Global Fuel Cell Air Compressor Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Fuel Cell Air Compressor market size was valued at USD 232 million in 2022 and is forecast to a readjusted size of USD 360.7 million by 2029 with a CAGR of 6.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key manufacturers of Fuel Cell Air Compressor are Garrett Motion, Hanon Systems, Danfoss, FISCHER Fuel Cell Compressor, Liebherr, and Toyota Industries Corporation. The top five manufacturers have a total market share of 50%, with the largest manufacturers being Garrett Motion and Hanon Systems, both with a 10% share. Global origins are mainly located in North America, Europe, China, Japan, and Korea, with North America being the largest production region, accounting for 40% of the total. In terms of product category, centrifugal has the largest market share with 75%, followed by Roots and Screw. In terms of applications, passenger cars have a larger share at 85%, while commercial vehicles account for 15%.
The Fuel Cell Air Compressor market covers Centrifugal, Roots, etc. The typical players include Rotrex A/S, Danfoss, Garrett Motion, Toyota Industries Corporation, etc. As an important part of the hydrogen fuel cell system supply chain system accessory (BOP), the air compressor is equivalent to the "lung" of the fuel cell. It pressurizes the air entering the stack to improve the power density and efficiency of the fuel cell. The pressure and flow output of the air compressor can even directly affect the stoichiometric ratio and air humidification characteristics in the fuel cell engine to a large extent, and then affect the voltage output of the fuel cell stack and the power output of the fuel cell engine.
This report is a detailed and comprehensive analysis for global Fuel Cell Air Compressor market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Fuel Cell Air Compressor market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2018-2029
Global Fuel Cell Air Compressor market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2018-2029
Global Fuel Cell Air Compressor market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2018-2029
Global Fuel Cell Air Compressor market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Fuel Cell Air Compressor
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Fuel Cell Air Compressor market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Garrett Motion, Hanon Systems, UQM Technologies, FISCHER Fuel Cell Compressor and Liebherr, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Fuel Cell Air Compressor market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Centrifugal
Roots
Screw
Scroll
Others
Market segment by Application
Passenger Vehicle
Commercial Vehicle
Major players covered
Garrett Motion
Hanon Systems
UQM Technologies
FISCHER Fuel Cell Compressor
Liebherr
Toyota Industries Corporation
Guangdong Guangshun New Energy Power Technology
Rotrex A/S
Fujian Snowman
Xeca Turbo Technology
Air Squared
ZCJSD
Easyland Group
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Fuel Cell Air Compressor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Fuel Cell Air Compressor, with price, sales, revenue and global market share of Fuel Cell Air Compressor from 2018 to 2023.
Chapter 3, the Fuel Cell Air Compressor competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Fuel Cell Air Compressor breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Fuel Cell Air Compressor market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Fuel Cell Air Compressor.
Chapter 14 and 15, to describe Fuel Cell Air Compressor sales channel, distributors, customers, research findings and conclusion.