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Residential Fuel Cell-Global Market Insights and Sales Trends 2024
Synopsis
A home fuel cell is a residential-scaled energy system based on fuel cell technology.
The global Residential 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 Residential Fuel Cell in various end use industries. The expanding demands from the Apartment and House, are propelling Residential Fuel Cell market. PEM, 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 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 Residential 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 Residential 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 Residential Fuel Cell market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Residential 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 Residential Fuel Cell covered in this report include AISIN SEIKI, Elcore, Panasonic, SOLIDpower, TOSHIBA and Viessmann Werke, etc.
The global Residential 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:
AISIN SEIKI
Elcore
Panasonic
SOLIDpower
TOSHIBA
Viessmann Werke
Global Residential 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 Residential Fuel Cell market, Segment by Type:
PEM
SOFC
Global Residential Fuel Cell market, by Application
Apartment
House
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 Residential 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 Residential 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.
A home fuel cell is a residential-scaled energy system based on fuel cell technology.
The global Residential 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 Residential Fuel Cell in various end use industries. The expanding demands from the Apartment and House, are propelling Residential Fuel Cell market. PEM, 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 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 Residential 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 Residential 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 Residential Fuel Cell market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Residential 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 Residential Fuel Cell covered in this report include AISIN SEIKI, Elcore, Panasonic, SOLIDpower, TOSHIBA and Viessmann Werke, etc.
The global Residential 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:
AISIN SEIKI
Elcore
Panasonic
SOLIDpower
TOSHIBA
Viessmann Werke
Global Residential 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 Residential Fuel Cell market, Segment by Type:
PEM
SOFC
Global Residential Fuel Cell market, by Application
Apartment
House
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 Residential 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 Residential 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 Residential Fuel Cell Market Overview
1.1 Residential Fuel Cell Product Overview
1.2 Residential Fuel Cell Market Segment by Type
1.2.1 PEM
1.2.2 SOFC
1.3 Global Residential Fuel Cell Market Size by Type
1.3.1 Global Residential Fuel Cell Market Size Overview by Type (2018-2029)
1.3.2 Global Residential Fuel Cell Historic Market Size Review by Type (2018-2023)
1.3.3 Global Residential Fuel Cell Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Residential Fuel Cell Sales Breakdown by Type (2018-2023)
1.4.2 Europe Residential Fuel Cell Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Residential Fuel Cell Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Residential Fuel Cell Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Residential Fuel Cell Sales Breakdown by Type (2018-2023)
2 Global Residential Fuel Cell Market Competition by Company
2.1 Global Top Players by Residential Fuel Cell Sales (2018-2023)
2.2 Global Top Players by Residential Fuel Cell Revenue (2018-2023)
2.3 Global Top Players by Residential Fuel Cell Price (2018-2023)
2.4 Global Top Manufacturers Residential Fuel Cell Manufacturing Base Distribution, Sales Area, Product Type
2.5 Residential Fuel Cell Market Competitive Situation and Trends
2.5.1 Residential Fuel Cell Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Residential 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 Residential Fuel Cell as of 2022)
2.7 Date of Key Manufacturers Enter into Residential Fuel Cell Market
2.8 Key Manufacturers Residential Fuel Cell Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Residential Fuel Cell Status and Outlook by Region
3.1 Global Residential Fuel Cell Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Residential Fuel Cell Historic Market Size by Region
3.2.1 Global Residential Fuel Cell Sales in Volume by Region (2018-2023)
3.2.2 Global Residential Fuel Cell Sales in Value by Region (2018-2023)
3.2.3 Global Residential Fuel Cell Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Residential Fuel Cell Forecasted Market Size by Region
3.3.1 Global Residential Fuel Cell Sales in Volume by Region (2024-2029)
3.3.2 Global Residential Fuel Cell Sales in Value by Region (2024-2029)
3.3.3 Global Residential Fuel Cell Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Residential Fuel Cell by Application
4.1 Residential Fuel Cell Market Segment by Application
4.1.1 Apartment
4.1.2 House
4.2 Global Residential Fuel Cell Market Size by Application
4.2.1 Global Residential Fuel Cell Market Size Overview by Application (2018-2029)
4.2.2 Global Residential Fuel Cell Historic Market Size Review by Application (2018-2023)
4.2.3 Global Residential Fuel Cell Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Residential Fuel Cell Sales Breakdown by Application (2018-2023)
4.3.2 Europe Residential Fuel Cell Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Residential Fuel Cell Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Residential Fuel Cell Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Residential Fuel Cell Sales Breakdown by Application (2018-2023)
5 North America Residential Fuel Cell by Country
5.1 North America Residential Fuel Cell Historic Market Size by Country
5.1.1 North America Residential Fuel Cell Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Residential Fuel Cell Sales in Volume by Country (2018-2023)
5.1.3 North America Residential Fuel Cell Sales in Value by Country (2018-2023)
5.2 North America Residential Fuel Cell Forecasted Market Size by Country
5.2.1 North America Residential Fuel Cell Sales in Volume by Country (2024-2029)
5.2.2 North America Residential Fuel Cell Sales in Value by Country (2024-2029)
6 Europe Residential Fuel Cell by Country
6.1 Europe Residential Fuel Cell Historic Market Size by Country
6.1.1 Europe Residential Fuel Cell Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Residential Fuel Cell Sales in Volume by Country (2018-2023)
6.1.3 Europe Residential Fuel Cell Sales in Value by Country (2018-2023)
6.2 Europe Residential Fuel Cell Forecasted Market Size by Country
6.2.1 Europe Residential Fuel Cell Sales in Volume by Country (2024-2029)
6.2.2 Europe Residential Fuel Cell Sales in Value by Country (2024-2029)
7 Asia-Pacific Residential Fuel Cell by Region
7.1 Asia-Pacific Residential Fuel Cell Historic Market Size by Region
7.1.1 Asia-Pacific Residential Fuel Cell Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Residential Fuel Cell Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Residential Fuel Cell Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Residential Fuel Cell Forecasted Market Size by Region
7.2.1 Asia-Pacific Residential Fuel Cell Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Residential Fuel Cell Sales in Value by Region (2024-2029)
8 Latin America Residential Fuel Cell by Country
8.1 Latin America Residential Fuel Cell Historic Market Size by Country
8.1.1 Latin America Residential Fuel Cell Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Residential Fuel Cell Sales in Volume by Country (2018-2023)
8.1.3 Latin America Residential Fuel Cell Sales in Value by Country (2018-2023)
8.2 Latin America Residential Fuel Cell Forecasted Market Size by Country
8.2.1 Latin America Residential Fuel Cell Sales in Volume by Country (2024-2029)
8.2.2 Latin America Residential Fuel Cell Sales in Value by Country (2024-2029)
9 Middle East and Africa Residential Fuel Cell by Country
9.1 Middle East and Africa Residential Fuel Cell Historic Market Size by Country
9.1.1 Middle East and Africa Residential Fuel Cell Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Residential Fuel Cell Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Residential Fuel Cell Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Residential Fuel Cell Forecasted Market Size by Country
9.2.1 Middle East and Africa Residential Fuel Cell Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Residential Fuel Cell Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 AISIN SEIKI
10.1.1 AISIN SEIKI Company Information
10.1.2 AISIN SEIKI Introduction and Business Overview
10.1.3 AISIN SEIKI Residential Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.1.4 AISIN SEIKI Residential Fuel Cell Products Offered
10.1.5 AISIN SEIKI Recent Development
10.2 Elcore
10.2.1 Elcore Company Information
10.2.2 Elcore Introduction and Business Overview
10.2.3 Elcore Residential Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Elcore Residential Fuel Cell Products Offered
10.2.5 Elcore Recent Development
10.3 Panasonic
10.3.1 Panasonic Company Information
10.3.2 Panasonic Introduction and Business Overview
10.3.3 Panasonic Residential Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Panasonic Residential Fuel Cell Products Offered
10.3.5 Panasonic Recent Development
10.4 SOLIDpower
10.4.1 SOLIDpower Company Information
10.4.2 SOLIDpower Introduction and Business Overview
10.4.3 SOLIDpower Residential Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.4.4 SOLIDpower Residential Fuel Cell Products Offered
10.4.5 SOLIDpower Recent Development
10.5 TOSHIBA
10.5.1 TOSHIBA Company Information
10.5.2 TOSHIBA Introduction and Business Overview
10.5.3 TOSHIBA Residential Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.5.4 TOSHIBA Residential Fuel Cell Products Offered
10.5.5 TOSHIBA Recent Development
10.6 Viessmann Werke
10.6.1 Viessmann Werke Company Information
10.6.2 Viessmann Werke Introduction and Business Overview
10.6.3 Viessmann Werke Residential Fuel Cell Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Viessmann Werke Residential Fuel Cell Products Offered
10.6.5 Viessmann Werke Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Residential 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 Residential Fuel Cell Industrial Chain Analysis
11.4 Residential Fuel Cell Market Dynamics
11.4.1 Residential Fuel Cell Industry Trends
11.4.2 Residential Fuel Cell Market Drivers
11.4.3 Residential Fuel Cell Market Challenges
11.4.4 Residential Fuel Cell Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Residential Fuel Cell Distributors
12.3 Residential 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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