Rising integration of fuel cell technology in automobiles, telecom towers and material handling equipment is creating significant growth prospects for fuel cell market globally. Asia-Pacific is emerging as one of the leading markets for fuel cells due to their growing adoption in countries like Japan and South Korea. Although the market penetration is currently very low in various major developing economies such as China, India and Indonesia, these countries offer huge growth potential in the long run. As far as developed economies are concerned, fuel cells are yet to witness market maturation in markets like Europe and the US due to their continuous demand across diverse end-use industries. Fuel cells also have an edge over other power generating sources as these uses hydrogen or natural gas in the form of fuel and are free from carbon emissions. Considering the environment related benefits, government agencies are also encouraging the adoption of fuel cells in industries through various incentives and subsidies. 

According to “Global Fuel Cell Market Forecast & Opportunities, 2020”, global market for fuel cells is forecast to peg over USD3 billion through 2020. Majority adoption of fuel cell technology is taking place in stationary and transport applications. Being a clean energy source, the adoption of fuel cell technology has been growing at a tremendous pace in both developed as well as developing economies. Major brands like Apple, AT&T, Walmart, eBay, Coca-Cola, and Adobe are already using fuel cell technology in their in-house power generation facility. South Korea, in particular, has emerged as a major development center for fuel cell technology. Power-backup, combined heat and power units and automobiles are the key application areas where fuel cells are currently being used. “Global Fuel Cell Market Forecast & Opportunities, 2020” discusses the following aspects of the fuel cell market worldwide:
  • Global Fuel Cell Market Size, Share & Forecast
  • Regional Analysis (North America, Europe, APAC, etc)
  • Segmental Analysis By Fuel Type & Applications
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report?
  • To gain an in-depth understanding of Global Fuel Cell market
  • To identify the on-going trends, and anticipated growth over the next five years
  • To help industry consultants, fuel cell manufacturers and distributors align their market-centric strategies
  • To obtain research-based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report Methodology 

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with fuel cell manufacturers, end users and industry experts from different countries. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and other proprietary databases.

1.     Research Methodology

2.     Analyst View

3.     Fuel Cell Technology: An Overview

4.     Global Fuel Cell Market Outlook

4.1.   Market Size & Forecast

4.1.1. By Value

4.1.2. By Power Generation

4.2.   Market Share & Forecast

4.2.1. By Geography

4.2.2. By Application

4.2.2.1.          Transport Fuel Cell Market Size & Forecast

4.2.2.2.          Stationary Fuel Cell Market Size & Forecast

4.2.2.3.          Portable Fuel Cell Market Size & Forecast

4.2.3. By Fuel Type

4.2.3.1.          Proton Exchange Membrane Fuel Cell Market Size & Forecast

4.2.3.2.          Solid Oxide Fuel Cell Market Size & Forecast

4.2.3.3.          Molten Carbonate Fuel Cell Market Size & Forecast

5.     North America Fuel Cell Market Outlook

5.1.   Market Size & Forecast

5.1.1. By Value

5.2.   Market Share & Forecast

5.2.1. By Application (Transport, Stationary and Portable Fuel Cells)

5.2.2. By Fuel Type

5.2.3. By Country (United States, Canada, Mexico)

6.     Europe Fuel Cell Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value 

6.2.   Market Share & Forecast         

6.2.1. By Application (Transport, Stationary and Portable Fuel Cells)       

6.2.2. By Fuel Type       

6.2.3. By Country (United Kingdom, Germany & Rest of Europe) 

7.     Asia-Pacific Fuel Cell Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value

7.2.   Market Share & Forecast         

7.2.1. By Application (Transport, Stationary and Portable Fuel Cells)       

7.2.2. By Fuel Type       

7.2.3. By Country (South Korea, China, Japan, Rest of Asia-Pacific)        

8.     Rest Of World Fuel Cell Market Outlook (includes Africa, Middle East & South America )  

8.1.   Market Size & Forecast

8.1.1. By Value 

8.2.   Market Share & Forecast         

8.2.1. By Application     

8.2.2. By Fuel Type       

8.2.3. By Region (South America & Middle East and Africa)        

9.     Global Fuel Cell Market Dynamics 

9.1.   Drivers           

9.2.   Challenges      

10.  Recent Industry Trends & Developments   

10.1.Asia Pacific Region Dominating Global Fuel Cell Market

10.2.Stationary Fuel Cells: The Market Leader

10.3.Increasing Number of Fuel Cell Patents

10.4.Methanol Fuel Systems for Telecom Sector

10.5.Hydrogen Infrastructure and Energy Storage

10.6.Toyota Sharing Fuel Cell Vehicle Patent for Free

10.7.Increasing Number of Fuel Cell & Fuel Cell Vehicles

10.8.Europe Focusing on Reducing Green House Gas Emissions

11.  Competitive Landscape

11.1.Manufacturers Profile

11.2.Product Matrix

11.3.Financial Analysis

11.4.Company Profiles

11.4.1.   Ballard Power System, Inc.

11.4.2.   Ceramic Fuel Cells Limited

11.4.3.   FuelCell Energy, Inc.

11.4.4.   Hydrogenics Corporation

11.4.5.   AFC Energy PLC

11.4.6.   Bloom Energy

11.4.7.   Ceres Power Holdings PLC

11.4.8.   Doosan Corporation

11.4.9.   Plug Power, Inc.

11.4.10.   POSCO Energy Co., Ltd.

11.4.11.   Horizon Fuel Cell Technologies Pte. Ltd.

11.4.12.   Quantum Fuel Systems Technologies Worldwide, Inc.

11.4.13.   Panasonic Corporation

11.4.14.   Toshiba Fuel Cell Power Systems Corp.

12.  Strategic Recommendation

 


  • List of Figures

     

    Figure 1: Global Fuel Cell Market Size, By Value, 2010 –2020F (USD Billion)

    Figure 2: Global Fuel Cell Market Size, By Power Generation, 2010–2020F (Megawatts)

    Figure 3: Global Fuel Cell Market Share, By Geography, By Value, 2014E & 2020F

    Figure 4: Global Fuel Cell Market Share, By Geography, By Power Generation Capacity, 2014E & 2020F

    Figure 5: Global Fuel Cell Market Share, By Application, By Power Generation, 2014E & 2020F

    Figure 6: Global Transport Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 7: Global Stationary Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 8: Global Portable Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 9: Global Fuel Cell Market Share, By Fuel Type, By Power Generation, 2014 & 2020F

    Figure 10: Global PEM Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 11: Global Solid Oxide Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 12: Global Molten Carbonate Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 13: North America Fuel Cell Market Size, By Value, 2010-2020F (USD Million)

    Figure 14: North America Fuel Cell Market Share, By Application, By Power Generation (MW), 2014E & 2020F

    Figure 15: North America Stationary Fuel Cell Market Size, By Power Generation, 2010- 2020F (MW)

    Figure 16: North America Portable Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 17: North America Transportation Fuel Cell, By Power Generation (MW), 2010-2020F

    Figure 18: North America Fuel Cell Market Share, By Fuel Type, By Power Generation, 2014 & 2020F

    Figure 19: North America PEM Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 20: North America Solid Oxide Fuel Cell Market Size, By Power Generation (MW), 2010-2020F

    Figure 21: North America Molten Carbonate Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 22: North America Fuel Cell Market Share, By Country, By Value, 2014 & 2020F

    Figure 23: United States Fuel Cell Market Size, By Value, 2010 – 2020F (USD Million)

    Figure 24: Europe Fuel Cell Market Size, By Value, 2010–2020F (USD Million)

    Figure 25: Europe Fuel Cell Market Share, By Application, By Power Generation, 2014E & 2020F

    Figure 26: Europe Transport Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 27: Europe Stationary Fuel Cell Market Size, By Power Generation, 2010- 2020F (MW)

    Figure 28: Europe Portable Fuel Cell Market Size, By Power Generation, 2010- 2020F (MW)

    Figure 29: Europe Fuel Cell Market Share, By Fuel Type, By Power Generation, 2014 & 2020F

    Figure 30: Europe PEM Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 31: Europe Solid Oxide Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 32: Europe Molten Carbonate Fuel Cell Market Size, By Power Generation, 2010- 2020F (MW)

    Figure 33: Europe Fuel Cell Market Share, By Country, By Value, 2014 & 2020F

    Figure 34: Germany Fuel Cell Market Size, By Value, 2010–2020F (USD Million)

    Figure 35: Asia Pacific Fuel Cell Market Size, By Value, 2010–2020F (USD Billion)

    Figure 36: Asia Pacific Fuel Cell Market Share, By Application, By Power Generation, 2014 & 2020F

    Figure 37: Asia Pacific Stationary Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 38: Asia Pacific Portable Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 39: Asia Pacific Transport Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 40: Asia Pacific Fuel Cell Market Share, By Fuel Type, By Power Generation, 2014 & 2020F

    Figure 41: Asia Pacific PEM Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 42: Asia Pacific Solid Oxide Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 43: Asia Pacific Molten Carbonate Fuel Cell Market Size, By Power Generation, 2010-2020F (MW)

    Figure 44: Asia Pacific Fuel Cell Market Share, By Country, By Value, 2014 & 2020F

    Figure 45: South Korea Fuel Cell Market Size, By Value, 2010 – 2020F (USD Million)

    Figure 46: ROW Fuel Cell Market Size, By Value, 2010 – 2020F (USD Million)

    Figure 47: ROW Fuel Cell Market Share, By Application, By Power Generation, 2014 & 2020F

    Figure 48: ROW Fuel Cell Market Share, By Fuel Type, By Power Generation, 2014 & 2020F

    Figure 49: ROW Fuel Cell Market Share, By Region, By Value, 2014 & 2020F

    Figure 50: MEA Fuel Cell Market Size, By Value, 2010–2020F (USD Million)

    Figure 51: Research & Development Investments in Fuel Cell Hydrogen Technology till 2010 (USD Million)

    Figure 52: Global Fuel Cell Patent Penetration, By Geography, 2002-2013

    Figure 53: Top 10 US-Based Fuel Cell Patent Assignees, 2002-2013

    Figure 54: R&D Expenses on Fuel Cell Technology by American Companies, 2011-13 (USD Thousand)

    Figure 55: Ballard Power Systems, Inc. Financials, 2011-13 (USD Million)

    Figure 56: Ceramic Fuel Cells Limited Financials, 2012 & 2013 (USD Million)

    Figure 57: Fuel Cell Energy, Inc. Financials, 2011 – 2013 (USD Million)

    Figure 58: Hydrogenics Corporation Financials, 2011-2013 (USD Million)

    Figure 59: AFC Energy PLC Financials, 2011-2013 (USD Million)

    Figure 60: Ceres Power Holdings PLC Financials, 2013 & 2014 (USD Million)

    Figure 61: Doosan Corporation Financials, 2013 & 2014 (USD Hundred Million)

    Figure 62: Plug Power, Inc. Financials, 2011-2013 (USD Million)

    Figure 63: POSCO Energy Co., Ltd. Financials, 2012 & 2013 (USD Billion)

    Figure 64: Quantum Fuel Systems Technologies Worldwide, Inc. Financials, 2012 & 2013 (USD Million)

    Figure 65: Panasonic Corporation Financials, 2012 & 2013 (USD Billion)

     

    List of Tables

     

    Table 1: Commercially Available Fuel Cells for Transport Applications

    Table 2: Comparison between Diesel Oil and Fuel Cell to Power Source Telecom Tower, 2014

    Table 3: Commercially Available Fuel Cell for Stationary Applications, 2013

    Table 4: Global Fuel Cell Comparison, By Type, By Operating Temperature

    Table 5: Top Fuel Cell Customers & their Installed Power Capacity (MW)

    Table 6: Select Countries with Liquid Hydrogen Stations, By Capacity, By Supplier, 2013

    Table 7: Top Fuel Cell Based Power and Forklift Customers, 2013

    Table 8: Germany Energy Targets, 2012-2050F (Percentage)

    Table 9: List of Public Fuel Cell Manufacturers and their Details like Production Capacity, Headquarters, etc., 2014

    Table 10: List of Commercially Available Fuel Cell with Details like Product Name, Power Output, Application, etc.

    Table 11: Top Ten Fuel Cell Investors and their Cumulative Investment, 2000-2013 (USD Million)

    Table 12: Cumulative Investment on Fuel Cell Technology, By Country, 2000-2013 (USD Million)

    Table 13: Ballard Power Systems, Inc. Project Details, 2013

    Table 14: Ceramic Fuel Cells Limited Project Details, 2013

    Table 15: Comparison of Different Fuel Cells Offered by FuelCell Energy Inc., 2013

    Table 16: FuelCell Energy, Inc. Project Details, 2013

    Table 17: Hydrogenics Corporation Economic Activity Comparison, 2013 & 2014

    Table 18: Bloom Energy Project Details, 2013

    Table 19: Ceres Power Holding PLC Project Details, 2013