Stationary fuel cells generate electricity through an electrochemical reaction, not combustion, providing clean, efficient, and reliable off-grid power to homes, businesses, telecommunications networks, utilities, and others.
Stationary fuel cells are quiet and have very low emissions, so they can be to be installed nearly anywhere. These systems provide power on-site directly to customers, without the efficiency losses of long-range grid transmission.
Stationary fuel cell systems also take up much less space in proportion to other clean energy technologies. For instance, a 10 megawatt (MW) fuel cell installation can be sited in a about an acre of land. This is compared to about 10 acres required per MW of solar power and about 50 acres per MW of wind.
The classification of Stationary Fuel Cells includes 0-1 KW, 1-4 KW, > 4 KW, and the proportion of 0-1 KW in 2015 is about 43%.
JP & KR region is the largest supplier of Stationary Fuel Cells, with a production market share nearly 75% in 2015. USA is the second largest supplier of Stationary Fuel Cells, enjoying production market share nearly 15% in 2015.
According to this study, over the next five years the Stationary Fuel Cells market will register a 24.2% CAGR in terms of revenue, the global market size will reach USD 10900 million by 2024, from USD 2980 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Stationary Fuel Cells business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Stationary Fuel Cells market by product type, application, key manufacturers and key regions and countries.
This study considers the Stationary Fuel Cells value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
0-1 KW
1-4 KW
> 4 KW
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Telecommunications Network
Secure Communications
Other
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Panasonic
Toshiba
Siemens
Fuji Electric
POSCO ENERGY
Bloom Energy
JX Nippon
FuelCell Energy
Ballard Power
Plug Power
Doosan PureCell America
Altergy
SOLIDpower
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Stationary Fuel Cells consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Stationary Fuel Cells market by identifying its various subsegments.
Focuses on the key global Stationary Fuel Cells manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Stationary Fuel Cells with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Stationary Fuel Cells submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
