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Market Research Report
Product code 
1046421

Fuel Cells for Residential, Commercial and Military Power

Published: | BCC Research | 217 Pages | Delivery time: 1-2 business days

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Fuel Cells for Residential, Commercial and Military Power
Published: January 12, 2022
BCC Research
Content info: 217 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents
  • List of Tables

Highlights:

The global market for fuel cells should grow from $5.7 billion in 2021 to $24.0 billion by 2026 with a compound annual growth rate (CAGR) of 33.5% for the period of 2021-2026.

Fuel cells market for combined heat and power (CHP) segment should grow from $2.7 billion in 2021 to $14.0 billion by 2026 with a compound annual growth rate (CAGR) of 38.7% for the period of 2021-2026.

Fuel cells market for auxiliary power units (APU) segment should grow from $1.8 billion in 2021 to $6.6 billion by 2026 with a compound annual growth rate (CAGR) of 29.4% for the period of 2021-2026.

Report Scope:

This report will cover fuel cells used specifically in stationary power generation and storage applications. Other applications include portable fuel cells and mobile units that can be used in automotive (not considered in the study).

Definitive and detailed estimates and forecasts of the global market are provided. The report also contains a detailed analysis of the key fuel cell types, regions, countries, applications, and ongoing trends.

The fuel cell market is segmented based on -

a) type of fuel cell,

b) application and

c) end-use segment.

Solid oxide fuel cells and proton exchange membrane fuel cells (PEMFC) are the major contributors to the fuel cell market. The applications considered in this study are combined heating and power (CHP), auxiliary power units (APU) and emergency power supply.

Report Includes:

  • 28 data tables and 32 additional tables
  • An overview of the global market outlook for fuel cells for residential, commercial, and military power
  • Estimation of the market size and analyses of the global market trends, with data from 2020, estimates for 2021, with projection of CAGR through 2026
  • Analysis of new opportunities, challenges, and technological changes within the industry and highlights of the market growth potential by type, end-use, application, and region
  • Coverage of history of fuel cells and hydrogen fuel industry, description of competitive technologies and insights into government initiatives to promote fuel cells
  • Detailed analysis of the current market trends and forecast, new products launches and product enhancement, technological innovation, upcoming technologies, and the technical progress of the industry
  • Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies
  • Company profiles of major players in the market, including Ballard Power Systems, Bloom Energy, Doosan Fuel Cell, General Electric Co., Sumitomo Corp., and Toshiba Fuel Cell Power Systems Corp.
Product Code: FCB037B

Table of Contents

Chapter 1 Introduction

  • Study Goals and Objectives
  • Scope of Report
  • Information Sources
  • Methodology
  • What's New in This Update?
  • Geographic Breakdown
  • Analyst's Credentials
  • BCC Custom Research
  • Related BCC Research Reports

Chapter 2 Summary and Highlights

Chapter 3 Market and Technology Overview

  • Technical Overview
  • History of Fuel Cells
  • Hydrogen Fuel Industry
  • Market Overview
  • Value Chain
  • Competitive Technologies
  • Government Initiatives to Promote Fuel Cells

Chapter 4 Analysis of the Impact of COVID-19 on the Fuel Cell Market

  • Combined Heat and Power
  • Employment
  • Projects
  • Auxiliary and Backup Power

Chapter 5 Market Breakdown by End-Use Segment

  • Residential
  • Commercial
  • Military

Chapter 6 Market Breakdown by Type

  • PEMFC
  • PEM Technology
  • SOFC
  • SOFC Technology
  • Other Fuel Cell Types
  • Alkaline Fuel Cells
  • Phosphoric Acid Fuel Cell
  • Molten Carbon Fuel Cell

Chapter 7 Market Breakdown by Application

  • Combined Heat and Power
  • Auxiliary Power Unit
  • Residential and Commercial (Generators)
  • Recreational and Commercial Vehicles
  • Signage
  • Anti-Idling APUs
  • Aircraft
  • Military APUs
  • Emergency Power Unit

Chapter 8 Market Breakdown by Region

  • APAC
  • Japan
  • South Korea
  • Rest of APAC
  • North America
  • U.S.
  • Europe
  • ENE-FIELD
  • PACE
  • KfW 433 (Germany)

Chapter 9 Recent Developments in the Fuel Cell Industry

    • Recent Developments

Chapter 10 Company Profiles

  • ACAL ENERGY LTD.
  • ACUMENTRICS HOLDING CORP.
  • ADELAN UK LTD.
  • AFC ENENRGY
  • ALPPS FUEL CELL SYSTEMS
  • ALSTOM TECHNOLOGY
  • ALTERGY
  • ARISTON HOLDING N.V.
  • BABCOCK & WILCOX
  • BALLARD POWER SYSTEMS
  • BLOOM ENERGY
  • CERES POWER
  • CLARA VENTURE LABS
  • CUMMINS INC.
  • DDI ENERGY
  • DELPHI AUTOMOTIVE
  • DOOSAN FUEL CELL
  • EDISON ELECTRIC INSTITUTE
  • ELCOGEN AS
  • ENERGIENED
  • ENTWICKLUNGS UND VERTRIEBSGESELLSCHAFT BRENNSTOFFZELLE
  • FUELCELL ENERGY
  • FUEL CELL TECHNOLOGIES
  • FUJI ELECTRIC
  • FUTURE E FUEL CELL SOLUTIONS GMBH
  • GENERAL ELECTRIC CO.
  • GEORGE WESTINGHOUSE RESEARCH AND TECHNOLOGY PARK
  • GLOBAL RESOURCE ENERGY INC.
  • GOLDEN ENERGY FUEL CELL CO. LTD.
  • HALDOR TOPSOE A/S/TOPSOE FUEL CELL
  • HORIZON FUEL CELLS AND RIVERSIMPLE
  • H2 POWER TECH
  • ITM POWER
  • INTELLIGENT ENERGY
  • KANSAI ELECTRIC POWER CO. INC.
  • LINDE BOC
  • LOGANENERGY CORP.
  • MEIDENSHA CORP.
  • MERIDIAN ENERGY LTD.
  • MITSUBISHI HEAVY INDUSTRIES LTD.
  • NATIONAL FUEL CELL RESEARCH CENTER
  • NEAH POWER
  • NEDSTACK FUEL CELL TECHNOLOGY
  • NEXCERIS
  • NIPPON TELEGRAPH & TELEPHONE CORP.
  • ONTARIO POWER GENERATION INC.
  • PALCAN FUEL CELLS LTD.
  • PANASONIC
  • PLUG POWER INC.
  • POHANG IRON AND STEEL CO. (POSCO)
  • PROTON MOTOR FUEL CELL GMBH
  • RELIANT ENERGY POWER SYSTEMS
  • ROLLS-ROYCE FUEL CELL SYSTEMS LTD.
  • SAFCELL
  • SHELL HYDROGEN BV
  • SIEMENS POWER GENERATION INC.
  • SMART FUEL CELL AG (SFC)
  • SOLIDPOWER
  • SOFCPOWER
  • STAXERA GMBH (SUNFIRE)
  • SULZER HEXIS AG
  • SUMITOMO CORP.
  • TOKYO GAS CO. LTD.
  • TOSHIBA FUEL CELL POWER SYSTEMS CORP.
  • TOYOTA
  • TURKCELL
  • ULTRA ELECTRONICS AMI
  • UNITED TECHNOLOGIES
  • VAILLANT GMBH
  • VERSA POWER SYSTEMS INC.
  • VIOLET FUEL CELL STICKS
  • WARTSILA CORP.
  • WATT FUEL CELL CORP.
  • WEBASTO AG
  • WORLDWIDE ENERGY LLC
  • ZTEK CORP.

Chapter 11 Appendix: Acronyms and Sources

List of Tables

  • Summary Table : Global Market for Fuel Cells, by Application, Through 2026
  • Table 1 : Hydrogen Production Processes
  • Table 2 : Key Hydrogen and Fuel Cell Initiatives
  • Table 3 : Key Hydrogen and Fuel Cell Initiatives
  • Table 4 : Stationary Fuel Cell Applications
  • Table 5 : Global Market for Fuel Cells, by End User, Through 2026
  • Table 6 : Global Market for Fuel Cells in Residential End Uses, by Region, Through 2026
  • Table 7 : Global Market for Fuel Cells in Commercial End Uses, by Region, Through 2026
  • Table 8 : Global Market for Fuel Cells in Military End Uses, by Region, Through 2026
  • Table 9 : Key FC Types and Characteristics
  • Table 10 : Overview of Stationary Fuel Cell Types
  • Table 11 : Global Market for Fuel Cells, by Type, Through 2026
  • Table 12 : Global Market for Proton Exchange Membrane Fuel Cells, by Region, Through 2026
  • Table 13 : Global Market for Proton Exchange Membrane Fuel Cells, by Region, Through 2026
  • Table 14 : Key PEMFC Manufacturers
  • Table 15 : Global Market for Solid Oxide Fuel Cells, by Application, Through 2026
  • Table 16 : Global Market for Solid Oxide Fuel Cells, by Region, Through 2026
  • Table 17 : Key SOFC Manufacturers
  • Table 18 : Global Market for Other Fuel Cell Types, by Application, Through 2026
  • Table 19 : Global Market for Other Fuel Cell Types, by Region, Through 2026
  • Table 20 : Key Manufacturers, Other Types of Fuel Cells
  • Table 21 : Global Market for Fuel Cells, by Application, Through 2026
  • Table 22 : Global Market for Fuel Cells for Combined Heat and Power (CHP) Systems, by FC Type, Through 2026
  • Table 23 : Global Market for Fuel Cells for Combined Heat and Power (CHP) Systems, by Region, Through 2026
  • Table 24 : Cogeneration Applications and Technologies Used
  • Table 25 : Properties of Micro-CHPs
  • Table 26 : Properties of Micro-CHP (<5kW)
  • Table 27 : Performance Characteristics of Large-scale FC CHP
  • Table 28 : Global Market for Fuel Cells for Auxiliary Power Units (APU), by FC Type, Through 2026
  • Table 29 : Global Market for Fuel Cells in Applications of Auxiliary Power Units (APU), by Region, Through 2026
  • Table 30 : Commercial Vehicle Production, 2020
  • Table 31 : Global Market for Fuel Cells for Emergency Power Units, by FC Type, Through 2026
  • Table 32 : Global Market for Fuel Cells for Emergency Power Units, by Region, Through 2026
  • Table 33 : Global Market for Fuel Cells, by Region, Through 2026
  • Table 34 : APAC Market for Fuel Cells, by Country, Through 2026
  • Table 35 : APAC Market for Fuel Cells, by Type, Through 2026
  • Table 36 : APAC Market for Fuel Cells, by Application, Through 2026
  • Table 37 : APAC Market for Fuel Cells, by End User Segment, Through 2026
  • Table 38 : Stationary Fuel Cell Manufacturers in Japan
  • Table 39 : Key Players in South Korean Power Generation Market
  • Table 40 : Stationary FC Units in China
  • Table 41 : North American Market for Fuel Cells, by Type, Through 2026
  • Table 42 : North American Market for Fuel Cells, by Application, Through 2026
  • Table 43 : North American Market for Fuel Cells, by End-User Segment, Through 2026
  • Table 44 : Fuel Cell-Based CHP Installations, U.S.
  • Table 45 : Stationary Fuel Cell Manufacturers, U.S., May 2019
  • Table 46 : European Market for Fuel Cells, by Type, Through 2026
  • Table 47 : Deployment Plans, FCH Applications, EU Participating Regions
  • Table 48 : European Market for Fuel Cells, by Application, Through 2026
  • Table 49 : European Market for Fuel Cells, by End-User Segment, Through 2026
  • Table 50 : Key New Product Developments, Fuel Cell Industry, 2019
  • Table 51 : Publicly Disclosed Large-Scale Orders and Installations, 2019
  • Table 52 : Publicly Announced 2019 Portable/Off-Grid Sales and Orders, 2019
  • Table 53 : Products Offered by AFC Energy
  • Table 54 : Products Offered by Ballard Power Systems
  • Table 55 : Products Offered by Bloom Energy
  • Table 56 : Products Offered by Ceres Power
  • Table 57 : Products Offered by Doosan Fuel Cell
  • Table 58 : Acronyms Used in the Stationary Fuel Cell Market
  • Table 59 : Report Sources

List of Figures

  • Summary Figure : Global Market for Fuel Cells, by Application, 2020-2026
  • Figure 1 : Fuel Cell Value Chain
  • Figure 2 : Micro CHP Value Chain Trend, 2020 and 2030
  • Figure 3 : Large-Scale CHP Value Chain Trend, 2020 and 2030
  • Figure 4 : Overall Global Impact of COVID-19 on CHP Business
  • Figure 5 : Employees Laid Off or Fulgurated Without Pay, Global Share
  • Figure 6 : Percent of Projects Delayed for Those Experiencing Delays
  • Figure 7 : Typical Fuel Cell Application, by Wattage
  • Figure 8 : Global Market for Fuel Cells, by End User, 2020-2026
  • Figure 9 : Global Market Shares of Fuel Cells in Residential End Uses, by Region, 2020
  • Figure 10 : Global Market Shares of Fuel Cells for Commercial End Uses, by Region, 2020
  • Figure 11 : Global Market Shares of Fuel Cells in Military End Uses, by Region, 2020
  • Figure 12 : Types of Fuel Cells and Suitable Applications
  • Figure 13 : Global Market for Fuel Cells, by Type, 2020-2026
  • Figure 14 : Global Market for Proton Exchange Membrane Fuel Cells, by Application, 2020-2026
  • Figure 15 : Schematic Diagram of PEMFC
  • Figure 16 : Schematic Diagram of DMFC
  • Figure 17 : Global Market for Solid Oxide Fuel Cells, by Region, 2020-2026
  • Figure 18 : Planar SOFC Configuration
  • Figure 19 : Thin-Film SOFC Configuration
  • Figure 20 : Tubular SOFC Configuration
  • Figure 21 : Global Market for Other Fuel Cell Types, by Region, 2020-2026
  • Figure 22 : Working Model of MCFC
  • Figure 23 : Cumulative Global Deployment of Large-Scale Stationary FC (>200 kW), by Type, 2007-2017
  • Figure 24 : Global Market Shares of Fuel Cells, by Application, 2020
  • Figure 25 : Typical Combustion Engine-Based CHP System
  • Figure 26 : Fuel Cell-Based CHP System
  • Figure 27 : Advantage of Combined Heat and Power Generation Using Fuel Cells
  • Figure 28 : Global Market for Fuel Cells, by Region, 2020-2026
  • Figure 29 : APAC Market for Fuel Cells, by Country, 2020-2026
  • Figure 30 : APAC Market for Fuel Cells, by Type, 2020-2026
  • Figure 31 : APAC Market Shares of Fuel Cells, by Application, 2020-2026
  • Figure 32 : APAC Market Shares of Fuel Cells, by End-User Segment, 2020
  • Figure 33 : ENE-FARM Unit Mechanism
  • Figure 34 : ENE-FARM Cost and Subsidies
  • Figure 35 : Global Market for Stationary Fuel Cells, by Type, 2020-2026
  • Figure 36 : Strategy and Roadmap, Japan, Hydrogen and Fuel Cells, 2020-2030
  • Figure 37 : Strategy and Roadmap of South Korea for Hydrogen and Fuel Cells, 2020-2035
  • Figure 38 : Stationary Fuel Cell Power Generation in South Korea, by Application, 2019
  • Figure 39 : Fuel Cell Power Generation in South Korea, by Province, 2019
  • Figure 40 : North American Market for Fuel Cells, by Type, 2020-2026
  • Figure 41 : Cumulative Deployment of Large-Scale Stationary Fuel Cells in the U.S.
  • Figure 42 : North American Market Shares of Fuel Cells, by Application, 2020
  • Figure 43 : North American Market Shares of Fuel Cells, by End-User Segment, 2020
  • Figure 44 : Fuel Cell Installations as Backup Power, U.S., 2016
  • Figure 45 : European Market for Fuel Cells, by Type, 2020-2026
  • Figure 46 : Cumulative Deployment, Large-Scale Stationary Fuel Cells, Europe
  • Figure 47 : European Market Shares of Fuel Cells, by Application, 2020
  • Figure 48 : European Market Shares of Fuel Cells, by End-User Segment, 2020
  • Figure 49 : Ballard Power Systems, 2020
  • Figure 50 : Bloom Energy, 2020
  • Figure 51 : Doosan Fuel Cell, 2019 and 2020