Hydrogen Fuel Cells Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Hydrogen Fuel Cells Market size is expected to grow at an annual average of 16% during 2021-2027. Fuel cells are devices that produce energy by means of a chemical reaction inside, and are expected to grow significantly over the next few years. This is because fuel cells have high competitiveness in terms of efficiency, eco-friendliness, and life extension. The application of fuel cells in transportation sectors such as automobiles and buses is expected to increase.

The following segmentation are covered in this report:

By Application

• Portable
• Stationary
• Transport

By Type

• SOLID OXIDE FUEL CELLS (SOFC)
• PROTON EXCHANGE MEMBRANE FUEL CELLS (PEMFC)
• MOLTEN CARBONATE FUEL CELLS (MCFC)
• PHOSPHORIC ACID FUEL CELL (PAFC)
• OTHERS (DIRECT METHANOL FUEL CELLS (DMFC), ALKALINE FUEL CELLS (AFC), DIRECT CARBON FUEL CELLS (DCFC))

Company Profile

• BALLARD POWER SYSTEMS INC.
• PLUG POWER INC.
• PROTON POWER SYSTEMS PLC
• ITM POWER PLC
• AFC Energy Plc
• FUEL CELL ENERGY INC.
• SFC ENERGY
• UNITED TECHNOLOGIES
• HYDROGENICS
• FUJI ELECTRIC INDIA PVT LTD.

Scope of the report

The research study analyses the Hydrogen Fuel Cells Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Hydrogen Fuel Cells Market Report

• What was the Hydrogen Fuel Cells Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Hydrogen Fuel Cells Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.