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Global Fuel Cell Market 2021-2031 by Product (PEMFC, PAFC, SOFC, MCFC, DMFC, AFC), Capacity (200 Kw or below, above 200 Kw), Application (Stationary, Transportation, Portable), End User, and Region: Trend Forecast and Growth Opportunity

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Global fuel cell market will reach $41,143.1 million by 2031, growing by 21% annually over 2021-2031 driven by the increasing need for clean power generation, stringent norms on greenhouse gas (GHG) emission across the globe, increasing R&D grants and government incentives, and the mounting environmental concerns and expanding urbanization.
Highlighted with 101 tables and 83 figures, this 177-page report "Global Fuel Cell Market 2021-2031 by Product (PEMFC, PAFC, SOFC, MCFC, DMFC, AFC), Capacity (200 Kw or below, above 200 Kw), Application (Stationary, Transportation, Portable), End User, and Region: Trend Forecast and Growth Opportunity" is based on comprehensive research of the entire global fuel cell market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global fuel cell market in every aspect of the classification from perspectives of Product, Capacity, Application, End User, and Region.

Based on Product, the global market is segmented into the following sub-markets with annual revenue ($ mn), capacity (MW), and volume (units) for 2021-2031 included in each section.
• Proton Exchange Membrane Fuel Cell (PEMFC)
• Phosphoric Acid Fuel Cell (PAFC)
• Solid Oxide Fuel Cell (SOFC)
• Molten Carbonate Fuel Cell (MCFC)
• Direct Methanol Fuel Cell (DMFC)
• Alkaline Fuel Cell (AFC)
• Other Fuel Cells

Based on Capacity, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Small Scale (Up to 200 Kw)
• Large Scale (Above 200 Kw)

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn), capacity (MW), and volume (units) for 2021-2031 included in each section.
• Stationary
• Transportation
• Portable

By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Transportation
• Utilities & Government/Municipal Institutes
• Residential
• Commercial & Industrial
• Data Centers
• Military & Defense

Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Israel, Saudi Arabia, South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Product, Capacity and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Ballard Power Systems Inc.
Bloom Energy Corp.
Ceres Power Holdings PLC
Cummins Inc.
Doosan Fuel Cell America, Inc.
FuelCell Energy Inc.
Horizon Fuel Cell Technologies Pte. Ltd.
Hydrogenics Corporation
Intelligent Energy Limited
Mitsubishi Hitachi Power Systems Ltd.
Nedstack Fuel Cell Technology BV
Nuvera Fuel Cells Inc. (Nuvera Fuel Cells LLC)
Panasonic Corporation
Plug Power Inc.
PowerCell Sweden AB
SFC Energy AG
Toshiba Energy Systems & Solutions Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 24
2.1.2 Impact of COVID-19 on the Market 26
2.2 Major Growth Drivers 28
2.3 Market Restraints and Challenges 32
2.4 Emerging Opportunities and Market Trends 35
2.5 Porter's Fiver Forces Analysis 39
3 Segmentation of Global Market by Product 43
3.1 Market Overview by Product 43
3.2 Proton Exchange Membrane Fuel Cell (PEMFC) 50
3.3 Phosphoric Acid Fuel Cell (PAFC) 51
3.4 Solid Oxide Fuel Cell (SOFC) 52
3.5 Molten Carbonate Fuel Cell (MCFC) 53
3.6 Direct Methanol Fuel Cell (DMFC) 54
3.7 Alkaline Fuel Cell (AFC) 55
3.8 Other Fuel Cells 56
4 Segmentation of Global Market by Capacity 57
4.1 Market Overview by Capacity 57
4.2 Small Scale (Up to 200 Kw) 59
4.3 Large Scale (Above 200 Kw) 60
5 Segmentation of Global Market by Application 61
5.1 Market Overview by Application 61
5.2 Stationary 67
5.3 Transportation 68
5.4 Portable 69
6 Segmentation of Global Market by End User 70
6.1 Market Overview by End User 70
6.2 Transportation 72
6.3 Utilities & Government/Municipal Institutes 73
6.4 Residential 74
6.5 Commercial & Industrial 75
6.6 Data Centers 76
6.7 Military & Defense 77
7 Segmentation of Global Market by Region 78
7.1 Geographic Market Overview 2021-2031 78
7.2 North America Market 2021-2031 by Country 86
7.2.1 Overview of North America Market 86
7.2.2 U.S. 90
7.2.3 Canada 95
7.2.4 Mexico 97
7.3 European Market 2021-2031 by Country 99
7.3.1 Overview of European Market 99
7.3.2 Germany 103
7.3.3 U.K. 105
7.3.4 France 107
7.3.5 Spain 109
7.3.6 Italy 111
7.3.7 Netherlands 113
7.3.8 Rest of European Market 115
7.4 Asia-Pacific Market 2021-2031 by Country 117
7.4.1 Overview of Asia-Pacific Market 117
7.4.2 Japan 122
7.4.3 China 125
7.4.4 Australia 127
7.4.5 India 129
7.4.6 South Korea 131
7.4.7 Rest of APAC Region 133
7.5 South America Market 2021-2031 by Country 135
7.5.1 Argentina 138
7.5.2 Brazil 140
7.5.3 Chile 142
7.5.4 Rest of South America Market 144
7.6 MEA Market 2021-2031 by Country 145
7.6.1 Israel 148
7.6.2 Saudi Arabia 150
7.6.3 South Africa 152
7.6.4 Other National Markets 154
8 Competitive Landscape 155
8.1 Overview of Key Vendors 155
8.2 New Product Launch, Partnership, Investment, and M&A 158
8.3 Company Profiles 159
Ballard Power Systems Inc. 159
Bloom Energy Corp. 161
Ceres Power Holdings PLC 162
Cummins Inc. 163
Doosan Fuel Cell America, Inc. 164
FuelCell Energy Inc. 165
Horizon Fuel Cell Technologies Pte. Ltd. 166
Hydrogenics Corporation 167
Intelligent Energy Limited 168
Mitsubishi Hitachi Power Systems Ltd. 169
Nedstack Fuel Cell Technology BV 170
Nuvera Fuel Cells Inc. (Nuvera Fuel Cells LLC) 171
Panasonic Corporation 172
Plug Power Inc. 173
PowerCell Sweden AB 174
SFC Energy AG 175
Toshiba Energy Systems & Solutions Corporation 176
RELATED REPORTS 177

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This report incorporates the analysis of factors that augments the market growth. Report presents competitive landscape of the global market. This also provides the scope of different segments and applications that can potentially influence the market in the future. The analysis is based on current market trends and historic growth data. It includes detailed market segmentation, regional analysis, and competitive landscape of the industry.
The report efficiently evaluates the current market size and provides industry forecast. The market was valued at xxx Million US$ in 2019, and is expected to grow at a CAGR of xx% during the period 2020-2027.
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