Hydrogen Fuel Cell Market

Industry Overview

Hydrogen fuel cell is an electrochemical device that converts hydrogen and oxygen into electricity, heat, and water. It operates through a chemical reaction where hydrogen atoms are split into protons and electrons, and protons pass through a membrane, while electrons create an electric current. This process is highly efficient and emits only water vapor, making it a clean energy source. Fuel cells find application in vehicles, providing an alternative to internal combustion engines, as well as in stationary power generation, and hold great promise in reducing greenhouse gas emissions and dependence on fossil fuels, resulting in a more sustainable energy future.

Global Hydrogen fuel cell market was worth USD 4.20 billion in 2022 and is expected reach USD 30.00 billion by 2030 with a CAGR of 29.93% during the forecast period, i.e., 2023-2030. Hydrogen fuel cell demand is rising due to increasing demand for clean energy solutions to combat climate change. Governments, industries, and consumers are investing in fuel cell technology for its efficiency, zero-emission properties, and diverse applications across sectors.

Geographically, the market is expanding rapidly in North America, Europe, and the Asia Pacific, as a result of the presence of leading companies, investment towards R&D, and government initiatives to support environment friendly technologies; however, the market confronts constraints such as infrastructure development, high production costs, limited hydrogen availability, and competition from established energy sources. Overall, the global hydrogen fuel cell market offers potential prospects for market participants to develop and fulfill the growing needs of wide range of industries including transportation, energy storage, consumer electronics, and other industries.

Market Segmentation

Insight by Type

Based on the type, the global Hydrogen fuel cell market is segmented into molten carbonate fuel cells (MCFC), solid oxide fuel cells (SOFC), alkaline fuel cells, and proton exchange membrane (PEM) fuel cells. In 2022, proton exchange membrane (PEM) dominated the global hydrogen fuel cell market due to their efficiency, compactness, and suitability for various applications, particularly in transportation. Companies like Toyota and Honda have pioneered PEM technology, with initiatives like Toyota's Mirai and Honda's Clarity Fuel Cell vehicles. Moreover, strategic partnerships, such as Ballard Power Systems collaborating with Audi, further bolster PEM's prominence. Investments in PEM fuel cell production plants, such as Johnson Matthey’s announcement in July 2023 to build a CCM plant in China for PEM fuel cells and electrolyzers, reflect the industry's confidence in this technology, solidifying its dominant position in the global hydrogen fuel cell market.

Insight by End-Use Application

Based on the end-use application, the global hydrogen fuel cell market is segmented into transportation, stationary (power and energy), hydrogen generation, and other end-use applications. In 2022, stationary (power and energy) segment dominated the market because of its versatility in decentralized power generation. Companies like Bloom Energy and Plug Power have pioneered this sector with initiatives such as Bloom's Energy Servers and Plug Power's GenSure systems. Strategic collaborations, like Bloom Energy's partnership with SK Engineering and Construction, strengthen the stationary segment's position. Investments in large-scale production plants, exemplified by Plug Power's Gigafactory in New York, showcase the industry's commitment to stationary fuel cell technology, affirming its dominance in the global hydrogen fuel cell market.

Hydrogen Fuel Cell Market Report Coverage

Industry Dynamics

Growth Drivers

Escalating focus on decarbonization

A significant driver for the global hydrogen fuel cell market's growth is the escalating focus on decarbonization and the transition to renewable energy sources. Governments and industries worldwide are intensifying efforts to reduce carbon emissions. Companies like Hyundai and Nikola Corporation are at the forefront, introducing hydrogen-powered vehicles like the Hyundai Nexo and Nikola Tre. Partnerships such as NiKola and Plug Power’s partnership in December 2022 demonstrate the commitment to scaling hydrogen fuel cell technology. Initiatives such as Germany's National Innovation Program for Hydrogen and Fuel Cell Technology underscore the global push for sustainable energy, solidifying the upward trajectory of the global hydrogen fuel cell market.

Growing application in heavy-duty trucks

Increasing adoption of fuel cell technology in heavy-duty transportation is another key driver for the global hydrogen fuel cell market's growth. Companies like Nikola Corporation, Hyzon, Honda, and Ballard Power are spearheading this shift with growing investment towards development of these vehicles. In October 2023, Hyzon signed a revised agreement with TR Group, New Zealand's largest heavy-duty truck fleet owner, for up to 20 FCEVs upfit with Hyzon's single stack 200kW fuel cell system starting with a commercial trial. Additionally, Toyota's collaboration with Kenworth for the development of fuel cell electric trucks exemplifies the industry's commitment. The expansion of production facilities, like Ballard Power Systems' facility in China, signifies the sector's potential to revolutionize heavy-duty transportation, accelerating the market's expansion.

Challenge

Limited zinc reserves

A significant challenge facing the global hydrogen fuel cell market is the establishment of a comprehensive infrastructure for hydrogen production, distribution, and storage. Building an extensive network of hydrogen refueling stations requires substantial investment and coordination between governments, industries, and stakeholders. Moreover, transporting and storing hydrogen efficiently poses technical and logistical hurdles. Balancing production capacity with demand, especially in regions with limited hydrogen availability, remains a critical issue. Overcoming these infrastructure challenges is essential to unlock the full potential of hydrogen fuel cells and ensure their widespread adoption as a sustainable energy solution on a global scale.

Geographic Overview

• North America

• Europe

• Asia Pacific (APAC)

• Middle East and Africa (MEA)

• South America

The global Hydrogen fuel cell market is segmented into North America, Europe, the Asia-Pacific, South America, and the Middle East and Africa region. The global Hydrogen fuel cell market was dominated by the Asia-Pacific in 2022 because of its robust government initiatives, strong manufacturing capabilities, and a burgeoning demand for clean energy solutions.

Countries like Japan and South Korea have spearheaded hydrogen adoption, with Japan's "Basic Hydrogen Strategy" and South Korea's "Green New Deal" outlining ambitious targets. Companies like Toyota, headquartered in Japan, have been pioneers with their Mirai fuel cell vehicle. Hyundai, from South Korea, has made significant strides with its Nexo model. Partnerships like Toyota's collaboration with Chinese automaker BYD in 2020 and Hyundai's joint venture with Audi highlight the region's dominance in advancing hydrogen technology. Additionally, established manufacturing capabilities in countries like Japan and South Korea along with the fact that China has the largest fuel cell fleet in the world, further consolidate the Asia-Pacific's leading position in the global hydrogen fuel cell market. 

Competitive Insight

Ballard Power Systems is one of the leading companies in the global hydrogen fuel cell market and is recognized for its advanced fuel cell technology. The company's strategic partnerships and high focus on R&D of fuel cells have bolstered its standing. For instance, in August 2023, Ballard announced a strategic partnership with Ford Trucks to supply a fuel cell system as part of the development of a hydrogen fuel cell powered vehicle prototype. Furthermore, Ballard announced its global manufacturing strategy in September 2022 which included plan to invest $130 million in MEA manufacturing facility and R&D center in Shanghai, China, showing its commitment to large-scale production, reinforcing its influence in the market. With a strong foothold in both transportation and stationary applications, Ballard Power Systems plays a pivotal role in advancing the adoption of hydrogen fuel cell technology.

Toyota is a prominent force in the global hydrogen fuel cell market and is renowned for its pioneering work in fuel cell vehicles. The Toyota Mirai stands as a flagship example, showcasing the company's commitment to sustainable transportation. Toyota's partnerships further solidify its leading position in the market; in October 2023, Toyota announced that it will supply hydrogen fuel cell coaches for Parish 2024 Olympics and Paralympics games and also announced the development of a new 50kW-class fuel cell module. Additionally, Toyota has been actively involved in initiatives like the "Basic Hydrogen Strategy" in Japan, outlining ambitious goals for hydrogen adoption. With dedicated plants for fuel cell production, Toyota's investments and technological advancements underscore its leadership in advancing hydrogen fuel cell technology on a global scale.

Recent Development by Key Players

In October 2023, Hyzon Motors agreed a deal with TR Group for up to 20 fuel cell vehicles. TR Group is New Zealand's largest heavy-duty truck fleet owner and the fuel cell vehicles will use Hyzon's single stack 200kW fuel cell system. The first two trucks are scheduled to be ready for commercial trial beginning in March 2024, and will be deployed for up to three months for a commercial trial.

In October 2023, BMW, Sasol, and Anglo American Platinum Ltd. Announced a strategic partnership focused on the development of a South African hydrogen car infrastructure that will help drive the manufacture and use of the vehicles. BMW will provide its X5 H2 fuel cell sport utility vehicle, while Sasol will supply green hydrogen, and Anglo American Platinum will supply platinum-group metals used in fuel cell manufacturing.

Key Players Covered in the Report

Ballard Power Systems, Plug Power, FuelCell Energy, Bloom Energy, ITM Power, Hydrogenics, PowerCell Sweden, AFC Energy, Horizon Fuel Cell Technologies, Ceres Power, Doosan Fuel Cell, Toshiba Energy Systems, Nedstack, Toyoto, Honda, Hyundai, SFC Energy, McPhy, Nuvera Fuel Cells, Arcola Energy, Loop Energy, GreenHydrogen, and H2Scan.

The hydrogen fuel cell market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2023–2030.

Segments Covered in the Report

• Type

• Molten carbonate fuel cells (MCFC)

• Solid oxide fuel cells (SOFC)

• Alkaline fuel cells

• Proton exchange membrane (PEM) fuel cells

• End-Use Application

• Transportation

• Stationary (Power and Energy)

• Hydrogen Generation

• Others process

Region Covered in the Report

• North America

• U.S.

• Canada

• Mexico

• Europe

• Germany

• U.K.

• France

• Italy

• Spain

• Russia

• Rest of Europe

• Asia-Pacific (APAC)

• China

• Japan

• India

• South Korea

• Rest of Asia-Pacific

• Middle East and Africa (MEA)

• Saudi Arabia

• U.A.E

• South Africa

• Rest of MEA

• South America

• Argentina

• Brazil

• Chile

• Rest of South America

Primary Research Interviews Breakdown

1.  Research Overview

     1.1.  The Report Offers
     1.2.  Market Coverage
             1.2.1.  By Type
             1.2.2.  By End-Use Application
             1.2.3.  By Region
      1.3.  Research Phases
      1.4.  Limitations
      1.5.  Market Methodology
              1.5.1.  Data Sources
                         1.5.1.1.  Primary Research
                         1.5.1.2.  Secondary Research
              1.5.2.  Methodology
                         1.5.2.1.  Data Exploration
                         1.5.2.2.  Forecast Parameters
                         1.5.2.3.  Data Validation
                         1.5.2.4.  Assumptions
                1.5.3.  Study Period & Data Reporting Unit

2.  Executive Summary

3.  Industry Overview

     3.1.  Industry Dynamics
             3.1.1.  Market Growth Drivers
             3.1.2.  Market Restraints
             3.1.3.  Key Market Trends
             3.1.4.  Major Opportunities
      3.2.  Industry Ecosystem
              3.2.1.  Porter’s Five Forces Analysis
              3.2.2.  Recent Development Analysis
              3.2.3.  Value Chain Analysis
      3.3.  Competitive Insight
              3.3.1.  Competitive Position of Industry Players
              3.3.2.  Market Attractive Analysis
              3.3.3.  Market Share Analysis

4.  Global Market Estimate and Forecast

      4.1.  Global Market Overview
      4.2.  Global Market Estimate and Forecast to 2030

5.  Market Segmentation Estimate and Forecast

      5.1.  By Type
              5.1.1.  Molten Carbonate Fuel Cells(MCFC)
                         5.1.1.1.  Market Definition
                         5.1.1.2.  Market Estimation and Forecast to 2030 
              5.1.2.  Solid Oxide Fuel Cells (SOFC)
                         5.1.2.1.  Market Definition
                         5.1.2.2.  Market Estimation and Forecast to 2030
              5.1.3.  Alkaline Fuel Cells
                        5.1.3.1.  Market Definition
                        5.1.3.2.  Market Estimation and Forecast to 2030
              5.1.4.  Proton Exchange Membrane (PEM) Fuel Cells
                         5.1.4.1.  Market Definition
                         5.1.4.2.  Market Estimation and Forecast to 2030
         5.2.  By End-Use Application
                 5.2.1.  Transportation
                            5.2.1.1.  Market Definition
                            5.2.1.2.  Market Estimation and Forecast to 2030
                 5.2.2.  Stationary (Power and Energy)
                            5.2.2.1.  Market Definition
                            5.2.2.2.  Market Estimation and Forecast to 2030
                5.2.3.  Hydrogen Generation
                           5.2.3.1.  Market Definition
                           5.2.3.2.  Market Estimation and Forecast to 2030
                5.2.4.  Others
                           5.2.4.1.  Market Definition
                           5.2.4.2.  Market Estimation and Forecast to 2030
6.  North America Market Estimate and Forecast

     6.1.  By Type
     6.2.  By By End-Use Application
     6.3.  By Country
             6.3.1.  U.S. Market Estimate and Forecast
             6.3.2.  Canada Market Estimate and Forecast
             6.3.3.  Mexico Market Estimate and Forecast

7.  Europe Market Estimate and Forecast

     7.1.  By Type
     7.2.  By By End-Use Application
     7.3.  By Country
             7.3.1.  Germany Market Estimate and Forecast
             7.3.2.  France Market Estimate and Forecast
             7.3.3.  U.K. Market Estimate and Forecast
             7.3.4.  Italy Market Estimate and Forecast
             7.3.5.  Spain Market Estimate and Forecast
             7.3.6.  Rest of Europe Market Estimate and Forecast

8.  Asia-Pacific Market Estimate and Forecast

     8.1.  By Type
     8.2.  By End-Use Application
     8.3.  By Country
             8.3.1.  China Market Estimate and Forecast
             8.3.2.  Japan Market Estimate and Forecast
             8.3.3.  India Market Estimate and Forecast
             8.3.4.  South Korea Market Estimate and Forecast
             8.3.5.  Singapore Market Estimate and Forecast
             8.3.6.  Rest of Asia-Pacific Market Estimate and Forecast

9.  Rest of the World (RoW) Market Estimate and Forecast

       9.1.  By Type
       9.2.  By End-Use Application
       9.3.  By Country
               9.3.1.  Brazil Market Estimate and Forecast
               9.3.2.  Saudi Arabia Market Estimate and Forecast
               9.3.3.  South Africa Market Estimate and Forecast
               9.3.4.  Other Countries Market Estimate and Forecast

10.  Company Profiles

       10.1.  Ballard Power Systems
                 10.1.1.  Snapshot
                 10.1.2.  Overview
                 10.1.3.  Offerings
                 10.1.4.  Financial Insight
                 10.1.5.  Recent Developments
       10.2.  Plug Power
                  10.2.1.  Snapshot
                  10.2.2.  Overview
                  10.2.3.  Offerings
                  10.2.4.  Financial Insight
                  10.2.5.  Recent Developments
       10.3.  FuelCell Energy
                   10.3.1.  Snapshot
                   10.3.2.  Overview
                   10.3.3.  Offerings
                   10.3.4.  Financial Insight
                   10.3.5.  Recent Developments
       10.4.  Bloom Energy
                    10.4.1.  Snapshot
                    10.4.2.  Overview
                    10.4.3.  Offerings
                    10.4.4.  Financial Insight
                    10.4.5.  Recent Developments
       10.5.  ITM Power
                    10.5.1. Snapshot
                    10.5.2.  Overview
                    10.5.3.  Offerings
                    10.5.4.  Financial Insight
                    10.5.5.  Recent Developments
       10.6.  Hydrogenics
                     10.6.1.  Snapshot
                     10.6.2.  Overview
                     10.6.3.  Offerings
                     10.6.4.  Financial Insight
                     10.6.5.  Recent Developments
       10.7.  PowerCell Sweden
                     10.7.1.  Snapshot
                      10.7.2.  Overview
                      10.7.3.  Offerings
                      10.7.4.  Financial Insight
                      10.7.5.  Recent Developments
       10.8.  AFC Energy
                10.8.1.  Snapshot
                10.8.2.  Overview
                10.8.3.  Offerings
                10.8.4.  Financial Insight
                10.8.5.  Recent Developments
       10.9.  Horizon Fuel Cell Technologies
                 10.9.1.  Snapshot
                 10.9.2.  Overview
                 10.9.3.  Offerings
                 10.9.4.  Financial Insight
                 10.9.5.  Recent Developments
       10.10.  Ceres Power
                     10.10.1.  Snapshot
                     10.10.2.  Overview
                     10.10.3.  Offerings
                     10.10.4.  Financial Insight
                     10.10.5.  Recent Developments
       10.11.  Doosan Fuel Cell
                      10.11.1.  Snapshot
                      10.11.2.  Overview
                      10.11.3.  Offerings
                      10.11.4.  Financial Insight
                      10.11.5.  Recent Developments
       10.12  Toshiba Energy Systems
                     10.12.1.  Snapshot
                     10.12.2.  Overview
                     10.12.3.  Offerings
                     10.12.4.  Financial Insight
                     10.12.5.  Recent Developments
       10.13.  Nedstack
                      10.13.1.  Snapshot
                      10.13.2.  Overview
                      10.13.3.  Offerings
                      10.13.4.   Financial Insight
                      10.13.5. Recent Developments
       10.14  Toyoto
                  10.14.1.  Snapshot
                  10.14.2.  Overview
                  10.14.3.  Offerings
                  10.14.4.  Financial Insight
                  10.14.5.  Recent Developments
       10.15.  Honda
                   10.15.1.  Snapshot
                   10.15.2.  Overview
                   10.15.3.  Offerings
                   10.15.4.  Financial Insight
                   10.15.5.   Recent Developments
       10.16.  Hyundai
                   10.16.1.  Snapshot
                   10.16.2.  Overview
                   10.16.3.  Offerings
                   10.16.4.  Financial Insight
                   10.16.5.  Recent Developments
       10.17.  SFC Energy
                   10.17.1.  Snapshot
                   10.17.2.  Overview
                   10.17.3.  Offerings
                   10.17.4.  Financial Insight
                   10.17.5.  Recent Developments
       10.18.  McPhy
                   10.18.1.  Snapshot
                   10.18.2.  Overview
                   10.18.3.  Offerings
                   10.18.4.  Financial Insight
                   10.18.5.  Recent Developments
       10.19.  Nuvera Fuel Cells
                   10.19.1.  Snapshot
                   10.19.2.  Overview
                   10.19.3.  Offerings
                   10.19.4.  Financial Insight
                   10.19.5.  Recent Developments
        10.20.  Arcola Energy
                    10.20.1.  Snapshot
                    10.20.2.  Overview
                    10.20.3.  Offerings
                    10.20.4.  Financial Insight
                     10.20.5.  Recent Developments
        10.21  Loop Energy
                   10.21.1.  Snapshot
                   10.21.2.  Overview
                   10.21.3.  Offerings
                   10.21.4.  Financial Insight
                   10.21.5.  Recent Developments
         10.22  GreenHydrogen
                    10.22.1.  Snapshot
                    10.22.2.  Overview
                    10.22.3.  Offerings
                    10.22.4.  Financial Insight
                    10.22.5.  Recent Developments
          10.23  H2Scan
                     10.23.1.  Snapshot
                     10.23.2.  Overview
                     10.23.3.  Offerings
                     10.23.4.  Financial Insight
                     10.23.5.  Recent Developments
11.  Appendix

      11.1.  Exchange Rates
      11.2.   Abbreviations

Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Hydrogen Fuel Cell Market Size, by Type, 2018 – 2022 (USD Billion)
Table 5 Global Hydrogen Fuel Cell Market Size, by Type, 2023 – 2030 (USD Billion)
Table 6 Global Hydrogen Fuel Cell Market Size, by End-Use Application, 2018 – 2022 (USD Billion)
Table 7 Global Hydrogen Fuel Cell Market Size, by End-Use Application, 2023 – 2030 (USD Billion)
Table 10 Global Hydrogen Fuel Cell Market Size, by Region, 2018 – 2022 (USD Billion)
Table 11 Global Hydrogen Fuel Cell Market Size, by Region, 2023 – 2030 (USD Billion)
Table 12 North America Hydrogen Fuel Cell Market Size, by Type, 2018 – 2022 (USD Billion)
Table 13 North America Hydrogen Fuel Cell Market Size, by Type, 2023 – 2030 (USD Billion)
Table 14 North America Hydrogen Fuel Cell Market Size, by End-Use Application, 2018–2022 (USD Billion)
Table 15 North America Hydrogen Fuel Cell Market Size, by End-Use Application, 2023–2030 (USD Billion)
Table 18 North America Hydrogen Fuel Cell Market Size, by Country, 2018 – 2022 (USD Billion)
Table 19 North America Hydrogen Fuel Cell Market Size, by Country, 2023 – 2030 (USD Billion)
Table 20 Europe Hydrogen Fuel Cell Market Size, by Type, 2018 – 2022 (USD Billion)
Table 21 Europe Hydrogen Fuel Cell Market Size, by Type, 2023 – 2030 (USD Billion)
Table 22 Europe Hydrogen Fuel Cell Market Size, by End-Use Application, 2018 – 2022 (USD Billion)
Table 23 Europe Hydrogen Fuel Cell Market Size, by End-Use Application, 2023 – 2030 (USD Billion)
Table 26 Europe Hydrogen Fuel Cell Market Size, by Country, 2018 – 2022 (USD Billion)
Table 27 Europe Hydrogen Fuel Cell Market Size, by Country, 2023 – 2030 (USD Billion)
Table 28 Asia-Pacific Hydrogen Fuel Cell Market Size, by Type, 2018 – 2022 (USD Billion)
Table 29 Asia-Pacific Hydrogen Fuel Cell Market Size, by Type, 2023 – 2030 (USD Billion)
Table 30 Asia-Pacific Hydrogen Fuel Cell Market Size, by End-Use Application, 2018–22 (USD Billion)
Table 31 Asia-Pacific Hydrogen Fuel Cell Market Size, by End-Use Application, 2023–30 (USD Billion)
Table 34 Asia-Pacific Hydrogen Fuel Cell Market Size, by Country, 2018 – 2022 (USD Billion)
Table 35 Asia-Pacific Hydrogen Fuel Cell Market Size, by Country, 2023 – 2030 (USD Billion)
Table 36 RoW Hydrogen Fuel Cell Market Size, by Type, 2018 – 2022 (USD Billion)
Table 37 RoW Hydrogen Fuel Cell Market Size, by Type, 2023 – 2030 (USD Billion)
Table 38 RoW Hydrogen Fuel Cell Market Size, by End-Use Application, 2018 – 2022 (USD Billion)
Table 39 RoW Hydrogen Fuel Cell Market Size, by End-Use Application, 2023 – 2030 (USD Billion)
Table 42 RoW Hydrogen Fuel Cell Market Size, by Country, 2018 – 2022 (USD Billion)
Table 43 RoW Hydrogen Fuel Cell Market Size, by Country, 2023 – 2030 (USD Billion)
Table 44 Snapshot – Ballard Power Systems
Table 45 Snapshot – Plug Power
Table 46 Snapshot – FuelCell Energy
Table 47 Snapshot – Bloom Energy
Table 48 Snapshot – ITM Power
Table 49 Snapshot – Hydrogenics
Table 50 Snapshot – PowerCell Sweden
Table 51 Snapshot – AFC Energy
Table 52 Snapshot – Horizon Fuel Cell Technologies
Table 53 Snapshot – Ceres Power
Table 54 Snapshot – Doosan Fuel Cell
Table 55 Snapshot – Toshiba Energy Systems
Table 56 Snapshot – Nedstack
Table 57 Snapshot – Toyoto
Table 58 Snapshot – Honda
Table 59 Snapshot – Hyundai
Table 60 Snapshot – SFC Energy
Table 61 Snapshot – McPhy
Table 62 Snapshot – Nuvera Fuel Cells
Table 63 Snapshot – Loop Energy
Table 64 Snapshot – GreenHydrogen
Table 64 Snapshot – H2Scan

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9  Global Hydrogen Fuel Cell Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Hydrogen Fuel Cell Market Highlight
Figure 12 Global Hydrogen Fuel Cell Market Size, by Type, 2018 – 2030 (USD Billion)
Figure 13 Global Hydrogen Fuel Cell Market Size, by End-Use Application 2018 – 2030 (USD Billion)
Figure 15 Global Hydrogen Fuel Cell Market Size, by Region, 2018 – 2030 (USD Billion)
Figure 16 North America Hydrogen Fuel Cell Market Highlight
Figure 17 North America Hydrogen Fuel Cell Market Size,  by Type, 2018 – 2030 (USD Billion)
Figure 18 North America Hydrogen Fuel Cell Market Size, by End-Use Application 2018–2030 (USD Billion)
Figure 20 North America Hydrogen Fuel Cell Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 21 Europe Hydrogen Fuel Cell Market Highlight
Figure 22 Europe Hydrogen Fuel Cell Market Size, by Type, 2018 – 2030 (USD Billion)
Figure 23 Europe Hydrogen Fuel Cell Market Size, by End-Use Application 2018 – 2030 (USD Billion)
Figure 25 Europe Hydrogen Fuel Cell Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 26 Asia-Pacific Hydrogen Fuel Cell Market Highlight
Figure 27 Asia-Pacific Hydrogen Fuel Cell Market Size,  by Type, 2018 – 2030 (USD Billion)
Figure 28 Asia-Pacific Hydrogen Fuel Cell Market Size, by End-Use Application 2018 – 2030 (USD Billion)
Figure 30 Asia-Pacific Hydrogen Fuel Cell Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 31 RoW Hydrogen Fuel Cell Market Highlight
Figure 32 RoW Hydrogen Fuel Cell Market Size, by Type, 2018 – 2030 (USD Billion)
Figure 33 RoW Hydrogen Fuel Cell Market Size, by End-Use Application 2018 – 2030 (USD Billion)
Figure 35 RoW Hydrogen Fuel Cell Market Size, by Country, 2018 – 2030 (USD Billion)