Hydrogen and Fuel Cells Industry Research Report 2024

Hydrogen and Fuel Cells Industry Research Report 2024


Summary

Hydrogen and Fuel Cells use hydrogen as a chemical element, and are made into batteries that store energy. The basic principle is the reverse reaction of electrolysis of water, hydrogen and oxygen were supplied to the cathode and anode, hydrogen diffusion through the cathode and the electrolyte reaction, the release of electrons through the external load to reach the anode.

According to APO Research, The global Hydrogen and Fuel Cells market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Hydrogen and Fuel Cells is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Hydrogen and Fuel Cells is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Hydrogen and Fuel Cells is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Hydrogen and Fuel Cells include , etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Hydrogen and Fuel Cells, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydrogen and Fuel Cells.

The report will help the Hydrogen and Fuel Cells manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Hydrogen and Fuel Cells market size, estimations, and forecasts are provided in terms of sales volume (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hydrogen and Fuel Cells market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Panasonic
Plug Power
Toshiba ESS
Ballard
SinoHytec
Hydrogenics
Honda
Hyundai Mobis
Toyota Denso
Elring Klinger
Bosch/Powercell
Symbio
Hydrogen and Fuel Cells segment by Type

Air-Cooled
Water-Cooled
Hydrogen and Fuel Cells segment by Application

Stationary
Transport
Portable
Hydrogen and Fuel Cells Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Hydrogen and Fuel Cells market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Hydrogen and Fuel Cells and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Hydrogen and Fuel Cells.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Hydrogen and Fuel Cells manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Hydrogen and Fuel Cells by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Hydrogen and Fuel Cells in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Hydrogen and Fuel Cells by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Air-Cooled
2.2.3 Water-Cooled
2.3 Hydrogen and Fuel Cells by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Stationary
2.3.3 Transport
2.3.4 Portable
2.4 Global Market Growth Prospects
2.4.1 Global Hydrogen and Fuel Cells Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Hydrogen and Fuel Cells Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Hydrogen and Fuel Cells Production Estimates and Forecasts (2019-2030)
2.4.4 Global Hydrogen and Fuel Cells Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Hydrogen and Fuel Cells Production by Manufacturers (2019-2024)
3.2 Global Hydrogen and Fuel Cells Production Value by Manufacturers (2019-2024)
3.3 Global Hydrogen and Fuel Cells Average Price by Manufacturers (2019-2024)
3.4 Global Hydrogen and Fuel Cells Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Hydrogen and Fuel Cells Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Hydrogen and Fuel Cells Manufacturers, Product Type & Application
3.7 Global Hydrogen and Fuel Cells Manufacturers, Date of Enter into This Industry
3.8 Global Hydrogen and Fuel Cells Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Panasonic
4.1.1 Panasonic Hydrogen and Fuel Cells Company Information
4.1.2 Panasonic Hydrogen and Fuel Cells Business Overview
4.1.3 Panasonic Hydrogen and Fuel Cells Production, Value and Gross Margin (2019-2024)
4.1.4 Panasonic Product Portfolio
4.1.5 Panasonic Recent Developments
4.2 Plug Power
4.2.1 Plug Power Hydrogen and Fuel Cells Company Information
4.2.2 Plug Power Hydrogen and Fuel Cells Business Overview
4.2.3 Plug Power Hydrogen and Fuel Cells Production, Value and Gross Margin (2019-2024)
4.2.4 Plug Power Product Portfolio
4.2.5 Plug Power Recent Developments
4.3 Toshiba ESS
4.3.1 Toshiba ESS Hydrogen and Fuel Cells Company Information
4.3.2 Toshiba ESS Hydrogen and Fuel Cells Business Overview
4.3.3 Toshiba ESS Hydrogen and Fuel Cells Production, Value and Gross Margin (2019-2024)
4.3.4 Toshiba ESS Product Portfolio
4.3.5 Toshiba ESS Recent Developments
4.4 Ballard
4.4.1 Ballard Hydrogen and Fuel Cells Company Information
4.4.2 Ballard Hydrogen and Fuel Cells Business Overview
4.4.3 Ballard Hydrogen and Fuel Cells Production, Value and Gross Margin (2019-2024)
4.4.4 Ballard Product Portfolio
4.4.5 Ballard Recent Developments
4.5 SinoHytec
4.5.1 SinoHytec Hydrogen and Fuel Cells Company Information
4.5.2 SinoHytec Hydrogen and Fuel Cells Business Overview
4.5.3 SinoHytec Hydrogen and Fuel Cells Production, Value and Gross Margin (2019-2024)
4.5.4 SinoHytec Product Portfolio
4.5.5 SinoHytec Recent Developments
4.6 Hydrogenics
4.6.1 Hydrogenics Hydrogen and Fuel Cells Company Information
4.6.2 Hydrogenics Hydrogen and Fuel Cells Business Overview
4.6.3 Hydrogenics Hydrogen and Fuel Cells Production, Value and Gross Margin (2019-2024)
4.6.4 Hydrogenics Product Portfolio
4.6.5 Hydrogenics Recent Developments
4.7 Honda
4.7.1 Honda Hydrogen and Fuel Cells Company Information
4.7.2 Honda Hydrogen and Fuel Cells Business Overview
4.7.3 Honda Hydrogen and Fuel Cells Production, Value and Gross Margin (2019-2024)
4.7.4 Honda Product Portfolio
4.7.5 Honda Recent Developments
4.8 Hyundai Mobis
4.8.1 Hyundai Mobis Hydrogen and Fuel Cells Company Information
4.8.2 Hyundai Mobis Hydrogen and Fuel Cells Business Overview
4.8.3 Hyundai Mobis Hydrogen and Fuel Cells Production, Value and Gross Margin (2019-2024)
4.8.4 Hyundai Mobis Product Portfolio
4.8.5 Hyundai Mobis Recent Developments
4.9 Toyota Denso
4.9.1 Toyota Denso Hydrogen and Fuel Cells Company Information
4.9.2 Toyota Denso Hydrogen and Fuel Cells Business Overview
4.9.3 Toyota Denso Hydrogen and Fuel Cells Production, Value and Gross Margin (2019-2024)
4.9.4 Toyota Denso Product Portfolio
4.9.5 Toyota Denso Recent Developments
4.10 Elring Klinger
4.10.1 Elring Klinger Hydrogen and Fuel Cells Company Information
4.10.2 Elring Klinger Hydrogen and Fuel Cells Business Overview
4.10.3 Elring Klinger Hydrogen and Fuel Cells Production, Value and Gross Margin (2019-2024)
4.10.4 Elring Klinger Product Portfolio
4.10.5 Elring Klinger Recent Developments
4.11 Bosch/Powercell
4.11.1 Bosch/Powercell Hydrogen and Fuel Cells Company Information
4.11.2 Bosch/Powercell Hydrogen and Fuel Cells Business Overview
4.11.3 Bosch/Powercell Hydrogen and Fuel Cells Production, Value and Gross Margin (2019-2024)
4.11.4 Bosch/Powercell Product Portfolio
4.11.5 Bosch/Powercell Recent Developments
4.12 Symbio
4.12.1 Symbio Hydrogen and Fuel Cells Company Information
4.12.2 Symbio Hydrogen and Fuel Cells Business Overview
4.12.3 Symbio Hydrogen and Fuel Cells Production, Value and Gross Margin (2019-2024)
4.12.4 Symbio Product Portfolio
4.12.5 Symbio Recent Developments
5 Global Hydrogen and Fuel Cells Production by Region
5.1 Global Hydrogen and Fuel Cells Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Hydrogen and Fuel Cells Production by Region: 2019-2030
5.2.1 Global Hydrogen and Fuel Cells Production by Region: 2019-2024
5.2.2 Global Hydrogen and Fuel Cells Production Forecast by Region (2025-2030)
5.3 Global Hydrogen and Fuel Cells Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Hydrogen and Fuel Cells Production Value by Region: 2019-2030
5.4.1 Global Hydrogen and Fuel Cells Production Value by Region: 2019-2024
5.4.2 Global Hydrogen and Fuel Cells Production Value Forecast by Region (2025-2030)
5.5 Global Hydrogen and Fuel Cells Market Price Analysis by Region (2019-2024)
5.6 Global Hydrogen and Fuel Cells Production and Value, YOY Growth
5.6.1 North America Hydrogen and Fuel Cells Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Hydrogen and Fuel Cells Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Hydrogen and Fuel Cells Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Hydrogen and Fuel Cells Production Value Estimates and Forecasts (2019-2030)
5.6.5 South Korea Hydrogen and Fuel Cells Production Value Estimates and Forecasts (2019-2030)
6 Global Hydrogen and Fuel Cells Consumption by Region
6.1 Global Hydrogen and Fuel Cells Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Hydrogen and Fuel Cells Consumption by Region (2019-2030)
6.2.1 Global Hydrogen and Fuel Cells Consumption by Region: 2019-2030
6.2.2 Global Hydrogen and Fuel Cells Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Hydrogen and Fuel Cells Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Hydrogen and Fuel Cells Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Hydrogen and Fuel Cells Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Hydrogen and Fuel Cells Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Hydrogen and Fuel Cells Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Hydrogen and Fuel Cells Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Hydrogen and Fuel Cells Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Hydrogen and Fuel Cells Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Hydrogen and Fuel Cells Production by Type (2019-2030)
7.1.1 Global Hydrogen and Fuel Cells Production by Type (2019-2030) & (MW)
7.1.2 Global Hydrogen and Fuel Cells Production Market Share by Type (2019-2030)
7.2 Global Hydrogen and Fuel Cells Production Value by Type (2019-2030)
7.2.1 Global Hydrogen and Fuel Cells Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Hydrogen and Fuel Cells Production Value Market Share by Type (2019-2030)
7.3 Global Hydrogen and Fuel Cells Price by Type (2019-2030)
8 Segment by Application
8.1 Global Hydrogen and Fuel Cells Production by Application (2019-2030)
8.1.1 Global Hydrogen and Fuel Cells Production by Application (2019-2030) & (MW)
8.1.2 Global Hydrogen and Fuel Cells Production by Application (2019-2030) & (MW)
8.2 Global Hydrogen and Fuel Cells Production Value by Application (2019-2030)
8.2.1 Global Hydrogen and Fuel Cells Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Hydrogen and Fuel Cells Production Value Market Share by Application (2019-2030)
8.3 Global Hydrogen and Fuel Cells Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Hydrogen and Fuel Cells Value Chain Analysis
9.1.1 Hydrogen and Fuel Cells Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Hydrogen and Fuel Cells Production Mode & Process
9.2 Hydrogen and Fuel Cells Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Hydrogen and Fuel Cells Distributors
9.2.3 Hydrogen and Fuel Cells Customers
10 Global Hydrogen and Fuel Cells Analyzing Market Dynamics
10.1 Hydrogen and Fuel Cells Industry Trends
10.2 Hydrogen and Fuel Cells Industry Drivers
10.3 Hydrogen and Fuel Cells Industry Opportunities and Challenges
10.4 Hydrogen and Fuel Cells Industry Restraints
11 Report Conclusion
12 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings