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全球燃料電池發電機市場（按燃料電池類型、尺寸、燃料類型、最終用戶和地區分類）- 預測至 2030 年
市場調查報告書
商品編碼
1772635

全球燃料電池發電機市場（按燃料電池類型、尺寸、燃料類型、最終用戶和地區分類）- 預測至 2030 年

Fuel Cell Generator Market by End User (Marine, Aquaculture, Construction, Agriculture, Data Centers, Emergency Response Generators), Size [Small (=200 kW), Large (>200 kW)], Fuel Type (Hydrogen, Ammonia, Methanol), and Region - Global Forecast to 2030
出版日期: | 出版商: MarketsandMarkets | 英文 231 Pages | 訂單完成後即時交付

價格

燃料電池發電機市場預計將從 2025 年的6.3 億美元成長到 2030 年的 18 億美元，預測期內的複合年成長率為 23.3%。

燃料電池發電機市場的發展受到清潔離網電力需求成長、能源安全擔憂加劇以及關鍵產業對可靠備用系統需求的推動。氫能基礎設施投資的不斷增加、政府扶持措施的推出以及燃料電池效率和壽命的提升，正在推動燃料電池的應用。脫碳目標的提出以及向彈性低排放氣體能源解決方案的轉變，進一步推動了工業、商業和遠端應用市場的發展。

研究範圍
調查年份 2020-2030
基準年 2024
預測期 2025-2030
目標單位 金額（百萬美元/十億美元）、數量（兆瓦）
部分 按燃料電池類型、按尺寸、按燃料類型、按最終用戶、按地區
目標區域 北美、歐洲、亞太地區、拉丁美洲、世界其他地區

小型燃料電池發電機佔據了最大的市場規模，這主要是因為它們用途廣泛、易於部署，並且適用於分散式電源。這些緊湊型系統非常適合住宅、通訊塔、行動裝置和小型商業設施，這些設施需要可靠、清潔的備用電源，同時又對空間和基礎設施要求極低。偏遠和無電地區對不斷電系統的需求日益成長，以及電網不穩定的發展中地區對小型發電機的採用日益增多，這些因素推動了對小型發電機的需求。此外，它們的低噪音、零排放運行和擴充性使其成為一種有吸引力的永續能源解決方案。技術進步提高了效率、降低了成本並改善了便攜性，進一步刺激了它們的應用。政府的支持性政策以及太陽能和風能等再生能源來源的整合也有助於該領域保持強大的市場地位並持續成長。

預計資料中心領域仍將是燃料電池發電機市場中終端用戶佔比最大的細分市場，因為該領域至關重要，需要可靠、持續和綠能。隨著雲端處理、人工智慧、物聯網和數位服務的興起，全球數據消耗激增，資料中心必須確保不間斷運作。燃料電池發電機是一種高效能、低排放氣體的柴油發電機替代品，可滿足備用和主要電源需求。其模組化、擴充性以及獨立於電網運行的能力使其非常適合超大規模和邊緣資料中心。此外，領先的科技公司致力於實現碳中和並投資永續能源基礎設施，這進一步推動了對燃料電池系統的需求。減少維護、安靜運行和快速啟動也增加了它們在運作和永續性至關重要的資料中心環境中的吸引力。

預計在2021年至2030年期間，燃料電池發電機市場將成為亞太地區第二大市場，這得益於該地區快速的工業化進程和不斷成長的能源需求，以及政府鼓勵採用清潔能源技術的舉措。日本和中國在氫能和燃料電池領域處於領先地位，這得益於政府對氫能經濟的支持、支持性基礎設施投資以及隨之而來的燃料電池系統的商業化。日本政府的「氫能社會」願景旨在透過固定式和交通應用的燃料發電機來提升氫能對經濟的作用。在中國，透過政策的大力支持、國有能源公司的參與以及巨大的製造能力，正在塑造燃料電池的潛力，降低燃料電池技術的成本並促進其普及。

燃料電池發電機市場由幾家業務遍佈全球的大型企業主導。燃料電池發電機市場的一些主要參與者包括：Bloom Energy（美國）、PowerCell Sweden AB（瑞典）、Nedstack Fuel Cell Technology（荷蘭）、Ballard Power Systems（美國）、Plug Power Inc.（美國）、Doosan Fuel Cell（韓國）、ABB（瑞士）、西門子能源（德國）、康明斯公司（美國）、Aan Energy（日本）、瑞士）、西門子能源（德國）、康明斯公司（美國）、Aan Energy（日本）、新能源系統解決方案（英國）、康明斯公司（日本）、Aon Energy）、日本）。

本研究報告根據規模、應用和燃料類型對燃料電池發電機市場進行了定義、說明和預測。該報告還提供了詳細的定性和定量市場分析，全面回顧了關鍵的市場促進因素、限制因素、機會和挑戰。該報告還涵蓋了市場的各個重要方面，包括競爭格局分析、市場動態、以金額為準的市場估值以及燃料電池發電機市場的未來趨勢。

目錄

第1章 引言

第2章調查方法

第3章執行摘要

第4章重要考察

第5章市場概述

  • 介紹
  • 市場動態
  • 影響客戶業務的趨勢/中斷
  • 定價分析
  • 供應鏈分析
  • 生態系分析
  • 技術分析
  • 案例研究分析
  • 專利分析
  • 貿易分析
  • 大型會議及活動
  • 監管狀況
  • 波特五力分析
  • 主要相關人員和採購標準
  • 人工智慧/產生人工智慧對燃料電池發電機市場的影響
  • 美國關稅的影響—概述

第6章燃料電池發電機市場（依燃料電池類型）

  • 介紹
  • 質子交換膜燃料電池（PEMFC）
  • 固體氧化物燃料電池（SOFC）
  • 鹼性燃料電池（AFC）
  • 磷酸燃料電池（PAFC）

第7章燃料電池發電機市場（按規模）

  • 介紹
  • 小規模（最高200kW）
  • 大型（200kW以上）

第 8 章燃料電池發電機市場（按燃料類型）

  • 介紹
  • 氫
  • 甲醇
  • 氨
  • 其他

第9章燃料電池發電機市場（依最終用戶）

  • 介紹
  • 海洋工程平台
  • 工地
  • 農業設施
  • 水產養殖設施
  • 資料中心
  • 緊急應變發電機

第 10 章燃料電池發電機市場（按地區）

  • 介紹
  • 亞太地區
    • 中國
    • 印度
    • 日本
    • 其他
  • 北美洲
    • 美國
    • 加拿大
  • 歐洲
    • 德國
    • 英國
    • 法國
    • 其他
  • 其他地區
    • 宏觀經濟因素

第11章競爭格局

  • 介紹
  • 主要參與企業的策略/優勢，2021-2025
  • 2020-2024年收益分析
  • 2024年市場佔有率分析
  • 估值和財務指標
  • 品牌/產品比較
  • 公司估值矩陣：2024 年主要參與企業
  • 公司估值矩陣：Start-Ups/中小企業，2024 年
  • 競爭場景

第12章 公司簡介

  • 主要參與企業
    • BLOOM ENERGY
    • DOOSAN FUEL CELL CO., LTD.
    • POWERCELL SWEDEN AB
    • BALLARD POWER SYSTEMS
    • NEDSTACK FUEL CELL TECHNOLOGY
    • PLUG POWER INC.
    • ABB
    • ZEPP.SOLUTIONS BV
    • SIEMENS ENERGY
    • CUMMINS INC.
    • AFC ENERGY
    • TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION
    • PROTON MOTOR FUEL CELL GMBH
    • PANASONIC CORPORATION
    • EODEV
    • GENCELL LTD.
  • 其他公司
    • FUJI ELECTRIC CO., LTD.
    • POWERUP ENERGY TECHNOLOGIES
    • HORIZON FUEL CELL TECHNOLOGIES
    • UPSTART POWER
    • FREUDENBERG SEALING TECHNOLOGIES GMBH & CO. KG
    • BOC LIMITED
    • H2SYS
    • GREENAMP TECHNOS（OPC）PRIVATE LIMITED
    • YANMAR HOLDINGS CO., LTD

第13章 附錄

Product Code: EP 8127

The fuel cell generator market is estimated to reach USD 1.80 billion by 2030 from an estimated value of USD 0.63 billion in 2025, at a CAGR of 23.3% during the forecast period. The fuel cell generator market is driven by increasing demand for clean, off-grid power, rising concerns over energy security, and the need for reliable backup systems in critical sectors. Growing investments in hydrogen infrastructure, supportive government incentives, and advancements in fuel cell efficiency and lifespan are boosting adoption. Decarbonization goals and the transition toward resilient, low-emission energy solutions further propel the market across industrial, commercial, and remote applications.

Scope of the Report
Years Considered for the Study2020-2030
Base Year2024
Forecast Period2025-2030
Units ConsideredValue (USD Million/Billion); Volume (MW)
SegmentsFuel Type, Fuel Cell Type, End User, Size, and Region
Regions coveredNorth America, Europe, Asia Pacific, Latin America, and the Rest of the World

"Small Scale: The larger segment of fuel cell generators in terms of size."

Small-scale fuel cell generators represent the largest segment of the market by size, primarily due to their versatility, ease of deployment, and suitability for decentralized power applications. These compact systems are ideal for residential buildings, telecom towers, mobile units, and small commercial facilities that require reliable, clean backup power with minimal space and infrastructure requirements. The increasing need for uninterrupted power in remote and off-grid areas, along with rising adoption in developing regions with unreliable grid access, is driving demand for small-scale units. Additionally, their low noise, zero-emission operation, and scalability make them attractive for sustainable energy solutions. Technological advancements have enhanced efficiency, reduced costs, and improved portability, further encouraging adoption. Supportive government policies and the integration of renewable energy sources like solar and wind also contribute to the segment's strong market position and sustained growth.

"The data centers segment is estimated to remain the largest segment among end users."

The data center segment is expected to remain the largest segment by end user in the fuel cell generator market due to the sector's critical need for reliable, continuous, and clean power. As global data consumption surges with the rise of cloud computing, AI, IoT, and digital services, data centers must ensure uninterrupted operation. Fuel cell generators offer a highly efficient, low-emission alternative to diesel generators for both backup and primary power needs. Their modularity, scalability, and ability to operate independently from the grid make them well-suited for hyperscale and edge data centers. Moreover, major technology firms are committing to carbon neutrality and investing in sustainable energy infrastructure, further boosting demand for fuel cell systems. Reduced maintenance, silent operation, and rapid startup times also enhance their appeal in data center environments where uptime and sustainability are paramount.

"Asia Pacific is projected to be the second-largest region in the fuel cell generator market."

The fuel cell generator market is projected to be the second largest in the Asia Pacific region, during the 2021-2030 period, underpinned by rapid industrialization and growing energy demands in the region, combined with government initiatives to foster the uptake of clean energy technology. Japan and China are the leaders in hydrogen and fuel cells, with government backing of the hydrogen economy, supportive infrastructure investment, and later commercialization of fuel cell systems. The Japanese government's concept of a "Hydrogen Society" is based on increased hydrogen's role in the economy through fuel generators working in stationary and transportation applications. In China, significant support through policy, engagement of the state-owned energy enterprises, and massive manufacturing capacity are shaping its fuel cell capabilities, lowering both the cost and access to fuel cell technologies.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1: 65%, Tier 2: 24%, and Tier 3: 11%

By Designation: C-Level Executives: 30%, Managers: 25%, and Others: 45%

By Region: North America: 27%, Europe: 20%, Asia Pacific: 53%,

Note: Others include product engineers, product specialists, and engineering leads.

Note: The tiers of the companies are defined based on their total revenues as of 2023; Tier 1: Greater than USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: Less than USD 500 million.

The fuel cell generator market is dominated by a few major players that have a wide regional presence. The leading players in fuel cell generator market are Bloom Energy (US), PowerCell Sweden AB (Sweden), Nedstack Fuel Cell Technology (Netherlands), Ballard Power Systems (US), Plug Power Inc. (US), Doosan Fuel Cell Co., Ltd. (South Korea), ABB (Switzerland), Siemens Energy (Germany), Cummins Inc. (US), AFC Energy (UK), Toshiba Energy Systems & Solutions Corporation (Japan) among others.

Research Coverage

The report defines, describes, and forecasts the fuel cell generator market by size, application, and fuel type. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the fuel cell generator market.

Key Benefits of Buying the Report

  • The fuel cell generator market is driven by the global transition toward cleaner, more resilient, and sustainable energy systems. With rising concerns over carbon emissions, air quality, and energy security, fuel cell generators offer a reliable, low-emission alternative to traditional diesel and gas-powered generators. Their ability to deliver continuous, off-grid, and backup power with high efficiency and minimal environmental impact makes them increasingly attractive across sectors such as data centers, healthcare, telecom, defense, and remote infrastructure. The growing urgency for decarbonization, coupled with climate-induced power disruptions, is accelerating demand for dependable backup solutions. Supportive government policies, financial incentives, and hydrogen development roadmaps further fuel market growth. Advancements in fuel cell technologies-including improved lifespan, scalability, and integration with renewables-enhance system performance and cost-competitiveness. Additionally, strategic investments in hydrogen infrastructure and green hydrogen production are expanding the viability of fuel cell generators. As industries prioritize clean energy resilience and grid independence, fuel cell generators are emerging as a vital solution in the global push toward net-zero emissions and sustainable energy diversification.
  • Product Development/Innovation: The fuel cell generator market is advancing through innovations that enhance efficiency, durability, and system integration. Companies are developing compact, modular fuel cell systems that enable flexible deployment across residential, commercial, and industrial settings. Technological improvements in catalysts, membranes, and thermal management boost power density and extend operational life. Integration with IoT platforms enables real-time monitoring, predictive maintenance, and performance optimization. Hybrid systems combining fuel cells with renewables and batteries offer greater energy resilience. Additionally, advancements in hydrogen storage and ammonia-to-hydrogen conversion technologies are expanding fuel flexibility, supporting broader adoption and scalability of fuel cell generators in diverse applications.
  • Market Development: In June 2024, PowerCell Sweden AB launched the Marine System 225, a next-generation maritime fuel cell system built on the success of the Marine System 200. With enhanced power output, improved efficiency, and a compact design, it is ideal for marine vessels. Designed for durability and ease of installation, the system highlights PowerCell's leadership in marine innovation and supports the growing demand for sustainable maritime power solutions.
  • Market Diversification: In February 2025, Zepp.solutions B.V. has been chosen as the fuel cell system supplier for the NERA-H2 project, funded by the Dutch Maritime Master Plan. This initiative focuses on retrofitting river cruise vessels with hydrogen fuel cell propulsion systems, addressing stringent emissions regulations in cities like Amsterdam, Basel, and Vienna. By providing modular fuel cell systems with over 1MW output, Zepp.solutions is driving the adoption of hydrogen-powered solutions in the maritime sector. This project is pivotal in scaling up the use of hydrogen technology within the river cruise industry, ultimately pushing the fuel cell generator market towards sustainable applications in maritime transport.
  • Competitive Assessment: Assessment of rankings of some of the key players, including of Bloom Energy (US), PowerCell Sweden AB (Sweden), Nedstack Fuel Cell Technology (Netherlands), Ballard Power Systems (US), Plug Power Inc. (US), Doosan Fuel Cell Co., Ltd. (South Korea), ABB (Switzerland), Siemens Energy (Germany), Cummins Inc. (US), AFC Energy (UK), and Toshiba Energy Systems & Solutions Corporation (Japan).

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION
  • 1.3 STUDY SCOPE
    • 1.3.1 MARKETS COVERED
    • 1.3.2 INCLUSIONS AND EXCLUSIONS
    • 1.3.3 YEARS CONSIDERED
  • 1.4 CURRENCY CONSIDERED
  • 1.5 UNIT CONSIDERED
  • 1.6 LIMITATIONS
  • 1.7 STAKEHOLDERS
  • 1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
  • 2.2 DATA TRIANGULATION
    • 2.2.1 SECONDARY DATA
      • 2.2.1.1 Key data from secondary sources
    • 2.2.2 PRIMARY DATA
      • 2.2.2.1 Key insights from primary sources
      • 2.2.2.2 Breakdown of primaries
  • 2.3 MARKET SIZE ESTIMATION
    • 2.3.1 SUPPLY-SIDE ANALYSIS
      • 2.3.1.1 Supply-side calculations
      • 2.3.1.2 Supply-side assumptions
    • 2.3.2 DEMAND-SIDE ANALYSIS
      • 2.3.2.1 Demand-side assumptions
      • 2.3.2.2 Demand-side limitations
      • 2.3.2.3 Demand-side calculation
    • 2.3.3 FORECAST
  • 2.4 RESEARCH LIMITATIONS
  • 2.5 RISK ASSESSMENT

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FUEL CELL GENERATOR MARKET
  • 4.2 FUEL CELL GENERATOR MARKET, BY REGION
  • 4.3 FUEL CELL GENERATOR MARKET, BY END USER
  • 4.4 FUEL CELL GENERATOR MARKET, BY FUEL TYPE
  • 4.5 FUEL CELL GENERATOR MARKET, BY SIZE

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • 5.2.1 DRIVERS
      • 5.2.1.1 Global focus on reducing carbon emissions and environmental impact
      • 5.2.1.2 Hydrogen fuel cell generators are replacing diesel backups in data centers seeking cleaner energy
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 High upfront cost compared to conventional diesel or gas generators limits mass adoption.
      • 5.2.2.2 High capital expenditure associated with hydrogen energy storage
      • 5.2.2.3 Lack of robust hydrogen infrastructure limits fuel availability and distribution
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Integration of renewable energy sources into power grids
      • 5.2.3.2 Supportive government policies, incentives, and rebates on installation of fuel cell generators
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Water management in proton-exchange membrane fuel cells
      • 5.2.4.2 High operational temperature of solid oxide fuel cells
  • 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.4 PRICING ANALYSIS
    • 5.4.1 PEM BACKUP FUEL CELL GENERATOR INDICATIVE PRICING MODEL ANALYSIS
      • 5.4.1.1 5 kW FCG stack and balance of plant (BoP) indicative cost
      • 5.4.1.2 10 kW FCG stack and balance of plant (BoP) indicative cost
    • 5.4.2 PEM STACK AND SYSTEM BOP PRICING MODEL ANALYSIS
      • 5.4.2.1 PEM stack component cost summary
        • 5.4.2.1.1 100 KW PEM stack component cost summary
        • 5.4.2.1.2 250 KW PEM stack component cost summary
      • 5.4.2.2 PEM stack manufacturing cost summary
        • 5.4.2.2.1 100 KW PEM stack manufacturing cost summary
        • 5.4.2.2.2 250 KW PEM stack manufacturing cost summary
      • 5.4.2.3 PEM BoP cost summary
        • 5.4.2.3.1 100 KW PEM BoP cost summary
        • 5.4.2.3.2 250 kW PEM BoP cost summary
  • 5.5 SUPPLY CHAIN ANALYSIS
    • 5.5.1 RAW MATERIAL SUPPLIER
    • 5.5.2 COMPONENT MANUFACTURING
    • 5.5.3 FUEL CELL STACK & SYSTEM INTEGRATION
    • 5.5.4 FUEL CELL GENERATOR PROVIDER
    • 5.5.5 END USER
  • 5.6 ECOSYSTEM ANALYSIS
  • 5.7 TECHNOLOGY ANALYSIS
    • 5.7.1 KEY TECHNOLOGIES
      • 5.7.1.1 Atomically dispersed Pt and Fe sites and Pt-Fe nanoparticles for durable proton-exchange membrane fuel cells
      • 5.7.1.2 Nanoparticle-based fuel cells
    • 5.7.2 ADJACENT TECHNOLOGIES
      • 5.7.2.1 Non-precious metal catalyst-based fuel cells
      • 5.7.2.2 Hexagonal perovskites for ceramic fuel cells
  • 5.8 CASE STUDY ANALYSIS
    • 5.8.1 POWERING SUSTAINABILITY AND SAVINGS-WALMART TURNS TO BLOOM ENERGY FOR RESILIENT, LOW-CARBON ENERGY AT SCALE.
    • 5.8.2 FUEL CELLS POWER VERIZON'S RESILIENCE-CUTTING COSTS, SLASHING EMISSIONS, AND SECURING CRITICAL INFRASTRUCTURE WITH HIGH-EFFICIENCY, ON-SITE ENERGY
    • 5.8.3 KEEPING FLOOD WARNINGS FLOWING-EFOY FUEL CELLS POWER THE ENVIRONMENT AGENCY'S OFF-GRID MONITORING WITH SILENT, WEATHERPROOF RELIABILITY
  • 5.9 PATENT ANALYSIS
  • 5.10 TRADE ANALYSIS
    • 5.10.1 IMPORT SCENARIO (HS CODE 280410)
    • 5.10.2 EXPORT SCENARIO (HS CODE 280410)
  • 5.11 KEY CONFERENCES AND EVENTS
  • 5.12 REGULATORY LANDSCAPE
    • 5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • 5.12.2 REGULATORY FRAMEWORK
  • 5.13 PORTER'S FIVE FORCES ANALYSIS
    • 5.13.1 THREAT OF SUBSTITUTES
    • 5.13.2 BARGAINING POWER OF SUPPLIERS
    • 5.13.3 BARGAINING POWER OF BUYERS
    • 5.13.4 THREAT OF NEW ENTRANTS
    • 5.13.5 INTENSITY OF COMPETITIVE RIVALRY
  • 5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
    • 5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
    • 5.14.2 BUYING CRITERIA
  • 5.15 IMPACT OF AI/GEN AI ON FUEL CELL GENERATOR MARKET
    • 5.15.1 SYSTEM OPTIMIZATION & PREDICTIVE MAINTENANCE
    • 5.15.2 DESIGN & R&D ACCELERATION
    • 5.15.3 MARKET INTELLIGENCE AND CUSTOMER PROFILING
  • 5.16 IMPACT OF US TARIFF - OVERVIEW
    • 5.16.1 INTRODUCTION
    • 5.16.2 KEY TARIFF RATES
    • 5.16.3 PRICE IMPACT ANALYSIS
    • 5.16.4 IMPACT ON COUNTRY/REGION
      • 5.16.4.1 US
      • 5.16.4.2 Europe
      • 5.16.4.3 Asia Pacific
    • 5.16.5 IMPACT ON END-USER INDUSTRIES

6 FUEL CELL GENERATOR MARKET, BY FUEL CELL TYPE

  • 6.1 INTRODUCTION
  • 6.2 PROTON-EXCHANGE MEMBRANE FUEL CELL (PEMFC)
    • 6.2.1 INCREASING USE OF PEM FUEL CELLS IN MARINE APPLICATIONS
  • 6.3 SOLID OXIDE FUEL CELL (SOFC)
    • 6.3.1 RISE IN ADOPTION OF SOFCS IN ENERGY SECTOR TO ACHIEVE HIGH ELECTRICAL EFFICIENCY AND LOW CO2 EMISSIONS
  • 6.4 ALKALINE FUEL CELL (AFC)
    • 6.4.1 HIGH ADOPTION OF AFC IN CONSTRUCTION AND MARINE APPLICATIONS
  • 6.5 PHOSPHORIC ACID FUEL CELL (PAFC)
    • 6.5.1 ADOPTION OF PAFCS IN STATIONARY APPLICATIONS

7 FUEL CELL GENERATOR MARKET, BY SIZE

  • 7.1 INTRODUCTION
  • 7.2 SMALL SCALE (UP TO 200 KW)
    • 7.2.1 DIVERSE POWER OUTPUT OF SMALL FUEL CELL SYSTEMS TO INCREASE THEIR USE BY ALL END USERS
  • 7.3 LARGE SCALE (ABOVE 200 KW)
    • 7.3.1 ROBUST ENERGY AND CLIMATE POLICIES TO DRIVE MARKET

8 FUEL CELL GENERATOR MARKET, BY FUEL TYPE

  • 8.1 INTRODUCTION
  • 8.2 HYDROGEN
    • 8.2.1 HIGH ENERGY DENSITY OF HYDROGEN TO SUPPORT SEGMENTAL GROWTH
  • 8.3 METHANOL
    • 8.3.1 EASE OF STORAGE AND USE TO BOOST DEMAND FOR METHANOL
  • 8.4 AMMONIA
    • 8.4.1 STRINGENT REGULATIONS TO REDUCE CARBON FOOTPRINT TO INCREASE DEMAND FOR AMMONIA
  • 8.5 OTHERS

9 FUEL CELL GENERATOR MARKET, BY END USER

  • 9.1 INTRODUCTION
  • 9.2 MARINE ENGINEERING PLATFORMS
    • 9.2.1 DECARBONIZATION TARGETS SET BY INTERNATIONAL MARITIME ORGANIZATIONS TO STIMULATE DEMAND
  • 9.3 CONSTRUCTION SITES
    • 9.3.1 REPLACEMENT OF DIESEL GENERATORS WITH FUEL CELL GENERATORS TO ACHIEVE DECARBONIZATION GOALS TO DRIVE MARKET
  • 9.4 AGRICULTURAL FACILITIES
    • 9.4.1 IMPLEMENTATION OF HYDROGEN GENERATORS IN AGRICULTURAL APPLICATIONS TO SUPPORT MARKET GROWTH
  • 9.5 AQUACULTURE FACILITIES
    • 9.5.1 RISING NEED FOR ENERGY-EFFICIENT AND LOW-NOISE SOLUTIONS IN AQUACULTURE FACILITIES TO BOOST DEMAND FOR FUEL CELL GENERATORS
  • 9.6 DATA CENTERS
    • 9.6.1 GROWING USE OF BACKUP POWER SYSTEMS DURING OUTAGES TO PUSH DEMAND FOR FUEL CELL GENERATORS
  • 9.7 EMERGENCY RESPONSE GENERATORS
    • 9.7.1 POWER BACKUP REQUIREMENT FROM TELECOM TOWERS TO CONTRIBUTE TO MARKET GROWTH

10 FUEL CELL GENERATOR MARKET, BY REGION

  • 10.1 INTRODUCTION
  • 10.2 ASIA PACIFIC
    • 10.2.1 CHINA
      • 10.2.1.1 Increase in focus on improving energy efficiency to drive market
      • 10.2.1.2 Macroeconomic factors
    • 10.2.2 INDIA
      • 10.2.2.1 Need for decarbonization of energy sector to support market growth
      • 10.2.2.2 Macroeconomic factors
    • 10.2.3 JAPAN
      • 10.2.3.1 Rise in use of hydrogen for clean energy to boost demand for fuel cell generators
      • 10.2.3.2 Macroeconomic factors
    • 10.2.4 REST OF ASIA PACIFIC
  • 10.3 NORTH AMERICA
    • 10.3.1 US
      • 10.3.1.1 Growing focus on clean energy generation to boost demand for fuel cell technology
      • 10.3.1.2 Macroeconomic factors
    • 10.3.2 CANADA
      • 10.3.2.1 Government grants to run fuel cell technology-based programs to support market growth
      • 10.3.2.2 Macroeconomic factors
  • 10.4 EUROPE
    • 10.4.1 GERMANY
      • 10.4.1.1 Focus on emission-free transportation to foster requirement for fuel cell technology
      • 10.4.1.2 Macroeconomic factors
    • 10.4.2 UK
      • 10.4.2.1 Efforts to reduce GHG emissions to stimulate demand for fuel cell technology
      • 10.4.2.2 Macroeconomic factors
    • 10.4.3 FRANCE
      • 10.4.3.1 Energy transition outlook of French government to facilitate market growth
      • 10.4.3.2 Macroeconomic factors
    • 10.4.4 REST OF EUROPE
  • 10.5 REST OF THE WORLD (ROW)
    • 10.5.1 MACROECONOMIC FACTORS

11 COMPETITIVE LANDSCAPE

  • 11.1 INTRODUCTION
  • 11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021-2025
  • 11.3 REVENUE ANALYSIS, 2020-2024
  • 11.4 MARKET SHARE ANALYSIS, 2024
  • 11.5 COMPANY VALUATION AND FINANCIAL METRICS
    • 11.5.1 COMPANY VALUATION
    • 11.5.2 FINANCIAL METRICS
  • 11.6 BRAND/PRODUCT COMPARISON
  • 11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
    • 11.7.1 STARS
    • 11.7.2 EMERGING LEADERS
    • 11.7.3 PERVASIVE PLAYERS
    • 11.7.4 PARTICIPANTS
    • 11.7.5 COMPANY FOOTPRINT, KEY PLAYERS, 2024
      • 11.7.5.1 Company footprint
      • 11.7.5.2 Regional footprint
      • 11.7.5.3 End user footprint
      • 11.7.5.4 Fuel type footprint
      • 11.7.5.5 Size footprint
  • 11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
    • 11.8.1 PROGRESSIVE COMPANIES
    • 11.8.2 RESPONSIVE COMPANIES
    • 11.8.3 DYNAMIC COMPANIES
    • 11.8.4 STARTING BLOCKS
    • 11.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
      • 11.8.5.1 Detailed List of key startups/SMEs
      • 11.8.5.2 Competitive benchmarking of key startups/SMEs
  • 11.9 COMPETITIVE SCENARIO
    • 11.9.1 PRODUCT LAUNCHES
    • 11.9.2 DEALS
    • 11.9.3 EXPANSIONS
    • 11.9.4 OTHER DEVELOPMENTS

12 COMPANY PROFILES

  • 12.1 KEY PLAYERS
    • 12.1.1 BLOOM ENERGY
      • 12.1.1.1 Business overview
      • 12.1.1.2 Products/Solutions/Services offered
      • 12.1.1.3 Recent developments
        • 12.1.1.3.1 Deals
        • 12.1.1.3.2 Expansions
        • 12.1.1.3.3 Other developments
      • 12.1.1.4 MnM view
        • 12.1.1.4.1 Right to win
        • 12.1.1.4.2 Strategic choices
        • 12.1.1.4.3 Weaknesses and competitive threats
    • 12.1.2 DOOSAN FUEL CELL CO., LTD.
      • 12.1.2.1 Business overview
      • 12.1.2.2 Products offered
      • 12.1.2.3 Recent developments
        • 12.1.2.3.1 Deals
        • 12.1.2.3.2 Expansions
      • 12.1.2.4 MnM view
        • 12.1.2.4.1 Right to win
        • 12.1.2.4.2 Strategic choices
        • 12.1.2.4.3 Weaknesses and competitive threats
    • 12.1.3 POWERCELL SWEDEN AB
      • 12.1.3.1 Business overview
      • 12.1.3.2 Products offered
      • 12.1.3.3 Recent developments
        • 12.1.3.3.1 Product launches
        • 12.1.3.3.2 Deals
        • 12.1.3.3.3 Expansions
        • 12.1.3.3.4 Others developments
      • 12.1.3.4 MnM view
        • 12.1.3.4.1 Right to win
        • 12.1.3.4.2 Strategic choices
        • 12.1.3.4.3 Weaknesses and competitive threats
    • 12.1.4 BALLARD POWER SYSTEMS
      • 12.1.4.1 Business overview
      • 12.1.4.2 Products offered
      • 12.1.4.3 Recent developments
        • 12.1.4.3.1 Product launches
        • 12.1.4.3.2 Deals
        • 12.1.4.3.3 Other Developments
      • 12.1.4.4 MnM View
        • 12.1.4.4.1 Right to win
        • 12.1.4.4.2 Strategic choices
        • 12.1.4.4.3 Weaknesses and competitive threats
    • 12.1.5 NEDSTACK FUEL CELL TECHNOLOGY
      • 12.1.5.1 Business overview
      • 12.1.5.2 Products offered
      • 12.1.5.3 Recent developments
        • 12.1.5.3.1 Deals
        • 12.1.5.3.2 Other Developments
      • 12.1.5.4 MnM View
        • 12.1.5.4.1 Right to win
        • 12.1.5.4.2 Strategic choices
        • 12.1.5.4.3 Weaknesses/Competitive threats
    • 12.1.6 PLUG POWER INC.
      • 12.1.6.1 Business overview
      • 12.1.6.2 Products offered
      • 12.1.6.3 MnM View
        • 12.1.6.3.1 Right to win
        • 12.1.6.3.2 Strategic choices
        • 12.1.6.3.3 Weaknesses/Competitive threats
    • 12.1.7 ABB
      • 12.1.7.1 Business overview
      • 12.1.7.2 Products offered
      • 12.1.7.3 Recent developments
        • 12.1.7.3.1 Deals
        • 12.1.7.3.2 Other developments
    • 12.1.8 ZEPP.SOLUTIONS B.V.
      • 12.1.8.1 Business overview
      • 12.1.8.2 Products offered
      • 12.1.8.3 Recent developments
        • 12.1.8.3.1 Product Launch
        • 12.1.8.3.2 Expansions
        • 12.1.8.3.3 Other developments
    • 12.1.9 SIEMENS ENERGY
      • 12.1.9.1 Business overview
      • 12.1.9.2 Products offered
      • 12.1.9.3 Recent developments
        • 12.1.9.3.1 Deals
        • 12.1.9.3.2 Other developments
    • 12.1.10 CUMMINS INC.
      • 12.1.10.1 Business overview
      • 12.1.10.2 Products offered
      • 12.1.10.3 Recent developments
        • 12.1.10.3.1 Product launches
        • 12.1.10.3.2 Other developments
    • 12.1.11 AFC ENERGY
      • 12.1.11.1 Business overview
      • 12.1.11.2 Products offered
      • 12.1.11.3 Recent developments
        • 12.1.11.3.1 Product launches
        • 12.1.11.3.2 Deals
        • 12.1.11.3.3 Expansions
    • 12.1.12 TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION
      • 12.1.12.1 Business overview
      • 12.1.12.2 Products offered
      • 12.1.12.3 Recent developments
        • 12.1.12.3.1 Deals
    • 12.1.13 PROTON MOTOR FUEL CELL GMBH
      • 12.1.13.1 Business overview
      • 12.1.13.2 Products offered
      • 12.1.13.3 Recent developments
        • 12.1.13.3.1 Product launches
        • 12.1.13.3.2 Deals
        • 12.1.13.3.3 Other Developments
    • 12.1.14 PANASONIC CORPORATION
      • 12.1.14.1 Business overview
      • 12.1.14.2 Products offered
      • 12.1.14.3 Recent developments
        • 12.1.14.3.1 Product launches
        • 12.1.14.3.2 Deals
        • 12.1.14.3.3 Expansions
    • 12.1.15 EODEV
      • 12.1.15.1 Business overview
      • 12.1.15.2 Products offered
      • 12.1.15.3 Recent developments
        • 12.1.15.3.1 Deals
        • 12.1.15.3.2 Expansions
        • 12.1.15.3.3 Other developments
    • 12.1.16 GENCELL LTD.
      • 12.1.16.1 Business overview
      • 12.1.16.2 Products offered
  • 12.2 OTHER PLAYERS
    • 12.2.1 FUJI ELECTRIC CO., LTD.
    • 12.2.2 POWERUP ENERGY TECHNOLOGIES
    • 12.2.3 HORIZON FUEL CELL TECHNOLOGIES
    • 12.2.4 UPSTART POWER
    • 12.2.5 FREUDENBERG SEALING TECHNOLOGIES GMBH & CO. KG
    • 12.2.6 BOC LIMITED
    • 12.2.7 H2SYS
    • 12.2.8 GREENAMP TECHNOS (OPC) PRIVATE LIMITED
    • 12.2.9 YANMAR HOLDINGS CO., LTD

13 APPENDIX

  • 13.1 INSIGHTS FROM INDUSTRY EXPERTS
  • 13.2 DISCUSSION GUIDE
  • 13.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 13.4 CUSTOMIZATION OPTIONS
  • 13.5 RELATED REPORTS
  • 13.6 AUTHOR DETAILS

List of Tables

  • TABLE 1 INCLUSIONS AND EXCLUSIONS
  • TABLE 2 FUEL CELL GENERATOR MARKET SNAPSHOT
  • TABLE 3 POLICIES BY MAJOR ECONOMIES TO STIMULATE HYDROGEN DEMAND
  • TABLE 4 PEM STACK COMPONENT COST SUMMARY FOR 5 KW BACKUP SYSTEM, 2022-2024 (USD)
  • TABLE 5 PEM BALANCE OF PLANT (BOP) COST SUMMARY FOR 5 KW BACKUP SYSTEM, 2022-2024 (USD)
  • TABLE 6 5 KW BACKUP SYSTEM BOP COST DISTRIBUTION
  • TABLE 7 PEM STACK COMPONENT COST SUMMARY FOR 10 KW BACKUP SYSTEM, 2022-2024 (USD)
  • TABLE 8 PEM BALANCE OF PLANT (BOP) COST SUMMARY FOR 10 KW BACKUP SYSTEM, 2022-2024 (USD)
  • TABLE 9 10 KW BACKUP SYSTEM BOP COST DISTRIBUTION
  • TABLE 10 PEM STACK COMPONENT COST SUMMARY FOR 100 KW AND 250 KW SYSTEMS, 2022-2024 (USD)
  • TABLE 11 PEM STACK MANUFACTURING COST SUMMARY: 100 KW AND 250 KW SYSTEM, 2022-2024 (USD)
  • TABLE 12 ROLE OF COMPANIES IN FUEL CELL GENERATOR ECOSYSTEM
  • TABLE 13 LIST OF KEY PATENTS, 2024-2025
  • TABLE 14 IMPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS, BY COUNTRY, 2022-2024 (USD THOUSAND)
  • TABLE 15 EXPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS, BY COUNTRY, 2022-2024 (USD THOUSAND)
  • TABLE 16 LIST OF KEY CONFERENCES AND EVENTS, 2025-2026
  • TABLE 17 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 18 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 19 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 20 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 21 NORTH AMERICA: FUEL CELL GENERATOR MARKET, REGULATORY FRAMEWORK
  • TABLE 22 EUROPE: FUEL CELL GENERATOR MARKET, REGULATORY FRAMEWORK
  • TABLE 23 ASIA PACIFIC: FUEL CELL GENERATOR MARKET, REGULATORY FRAMEWORK
  • TABLE 24 PORTER'S FIVE FORCES ANALYSIS
  • TABLE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR VARIOUS GENERATOR SIZES
  • TABLE 26 KEY BUYING CRITERIA FOR VARIOUS GENERATOR SIZES
  • TABLE 27 US: ADJUSTED RECIPROCAL TARIFF RATES, 2024 (USD BILLION)
  • TABLE 28 EXPECTED CHANGE IN PRICES AND LIKELY IMPACT ON END USE MARKET DUE TO TARIFF IMPACT
  • TABLE 29 FUEL CELL GENERATOR MARKET, BY SIZE, 2020-2024 (USD MILLION)
  • TABLE 30 FUEL CELL GENERATOR MARKET, BY SIZE, 2025-2030 (USD MILLION)
  • TABLE 31 PRODUCT AVAILABILITY STATUS OF MARKET PLAYERS, BY SIZE
  • TABLE 32 FUEL CELL GENERATOR MARKET, BY FUEL TYPE, 2020-2024 (USD MILLION)
  • TABLE 33 FUEL CELL GENERATOR MARKET, BY FUEL TYPE, 2025-2030 (USD MILLION)
  • TABLE 34 PRODUCT AVAILABILITY STATUS OF MARKET PLAYERS, BY FUEL TYPE
  • TABLE 35 FUEL CELL GENERATOR MARKET, BY END USER, 2020-2024 (MW)
  • TABLE 36 FUEL CELL GENERATOR MARKET, BY END USER, 2025-2030 (MW)
  • TABLE 37 FUEL CELL GENERATOR MARKET, BY END USER, 2020-2024 (USD MILLION)
  • TABLE 38 FUEL CELL GENERATOR MARKET, BY END USER, 2025-2030 (USD MILLION)
  • TABLE 39 PRODUCT AVAILABILITY STATUS OF MARKET PLAYERS, BY END USER
  • TABLE 40 FUEL CELL GENERATOR MARKET, BY REGION, 2020-2024 (MW)
  • TABLE 41 FUEL CELL GENERATOR MARKET, BY REGION, 2025-2030 (MW)
  • TABLE 42 FUEL CELL GENERATOR MARKET, BY REGION, 2020-2024 (USD MILLION)
  • TABLE 43 FUEL CELL GENERATOR MARKET, BY REGION, 2025-2030 (USD MILLION)
  • TABLE 44 FUEL CELL TECHNOLOGY KEY PROJECTS IN ASIA PACIFIC
  • TABLE 45 CHINA: CO2 EMISSIONS, 2015-2023 (TONNES PER CAPITA)
  • TABLE 46 CHINA: NUMBER OF SHIPS, 2016-2021
  • TABLE 47 INDIA: CO2 EMISSIONS, 2010-2021 (TONNES PER CAPITA)
  • TABLE 48 JAPAN: CO2 EMISSIONS, 2015-2023 (TONNES PER CAPITA)
  • TABLE 49 JAPAN: NUMBER OF SHIPS, 2016-2021
  • TABLE 50 FUEL CELL TECHNOLOGY KEY PROJECTS IN NORTH AMERICA
  • TABLE 51 US: CO2 EMISSIONS, 2010-2022 (TONNES PER CAPITA)
  • TABLE 52 US: NUMBER OF SHIPS, 2016-2021
  • TABLE 53 CANADA: CO2 EMISSIONS, 2010-2021 (TONNES PER CAPITA)
  • TABLE 54 FUEL CELL TECHNOLOGY KEY PROJECTS IN EUROPE
  • TABLE 55 GERMANY: CO2 EMISSIONS, 2010-2021 (TONNES PER CAPITA)
  • TABLE 56 GERMANY: NUMBER OF SHIPS, 2016-2021
  • TABLE 57 UK: CO2 EMISSIONS, 2010-2021 (TONNES PER CAPITA)
  • TABLE 58 UK: NUMBER OF SHIPS, 2016-2021
  • TABLE 59 FRANCE: CO2 EMISSIONS, 2010-2021 (TONNES PER CAPITA)
  • TABLE 60 FRANCE: NUMBER OF SHIPS, 2016-2021
  • TABLE 61 ROW: CO2 EMISSIONS (TONNES PER CAPITA), 2010-2019
  • TABLE 62 FUEL CELL GENERATOR MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2021-2025
  • TABLE 63 FUEL CELL GENERATOR MARKET: DEGREE OF COMPETITION, 2024
  • TABLE 64 FUEL CELL GENERATOR MARKET: REGIONAL FOOTPRINT, 2024
  • TABLE 65 FUEL CELL GENERATOR MARKET: END USER FOOTPRINT, 2024
  • TABLE 66 FUEL CELL GENERATOR MARKET: FUEL TYPE FOOTPRINT, 2024
  • TABLE 67 FUEL CELL GENERATOR MARKET: SIZE FOOTPRINT, 2024
  • TABLE 68 FUEL CELL GENERATOR MARKET: KEY STARTUPS/SMES, 2024
  • TABLE 69 FUEL CELL GENERATOR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, 2024
  • TABLE 70 FUEL CELL GENERATOR MARKET: PRODUCT LAUNCHES, JANUARY 2020-JUNE 2025
  • TABLE 71 FUEL CELL GENERATOR MARKET: DEALS, JANUARY 2020-JUNE 2025
  • TABLE 72 FUEL CELL GENERATOR MARKET: EXPANSIONS, JANUARY 2020-JUNE 2025
  • TABLE 73 FUEL CELL GENERATOR MARKET: OTHER DEVELOPMENTS, JANUARY 2020-JUNE 2025
  • TABLE 74 BLOOM ENERGY: COMPANY OVERVIEW
  • TABLE 75 BLOOM ENERGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 76 BLOOM ENERGY: DEALS
  • TABLE 77 BLOOM ENERGY: EXPANSIONS
  • TABLE 78 BLOOM ENERGY: OTHER DEVELOPMENTS
  • TABLE 79 DOOSAN FUEL CELL CO., LTD.: COMPANY OVERVIEW
  • TABLE 80 DOOSAN FUEL CELL CO., LTD.: PRODUCTS OFFERED
  • TABLE 81 DOOSAN FUEL CELL CO., LTD.: DEALS
  • TABLE 82 DOOSAN FUEL CELL CO., LTD.: EXPANSIONS
  • TABLE 83 POWERCELL SWEDEN AB: COMPANY OVERVIEW
  • TABLE 84 POWERCELL SWEDEN AB: PRODUCTS OFFERED
  • TABLE 85 POWERCELL SWEDEN AB: PRODUCT LAUNCHES
  • TABLE 86 POWERCELL SWEDEN AB: DEALS
  • TABLE 87 POWERCELL SWEDEN AB: EXPANSIONS
  • TABLE 88 POWERCELL SWEDEN AB: OTHER DEVELOPMENTS
  • TABLE 89 BALLARD POWER SYSTEMS: COMPANY OVERVIEW
  • TABLE 90 BALLARD POWER SYSTEMS: PRODUCTS OFFERED
  • TABLE 91 BALLARD POWER SYSTEMS: PRODUCT LAUNCHES
  • TABLE 92 BALLARD POWER SYSTEMS: DEALS
  • TABLE 93 BALLARD POWER SYSTEMS: OTHER DEVELOPMENTS
  • TABLE 94 NEDSTACK FUEL CELL TECHNOLOGY: COMPANY OVERVIEW
  • TABLE 95 NEDSTACK FUEL CELL TECHNOLOGY: PRODUCTS OFFERED
  • TABLE 96 NEDSTACK FUEL CELL TECHNOLOGY: DEALS
  • TABLE 97 NEDSTACK FUEL CELL TECHNOLOGY: OTHER DEVELOPMENTS
  • TABLE 98 PLUG POWER INC.: COMPANY OVERVIEW
  • TABLE 99 PLUG POWER INC.: PRODUCTS OFFERED
  • TABLE 100 ABB: COMPANY OVERVIEW
  • TABLE 101 ABB: PRODUCTS OFFERED
  • TABLE 102 ABB: DEALS
  • TABLE 103 ABB: OTHER DEVELOPMENTS
  • TABLE 104 ZEPP.SOLUTIONS B.V.: COMPANY OVERVIEW
  • TABLE 105 ZEPP.SOLUTIONS B.V.: PRODUCTS OFFERED
  • TABLE 106 ZEPP.SOLUTIONS B.V.: PRODUCT LAUNCH
  • TABLE 107 ZEPP.SOLUTIONS B.V.: EXPANSIONS
  • TABLE 108 ZEPP.SOLUTIONS B.V.: OTHER DEVELOPMENTS
  • TABLE 109 SIEMENS ENERGY: COMPANY OVERVIEW
  • TABLE 110 SIEMENS ENERGY: PRODUCTS OFFERED
  • TABLE 111 SIEMENS ENERGY: DEALS
  • TABLE 112 SIEMENS ENERGY: OTHER DEVELOPMENTS
  • TABLE 113 CUMMINS INC.: BUSINESS OVERVIEW
  • TABLE 114 CUMMINS INC.: PRODUCTS OFFERED
  • TABLE 115 CUMMINS INC.: PRODUCT LAUNCHES
  • TABLE 116 CUMMINS INC.: OTHER DEVELOPMENTS
  • TABLE 117 AFC ENERGY: BUSINESS OVERVIEW
  • TABLE 118 AFC ENERGY: PRODUCTS OFFERED
  • TABLE 119 AFC ENERGY: PRODUCT LAUNCHES
  • TABLE 120 AFC ENERGY: DEALS
  • TABLE 121 AFC ENERGY: EXPANSIONS
  • TABLE 122 TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION: COMPANY OVERVIEW
  • TABLE 123 TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION: PRODUCTS OFFERED
  • TABLE 124 TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION: DEALS
  • TABLE 125 PROTON MOTOR FUEL CELL GMBH: COMPANY OVERVIEW
  • TABLE 126 PROTON MOTOR FUEL CELL GMBH: PRODUCTS OFFERED
  • TABLE 127 PROTON MOTOR FUEL CELL GMBH: PRODUCT LAUNCHES
  • TABLE 128 PROTON MOTOR FUEL CELL GMBH: DEALS
  • TABLE 129 PROTON MOTOR FUEL CELL GMBH: OTHER DEVELOPMENTS
  • TABLE 130 PANASONIC CORPORATION: COMPANY OVERVIEW
  • TABLE 131 PANASONIC CORPORATION: PRODUCTS OFFERED
  • TABLE 132 PANASONIC CORPORATION: PRODUCT LAUNCHES
  • TABLE 133 PANASONIC CORPORATION: DEALS
  • TABLE 134 PANASONIC CORPORATION: EXPANSIONS
  • TABLE 135 EODEV: BUSINESS OVERVIEW
  • TABLE 136 EODEV: PRODUCTS OFFERED
  • TABLE 137 EODEV: DEALS
  • TABLE 138 EODEV: EXPANSIONS
  • TABLE 139 EODEV: OTHER DEVELOPMENTS
  • TABLE 140 GENCELL LTD.: COMPANY OVERVIEW
  • TABLE 141 GENCELL LTD.: PRODUCTS OFFERED
  • TABLE 142 FUJI ELECTRIC CO., LTD.: COMPANY OVERVIEW
  • TABLE 143 POWERUP ENERGY TECHNOLOGIES: COMPANY OVERVIEW
  • TABLE 144 HORIZON FUEL CELL TECHNOLOGIES: COMPANY OVERVIEW
  • TABLE 145 UPSTART POWER: COMPANY OVERVIEW
  • TABLE 146 FREUDENBERG SEALING TECHNOLOGIES GMBH & CO. KG: COMPANY OVERVIEW
  • TABLE 147 BOC LIMITED: COMPANY OVERVIEW
  • TABLE 148 H2SYS: COMPANY OVERVIEW
  • TABLE 149 GREENAMP TECHNOS (OPC) PRIVATE LIMITED: COMPANY OVERVIEW
  • TABLE 150 YANMAR HOLDINGS CO., LTD.: COMPANY OVERVIEW

List of Figures

  • FIGURE 1 FUEL CELL GENERATOR MARKET SEGMENTATION
  • FIGURE 2 STUDY YEARS CONSIDERED
  • FIGURE 3 FUEL CELL GENERATOR MARKET: RESEARCH DESIGN
  • FIGURE 4 DATA TRIANGULATION METHODOLOGY
  • FIGURE 5 KEY DATA FROM SECONDARY SOURCES
  • FIGURE 6 KEY INSIGHTS FROM PRIMARY SOURCES
  • FIGURE 7 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY, DESIGNATION, AND REGION
  • FIGURE 8 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF FUEL CELL GENERATORS
  • FIGURE 9 FUEL CELL GENERATOR MARKET: SUPPLY-SIDE ANALYSIS
  • FIGURE 10 FUEL CELL GENERATOR MARKET: MARKET SHARE ANALYSIS, 2024
  • FIGURE 11 NORTH AMERICA HELD LARGEST SHARE OF FUEL CELL GENERATOR MARKET IN 2024
  • FIGURE 12 DATA CENTERS TO DOMINATE FUEL CELL GENERATOR MARKET DURING FORECAST PERIOD
  • FIGURE 13 HYDROGEN FUEL CELL TO ACCOUNT FOR DOMINANT SHARE OF FUEL CELL GENERATOR MARKET IN 2030
  • FIGURE 14 SMALL-SCALE (UP TO 200 KW) GENERATORS TO LEAD FUEL CELL GENERATOR MARKET THROUGH 2030
  • FIGURE 15 RISE IN DEMAND FOR CLEAN POWER GENERATION TO BOOST ADOPTION OF FUEL CELL GENERATORS BY ENVIRONMENTALLY CONSCIOUS INDUSTRIES
  • FIGURE 16 EUROPEAN FUEL CELL GENERATOR MARKET TO EXPERIENCE HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 17 DATA CENTERS TO ACCOUNT FOR LARGEST MARKET SHARE AMONG END USERS OF FUEL CELL GENERATORS IN 2030
  • FIGURE 18 HYDROGEN FUEL CELL GENERATORS TO ACCOUNT FOR MAJORITY OF MARKET SHARE IN 2030
  • FIGURE 19 SMALL SCALE (UP TO 200 KW) TO ACCOUNT FOR LARGER MARKET SHARE IN 2030
  • FIGURE 20 FUEL CELL GENERATOR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 21 CO2 EMISSIONS FROM ENERGY COMBUSTION AND INDUSTRIAL PROCESSES, GT CO2 (2000-2022)
  • FIGURE 22 GLOBAL INVESTMENT IN CLEAN ENERGY, 2018-2025 (USD BILLION)
  • FIGURE 23 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • FIGURE 24 100 KW PEM STACK COMPONENT COST SUMMARY BREAKUP, 2024 (100 STACKS/YEAR)
  • FIGURE 25 100 KW PEM STACK COMPONENT COST SUMMARY BREAKUP, 2024 (1,000 STACKS/YEAR)
  • FIGURE 26 100 KW PEM STACK COMPONENT COST SUMMARY BREAKUP, 2024 (10,000 STACKS/YEAR)
  • FIGURE 27 100 KW PEM STACK COMPONENT COST SUMMARY BREAKUP, 2024 (50,000 STACKS/YEAR)
  • FIGURE 28 250 KW PEM STACK COMPONENT COST SUMMARY BREAKUP, 2024 (100 STACKS/YEAR)
  • FIGURE 29 250 KW PEM STACK COMPONENT COST SUMMARY BREAKUP, 2024 (1,000 STACKS/YEAR)
  • FIGURE 30 250 KW PEM STACK COMPONENT COST SUMMARY BREAKUP, 2024 (10,000 STACKS/YEAR)
  • FIGURE 31 250 KW PEM STACK COMPONENT COST SUMMARY BREAKUP, 2024 (50,000 STACKS/YEAR)
  • FIGURE 32 100 KW PEM STACK MANUFACTURING COST SUMMARY BREAKUP, 2024 (100 STACKS/YEAR)
  • FIGURE 33 100 KW PEM STACK MANUFACTURING COST SUMMARY BREAKUP, 2024 (1,000 STACKS/YEAR)
  • FIGURE 34 100 KW PEM STACK MANUFACTURING COST SUMMARY BREAKUP, 2024 (10,000 STACKS/YEAR)
  • FIGURE 35 100 KW PEM STACK MANUFACTURING COST SUMMARY BREAKUP, 2024 (50,000 STACKS/YEAR)
  • FIGURE 36 250 KW PEM STACK MANUFACTURING COST SUMMARY BREAKUP, 2024 (100 STACKS/YEAR)
  • FIGURE 37 250 KW PEM STACK MANUFACTURING COST SUMMARY BREAKUP, 2024 (1,000 STACKS/YEAR)
  • FIGURE 38 250 KW PEM STACK MANUFACTURING COST SUMMARY BREAKUP, 2024 (10,000 STACKS/YEAR)
  • FIGURE 39 250 KW PEM STACK MANUFACTURING COST SUMMARY BREAKUP, 2024 (50,000 STACKS/YEAR)
  • FIGURE 40 100 KW PEM BOP COST SUMMARY BREAKUP, 2024 (100 STACKS/YEAR)
  • FIGURE 41 100 KW PEM BOP COST SUMMARY BREAKUP, 2024 (1,000 STACKS/YEAR)
  • FIGURE 42 100 KW PEM BOP COST SUMMARY BREAKUP, 2024 (10,000 STACKS/YEAR)
  • FIGURE 43 100 KW PEM BOP COST SUMMARY BREAKUP, 2024 (50,000 STACKS/YEAR)
  • FIGURE 44 250 KW PEM BOP COST SUMMARY BREAKUP, 2024 (100 STACKS/YEAR)
  • FIGURE 45 250 KW PEM BOP COST SUMMARY BREAKUP, 2024 (1,000 STACKS/YEAR)
  • FIGURE 46 250 KW PEM BOP COST SUMMARY BREAKUP, 2024 (10,000 STACKS/YEAR)
  • FIGURE 47 250 KW PEM BOP COST SUMMARY BREAKUP, 2024 (50,000 STACKS/YEAR)
  • FIGURE 48 SUPPLY CHAIN ANALYSIS
  • FIGURE 49 FUEL CELL GENERATOR MARKET ECOSYSTEM
  • FIGURE 50 PATENT APPLIED AND GRANTED, 2014-2024
  • FIGURE 51 IMPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2022-2024 (USD THOUSAND)
  • FIGURE 52 EXPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2022-2024
  • FIGURE 53 PORTER'S FIVE FORCES ANALYSIS
  • FIGURE 54 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR VARIOUS GENERATOR SIZES
  • FIGURE 55 KEY BUYING CRITERIA FOR VARIOUS GENERATOR SIZES
  • FIGURE 56 IMPACT OF AI/GEN AI ON FUEL CELL GENERATOR SUPPLY CHAIN, BY REGION
  • FIGURE 57 FUEL CELL GENERATOR MARKET, BY SIZE, 2025
  • FIGURE 58 FUEL CELL GENERATOR MARKET, BY FUEL TYPE, 2024
  • FIGURE 59 FUEL CELL GENERATOR MARKET, BY END USER, 2024
  • FIGURE 60 EUROPE TO BE FASTEST-GROWING MARKET FOR FUEL CELL GENERATORS DURING FORECAST PERIOD
  • FIGURE 61 ASIA PACIFIC: FUEL CELL GENERATOR MARKET SNAPSHOT
  • FIGURE 62 NORTH AMERICA: FUEL CELL GENERATOR MARKET SNAPSHOT
  • FIGURE 63 FUEL CELL GENERATOR MARKET: REVENUE ANALYSIS OF KEY PLAYERS, 2020-2024 (USD BILLION)
  • FIGURE 64 FUEL CELL GENERATOR MARKET SHARE ANALYSIS, 2024
  • FIGURE 65 COMPANY VALUATION, 2024 (USD MILLION)
  • FIGURE 66 COMPANY VALUATION AND FINANCIAL METRICS OF KEY VENDORS, 2024
  • FIGURE 67 BRAND/PRODUCT COMPARISON
  • FIGURE 68 FUEL CELL GENERATOR MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024
  • FIGURE 69 FUEL CELL GENERATOR MARKET: COMPANY FOOTPRINT, 2024
  • FIGURE 70 FUEL CELL GENERATOR MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024
  • FIGURE 71 BLOOM ENERGY: COMPANY SNAPSHOT
  • FIGURE 72 DOOSAN FUEL CELL CO., LTD.: COMPANY SNAPSHOT
  • FIGURE 73 POWERCELL SWEDEN AB: COMPANY SNAPSHOT
  • FIGURE 74 BALLARD POWER SYSTEMS: COMPANY SNAPSHOT
  • FIGURE 75 PLUG POWER INC.: COMPANY SNAPSHOT
  • FIGURE 76 ABB: COMPANY SNAPSHOT
  • FIGURE 77 SIEMENS ENERGY: COMPANY SNAPSHOT
  • FIGURE 78 CUMMINS INC.: COMPANY SNAPSHOT
  • FIGURE 79 AFC ENERGY: COMPANY SNAPSHOT
  • FIGURE 80 TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION: COMPANY SNAPSHOT
  • FIGURE 81 PANASONIC CORPORATION: COMPANY SNAPSHOT
  • FIGURE 82 GENCELL LTD.: COMPANY SNAPSHOT