1. Market Research
  2. > Energy & Environment
  3. > Energy Technology
  4. > Battery Market Trends
  5. > Global Fuel Cells Market, Global Industry Analysts

Global Fuel Cells Market, Global Industry Analysts

  • May 2014
  • -
  • Global Industry Analysts
  • -
  • 380 pages

This report analyzes the worldwide markets for Fuel Cells in US$ Thousands by the following Product Segments: Phosphoric Acid Fuel Cells, Molten Carbonate Fuel Cells, Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton Exchange Membrane Fuel Cells, and Others.The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2013 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 110 companies including many key and niche players such as -

Acumentrics Corp.
AFC Energy PLC
Air Liquide
Apollo Energy Systems Inc.
Areva Group

Table Of Contents

Global Fuel Cells Market, Global Industry Analysts



I. INTRODUCTION, METHODOLOGY and PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation and Reporting Level I-2
Quantitative Techniques and Analytics I-3
Product Definitions and Scope of Study I-3
Phosphoric Acid Fuel Cells (PAFC) I-3
Molten Carbonate Fuel Cells (MCFC) I-4
Alkaline Fuel Cells (AFC) I-4
Solid Oxide Fuel Cells (SOFC) I-4
Proton Exchange Membrane Fuel Cells (PEMFC) I-4
Other Fuel Cells (Includes Direct Methanol Fuel Cells (DMFC)
among Others) I-4


II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW II-1
A Quick Primer II-1
Market Overview II-2
Fuel Cells Technology: A Fabulous Replacement for Fossil Fuels II-3
Impact of Economic Turmoil Witnessed in the Recent Past II-4
Market Outlook II-5

2. MARKET TRENDS, DRIVERS and ISSUES II-6
Investments Pour In, Promising to Expand the Industry's Scope II-6
Flurry of Collaborations and Partnerships Drives Innovation II-6
Asia Pacific Emerges as the Key Adopter of Fuel Cell Technology II-6
Whimsical Visions of an All-Hydrogen Economy Drives Interest
in Fuel Cells II-7
Environmental Benefits Drive Adoption of Fuel Cells in the
Power Sector II-8
High Costs: The Achilles Heel of Hydrogen Fuel Cells II-8
Growing Interest in Distributed Fuel Cell Generation Systems
to Benefit Stationary Fuel Cells II-9
Material Handling: An Emerging Application Area for Fuel Cells II-9
Aircraft Manufacturers Take a Closer Look at ‘Fuel-Efficient'
and ‘Eco-Friendly' Fuel Cells II-10
Auto Industry Banks On Fuel Cells As a Sustainable Fuel
Technology of the Future II-10
South Korea and Japan Step Up FCV Funding II-11
Joint Development Programs Extend the Scope of FCVs II-11
Fuel Cell Buses to Find Widespread Use in Mass Transit
Applications II-12
Fuel Cells Find Niche Applications in 2-Stroke Engine
Motorcycles II-13
Hydrogen Refueling Infrastructure: Critical for the Success
of FCVs II-13
Select Hydrogen Infrastructure Development Programs II-14
H2Mobility in Germany II-14
UKH2Mobility in the UK II-14
Scandinavian H2 Highway Partnership (SHHP) II-14
Hydrogen Supply/Utilization Technology (HySUT) in Japan II-14
Expanding Applications in the ‘Military' Sector Augurs Well
for the Market II-14
Market to See Rise in Shipments of Fuel Cell APUs II-15
Shipment of Fuel Cells with Islanding Capability to Increase II-15
Fuel Cell Exports Exhibit Significant Growth Potential II-15
Strong Demand for Portable Electronic Devices to Spur
Opportunities for Portable Fuel Cells II-16
Table 1: Worldwide Demand for Fuel Cell in Mobile Phones:
Breakdown of Number of Units (in Million) and Percentage
Share in the Total Mobile Phones Market (includes
corresponding Graph/Chart) II-18
Stationary Fuel Cells: A High Growth Market Vertical II-18
Stationary Fuel Cells Gather Steam in Back-Up and UPS
Stationary Applications II-19
Residential Sector Drives Demand for Stationary Fuel Cells II-20
Stationary and Distributed Energy Applications Garner Attention II-20
MFCs - Promising Future, Challenges Abound II-20
Direct Methanol Fuel Cell Preferred Choice for Portable Devices II-21
SOFCs: A Technology of Interest to the Developed Countries II-22
Technological Developments Widen Scope of Applications for SOFCs II-22
Advances in Nanotechnology Enables More Efficient Fuel Cell
Applications II-23
Raw Material Prices: A Review II-23
Important Materials Used in Fuel Cells and Batteries II-24
Catalysts, Performance Additives to Register Rapid Gains II-24
Consolidation Blows in the Wind II-24
Select MandA Deals: 2012-2014 II-25
Fuel Cell Activity Worldwide II-25
Overview II-25
Select Fuel Cell Policies and Programs in Developed Nations II-26
United States II-26
Europe II-26
Japan II-26
Research and Development II-26
Potential Sequence for Fuel Cell Development: 2005-2040 II-26
Key Statistical Findings: II-27
Table 2: Global Fuel Cells Market (2013): Percentage Share
Breakdown of Shipments by Application (includes corresponding
Graph/Chart) II-27

Table 3: Global Fuel Cells Market (2013): Percentage Share
Breakdown of Installed MW Capacity by Application (includes
corresponding Graph/Chart) II-27

Table 4: Global Stationary Fuel Cells Market (2013):
Percentage Breakdown of MW Shipments by Application (includes
corresponding Graph/Chart) II-27

Table 5: Global Fuel Cells Market (2013): Percentage Share
Breakdown of Fuel Cell Production by Region - North America,
Europe, Asia-Pacific and Rest of World (includes
corresponding Graph/Chart) II-28

Table 6: Global Fuel Cells Market (2002-2010): Percentage
Breakdown of Number of Patents by Country (includes
corresponding Graph/Chart) II-28

3. PRODUCT OVERVIEW II-29
Definition II-29
Basic Principle II-29
Table 7: Cost Structure of Fuel Cell - Percentage Share of
Key Components Carbon Electrode, Flowfield, Platinum
Catalyst, Polymer Membrane (Electrolyte), and Others
(includes corresponding Graph/Chart) II-30
Support Systems II-30
Technology II-30
Function II-31
Carnot Efficiency and Fuel Cells II-31
An Insight into Key Components II-31
Reformers II-31
Hydrocarbon Sources II-32
Steam Reforming II-32
Partial Oxidation II-32
Gasified II-32
Stacks II-32
Stack Contents II-33
Challenges in Fuel Cell Commercialization II-33
Capital Costs II-33
Reliability II-33
Material Costs II-33
Manufacturing Issues II-34
Engineering Issues II-34
Modeling II-34
Reliability and Durability II-34
Materials II-34
Fuel Processor II-34
New Pumps II-34
Fuel Storage II-34
Electronics and Sensors II-34
Other Issues II-35
Difference between Fuel Cells and Batteries II-35
History II-35
Timeline II-36
Classification of Fuel Cells II-36
An Insight II-36
Electrolyte Based Technologies II-37
Fuel Cell Technologies II-37
Technical Features II-37
Power Output and Efficiency II-38
Merits and Demerits II-38
Basic Application II-39
Fuel Cell Systems II-39
Low Temperature Cells- Function at Less Than 200°C II-39
High Temperature Cells- Function in the Range of 600°C and
1,000°C II-39
Major Types of Fuel Cells II-39
Alkaline Fuel Cells (AFC) II-39
Overview II-39
Principle of Operation II-40
Operational Efficiencies II-40
Merits and Demerits II-40
Phosphoric Acid Fuel Cells (PAFCs) II-40
Overview II-40
Application Areas II-40
Operational Principles II-41
Merits II-41
Demerits II-41
Solid Polymer or Proton Exchange Membrane Fuel Cell (PEM) II-41
Overview II-41
Operational Principle II-42
Applications Areas II-42
Improved PEM Functionality due to Innovation of New Membranes II-42
Merits II-42
Demerits II-42
Molten Carbonate Fuel Cells (MCFCs) II-42
Overview II-42
Operational Principle II-43
Benefits II-43
Drawback II-43
Solid Oxide Fuel Cells (SOFCs) II-43
Overview II-43
SOFCs vs MCFCs II-44
Tubular and Planar Types II-44
Operational Principle II-44
Merits II-44
Demerits II-45
Components and Properties II-45
Yttria Stabilised Zirconia II-45
Nickel II-45
Strontium Doped Lanthanum Magnetite II-45
Lanthanum Chromite II-45
Gas Reforming in SOFC II-45
Intermediate Temperature Solid Oxide Fuel Cells II-46
Research Focus II-46
Other Types of Fuel Cells II-46
Direct Methanol Fuel Cells (DMFC) II-46
Regenerative Fuel Cells (RFC) II-47
Zinc-Air Fuel Cells (ZAFC) II-47
Working Principle II-47
Protonic Ceramic Fuel Cell (PCFC) II-47
Fuel Cell Materials II-47
Pumps II-47
Ceramics II-48
Motors II-48
Bulk Molding Compounds II-48
Plastics II-48
Fuel Cell Energy Sources II-49
An Insight II-49
Natural Gas II-49
Hydrogen II-49
Overview II-49
Storage Issues II-50
Supply II-50
Challenges Plaguing Use of Hydrogen II-50
Hydrogen Infrastructure II-50
Low Energy Density II-51
Hydrogen Powered Fuel Cell Buses II-51
Methanol II-51
As a Source of Fuel II-51
Benefits II-51
Shortcomings II-52
Economic Viability II-52
Legislative Measures II-52

4. FUEL CELL APPLICATIONS II-53
General End-Use Markets II-53
Application Areas II-53
Large-Scale Power-Intensive Applications II-53
Portable Applications II-53
Stationary Applications II-53
Transportation Applications II-54
Snapshots of Select End Uses II-54
Military/Aerospace II-54
Power Generation II-54
An Overview II-54
Alternative Energy Technologies II-54
Types II-54
Fuel Cells Vs Gensets II-55
Fuel Cells Vs Microturbines II-55
Prospects for Renewable Technology II-56
Transportation II-56
Industrial II-57
Residential II-57
Commercial II-57
Marine II-57
Major Application Areas II-57
Portable Fuel Cells II-57
Overview II-57
Technical Challenges II-58
Micro Fuel Cells vis-a-vis Batteries II-58
MEMS Technology II-58
Stationary Fuel Cells II-59
Overview II-59
Categories II-59
Fuel Cells vis-a-vis Conventional Systems II-59
Fuels II-60
Benefits II-60
Micro CHP II-60
Automotive Fuel Cells II-60
An Overview II-60
Trends II-61
PEM Fuel Cells Show Great Promise in Automobile Applications II-61
Advantages of Fuel Cell Vehicles over Conventional Systems II-61
Fuel Cells Vehicles: Facing Commercialization and Technical
Challenges II-61
Barriers II-62
HypercarSM Vehicles Concept II-62

5. PRODUCT INTRODUCTIONS/INNOVATIONS II-63
CommScope Rolls Out its New Hydrogen Fuel Cell Solution II-63
Hyundai to Introduce Tucson Fuel Cell Vehicle in the US II-63
PlugPower Launches GenDrive 1900 Fuel Cell for Material
Handling Applications II-63
Nuvera Fuel Cells Introduces New Orion® Fuel Cell Stack II-63
ReliOn Rolls Out Enhanced E-200 Fuel Cell System II-63
UltraCell Unveils GENiii XX55 Portable Reformed Methanol Fuel
Cell System II-63
Redox Develops Redox PowerSERG 2-80 Fuel Cell II-64
Ballard Introduces New Outdoor Hydrogen Fuel Cell Products for
Telecom Backup Power II-64
Mitsubishi Heavy Industries and JAMSTEC Develop Innovative
Closed-Cycle Fuel Cell System II-64
Toyota Showcases FCV-R Concept Car II-64
Panasonic Introduces Cheaper, Smaller ENE-FARM Unit II-64
SFC Energy Unveils Pre-Series Model of Portable JENNY 1200
Fuel Cell Generator II-64
SFC Energy Rolls Out EMILY 3000 Fuel Cell Generator II-64
Proton Motor Fuel Cell Unveils PM400 Higher Power Fuel Cell Stack II-65
PowerCell Rolls Out a Prototype of its PowerPac Fuel Cell System II-65
Convion to Develop 50 kW SOFC for CHP Applications II-65
Tata Motors and ISRO Launch Hydrogen-Powered Automobile Bus II-65
Acumentrics Unveils RP20 Fuel Cell for Power Cathodic
Protection Systems II-65
ReliOn Introduces E-2200x and E-1000x Fuel Cell Products II-65
Total Transportation Service and Vision Motors Unveil "Tyrano"
Plug In Electric/Hydrogen Fuel Cell Class "8" Truck II-66
ReliOn Launches E-1100v Fuel Cell System II-66
DDI Energy Introduces New SOFCs II-66
Mitsubishi Heavy Industries to Develop Basic Technologies for
a Triple Combined-Cycle Power Generation System II-66
Hydrogenics Unveils HyPMâ„¢ HD90 Fuel Cell Power Module II-66
ITU Launches New Boat with Hydrogenics Fuel Cell Power Module II-66

6. RECENT INDUSTRY ACTIVITY II-67
Plug Power Takes Over the Assets of ReliOn II-67
Kinsley Fuel Cells Signs Agreement with ClearEdge Power II-67
SFC Energy Appoints Western Marine Company as Canadian
Distributor II-67
AREVA Inks Strategic Partnership Agreement with Schneider
Electric II-67
Ceres Power Holdings Enters into Joint Development Agreement
with Cummins Power Generation II-67
Ballard Power Systems Sells its FCgenâ„¢-1300 Fuel Cell Stack to
M-Field Energy II-67
Plug Power Wins New Contract from the US DOE II-67
ClearEdge Power Takes Over UTC Power II-68
SiGNa Chemistry Acquires Assets of Jadoo Power Systems'
Hydrogen Storage And Fuel Cartridge Business II-68
Neah Power Systems Takes Over Fuel Cell Technology Assets from
Clean Tech Investors II-68
Plug Power Received New Order from Mercedes-Benz US International II-68
Plug Power to Supply GenDriveâ„¢ Fuel Cell Units to Ace Hardware II-68
FuelCell Energy Signs Shared Cooperative Agreement with the US
DoE II-68
ClearEdge Power Installs Fuel Cell Power Unit in Western
Connecticut State University II-68
ClearEdge Power to Install PureCell® Model 400 Fuel Cell
Systems at Verizon Sites in California II-69
FuelCell Energy Signs Co-Marketing Agreement with NRG Energy II-69
Parker Hannifin's Energy Systems Business Unit Implements the
First Field Installation of its CHP SOFC system II-69
SFC Energy Delivers EFOY Pro Fuel Cell Generators to
Convergint Technologies II-69
General Motors Teams Up with Honda to Develop Next-Generation
Fuel Cell System II-69
Air Liquide Teams Up with Toyota Tsusho II-69
Daimler Teams Up with Ford and Renault-Nissan II-69
Air Liquide Deploys the First Hydrogen Fuel Cell System II-70
Hydrogenics Launches New Hydrogen Fueling Station and Bus in
The Netherlands II-70
Waste2Tricity International Bags Exclusive Rights for AFC
Energy's Hydrogen Fuel Cells II-70
FuelCell Energy Inks Master Service Agreement with POSCO Energy II-70
ClearEdge Power Sells PureCell® Model 400 Fuel Cell System to
Samsung Everland II-70
Ballard Delivers ClearGenâ„¢ Clean Energy Fuel Cell System to
Azure Hydrogen II-70
Ballard Power Systems Commissions 1.1 MW ClearGenâ„¢ Fuel Cell
System for Toyota Motor Sales U.S.A. II-71
Plug Power Receives Order from Procter and Gamble II-71
Ballard Power Systems Acquires Assets of IdaTech II-71
FuelCell Energy Takes Over Full Stake in Versa Power Systems II-71
FuelCell Energy Inks Multi-Year Service Agreement with
Southern California Edison II-71
FuelCell Energy Inaugurates 2.8 MW Carbon Neutral Fuel Cell
Power Plant II-71
Hydrogenics Provides Fuel Cells to CTE's Proterra Project II-71
ReliOn Join Hands with Hy9 II-72
FuelCell Energy Bags USDOE Funding for SECA Program II-72
Ballard Power Systems Receives New Orders for Fuel Cell Power
Generation Systems II-72
Ballard and Anglo American Platinum Reach Next Phase in their
Product Development Agreement II-72
Fuji Electric to Sell its Industrial Fuel Cells in Europe II-72
FuelCell Energy Acquires MTU Onsite Energy II-72
FuelCell Energy Solutions Sells its First Stationary Fuel Cell
Power Plant II-72
SFC Energy Inks Cooperation Agreement with Rittal II-73
Viessmann Group Takes Over 50% Stake in Hexis II-73
TROPICAL Receives Order from ASPATE II-73
FuelCell Energy and POSCO Energy Sign Licensing Agreement II-73
Dantherm Power Deploys Fuel Cell Systems for Idea Cellular II-73
Arcola Energy of the UK forms Exclusive Partnership with
Horizon Fuel Cell Technologies II-73

7. FOCUS ON SELECT PLAYERS II-74
Acumentrics Corp. (US) II-74
AFC Energy PLC (UK) II-74
Air Liquide (France) II-74
Apollo Energy Systems Inc. (US) II-75
Areva Group (France) II-75
Ballard Power Systems Inc. (Canada) II-76
Bloom Energy Corporation (US) II-76
Ceramic Fuel Cells Ltd. (Australia) II-76
Ceres Power Holdings Plc (UK) II-77
ClearEdge Power Inc. (US) II-77
Fuel Cell Energy Inc. (US) II-77
Horizon Fuel Cell Technologies Pte. Ltd. (Singapore) II-78
Hydrogenics Corporation (Canada) II-78
ITM Power Plc (UK) II-79
Lilliputian Systems Inc. (US) II-79
Mitsubishi Heavy Industries Ltd. (Japan) II-79
Neah Power Systems, Inc. (US) II-80
Nuvera Fuel Cells Inc. (US) II-80
Plug Power Inc. (US) II-80
ReliOn Inc. (US) II-80
Palcan Energy Corporation (Canada) II-81
Proton OnSite (US) II-81
Protonex Technology Corp. (US) II-81
RWE AG (Germany) II-82
SFC Smart Fuel Cell AG (Germany) II-82
Siemens Industry, Inc. (US) II-82
SiGNa Chemistry Inc. (US) II-82
Teledyne Energy Systems Inc. (US) II-83
UltraCell LLC (US) II-83

8. GLOBAL MARKET PERSPECTIVE II-84
Table 8: World Recent Past, Current and Future Analysis for Fuel
Cells by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific and Rest of World Markets Independently Analyzed
with Annual Sales in US$ Thousand for the Years 2013 through
2020 (includes corresponding Graph/Chart) II-84

Table 9: World Historic Review for Fuel Cells by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific and Rest of
World Markets Independently Analyzed with Annual Sales in US$
Thousand for the Years 2006 through 2012 (includes
corresponding Graph/Chart) II-85

Table 10: World 15-Year Perspective for Fuel Cells by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific and Rest of World
Markets for the Years 2006, 2014 and 2020 (includes
corresponding Graph/Chart) II-86

Table 11: World Recent Past, Current and Future Analysis for
Phosphoric Acid Fuel Cells by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific and Rest of World Markets
Independently Analyzed with Annual Sales in US$ Thousand for
the Years 2013 through 2020 (includes corresponding
Graph/Chart) II-87

Table 12: World Historic Review for Phosphoric Acid Fuel Cells
by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
and Rest of World Markets Independently Analyzed with Annual
Sales in US$ Thousand for the Years 2006 through 2012
(includes corresponding Graph/Chart) II-88

Table 13: World 15-Year Perspective for Phosphoric Acid Fuel
Cells by Geographic Region - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific and Rest of
World Markets for the Years 2006, 2014 and 2020 (includes
corresponding Graph/Chart) II-89

Table 14: World Recent Past, Current and Future Analysis for
Molten Carbonate Fuel Cells by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific and Rest of World Markets
Independently Analyzed with Annual Sales in US$ Thousand for
the Years 2013 through 2020 (includes corresponding
Graph/Chart) II-90

Table 15: World Historic Review for Molten Carbonate Fuel
Cells by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific and Rest of World Markets Independently Analyzed
with Annual Sales in US$ Thousand for the Years 2006 through
2012 (includes corresponding Graph/Chart) II-91

Table 16: World 15-Year Perspective for Molten Carbonate Fuel
Cells by Geographic Region - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific and Rest of
World Markets for the Years 2006, 2014 and 2020 (includes
corresponding Graph/Chart) II-92

Table 17: World Recent Past, Current and Future Analysis for
Alkaline Fuel Cells by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific and Rest of World Markets Independently
Analyzed with Annual Sales in US$ Thousand for the Years 2013
through 2020 (includes corresponding Graph/Chart) II-93

Table 18: World Historic Review for Alkaline Fuel Cells by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
and Rest of World Markets Independently Analyzed with Annual
Sales in US$ Thousand for the Years 2006 through 2012
(includes corresponding Graph/Chart) II-94

Table 19: World 15-Year Perspective for Alkaline Fuel Cells by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific and Rest of World
Markets for the Years 2006, 2014 and 2020 (includes
corresponding Graph/Chart) II-95

Table 20: World Recent Past, Current and Future Analysis for
Solid Oxide Fuel Cells by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific and Rest of World Markets
Independently Analyzed with Annual Sales in US$ Thousand for
the Years 2013 through 2020 (includes corresponding
Graph/Chart) II-96

Table 21: World Historic Review for Solid Oxide Fuel Cells by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
and Rest of World Markets Independently Analyzed with Annual
Sales in US$ Thousand for the Years 2006 through 2012
(includes corresponding Graph/Chart) II-97

Table 22: World 15-Year Perspective for Solid Oxide Fuel Cells
by Geographic Region - Percentage Breakdown of Dollar Sales
for US, Canada, Japan, Europe, Asia-Pacific and Rest of World
Markets for the Years 2006, 2014 and 2020 (includes
corresponding Graph/Chart) II-98

Table 23: World Recent Past, Current and Future Analysis for
Proton Exchange Membrane Fuel Cells by Geographic Region - US,
Canada, Japan, Europe, Asia-Pacific and Rest of World Markets
Independently Analyzed with Annual Sales in US$ Thousand for
the Years 2013 through 2020 (includes corresponding
Graph/Chart) II-99

Table 24: World Historic Review for Proton Exchange Membrane
Fuel Cells by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific and Rest of World Markets Independently Analyzed
with Annual Sales in US$ Thousand for the Years 2006 through
2012 (includes corresponding Graph/Chart) II-100

Table 25: World 15-Year Perspective for Proton Exchange
Membrane Fuel Cells by Geographic Region - Percentage
Breakdown of Dollar Sales for US, Canada, Japan, Europe,
Asia-Pacific and Rest of World Markets for the Years 2006,
2014 and 2020 (includes corresponding Graph/Chart) II-101

Table 26: World Recent Past, Current and Future Analysis for
Other Fuel Cells by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific and Rest of World Markets Independently
Analyzed with Annual Sales in US$ Thousand for the Years 2013
through 2020 (includes corresponding Graph/Chart) II-102

Table 27: World Historic Review for Other Fuel Cells by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
and Rest of World Markets Independently Analyzed with Annual
Sales in US$ Thousand for the Years 2006 through 2012
(includes corresponding Graph/Chart) II-103

Table 28: World 15-Year Perspective for Other Fuel Cells by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific and Rest of World
Markets for the Years 2006, 2014 and 2020 (includes
corresponding Graph/Chart) II-104


III. MARKET

1. THE UNITED STATES III-1
A.Market Analysis III-1
Outlook III-1
Global Companies Seek the Support of US-based Fuel Cells
Manufacturers III-2
Trends and Issues III-2
Small Fuel Cell Sector Solidifies Presence in Market III-2
Fuel Cells: The American Advantage III-3
Table 29: US Fuel Cell Market (2013): Percentage Share
Breakdown of Key End-Use Sectors - Military/Space,
Portable Electronics, Power Generation, Transportation and
Others (includes corresponding Graph/Chart) III-4
Residential Sector Drives Stationary Fuel Cell Industry III-4
Automotive Applications: Still Far Away III-4
Innovation in Mobile Technology Fuels Micro Cell Advancement III-4
Distributed Power and Cogeneration Promise Opportunities III-5
Alternate Energy Sources Gain Attention III-5
Growth Factors III-5
Market Constraints III-6
Research Scenario III-6
Government Initiatives III-6
Overview III-6
Role in Promoting a Hydrogen Economy III-7
Energy Policy Act III-7
Renewable Portfolio Standards III-7
FreedomCAR Program III-7
FreedomFuel Program III-7
Solid State Energy Conversion Alliance III-7
Programs at State Level III-8
Initiatives in Select US States III-8
California III-8
Texas and Ohio III-8
Michigan III-8
Key Statistical Data III-9
Table 30: US Fuel Cells Market (2012): Deployment of Fuel
Cell Forklifts by Select Company (includes corresponding
Graph/Chart) III-9

Table 31: US Fuel Cells Market (2012): Installed Stationary
Fuel Cell Power Capacity by Select Company (includes
corresponding Graph/Chart) III-9
Product Launches III-9
Strategic Corporate Developments III-11
Key Players III-15
B.Market Analytics III-20
Table 32: US Recent Past, Current and Future Analysis for Fuel
Cells by Cell Type - Phosphoric Acid Fuel Cells, Molten
Carbonate Fuel Cells, Alkaline Fuel Cells, Solid Oxide Fuel
Cells, Proton Exchange Membrane Fuel Cells, and Other Fuel
Cells Markets Independently Analyzed with Annual Sales in
US$ Thousand for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-20

Table 33: US Historic Review for Fuel Cells by Cell Type -
Phosphoric Acid Fuel Cells, Molten Carbonate Fuel Cells,
Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton Exchange
Membrane Fuel Cells, and Other Fuel Cells Markets
Independently Analyzed with Annual Sales in US$ Thousand for
Years 2006 through 2012 (includes corresponding Graph/Chart) III-21

Table 34: US 15-Year Perspective for Fuel Cells by Cell Type
- Percentage Breakdown of Dollar Sales for Phosphoric Acid
Fuel Cells, Molten Carbonate Fuel Cells, Alkaline Fuel
Cells, Solid Oxide Fuel Cells, Proton Exchange Membrane Fuel
Cells, and Other Fuel Cells Markets for Years 2006, 2014 and
2020 (includes corresponding Graph/Chart) III-22

2. CANADA III-23
A.Market Analysis III-23
Outlook III-23
Overview III-23
Future Potential for Canadian Fuel Cell Technologies III-23
Market Activity III-24
Fuel Cell Programs III-24
Government Programs III-25
Product Launches III-25
Strategic Corporate Developments III-25
Focus on Select Players III-26
B.Market Analytics III-28
Table 35: Canadian Recent Past, Current and Future Analysis
for Fuel Cells by Cell Type - Phosphoric Acid Fuel Cells,
Molten Carbonate Fuel Cells, Alkaline Fuel Cells, Solid
Oxide Fuel Cells, Proton Exchange Membrane Fuel Cells, and
Other Fuel Cells Markets Independently Analyzed with Annual
Sales in US$ Thousand for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-28

Table 36: Canadian Historic Review for Fuel Cells by Cell
Type - Phosphoric Acid Fuel Cells, Molten Carbonate Fuel
Cells, Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton
Exchange Membrane Fuel Cells, and Other Fuel Cells Markets
Independently Analyzed with Annual Sales in US$ Thousand for
Years 2006 through 2012 (includes corresponding Graph/Chart) III-29

Table 37: Canadian 15-Year Perspective for Fuel Cells by
Cell Type - Percentage Breakdown of Dollar Sales for
Phosphoric Acid Fuel Cells, Molten Carbonate Fuel Cells,
Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton Exchange
Membrane Fuel Cells, and Other Fuel Cells Markets for Years
2006, 2014 and 2020 (includes corresponding Graph/Chart) III-30

3. JAPAN III-31
A.Market Analysis III-31
Outlook III-31
Fuel Cells: A Promising Market III-31
Households Offer Huge Growth for Fuel Cells III-32
Oil and Gas Companies in the Cogeneration Fray III-32
Increased Lifetime at Reduced Costs to Be the Goals III-32
Fuel Cells Ideal for Advanced Military Applications III-32
Mobile Applications to Fuel Growth III-33
Challenges Ahead for the Developers to Deliver Quality Products III-33
Future Potential III-33
Fuel Cell Vehicles III-33
Stationary Cogeneration III-34
Cost Constraints III-34
Product Launches III-34
Strategic Corporate Developments III-35
Mitsubishi Heavy Industries Ltd. - A Key Japanese Player III-36
B.Market Analytics III-37
Table 38: Japanese Recent Past, Current and Future Analysis
for Fuel Cells by Cell Type - Phosphoric Acid Fuel Cells,
Molten Carbonate Fuel Cells, Alkaline Fuel Cells, Solid
Oxide Fuel Cells, Proton Exchange Membrane Fuel Cells, and
Other Fuel Cells Markets Independently Analyzed with Annual
Sales in US$ Thousand for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-37

Table 39: Japanese Historic Review for Fuel Cells by Cell
Type - Phosphoric Acid Fuel Cells, Molten Carbonate Fuel
Cells, Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton
Exchange Membrane Fuel Cells, and Other Fuel Cells Markets
Independently Analyzed with Annual Sales in US$ Thousand for
Years 2006 through 2012 (includes corresponding Graph/Chart) III-38

Table 40: Japanese 15-Year Perspective for Fuel Cells by
Cell Type - Percentage Breakdown of Dollar Sales for
Phosphoric Acid Fuel Cells, Molten Carbonate Fuel Cells,
Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton Exchange
Membrane Fuel Cells, and Other Fuel Cells Markets for Years
2006, 2014 and 2020 (includes corresponding Graph/Chart) III-39

4. EUROPE III-40
A.Market Analysis III-40
Outlook III-40
Overview III-40
The European Fuel Cell Market Scenario III-40
The Future prospects of Fuel Cells III-41
Renewable Energy Sector III-41
Research Programs III-42
B.Market Analytics III-43
Table 41: European Recent Past, Current and Future Analysis
for Fuel Cells by Geographic Region - France, Germany,
Italy, UK, Spain, Russia and Rest of Europe Markets
Independently Analyzed with Annual Sales in US$ Thousand for
Years 2013 through 2020 (includes corresponding Graph/Chart) III-43

Table 42: European Historic Review for Fuel Cells by
Geographic Region - France, Germany, Italy, UK, Spain,
Russia and Rest of Europe Markets Independently Analyzed
with Annual Sales in US$ Thousand for Years 2006 through
2012 (includes corresponding Graph/Chart) III-44

Table 43: European Recent Past, Current and Future Analysis
for Fuel Cells by Cell Type - Phosphoric Acid Fuel Cells,
Molten Carbonate Fuel Cells, Alkaline Fuel Cells, Solid
Oxide Fuel Cells, Proton Exchange Membrane Fuel Cells, and
Other Fuel Cells Markets Independently Analyzed with Annual
Sales in US$ Thousand for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-45

Table 44: European Historic Review for Fuel Cells by Cell
Type - Phosphoric Acid Fuel Cells, Molten Carbonate Fuel
Cells, Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton
Exchange Membrane Fuel Cells, and Other Fuel Cells Markets
Independently Analyzed with Annual Sales in US$ Thousand for
Years 2006 through 2012 (includes corresponding Graph/Chart) III-46

Table 45: European 15-Year Perspective for Fuel Cells by
Geographic Region - Percentage Breakdown of Dollar Sales for
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
Markets for Years 2006, 2014 and 2020 (includes corresponding
Graph/Chart) III-47

Table 46: European 15-Year Perspective for Fuel Cells by
Cell Type - Percentage Breakdown of Dollar Sales for
Phosphoric Acid Fuel Cells, Molten Carbonate Fuel Cells,
Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton Exchange
Membrane Fuel Cells, and Other Fuel Cells Markets for Years
2006, 2014 and 2020 (includes corresponding Graph/Chart) III-48

4a. FRANCE III-49
A.Market Analysis III-49
Outlook III-49
Strategic Corporate Development III-49
Key Players III-49
B.Market Analytics III-51
Table 47: French Recent Past, Current and Future Analysis for
Fuel Cells by Cell Type - Phosphoric Acid Fuel Cells, Molten
Carbonate Fuel Cells, Alkaline Fuel Cells, Solid Oxide Fuel
Cells, Proton Exchange Membrane Fuel Cells, and Other Fuel
Cells Markets Independently Analyzed with Annual Sales in
US$ Thousand for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-51

Table 48: French Historic Review for Fuel Cells by Cell Type
- Phosphoric Acid Fuel Cells, Molten Carbonate Fuel Cells,
Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton Exchange
Membrane Fuel Cells, and Other Fuel Cells Markets
Independently Analyzed with Annual Sales in US$ Thousand for
Years 2006 through 2012 (includes corresponding Graph/Chart) III-52

Table 49: French 15-Year Perspective for Fuel Cells by Cell
Type - Percentage Breakdown of Dollar Sales for Phosphoric
Acid Fuel Cells, Molten Carbonate Fuel Cells, Alkaline Fuel
Cells, Solid Oxide Fuel Cells, Proton Exchange Membrane Fuel
Cells, and Other Fuel Cells Markets for Years 2006, 2014 and
2020 (includes corresponding Graph/Chart) III-53

4b. GERMANY III-54
A.Market Analysis III-54
Outlook III-54
German Fuel Cell Industry Overview III-54
The Legal Framework III-54
Research and Development III-54
Opportunities III-54
Future Potential III-54
Table 50: Fuel Cell Market in Germany by Application Area
(2015)- Power Generation, Transportation, Portable
Electronics, Industrial Stationary and Other Applications
(includes corresponding Graph/Chart) III-55
Primary Fuel Cell Programs III-55
Fuel Cell Programs in the Public Sector III-55
Fuel Cell Programs of Federal Players III-55
Product Launches III-55
Strategic Corporate Developments III-56
Key Players III-57
B.Market Analytics III-58
Table 51: German Recent Past, Current and Future Analysis for
Fuel Cells by Cell Type - Phosphoric Acid Fuel Cells, Molten
Carbonate Fuel Cells, Alkaline Fuel Cells, Solid Oxide Fuel
Cells, Proton Exchange Membrane Fuel Cells, and Other Fuel
Cells Markets Independently Analyzed with Annual Sales in
US$ Thousand for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-58

Table 52: German Historic Review for Fuel Cells by Cell Type-
Phosphoric Acid Fuel Cells, Molten Carbonate Fuel Cells,
Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton Exchange
Membrane Fuel Cells, and Other Fuel Cells Markets
Independently Analyzed with Annual Sales in US$ Thousand for
Years 2006 through 2012 (includes corresponding Graph/Chart) III-59

Table 53: German 15-Year Perspective for Fuel Cells by Cell
Type - Percentage Breakdown of Dollar Sales for Phosphoric
Acid Fuel Cells, Molten Carbonate Fuel Cells, Alkaline Fuel
Cells, Solid Oxide Fuel Cells, Proton Exchange Membrane Fuel
Cells, and Other Fuel Cells Markets for Years 2006, 2014 and
2020 (includes corresponding Graph/Chart) III-60

4c. ITALY III-61
Market Analysis III-61
Table 54: Italian Recent Past, Current and Future Analysis for
Fuel Cells by Cell Type - Phosphoric Acid Fuel Cells, Molten
Carbonate Fuel Cells, Alkaline Fuel Cells, Solid Oxide Fuel
Cells, Proton Exchange Membrane Fuel Cells, and Other Fuel
Cells Markets Independently Analyzed with Annual Sales in
US$ Thousand for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-61

Table 55: Italian Historic Review for Fuel Cells by Cell
Type - Phosphoric Acid Fuel Cells, Molten Carbonate Fuel
Cells, Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton
Exchange Membrane Fuel Cells, and Other Fuel Cells Markets
Independently Analyzed with Annual Sales in US$ Thousand for
Years 2006 through 2012 (includes corresponding Graph/Chart) III-62

Table 56: Italian 15-Year Perspective for Fuel Cells by Cell
Type - Percentage Breakdown of Dollar Sales for Phosphoric
Acid Fuel Cells, Molten Carbonate Fuel Cells, Alkaline Fuel
Cells, Solid Oxide Fuel Cells, Proton Exchange Membrane Fuel
Cells, and Other Fuel Cells Markets for Years 2006, 2014 and
2020 (includes corresponding Graph/Chart) III-63

4d. THE UNITED KINGDOM III-64
A.Market Analysis III-64
Outlook III-64
Fuel Cell Sector in UK to Witness Significant Growth III-64
UK to See Growth in FCEVs Fleet III-64
Government Initiatives III-64
Strategic Corporate Development III-65
Key Players III-65
B.Market Analytics III-67
Table 57: UK Recent Past, Current and Future Analysis for Fuel
Cells by Cell Type - Phosphoric Acid Fuel Cells, Molten
Carbonate Fuel Cells, Alkaline Fuel Cells, Solid Oxide Fuel
Cells, Proton Exchange Membrane Fuel Cells, and Other Fuel
Cells Markets Independently Analyzed with Annual Sales in
US$ Thousand for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-67

Table 58: UK Historic Review for Fuel Cells by Cell Type -
Phosphoric Acid Fuel Cells, Molten Carbonate Fuel Cells,
Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton Exchange
Membrane Fuel Cells, and Other Fuel Cells Markets
Independently Analyzed with Annual Sales in US$ Thousand for
Years 2006 through 2012 (includes corresponding Graph/Chart) III-68

Table 59: UK 15-Year Perspective for Fuel Cells by Cell Type-
Percentage Breakdown of Dollar Sales for Phosphoric Acid
Fuel Cells, Molten Carbonate Fuel Cells, Alkaline Fuel
Cells, Solid Oxide Fuel Cells, Proton Exchange Membrane Fuel
Cells, and Other Fuel Cells Markets for Years 2006, 2014 and
2020 (includes corresponding Graph/Chart) III-69

4e. SPAIN III-70
Market Analysis III-70
Table 60: Spanish Recent Past, Current and Future Analysis for
Fuel Cells by Cell Type - Phosphoric Acid Fuel Cells, Molten
Carbonate Fuel Cells, Alkaline Fuel Cells, Solid Oxide Fuel
Cells, Proton Exchange Membrane Fuel Cells, and Other Fuel
Cells Markets Independently Analyzed with Annual Sales in
US$ Thousand for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-70

Table 61: Spanish Historic Review for Fuel Cells by Cell
Type - Phosphoric Acid Fuel Cells, Molten Carbonate Fuel
Cells, Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton
Exchange Membrane Fuel Cells, and Other Fuel Cells Markets
Independently Analyzed with Annual Sales in US$ Thousand for
Years 2006 through 2012 (includes corresponding Graph/Chart) III-71

Table 62: Spanish 15-Year Perspective for Fuel Cells by Cell
Type - Percentage Breakdown of Dollar Sales for Phosphoric
Acid Fuel Cells, Molten Carbonate Fuel Cells, Alkaline Fuel
Cells, Solid Oxide Fuel Cells, Proton Exchange Membrane Fuel
Cells, and Other Fuel Cells Markets for Years 2006, 2014 and
2020 (includes corresponding Graph/Chart) III-72

4f. RUSSIA III-73
A.Market Analysis III-73
Outlook III-73
Overview III-73
B.Market Analytics III-74
Table 63: Russian Recent Past, Current and Future Analysis for
Fuel Cells by Cell Type - Phosphoric Acid Fuel Cells, Molten
Carbonate Fuel Cells, Alkaline Fuel Cells, Solid Oxide Fuel
Cells, Proton Exchange Membrane Fuel Cells, and Other Fuel
Cells Markets Independently Analyzed with Annual Sales in
US$ Thousand for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-74

Table 64: Russian Historic Review for Fuel Cells by Cell
Type - Phosphoric Acid Fuel Cells, Molten Carbonate Fuel
Cells, Alkaline Fuel Cells, Solid Oxide Fuel Cells, Proton
Exchange Membrane Fuel Cells, and Other Fuel Cells Markets
Independently Analyzed with Annual Sales in US$ Thousand for
Years 2006 through 2012 (includes corresponding Graph/Chart) III-75

Table 65: Russian 15-Year Perspective for Fuel Cells by Cell
Type - Percentage Breakdown of Dollar Sales for Phosphoric
Acid Fuel Cells, Molten Carbonate Fuel Cells, Alkaline Fuel
Cells, Solid Oxide Fuel Cells, Proton Exchange Membrane Fuel
Cells, and Other Fuel Cells Markets for Years 2006, 2014 and
2020 (includes corresponding Graph/Chart) III-76

4g. REST OF EUROPE III-77
A.Market Analysis III-77
Outlook III-77
Development of Fuel Cell and Hydrogen Technology in Finland III-77
Product Launches III-78
Strategic Corporate Developments III-78
B.Market Analytics III-80
Table 66: Rest of Europe Recent Past, Current and Future
Analysis for Fuel Cells by Cell Type - Phosphoric Acid Fuel
Cells, Molten Carbonate Fuel Cells, Alkaline Fuel Cells,
Solid Oxide Fuel Cells, Proton Exchange Membrane Fuel Cells,
and Other Fuel Cells Markets Independently Analyzed with
Annual Sales in US$ Thousand for Years 2013 through 2020
(includes corresponding Graph/Chart) III-80

Table 67: Rest of Europe Historic Review for Fuel Cells by
Cell Type - Phosphoric Acid Fuel Cells, Molten Carbonate
Fuel Cells, Alkaline Fuel Cells, Solid Oxide Fuel Cells,
Proton Exchange Membrane Fuel Cells, and Other Fuel Cells
Markets Independently Analyzed with Annual Sales in US$
Thousand for Years 2006 through 2012 (includes corresponding
Graph/Chart) III-81

Table 68: Rest of Europe 15-Year Perspec

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Fuel Cell Market Analysis By Product (PEMFC, PAFC, SOFC, MCFC), By Application (Stationary, Transportation, Portable) And Segment Forecast, 2014 - 2025

Fuel Cell Market Analysis By Product (PEMFC, PAFC, SOFC, MCFC), By Application (Stationary, Transportation, Portable) And Segment Forecast, 2014 - 2025

  • $ 4950
  • Industry report
  • November 2016
  • by Grand View Research

The global fuel cell market is expected to reach USD 24.81 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for unconventional energy sources is one of the key factors ...

Fuel Cell Electric Vehicles 2015-2030: Land, Water, Air

Fuel Cell Electric Vehicles 2015-2030: Land, Water, Air

  • $ 5012
  • Industry report
  • November 2016
  • by IDTechEx Ltd

Technologies, markets and forecasts for PEM, hydrogen and fuel cell hybrids Vehicle fuel cells usually act as range extenders for fast refuelling time and range vs battery electric powertrains the alternative ...

Solid Oxide Fuel Cell - Global Market Outlook (2016-2022)

Solid Oxide Fuel Cell - Global Market Outlook (2016-2022)

  • $ 4157
  • Industry report
  • January 2017
  • by Stratistics MRC

According to Stratistics MRC, the Global Solid Oxide Fuel Cell Market is valued at $2.6 billion in 2015 and is expected to reach $4.9 billion by 2022 growing at a CAGR of 9.4% from 2015 to 2022. A Solid ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.