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Easy Refueling Options and Increased Commercialization Bode Well for Hydrogen and Fuel Cells Market

 

Brooklyn, NY -- (SBWIRE) -- 12/04/2017 -- QYResearchReports.com has announced the addition of a new market intelligence report, titled "Global Hydrogen and Fuel Cells Market Research Report 2017." The in-depth report on the global hydrogen and fuel cells market offers a comprehensive insight into the current market status, current and prominently emerging trends, the share and size of various application segments and product types, technological landscape, and competitive dynamics. The study offers an in-depth insight into industry chain structure and major product development initiatives affecting the growth trajectory of the market in various regions, such as North America, China, Europe, and Japan. The analysis also offers in-depth insight into developmental policies in these regions. Furthermore, it takes a closer look at the regulatory landscape and the factors driving the prominent segments during the forecast period from 2017 to 2022.

The global hydrogen and fuel cells market is estimated at US$1309.81 Mn in 2017 and is projected to reach a valuation of US$2613.75 Mn by the end of 2022. The market is projected to rise at a CAGR of 14.82% from 2017 to 2022.

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The rising demand for hydrogen and fuel cells in automobiles world over is primarily driven by the intensifying need for cleaner and more environmental-friendly fuel technology. The substantial and sustained push to reduce carbon emissions in vehicles in a number of emerging and developed economies is a key factor boosting the demand for hydrogen and fuel cells. The growing implementation of better renewable fuel standards in several developed nations is providing a robust impetus to the growth of the market.

The rising awareness of the cost and environmental benefits of hydrogen-powered automobiles over gasoline-powered ones has stimulated end users in several industrialized nations to adopt hydrogen fuel cells. A wide range of stationary and mobile applications of hydrogen and fuel cells is a notable aspect boosting the market.

The opening of more hydrogen gas refueling stations in a number of developing countries and convenient refueling options offered by them are significant factors expected to bolster the demand for hydrogen and fuel cells. In addition, the leasing of a growing number of these stations bodes well for the overall market. The marked benefit of providing power for longer distance compared to electric vehicles has made it attractive for heavy commercial vehicles destined for longer routes.

Read Complete Table of Content of the Report at: https://www.qyresearchreports.com/report/global-hydrogen-and-fuel-cells-market-research-report-2017.htm/toc

The stringent competition meted out by the adoption of electric vehicles in several developing countries such as those in Europe and China is a key trend likely to impede the growth of the market to an extent. Nevertheless, several automakers finding substantial prospects in hydrogen fuel cells-powered vehicles have in recent years invested heavily in these technologies. Furthermore, a rise in research and development (R&D) activities on developing and improving the potential of hydrogen and fuel cells technology is expected to provide marked impetus to the growth of the market in coming years. The abundance of hydrogen in various parts of the world and constant advances made in manufacturing technologies are expected to contribute the growth of the market. The advent of promising commercialization routes is likely to boost the market in the coming years. The advent of attractive tax breaks in some development nations is expected to expand the consumer base of hydrogen and fuel cells.

Some of the prominent players operating in the hydrogen and fuel cells market are Sunrise Power, Hydrogenics, Pearl Hydrogen, Nedstack, Doosan Fuel Cell America, Toshiba Corporation, Hyster-Yale Group, Ballard Power Systems, Intelligent Energy, Fuel Cell Energy, and Panasonic.

Table of Contents

1 Hydrogen and Fuel Cells Market Overview1
1.1 Product Overview and Scope of Hydrogen and Fuel Cells1
1.2 Hydrogen and Fuel Cells Segment by Types2
1.2.1 Global Production (MW) Market Share of Hydrogen and Fuel Cells by Types in 20162
1.2.2 Air-cooled Type3
1.2.3 Water-cooled Type3
1.3 Hydrogen and Fuel Cells Segment by Applications4
1.3.1 Hydrogen and Fuel Cells Consumption Market Share by Applications in 20164
1.3.2 Stationary5
1.3.3 Transport5
1.3.4 Portable6
1.4 Hydrogen and Fuel Cells Market by Regions8
1.4.1 North America Status and Prospect (2012-2022)8
1.4.2 China Status and Prospect (2012-2022)9
1.4.3 Europe Status and Prospect (2012-2022)10
1.4.4 Japan Status and Prospect (2012-2022)11
1.5 Global Market Size (Value) of Hydrogen and Fuel Cells (2012-2022)12

2 Global Hydrogen and Fuel Cells Market Competition by Manufacturers13
2.1 Global Hydrogen and Fuel Cells Production and Share by Manufacturers (2016 and 2017)13
2.2 Global Hydrogen and Fuel Cells Revenue and Share by Manufacturers (2016 and 2017)15
2.3 Global Hydrogen and Fuel Cells Average Price by Manufacturers (2016 and 2017)18
2.5 Hydrogen and Fuel Cells Market Competitive Situation and Trends20
2.5.1 Hydrogen and Fuel Cells Market Share of Top 320
2.5.2 Hydrogen and Fuel Cells Market Share of Top 5 Manufacturers21

3 Global Hydrogen and Fuel Cells Production, Revenue (Value) by Regions (2012-2017)22
3.1 Global Hydrogen and Fuel Cells Production and Market Share by Regions (2012-2017)22
3.2 Global Hydrogen and Fuel Cells Revenue (Value) and Market Share by Regions (2012-2017)24
3.3 Global Hydrogen and Fuel Cells Production, Revenue, Price and Gross Margin (2012-2017)26
3.4 North America Hydrogen and Fuel Cells Production, Revenue, Price and Gross Margin (2012-2017)27
3.5 Europe Hydrogen and Fuel Cells Production, Revenue, Price and Gross Margin (2012-2017)27
3.6 China Hydrogen and Fuel Cells Production, Revenue, Price and Gross Margin (2012-2017)27
3.7 Japan Hydrogen and Fuel Cells Production, Revenue, Price and Gross Margin (2012-2017)28

4 Global Hydrogen and Fuel Cells Supply (Production), Consumption, Export, Import by Regions (2012-2017)29
4.1 Global Hydrogen and Fuel Cells Consumption by Regions (2012-2017)29
4.2 North America Hydrogen and Fuel Cells Production, Consumption, Export, Import by Regions (2012-2017)31
4.3 Europe Hydrogen and Fuel Cells Production, Consumption, Export, Import by Regions (2012-2017)32
4.4 China Hydrogen and Fuel Cells Production, Consumption, Export, Import by Regions (2012-2017)32
4.5 Japan Hydrogen and Fuel Cells Production, Consumption, Export, Import by Regions (2012-2017)32

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