List of Tables:

Table 1. Snapshot of Global Fuel Cell Market in Balanced Perspective, 2021-2031 20
Table 2. World Economic Outlook, 2021-2031 25
Table 3. Pricing Trend of Lithium-ion Battery, USD per kWh, 2016-2031 31
Table 4. Main Product Trends and Market Opportunities in Global Fuel Cell Market 35
Table 5. Comparison of Fuel Cell Products 43
Table 6. Global Fuel Cell Market by Product, 2021-2031, Revenue ($ mn) 44
Table 7. Global Fuel Cell Market by Product, 2021-2031, Capacity (MW) 46
Table 8. Global Fuel Cell Market by Product, 2021-2031, Volume (units) 48
Table 9. Global Fuel Cell Market by Product: Proton Exchange Membrane Fuel Cell (PEMFC), 2021-2031, Revenue ($ mn)/Capacity (MW)/Volume (units) 50
Table 10. Global Fuel Cell Market by Product: Phosphoric Acid Fuel Cell (PAFC), 2021-2031, Revenue ($ mn)/Capacity (MW)/Volume (units) 51
Table 11. Global Fuel Cell Market by Product: Solid Oxide Fuel Cell (SOFC), 2021-2031, Revenue ($ mn)/Capacity (MW)/Volume (units) 52
Table 12. Global Fuel Cell Market by Product: Molten Carbonate Fuel Cell (MCFC), 2021-2031, Revenue ($ mn)/Capacity (MW)/Volume (units) 53
Table 13. Global Fuel Cell Market by Product: Direct Methanol Fuel Cell (DMFC), 2021-2031, Revenue ($ mn)/Capacity (MW)/Volume (units) 54
Table 14. Global Fuel Cell Market by Product: Alkaline Fuel Cell (AFC), 2021-2031, Revenue ($ mn)/Capacity (MW)/Volume (units) 55
Table 15. Global Fuel Cell Market by Product: Other Fuel Cells, 2021-2031, Revenue ($ mn)/Capacity (MW)/Volume (units) 56
Table 16. Global Fuel Cell Market by Capacity, 2021-2031, $ mn 57
Table 17. Global Fuel Cell Market by Application, 2021-2031, Revenue ($ mn) 61
Table 18. Global Fuel Cell Market by Application, 2021-2031, Capacity (MW) 63
Table 19. Global Fuel Cell Market by Application, 2021-2031, Volume (units) 65
Table 20. Global Fuel Cell Market by by Application: Stationary, 2021-2031, Revenue ($ mn)/Capacity (MW)/Volume (units) 67
Table 21. Global Fuel Cell Market by by Application: Transportation, 2021-2031, Revenue ($ mn)/Capacity (MW)/Volume (units) 68
Table 22. Global Fuel Cell Market by by Application: Portable, 2021-2031, Revenue ($ mn)/Capacity (MW)/Volume (units) 69
Table 23. Global Fuel Cell Market by End User, 2021-2031, $ mn 70
Table 24. Global Fuel Cell Market by Region, 2021-2031, Revenue ($ mn) 79
Table 25. Global Fuel Cell Market by Region, 2021-2031, Capacity (MW) 81
Table 26. Global Fuel Cell Market by Region, 2021-2031, Volume (units) 83
Table 27. Leading National Fuel Cell Market, 2021 and 2031, $ mn 85
Table 28. North America Fuel Cell Market by Country, 2021-2031, $ mn 88
Table 29. Funding for Fuel Cell Technology in U.S., 2020 91
Table 30. U.S. Fuel Cell Market by Product, 2021-2031, $ mn 94
Table 31. U.S. Fuel Cell Market by Capacity, 2021-2031, $ mn 94
Table 32. U.S. Fuel Cell Market by Application, 2021-2031, $ mn 94
Table 33. Canada Fuel Cell Market by Product, 2021-2031, $ mn 96
Table 34. Canada Fuel Cell Market by Capacity, 2021-2031, $ mn 96
Table 35. Canada Fuel Cell Market by Application, 2021-2031, $ mn 96
Table 36. Mexico Fuel Cell Market by Product, 2021-2031, $ mn 98
Table 37. Mexico Fuel Cell Market by Capacity, 2021-2031, $ mn 98
Table 38. Mexico Fuel Cell Market by Application, 2021-2031, $ mn 98
Table 39. List of Fuel Cell Projects under Fuel Cells and Hydrogen Joint Undertaking (FCH JU) 100
Table 40. Europe Fuel Cell Market by Country, 2021-2031, $ mn 102
Table 41. Germany Fuel Cell Market by Product, 2021-2031, $ mn 104
Table 42. Germany Fuel Cell Market by Capacity, 2021-2031, $ mn 104
Table 43. Germany Fuel Cell Market by Application, 2021-2031, $ mn 104
Table 44. U.K. Fuel Cell Market by Product, 2021-2031, $ mn 106
Table 45. U.K. Fuel Cell Market by Capacity, 2021-2031, $ mn 106
Table 46. U.K. Fuel Cell Market by Application, 2021-2031, $ mn 106
Table 47. France Fuel Cell Market by Product, 2021-2031, $ mn 108
Table 48. France Fuel Cell Market by Capacity, 2021-2031, $ mn 108
Table 49. France Fuel Cell Market by Application, 2021-2031, $ mn 108
Table 50. Spain Fuel Cell Market by Product, 2021-2031, $ mn 110
Table 51. Spain Fuel Cell Market by Capacity, 2021-2031, $ mn 110
Table 52. Spain Fuel Cell Market by Application, 2021-2031, $ mn 110
Table 53. Italy Fuel Cell Market by Product, 2021-2031, $ mn 112
Table 54. Italy Fuel Cell Market by Capacity, 2021-2031, $ mn 112
Table 55. Italy Fuel Cell Market by Application, 2021-2031, $ mn 112
Table 56. Netherlands Fuel Cell Market by Product, 2021-2031, $ mn 114
Table 57. Netherlands Fuel Cell Market by Capacity, 2021-2031, $ mn 114
Table 58. Netherlands Fuel Cell Market by Application, 2021-2031, $ mn 114
Table 59. Fuel Cell Market in Rest of Europe by Country, 2021-2031, $ mn 116
Table 60. FCEV Volume in Selected National Markets in APAC, 2020-2030, thousand units 118
Table 61. Volume of Hydrogen Fueling Stations in Selected National Markets in APAC, 2020-2030, units 118
Table 62. APAC Fuel Cell Market by Country, 2021-2031, $ mn 120
Table 63. Japan Fuel Cell Market by Product, 2021-2031, $ mn 124
Table 64. Japan Fuel Cell Market by Capacity, 2021-2031, $ mn 124
Table 65. Japan Fuel Cell Market by Application, 2021-2031, $ mn 124
Table 66. China Fuel Cell Market by Product, 2021-2031, $ mn 126
Table 67. China Fuel Cell Market by Capacity, 2021-2031, $ mn 126
Table 68. China Fuel Cell Market by Application, 2021-2031, $ mn 126
Table 69. Australia Fuel Cell Market by Product, 2021-2031, $ mn 128
Table 70. Australia Fuel Cell Market by Capacity, 2021-2031, $ mn 128
Table 71. Australia Fuel Cell Market by Application, 2021-2031, $ mn 128
Table 72. India Fuel Cell Market by Product, 2021-2031, $ mn 130
Table 73. India Fuel Cell Market by Capacity, 2021-2031, $ mn 130
Table 74. India Fuel Cell Market by Application, 2021-2031, $ mn 130
Table 75. South Korea Fuel Cell Market by Product, 2021-2031, $ mn 132
Table 76. South Korea Fuel Cell Market by Capacity, 2021-2031, $ mn 132
Table 77. South Korea Fuel Cell Market by Application, 2021-2031, $ mn 132
Table 78. Fuel Cell Market in Rest of APAC by Country/Region, 2021-2031, $ mn 134
Table 79. South America Fuel Cell Market by Country, 2021-2031, $ mn 137
Table 80. Argentina Fuel Cell Market by Product, 2021-2031, $ mn 139
Table 81. Argentina Fuel Cell Market by Capacity, 2021-2031, $ mn 139
Table 82. Argentina Fuel Cell Market by Application, 2021-2031, $ mn 139
Table 83. Brazil Fuel Cell Market by Product, 2021-2031, $ mn 141
Table 84. Brazil Fuel Cell Market by Capacity, 2021-2031, $ mn 141
Table 85. Brazil Fuel Cell Market by Application, 2021-2031, $ mn 141
Table 86. Chile Fuel Cell Market by Product, 2021-2031, $ mn 143
Table 87. Chile Fuel Cell Market by Capacity, 2021-2031, $ mn 143
Table 88. Chile Fuel Cell Market by Application, 2021-2031, $ mn 143
Table 89. MEA Fuel Cell Market by Country, 2021-2031, $ mn 147
Table 90. Israel Fuel Cell Market by Product, 2021-2031, $ mn 149
Table 91. Israel Fuel Cell Market by Capacity, 2021-2031, $ mn 149
Table 92. Israel Fuel Cell Market by Application, 2021-2031, $ mn 149
Table 93. Saudi Arabia Fuel Cell Market by Product, 2021-2031, $ mn 151
Table 94. Saudi Arabia Fuel Cell Market by Capacity, 2021-2031, $ mn 151
Table 95. Saudi Arabia Fuel Cell Market by Application, 2021-2031, $ mn 151
Table 96. South Africa Fuel Cell Market by Product, 2021-2031, $ mn 153
Table 97. South Africa Fuel Cell Market by Capacity, 2021-2031, $ mn 153
Table 98. South Africa Fuel Cell Market by Application, 2021-2031, $ mn 153
Table 99. Ballard Power Systems Inc.: Company Snapshot 159
Table 100. Ballard Power Systems Inc.: Business Segmentation 160
Table 101. Ballard Power Systems Inc.: Product Portfolio 160

LIST OF FIGURE

List of Figures:

Figure 1. A Block Diagram of a Fuel Cell 10
Figure 2. Research Method Flow Chart 14
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 17
Figure 4. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 19
Figure 5. Industry Value Chain Analysis 22
Figure 6. Global Fuel Cell Market, 2021-2031, $ mn 23
Figure 7. Impact of COVID-19 on Business 26
Figure 8. Primary Drivers and Impact Factors of Global Fuel Cell Market 28
Figure 9. World Electric Vehicle Market, 2019-2030, $ bn 31
Figure 10. Primary Restraints and Impact Factors of Global Fuel Cell Market 32
Figure 11. Investment Opportunity Analysis 36
Figure 12. Porters Fiver Forces Analysis of Global Fuel Cell Market 39
Figure 13. Breakdown of Global Fuel Cell Market by Product, 2021-2031, % of Revenue 45
Figure 14. Global Addressable Market Cap in 2022-2031 by Product, Revenue ($ mn) and Share (%) 45
Figure 15. Breakdown of Global Fuel Cell Market by Product, 2021-2031, % of Capacity 47
Figure 16. Global Addressable Market Cap in 2022-2031 by Product, Capacity (MW) and Share (%) 47
Figure 17. Breakdown of Global Fuel Cell Market by Product, 2021-2031, % of Volume 49
Figure 18. Global Addressable Market Cap in 2022-2031 by Product, Volume (units) and Share (%) 49
Figure 19. Breakdown of Global Fuel Cell Market by Capacity, 2021-2031, % of Sales Revenue 58
Figure 20. Global Addressable Market Cap in 2022-2031 by Capacity, Value ($ mn) and Share (%) 58
Figure 21. Global Fuel Cell Market by Capacity: Small Scale (Up to 200 Kw), 2021-2031, $ mn 59
Figure 22. Global Fuel Cell Market by Capacity: Large Scale (Above 200 Kw), 2021-2031, $ mn 60
Figure 23. Breakdown of Global Fuel Cell Market by Application, 2021-2031, % of Sales Revenue 62
Figure 24. Global Addressable Market Cap in 2022-2031 by Application, Revenue ($ mn) and Share (%) 62
Figure 25. Breakdown of Global Fuel Cell Market by Application, 2021-2031, % of Capacity 64
Figure 26. Global Addressable Market Cap in 2022-2031 by Application, Capacity (MW) and Share (%) 64
Figure 27. Breakdown of Global Fuel Cell Market by Application, 2021-2031, % of Volume 66
Figure 28. Global Addressable Market Cap in 2022-2031 by Application, Volume (units) and Share (%) 66
Figure 29. Breakdown of Global Fuel Cell Market by End User, 2021-2031, % of Revenue 71
Figure 30. Global Addressable Market Cap in 2022-2031 by End User, Value ($ mn) and Share (%) 71
Figure 31. Global Fuel Cell Market by End User: Transportation, 2021-2031, $ mn 72
Figure 32. Global Fuel Cell Market by End User: Utilities & Government/Municipal Institutes, 2021-2031, $ mn 73
Figure 33. Global Fuel Cell Market by End User: Residential, 2021-2031, $ mn 74
Figure 34. Global Fuel Cell Market by End User: Commercial & Industrial, 2021-2031, $ mn 75
Figure 35. Global Fuel Cell Market by End User: Data Centers, 2021-2031, $ mn 76
Figure 36. Global Fuel Cell Market by End User: Military & Defense, 2021-2031, $ mn 77
Figure 37. Global Market Snapshot by Region 78
Figure 38. Geographic Spread of Worldwide Fuel Cell Market, 2021-2031, % of Sales Revenue 79
Figure 39. Global Addressable Market Cap in 2022-2031 by Region, Revenue ($ mn) and Share (%) 80
Figure 40. Geographic Spread of Worldwide Fuel Cell Market, 2021-2031, % of Capacity 81
Figure 41. Global Addressable Market Cap in 2022-2031 by Region, Capacity (MW) and Share (%) 82
Figure 42. Geographic Spread of Worldwide Fuel Cell Market, 2021-2031, % of Volume 83
Figure 43. Global Addressable Market Cap in 2022-2031 by Region, Volume (units) and Share (%) 84
Figure 44. North American Fuel Cell Market, 2021-2031, $ mn 87
Figure 45. Breakdown of North America Fuel Cell Market by Country, 2021 and 2031, % of Revenue 88
Figure 46. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 89
Figure 47. Funding by Hydrogen and Fuel Cell Technologies Office (HFTO) 91
Figure 48. U.S. Fuel Cell Market, 2021-2031, $ mn 93
Figure 49. Canada Fuel Cell Market, 2021-2031, $ mn 95
Figure 50. Fuel Cell Market in Mexico, 2021-2031, $ mn 97
Figure 51. European Fuel Cell Market, 2021-2031, $ mn 100
Figure 52. Breakdown of European Fuel Cell Market by Country, 2021 and 2031, % of Revenue 101
Figure 53. Contribution to Europe 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 102
Figure 54. Fuel Cell Market in Germany, 2021-2031, $ mn 103
Figure 55. Fuel Cell Market in U.K., 2021-2031, $ mn 105
Figure 56. Fuel Cell Market in France, 2021-2031, $ mn 107
Figure 57. Fuel Cell Market in Spain, 2021-2031, $ mn 109
Figure 58. Fuel Cell Market in Italy, 2021-2031, $ mn 111
Figure 59. Fuel Cell Market in Netherlands, 2021-2031, $ mn 113
Figure 60. Fuel Cell Market in Rest of Europe, 2021-2031, $ mn 115
Figure 61. Asia-Pacific Fuel Cell Market, 2021-2031, $ mn 119
Figure 62. Breakdown of APAC Fuel Cell Market by Country, 2021 and 2031, % of Revenue 119
Figure 63. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 121
Figure 64. Fuel Cell Market in Japan, 2021-2031, $ mn 123
Figure 65. Fuel Cell Market in China, 2021-2031, $ mn 125
Figure 66. Fuel Cell Market in Australia, 2021-2031, $ mn 127
Figure 67. Fuel Cell Market in India, 2021-2031, $ mn 129
Figure 68. Fuel Cell Market in South Korea, 2021-2031, $ mn 131
Figure 69. Fuel Cell Market in Rest of APAC, 2021-2031, $ mn 133
Figure 70. South America Fuel Cell Market, 2021-2031, $ mn 136
Figure 71. Breakdown of South America Fuel Cell Market by Country, 2021 and 2031, % of Revenue 136
Figure 72. Contribution to South America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 137
Figure 73. Fuel Cell Market in Argentina, 2021-2031, $ mn 138
Figure 74. Fuel Cell Market in Brazil, 2021-2031, $ mn 140
Figure 75. Fuel Cell Market in Chile, 2021-2031, $ mn 142
Figure 76. Fuel Cell Market in Rest of South America, 2021-2031, $ mn 144
Figure 77. Fuel Cell Market in Middle East and Africa (MEA), 2021-2031, $ mn 146
Figure 78. Breakdown of MEA Fuel Cell Market by Country, 2021 and 2031, % of Revenue 146
Figure 79. Contribution to MEA 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 147
Figure 80. Fuel Cell Market in Israel, 2021-2031, $ mn 148
Figure 81. Fuel Cell Market in Saudi Arabia, 2021-2031, $ mn 150
Figure 82. Fuel Cell Market in South Africa, 2021-2031, $ mn 152
Figure 83. Growth Stage of Global Fuel Cell Industry over the Forecast Period 155