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Fuel Cell Market Analysis By Product (PEMFC, PAFC, SOFC, MCFC), By Application (Stationary, Transportation, Portable) And Segment Forecast, 2014 - 2025

Fuel Cell Market Analysis By Product (PEMFC, PAFC, SOFC, MCFC), By Application (Stationary, Transportation, Portable) And Segment Forecast, 2014 - 2025

The global fuel cell market is expected to reach USD 24.81 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for unconventional energy sources is one of the key factors driving the global fuel cell market. Fuel cell is one of the fastest growing alternate backup power options primarily due to the utilization of hydrogen as fuel. In addition, they are eco-friendly as their by-product is harmless in nature, unlike other conventional technologies.

On the basis of policy development, China is still lagging but shows tremendous promise in the near future as the majority of the Chinese fuel cell manufacturers have been focusing to develop proton exchange membrane fuel cells. This implies the focus of the country to incorporate fuel cells in various modes of transport.

The market is expected to witness strategic alliances to expand the end user segment in emerging markets. Public – private partnerships will be critical in attaining an economically viable technological shift. Introducing cleaner technologies to substitute existing methodologies is expected to incur high costs which are expected to challenge the innovative streak of the key market players.

Further key findings from the report suggest:

Asia Pacific is expected to emerge as the largest market in terms of unit shipment. Rising demand of Combined Heat and Power systems in Japan and other countries in this region, the market for fuel cells is slated to register a robust growth rate.

North America is likely to emerge as the largest market for fuel cells in terms of installed capacity owing to the regulatory scenario in the region and advancements in technology.

PEMFC is expected to emerge as the most dominant form of fuel cell owing to their ability to suit a wide variety of applications ranging from portable to large scale power systems.

In 2014, Japan had introduced “Promotion Project for Hydrogen Society Using Renewable Energy”, an updated policy focused on fuel cell and hydrogen roadmap. This region is expected to grow at an estimated CAGR of 37.8% from 2016 to 2025.

Transportation and Portable application segment are likely to reach a tipping point between niche and mainstream over the forecast period.

Transportation application segment is expected to grow at an estimated CAGR of 39.2% from 2016 to 2025

Some companies operating in the global market include Plug power, Ballard Power Systems, Hydrogenics Corporation, Ceramic Fuel Cells, Ltd., SFC Energy AG


Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Fuel Cell Industry Outlook
3.1. Fuel Cell market segmentation
3.2. Market size and growth prospects, 2014 - 2025
3.3. Fuel Cell market - Value chain analysis
3.4. Fuel Cell market dynamics
3.4.1. Market driver analysis
3.4.2. Market restraint analysis
3.5. Key opportunities prioritized
3.6. Industry analysis - Porter's
3.7. Fuel Cell market PESTEL analysis, 2015
Chapter 4. Fuel Cell Product Outlook
4.1. Global fuel cell market share by product, 2015 & 2025
4.2. PEMFC
4.2.1. Market estimates and forecast, 2014 - 2025
4.2.2. Market estimates and forecast by region, 2014 - 2025
4.3. PAFC
4.3.1. Market estimates and forecast, 2014 - 2025
4.3.2. Market estimates and forecast by region, 2014 - 2025
4.4. SOFC
4.4.1. Market estimates and forecast, 2014 - 2025
4.4.2. Market estimates and forecast by region, 2014 - 2025
4.5. MCFC
4.5.1. Market estimates and forecast, 2014 - 2025
4.5.2. Market estimates and forecast by region, 2014 - 2025
4.6. Others
4.6.1. Market estimates and forecast, 2014 - 2025
4.6.2. Market estimates and forecast by region, 2014 - 2025
Chapter 5. Fuel Cell Application Outlook
5.1. Global fuel cell market share by application, 2015 & 2025
5.2. Stationary
5.2.1. Market estimates and forecast, 2014 - 2025
5.2.2. Market estimates and forecast by region, 2014 - 2025
5.3. Transportation
5.3.1. Market estimates and forecast, 2014 - 2025
5.3.2. Market estimates and forecast by region, 2014 - 2025
5.4. Portable
5.4.1. Market estimates and forecast, 2014 - 2025
5.4.2. Market estimates and forecast by region, 2014 - 2025
Chapter 6. Fuel Cell Regional Outlook
6.1. Global fuel cell market share by region, 2015 & 2025
6.2. North America
6.2.1. Market estimates and forecast, 2014 - 2025
6.2.2. Market estimates and forecast by product, 2014 - 2025
6.2.3. Market estimates and forecast by application, 2014 - 2025
6.2.4. U.S.
6.2.4.1. Market estimates and forecast, 2014 - 2025
6.2.4.2. Market estimates and forecast by product, 2014 - 2025
6.2.4.3. Market estimates and forecast by application, 2014 - 2025
6.3. Europe
6.3.1. Market estimates and forecast, 2014 - 2025
6.3.2. Market estimates and forecast by product, 2014 - 2025
6.3.3. Market estimates and forecast by application, 2014 - 2025
6.3.4. Germany
6.3.4.1. Market estimates and forecast, 2014 - 2025
6.3.4.2. Market estimates and forecast by product, 2014 - 2025
6.3.4.3. Market estimates and forecast by application, 2014 - 2025
6.3.5. UK
6.3.5.1. Market estimates and forecast, 2014 - 2025
6.3.5.2. Market estimates and forecast by product, 2014 - 2025
6.3.5.3. Market estimates and forecast by application, 2014 - 2025
6.3.6. France
6.3.6.1. Market estimates and forecast, 2014 - 2025
6.3.6.2. Market estimates and forecast by product, 2014 - 2025
6.3.6.3. Market estimates and forecast by application, 2014 - 2025
6.4. Asia Pacific
6.4.1. Market estimates and forecast, 2014 - 2025
6.4.2. Market estimates and forecast by product, 2014 - 2025
6.4.3. Market estimates and forecast by application, 2014 - 2025
6.4.4. China
6.4.4.1. Market estimates and forecast, 2014 - 2025
6.4.4.2. Market estimates and forecast by product, 2014 - 2025
6.4.4.3. Market estimates and forecast by application, 2014 - 2025
6.4.5. Japan
6.4.5.1. Market estimates and forecast, 2014 - 2025
6.4.5.2. Market estimates and forecast by product, 2014 - 2025
6.4.5.3. Market estimates and forecast by application, 2014 - 2025
6.4.6. South Korea
6.4.6.1. Market estimates and forecast, 2014 - 2025
6.4.6.2. Market estimates and forecast by product, 2014 - 2025
6.4.6.3. Market estimates and forecast by application, 2014 - 2025
6.5. Middle East & Africa
6.5.1. Market estimates and forecast, 2014 - 2025
6.5.2. Market estimates and forecast by product, 2014 - 2025
6.5.3. Market estimates and forecast by application, 2014 - 2025
6.6. Central & South America
6.6.1. Market estimates and forecast, 2014 - 2025
6.6.2. Market estimates and forecast by product, 2014 - 2025
6.6.3. Market estimates and forecast by application, 2014 - 2025
6.6.4. Brazil
6.6.4.1. Market estimates and forecast, 2014 - 2025
6.6.4.2. Market estimates and forecast by product, 2014 - 2025
6.6.4.3. Market estimates and forecast by application, 2014 - 2025
Chapter 7. Competitive Landscape
7.1. Competitive heat map analysis
7.2. Vendor landscape
7.3. Competitive environment
Chapter 8. Competitive Landscape
8.1. FuelCell Energy,Inc.
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. Ballard Power Systems
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Hydrogenics Corporation
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. SFC Group
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Plug Power
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Ceramic Fuel Cells, Ltd
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Ceres Power
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. UTC Power Corporation
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. Bloom Energy
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. Nedstack Fuel Cell Technology BV.
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives
List of Table
Table 1. Fuel Cell - Key market driver analysis
Table 2. Fuel Cell - Key market restraint analysis
Table 3. Global fuel cell demand by product,2014 - 2025 (Units)
Table 4. Global fuel cell demand by product,2014 - 2025 (Mega Watt)
Table 5. Global fuel cell demand by product, 2014 - 2025 (USD Million)
Table 6. PEMFC demand in fuel cell, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 7. PEMFC demand in fuel cell, by region 2014 - 2025 (Units)
Table 8. PEMFC demand in fuel cell, by region 2014 - 2025 (Mega Watt)
Table 9. PEMFC demand in fuel cell, by region 2014 - 2025 (USD Million)
Table 10. PAFC demand in fuel cell, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 11. PAFC demand in fuel cell, by region 2014 - 2025 (Units)
Table 12. PAFC demand in fuel cell, by region 2014 - 2025 (Mega Watt)
Table 13. PAFC demand in fuel cell, by region 2014 - 2025 (USD Million)
Table 14. SOFC demand in fuel cell, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 15. SOFC demand in fuel cell, by region 2014 - 2025 (Units)
Table 16. SOFC demand in fuel cell, by region 2014 - 2025 (Mega Watt)
Table 17. SOFC demand in fuel cell, by region 2014 - 2025 (USD Million)
Table 18. MCFC demand in fuel cell, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 19. MCFC demand in fuel cell, by region 2014 - 2025 (Units)
Table 20. MCFC demand in fuel cell, by region 2014 - 2025 (Mega Watt)
Table 21. MCFC demand in fuel cell, by region 2014 - 2025 (USD Million)
Table 22. Others demand in fuel cell, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 23. Others demand in fuel cell, by region 2014 - 2025 (Units)
Table 24. Others demand in fuel cell, by region 2014 - 2025 (Mega Watt)
Table 25. Others demand in fuel cell, by region 2014 - 2025 (USD Million)
Table 26. Global fuel cell demand by application,2014 - 2025 (Units)
Table 27. Global fuel cell demand by application,2014 - 2025 (Mega Watt)
Table 28. Global fuel cell demand by application, 2014 - 2025 (USD Million)
Table 29. Fuel cell demand in stationary, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 30. Fuel cell demand in stationary, by region 2014 - 2025 (Units)
Table 31. Fuel cell demand in stationary, by region 2014 - 2025 (Mega Watt)
Table 32. Fuel cell demand in stationary, by region 2014 - 2025 (USD Million)
Table 33. Fuel cell demand in transportation, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 34. Fuel cell demand in transportation, by region 2014 - 2025 (Units)
Table 35. Fuel cell demand in transportation, by region 2014 - 2025 (Mega Watt)
Table 36. Fuel cell demand in transportation, by region 2014 - 2025 (USD Million)
Table 37. Fuel cell demand in portable, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 38. Fuel cell demand in portable, by region 2014 - 2025 (Units)
Table 39. Fuel cell demand in portable, by region 2014 - 2025 (Mega Watt)
Table 40. Fuel cell demand in portable, by region 2014 - 2025 (USD Million)
Table 41. Global fuel cell demand by region 2014 - 2025 (Units)
Table 42. Global fuel cell demand by region 2014 - 2025 (Mega Watt)
Table 43. Global fuel cell demand by region 2014 - 2025 (USD Million)
Table 44. North America fuel cell market, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 45. North America fuel cell market, by product 2014 - 2025 (Units)
Table 46. North America fuel cell market, by product 2014 - 2025 (Mega Watt)
Table 47. North America fuel cell market, by product 2014 - 2025 (USD Million)
Table 48. North America fuel cell market, by application 2014 - 2025 (Units)
Table 49. North America fuel cell market, by application 2014 - 2025 (Mega Watt)
Table 50. North America fuel cell market, by application 2014 - 2025 (USD Million)
Table 51. U.S. fuel cell market, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 52. U.S. fuel cell market, by product 2014 - 2025 (Units)
Table 53. U.S. fuel cell market, by product 2014 - 2025 (Mega Watt)
Table 54. U.S. fuel cell market, by product 2014 - 2025 (USD Million)
Table 55. U.S. fuel cell market, by application 2014 - 2025 (Units)
Table 56. U.S. fuel cell market, by application 2014 - 2025 (Mega Watt)
Table 57. U.S. fuel cell market, by application 2014 - 2025 (USD Million)
Table 58. Europe fuel cell market, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 59. Europe fuel cell market, by product 2014 - 2025 (Units)
Table 60. Europe fuel cell market, by product 2014 - 2025 (Mega Watt)
Table 61. Europe fuel cell market, by product 2014 - 2025 (USD Million)
Table 62. Europe fuel cell market, by application 2014 - 2025 (Units)
Table 63. Europe fuel cell market, by application 2014 - 2025 (Mega Watt)
Table 64. Europe fuel cell market, by application 2014 - 2025 (USD Million)
Table 65. Germany fuel cell market, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 66. Germany fuel cell market, by product 2014 - 2025 (Units)
Table 67. Germany fuel cell market, by product 2014 - 2025 (Mega Watt)
Table 68. Germany fuel cell market, by product 2014 - 2025 (USD Million)
Table 69. Germany fuel cell market, by application 2014 - 2025 (Units)
Table 70. Germany fuel cell market, by application 2014 - 2025 (Mega Watt)
Table 71. Germany fuel cell market, by application 2014 - 2025 (USD Million)
Table 72. UK fuel cell market, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 73. UK fuel cell market, by product 2014 - 2025 (Units)
Table 74. UK fuel cell market, by product 2014 - 2025 (Mega Watt)
Table 75. UK fuel cell market, by product 2014 - 2025 (USD Million)
Table 76. UK fuel cell market, by application 2014 - 2025 (Units)
Table 77. UK fuel cell market, by application 2014 - 2025 (Mega Watt)
Table 78. UK fuel cell market, by application 2014 - 2025 (USD Million)
Table 79. France fuel cell market, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 80. France fuel cell market, by product 2014 - 2025 (Units)
Table 81. France fuel cell market, by product 2014 - 2025 (Mega Watt)
Table 82. France fuel cell market, by product 2014 - 2025 (USD Million)
Table 83. France fuel cell market, by application 2014 - 2025 (Units)
Table 84. France fuel cell market, by application 2014 - 2025 (Mega Watt)
Table 85. France fuel cell market, by application 2014 - 2025 (USD Million)
Table 86. Asia Pacific fuel cell market, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 87. Asia Pacific fuel cell market, by product 2014 - 2025 (Units)
Table 88. Asia Pacific fuel cell market, by product 2014 - 2025 (Mega Watt)
Table 89. Asia Pacific fuel cell market, by product 2014 - 2025 (USD Million)
Table 90. Asia Pacific fuel cell market, by application 2014 - 2025 (Units)
Table 91. Asia Pacific fuel cell market, by application 2014 - 2025 (Mega Watt)
Table 92. Asia Pacific fuel cell market, by application 2014 - 2025 (USD Million)
Table 93. China fuel cell market, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 94. China fuel cell market, by product 2014 - 2025 (Units)
Table 95. China fuel cell market, by product 2014 - 2025 (Mega Watt)
Table 96. China fuel cell market, by product 2014 - 2025 (USD Million)
Table 97. China fuel cell market, by application 2014 - 2025 (Units)
Table 98. China fuel cell market, by application 2014 - 2025 (Mega Watt)
Table 99. China fuel cell market, by application 2014 - 2025 (USD Million)
Table 100. Japan fuel cell market, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 101. Japan fuel cell market, by product 2014 - 2025 (Units)
Table 102. Japan fuel cell market, by product 2014 - 2025 (Mega Watt)
Table 103. Japan fuel cell market, by product 2014 - 2025 (USD Million)
Table 104. Japan fuel cell market, by application 2014 - 2025 (Units)
Table 105. Japan fuel cell market, by application 2014 - 2025 (Mega Watt)
Table 106. Japan fuel cell market, by application 2014 - 2025 (USD Million)
Table 107. South Korea fuel cell market, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 108. South Korea fuel cell market, by product 2014 - 2025 (Units)
Table 109. South Korea fuel cell market, by product 2014 - 2025 (Mega Watt)
Table 110. South Korea fuel cell market, by product 2014 - 2025 (USD Million)
Table 111. South Korea fuel cell market, by application 2014 - 2025 (Units)
Table 112. South Korea fuel cell market, by application 2014 - 2025 (Mega Watt)
Table 113. South Korea fuel cell market, by application 2014 - 2025 (USD Million)
Table 114. MEA fuel cell market, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 115. MEA fuel cell market, by product 2014 - 2025 (Units)
Table 116. MEA fuel cell market, by product 2014 - 2025 (Mega Watt)
Table 117. MEA fuel cell market, by product 2014 - 2025 (USD Million)
Table 118. MEA fuel cell market, by application 2014 - 2025 (Units)
Table 119. MEA fuel cell market, by application 2014 - 2025 (Mega Watt)
Table 120. MEA fuel cell market, by application 2014 - 2025 (USD Million)
Table 121. CSA fuel cell market, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 122. CSA fuel cell market, by product 2014 - 2025 (Units)
Table 123. CSA fuel cell market, by product 2014 - 2025 (Mega Watt)
Table 124. CSA fuel cell market, by product 2014 - 2025 (USD Million)
Table 125. CSA fuel cell market, by application 2014 - 2025 (Units)
Table 126. CSA fuel cell market, by application 2014 - 2025 (Mega Watt)
Table 127. CSA fuel cell market, by application 2014 - 2025 (USD Million)
Table 128. Brazil fuel cell market, 2014 - 2025 (Units) (Mega Watt) (USD Million)
Table 129. Brazil fuel cell market, by product 2014 - 2025 (Units)
Table 130. Brazil fuel cell market, by product 2014 - 2025 (Mega Watt)
Table 131. Brazil fuel cell market, by product 2014 - 2025 (USD Million)
Table 132. Brazil fuel cell market, by application 2014 - 2025 (Units)
Table 133. Brazil fuel cell market, by application 2014 - 2025 (Mega Watt)
Table 134. Brazil fuel cell market, by application 2014 - 2025 (USD Million)
List of Figures
Fig. 1. Fuel cell market volume share, 2015 (Units)
Fig. 2. Fuel cell market - Industry Snapshot
Fig. 3. Fuel cell market segmentation
Fig. 4. Global fuel cell market (Units;Mega Watt; USD Million), 2014 - 2025
Fig. 5. Global fuel cell value chain analysis
Fig. 6. Fuel cell market dynamics
Fig. 7. Key opportunities prioritized
Fig. 8. Fuel cell - Porter’s analysis
Fig. 9. Company Market Share,2015
Fig. 10. Fuel cell PESTEL analysis
Fig. 11. Fuel cell market share by application, 2015 & 2025
Fig. 12. Fuel cell market penetration and growth prospects by region
Fig. 13. Fuel cell market share by region, 2015 & 2025

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