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Hydrogen and Fuel Cells Market

Global Hydrogen and Fuel Cells Market Research Report - Forecast To 2025

  • Published Date : 16 Jun 2018
  • Market Research Future
  • Category : Energy and Power
  • Pages : 119

Introduction
A fuel cell is an electrochemical device that combines hydrogen fuel with oxygen to produce electricity, heat, and water. The fuel cell is very similar to a battery, wherein an electrochemical reaction arises as long as fuel is available. Hydrogen is kept in a pressurized container and oxygen is taken from the air. Because of the absenteeism of combustion, there are no harmful emissions, and the only by-product is pure water. Hydrogen and fuel cells market is primarily driven by several factors such as high demand in the automotive, telecommunications, and residential Micro-CHP sectors and the reduced dependency on non-conventional energy sources. Some of the constraints such as the lesser durability of fuel cell hinder the growth of the market.
Emerging economies are greatly focusing on developing the hydrogen fuel cell technology and infrastructure to limit the carbon emission and meet the growing power demand in respective countries. Hydrogen fuel cell is presently at the development stage with government initiatives and R&D programmes across major economies. It can be concluded that a positive outcome through these research program will absolutely help the market grow in these emerging economies during the forecast period.
For the purpose of study, global hydrogen and fuel cells market has been segmented based on type, end-user, application, and region. Based on type, the market has been segmented into air-cooled type, and water-cooled type. Air-Cooled type accounted for the largest market share in 2016. Based on application, the market is segmented into stationary, transport and portable. Stationary application segment is the largest market share in 2016. Included in the stationary FC market are the main applications such as prime power, large CHP, residential CHP, and uninterrupted power supply (UPS). 
Key Players
The major players operating in the global hydrogen and fuel cells market are Panasonic Corporation (Japan), FuelCell Energy, Inc. (U.S.), Plug Power Inc. (U.S.), Intelligent Energy Holdings plc (U.K.), and Hyster-Yale Group (U.S.). Other major players are Ballard Power Systems. (Canada), Doosan Fuel Cell (U.S.), Nedstack fuel cell technology BV. (Netherlands), Hydrogenics Corporation (Canada), Pearl Hydrogen (China), and Horizon Fuel Cell Technologies (Singapore). 
Objectives of Global Hydrogen and Fuel Cells Market Analysis & Forecast, 2017 - 2025
• To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the global Hydrogen and Fuel Cells market
• To provide insights about factors affecting the market growth
• To analyze the global hydrogen and fuel cells market based on various tools such as Supply Chain Analysis, and Porter’s Five Force Analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
• To provide country-level analysis of the market with respect to the current market size and future prospective
• To provide country-level analysis of the market for segments by type, application, and region
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new technology developments, and research & development in the Hydrogen and Fuel Cells market 

Target Audience
• Manufactures 
• Research Institute & education institute 
• Potential investors
• Key executive (CEO and COO) and strategy growth manager

Key Findings
• Global Hydrogen and Fuel Cells market is estimated to reach USD 11,813.5 million by 2025.
• By type, Air-Cooled Type accounted for the largest market share of 62.84% in 2016, with a market value of USD 1,019.1 million, which is projected to grow at the highest CAGR of 25.80% during the forecast period.
• Based on application, stationary application accounted for the market share of 81.14% in 2016, with a market value of USD 1,315.9 million, which is projected to grow at the highest CAGR of 26.04%.  
• Geographically, Americas has been projected to have the largest market share of 46.44% in the global Hydrogen and Fuel Cells market. 

Regional and Country Analysis of global Hydrogen and Fuel Cells market Estimation and Forecast
Geographically, Americas region dominates the global hydrogen and fuel cells market. In the region, countries fuel cell deployments have been encouraged by federal research and development (R&D) and demonstration programs, and supported by federal tax incentives for FCVs, hydrogen infrastructure, and fuel cell stationary power generation. This drives the market. Asia Pacific is another major market for hydrogen and fuel cells. Rising population along with increasing disposable income in the region driving the demand for energy. Additionally, rapidly growing economies in the region are also the top polluters in the world. Hydrogen and Fuel Cell is recognized as the best replacement for other conventional fossil fuel energy sources that are used to reduce carbon emission by efficiently meeting the electricity needs. This drives the market in the Asia Pacific region. China, Japan,  and South Korea are the key contributors in the region.
The reports also cover country-level analysis: 
Americas
• U.S.
• Canada
• Brazil 
• Rest of Americas
Europe
• Germany
• U.K
• France
• Rest of Europe
Asia Pacific
• China
• Japan
• South Korea
• Rest of Asia Pacific
Rest of the World
• Middle East
• Africa
 
Companies Mentioned
 The major players operating in the global hydrogen and fuel cells market are Panasonic Corporation (Japan), FuelCell Energy, Inc. (U.S.), Plug Power Inc. (U.S.), Intelligent Energy Holdings plc (U.K.), and Hyster-Yale Group (U.S.). Other major players are Ballard Power Systems. (Canada), Doosan Fuel Cell (U.S.), Nedstack fuel cell technology BV. (Netherlands), Hydrogenics Corporation (Canada), Pearl Hydrogen (China), and Horizon Fuel Cell Technologies (Singapore).	
Table of Contents:

1   Executive summary
2   Market Introduction
2.1   Definition
2.2   Scope of the Study
2.3   Assumptions
2.4   Market Structure
3   Research Methodology
3.1   Research Process
3.2   Primary Research
3.3   Secondary Research
3.4   Market Size Estimation
3.5   Forecast Model
4   Market Dynamics
4.1   Drivers
4.1.1   Growing Demand in the Automotive, Telecommunications and Residential Micro-CHP Sectors
4.1.2   Reduced dependency on non-conventional energy sources
4.2   Restraint
4.2.1   Shorter Durability of Fuel Cell
4.3   Opportunity
4.3.1   Potential in Emerging Economies
4.4   Challenge
4.4.1   Fuel Storage Infrastructure
5   Market Factor Analysis
5.1   Porter’s Five forces analysis
5.1.1   Threat of New Entrants
5.1.2   Bargaining Power of Suppliers
5.1.3   Threat of Substitutes
5.1.4   Bargaining Power of Buyers
5.1.5   Segment Rivalry
5.2   Supply Chain Analysis
6   Global Hydrogen and Fuel Cells Market, By Type
6.1   Overview
6.1.1   Air-Cooled Type
6.1.2   Water-Cooled Type
7   Global Hydrogen and Fuel Cells Market, By Application
7.1   Overview
7.2   Stationary
7.3   Transport
7.4   Portable
8   Global Hydrogen and Fuel Cells Market, By Region
8.1   Overview
8.2   Americas
8.2.1   U.S.
8.2.2   Canada
8.2.3   Brazil
8.2.4   Rest of Americas
8.3   Europe
8.3.1   Germany
8.3.2   U.K.
8.3.3   France
8.3.4   Rest of Europe
8.4   Asia Pacific
8.4.1   Japan
8.4.2   South Korea
8.4.3   China
8.4.4   Rest of Asia Pacific
8.5   Middle East & Africa
8.5.1   Middle East
8.5.2   Africa
9   Competitive Landscape
9.1   Competitive Landscape
10   Company Profiles
10.1   Panasonic Corporation (Japan)
10.1.1   Company Overview
10.1.2   Financials
10.1.3   Products
10.1.4   Strategy
10.1.5   Key Developments
10.1.6   Swot Analysis
10.2   FuelCell Energy, Inc. (U.S.)
10.2.1   Company Overview
10.2.2   Financials
10.2.3   Products
10.2.4   Strategy
10.2.5   Key Developments
10.2.6   Swot Analysis
10.3   Plug Power Inc. (U.S.)
10.3.1   Company Overview
10.3.2   Financials
10.3.3   Products
10.3.4   Strategy
10.3.5   Key Developments
10.3.6   Swot Analysis
10.4   Ballard Power Systems. (Canada)
10.4.1   Company Overview
10.4.2   Financials
10.4.3   Products
10.4.4   Strategy
10.4.5   Key Developments
10.4.6   Swot Analysis
10.5   Hydrogenics Corporation (Canada)
10.5.1   Company Overview
10.5.2   Financials
10.5.3   Products
10.5.4   Strategy
10.5.5   Key Developments
10.5.6   Swot Analysis
10.6   Intelligent Energy Holdings plc
10.6.1   Company Overview
10.6.2   Financials
10.6.3   Products
10.6.4   Strategy
10.6.5   Key Developments
10.7   Hyster-Yale Group
10.7.1   Company Overview
10.7.2   Financials
10.7.3   Products
10.7.4   Strategy
10.7.5   Key Developments
10.8   Doosan Fuel Cell
10.8.1   Company Overview
10.8.2   Financials
10.8.3   Products
10.8.4   Strategy
10.8.5   Key Developments
10.9   Nedstack
10.9.1   Company Overview
10.9.2   Financials
10.9.3   Products
10.9.4   Strategy
10.9.5   Key Developments
10.1   Pearl Hydrogen
10.10.1   Company Overview
10.10.2   Financials
10.10.3   Products
10.10.4   Strategy
10.10.5   Key Developments
10.11   Horizon Fuel Cell Technologies
10.11.1   Company Overview
10.11.2   Financials
10.11.3   Products
10.11.4   Strategy
10.11.5   Key Developments
11   Global Hydrogen & Fuel Cells Market: Export and Import Analysis
11.1   Americas Electrode: Export and Import Analysis
11.2   Europe Electrode: Export and Import Analysis
11.3   Asia Pacific Electrode: Export and Import Analysis
11.4   Middle East & Africa Electrode: Export and Import Analysis
12   Conclusion
12.1   Conclusion
13   Appendix
13.1   References

	List of Tables:

TABLE 1   Market synopsis
TABLE 2   Global Hydrogen and Fuel Cells Market value analysis, By Type, 2011-2025 (USD Million)
TABLE 3   Global Hydrogen and Fuel Cells Market Volume analysis, By Type, 2011-2025 (MW)
TABLE 4   Global Hydrogen and Fuel Cells Market value analysis, By Application, 2011-2025 (USD Million)
TABLE 5   Global Hydrogen and Fuel Cells Market Volume analysis, By Application, 2011-2025 (MW)
TABLE 6   global hydrogen & fuel cells Market VALUE ANALYSIS, BY Region, 2011-2025 (USD Million)
TABLE 7   global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY REGION, 2011-2025 (MW)
TABLE 8   americas: global hydrogen & fuel cells Market VALUE ANALYSIS, BY Country, 2011-2025 (USD Million)
TABLE 9   americas: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY COUNTRY, 2011-2025 (MW)
TABLE 10   americas: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 11   americas: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 12   americas: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 13   americas: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 14   u.s.: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 15   u.s.: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 16   u.s.: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 17   u.s.: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 18   canada: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 19   canada: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 20   canada: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 21   canada: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 22   brazil: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 23   brazil: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 24   brazil: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 25   brazil: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 26   Rest of americas: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 27   Rest of americas: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 28   Rest of americas: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 29   Rest of americas: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 30   europe: global hydrogen & fuel cells Market VALUE ANALYSIS, BY country, 2011-2025 (USD Million)
TABLE 31   europe: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY COUNTRY, 2011-2025 (MW)
TABLE 32   europe: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 33   europe: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 34   europe: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 35   europe: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 36   germany: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 37   germany: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 38   germany: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 39   germany: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 40   u.k.: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 41   u.k.: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 42   u.k.: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 43   u.k.: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 44   france: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 45   france: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 46   france: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 47   france: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 48   rest of europe: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 49   rest of europe: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 50   rest of europe: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 51   rest of europe: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 52   Asia Pacific: global hydrogen & fuel cells Market VALUE ANALYSIS, BY country, 2011-2025 (USD Million)
TABLE 53   Asia Pacific: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY COUNTRY, 2011-2025 (MW)
TABLE 54   Asia Pacific: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 55   Asia Pacific: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 56   Asia Pacific: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 57   Asia Pacific: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 58   japan: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 59   japan: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 60   japan: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 61   japan: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 62   south korea: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 63   south korea: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 64   south korea: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 65   south korea: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 66   china: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 67   china: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 68   china: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 69   china: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 70   rest of Asia Pacific: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 71   rest of Asia Pacific: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 72   rest of Asia Pacific: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 73   rest of Asia Pacific: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 74   middle east & africa: global hydrogen & fuel cells Market VALUE ANALYSIS, BY country, 2011-2025 (USD Million)
TABLE 75   middle east & africa: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY COUNTRY, 2011-2025 (MW)
TABLE 76   middle east & africa: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 77   middle east & africa: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 78   middle east & africa: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 79   middle east & africa: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 80   middle east: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 81   middle east: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 82   middle east: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 83   middle east: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)
TABLE 84   africa: global hydrogen & fuel cells Market VALUE ANALYSIS, BY type, 2011-2025 (USD Million)
TABLE 85   africa: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY TYPE, 2011-2025 (MW)
TABLE 86   africa: global hydrogen & fuel cells Market VALUE ANALYSIS, BY application, 2011-2025 (USD Million)
TABLE 87   africa: global hydrogen & fuel cells MARKET VOLUME ANALYSIS, BY APPLICATION, 2011-2025 (MW)

 List of Figures:

FIGURE 1   Research Process of MRFR
FIGURE 2   TOP DOWN & BOTTOM up APPROACH
FIGURE 3   PORTER'S 5 FORCES ANALYSIS OF Hydrogen and fuel cellss MARKET
FIGURE 4   Supply Chain Analysis: Hydrogen and fuel cellss market
FIGURE 5   global Hydrogen and Fuel Cells Market, By Type, 2016 (% Share)
FIGURE 6   global Hydrogen and Fuel Cells Market, By Application, 2016 (% Share)
FIGURE 7   HYDROGEN AND FUEL CELLS MARKET share, BY Region, 2016 (In %)
FIGURE 8   AMERICAS HYDROGEN AND FUEL CELLS MARKET PESTLE ANALYSIS
FIGURE 9   AMERICAS: HYDROGEN AND FUEL CELLS MARKET share, BY country, 2016 (In %)
FIGURE 10   EUROPE HYDROGEN AND FUEL CELLS MARKET PESTL ANALYSIS, BY COUNTRY
FIGURE 11   EUROPE: HYDROGEN AND FUEL CELLS MARKET share, BY country, 2016 (In %)
FIGURE 12   ASIA PACIFIC HYDROGEN AND FUEL CELLS MARKET PESTL ANALYSIS, BY COUNTRY
FIGURE 13   Asia Pacific: HYDROGEN AND FUEL CELLS MARKET share, BY country, 2016 (In %)
FIGURE 14   MIDDLE EAST & AFRICA HYDROGEN AND FUEL CELLS MARKET PESTL ANALYSIS, BY REGION
FIGURE 15   MIDDLE EAST & AFRICA: HYDROGEN AND FUEL CELLS MARKET share, BY Region, 2016 (In %)
FIGURE 16   growth strategies adopted by key players in global Hydrogen and fuel cells Market, 2014-2017, (%)
FIGURE 17   panasonic corporation: swot analysis
FIGURE 18   Fuelcell energy, inc. : swot analysis
FIGURE 19   plug power inc. : swot analysis
FIGURE 20   ballard power systems: swot analysis
FIGURE 21   hydrogenics corporation: swot analysis
FIGURE 22   Americas: Imports of Electrode, 2013-2017 (USD Thousand)
FIGURE 23   Americas: exports of Electrode, 2013-2017 (USD Thousand)
FIGURE 24   Europe: Imports of Electrode, 2013-2017 (USD Thousand)
FIGURE 25   Europe: exports of Electrode, 2013-2017 (USD Thousand)
FIGURE 26   Asia Pacific: Imports of Electrode, 2013-2017 (USD Thousand)
FIGURE 27   Asia Pacific: exports of Electrode, 2013-2017 (USD Thousand)
FIGURE 28   Middle East & Africa: IMPORTS OF Electrode, 2013-2017 (USD THOUSAND)
FIGURE 29   Middle East & Africa: Export OF Electrode, 2013-2017 (USD THOUSAND)

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