+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Hydrogen Fuel Cell Market Report 2024-2034

  • PDF Icon

    Report

  • 394 Pages
  • May 2024
  • Region: Global
  • Visiongain
  • ID: 5960740
Description Jump to:
Overall world revenue for Hydrogen Fuel Cell Market, 2024 to 2034 in terms of value the market will surpass US$2,338.5 million in 2024, the work calculates. The publisher predicts strong revenue growth through to 2034. The work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

The Hydrogen Fuel Cell Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Increasing Demand for Clean and Sustainable Energy Solutions Across Various Sectors

The global hydrogen fuel cell market is witnessing substantial growth, driven by the increasing demand for clean and sustainable energy solutions across various sectors. Hydrogen fuel cells offer a promising alternative to traditional fossil fuels, providing efficient and environmentally friendly power generation for stationery and transportation applications. This executive summary provides an overview of the market landscape, highlighting key drivers, opportunities, challenges, and competitive dynamics shaping the industry.

Several factors are propelling the growth of the hydrogen fuel cell market. Firstly, rising environmental concerns and stringent regulations aimed at reducing carbon emissions are driving the adoption of clean energy technologies. Hydrogen fuel cells, with their zero-emission characteristics and versatility, are gaining traction as a viable solution to address these challenges. Additionally, advancements in fuel cell technology, such as improvements in efficiency, durability, and cost-effectiveness, are expanding the market's potential across various end-user industries. Furthermore, government initiatives and investments in hydrogen infrastructure development, coupled with increasing private sector involvement, are further fuelling market growth.

High Preference for Battery Electric Vehicles Over Hydrogen Vehicle to Restrain Market Growth

One significant market restraining factor for hydrogen vehicles is the high preference for battery electric vehicles (BEVs) over hydrogen-powered vehicles. In recent years, BEVs have gained considerable traction in the automotive market due to several factors. Firstly, BEVs have witnessed significant advancements in battery technology, leading to improved energy density, longer driving ranges, and reduced charging times. This has alleviated one of the primary concerns regarding electric vehicles - their limited range and lengthy charging periods. Secondly, the infrastructure for BEVs, such as charging stations and networks, has expanded rapidly, especially in regions with ambitious decarbonization goals. Governments and private entities have invested heavily in establishing charging infrastructure, making BEVs more accessible and convenient for consumers. As a result, consumers may perceive BEVs as a more practical and readily available option compared to hydrogen vehicles, which require a different refuelling infrastructure.

Key Questions Answered

  • How is the hydrogen fuel cell market evolving?
  • What is driving and restraining the hydrogen fuel cell market?
  • How will each hydrogen fuel cell submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
  • How will the market shares for each hydrogen fuel cell submarket develop from 2024 to 2034?
  • What will be the main driver for the overall market from 2024 to 2034?
  • Will leading hydrogen fuel cell markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the hydrogen fuel cell projects for these leading companies?
  • How will the industry evolve during the period between 2024 and 2034? What are the implications of hydrogen fuel cell projects taking place now and over the next 10 years?
  • Is there a greater need for product commercialisation to further scale the hydrogen fuel cell market?
  • Where is the hydrogen fuel cell market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the hydrogen fuel cell market today, and over the next 10 years:

  • This 394-page report provides 115 tables and 184 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them - NOW.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the hydrogen fuel cell market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2034 and other analyses reveal commercial prospects

  • In addition to revenue forecasting to 2034, the new study provides you with recent results, growth rates, and market shares.
  • You will find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising hydrogen fuel cell prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Market Segment by Application

  • Stationary Power Generation
  • Transportation
  • Portable Devices
  • Other Applications

Market Segment by Type

  • Proton Exchange Membrane Fuel Cells
  • Polymer Electrolyte Membrane Fuel Cells (PEMFC)
  • Solid Oxide Fuel Cells
  • Molten Carbonate Fuel Cells
  • Other Types

Market Segment by End-User

  • Commercial & Industrial
  • Transport Industry
  • Data Centres
  • Military & Defence
  • Utilities & Government
  • Other End-Users
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • UK
  • France
  • Norway
  • Denmark
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa
The report also includes profiles and for some of the leading companies in the Hydrogen Fuel Cell Market, 2024 to 2034, with a focus on this segment of these companies’ operations.

Leading companies profiled in the report

  • Air Liquide S.A.
  • Aisin Corporation
  • Ballard Power Systems Inc.
  • Bloom Energy
  • Cummins Inc.
  • Fuel Cell Energy, Inc.
  • Hyundai Motor Company
  • ITM Power plc
  • Mitsubishi Heavy Industries, Ltd
  • Nel ASA
  • Nikola Corporation
  • Panasonic Holdings Corporation
  • Plug Power Inc.
  • Toshiba Energy Systems & Solutions Corporation
  • Toyota Motor Corporation

How will the Hydrogen Fuel Cell Market, 2024 to 2034 report help you?

In summary, the 390+ page report provides you with the following knowledge:
  • Revenue forecasts to 2034 for Hydrogen Fuel Cell Market, 2024 to 2034 Market, with forecasts for application, type, and end-user, each forecast at a global and regional level - discover the industry’s prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2034 for four regional and 20 key national markets - See forecasts for the Hydrogen Fuel Cell Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Norway, Denmark, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market - including company profiles for 15 of the major companies involved in the Hydrogen Fuel Cell Market, 2024 to 2034.
Find quantitative and qualitative analyses with independent predictions. Receive information that only this report contains, staying informed with invaluable business intelligence.

Information found nowhere else

With this new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how this work could benefit your research, analyses, and decisions. This study is for everybody needing commercial analyses for the Hydrogen Fuel Cell Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.

Table of Contents

1 Report Overview
1.1 Objectives of the Study
1.2 Introduction to Hydrogen Fuel Cell Market
1.3 What This Report Delivers
1.4 Why You Should Read This Report
1.5 Key Questions Answered by This Analytical Report
1.6 Who Is This Report for?
1.7 Methodology
1.7.1 Market Definitions
1.7.2 Market Evaluation & Forecasting Methodology
1.7.3 Data Validation
1.7.3.1 Primary Research
1.7.3.2 Secondary Research
1.8 Frequently Asked Questions (FAQs)
1.9 Associated Reports
1.10 About the Publisher
2 Executive Summary
3 Market Overview
3.1 Key Findings
3.2 Market Dynamics
3.2.1 Market Driving Factors
3.2.1.1 Rising Demand for Hydrogen Fuel Cell Vehicles (FCVs)
3.2.1.2 Rising Investment in Hydrogen Fuel Cell Vehicle Driving the Market Growth
3.2.1.3 Global Efforts to Reduce Greenhouse Gas Emissions Driving the Market Growth
3.2.2 Market Restraining Factors
3.2.2.1 High Preference for Battery Electric Vehicles Over Hydrogen Vehicle Restrain Market Growth
3.2.2.2 High Cost of Platinum Catalyst for Fuel Cells Hinder the Market Growth
3.2.2.3 Increasing Generation of Distributed Power Using Low-Carbon Fuels
3.2.3 Market Opportunities
3.2.3.1 Expansion of Market on International Level Opportunities for the Market Players
3.2.3.2 Government Initiatives and Policies Opportunities for the Market Growth
3.2.3.3 Collaboration and Partnership Between Market Players
3.3 Porter’s Five Forces Analysis
3.3.1 Bargaining Power of Suppliers (Medium to High)
3.3.2 Bargaining Power of Buyers (Low)
3.3.3 Competitive Rivalry (Low)
3.3.4 Threat from Substitutes (High)
3.3.5 Threat of New Entrants (Low)
3.4 COVID-19 Impact Analysis
3.4.1 “V-Shaped Recovery”
3.4.2 “U-Shaped Recovery”
3.4.3 “W-Shaped Recovery”
3.4.4 “L-Shaped Recovery”
3.5 PEST Analysis
4 Hydrogen Fuel Cell Market Analysis by Application
4.1 Key Findings
4.2 Application Segment: Market Attractiveness Index
4.3 Hydrogen Fuel Cell Market Size Estimation and Forecast by Application
4.4 Stationary Power Generation
4.4.1 Market Size by Region, 2024-2034 (US$ Million)
4.4.2 Market Share by Region, 2024 & 2034 (%)
4.5 Transportation
4.5.1 Market Size by Region, 2024-2034 (US$ Million)
4.5.2 Market Share by Region, 2024 & 2034 (%)
4.6 Portable Devices
4.6.1 Market Size by Region, 2024-2034 (US$ Million)
4.6.2 Market Share by Region, 2024 & 2034 (%)
4.7 Others
4.7.1 Market Size by Region, 2024-2034 (US$ Million)
4.7.2 Market Share by Region, 2024 & 2034 (%)
5 Hydrogen Fuel Cell Market Analysis by Type
5.1 Key Findings
5.2 Type Segment: Market Attractiveness Index
5.3 Hydrogen Fuel Cell Market Size Estimation and Forecast by Type
5.4 Proton Exchange Membrane Fuel Cells
5.4.1 Market Size by Region, 2024-2034 (US$ Million)
5.4.2 Market Share by Region, 2024 & 2034 (%)
5.5 Polymer Electrolyte Membrane Fuel Cells (PEMFC)
5.5.1 Market Size by Region, 2024-2034 (US$ Million)
5.5.2 Market Share by Region, 2024 & 2034 (%)
5.6 Solid Oxide Fuel Cells
5.6.1 Market Size by Region, 2024-2034 (US$ Million)
5.6.2 Market Share by Region, 2024 & 2034 (%)
5.7 Molten Carbonate Fuel Cells
5.7.1 Market Size by Region, 2024-2034 (US$ Million)
5.7.2 Market Share by Region, 2024 & 2034 (%)
5.8 Others Types
5.8.1 Market Size by Region, 2024-2034 (US$ Million)
5.8.2 Market Share by Region, 2024 & 2034 (%)
6 Hydrogen Fuel Cell Market Analysis by End-User
6.1 Key Findings
6.2 End-User Segment: Market Attractiveness Index
6.3 Hydrogen Fuel Cell Market Size Estimation and Forecast by End-User
6.4 Commercial & Industrial
6.4.1 Market Size by Region, 2024-2034 (US$ Million)
6.4.2 Market Share by Region, 2024 & 2034 (%)
6.5 Transport Industry
6.5.1 Market Size by Region, 2024-2034 (US$ Million)
6.5.2 Market Share by Region, 2024 & 2034 (%)
6.6 Data Centers
6.6.1 Market Size by Region, 2024-2034 (US$ Million)
6.6.2 Market Share by Region, 2024 & 2034 (%)
6.7 Military & Defense
6.7.1 Market Size by Region, 2024-2034 (US$ Million)
6.7.2 Market Share by Region, 2024 & 2034 (%)
6.8 Utilities & Government
6.8.1 Market Size by Region, 2024-2034 (US$ Million)
6.8.2 Market Share by Region, 2024 & 2034 (%)
6.9 Other End-Users
6.9.1 Market Size by Region, 2024-2034 (US$ Million)
6.9.2 Market Share by Region, 2024 & 2034 (%)
7 Hydrogen Fuel Cell Market Analysis by Region
7.1 Key Findings
7.2 Regional Market Size Estimation and Forecast
8 North America Hydrogen Fuel Cell Market Analysis
8.1 Key Findings
8.2 North America Hydrogen Fuel Cell Market Attractiveness Index
8.3 North America Hydrogen Fuel Cell Market by Country, 2024, 2029 & 2034 (US$ Million)
8.4 North America Hydrogen Fuel Cell Market Size Estimation and Forecast
8.5 North America Hydrogen Fuel Cell Market Size Estimation and Forecast by Country
8.6 North America Hydrogen Fuel Cell Market Size Estimation and Forecast by Application
8.7 North America Hydrogen Fuel Cell Market Size Estimation and Forecast by Type
8.8 North America Hydrogen Fuel Cell Market Size Estimation and Forecast by End-User
8.9 U.S. Hydrogen Fuel Cell Market Analysis
8.10 Canada Hydrogen Fuel Cell Market Analysis
9 Europe Hydrogen Fuel Cell Market Analysis
9.1 Key Findings
9.2 Europe Hydrogen Fuel Cell Market Attractiveness Index
9.3 Europe Hydrogen Fuel Cell Market by Country, 2024, 2029 & 2034 (US$ Million)
9.4 Europe Hydrogen Fuel Cell Market Size Estimation and Forecast
9.5 Europe Hydrogen Fuel Cell Market Size Estimation and Forecast by Country
9.6 Europe Hydrogen Fuel Cell Market Size Estimation and Forecast by Application
9.7 Europe Hydrogen Fuel Cell Market Size Estimation and Forecast by Type
9.8 Europe Hydrogen Fuel Cell Market Size Estimation and Forecast by End-User
9.9 Germany Hydrogen Fuel Cell Market Analysis
9.10 UK Hydrogen Fuel Cell Market Analysis
9.11 France Hydrogen Fuel Cell Market Analysis
9.12 Norway Hydrogen Fuel Cell Market Analysis
9.13 Denmark Hydrogen Fuel Cell Market Analysis
9.14 Rest of Europe Hydrogen Fuel Cell Market Analysis
10 Asia-Pacific Hydrogen Fuel Cell Market Analysis
10.1 Key Findings
10.2 Asia-Pacific Hydrogen Fuel Cell Market Attractiveness Index
10.3 Asia-Pacific Hydrogen Fuel Cell Market by Country, 2024, 2029 & 2034 (US$ Million)
10.4 Asia-Pacific Hydrogen Fuel Cell Market Size Estimation and Forecast
10.5 Asia-Pacific Hydrogen Fuel Cell Market Size Estimation and Forecast by Country
10.6 Asia-Pacific Hydrogen Fuel Cell Market Size Estimation and Forecast by Application
10.7 Asia-Pacific Hydrogen Fuel Cell Market Size Estimation and Forecast by Type
10.8 Asia-Pacific Hydrogen Fuel Cell Market Size Estimation and Forecast by End-User
10.9 China Hydrogen Fuel Cell Market Analysis
10.10 India Hydrogen Fuel Cell Market Analysis
10.11 Japan Hydrogen Fuel Cell Market Analysis
10.12 South Korea Hydrogen Fuel Cell Market Analysis
10.13 Australia Hydrogen Fuel Cell Market Analysis
10.14 Rest of Asia-Pacific Hydrogen Fuel Cell Market Analysis
11 Middle East and Africa Hydrogen Fuel Cell Market Analysis
11.1 Key Findings
11.2 Middle East and Africa Hydrogen Fuel Cell Market Attractiveness Index
11.3 Middle East and Africa Hydrogen Fuel Cell Market by Country, 2024, 2029 & 2034 (US$ Million)
11.4 Middle East and Africa Hydrogen Fuel Cell Market Size Estimation and Forecast
11.5 Middle East and Africa Hydrogen Fuel Cell Market Size Estimation and Forecast by Country
11.6 Middle East and Africa Hydrogen Fuel Cell Market Size Estimation and Forecast by Application
11.7 Middle East and Africa Hydrogen Fuel Cell Market Size Estimation and Forecast by Type
11.8 Middle East and Africa Hydrogen Fuel Cell Market Size Estimation and Forecast by End-User
11.9 GCC Hydrogen Fuel Cell Market Analysis
11.10 South Africa Hydrogen Fuel Cell Market Analysis
11.11 Rest of Middle East & Africa Hydrogen Fuel Cell Market Analysis
12 Latin America Hydrogen Fuel Cell Market Analysis
12.1 Key Findings
12.2 Latin America Hydrogen Fuel Cell Market Attractiveness Index
12.3 Latin America Hydrogen Fuel Cell Market by Country, 2024, 2029 & 2034 (US$ Million)
12.4 Latin America Hydrogen Fuel Cell Market Size Estimation and Forecast
12.5 Latin America Hydrogen Fuel Cell Market Size Estimation and Forecast by Country
12.6 Latin America Hydrogen Fuel Cell Market Size Estimation and Forecast by Application
12.7 Latin America Hydrogen Fuel Cell Market Size Estimation and Forecast by Type
12.8 Latin America Hydrogen Fuel Cell Market Size Estimation and Forecast by End-User
12.9 Brazil Hydrogen Fuel Cell Market Analysis
12.10 Mexico Hydrogen Fuel Cell Market Analysis
12.11 Rest of Latin America Hydrogen Fuel Cell Market Analysis
13 Company Profiles
13.1 Competitive Landscape, 2023
13.2 Strategic Outlook
13.3 Ballard Power Systems Inc
13.3.1 Company Snapshot
13.3.2 Company Overview
13.3.3 Financial Analysis
13.3.3.1 Net Revenue, 2019-2023
13.3.3.2 R&D, 2019-2023
13.3.3.3 Regional Revenue Share, 2023 (%)
13.3.4 Product Benchmarking
13.3.5 Strategic Outlook
13.4 Toyota Motor Corporation
13.4.1 Company Snapshot
13.4.2 Company Overview
13.4.3 Financial Analysis
13.4.3.1 Net Revenue, 2019-2023
13.4.3.2 R&D, 2019-2023
13.4.3.3 Regional Revenue Share, 2023 (%)
13.4.3.4 Business Segment Revenue Share, 2023 (%)
13.4.4 Product Benchmarking
13.4.5 Strategic Outlook
13.5 Plug Power Inc.
13.5.1 Company Snapshot
13.5.2 Company Overview
13.5.3 Financial Analysis
13.5.3.1 Net Revenue, 2019-2023
13.5.3.2 R&D, 2019-2023
13.5.3.3 Regional Revenue Share, 2023 (%)
13.5.4 Product Benchmarking
13.5.5 Strategic Outlook
13.6 Air Liquide S.A.
13.6.1 Company Snapshot
13.6.2 Company Overview
13.6.3 Financial Analysis
13.6.3.1 Net Revenue, 2019-2023
13.6.3.2 R&D, 2019-2023
13.6.3.3 Regional Revenue Share, 2023 (%)
13.6.3.4 Business Segment Revenue Share, 2023 (%)
13.6.4 Product Benchmarking
13.6.5 Strategic Outlook
13.7 Nikola Corporation
13.7.1 Company Snapshot
13.7.2 Company Overview
13.7.3 Financial Analysis
13.7.3.1 Net Revenue, 2019-2023
13.7.3.2 R&D, 2019-2023
13.7.4 Product Benchmarking
13.7.5 Strategic Outlook
13.8 Hyundai Motor Company
13.8.1 Company Snapshot
13.8.2 Company Overview
13.8.3 Financial Analysis
13.8.3.1 Net Revenue, 2019-2023
13.8.3.2 R&D, 2019-2023
13.8.3.3 Regional Revenue Share, 2023 (%)
13.8.3.4 Business Segment Revenue Share, 2023 (%)
13.8.4 Product Benchmarking
13.8.5 Strategic Outlook
13.9 Mitsubishi Heavy Industries, Ltd
13.9.1 Company Snapshot
13.9.2 Company Overview
13.9.3 Financial Analysis
13.9.3.1 Net Revenue, 2019-2023
13.9.3.2 R&D, 2019-2023
13.9.3.3 Regional Revenue Share, 2023 (%)
13.9.3.4 Business Segment Revenue Share, 2023 (%)
13.9.4 Product Benchmarking
13.10 Nel ASA
13.10.1 Company Snapshot
13.10.2 Company Overview
13.10.3 Financial Analysis
13.10.3.1 Net Revenue, 2019-2023
13.10.3.2 R&D, 2019-2023
13.10.3.3 Regional Revenue Share, 2023 (%)
13.10.3.4 Business Segment Revenue Share, 2023 (%)
13.10.4 Product Benchmarking
13.10.5 Strategic Outlook
13.11 Cummins Inc.
13.11.1 Company Snapshot
13.11.2 Company Overview
13.11.3 Financial Analysis
13.11.3.1 Net Revenue, 2019-2023
13.11.3.2 R&D, 2019-2023
13.11.4 Product Benchmarking
13.11.5 Strategic Outlook
13.12 Toshiba Energy Systems & Solutions Corporation
13.12.1 Company Snapshot
13.12.2 Company Overview
13.12.3 Financial Analysis
13.12.3.1 Net Revenue, 2019-2023
13.12.3.2 R&D, 2019-2023
13.12.3.3 Regional Revenue Share, 2023 (%)
13.12.3.4 Business Segment Revenue Share, 2023 (%)
13.12.4 Product Benchmarking
13.12.5 Strategic Outlook
13.13 Aisin Corporation
13.13.1 Company Snapshot
13.13.2 Company Overview
13.13.3 Financial Analysis
13.13.3.1 Net Revenue, 2019-2023
13.13.3.2 R&D, 2019-2023
13.13.4 Product Benchmarking
13.13.5 Strategic Outlook
13.14 ITM Power plc
13.14.1 Company Snapshot
13.14.2 Company Overview
13.14.3 Financial Analysis
13.14.3.1 Net Revenue, 2019-2023
13.14.3.2 R&D, 2019-2023
13.14.3.3 Regional Revenue Share, 2023 (%)
13.14.3.4 Business Segment Revenue Share, 2023 (%)
13.14.4 Product Benchmarking
13.14.5 Strategic Outlook
13.15 Panasonic Holdings Corporation
13.15.1 Company Snapshot
13.15.2 Company Overview
13.15.3 Financial Analysis
13.15.3.1 Net Revenue, 2019-2023
13.15.3.2 R&D, 2019-2023
13.15.3.3 Regional Revenue Share, 2023 (%)
13.15.3.4 Business Segment Revenue Share, 2023 (%)
13.15.4 Product Benchmarking
13.15.5 Strategic Outlook
13.16 Bloom Energy
13.16.1 Company Snapshot
13.16.2 Company Overview
13.16.3 Financial Analysis
13.16.3.1 Net Revenue, 2019-2023
13.16.3.2 R&D, 2019-2023
13.16.3.3 Business Segment Revenue Share, 2023 (%)
13.16.4 Product Benchmarking
13.16.5 Strategic Outlook
13.17 Fuel Cell Energy, Inc.
13.17.1 Company Snapshot
13.17.2 Company Overview
13.17.3 Financial Analysis
13.17.3.1 Net Revenue, 2019-2023
13.17.3.2 R&D, 2019-2023
13.17.3.3 Regional Revenue Share, 2023 (%)
13.17.4 Product Benchmarking
13.17.5 Strategic Outlook
14 Conclusion and Recommendations
14.1 Concluding Remarks
14.2 Recommendations for Market Players
List of Tables
Table 1 Hydrogen Fuel Cell Market Snapshot, 2024 & 2034 (US$ Million, CAGR %)
Table 2 Global Hydrogen Fuel Cell Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%)) (V-Shaped Recovery Scenario)
Table 3 Global Hydrogen Fuel Cell Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%)) (U-Shaped Recovery Scenario)
Table 4 Global Hydrogen Fuel Cell Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%)) (W-Shaped Recovery Scenario)
Table 5 Global Hydrogen Fuel Cell Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%)) (L-Shaped Recovery Scenario)
Table 6 Global Hydrogen Fuel Cell Market by Application, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 7 Stationary Power Generation Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 8 Transportation Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 9 Portable Devices Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 10 Other Applications Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 11 Other Applications Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 12 Global Hydrogen Fuel Cell Market by Type, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 13 Proton Exchange Membrane Fuel Cells Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 14 Polymer Electrolyte Membrane Fuel Cells (PEMFC) Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 15 Solid Oxide Fuel Cells Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 16 Molten Carbonate Fuel Cells Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 17 Other Types Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 18 Global Hydrogen Fuel Cell Market by End-User, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 19 Commercial & Industrial Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 20 Transport Industry Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 21 Data Centers Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 22 Military & Defense Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 23 Utilities & Government Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 24 Other End-Users Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 25 Global Hydrogen Fuel Cell Market by Region, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 26 North America Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 27 North America Hydrogen Fuel Cell Market by Country, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 28 North America Hydrogen Fuel Cell Market by Application, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 29 North America Hydrogen Fuel Cell Market by Type, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 30 North America Hydrogen Fuel Cell Market by End-User, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 31 US Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 32 Canada Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 33 Europe Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 34 Europe Hydrogen Fuel Cell Market by Country, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 35 Europe Hydrogen Fuel Cell Market by Application, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 36 Europe Hydrogen Fuel Cell Market by Type, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 37 Europe Hydrogen Fuel Cell Market by End-User, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 38 Germany Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 39 UK Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 40 France Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 41 Norway Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 42 Denmark Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 43 Rest of Europe Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 44 Asia-Pacific Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 45 Asia-Pacific Hydrogen Fuel Cell Market by Country, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 46 Asia-Pacific Hydrogen Fuel Cell Market by Application, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 47 Asia-Pacific Hydrogen Fuel Cell Market by Type, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 48 Asia-Pacific Hydrogen Fuel Cell Market by End-User, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 49 China Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 50 India Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 51 Japan Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 52 South Korea Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 53 Australia Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 54 Rest of Asia-Pacific Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 55 Middle East & Africa Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 56 Middle East & Africa Hydrogen Fuel Cell Market by Country, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 57 Middle East & Africa Hydrogen Fuel Cell Market by Application, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 58 Middle East & Africa Hydrogen Fuel Cell Market by Type, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 59 Middle East & Africa Hydrogen Fuel Cell Market by End-User, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 60 GCC Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 61 South Africa Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 62 Rest of Middle East & Africa Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 63 Latin America Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 64 Latin America Hydrogen Fuel Cell Market by Country, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 65 Latin America Hydrogen Fuel Cell Market by Application, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 66 Latin America Hydrogen Fuel Cell Market by Type, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 67 Latin America Hydrogen Fuel Cell Market by End-User, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 68 Brazil Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 69 Mexico Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 70 Rest of Latin America Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%), CAGR (%))
Table 71 Strategic Outlook - Contract
Table 72 Ballard Power Systems Inc: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 73 Ballard Power Systems Inc: Product Benchmarking
Table 74 Ballard Power Systems Inc: Strategic Outlook
Table 75 Toyota Motor Corporation: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 76 Toyota Motor Corporation: Product Benchmarking
Table 77 Toyota Motor Corporation: Strategic Outlook
Table 78 Plug Power Inc.: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 79 Plug Power Inc.: Product Benchmarking
Table 80 Plug Power Inc.: Strategic Outlook
Table 81 Air Liquide S.A.: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 82 Air Liquide S.A.: Product Benchmarking
Table 83 Air Liquide S.A.: Strategic Outlook
Table 84 Nikola Corporation: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 85 Nikola Corporation: Product Benchmarking
Table 86 Nikola Corporation: Strategic Outlook
Table 87 Hyundai Motor Company: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 88 Hyundai Motor Company: Product Benchmarking
Table 89 Hyundai Motor Company: Strategic Outlook
Table 90 Mitsubishi Heavy Industries, Ltd: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 91 Mitsubishi Heavy Industries, Ltd: Product Benchmarking
Table 92 Nel ASA: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 93 Nel ASA: Product Benchmarking
Table 94 Nel ASA: Strategic Outlook
Table 95 Cummins Inc: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 96 Cummins Inc: Product Benchmarking
Table 97 Cummins Inc: Strategic Outlook
Table 98 Toshiba Energy Systems & Solutions Corporation: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 99 Toshiba Energy Systems & Solutions Corporation: Product Benchmarking
Table 100 Toshiba Energy Systems & Solutions Corporation: Strategic Outlook
Table 101 Aisin Corporation.: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 102 Aisin Corporation.: Product Benchmarking
Table 103 Aisin Corporation.: Strategic Outlook
Table 104 ITM Power plc: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 105 ITM Power plc: Product Benchmarking
Table 106 ITM Power plc: Strategic Outlook
Table 107 Panasonic Holdings Corporation: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 108 Panasonic Holdings Corporation: Product Benchmarking
Table 109 Panasonic Holdings Corporation: Strategic Outlook
Table 110 Bloom Energy: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 111 Bloom Energy: Product Benchmarking
Table 112 Bloom Energy: Strategic Outlook
Table 113 Fuel Cell Energy, Inc.: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 114 Fuel Cell Energy, Inc.: Product Benchmarking
Table 115 Fuel Cell Energy, Inc.: Strategic Outlook
List of Figures
Figure 1 Hydrogen Fuel Cell Market Segmentation
Figure 2 Hydrogen Fuel Cell Market by Application: Market Attractiveness Index
Figure 3 Hydrogen Fuel Cell Market by Type: Market Attractiveness Index
Figure 4 Hydrogen Fuel Cell Market by End-User: Market Attractiveness Index
Figure 5 Hydrogen Fuel Cell Market Attractiveness Index by Region
Figure 6 Hydrogen Fuel Cell Market: Market Dynamics
Figure 7 Electric Car Sales, 2019-2023
Figure 8 Comparison Hydrogen-Powered and Electric-Powered Cars
Figure 9 Hydrogen Fuel Cell Market: Porter’s Five Forces Analysis
Figure 10 Global Hydrogen Fuel Cell Market Share Forecast by COVID, 2024-2034 (%)
Figure 11 Global Hydrogen Fuel Cell Market by Region, 2024-2034 (US$ Mn, AGR (%)) (V-Shaped Recovery Scenario)
Figure 12 Global Hydrogen Fuel Cell Market by Region, 2024-2034 (US$ Mn, AGR (%)) (U-Shaped Recovery Scenario)
Figure 13 Global Hydrogen Fuel Cell Market by Region, 2024-2034 (US$ Mn, AGR (%)) (W-Shaped Recovery Scenario)
Figure 14 Global Hydrogen Fuel Cell Market by Region, 2024-2034 (US$ Mn, AGR (%)) (L-Shaped Recovery Scenario)
Figure 15 Hydrogen Fuel Cell Market: PEST Analysis
Figure 16 Hydrogen Fuel Cell Market by Application: Market Attractiveness Index
Figure 17 Global Hydrogen Fuel Cell Market by Application, 2024-2034 (US$ Mn, AGR (%))
Figure 18 Hydrogen Fuel Cell Market Share Forecast by Application, 2024, 2029, 2034 (%)
Figure 19 Stationary Power Generation Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 20 Stationary Power Generation Market Share Forecast by Region, 2024 & 2034 (%)
Figure 21 Transportation Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 22 Transportation Market Share Forecast by Region, 2024 & 2034 (%)
Figure 23 Portable Devices Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 24 Portable Devices Market Share Forecast by Region, 2024 & 2034 (%)
Figure 25 Other Applications Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 26 Other Applications Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 27 Others Market Share Forecast by Region, 2024 & 2034 (%)
Figure 28 Hydrogen Fuel Cell Market by Type: Market Attractiveness Index
Figure 29 Global Hydrogen Fuel Cell Market by Type, 2024-2034 (US$ Mn, AGR (%))
Figure 30 Hydrogen Fuel Cell Market Share Forecast by Type, 2024, 2029, 2034 (%)
Figure 31 Proton Exchange Membrane Fuel Cells Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 32 Proton Exchange Membrane Fuel Cells Market Share Forecast by Region, 2024 & 2034 (%)
Figure 33 Polymer Electrolyte Membrane Fuel Cells (PEMFC) Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 34 Polymer Electrolyte Membrane Fuel Cells (PEMFC) Market Share Forecast by Region, 2024 & 2034 (%)
Figure 35 Solid Oxide Fuel Cells Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 36 Solid Oxide Fuel Cells Market Share Forecast by Region, 2024 & 2034 (%)
Figure 37 Molten Carbonate Fuel Cells Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 38 Molten Carbonate Fuel Cells Market Share Forecast by Region, 2024 & 2034 (%)
Figure 39 Other Types Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 40 Others Types Market Share Forecast by Region, 2024 & 2034 (%)
Figure 41 Hydrogen Fuel Cell Market by End-User: Market Attractiveness Index
Figure 42 Global Hydrogen Fuel Cell Market by End-User, 2024-2034 (US$ Mn, AGR (%))
Figure 43 Hydrogen Fuel Cell Market Share Forecast by End-User, 2024, 2029, 2034 (%)
Figure 44 Commercial & Industrial Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 45 Commercial & Industrial Market Share Forecast by Region, 2024 & 2034 (%)
Figure 46 Transport Industry Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 47 Transport Industry Market Share Forecast by Region, 2024 & 2034 (%)
Figure 48 Data Centers Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 49 Data Centers Market Share Forecast by Region, 2024 & 2034 (%)
Figure 50 Military & Defense Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 51 Military & Defense Market Share Forecast by Region, 2024 & 2034 (%)
Figure 52 Utilities & Government Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 53 Utilities & Government Market Share Forecast by Region, 2024 & 2034 (%)
Figure 54 Other End-Users Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 55 Other End-Users Market Share Forecast by Region, 2024 & 2034 (%)
Figure 56 Hydrogen Fuel Cell Market Forecast by Region 2024 and 2034 (Revenue, CAGR%)
Figure 57 Hydrogen Fuel Cell Market Share Forecast by Region 2024, 2029, 2034 (%)
Figure 58 Global Hydrogen Fuel Cell Market by Region, 2024-2034 (US$ Mn, AGR (%))
Figure 59 North America Hydrogen Fuel Cell Market Attractiveness Index
Figure 60 North America Hydrogen Fuel Cell Market by Region, 2024, 2029 & 2034 (US$ Million)
Figure 61 North America Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 62 North America Hydrogen Fuel Cell Market by Country, 2024-2034 (US$ Mn, AGR (%))
Figure 63 North America Hydrogen Fuel Cell Market Share Forecast by Country, 2024 & 2034 (%)
Figure 64 North America Hydrogen Fuel Cell Market by Application, 2024-2034 (US$ Mn, AGR (%))
Figure 65 North America Hydrogen Fuel Cell Market Share Forecast Application, 2024 & 2034 (%)
Figure 66 North America Hydrogen Fuel Cell Market by Type, 2024-2034 (US$ Mn, AGR (%))
Figure 67 North America Hydrogen Fuel Cell Market Share Forecast by Type, 2024 & 2034 (%)
Figure 68 North America Hydrogen Fuel Cell Market by End-User, 2024-2034 (US$ Mn, AGR (%))
Figure 69 North America Hydrogen Fuel Cell Market Share Forecast by End-User, 2024 & 2034 (%)
Figure 70 US Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 71 Canada Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 72 Europe Hydrogen Fuel Cell Market Attractiveness Index
Figure 73 Europe Hydrogen Fuel Cell Market by Region, 2024, 2029 & 2034 (US$ Million)
Figure 74 Europe Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 75 Europe Hydrogen Fuel Cell Market by Country, 2024-2034 (US$ Mn, AGR (%))
Figure 76 Europe Hydrogen Fuel Cell Market Share Forecast by Country, 2024 & 2034 (%)
Figure 77 Europe Hydrogen Fuel Cell Market by Application, 2024-2034 (US$ Mn, AGR (%))
Figure 78 Europe Hydrogen Fuel Cell Market Share Forecast Application, 2024 & 2034 (%)
Figure 79 Europe Hydrogen Fuel Cell Market by Type, 2024-2034 (US$ Mn, AGR (%))
Figure 80 Europe Hydrogen Fuel Cell Market Share Forecast by Type, 2024 & 2034 (%)
Figure 81 Europe Hydrogen Fuel Cell Market by End-user, 2024-2034 (US$ Mn, AGR (%))
Figure 82 Europe Hydrogen Fuel Cell Market Share Forecast by End-User, 2024 & 2034 (%)
Figure 83 Germany Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 84 UK Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 85 France Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 86 Norway Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 87 Denmark Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 88 Rest of Europe Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 89 Asia-Pacific Hydrogen Fuel Cell Market Attractiveness Index
Figure 90 Asia-Pacific Hydrogen Fuel Cell Market by Region, 2024, 2029 & 2034 (US$ Million)
Figure 91 Asia-Pacific Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 92 Asia-Pacific Hydrogen Fuel Cell Market by Country, 2024-2034 (US$ Mn, AGR (%))
Figure 93 Asia-Pacific Hydrogen Fuel Cell Market Share Forecast by Country, 2024 & 2034 (%)
Figure 94 Asia-Pacific Hydrogen Fuel Cell Market by Application, 2024-2034 (US$ Mn, AGR (%))
Figure 95 Asia-Pacific Hydrogen Fuel Cell Market Share Forecast Application, 2024 & 2034 (%)
Figure 96 Asia-Pacific Hydrogen Fuel Cell Market by Type, 2024-2034 (US$ Mn, AGR (%))
Figure 97 Asia-Pacific Hydrogen Fuel Cell Market Share Forecast by Type, 2024 & 2034 (%)
Figure 98 Asia-Pacific Hydrogen Fuel Cell Market by End-User, 2024-2034 (US$ Mn, AGR (%))
Figure 99 Asia-Pacific Hydrogen Fuel Cell Market Share Forecast by End-User, 2024 & 2034 (%)
Figure 100 China Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 101 India Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 102 Japan Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 103 South Korea Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 104 Australia Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 105 Rest of Asia-Pacific Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 106 Middle East and Africa Hydrogen Fuel Cell Market Attractiveness Index
Figure 107 Middle East and Africa Hydrogen Fuel Cell Market by Region, 2024, 2029 & 2034 (US$ Million)
Figure 108 Middle East & Africa Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 109 Middle East & Africa Hydrogen Fuel Cell Market by Country, 2024-2034 (US$ Mn, AGR (%))
Figure 110 Middle East and Africa Hydrogen Fuel Cell Market Share Forecast by Country, 2024 & 2034 (%)
Figure 111 Middle East & Africa Hydrogen Fuel Cell Market by Application, 2024-2034 (US$ Mn, AGR (%))
Figure 112 Middle East and Africa Hydrogen Fuel Cell Market Share Forecast Application, 2024 & 2034 (%)
Figure 113 Middle East & Africa Hydrogen Fuel Cell Market by Type, 2024-2034 (US$ Mn, AGR (%))
Figure 114 Middle East and Africa Hydrogen Fuel Cell Market Share Forecast by Type, 2024 & 2034 (%)
Figure 115 Middle East & Africa Hydrogen Fuel Cell Market by End-User, 2024-2034 (US$ Mn, AGR (%))
Figure 116 Middle East and Africa Hydrogen Fuel Cell Market Share Forecast by End-User, 2024 & 2034 (%)
Figure 117 GCC Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 118 South Africa Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 119 Rest of Middle East & Africa Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 120 Latin America Hydrogen Fuel Cell Market Attractiveness Index
Figure 121 Latin America Hydrogen Fuel Cell Market by Region, 2024, 2029 & 2034 (US$ Million)
Figure 122 Latin America Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 123 Latin America Hydrogen Fuel Cell Market by Country, 2024-2034 (US$ Mn, AGR (%))
Figure 124 Latin America Hydrogen Fuel Cell Market Share Forecast by Country, 2024 & 2034 (%)
Figure 125 Latin America Hydrogen Fuel Cell Market by Application, 2024-2034 (US$ Mn, AGR (%))
Figure 126 Latin America Hydrogen Fuel Cell Market Share Forecast Application, 2024 & 2034 (%)
Figure 127 Latin America Hydrogen Fuel Cell Market by Type, 2024-2034 (US$ Mn, AGR (%))
Figure 128 Latin America Hydrogen Fuel Cell Market Share Forecast by Type, 2024 & 2034 (%)
Figure 129 Latin America Hydrogen Fuel Cell Market by End-User, 2024-2034 (US$ Mn, AGR (%))
Figure 130 Latin America Hydrogen Fuel Cell Market Share Forecast by End-User, 2024 & 2034 (%)
Figure 131 Brazil Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 132 Mexico Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 133 Rest of Latin America Hydrogen Fuel Cell Market by Value, 2024-2034 (US$ Mn, AGR (%))
Figure 134 Hydrogen Fuel Cell Market: Company Share, 2023
Figure 135 Ballard Power Systems Inc.: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 136 Ballard Power Systems Inc.: R&D, 2019-2023 (US$ Million, AGR%)
Figure 137 Ballard Power Systems Inc.: Regional Revenue Share, 2023 (%)
Figure 138 Toyota Motor Corporation.: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 139 Toyota Motor Corporation.: R&D, 2019-2023 (US$ Million, AGR%)
Figure 140 Toyota Motor Corporation.: Regional Revenue Share, 2023 (%)
Figure 141 Toyota Motor Corporation.: Business Segment Revenue Share, 2023 (%)
Figure 142 Plug Power Inc..: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 143 Plug Power Inc..: R&D, 2019-2023 (US$ Million, AGR%)
Figure 144 Plug Power Inc.: Regional Revenue Share, 2023 (%)
Figure 145 Air Liquide S.A..: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 146 Air Liquide S.A..: R&D, 2019-2023 (US$ Million, AGR%)
Figure 147 Air Liquide S.A..: Regional Revenue Share, 2023 (%)
Figure 148 Air Liquide S.A..: Business Segment Revenue Share, 2023 (%)
Figure 149 Nikola Corporation.: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 150 Nikola Corporation.: R&D, 2019-2023 (US$ Million, AGR%)
Figure 151 Hyundai Motor Company.: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 152 Hyundai Motor Company.: R&D, 2019-2023 (US$ Million, AGR%)
Figure 153 Hyundai Motor Company.: Regional Revenue Share, 2023 (%)
Figure 154 Hyundai Motor Company.: Business Segment Revenue Share, 2023 (%)
Figure 155 Mitsubishi Heavy Industries, Ltd.: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 156 Mitsubishi Heavy Industries, Ltd.: R&D, 2019-2023 (US$ Million, AGR%)
Figure 157 Mitsubishi Heavy Industries, Ltd.: Regional Revenue Share, 2023 (%)
Figure 158 Mitsubishi Heavy Industries, Ltd.: Business Segment Revenue Share, 2023 (%)
Figure 159 Nel ASA.: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 160 Nel ASA.: R&D, 2019-2023 (US$ Million, AGR%)
Figure 161 Nel ASA.: Regional Revenue Share, 2023 (%)
Figure 162 Nel ASA.: Business Segment Revenue Share, 2023 (%)
Figure 163 Cummins Inc.: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 164 Cummins Inc.: R&D, 2019-2023 (US$ Million, AGR%)
Figure 165 Toshiba Energy Systems & Solutions Corporation.: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 166 Toshiba Energy Systems & Solutions Corporation.: R&D, 2019-2023 (US$ Million, AGR%)
Figure 167 Toshiba Energy Systems & Solutions Corporation.: Regional Revenue Share, 2023 (%)
Figure 168 Toshiba Energy Systems & Solutions Corporation.: Business Segment Revenue Share, 2023 (%)
Figure 169 Aisin Corporation.: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 170 Aisin Corporation.: R&D, 2019-2023 (US$ Million, AGR%)
Figure 171 ITM Power plc.: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 172 ITM Power plc.: R&D, 2019-2023 (US$ Million, AGR%)
Figure 173 ITM Power plc.: Regional Revenue Share, 2023 (%)
Figure 174 ITM Power plc.: Business Segment Revenue Share, 2023 (%)
Figure 175 Panasonic Holdings Corporation.: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 176 Panasonic Holdings Corporation.: R&D, 2019-2023 (US$ Million, AGR%)
Figure 177 Panasonic Holdings Corporation.: Regional Revenue Share, 2023 (%)
Figure 178 Panasonic Holdings Corporation.: Business Segment Revenue Share, 2023 (%)
Figure 179 Bloom Energy.: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 180 Bloom Energy.: R&D, 2019-2023 (US$ Million, AGR%)
Figure 181 Bloom Energy.: Business Segment Revenue Share, 2023 (%)
Figure 182 Fuel Cell Energy, Inc..: Net Revenue, 2019-2023 (US$ Million, AGR%)
Figure 183 Fuel Cell Energy, Inc..: R&D, 2019-2023 (US$ Million, AGR%)
Figure 184 Fuel Cell Energy, Inc..: Regional Revenue Share, 2023 (%)

Companies Mentioned

  • Air Liquide S.A.
  • Aisin Corporation
  • Ballard Power Systems Inc.
  • Bloom Energy
  • Cummins Inc.
  • Fuel Cell Energy, Inc.
  • Hyundai Motor Company
  • ITM Power plc
  • Mitsubishi Heavy Industries, Ltd
  • Nel ASA
  • Nikola Corporation
  • Panasonic Holdings Corporation
  • Plug Power Inc.
  • Toshiba Energy Systems & Solutions Corporation
  • Toyota Motor Corporation
  • Abu Dhabi National Oil Co.
  • ActewAGL
  • Airbus
  • Ampol
  • Avia France
  • Beijing Mingyang Hydrogen Technology Co Ltd
  • Bharat Petroleum Corporation Limited (BPCL)
  • BP
  • BTE Inc.
  • Carlsun Energy
  • China Hydrogen Alliance
  • Clean Energy Group
  • CSIRO
  • Element 2,
  • Eletrobras
  • EnergyAustralia
  • EWE
  • FTXT Energy Technology
  • GE Vernova's Gas Power
  • HYmpulsion
  • Hyundai Motor Company
  • Jakson Green
  • JET H2 Energy
  • Korea Power Exchange
  • Lhyfe
  • Linde
  • Microsoft
  • MK West Group
  • Nanomaterial Chemistry and Technology
  • NatPower group
  • Neoen Australia
  • Panasonic Holdings Corporation
  • Pemex
  • Petrobras
  • Phelan Green Energy
  • Phillips 66
  • Plug Power
  • Plug Power Inc.
  • Repsol
  • Sasol
  • SENAI-ER
  • Shanghai Sinofuelcell
  • Shell
  • Solutions Corp
  • The Emirates National Oil Company
  • TheICCT.org
  • Toshiba Energy Systems
  • Toyota Motor Corporation
  • Wolftank Group
  • Asia-Pacific Hydrogen Association (APAC Hydrogen)
  • Australian Association for Hydrogen Energy (AAHE)
  • Brazilian Association for Hydrogen Energy (ABH2)
  • British Hydrogen Association (BHA)
  • Canadian Hydrogen and Fuel Cell Association (CHFCA)
  • China Hydrogen Energy Industry Association (CHEIA)
  • Cochin International Airport Ltd (CIAL)
  • European Hydrogen Association (EHA)
  • German Hydrogen and Fuel Cell Association (DWV)
  • Hydrogen and Fuel Cells Association of India (H2FC Association India)
  • Hydrogen and Fuel Cells Canada (HFCC)
  • Hydrogen Council
  • Hydrogen Europe
  • Hydrogen Society of Australia (H2SA)
  • Hydrogen Society of Japan (HSJ)
  • Hydrogen South Africa (HySA)
  • Hydrogen Technology & Energy Corporation (HTEC)
  • International Association for Hydrogen Energy (IAHE)
  • Japan Hydrogen Association (JH2A)
  • Korea Hydrogen Fuel Cell Industry Association
  • National Hydrogen Association (NHA)
  • PLN President Director Darmawan Prasodjo
  • PT Perusahaan Listrik Negara (PLN) Persero
  • Smart Energy Council
  • Society of Automotive Engineers of China
  • South Korean Hydrogen Association (SKHA)
  • Swinburne University's
  • The Greater Toronto Airports Authority (GTAA)
  • Toronto's Pearson International Airport
  • U.S Department of Energy

Related Topics

Related Reports

Hydrogen Infrastructure Market Report 2024-2034 - Product Image

Hydrogen Infrastructure Market Report 2024-2034

  • Report
  • 433 Pages
  • Global
From
Green Hydrogen Market Report 2024-2034 - Product Image

Green Hydrogen Market Report 2024-2034

  • Report
  • 417 Pages
  • Global
From
Hydrogen Fuel Cell Vehicle Market Report: Industry Size, Market Shares Data, Latest Trends, Insights, Growth Potential, CAGR Forecasts to 2034 - Product Image

Hydrogen Fuel Cell Vehicle Market Report: Industry Size, Market Shares Data, Latest Trends, Insights, Growth Potential, CAGR Forecasts to 2034

  • Report
  • 150 Pages
  • Global
From
Passenger Hydrogen Fuel Cell Vehicles Market Report: Industry Size, Market Shares Data, Latest Trends, Insights, Growth Potential, CAGR Forecasts to 2034 - Product Image

Passenger Hydrogen Fuel Cell Vehicles Market Report: Industry Size, Market Shares Data, Latest Trends, Insights, Growth Potential, CAGR Forecasts to 2034

  • Report
  • 151 Pages
  • Global
From
Hydrogen Fuel Cell Vehicle Market Report by Technology (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cell, and Others), Vehicle Type (Passenger Vehicle, Commercial Vehicle), and Region 2024-2032 - Product Image

Hydrogen Fuel Cell Vehicle Market Report by Technology (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cell, and Others), Vehicle Type (Passenger Vehicle, Commercial Vehicle), and Region 2024-2032

  • Report
  • 149 Pages
  • Global
From

About the Hydrogen Fuel Cell Market

The Hydrogen Fuel Cell market is a subset of the Fuel Cell market, which is a technology that converts chemical energy into electrical energy. Hydrogen Fuel Cells are a type of fuel cell that uses hydrogen as its fuel source. Hydrogen Fuel Cells are used in a variety of applications, including transportation, stationary power, and portable power. They are becoming increasingly popular due to their high efficiency and low emissions. Hydrogen Fuel Cells are becoming increasingly cost-effective, making them a viable option for many applications. They are also becoming more widely available, with many countries investing in the technology. Hydrogen Fuel Cells are also becoming more efficient, with advances in technology allowing for higher power output and longer lifespans. Some of the major companies in the Hydrogen Fuel Cell market include Ballard Power Systems, Plug Power, Hydrogenics, and FuelCell Energy. These companies are leading the way in the development and commercialization of Hydrogen Fuel Cells. Show Less Read more

Copyright © 2002-2024 Research and Markets. All Rights Reserved.