1 エグゼクティブ・サマリー
2 序文
2.1 概要
2.2 ステークホルダー
2.3 調査範囲
2.4 調査方法
2.4.1 データマイニング
2.4.2 データ分析
2.4.3 データの検証
2.4.4 リサーチアプローチ
2.5 リサーチソース
2.5.1 一次調査ソース
2.5.2 セカンダリーリサーチソース
2.5.3 前提条件
3 市場動向分析
3.1 はじめに
3.2 推進要因
3.3 抑制要因
3.4 機会
3.5 脅威
3.6 技術分析
3.7 アプリケーション分析
3.8 エンドユーザー分析
3.9 新興市場
3.10 Covid-19の影響
4 ポーターズファイブフォース分析
4.1 供給者の交渉力
4.2 買い手の交渉力
4.3 代替品の脅威
4.4 新規参入の脅威
4.5 競争上のライバル関係
5 水素燃料電池の世界市場（タイプ別
5.1 はじめに
5.2 空冷式
5.3 水冷式
5.4 その他のタイプ
6 水素燃料電池の世界市場：技術別
6.1 はじめに
6.2 プロトン交換膜燃料電池
6.3 リン酸型燃料電池
6.4 固体酸化物燃料電池
6.5 ポリマー交換膜燃料電池（PEMFC）
6.6 直接メタノール型燃料電池（DMFC）
6.7 溶融炭酸塩燃料電池
6.8 その他の技術
7 水素燃料電池の世界市場（用途別
7.1 はじめに
7.2 定置用
7.3 輸送用
7.3.1 乗用車
7.3.2 商用車
7.4 ポータブル
7.5 その他の用途
8 水素燃料電池の世界市場：エンドユーザー別
8.1 はじめに
8.2 燃料電池自動車
8.3 ユーティリティ
8.4 防衛
8.5 その他のエンドユーザー
9 水素燃料電池の世界市場、地域別
9.1 はじめに
9.2 北米
9.2.1 アメリカ
9.2.2 カナダ
9.2.3 メキシコ
9.3 ヨーロッパ
9.3.1 ドイツ
9.3.2 イギリス
9.3.3 イタリア
9.3.4 フランス
9.3.5 スペイン
9.3.6 その他のヨーロッパ
9.4 アジア太平洋
9.4.1 日本
9.4.2 中国
9.4.3 インド
9.4.4 オーストラリア
9.4.5 ニュージーランド
9.4.6 韓国
9.4.7 その他のアジア太平洋地域
9.5 南米
9.5.1 アルゼンチン
9.5.2 ブラジル
9.5.3 チリ
9.5.4 その他の南米地域
9.6 中東・アフリカ
9.6.1 サウジアラビア
9.6.2 アラブ首長国連邦
9.6.3 カタール
9.6.4 南アフリカ
9.6.5 その他の中東・アフリカ地域
10 主要開発
10.1 契約、パートナーシップ、提携、合弁事業
10.2 買収と合併
10.3 新製品上市
10.4 事業拡大
10.5 その他の主要戦略
11 会社プロファイル
Ceres Power Holdings plc
Bloom Energy Corporation
Daimler AG
AFC Energy plc
Doosan Fuel Cell Co. Ltd.
BMW Group
FuelCell Energy, Inc
General Motors Company
Ballard Power Systems Inc.
Panasonic Corporation
Nedstack Fuel Cell Technology BV
Honda Motor Co. Ltd
Toshiba Corporation
Audi AG
Plug Power Inc.
Volvo Group
Toyota Motor Corporation and SFC Energy AG.
表一覧
表1 水素燃料電池の世界市場展望、地域別（2022-2030年） ($MN)
表2 水素燃料電池の世界市場展望、タイプ別（2022-2030年） ($MN)
表3 水素燃料電池の世界市場展望、空冷タイプ別 (2022-2030) ($MN)
表4 水素燃料電池の世界市場展望、水冷式タイプ別 (2022-2030) ($MN)
表5 水素燃料電池の世界市場展望、その他のタイプ別 (2022-2030) ($MN)
表6 水素燃料電池の世界市場展望、技術別 (2022-2030) ($MN)
表7 水素燃料電池の世界市場展望、固体高分子形燃料電池別 (2022-2030) ($MN)
表8 水素燃料電池の世界市場展望、リン酸型燃料電池別 (2022-2030) ($MN)
表9 水素燃料電池の世界市場展望、固体酸化物燃料電池別 (2022-2030) ($MN)
表10 水素燃料電池の世界市場展望、高分子交換膜燃料電池（PEMFC）別 (2022-2030) ($MN)
表11 水素燃料電池の世界市場展望、ダイレクトメタノール型燃料電池（DMFC）別 (2022-2030) ($MN)
表12 水素燃料電池の世界市場展望、溶融炭酸塩燃料電池別 (2022-2030) ($MN)
表13 水素燃料電池の世界市場展望、その他の技術別 (2022-2030) ($MN)
表14 水素燃料電池の世界市場展望、用途別 (2022-2030) ($MN)
表15 水素燃料電池の世界市場展望、定置式別 (2022-2030) ($MN)
表16 水素燃料電池の世界市場展望、輸送機関別 (2022-2030) ($MN)
表17 水素燃料電池の世界市場展望：乗用車別（2022-2030年） ($MN)
表18 水素燃料電池の世界市場展望、商用車別 (2022-2030) ($MN)
表19 水素燃料電池の世界市場展望、ポータブル車別 (2022-2030) ($MN)
表20 水素燃料電池の世界市場展望、その他の用途別 (2022-2030) ($MN)
表21 水素燃料電池の世界市場展望、エンドユーザー別 (2022-2030) ($MN)
表22 水素燃料電池の世界市場展望、燃料電池自動車別 (2022-2030) ($MN)
表23 水素燃料電池の世界市場展望、公益事業別 (2022-2030) ($MN)
表24 水素燃料電池の世界市場展望、防衛別 (2022-2030) ($MN)
表25 水素燃料電池の世界市場展望、その他のエンドユーザー別 (2022-2030) ($MN)
表26 北米の水素燃料電池の市場展望、国別 (2022-2030) ($MN)
表27 北米の水素燃料電池の市場展望、タイプ別 (2022-2030) ($MN)
表28 北米の水素燃料電池の市場展望、空冷タイプ別 (2022-2030) ($MN)
表29 北米の水素燃料電池の市場展望、水冷式タイプ別 (2022-2030) ($MN)
表30 北米の水素燃料電池の市場展望、その他のタイプ別 (2022-2030) ($MN)
表31 北米の水素燃料電池の市場展望、技術別 (2022-2030) ($MN)
表32 北米の水素燃料電池の市場展望、固体高分子形燃料電池別 (2022-2030) ($MN)
表33 北米の水素燃料電池の市場展望、リン酸型燃料電池別 (2022-2030) ($MN)
表34 北米の水素燃料電池市場の展望、固体酸化物燃料電池別 (2022-2030) ($MN)
表35 北米の水素燃料電池の市場展望、高分子交換膜燃料電池（PEMFC）別 (2022-2030) ($MN)
表36 北米の水素燃料電池の市場展望、ダイレクトメタノール燃料電池（DMFC）別（2022-2030年） ($MN)
表37 北米の水素燃料電池市場の展望、溶融炭酸塩燃料電池別 (2022-2030) ($MN)
表38 北米の水素燃料電池市場の展望、その他の技術別 (2022-2030) ($MN)
表39 北米の水素燃料電池の市場展望、用途別 (2022-2030) ($MN)
表40 北米の水素燃料電池の市場展望：定置型（2022-2030年）別 ($MN)
表41 北米水素燃料電池市場の展望：輸送機関別（2022-2030年） ($MN)
表42 北米の水素燃料電池市場の展望：乗用車別（2022-2030年） ($MN)
表43 北米の水素燃料電池の市場展望、商用車別 (2022-2030) ($MN)
表44 北米の水素燃料電池の市場展望：携帯型（2022-2030年）別 ($MN)
表45 北米の水素燃料電池の市場展望、その他の用途別 (2022-2030) ($MN)
表46 北米水素燃料電池市場の展望：エンドユーザー別 (2022-2030) ($MN)
表47 北米の水素燃料電池の市場展望、燃料電池自動車別 (2022-2030) ($MN)
表48 北米の水素燃料電池の市場展望、公益事業別 (2022-2030) ($MN)
表49 北米の水素燃料電池市場の展望：防衛（2022-2030年）別 ($MN)
表50 北米の水素燃料電池市場の展望：その他のエンドユーザー別 (2022-2030) ($MN)
表51 ヨーロッパの水素燃料電池の市場展望、国別 (2022-2030) ($MN)
表52 ヨーロッパの水素燃料電池の市場展望、タイプ別 (2022-2030) ($MN)
表53 ヨーロッパの水素燃料電池の市場展望、空冷タイプ別 (2022-2030) ($MN)
表54 ヨーロッパの水素燃料電池の市場展望、水冷式タイプ別 (2022-2030) ($MN)
表55 ヨーロッパの水素燃料電池の市場展望、その他のタイプ別 (2022-2030) ($MN)
表56 ヨーロッパの水素燃料電池の市場展望、技術別 (2022-2030) ($MN)
表57 ヨーロッパの水素燃料電池の市場展望、固体高分子形燃料電池別 (2022-2030) ($MN)
表58 ヨーロッパの水素燃料電池の市場展望、リン酸型燃料電池別 (2022-2030) ($MN)
表59 ヨーロッパの水素燃料電池市場の展望、固体酸化物燃料電池別 (2022-2030) ($MN)
表60 ヨーロッパの水素燃料電池の市場展望、高分子交換膜燃料電池（PEMFC）別 (2022-2030) ($MN)
表61 ヨーロッパの水素燃料電池の市場展望、ダイレクトメタノール型燃料電池（DMFC）別 (2022-2030) ($MN)
表62 ヨーロッパの水素燃料電池の市場展望、溶融炭酸塩燃料電池別 (2022-2030) ($MN)
表63 ヨーロッパの水素燃料電池の市場展望、その他の技術別 (2022-2030) ($MN)
表64 ヨーロッパの水素燃料電池の市場展望、用途別 (2022-2030) ($MN)
表65 ヨーロッパの水素燃料電池の市場展望：定置型（2022-2030年）別 ($MN)
表 66 ヨーロッパの水素燃料電池市場の展望：輸送手段別（2022-2030年） ($MN)
表67 ヨーロッパの水素燃料電池市場の展望：乗用車別（2022-2030年） ($MN)
表68 ヨーロッパの水素燃料電池市場の展望：商用車 (2022-2030年) ($MN)
表69 ヨーロッパの水素燃料電池の市場展望：携帯型（2022-2030年）別 ($MN)
表70 ヨーロッパの水素燃料電池の市場展望、その他の用途別 (2022-2030) ($MN)
表71 ヨーロッパの水素燃料電池市場の展望：エンドユーザー別 (2022-2030) ($MN)
表72 ヨーロッパの水素燃料電池の市場展望、燃料電池自動車別 (2022-2030) ($MN)
表73 ヨーロッパの水素燃料電池の市場展望、公益事業別 (2022-2030) ($MN)
表74 ヨーロッパの水素燃料電池市場の展望：防衛（2022-2030年）別 ($MN)
表75 ヨーロッパの水素燃料電池市場の展望：その他のエンドユーザー別 (2022-2030) ($MN)
表76 アジア太平洋地域の水素燃料電池の市場展望、国別 (2022-2030) ($MN)
表77 アジア太平洋地域の水素燃料電池の市場展望、タイプ別 (2022-2030) ($MN)
表78 アジア太平洋地域の水素燃料電池の市場展望、空冷タイプ別 (2022-2030) ($MN)
表79 アジア太平洋地域の水素燃料電池の市場展望、水冷式タイプ別 (2022-2030) ($MN)
表80 アジア太平洋地域の水素燃料電池の市場展望、その他のタイプ別 (2022-2030) ($MN)
表81 アジア太平洋地域の水素燃料電池の市場展望、技術別 (2022-2030) ($MN)
表82 アジア太平洋地域の水素燃料電池の市場展望、固体高分子形燃料電池別 (2022-2030) ($MN)
表83 アジア太平洋地域の水素燃料電池の市場展望、リン酸型燃料電池別 (2022-2030) ($MN)
表84 アジア太平洋地域の水素燃料電池市場の展望、固体酸化物燃料電池別 (2022-2030) ($MN)
表85 アジア太平洋地域の水素燃料電池の市場展望、固体高分子形燃料電池（PEMFC）別 (2022-2030) ($MN)
表86 アジア太平洋地域の水素燃料電池の市場展望、直接メタノール型燃料電池（DMFC）別 (2022-2030) ($MN)
表87 アジア太平洋地域の水素燃料電池の市場展望、溶融炭酸塩燃料電池別 (2022-2030) ($MN)
表88 アジア太平洋地域の水素燃料電池の市場展望、その他の技術別 (2022-2030) ($MN)
表89 アジア太平洋地域の水素燃料電池の市場展望、用途別 (2022-2030) ($MN)
表90 アジア太平洋地域の水素燃料電池の市場展望：定置型（2022-2030年）別 ($MN)
表91 アジア太平洋地域の水素燃料電池市場の展望：輸送手段別（2022-2030年） ($MN)
表92 アジア太平洋地域の水素燃料電池の市場展望：乗用車別（2022-2030年） ($MN)
表93 アジア太平洋地域の水素燃料電池の市場展望、商用車別（2022-2030年） ($MN)
表94 アジア太平洋地域の水素燃料電池の市場展望、ポータブル車種別 (2022-2030) ($MN)
表95 アジア太平洋地域の水素燃料電池の市場展望、その他の用途別 (2022-2030) ($MN)
表96 アジア太平洋地域の水素燃料電池の市場展望、エンドユーザー別 (2022-2030) ($MN)
表97 アジア太平洋地域の水素燃料電池の市場展望、燃料電池自動車別 (2022-2030) ($MN)
表98 アジア太平洋地域の水素燃料電池の市場展望、公益事業別 (2022-2030) ($MN)
表99 アジア太平洋地域の水素燃料電池の市場展望：防衛（2022-2030年）別 ($MN)
表100 アジア太平洋地域の水素燃料電池の市場展望、その他のエンドユーザー別 (2022-2030) ($MN)
表101 南米の水素燃料電池の市場展望、国別 (2022-2030) ($MN)
表102 南米の水素燃料電池の市場展望、タイプ別 (2022-2030) ($MN)
表103 南米の水素燃料電池の市場展望：空冷式タイプ別 (2022-2030) ($MN)
表104 南米の水素燃料電池の市場展望、水冷式タイプ別 (2022-2030) ($MN)
表105 南米の水素燃料電池の市場展望、その他のタイプ別 (2022-2030) ($MN)
表106 南米の水素燃料電池の市場展望、技術別 (2022-2030) ($MN)
表107 南米の水素燃料電池の市場展望、固体高分子形燃料電池別 (2022-2030) ($MN)
表108 南米の水素燃料電池の市場展望、リン酸型燃料電池別 (2022-2030) ($MN)
表109 南米の水素燃料電池市場の展望、固体酸化物燃料電池別 (2022-2030) ($MN)
表110 南米の水素燃料電池の市場展望、高分子交換膜燃料電池（PEMFC）別 (2022-2030) ($MN)
表111 南米の水素燃料電池の市場展望、ダイレクトメタノール燃料電池（DMFC）別（2022-2030年） ($MN)
表112 南米の水素燃料電池の市場展望、溶融炭酸塩燃料電池別 (2022-2030) ($MN)
表113 南米の水素燃料電池の市場展望、その他の技術別 (2022-2030) ($MN)
表114 南米の水素燃料電池の市場展望、用途別 (2022-2030) ($MN)
表115 南米の水素燃料電池の市場展望：定置型（2022-2030年）別 ($MN)
表116 南米の水素燃料電池市場の展望：輸送手段別（2022-2030年） ($MN)
表117 南米の水素燃料電池市場の展望：乗用車別（2022-2030年） ($MN)
表118 南米の水素燃料電池市場の展望：商用車別（2022-2030年） ($MN)
表119 南米の水素燃料電池の市場展望：携帯型（2022-2030年） ($MN)
表120 南米の水素燃料電池の市場展望、その他の用途別 (2022-2030) ($MN)
表121 南米の水素燃料電池の市場展望：エンドユーザー別 (2022-2030) ($MN)
表122 南米の水素燃料電池の市場展望、燃料電池自動車別 (2022-2030) ($MN)
表123 南米の水素燃料電池市場の展望：公益事業別（2022-2030年） ($MN)
表124 南米の水素燃料電池の市場展望：防衛（2022-2030年）別 ($MN)
表125 南米の水素燃料電池市場の展望：その他のエンドユーザー別 (2022-2030) ($MN)
表126 中東・アフリカ 水素燃料電池の市場展望：国別 (2022-2030) ($MN)
表127 中東・アフリカ 水素燃料電池の市場展望：タイプ別 (2022-2030) ($MN)
表128 中東・アフリカ 水素燃料電池の市場展望：空冷式タイプ別 (2022-2030) ($MN)
表129 中東・アフリカ 水素燃料電池の市場展望、水冷式タイプ別 (2022-2030) ($MN)
表130 中東・アフリカ 水素燃料電池の市場展望、その他のタイプ別 (2022-2030) ($MN)
表131 中東・アフリカ水素燃料電池の市場展望、技術別 (2022-2030) ($MN)
表132 中東・アフリカ水素燃料電池の市場展望：固体高分子形燃料電池別 (2022-2030) ($MN)
表133 中東・アフリカ水素燃料電池の市場展望、リン酸型燃料電池別 (2022-2030) ($MN)
表134 中東・アフリカ水素燃料電池市場の展望、固体酸化物燃料電池別 (2022-2030) ($MN)
表135 中東・アフリカ水素燃料電池の市場展望：固体高分子形燃料電池(PEMFC)別 (2022-2030) ($MN)
表136 中東・アフリカ 水素燃料電池の市場展望、直接メタノール型燃料電池（DMFC）別 (2022-2030) ($MN)
表 137 中東・アフリカ 水素燃料電池の市場展望、溶融炭酸塩燃料電池別 (2022-2030) ($MN)
表138 中東・アフリカ 水素燃料電池の市場展望、その他の技術別 (2022-2030) ($MN)
表139 中東・アフリカ水素燃料電池の市場展望、用途別 (2022-2030) ($MN)
表140 中東・アフリカ水素燃料電池の市場展望：定置型（2022-2030年） ($MN)
表141 中東・アフリカ 水素燃料電池の市場展望：輸送手段別 (2022-2030) ($MN)
表142 中東・アフリカ水素燃料電池の市場展望：乗用車別（2022-2030年） ($MN)
表143 中東・アフリカ水素燃料電池市場の展望：商用車 (2022-2030年) ($MN)
表144 中東・アフリカ 水素燃料電池の市場展望：携帯型（2022-2030年） ($MN)
表145 中東・アフリカ水素燃料電池の市場展望：その他の用途別 (2022-2030) ($MN)
表146 中東・アフリカ水素燃料電池の市場展望：エンドユーザー別 (2022-2030) ($MN)
表147 中東・アフリカ水素燃料電池の市場展望：燃料電池自動車 (2022-2030年)別 ($MN)
表148 中東・アフリカ 水素燃料電池の市場展望：公益事業別 (2022-2030) ($MN)
表149 中東・アフリカ水素燃料電池の市場展望：防衛 (2022-2030年)別 ($MN)
表150 中東・アフリカ水素燃料電池の市場展望：その他のエンドユーザー別 (2022-2030) ($MN)
According to the Hydrogen Council, hydrogen fuel cells have the potential to power over 400 million vehicles by 2050.
Market Dynamics:
Driver:
Government proposals and rules
The market for hydrogen fuel cells is being driven forward by government initiatives and regulations. The use of hydrogen fuel cells in transportation and other industries is encouraged by the strict regulations that many nations are putting in place to reduce greenhouse gas emissions. Investments in hydrogen technologies are intended to be encouraged by supportive laws like the U.S. Inflation Reduction Act and comparable programs in Europe. Additionally, significant investments in infrastructure for hydrogen refueling are being made to boost consumer confidence and promote the widespread use of fuel cell vehicles (FCEVs).
Restraint:
Limitations of the infrastructure
A major obstacle in the market for hydrogen fuel cells is the absence of a strong infrastructure for the production, distribution, and storage of hydrogen. In order to support fuel cell electric vehicles (FCEVs), a comprehensive network of hydrogen refueling stations must be established; however, at the moment, these stations are not widely available. Furthermore, a major obstacle to entry for new players in the market is the requirement for large investment and coordination amongst multiple stakeholders for the development of the necessary infrastructure. Without comparable infrastructure in place, hydrogen will find it difficult to compete with the well-established fossil fuel industry.
Opportunity:
Growing interest in zero-emission automobiles
Zero-emission vehicle (ZEV) demand is growing, which is another important opportunity for the hydrogen fuel cell market. Customers are looking for more environmentally friendly transportation options as government emissions regulations tighten and environmental awareness rises. Fuel cell electric vehicle (FCEV) development is being spearheaded by automakers like Toyota, Hyundai, and Honda, which makes the automotive sector especially well-positioned for expansion. Moreover, the environmental advantages of fuel cell electric vehicles (FCEVs) and the increasing accessibility of refueling infrastructure are projected to drive substantial growth in the global market for FCEVs.
Threat:
Rivalry with other sustainable energy sources
Although hydrogen fuel cells are among the most environmentally friendly energy sources on the market, they are not without competition from other renewable energy sources like wind and solar power. The rising cost competitiveness of these alternative energy sources in recent years may restrict the use of fuel cells in some applications. Additionally, the relative cost advantage of hydrogen fuel cells may decrease as the cost of solar panels and wind turbines rises, making it harder for them to capture market share in specific industries.
Covid-19 Impact
The COVID-19 pandemic caused disruptions in multiple sectors, which in turn had a significant impact on the hydrogen fuel cell market. Initially, the pandemic caused demand to fluctuate, especially in the transportation sector, where the adoption of fuel cell electric vehicles (FCEVs) was slowed by reduced consumer spending and travel restrictions. At the same time, disruptions to global supply chains led to shortages of vital parts needed for fuel cell production, including membranes and platinum catalysts. Lockdowns and plant closures made production delays and costs even worse, which lowered industry investment sentiment. However, as businesses looked for reliable energy options during the crisis, interest in some industries, like stationary power generation, increased.
The Air-Cooled Type segment is expected to be the largest during the forecast period
Due to its benefits in simplicity and efficiency, the air-cooled type segment of the hydrogen fuel cell market has the largest market share. Because they don't require elaborate cooling systems, air-cooled fuel cells are lighter and simpler to incorporate into a variety of applications, especially in the automotive and portable power industries. Because there are fewer moving parts in this design, reliability is increased while maintenance needs are decreased. Moreover, in applications where weight and space are crucial, like fuel cell electric vehicles (FCEVs) and portable energy devices, the air-cooled variety is especially useful.
The Proton Exchange Membrane Fuel cells segment is expected to have the highest CAGR during the forecast period
In the hydrogen fuel cell market, the Proton Exchange Membrane Fuel Cells (PEMFC) segment is anticipated to grow at the highest CAGR. This kind of fuel cell is well known for its effectiveness, lightweight construction, and capacity to function at relatively low temperatures. These qualities make it perfect for use in transportation applications, especially in fuel cell electric vehicles (FCEVs). Additionally, the PEMFC market is anticipated to grow quickly as automakers concentrate more on creating FCEVs to satisfy consumer demand for zero-emission cars and stricter emissions regulations.
Region with largest share:
The North American region has the largest market share for hydrogen fuel cells. Strong industrial infrastructure, notable technological developments, and strict regulations supporting clean energy solutions are the main forces behind this dominance. With its varied industrial base that significantly depends on hydrogen fuel cell technology in industries like automotive, energy production, and stationary power generation, the United States, in particular, is a key player in this environment. Furthermore, the need to cut emissions and abide by environmental regulations is driving up demand for hydrogen fuel cells.
Region with highest CAGR:
Over the course of the forecast period, the hydrogen fuel cell market is expected to grow at the highest CAGR in the Asia-Pacific region. Numerous factors, such as a notable increase in the population, rising disposable income, and an increasing need for energy solutions that lower carbon emissions, can be blamed for this rapid growth. Moreover, hydrogen fuel cells are acknowledged by the fastest-growing and most polluting economies in the region as an effective way to meet energy demands and simultaneously address environmental concerns.
Key players in the market
Some of the key players in Hydrogen Fuel Cell market include Ceres Power Holdings plc, Bloom Energy Corporation, Daimler AG, AFC Energy plc, Doosan Fuel Cell Co. Ltd., BMW Group, FuelCell Energy, Inc, General Motors Company, Ballard Power Systems Inc., Panasonic Corporation, Nedstack Fuel Cell Technology BV, Honda Motor Co. Ltd, Toshiba Corporation, Audi AG, Plug Power Inc., Volvo Group, Toyota Motor Corporation and SFC Energy AG.
Key Developments:
In September 2024, Ceres Power announced that it has signed a key agreement with Thermax to licence its solid oxide electrolysis cell (SOEC) technology, marking its entry into the fast-growing Indian clean energy market. The London-listed firm said the non-exclusive global licence would allow Thermax - a leading provider of energy and environmental solutions in India - to develop and manufacture SOEC systems based on Ceres’ advanced technology.
In July 2024, AFC Energy PLC has inked a new strategic supplier agreement (SSA) with Germany's Zollner Elektronik, to scale the production of fuel cell modules for its S Series platform. The agreement represents a step-up in AFC Energy’s efforts to meet the growing demand for its hydrogen power generation technologies.
In April 2024, Bloom Energy announced a power capacity agreement with Intel Corporation that the companies say will result in Silicon Valley’s largest fuel cell-powered high-performance computing data center. The agreement calls for the installation of additional MW of Bloom Energy’s solid oxide fuel cell-based Energy Server at Intel’s existing high-performance computing data center in Santa Clara, California.
Types Covered:
• Air-Cooled Type
• Water-Cooled Type
• Other Types
Technologies Covered:
• Proton Exchange Membrane Fuel cells
• Phosphoric Acid Fuel Cells
• Solid Oxide Fuel Cells
• Polymer Exchange Membrane Fuel Cells (PEMFC)
• Direct Methanol Fuel Cells (DMFC)
• Molten Carbonate Fuel Cells
• Other Technologies
Applications Covered:
• Stationary
• Transportation
• Portable
• Other Applications
End Users Covered:
• Fuel Cell Vehicles
• Utilities
• Defense
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Hydrogen Fuel Cell Market, By Type
5.1 Introduction
5.2 Air-Cooled Type
5.3 Water-Cooled Type
5.4 Other Types
6 Global Hydrogen Fuel Cell Market, By Technology
6.1 Introduction
6.2 Proton Exchange Membrane Fuel cells
6.3 Phosphoric Acid Fuel Cells
6.4 Solid Oxide Fuel Cells
6.5 Polymer Exchange Membrane Fuel Cells (PEMFC)
6.6 Direct Methanol Fuel Cells (DMFC)
6.7 Molten Carbonate Fuel Cells
6.8 Other Technologies
7 Global Hydrogen Fuel Cell Market, By Application
7.1 Introduction
7.2 Stationary
7.3 Transportation
7.3.1 Passenger Cars
7.3.2 Commercial Vehicles
7.4 Portable
7.5 Other Applications
8 Global Hydrogen Fuel Cell Market, By End User
8.1 Introduction
8.2 Fuel Cell Vehicles
8.3 Utilities
8.4 Defense
8.5 Other End Users
9 Global Hydrogen Fuel Cell Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Ceres Power Holdings plc
11.2 Bloom Energy Corporation
11.3 Daimler AG
11.4 AFC Energy plc
11.5 Doosan Fuel Cell Co. Ltd.
11.6 BMW Group
11.7 FuelCell Energy, Inc
11.8 General Motors Company
11.9 Ballard Power Systems Inc.
11.10 Panasonic Corporation
11.11 Nedstack Fuel Cell Technology BV
11.12 Honda Motor Co. Ltd
11.13 Toshiba Corporation
11.14 Audi AG
11.15 Plug Power Inc.
11.16 Volvo Group
11.17 Toyota Motor Corporation
11.18 SFC Energy AG
List of Tables
Table 1 Global Hydrogen Fuel Cell Market Outlook, By Region (2022-2030) ($MN)
Table 2 Global Hydrogen Fuel Cell Market Outlook, By Type (2022-2030) ($MN)
Table 3 Global Hydrogen Fuel Cell Market Outlook, By Air-Cooled Type (2022-2030) ($MN)
Table 4 Global Hydrogen Fuel Cell Market Outlook, By Water-Cooled Type (2022-2030) ($MN)
Table 5 Global Hydrogen Fuel Cell Market Outlook, By Other Types (2022-2030) ($MN)
Table 6 Global Hydrogen Fuel Cell Market Outlook, By Technology (2022-2030) ($MN)
Table 7 Global Hydrogen Fuel Cell Market Outlook, By Proton Exchange Membrane Fuel cells (2022-2030) ($MN)
Table 8 Global Hydrogen Fuel Cell Market Outlook, By Phosphoric Acid Fuel Cells (2022-2030) ($MN)
Table 9 Global Hydrogen Fuel Cell Market Outlook, By Solid Oxide Fuel Cells (2022-2030) ($MN)
Table 10 Global Hydrogen Fuel Cell Market Outlook, By Polymer Exchange Membrane Fuel Cells (PEMFC) (2022-2030) ($MN)
Table 11 Global Hydrogen Fuel Cell Market Outlook, By Direct Methanol Fuel Cells (DMFC) (2022-2030) ($MN)
Table 12 Global Hydrogen Fuel Cell Market Outlook, By Molten Carbonate Fuel Cells (2022-2030) ($MN)
Table 13 Global Hydrogen Fuel Cell Market Outlook, By Other Technologies (2022-2030) ($MN)
Table 14 Global Hydrogen Fuel Cell Market Outlook, By Application (2022-2030) ($MN)
Table 15 Global Hydrogen Fuel Cell Market Outlook, By Stationary (2022-2030) ($MN)
Table 16 Global Hydrogen Fuel Cell Market Outlook, By Transportation (2022-2030) ($MN)
Table 17 Global Hydrogen Fuel Cell Market Outlook, By Passenger Cars (2022-2030) ($MN)
Table 18 Global Hydrogen Fuel Cell Market Outlook, By Commercial Vehicles (2022-2030) ($MN)
Table 19 Global Hydrogen Fuel Cell Market Outlook, By Portable (2022-2030) ($MN)
Table 20 Global Hydrogen Fuel Cell Market Outlook, By Other Applications (2022-2030) ($MN)
Table 21 Global Hydrogen Fuel Cell Market Outlook, By End User (2022-2030) ($MN)
Table 22 Global Hydrogen Fuel Cell Market Outlook, By Fuel Cell Vehicles (2022-2030) ($MN)
Table 23 Global Hydrogen Fuel Cell Market Outlook, By Utilities (2022-2030) ($MN)
Table 24 Global Hydrogen Fuel Cell Market Outlook, By Defense (2022-2030) ($MN)
Table 25 Global Hydrogen Fuel Cell Market Outlook, By Other End Users (2022-2030) ($MN)
Table 26 North America Hydrogen Fuel Cell Market Outlook, By Country (2022-2030) ($MN)
Table 27 North America Hydrogen Fuel Cell Market Outlook, By Type (2022-2030) ($MN)
Table 28 North America Hydrogen Fuel Cell Market Outlook, By Air-Cooled Type (2022-2030) ($MN)
Table 29 North America Hydrogen Fuel Cell Market Outlook, By Water-Cooled Type (2022-2030) ($MN)
Table 30 North America Hydrogen Fuel Cell Market Outlook, By Other Types (2022-2030) ($MN)
Table 31 North America Hydrogen Fuel Cell Market Outlook, By Technology (2022-2030) ($MN)
Table 32 North America Hydrogen Fuel Cell Market Outlook, By Proton Exchange Membrane Fuel cells (2022-2030) ($MN)
Table 33 North America Hydrogen Fuel Cell Market Outlook, By Phosphoric Acid Fuel Cells (2022-2030) ($MN)
Table 34 North America Hydrogen Fuel Cell Market Outlook, By Solid Oxide Fuel Cells (2022-2030) ($MN)
Table 35 North America Hydrogen Fuel Cell Market Outlook, By Polymer Exchange Membrane Fuel Cells (PEMFC) (2022-2030) ($MN)
Table 36 North America Hydrogen Fuel Cell Market Outlook, By Direct Methanol Fuel Cells (DMFC) (2022-2030) ($MN)
Table 37 North America Hydrogen Fuel Cell Market Outlook, By Molten Carbonate Fuel Cells (2022-2030) ($MN)
Table 38 North America Hydrogen Fuel Cell Market Outlook, By Other Technologies (2022-2030) ($MN)
Table 39 North America Hydrogen Fuel Cell Market Outlook, By Application (2022-2030) ($MN)
Table 40 North America Hydrogen Fuel Cell Market Outlook, By Stationary (2022-2030) ($MN)
Table 41 North America Hydrogen Fuel Cell Market Outlook, By Transportation (2022-2030) ($MN)
Table 42 North America Hydrogen Fuel Cell Market Outlook, By Passenger Cars (2022-2030) ($MN)
Table 43 North America Hydrogen Fuel Cell Market Outlook, By Commercial Vehicles (2022-2030) ($MN)
Table 44 North America Hydrogen Fuel Cell Market Outlook, By Portable (2022-2030) ($MN)
Table 45 North America Hydrogen Fuel Cell Market Outlook, By Other Applications (2022-2030) ($MN)
Table 46 North America Hydrogen Fuel Cell Market Outlook, By End User (2022-2030) ($MN)
Table 47 North America Hydrogen Fuel Cell Market Outlook, By Fuel Cell Vehicles (2022-2030) ($MN)
Table 48 North America Hydrogen Fuel Cell Market Outlook, By Utilities (2022-2030) ($MN)
Table 49 North America Hydrogen Fuel Cell Market Outlook, By Defense (2022-2030) ($MN)
Table 50 North America Hydrogen Fuel Cell Market Outlook, By Other End Users (2022-2030) ($MN)
Table 51 Europe Hydrogen Fuel Cell Market Outlook, By Country (2022-2030) ($MN)
Table 52 Europe Hydrogen Fuel Cell Market Outlook, By Type (2022-2030) ($MN)
Table 53 Europe Hydrogen Fuel Cell Market Outlook, By Air-Cooled Type (2022-2030) ($MN)
Table 54 Europe Hydrogen Fuel Cell Market Outlook, By Water-Cooled Type (2022-2030) ($MN)
Table 55 Europe Hydrogen Fuel Cell Market Outlook, By Other Types (2022-2030) ($MN)
Table 56 Europe Hydrogen Fuel Cell Market Outlook, By Technology (2022-2030) ($MN)
Table 57 Europe Hydrogen Fuel Cell Market Outlook, By Proton Exchange Membrane Fuel cells (2022-2030) ($MN)
Table 58 Europe Hydrogen Fuel Cell Market Outlook, By Phosphoric Acid Fuel Cells (2022-2030) ($MN)
Table 59 Europe Hydrogen Fuel Cell Market Outlook, By Solid Oxide Fuel Cells (2022-2030) ($MN)
Table 60 Europe Hydrogen Fuel Cell Market Outlook, By Polymer Exchange Membrane Fuel Cells (PEMFC) (2022-2030) ($MN)
Table 61 Europe Hydrogen Fuel Cell Market Outlook, By Direct Methanol Fuel Cells (DMFC) (2022-2030) ($MN)
Table 62 Europe Hydrogen Fuel Cell Market Outlook, By Molten Carbonate Fuel Cells (2022-2030) ($MN)
Table 63 Europe Hydrogen Fuel Cell Market Outlook, By Other Technologies (2022-2030) ($MN)
Table 64 Europe Hydrogen Fuel Cell Market Outlook, By Application (2022-2030) ($MN)
Table 65 Europe Hydrogen Fuel Cell Market Outlook, By Stationary (2022-2030) ($MN)
Table 66 Europe Hydrogen Fuel Cell Market Outlook, By Transportation (2022-2030) ($MN)
Table 67 Europe Hydrogen Fuel Cell Market Outlook, By Passenger Cars (2022-2030) ($MN)
Table 68 Europe Hydrogen Fuel Cell Market Outlook, By Commercial Vehicles (2022-2030) ($MN)
Table 69 Europe Hydrogen Fuel Cell Market Outlook, By Portable (2022-2030) ($MN)
Table 70 Europe Hydrogen Fuel Cell Market Outlook, By Other Applications (2022-2030) ($MN)
Table 71 Europe Hydrogen Fuel Cell Market Outlook, By End User (2022-2030) ($MN)
Table 72 Europe Hydrogen Fuel Cell Market Outlook, By Fuel Cell Vehicles (2022-2030) ($MN)
Table 73 Europe Hydrogen Fuel Cell Market Outlook, By Utilities (2022-2030) ($MN)
Table 74 Europe Hydrogen Fuel Cell Market Outlook, By Defense (2022-2030) ($MN)
Table 75 Europe Hydrogen Fuel Cell Market Outlook, By Other End Users (2022-2030) ($MN)
Table 76 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Country (2022-2030) ($MN)
Table 77 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Type (2022-2030) ($MN)
Table 78 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Air-Cooled Type (2022-2030) ($MN)
Table 79 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Water-Cooled Type (2022-2030) ($MN)
Table 80 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Other Types (2022-2030) ($MN)
Table 81 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Technology (2022-2030) ($MN)
Table 82 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Proton Exchange Membrane Fuel cells (2022-2030) ($MN)
Table 83 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Phosphoric Acid Fuel Cells (2022-2030) ($MN)
Table 84 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Solid Oxide Fuel Cells (2022-2030) ($MN)
Table 85 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Polymer Exchange Membrane Fuel Cells (PEMFC) (2022-2030) ($MN)
Table 86 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Direct Methanol Fuel Cells (DMFC) (2022-2030) ($MN)
Table 87 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Molten Carbonate Fuel Cells (2022-2030) ($MN)
Table 88 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Other Technologies (2022-2030) ($MN)
Table 89 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Application (2022-2030) ($MN)
Table 90 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Stationary (2022-2030) ($MN)
Table 91 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Transportation (2022-2030) ($MN)
Table 92 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Passenger Cars (2022-2030) ($MN)
Table 93 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Commercial Vehicles (2022-2030) ($MN)
Table 94 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Portable (2022-2030) ($MN)
Table 95 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Other Applications (2022-2030) ($MN)
Table 96 Asia Pacific Hydrogen Fuel Cell Market Outlook, By End User (2022-2030) ($MN)
Table 97 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Fuel Cell Vehicles (2022-2030) ($MN)
Table 98 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Utilities (2022-2030) ($MN)
Table 99 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Defense (2022-2030) ($MN)
Table 100 Asia Pacific Hydrogen Fuel Cell Market Outlook, By Other End Users (2022-2030) ($MN)
Table 101 South America Hydrogen Fuel Cell Market Outlook, By Country (2022-2030) ($MN)
Table 102 South America Hydrogen Fuel Cell Market Outlook, By Type (2022-2030) ($MN)
Table 103 South America Hydrogen Fuel Cell Market Outlook, By Air-Cooled Type (2022-2030) ($MN)
Table 104 South America Hydrogen Fuel Cell Market Outlook, By Water-Cooled Type (2022-2030) ($MN)
Table 105 South America Hydrogen Fuel Cell Market Outlook, By Other Types (2022-2030) ($MN)
Table 106 South America Hydrogen Fuel Cell Market Outlook, By Technology (2022-2030) ($MN)
Table 107 South America Hydrogen Fuel Cell Market Outlook, By Proton Exchange Membrane Fuel cells (2022-2030) ($MN)
Table 108 South America Hydrogen Fuel Cell Market Outlook, By Phosphoric Acid Fuel Cells (2022-2030) ($MN)
Table 109 South America Hydrogen Fuel Cell Market Outlook, By Solid Oxide Fuel Cells (2022-2030) ($MN)
Table 110 South America Hydrogen Fuel Cell Market Outlook, By Polymer Exchange Membrane Fuel Cells (PEMFC) (2022-2030) ($MN)
Table 111 South America Hydrogen Fuel Cell Market Outlook, By Direct Methanol Fuel Cells (DMFC) (2022-2030) ($MN)
Table 112 South America Hydrogen Fuel Cell Market Outlook, By Molten Carbonate Fuel Cells (2022-2030) ($MN)
Table 113 South America Hydrogen Fuel Cell Market Outlook, By Other Technologies (2022-2030) ($MN)
Table 114 South America Hydrogen Fuel Cell Market Outlook, By Application (2022-2030) ($MN)
Table 115 South America Hydrogen Fuel Cell Market Outlook, By Stationary (2022-2030) ($MN)
Table 116 South America Hydrogen Fuel Cell Market Outlook, By Transportation (2022-2030) ($MN)
Table 117 South America Hydrogen Fuel Cell Market Outlook, By Passenger Cars (2022-2030) ($MN)
Table 118 South America Hydrogen Fuel Cell Market Outlook, By Commercial Vehicles (2022-2030) ($MN)
Table 119 South America Hydrogen Fuel Cell Market Outlook, By Portable (2022-2030) ($MN)
Table 120 South America Hydrogen Fuel Cell Market Outlook, By Other Applications (2022-2030) ($MN)
Table 121 South America Hydrogen Fuel Cell Market Outlook, By End User (2022-2030) ($MN)
Table 122 South America Hydrogen Fuel Cell Market Outlook, By Fuel Cell Vehicles (2022-2030) ($MN)
Table 123 South America Hydrogen Fuel Cell Market Outlook, By Utilities (2022-2030) ($MN)
Table 124 South America Hydrogen Fuel Cell Market Outlook, By Defense (2022-2030) ($MN)
Table 125 South America Hydrogen Fuel Cell Market Outlook, By Other End Users (2022-2030) ($MN)
Table 126 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Country (2022-2030) ($MN)
Table 127 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Type (2022-2030) ($MN)
Table 128 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Air-Cooled Type (2022-2030) ($MN)
Table 129 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Water-Cooled Type (2022-2030) ($MN)
Table 130 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Other Types (2022-2030) ($MN)
Table 131 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Technology (2022-2030) ($MN)
Table 132 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Proton Exchange Membrane Fuel cells (2022-2030) ($MN)
Table 133 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Phosphoric Acid Fuel Cells (2022-2030) ($MN)
Table 134 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Solid Oxide Fuel Cells (2022-2030) ($MN)
Table 135 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Polymer Exchange Membrane Fuel Cells (PEMFC) (2022-2030) ($MN)
Table 136 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Direct Methanol Fuel Cells (DMFC) (2022-2030) ($MN)
Table 137 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Molten Carbonate Fuel Cells (2022-2030) ($MN)
Table 138 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Other Technologies (2022-2030) ($MN)
Table 139 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Application (2022-2030) ($MN)
Table 140 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Stationary (2022-2030) ($MN)
Table 141 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Transportation (2022-2030) ($MN)
Table 142 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Passenger Cars (2022-2030) ($MN)
Table 143 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Commercial Vehicles (2022-2030) ($MN)
Table 144 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Portable (2022-2030) ($MN)
Table 145 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Other Applications (2022-2030) ($MN)
Table 146 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By End User (2022-2030) ($MN)
Table 147 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Fuel Cell Vehicles (2022-2030) ($MN)
Table 148 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Utilities (2022-2030) ($MN)
Table 149 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Defense (2022-2030) ($MN)
Table 150 Middle East & Africa Hydrogen Fuel Cell Market Outlook, By Other End Users (2022-2030) ($MN)
