Fuel Cells Market by Type (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cell, Alkaline Fuel Cell, Microbial Fuel Cell), Application (Transport, Stationary, Portable), End-User, Region - Global Forecast to 2025

Publisher Name :
Date: 07-Dec-2020
No. of pages: 217
Inquire Before Buying

“The global fuel cells market is projected to reach USD 848 million by 2025, at a CAGR of 26.4% from 2020 to 2025”

The global fuel cells market size is projected to reach USD 848 million by 2025 from an estimated market size of USD 263 million in 2020, at a CAGR of 26.4%. The market has been analyzed with key focus on advancements in fuel cell technologies such as PEMFC, PAFC, AFC, and MFC. The growing demand for less carbon-emitting fuel cell-based vehicles in developed regions and increasing the adoption of clean energy sources for power generation has augmented the demand for advances in fuel cell technology. Moreover, the booming power sector and augmented distributed power generation capacities globally would further aid the growth of this market. 

The transport segment is expected to be the fastest-growing market during the forecast period.”

The fuel cells market, by application, is segmented into transport, portable, and stationary applications. Transport segment of the advances in fuel cell technology industry is growing rapidly because of the widespread usage of fuel cells in heavy-duty vehicles operated on land such as public transport and in water. In regions such as Asia Pacific, these factors collectively are likely to boost the demand for transport segment in the fuel cell technology industry during the forecast period.

“The Proton Exchange Membrane Fuel Cell (PEMFC) segment is expected to grow at the highest CAGR from 2020 to 2025. “

Fuel cells market, by type, is segmented into Proton Exchange Membrane Fuel Cell (PEMFC), Phosphoric Acid Fuel Cell (PAFC), Alkaline Fuel Cell (AFC), and Microbial Fuel Cell (MFC). Proton Exchange Membrane Fuel Cell (PEMFC accounted for the majority of the advances in fuel cell technology market share in 2019 and is expected to grow at the highest CAGR during 2020 to 2025 owing to their application in fuel cell-based vehicle operations.

“Asia Pacific is expected to lead in the global fuel cells market.”

Asia Pacific is currently the largest market for fuel cells and a key region in the advances in fuel cell technology market, followed by North America and Europe. The Asia Pacific market is driven by the growing use of fuel cell-powered vehicles in the region. Also, the increasing power generation from cleaner energy sources is further expected to boost the advances in fuel cell technology industry in the region. It is projected to grow at the fastest rate, with China dominating the regional market.

With the demand for electrical power, and an increasing need for a reduction in carbon emissions, the need for high-efficiency power generation methods has increased considerably. The rising demand for clean power generation methods is consequently leading to the growing demand  for fuel cells. Apart from the China, the advances in fuel cell technology markets in countries such as Japan, and South Korea are also growing at healthy rates.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:


  • By Stakeholders: Manufacturers:55.0%, Associations: 30.0%, Operators: 15.0%

  • By Designation: Managers:60.0%, CXOs: 20.0%, and Executives: 20.0%

  • By Region: Europe: 72.7%, North America: 18.2%, and Asia Pacific: 9.1%


 The tier of the companies is defined on the basis of their total revenue, as of 2017; Tier 1: USD 1 billion, Tier 2: USD 500 million–1 billion, and Tier 3: <USD 500 million.

The global fuel cells market and the advances in fuel cell technology market is dominated by a few major players that have an extensive global and regional presence. The leading players in the advances in fuel cell technology industry are Ballard Power (Canada), Cummins (US) SFC Energy (Germany), Plug Power (US), Fuel Cell Energy (US), and Bloom Energy (US).

Research Coverage:

The report defines, describes, and forecasts the global fuel cells market and the advances in fuel cell technology market by type, end-user, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include the analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the advances in fuel cell technology market.

Key benefits of Buying a Report:


  • The report identifies and addresses the key markets for fuel cell , which would help equipment manufacturers and raw material providers review the growth in demand.

  • The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.

  • The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.

Fuel Cells Market by Type (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cell, Alkaline Fuel Cell, Microbial Fuel Cell), Application (Transport, Stationary, Portable), End-User, Region - Global Forecast to 2025

Table Of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.2.1 Fuel Cells Market, By Type
1.3 Inclusions & Exclusions
1.3.1 Fuel Cells Market, By Application: Inclusions & Exclusions
1.3.2 Fuel Cells Market, By End User: Inclusions & Exclusions
1.4 Market Scope
1.4.1 Market Segmentation
1.4.2 Regional Scope
1.5 Years Considered For Study
1.6 Currency
1.7 Limitations
1.8 Stakeholders
1.9 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Fuel Cells Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Break-Up Of Primaries
2.2 Scope
Figure 2 Main Metrics Considered While Constructing And Assessing Demand For Fuel Cells Market
2.3 Market Size Estimation
2.3.1 Demand-Side Analysis
Figure 3 Year-On-Year Capacity Addition Of Various Fuel Cell Technologies Is Major Capacity Determining Factor For Market
2.3.1.1 Key Assumptions
2.3.1.2 Calculations
2.3.2 Forecast
2.3.3 Supply-Side Analysis
Figure 4 Increase In Number Of New Fuel Cell Projects Is Key Factor Driving Growth Of Global Fuel Cells Market
2.3.3.1 Assumptions And Calculations
2.4 Market Breakdown And Data Triangulation
Figure 5 Data Triangulation Methodology

3 Executive Summary
3.1 Pre- And Post-Covid-19 Scenario Analysis
Figure 6 Pre- And Post-Covid-19 Scenario Analysis
Table 1 Fuel Cells Market Snapshot, By Size And Share, 2020 Vs. 2025
Figure 7 Asia Pacific Captured Largest Share Of Fuel Cells Market, In Terms Of Value, In 2019
Figure 8 Fuel Cell Vehicles To Account For Largest Share Of Fuel Cells Market During Forecast Period
Figure 9 Transport Segment To Witness Highest Cagr In Fuel Cell Technology Market During Forecast Period
Figure 10 Pemfc Segment To Drive Fuel Cells Market Growth, Based On Type, During Forecast Period

4 Premium Insights
4.1 Attractive Opportunities In Fuel Cells Market
Figure 11 Advancements In Pemfc Are Key Factors Driving Fuel Cells Market Growth During 2020–2025
4.2 Fuel Cells Market, By Region
Figure 12 Fuel Cells Market In Asia Pacific, In Terms Of Value, Is Projected To Grow At Highest Cagr During Forecast Period
4.3 Fuel Cells Market In Asia Pacific, By Country And Application
Figure 13 Transport Application And China Led Fuel Cells Market In Asia Pacific In 2019
4.4 Fuel Cells Market, By End User
Figure 14 Fuel Cell Vehicles To Command Fuel Cells Market By 2025
4.5 Fuel Cells Market, By Application
Figure 15 Transport Segment To Lead Fuel Cells Market By 2025
4.6 Fuel Cells Market, By Type
Figure 16 Pemfc Segment To Account For Largest Share Of Fuel Cells Market By 2025

5 Market Overview
5.1 Introduction
5.2 Covid-19 Health Assessment
Figure 17 Covid-19: Global Propagation
Figure 18 Covid-19 Propagation In Select Countries
5.3 Road To Recovery
Figure 19 Recovery Road For 2020 And 2021
5.4 Covid-19 Economic Assessment
Figure 20 Revised Gdp Forecasts For Select G20 Countries In 2020
5.5 Market Dynamics
Figure 21 Advances In Fuel Cell Technology: Market Dynamics
5.5.1 Drivers
5.5.1.1 Government Subsidies For Fuel Cell Programs
5.5.1.2 Significant Investments In R&D Activities Pertaining To Fuel Cell Technology
5.5.1.3 High Focus On Clean Energy Generation For Transportation & Power Generation
5.5.2 Restraints
5.5.2.1 High Cost Of Catalysts Used In Fuel Cells
5.5.2.2 Lack Of Hydrogen Delivery Infrastructure
5.5.3 Opportunities
5.5.3.1 Development Of Clean Energy-Based Distributed Generation Solutions
5.5.3.2 Use Of Flexible Fuel Cells
5.5.4 Challenges
5.5.4.1 Increasing Investments In Renewable Energy Generation
Figure 22 Investments In Field Of Renewable Energy, By Region, 2017
5.5.4.2 Onboard Storage Of Hydrogen
5.5.4.3 Impact Of Covid-19 On Renewable Energy Sector
5.6 Adjacent And Interconnected Markets
Table 2 Adjacent And Interconnected Markets (Usd Billion)

6 Fuel Cells Market, By End User
6.1 Introduction
Figure 23 Fuel Cells Market (Megawatt), By End User, 2019
Table 3 Fuel Cells Market, By End User, 2016–2019 (Megawatt)
Table 4 Pre-Covid-19: Fuel Cells Market, By End User, 2020–2025 (Megawatt)
Table 5 Post-Covid-19: Fuel Cells Market, By End User, 2020–2025 (Megawatt)
6.2 Fuel Cell Vehicles
6.2.1 Growing Focus On Reducing Pollution From Heavy-Duty Vehicles To Drive Growth Of Fuel Cell Vehicles Segment
Table 6 Fuel Cell Vehicles: Fuel Cells Market, By Region, 2016–2019 (Megawatt)
Table 7 Post-Covid-19: Fuel Cell Vehicles: Fuel Cells Market, By Region, 2020–2025 (Megawatt)
6.3 Utilities
6.3.1 Increasing Need For Clean Energy Generation Solutions To Boost Demand For Fuel Cell Technology
Table 8 Utilities: Fuel Cells Market, By Region, 2016–2019 (Megawatt)
Table 9 Post-Covid-19: Utilities: Fuel Cells Market, By Region, 2020–2025 (Megawatt)
6.4 Defense
6.4.1 Surging Requirement For Portable And Reliable Power Sources Fuels Demand For Fuel Cell Technology From Defense Sector
Table 10 Defense: Fuel Cells Market, By Region, 2016–2019 (Megawatt)
Table 11 Post-Covid-19: Defense: Fuel Cells Market, By Region, 2020–2025 (Megawatt)

7 Fuel Cells Market, By Application
7.1 Introduction
Figure 24 Fuel Cells Market (Megawatt), By Application, 2019
Table 12 Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 13 Pre-Covid-19: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
Table 14 Post-Covid-19: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
7.2 Portable
7.2.1 Rising Need For Electricity To Charge Equipment Used In Defense Sector And Recreational Activities Foster Growth Of Market For Portable Segment
Table 15 Portable: Fuel Cells Market, By Region, 2016–2019 (Megawatt)
Table 16 Post-Covid-19: Portable: Fuel Cells Market, By Region, 2020–2025 (Megawatt)
7.3 Stationary
7.3.1 Growing Use Of Hydrogen-Powered Fuel Cells In Stationary Power Units For Backup Power To Spur Growth Of Market For Stationary Segment
Table 17 Stationary: Fuel Cells Market, By Region, 2016–2019 (Megawatt)
Table 18 Post- Covid-19: Stationary: Fuel Cells Market, By Region, 2020–2025 (Megawatt)
7.4 Transport
7.4.1 Increasing Use Of Fuel Cells To Operate Heavy-Duty Vehicles To Support Market Growth For Transport Segment
Table 19 Transport: Fuel Cells Market, By Region, 2016–2019 (Megawatt)
Table 20 Post-Covid-19: Transport: Fuel Cells Market, By Region, 2020–2025 (Megawatt)

8 Fuel Cells Market, By Type
8.1 Introduction
Figure 25 Fuel Cells Market (Megawatt), By Type, 2019
Table 21 Fuel Cells Market, By Type, 2016–2019 (Megawatt)
Table 22 Pre-Covid-19: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
Table 23 Post-Covid-19: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
8.2 Proton Exchange Membrane Fuel Cell (Pemfc)
8.2.1 Increased Demand For Fuel Cell-Powered Vehicles To Accelerate Growth Of Market For Pemfc Segment
Table 24 Pemfc: Fuel Cells Market, By Region, 2016–2019 (Megawatt)
Table 25 Post-Covid-19: Pemfc: Fuel Cells Market, By Region, 2020–2025 (Megawatt)
8.3 Phosphoric Acid Fuel Cell (Pafc)
8.3.1 Longer Life And Heavy Weight Of Pafc Making Them Suitable For Stationary Applications
Table 26 Pafc: Fuel Cells Market, By Region, 2016–2019 (Megawatt)
Table 27 Post-Covid-19: Pafc: Fuel Cells Market, By Region, 2020–2025 (Megawatt)
8.4 Alkaline Fuel Cell (Afc)
8.4.1 High Adoption Of Fuel Cells In Transport And Aerospace Applications To Promote Afc Market Growth
Table 28 Afc: Fuel Cells Market, By Region, 2016–2019 (Megawatt)
Table 29 Post-Covid-19: Afc: Fuel Cells Market, By Region, 2020–2025 (Megawatt)
8.5 Microbial Fuel Cell (Mfc)
8.5.1 Elevated Use Of Microbes In Fuel Cell Operations In Water And Wastewater Treatment Industries To Stimulate Growth Of Market For Mfc Segment
Table 30 Mfc: Fuel Cells Market, By Region, 2016–2019 (Megawatt)
Table 31 Post-Covid-19: Mfc: Fuel Cells Market, By Region, 2020–2025 (Megawatt)
8.6 Key Upcoming Technologies
8.6.1 Direct Carbon Fuel Cell (Dcfc)
8.6.2 Proton Ceramic Fuel Cell (Pcfc)

9 Fuel Cells Market, By Region
9.1 Introduction
Figure 26 Fuel Cells Market (Usd Million), By Region, 2019
Table 32 Fuel Cells Market, By Region, 2016–2019 (Megawatt)
Table 33 Pre-Covid-19: Fuel Cells Market, By Region, 2020–2025 (Megawatt)
Table 34 Post-Covid-19: Fuel Cells Market, By Region, 2020–2025 (Megawatt)
Table 35 Fuel Cells Market, By Region, 2016–2019 (Usd Million)
Table 36 Pre-Covid-19: Fuel Cells Market, By Region, 2020–2025 (Usd Million)
Table 37 Post-Covid-19: Fuel Cells Market, By Region, 2020–2025 (Usd Million)
9.2 North America
9.2.1 Surging Demand For Fuel Cell-Powered Vehicles And Clean Energy Generation To Drive Market Growth In North America
Figure 27 Snapshot: North America (2019)
9.2.2 By Application
Table 38 North America: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 39 Post-Covid-19: North America: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
9.2.3 By End User
Table 40 North America: Fuel Cells Market, By End User, 2016–2019 (Megawatt)
Table 41 Post-Covid-19: North America: Fuel Cells Market, By End User, 2020–2025 (Megawatt)
9.2.4 By Type
Table 42 North America: Fuel Cells Market, By Type, 2016–2019 (Megawatt)
Table 43 Post-Covid-19: North America: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
9.2.5 By Country
Table 44 North America: Fuel Cells Market, By Country, 2016–2019 (Megawatt)
Table 45 Post-Covid-19: North America: Fuel Cells Market, By Country, 2020–2025 (Megawatt)
Table 46 North America: Fuel Cells Market, By Country, 2016–2019 (Usd Million)
Table 47 Post-Covid-19: North America: Fuel Cells Market, By Country, 2020–2025 (Usd Million)
9.2.6 Us
9.2.6.1 Increasing Stationary Applications Of Clean Power Generation Solutions To Accelerate Fuel Cells Market Growth
Table 48 Us: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 49 Post-Covid-19: Us: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
Table 50 Us: Fuel Cells Market, By End User, 2016–2019 (Megawatt)
Table 51 Post-Covid-19: Us: Fuel Cells Market, By End User, 2020–2025 (Megawatt)
Table 52 Us: Fuel Cells Market, By Type, 2016–2019 (Megawatt)
Table 53 Post-Covid-19: Us: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
Table 54 Us: Fuel Cells Market, By Type, 2016–2019 (Usd Million)
Table 55 Post-Covid-19:Us: Fuel Cells Market, By Type, 2020–2025 (Usd Million)
9.2.7 Canada
9.2.7.1 Growing Dependency On Fuel Cells In Transport Applications To Foster Market Growth In Canada
Table 56 Canada: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 57 Canada: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
Table 58 Canada: Fuel Cells Market, By End User , 2016–2019 (Megawatt)
Table 59 Canada: Fuel Cells Market, By End User , 2020–2025 (Megawatt)
Table 60 Canada: Fuel Cells Market, By Type, 2017–2024 (Megawatt)
Table 61 Post-Covid-19: Canada: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
Table 62 Canada: Fuel Cells Market, By Type, 2016–2019 (Usd Million)
Table 63 Post-Covid-19: Canada: Fuel Cells Market, By Type, 2020–2025 (Usd Million)
9.3 Asia Pacific
9.3.1 Rising Use Of Microbes In Fuel Cells Used In Water And Wastewater Treatment Operations To Propel Growth Of Mfcs Segment
Figure 28 Snapshot: Asia Pacific (2019)
9.3.2 By Application
Table 64 Asia Pacific: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 65 Post-Covid-19: Asia Pacific: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
9.3.3 By End User
Table 66 Asia Pacific: Fuel Cells Market, By End User, 2016–2019 (Megawatt)
Table 67 Post-Covid-19: Asia Pacific: Fuel Cells Market, By End User, 2020–2025 (Megawatt)
9.3.4 By Type
Table 68 Asia Pacific: Fuel Cells Market, By Type, 2016–2019 (Megawatt)
Table 69 Post-Covid-19: Asia Pacific: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
9.3.5 By Country
Table 70 Asia Pacific: Fuel Cells Market, By Country, 2016–2019 (Megawatt)
Table 71 Asia Pacific: Fuel Cells Market, By Country, 2020–2025 (Megawatt)
Table 72 Asia Pacific: Fuel Cells Market, By Country, 2016–2019 (Usd Million)
Table 73 Asia Pacific: Fuel Cells Market, By Country, 2020–2025 (Usd Million)
9.3.6 China
9.3.6.1 Increasing Investments In Fuel Cell-Based Public Transport To Spur Demand For Fuel Cells
Table 74 China: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 75 Post-Covid-19: China: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
Table 76 China: Fuel Cells Market, By End User , 2017–2024 (Megawatt)
Table 77 Post-Covid-19: China: Fuel Cells Market, By End User, 2020–2025 (Megawatt)
Table 78 China: Fuel Cells Market, By Type, 2017–2024 (Megawatt)
Table 79 Post-Covid-19: China: Fuel Cells Market, By Type, 2017–2024 (Megawatt)
Table 80 China: Fuel Cells Market, By Type, 2016–2019 (Usd Million)
Table 81 Post-Covid-19: China: Fuel Cells Market, By Type, 2020–2025 (Usd Million)
9.3.7 Japan
9.3.7.1 Growing Demand For Fuel Cells In Portable Applications To Contribute To Growth Of Fuel Cells Market In Japan
Table 82 Japan: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 83 Post-Covid-19: Japan: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
Table 84 Japan: Fuel Cells Market, By End User , 2020–2025 (Megawatt)
Table 85 Post-Covid-19: Japan: Fuel Cells Market, By End User, 2020–2025 (Megawatt)
Table 86 Japan: Fuel Cells Market, By Type, 2017–2024 (Megawatt)
Table 87 Post-Covid-19: Japan: Fuel Cells Market, By Type, 2017–2024 (Megawatt)
Table 88 Japan: Fuel Cells Market, By Type, 2017–2024 (Usd Million)
Table 89 Post-Covid-19: Japan: Fuel Cells Market, By Type, 2017–2024 (Usd Million)
9.3.8 South Korea
9.3.8.1 Increasing Importance On Generating Electrical Power By Fuel Cell-Based Utilities To Drive Demand For Fuel Cells
Table 90 South Korea: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 91 Post-Covid-19: South Korea: Fuel Cells Market, By Application, 2017–2024 (Megawatt)
Table 92 South Korea: Fuel Cells Market, By End User , 2016–2019 (Megawatt)
Table 93 Post-Covid-19: South Korea: Fuel Cells Market, By End User , 2020–2025 (Megawatt)
Table 94 South Korea: Fuel Cells Market, By Type, 2016–2019 (Megawatt)
Table 95 Post-Covid-19: South Korea: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
Table 96 South Korea: Fuel Cells Market, By Type, 2016–2019 (Usd Million)
Table 97 Post-Covid-19: South Korea: Fuel Cells Market, By Type, 2020–2025 (Usd Million)
9.3.9 Rest Of Asia Pacific
Table 98 Rest Of Asia Pacific: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 99 Post-Covid-19: Rest Of Asia Pacific: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
Table 100 Rest Of Asia Pacific: Fuel Cells Market, By End User , 2016–2019 (Megawatt)
Table 101 Post-Covid-19: Rest Of Asia Pacific: Fuel Cells Market, By End User, 2020–2025 (Megawatt)
Table 102 Rest Of Asia Pacific: Fuel Cells Market, By Type, 2016–2019 (Megawatt)
Table 103 Post-Covid-19: Rest Of Asia Pacific: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
Table 104 Rest Of Asia Pacific: Fuel Cells Market, By Type, 2016–2019 (Usd Million)
Table 105 Post-Covid-19: Rest Of Asia Pacific: Fuel Cells Market, By Type, 2020–2025 (Usd Million)
9.4 Europe
9.4.1 Stringent Emission Norms To Bolster Demand For Cleaner Alternatives Such As Fuel Cells
9.4.2 By Application
Table 106 Europe: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 107 Post-Covid-19: Europe: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
9.4.3 By End User
Table 108 Europe: Fuel Cells Market, By End User, 2016–2019 (Megawatt)
Table 109 Post-Covid-19: Europe: Fuel Cells Market, By End User, 2020–2025 (Megawatt)
9.4.4 By Type
Table 110 Europe: Fuel Cells Market, By Type, 2016–2019 (Megawatt)
Table 111 Post-Covid-19: Europe: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
9.4.5 By Country
Table 112 Europe: Fuel Cells Market, By Country, 2016–2019 (Megawatt)
Table 113 Post-Covid-19: Europe: Fuel Cells Market, By Country, 2020–2025 (Megawatt)
Table 114 Europe: Fuel Cells Market, By Country, 2016–2019 (Usd Million)
Table 115 Post-Covid-19: Europe: Fuel Cells Market, By Country, 2020–2025 (Usd Million)
9.4.6 Germany
9.4.6.1 Increasing Reliance On Fuel Cell-Powered Public Transport And Private Vehicles To Stimulate Demand For Fuel Cells In Country
Table 116 Germany: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 117 Post-Covid-19: Germany: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
Table 118 Germany: Fuel Cells Market, By End User, 2016–2019 (Megawatt)
Table 119 Post-Covid-19: Germany: Fuel Cells Market, By End User, 2020–2025 (Megawatt)
Table 120 Germany: Fuel Cells Market, By Type, 2016–2019 (Megawatt)
Table 121 Post-Covid-19: Germany: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
Table 122 Germany: Fuel Cells Market, By Type, 2016–2019(Usd Million)
Table 123 Post-Covid-19: Germany: Fuel Cells Market, By Type, 2020–2025 (Usd Million)
9.4.7 Uk
9.4.7.1 Growing Number Of Distributed Generation Applications Of Fuel Cells To Promote Adoption Of Fuel Cell Technology In Uk
Table 124 Uk: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 125 Post-Covid-19: Uk: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
Table 126 Uk: Fuel Cells Market, By End User, 2016–2019 (Megawatt)
Table 127 Post-Covid-19: Uk: Fuel Cells Market, By End User, 2020–2025 (Megawatt)
Table 128 Uk: Fuel Cells Market, By Type, 2016–2019 (Megawatt)
Table 129 Post-Covid-19: Uk: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
Table 130 Uk: Fuel Cells Market, By Type, 2016–2019 (Usd Million)
Table 131 Post-Covid-19: Uk: Fuel Cells Market, By Type, 2020–2025 (Usd Million)
9.4.8 Italy
9.4.8.1 Increasing Emphasis On Fuel Cell-Powered Transport Stimulate Italian Market Growth
Table 132 Italy: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 133 Post-Covid-19: Italy: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
Table 134 Italy: Fuel Cells Market, By End User, 2016–2019 (Megawatt)
Table 135 Post-Covid-19: Italy: Fuel Cells Market, By End User, 2020–2025 (Megawatt)
Table 136 Italy: Fuel Cells Market, By Type, 2016–2019 (Megawatt)
Table 137 Post-Covid-19: Italy: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
Table 138 Italy: Fuel Cells Market, By Type, 2016–2019(Usd Million)
Table 139 Post-Covid-19: Italy: Fuel Cells Market, By Type, 2020–2025 (Usd Million)
9.4.9 Rest Of Europe
Table 140 Rest Of Europe: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 141 Rest Of Europe: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
Table 142 Rest Of Europe: Fuel Cells Market, By End User , 2016–2019 (Megawatt)
Table 143 Post-Covid-19: Rest Of Europe: Fuel Cells Market, By End User , 2020–2025 (Megawatt)
Table 144 Rest Of Europe: Fuel Cells Market, By Type, 2016–2019 (Megawatt)
Table 145 Post-Covid-19: Rest Of Europe: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
Table 146 Rest Of Europe: Fuel Cells Market, By Type, 2016–2019 (Usd Million)
Table 147 Post-Covid-19: Rest Of Europe: Fuel Cells Market, By Type, 2020–2025 (Usd Million)
9.5 Rest Of The World
9.5.1 By Application
Table 148 Rest Of The World: Fuel Cells Market, By Application, 2016–2019 (Megawatt)
Table 149 Post-Covid-19: Rest Of The World: Fuel Cells Market, By Application, 2020–2025 (Megawatt)
9.5.2 By End User
Table 150 Rest Of The World: Fuel Cells Market, By End User, 2016–2019 (Megawatt)
Table 151 Post-Covid-19: Rest Of The World: Fuel Cells Market, By End User , 2020–2025 (Megawatt)
9.5.3 By Type
Table 152 Rest Of The World: Fuel Cells Market, By Type, 2016–2019 (Megawatt)
Table 153 Post-Covid-19: Rest Of The World: Fuel Cells Market, By Type, 2020–2025 (Megawatt)
Table 154 Rest Of The World: Fuel Cells Market, By Type, 2016–2019 (Usd Million)
Table 155 Post-Covid-19: Rest Of The World: Fuel Cells Market, By Type, 2020–2025 (Usd Million)

10 Competitive Landscape
10.1 Overview
Figure 29 Key Developments In The Fuel Cells Market, 2016–2020
10.2 Competitive Leadership Mapping (Overall Market)
10.2.1 Visionary Leaders
10.2.2 Innovators
10.2.3 Dynamic
10.2.4 Emerging
Figure 30 Competitive Leadership Mapping (Overall Market)
10.3 Market Share, 2019
Figure 31 Ballard Power Systems Dominated The Fuel Cells Market In 2019
10.4 Competitive Scenario
10.4.1 Contracts & Agreements
10.4.2 New Product Launches
10.4.3 Partnerships & Collaborations
10.4.4 Expansions & Investments

11 Company Profiles
(Business Overview, Products Offered, Recent Developments, Swot Analysis, Mnm View)*
11.1 Cummins
Figure 32 Cummins: Company Snapshot
11.2 Fuelcell Energy
Figure 33 Fuelcell Energy: Company Snapshot
11.3 Plug Power
Figure 34 Plug Power: Company Snapshot
11.4 Ballard Power Systems
Figure 35 Ballard Power Systems: Company Snapshot
11.5 Sfc Energy
Figure 36 Sfc Energy: Company Snapshot
11.6 Bloom Energy
Figure 37 Bloom Energy: Company Snapshot
11.7 Intelligent Energy
11.8 Ceres Power
Figure 38 Ceres Power: Company Snapshot
11.9 Toshiba Energy Systems & Solutions Corporation
Figure 39 Toshiba Corporation: Company Snapshot
11.10 Aisin Seiki Energy
Figure 40 Aisin Seiki Energy: Company Snapshot
11.11 Horizon Fuel Cell
11.12 Nuvera
11.13 Mitsubishi Hitachi Power System
11.14 Doosan Fuel Cell America
11.15 Afc Energy
11.16 Other Companies
11.16.1 Kyocera
11.16.2 Solid Power
11.16.3 Altergy
11.16.4 Microrganic Technologies
11.16.5 Sainergy
*Details On Business Overview, Products Offered, Recent Developments, Swot Analysis, Mnm View Might Not Be Captured In Case Of Unlisted Companies.
11.17 Annexure

12 Adjacent And Related Markets
12.1 Introduction
12.2 Limitations
12.3 Fuel Cell Interconnected Markets
12.4 Solid Oxide Fuel Cell Market
12.4.1 Market Definition
12.4.2 Market Overview
12.4.3 Solid Oxide Fuel Cell Market, By Type
12.4.3.1 Planar
Table 156 Planar Market Size, By Country, 2015–2025 (Kw)
Table 157 Planar Market Size, By Country, 2015–2025 (Usd Million)
12.5 Tubular
Table 158 Tubular Market Size, By Country, 2015–2025 (Kw)
Table 159 Tubular Market Size, By Country, 2015–2025 (Usd Thousand)
12.5.1 Solid Oxide Fuel Cell Market, By Region
Table 160 Solid Oxide Fuel Cell Market Size, By Region, 2015–2025 (Kw)
Table 161 Solid Oxide Fuel Cell Market Size, By Region, 2015–2025 (Usd Million)
Table 162 Solid Oxide Fuel Cell Market Size, By Country, 2015–2025 (Kw)
Table 163 Solid Oxide Fuel Cell Market Size, By Country, 2015–2025 (Usd Million)
12.6 Direct Methanol Fuel Cell Market
12.6.1 Market Definition
12.6.2 Limitations
12.6.3 Market Overview
12.6.4 Direct Methanol Fuel Cells Market, By Application
12.7 Portable Direct Methanol Fuel Cells Market
12.7.1 By Region
Table 164 Portable Direct Methanol Fuel Cells Market Size, By Region, 2013–2020 (Usd Million)
Table 165 Portable Direct Methanol Fuel Cells Market Size, By Region, 2013–2020 (Kw)
Table 166 Portable Direct Methanol Fuel Cells Market Size, By Region, 2013–2020 (Units Shipped)
12.7.2 By Component
Table 167 Portable Direct Methanol Fuel Cells Market Size, By Component, 2013–2020 (Usd Million)
12.8 Stationary Direct Methanol Fuel Cells Market
12.8.1 By Region
Table 168 Stationary Direct Methanol Fuel Cells Market Size, By Region, 2013–2020 (Usd Million)
Table 169 Stationary Direct Methanol Fuel Cells Market Size, By Region, 2013–2020 (Kw)
Table 170 Stationary Direct Methanol Fuel Cells Market Size, By Region, 2013–2020 (Units Shipped)
12.8.2 By Component
Table 171 Stationary Direct Methanol Fuel Cells Market Size, By Component, 2013–2020 (Usd Million)
12.9 Transportation Direct Methanol Fuel Cells Market
12.9.1 By Region
Table 172 Transportation Direct Methanol Fuel Cells Market Size, By Region, 2013–2020 (Usd Million)
Table 173 Transportation Direct Methanol Fuel Cells Market Size, By Region, 2013–2020 (Kw)
Table 174 Transportation Direct Methanol Fuel Cells Market Size, By Region, 2013–2020 (Units Shipped)
12.9.2 By Component
Table 175 Transportation Direct Methanol Fuel Cells Market Size, By Component, 2013–2020 (Usd Million)
12.9.3 Direct Methanol Fuel Cells Market, By Region
12.9.3.1 Asia Pacific
Table 176 Asia Pacific: Direct Methanol Fuel Cells Market, By Application, 2013–2020 (Usd Million)
Table 177 Asia Pacific: Direct Methanol Fuel Cells Market, By Application, 2013–2020 (Kw)
Table 178 Asia Pacific: Direct Methanol Fuel Cells Market, By Application, 2013–2020 (Units Shipped)
12.9.3.2 North America
Table 179 North America: Direct Methanol Fuel Cells Market, By Application, 2013–2020 (Usd Million)
Table 180 North America: Direct Methanol Fuel Cells Market, By Application, 2013–2020 (Kw)
Table 181 North America: Direct Methanol Fuel Cells Market, By Application, 2013–2020 (Units Shipped)
12.9.3.3 Europe
Table 182 Europe: Direct Methanol Fuel Cells Market, By Application, 2013–2020 (Usd Million)
Table 183 Europe: Direct Methanol Fuel Cells Market, By Application, 2013–2020 (Kw)
Table 184 Europe: Direct Methanol Fuel Cells Market, By Application, 2013–2020 (Units Shipped)
12.9.3.4 Rest Of The World
Table 185 Rest Of The World: Direct Methanol Fuel Cells Market, By Application, 2013–2020 (Usd Million)
Table 186 Rest Of The World: Direct Methanol Fuel Cells Market, By Application, 2013–2020 (Kw)
Table 187 Rest Of The World: Direct Methanol Fuel Cells Market, By Application, 2013–2020 (Units Shipped)

13 Appendix
13.1 Insights Of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

  • Global Hydrogen Fuel Cells Market Research Report 2024
    Published: 08-Jan-2024        Price: US 2900 Onwards        Pages: 120
    This report studies The Hydrogen Fuel Cell market, Hydrogen Fuel Cell use hydrogen as a chemical element, and are made into batteries that store energy. The basic principle is The reverse reaction of electrolysis of water, hydrogen and oxygen were supplied to The cathode and anode, hydrogen diffusion through The cathode and The electrolyte reaction, The release of electrons through The external load to reach The anode. A hydrogen fuel cell is a power plant that utilizes The inverse process......
  • Global Stationary Fuel Cells Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 114
    According to our LPI (LP Information) latest study, the global Stationary Fuel Cells market size was valued at US$ 7557 million in 2023. With growing demand in downstream market, the Stationary Fuel Cells is forecast to a readjusted size of US$ 50360 million by 2030 with a CAGR of 31.1% during review period. The research report highlights the growth potential of the global Stationary Fuel Cells market. Stationary Fuel Cells are expected to show stable growth in the future market. However......
  • Global Hydrogen and Fuel Cells Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 121
    According to our LPI (LP Information) latest study, the global Hydrogen and Fuel Cells market size was valued at US$ 3224.7 million in 2023. With growing demand in downstream market, the Hydrogen and Fuel Cells is forecast to a readjusted size of US$ 25460 million by 2030 with a CAGR of 34.3% during review period. The research report highlights the growth potential of the global Hydrogen and Fuel Cells market. Hydrogen and Fuel Cells are expected to show stable growth in the future marke......
  • Global Stationary Fuel Cell Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 117
    According to our LPI (LP Information) latest study, the global Stationary Fuel Cell market size was valued at US$ 7557 million in 2023. With growing demand in downstream market, the Stationary Fuel Cell is forecast to a readjusted size of US$ 50360 million by 2030 with a CAGR of 31.1% during review period. The research report highlights the growth potential of the global Stationary Fuel Cell market. Stationary Fuel Cell are expected to show stable growth in the future market. However, pr......
  • Global Proton Exchange Membrane Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 91
    According to our LPI (LP Information) latest study, the global Proton Exchange Membrane market size was valued at US$ 957.8 million in 2023. With growing demand in downstream market, the Proton Exchange Membrane is forecast to a readjusted size of US$ 2509.6 million by 2030 with a CAGR of 14.8% during review period. The research report highlights the growth potential of the global Proton Exchange Membrane market. Proton Exchange Membrane are expected to show stable growth in the future m......
  • Global Fuel Cells for Marine Vessels Market Research Report 2024
    Published: 04-Jan-2024        Price: US 2900 Onwards        Pages: 91
    The Fuel Cells for Marine Vessels market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Fuel Cells for Marine Vessels market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the......
  • Global Fuel Cell Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 136
    According to our LPI (LP Information) latest study, the global Fuel Cell market size was valued at US$ 3786.3 million in 2023. With growing demand in downstream market, the Fuel Cell is forecast to a readjusted size of US$ 24160 million by 2030 with a CAGR of 30.3% during review period. The research report highlights the growth potential of the global Fuel Cell market. Fuel Cell are expected to show stable growth in the future market. However, product differentiation, reducing costs, and......
  • Global Protonic Ceramic Fuel Cell (PCFC) Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 113
    According to our LPI (LP Information) latest study, the global Protonic Ceramic Fuel Cell (PCFC) market size was valued at US$ 1824.9 million in 2023. With growing demand in downstream market, the Protonic Ceramic Fuel Cell (PCFC) is forecast to a readjusted size of US$ 19080 million by 2030 with a CAGR of 39.8% during review period. The research report highlights the growth potential of the global Protonic Ceramic Fuel Cell (PCFC) market. Protonic Ceramic Fuel Cell (PCFC) are expected t......
  • Global Direct Methanol Fuel Cell (DMFC) Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 79
    According to our LPI (LP Information) latest study, the global Direct Methanol Fuel Cell (DMFC) market size was valued at US$ 125.4 million in 2023. With growing demand in downstream market, the Direct Methanol Fuel Cell (DMFC) is forecast to a readjusted size of US$ 206.2 million by 2030 with a CAGR of 7.4% during review period. The research report highlights the growth potential of the global Direct Methanol Fuel Cell (DMFC) market. Direct Methanol Fuel Cell (DMFC) are expected to show......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs