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The alkaline fuel cell (AFC), also known as the Bacon fuel cell after its British inventor, Francis Thomas Bacon, is one of the most developed fuel cell technologies. NASA has used alkaline fuel cells since the mid-1960s, in Apollo-series missions and on the Space Shuttle. Alkaline fuel cells consume hydrogen and pure oxygen producing potable water, heat, and electricity. They are among the most efficient fuel cells, having the potential to reach 70%.
According to our (Global Info Research) latest study, the global Alkaline Fuel Cells market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The AFC market has immense potential to grow in certain markets owing to improved efficiencies in niche applications. Increasing research and development activities coupled with expanding niche applications and preference of AFCs offer great opportunities for the market growth in the next few years.
This report is a detailed and comprehensive analysis for global Alkaline Fuel Cells market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Alkaline Fuel Cells market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Alkaline Fuel Cells market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Alkaline Fuel Cells market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Alkaline Fuel Cells market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Alkaline Fuel Cells
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Alkaline Fuel Cells market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dupont Fuel Cell, GS Yuasa, Fuel Cell Energy, Bloom Energy and Toshiba, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Alkaline Fuel Cells market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Circulating Electrolyte Alkaline Fuel Cell
- Fixed Electrolyte Alkaline Fuel Cell
- Dissolved Fuel Alkaline Fuel Cell
Market segment by Application
- Fuel Cell Taxi & Boat
- Generator and Golf Car
- Other
Major players covered
- Dupont Fuel Cell
- GS Yuasa
- Fuel Cell Energy
- Bloom Energy
- Toshiba
- Samsung SDI
- AFC Energy
- Ballard Power Systems
- Hitachi
- Delphi
- Panasonic Corp
- Doosan
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Alkaline Fuel Cells product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Alkaline Fuel Cells, with price, sales, revenue and global market share of Alkaline Fuel Cells from 2018 to 2023.
Chapter 3, the Alkaline Fuel Cells competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Alkaline Fuel Cells breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Alkaline Fuel Cells market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Alkaline Fuel Cells.
Chapter 14 and 15, to describe Alkaline Fuel Cells sales channel, distributors, customers, research findings and conclusion.