Global Fuel Cell Air Compressor Market Growth 2023-2029

Global Fuel Cell Air Compressor Market Growth 2023-2029

The Fuel Cell Air Compressor market covers Centrifugal, Roots, etc. The typical players include Rotrex A/S, UQM Technologies, 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.
LPI (LP Information)' newest research report, the “Fuel Cell Air Compressor Industry Forecast” looks at past sales and reviews total world Fuel Cell Air Compressor sales in 2022, providing a comprehensive analysis by region and market sector of projected Fuel Cell Air Compressor sales for 2023 through 2029. With Fuel Cell Air Compressor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fuel Cell Air Compressor industry.
This Insight Report provides a comprehensive analysis of the global Fuel Cell Air Compressor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fuel Cell Air Compressor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fuel Cell Air Compressor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fuel Cell Air Compressor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fuel Cell Air Compressor.
The global Fuel Cell Air Compressor market size is projected to grow from US$ 208.3 million in 2022 to US$ 341 million in 2029; it is expected to grow at a CAGR of 341 from 2023 to 2029.
Global key players of fuel cell air compressor include Garrett Motion, Hanon Systems, UQM Technologies, FISCHER Fuel Cell Compressor, Liebherr, Toyota Industries Corporation and Guangdong Guangshun New Energy Power Technology, etc. Among them, Garrett Motion is the largest manufacturer, with a share about 18 percent. North America is the largest market, with a share over 40%, followed by Europe. In terms of product, the centrifugal is the largest segment, occupying for a share about 70%, followed by roots and screw. In terms of application, passenger vehicle is the largest market, followed by commercial vehicle.
This report presents a comprehensive overview, market shares, and growth opportunities of Fuel Cell Air Compressor market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Centrifugal
Roots
Screw
Scroll
Others
Segmentation by application
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fuel Cell Air Compressor market?
What factors are driving Fuel Cell Air Compressor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fuel Cell Air Compressor market opportunities vary by end market size?
How does Fuel Cell Air Compressor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.