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Global Residential Fuel Cell Market 2018-2022

Global Residential Fuel Cell Market 2018-2022

About Residential Fuel Cell

Fuel cells, like battery units, generate electricity from electromechanical reactions. They can be used to power small devices and are used in large power plants that produce megawatts (MW) of electrical energy.

Technavio’s analysts forecast the global residential fuel cell market to grow at a CAGR of 15.34% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global residential fuel cell market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Residential Fuel Cell Market 2018-2022, 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
  • AISIN SEIKI
  • Elcore
  • Panasonic
  • SOLIDpower
  • TOSHIBA
  • Viessmann Werke
Market driver
  • Growing demand for efficient and cleaner technologies
  • For a full, detailed list, view our report
Market challenge
  • Competition from alternative technologies
  • For a full, detailed list, view our report
Market trend
  • Growing affinity for self-generation
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Residential Fuel Cell Market 2018-2022

Technavio recognizes the following companies as the key players in the global residential fuel cell market: AISIN SEIKI, Elcore, Panasonic, SOLIDpower, TOSHIBA, and Viessmann Werke.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing affinity for self-generation. The growing affinity for self-generation is one of the key trends in the residential fuel cell market. Developed countries require uninterrupted and reliable power supplies owing to the increasing need. This growing need for power is increasing the adoption of distributed energy generation.”

According to the report, one driver in the market is growing demand for efficient and cleaner technologies. The growing demand for efficient and cleaner technologies as one of the primary factors that will trigger the growth of the residential fuel cell market in the coming years. Rapid urbanization is a result of a continuous increase in the population, which has a direct impact on the power consumption.

Further, the report states that one challenge in the market is competition form alternative technologies. The market for fuel cells is highly competitive with the presence of many manufacturers, both local and international, facing stiff competition from not only other fuel cell manufacturers but also from alternative technologies such as microturbines, backup generators, energy storage system providers, and renewable system providers.

Companies Mentioned

AISIN SEIKI, Elcore, Panasonic, SOLIDpower, TOSHIBA, and Viessmann Werke.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Types of fuel cells by end-use
  • Market landscape
    • Market ecosystem
      • Table Types of fuel cell by product
      • Table Fuel cell applications
      • Table Description of fuel cell applications
      • Table Parent market
      • Table Global fuel cell market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 (unit shipments)
      • Table Global residential energy consumption by end-use and top six CO2 emitting end-users 2013
      • Table Global - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by Product
      • Table Comparison by Product
    • PEMFC - Market size and forecast 2017-2022
      • Table PEMFC - Market size and forecast 2017-2022 (unit shipments)
      • Table % share of fuel cell type in ENE-FARM 2017
      • Table PEMFC - Year-over-year growth 2018-2022 (%)
    • SOFC - Market size and forecast 2017-2022
      • Table SOFC - Market size and forecast 2017-2022 (unit shipments)
      • Table Comparison of fuel cell technologies
      • Table SOFC - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 (unit shipments)
      • Table Fuel cell R&D budget in South Korea 2012-2018 ($ millions)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 (unit shipments)
      • Table Final energy consumption in EU 28 and end-uses of energy in households 2015
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 (unit shipments)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Comparison of fuel cell efficiency
      • Table Major purchase incentives for fuel cell projects
    • Market challenges
      • Table Cost comparison of fuel cell vs. gas engine in CHP Systems
  • Market trends
    • Growing affinity for self-generation
      • Table Most commonly used distribution energy resources
    • Development of zero-energy buildings
      • Table Global residential zero-energy buildings market ($ billions)
    • Increase in R&D activities
      • Table Indexed fuel cell CHP prices 2008-2013
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AISIN SEIKI
      • Table AISIN SEIKI overview
      • Table AISIN SEIKI - Business segments
      • Table AISIN SEIKI - Organizational developments
      • Table AISIN SEIKI - Geographic focus
      • Table AISIN SEIKI - Segment focus
      • Table AISIN SEIKI - Key offerings
    • Elcore
      • Table Elcore overview
      • Table Elcore - Business segments
      • Table Elcore - Organizational developments
      • Table Elcore - Geographic focus
      • Table Elcore - Segment focus
      • Table Elcore - Key offerings
    • Panasonic
      • Table Panasonic overview
      • Table Panasonic - Business segments
      • Table Panasonic- Organizational developments
      • Table Panasonic- Geographic focus
      • Table Panasonic- Segment focus
      • Table Panasonic- Key offerings
    • SOLIDpower
      • Table SOLIDpower overview
      • Table SOLIDpower - Business segments
      • Table SOLIDpower - Organizational developments
      • Table SOLIDpower - Geographic focus
      • Table SOLIDpower - Segment focus
      • Table SOLIDpower - Key offerings
    • TOSHIBA
      • Table TOSHIBA overview
      • Table TOSHIBA- Business segments
      • Table TOSHIBA- Organizational developments
      • Table TOSHIBA- Geographic focus
      • Table TOSHIBA- Segment focus
      • Table TOSHIBA- Key offerings
    • Viessmann Werke
      • Table Viessmann Werke overview
      • Table Viessmann Werke - Business segments
      • Table Viessmann Werke - Organizational developments
      • Table Viessmann Werke - Geographic focus
      • Table Viessmann Werke - Segment focus
      • Table Viessmann Werke - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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