In compact fuel cells, gas diffusion layers are able to ensure that hydrogen (as an energy carrier) and oxygen (as a reactant) are distributed across the polymer electrolyte membrane (PEM) as evenly as possible. The global Fuel Cell market is valued at 5051.3 million US$ in 2020 is expected to reach 37980 million US$ by the end of 2026.
This report contains market size and forecasts of Compact Fuel Cell in global, including the following market information:
Global Compact Fuel Cell Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Compact Fuel Cell Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Compact Fuel Cell companies in 2021 (%)
The global Compact Fuel Cell market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
PEMFCs Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Compact Fuel Cell include Freudenberg Sealing Technologies, Ballard Power System, Ceramic Fuel Cells Limited, FuelCell Energy, Hydrogenics Corporation, AFC Energy PLC, Bloom Energy, Ceres Power Holdings PLC and Doosan Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Compact Fuel Cell manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Compact Fuel Cell Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Compact Fuel Cell Market Segment Percentages, by Type, 2021 (%)
PEMFCs
SOFC
MCFC
DMFC
Global Compact Fuel Cell Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Compact Fuel Cell Market Segment Percentages, by Application, 2021 (%)
Transport
Stationary Power
Portable Power
Global Compact Fuel Cell Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Compact Fuel Cell Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Compact Fuel Cell revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Compact Fuel Cell revenues share in global market, 2021 (%)
Key companies Compact Fuel Cell sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Compact Fuel Cell sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Freudenberg Sealing Technologies
Ballard Power System
Ceramic Fuel Cells Limited
FuelCell Energy
Hydrogenics Corporation
AFC Energy PLC
Bloom Energy
Ceres Power Holdings PLC
Doosan Corporation
Plug Power
POSCO Energy
Horizon Fuel Cell Technologies
Quantum Fuel Systems Technologies
Panasonic Corporation
Toshiba Fuel Cell Power Systems