Fuel Cells Market Research Report by Type (Direct Methanol Fuel Cells, Molten Carbonate Fuel Cells, Phosphoric Acid Fuel Cells, Polymer or Proton Exchange Membrane Fuel Cells, and Solid Oxide Fuel Cells), by Application (Portable Power, Stationery, and Transportation) - Global Forecast to 2025 - Cumulative Impact of COVID-19
The Global Fuel Cells Market is expected to grow from USD 273.78 Million in 2019 to USD 971.51 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 23.50%.
Market Segmentation & Coverage: This research report categorizes the Fuel Cells to forecast the revenues and analyze the trends in each of the following sub-markets:
Based on Type, the Fuel Cells Market studied across Direct Methanol Fuel Cells, Molten Carbonate Fuel Cells, Phosphoric Acid Fuel Cells, Polymer or Proton Exchange Membrane Fuel Cells, and Solid Oxide Fuel Cells.
Based on Application, the Fuel Cells Market studied across Portable Power, Stationery, and Transportation.
Based on Geography, the Fuel Cells Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.
Company Usability Profiles: The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Fuel Cells Market including AFC Energy, Aisin Seiki Co. Ltd., Ballard Power Systems Inc., Bloom Energy, Ceramic Fuel Cells Limited, Ceres Power Holdings PLC, Doosan Corporation, Fuelcell Energy, Hydrogenics Corporation, Kyocera, Panasonic Corporation, Plug Power Inc., and Toshiba Corporation.
FPNV Positioning Matrix: The FPNV Positioning Matrix evaluates and categorizes the vendors in the Fuel Cells Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Competitive Strategic Window: The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.
Cumulative Impact of COVID-19: COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.
The report provides insights on the following pointers: 1. Market Penetration: Provides comprehensive information on the market offered by the key players 2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets 3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments 4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players 5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments
The report answers questions such as: 1. What is the market size and forecast of the Global Fuel Cells Market? 2. What are the inhibiting factors and impact of COVID-19 shaping the Global Fuel Cells Market during the forecast period? 3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Fuel Cells Market? 4. What is the competitive strategic window for opportunities in the Global Fuel Cells Market? 5. What are the technology trends and regulatory frameworks in the Global Fuel Cells Market? 6. What are the modes and strategic moves considered suitable for entering the Global Fuel Cells Market?
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114 pages •
By Global Industry Analysts
• Sep 2020
Global Molten Carbonate Fuel Cells Market to Reach 207.9 MW by 2027 Amid the COVID-19 crisis, the global market for Molten Carbonate Fuel Cells estimated at 55.5 MW in the year 2020, is projected to reach a revised size of 207.9 MW by 2027, growing at a CAGR of 20.8% over the analysis period 2020-2027. Utilities, one of the segments...
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192 pages •
By Global Industry Analysts
• Sep 2020
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540 pages •
By Global Industry Analysts
• Jul 2020
The global market for Fuel Cells is projected to reach US$14. 6 billion by 2027, driven by the technology’s very vital role in helping build a clean and sustainable world for future generations. The market is expected to stage a quick recovery from the COVID-19 pandemic and the resulting recession largely due to the fact that a clean and sustainable...
Executive Summary The Global Fuel Cell Market, valued at USD 5824.25 Million in the year 2019 has been witnessing unprecedented growth in the last few years on the back of growing demand for efficient and cleaner technologies, increasing demand of electric vehicle and growing demand of sustainable energy source. The market...
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