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Global Fuel Cell Stacks Market Research Report 2024

Global Fuel Cell Stacks Market Research Report 2024

Publishing Date : Feb, 2024

License Type :
 

Report Code : 1381313

No of Pages : 116

Synopsis

The fuel cell stack is the heart of a fuel cell power system. It generates electricity in the form of direct current (DC) from electrochemical reactions that take place in the fuel cell. A fuel cell is an energy conversion device that continuously converts chemical energy in a fuel into electrical energy, as long as both the fuel and oxidant are available. It exhibits advantageous characteristics exceeding conventional combustion-based technologies that are currently applied in certain critical fields, such as electronic, housing power, power plants, passenger vehicles, as well as military applications. Operating with higher efficiency than combustion engines, fuel cells demonstrate an electrical energy conversion efficiency of 60% or more, with lower emissions. Water is the only product of the power generation process in hydrogen fuel cells, and thus there are no carbon dioxide emissions or air pollutants that create smog and cause health problems during operation. Moreover, fuel cells emit low noise during operation, because they contain fewer moving parts. Fuel cells come in many varieties, but they all work in generally the same manner. In essence, a fuel cell consists of three adjacent segments, namely, the anode, electrolyte, and cathode.

When hydrogen undergoes an oxidation reaction at the anode (), it generates cations that migrate to the cathode through the electrolyte and free electrons that flow the external circuit. Contrarily, a reduction reaction occurs at the cathode, where oxygen is reduced to water by the cations and electrons (Ralph et al., 1998). The electrochemical reaction that occurs at the cathode is . Based on the type of electrolyte used, fuel cells can be categorized into alkaline fuel cells (AFCs), PEMFCs, phosphoric acid fuel cells (PAFCs), molten carbonate fuel cells (MCFCs), and solid oxide fuel cells (SOFCs).

The global Fuel Cell Stacks market was valued at US$ 3879.9 million in 2023 and is anticipated to reach US$ 25470 million by 2030, witnessing a CAGR of 29.5% during the forecast period 2024-2030.

Global key players of Fuel Cell Stacks include Panasonic, Plug Power, Toshiba ESS, Hyundai Mobis and Toyota, etc. Global top five manufacturers hold a share nearly 50%. North America is the largest producer of Fuel Cell Stacks, with a share about 40%, followed by Japan and China.

This report aims to provide a comprehensive presentation of the global market for Fuel Cell Stacks, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fuel Cell Stacks.

Report Scope

The Fuel Cell Stacks market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Fuel Cell Stacks market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Fuel Cell Stacks manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

By Company

  • Panasonic
  • Plug Power
  • Toshiba ESS
  • Hyundai Mobis
  • Ballard
  • Toyota
  • SinoHytec
  • Cummins (Hydrogenics)
  • Pearl Hydrogen
  • Elring Klinger (EKPO)
  • Sunrise Power
  • CHEM
  • Symbio
  • Bosch
  • Nedstack
  • Cellcentric

Segment by Type

  • 10KW-100KW Fuel Cell Stacks
  • Above 100KW Fuel Cell Stacks
  • Below 5KW Fuel Cell Stacks
  • 5KW-10KW Fuel Cell Stacks

Segment by Application

  • Stationary
  • Automotive
  • Others

Production by Region

  • North America
  • Europe
  • China
  • Japan
  • South Korea

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Fuel Cell Stacks manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Fuel Cell Stacks by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Fuel Cell Stacks in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

Index

1 Fuel Cell Stacks Market Overview
1.1 Product Definition
1.2 Fuel Cell Stacks Segment by Type
1.2.1 Global Fuel Cell Stacks Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 10KW-100KW Fuel Cell Stacks
1.2.3 Above 100KW Fuel Cell Stacks
1.2.4 Below 5KW Fuel Cell Stacks
1.2.5 5KW-10KW Fuel Cell Stacks
1.3 Fuel Cell Stacks Segment by Application
1.3.1 Global Fuel Cell Stacks Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Stationary
1.3.3 Automotive
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Fuel Cell Stacks Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Fuel Cell Stacks Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Fuel Cell Stacks Production Estimates and Forecasts (2019-2030)
1.4.4 Global Fuel Cell Stacks Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Fuel Cell Stacks Production Market Share by Manufacturers (2019-2024)
2.2 Global Fuel Cell Stacks Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Fuel Cell Stacks, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Fuel Cell Stacks Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Fuel Cell Stacks Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Fuel Cell Stacks, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Fuel Cell Stacks, Product Offered and Application
2.8 Global Key Manufacturers of Fuel Cell Stacks, Date of Enter into This Industry
2.9 Fuel Cell Stacks Market Competitive Situation and Trends
2.9.1 Fuel Cell Stacks Market Concentration Rate
2.9.2 Global 5 and 10 Largest Fuel Cell Stacks Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Fuel Cell Stacks Production by Region
3.1 Global Fuel Cell Stacks Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Fuel Cell Stacks Production Value by Region (2019-2030)
3.2.1 Global Fuel Cell Stacks Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Fuel Cell Stacks by Region (2025-2030)
3.3 Global Fuel Cell Stacks Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Fuel Cell Stacks Production by Region (2019-2030)
3.4.1 Global Fuel Cell Stacks Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Fuel Cell Stacks by Region (2025-2030)
3.5 Global Fuel Cell Stacks Market Price Analysis by Region (2019-2024)
3.6 Global Fuel Cell Stacks Production and Value, Year-over-Year Growth
3.6.1 North America Fuel Cell Stacks Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Fuel Cell Stacks Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Fuel Cell Stacks Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Fuel Cell Stacks Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Fuel Cell Stacks Production Value Estimates and Forecasts (2019-2030)
4 Fuel Cell Stacks Consumption by Region
4.1 Global Fuel Cell Stacks Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Fuel Cell Stacks Consumption by Region (2019-2030)
4.2.1 Global Fuel Cell Stacks Consumption by Region (2019-2024)
4.2.2 Global Fuel Cell Stacks Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Fuel Cell Stacks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Fuel Cell Stacks Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Fuel Cell Stacks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Fuel Cell Stacks Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Fuel Cell Stacks Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Fuel Cell Stacks Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Fuel Cell Stacks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Fuel Cell Stacks Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Fuel Cell Stacks Production by Type (2019-2030)
5.1.1 Global Fuel Cell Stacks Production by Type (2019-2024)
5.1.2 Global Fuel Cell Stacks Production by Type (2025-2030)
5.1.3 Global Fuel Cell Stacks Production Market Share by Type (2019-2030)
5.2 Global Fuel Cell Stacks Production Value by Type (2019-2030)
5.2.1 Global Fuel Cell Stacks Production Value by Type (2019-2024)
5.2.2 Global Fuel Cell Stacks Production Value by Type (2025-2030)
5.2.3 Global Fuel Cell Stacks Production Value Market Share by Type (2019-2030)
5.3 Global Fuel Cell Stacks Price by Type (2019-2030)
6 Segment by Application
6.1 Global Fuel Cell Stacks Production by Application (2019-2030)
6.1.1 Global Fuel Cell Stacks Production by Application (2019-2024)
6.1.2 Global Fuel Cell Stacks Production by Application (2025-2030)
6.1.3 Global Fuel Cell Stacks Production Market Share by Application (2019-2030)
6.2 Global Fuel Cell Stacks Production Value by Application (2019-2030)
6.2.1 Global Fuel Cell Stacks Production Value by Application (2019-2024)
6.2.2 Global Fuel Cell Stacks Production Value by Application (2025-2030)
6.2.3 Global Fuel Cell Stacks Production Value Market Share by Application (2019-2030)
6.3 Global Fuel Cell Stacks Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Panasonic
7.1.1 Panasonic Fuel Cell Stacks Corporation Information
7.1.2 Panasonic Fuel Cell Stacks Product Portfolio
7.1.3 Panasonic Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Panasonic Main Business and Markets Served
7.1.5 Panasonic Recent Developments/Updates
7.2 Plug Power
7.2.1 Plug Power Fuel Cell Stacks Corporation Information
7.2.2 Plug Power Fuel Cell Stacks Product Portfolio
7.2.3 Plug Power Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Plug Power Main Business and Markets Served
7.2.5 Plug Power Recent Developments/Updates
7.3 Toshiba ESS
7.3.1 Toshiba ESS Fuel Cell Stacks Corporation Information
7.3.2 Toshiba ESS Fuel Cell Stacks Product Portfolio
7.3.3 Toshiba ESS Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Toshiba ESS Main Business and Markets Served
7.3.5 Toshiba ESS Recent Developments/Updates
7.4 Hyundai Mobis
7.4.1 Hyundai Mobis Fuel Cell Stacks Corporation Information
7.4.2 Hyundai Mobis Fuel Cell Stacks Product Portfolio
7.4.3 Hyundai Mobis Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Hyundai Mobis Main Business and Markets Served
7.4.5 Hyundai Mobis Recent Developments/Updates
7.5 Ballard
7.5.1 Ballard Fuel Cell Stacks Corporation Information
7.5.2 Ballard Fuel Cell Stacks Product Portfolio
7.5.3 Ballard Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Ballard Main Business and Markets Served
7.5.5 Ballard Recent Developments/Updates
7.6 Toyota
7.6.1 Toyota Fuel Cell Stacks Corporation Information
7.6.2 Toyota Fuel Cell Stacks Product Portfolio
7.6.3 Toyota Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Toyota Main Business and Markets Served
7.6.5 Toyota Recent Developments/Updates
7.7 SinoHytec
7.7.1 SinoHytec Fuel Cell Stacks Corporation Information
7.7.2 SinoHytec Fuel Cell Stacks Product Portfolio
7.7.3 SinoHytec Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.7.4 SinoHytec Main Business and Markets Served
7.7.5 SinoHytec Recent Developments/Updates
7.8 Cummins (Hydrogenics)
7.8.1 Cummins (Hydrogenics) Fuel Cell Stacks Corporation Information
7.8.2 Cummins (Hydrogenics) Fuel Cell Stacks Product Portfolio
7.8.3 Cummins (Hydrogenics) Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Cummins (Hydrogenics) Main Business and Markets Served
7.7.5 Cummins (Hydrogenics) Recent Developments/Updates
7.9 Pearl Hydrogen
7.9.1 Pearl Hydrogen Fuel Cell Stacks Corporation Information
7.9.2 Pearl Hydrogen Fuel Cell Stacks Product Portfolio
7.9.3 Pearl Hydrogen Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Pearl Hydrogen Main Business and Markets Served
7.9.5 Pearl Hydrogen Recent Developments/Updates
7.10 Elring Klinger (EKPO)
7.10.1 Elring Klinger (EKPO) Fuel Cell Stacks Corporation Information
7.10.2 Elring Klinger (EKPO) Fuel Cell Stacks Product Portfolio
7.10.3 Elring Klinger (EKPO) Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Elring Klinger (EKPO) Main Business and Markets Served
7.10.5 Elring Klinger (EKPO) Recent Developments/Updates
7.11 Sunrise Power
7.11.1 Sunrise Power Fuel Cell Stacks Corporation Information
7.11.2 Sunrise Power Fuel Cell Stacks Product Portfolio
7.11.3 Sunrise Power Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Sunrise Power Main Business and Markets Served
7.11.5 Sunrise Power Recent Developments/Updates
7.12 CHEM
7.12.1 CHEM Fuel Cell Stacks Corporation Information
7.12.2 CHEM Fuel Cell Stacks Product Portfolio
7.12.3 CHEM Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.12.4 CHEM Main Business and Markets Served
7.12.5 CHEM Recent Developments/Updates
7.13 Symbio
7.13.1 Symbio Fuel Cell Stacks Corporation Information
7.13.2 Symbio Fuel Cell Stacks Product Portfolio
7.13.3 Symbio Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Symbio Main Business and Markets Served
7.13.5 Symbio Recent Developments/Updates
7.14 Bosch
7.14.1 Bosch Fuel Cell Stacks Corporation Information
7.14.2 Bosch Fuel Cell Stacks Product Portfolio
7.14.3 Bosch Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Bosch Main Business and Markets Served
7.14.5 Bosch Recent Developments/Updates
7.15 Nedstack
7.15.1 Nedstack Fuel Cell Stacks Corporation Information
7.15.2 Nedstack Fuel Cell Stacks Product Portfolio
7.15.3 Nedstack Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Nedstack Main Business and Markets Served
7.15.5 Nedstack Recent Developments/Updates
7.16 Cellcentric
7.16.1 Cellcentric Fuel Cell Stacks Corporation Information
7.16.2 Cellcentric Fuel Cell Stacks Product Portfolio
7.16.3 Cellcentric Fuel Cell Stacks Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Cellcentric Main Business and Markets Served
7.16.5 Cellcentric Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Fuel Cell Stacks Industry Chain Analysis
8.2 Fuel Cell Stacks Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Fuel Cell Stacks Production Mode & Process
8.4 Fuel Cell Stacks Sales and Marketing
8.4.1 Fuel Cell Stacks Sales Channels
8.4.2 Fuel Cell Stacks Distributors
8.5 Fuel Cell Stacks Customers
9 Fuel Cell Stacks Market Dynamics
9.1 Fuel Cell Stacks Industry Trends
9.2 Fuel Cell Stacks Market Drivers
9.3 Fuel Cell Stacks Market Challenges
9.4 Fuel Cell Stacks Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Published By : QY Research

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