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Marine Fuel Cell-Global Market Insights and Sales Trends 2024
Synopsis
The global Marine Fuel Cell 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 Marine Fuel Cell in various end use industries. The expanding demands from the Commercial Use, Military Use and Civil Use,, are propelling Marine Fuel Cell market. Polymer Electrolyte Membrane Fuel Cell (PEMFC), 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 Solid Oxide Fuel Cell (SOFC) 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 Marine Fuel Cell, 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 Marine Fuel Cell 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 Marine Fuel Cell market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Marine Fuel Cell 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 Marine Fuel Cell covered in this report include Ballard Power Systems, ABB, PowerCell Sweden, Toshiba, Nuvera Fuel Cells, WATT Fuel Cell, Hydrogenics（Cummins）, Nedstack and Horizon Fuel Cell Technologies, etc.
The global Marine Fuel Cell 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 Systems
ABB
PowerCell Sweden
Toshiba
Nuvera Fuel Cells
WATT Fuel Cell
Hydrogenics（Cummins）
Nedstack
Horizon Fuel Cell Technologies
Global Marine Fuel Cell 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 Marine Fuel Cell market, Segment by Type:
Polymer Electrolyte Membrane Fuel Cell (PEMFC)
Solid Oxide Fuel Cell (SOFC)
Others
Global Marine Fuel Cell market, by Application
Commercial Use
Military Use
Civil Use
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 Marine Fuel Cell manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Marine Fuel Cell 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 Marine Fuel Cell 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 Marine Fuel Cell in various end use industries. The expanding demands from the Commercial Use, Military Use and Civil Use,, are propelling Marine Fuel Cell market. Polymer Electrolyte Membrane Fuel Cell (PEMFC), 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 Solid Oxide Fuel Cell (SOFC) 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 Marine Fuel Cell, 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 Marine Fuel Cell 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 Marine Fuel Cell market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Marine Fuel Cell 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 Marine Fuel Cell covered in this report include Ballard Power Systems, ABB, PowerCell Sweden, Toshiba, Nuvera Fuel Cells, WATT Fuel Cell, Hydrogenics（Cummins）, Nedstack and Horizon Fuel Cell Technologies, etc.
The global Marine Fuel Cell 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 Systems
ABB
PowerCell Sweden
Toshiba
Nuvera Fuel Cells
WATT Fuel Cell
Hydrogenics（Cummins）
Nedstack
Horizon Fuel Cell Technologies
Global Marine Fuel Cell 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 Marine Fuel Cell market, Segment by Type:
Polymer Electrolyte Membrane Fuel Cell (PEMFC)
Solid Oxide Fuel Cell (SOFC)
Others
Global Marine Fuel Cell market, by Application
Commercial Use
Military Use
Civil Use
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 Marine Fuel Cell manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Marine Fuel Cell 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 Marine Fuel Cell Market Overview
1.1 Marine Fuel Cell Product Overview
1.2 Marine Fuel Cell Market Segment by Type
1.2.1 Polymer Electrolyte Membrane Fuel Cell (PEMFC)
1.2.2 Solid Oxide Fuel Cell (SOFC)
1.2.3 Others
1.3 Global Marine Fuel Cell Market Size by Type
1.3.1 Global Marine Fuel Cell Market Size Overview by Type (2018-2029)
1.3.2 Global Marine Fuel Cell Historic Market Size Review by Type (2018-2023)
1.3.3 Global Marine Fuel Cell Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Marine Fuel Cell Sales Breakdown by Type (2018-2023)
1.4.2 Europe Marine Fuel Cell Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Marine Fuel Cell Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Marine Fuel Cell Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Marine Fuel Cell Sales Breakdown by Type (2018-2023)
2 Global Marine Fuel Cell Market Competition by Company
2.1 Global Top Players by Marine Fuel Cell Sales (2018-2023)
2.2 Global Top Players by Marine Fuel Cell Revenue (2018-2023)
2.3 Global Top Players by Marine Fuel Cell Price (2018-2023)
2.4 Global Top Manufacturers Marine Fuel Cell Manufacturing Base Distribution, Sales Area, Product Type
2.5 Marine Fuel Cell Market Competitive Situation and Trends
2.5.1 Marine Fuel Cell Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Marine Fuel Cell 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 Marine Fuel Cell as of 2022)
2.7 Date of Key Manufacturers Enter into Marine Fuel Cell Market
2.8 Key Manufacturers Marine Fuel Cell Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Marine Fuel Cell Status and Outlook by Region
3.1 Global Marine Fuel Cell Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Marine Fuel Cell Historic Market Size by Region
3.2.1 Global Marine Fuel Cell Sales in Volume by Region (2018-2023)
3.2.2 Global Marine Fuel Cell Sales in Value by Region (2018-2023)
3.2.3 Global Marine Fuel Cell Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Marine Fuel Cell Forecasted Market Size by Region
3.3.1 Global Marine Fuel Cell Sales in Volume by Region (2024-2029)
3.3.2 Global Marine Fuel Cell Sales in Value by Region (2024-2029)
3.3.3 Global Marine Fuel Cell Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Marine Fuel Cell by Application
4.1 Marine Fuel Cell Market Segment by Application
4.1.1 Commercial Use
4.1.2 Military Use
4.1.3 Civil Use
4.2 Global Marine Fuel Cell Market Size by Application
4.2.1 Global Marine Fuel Cell Market Size Overview by Application (2018-2029)
4.2.2 Global Marine Fuel Cell Historic Market Size Review by Application (2018-2023)
4.2.3 Global Marine Fuel Cell Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Marine Fuel Cell Sales Breakdown by Application (2018-2023)
4.3.2 Europe Marine Fuel Cell Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Marine Fuel Cell Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Marine Fuel Cell Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Marine Fuel Cell Sales Breakdown by Application (2018-2023)
5 North America Marine Fuel Cell by Country
5.1 North America Marine Fuel Cell Historic Market Size by Country
5.1.1 North America Marine Fuel Cell Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Marine Fuel Cell Sales in Volume by Country (2018-2023)
5.1.3 North America Marine Fuel Cell Sales in Value by Country (2018-2023)
5.2 North America Marine Fuel Cell Forecasted Market Size by Country
5.2.1 North America Marine Fuel Cell Sales in Volume by Country (2024-2029)
5.2.2 North America Marine Fuel Cell Sales in Value by Country (2024-2029)
6 Europe Marine Fuel Cell by Country
6.1 Europe Marine Fuel Cell Historic Market Size by Country
6.1.1 Europe Marine Fuel Cell Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Marine Fuel Cell Sales in Volume by Country (2018-2023)
6.1.3 Europe Marine Fuel Cell Sales in Value by Country (2018-2023)
6.2 Europe Marine Fuel Cell Forecasted Market Size by Country
6.2.1 Europe Marine Fuel Cell Sales in Volume by Country (2024-2029)
6.2.2 Europe Marine Fuel Cell Sales in Value by Country (2024-2029)
7 Asia-Pacific Marine Fuel Cell by Region
7.1 Asia-Pacific Marine Fuel Cell Historic Market Size by Region
7.1.1 Asia-Pacific Marine Fuel Cell Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Marine Fuel Cell Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Marine Fuel Cell Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Marine Fuel Cell Forecasted Market Size by Region
7.2.1 Asia-Pacific Marine Fuel Cell Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Marine Fuel Cell Sales in Value by Region (2024-2029)
8 Latin America Marine Fuel Cell by Country
8.1 Latin America Marine Fuel Cell Historic Market Size by Country
8.1.1 Latin America Marine Fuel Cell Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Marine Fuel Cell Sales in Volume by Country (2018-2023)
8.1.3 Latin America Marine Fuel Cell Sales in Value by Country (2018-2023)
8.2 Latin America Marine Fuel Cell Forecasted Market Size by Country
8.2.1 Latin America Marine Fuel Cell Sales in Volume by Country (2024-2029)
8.2.2 Latin America Marine Fuel Cell Sales in Value by Country (2024-2029)
9 Middle East and Africa Marine Fuel Cell by Country
9.1 Middle East and Africa Marine Fuel Cell Historic Market Size by Country
9.1.1 Middle East and Africa Marine Fuel Cell Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Marine Fuel Cell Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Marine Fuel Cell Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Marine Fuel Cell Forecasted Market Size by Country
9.2.1 Middle East and Africa Marine Fuel Cell Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Marine Fuel Cell Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Ballard Power Systems
10.1.1 Ballard Power Systems Company Information
10.1.2 Ballard Power Systems Introduction and Business Overview
10.1.3 Ballard Power Systems Marine Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Ballard Power Systems Marine Fuel Cell Products Offered
10.1.5 Ballard Power Systems Recent Development
10.2 ABB
10.2.1 ABB Company Information
10.2.2 ABB Introduction and Business Overview
10.2.3 ABB Marine Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.2.4 ABB Marine Fuel Cell Products Offered
10.2.5 ABB Recent Development
10.3 PowerCell Sweden
10.3.1 PowerCell Sweden Company Information
10.3.2 PowerCell Sweden Introduction and Business Overview
10.3.3 PowerCell Sweden Marine Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.3.4 PowerCell Sweden Marine Fuel Cell Products Offered
10.3.5 PowerCell Sweden Recent Development
10.4 Toshiba
10.4.1 Toshiba Company Information
10.4.2 Toshiba Introduction and Business Overview
10.4.3 Toshiba Marine Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Toshiba Marine Fuel Cell Products Offered
10.4.5 Toshiba Recent Development
10.5 Nuvera Fuel Cells
10.5.1 Nuvera Fuel Cells Company Information
10.5.2 Nuvera Fuel Cells Introduction and Business Overview
10.5.3 Nuvera Fuel Cells Marine Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Nuvera Fuel Cells Marine Fuel Cell Products Offered
10.5.5 Nuvera Fuel Cells Recent Development
10.6 WATT Fuel Cell
10.6.1 WATT Fuel Cell Company Information
10.6.2 WATT Fuel Cell Introduction and Business Overview
10.6.3 WATT Fuel Cell Marine Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.6.4 WATT Fuel Cell Marine Fuel Cell Products Offered
10.6.5 WATT Fuel Cell Recent Development
10.7 Hydrogenics（Cummins）
10.7.1 Hydrogenics（Cummins） Company Information
10.7.2 Hydrogenics（Cummins） Introduction and Business Overview
10.7.3 Hydrogenics（Cummins） Marine Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hydrogenics（Cummins） Marine Fuel Cell Products Offered
10.7.5 Hydrogenics（Cummins） Recent Development
10.8 Nedstack
10.8.1 Nedstack Company Information
10.8.2 Nedstack Introduction and Business Overview
10.8.3 Nedstack Marine Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Nedstack Marine Fuel Cell Products Offered
10.8.5 Nedstack Recent Development
10.9 Horizon Fuel Cell Technologies
10.9.1 Horizon Fuel Cell Technologies Company Information
10.9.2 Horizon Fuel Cell Technologies Introduction and Business Overview
10.9.3 Horizon Fuel Cell Technologies Marine Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Horizon Fuel Cell Technologies Marine Fuel Cell Products Offered
10.9.5 Horizon Fuel Cell Technologies Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Marine Fuel Cell 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 Marine Fuel Cell Industrial Chain Analysis
11.4 Marine Fuel Cell Market Dynamics
11.4.1 Marine Fuel Cell Industry Trends
11.4.2 Marine Fuel Cell Market Drivers
11.4.3 Marine Fuel Cell Market Challenges
11.4.4 Marine Fuel Cell Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Marine Fuel Cell Distributors
12.3 Marine Fuel Cell 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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