Global Fuel Cells Market By Type (Polymer Electrolyte Membrane (PEM) Fuel Cells, Solid Oxide Fuel Cells (SOFC), Molten Carbonate Fuel Cells (MCFC), Phosphoric Acid Fuel Cells (PAFC), Alkaline Fuel Cells (AFC), Direct Methanol Fuel Cells (DMFC), Reversible Fuel Cell) By Source (Hydrogen, Methanol, Biogas, Natural Gas, Hydrocarbons) By Application (Transportation, Portable Power, Stationary Power) By Region (North America (U.S., Canada, Mexico, Rest Of North America), Europe (France, The UK, Spain, Germany, Italy, Denmark, Finland, Iceland, Sweden, Norway, Belgium, The Netherlands, Luxembourg, Rest of Europe), Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia, Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia, Rest of Asia Pacific, Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa) Latin America (Brazil, Argentina, Rest of Latin America)) - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2023 – 2031
In Terms of Revenue, the Global Fuel Cells Market was Worth US$ 2.9 Bn in 2022, Expanding at a CAGR of 27.8% over 2023 – 2031.
A fuel cell is a device that produces energy via an electrochemical process rather than combustion. Fuel cells are utilised in a number of applications today, including providing electricity to homes and companies, maintaining important facilities such as hospitals, grocery shops, and data centres, and moving a variety of vehicles such as automobiles, buses, trucks, forklifts, trains, and more. Fuel cell systems provide clean, efficient, dependable, and silent electricity. Fuel cells, unlike batteries, do not need to be recharged on a regular basis, but instead continue to create energy as long as a fuel supply is available.
Global Fuel Cells Market Challenge
While fuel cells offer various benefits, including clean energy generation and high efficiency, they can still be relatively expensive compared to other energy technologies, such as traditional fossil-fuel-based power generation and sources of renewable energy. The cost challenge is particularly prominent for certain types of fuel cells, such as polymer electrolyte membrane (PEM) fuel cells, which use expensive materials like platinum as catalysts. Thus, addressing the cost and competitiveness challenge is crucial for fuel cells to realize their full potential as a clean and sustainable energy solution and to gain broader market acceptance across various sectors. Thus, with the ongoing research and collaborations to overcome these hurdles will boost the growth of the global fuel cell market during the forecast period.
Global Fuel Cells Market Revenue & Forecast, (US$ Million), 2015 – 2031
The fuel cells market is classified into three categories based on application into stationery, transportation, and portable. Among these, the transport segment is projected to display the highest CAGR due to rising inclination toward clean transport and growing investments toward an emission free environment. Clean mobility is becoming more popular across various regions. Various nations are investing in a zero-emission environment, which is growing the transport segment even more. Major automotive manufacturers and technology companies are increasingly investing in fuel cell technology and FCEVs. This influx of investment has led to the development of more fuel cell models, improved infrastructure, and increased consumer awareness, leading to the overall growth of the global fuel cells market.
North America had the highest share in the fuel cells market in 2022. North America has been actively transitioning towards cleaner and more sustainable energy sources to reduce greenhouse gas emissions and combat climate change. Fuel cells, particularly hydrogen fuel cells, offer a viable solution for clean and low-emission energy generation in various sectors. Several countries in North America, including the United States and Canada, have shown increasing interest in fuel cell electric vehicles (FCEVs) as a cleaner alternative to conventional internal combustion engine vehicles. Automotive manufacturers and policymakers have been working to develop the necessary infrastructure and incentives to promote FCEVs' adoption.
During the forecast period, Europe region will also be a potential market for the growth of the global fuel cells market. As Europe has been at the forefront of the global effort to combat climate change. The European Green Deal, a comprehensive policy framework launched by the European Commission, aims to make Europe climate-neutral by 2050. Fuel cells and hydrogen technologies are identified as important components of this initiative to achieve a sustainable and carbon-free economy. Fuel cells, particularly hydrogen fuel cells, are seen as a key technology to enable the decarbonization of various sectors, including transportation, industry, and energy production.
Competitive Landscape
The report provides both, qualitative and quantitative research of global fuel cells market, as well as provides comprehensive insights and development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and details on the competitiveness of these players. Key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by these major market participants are also recognized and analyzed in the report. For each company, the report studies their global presence, competitors, service offerings and specification amongst others.
Some of the players operating in the global fuel cells market are:
- Alstom
- Ballard Power Systems.
- Bloom Energy
- Blue World Technologies ApS
- Doosan Fuel Cell Co., Ltd.
- ElringKlinger AG
- Intelligent Energy Limited
- Johnson Matthey
- Nedstack Fuel Cell Technology BV
- Nuvera Fuel Cells
- Plug Power Inc.
- SFC Energy AG
- SolydEra SpA
- TW Horizon Fuel Cell Technologies
- Other market participants
Global Fuel Cells Market
By Type
- Polymer Electrolyte Membrane (PEM) Fuel Cells
- Solid Oxide Fuel Cells (SOFC)
- Molten Carbonate Fuel Cells (MCFC)
- Phosphoric Acid Fuel Cells (PAFC)
- Alkaline Fuel Cells (AFC)
- Direct Methanol Fuel Cells (DMFC)
- Reversible Fuel Cells
By Source
- Hydrogen
- Methanol
- Biogas
- Natural Gas
- Hydrocarbons
By Application
- Transportation
- Portable Power
- Stationary Power
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
Table of Contents
1. Market Scope
1.1. Market
Segmentation
1.2. Years
Considered
1.2.1. Historic
Years: 2015 - 2021
1.2.2. Base
Year: 2022
1.2.3. Forecast
Years: 2023 – 2031
2. Key Target Audiences
3. Research Methodology
3.1. Primary
Research
3.1.1. Research
Questionnaire
3.1.2. Global
Percentage Breakdown
3.1.3. Primary
Interviews: Key Opinion Leaders (KOLs)
3.2. Secondary
Research
3.2.1. Paid
Databases
3.2.2. Secondary
Sources
3.3. Market
Size Estimates
3.3.1. Top-Down
Approach
3.3.2. Bottom-Up
Approach
3.4. Data
Triangulation Methodology
3.5. Research
Assumptions
4. Recommendations and Insights from AMI’s Perspective**
5. Holistic Overview of Fuel Cells Market
6. Market Synopsis: Fuel
Cells Market
7. Fuel Cells Market Analysis: Qualitative Perspective
7.1. Introduction
7.1.1. Product
Definition
7.1.2. Industry
Development
7.2. Market
Dynamics
7.2.1. Drivers
7.2.2. Restraints
7.2.3. Opportunities
7.3. Trends in
Fuel Cells Market
7.4. Market
Determinants Radar Chart
7.5. Macro-Economic
and Micro-Economic Indicators: Fuel Cells Market
7.6. Porter’s
Five Force Analysis
8. Global Fuel Cells Market Analysis and Forecasts, 2023 – 2031
8.1. Overview
8.1.1. Global
Fuel Cells Market Revenue (US$ Mn)
8.2. Global
Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Type
8.2.1. Polymer
Electrolyte Membrane (PEM) Fuel Cells
8.2.1.1. Definition
8.2.1.2. Market Estimation and Penetration, 2015 - 2022
8.2.1.3. Market Forecast, 2023 - 2031
8.2.1.4. Compound Annual Growth Rate (CAGR)
8.2.1.5. Regional Bifurcation
8.2.1.5.1. North America
8.2.1.5.1.1. Market
Estimation, 2015 - 2022
8.2.1.5.1.2. Market
Forecast, 2023 - 2031
8.2.1.5.2. Europe
8.2.1.5.2.1. Market
Estimation, 2015 - 2022
8.2.1.5.2.2. Market
Forecast, 2023 - 2031
8.2.1.5.3. Asia Pacific
8.2.1.5.3.1. Market
Estimation, 2015 - 2022
8.2.1.5.3.2. Market
Forecast, 2023 - 2031
8.2.1.5.4. Middle East and Africa
8.2.1.5.4.1. Market
Estimation, 2015 - 2022
8.2.1.5.4.2. Market
Forecast, 2023 - 2031
8.2.1.5.5. Latin America
8.2.1.5.5.1. Market
Estimation, 2015 - 2022
8.2.1.5.5.2. Market
Forecast, 2023 - 2031
8.2.2. Solid
Oxide Fuel Cells (SOFC)
8.2.2.1. Definition
8.2.2.2. Market Estimation and Penetration, 2015 - 2022
8.2.2.3. Market Forecast, 2023 - 2031
8.2.2.4. Compound Annual Growth Rate (CAGR)
8.2.2.5. Regional Bifurcation
8.2.2.5.1. North America
8.2.2.5.1.1. Market
Estimation, 2015 - 2022
8.2.2.5.1.2. Market
Forecast, 2023 - 2031
8.2.2.5.2. Europe
8.2.2.5.2.1. Market
Estimation, 2015 - 2022
8.2.2.5.2.2. Market
Forecast, 2023 - 2031
8.2.2.5.3. Asia Pacific
8.2.2.5.3.1. Market
Estimation, 2015 - 2022
8.2.2.5.3.2. Market
Forecast, 2023 - 2031
8.2.2.5.4. Middle East and Africa
8.2.2.5.4.1. Market
Estimation, 2015 - 2022
8.2.2.5.4.2. Market
Forecast, 2023 - 2031
8.2.2.5.5. Latin America
8.2.2.5.5.1. Market
Estimation, 2015 - 2022
8.2.2.5.5.2. Market
Forecast, 2023 - 2031
8.2.3. Molten
Carbonate Fuel Cells (MCFC)
8.2.3.1. Definition
8.2.3.2. Market Estimation and Penetration, 2015 - 2022
8.2.3.3. Market Forecast, 2023 - 2031
8.2.3.4. Compound Annual Growth Rate (CAGR)
8.2.3.5. Regional Bifurcation
8.2.3.5.1. North America
8.2.3.5.1.1. Market
Estimation, 2015 - 2022
8.2.3.5.1.2. Market
Forecast, 2023 - 2031
8.2.3.5.2. Europe
8.2.3.5.2.1. Market
Estimation, 2015 - 2022
8.2.3.5.2.2. Market
Forecast, 2023 - 2031
8.2.3.5.3. Asia Pacific
8.2.3.5.3.1. Market
Estimation, 2015 - 2022
8.2.3.5.3.2. Market
Forecast, 2023 - 2031
8.2.3.5.4. Middle East and Africa
8.2.3.5.4.1. Market
Estimation, 2015 - 2022
8.2.3.5.4.2. Market
Forecast, 2023 - 2031
8.2.3.5.5. Latin America
8.2.3.5.5.1. Market
Estimation, 2015 - 2022
8.2.3.5.5.2. Market
Forecast, 2023 - 2031
8.2.4. Phosphoric
Acid Fuel Cells (PAFC)
8.2.4.1. Definition
8.2.4.2. Market Estimation and Penetration, 2015 - 2022
8.2.4.3. Market Forecast, 2023 - 2031
8.2.4.4. Compound Annual Growth Rate (CAGR)
8.2.4.5. Regional Bifurcation
8.2.4.5.1. North America
8.2.4.5.1.1. Market
Estimation, 2015 - 2022
8.2.4.5.1.2. Market
Forecast, 2023 - 2031
8.2.4.5.2. Europe
8.2.4.5.2.1. Market
Estimation, 2015 - 2022
8.2.4.5.2.2. Market
Forecast, 2023 - 2031
8.2.4.5.3. Asia Pacific
8.2.4.5.3.1. Market
Estimation, 2015 - 2022
8.2.4.5.3.2. Market
Forecast, 2023 - 2031
8.2.4.5.4. Middle East and Africa
8.2.4.5.4.1. Market
Estimation, 2015 - 2022
8.2.4.5.4.2. Market
Forecast, 2023 - 2031
8.2.4.5.5. Latin America
8.2.4.5.5.1. Market
Estimation, 2015 - 2022
8.2.4.5.5.2. Market
Forecast, 2023 - 2031
8.2.5. Alkaline
Fuel Cells (AFC)
8.2.5.1. Definition
8.2.5.2. Market Estimation and Penetration, 2015 - 2022
8.2.5.3. Market Forecast, 2023 - 2031
8.2.5.4. Compound Annual Growth Rate (CAGR)
8.2.5.5. Regional Bifurcation
8.2.5.5.1. North America
8.2.5.5.1.1. Market
Estimation, 2015 - 2022
8.2.5.5.1.2. Market
Forecast, 2023 - 2031
8.2.5.5.2. Europe
8.2.5.5.2.1. Market
Estimation, 2015 - 2022
8.2.5.5.2.2. Market
Forecast, 2023 - 2031
8.2.5.5.3. Asia Pacific
8.2.5.5.3.1. Market
Estimation, 2015 - 2022
8.2.5.5.3.2. Market
Forecast, 2023 - 2031
8.2.5.5.4. Middle East and Africa
8.2.5.5.4.1. Market
Estimation, 2015 - 2022
8.2.5.5.4.2. Market
Forecast, 2023 - 2031
8.2.5.5.5. Latin America
8.2.5.5.5.1. Market
Estimation, 2015 - 2022
8.2.5.5.5.2. Market
Forecast, 2023 - 2031
8.2.6. Direct
Methanol Fuel Cells (DMFC)
8.2.6.1. Definition
8.2.6.2. Market Estimation and Penetration, 2015 - 2022
8.2.6.3. Market Forecast, 2023 - 2031
8.2.6.4. Compound Annual Growth Rate (CAGR)
8.2.6.5. Regional Bifurcation
8.2.6.5.1. North America
8.2.6.5.1.1. Market
Estimation, 2015 - 2022
8.2.6.5.1.2. Market
Forecast, 2023 - 2031
8.2.6.5.2. Europe
8.2.6.5.2.1. Market
Estimation, 2015 - 2022
8.2.6.5.2.2. Market
Forecast, 2023 - 2031
8.2.6.5.3. Asia Pacific
8.2.6.5.3.1. Market
Estimation, 2015 - 2022
8.2.6.5.3.2. Market
Forecast, 2023 - 2031
8.2.6.5.4. Middle East and Africa
8.2.6.5.4.1. Market
Estimation, 2015 - 2022
8.2.6.5.4.2. Market
Forecast, 2023 - 2031
8.2.6.5.5. Latin America
8.2.6.5.5.1. Market
Estimation, 2015 - 2022
8.2.6.5.5.2. Market
Forecast, 2023 - 2031
8.2.7. Reversible
Fuel Cells
8.2.7.1. Definition
8.2.7.2. Market Estimation and Penetration, 2015 - 2022
8.2.7.3. Market Forecast, 2023 - 2031
8.2.7.4. Compound Annual Growth Rate (CAGR)
8.2.7.5. Regional Bifurcation
8.2.7.5.1. North America
8.2.7.5.1.1. Market
Estimation, 2015 - 2022
8.2.7.5.1.2. Market
Forecast, 2023 - 2031
8.2.7.5.2. Europe
8.2.7.5.2.1. Market
Estimation, 2015 - 2022
8.2.7.5.2.2. Market
Forecast, 2023 - 2031
8.2.7.5.3. Asia Pacific
8.2.7.5.3.1. Market
Estimation, 2015 - 2022
8.2.7.5.3.2. Market
Forecast, 2023 - 2031
8.2.7.5.4. Middle East and Africa
8.2.7.5.4.1. Market
Estimation, 2015 - 2022
8.2.7.5.4.2. Market
Forecast, 2023 - 2031
8.2.7.5.5. Latin America
8.2.7.5.5.1. Market
Estimation, 2015 - 2022
8.2.7.5.5.2. Market
Forecast, 2023 - 2031
8.3. Key
Segment for Channeling Investments
8.3.1. By Type
9. Global Fuel Cells Market Analysis and Forecasts, 2023 – 2031
9.1. Overview
9.2. Global
Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Source
9.2.1. Hydrogen
9.2.1.1. Definition
9.2.1.2. Market Estimation and Penetration, 2015 - 2022
9.2.1.3. Market Forecast, 2023 - 2031
9.2.1.4. Compound Annual Growth Rate (CAGR)
9.2.1.5. Regional Bifurcation
9.2.1.5.1. North America
9.2.1.5.1.1. Market
Estimation, 2015 - 2022
9.2.1.5.1.2. Market
Forecast, 2023 - 2031
9.2.1.5.2. Europe
9.2.1.5.2.1. Market
Estimation, 2015 - 2022
9.2.1.5.2.2. Market
Forecast, 2023 - 2031
9.2.1.5.3. Asia Pacific
9.2.1.5.3.1. Market
Estimation, 2015 - 2022
9.2.1.5.3.2. Market
Forecast, 2023 - 2031
9.2.1.5.4. Middle East and Africa
9.2.1.5.4.1. Market
Estimation, 2015 - 2022
9.2.1.5.4.2. Market
Forecast, 2023 - 2031
9.2.1.5.5. Latin America
9.2.1.5.5.1. Market
Estimation, 2015 - 2022
9.2.1.5.5.2. Market
Forecast, 2023 - 2031
9.2.2. Methanol
9.2.2.1. Definition
9.2.2.2. Market Estimation and Penetration, 2015 - 2022
9.2.2.3. Market Forecast, 2023 - 2031
9.2.2.4. Compound Annual Growth Rate (CAGR)
9.2.2.5. Regional Bifurcation
9.2.2.5.1. North America
9.2.2.5.1.1. Market
Estimation, 2015 - 2022
9.2.2.5.1.2. Market
Forecast, 2023 - 2031
9.2.2.5.2. Europe
9.2.2.5.2.1. Market
Estimation, 2015 - 2022
9.2.2.5.2.2. Market
Forecast, 2023 - 2031
9.2.2.5.3. Asia Pacific
9.2.2.5.3.1. Market
Estimation, 2015 - 2022
9.2.2.5.3.2. Market
Forecast, 2023 - 2031
9.2.2.5.4. Middle East and Africa
9.2.2.5.4.1. Market
Estimation, 2015 - 2022
9.2.2.5.4.2. Market
Forecast, 2023 - 2031
9.2.2.5.5. Latin America
9.2.2.5.5.1. Market
Estimation, 2015 - 2022
9.2.2.5.5.2. Market
Forecast, 2023 - 2031
9.2.3. Biogas
9.2.3.1. Definition
9.2.3.2. Market Estimation and Penetration, 2015 - 2022
9.2.3.3. Market Forecast, 2023 - 2031
9.2.3.4. Compound Annual Growth Rate (CAGR)
9.2.3.5. Regional Bifurcation
9.2.3.5.1. North America
9.2.3.5.1.1. Market
Estimation, 2015 - 2022
9.2.3.5.1.2. Market
Forecast, 2023 - 2031
9.2.3.5.2. Europe
9.2.3.5.2.1. Market
Estimation, 2015 - 2022
9.2.3.5.2.2. Market
Forecast, 2023 - 2031
9.2.3.5.3. Asia Pacific
9.2.3.5.3.1. Market
Estimation, 2015 - 2022
9.2.3.5.3.2. Market
Forecast, 2023 - 2031
9.2.3.5.4. Middle East and Africa
9.2.3.5.4.1. Market
Estimation, 2015 - 2022
9.2.3.5.4.2. Market
Forecast, 2023 - 2031
9.2.3.5.5. Latin America
9.2.3.5.5.1. Market
Estimation, 2015 - 2022
9.2.3.5.5.2. Market
Forecast, 2023 - 2031
9.2.4. Natural
Gas
9.2.4.1. Definition
9.2.4.2. Market Estimation and Penetration, 2015 - 2022
9.2.4.3. Market Forecast, 2023 - 2031
9.2.4.4. Compound Annual Growth Rate (CAGR)
9.2.4.5. Regional Bifurcation
9.2.4.5.1. North America
9.2.4.5.1.1. Market
Estimation, 2015 - 2022
9.2.4.5.1.2. Market
Forecast, 2023 - 2031
9.2.4.5.2. Europe
9.2.4.5.2.1. Market
Estimation, 2015 - 2022
9.2.4.5.2.2. Market
Forecast, 2023 - 2031
9.2.4.5.3. Asia Pacific
9.2.4.5.3.1. Market
Estimation, 2015 - 2022
9.2.4.5.3.2. Market
Forecast, 2023 - 2031
9.2.4.5.4. Middle East and Africa
9.2.4.5.4.1. Market
Estimation, 2015 - 2022
9.2.4.5.4.2. Market
Forecast, 2023 - 2031
9.2.4.5.5. Latin America
9.2.4.5.5.1. Market
Estimation, 2015 - 2022
9.2.4.5.5.2. Market
Forecast, 2023 - 2031
9.2.5. Hydrocarbons
9.2.5.1. Definition
9.2.5.2. Market Estimation and Penetration, 2015 - 2022
9.2.5.3. Market Forecast, 2023 - 2031
9.2.5.4. Compound Annual Growth Rate (CAGR)
9.2.5.5. Regional Bifurcation
9.2.5.5.1. North America
9.2.5.5.1.1. Market
Estimation, 2015 - 2022
9.2.5.5.1.2. Market
Forecast, 2023 - 2031
9.2.5.5.2. Europe
9.2.5.5.2.1. Market
Estimation, 2015 - 2022
9.2.5.5.2.2. Market
Forecast, 2023 - 2031
9.2.5.5.3. Asia Pacific
9.2.5.5.3.1. Market
Estimation, 2015 - 2022
9.2.5.5.3.2. Market
Forecast, 2023 - 2031
9.2.5.5.4. Middle East and Africa
9.2.5.5.4.1. Market
Estimation, 2015 - 2022
9.2.5.5.4.2. Market
Forecast, 2023 - 2031
9.2.5.5.5. Latin America
9.2.5.5.5.1. Market
Estimation, 2015 - 2022
9.2.5.5.5.2. Market
Forecast, 2023 - 2031
9.3. Key
Segment for Channeling Investments
9.3.1. By
Source
10. Global Fuel Cells Market Analysis and Forecasts, 2023 – 2031
10.1. Overview
10.2. Global
Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Application
10.2.1. Transportation
10.2.1.1. Definition
10.2.1.2. Market Estimation and Penetration, 2015 - 2022
10.2.1.3. Market Forecast, 2023 - 2031
10.2.1.4. Compound Annual Growth Rate (CAGR)
10.2.1.5. Regional Bifurcation
10.2.1.5.1. North America
10.2.1.5.1.1. Market
Estimation, 2015 - 2022
10.2.1.5.1.2. Market
Forecast, 2023 - 2031
10.2.1.5.2. Europe
10.2.1.5.2.1. Market
Estimation, 2015 - 2022
10.2.1.5.2.2. Market
Forecast, 2023 - 2031
10.2.1.5.3. Asia Pacific
10.2.1.5.3.1. Market
Estimation, 2015 - 2022
10.2.1.5.3.2. Market
Forecast, 2023 - 2031
10.2.1.5.4. Middle East and Africa
10.2.1.5.4.1. Market
Estimation, 2015 - 2022
10.2.1.5.4.2. Market
Forecast, 2023 - 2031
10.2.1.5.5. Latin America
10.2.1.5.5.1. Market
Estimation, 2015 - 2022
10.2.1.5.5.2. Market
Forecast, 2023 - 2031
10.2.2. Portable
Power
10.2.2.1. Definition
10.2.2.2. Market Estimation and Penetration, 2015 - 2022
10.2.2.3. Market Forecast, 2023 - 2031
10.2.2.4. Compound Annual Growth Rate (CAGR)
10.2.2.5. Regional Bifurcation
10.2.2.5.1. North America
10.2.2.5.1.1. Market
Estimation, 2015 - 2022
10.2.2.5.1.2. Market
Forecast, 2023 - 2031
10.2.2.5.2. Europe
10.2.2.5.2.1. Market
Estimation, 2015 - 2022
10.2.2.5.2.2. Market
Forecast, 2023 - 2031
10.2.2.5.3. Asia Pacific
10.2.2.5.3.1. Market
Estimation, 2015 - 2022
10.2.2.5.3.2. Market
Forecast, 2023 - 2031
10.2.2.5.4. Middle East and Africa
10.2.2.5.4.1. Market
Estimation, 2015 - 2022
10.2.2.5.4.2. Market
Forecast, 2023 - 2031
10.2.2.5.5. Latin America
10.2.2.5.5.1. Market
Estimation, 2015 - 2022
10.2.2.5.5.2. Market
Forecast, 2023 - 2031
10.2.3. Stationary
Power
10.2.3.1. Definition
10.2.3.2. Market Estimation and Penetration, 2015 - 2022
10.2.3.3. Market Forecast, 2023 - 2031
10.2.3.4. Compound Annual Growth Rate (CAGR)
10.2.3.5. Regional Bifurcation
10.2.3.5.1. North America
10.2.3.5.1.1. Market
Estimation, 2015 - 2022
10.2.3.5.1.2. Market
Forecast, 2023 - 2031
10.2.3.5.2. Europe
10.2.3.5.2.1. Market
Estimation, 2015 - 2022
10.2.3.5.2.2. Market
Forecast, 2023 - 2031
10.2.3.5.3. Asia Pacific
10.2.3.5.3.1. Market
Estimation, 2015 - 2022
10.2.3.5.3.2. Market
Forecast, 2023 - 2031
10.2.3.5.4. Middle East and Africa
10.2.3.5.4.1. Market
Estimation, 2015 - 2022
10.2.3.5.4.2. Market
Forecast, 2023 - 2031
10.2.3.5.5. Latin America
10.2.3.5.5.1. Market
Estimation, 2015 - 2022
10.2.3.5.5.2. Market
Forecast, 2023 - 2031
10.3. Key
Segment for Channeling Investments
10.3.1. By Application
11. North America Fuel Cells Market Analysis and Forecasts, 2023
– 2031
11.1. Overview
11.1.1. North
America Fuel Cells Market Revenue (US$ Mn)
11.2. North
America Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Type
11.2.1. Polymer
Electrolyte Membrane (PEM) Fuel Cells
11.2.2. Solid
Oxide Fuel Cells (SOFC)
11.2.3. Molten
Carbonate Fuel Cells (MCFC)
11.2.4. Phosphoric
Acid Fuel Cells (PAFC)
11.2.5. Alkaline
Fuel Cells (AFC)
11.2.6. Direct
Methanol Fuel Cells (DMFC)
11.2.7. Reversible
Fuel Cells
11.3. North
America Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Source
11.3.1. Hydrogen
11.3.2. Methanol
11.3.3. Biogas
11.3.4. Natural
Gas
11.3.5. Hydrocarbons
11.4. North
America Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Application
11.4.1. Transportation
11.4.2. Portable
Power
11.4.3. Stationary
Power
11.5. North
America Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Country
11.5.1. U.S
11.5.1.1. U.S Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Type
11.5.1.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
11.5.1.1.2. Solid Oxide Fuel Cells (SOFC)
11.5.1.1.3. Molten Carbonate Fuel Cells (MCFC)
11.5.1.1.4. Phosphoric Acid Fuel Cells (PAFC)
11.5.1.1.5. Alkaline Fuel Cells (AFC)
11.5.1.1.6. Direct Methanol Fuel Cells (DMFC)
11.5.1.1.7. Reversible Fuel Cells
11.5.1.2. U.S Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
11.5.1.2.1. Hydrogen
11.5.1.2.2. Methanol
11.5.1.2.3. Biogas
11.5.1.2.4. Natural Gas
11.5.1.2.5. Hydrocarbons
11.5.1.3. U.S Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Application
11.5.1.3.1. Transportation
11.5.1.3.2. Portable Power
11.5.1.3.3. Stationary Power
11.5.2. Canada
11.5.2.1. Canada Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
11.5.2.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
11.5.2.1.2. Solid Oxide Fuel Cells (SOFC)
11.5.2.1.3. Molten Carbonate Fuel Cells (MCFC)
11.5.2.1.4. Phosphoric Acid Fuel Cells (PAFC)
11.5.2.1.5. Alkaline Fuel Cells (AFC)
11.5.2.1.6. Direct Methanol Fuel Cells (DMFC)
11.5.2.1.7. Reversible Fuel Cells
11.5.2.2. Canada Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
11.5.2.2.1. Hydrogen
11.5.2.2.2. Methanol
11.5.2.2.3. Biogas
11.5.2.2.4. Natural Gas
11.5.2.2.5. Hydrocarbons
11.5.2.3. Canada Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
11.5.2.3.1. Transportation
11.5.2.3.2. Portable Power
11.5.2.3.3. Stationary Power
11.5.3. Mexico
11.5.3.1. Mexico Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
11.5.3.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
11.5.3.1.2. Solid Oxide Fuel Cells (SOFC)
11.5.3.1.3. Molten Carbonate Fuel Cells (MCFC)
11.5.3.1.4. Phosphoric Acid Fuel Cells (PAFC)
11.5.3.1.5. Alkaline Fuel Cells (AFC)
11.5.3.1.6. Direct Methanol Fuel Cells (DMFC)
11.5.3.1.7. Reversible Fuel Cells
11.5.3.2. Mexico Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
11.5.3.2.1. Hydrogen
11.5.3.2.2. Methanol
11.5.3.2.3. Biogas
11.5.3.2.4. Natural Gas
11.5.3.2.5. Hydrocarbons
11.5.3.3. Mexico Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
11.5.3.3.1. Transportation
11.5.3.3.2. Portable Power
11.5.3.3.3. Stationary Power
11.5.4. Rest of
North America
11.5.4.1. Rest of North America Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Type
11.5.4.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
11.5.4.1.2. Solid Oxide Fuel Cells (SOFC)
11.5.4.1.3. Molten Carbonate Fuel Cells (MCFC)
11.5.4.1.4. Phosphoric Acid Fuel Cells (PAFC)
11.5.4.1.5. Alkaline Fuel Cells (AFC)
11.5.4.1.6. Direct Methanol Fuel Cells (DMFC)
11.5.4.1.7. Reversible Fuel Cells
11.5.4.2. Rest of North America Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Source
11.5.4.2.1. Hydrogen
11.5.4.2.2. Methanol
11.5.4.2.3. Biogas
11.5.4.2.4. Natural Gas
11.5.4.2.5. Hydrocarbons
11.5.4.3. Rest of North America Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Application
11.5.4.3.1. Transportation
11.5.4.3.2. Portable Power
11.5.4.3.3. Stationary Power
11.6. Key
Segment for Channeling Investments
11.6.1. By
Country
11.6.2. By Type
11.6.3. By
Source
11.6.4. By Application
12. Europe Fuel Cells Market Analysis and Forecasts, 2023 – 2031
12.1. Overview
12.1.1. Europe
Fuel Cells Market Revenue (US$ Mn)
12.2. Europe
Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Type
12.2.1. Polymer
Electrolyte Membrane (PEM) Fuel Cells
12.2.2. Solid
Oxide Fuel Cells (SOFC)
12.2.3. Molten
Carbonate Fuel Cells (MCFC)
12.2.4. Phosphoric
Acid Fuel Cells (PAFC)
12.2.5. Alkaline
Fuel Cells (AFC)
12.2.6. Direct
Methanol Fuel Cells (DMFC)
12.2.7. Reversible
Fuel Cells
12.3. Europe
Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Source
12.3.1. Hydrogen
12.3.2. Methanol
12.3.3. Biogas
12.3.4. Natural
Gas
12.3.5. Hydrocarbons
12.4. Europe
Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Application
12.4.1. Transportation
12.4.2. Portable
Power
12.4.3. Stationary
Power
12.5. Europe
Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Country
12.5.1. France
12.5.1.1. France Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
12.5.1.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
12.5.1.1.2. Solid Oxide Fuel Cells (SOFC)
12.5.1.1.3. Molten Carbonate Fuel Cells (MCFC)
12.5.1.1.4. Phosphoric Acid Fuel Cells (PAFC)
12.5.1.1.5. Alkaline Fuel Cells (AFC)
12.5.1.1.6. Direct Methanol Fuel Cells (DMFC)
12.5.1.1.7. Reversible Fuel Cells
12.5.1.2. France Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
12.5.1.2.1. Hydrogen
12.5.1.2.2. Methanol
12.5.1.2.3. Biogas
12.5.1.2.4. Natural Gas
12.5.1.2.5. Hydrocarbons
12.5.1.3. France Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
12.5.1.3.1. Transportation
12.5.1.3.2. Portable Power
12.5.1.3.3. Stationary Power
12.5.2. The UK
12.5.2.1. The UK Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
12.5.2.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
12.5.2.1.2. Solid Oxide Fuel Cells (SOFC)
12.5.2.1.3. Molten Carbonate Fuel Cells (MCFC)
12.5.2.1.4. Phosphoric Acid Fuel Cells (PAFC)
12.5.2.1.5. Alkaline Fuel Cells (AFC)
12.5.2.1.6. Direct Methanol Fuel Cells (DMFC)
12.5.2.1.7. Reversible Fuel Cells
12.5.2.2. The UK Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
12.5.2.2.1. Hydrogen
12.5.2.2.2. Methanol
12.5.2.2.3. Biogas
12.5.2.2.4. Natural Gas
12.5.2.2.5. Hydrocarbons
12.5.2.3. The UK Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
12.5.2.3.1. Transportation
12.5.2.3.2. Portable Power
12.5.2.3.3. Stationary Power
12.5.3. Spain
12.5.3.1. Spain Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
12.5.3.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
12.5.3.1.2. Solid Oxide Fuel Cells (SOFC)
12.5.3.1.3. Molten Carbonate Fuel Cells (MCFC)
12.5.3.1.4. Phosphoric Acid Fuel Cells (PAFC)
12.5.3.1.5. Alkaline Fuel Cells (AFC)
12.5.3.1.6. Direct Methanol Fuel Cells (DMFC)
12.5.3.1.7. Reversible Fuel Cells
12.5.3.2. Spain Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
12.5.3.2.1. Hydrogen
12.5.3.2.2. Methanol
12.5.3.2.3. Biogas
12.5.3.2.4. Natural Gas
12.5.3.2.5. Hydrocarbons
12.5.3.3. Spain Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
12.5.3.3.1. Transportation
12.5.3.3.2. Portable Power
12.5.3.3.3. Stationary Power
12.5.4. Germany
12.5.4.1. Germany Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
12.5.4.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
12.5.4.1.2. Solid Oxide Fuel Cells (SOFC)
12.5.4.1.3. Molten Carbonate Fuel Cells (MCFC)
12.5.4.1.4. Phosphoric Acid Fuel Cells (PAFC)
12.5.4.1.5. Alkaline Fuel Cells (AFC)
12.5.4.1.6. Direct Methanol Fuel Cells (DMFC)
12.5.4.1.7. Reversible Fuel Cells
12.5.4.2. Germany Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
12.5.4.2.1. Hydrogen
12.5.4.2.2. Methanol
12.5.4.2.3. Biogas
12.5.4.2.4. Natural Gas
12.5.4.2.5. Hydrocarbons
12.5.4.3. Germany Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
12.5.4.3.1. Transportation
12.5.4.3.2. Portable Power
12.5.4.3.3. Stationary Power
12.5.5. Italy
12.5.5.1. Italy Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
12.5.5.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
12.5.5.1.2. Solid Oxide Fuel Cells (SOFC)
12.5.5.1.3. Molten Carbonate Fuel Cells (MCFC)
12.5.5.1.4. Phosphoric Acid Fuel Cells (PAFC)
12.5.5.1.5. Alkaline Fuel Cells (AFC)
12.5.5.1.6. Direct Methanol Fuel Cells (DMFC)
12.5.5.1.7. Reversible Fuel Cells
12.5.5.2. Italy Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
12.5.5.2.1. Hydrogen
12.5.5.2.2. Methanol
12.5.5.2.3. Biogas
12.5.5.2.4. Natural Gas
12.5.5.2.5. Hydrocarbons
12.5.5.3. Italy Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
12.5.5.3.1. Transportation
12.5.5.3.2. Portable Power
12.5.5.3.3. Stationary Power
12.5.6. Nordic
Countries
12.5.6.1. Nordic Countries Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Type
12.5.6.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
12.5.6.1.2. Solid Oxide Fuel Cells (SOFC)
12.5.6.1.3. Molten Carbonate Fuel Cells (MCFC)
12.5.6.1.4. Phosphoric Acid Fuel Cells (PAFC)
12.5.6.1.5. Alkaline Fuel Cells (AFC)
12.5.6.1.6. Direct Methanol Fuel Cells (DMFC)
12.5.6.1.7. Reversible Fuel Cells
12.5.6.2. Nordic Countries Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Source
12.5.6.2.1. Hydrogen
12.5.6.2.2. Methanol
12.5.6.2.3. Biogas
12.5.6.2.4. Natural Gas
12.5.6.2.5. Hydrocarbons
12.5.6.3. Nordic Countries Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Application
12.5.6.3.1. Transportation
12.5.6.3.2. Portable Power
12.5.6.3.3. Stationary Power
12.5.6.4. Nordic Countries Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Country
12.5.6.4.1. Denmark
12.5.6.4.2. Finland
12.5.6.4.3. Iceland
12.5.6.4.4. Sweden
12.5.6.4.5. Norway
12.5.7. Benelux
Union
12.5.7.1. Benelux Union Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Type
12.5.7.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
12.5.7.1.2. Solid Oxide Fuel Cells (SOFC)
12.5.7.1.3. Molten Carbonate Fuel Cells (MCFC)
12.5.7.1.4. Phosphoric Acid Fuel Cells (PAFC)
12.5.7.1.5. Alkaline Fuel Cells (AFC)
12.5.7.1.6. Direct Methanol Fuel Cells (DMFC)
12.5.7.1.7. Reversible Fuel Cells
12.5.7.2. Benelux Union Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Source
12.5.7.2.1. Hydrogen
12.5.7.2.2. Methanol
12.5.7.2.3. Biogas
12.5.7.2.4. Natural Gas
12.5.7.2.5. Hydrocarbons
12.5.7.3. Benelux Union Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Application
12.5.7.3.1. Transportation
12.5.7.3.2. Portable Power
12.5.7.3.3. Stationary Power
12.5.7.4. Benelux Union Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Country
12.5.7.4.1. Belgium
12.5.7.4.2. The Netherlands
12.5.7.4.3. Luxembourg
12.5.8. Rest of
Europe
12.5.8.1. Rest of Europe Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Type
12.5.8.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
12.5.8.1.2. Solid Oxide Fuel Cells (SOFC)
12.5.8.1.3. Molten Carbonate Fuel Cells (MCFC)
12.5.8.1.4. Phosphoric Acid Fuel Cells (PAFC)
12.5.8.1.5. Alkaline Fuel Cells (AFC)
12.5.8.1.6. Direct Methanol Fuel Cells (DMFC)
12.5.8.1.7. Reversible Fuel Cells
12.5.8.2. Rest of Europe Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Source
12.5.8.2.1. Hydrogen
12.5.8.2.2. Methanol
12.5.8.2.3. Biogas
12.5.8.2.4. Natural Gas
12.5.8.2.5. Hydrocarbons
12.5.8.3. Rest of Europe Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Application
12.5.8.3.1. Transportation
12.5.8.3.2. Portable Power
12.5.8.3.3. Stationary Power
12.6. Key
Segment for Channeling Investments
12.6.1. By
Country
12.6.2. By Type
12.6.3. By
Source
12.6.4. By Application
13. Asia Pacific Fuel Cells Market Analysis and Forecasts, 2023 –
2031
13.1. Overview
13.1.1. Asia
Pacific Fuel Cells Market Revenue (US$ Mn)
13.2. Asia
Pacific Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Type
13.2.1. Polymer
Electrolyte Membrane (PEM) Fuel Cells
13.2.2. Solid
Oxide Fuel Cells (SOFC)
13.2.3. Molten
Carbonate Fuel Cells (MCFC)
13.2.4. Phosphoric
Acid Fuel Cells (PAFC)
13.2.5. Alkaline
Fuel Cells (AFC)
13.2.6. Direct
Methanol Fuel Cells (DMFC)
13.2.7. Reversible
Fuel Cells
13.3. Asia
Pacific Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Source
13.3.1. Hydrogen
13.3.2. Methanol
13.3.3. Biogas
13.3.4. Natural
Gas
13.3.5. Hydrocarbons
13.4. Asia
Pacific Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Application
13.4.1. Transportation
13.4.2. Portable
Power
13.4.3. Stationary
Power
13.5. Asia
Pacific Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Country
13.5.1. China
13.5.1.1. China Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
13.5.1.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
13.5.1.1.2. Solid Oxide Fuel Cells (SOFC)
13.5.1.1.3. Molten Carbonate Fuel Cells (MCFC)
13.5.1.1.4. Phosphoric Acid Fuel Cells (PAFC)
13.5.1.1.5. Alkaline Fuel Cells (AFC)
13.5.1.1.6. Direct Methanol Fuel Cells (DMFC)
13.5.1.1.7. Reversible Fuel Cells
13.5.1.2. China Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
13.5.1.2.1. Hydrogen
13.5.1.2.2. Methanol
13.5.1.2.3. Biogas
13.5.1.2.4. Natural Gas
13.5.1.2.5. Hydrocarbons
13.5.1.3. China Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
13.5.1.3.1. Transportation
13.5.1.3.2. Portable Power
13.5.1.3.3. Stationary Power
13.5.2. Japan
13.5.2.1. Japan Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
13.5.2.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
13.5.2.1.2. Solid Oxide Fuel Cells (SOFC)
13.5.2.1.3. Molten Carbonate Fuel Cells (MCFC)
13.5.2.1.4. Phosphoric Acid Fuel Cells (PAFC)
13.5.2.1.5. Alkaline Fuel Cells (AFC)
13.5.2.1.6. Direct Methanol Fuel Cells (DMFC)
13.5.2.1.7. Reversible Fuel Cells
13.5.2.2. Japan Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
13.5.2.2.1. Hydrogen
13.5.2.2.2. Methanol
13.5.2.2.3. Biogas
13.5.2.2.4. Natural Gas
13.5.2.2.5. Hydrocarbons
13.5.2.3. Japan Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
13.5.2.3.1. Transportation
13.5.2.3.2. Portable Power
13.5.2.3.3. Stationary Power
13.5.3. India
13.5.3.1. India Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
13.5.3.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
13.5.3.1.2. Solid Oxide Fuel Cells (SOFC)
13.5.3.1.3. Molten Carbonate Fuel Cells (MCFC)
13.5.3.1.4. Phosphoric Acid Fuel Cells (PAFC)
13.5.3.1.5. Alkaline Fuel Cells (AFC)
13.5.3.1.6. Direct Methanol Fuel Cells (DMFC)
13.5.3.1.7. Reversible Fuel Cells
13.5.3.2. India Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
13.5.3.2.1. Hydrogen
13.5.3.2.2. Methanol
13.5.3.2.3. Biogas
13.5.3.2.4. Natural Gas
13.5.3.2.5. Hydrocarbons
13.5.3.3. India Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
13.5.3.3.1. Transportation
13.5.3.3.2. Portable Power
13.5.3.3.3. Stationary Power
13.5.4. New
Zealand
13.5.4.1. New Zealand Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Type
13.5.4.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
13.5.4.1.2. Solid Oxide Fuel Cells (SOFC)
13.5.4.1.3. Molten Carbonate Fuel Cells (MCFC)
13.5.4.1.4. Phosphoric Acid Fuel Cells (PAFC)
13.5.4.1.5. Alkaline Fuel Cells (AFC)
13.5.4.1.6. Direct Methanol Fuel Cells (DMFC)
13.5.4.1.7. Reversible Fuel Cells
13.5.4.2. New Zealand Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Source
13.5.4.2.1. Hydrogen
13.5.4.2.2. Methanol
13.5.4.2.3. Biogas
13.5.4.2.4. Natural Gas
13.5.4.2.5. Hydrocarbons
13.5.4.3. New Zealand Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
13.5.4.3.1. Transportation
13.5.4.3.2. Portable Power
13.5.4.3.3. Stationary Power
13.5.5. Australia
13.5.5.1. Australia Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
13.5.5.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
13.5.5.1.2. Solid Oxide Fuel Cells (SOFC)
13.5.5.1.3. Molten Carbonate Fuel Cells (MCFC)
13.5.5.1.4. Phosphoric Acid Fuel Cells (PAFC)
13.5.5.1.5. Alkaline Fuel Cells (AFC)
13.5.5.1.6. Direct Methanol Fuel Cells (DMFC)
13.5.5.1.7. Reversible Fuel Cells
13.5.5.2. Australia Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
13.5.5.2.1. Hydrogen
13.5.5.2.2. Methanol
13.5.5.2.3. Biogas
13.5.5.2.4. Natural Gas
13.5.5.2.5. Hydrocarbons
13.5.5.3. Australia Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
13.5.5.3.1. Transportation
13.5.5.3.2. Portable Power
13.5.5.3.3. Stationary Power
13.5.6. South
Korea
13.5.6.1. South Korea Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Type
13.5.6.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
13.5.6.1.2. Solid Oxide Fuel Cells (SOFC)
13.5.6.1.3. Molten Carbonate Fuel Cells (MCFC)
13.5.6.1.4. Phosphoric Acid Fuel Cells (PAFC)
13.5.6.1.5. Alkaline Fuel Cells (AFC)
13.5.6.1.6. Direct Methanol Fuel Cells (DMFC)
13.5.6.1.7. Reversible Fuel Cells
13.5.6.2. South Korea Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Source
13.5.6.2.1. Hydrogen
13.5.6.2.2. Methanol
13.5.6.2.3. Biogas
13.5.6.2.4. Natural Gas
13.5.6.2.5. Hydrocarbons
13.5.6.3. South Korea Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
13.5.6.3.1. Transportation
13.5.6.3.2. Portable Power
13.5.6.3.3. Stationary Power
13.5.7. Southeast
Asia
13.5.7.1. Southeast Asia Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Type
13.5.7.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
13.5.7.1.2. Solid Oxide Fuel Cells (SOFC)
13.5.7.1.3. Molten Carbonate Fuel Cells (MCFC)
13.5.7.1.4. Phosphoric Acid Fuel Cells (PAFC)
13.5.7.1.5. Alkaline Fuel Cells (AFC)
13.5.7.1.6. Direct Methanol Fuel Cells (DMFC)
13.5.7.1.7. Reversible Fuel Cells
13.5.7.2. Southeast Asia Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Source
13.5.7.2.1. Hydrogen
13.5.7.2.2. Methanol
13.5.7.2.3. Biogas
13.5.7.2.4. Natural Gas
13.5.7.2.5. Hydrocarbons
13.5.7.3. Southeast Asia Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Application
13.5.7.3.1. Transportation
13.5.7.3.2. Portable Power
13.5.7.3.3. Stationary Power
13.5.7.4. Southeast Asia Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Country
13.5.7.4.1. Indonesia
13.5.7.4.2. Thailand
13.5.7.4.3. Malaysia
13.5.7.4.4. Singapore
13.5.7.4.5. Rest of Southeast Asia
13.5.8. Rest of
Asia Pacific
13.5.8.1. Rest of Asia Pacific Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Type
13.5.8.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
13.5.8.1.2. Solid Oxide Fuel Cells (SOFC)
13.5.8.1.3. Molten Carbonate Fuel Cells (MCFC)
13.5.8.1.4. Phosphoric Acid Fuel Cells (PAFC)
13.5.8.1.5. Alkaline Fuel Cells (AFC)
13.5.8.1.6. Direct Methanol Fuel Cells (DMFC)
13.5.8.1.7. Reversible Fuel Cells
13.5.8.2. Rest of Asia Pacific Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Source
13.5.8.2.1. Hydrogen
13.5.8.2.2. Methanol
13.5.8.2.3. Biogas
13.5.8.2.4. Natural Gas
13.5.8.2.5. Hydrocarbons
13.5.8.3. Rest of Asia Pacific Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
13.5.8.3.1. Transportation
13.5.8.3.2. Portable Power
13.5.8.3.3. Stationary Power
13.6. Key
Segment for Channeling Investments
13.6.1. By
Country
13.6.2. By Type
13.6.3. By
Source
13.6.4. By Application
14. Middle East and Africa Fuel Cells Market Analysis and
Forecasts, 2023 – 2031
14.1. Overview
14.1.1. Middle East
and Africa Fuel Cells Market Revenue (US$ Mn)
14.2. Middle
East and Africa Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Type
14.2.1. Polymer
Electrolyte Membrane (PEM) Fuel Cells
14.2.2. Solid
Oxide Fuel Cells (SOFC)
14.2.3. Molten
Carbonate Fuel Cells (MCFC)
14.2.4. Phosphoric
Acid Fuel Cells (PAFC)
14.2.5. Alkaline
Fuel Cells (AFC)
14.2.6. Direct
Methanol Fuel Cells (DMFC)
14.2.7. Reversible
Fuel Cells
14.3. Middle
East and Africa Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Source
14.3.1. Hydrogen
14.3.2. Methanol
14.3.3. Biogas
14.3.4. Natural
Gas
14.3.5. Hydrocarbons
14.4. Middle
East and Africa Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Application
14.4.1. Transportation
14.4.2. Portable
Power
14.4.3. Stationary
Power
14.5. Middle
East and Africa Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Country
14.5.1. Saudi
Arabia
14.5.1.1. Saudi Arabia Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Type
14.5.1.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
14.5.1.1.2. Solid Oxide Fuel Cells (SOFC)
14.5.1.1.3. Molten Carbonate Fuel Cells (MCFC)
14.5.1.1.4. Phosphoric Acid Fuel Cells (PAFC)
14.5.1.1.5. Alkaline Fuel Cells (AFC)
14.5.1.1.6. Direct Methanol Fuel Cells (DMFC)
14.5.1.1.7. Reversible Fuel Cells
14.5.1.2. Saudi Arabia Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Source
14.5.1.2.1. Hydrogen
14.5.1.2.2. Methanol
14.5.1.2.3. Biogas
14.5.1.2.4. Natural Gas
14.5.1.2.5. Hydrocarbons
14.5.1.3. Saudi Arabia Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
14.5.1.3.1. Transportation
14.5.1.3.2. Portable Power
14.5.1.3.3. Stationary Power
14.5.2. UAE
14.5.2.1. UAE Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Type
14.5.2.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
14.5.2.1.2. Solid Oxide Fuel Cells (SOFC)
14.5.2.1.3. Molten Carbonate Fuel Cells (MCFC)
14.5.2.1.4. Phosphoric Acid Fuel Cells (PAFC)
14.5.2.1.5. Alkaline Fuel Cells (AFC)
14.5.2.1.6. Direct Methanol Fuel Cells (DMFC)
14.5.2.1.7. Reversible Fuel Cells
14.5.2.2. UAE Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
14.5.2.2.1. Hydrogen
14.5.2.2.2. Methanol
14.5.2.2.3. Biogas
14.5.2.2.4. Natural Gas
14.5.2.2.5. Hydrocarbons
14.5.2.3. UAE Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Application
14.5.2.3.1. Transportation
14.5.2.3.2. Portable Power
14.5.2.3.3. Stationary Power
14.5.3. Egypt
14.5.3.1. Egypt Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
14.5.3.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
14.5.3.1.2. Solid Oxide Fuel Cells (SOFC)
14.5.3.1.3. Molten Carbonate Fuel Cells (MCFC)
14.5.3.1.4. Phosphoric Acid Fuel Cells (PAFC)
14.5.3.1.5. Alkaline Fuel Cells (AFC)
14.5.3.1.6. Direct Methanol Fuel Cells (DMFC)
14.5.3.1.7. Reversible Fuel Cells
14.5.3.2. Egypt Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
14.5.3.2.1. Hydrogen
14.5.3.2.2. Methanol
14.5.3.2.3. Biogas
14.5.3.2.4. Natural Gas
14.5.3.2.5. Hydrocarbons
14.5.3.3. Egypt Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
14.5.3.3.1. Transportation
14.5.3.3.2. Portable Power
14.5.3.3.3. Stationary Power
14.5.4. Kuwait
14.5.4.1. Kuwait Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
14.5.4.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
14.5.4.1.2. Solid Oxide Fuel Cells (SOFC)
14.5.4.1.3. Molten Carbonate Fuel Cells (MCFC)
14.5.4.1.4. Phosphoric Acid Fuel Cells (PAFC)
14.5.4.1.5. Alkaline Fuel Cells (AFC)
14.5.4.1.6. Direct Methanol Fuel Cells (DMFC)
14.5.4.1.7. Reversible Fuel Cells
14.5.4.2. Kuwait Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
14.5.4.2.1. Hydrogen
14.5.4.2.2. Methanol
14.5.4.2.3. Biogas
14.5.4.2.4. Natural Gas
14.5.4.2.5. Hydrocarbons
14.5.4.3. Kuwait Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
14.5.4.3.1. Transportation
14.5.4.3.2. Portable Power
14.5.4.3.3. Stationary Power
14.5.5. South
Africa
14.5.5.1. South Africa Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Type
14.5.5.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
14.5.5.1.2. Solid Oxide Fuel Cells (SOFC)
14.5.5.1.3. Molten Carbonate Fuel Cells (MCFC)
14.5.5.1.4. Phosphoric Acid Fuel Cells (PAFC)
14.5.5.1.5. Alkaline Fuel Cells (AFC)
14.5.5.1.6. Direct Methanol Fuel Cells (DMFC)
14.5.5.1.7. Reversible Fuel Cells
14.5.5.2. South Africa Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Source
14.5.5.2.1. Hydrogen
14.5.5.2.2. Methanol
14.5.5.2.3. Biogas
14.5.5.2.4. Natural Gas
14.5.5.2.5. Hydrocarbons
14.5.5.3. South Africa Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
14.5.5.3.1. Transportation
14.5.5.3.2. Portable Power
14.5.5.3.3. Stationary Power
14.5.6. Rest of
Middle East & Africa
14.5.6.1. Rest of Middle East & Africa Fuel Cells Market Revenue
(US$ Mn) and Forecasts, By Type
14.5.6.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
14.5.6.1.2. Solid Oxide Fuel Cells (SOFC)
14.5.6.1.3. Molten Carbonate Fuel Cells (MCFC)
14.5.6.1.4. Phosphoric Acid Fuel Cells (PAFC)
14.5.6.1.5. Alkaline Fuel Cells (AFC)
14.5.6.1.6. Direct Methanol Fuel Cells (DMFC)
14.5.6.1.7. Reversible Fuel Cells
14.5.6.2. Rest of Middle East & Africa Fuel Cells Market Revenue
(US$ Mn) and Forecasts, By Source
14.5.6.2.1. Hydrogen
14.5.6.2.2. Methanol
14.5.6.2.3. Biogas
14.5.6.2.4. Natural Gas
14.5.6.2.5. Hydrocarbons
14.5.6.3. Rest of Middle East & Africa Fuel Cells Market Revenue
(US$ Mn) and Forecasts, By Application
14.5.6.3.1. Transportation
14.5.6.3.2. Portable Power
14.5.6.3.3. Stationary Power
14.6. Key
Segment for Channeling Investments
14.6.1. By
Country
14.6.2. By Type
14.6.3. By
Source
14.6.4. By Application
15. Latin America Fuel Cells Market Analysis and Forecasts, 2023
– 2031
15.1. Overview
15.1.1. Latin
America Fuel Cells Market Revenue (US$ Mn)
15.2. Latin
America Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Type
15.2.1. Polymer
Electrolyte Membrane (PEM) Fuel Cells
15.2.2. Solid
Oxide Fuel Cells (SOFC)
15.2.3. Molten
Carbonate Fuel Cells (MCFC)
15.2.4. Phosphoric
Acid Fuel Cells (PAFC)
15.2.5. Alkaline
Fuel Cells (AFC)
15.2.6. Direct
Methanol Fuel Cells (DMFC)
15.2.7. Reversible
Fuel Cells
15.3. Latin
America Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Source
15.3.1. Hydrogen
15.3.2. Methanol
15.3.3. Biogas
15.3.4. Natural
Gas
15.3.5. Hydrocarbons
15.4. Latin
America Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Application
15.4.1. Transportation
15.4.2. Portable
Power
15.4.3. Stationary
Power
15.5. Latin
America Fuel Cells Market Revenue (US$ Mn) and Forecasts, By Country
15.5.1. Brazil
15.5.1.1. Brazil Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
15.5.1.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
15.5.1.1.2. Solid Oxide Fuel Cells (SOFC)
15.5.1.1.3. Molten Carbonate Fuel Cells (MCFC)
15.5.1.1.4. Phosphoric Acid Fuel Cells (PAFC)
15.5.1.1.5. Alkaline Fuel Cells (AFC)
15.5.1.1.6. Direct Methanol Fuel Cells (DMFC)
15.5.1.1.7. Reversible Fuel Cells
15.5.1.2. Brazil Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
15.5.1.2.1. Hydrogen
15.5.1.2.2. Methanol
15.5.1.2.3. Biogas
15.5.1.2.4. Natural Gas
15.5.1.2.5. Hydrocarbons
15.5.1.3. Brazil Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
15.5.1.3.1. Transportation
15.5.1.3.2. Portable Power
15.5.1.3.3. Stationary Power
15.5.2. Argentina
15.5.2.1. Argentina Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Type
15.5.2.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
15.5.2.1.2. Solid Oxide Fuel Cells (SOFC)
15.5.2.1.3. Molten Carbonate Fuel Cells (MCFC)
15.5.2.1.4. Phosphoric Acid Fuel Cells (PAFC)
15.5.2.1.5. Alkaline Fuel Cells (AFC)
15.5.2.1.6. Direct Methanol Fuel Cells (DMFC)
15.5.2.1.7. Reversible Fuel Cells
15.5.2.2. Argentina Fuel Cells Market Revenue (US$ Mn) and Forecasts, By
Source
15.5.2.2.1. Hydrogen
15.5.2.2.2. Methanol
15.5.2.2.3. Biogas
15.5.2.2.4. Natural Gas
15.5.2.2.5. Hydrocarbons
15.5.2.3. Argentina Fuel Cells Market Revenue (US$ Mn) and Forecasts,
By Application
15.5.2.3.1. Transportation
15.5.2.3.2. Portable Power
15.5.2.3.3. Stationary Power
15.5.3. Rest of
Latin America
15.5.3.1. Rest of Latin America Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Type
15.5.3.1.1. Polymer Electrolyte Membrane (PEM) Fuel Cells
15.5.3.1.2. Solid Oxide Fuel Cells (SOFC)
15.5.3.1.3. Molten Carbonate Fuel Cells (MCFC)
15.5.3.1.4. Phosphoric Acid Fuel Cells (PAFC)
15.5.3.1.5. Alkaline Fuel Cells (AFC)
15.5.3.1.6. Direct Methanol Fuel Cells (DMFC)
15.5.3.1.7. Reversible Fuel Cells
15.5.3.2. Rest of Latin America Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Source
15.5.3.2.1. Hydrogen
15.5.3.2.2. Methanol
15.5.3.2.3. Biogas
15.5.3.2.4. Natural Gas
15.5.3.2.5. Hydrocarbons
15.5.3.3. Rest of Latin America Fuel Cells Market Revenue (US$ Mn) and
Forecasts, By Application
15.5.3.3.1. Transportation
15.5.3.3.2. Portable Power
15.5.3.3.3. Stationary Power
15.6. Key
Segment for Channeling Investments
15.6.1. By
Country
15.6.2. By Type
15.6.3. By
Source
15.6.4. By Application
16. Competitive Benchmarking
16.1. Market
Share Analysis, 2022
16.2. Global
Presence and Growth Strategies
16.2.1. Mergers
and Acquisitions
16.2.2. Product
Launches
16.2.3. Investments
Trends
16.2.4. R&D
Initiatives
17. Player Profiles
17.1. Alstom
17.1.1. Company
Details
17.1.2. Company
Overview
17.1.3. Product
Offerings
17.1.4. Key
Developments
17.1.5. Financial
Analysis
17.1.6. SWOT
Analysis
17.1.7. Business
Strategies
17.2. Ballard
Power Systems
17.2.1. Company
Details
17.2.2. Company
Overview
17.2.3. Product
Offerings
17.2.4. Key
Developments
17.2.5. Financial
Analysis
17.2.6. SWOT
Analysis
17.2.7. Business
Strategies
17.3. Bloom
Energy
17.3.1. Company
Details
17.3.2. Company
Overview
17.3.3. Product
Offerings
17.3.4. Key
Developments
17.3.5. Financial
Analysis
17.3.6. SWOT
Analysis
17.3.7. Business
Strategies
17.4. Blue
World Technologies ApS
17.4.1. Company
Details
17.4.2. Company
Overview
17.4.3. Product
Offerings
17.4.4. Key
Developments
17.4.5. Financial
Analysis
17.4.6. SWOT
Analysis
17.4.7. Business
Strategies
17.5. Doosan
Fuel Cell Co., Ltd.
17.5.1. Company
Details
17.5.2. Company
Overview
17.5.3. Product
Offerings
17.5.4. Key
Developments
17.5.5. Financial
Analysis
17.5.6. SWOT
Analysis
17.5.7. Business
Strategies
17.6. ElringKlinger
AG
17.6.1. Company
Details
17.6.2. Company
Overview
17.6.3. Product
Offerings
17.6.4. Key
Developments
17.6.5. Financial
Analysis
17.6.6. SWOT
Analysis
17.6.7. Business
Strategies
17.7. Intelligent
Energy Limited
17.7.1. Company
Details
17.7.2. Company
Overview
17.7.3. Product
Offerings
17.7.4. Key
Developments
17.7.5. Financial
Analysis
17.7.6. SWOT
Analysis
17.7.7. Business
Strategies
17.8. Johnson
Matthey
17.8.1. Company
Details
17.8.2. Company
Overview
17.8.3. Product
Offerings
17.8.4. Key Developments
17.8.5. Financial
Analysis
17.8.6. SWOT
Analysis
17.8.7. Business
Strategies
17.9. Nedstack
Fuel Cell Technology BV
17.9.1. Company
Details
17.9.2. Company
Overview
17.9.3. Product
Offerings
17.9.4. Key
Developments
17.9.5. Financial
Analysis
17.9.6. SWOT
Analysis
17.9.7. Business
Strategies
17.10. Nuvera
Fuel Cells
17.10.1. Company
Details
17.10.2. Company
Overview
17.10.3. Product
Offerings
17.10.4. Key
Developments
17.10.5. Financial
Analysis
17.10.6. SWOT
Analysis
17.10.7. Business
Strategies
17.11. Plug
Power Inc.
17.11.1. Company
Details
17.11.2. Company
Overview
17.11.3. Product
Offerings
17.11.4. Key
Developments
17.11.5. Financial
Analysis
17.11.6. SWOT
Analysis
17.11.7. Business
Strategies
17.12. SFC
Energy AG
17.12.1. Company
Details
17.12.2. Company
Overview
17.12.3. Product
Offerings
17.12.4. Key
Developments
17.12.5. Financial
Analysis
17.12.6. SWOT
Analysis
17.12.7. Business
Strategies
17.13. SolydEra
SpA
17.13.1. Company
Details
17.13.2. Company
Overview
17.13.3. Product
Offerings
17.13.4. Key
Developments
17.13.5. Financial
Analysis
17.13.6. SWOT
Analysis
17.13.7. Business
Strategies
17.14. TW
Horizon Fuel Cell Technologies
17.14.1. Company
Details
17.14.2. Company
Overview
17.14.3. Product
Offerings
17.14.4. Key
Developments
17.14.5. Financial
Analysis
17.14.6. SWOT
Analysis
17.14.7. Business Strategies
17.15. Other
market participants
18. Key Findings
Note: This ToC is tentative
and can be changed according to the research study conducted during the course
of report completion.
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