燃料電池の世界市場レポート 2025年

燃料電池の市場規模は、今後数年で飛躍的な成長が見込まれます。2029年にはCAGR27.1％で220億6,000万米ドルに成長します。予測期間の成長は、低公害車需要の増加、輸送の電動化の進展、水素インフラ開発、データセンターの台頭などに起因します。予測期間における主な動向としては、材料科学の進歩、エネルギー貯蔵の統合、マイクログリッドの統合、燃料電池技術の革新、パートナーシップとコラボレーションなどが挙げられます。

燃料電池市場の成長を牽引するのは、温室効果ガス排出削減への注目の高まりです。温室効果ガスは、地球表面から放射される赤外線を吸収・再放射し、気候変動の一因となっています。気候変動と闘うための取り組みとして、燃料電池自動車（FCV）は、スモッグ関連ガスや温室効果ガスをテールパイプから排出しないゼロ・エミッション車として脚光を浴びています。オランダ政府のデータによると、気候法では、2030年までに温室効果ガス排出量を49％削減し、2050年までに95％削減するなどの野心的な目標を掲げています。このように温室効果ガス排出量の削減が重視されるようになることは、燃料電池市場の成長にとって重要な促進要因となります。

燃料電池市場の成長は、研究開発（R&D）活動への注目の高まりによって支えられると予想されます。特に固体電池の研究開発活動は、革新的でコスト効率の高い電池ソリューションを提供する上で極めて重要な役割を果たしています。研究開発イニシアチブを原動力とする燃料電池技術の進歩は、従来の化石燃料に代わる実行可能で持続可能なものとして位置づけられています。注目すべき例として、日本の自動車メーカーである日産自動車が、2022年4月にラミネート型全固体電池セルのプロトタイプ生産設備を発表し、2028年までに市場に投入する計画を立てていることが挙げられます。この戦略的な動きは、「日産アンビション2030」構想の下、2028年度までに全固体電池を自社開発するという日産のビジョンに沿ったものです。研究開発活動への注力の高まりは、燃料電池市場の成長に大きく貢献すると予想されます。

目次

第1章 エグゼクティブサマリー

第2章 市場の特徴

第3章 市場動向と戦略

第4章 市場-金利、インフレ、地政学、コロナ禍、回復が市場に与える影響を含むマクロ経済シナリオ

第5章 世界成長分析と戦略分析フレームワーク

• 世界の燃料電池 PESTEL分析（政治、社会、技術、環境、法的要因、促進要因、抑制要因）
• 最終用途産業の分析
• 世界の燃料電池市場成長率分析
• 世界の燃料電池市場の実績：規模と成長, 2019-2024
• 世界の燃料電池市場の予測：規模と成長, 2024-2029, 2034F
• 世界の燃料電池総アドレス可能市場（TAM）

第6章 市場セグメンテーション

• 世界の燃料電池市場：タイプ別、実績と予測, 2019-2024, 2024-2029F, 2034F
• 高分子電解質膜燃料電池（PEM）
• 溶融炭酸塩燃料電池（MCFC）
• リン酸燃料電池（PAFC）
• 固体酸化物燃料電池（SOFC）
• 直接メタノール燃料電池（DMFC）
• その他のタイプ
• 世界の燃料電池市場：用途別、実績と予測, 2019-2024, 2024-2029F, 2034F
• ポータブル
• 据置型
• 輸送
• 世界の燃料電池市場：エンドユーザー別、実績と予測, 2019-2024, 2024-2029F, 2034F
• 商業・産業用
• データセンター
• 輸送機関
• 軍事と防衛
• 公共事業と政府
• その他のエンドユーザー
• 世界の燃料電池市場：高分子電解質膜燃料電池（PEM）のサブセグメンテーション、タイプ別、実績と予測, 2019-2024, 2024-2029F, 2034F
• 低温PEM
• 高温PEM
• 世界の燃料電池市場：溶融炭酸塩燃料電池（MCFC）のサブセグメンテーション、タイプ別、実績と予測, 2019-2024, 2024-2029F, 2034F
• 大規模MCFC
• 小規模MCFC
• 世界の燃料電池市場：リン酸燃料電池（PAFC）のサブセグメンテーション、タイプ別、実績と予測, 2019-2024, 2024-2029F, 2034F
• 据置型PAFC
• モバイルPAFC
• 世界の燃料電池市場：固体酸化物燃料電池（SOFC）のサブセグメンテーション、タイプ別、実績と予測, 2019-2024, 2024-2029F, 2034F
• 平面型SOFC
• 管状SOFC
• 世界の燃料電池市場：直接メタノール燃料電池（DMFC）のサブセグメンテーション、タイプ別、実績と予測, 2019-2024, 2024-2029F, 2034F
• ポータブルDMFC
• 据置型DMFC
• 世界の燃料電池市場：その他のタイプのサブセグメンテーション、タイプ別、実績と予測, 2019-2024, 2024-2029F, 2034F
• アルカリ燃料電池（AFC）
• 改質型燃料電池
• ハイブリッド燃料電池

第7章 地域別・国別分析

• 世界の燃料電池市場：地域別、実績と予測, 2019-2024, 2024-2029F, 2034F
• 世界の燃料電池市場：国別、実績と予測, 2019-2024, 2024-2029F, 2034F

第8章 アジア太平洋市場

第9章 中国市場

第10章 インド市場

第11章 日本市場

第12章 オーストラリア市場

第13章 インドネシア市場

第14章 韓国市場

第15章 西欧市場

第16章 英国市場

第17章 ドイツ市場

第18章 フランス市場

第19章 イタリア市場

第20章 スペイン市場

第21章 東欧市場

第22章 ロシア市場

第23章 北米市場

第24章 米国市場

第25章 カナダ市場

第26章 南米市場

第27章 ブラジル市場

第28章 中東市場

第29章 アフリカ市場

第30章 競合情勢と企業プロファイル

• 燃料電池市場：競合情勢
• 燃料電池市場：企業プロファイル
  • Ballard Power Systems Inc. Overview, Products and Services, Strategy and Financial Analysis
  • Proton Motor Fuel Cell GmbH Overview, Products and Services, Strategy and Financial Analysis
  • AFC Energy PLC. Overview, Products and Services, Strategy and Financial Analysis
  • FuelCell Energy Inc. Overview, Products and Services, Strategy and Financial Analysis
  • SFC Energy AG Overview, Products and Services, Strategy and Financial Analysis

第31章 その他の大手企業と革新的企業

• Pragma Industries SAS
• Cummins Inc.
• Horizon Fuel Cell Technologies Pte Ltd.
• Nuvera Fuel Cells LLC
• Doosan Fuel Cell America Inc.
• Solidpower S.p.A.
• Convion Oy
• Hydrogenics Corporation
• Panasonic Corporation
• Plug Power Inc.
• Toshiba Corporation
• Nedstack Fuel Cell Technology BV
• Bloom Energy Corporation
• Intelligent Energy Holdings PLC
• Ceres Power Holdings PLC

第32章 世界市場競合ベンチマーキングとダッシュボード

第33章 主要な合併と買収

第34章 市場の最近の動向

第35章 市場の潜在力が高い国、セグメント、戦略

• 燃料電池市場2029年-最も新しい機会を提供する国
• 燃料電池市場2029年-最も新しい機会を提供するセグメント
• 燃料電池市場2029年-成長戦略
  • 市場動向に基づく戦略
  • 競合の戦略

第36章 付録

Fuel cells utilize the chemical energy of hydrogen or other fuels to generate electricity through electrochemical reactions. Reactants are consistently supplied to the electrodes from a reservoir. Fuel cells exhibit versatility in potential applications, capable of using a broad range of fuels and feedstocks, providing power for systems ranging from utility power stations to small devices like laptop computers.

The primary types of fuel cells include polymer electrolyte membrane fuel cells (PEM), molten carbonate fuel cells (MCFC), phosphoric acid fuel cells (PAFC), solid oxide fuel cells (SOFC), direct methanol fuel cells (DMFC), and others. Polymer electrolyte membrane fuel cells, also known as proton exchange membrane fuel cells, utilize hydrogen as fuel, operating at relatively low temperatures and adapting quickly to varying power demands. They find applications in portable, stationary, and transport systems. Fuel cells cater to diverse end-users such as commercial and industrial sectors, data centers, transportation, military and defense, utilities, and government entities, among others. Their adaptability and efficiency make them applicable across a wide spectrum of industries and use cases.

The fuel cell market research report is one of a series of new reports from The Business Research Company that provides fuel cell market statistics, including fuel cell industry global market size, regional shares, competitors with a fuel cell market share, detailed fuel cell market segments, market trends and opportunities, and any further data you may need to thrive in the fuel cell industry. This fuel cell market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The fuel cell market size has grown exponentially in recent years. It will grow from $6.56 billion in 2024 to $8.45 billion in 2025 at a compound annual growth rate (CAGR) of 28.8%. The growth in the historic period can be attributed to government subsidies and incentives, environmental regulations, global energy demand, grid modernization, economic growth.

The fuel cell market size is expected to see exponential growth in the next few years. It will grow to $22.06 billion in 2029 at a compound annual growth rate (CAGR) of 27.1%. The growth in the forecast period can be attributed to rising demand for low-emission vehicles, rising electrification of transport, hydrogen infrastructure development, rising data centers. Major trends in the forecast period include advancements in material science, energy storage integration, microgrid integration, innovation in fuel cell technologies, partnership and collaboration.

The anticipated increase in focus on reducing greenhouse gas emissions is set to drive the growth of the fuel cell market. Greenhouse gases, which absorb and re-radiate infrared radiation emitted from the Earth's surface, contribute to climate change. In alignment with efforts to combat climate change, fuel cell vehicles (FCVs) are gaining prominence as zero-emission vehicles with no tailpipe emissions of smog-related or greenhouse gases. As per data from the government of the Netherlands, the Climate Act outlines ambitious targets, including a 49% reduction in greenhouse gas emissions by 2030 and a substantial 95% reduction by 2050. This increasing emphasis on reducing greenhouse gas emissions is poised to be a significant driver for the growth of the fuel cell market.

The growth of the fuel cell market is expected to be supported by the increasing focus on research and development (R&D) activities. R&D activities, particularly in solid-state batteries, play a pivotal role in delivering innovative and cost-effective battery solutions. The advancement of fuel cell technology, driven by research and development initiatives, positions it as a viable and sustainable alternative to traditional fossil fuels. A noteworthy example is Nissan, a Japanese automobile manufacturer, unveiling a prototype production facility for laminated all-solid-state battery cells in April 2022, with plans to bring them to market by 2028. This strategic move aligns with Nissan's vision to develop all-solid-state batteries in-house by fiscal 2028 under the Nissan Ambition 2030 initiative. The growing focus on R&D activities is expected to contribute significantly to the growth of the fuel cell market.

Strategic partnerships and collaborations have become a prominent trend in the fuel cell market. Leading companies in the fuel cell sector are actively seeking alliances to bolster their positions. For example, in April 2022, Alstom, a France-based developer and marketer of transport systems, teamed up with Engie SA to create renewable hydrogen logistics and refueling solutions for a fuel cell system designed to power electric locomotives on non-electrified segments of the railway network. Engie SA is an electric utility company based in France.

Prominent companies in the fructose market are actively engaged in the development of innovative products, exemplified by initiatives such as the Cell Pack Stationary, a methanol fuel cell-based power generator. This innovative solution is specifically tailored for the telecommunications industry, addressing the need for reliable power sources to keep global communication networks operational. An example of this is the launch in February 2023 by Blue World Technologies, a Denmark-based developer and manufacturer of methanol fuel cell components and systems, of the next-generation methanol fuel cell system known as the Cell Pack Stationary. Available in 5-, 10-, or 15-kW configurations, this system is versatile and can be installed as a backup, supplemental, or primary power source, catering to the diverse needs of customers in the telecommunications industry.

In a strategic move in October 2022, Zero Avia, a US-based manufacturer specializing in hydrogen fuel cells for aviation powertrains, acquired Hy Point Inc. This acquisition, executed for an undisclosed amount, enhances Zero Avia's expertise in creating comprehensive powertrains for hydrogen-electric flight. The acquisition specifically incorporates cutting-edge high-temperature fuel cell technology from Hy Point Inc., providing a promising avenue to increase the power output and energy density of aviation fuel cell powertrains. Hy Point Inc., as a US-based manufacturer, specializes in producing hydrogen fuel cell systems tailored for the aviation industry. This strategic acquisition reinforces Zero Avia's commitment to advancing hydrogen fuel cell technology for aviation applications.

Major companies operating in the fuel cell market include Ballard Power Systems Inc., Proton Motor Fuel Cell GmbH, AFC Energy PLC., FuelCell Energy Inc., SFC Energy AG, Pragma Industries SAS, Cummins Inc., Horizon Fuel Cell Technologies Pte Ltd., Nuvera Fuel Cells LLC, Doosan Fuel Cell America Inc., Solidpower S.p.A., Convion Oy, Hydrogenics Corporation, Panasonic Corporation, Plug Power Inc., Toshiba Corporation, Nedstack Fuel Cell Technology BV, Bloom Energy Corporation, Intelligent Energy Holdings PLC, Ceres Power Holdings PLC, Altergy Systems Inc., Ceramic Fuel Cells Limited, ClearEdge Power Inc., Elcore GmbH, GenCell Energy, H2 Logic A/S, ITM Power PLC, Jadoo Power Systems Inc., MyFC AB

Asia-Pacific was the largest region in the fuel cells market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this fuel cells market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the fuel cell market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The fuel cell market consists of sales of reversible fuel cells and alkaline fuel cells. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Fuel Cell Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on fuel cell market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for fuel cell ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The fuel cell market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Type: Polymer Electrolyte Membrane Fuel Cells (PEM); Molten Carbonate Fuel Cells (MCFC); Phosphoric Acid Fuel Cells (PAFC); Solid Oxide Fuel Cells (SOFC); Direct Methanol Fuel Cells (DMFC); Other Types
• 2) By Application: Portable; Stationary; Transport
• 3) By End User: Commercial and Industrial; Data Centers; Transportation; Military and Defense; Utilities and Government; Other End Users
• Subsegments:
• 1) By Polymer Electrolyte Membrane Fuel Cells (PEM): Low-Temperature PEM; High-Temperature PEM
• 2) By Molten Carbonate Fuel Cells (MCFC): Large-Scale MCFC; Small-Scale MCFC
• 3) By Phosphoric Acid Fuel Cells (PAFC): Stationary PAFC; Mobile PAFC
• 4) By Solid Oxide Fuel Cells (SOFC): Planar SOFC; Tubular SOFC
• 5) By Direct Methanol Fuel Cells (DMFC): Portable DMFC; Stationary DMFC
• 6) By Other Types: Alkaline Fuel Cells (AFC); Reformed Fuel Cells; Hybrid Fuel Cells.
• Companies Mentioned: Ballard Power Systems Inc.; Proton Motor Fuel Cell GmbH; AFC Energy PLC.; FuelCell Energy Inc.; SFC Energy AG
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.

Table of Contents

1. Executive Summary

2. Fuel Cell Market Characteristics

3. Fuel Cell Market Trends And Strategies

4. Fuel Cell Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Fuel Cell Growth Analysis And Strategic Analysis Framework

• 5.1. Global Fuel Cell PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
• 5.2. Analysis Of End Use Industries
• 5.3. Global Fuel Cell Market Growth Rate Analysis
• 5.4. Global Fuel Cell Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
• 5.5. Global Fuel Cell Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
• 5.6. Global Fuel Cell Total Addressable Market (TAM)

6. Fuel Cell Market Segmentation

• 6.1. Global Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Polymer Electrolyte Membrane Fuel Cells (PEM)
• Molten Carbonate Fuel Cells (MCFC)
• Phosphoric Acid Fuel Cells (PAFC)
• Solid Oxide Fuel Cells (SOFC)
• Direct Methanol Fuel Cells (DMFC)
• Other Types
• 6.2. Global Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Portable
• Stationary
• Transport
• 6.3. Global Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Commercial and Industrial
• Data Centres
• Transportation
• Military and Defense
• Utiilities and Government
• Other End Users
• 6.4. Global Fuel Cell Market, Sub-Segmentation Of Polymer Electrolyte Membrane Fuel Cells (PEM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Low-Temperature PEM
• High-Temperature PEM
• 6.5. Global Fuel Cell Market, Sub-Segmentation Of Molten Carbonate Fuel Cells (MCFC), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Large-Scale MCFC
• Small-Scale MCFC
• 6.6. Global Fuel Cell Market, Sub-Segmentation Of Phosphoric Acid Fuel Cells (PAFC), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Stationary PAFC
• Mobile PAFC
• 6.7. Global Fuel Cell Market, Sub-Segmentation Of Solid Oxide Fuel Cells (SOFC), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Planar SOFC
• Tubular SOFC
• 6.8. Global Fuel Cell Market, Sub-Segmentation Of Direct Methanol Fuel Cells (DMFC), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Portable DMFC
• Stationary DMFC
• 6.9. Global Fuel Cell Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Alkaline Fuel Cells (AFC)
• Reformed Fuel Cells
• Hybrid Fuel Cells

7. Fuel Cell Market Regional And Country Analysis

• 7.1. Global Fuel Cell Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 7.2. Global Fuel Cell Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Fuel Cell Market

• 8.1. Asia-Pacific Fuel Cell Market Overview
• Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
• 8.2. Asia-Pacific Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 8.3. Asia-Pacific Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 8.4. Asia-Pacific Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Fuel Cell Market

• 9.1. China Fuel Cell Market Overview
• 9.2. China Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
• 9.3. China Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
• 9.4. China Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Fuel Cell Market

• 10.1. India Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 10.2. India Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 10.3. India Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Fuel Cell Market

• 11.1. Japan Fuel Cell Market Overview
• 11.2. Japan Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 11.3. Japan Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 11.4. Japan Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Fuel Cell Market

• 12.1. Australia Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 12.2. Australia Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 12.3. Australia Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Fuel Cell Market

• 13.1. Indonesia Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 13.2. Indonesia Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 13.3. Indonesia Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Fuel Cell Market

• 14.1. South Korea Fuel Cell Market Overview
• 14.2. South Korea Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 14.3. South Korea Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 14.4. South Korea Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Fuel Cell Market

• 15.1. Western Europe Fuel Cell Market Overview
• 15.2. Western Europe Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 15.3. Western Europe Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 15.4. Western Europe Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Fuel Cell Market

• 16.1. UK Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 16.2. UK Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 16.3. UK Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Fuel Cell Market

• 17.1. Germany Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 17.2. Germany Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 17.3. Germany Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Fuel Cell Market

• 18.1. France Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 18.2. France Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 18.3. France Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Fuel Cell Market

• 19.1. Italy Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 19.2. Italy Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 19.3. Italy Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Fuel Cell Market

• 20.1. Spain Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 20.2. Spain Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 20.3. Spain Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Fuel Cell Market

• 21.1. Eastern Europe Fuel Cell Market Overview
• 21.2. Eastern Europe Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 21.3. Eastern Europe Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 21.4. Eastern Europe Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Fuel Cell Market

• 22.1. Russia Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 22.2. Russia Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 22.3. Russia Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Fuel Cell Market

• 23.1. North America Fuel Cell Market Overview
• 23.2. North America Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 23.3. North America Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 23.4. North America Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Fuel Cell Market

• 24.1. USA Fuel Cell Market Overview
• 24.2. USA Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 24.3. USA Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 24.4. USA Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Fuel Cell Market

• 25.1. Canada Fuel Cell Market Overview
• 25.2. Canada Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 25.3. Canada Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 25.4. Canada Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Fuel Cell Market

• 26.1. South America Fuel Cell Market Overview
• 26.2. South America Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 26.3. South America Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 26.4. South America Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Fuel Cell Market

• 27.1. Brazil Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 27.2. Brazil Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 27.3. Brazil Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Fuel Cell Market

• 28.1. Middle East Fuel Cell Market Overview
• 28.2. Middle East Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 28.3. Middle East Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 28.4. Middle East Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Fuel Cell Market

• 29.1. Africa Fuel Cell Market Overview
• 29.2. Africa Fuel Cell Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 29.3. Africa Fuel Cell Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 29.4. Africa Fuel Cell Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Fuel Cell Market Competitive Landscape And Company Profiles

• 30.1. Fuel Cell Market Competitive Landscape
• 30.2. Fuel Cell Market Company Profiles
  • 30.2.1. Ballard Power Systems Inc. Overview, Products and Services, Strategy and Financial Analysis
  • 30.2.2. Proton Motor Fuel Cell GmbH Overview, Products and Services, Strategy and Financial Analysis
  • 30.2.3. AFC Energy PLC. Overview, Products and Services, Strategy and Financial Analysis
  • 30.2.4. FuelCell Energy Inc. Overview, Products and Services, Strategy and Financial Analysis
  • 30.2.5. SFC Energy AG Overview, Products and Services, Strategy and Financial Analysis

31. Fuel Cell Market Other Major And Innovative Companies

• 31.1. Pragma Industries SAS
• 31.2. Cummins Inc.
• 31.3. Horizon Fuel Cell Technologies Pte Ltd.
• 31.4. Nuvera Fuel Cells LLC
• 31.5. Doosan Fuel Cell America Inc.
• 31.6. Solidpower S.p.A.
• 31.7. Convion Oy
• 31.8. Hydrogenics Corporation
• 31.9. Panasonic Corporation
• 31.10. Plug Power Inc.
• 31.11. Toshiba Corporation
• 31.12. Nedstack Fuel Cell Technology BV
• 31.13. Bloom Energy Corporation
• 31.14. Intelligent Energy Holdings PLC
• 31.15. Ceres Power Holdings PLC

32. Global Fuel Cell Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Fuel Cell Market

34. Recent Developments In The Fuel Cell Market

35. Fuel Cell Market High Potential Countries, Segments and Strategies

• 35.1 Fuel Cell Market In 2029 - Countries Offering Most New Opportunities
• 35.2 Fuel Cell Market In 2029 - Segments Offering Most New Opportunities
• 35.3 Fuel Cell Market In 2029 - Growth Strategies
  • 35.3.1 Market Trend Based Strategies
  • 35.3.2 Competitor Strategies

36. Appendix

• 36.1. Abbreviations
• 36.2. Currencies
• 36.3. Historic And Forecast Inflation Rates
• 36.4. Research Inquiries
• 36.5. The Business Research Company
• 36.6. Copyright And Disclaimer