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Global Fuel Cells Market for Automotive Industry 2017-2021

About Fuel Cells

Fuel cells like batteries generate electricity from chemical synthesis. The electrochemical reaction in the fuel cell oxidizes the hydrogen, which reacts with oxygen to form water and release electrons. All fuel cells follow a standard design, wherein two electrodes (a porous anode and cathode) are separated by an electrolyte. The electrolyte carries electrically charged particles. To accelerate the electrochemical reaction, a catalyst is used. Fuel cells are categorized by the nature of the electrolyte used.

Technavio’s analysts forecast the global fuel cells market for automotive industry to grow at a CAGR of 9.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global fuel cells market for automotive industry for 2017-2021. To calculate the market size, the report considers the new installations in the market and only fuel cells for automotive industry has been considered in market sizing.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Fuel Cells Market for Automotive Industry 2017-2021, 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
  • Hydrogenics
  • Nuvera Fuel Cells
  • Oorja Fuel Cells
  • PLUG POWER
Other prominent vendors
  • Acumentrics
  • AFC Energy
  • Air Products and Chemicals
  • Automotive Fuel Cell
  • Cellkraft
  • Delphi Automotive
  • EnergyOR Technologies
  • H2 Logic A/S
  • Intelligent Energy
  • NEL
  • Proton Motor Fuel Cell
  • Symbio FCell
Market driver
  • Increased demand for efficient and cleaner fuel
  • For a full, detailed list, view our report
Market challenge
  • Lack of refueling infrastructures for FCEVs
  • For a full, detailed list, view our report
Market trend
  • Reduction in the cost of fuel cell system
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
    • Fuel cell overview
      • Table Comparison of fuel cell technologies
      • Table Description of fuel cell applications
      • Table Fuel cell applications
      • Table Fuel cell market evolution
      • Table Types of SOFCs
  • Market landscape
    • Market overview
      • Table Market overview
    • Market size and forecast
      • Table Global fuel cells market for automotive industry 2016-2021 (MW)
      • Table Summary of typical hydrogen production and storage
      • Table Comparison of conversion efficiency for FCEVs and electric vehicles (EVs)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global fuel cells market for automotive industry by application
      • Table Global fuel cells market for automotive industry by application 2016 and 2021 (%)
      • Table Global fuel cells market for automotive industry by application 2016 - 2021 (MW)
    • Light-duty vehicles
      • Table Global fuel cells market for automotive industry by light-duty vehicles 2016-2021(MW)
    • Heavy-duty vehicles
      • Table Global fuel cells market for automotive industry by heavy-duty vehicles 2016-2021(MW)
    • Other vehicles
      • Table Global fuel cells market for automotive industry by other vehicles 2016-2021 (MW)
      • Table Major companies using fuel cell-powered MHE
  • Geographical segmentation
    • Global fuel cells market for automotive industry by geography
      • Table Global fuel cells market for automotive industry by geography 2016 and 2021 (%)
      • Table Global fuel cells market for automotive industry by geography 2016-2021 (MW)
    • APAC
      • Table Fuel cells market for automotive industry in APAC 2016-2021 (MW)
    • Americas
      • Table Fuel cells market for automotive industry in Americas 2016-2021 (MW)
      • Table The US DOE's funding opportunity announcement (FOA): Areas of interest
    • EMEA
      • Table Fuel cells market for automotive industry in EMEA 2016-2021 (MW)
      • Table Major fuel cell developments in EU, 2008-2013
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Efficiency comparison of combustion engine and fuel cell vehicles
      • Table Government incentives for fuel cell vehicles
      • Table Comparison of ICE, FCEVs, and Evs
    • Market challenges
      • Table Comparative study of the number of hydrogen filling stations, natural gas stations, and EVSE outlets worldwide 2016
      • Table Global crude oil price volatility 2007-2016 ($/bbl)
  • Market trends
    • Reduction in the cost of fuel cell system
      • Table Fuel cell system costs
    • Increase in R&D investment and activities
      • Table NETL SOFC programs
      • Table Organizations involved in fuel cell components R&D in China
    • Diverse applications
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors for global fuel cells market for automotive industry (indicative list)
  • Key vendor analysis
    • Ballard Power Systems
      • Table Ballard Power Systems: Business segmentation
      • Table Ballard Power Systems: Key products
    • Hydrogenics
      • Table Hydrogenics: Key products
    • Nuvera Fuel Cells
      • Table Nuvera Fuel Cells: Product and services
      • Table Nuvera Fuel Cells: Product categories
    • Oorja Fuel Cells
      • Table Oorja Fuel Cells: Key product offerings
    • PLUG POWER
      • Table PLUG POWER: Key product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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