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NORTH AMERICA FUEL CELL MARKET FORECAST 2020-2028

NORTH AMERICA FUEL CELL MARKET FORECAST 2020-2028

  • January 2020
  • 102 pages
  • ID: 5304110
  • Format: PDF
  • Inkwood Research

Summary

Table of Contents

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

Companies mentioned
1. AFC ENERGY PLC
2. AISIN SEIKI CO. LTD
3. BALLARD POWER SYSTEMS INC.
4. BLOOM ENERGY CORPORATION
5. CERES POWER HOLDINGS PLC
6. EXXON MOBIL CORPORATION
7. FUEL CELL ENERGY, INC
8. GENERAL ELECTRIC COMPANY (GE)
9. HITACHI, LTD
10. HYDROGENICS CORPORATION
11. PANASONIC CORPORATION
12. PLUG POWER INC.
13. SFC ENERGY AG
14. TOSHIBA CORPORATION
15. TOYOTA MOTOR CORPORATION

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