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Global Hydrogen and Fuel Cells Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Hydrogen and Fuel Cells use hydrogen as a chemical element, and are made into batteries that store energy. The basic principle is the reverse reaction of electrolysis of water, hydrogen and oxygen were supplied to the cathode and anode, hydrogen diffusion through the cathode and the electrolyte reaction, the release of electrons through the external load to reach the anode. According to our (Global Info Research) latest study, the global Hydrogen and Fuel Cells market size was valued at USD 3391.8 million in 2022 and is forecast to a readjusted size of USD 23280 million by 2029 with a CAGR of 31.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Traditionally, North American market develops significantly due to commercialization and adoption of electric vehicles. However, Asia Pacific emerges as a growing market in terms of shipment in 2019. Growing demand for new energy vehicles and power systems in APAC market triggers the market demand. The hydrogen and fuel cells market, by type, is segmented into air-cooled type and transport-cooled type, and air-cooled system accounted for the largest market share in 2019. Growing demand for clean energy generation and reliance on hydrogen and fuel cells-based public transportation systems in developed regions is driving market growth. Moreover, advantages offered by air-cooled system, such as structure is simple, light weight, the price is relatively cheap are likely to drive the demand for air-cooled system during the forecast period. Power based electricity generation is effective in minimizing emission of carbon dioxide or any other hazardous pollutants. Hence, hydrogen and fuel cells technology plays a vital role in dealing with environmental issues as well as encouraging the use of renewable carriers of energy. Ongoing product developments and innovation is expected to open new opportunities for emerging players. This report is a detailed and comprehensive analysis for global Hydrogen and Fuel Cells market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Hydrogen and Fuel Cells market size and forecasts, in consumption value ($ Million), sales quantity (GWh), and average selling prices (USD/KWh), 2018-2029 Global Hydrogen and Fuel Cells market size and forecasts by region and country, in consumption value ($ Million), sales quantity (GWh), and average selling prices (USD/KWh), 2018-2029 Global Hydrogen and Fuel Cells market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (GWh), and average selling prices (USD/KWh), 2018-2029 Global Hydrogen and Fuel Cells market shares of main players, shipments in revenue ($ Million), sales quantity (GWh), and ASP (USD/KWh), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Hydrogen and Fuel Cells To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Hydrogen and Fuel Cells market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Panasonic, Plug Power, Toshiba ESS, Ballard and SinoHytec, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Hydrogen and Fuel Cells market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Air-Cooled Water-Cooled Market segment by Application Stationary Transport Portable Major players covered Panasonic Plug Power Toshiba ESS Ballard SinoHytec Hydrogenics Honda Hyundai Mobis Toyota Denso Elring Klinger Bosch/Powercell Symbio Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa) The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Hydrogen and Fuel Cells product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Hydrogen and Fuel Cells, with price, sales, revenue and global market share of Hydrogen and Fuel Cells from 2018 to 2023. Chapter 3, the Hydrogen and Fuel Cells competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Hydrogen and Fuel Cells breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Hydrogen and Fuel Cells market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029. Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War. Chapter 13, the key raw materials and key suppliers, and industry chain of Hydrogen and Fuel Cells. Chapter 14 and 15, to describe Hydrogen and Fuel Cells sales channel, distributors, customers, research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Hydrogen and Fuel Cells 1.2 Market Estimation Caveats and Base Year 1.3 Market Analysis by Type 1.3.1 Overview: Global Hydrogen and Fuel Cells Consumption Value by Type: 2018 Versus 2022 Versus 2029 1.3.2 Air-Cooled 1.3.3 Water-Cooled 1.4 Market Analysis by Application 1.4.1 Overview: Global Hydroge
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About this Report
Report ID 81202
Category
  • Energy
Published on 28-Mar
Number of Pages 107
Publisher Name Global Info Research
Editor Rating
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