Market Overview:
The global stationary fuel cell systems 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 clean and reliable energy sources, rising concerns over climate change, and growing investments in renewable energy technologies. The global stationary fuel cell systems market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into less than 5 kW, 5 kW-250 kW, and more than 250 kW. On the basis of application, the market is segmented into prime power generation applications; combined heat and power (CHP) applications; uninterrupted power supply (UPS) applications; and other applications such as transportation & logistics sector or data centers etc. The prime power generation application accounts for a major share of this market owing to increasing demand for clean energy across various industries such as commercial & industrial sectors as well as government establishments worldwide.
Product Definition:
A stationary fuel cell system is a power generation system that uses fuel cells to convert the chemical energy of fuels such as natural gas or hydrogen into electrical energy. Stationary fuel cell systems are used for grid-scale power generation, and have the potential to provide high efficiency, low emissions electricity with long operating lifetimes.
Less Than 5Kw:
The global stationary fuel cell systems market size was valued at USD 8,75 million in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024. The growing demand for clean energy sources coupled with the advancements in fuel cell technologies are expected to drive the growth of this industry over the forecast period.
5Kw-250Kw:
5Kw-250Kw is the power rating of fuel cell systems. It is used to define the maximum power output for stationary fuel cell systems. The global stationary fuel cell system market was valued at USD 2,867.7 million in 2016 and it is expected to grow at a CAGR of XX% over the forecast period on account of growing demand from end-use industries such as transportation, telecom & IT, healthcare and others.
Application Insights:
The combined heat and power (CHP) segment led the global stationary fuel cell systems market in 2017. CHP systems use fuel cells to generate electricity as well as heat, which is used for water heating, space heating/ cooling applications and industrial processes. The electricity generation application of the system has been gaining traction since past few years owing to growing demand for clean sources of energy across developed economies including Germany, France and U.K., where FCEs are used for cogeneration purposes i.e., they produce both electric power & heat energy simultaneously which is consumed within the same building or premises without additional transmission costs or losses incurred on long-distance sales transactions.
The prime power application segment is projected to expand at a CAGR of XX% from 2018 to 2030 due largely to rising R&D initiatives by various governments towards increasing usage of renewable sources such as solar.
Regional Analysis:
North America is expected to dominate the global stationary fuel cell system market over the forecast period. This growth can be attributed to various factors such as increasing government funding for research & development, technological advancements, and growing environmental concerns. The U.S., in particular, has a strong presence in this region owing to its developed economy and high electricity demand-supply gap which makes it an ideal location for FFS deployment.
Asia Pacific stationary FCTC market is projected tomature into prominence during the forecast period owing to developing economies such as China.
Growth Factors:
- Increasing demand for stationary fuel cell systems from the commercial and industrial sectors due to benefits such as high efficiency, low emissions, and long-term reliability
- Favorable government policies and regulations for the deployment of stationary fuel cells systems across various countries
- Growing investments by key players in research and development of advanced technologies for stationary fuel cells systems
- Rising awareness about the benefits of using stationary fuel cells systems among consumers worldwide
- Technological advancements in design and manufacturing of stationary fuel cells systems that are more efficient, reliable, and affordable
Scope Of The Report
Report Attributes
Report Details
Report Title
Stationary Fuel Cell Systems Market Research Report
By Type
Less Than 5Kw, 5Kw-250Kw, More Than 250Kw
By Application
Prime Power, Combined Heat and Power (CHP), Uninterrupted Power Supply (UPS), Others
By Companies
PowerCell Sweden, Bloom Energy, Doosan Fuel Cell America, Plug Power, Fuelcell Energy, Ballard Power Systems, Posco Energy, SOLIDpower Group, AFC Energy, Fuji Electric, PowerCell Sweden
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Stationary Fuel Cell Systems Market Report Segments:
The global Stationary Fuel Cell Systems market is segmented on the basis of:
Types
Less Than 5Kw, 5Kw-250Kw, More Than 250Kw
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
Prime Power, Combined Heat and Power (CHP), Uninterrupted Power Supply (UPS), Others
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:
- PowerCell Sweden
- Bloom Energy
- Doosan Fuel Cell America
- Plug Power
- Fuelcell Energy
- Ballard Power Systems
- Posco Energy
- SOLIDpower Group
- AFC Energy
- Fuji Electric
- PowerCell Sweden
Highlights of The Stationary Fuel Cell Systems 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:
- Less Than 5Kw
- 5Kw-250Kw
- More Than 250Kw
- By Application:
- Prime Power
- Combined Heat and Power (CHP)
- Uninterrupted Power Supply (UPS)
- Others
- 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 Stationary Fuel Cell Systems 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Stationary fuel cells are systems that convert chemical energy from a fuel into electrical energy. The system can be used to power small devices, such as cell phones and laptops, or it can be used to generate electricity for larger devices like electric cars.
Some of the key players operating in the stationary fuel cell systems market are PowerCell Sweden, Bloom Energy, Doosan Fuel Cell America, Plug Power, Fuelcell Energy, Ballard Power Systems, Posco Energy, SOLIDpower Group, AFC Energy, Fuji Electric, PowerCell Sweden.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stationary Fuel Cell Systems 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 Stationary Fuel Cell Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stationary Fuel Cell Systems 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 Stationary Fuel Cell Systems 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 Stationary Fuel Cell Systems Market Size & Forecast, 2020-2028
4.5.1 Stationary Fuel Cell Systems Market Size and Y-o-Y Growth
4.5.2 Stationary Fuel Cell Systems Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Less Than 5Kw
5.2.2 5Kw-250Kw
5.2.3 More Than 250Kw
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Prime Power
6.2.2 Combined Heat and Power (CHP)
6.2.3 Uninterrupted Power Supply (UPS)
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stationary Fuel Cell Systems 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 Stationary Fuel Cell Systems 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Less Than 5Kw
9.6.2 5Kw-250Kw
9.6.3 More Than 250Kw
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 Market Size Forecast by Applications
9.10.1 Prime Power
9.10.2 Combined Heat and Power (CHP)
9.10.3 Uninterrupted Power Supply (UPS)
9.10.4 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Less Than 5Kw
10.6.2 5Kw-250Kw
10.6.3 More Than 250Kw
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 Market Size Forecast by Applications
10.10.1 Prime Power
10.10.2 Combined Heat and Power (CHP)
10.10.3 Uninterrupted Power Supply (UPS)
10.10.4 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Less Than 5Kw
11.6.2 5Kw-250Kw
11.6.3 More Than 250Kw
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 Market Size Forecast by Applications
11.10.1 Prime Power
11.10.2 Combined Heat and Power (CHP)
11.10.3 Uninterrupted Power Supply (UPS)
11.10.4 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Less Than 5Kw
12.6.2 5Kw-250Kw
12.6.3 More Than 250Kw
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 Market Size Forecast by Applications
12.10.1 Prime Power
12.10.2 Combined Heat and Power (CHP)
12.10.3 Uninterrupted Power Supply (UPS)
12.10.4 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Less Than 5Kw
13.6.2 5Kw-250Kw
13.6.3 More Than 250Kw
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) Market Size Forecast by Applications
13.10.1 Prime Power
13.10.2 Combined Heat and Power (CHP)
13.10.3 Uninterrupted Power Supply (UPS)
13.10.4 Others
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 Stationary Fuel Cell Systems Market: Competitive Dashboard
14.2 Global Stationary Fuel Cell Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PowerCell Sweden
14.3.2 Bloom Energy
14.3.3 Doosan Fuel Cell America
14.3.4 Plug Power
14.3.5 Fuelcell Energy
14.3.6 Ballard Power Systems
14.3.7 Posco Energy
14.3.8 SOLIDpower Group
14.3.9 AFC Energy
14.3.10 Fuji Electric
14.3.11 PowerCell Sweden
