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Hydrogen Fuel Cell Market

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The study segments Hydrogen Fuel Cell industry in light of major classification such as product type, potential markets, application, and end-user. – PowerPoint PPT presentation

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Date added: 29 July 2020
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Title: Hydrogen Fuel Cell Market


1
Hydrogen Fuel Cell Market To Reach USD 49.5
Billion By 2027
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2
Market Summary
Increasing adoption of unconventional energy
sources by the end-use industries due to growing
concerns of fossil fuel depletion, growing
private-public partnerships in alternative fuel
developments, and concern for the environment are
key factors contributing to a high CAGR of the
hydrogen fuel cell market during the forecast
period. Market Size USD 10.5 Billion in 2019,
Market Growth - CAGR of 21.4, Market Trends
increasing demand from stationary and automotive
applications widening the scope for Hydrogen Fuel
Cell Market.The global Hydrogen Fuel Cell
market was valued at USD 10.49 Billion in 2018
and is projected to grow at a CAGR of 21.4 from
2019 to reach USD 49.52 Billion by the year 2026.
Hydrogen fuel cells are known to be used in a
broad range of applications like cars, buildings,
electronic devices, trucks, and/or backup power
systems. As those fuel cells can be
grid-independent, they are an attractive option
for critical load functions such as
telecommunication towers, data centers, emergency
response systems, hospitals, and even military
applications for national defense.
3
Our Approach
Market Summary
  • A Hydrogen fuel cell is a device that generates
    electrical power by a chemical reaction via
    conversion of fuel (hydrogen) into electricity.
    Although fuel cells are considered to be
    electrochemical cells and consist of similar
    structures, fuel cells require an uninterrupted
    source of oxygen and fuel to run, similar to how
    an internal combustion engine that needs a
    constant flow of gasoline or diesel.
  • Growth in demand for electric vehicles is driving
    the market for hydrogen fuel cells. An increase
    in carbon emissions has attracted the
    governments attention to the usage of electric
    vehicles. Another factor impacting the market is
    the growing concern for the environment. The
    over-exploitation of fossil fuels has created
    ecological concerns due to harmful gas emissions.
    The need for reduced dependence on oil and diesel
    are propelling the demand of the market.
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    https//www.reportsanddata.com/sample-enquiry-form
    /2061

4
Our Approach
Market Summary
  • Key participants include Toshiba Corporation,
    Panasonic Corporation, Materials Handling Inc.,
    Fuel cell Energy Inc., Intelligent Energy
    Limited, SFC Energy AG, Ballard Energy
    Corporation, Plug Power Inc., Bloom Energy
    Corporation, Hydrogenic Corporation
  • Product Type (Revenue, USD Million Volume in
    Megawatt, 20172027)
  • Liquid-Cooled Type
  • Air-Cooled Type
  • Technology Type (Revenue, USD Million Volume in
    Megawatt, 20172027)
  • Polymer Exchange Membrane Fuel Cells (PEMFC)
  • Phosphoric Acid Fuel Cells (PAFC)
  • Solid Oxide Fuel Cells (SOFC)
  • Direct Methanol Fuel Cells (DMFC)
  • Molten Carbonate Fuel Cells (MCFC)

5
Our Approach
Market Summary
  • Application (Revenue, USD Million Volume in
    Megawatt, 20172027)
  • Automotive
  • Stationary
  • Material Handling Equipment
  • Electricity
  • Portable Power
  • Regional Outlook (Revenue in USD Million Volume
    in Megawatt, 20172027)
  • North America
  • Europe
  • Asia Pacific
  • Middle East Africa
  • Latin America
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6
About Us
Our Approach
About Us
  • Reports and Data is a market research and
    consulting company that provides syndicated
    research reports, customized research reports,
    and consulting services. Our solutions purely
    focus on your purpose to locate, target and
    analyze consumer behavior shifts across
    demographics, across industries and help clients
    make a smarter business decision. We offer market
    intelligence studies ensuring relevant and
    fact-based research across a multiple industries
    including Healthcare, Technology, Chemicals,
    Power, and Energy. We consistently update our
    research offerings to ensure our clients are
    aware about the latest trends existent in the
    market. Reports and Data has a strong base of
    experienced analysts from varied areas of
    expertise.
  • Contact Us
  • John Watson
  • Head of Business Development
  • Reports And Data Web www.reportsanddata.com
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