Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global Fuel Cell Stacks Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Fuel Cell Stacks industry at home and abroad, estimate the overall market scale of the Fuel Cell Stacks industry and the market share of major countries, Fuel Cell Stacks industry, and study and judge the downstream market demand of Fuel Cell Stacks through systematic research, Analyze the competition pattern of Fuel Cell Stacks, so as to help solve the pain points of various stakeholders in Fuel Cell Stacks industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019-2028) of Fuel Cell Stacks Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Fuel Cell Stacks Market?
Powercell Sweden
Nedstack
Ballard Power
Hydrogenics
Dana Incorporated
balticFuelCells
Nissan
Schunk Bahn-und Industrietechnik
Toyota
Major Type of Fuel Cell Stacks Covered in VIC Research report:
<5W Fuel Cell Stacks
5W to <100W Fuel Cell Stacks
100W to <1kW Fuel Cell Stacks
1kW to 5kW Fuel Cell Stacks
Application Segments Covered in VIC Research Market
Aerospace
Automotive
Military
Industry Production
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Fuel Cell Stacks Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Fuel Cell Stacks Market by Value
2.2.1 Global Fuel Cell Stacks Revenue by Type
2.2.2 Global Fuel Cell Stacks Market by Value
2.3 Global Fuel Cell Stacks Market by Sales
2.3.1 Global Fuel Cell Stacks Sales by Type
2.3.2 Global Fuel Cell Stacks Market by Sales
3. The Major Driver of Fuel Cell Stacks Industry
3.1 Historical & Forecast Global Fuel Cell Stacks Sales and Revenue (2019-2028)
3.2 Largest Application for Fuel Cell Stacks (2019-2028)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Fuel Cell Stacks Market
4.1 Regional Market Size in Terms of Sales (2023 & 2028)
4.2 Regional Market Share in Terms of Revenue (2023 & 2028)
4.3 Concentration Ratio (CR5& CR10) of Fuel Cell Stacks Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Fuel Cell Stacks Sales (2019-2028)
5.1 Current and Estimated Sales Breakdown by Type (2019-2028)
5.2 Current and Estimated Sales Breakdown by Application (2019-2028)
5.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
6. Europe Fuel Cell Stacks Sales (2019-2028)
6.1 Current and Estimated Sales Breakdown by Type (2019-2028)
6.2 Current and Estimated Sales Breakdown by Application (2019-2028)
6.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
7. China Fuel Cell Stacks Sales (2019-2028)
7.1 Current and Estimated Sales Breakdown by Type (2019-2028)
7.2 Current and Estimated Sales Breakdown by Application (2019-2028)
7.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
8. Japan Fuel Cell Stacks Sales (2019-2028)
8.1 Current and Estimated Sales Breakdown by Type (2019-2028)
8.2 Current and Estimated Sales Breakdown by Application (2019-2028)
8.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
9. India Fuel Cell Stacks Sales (2019-2028)
9.1 Current and Estimated Sales Breakdown by Type (2019-2028)
9.2 Current and Estimated Sales Breakdown by Application (2019-2028)
9.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
10. Korea Fuel Cell Stacks Sales (2019-2028)
10.1 Current and Estimated Sales Breakdown by Type (2019-2028)
10.2 Current and Estimated Sales Breakdown by Application (2019-2028)
10.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
11. Southeast Asia Fuel Cell Stacks Sales (2019-2028)
11.1 Current and Estimated Sales Breakdown by Type (2019-2028)
11.2 Current and Estimated Sales Breakdown by Application (2019-2028)
11.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
12. South America Fuel Cell Stacks Sales (2019-2028)
12.1 Current and Estimated Sales Breakdown by Type (2019-2028)
12.2 Current and Estimated Sales Breakdown by Application (2019-2028)
12.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
12.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
13. Global Fuel Cell Stacks Average Price Trend
13.1 Market Price for Each Type of Fuel Cell Stacks in US (2019-2023)
13.2 Market Price for Each Type of Fuel Cell Stacks in Europe (2019-2023)
13.3 Market Price for Each Type of Fuel Cell Stacks in China (2019-2023)
13.4 Market Price for Each Type of Fuel Cell Stacks in Japan (2019-2023)
13.5 Market Price for Each Type of Fuel Cell Stacks in India (2019-2023)
13.6 Market Price for Each Type of Fuel Cell Stacks in Korea (2019-2023)
13.7 Market Price for Each Type of Fuel Cell Stacks in Southeast Asia (2019-2023)
13.8 Market Price for Each Type of Fuel Cell Stacks in South America (2019-2023)
14. Industrial Chain (Impact of COVID-19)
14.1 Fuel Cell Stacks Industrial Chain Analysis
14.2 Downstream
14.3 Impact of COVID-19
14.4 Post-pandemic Era
14.5 Technology Trends of Fuel Cell Stacks
15. Fuel Cell Stacks Competitive Landscape
15.1 Powercell Sweden
15.1.1 Powercell Sweden Company Profiles
15.1.2 Powercell Sweden Product Introduction
15.1.3 Powercell Sweden Fuel Cell Stacks Sales, Revenue (2019-2023)
15.1.4 Strategic initiatives
15.2 Nedstack
15.2.1 Nedstack Company Profiles
15.2.2 Nedstack Product Introduction
15.2.3 Nedstack Fuel Cell Stacks Sales, Revenue (2019-2023)
15.2.4 Strategic initiatives
15.3 Ballard Power
15.3.1 Ballard Power Company Profiles
15.3.2 Ballard Power Product Introduction
15.3.3 Ballard Power Fuel Cell Stacks Sales, Revenue (2019-2023)
15.3.4 Strategic initiatives
15.4 Hydrogenics
15.4.1 Hydrogenics Company Profiles
15.4.2 Hydrogenics Product Introduction
15.4.3 Hydrogenics Fuel Cell Stacks Sales, Revenue (2019-2023)
15.4.4 Strategic initiatives
15.5 Dana Incorporated
15.5.1 Dana Incorporated Company Profiles
15.5.2 Dana Incorporated Product Introduction
15.5.3 Dana Incorporated Fuel Cell Stacks Sales, Revenue (2019-2023)
15.5.4 Strategic initiatives
15.6 balticFuelCells
15.6.1 balticFuelCells Company Profiles
15.6.2 balticFuelCells Product Introduction
15.6.3 balticFuelCells Fuel Cell Stacks Sales, Revenue (2019-2023)
15.6.4 Strategic initiatives
15.7 Nissan
15.7.1 Nissan Company Profiles
15.7.2 Nissan Product Introduction
15.7.3 Nissan Fuel Cell Stacks Sales, Revenue (2019-2023)
15.7.4 Strategic initiatives
15.8 Schunk Bahn-und Industrietechnik
15.8.1 Schunk Bahn-und Industrietechnik Company Profiles
15.8.2 Schunk Bahn-und Industrietechnik Product Introduction
15.8.3 Schunk Bahn-und Industrietechnik Fuel Cell Stacks Sales, Revenue (2019-2023)
15.8.4 Strategic initiatives
15.9 Toyota
15.9.1 Toyota Company Profiles
15.9.2 Toyota Product Introduction
15.9.3 Toyota Fuel Cell Stacks Sales, Revenue (2019-2023)
15.9.4 Strategic initiatives
16. Conclusion
17. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Sales by Application of Fuel Cell Stacks Industry (Volume)
Figure 2. Fuel Cell Stacks Sales by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2023&2028)
Figure 4. The Top 10 and 5 Players Market Share by Fuel Cell Stacks Revenue in 2023
Figure 5. US Fuel Cell Stacks Sales (2019-2028)
Figure 6. Sales Breakdown by Type (%)
Figure 7. Sales Breakdown by Type (%)
Figure 8. Sales Breakdown by Application (%)
Figure 9. Revenue Breakdown by Type (%)
Figure 10. Revenue Breakdown by Application (%)
Figure 11. Europe Fuel Cell Stacks Sales (2019-2028)
Figure 12. Sales Breakdown by Type (%)
Figure 13. Sales Breakdown by Type (%)
Figure 14. Sales Breakdown by Application (%)
Figure 15. Revenue Breakdown by Type (%)
Figure 16. Revenue Breakdown by Application (%)
Figure 17. China Fuel Cell Stacks Sales (2019-2028)
Figure 18. Sales Breakdown by Type (%)
Figure 19. Sales Breakdown by Type (%)
Figure 20. Sales Breakdown by Application (%)
Figure 21. Current and Estimated Revenue Breakdown by Type
Figure 22. Revenue Breakdown by Type (%)
Figure 23. Revenue Breakdown by Application (%)
Figure 24. Japan Fuel Cell Stacks Sales (2019-2028)
Figure 25. Sales Breakdown by Type (%)
Figure 26. Sales Breakdown by Type (%)
Figure 27. Sales Breakdown by Application (%)
Figure 28. Revenue Breakdown by Type (%)
Figure 29. Revenue Breakdown by Application (%)
Figure 30. India Fuel Cell Stacks Sales (2019-2028)
Figure 31. Sales Breakdown by Type (%)
Figure 32. Sales Breakdown by Type (%)
Figure 33. Sales Breakdown by Application (%)
Figure 34. Revenue Breakdown by Type (%)
Figure 35. Revenue Breakdown by Application (%)
Figure 36. Korea Fuel Cell Stacks Sales (2019-2028)
Figure 37. Sales Breakdown by Type (%)
Figure 38. Sales Breakdown by Type (%)
Figure 39. Sales Breakdown by Application (%)
Figure 40. Revenue Breakdown by Type (%)
Figure 41. Revenue Breakdown by Application (%)
Figure 42. Southeast Asia Fuel Cell Stacks Sales (2019-2028)
Figure 43. Current and Estimated Sales Breakdown by Type (2019-2028)
Figure 44. Sales Breakdown by Type (%)
Figure 45. Sales Breakdown by Type (%)
Figure 46. Revenue Breakdown by Type (%)
Figure 47. Revenue Breakdown by Application (%)
Figure 48. Industrial Chain
Table 1. Top Manufacturers and Market Segmentation
Table 2. Product Introduction, Application, Picture
Table 3. Fuel Cell Stacks Revenue, by Type (Million USD) (2019-2028)
Table 4. Fuel Cell Stacks Sales, by Type (K Unit) (2019-2028)
Table 5. Fuel Cell Stacks Sales (K Unit) by Application (2019-2028)
Table 6. Fuel Cell Stacks Sales (Million USD) by Application (2019-2028)
Table 7. The Major Downstream Company in China
Table 8. Regional Market Share in Terms of Sales (2023)
Table 9. Regional Market Share in Terms of Revenue (2023&2028)
Table 10. Ranking of Global Top Fuel Cell Stacks Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Fuel Cell Stacks Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 13. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 14. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 15. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Fuel Cell Stacks Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 19. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 20. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 21. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Fuel Cell Stacks Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 25. Table Current and Estimated Sales Breakdown by Type
Table 26. Current and Estimated Sales Breakdown by Type
Table 27. Current and Estimated Sales Breakdown by Application
Table 28. Current and Estimated Revenue Breakdown by Application
Table 29. Japan Fuel Cell Stacks Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 30. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 31. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 32. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Fuel Cell Stacks Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 36. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 37. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 38. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Fuel Cell Stacks Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 42. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 43. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 44. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Fuel Cell Stacks Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 48. Table Current and Estimated Sales Breakdown by Type (2019-2028)
Table 49. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 50. Current and Estimated Revenue Breakdown by Type
Table 51. Current and Estimated Revenue Breakdown by Application
Table 52. Market Price (USD/Unit) for Each Type of Fuel Cell Stacks in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Fuel Cell Stacks in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Fuel Cell Stacks in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Fuel Cell Stacks in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Fuel Cell Stacks in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Fuel Cell Stacks in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Fuel Cell Stacks in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. Powercell Sweden Profiles
Table 61. Powercell Sweden Fuel Cell Stacks Product Introduction
Table 62. Powercell Sweden Fuel Cell Stacks Sales (Unit), Revenue (Million USD) (2019-2023)
Table 63. Powercell Sweden Strategic initiatives
Table 64. Nedstack Profiles
Table 65. Nedstack Fuel Cell Stacks Product Introduction
Table 66. Nedstack Fuel Cell Stacks Sales (Unit), Revenue (Million USD) (2019-2023)
Table 67. Nedstack Strategic initiatives
Table 68. Ballard Power Profiles
Table 69. Ballard Power Fuel Cell Stacks Product Introduction
Table 70. Ballard Power Fuel Cell Stacks Sales (Unit), Revenue (Million USD) (2019-2023)
Table 71. Ballard Power Strategic initiatives
Table 72. Hydrogenics Profiles
Table 73. Hydrogenics Fuel Cell Stacks Product Introduction
Table 74. Hydrogenics Fuel Cell Stacks Sales (Unit), Revenue (Million USD) (2019-2023)
Table 75. Hydrogenics Strategic initiatives
Table 76. Dana Incorporated Profiles
Table 77. Dana Incorporated Fuel Cell Stacks Product Introduction
Table 78. Dana Incorporated Fuel Cell Stacks Sales (Unit), Revenue (Million USD) (2019-2023)
Table 79. Dana Incorporated Strategic initiatives
Table 80. balticFuelCells Profiles
Table 81. balticFuelCells Fuel Cell Stacks Product Introduction
Table 82. balticFuelCells Fuel Cell Stacks Sales (Unit), Revenue (Million USD) (2019-2023)
Table 83. balticFuelCells Strategic initiatives
Table 84. Nissan Profiles
Table 85. Nissan Fuel Cell Stacks Product Introduction
Table 86. Nissan Fuel Cell Stacks Sales (Unit), Revenue (Million USD) (2019-2023)
Table 87. Nissan Strategic initiatives
Table 88. Schunk Bahn-und Industrietechnik Profiles
Table 89. Schunk Bahn-und Industrietechnik Fuel Cell Stacks Product Introduction
Table 90. Schunk Bahn-und Industrietechnik Fuel Cell Stacks Sales (Unit), Revenue (Million USD) (2019-2023)
Table 91. Schunk Bahn-und Industrietechnik Strategic initiatives
Table 92. Toyota Profiles
Table 93. Toyota Fuel Cell Stacks Product Introduction
Table 94. Toyota Fuel Cell Stacks Sales (Unit), Revenue (Million USD) (2019-2023)
Table 95. Toyota Strategic initiatives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.