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Hydrogen And Fuel Cells is an electrochemical cell that converts the chemical energy from a fuel into electricity through an electrochemical reaction of hydrogen fuel with oxygen or another oxidizing agent. Fuel cells are different from batteries in requiring a continuous source of fuel and oxygen (usually from air) to sustain the chemical reaction, whereas in a battery the chemical energy comes from chemicals already present in the battery. Fuel cells can produce electricity continuously for as long as fuel and oxygen are supplied.
The Hydrogen and Fuel Cells market revenue was 1917.59 Million USD in 2022, and will reach 2156.43 Million USD in 2028, with a CAGR of 1.98% during 2022-2028.
This report elaborates the market size, market characteristics, and market growth of the Hydrogen and Fuel Cells industry, and breaks down according to the type, application, and consumption area of Hydrogen and Fuel Cells. The report also introduces players in the industry from the perspective of the industry chain and marketing chain and describes the leading companies.
In Chapter 2.3 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Hydrogen and Fuel Cells in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
Chapter 2.5 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 6-10 consider the impact of COVID-19 on the regional economy.
Key players in the global Hydrogen and Fuel Cells market covered in Chapter 11:
BMW Group
Daimler AG
Honda Motor Co. Ltd
MAN SE
Ballard Power Systems Inc.
General Motors Company
Toyota Motor Corporation
Audi AG
Volvo Group
Hyundai Motor Group
In Chapter 3, on the basis of types, the Hydrogen and Fuel Cells market from 2018 to 2028 is primarily split into:
Air-Cooled Type
Water-Cooled Type
In Chapter 4, on the basis of applications, the Hydrogen and Fuel Cells market from 2018 to 2028 covers:
Stationary
Transportation
Portable
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2028) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10:
North America (Covered in Chapter 6)
United States
Canada
Mexico
Europe (Covered in Chapter 7)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 8)
China
Japan
South Korea
Australia
India
Middle East and Africa (Covered in Chapter 9)
Saudi Arabia
UAE
Egypt
South Africa
South America (Covered in Chapter 10)
Brazil
Argentina
Columbia
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028