Fuel Cell Market size to Reach USD 1584.77 MW Globally by 2025|Evolving Opportunities with Aisin Corp & Ballard Powe Systems| Technavio

• Aisin Corp - The company offers an ENE-FARM Type S fuel cell cogeneration system.
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Fuel Cell Market 2021-2025: Scope

 Our fuel cell market report covers the following areas:

• Fuel Cell Market size
• Fuel Cell Market trends
• Fuel Cell Market industry analysis

Fuel Cell Market 2021-2025: Market Dynamics

Drivers: The key factor driving the fuel cell market growth is the growing demand for efficient and clean energy sources. Fossil fuels are the most dominant source of electricity generation globally. For instance, coal-generated electricity accounted for 38.40% of the total electricity generated in 2016, according to the International Energy Agency (IEA) Key World Energy Statistics 2018. Other than electricity generation, coal is also predominantly used for heat generation. As a result, coal is one of the highest contributors to global CO2 emissions, which has a high negative impact on the environment. 

Trends: The major trend driving the fuel cell market growth is the increasing R&D activities. Systems that use fuel cells have higher upfront costs than other alternative technologies. Hence, capital cost forms one of the critical factors for product selection, which might hinder the adoption of fuel cell systems. However, fuel cells have immense potential to support the transition toward clean energy production. Thus, extensive R&D programs have been initiated by governments of countries such as South Korea, Germany, Japan, the US, and the UK for reducing the cost and increasing the deployment of fuel cells

Challenges: High cost of fuel cells is one of the key challenges hindering the fuel cell market growth. Fuel cells have been in use for decades and were initially used to power space missions during the 1960s. Fuel cells for commercial and industrial locations were developed during the 1990s. However, they have not been able to penetrate the market due to their lower end-user acceptance compared with other technologies such as batteries. Though fuel cells have higher efficiency and environmental benefits, they were not fully commercialized. However, the cost is still a primary factor affecting the acceptance of the technology, as both a fuel cell system and its fuel are expensive when compared with alternative technologies such as gas generators and lithium-ion batteries.

Fuel Cell Market 2021-2025: Segmentation Analysis

• Product
• PEMFC
• PAFC
• SOFC
• Others
• Application
• Transport
• Stationary
• Portable
• Geography
• Americas
• APAC
• EMEA

To know about the market contribution of each segment - Download a sample now!

Get ready to achieve excellent business outcomes from this exclusive Fuel Cell Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -

• What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
• What is the current trend taking place in the market space?|
• Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
• What are market drivers, restraints, and challenges impacting demand & growth of the market?
• Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Fuel Cell Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Fuel Cell Market Forecast Report -  Buy Now!

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Table Of Contents :

1 Executive Summary

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 01: Parent market
• Exhibit 02: Market characteristics

• 2.2 Value chain analysis
• Exhibit 03: Value chain analysis: Energy storage

3 Market Sizing

• 3.1 Market definition
• Exhibit 04: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 05: Market segments

• 3.3 Market size 2020

• 3.4 Market outlook: Forecast for 2020 - 2025
• Exhibit 06: Global - Market size and forecast 2020 - 2025 (MW)
• Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

• 4.1 Five forces analysis
• Exhibit 08: Five forces analysis 2020 & 2025

• 4.2 Bargaining power of buyers
• Exhibit 09: Bargaining power of buyers

• 4.3 Bargaining power of suppliers
• Exhibit 10: Bargaining power of suppliers

• 4.4 Threat of new entrants
• Exhibit 11: Threat of new entrants

• 4.5 Threat of substitutes
• Exhibit 12: Threat of substitutes

• 4.6 Threat of rivalry
• Exhibit 13: Threat of rivalry

• 4.7 Market condition
• Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Product

• 5.1 Market segments
• Exhibit 15: Product - Market share 2020-2025 (%)

• 5.2 Comparison by Product
• Exhibit 16: Comparison by Product

• 5.3 PEMFC - Market size and forecast 2020-2025
• Exhibit 17: PEMFC - Market size and forecast 2020-2025 (MW)
• Exhibit 18: PEMFC - Year-over-year growth 2020-2025 (%)

• 5.4 PAFC - Market size and forecast 2020-2025
• Exhibit 19: PAFC - Market size and forecast 2020-2025 (MW)
• Exhibit 20: PAFC - Year-over-year growth 2020-2025 (%)

• 5.5 SOFC - Market size and forecast 2020-2025
• Exhibit 21: SOFC - Market size and forecast 2020-2025 (MW)
• Exhibit 22: SOFC - Year-over-year growth 2020-2025 (%)

• 5.6 Others - Market size and forecast 2020-2025
• Exhibit 23: Others - Market size and forecast 2020-2025 (MW)
• Exhibit 24: Others - Year-over-year growth 2020-2025 (%)

• 5.7 Market opportunity by Product
• Exhibit 25: Market opportunity by Product

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 26: Application - Market share 2020-2025 (%)

• 6.2 Comparison by Application
• Exhibit 27: Comparison by Application

• 6.3 Transport - Market size and forecast 2020-2025
• Exhibit 28: Transport - Market size and forecast 2020-2025 (MW)
• Exhibit 29: Transport - Year-over-year growth 2020-2025 (%)

• 6.4 Stationary - Market size and forecast 2020-2025
• Exhibit 30: Stationary - Market size and forecast 2020-2025 (MW)
• Exhibit 31: Stationary - Year-over-year growth 2020-2025 (%)

• 6.5 Portable - Market size and forecast 2020-2025
• Exhibit 32: Portable - Market size and forecast 2020-2025 (MW)
• Exhibit 33: Portable - Year-over-year growth 2020-2025 (%)

• 6.6 Market opportunity by Application
• Exhibit 34: Market opportunity by Application

7 Customer landscape

• 7.1 Customer landscape
• Exhibit 35: Customer landscape

8 Geographic Landscape

• 8.1 Geographic segmentation
• Exhibit 36: Market share by geography 2020-2025 (%)

• 8.2 Geographic comparison
• Exhibit 37: Geographic comparison

• 8.3 Americas - Market size and forecast 2020-2025
• Exhibit 38: Americas - Market size and forecast 2020-2025 (MW)
• Exhibit 39: Americas - Year-over-year growth 2020-2025 (%)

• 8.4 APAC - Market size and forecast 2020-2025
• Exhibit 40: APAC - Market size and forecast 2020-2025 (MW)
• Exhibit 41: APAC - Year-over-year growth 2020-2025 (%)

• 8.5 EMEA - Market size and forecast 2020-2025
• Exhibit 42: EMEA - Market size and forecast 2020-2025 (MW)
• Exhibit 43: EMEA - Year-over-year growth 2020-2025 (%)

• 8.6 Key leading countries
• Exhibit 44: Key leading countries

• 8.7 Market opportunity by geography
• Exhibit 45: Market opportunity by geography (MW)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Market trends

10 Vendor Landscape

• 10.1 Overview
• Exhibit 47: Vendor landscape

• 10.2 Landscape disruption
• Exhibit 48: Landscape disruption
• Exhibit 49: Industry risks

11 Vendor Analysis

• 11.1 Vendors covered
• Exhibit 50: Vendors covered

• 11.2 Market positioning of vendors
• Exhibit 51: Market positioning of vendors

• 11.3 Aisin Corp
• Exhibit 52: Aisin Corp - Overview
• Exhibit 53: Aisin Corp - Business segments
• Exhibit 54: Aisin Corp.- Key news
• Exhibit 55: Aisin Corp - Key offerings
• Exhibit 56: Aisin Corp - Segment focus

• 11.4 Ballard Power Systems Inc.
• Exhibit 57: Ballard Power Systems Inc. - Overview
• Exhibit 58: Ballard Power Systems Inc. - Business segments
• Exhibit 59: Ballard Power Systems Inc.- Key news
• Exhibit 60: Ballard Power Systems Inc. - Key offerings
• Exhibit 61: Ballard Power Systems Inc. - Segment focus

• 11.5 Bloom Energy Corp.
• Exhibit 62: Bloom Energy Corp. - Overview
• Exhibit 63: Bloom Energy Corp. - Product and service
• Exhibit 64: Bloom Energy Corp.- Key news
• Exhibit 65: Bloom Energy Corp. - Key offerings

• 11.6 Doosan Corp.
• Exhibit 66: Doosan Corp. - Overview
• Exhibit 67: Doosan Corp. - Business segments
• Exhibit 68: Doosan Corp.- Key news
• Exhibit 69: Doosan Corp. - Key offerings
• Exhibit 70: Doosan Corp. - Segment focus

• 11.7 FuelCell Energy Inc.
• Exhibit 71: FuelCell Energy Inc. - Overview
• Exhibit 72: FuelCell Energy Inc. - Business segments
• Exhibit 73: FuelCell Energy Inc.- Key news
• Exhibit 74: FuelCell Energy Inc. - Key offerings
• Exhibit 75: FuelCell Energy Inc. - Segment focus

• 11.8 Fuji Electric Co. Ltd.
• Exhibit 76: Fuji Electric Co. Ltd. - Overview
• Exhibit 77: Fuji Electric Co. Ltd. - Business segments
• Exhibit 78: Fuji Electric Co. Ltd. - Key offerings
• Exhibit 79: Fuji Electric Co. Ltd. - Segment focus

• 11.9 Mitsubishi Heavy Industries Ltd.
• Exhibit 80: Mitsubishi Heavy Industries Ltd. - Overview
• Exhibit 81: Mitsubishi Heavy Industries Ltd. - Business segments
• Exhibit 82: Mitsubishi Heavy Industries Ltd.- Key news
• Exhibit 83: Mitsubishi Heavy Industries Ltd. - Key offerings
• Exhibit 84: Mitsubishi Heavy Industries Ltd. - Segment focus

• 11.10 Plug Power Inc.
• Exhibit 85: Plug Power Inc. - Overview
• Exhibit 86: Plug Power Inc. - Product and service
• Exhibit 87: Plug Power Inc. - Key news
• Exhibit 88: Plug Power Inc. - Key offerings

• 11.11 PowerCell Sweden AB
• Exhibit 89: PowerCell Sweden AB - Overview
• Exhibit 90: PowerCell Sweden AB - Product and service
• Exhibit 91: PowerCell Sweden AB- Key news
• Exhibit 92: PowerCell Sweden AB - Key offerings

• 11.12 SFC Energy AG
• Exhibit 93: SFC Energy AG - Overview
• Exhibit 94: SFC Energy AG - Business segments
• Exhibit 95: SFC Energy AG - Key offerings
• Exhibit 96: SFC Energy AG - Segment focus

12 Appendix

• 12.1 Scope of the report

• 12.2 Currency conversion rates for US$
• Exhibit 97: Currency conversion rates for US$

• 12.3 Research methodology
• Exhibit 98: Research Methodology
• Exhibit 99: Validation techniques employed for market sizing
• Exhibit 100: Information sources

• 12.4 List of abbreviations
• Exhibit 101: List of abbreviations

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