Market Overview:
The global fuel cell for data center market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for data centers across the globe and rising concerns over energy security and climate change. The proton exchange membrane fuel cell (PEMFC) segment is expected to account for the largest share of the global fuel cell for data center market in 2018. This can be attributed to its high efficiency, low emissions, and long life span. The solid oxide fuel cell (SOFC) segment is projected to grow at the highest CAGR during the forecast period owing to its high efficiency and ability to operate on a wide range of fuels including natural gas, biogas, hydrogen, propane, diesel oil etc. In terms of application, telecommunications industry is expected to account for the largest share of the global fuel cell for data center market in 2018. This can be attributed due rising demand from developing countries such as China and India coupled with increasing investments in 5G technology by telecom operators worldwide.
Product Definition:
A fuel cell is a device that converts the chemical energy from a fuel into electricity through a chemical reaction with oxygen or another oxidizing agent. Fuel cells are different from batteries in that they require a continuous source of fuel and oxygen to run, whereas batteries store energy until it is needed.
Fuel cells are used extensively in spacecraft and submarines because they can produce electricity for long periods of time without needing to be recharged. They are also starting to be used more widely in civilian applications, such as power generation and backup power systems for data centres.
Proton Exchange Membrane Fuel Cell:
Proton exchange membrane (PEM) fuel cell is a type of fuel cell that uses hydrogen and oxygen as its reactants. The proton exchange membrane acts as an electrolyte, allowing ions to pass through from one side to the other under the influence of an electric field. This technology-based approach has been around for more than two decades and has found wide commercial applications in areas such as water treatment, medical equipment sterilization, power generation for space craft etc.
Solid Oxide Fuel Cell:
Solid oxide fuel cells (SOFC) are a type of fuel cell that uses solid oxide as its working material. The solid oxides used in the SOFCs have an advantage over liquid metal hydride fuels in that they can be manufactured using low cost and easily available materials such as ceramic, glass, plastic and others. Also the operating temperature of these cells is higher than that of LMH which makes them more efficient for use at data centers.
Application Insights:
The telecommunications industry dominated the market accounting for a share of over 30.0% in 2017. The growth can be attributed to increasing demand for fuel cell based power systems in telecom centers, data centers and IT offices across the globe. Rising need to reduce carbon footprint has propelled telecom companies towards adopting renewable energy sources such as solar and wind energy which is further transmitted into an electric grid whereupon fuel cells are used as back-up power sources resulting in growing demand over the forecast period.
Internet service providers (ISP) are also anticipated to contribute significantly towards market growth owing to rising investments by internet service providers globally coupled with rising number of users accessing internet services on a regular basis results into growing requirement of colocation facilities thereby fueling FCDC adoption worldwide.
Regional Analysis:
North America dominated the global fuel cell for data center market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing government initiatives, favorable regulations, presence of key industry players and technological advancements. For instance, in April 2015, Microsoft Corporation installed a hydrogen-based power plant at its data centers in Washington state to reduce carbon footprint and meet energy demand. This initiative was taken by the company as a part of strategy aimed at reducing overall electricity consumption by 20%.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing adoption of renewable energy sources for power generation coupled with growing awareness regarding environment protection.
Growth Factors:
- Increasing demand for data centres: Fuel cells can provide clean and reliable power to data centres, which is critical for their operation. As the world becomes increasingly digitized, the demand for data centres is expected to grow, providing a strong growth driver for the fuel cell market.
- Government incentives: Several governments are offering incentives for installing fuel cells in data centres, such as tax credits and subsidies. This is helping to drive adoption of fuel cells and boost the market growth.
- Rising awareness about benefits of fuel cells: The benefits of using fuel cells in data centres – such as improved efficiency and reduced emissions – are becoming more widely known, which is helping to increase adoption rates.
- Advances in technology: Fuel cell technology is constantly evolving, with new products being developed that offer better performance and lower costs. This will help to spur further growth in the market over the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fuel Cell for Data Centre Market Research Report
By Type
Proton Exchange Membrane Fuel Cell, Solid Oxide Fuel Cell, Molten Carbonate, Phosphoric Acid Fuel Cell, Other
By Application
Telecommunications Industry, Internet Service Provider, Company Data Center, Government Agency, Education And Research Institutions, Other
By Companies
FuelCell Energy, Altergy, Bloom Energy, Logan Energy, AFC Energy, Toshiba Fuel Cell Power Systems Corporation, Plug Power, Panasonic, Hydrogenics, Ballard, FuelCell Energy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Fuel Cell for Data Centre Market Report Segments:
The global Fuel Cell for Data Centre market is segmented on the basis of:
Types
Proton Exchange Membrane Fuel Cell, Solid Oxide Fuel Cell, Molten Carbonate, Phosphoric Acid Fuel Cell, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Telecommunications Industry, Internet Service Provider, Company Data Center, Government Agency, Education And Research Institutions, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FuelCell Energy
- Altergy
- Bloom Energy
- Logan Energy
- AFC Energy
- Toshiba Fuel Cell Power Systems Corporation
- Plug Power
- Panasonic
- Hydrogenics
- Ballard
- FuelCell Energy
Highlights of The Fuel Cell for Data Centre Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Proton Exchange Membrane Fuel Cell
- Solid Oxide Fuel Cell
- Molten Carbonate
- Phosphoric Acid Fuel Cell
- Other
- By Application:
- Telecommunications Industry
- Internet Service Provider
- Company Data Center
- Government Agency
- Education And Research Institutions
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fuel Cell for Data Centre Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fuel cell is a device that converts chemical energy into electrical energy. This can be used to power electronic equipment in a data centre.
Some of the major companies in the fuel cell for data centre market are FuelCell Energy, Altergy, Bloom Energy, Logan Energy, AFC Energy, Toshiba Fuel Cell Power Systems Corporation, Plug Power, Panasonic, Hydrogenics, Ballard, FuelCell Energy.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fuel Cell for Data Centre Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fuel Cell for Data Centre Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fuel Cell for Data Centre Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fuel Cell for Data Centre Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fuel Cell for Data Centre Market Size & Forecast, 2018-2028
4.5.1 Fuel Cell for Data Centre Market Size and Y-o-Y Growth
4.5.2 Fuel Cell for Data Centre Market Absolute $ Opportunity
Chapter 5 Global Fuel Cell for Data Centre Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fuel Cell for Data Centre Market Size Forecast by Type
5.2.1 Proton Exchange Membrane Fuel Cell
5.2.2 Solid Oxide Fuel Cell
5.2.3 Molten Carbonate
5.2.4 Phosphoric Acid Fuel Cell
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fuel Cell for Data Centre Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fuel Cell for Data Centre Market Size Forecast by Applications
6.2.1 Telecommunications Industry
6.2.2 Internet Service Provider
6.2.3 Company Data Center
6.2.4 Government Agency
6.2.5 Education And Research Institutions
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fuel Cell for Data Centre Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fuel Cell for Data Centre Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fuel Cell for Data Centre Analysis and Forecast
9.1 Introduction
9.2 North America Fuel Cell for Data Centre Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fuel Cell for Data Centre Market Size Forecast by Type
9.6.1 Proton Exchange Membrane Fuel Cell
9.6.2 Solid Oxide Fuel Cell
9.6.3 Molten Carbonate
9.6.4 Phosphoric Acid Fuel Cell
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fuel Cell for Data Centre Market Size Forecast by Applications
9.10.1 Telecommunications Industry
9.10.2 Internet Service Provider
9.10.3 Company Data Center
9.10.4 Government Agency
9.10.5 Education And Research Institutions
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fuel Cell for Data Centre Analysis and Forecast
10.1 Introduction
10.2 Europe Fuel Cell for Data Centre Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fuel Cell for Data Centre Market Size Forecast by Type
10.6.1 Proton Exchange Membrane Fuel Cell
10.6.2 Solid Oxide Fuel Cell
10.6.3 Molten Carbonate
10.6.4 Phosphoric Acid Fuel Cell
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fuel Cell for Data Centre Market Size Forecast by Applications
10.10.1 Telecommunications Industry
10.10.2 Internet Service Provider
10.10.3 Company Data Center
10.10.4 Government Agency
10.10.5 Education And Research Institutions
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fuel Cell for Data Centre Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fuel Cell for Data Centre Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fuel Cell for Data Centre Market Size Forecast by Type
11.6.1 Proton Exchange Membrane Fuel Cell
11.6.2 Solid Oxide Fuel Cell
11.6.3 Molten Carbonate
11.6.4 Phosphoric Acid Fuel Cell
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fuel Cell for Data Centre Market Size Forecast by Applications
11.10.1 Telecommunications Industry
11.10.2 Internet Service Provider
11.10.3 Company Data Center
11.10.4 Government Agency
11.10.5 Education And Research Institutions
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fuel Cell for Data Centre Analysis and Forecast
12.1 Introduction
12.2 Latin America Fuel Cell for Data Centre Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fuel Cell for Data Centre Market Size Forecast by Type
12.6.1 Proton Exchange Membrane Fuel Cell
12.6.2 Solid Oxide Fuel Cell
12.6.3 Molten Carbonate
12.6.4 Phosphoric Acid Fuel Cell
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fuel Cell for Data Centre Market Size Forecast by Applications
12.10.1 Telecommunications Industry
12.10.2 Internet Service Provider
12.10.3 Company Data Center
12.10.4 Government Agency
12.10.5 Education And Research Institutions
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fuel Cell for Data Centre Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fuel Cell for Data Centre Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fuel Cell for Data Centre Market Size Forecast by Type
13.6.1 Proton Exchange Membrane Fuel Cell
13.6.2 Solid Oxide Fuel Cell
13.6.3 Molten Carbonate
13.6.4 Phosphoric Acid Fuel Cell
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fuel Cell for Data Centre Market Size Forecast by Applications
13.10.1 Telecommunications Industry
13.10.2 Internet Service Provider
13.10.3 Company Data Center
13.10.4 Government Agency
13.10.5 Education And Research Institutions
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fuel Cell for Data Centre Market: Competitive Dashboard
14.2 Global Fuel Cell for Data Centre Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FuelCell Energy
14.3.2 Altergy
14.3.3 Bloom Energy
14.3.4 Logan Energy
14.3.5 AFC Energy
14.3.6 Toshiba Fuel Cell Power Systems Corporation
14.3.7 Plug Power
14.3.8 Panasonic
14.3.9 Hydrogenics
14.3.10 Ballard
14.3.11 FuelCell Energy
