Global Fuel Cell For Data Centers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Fuel Cell For Data Centers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The Fuel Cell is a device that can directly convert the chemical energy of fuel into electric energy, and has the characteristics of low pollution, low noise and high efficiency. The principle of fuel cell power generation is that hydrogen and oxygen combine for electrochemical reaction to generate direct current, water and heat. Fuel Cell For Data Centers can be divided into hydrogen fuel cells, solid oxide fuel cells, molten carbohydrate fuel cells and phosphate acid fuel cells. Fuel Cell For Data Centers is widely used in Telecoms Industry, ISPs (Internet Service Provider), CoLos (Co-Located Server Hosting Facilities), Server Farms, Corporate Data Centers, Universities/National Laboratories, etc. This report studies the global Fuel Cell For Data Centers industry.

Market Overview:

The latest research study on the global Fuel Cell For Data Centers market finds that the global Fuel Cell For Data Centers market reached a value of USD 126.21 million in 2022. It’s expected that the market will achieve USD 275.58 million by 2028, exhibiting a CAGR of 13.9% during the forecast period.

COVID-19's impact on the Fuel Cell For Data Centers industry

In the specific environment based on the outbreak of COVID-19, the global economy has been significantly affected, resulting in challenges and opportunities for the development status of various industries. The report is based on the impact of COVID-19 and conducts research on the Fuel Cell For Data Centers industry from different perspectives such as macroeconomics, industrial chains, and regions.

Market Driving Factors of Fuel Cell For Data Centers

Fuel Cell For Data Centers converts clean natural gas or renewable biogas into electricity, heat and water through electrochemical reaction. The power generated by this combustion-free power generation process has almost no pollutants, which supports the sustainable development goals of customers and promotes the public health of neighboring communities. In contrast, power generation based on internal combustion engine will produce harmful emissions, such as nitrogen oxides (NOx), sulfur dioxide (SOx) and particulate matter (PM). In many areas, the emission of nitrogen oxides and sulfur oxides has been controlled to minimize their adverse effects on health and smoke generation. Particulate matter emission is a public health problem because particulate matter will stay deep in human lung tissue and accumulate over time. Although some nitrogen oxides, sulfur oxides and particulate matter can be removed by waste gas treatment, the overall level is still significantly higher than that of clean fuel cell power generation. Exhaust gas treatment also increases cost and complexity. Compared with traditional power generation methods, Fuel Cell For Data Centers is more environmentally friendly and cleaner, which promotes the increase of demand for Fuel Cell For Data Centers.

Market Restraints of Fuel Cell For Data Centers

When the fuel cell works, it needs some special equipment, such as a refining and reforming unit for extracting hydrogen from methane, a battery and starting system, and auxiliary circuits, which are not needed in traditional data centers. Because of its high energy efficiency, low carbon emission and high reliability, fuel cell has become a promising power source for green data center. However, due to the mechanical limitations associated with fuel delivery, when the energy demand changes rapidly, the fuel cell is slow in regulating the power output, which is called limited load following. The peak workload that the server needs to deal with usually leads to a significant peak of power load, but the fuel cell that uses chemical process to convert gas into electricity cannot increase its power output quickly enough. Traditional utility infrastructure can handle this peak well. Currently, available fuel cells can meet the high power load, but the speed of fuel consumption is not enough to improve their power output to meet the needs of data centers. These factors will limit the development of Fuel Cell For Data Centers industry.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Doosan Fuel Cell America is one of the major players operating in the Fuel Cell For Data Centers market, holding a share of 20.34% in 2021.

Doosan Fuel Cell America are a global leader in providing clean, continuous-duty, cost-competitive stationary fuel cell energy systems. Doosan Fuel Cell America, Inc. is a new fuel cell company founded on the strength of the people and technology developed at United Technologies over the past fifty years. In July 2014, Doosan Corporation acquired the assets of ClearEdge Power (formerly UTC Power). Headquarters are in South Windsor, CT at the site of fuel cell R&D and manufacturing facilities.

FuelCell Energy delivers efficient, affordable and clean solutions for the supply, recovery and storage of energy. FuelCell Energy, Inc. design, manufacture, undertake project development, install, operate and maintain megawatt-scale fuel cell systems, serving utilities, industrial and large municipal power users with solutions that include both utility-scale and on-site power generation, carbon capture, local hydrogen production for transportation and industry, and long duration energy storage. With SureSource installations on three continents and millions of megawatt hours of ultra-clean power produced, FuelCell Energy, Inc. is a global leader with environmentally responsible power solutions.

Segmentation Overview:

Among different product types, Hydrogen Fuel Cells segment is anticipated to contribute the largest market share in 2027.

Hydrogen fuel cell uses hydrogen as fuel, and after electrochemical reaction with oxygen, it permeates proton exchange membrane to generate electric energy. Hydrogen reacts with oxygen to generate water, which does not discharge pollutants such as hydrocarbon, carbon monoxide, nitride and carbon dioxide, and has no pollution and high power generation efficiency.

Solid oxide fuel cell (SOFC) is an all-solid energy conversion device that directly converts chemical energy in fuel gas and oxidation gas into electrical energy, and has the structure of general fuel cell. Solid oxide fuel cell (SOFC) uses dense solid oxide as electrolyte, and operates at a high temperature of 800 ~ 1 000 C. The reaction gases are not in direct contact, so higher pressure can be used to reduce the volume of the reactor without the danger of combustion or explosion.

Molten carbonate fuel cell is a high-temperature fuel cell, which uses an electrolyte composed of molten carbonate mixture suspended in porous and chemically inert-alumina solid electrolyte ceramic matrix. Because they work at extremely high temperatures of 650 degrees Celsius (about 1200 degrees Fahrenheit) and above, non-precious metals can be used as catalysts for anodes and cathodes, thus reducing costs.

Phosphoric acid fuel cell (PAFC) is a fuel cell using liquid phosphoric acid as electrolyte. The electrolyte is high-concentration or pure liquid phosphoric acid (H3PO4), which is saturated in silicon carbide matrix (SiC). The working temperature range is about 150-210 C. The electrode is made of carbon paper coated with finely dispersed platinum catalyst.

Application Overview:

By application, the Telecoms Industry segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Fuel Cell For Data Centers market covered in Chapter 3:

Doosan Fuel Cell America
Ceres Power Holding
Hydrogenics
Toshiba Fuel Cell Power Systems Corporation
Ballard
FuelCell Energy, Inc.
Plug Power
Panasonic
Bloom Energy pvt. Ltd.
Altergy

In Chapter 4 and Chapter 14.2, on the basis of types, the Fuel Cell For Data Centers market from 2018 to 2029 is primarily split into:

Hydrogen Fuel Cells
Solid Oxide Fuel Cells
Molten Carbonate Fuel Cells
Phosphoric Acid Fuel Cells

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Fuel Cell For Data Centers market from 2018 to 2029 covers:

Telecoms Industry
ISPs (Internet Service Provider)
CoLos (Co-Located Server Hosting Facilities)
Server Farms
Corporate Data Centers
Universities/National Laboratories
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)