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Hydrogen fuel Battery-Global Market Insights and Sales Trends 2024
Synopsis
The global Hydrogen fuel Battery market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Hydrogen fuel Battery in various end use industries. The expanding demands from the Automotive, Aerospace and Others,, are propelling Hydrogen fuel Battery market. Air-cooled Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Water-cooled Type segment is estimated at % CAGR for the next seven-year period.
According to data released by the China Association of Automobile Manufacturers, in December 2022, the production and sales of hydrogen fuel cell vehicles in China was 653 and 607, respectively. In the whole year of 2022, the production and sales of hydrogen fuel cell vehicles was 3,626 and 3,367, a year-on-year increase of 105.4% and 112.8%, respectively. According to our Fuel Cell Research Center, by the end of 2022, the number of fuel cell vehicles in the world had reached 67,000 units, a year-on-year increase of 36.6%. Among them, the number of fuel cell vehicles in China was 12,682 units.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hydrogen fuel Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hydrogen fuel Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hydrogen fuel Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hydrogen fuel Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hydrogen fuel Battery covered in this report include Ballard Power, Toshiba, PLUG Power, Fuelcell Energy, Hydrogenics, Doosan Fuel Cell, Horizon, Intelligent Energy and Hyster-Yale Group, etc.
The global Hydrogen fuel Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Ballard Power
Toshiba
PLUG Power
Fuelcell Energy
Hydrogenics
Doosan Fuel Cell
Horizon
Intelligent Energy
Hyster-Yale Group
Nedstack
Pearl Hydrogen
Sunrise Power
Others
Global Hydrogen fuel Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hydrogen fuel Battery market, Segment by Type:
Air-cooled Type
Water-cooled Type
Global Hydrogen fuel Battery market, by Application
Automotive
Aerospace
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hydrogen fuel Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hydrogen fuel Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Hydrogen fuel Battery market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Hydrogen fuel Battery in various end use industries. The expanding demands from the Automotive, Aerospace and Others,, are propelling Hydrogen fuel Battery market. Air-cooled Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Water-cooled Type segment is estimated at % CAGR for the next seven-year period.
According to data released by the China Association of Automobile Manufacturers, in December 2022, the production and sales of hydrogen fuel cell vehicles in China was 653 and 607, respectively. In the whole year of 2022, the production and sales of hydrogen fuel cell vehicles was 3,626 and 3,367, a year-on-year increase of 105.4% and 112.8%, respectively. According to our Fuel Cell Research Center, by the end of 2022, the number of fuel cell vehicles in the world had reached 67,000 units, a year-on-year increase of 36.6%. Among them, the number of fuel cell vehicles in China was 12,682 units.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hydrogen fuel Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hydrogen fuel Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hydrogen fuel Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hydrogen fuel Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hydrogen fuel Battery covered in this report include Ballard Power, Toshiba, PLUG Power, Fuelcell Energy, Hydrogenics, Doosan Fuel Cell, Horizon, Intelligent Energy and Hyster-Yale Group, etc.
The global Hydrogen fuel Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Ballard Power
Toshiba
PLUG Power
Fuelcell Energy
Hydrogenics
Doosan Fuel Cell
Horizon
Intelligent Energy
Hyster-Yale Group
Nedstack
Pearl Hydrogen
Sunrise Power
Others
Global Hydrogen fuel Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hydrogen fuel Battery market, Segment by Type:
Air-cooled Type
Water-cooled Type
Global Hydrogen fuel Battery market, by Application
Automotive
Aerospace
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hydrogen fuel Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hydrogen fuel Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Hydrogen fuel Battery Market Overview
1.1 Hydrogen fuel Battery Product Overview
1.2 Hydrogen fuel Battery Market Segment by Type
1.2.1 Air-cooled Type
1.2.2 Water-cooled Type
1.3 Global Hydrogen fuel Battery Market Size by Type
1.3.1 Global Hydrogen fuel Battery Market Size Overview by Type (2018-2029)
1.3.2 Global Hydrogen fuel Battery Historic Market Size Review by Type (2018-2023)
1.3.3 Global Hydrogen fuel Battery Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Hydrogen fuel Battery Sales Breakdown by Type (2018-2023)
1.4.2 Europe Hydrogen fuel Battery Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Hydrogen fuel Battery Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Hydrogen fuel Battery Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Hydrogen fuel Battery Sales Breakdown by Type (2018-2023)
2 Global Hydrogen fuel Battery Market Competition by Company
2.1 Global Top Players by Hydrogen fuel Battery Sales (2018-2023)
2.2 Global Top Players by Hydrogen fuel Battery Revenue (2018-2023)
2.3 Global Top Players by Hydrogen fuel Battery Price (2018-2023)
2.4 Global Top Manufacturers Hydrogen fuel Battery Manufacturing Base Distribution, Sales Area, Product Type
2.5 Hydrogen fuel Battery Market Competitive Situation and Trends
2.5.1 Hydrogen fuel Battery Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Hydrogen fuel Battery Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Hydrogen fuel Battery as of 2022)
2.7 Date of Key Manufacturers Enter into Hydrogen fuel Battery Market
2.8 Key Manufacturers Hydrogen fuel Battery Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Hydrogen fuel Battery Status and Outlook by Region
3.1 Global Hydrogen fuel Battery Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Hydrogen fuel Battery Historic Market Size by Region
3.2.1 Global Hydrogen fuel Battery Sales in Volume by Region (2018-2023)
3.2.2 Global Hydrogen fuel Battery Sales in Value by Region (2018-2023)
3.2.3 Global Hydrogen fuel Battery Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Hydrogen fuel Battery Forecasted Market Size by Region
3.3.1 Global Hydrogen fuel Battery Sales in Volume by Region (2024-2029)
3.3.2 Global Hydrogen fuel Battery Sales in Value by Region (2024-2029)
3.3.3 Global Hydrogen fuel Battery Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Hydrogen fuel Battery by Application
4.1 Hydrogen fuel Battery Market Segment by Application
4.1.1 Automotive
4.1.2 Aerospace
4.1.3 Others
4.2 Global Hydrogen fuel Battery Market Size by Application
4.2.1 Global Hydrogen fuel Battery Market Size Overview by Application (2018-2029)
4.2.2 Global Hydrogen fuel Battery Historic Market Size Review by Application (2018-2023)
4.2.3 Global Hydrogen fuel Battery Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Hydrogen fuel Battery Sales Breakdown by Application (2018-2023)
4.3.2 Europe Hydrogen fuel Battery Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Hydrogen fuel Battery Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Hydrogen fuel Battery Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Hydrogen fuel Battery Sales Breakdown by Application (2018-2023)
5 North America Hydrogen fuel Battery by Country
5.1 North America Hydrogen fuel Battery Historic Market Size by Country
5.1.1 North America Hydrogen fuel Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Hydrogen fuel Battery Sales in Volume by Country (2018-2023)
5.1.3 North America Hydrogen fuel Battery Sales in Value by Country (2018-2023)
5.2 North America Hydrogen fuel Battery Forecasted Market Size by Country
5.2.1 North America Hydrogen fuel Battery Sales in Volume by Country (2024-2029)
5.2.2 North America Hydrogen fuel Battery Sales in Value by Country (2024-2029)
6 Europe Hydrogen fuel Battery by Country
6.1 Europe Hydrogen fuel Battery Historic Market Size by Country
6.1.1 Europe Hydrogen fuel Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Hydrogen fuel Battery Sales in Volume by Country (2018-2023)
6.1.3 Europe Hydrogen fuel Battery Sales in Value by Country (2018-2023)
6.2 Europe Hydrogen fuel Battery Forecasted Market Size by Country
6.2.1 Europe Hydrogen fuel Battery Sales in Volume by Country (2024-2029)
6.2.2 Europe Hydrogen fuel Battery Sales in Value by Country (2024-2029)
7 Asia-Pacific Hydrogen fuel Battery by Region
7.1 Asia-Pacific Hydrogen fuel Battery Historic Market Size by Region
7.1.1 Asia-Pacific Hydrogen fuel Battery Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Hydrogen fuel Battery Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Hydrogen fuel Battery Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Hydrogen fuel Battery Forecasted Market Size by Region
7.2.1 Asia-Pacific Hydrogen fuel Battery Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Hydrogen fuel Battery Sales in Value by Region (2024-2029)
8 Latin America Hydrogen fuel Battery by Country
8.1 Latin America Hydrogen fuel Battery Historic Market Size by Country
8.1.1 Latin America Hydrogen fuel Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Hydrogen fuel Battery Sales in Volume by Country (2018-2023)
8.1.3 Latin America Hydrogen fuel Battery Sales in Value by Country (2018-2023)
8.2 Latin America Hydrogen fuel Battery Forecasted Market Size by Country
8.2.1 Latin America Hydrogen fuel Battery Sales in Volume by Country (2024-2029)
8.2.2 Latin America Hydrogen fuel Battery Sales in Value by Country (2024-2029)
9 Middle East and Africa Hydrogen fuel Battery by Country
9.1 Middle East and Africa Hydrogen fuel Battery Historic Market Size by Country
9.1.1 Middle East and Africa Hydrogen fuel Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Hydrogen fuel Battery Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Hydrogen fuel Battery Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Hydrogen fuel Battery Forecasted Market Size by Country
9.2.1 Middle East and Africa Hydrogen fuel Battery Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Hydrogen fuel Battery Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Ballard Power
10.1.1 Ballard Power Company Information
10.1.2 Ballard Power Introduction and Business Overview
10.1.3 Ballard Power Hydrogen fuel Battery Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Ballard Power Hydrogen fuel Battery Products Offered
10.1.5 Ballard Power Recent Development
10.2 Toshiba
10.2.1 Toshiba Company Information
10.2.2 Toshiba Introduction and Business Overview
10.2.3 Toshiba Hydrogen fuel Battery Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Toshiba Hydrogen fuel Battery Products Offered
10.2.5 Toshiba Recent Development
10.3 PLUG Power
10.3.1 PLUG Power Company Information
10.3.2 PLUG Power Introduction and Business Overview
10.3.3 PLUG Power Hydrogen fuel Battery Sales, Revenue and Gross Margin (2018-2023)
10.3.4 PLUG Power Hydrogen fuel Battery Products Offered
10.3.5 PLUG Power Recent Development
10.4 Fuelcell Energy
10.4.1 Fuelcell Energy Company Information
10.4.2 Fuelcell Energy Introduction and Business Overview
10.4.3 Fuelcell Energy Hydrogen fuel Battery Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Fuelcell Energy Hydrogen fuel Battery Products Offered
10.4.5 Fuelcell Energy Recent Development
10.5 Hydrogenics
10.5.1 Hydrogenics Company Information
10.5.2 Hydrogenics Introduction and Business Overview
10.5.3 Hydrogenics Hydrogen fuel Battery Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Hydrogenics Hydrogen fuel Battery Products Offered
10.5.5 Hydrogenics Recent Development
10.6 Doosan Fuel Cell
10.6.1 Doosan Fuel Cell Company Information
10.6.2 Doosan Fuel Cell Introduction and Business Overview
10.6.3 Doosan Fuel Cell Hydrogen fuel Battery Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Doosan Fuel Cell Hydrogen fuel Battery Products Offered
10.6.5 Doosan Fuel Cell Recent Development
10.7 Horizon
10.7.1 Horizon Company Information
10.7.2 Horizon Introduction and Business Overview
10.7.3 Horizon Hydrogen fuel Battery Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Horizon Hydrogen fuel Battery Products Offered
10.7.5 Horizon Recent Development
10.8 Intelligent Energy
10.8.1 Intelligent Energy Company Information
10.8.2 Intelligent Energy Introduction and Business Overview
10.8.3 Intelligent Energy Hydrogen fuel Battery Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Intelligent Energy Hydrogen fuel Battery Products Offered
10.8.5 Intelligent Energy Recent Development
10.9 Hyster-Yale Group
10.9.1 Hyster-Yale Group Company Information
10.9.2 Hyster-Yale Group Introduction and Business Overview
10.9.3 Hyster-Yale Group Hydrogen fuel Battery Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hyster-Yale Group Hydrogen fuel Battery Products Offered
10.9.5 Hyster-Yale Group Recent Development
10.10 Nedstack
10.10.1 Nedstack Company Information
10.10.2 Nedstack Introduction and Business Overview
10.10.3 Nedstack Hydrogen fuel Battery Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Nedstack Hydrogen fuel Battery Products Offered
10.10.5 Nedstack Recent Development
10.11 Pearl Hydrogen
10.11.1 Pearl Hydrogen Company Information
10.11.2 Pearl Hydrogen Introduction and Business Overview
10.11.3 Pearl Hydrogen Hydrogen fuel Battery Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Pearl Hydrogen Hydrogen fuel Battery Products Offered
10.11.5 Pearl Hydrogen Recent Development
10.12 Sunrise Power
10.12.1 Sunrise Power Company Information
10.12.2 Sunrise Power Introduction and Business Overview
10.12.3 Sunrise Power Hydrogen fuel Battery Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Sunrise Power Hydrogen fuel Battery Products Offered
10.12.5 Sunrise Power Recent Development
10.13 Others
10.13.1 Others Company Information
10.13.2 Others Introduction and Business Overview
10.13.3 Others Hydrogen fuel Battery Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Others Hydrogen fuel Battery Products Offered
10.13.5 Others Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Hydrogen fuel Battery Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Hydrogen fuel Battery Industrial Chain Analysis
11.4 Hydrogen fuel Battery Market Dynamics
11.4.1 Hydrogen fuel Battery Industry Trends
11.4.2 Hydrogen fuel Battery Market Drivers
11.4.3 Hydrogen fuel Battery Market Challenges
11.4.4 Hydrogen fuel Battery Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Hydrogen fuel Battery Distributors
12.3 Hydrogen fuel Battery Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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