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Aircraft Fuel Cells Market

Aircraft Fuel Cells Market Analysis - By Type (Low-Temperature Fuel Cells, High-Temperature Fuel Cells), By Application (Stationary Power, Portable Power, Transportation), By Region (North America, Asia-Pacific, Europe, Central & South America, Middle East & Africa), Global Market Size, Growth, Trends, Insights to 2023

  • ID : 31976293  |  
  • Published : Apr-2019  |  
  • Region : Global  |  
  • Pages : 140   |  
  • Publisher : Research Cosmos

Aircraft Fuel Cells Market Overview:

By the year 2023, the Global Aircraft Fuel Cells Market is predicted to witness 6% growth rate. To convert chemical energy to electric energy fuel cells are used. These cells produce electrical energy by converting chemical energy with electrochemical reaction. Fuel cells need continuous flow of oxygen and fuel to perform the electrochemical reaction. This type of fuel cells is witnessing growing trend in demand in different types of aircrafts specified for commercial and military operations.

Global Aircraft Fuel Cells is estimated to grow in forecasted period owing to supporting factors such as upgrading of existing outdated aircrafts, growing manufacturing of aircrafts and delivery, and substantial growth in commercial aviation segments. Other factors like need for fuel efficiency due to fluctuating prices of crude oil, production of smart energy and fuel technology for greater efficiency for aircrafts, and technological advancements in the specific field are supporting the market growth. Also, disposable incomes and per capita incomes of developing countries are indirect driving factors for the global aircraft fuel market. In addition, environmental concerns, ecofriendly production methods and reduction of carbon emissions are boosting the market.

Aircraft Fuel Cells Market Geographical Segmentation Analysis:

Global Aircraft Fuel Cells Market is primarily segmented into Europe, North America, South America, Middle East & Africa, and Asia Pacific regions. Asia Pacific region accounted for major part of the market share due to increased investments in aviation as well as defense sectors. Also, it is estimated to deliver significant share values in forecasted period. Asia Pacific region is estimated to fastest growing market with highest CAGR in the forecasted years which is driven by large commercial aircraft fleet, and increasing budget for defense segment. Europe region is also estimated to witness growth of the market due to technological advancements in the region along with North America.

Key Industry Players Profiled in this Aircraft Fuel Cells Market Report are:

  • Ballard Power Systems
  • FuelCell Energy, Inc.
  • Hydrogenics
  • Plug Power Inc.
  • Others.

This research report includes following segmentation for the Aircraft Fuel Cells Market size and forecast until 2023.

By Type

  • Low-Temperature Fuel Cells

    • PEMFC
    • DMFC
    • AFC

  • High-Temperature Fuel Cells

    • PAFC
    • MCFC
    • SOFC

By Application

  • Stationary Power
  • Portable Power
  • Transportation

Aircraft Fuel Cells Market Analysis - By Region

  • North America
  • Asia-Pacific
  • Europe
  • Central & South America
  • Middle East & Africa

  1. Introduction
  2. Research Methodology

    1. Analysis Design

      1. Research Phases
      2. Secondary Research
      3. Primary Research
      4. Expert Validation

    2. Study Timeline

  3. Overview

    1. Executive Summary
    2. Key Inferences
    3. New Developments

  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

    1. Aircraft Fuel Cells Market Drivers
    2. Aircraft Fuel Cells Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Aircraft Fuel Cells Market

  5. Aircraft Fuel Cells Market Segmentation

    1. By Type

      1. Low-Temperature Fuel Cells

        1. PEMFC
        2. DMFC
        3. AFC

      2. High-Temperature Fuel Cells

        1. PAFC
        2. MCFC
        3. SOFC

    2. By Application

      1. Stationary Power
      2. Portable Power
      3. Transportation

  6. Geographical Analysis

    1. North America

      1. United States
      2. Canada
      3. Mexico

    2. Asia-Pacific

      1. China
      2. India
      3. Japan
      4. South Korea
      5. Australia
      6. Indonesia
      7. Singapore
      8. Rest of Asia-Pacific

    3. Europe

      1. Germany
      2. France
      3. UK
      4. Italy
      5. Spain
      6. Russia
      7. Rest of Europe

    4. Central & South America

      1. Brazil
      2. Argentina
      3. Rest of South America

    5. Middle East & Africa

      1. Saudi Arabia
      2. Turkey
      3. Rest of Middle East & Africa

  7. Strategic Analysis

    1. PESTLE analysis

      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental

    2. Porter’s five analysis

      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users

  8. Aircraft Fuel Cells Market Leaders' Analysis

    1. Ballard Power Systems

      1. Product Analysis
      2. Strategic Evaluation and Operations
      3. Financial analysis
      4. Legal issues
      5. Recent Developments
      6. SWOT analysis
      7. Analyst View

    2. FuelCell Energy, Inc.
    3. Hydrogenics
    4. Plug Power Inc.
    5. Others.

  9. Competitive Landscape

    1. Aircraft Fuel Cells Market share analysis
    2. Merger and Acquisition Analysis
    3. Agreements, collaborations and Joint Ventures
    4. New Product Launches

  10. Expert Opinions

    1. Aircraft Fuel Cells Market Outlook
    2. Investment Opportunities

  11. Appendix

    1. List of Tables
    2. List of Figures

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