Advanced Fuel Cell Market 2028 By Type, Alkaline, Phosphoric Acid, Molten Carbonate, Others), Application and Geography | The Insight Partners

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Energy and Power Advanced Fuel Cell Market

Advanced Fuel Cell Market to 2028 - Global Analysis and Forecasts by Type (Proton Exchange Membrane Fuel Cells (PEMFC), Alkaline (AFC), Phosphoric Acid (PAFC), Molten Carbonate (MCFC), Others); Application (Transportation, Stationary, Others) and Geography

Report Code: TIPRE00029456 | No. of Pages: 150 | Category: Energy and Power | Status: Upcoming

MARKET OVERVIEW
The global advanced fuel cell market include surge in environmental concerns, in government initiatives for development of hydrogen based advanced fuel cell infrastructure, technological advancement and future potential are the prominent factors attributed to the growth of advanced fuel cell market. The rise in concerns of environment degradation and depletion of natural resources, various technologies are being launched in the market that support the eco-friendly concept to sustain the environment. Moreover, increase in awareness toward the consequences of air pollution and rise in levels of traffic & greenhouse gas emission drive the adoption of advanced fuel cell vehicles which is further fueling the market growth.

MARKET SCOPE
The "Global Advanced Fuel Cell Market Analysis to 2028" is a specialized and in-depth study of the fuel cell with a special focus on the global market trend analysis. The report aims to provide an overview of the advanced fuel cell market with detailed market segmentation by type, application and geography. The report provides key statistics on the market status of the leading advanced fuel cell market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
  • On the basis of type the market is segmented into Proton Exchange Membrane Fuel Cells(PEMFC), Alkaline (AFC), Phosphoric acid (PAFC), Molten carbonate (MCFC), and Others
  • On the basis of application, the market is segmented as Transportation, Stationary, and Others
MARKET DYNAMICS

Drivers
  • The growing demand for clean power generation fuels the market growth
  • Advancements in research & development on fuel cells and government rebates is propelling the market growth
Restraints
  • High initial investments in fueling infrastructure restraint the market growth
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The advanced fuel cell market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the advanced fuel cell market in these regions.

IMPACT OF COVID-19 ON ADVANCED FUEL CELL MARKET
The outbreak of the COVID-19 pandemic has severely impacted the advanced fuel cell market, which resulted decline in the sale of advanced fuel cell in the year 2020. The government bodies played a crucial role in the growth of the market such as funding for research & development of the fuel cells. However, the emergence of the pandemic has shifted the focus from R&D capabilities to develop initiatives for curbing the panmdeic crisis. The pandemic has resulted the lockdown which led to halt the business activities that hampered the market growth. The lockdowns initiated by governments across the globe have resulted in a global economic crisis, which has pushed the automotive industry, to a near-collapse condition, shutting down production facilities. The unavailability in the supply of raw materials from China has resulted in a gap between demand and supply. Besides, the delays caused in the deployment of electrolyzer capacity owing to the canceled or delayed low-carbon production projects have led to revenue losses for the electrolyzer manufacturers, which is also hindering the growth of the market. However, with ease in restrictions and masss vaccination program across the globe from 2022 the demand for fuel cell vehicles is increasing which is likely to rise in coming years which helps propel the growth of market size during the pandemic recovery period.



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MARKET PLAYERS
The report covers key developments in the advanced fuel cell market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as advancement in products, reallocation of resources and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. For instance, in February 2022, Renault Group and Plug Power Inc. entered into a joint venture with formation of HYVIA to work on low-carbon mobility and hydrogen fuel cells. The market players in the advanced fuel cell market are anticipated to provide lucrative growth opportunities in the future owing to rise in demand from renewable energy sources.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the advanced fuel cell market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
  • Plug Power Inc.
  • Ballard Power Systems
  • NUVERA FUEL CELLS, LLC,
  • Panasonic Corporation
  • Nedstack Fuel Cell Technology BV
  • Shanghai Shenli Technology Co., Ltd
  • Altergy
  • TW Horizon Fuel Cell Technologies
  • Sunrise Power Co., Ltd
  • Vision Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  


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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Advanced Fuel Cell Market - By Type
1.3.2 Advanced Fuel Cell Market - By Application
1.3.3 Advanced Fuel Cell Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. ADVANCED FUEL CELL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. ADVANCED FUEL CELL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. ADVANCED FUEL CELL MARKET - GLOBAL MARKET ANALYSIS
6.1. ADVANCED FUEL CELL - GLOBAL MARKET OVERVIEW
6.2. ADVANCED FUEL CELL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING

7. ADVANCED FUEL CELL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. PROTON EXCHANGE MEMBRANE FUEL CELLS (PEMFC)
7.3.1. Overview
7.3.2. Proton Exchange Membrane Fuel Cells (PEMFC) Market Forecast and Analysis
7.4. ALKALINE (AFC)
7.4.1. Overview
7.4.2. Alkaline (AFC) Market Forecast and Analysis
7.5. PHOSPHORIC ACID (PAFC)
7.5.1. Overview
7.5.2. Phosphoric Acid (PAFC) Market Forecast and Analysis
7.6. MOLTEN CARBONATE (MCFC)
7.6.1. Overview
7.6.2. Molten Carbonate (MCFC) Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis

8. ADVANCED FUEL CELL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. TRANSPORTATION
8.3.1. Overview
8.3.2. Transportation Market Forecast and Analysis
8.4. STATIONARY
8.4.1. Overview
8.4.2. Stationary Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis

9. ADVANCED FUEL CELL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Advanced Fuel Cell Market Overview
9.1.2 North America Advanced Fuel Cell Market Forecasts and Analysis
9.1.3 North America Advanced Fuel Cell Market Forecasts and Analysis - By Type
9.1.4 North America Advanced Fuel Cell Market Forecasts and Analysis - By Application
9.1.5 North America Advanced Fuel Cell Market Forecasts and Analysis - By Countries
9.1.5.1 United States Advanced Fuel Cell Market
9.1.5.1.1 United States Advanced Fuel Cell Market by Type
9.1.5.1.2 United States Advanced Fuel Cell Market by Application
9.1.5.2 Canada Advanced Fuel Cell Market
9.1.5.2.1 Canada Advanced Fuel Cell Market by Type
9.1.5.2.2 Canada Advanced Fuel Cell Market by Application
9.1.5.3 Mexico Advanced Fuel Cell Market
9.1.5.3.1 Mexico Advanced Fuel Cell Market by Type
9.1.5.3.2 Mexico Advanced Fuel Cell Market by Application
9.2. EUROPE
9.2.1 Europe Advanced Fuel Cell Market Overview
9.2.2 Europe Advanced Fuel Cell Market Forecasts and Analysis
9.2.3 Europe Advanced Fuel Cell Market Forecasts and Analysis - By Type
9.2.4 Europe Advanced Fuel Cell Market Forecasts and Analysis - By Application
9.2.5 Europe Advanced Fuel Cell Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Advanced Fuel Cell Market
9.2.5.1.1 Germany Advanced Fuel Cell Market by Type
9.2.5.1.2 Germany Advanced Fuel Cell Market by Application
9.2.5.2 France Advanced Fuel Cell Market
9.2.5.2.1 France Advanced Fuel Cell Market by Type
9.2.5.2.2 France Advanced Fuel Cell Market by Application
9.2.5.3 Italy Advanced Fuel Cell Market
9.2.5.3.1 Italy Advanced Fuel Cell Market by Type
9.2.5.3.2 Italy Advanced Fuel Cell Market by Application
9.2.5.4 United Kingdom Advanced Fuel Cell Market
9.2.5.4.1 United Kingdom Advanced Fuel Cell Market by Type
9.2.5.4.2 United Kingdom Advanced Fuel Cell Market by Application
9.2.5.5 Russia Advanced Fuel Cell Market
9.2.5.5.1 Russia Advanced Fuel Cell Market by Type
9.2.5.5.2 Russia Advanced Fuel Cell Market by Application
9.2.5.6 Rest of Europe Advanced Fuel Cell Market
9.2.5.6.1 Rest of Europe Advanced Fuel Cell Market by Type
9.2.5.6.2 Rest of Europe Advanced Fuel Cell Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Advanced Fuel Cell Market Overview
9.3.2 Asia-Pacific Advanced Fuel Cell Market Forecasts and Analysis
9.3.3 Asia-Pacific Advanced Fuel Cell Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Advanced Fuel Cell Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Advanced Fuel Cell Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Advanced Fuel Cell Market
9.3.5.1.1 Australia Advanced Fuel Cell Market by Type
9.3.5.1.2 Australia Advanced Fuel Cell Market by Application
9.3.5.2 China Advanced Fuel Cell Market
9.3.5.2.1 China Advanced Fuel Cell Market by Type
9.3.5.2.2 China Advanced Fuel Cell Market by Application
9.3.5.3 India Advanced Fuel Cell Market
9.3.5.3.1 India Advanced Fuel Cell Market by Type
9.3.5.3.2 India Advanced Fuel Cell Market by Application
9.3.5.4 Japan Advanced Fuel Cell Market
9.3.5.4.1 Japan Advanced Fuel Cell Market by Type
9.3.5.4.2 Japan Advanced Fuel Cell Market by Application
9.3.5.5 South Korea Advanced Fuel Cell Market
9.3.5.5.1 South Korea Advanced Fuel Cell Market by Type
9.3.5.5.2 South Korea Advanced Fuel Cell Market by Application
9.3.5.6 Rest of Asia-Pacific Advanced Fuel Cell Market
9.3.5.6.1 Rest of Asia-Pacific Advanced Fuel Cell Market by Type
9.3.5.6.2 Rest of Asia-Pacific Advanced Fuel Cell Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Advanced Fuel Cell Market Overview
9.4.2 Middle East and Africa Advanced Fuel Cell Market Forecasts and Analysis
9.4.3 Middle East and Africa Advanced Fuel Cell Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Advanced Fuel Cell Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Advanced Fuel Cell Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Advanced Fuel Cell Market
9.4.5.1.1 South Africa Advanced Fuel Cell Market by Type
9.4.5.1.2 South Africa Advanced Fuel Cell Market by Application
9.4.5.2 Saudi Arabia Advanced Fuel Cell Market
9.4.5.2.1 Saudi Arabia Advanced Fuel Cell Market by Type
9.4.5.2.2 Saudi Arabia Advanced Fuel Cell Market by Application
9.4.5.3 U.A.E Advanced Fuel Cell Market
9.4.5.3.1 U.A.E Advanced Fuel Cell Market by Type
9.4.5.3.2 U.A.E Advanced Fuel Cell Market by Application
9.4.5.4 Rest of Middle East and Africa Advanced Fuel Cell Market
9.4.5.4.1 Rest of Middle East and Africa Advanced Fuel Cell Market by Type
9.4.5.4.2 Rest of Middle East and Africa Advanced Fuel Cell Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Advanced Fuel Cell Market Overview
9.5.2 South and Central America Advanced Fuel Cell Market Forecasts and Analysis
9.5.3 South and Central America Advanced Fuel Cell Market Forecasts and Analysis - By Type
9.5.4 South and Central America Advanced Fuel Cell Market Forecasts and Analysis - By Application
9.5.5 South and Central America Advanced Fuel Cell Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Advanced Fuel Cell Market
9.5.5.1.1 Brazil Advanced Fuel Cell Market by Type
9.5.5.1.2 Brazil Advanced Fuel Cell Market by Application
9.5.5.2 Argentina Advanced Fuel Cell Market
9.5.5.2.1 Argentina Advanced Fuel Cell Market by Type
9.5.5.2.2 Argentina Advanced Fuel Cell Market by Application
9.5.5.3 Rest of South and Central America Advanced Fuel Cell Market
9.5.5.3.1 Rest of South and Central America Advanced Fuel Cell Market by Type
9.5.5.3.2 Rest of South and Central America Advanced Fuel Cell Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. ADVANCED FUEL CELL MARKET, KEY COMPANY PROFILES
11.1. PLUG POWER INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BALLARD POWER SYSTEMS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. NUVERA FUEL CELLS, LLC,
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. PANASONIC CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. NEDSTACK FUEL CELL TECHNOLOGY BV
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SHANGHAI SHENLI TECHNOLOGY CO., LTD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ALTERGY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TW HORIZON FUEL CELL TECHNOLOGIES
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SUNRISE POWER CO., LTD
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VISION GROUP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS

The List Of Companies

  1. Plug Power Inc.
  2. Ballard Power Systems
  3. NUVERA FUEL CELLS, LLC,
  4. Panasonic Corporation
  5. Nedstack Fuel Cell Technology BV
  6. Shanghai Shenli Technology Co., Ltd
  7. Altergy
  8. TW Horizon Fuel Cell Technologies
  9. Sunrise Power Co., Ltd
  10. Vision Group
TIPRE00029456
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