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Market Research Report

North America Fuel Cell Market Forecast 2020-2028

Published by Inkwood Research Product code 601448
Published Content info 102 Pages
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North America Fuel Cell Market Forecast 2020-2028
Published: January 6, 2020 Content info: 102 Pages
Description

KEY FINDINGS

The North America fuel cell market is evaluated to grow at a CAGR of 17.82% during the projected period, 2020-2028.The growth in demand for fuel cells in North America is due to the increasing demand for fuel cells for power generation and in the automotive sector. Another significant factor influencing the market growth in the region is the increase in the use of fuel cells in the transport and industrial sector.

MARKET INSIGHTS

The fuel cell market of North America includes the market analysis of the US and Canada. The Canada market for fuel cells is flourishing at a considerable pace. The market is propelled by the investments and funding by the federal government, together with the surging use of fuel cells in the transportation sector of the country. In Canada, according to the CHFCA, the transportation and logistics sector accounts for around 20% of the total greenhouse gas emissions. Hydrogen and fuel cell vehicles provide zero-emissions at the tailpipe and important CO2 reductions even when hydrogen is produced and extracted from fossil fuels. The federal government of Canada also grants funds to private organizations, which further boosts the market growth in the region.

COMPETITIVE INSIGHTS

Some of the prominent companies in the market are Exxon Mobil Corporation, Ballard Power Systems, Fuel Cell Energy, Inc., Hydrogenics Corporation, General Electric Company, Bloom Energy Corporation, etc.

Our report offerings include:

Explore key findings of the overall market

Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

Market Segmentation cater to a thorough assessment of key segments with their market estimations

Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Table of Contents
Product Code: 12672

Table of contents

1. RESEARCH SCOPE & METHODOLOGY

  • 1.1. STUDY OBJECTIVES
  • 1.2. SCOPE OF STUDY
  • 1.3. METHODOLOGY
  • 1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

  • 2.1. MARKET SIZE & ESTIMATES
  • 2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

  • 3.1. DEVELOPMENT OF FUEL CELL
  • 3.2. MARKET DEFINITION
  • 3.3. KEY DRIVERS
    • 3.3.1. DEVELOPMENT OF HYDROGEN INFRASTRUCTURE
    • 3.3.2. RISING PUBLIC-PRIVATE PARTNERSHIP
    • 3.3.3. INNOVATION IN FUEL CELL TECHNOLOGY
    • 3.3.4. INCREASING DEMAND FOR POWER GENERATION
  • 3.4. KEY RESTRAINTS
    • 3.4.1. HIGH COST OF FUEL CELL TECHNOLOGIES
    • 3.4.2. LACK OF INFRASTRUCTURE
    • 3.4.3. HIGH CAPITAL INVESTMENT
    • 3.4.4. LACK OF SKILLED PROFESSIONALS

4. KEY ANALYTICS

  • 4.1. KEY INVESTMENT INSIGHTS
  • 4.2. PORTER'S FIVE FORCE ANALYSIS
    • 4.2.1. BUYER POWER
    • 4.2.2. SUPPLIER POWER
    • 4.2.3. SUBSTITUTION
    • 4.2.4. NEW ENTRANTS
    • 4.2.5. INDUSTRY RIVALRY
  • 4.3. OPPORTUNITY MATRIX
  • 4.4. VENDOR LANDSCAPE
  • 4.5. VALUE CHAIN ANALYSIS
    • 4.5.1. RAW MATERIAL SUPPLIERS
    • 4.5.2. MANUFACTURERS
    • 4.5.3. DISTRIBUTORS
    • 4.5.4. END-USERS
  • 4.6. KEY BUYING CRITERIA
    • 4.6.1. PRICE
    • 4.6.2. APPLICATION
    • 4.6.3. EFFICIENCY OF THE SYSTEM
  • 4.7. REGULATORY FRAMEWORK
  • 4.8. PATENT ANALYSIS - UNITED STATES

5. MARKET BY PRODUCT

  • 5.1. SOLID OXIDE FUEL CELLS (SOFC)
  • 5.2. PHOSPHORIC ACID FUEL CELLS (PAFC)
  • 5.3. MOLTEN CARBONATE FUEL CELLS (MCFC)
  • 5.4. PROTON EXCHANGE MEMBRANE FUEL CELLS (PEMFC)
  • 5.5. OTHER FUEL CELLS

6. MARKET BY APPLICATION

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

7. GEOGRAPHICAL ANALYSIS

  • 7.1. NORTH AMERICA
    • 7.1.1. UNITED STATES
    • 7.1.2. CANADA

8. COMPANY PROFILES

  • 8.1. AFC ENERGY PLC
  • 8.2. AISIN SEIKI CO. LTD
  • 8.3. BALLARD POWER SYSTEMS INC.
  • 8.4. BLOOM ENERGY CORPORATION
  • 8.5. CERES POWER HOLDINGS PLC
  • 8.6. EXXON MOBIL CORPORATION
  • 8.7. FUEL CELL ENERGY, INC
  • 8.8. GENERAL ELECTRIC COMPANY (GE)
  • 8.9. HITACHI, LTD
  • 8.10. HYDROGENICS CORPORATION
  • 8.11. PANASONIC CORPORATION
  • 8.12. PLUG POWER INC.
  • 8.13. SFC ENERGY AG
  • 8.14. TOSHIBA CORPORATION
  • 8.15. TOYOTA MOTOR CORPORATION

LIST OF TABLES

  • TABLE 1: MARKET SNAPSHOT - FUEL CELL
  • TABLE 2: REGULATORY FRAMEWORK
  • TABLE 3: NORTH AMERICA FUEL CELL MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 4: NORTH AMERICA FUEL CELL MARKET, BY PRODUCT, FORECAST YEARS, 2020-2028 (IN $ MILLION)
  • TABLE 5: NORTH AMERICA FUEL CELL MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 6: NORTH AMERICA FUEL CELL MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)
  • TABLE 7: NORTH AMERICA FUEL CELL MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 8: NORTH AMERICA FUEL CELL MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

LIST OF FIGURES

  • FIGURE 1: TIMELINE OF FUEL CELLS
  • FIGURE 2: CUT IN FUEL COSTS DUE TO TECHNOLOGICAL INNOVATIONS $/kW (2002-2016)
  • FIGURE 3: KEY INVESTMENT INSIGHTS
  • FIGURE 4: PORTER'S FIVE FORCE ANALYSIS
  • FIGURE 5: OPPORTUNITY MATRIX
  • FIGURE 6: VENDOR LANDSCAPE
  • FIGURE 7: VALUE CHAIN ANALYSIS
  • FIGURE 8: KEY BUYING CRITERIA
  • FIGURE 9: NORTH AMERICA FUEL CELL MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2019
  • FIGURE 10: NORTH AMERICA FUEL CELL MARKET, SOLID OXIDE FUEL CELLS (SOFC), 2020-2028 (IN $ MILLION)
  • FIGURE 11: NORTH AMERICA FUEL CELL MARKET, PHOSPHORIC ACID FUEL CELLS (PAFC), 2020-2028 (IN $ MILLION)
  • FIGURE 12: NORTH AMERICA FUEL CELL MARKET, MOLTEN CARBONATE FUEL CELLS (MCFC), 2020-2028 (IN $ MILLION)
  • FIGURE 13: NORTH AMERICA FUEL CELL MARKET, PROTON EXCHANGE MEMBRANE FUEL CELLS (PEMFC), 2020-2028 (IN $ MILLION)
  • FIGURE 14: NORTH AMERICA FUEL CELL MARKET, OTHER FUEL CELLS, 2020-2028 (IN $ MILLION)
  • FIGURE 15: NORTH AMERICA FUEL CELL MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019
  • FIGURE 16: NORTH AMERICA FUEL CELL MARKET, TRANSPORTATION, 2020-2028 (IN $ MILLION)
  • FIGURE 17: NORTH AMERICA FUEL CELL MARKET, STATIONARY, 2020-2028 (IN $ MILLION)
  • FIGURE 18: NORTH AMERICA FUEL CELL MARKET, PORTABLE, 2020-2028 (IN $ MILLION)
  • FIGURE 19: NORTH AMERICA FUEL CELL MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
  • FIGURE 20: UNITED STATES FUEL CELL MARKET, 2020-2028 (IN $ MILLION)
  • FIGURE 21: CANADA FUEL CELL MARKET, 2020-2028 (IN $ MILLION)
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