According to our (Global Info Research) latest study, the global Fuel Cell Electric Air Compressors market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
Fuel-cell air compressors in electric vehicle propulsion systems are responsible for forcing air into the fuel cell stack, where it is used as an oxidant to produce a reaction with hydrogen ions and electrons at the fuel cell cathode to form water. Air compressor systems are important for controlling air mass flow rate and air pressure.
According to data released by the China Association of Automobile Manufacturers, in December 2022, the production and sales of hydrogen fuel cell vehicles in China was 653 and 607, respectively. In the whole year of 2022, the production and sales of hydrogen fuel cell vehicles was 3,626 and 3,367, a year-on-year increase of 105.4% and 112.8%, respectively. According to our Fuel Cell Research Center, by the end of 2022, the number of fuel cell vehicles in the world had reached 67,000 units, a year-on-year increase of 36.6%. Among them, the number of fuel cell vehicles in China was 12,682 units.
The market for fuel cell electric air compressors is experiencing rapid growth, particularly in industries and transportation sectors facing environmental pressures and sustainability demands. The market size is expanding year by year, with increasing sales of this technology catering to specific uses such as providing clean energy-driven air compression solutions for hydrogen storage, fuel cell vehicles, and energy systems. The future development prospects are promising, as the technology matures and investments in sustainable energy from both governments and industries increase, fuel cell electric air compressors are poised for further breakthroughs in broader application areas.
This report is a detailed and comprehensive analysis for global Fuel Cell Electric Air Compressors 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 2025, are provided.
Key Features:
Global Fuel Cell Electric Air Compressors market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Fuel Cell Electric Air Compressors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Fuel Cell Electric Air Compressors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Fuel Cell Electric Air Compressors market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
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 Electric Air Compressors
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 Electric Air Compressors market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include FISCHER Fuel Cell Compressor, Garrett Motion, Rotrex, Bosch Mobility Solutions, Hanon Systems, Danfoss, Liebherr, Toyota Industries, Easyland Group, Guangshun New Energy, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Fuel Cell Electric Air Compressors market is split by Type and by Application. For the period 2020-2031, 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
Power Below 15kW
Power 15-30kW
Power Above 30kW
Market segment by Application
Passenger Vehicle
Commercial Vehicle
Major players covered
FISCHER Fuel Cell Compressor
Garrett Motion
Rotrex
Bosch Mobility Solutions
Hanon Systems
Danfoss
Liebherr
Toyota Industries
Easyland Group
Guangshun New Energy
Fujian Snowman
Xeca Turbo Technology
Air Squared
ZCJSD
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 Electric Air Compressors product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Fuel Cell Electric Air Compressors, with price, sales quantity, revenue, and global market share of Fuel Cell Electric Air Compressors from 2020 to 2025.
Chapter 3, the Fuel Cell Electric Air Compressors competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Fuel Cell Electric Air Compressors breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
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 2020 to 2025.and Fuel Cell Electric Air Compressors market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Fuel Cell Electric Air Compressors.
Chapter 14 and 15, to describe Fuel Cell Electric Air Compressors sales channel, distributors, customers, research findings and conclusion.
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