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Market Research Report

NORTH AMERICA FUEL CELL MARKET FORECAST 2018-2026

Published by Inkwood Research Product code 601448
Published Content info 85 Pages
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NORTH AMERICA FUEL CELL MARKET FORECAST 2018-2026
Published: January 29, 2018 Content info: 85 Pages
Description

KEY FINDINGS:

The North America fuel cells market is continuously developing because of high investments and favourable support by the government. Over the projected years of 2018-2026, the market is predicted to exhibit a 16.91% CAGR and account for a revenue share of $4179 million.

MARKET INSIGHTS:

The North American market is segmented on the basis of applications and technology. The funding grant to various private organizations by the federal government of countries like the U.S and Canada is contributing to the growth of the fuel cell market in the North American region. The U.S fuel cells market dominated the region in 2017. The United States energy department has sanctioned a funding of around $ 50 million through REBELS program for the development of a fuel cell technology that focuses on low cost distributed power generation. Likewise, the Sustainable Development Technology in Canada has also announced a funding of around $10 million for Burnaby and BC Automotive Fuel Co-Operation to further strengthen the growth of the fuel cell market in the country.

COMPETITIVE INSIGHTS:

Ceres Power Holdings Plc, Fuelcell Energy Inc, Exxon Mobil Corporation, Hydrogenics Corporation, Toyota Motor Corporation, Sfc Energy Ag, AFC Energy Plc, Bloom Energy Corporation, Panasonic and Plug Power Inc are few of the noted players in this market.

Table of Contents
Product Code: 12672

Table of Contents

1. RESEARCH SCOPE

  • 1.1. STUDY GOALS
  • 1.2. SCOPE OF THE MARKET STUDY
  • 1.3. WHO WILL FIND THIS REPORT USEFUL?
  • 1.4. STUDY AND FORECASTING YEARS

2. RESEARCH METHODOLOGY

  • 2.1. SOURCES OF DATA
    • 2.1.1. SECONDARY DATA
    • 2.1.2. PRIMARY DATA
  • 2.2. TOP DOWN APPROACH
  • 2.3. BOTTOM-UP APPROACH
  • 2.4. DATA TRIANGULATION

3. EXECUTIVE SUMMARY

  • 3.1. MARKET SUMMARY
  • 3.2. KEY FINDINGS
    • 3.2.1. REDUCTION IN FUEL CELL PRICES
    • 3.2.2. STATIONARY APPLICATIONS LEADS THE APPLICATIONS SEGMENT
    • 3.2.3. POLYMER/PROTON EXCHANGE MEMBRANE TO DOMINATE THE TECHNOLOGY SEGMENT

4. MARKET DYNAMICS

  • 4.1. MARKET DEFINITION
  • 4.2. DRIVERS
    • 4.2.1. DEVELOPMENT OF HYDROGEN INFRASTRUCTURE
    • 4.2.2. RISING PUBLIC-PRIVATE PARTNERSHIP
    • 4.2.3. SHIFT TOWARD GREEN CONCEPT
    • 4.2.4. INNOVATION IN FUEL CELL TECHNOLOGY
    • 4.2.5. ADVANTAGES OF FUEL CELLS OVER OTHER STORAGE TECHNOLOGIES
  • 4.3. RESTRAINTS
    • 4.3.1. HIGH COST OF FUEL CELL TECHNOLOGIES
    • 4.3.2. LACK OF INFRASTRUCTURE
  • 4.4. OPPORTUNITIES
    • 4.4.1. INCREASING DEMAND FOR HYDROGEN FUEL CELLS AS AN EFFECTIVE SOURCE OF ENERGY IN VEHICLES
    • 4.4.2. INCREASING DEMAND FOR POWER GENERATION
  • 4.5. CHALLENGES
    • 4.5.1. HIGH CAPITAL INVESTMENT
    • 4.5.2. LACK OF SKILLED PROFESSIONALS

5. MARKET BY TECHNOLOGY

  • 5.1. SOLID OXIDE FUEL CELLS (SOFC)
  • 5.2. PHOSPHORIC ACID FUEL CELLS (PAFC)
  • 5.3. MOLTEN CARBONATE FUEL CELLS (MCFC)
  • 5.4. DIRECT METHANOL FUEL CELLS (DMFC)
  • 5.5. POLYMER/PROTON EXCHANGE MEMBRANE FUEL CELLS (PEM)

6. MARKET BY APPLICATION

  • 6.1. TRANSPORTATION FUEL CELL
  • 6.2. STATIONARY FUEL CELL
  • 6.3. PORTABLE FUEL CELL

7. KEY ANALYTICS

  • 7.1. PORTER'S 5 FORCE ANALYSIS
    • 7.1.1. THREAT OF NEW ENTRANTS
    • 7.1.2. THREAT OF SUBSTITUTE PRODUCTS
    • 7.1.3. BARGAINING POWER OF BUYERS
    • 7.1.4. BARGAINING POWER OF SUPPLIERS
    • 7.1.5. INTENSITY OF COMPETITIVE RIVALRY
  • 7.2. VALUE CHAIN ANALYSIS
    • 7.2.1. RAW MATERIAL SUPPLIERS
    • 7.2.2. MANUFACTURERS
    • 7.2.3. DISTRIBUTORS
    • 7.2.4. END-USERS
  • 7.3. KEY BUYING CRITERIA
    • 7.3.1. PRICE
    • 7.3.2. APPLICATION
    • 7.3.3. EFFICIENCY OF THE SYSTEM
  • 7.4. ESTIMATION ANALYSIS
    • 7.4.1. INVESTMENTS IN FUEL CELL
    • 7.4.2. ESCALATING NUMBER OF HYDROGEN REFUELING STATIONS
  • 7.5. REGULATORY FRAMEWORK
  • 7.6. PATENT ANALYSIS
    • 7.6.1. UNITED STATES
  • 7.7. INVESTMENT OUTLOOK
    • 7.7.1. COUNTRY OUTLOOK
    • 7.7.2. APPLICATIONS OUTLOOK
  • 7.8. VENDOR LANDSCAPE
  • 7.9. OPPORTUNITY MATRIX

8. GEOGRAPHICAL ANALYSIS

  • 8.1. UNITED STATES
  • 8.2. CANADA

9. COMPETITIVE LANDSCAPE

  • 9.1. MARKET SHARE ANALYSIS
  • 9.2. TOP WINNING STRATEGIES
    • 9.2.1. PRODUCT LAUNCH/INVESTMENT/R&D/ROAD MAP
    • 9.2.2. MERGERS/ACQUISITIONS/JOINT VENTURES/PARTNERSHIPS/AGREEMENT/COLLABORATION
  • 9.3. COMPANY PROFILES
    • 9.3.1. HITACHI LTD
      • 9.3.1.1. OVERVIEW
      • 9.3.1.2. PRODUCT PORTFOLIO
      • 9.3.1.3. STRATEGIC INITIATIVE
      • 9.3.1.4. SCOT ANALYSIS
      • 9.3.1.5. STRATEGIC ANALYSIS
    • 9.3.2. GENERAL ELECTRIC COMPANY
      • 9.3.2.1. OVERVIEW
      • 9.3.2.2. PRODUCTS PORTFOLIO
      • 9.3.2.3. STRATEGIC INITIATIVE
      • 9.3.2.4. SCOT ANALYSIS
      • 9.3.2.5. STRATEGIC ANALYSIS
    • 9.3.3. EXXON MOBIL CORPORATION
      • 9.3.3.1. OVERVIEW
      • 9.3.3.2. PRODUCT PORTFOLIO
      • 9.3.3.3. STRATEGIC INITIATIVE
      • 9.3.3.4. SCOT ANALYSIS
      • 9.3.3.5. STRATEGIC ANALYSIS
    • 9.3.4. AFC ENERGY PLC
      • 9.3.4.1. OVERVIEW
      • 9.3.4.2. PRODUCT PORTFOLIO
      • 9.3.4.3. STRATEGIC INITIATIVE
      • 9.3.4.4. SCOT ANALYSIS
      • 9.3.4.5. STRATEGIC ANALYSIS
    • 9.3.5. FUELCELL ENERGY INC
      • 9.3.5.1. OVERVIEW
      • 9.3.5.2. PRODUCT PORTFOLIO
      • 9.3.5.3. STRATEGIC INITIATIVES
      • 9.3.5.4. SCOT ANALYSIS
      • 9.3.5.5. STRATEGIC ANALYSIS
    • 9.3.6. HYDROGENICS CORPORATION
      • 9.3.6.1. OVERVIEW
      • 9.3.6.2. SCOT ANALYSIS
      • 9.3.6.3. STRATEGIC ANALYSIS
    • 9.3.7. AISIN SEIKI CO LTD
      • 9.3.7.1. OVERVIEW
      • 9.3.7.2. PRODUCT PORTFOLIO
      • 9.3.7.3. STRATEGIC INITIATIVES
      • 9.3.7.4. SCOT ANALYSIS
      • 9.3.7.5. STRATEGIC ANALYSIS
    • 9.3.8. BALLARD POWER SYSTEMS
      • 9.3.8.1. OVERVIEW
      • 9.3.8.2. PRODUCT PORTFOLIO
      • 9.3.8.3. STRATEGIC INITIATIVE
      • 9.3.8.4. SCOT ANALYSIS
      • 9.3.8.5. STRATEGIC ANALYSIS
    • 9.3.9. BLOOM ENERGY CORPORATION
      • 9.3.9.1. OVERVIEW
      • 9.3.9.2. PRODUCT PORTFOLIO
      • 9.3.9.3. STRATEGIC INITIATIVE
      • 9.3.9.4. SCOT ANALYSIS
      • 9.3.9.5. STRATEGIC ANALYSIS
    • 9.3.10. CERES POWER HOLDINGS PLC
      • 9.3.10.1. OVERVIEW
      • 9.3.10.2. PRODUCT PORTFOLIO
      • 9.3.10.3. STRATEGIC INITIATIVE
      • 9.3.10.4. SCOT ANALYSIS
      • 9.3.10.5. STRATEGIC ANALYSIS
    • 9.3.11. PLUG POWER INC
      • 9.3.11.1. OVERVIEW
      • 9.3.11.2. PRODUCT PORTFOLIO
      • 9.3.11.3. STRTEGIC INITIATIVES
      • 9.3.11.4. SCOT ANALYSIS
      • 9.3.11.5. STRATEGIC ANALYSIS
    • 9.3.12. SFC ENERGY AG
      • 9.3.12.1. OVERVIEW
      • 9.3.12.2. PRODUCT PORTFOLIO
      • 9.3.12.3. STRATEGIC INITIATIVES
      • 9.3.12.4. SCOT ANALYSIS
      • 9.3.12.5. STRATEGIC ANALYSIS
    • 9.3.13. PANASONIC
      • 9.3.13.1. OVERVIEW
      • 9.3.13.2. PRODUCT PORTFOLIO
      • 9.3.13.3. SCOT ANALYSIS
      • 9.3.13.4. STRATEGIC ANALYSIS
    • 9.3.14. TOYOTA MOTOR CORPORATION
      • 9.3.14.1. OVERVIEW
      • 9.3.14.2. PRODUCT PORTFOLIO
      • 9.3.14.3. STRATEGIC INITIATIVES
      • 9.3.14.4. SCOT ANALYSIS
      • 9.3.14.5. STRATEGIC ANALYSIS
    • 9.3.15. TOSHIBA
      • 9.3.15.1. OVERVIEW
      • 9.3.15.2. PRODUCT PORTFOLIO
      • 9.3.15.3. SCOT ANALYSIS
      • 9.3.15.4. STRATEGIC ANALYSIS

LIST OF TABLES

  • TABLE 1 NORTH AMERICA FUEL CELL MARKET BY COUNTRY 2018-2026 ($ MILLION)
  • TABLE 2 NORTH AMERICA FUEL CELL MARKET BY TECHNOLOGY 2018-2026 ($ MILLION)
  • TABLE 3 NORTH AMERICA FUEL CELL MARKET BY APPLICATIONS 2018-2026 ($ MILLION)
  • TABLE 4 INVESTMENT IN FUEL CELLS
  • TABLE 5 PROJECTED FCEVS ON ROAD TILL 2020
  • TABLE 6 NORTH AMERICA FUEL CELL MARKET BY COUNTRY 2018-2026 ($ MILLION)

LIST OF FIGURES

  • FIGURE 1 NORTH AMERICA FUEL CELL MARKET BY TECHNOLOGY 2018-2026 ($ MILLION)
  • FIGURE 2 NORTH AMERICA STATIONARY FUEL CELL MARKET 2018-2026 ($ MILLION)
  • FIGURE 3 NORTH AMERICA POLYMER/PROTON EXCHANGE MEMBRANE FUEL CELL MARKET 2018-2026 ($ MILLION)
  • FIGURE 4 EVOLUTION OF FUEL CELLS
  • FIGURE 5 CUT IN FUEL COST DUE TO TECHNOLOGICAL INNOVATIONS $/KW (2002-2016)
  • FIGURE 6 NORTH AMERICA SOLID OXIDE FUEL CELLS (SOFC) MARKET 2018-2026 ($ MILLION)
  • FIGURE 7 NORTH AMERICA PHOSPHORIC ACID FUEL CELLS (PAFC) MARKET 2018-2026 ($ MILLION)
  • FIGURE 8 NORTH AMERICA MOLTEN CARBONATE FUEL CELLS (MCFC) MARKET 2018-2026 ($ MILLION)
  • FIGURE 9 NORTH AMERICA DIRECT METHANOL FUEL CELLS (DMFC) MARKET 2018-2026 ($ MILLION)
  • FIGURE 10 NORTH AMERICA POLYMER/PROTON EXCHANGE MEMBRANE FUEL CELLS (PEMFC) MARKET 2018-2026 ($ MILLION)
  • FIGURE 11 NORTH AMERICA TRANSPORTATION FUEL CELL MARKET 2018-2026 ($ MILLION)
  • FIGURE 12 NORTH AMERICA STATIONARY FUEL CELL MARKET 2018-2026 ($ MILLION)
  • FIGURE 13 NORTH AMERICA PORTABLE FUEL CELL MARKET 2018-2026 ($ MILLION)
  • FIGURE 14 PROJECTED HYDROGEN FUELING STATION TILL 2020
  • FIGURE 15 INVESTMENT PROPOSITION FOR NORTH AMERICA FUEL CELL MARKET BY COUNTRY - 2017
  • FIGURE 16 INVESTMENT PROPOSITION FOR FUEL CELL MARKET BY APPLICATION - 2017
  • FIGURE 17 UNITED STATES FUEL CELLS MARKET 2018-2026 ($ MILLION)
  • FIGURE 18 CANADA FUEL CELLS MARKET 2018-2026 ($ MILLION)
  • FIGURE 19 NORTH AMERICA FUEL CELL MARKET SHARE - 2016
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