Envision Report

Published April 10, 2018

North America Fuel Cell in Transportation Market – Growth & Forecasts (2018 – 2024)

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Fuel cells are an electrochemical reaction of hydrogen fuel with oxygen. It is an electrochemical cell that converts chemical energy from the fuels to electricity. These fuel cells are used in automotive as it provides power.

North America Fuel Cell in Transportation Market  Segments Size & Growth:

North America Fuel Cell in Transportation Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. The reaction of hydrogen fuel with oxygen which undergoes electrochemical reaction, In which electrochemical reaction converts chemical energy into electric energy. Fuel cells are similar to batteries in a way that electrochemical response occurs until the fuel is available. As long as the fuel cell is given with hydrogen and oxygen, it will provide electricity. The significant factors that propel the growth of North America Fuel Cell in Transportation Market in the forecast period are Strengthen In public and private Investments, Government orders to reduce pollution, Compared to battery fuel cells have a high energy density, Increase in distributed systems. However, Lack of fuel infrastructure, High cost of catalysts, Durability of fuel cells are the factors that are hampering the growth of the market.

North America Fuel Cell in Transportation Market Segments Share:

North America Fuel Cell in Transportation Market is segmented by Type which consists of Solid Oxide Fuel Cells, Proton Exchange Membrane Fuel Cells, Molten Carbonate Fuel Cells, Phosphoric Acid Fuel Cell, and Others. In the Solid Oxide, fuel cells use a hard component of metal oxide as an electrode. Operating Temperature of solid oxide is about 1000 degrees centigrade. It gives an output of 1,000 KW. Solid wires do not leak but crack. The molten Carbonate fuel cell uses components of salt carbonates as an electrode. These components are of high temperature. Operating Temperature of the Molten carbonate fuel cell is 650 degrees centigrade. This high temperature prevents damaging from carbon monoxide. The waste heat can be used in the process of recycling and to produce electricity. Phosphoric acid fuel cells use phosphoric acid as a fuel cell. Operating Temperature of 150 to 200 degrees centigrade. Phosphoric acid fuel cells can tolerate carbon monoxide at 1.5 times.

Proton Exchange Membrane fuel cells work with the transparent electrode and permeable sheet. Operating temperature of Proton Exchange Membrane fuel cells is 80 degrees centigrade. It gives an output of 250 KW. This electrode will not leak and crack. Among all the fuel cells, Proton Exchange membrane fuel cells are mostly used in homes and cars. An application which consists of Transport segments north America Fuel Cell in Transportation Market.  Transportation has the considerable number of end-users. Fuel cells provide propulsive power to vehicles regarding directly or indirectly. As now significant automakers are inside the fuel cell. By Geography, North America is predicted to have the huge market share in the forecast period as demand for fuel cells is increasing.

North America Fuel Cell in Transportation Market Trends:

  • North America announces $32.5 M to advance robust oxide fuel cell technology.
  • Nuvera fuel cell developed a zero- emission fuel cell in Boston.

North America Fuel Cell in Transportation Market Research Report:

  • An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
  • To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
  • Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
  • Identifying DROC in the current market and their impact in altering the market dynamics.
  • Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.
  •  Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The primary critical players in the North America Fuel Cell in Transportation Market are:

  • Aisin Seiki Co.Ltd
  • Doosan Corporation
  • Kyocera
  • Panasonic Corporation
  • Toshiba Corporation
  • Bosch Thermo technology
  • Nevada Fuel Cells

Along with these companies, there were many other companies considered/cited in the report while analysing the North America Fuel Cell in Transportation Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.




Chapter 1 Introduction

1.1 Executive Summary

1.2 Market Definition

1.3 Scope of the Study

Chapter 2 Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Analytic Tools and Model

2.4 Economic Indicator

2.4.1 Base Year, Base Currency, Forecasting Period

2.5 Expert Validation

2.6 Study Timeline

Chapter 3 Market Analysis

3.1 Industry Value Chain Analysis

3.2 Porter’s Five Force Analysis

3.2.1 Bargaining Power of Buyers

3.2.2 Bargaining Power of Suppliers

3.2.3 Threats of Substitutes

3.2.4 Threats of New Entrants

3.2.5 Industry Rivalry

3.3 PESTLE Analysis

3.3.1 Political

3.3.2 Economical

3.3.3 Social

3.3.4 Technological

3.3.5 Legal

3.3.6 Environmental

3.4 SWOT Analysis

3.4.1 Strengths

3.4.2 Weakness

3.4.3 Opportunities

3.4.4 Threats

3.5 Y-O-Y Analyses

Chapter 4 Market Dynamics

4.1. Drivers

4.1.1 Strengthen In public and private Investments

4.1.2 Government orders to reduce pollution

4.1.3 Compared to battery fuel cells have a high energy density

4.1.4 Increase in distributed systems

4.2 Restraints

4.2.1 Lack of fuel infrastructure

4.2.2 High cost of catalysts

4.3.3 Durability of fuel cells

4.3 Opportunities

4.3.1 Demand for fuel cell vehicles

4.3.2 Emerging technologies in Market

4.4 Challenges

4.4.1 Technologies in fuel cells

Chapter 5 North America Fuel Cell in Transportation Market– By Type

5.1 Solid Oxide Fuel Cells

5.2 Proton Exchange Membrane Fuel Cells

5.3 Molten Carbonate Fuel Cells

5.4 Phosphoric Acid Fuel Cell

5.5 Others

Chapter 6 North America Fuel Cell in Transportation Market– By Application

6.1 Transport

Chapter 7 North America Fuel Cell in Transportation Market- By Geography

7.1 Introduction

7.2 North America

7.2.1 U.S

7.2.2 Canada

7.2.3 Mexico

Chapter 8 North America Fuel Cell in Transportation Market- Company Profiles

8.1 Aisin-Seiki Co.Ltd

8.2 Doosan Corporation

8.3 Kyocera

8.4 Panasonic Corporation

8.5 Toshiba Corporation

8.6 Bosch Thermo technology

8.7 Nevura Fuel Cells

8.7 ACAL

8.8 Ballard Power Systems

Chapter 9 North America Fuel Cell in Transportation Market- Competitive Landscape

9.1. Market Share Analysis

9.2. Strategies Adopted by top companies

9.3. Mergers, Acquisitions, Collaborations & Agreements

Chapter 10 Market Insights

10.1. Industry Experts Insights

10.2. Analysts Opinions

10.3. Investment Opportunities

Chapter 11 Appendix

11.1 List of Tables

11.2 List of Figures







  • Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
  • Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
  • The Regional and Global Variety is taken care of in the report.
  • Year on Year basis generation of revenue is studied.
  • Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
  • The overview and the sustainability of the market are analyzed through SWOT.
  • DROC is recognized in the current market scenario and see how its effect on market dynamics.
  • The segment-level analysis in terms of type and technology.
  • The value chain analysis, value that's created and captured by a company is the profit margin.Value
  • Created and Captured – Cost of Creating that Value = Margin
  • An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
  • Basis on the depth of the study we approach using analytical tools
  • Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.


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