Market Overview:
The global stationary fuel cell 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 stationary fuel cell market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into 0-1 KW, 1-4 KW, Above 4 KW segments. Among these segments, 1-4 KW segment is expected to hold a major share in terms of revenue in 2018. This can be attributed to increasing demand for small scale power generation systems from residential and commercial sectors across the globe. Based on application, the market is divided into Residential applications Commercial applications Telecommunications Network Secure Communications Other Applications .
Product Definition:
A stationary fuel cell is a type of fuel cell that is used to provide electricity for a specific location, such as a home or office. Stationary fuel cells are often used to provide backup power in the event of an outage.
0-1 KW:
0-1 KW is the power output of a fuel cell in its stationary application. It is used to generate electricity for operating the equipment or vehicles. The 0-1 KW fuel cells are compact and can be installed in small spaces, which makes them ideal for transportation applications such as railways, ships or aircrafts.
The global stationary fuel cell market was valued at USD 648 million in 2015.
1-4 KW:
1-4 KW is the range of fuel cell power output. It is used to measure fuel cell efficiency in terms of electricity generation. 1-4 KW cells are usually found in stationary fuel cells, which are used for grid services and distributed generation applications.
The global stationary fuel cell market size was valued at USD 2,715 million in 2016.
Application Insights:
The telecommunications network segment dominated the global stationary fuel cell market in terms of revenue share in 2017. The growth can be attributed to the growing demand for data transmission and communication services across various regions. Stationary FFCs are used for power generation in telecom base stations, which eliminates the need for long-distance power lines, thus reducing environmental impact.
Stationary FFCs have a wide application scope in residential as well as commercial sectors owing to their ability to generate electricity from fossil fuels such as natural gas and coal with low emissions. They are widely used by industries including chemical, cement and steel production plants along with transportation facilities such as airports, seaports and railways stations since they produce zero emissions while burning fossil fuels like wood or diesel oil at industrial heat rates.
Regional Analysis:
North America is expected to be the largest regional market over the forecast period owing to favorable government policies and increasing investments in research & development. The U.S., which dominated the North American region, held more than 80% of revenue share in 2016 and is anticipated to continue its dominance over the next eight years. Europe accounted for a significant share of global stationary fuel cell market due to growing demand from several major industries including transportation, chemicals, metallurgy/mineral processing, power generation, pulp & paper manufacturing among others.
The Middle East & Africa are also expected witness substantial growth on account of rising oil prices coupled with increasing government support for sustainable energy sources that do not emit greenhouse gases (GHG).
Growth Factors:
- Increasing demand for stationary fuel cells from data centers and telecommunications sectors on account of rising need for uninterrupted power supply.
- Proliferation of microgrid technology that employs fuel cells as a means to achieve energy independence and security.
- Growing popularity of hydrogen-based transportation systems that are powered by fuel cells, which is expected to create new opportunities for the stationary fuel cell market over the forecast period.
- Rising concerns pertaining to climate change and air pollution, which is likely to boost demand for zero-emission power generation technologies such as stationary fuel cells in the near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stationary Fuel Cell Market Research Report
By Type
0-1 KW, 1-4 KW, Above 4 KW
By Application
Residential, Telecommunications Network, Secure Communications, Other
By Companies
Panasonic, Toshiba, Siemens, Fuji Electric, POSCO ENERGY, Bloom Energy, JX Nippon, FuelCell Energy, Ballard Power, Plug Power, Doosan PureCell America, Altergy, SOLIDpower
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Stationary Fuel Cell Market Report Segments:
The global Stationary Fuel Cell market is segmented on the basis of:
Types
0-1 KW, 1-4 KW, Above 4 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
Residential, Telecommunications Network, Secure Communications, 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:
- Panasonic
- Toshiba
- Siemens
- Fuji Electric
- POSCO ENERGY
- Bloom Energy
- JX Nippon
- FuelCell Energy
- Ballard Power
- Plug Power
- Doosan PureCell America
- Altergy
- SOLIDpower
Highlights of The Stationary Fuel Cell 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:
- 0-1 KW
- 1-4 KW
- Above 4 KW
- By Application:
- Residential
- Telecommunications Network
- Secure Communications
- 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 Stationary Fuel Cell 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
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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?
Stationary fuel cells are devices that convert the chemical energy in fuels into electrical energy. This process is done by using an electrochemical cell, which is a device that uses electrons to transfer protons and electrons between two electrodes.
Some of the key players operating in the stationary fuel cell market are Panasonic, Toshiba, Siemens, Fuji Electric, POSCO ENERGY, Bloom Energy, JX Nippon, FuelCell Energy, Ballard Power, Plug Power, Doosan PureCell America, Altergy, SOLIDpower.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stationary Fuel Cell Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Stationary Fuel Cell Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stationary Fuel Cell Market - Supply Chain
4.5. Global Stationary Fuel Cell Market Forecast
4.5.1. Stationary Fuel Cell Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stationary Fuel Cell Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stationary Fuel Cell Market Absolute $ Opportunity
5. Global Stationary Fuel Cell Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Stationary Fuel Cell Market Size and Volume Forecast by Type
5.3.1. 0-1 KW
5.3.2. 1-4 KW
5.3.3. Above 4 KW
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stationary Fuel Cell Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Stationary Fuel Cell Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Telecommunications Network
6.3.3. Secure Communications
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stationary Fuel Cell Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Stationary Fuel Cell Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Stationary Fuel Cell Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Stationary Fuel Cell Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Stationary Fuel Cell Demand Share Forecast, 2019-2026
9. North America Stationary Fuel Cell Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Stationary Fuel Cell Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Stationary Fuel Cell Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Telecommunications Network
9.4.3. Secure Communications
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stationary Fuel Cell Market Size and Volume Forecast by Type
9.7.1. 0-1 KW
9.7.2. 1-4 KW
9.7.3. Above 4 KW
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Stationary Fuel Cell Demand Share Forecast, 2019-2026
10. Latin America Stationary Fuel Cell Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Stationary Fuel Cell Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Stationary Fuel Cell Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Telecommunications Network
10.4.3. Secure Communications
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stationary Fuel Cell Market Size and Volume Forecast by Type
10.7.1. 0-1 KW
10.7.2. 1-4 KW
10.7.3. Above 4 KW
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Stationary Fuel Cell Demand Share Forecast, 2019-2026
11. Europe Stationary Fuel Cell Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Stationary Fuel Cell Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Stationary Fuel Cell Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Telecommunications Network
11.4.3. Secure Communications
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stationary Fuel Cell Market Size and Volume Forecast by Type
11.7.1. 0-1 KW
11.7.2. 1-4 KW
11.7.3. Above 4 KW
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Stationary Fuel Cell Demand Share, 2019-2026
12. Asia Pacific Stationary Fuel Cell Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Stationary Fuel Cell Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Stationary Fuel Cell Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Telecommunications Network
12.4.3. Secure Communications
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stationary Fuel Cell Market Size and Volume Forecast by Type
12.7.1. 0-1 KW
12.7.2. 1-4 KW
12.7.3. Above 4 KW
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Stationary Fuel Cell Demand Share, 2019-2026
13. Middle East & Africa Stationary Fuel Cell Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Stationary Fuel Cell Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Stationary Fuel Cell Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Telecommunications Network
13.4.3. Secure Communications
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stationary Fuel Cell Market Size and Volume Forecast by Type
13.7.1. 0-1 KW
13.7.2. 1-4 KW
13.7.3. Above 4 KW
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Stationary Fuel Cell Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stationary Fuel Cell Market: Market Share Analysis
14.2. Stationary Fuel Cell Distributors and Customers
14.3. Stationary Fuel Cell Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Panasonic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Toshiba
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fuji Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. POSCO ENERGY
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bloom Energy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JX Nippon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. FuelCell Energy
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ballard Power
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Plug Power
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Doosan PureCell America
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Altergy
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SOLIDpower
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
