Market Analysis and Insights:
The global fuel cell test equipment market size is projected to reach US$ 970.00 million by 2028, from US$ 203.46 million in 2021, at a CAGR of 26.06% during 2022-2028. The fuel cell test equipment market is fast growing market; key players include Hephas Energy Corporation, Greenlight Innovation, HORIBA FuelCon, Dalian Rigor New Technology, CHINO Corporation, NBT Technology, Kewell Power System, Shenli Technology, Digatron Power Electronics and Zhong Ji Hydrogen Innovation the revenue of top five manufacturers accounts about 69.61% of the total revenue.
Based on the product type, the Fuel Cell Test Equipment is primarily split into Fuel Cell MEA Test System, Fuel Cell Stack Test System, Fuel Cell Engine Test System and Others. In 2021, Fuel Cell Stack Test System accounted for a share of 57.48% in the global Fuel Cell Test Equipment market. And this product segment is poised to reach US$ 546.38 million by 2028 from US$ 116.95 million in 2021. The fuel cell test equipment end user includes automotive OEMs, large stack OEMs, multi-national energy and battery technology OEMs and global research facilities, government labs and universities. Virtually every major developer of fuel cells, electrolysers and battery packs uses Greenlight equipment.
China Fuel Cell Test Equipment market size is valued at US$ 59.75 million in 2021, while the North America and Europe Fuel Cell Test Equipment are US$ 53.29 million and US$ 32.27 million, severally. The proportion of the North America is 16.01% in 2021, while China and Europe are 29.36% and 26.19% respectively, and it is predicted that China proportion will reach 32.44% in 2028, trailing a CAGR of 28.05 % through the analysis period. Japan and South Korea are noteworthy markets in Asia, with CAGR 28.28% and 26.47% respectively for the next 6-year period. As for the Europe Fuel Cell Test Equipment landscape, Germany is projected to reach US$ 74.14 million by 2028 trailing a CAGR of 23.90 % over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Fuel Cell Test Equipment market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Fuel Cell Test Equipment market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Fuel Cell Test Equipment market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Fuel Cell Test Equipment market.
Scope and Market Size:
Fuel Cell Test Equipment market is segmented by players, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Fuel Cell Test Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2017-2028.
By Company
- Hephas Energy Corporation
- Greenlight Innovation
- HORIBA FuelCon
- Dalian Rigor New Technology
- CHINO Corporation
- NBT Technology
- Kewell Power System
- Shenli Technology
- Digatron Power Electronics
- Zhong Ji Hydrogen Innovation
- Innoreagen Power Technology
- Yuke Innovation
Segment by Type
- Fuel Cell MEA Test System
- Fuel Cell Stack Test System
- Fuel Cell Engine Test System
- Others
Segment by Application
- Fuel Cell Vehicle
- Fuel Cell Generator
By Region
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
TABLE OF CONTENTS
1 Report Overview
- 1.1 Study Scope
- 1.2 Market Analysis by Type
- 1.2.1 Global Fuel Cell Test Equipment Market Size Growth Rate by Type: 2017 VS 2021 VS 2028
- 1.2.2 Fuel Cell MEA Test System
- 1.2.3 Fuel Cell Stack Test System
- 1.2.4 Fuel Cell Engine Test System
- 1.2.5 Others
- 1.3 Market by Application
- 1.3.1 Global Fuel Cell Test Equipment Market Share by Application: 2017 VS 2021 VS 2028
- 1.3.2 Fuel Cell Vehicle
- 1.3.3 Fuel Cell Generator
- 1.3.4 Fuel Cell Typical application Overview
- 1.4 Study Objectives
- 1.5 Years Considered
2 Global Growth Trends
- 2.1 Global Fuel Cell Test Equipment Market Perspective (2017-2028)
- 2.2 Fuel Cell Test Equipment Growth Trends by Region
- 2.2.1 Fuel Cell Test Equipment Market Size by Region: 2017 VS 2021 VS 2028
- 2.2.2 Fuel Cell Test Equipment Historic Market Size by Region (2017-2022)
- 2.2.3 Fuel Cell Test Equipment Forecasted Market Size by Region (2023-2028)
- 2.3 Fuel Cell Test Equipment Market Dynamics
- 2.3.1 Fuel Cell Test Equipment Industry Trends
- 2.3.2 Fuel Cell Test Equipment Market Drivers
- 2.3.3 Fuel Cell Test Equipment Market Challenges
- 2.3.4 Fuel Cell Test Equipment Key Customers
3 Competition Landscape by Key Players
- 3.1 Global Top Fuel Cell Test Equipment Players by Revenue
- 3.1.1 Global Top Fuel Cell Test Equipment Players by Revenue (2019-2022)
- 3.1.2 Global Fuel Cell Test Equipment Revenue Market Share by Players (2019-2022)
- 3.2 Global Fuel Cell Test Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.3 Players Covered: Ranking by Fuel Cell Test Equipment Revenue
- 3.4 Global Fuel Cell Test Equipment Market Concentration Ratio
- 3.4.1 Global Fuel Cell Test Equipment Market Concentration Ratio (CR5)
- 3.4.2 Global Top 10 and Top 5 Companies by Fuel Cell Test Equipment Revenue in 2021
- 3.5 Fuel Cell Test Equipment Key Players Head office and Area Served
- 3.6 Mergers & Acquisitions, Expansion Plans
4 Fuel Cell Test Equipment Breakdown Data by Type
- 4.1 Global Fuel Cell Test Equipment Historic Market Size by Type (2017-2022)
- 4.2 Global Fuel Cell Test Equipment Forecasted Market Size by Type (2023-2028)
5 Fuel Cell Test Equipment Breakdown Data by Application
- 5.1 Global Fuel Cell Test Equipment Historic Market Size by Application (2017-2022)
- 5.2 Global Fuel Cell Test Equipment Forecasted Market Size by Application (2023-2028)
6 North America
- 6.1 North America Fuel Cell Test Equipment Market Size (2017-2028)
- 6.2 North America Fuel Cell Test Equipment Market Size by Type
- 6.2.1 North America Fuel Cell Test Equipment Market Size by Type (2017-2022)
- 6.2.2 North America Fuel Cell Test Equipment Market Size by Type (2023-2028)
- 6.2.3 North America Fuel Cell Test Equipment Market Share by Type (2017-2028)
- 6.3 North America Fuel Cell Test Equipment Market Size by Application
- 6.3.1 North America Fuel Cell Test Equipment Market Size by Application (2017-2022)
- 6.3.2 North America Fuel Cell Test Equipment Market Size by Application (2023-2028)
- 6.3.3 North America Fuel Cell Test Equipment Market Share by Application (2017-2028)
- 6.4 North America Fuel Cell Test Equipment Market Size by Country
- 6.4.1 North America Fuel Cell Test Equipment Market Size by Country (2017-2022)
- 6.4.2 North America Fuel Cell Test Equipment Market Share by Country (2023-2028)
- 6.4.3 United States
- 6.4.4 Canada
7 Europe
- 7.1 Europe Fuel Cell Test Equipment Market Size (2017-2028)
- 7.2 Europe Fuel Cell Test Equipment Market Size by Type
- 7.2.1 Europe Fuel Cell Test Equipment Market Size by Type (2017-2022)
- 7.2.2 Europe Fuel Cell Test Equipment Market Size by Type (2023-2028)
- 7.2.3 Europe Fuel Cell Test Equipment Market Share by Type (2017-2028)
- 7.3 Europe Fuel Cell Test Equipment Market Size by Application
- 7.3.1 Europe Fuel Cell Test Equipment Market Size by Application (2017-2022)
- 7.3.2 Europe Fuel Cell Test Equipment Market Size by Application (2023-2028)
- 7.3.3 Europe Fuel Cell Test Equipment Market Share by Application (2017-2028)
- 7.4 Europe Fuel Cell Test Equipment Market Size by Country
- 7.4.1 Europe Fuel Cell Test Equipment Market Size by Country (2017-2022)
- 7.4.2 Europe Fuel Cell Test Equipment Market Size by Country (2023-2028)
- 7.4.3 Germany
- 7.4.4 France
- 7.4.5 U.K.
- 7.4.6 Italy
- 7.4.7 Spain
8 Asia-Pacific
- 8.1 Asia-Pacific Fuel Cell Test Equipment Market Size (2017-2028)
- 8.2 Asia-Pacific Fuel Cell Test Equipment Market Size by Type
- 8.2.1 Asia-Pacific Fuel Cell Test Equipment Market Size by Type (2017-2022)
- 8.2.2 Asia-Pacific Fuel Cell Test Equipment Market Size by Type (2023-2028)
- 8.2.3 Asia-Pacific Fuel Cell Test Equipment Market Share by Type (2017-2028)
- 8.3 Asia-Pacific Fuel Cell Test Equipment Market Size by Application
- 8.3.1 Asia-Pacific Fuel Cell Test Equipment Market Size by Application (2017-2022)
- 8.3.2 Asia-Pacific Fuel Cell Test Equipment Market Size by Application (2023-2028)
- 8.3.3 Asia-Pacific Fuel Cell Test Equipment Market Share by Application (2017-2028)
- 8.4 Asia-Pacific Fuel Cell Test Equipment Market Size by Region
- 8.4.1 Asia-Pacific Fuel Cell Test Equipment Market Size by Region (2017-2022)
- 8.4.2 Asia-Pacific Fuel Cell Test Equipment Market Size by Region (2023-2028)
- 8.4.3 China
- 8.4.4 Japan
- 8.4.5 South Korea
- 8.4.6 Southeast Asia
- 8.4.7 India
9 Latin America
- 9.1 Latin America Fuel Cell Test Equipment Market Size (2017-2028)
- 9.2 Latin America Fuel Cell Test Equipment Market Size by Type
- 9.2.1 Latin America Fuel Cell Test Equipment Market Size by Type (2017-2022)
- 9.2.2 Latin America Fuel Cell Test Equipment Market Size by Type (2023-2028)
- 9.2.3 Latin America Fuel Cell Test Equipment Market Share by Type (2017-2028)
- 9.3 Latin America Fuel Cell Test Equipment Market Size by Application
- 9.3.1 Latin America Fuel Cell Test Equipment Market Size by Application (2017-2022)
- 9.3.2 Latin America Fuel Cell Test Equipment Market Size by Application (2023-2028)
- 9.3.3 Latin America Fuel Cell Test Equipment Market Share by Application (2017-2028)
- 9.4 Latin America Fuel Cell Test Equipment Market Size by Country
- 9.4.1 Latin America Fuel Cell Test Equipment Market Size by Country (2017-2022)
- 9.4.2 Latin America Fuel Cell Test Equipment Market Size by Country (2023-2028)
- 9.4.3 Mexico
- 9.4.4 Brazil
10 Middle East & Africa
- 10.1 Middle East & Africa Fuel Cell Test Equipment Market Size (2017-2028)
- 10.2 Middle East & Africa Fuel Cell Test Equipment Market Size by Type
- 10.2.1 Middle East & Africa Fuel Cell Test Equipment Market Size by Type (2017-2022)
- 10.2.2 Middle East & Africa Fuel Cell Test Equipment Market Size by Type (2023-2028)
- 10.2.3 Middle East & Africa Fuel Cell Test Equipment Market Share by Type (2017-2028)
- 10.3 Middle East & Africa Fuel Cell Test Equipment Market Size by Application
- 10.3.1 Middle East & Africa Fuel Cell Test Equipment Market Size by Application (2017-2022)
- 10.3.2 Middle East & Africa Fuel Cell Test Equipment Market Size by Application (2023-2028)
- 10.3.3 Middle East & Africa Fuel Cell Test Equipment Market Share by Application (2017-2028)
- 10.4 Middle East & Africa Fuel Cell Test Equipment Market Size by Country
- 10.4.1 Middle East & Africa Fuel Cell Test Equipment Market Size by Country (2017-2022)
- 10.4.2 Middle East & Africa Fuel Cell Test Equipment Market Size by Country (2023-2028)
- 10.4.3 Africa
- 10.4.4 Middle East
11 Key Players Profiles
- 11.1 Hephas Energy Corporation
- 11.1.1 Hephas Energy Corporation Company Details
- 11.1.2 Hephas Energy Corporation Business Overview
- 11.1.3 Hephas Energy Corporation Fuel Cell Test Equipment Introduction
- 11.1.4 Hephas Energy Corporation Revenue in Fuel Cell Test Equipment Business (2019-2022)
- 11.1.5 Hephas Energy Corporation Recent Development
- 11.2 Greenlight Innovation
- 11.2.1 Greenlight Innovation Company Details
- 11.2.2 Greenlight Innovation Business Overview
- 11.2.3 Greenlight Innovation Fuel Cell Test Equipment Introduction
- 11.2.4 Greenlight Innovation Revenue in Fuel Cell Test Equipment Business (2019-2022)
- 11.2.5 Greenlight Innovation Recent Development
- 11.3 HORIBA FuelCon
- 11.3.1 HORIBA FuelCon Company Details
- 11.3.2 HORIBA FuelCon Business Overview
- 11.3.3 HORIBA FuelCon Fuel Cell Test Equipment Introduction
- 11.3.4 HORIBA FuelCon Revenue in Fuel Cell Test Equipment Business (2019-2022)
- 11.3.5 HORIBA FuelCon Recent Development
- 11.4 Dalian Rigor New Technology
- 11.4.1 Dalian Rigor New Technology Company Details
- 11.4.2 Dalian Rigor New Technology Business Overview
- 11.4.3 Dalian Rigor New Technology Fuel Cell Test Equipment Introduction
- 11.4.4 Dalian Rigor New Technology Revenue in Fuel Cell Test Equipment Business (2019-2022)
- 11.5 CHINO Corporation
- 11.5.1 CHINO Corporation Company Details
- 11.5.2 CHINO Corporation Business Overview
- 11.5.3 CHINO Corporation Fuel Cell Test Equipment Introduction
- 11.5.4 CHINO Corporation Revenue in Fuel Cell Test Equipment Business (2019-2022)
- 11.6 NBT Technology
- 11.6.1 NBT Technology Company Details
- 11.6.2 NBT Technology Business Overview
- 11.6.3 NBT Technology Fuel Cell Test Equipment Introduction
- 11.6.4 NBT Technology Revenue in Fuel Cell Test Equipment Business (2019-2022)
- 11.7 Kewell Power System
- 11.7.1 Kewell Power System Company Details
- 11.7.2 Kewell Power System Business Overview
- 11.7.3 Kewell Power System Fuel Cell Test Equipment Introduction
- 11.7.4 Kewell Power System Revenue in Fuel Cell Test Equipment Business (2019-2022)
- 11.8 Shenli Technology
- 11.8.1 Shenli Technology Company Details
- 11.8.2 Shenli Technology Business Overview
- 11.8.3 Shenli Technology Fuel Cell Test Equipment Introduction
- 11.8.4 Shenli Technology Revenue in Fuel Cell Test Equipment Business (2019-2022)
- 11.9 Digatron Power Electronics
- 11.9.1 Digatron Power Electronics Company Details
- 11.9.2 Digatron Power Electronics Business Overview
- 11.9.3 Digatron Power Electronics Fuel Cell Test Equipment Introduction
- 11.9.4 Digatron Power Electronics Revenue in Fuel Cell Test Equipment Business (2019-2022)
- 11.10 Zhong Ji Hydrogen Innovation
- 11.10.1 Zhong Ji Hydrogen Innovation Company Details
- 11.10.2 Zhong Ji Hydrogen Innovation Business Overview
- 11.10.3 Zhong Ji Hydrogen Innovation Fuel Cell Test Equipment Introduction
- 11.10.4 Zhong Ji Hydrogen Innovation Revenue in Fuel Cell Test Equipment Business (2019-2022)
- 11.11 Yuke Innovation
- 11.11.1 Yuke Innovation Company Details
- 11.11.2 Yuke Innovation Business Overview
- 11.11.3 Yuke Innovation Fuel Cell Test Equipment Introduction
- 11.11.4 Yuke Innovation Revenue in Fuel Cell Test Equipment Business (2019-2022)
- 11.12 Innoreagen Power Technology
- 11.12.1 Innoreagen Power Technology Company Details
- 11.12.2 Innoreagen Power Technology Business Overview
- 11.12.3 Innoreagen Power Technology Fuel Cell Test Equipment Introduction
- 11.12.4 Innoreagen Power Technology Revenue in Fuel Cell Test Equipment Business (2019-2022)
12 Analyst's Viewpoints/Conclusions
13 Appendix
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.2 Data Source
- 13.2 Disclaimer
- 13.3 Author Details