Global Hydrogen Fuel Cell Forklift Market based on Type,Application, and Geography – Trends & Forecast: 2022–2027
America was a pioneer in the use of fuel cell forklifts. These kinds of forklifts are used for material handling applications by businesses in the automotive, medical, and food and beverage industries. Warehouse owners had to rely on other businesses to obtain gasoline for these fuel cell forklifts when they were first used. However, fuel cell forklift operators can now manufacture hydrogen fuel on-site using a variety of methods, including solar power, electricity, etc.
Since these fuel cells may replace batteries and transform battery-powered forklifts into fuel cell forklifts, the majority of businesses are now focusing on the less than 10kW power section of fuel cells for forklift applications. Players are also focusing on the heavy-duty incorporation of fuel cell forklifts, but this is difficult because heavy-duty fuel cell forklift adoption is still extremely scarce and hydrogen infrastructure is pricey.
- 1. Executive Summary
- 2. Industry Outlook
- 2.1. Industry Overview
- 2.2. Industry Trends
- 3. Market Snapshot
- 3.1. Market Definition
- 3.2. Market Outlook
- 3.2.1. Porter Five Forces
- 3.3. Related Markets
- 4. Market characteristics
- 4.1. Market Overview
- 4.2. Market Segmentation
- 4.3. Market Dynamics
- 4.3.1. Drivers
- 4.3.2. Restraints
- 4.3.3. Opportunities
- 4.4. DRO - Impact Analysis
- 5. Type: Market Size & Analysis
- 5.1. Overview
- 5.2. PEMFC Forklift
- 5.3. DMFC Forklift
- 5.4. Others
- 6. Application: Market Size & Analysis
- 6.1. Overview
- 6.2. Warehouse Logistics
- 6.3. Dock Handling
- 6.4. Other
- 7. Geography: Market Size & Analysis
- 7.1. Overview
- 7.2. North America (U.S., Mexico, Canada)
- 7.3. Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia, Rest of Europe)
- 7.4. Asia Pacific (Japan, China, India, Australia, South East Asia, Rest of APAC)
- 7.5. Latin America (Brazil, Argentina)
- 7.6. Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East and Africa)
- 8. Competitive Landscape
- 8.1. Competitor Comparison Analysis
- 8.2. Market Developments
- 8.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships
- 8.2.2. Product Launches and execution
- 9. Vendor Profiles
- 9.1. Plug Power Inc.
- 9.1.1. Overview
- 9.1.2. Financial Overview
- 9.1.3. Product Offerings
- 9.1.4. Developments
- 9.1.5. Business Strategy
- 9.2. Hyster-Yale Materials Handling, Inc.
- 9.2.1. Overview
- 9.2.2. Financial Overview
- 9.2.3. Product Offerings
- 9.2.4. Developments
- 9.2.5. Business Strategy
- 9.3. Toyota Industries Corporation
- 9.3.1. Overview
- 9.3.2. Financial Overview
- 9.3.3. Product Offerings
- 9.3.4. Developments
- 9.3.5. Business Strategy
- 9.4. STILL GmbH
- 9.4.1. Overview
- 9.4.2. Financial Overview
- 9.4.3. Product Offerings
- 9.4.4. Developments
- 9.4.5. Business Strategy
- 9.5. Oorja Corporation
- 9.5.1. Overview
- 9.5.2. Financial Overview
- 9.5.3. Product Offerings
- 9.5.4. Developments
- 9.5.5. Business Strategy
- 9.6. Hydrogenics Corporation
- 9.6.1. Overview
- 9.6.2. Financial Overview
- 9.6.3. Product Offerings
- 9.6.4. Developments
- 9.6.5. Business Strategy
- 9.7. Beijing SinoHytec Co.
- 9.7.1. Overview
- 9.7.2. Financial Overview
- 9.7.3. Product Offerings
- 9.7.4. Developments
- 9.7.5. Business Strategy
- 9.8. NEL ASA
- 9.8.1. Overview
- 9.8.2. Financial Overview
- 9.8.3. Product Offerings
- 9.8.4. Developments
- 9.8.5. Business Strategy
- 9.9. Linde Material Handling
- 9.9.1. Overview
- 9.9.2. Financial Overview
- 9.9.3. Product Offerings
- 9.9.4. Developments
- 9.9.5. Business Strategy
- 10. Analyst Opinion
- 11. Annexure
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