Fuel Cells Market
Fuel Cells Market - Global Industry Assessment & Forecast
#
Pages:
142
Base Year:
2022
Apr - 2022
Format:
Report Code:
VMR-1509
Segments Covered
By
Type PEMFC, PAFC, AFC, MFC
-
By
Application Portable, Stationary, Transport
-
By
End User Fuel Cell Vehicles, Utilities, Defense
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 312.23 Million |
 Revenue 2030:
|
USD 1971.07 Million |
 Revenue CAGR
(2023 - 2030): |
25.90% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Fuel Cells Market Segment Analysis
- Fuel Cells Type Outlook (Revenue, USD Million, 2018 - 2030)
- PEMFC
- PAFC
- AFC
- MFC
- Fuel Cells Application Outlook (Revenue, USD Million, 2018 - 2030)
- Portable
- Stationary
- Transport
- Fuel Cells End User Outlook (Revenue, USD Million, 2018 - 2030)
- Fuel Cell Vehicles
- Utilities
- Defense
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
-
North America Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
-
North America Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- U.S.
- U.S. Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- U.S. Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- U.S. Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- U.S. Fuel Cells Market, by Type
- Canada
- Canada Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- Canada Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- Canada Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Canada Fuel Cells Market, by Type
-
Mexico
- Mexico Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- Mexico Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- Mexico Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Mexico Fuel Cells Market, by Type
-
North America Fuel Cells Market, by Type
- Europe
-
Europe Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
-
Europe Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
-
Europe Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- U. K.
- U.K. Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- U.K. Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- U.K. Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- U.K. Fuel Cells Market, by Type
- France
- France Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- France Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- France Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- France Fuel Cells Market, by Type
-
Germany
- Germany Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- Germany Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- Germany Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Germany Fuel Cells Market, by Type
-
Italy
- Italy Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- Italy Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- Italy Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Italy Fuel Cells Market, by Type
-
Spain
- Spain Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- Spain Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- Spain Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Spain Fuel Cells Market, by Type
-
Rest of Europe
- Rest of Europe Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- Rest of Europe Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- Rest of Europe Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Rest of Europe Fuel Cells Market, by Type
-
Europe Fuel Cells Market, by Type
- Asia Pacific
-
Asia Pacific Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
-
Asia Pacific Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
-
Asia Pacific Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- China
- China Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- China Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- China Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- China Fuel Cells Market, by Type
- Japan
- Japan Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- Japan Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- Japan Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Japan Fuel Cells Market, by Type
-
Germany
- Germany Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- Germany Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- Germany Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Germany Fuel Cells Market, by Type
-
India
- India Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- India Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- India Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- India Fuel Cells Market, by Type
-
South Korea
- South Korea Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- South Korea Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- South Korea Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- South Korea Fuel Cells Market, by Type
-
South East Asia
- South East Asia Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- South East Asia Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- South East Asia Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- South East Asia Fuel Cells Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- Rest of Asia Pacific Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- Rest of Asia Pacific Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Rest of Asia Pacific Fuel Cells Market, by Type
-
Asia Pacific Fuel Cells Market, by Type
- Latin America
-
Latin America Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
-
Latin America Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
-
Latin America Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Brazil
- Brazil Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- Brazil Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- Brazil Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Brazil Fuel Cells Market, by Type
- Argentina
- Argentina Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- Argentina Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- Argentina Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Argentina Fuel Cells Market, by Type
-
Rest of Latin America
- Rest of Latin America Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- Rest of Latin America Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- Rest of Latin America Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Rest of Latin America Fuel Cells Market, by Type
-
Latin America Fuel Cells Market, by Type
- Middle East & Africa
-
Middle East & Africa Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
-
Middle East & Africa Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
-
Middle East & Africa Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- GCC Countries
- GCC Countries Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- GCC Countries Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- GCC Countries Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- GCC Countries Fuel Cells Market, by Type
- South Africa
- South Africa Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- South Africa Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- South Africa Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- South Africa Fuel Cells Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Fuel Cells Market, by Type
- PEMFC
- PAFC
- AFC
- MFC
- Rest of Middle East & Africa Fuel Cells Market, by Application
- Portable
- Stationary
- Transport
- Rest of Middle East & Africa Fuel Cells Market, by End User
- Fuel Cell Vehicles
- Utilities
- Defense
- Rest of Middle East & Africa Fuel Cells Market, by Type
-
Middle East & Africa Fuel Cells Market, by Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Fuel Cells in terms of revenue?
-
The global Fuel Cells valued at USD 312.23 Million in 2022 and is expected to reach USD 1971.07 Million in 2030 growing at a CAGR of 25.90%.
Which are the prominent players in the market?
-
The prominent players in the market are Ballard Power Systems (Canada), Cummins (US), SFC Energy (Germany), Bloom Energy (US), Plug Power (US), Fuel Cell Energy (US), Horizon Fuel Cells, Mitsubishi Hitachi Power Systems, Intelligent Energy, Fuel Cell Energy, Toshiba Energy Systems, Solution Corporation.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 25.90% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Fuel Cells include
- Government subsidies for fuel cell programs
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Fuel Cells in 2022.
