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Global Fuel Cell Market in the Automotive Industry 2015-2019

Global Fuel Cell Market in the Automotive Industry 2015-2019

About Fuel Cell Market in the Automotive Industry

A fuel cell converts chemical energy into electrical energy through an electromechanical reaction. A typical fuel cell consists of two electrodes, the anode and the cathode, which react to generate electricity. While liquid electrolytes carry electrically charged elements from one electrode to another, a catalyst is required to speed up the chemical reaction inside the fuel cell. Methanol, biogas, hydrogen, natural gas, and hydrocarbons are various fuels used in fuel cells. Fuel cells generate less pollution as hydrogen combines with oxygen to form water, a harmless by-product.

Technavio’s analysts forecast the global fuel cell market in the automotive industry to grow at a CAGR of 45.27% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global fuel cell market in the automotive industry for 2015-2019. The market size has been calculated based on the revenue generated from the global units and MW shipments of fuel cells in the automotive industry.

The market is divided into the following segments based on type of vehicle:

  • Light-duty vehicles
  • Fuel cell buses
  • Material handling
Technavio's report, Global Fuel Cell Market in the Automotive Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ballard Power Systems
  • ACAL
  • Nuvera Fuel Cells
  • Plug Power
  • Hydrogenics
Other prominent vendors
  • Delphi Automotive Systems
  • EnergyOR Technologies
  • H2 Logic
  • Symbio FCell
  • Proton Motors
  • Oorja Protonics
  • Nuvera Fuel Cell
  • Intelligent Energy
  • Infintium Fuel Cell Systems
Market driver
  • Development of hydrogen infrastructure
  • For a full, detailed list, view our report
Market challenge
  • Functional issues
  • For a full, detailed list, view our report
Market trend
  • Increase in R&D Investment
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Fuel Cell Market in the Automotive Industry 2015-2019

Technavio recognizes the following companies as the key players in the Global Fuel Cell Market in the Automotive Industry: Ballard Power Systems, ACAL, Nuvera Fuel Cells, Plug Power and Hydrogenics

Other Prominent Vendors in the market are: Delphi Automotive Systems, EnergyOR Technologies, H2 Logic, Symbio FCell, Proton Motors, Oorja Protonics, Nuvera Fuel Cell, Intelligent Energy and Infintium Fuel Cell Systems

Commenting on the report, an analyst from Technavio’s team said: “Companies are making huge investments in R&D in the fuel cell industry. Many universities and government organizations are engaged in research and demonstration projects of new technologies in the industry. For instance, the National Energy Foundation is working with New Energy and Industrial Technology Development Organization (NEDO) in the UK on various fuel cell research projects.”

According to the report, development of the hydrogen infrastructure is the key driver for the growth of this market. Since hydrogen is the primary fuel used in fuel cell electric vehicles (FCEVs), around 80 million tons of hydrogen is produced every year to meet the growing need for hydrogen fuel cells in FCEVs

Further, the report states that vendors need to address some functional issues associated with fuel cell systems, which include improving thermal, air, and water management.

Companies Mentioned

Ballard Power Systems, ACAL, Nuvera Fuel Cells, Plug Power, Hydrogenics, Delphi Automotive Systems, EnergyOR Technologies, H2 Logic, Symbio FCell, Proton Motors, Oorja Protonics, Nuvera Fuel Cell, Intelligent Energy, Infintium Fuel Cell Systems

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global fuel cell market in automotive industry
    • Technology evolution
    • Technological overview
      • Table Schematic diagram of PEMFC
      • Table Types of SOFCs
      • Table Schematic diagram of SOFC
      • Table Schematic diagram of DMFC
      • Table Schematic diagram of MCFC
      • Table Schematic diagram of PAFC
      • Table Schematic diagram of AFC
      • Table Summary of fuel cell electrolyte types
      • Table Comparison of fuel cell technologies
      • Table Description of fuel cell applications
    • Global fuel cell market in automotive industry (unit shipments)
      • Table Global fuel cell market in automotive industry 2014-2019 (unit shipments)
    • Fuel cell transportation system costs (assuming high-volume production)
      • Table Fuel cell transportation system cost trend 2014-2019 ($/kW)
    • Global fuel cell market in automotive industry (MW shipments)
      • Table Global fuel cell market in automotive industry 2014-2019 (MW shipments)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type of vehicle
    • Market by type of vehicle 2014 (by unit and MW shipments)
      • Table Global fuel cell market in automotive industry by type of vehicle 2014 (unit shipment)
      • Table Global fuel cell market in automotive industry by type of vehicle 2014 (MW shipments)
    • Market by type of vehicle 2019 (unit and MW shipments)
      • Table Global fuel cell market in automotive industry by type of vehicle 2019 (unit shipments)
      • Table Global fuel cell market in automotive industry by type of vehicle 2019 (MW shipments)
    • Global fuel cell market in automotive industry by type of vehicle 2014-2019 (unit shipments)
    • Global fuel cell market in automotive industry by type of vehicle 2014-2019 (MW shipments)
    • Global fuel cell market in automotive industry by light duty vehicles (unit shipments)
      • Table Global fuel cell market in automotive industry by light duty vehicles 2014-2019 (unit shipments)
    • Global fuel cell market in automotive industry by light duty vehicles (MW shipments)
      • Table Global fuel cell market in automotive industry by light duty vehicles 2014-2019 (MW shipments)
    • Global fuel cell market in automotive industry by fuel cell buses (unit shipments)
      • Table Global fuel cell market in automotive industry by fuel cell buses 2014-2019 (unit shipments)
    • Global fuel cell market in automotive industry by fuel cell buses (MW shipments)
      • Table Global fuel cell market in automotive industry by fuel cell buses 2014-2019 (MW shipments)
    • Global fuel cell market in automotive industry by material handling (unit shipments)
      • Table Global fuel cell market in automotive industry by material handling 2014-2019 (unit shipments)
    • Global fuel cell market in automotive industry by material handling (MW shipments)
      • Table Global fuel cell market by in automotive industry by material handling 2014-2019 (MW shipments)
    • Global fuel cell market in automotive industry by other automotive applications (unit shipments)
      • Table Global fuel cell market in automotive industry by other automotive applications 2014-2019 (unit shipments)
    • Global fuel cell market in automotive industry by other automotive applications (MW shipments)
      • Table Global fuel cell market in automotive industry by other automotive applications 2014-2019 (MW shipments)
  • Geographical segmentation
    • Global fuel cell market in automotive industry by region 2014 (unit and MW shipments)
      • Table Global fuel cell market in automotive industry by region 2014 (unit shipments)
      • Table Global fuel cell market in automotive industry by region 2014 (MW shipments)
    • Global fuel cell market in automotive industry by region 2019 (unit and MW shipments)
      • Table Global fuel cell market in automotive industry by region 2019 (unit shipments)
      • Table Global fuel cell market in automotive industry by region 2019 (MW shipments)
    • Global fuel cell market in automotive industry by region 2014- 2019 (unit shipments)
    • Global fuel cell market by region 2014-2019 (MW shipments)
    • Fuel cell market in automotive industry in APAC (unit shipment)
      • Table Fuel cell market in automotive industry in APAC 2014-2019 (unit shipments)
    • Fuel cell market in automotive industry APAC (MW shipments)
      • Table Fuel cell market in automotive industry in APAC 2014-2019 (MW shipments)
    • Fuel cell market in automotive industry in Americas (unit shipment)
      • Table Fuel cell market in automotive industry in APAC 2014-2019 (unit shipments)
    • Fuel cell market in automotive industry in the Americas (MW shipments)
      • Table Fuel cell market in automotive industry in Americas 2014-2019 (MW shipments)
    • Fuel cell market in automotive industry in EMEA (unit shipment)
      • Table Fuel cell market in automotive industry in EMEA 2014-2019 (unit shipments)
    • Fuel cell market in automotive industry in EMEA (MW shipments)
      • Table Fuel cell market in automotive industry in EMEA 2014-2019 (MW shipments)
  • Key leading countries
    • US
    • Germany
    • Japan
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • ACAL
    • Ballard Power Systems
      • Table Ballard Power Systems: Business segmentation
      • Table Ballard Power Systems: Geographical segmentation by revenue 2014
    • Hydrogenics
      • Table Hydrogenics: Business segmentation 2014 by revenue
      • Table Hydrogenics: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Hydrogenics: Geographical segmentation by revenue 2014
    • Nuvera Fuel Cells
      • Table Nuvera Fuel Cells: Product and services
    • Plug Power
      • Table Plug Power: Segmentation by revenue 2014
      • Table Plug Power: Segmentation by revenue 2013 and 2014 ($ millions)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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