7.10 AFC Energy
7.10.1 AFC Energy Company Information
7.10.2 AFC Energy Introduction and Business Overview
7.10.3 AFC Energy High-Performance Fuel Cells Sales, Revenue and Gross Margin (2019-2024)
7.10.4 AFC Energy High-Performance Fuel Cells Product Offerings
7.10.5 AFC Energy Recent Development
7.11 Altergy
7.11.1 Altergy Company Information
7.11.2 Altergy Introduction and Business Overview
7.11.3 Altergy High-Performance Fuel Cells Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Altergy High-Performance Fuel Cells Product Offerings
7.11.5 Altergy Recent Development
7.12 Nuvera Fuel Cells LLC
7.12.1 Nuvera Fuel Cells LLC Company Information
7.12.2 Nuvera Fuel Cells LLC Introduction and Business Overview
7.12.3 Nuvera Fuel Cells LLC High-Performance Fuel Cells Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Nuvera Fuel Cells LLC High-Performance Fuel Cells Product Offerings
7.12.5 Nuvera Fuel Cells LLC Recent Development
8 Industry Chain Analysis
8.1 High-Performance Fuel Cells Industrial Chain
8.2 High-Performance Fuel Cells Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 High-Performance Fuel Cells Sales Model
8.5.2 Sales Channel
8.5.3 High-Performance Fuel Cells Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Ballard Power Systems
Hydrogenics
Toshiba Energy Systems & Solutions Corporation
SFC Energy
Mitsubishi Power
Ceres Power
Horizon Fuel Cell Technologies
Aisin Seiki Co
Kyocera
AFC Energy
Altergy
Nuvera Fuel Cells LLC
*If Applicable.