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.
North America was the largest consumption market with a market share of 56.55% in 2012 and 60.27% in 2016 with an increase of 3.72%. Japan ranked the second place with the market share of 15.51% in 2016.
Nowadays, the top three companies make up more than 30.76% market share of the Hydrogen and Fuel Cells market in 2016, and the world's large enterprises are mainly concentrated in North America and Japan. The top three manufacturers are Fuel Cell Energy, Panasonic and Plug Power. They respectively with global production market share as 10.88%, 10.02%, and 9.86% in 2016.
Hydrogen and Fuel Cells are widely used in Stationary, Transport, Portable etc. In 2013 – 2014, the industry experience an obvious growth, but with the market returning to a reasonable state, from 2015, the market growth rate fell to a steady level.
The report offers detailed coverage of Hydrogen and Fuel Cells industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Hydrogen and Fuel Cells by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Hydrogen and Fuel Cells market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Hydrogen and Fuel Cells market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Panasonic
Plug Power
Ballard Power Systems
Nedstack
Hydrogenics
Intelligent Energy
Pearl Hydrogen
Sunrise Power
At the same time, we classify Hydrogen and Fuel Cells according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Air-cooled Type
Water-cooled Type
Market by Application
Stationary
Transport
Portable
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Hydrogen and Fuel Cells market for the forecast period 2021 - 2025?
• What are the driving forces in the Hydrogen and Fuel Cells market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Hydrogen and Fuel Cells industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?