Military Fuel Cells Market Size, Trends, Shares, and Forecast - 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Military Fuel Cells Market covers analysis By Type (PEMFC (Proton Exchange Membrane), PAFC (Phosphoric acid fuel cell), SOFC (Solid Oxide Fuel Cells), MCFC (Molten Carbonate Fuel Cells), Others); System (Compressor, Heat Exchanger, Pumps, Controller, Others); Platform (Airborne, Ground) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Sep 2025
  • Report Code : TIPRE00019765
  • Category : Aerospace and Defense
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

MARKET OVERVIEW



The application of advanced power supply system is increasing with a significant rise in advanced military equipment and weapon developments. The growth in the modern military vehicles and weapons market will ultimately drive the growth for fuel cell technologies. A fuel cell is an electrochemical cell which converts the chemical energy of the fuel (often hydrogen) and the oxidizing agent (often oxygen) into electricity through a pair of redox reactions. The major potential application for the fuel cells in military are hybrid electric vehicles and man-portable power. In addition, the rising demand for UAVs in military operations has created significant demand for the fuel cells. Companies such as General Motors (GM) defense, Bloom Energy, and Cummins Inc., among others are strongly developing the technology meeting customers demand.

MARKET SCOPE



The "Global Military Fuel Cells Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Military fuel cells market with detailed market segmentation by UAV type, battery type, and geography. The report provides key statistics on the market status of the leading Military fuel cells market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION



  •   On the basis of UAV type, the market is segmented as Low-Altitude Long Endurance (LALE), Medium-Altitude Long Endurance (MALE), High-Altitude Long Endurance (HALE).
  •   On the basis of battery type, the market is segmented as fuel cell, lithium-ion, nickel cadmium, and lithium polymer.


MARKET DYNAMICS


Drivers:



  •   Recent advancements in technologies and the growing adoption of UAV in military operations drives the market growth.
  •   The increasing R&D investment for the development of wearable power systems to soldier's have boosted the market growth.

Restraints:



  •   High initial investment costs and lack of supporting hydrogen delivery infrastructure may restrain the growth of the military fuel cells market.


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 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Military fuel cells 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 Porter's Five Forces analysis, highlighting the factors affecting the Military fuel cells market in these regions

IMPACT OF COVID-19 ON MILITARY FUEL CELLS MARKET



The COVID - 19 pandemic has a negative impact on the growth of aerospace, defense, and military industries. Military fuel cell market also witnessed significant loss due to lower production activities and less investment in the new technology development. However, the fuel cell production started to recover with re-opening production facilities, which enhanced the market growth. Also, increasing investment by various governments to strengthen and advance the military vehicles and forces is bolstering the market growth. Thus, the market has minimal impact of COVID - 19 in year 2021, while from year 2021 market can expect promising growth with rising demand for advanced technology from military industry.

MARKET PLAYERS



The report covers key developments in the Military fuel cells market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals 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. The market payers from Military fuel cells market are anticipated to lucrative growth opportunities in the future with the rising demand for Military fuel cells in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Military fuel cells 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.

  •   Advent Technologies
  •   AFC Energy PLC
  •   Ballard Power Systems.
  •   Bloom Energy
  •   Cummins Inc.,
  •   Doosan Fuel Cell Co., Ltd.
  •   MITSUBISHI HEAVY INDUSTRIES, LTD.
  •   PLUG POWER INC.
  •   SFC Energy AG
  •   TW Horizon Fuel Cell Technologies

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.

Military Fuel Cells Report Scope

Report Attribute Details
Market size in 2024 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) XX%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Type
  • PEMFC
  • PAFC
  • SOFC
  • MCFC
By System
  • Compressor
  • Heat Exchanger
  • Pumps
  • Controller
By Platform
  • Airborne
  • Ground
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Advent Technologies
  • AFC Energy PLC
  • Ballard Power Systems.
  • Bloom Energy
  • Cummins Inc.,
  • Doosan Fuel Cell Co., Ltd.
  • MITSUBISHI HEAVY INDUSTRIES, LTD.
  • PLUG POWER INC.
  • SFC Energy AG
  • Naveen Chittaragi
    Naveen Chittaragi
    Associate Vice President,
    Market Research & Consulting

    Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

    Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

    Testimonials

    Reason to Buy

    • Informed Decision-Making
    • Understanding Market Dynamics
    • Competitive Analysis
    • Identifying Emerging Markets
    • Customer Insights
    • Market Forecasts
    • Risk Mitigation
    • Boosting Operational Efficiency
    • Strategic Planning
    • Investment Justification
    • Tracking Industry Innovations
    • Aligning with Regulatory Trends
    Your Key Concerns Addressed - Question & Answer
    Can I view a sample of the report before purchasing?

    Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.

    Is analyst support included with the purchase?

    Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.

    What are the next steps once I place an order?

    Once your order is successfully placed, you will receive a confirmation email along with your invoice.

    • For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
    • For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.

    Can the report be tailored to suit my specific needs?

    We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.

    In what format is the report delivered?

    The report is available in either PDF format or as an Excel dataset, depending on the license you choose.

    The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
    Please review the license options at checkout or contact us to confirm which formats are included with your purchase.

    How secure is the payment process on your platform?

    Our payment process is fully secure and PCI-DSS compliant.

    We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
    You can make your purchase with confidence, knowing your personal and financial information is safe with us.

    Do you provide special pricing for buying multiple reports?

    Yes, we do offer special pricing for bulk purchases.
    If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.

    Can I connect with your team to discuss the report before buying?

    Yes, absolutely.
    Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.

    Will I get a billing invoice upon purchase?

    Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
    If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.

    Is there support available if I can’t access my report?

    Yes, certainly.
    If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.

    Our Clients
    The List of Companies

    1.Advent Technologies
    2.AFC Energy PLC
    3.Ballard Power Systems.
    4.Bloom Energy
    5.Cummins Inc.,
    6.Doosan Fuel Cell Co., Ltd.
    7.MITSUBISHI HEAVY INDUSTRIES, LTD.
    8.PLUG POWER INC.
    9.SFC Energy AG
    10.TW Horizon Fuel Cell Technologies
    Sales Assistance
    US: +1-646-491-9876
    UK: +44-20-8125-4005
    Email: sales@theinsightpartners.com
    Chat with us
    DUNS Logo
    87-673-9708
    ISO Certified Logo
    ISO 9001:2015
    ISO Certified Logo