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Los Angeles, CA -- (SBWire) -- 10/30/2018 --This report studies the global Hydrogen and Fuel Cells market status and forecast, categorizes the global Hydrogen and Fuel Cells market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

Hydrogen and Fuel Cells use hydrogen as a chemical element, and are made into batteries that store energy. The basic principle is the reverse reaction of electrolysis of water, hydrogen and oxygen were supplied to the cathode and anode, hydrogen diffusion through the cathode and the electrolyte reaction, the release of electrons through the external load to reach the anode.

North America was the largest consumption market with a market share of 56.55% in 2012 and 60.27% in 2016 with an increase of 3.72%. Japan ranked the second place with the market share of 15.51% in 2016.

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Nowadays, the top three companies make up more than 30.76% market share of the Hydrogen and Fuel Cells market in 2016, and the world's large enterprises are mainly concentrated in North America and Japan. The top three manufacturers are Fuel Cell Energy, Panasonic and Plug Power. They respectively with global production market share as 10.88%, 10.02%, and 9.86% in 2016.

Hydrogen and Fuel Cells are widely used in Stationary, Transport, Portable etc. In 2013 – 2014, the industry experience an obvious growth, but with the market returning to a reasonable state, from 2015, the market growth rate fell to a steady level.

The Hydrogen and Fuel Cells market has been experiencing strong growth graph in past few years. In 2017 the China Hydrogen and Fuel Cells market was valued at US$ 155 Mn and by the end of the assessment year (2023), it is estimated to touch a value more than US$ 311 Mn growing at a value CAGR of 12.35% throughout the period of forecast.

The major players covered in this report

Fuel Cell Energy

Panasonic

Plug Power

Intelligent Energy

Toshiba

Hyster-Yale Group

Ballard Power Systems

Doosan Fuel Cell

Nedstack

Hydrogenics

Pearl Hydrogen

Sunrise Power

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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering

United States

Europe

China

Japan

Southeast Asia

India

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