Market Overview:
The global fuel cell range extender 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 fuel cell range extenders in public transportation, municipal vehicles, logistics and commercial vehicles, airport vehicles, offshore energy solutions and on board auxiliary power supply applications. In addition, the growing awareness about the benefits of fuel cells is also contributing to the growth of this market. However, high initial cost and lack of infrastructure are some of the major factors restraining the growth of this market.
Product Definition:
A fuel cell range extender is a device that helps to increase the operational range of a fuel cell powered vehicle. This is important because it allows the vehicle to travel further without needing to refuel, which can be difficult or inconvenient in certain situations.
5-40 KW:
5-40 KW is the range of fuel cell power output. It was developed by Japan's Ministry of International Trade and Industry (MITI) in consultation with the Japanese Petroleum Institute (JPI). The purpose of this rating system is to provide a convenient method for classifying fuel cell systems based on their operating range.
40-50 KW:
40-50 KW is the power output of fuel cell range extender. It is used to extend the distance between fuel cells and engine by using hydrogen produced from water electrolysis. The main advantage of this system over conventional systems is that 40-50 KW range extender can be used with any type of fuels such as natural gas, biogas, propane or diesel oil; whereas conventional systems are limited to use only with hydrogen.
Application Insights:
The market is segmented based on application into public transportation, municipal vehicles, logistics and commercial vehicles, airport vehicles, offshore energy solutions and on-board auxiliary power supply. The public transportation segment dominated the global fuel cell range extender market in 2017 owing to the growing demand for clean fuels from various governments across the world. Growing emphasis towards reducing greenhouse gas emissions has resulted in increased funding for research & development activities pertaining to hydrogen as an alternative fuel for conventional diesel engines. This factor is anticipated to drive growth over the forecast period.
Municipal vehicle was another prominent application area of FCRX as they are widely used in urban areas due to their ability to operate autonomously without human intervention or control from remote locations such as airports or seaports which further enhances their demand globally over the forecast period.
Regional Analysis:
North America dominated the global fuel cell range extender market in 2016 and is expected to continue its dominance over the forecast period. The region has a well-established power generation sector, which is anticipated to increase in demand forFCR ESSs over the forecast period. Favorable government policies and mandates supporting FCr technology are also expected to drive regional growth. For instance, California Air Resources Board (CARB) mandate requires that all new passenger cars sold in California must have zero emission capability using only battery power or other clean energy sources with a maximum output of at least 1 kilowatt hour per mile by 2018’s model year.
Asia Pacific market for fuel cell range extender is estimated to witness significant growth during the forecast period owing to increasing investments from private as well as public sectors towards deployment of renewable energy infrastructure such as solar panels.
Growth Factors:
- Increasing demand for fuel cell range extenders from the automotive sector on account of stringent emission norms and the need for alternative fuel sources
- Growing demand for fuel cell range extenders in unmanned aerial vehicles (UAVs) and other portable applications
- Rising investments in research and development (R&D) activities to develop advanced fuel cell technologies
- Proliferation of hybrid and electric vehicles that require efficient power sources to increase their driving range
- Government initiatives to promote the use of clean energy technologies, which is likely to boost the growth of the global fuel cell range extender market
Scope Of The Report
Report Attributes
Report Details
Report Title
Fuel Cell Range Extender Market Research Report
By Type
5-40 KW, 40-50 KW
By Application
Public Transportation, Municipal Vehicles, Logistics And Commercial Vehicles, Airport Vehicles, Offshore Energy Solutions, On Board Auxiliary Power Supply
By Companies
Loop Energy, FEV Europe GmbH, Symbio Fcell, Proton Motor Fuel Cell GmbH, Horizon Fuel Cell Technologies, Plug Power, PowerCell Sweden, MAHLE GmbH, Rheinmetall Automotive
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Fuel Cell Range Extender Market Report Segments:
The global Fuel Cell Range Extender market is segmented on the basis of:
Types
5-40 KW, 40-50 KW
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
Public Transportation, Municipal Vehicles, Logistics And Commercial Vehicles, Airport Vehicles, Offshore Energy Solutions, On Board Auxiliary Power Supply
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:
- Loop Energy
- FEV Europe GmbH
- Symbio Fcell
- Proton Motor Fuel Cell GmbH
- Horizon Fuel Cell Technologies
- Plug Power
- PowerCell Sweden
- MAHLE GmbH
- Rheinmetall Automotive
Highlights of The Fuel Cell Range Extender 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:
- 5-40 KW
- 40-50 KW
- By Application:
- Public Transportation
- Municipal Vehicles
- Logistics And Commercial Vehicles
- Airport Vehicles
- Offshore Energy Solutions
- On Board Auxiliary Power Supply
- 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 Range Extender 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:
- Correctly Positioning New 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 range extender is a device that helps extend the range of a fuel cell vehicle. It does this by using an external power source to recharge the battery pack in the fuel cell vehicle.
Some of the major players in the fuel cell range extender market are Loop Energy, FEV Europe GmbH, Symbio Fcell, Proton Motor Fuel Cell GmbH, Horizon Fuel Cell Technologies, Plug Power, PowerCell Sweden, MAHLE GmbH, Rheinmetall Automotive.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fuel Cell Range Extender 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 Range Extender Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fuel Cell Range Extender 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 Range Extender 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 Range Extender Market Size & Forecast, 2018-2028
4.5.1 Fuel Cell Range Extender Market Size and Y-o-Y Growth
4.5.2 Fuel Cell Range Extender Market Absolute $ Opportunity
Chapter 5 Global Fuel Cell Range Extender 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 Range Extender Market Size Forecast by Type
5.2.1 5-40 KW
5.2.2 40-50 KW
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fuel Cell Range Extender 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 Range Extender Market Size Forecast by Applications
6.2.1 Public Transportation
6.2.2 Municipal Vehicles
6.2.3 Logistics And Commercial Vehicles
6.2.4 Airport Vehicles
6.2.5 Offshore Energy Solutions
6.2.6 On Board Auxiliary Power Supply
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fuel Cell Range Extender 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 Range Extender 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 Range Extender Analysis and Forecast
9.1 Introduction
9.2 North America Fuel Cell Range Extender 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 Range Extender Market Size Forecast by Type
9.6.1 5-40 KW
9.6.2 40-50 KW
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 Range Extender Market Size Forecast by Applications
9.10.1 Public Transportation
9.10.2 Municipal Vehicles
9.10.3 Logistics And Commercial Vehicles
9.10.4 Airport Vehicles
9.10.5 Offshore Energy Solutions
9.10.6 On Board Auxiliary Power Supply
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 Range Extender Analysis and Forecast
10.1 Introduction
10.2 Europe Fuel Cell Range Extender 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 Range Extender Market Size Forecast by Type
10.6.1 5-40 KW
10.6.2 40-50 KW
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 Range Extender Market Size Forecast by Applications
10.10.1 Public Transportation
10.10.2 Municipal Vehicles
10.10.3 Logistics And Commercial Vehicles
10.10.4 Airport Vehicles
10.10.5 Offshore Energy Solutions
10.10.6 On Board Auxiliary Power Supply
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 Range Extender Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fuel Cell Range Extender 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 Range Extender Market Size Forecast by Type
11.6.1 5-40 KW
11.6.2 40-50 KW
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 Range Extender Market Size Forecast by Applications
11.10.1 Public Transportation
11.10.2 Municipal Vehicles
11.10.3 Logistics And Commercial Vehicles
11.10.4 Airport Vehicles
11.10.5 Offshore Energy Solutions
11.10.6 On Board Auxiliary Power Supply
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 Range Extender Analysis and Forecast
12.1 Introduction
12.2 Latin America Fuel Cell Range Extender 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 Range Extender Market Size Forecast by Type
12.6.1 5-40 KW
12.6.2 40-50 KW
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 Range Extender Market Size Forecast by Applications
12.10.1 Public Transportation
12.10.2 Municipal Vehicles
12.10.3 Logistics And Commercial Vehicles
12.10.4 Airport Vehicles
12.10.5 Offshore Energy Solutions
12.10.6 On Board Auxiliary Power Supply
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 Range Extender Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fuel Cell Range Extender 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 Range Extender Market Size Forecast by Type
13.6.1 5-40 KW
13.6.2 40-50 KW
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 Range Extender Market Size Forecast by Applications
13.10.1 Public Transportation
13.10.2 Municipal Vehicles
13.10.3 Logistics And Commercial Vehicles
13.10.4 Airport Vehicles
13.10.5 Offshore Energy Solutions
13.10.6 On Board Auxiliary Power Supply
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 Range Extender Market: Competitive Dashboard
14.2 Global Fuel Cell Range Extender Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Loop Energy
14.3.2 FEV Europe GmbH
14.3.3 Symbio Fcell
14.3.4 Proton Motor Fuel Cell GmbH
14.3.5 Horizon Fuel Cell Technologies
14.3.6 Plug Power
14.3.7 PowerCell Sweden
14.3.8 MAHLE GmbH
14.3.9 Rheinmetall Automotive
