Key Highlights
• A portable battery is a device that works like a battery and does not need to be recharged or discharged as long as it uses fuel as an oxidizer. Car, computer, mobile phone etc. Most fuel cells used in electronic devices generate electricity through electrochemical processes and use chemicals/materials to make oil. However, many fuel cells use hydrogen or oxygen as fuel. Increasing demand for energy efficient products is one of the main factors driving growth. Growing public and private partnerships and reducing environmental impact are expected to drive demand. Governments around the world must ensure development by providing various types of support, including funding research and development activities and appropriate financial assistance. Establishing a good governance framework is important because government agencies need to provide a good environment for investment.
• The market size of the worldwide Portable Fuel Cells Industry surpassed USD XX billion in 2022, and by 2032, it is projected to reach USD XX billion, boosting at a CAGR of XX%.
• In January 6, 2020, Plug Power signed a new contract with a Fortune 100 company worth $172 million. The contract mainly focuses on the production, storage and operational distribution of hydrogen fuel cell units across the network.
• The global demand for renewable energy is mainly driven by the increasing demand for efficient and environmentally friendly solutions in a variety of applications. These fuel cells provide lightweight, lightweight electronics that can be easily integrated into portable devices such as laptops, smartphones, drones, and camping equipment. While consumers and businesses draw attention to the importance of clean energy, portable gas generators offer solutions that produce electricity and emit the least pollution by electrochemical means. They also work longer than regular batteries, increasing the usability and comfort of the device. Further, advances in fuel cell technology such as improved performance, higher power generation and better efficiency reinforce its claims.Increasing interest in off-grid and remote businesses, along with government initiatives to promote clean energy, is driving innovation and business development by increasing demand for fossil fuels in a variety of applications.
Scope of the Industry Profile
Key Players
• AFC Energy PLC (UK)
• Bloom Energy (US)
• Ballard Power Systems Inc. (Canada)
• Doosan Corporation (South Korea)
• FuelCell Energy, Inc. (US)
• Hydrogenics Corporation (Canada)
• Nedstack Fuel Cell Technology B.V. (Netherlands)
• Plug Power, Inc. (US)
• Panasonic Corporation (Japan)
• SFC Energy AG (Germany)
Segmentation
By Catalyst
• Platinum
• Platinum Ruthenium Alloy
• Other Catalysts
By Fuel Type
• Methanol
• Ethanol
• Hydrogen
• Other Fuels
By Type
• Proton Exchange Membrane Fuel Cell (PEMFC)
• Phosphoric Acid Fuel Cell (PAFC)
• Solid Oxide Fuel Cell (SOFC)
• Direct Methanol Fuel Cell (DMFC)
• Other Fuel Cells
By End User
• Marine
• Automotive
• Government & Utilities
• Defense
• Transportation
• Other End Users
What to Expect from Industry Profile
1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Portable Fuel Cells market in the world.
2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Portable Fuel Cells market.
3. Leading company profiles reveal details of key Portable Fuel Cells market players’ global operations, strategies, financial performance & their recent developments.
4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Portable Fuel Cells market with forecast for decade by both market share (%) & revenue (USD Million).
Recent Development
• In April 20, 2020, Doosan Mobile Innovation plans to manufacture and export hydrogen fuel cells to create synergies in the hydrogen industry.
• In January 6, 2020, Plug Power signed a new contract with a Fortune 100 company worth $172 million. The contract mainly focuses on the production, storage and operational distribution of hydrogen fuel cell units across the network..
Segment Insights
By Catalyst
Platinum cells dominate the global market in terms of turnover, and their market share is likely to exceed 2022 due to increased demand for fuel cells in electrical and electronic data in power plants. In addition, fuel cells are increasingly used in the use of electricity and electricity together. Versatile factors and high performance work hard in leadership. Transport is expected to be the fastest growing sector, driven by increased demand for gas-powered forklifts and increased R&D activities in major European markets. Diesel fuel applications include personal electronics, portable devices, computers, mobile phones, APUs and appliances. In addition, the market is expected to grow due to increased R&D activities to develop hydrogen-powered hybrid vehicles in developed and developing countries.
By Type
Proton exchange membrane fuel cells (PEMFC) will account for more than 67.0% of global shipments in 2022. PEMFCs are widely used in applications such as forklifts, vehicles, telecommunications, critical machinery and electronic backup. Versatility is an important factor driving demand during the forecast period. The market share of the PEMFC segment is over 60% due to increasing demand for clean energy generation. In addition, proton exchange membrane fuel cells have different advantages such as higher reliability, high efficiency, low maintenance, less maintenance time and other advantages that should drive the market.
Regional Insights
Asia Pacific is expected to dominate the market due to the increasing demand for clean energy due to environmental concerns due to high energy consumption in the regions. In addition, in regions like Japan, the portable fuel cell market is seeing massive growth as transportation and residential areas, which account for most of the business, are growing business and focusing on the benefits of reducing carbon monoxide emissions. North America and Europe account for most of the demand from the automotive industry and consumer electronics; Furthermore, the evolution of electric vehicle and hybrid vehicle use in many regions should create a demand for electric fuel. The Latin American portable fuel cell market is driven by increasing demand for alternative energy sources and advanced technologies in economic regions. Regions like Brazil are major consumers of fuel cells due to the size of the automotive industry and government policies and regulations. Fossil fuels appear to have potential for growth in the use of electricity, automobiles and other sectors in many regions of Latin America. In the Middle East and Africa, growth in renewable energy and increasing demand for electric vehicles are driving the electric fuel market.
1 INTRODUCTION
1.1 Study Objectives
1.2 Market Definitions
1.2.1 Inclusions & Exclusions
1.2.2 Region: Inclusions & Exclusions
1.2.3 Study Scope
1.2.3.1 Markets Covered
1.2.3.2 Regional Scope
1.2.3.3 Years Considered
1.2.4 Currency Considered
1.2.5 Limitations
1.2.6 Summary Of Report (Chapter Wise Summary)
2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary & Primary Research
2.1.2 Secondary Data
2.1.2.1 Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Sources
2.2 Market Breakdown & Data Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 EXECUTIVE SUMMARY
4 ACROSS THE GLOBE
4.1 Upcoming Attractive Market Opportunities
4.2 Country Wise Market Growth
4.3 Segment Wise Market Growth
5 MARKET OVERVIEW
5.1 Market Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
5.3 PORTOR’S Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Market Premium insights (Enterprise license)
5.4.1 Case Study Analysis
5.4.2 Country Wise Import & Export Data (If
Applicable)
5.4.3 Regulatory Bodies & Authorization
Across the Globe
5.4.4 Key Conferences & Events: 2022 &
2023
5.4.5 Top Patents for The Market: 2022
6 PORTABLE FUEL CELLS MARKET
OVERVIEW, BY CATALYST
6.1 Global Market Revenue & Share Analysis, By Catalyst
6.1.1 Platinum
6.1.2 Platinum Ruthenium Alloy
6.1.3 Other Catalysts
6.2 Global Market Revenue & Share Analysis, 2018 – 2022
6.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
6.4 Key Takeaways
7 PORTABLE FUEL CELLS MARKET
OVERVIEW, BY FUEL TYPE
7.1 Global Market Revenue & Share Analysis, By Fuel Type
7.1.1 Methanol
7.1.2 Ethanol
7.1.3 Hydrogen
7.1.4 Other Fuels
7.2 Global Market Revenue & Share Analysis, 2018 – 2022
7.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
7.4 Key Takeaways
8 PORTABLE FUEL CELLS MARKET
OVERVIEW, BY TYPE
8.1 Global Market Revenue & Share Analysis, By Type
8.1.1 Proton Exchange Membrane Fuel Cell (PEMFC)
8.1.2 Phosphoric Acid Fuel Cell (PAFC)
8.1.3 Solid Oxide Fuel Cell (SOFC)
8.1.4 Direct Methanol Fuel Cell (DMFC)
8.1.5 Other Fuel Cells
8.2 Global Market Revenue & Share Analysis, 2018 – 2022
8.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
8.4 Key Takeaways
9 PORTABLE FUEL CELLS
MARKET OVERVIEW, BY END USER
9.1 Global Market Revenue & Share Analysis, By End User
9.1.1 Marine
9.1.2 Automotive
9.1.3 Government & Utilities
9.1.4 Defense
9.1.5 Transportation
9.1.6 Other End Users
9.2 Global Market Revenue & Share Analysis, 2018 – 2022
9.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
9.4 Key Takeaways
10 PORTABLE FUEL CELLS MARKET OVERVIEW,
BY REGION
10.1 Global Market Revenue & Share Analysis, By Region
10.1.1 North America
10.1.2 Europe
10.1.3 Asia Pacific
10.1.4 Middle East & Africa
10.1.5 South America
10.2 Global Market Revenue & Share Analysis, 2018 – 2022
10.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
10.4 Key Takeaways
11 NORTH AMERICA MARKET
ANALYSIS
11.1 North America Market Revenue & Share Analysis, By Catalyst
11.2 North America Market Revenue & Share Analysis, By Fuel
Type
11.3 North America Market Revenue & Share Analysis, By Type
11.4 North America Market Revenue & Share Analysis, By End User
11.5 North America Market Revenue & Share Analysis, By Country
11.5.1 US
11.5.2 Canada
11.5.3 Mexico
11.6 Key Takeaways
12 EUROPE MARKET ANALYSIS
12.1 Europe Market Revenue & Share Analysis, By Catalyst
12.2 Europe Market Revenue & Share Analysis, By Fuel Type
12.3 Europe Market Revenue & Share Analysis, By Type
12.4 Europe Market Revenue & Share Analysis, By End User
12.5 Europe Market Revenue & Share Analysis, By Country
12.5.1 UK
12.5.2 Italy
12.5.3 Spain
12.5.4 Germany
12.5.5 France
12.5.6 Rest of Europe
12.6 Key Takeaways
13 ASIA PACIFIC MARKET ANALYSIS
13.1 APAC Market Revenue & Share Analysis, By Catalyst
13.2 APAC Market Revenue & Share Analysis, By Fuel Type
13.3 APAC Market Revenue & Share Analysis, By Type
13.4 APAC Market Revenue & Share Analysis, By End User
13.5 APAC Market Revenue & Share Analysis, By Country
13.5.1 China
13.5.2 Japan
13.5.3 India
13.5.4 South Korea
13.5.5 Rest of APAC
13.6 Key Takeaways
14 MIDDLE EAST & AFRICA MARKET
ANALYSIS
14.1 MEA Market Revenue & Share Analysis, By Catalyst
14.2 MEA Market Revenue & Share Analysis, By Fuel Type
14.3 MEA Market Revenue & Share Analysis, By Type
14.4 MEA Market Revenue & Share Analysis, By End User
14.5 MEA Market Revenue & Share Analysis, By Country
14.5.1 GCC
14.5.2 South Africa
14.5.3 Rest of MEA
14.6 Key Takeaways
15 SOUTH AMERICA MARKET ANALYSIS
15.1 SA Market Revenue & Share Analysis, By Catalyst
15.2 SA Market Revenue & Share Analysis, By Fuel Type
15.3 SA Market Revenue & Share Analysis, By Type
15.4 SA Market Revenue & Share Analysis, By End User
15.5 SA Market Revenue & Share Analysis, By Country
15.5.1 Brazil
15.5.2 Argentina
15.5.3 Rest of SA
15.6 Key Takeaways
16 COMPETITIVE SCENARIO
16.1 Overview
16.2 Key Players Market Share Analysis
16.3 Recent Developments & Product Launches
16.4 Mergers & Acquisitions
16.5 Partnerships, Agreements & Collaborations
17 COMPANY PROFILES
17.1 Overview
17.2 Key players
17.2.1 AFC Energy PLC (UK)
17.2.1.1 Business Overview
17.2.1.2 Product Offered
17.2.1.3 Financial Insights
17.2.1.4 Strategic Developments
17.2.1.4.1 New Product Launches
17.2.1.4.2 Agreements & Collaborations
17.2.1.5 Business Aspects (NOISE Analysis)
17.2.1.5.1 Key Strengths
17.2.1.5.2 Opportunities
17.2.1.5.3 Weaknesses & Competitive Threats
17.2.1.5.4 Needs & Improvements
17.2.2 Bloom Energy (US)
17.2.3 Ballard Power Systems Inc. (Canada)
17.2.4 Doosan Corporation (South Korea)
17.2.5 FuelCell Energy, Inc. (US)
17.2.6 Hydrogenics Corporation (Canada)
17.2.7 Nedstack Fuel Cell Technology B.V.
(Netherlands)
17.2.8 Plug Power, Inc. (US)
17.2.9 Panasonic Corporation (Japan)
17.2.10 SFC Energy AG (Germany)
18 DISCLAIMER
19 APPENDIX
