On 2024-10-30 Global Info Research released【Global Hydrogen and Fuel Cells Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030】. This report includes an overview of the development of the Hydrogen and Fuel Cells industry chain, the market status of Consumer Electronics (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), Household Appliances (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Hydrogen and Fuel Cells.
Hydrogen and Fuel Cells use hydrogen as a chemical element, and are made into batteries that store energy. The basic principle is the reverse reaction of electrolysis of water, hydrogen and oxygen were supplied to the cathode and anode, hydrogen diffusion through the cathode and the electrolyte reaction, the release of electrons through the external load to reach the anode.
The global Hydrogen and Fuel Cells market size is expected to reach $ 32110 million by 2030, rising at a market growth of 27.1% CAGR during the forecast period (2024-2030).
Traditionally, North American market develops significantly due to commercialization and adoption of electric vehicles. However, Asia Pacific emerges as a growing market in terms of shipment in 2024. Growing demand for new energy vehicles and power systems in APAC market triggers the market demand. The hydrogen and fuel cells market, by type, is segmented into air-cooled type and Water-cooled Type, and air-cooled system accounted for the largest market share in 2023.
Growing demand for clean energy generation and reliance on hydrogen and fuel cells-based public transportation systems in developed regions is driving market growth. Moreover, advantages offered by air-cooled system, such as structure is simple, light weight, the price is relatively cheap are likely to drive the demand for air-cooled system during the forecast period. Power based electricity generation is effective in minimizing emission of carbon dioxide or any other hazardous pollutants. Hence, hydrogen and fuel cells technology plays a vital role in dealing with environmental issues as well as encouraging the use of renewable carriers of energy. Ongoing product developments and innovation is expected to open new opportunities for emerging players.
This report studies the global Hydrogen and Fuel Cells production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Hydrogen and Fuel Cells and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Hydrogen and Fuel Cells that contribute to its increasing demand across many markets.
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Market segment by Type: Air-Cooled、Water-Cooled
Market segment by Application:Stationary、Transportation、Portable
Major players covered: Panasonic、Plug Power、Toshiba ESS、Ballard、SinoHytec、Cummins (Hydrogenics)、Nedstack、Hyundai Mobis、Toyota Denso、Elring Klinger、Bosch/Powercell、Symbio、Pearl Hydrogen、Sunrise Power、Hyster-Yale Group
Market segment by region, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hydrogen and Fuel Cells product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hydrogen and Fuel Cells, with price, sales, revenue and global market share of Hydrogen and Fuel Cells from 2019 to 2024.
Chapter 3, the Hydrogen and Fuel Cells competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydrogen and Fuel Cells breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Hydrogen and Fuel Cells market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hydrogen and Fuel Cells.
Chapter 14 and 15, to describe Hydrogen and Fuel Cells sales channel, distributors, customers, research findings and conclusion.
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