Fuel Cell Powertrain Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine
The global fuel cell powertrain market is expected to grow at a CAGR of around 68.7% during 2025-2034. This report on global fuel cell powertrain market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global fuel cell powertrain market by segmenting the market based on vehicle type, power output, component and region. Also, detailed profiles of companies operating in the fuel cell powertrain market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increasing Research & Developments
• Stringent Regulations Concerning Emissions
Market Challenges
• Demand for Electric Cars
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Vehicle Type
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
Market by Power Output
• Less Than 150 KW
• Between 150 to 250 KW
• More Than 250 KW
Market by Component
• Fuel Cell System
• Battery System
• Drive System
• Hydrogen Storage System
• Other Components
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Fuel Cell Powertrain Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Fuel Cell Powertrain Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global Fuel Cell Powertrain Market by Vehicle Type
- 5.1. Introduction
- 5.2. Passenger Cars
- 5.3. Light Commercial Vehicles
- 5.4. Heavy Commercial Vehicles
- 6. Global Fuel Cell Powertrain Market by Power Output
- 6.1. Introduction
- 6.2. Less Than 150 KW
- 6.3. Between 150 to 250 KW
- 6.4. More Than 250 KW
- 7. Global Fuel Cell Powertrain Market by Component
- 7.1. Introduction
- 7.2. Fuel Cell System
- 7.3. Battery System
- 7.4. Drive System
- 7.5. Hydrogen Storage System
- 7.6. Other Components
- 8. Global Fuel Cell Powertrain Market by Region
- 8.1. Introduction
- 8.2. Europe
- 8.2.1. Germany
- 8.2.2. United Kingdom
- 8.2.3. France
- 8.2.4. Italy
- 8.2.5. Spain
- 8.2.6. Russia
- 8.2.7. Netherlands
- 8.2.8. Rest of the Europe
- 8.3. North America
- 8.3.1. United States
- 8.3.2. Canada
- 8.4. Asia Pacific
- 8.4.1. China
- 8.4.2. Japan
- 8.4.3. India
- 8.4.4. South Korea
- 8.4.5. Australia
- 8.4.6. Indonesia
- 8.4.7. Rest of the Asia Pacific
- 8.5. Latin America
- 8.5.1. Mexico
- 8.5.2. Brazil
- 8.5.3. Argentina
- 8.5.4. Rest of Latin America
- 8.6. Middle East & Africa
- 8.6.1. Saudi Arabia
- 8.6.2. Turkey
- 8.6.3. Iran
- 8.6.4. United Arab Emirates
- 8.6.5. Rest of Middle East & Africa
- 9. SWOT Analysis
- 10. Porter’s Five Forces
- 11. Market Value Chain Analysis
- 12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Company Profiles
- 12.2.1. Ballard Power Systems Inc.
- 12.2.2. Continental AG
- 12.2.3. Cummins Inc.
- 12.2.4. Denso Corporation
- 12.2.5. FCP Fuel Cell Powertrain GmbH
- 12.2.6. FEV Europe GmbH
- 12.2.7. Hyundai Motor Company
- 12.2.8. Nuvera Fuel Cells, LLC
- 12.2.9. Robert Bosch GmbH
- 12.2.10. Shanghai Fuel Cell Vehicle Powertrain Co., Ltd.
- List of Figures
- Figure 1: Global Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 2: Global Fuel Cell Powertrain Market by Vehicle Type, 2024
- Figure 3: Global Fuel Cell Powertrain Market by Power Output, 2024
- Figure 4: Global Fuel Cell Powertrain Market by Component, 2024
- Figure 5: Global Fuel Cell Powertrain Market by Region, 2024
- Figure 6: Global Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 7: Global Fuel Cell Powertrain Market by Vehicle Type (in %), 2024 & 2034
- Figure 8: Global Passenger Cars Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 9: Global Passenger Cars Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 10: Global Light Commercial Vehicles Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 11: Global Light Commercial Vehicles Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 12: Global Heavy Commercial Vehicles Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 13: Global Heavy Commercial Vehicles Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 14: Global Fuel Cell Powertrain Market by Power Output (in %), 2024 & 2034
- Figure 15: Global Less Than 150 KW Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 16: Global Less Than 150 KW Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 17: Global Between 150 to 250 KW Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 18: Global Between 150 to 250 KW Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 19: Global More Than 250 KW Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 20: Global More Than 250 KW Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 21: Global Fuel Cell Powertrain Market by Component (in %), 2024 & 2034
- Figure 22: Global Fuel Cell System Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 23: Global Fuel Cell System Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 24: Global Battery System Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 25: Global Battery System Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 26: Global Drive System Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 27: Global Drive System Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 28: Global Hydrogen Storage System Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 29: Global Hydrogen Storage System Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 30: Global Other Components Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 31: Global Other Components Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 32: Global Fuel Cell Powertrain Market by Region (in %), 2024 & 2034
- Figure 33: Europe Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 34: Europe Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 35: Europe Fuel Cell Powertrain Market by Country (in %), 2024 & 2034
- Figure 36: Germany Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 37: United Kingdom Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 38: France Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 39: Italy Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 40: Spain Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 41: Russia Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 42: Netherlands Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 43: North America Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 44: North America Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 45: North America Fuel Cell Powertrain Market by Country (in %), 2024 & 2034
- Figure 46: United States Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 47: Canada Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 48: Asia Pacific Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 49: Asia Pacific Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 50: Asia Pacific Fuel Cell Powertrain Market by Country (in %), 2024 & 2034
- Figure 51: China Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 52: Japan Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 53: India Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 54: South Korea Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 55: Australia Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 56: Indonesia Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 57: Latin America Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 58: Latin America Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 59: Latin America Fuel Cell Powertrain Market by Country (in %), 2024 & 2034
- Figure 60: Mexico Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 61: Brazil Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 62: Argentina Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 63: Middle East & Africa Fuel Cell Powertrain Market (in US$ Million), 2020-2024
- Figure 64: Middle East & Africa Fuel Cell Powertrain Market (in US$ Million), 2025-2034
- Figure 65: Middle East & Africa Fuel Cell Powertrain Market by Country (in %), 2024 & 2034
- Figure 66: Saudi Arabia Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 67: Turkey Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 68: Iran Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 69: UAE Fuel Cell Powertrain Market (in US$ Million), 2020-2034
- Figure 70: Market Value Chain
- List of Tables
- Table 1: Global Fuel Cell Powertrain Market Portraiture
- Table 2: Global Fuel Cell Powertrain Market by Vehicle Type (in US$ Million), 2024 & 2034
- Table 3: Global Fuel Cell Powertrain Market by Power Output (in US$ Million), 2024 & 2034
- Table 4: Global Fuel Cell Powertrain Market by Component (in US$ Million), 2024 & 2034
- Table 5: Global Fuel Cell Powertrain Market by Region (in US$ Million), 2024 & 2034
- Table 6: Europe Fuel Cell Powertrain Market by Country (in US$ Million), 2024 & 2034
- Table 7: North America Fuel Cell Powertrain Market by Country (in US$ Million), 2024 & 2034
- Table 8: Asia Pacific Fuel Cell Powertrain Market by Country (in US$ Million), 2024 & 2034
- Table 9: Latin America Fuel Cell Powertrain Market by Country (in US$ Million), 2024 & 2034
- Table 10: Middle East & Africa Fuel Cell Powertrain Market by Country (in US$ Million),
- 2024 & 2034
- Table 11: List of Key Players
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook