Fuel Cell Powertrain Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine

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

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