Apr 8, 2022

| Technavio News provided by Share this article Share this article NEW YORK, April 8, 2022 /PRNewswire/ -- According to the research report, Hydrogen Fuel Cell Stacks Market  will witness a YOY growth of 21.35% in 2022 at a CAGR of 22.30% during the forecast period. The report is segmented by application (transport, stationary, and portable) and geography (Americas, APAC, and EMEA). The increased incentives to encourage the use of FCVs is one of the primary reasons driving the worldwide hydrogen fuel cell stacks market growth. Technavio has announced its latest market research report titled Hydrogen Fuel Cell Stacks Market by Application and Geography - Forecast and Analysis 2022-2026 Vendor Insights  Hydrogen Fuel Cell Stacks Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including: Advent Technologies Holdings Inc. Xinyuan Power Co. Ltd.  Find additional highlights on the growth strategies adopted by vendors and their product offerings,  Read Free Sample Report . Geographical Market Analysis  The Americas will account for 56 percent of market growth. In the Americas, the United States is the most important market for hydrogen fuel cell stacks. The market in this area will increase at a quicker rate than the market in APAC. The huge increase in demand for hydrogen fuel cell stacks in countries such as the United States as a result of government initiatives and incentives will aid market expansion in the Americas throughout the forecast period. Furthermore, countries such as the US, Japan, South Korea (Republic of Korea), China, and Germany are expected to emerge as prominent markets for Hydrogen Fuel Cell Stacks Market during the forecast period. Know more about this market's geographical distribution along with a detailed analysis of the top regions. Download Free Sample Report. Hydrogen Fuel Cell Stacks Market Value Chain Analysis In order to optimize profit margins and evaluate company plans, an end-to-end understanding of the value chain is required. During the projected period, the data in our value chain analysis segment can assist vendors to reduce costs and improving customer service. The value chain of  the global renewable electricity market includes the following core components: Inputs Innovation View FREE Sample : to know additional highlights and key points on value chain anlysis in coming years. Key Market Drivers & Challenges:  The increased incentives to encourage the use of FCVs is one of the primary reasons driving the worldwide hydrogen fuel cell stacks market growth. Another significant trend that is predicted to have a favorable impact on the industry in the projected period is the increase in strategic alliances and R&D efforts. The high cost of fuel cell development and adoption, on the other hand, is one of the major roadblocks to the worldwide hydrogen fuel cell stacks market's growth. Download free sample  for highlights on market Drivers & Challenges affecting the Hydrogen Fuel Cell Stacks Market. Customize Your Report  Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer USD 1,000 worth of FREE customization at the time of purchase. Speak to our Analyst now! Related Reports:  Key companies profiled Advent Technologies Holdings Inc., Ballard Power Systems Inc., Cummins Inc., Freudenberg FST GmbH, Horizon Fuel Cell Technologies Pte. Ltd., Nuvera Fuel Cells LLC, Plug Power Inc., PowerCell Sweden AB, Proton Power Systems plc, and Xinyuan Power Co. Ltd. Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Contents                4.2 Bargaining power of buyers                                           Exhibit 16: Bargaining power of the buyer                4.3 Bargaining power of suppliers                                       Exhibit 17: Bargaining power of the supplier                4.4 Threat of new entrants                                    Exhibit 18: Threat of new entrants                4.5 Threat of substitutes                          4.6 Threat of rivalry                   4.7 Market condition  5. Market Segmentation by Application                5.1 Market segments                5.2 Comparison by  Application                            5.3 Transport - Market size and forecast 2021-2026                                    Exhibit 24:  Transport- Market size and forecast 2021-2026 ($ million)                               Exhibit 25:  Transport - Year-over-year growth 2021-2026 (%)                5.4 Stationary - Market size and forecast 2021-2026                                   Exhibit 26: Stationary - Market size and forecast 2021-2026 ($ million)                               Exhibit 27:Stationary- Year-over-year growth 2021-2026 (%)                5.5 Portable - Market size and forecast 2021-2026                                      Exhibit 28:  Portable - Market size and forecast 2021-2026 ($ million)                               Exhibit 29: Portable - Year-over-year growth 2021-2026 (%)                5.6 Market opportunity by Application                                             Exhibit 30:  Market opportunity by Application 6. Customer landscape                                                       Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria                6.1 Overview                               Exhibit 34:  Americas - Market size and forecast 2021-2026($ million)                               Exhibit 35:  Americas - Year-over-year growth 2021-2026 (%)                7.4 APAC - Market size and forecast 2021-2026                                            Exhibit 36: APAC  - Market size and forecast 2021-2026 ($ million)                               Exhibit 37:  APAC - Year-over-year growth 2021-2026 (%)                7.5 EMEA - Market size and forecast 2021-2026                                           Exhibit 38:  EMEA - Market size and forecast 2021-2026 ($ million)                               Exhibit 39: EMEA  - Year-over-year growth 2021-2026(%)                7.6 Key leading countries                        7.7 Market opportunity by geography                               Exhibit 41:  Market opportunity by geography ($ million) 8. Drivers, Challenges, and Trends                                  8.1 Market drivers                                     8.1.2    Favorable government regulations and initiatives                               8.1.3    Rising demand for clean energy sources                8.2 Market challenges                                             8.2.2    Challenges associated with hydrogen refueling facilities                               8.2.3    Competition from alternative technologies                               Exhibit 42:  Impact of drivers and challenges                8.3 Market trends                                     8.3.2    Growing adoption in material handling applications                               8.3.3    Increasing adoption of microgrids 9. Vendor Landscape                                                           Exhibit 47: ?Market positioning of vendors? 10.3   Advent Technologies Holdings Inc.                                         Exhibit 48:  Advent Technologies Holdings Inc. - Overview                               Exhibit 49:  Advent Technologies Holdings Inc. - Product and service                               Exhibit 50:  Advent Technologies Holdings Inc. - Key offerings                10.4   Ballard Power Systems Inc.                                        Exhibit 51:  Ballard Power Systems Inc. - Overview                               Exhibit 52:  Ballard Power Systems Inc. - Business segments                               Exhibit 53:  Ballard Power Systems Inc. - Key offerings                               Exhibit 54:  Ballard Power Systems Inc. - Segment focus                10.5   Cummins Inc.                                   Exhibit 56:  Cummins Inc. - Business segments                               Exhibit 57:  Cummins Inc. - Key offerings                               Exhibit 58:  Cummins Inc. - Segment focus                10.6   Freudenberg FST GmbH                               Exhibit 60:  Freudenberg FST GmbH - Product and service                               Exhibit 61:  Freudenberg FST GmbH - Key offerings                10.7   Horizon Fuel Cell Technologies Pte. Ltd.                                Exhibit 62:  Horizon Fuel Cell Technologies Pte. Ltd. - Overview                               Exhibit 63:  Horizon Fuel Cell Technologies Pte. Ltd. - Product and service                               Exhibit 64:  Horizon Fuel Cell Technologies Pte. Ltd. - Key offerings                10.8   Nuvera Fuel Cells LLC                                   Exhibit 65:  Nuvera Fuel Cells LLC - Overview                               Exhibit 66:  Nuvera Fuel Cells LLC - Product and service                               Exhibit 67:  Nuvera Fuel Cells LLC - Key offerings                10.9   Plug Power Inc.                               Exhibit 69:  Plug Power Inc. - Product and service                               Exhibit 70:  Plug Power Inc. - Key offerings                10.10 PowerCell Sweden AB                                 Exhibit 72:  PowerCell Sweden AB - Product and service                               Exhibit 73:  PowerCell Sweden AB - Key offerings                10.11 Proton Power Systems plc                                         Exhibit 74:  Proton Power Systems plc - Overview                               Exhibit 75:  Proton Power Systems plc - Product and service                               Exhibit 76:  Proton Power Systems plc - Key offerings                10.12 Xinyuan Power Co. Ltd.                               Exhibit 77:  Xinyuan Power Co. Ltd. - Overview                               Exhibit 78:  Xinyuan Power Co. Ltd. - Product and service                               Exhibit 79:  Xinyuan Power Co. Ltd. - Key offerings 11. Appendix                                                          11.1.1 Market definition About Us:  Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. 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