Global Fuel Cells In Aerospace And Defense Market Size study, By Product (PEMFC, SOFC), By Application (Aerospace, Defense), and Regional Forecasts 2022-2028

BIZ4982805
200 Pages
May 2022
Energy and Power

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Global Fuel Cells In Aerospace And Defense Market is valued at approximately USD 221.3 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 30.47% over the forecast period 2022-2028. A fuel cell is an electrochemical cell that uses redox processes to transform the chemical energy of a fuel and an oxidizing agent into electricity. This cell is highly adopted for cleanly and efficiently producing electricity. The rising demand for fuel cells in the Aerospace and Defense, increasing investments in the aerospace sector, and availability of favorable government policies are the several major factors that are soaring the market demand across the globe. For instance, according to the India Brand Equity Foundation, in February 2021, 34 aerospace and defense firms invested a total of USD 322.9 million, in boosting the growth of Aviation business in Karnataka, Abhyuday Bharat defense cluster, with an investment project of USD 129.2 million, Gopalan Aerospace Ltd, with an investment proposal of USD 56.6 million, Alpha Design Technology, with an investment proposal of USD 32.3 million, and TESBL Aerospace Corporation, with an investment project of USD 32.3 million, and others. Thus, the rising investment in the aerospace and defense segment is exhibiting a positive influence on the market growth globally. However, the high cost of fuel cells impedes the growth of the market over the forecast period of 2022-2028. Also, various technological advancements and growing demand for non-conventional sources of energy are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Fuel Cells In Aerospace And Defense Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to public-private partnerships for fuel cell technology development and increasing government investment in private companies. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR of 49.10% by 2027. Factors such as rising defense expenditure, as well as growing focus on renewable energy, would create lucrative growth prospects for the Fuel Cells In Aerospace And Defense Market across the Asia-Pacific region.

Major market players included in this report are:

Advent Technologies

Australian Fuel Cells Pty Ltd.

GenCell Ltd.

Honeywell International Inc.

Infinity Fuel Cell and Hydrogen, Inc.

Intelligent Energy Limited

Plug Power, Inc.

HyPoint, Inc.

Cummins Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

PEMFC

SOFC

By Application:

Aerospace

Defense

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Fuel Cells In Aerospace And Defense Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Fuel Cells In Aerospace And Defense Market, by Region, 2020-2028 (USD Million)

1.2.2. Fuel Cells In Aerospace And Defense Market, by Product, 2020-2028 (USD Million)

1.2.3. Fuel Cells In Aerospace And Defense Market, by Application, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Fuel Cells In Aerospace And Defense Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Fuel Cells In Aerospace And Defense Market Dynamics

3.1. Fuel Cells In Aerospace And Defense Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Rising demand for fuel cells in the Aerospace and Defense

3.1.1.2. Increasing investments in the aerospace sector

3.1.1.3. Availability of favourable governmental policies

3.1.2. Market Challenges

3.1.2.1. High cost of the fuel cells

3.1.3. Market Opportunities

3.1.3.1. Various technological advancements

3.1.3.2. Rising demand for the non-conventional sources of energy

Chapter 4. Global Fuel Cells In Aerospace And Defense Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Fuel Cells In Aerospace And Defense Market, by Product

6.1. Market Snapshot

6.2. Global Fuel Cells In Aerospace And Defense Market by Product, Performance - Potential Analysis

6.3. Global Fuel Cells In Aerospace And Defense Market Estimates & Forecasts by Product, 2018-2028 (USD Million)

6.4. Fuel Cells In Aerospace And Defense Market, Sub Segment Analysis

6.4.1. PEMFC

6.4.2. SOFC

Chapter 7. Global Fuel Cells In Aerospace And Defense Market, by Application

7.1. Market Snapshot

7.2. Global Fuel Cells In Aerospace And Defense Market by Application, Performance - Potential Analysis

7.3. Global Fuel Cells In Aerospace And Defense Market Estimates & Forecasts by Application, 2018-2028 (USD Million)

7.4. Fuel Cells In Aerospace And Defense Market, Sub Segment Analysis

7.4.1. Aerospace

7.4.2. Defense

Chapter 8. Global Fuel Cells In Aerospace And Defense Market, Regional Analysis

8.1. Fuel Cells In Aerospace And Defense Market, Regional Market Snapshot

8.2. North America Fuel Cells In Aerospace And Defense Market

8.2.1. U.S. Fuel Cells In Aerospace And Defense Market

8.2.1.1. Product breakdown estimates & forecasts, 2018-2028

8.2.1.2. Application breakdown estimates & forecasts, 2018-2028

8.2.2. Canada Fuel Cells In Aerospace And Defense Market

8.3. Europe Fuel Cells In Aerospace And Defense Market Snapshot

8.3.1. U.K. Fuel Cells In Aerospace And Defense Market

8.3.2. Germany Fuel Cells In Aerospace And Defense Market

8.3.3. France Fuel Cells In Aerospace And Defense Market

8.3.4. Spain Fuel Cells In Aerospace And Defense Market

8.3.5. Italy Fuel Cells In Aerospace And Defense Market

8.3.6. Rest of Europe Fuel Cells In Aerospace And Defense Market

8.4. Asia-Pacific Fuel Cells In Aerospace And Defense Market Snapshot

8.4.1. China Fuel Cells In Aerospace And Defense Market

8.4.2. India Fuel Cells In Aerospace And Defense Market

8.4.3. Japan Fuel Cells In Aerospace And Defense Market

8.4.4. Australia Fuel Cells In Aerospace And Defense Market

8.4.5. South Korea Fuel Cells In Aerospace And Defense Market

8.4.6. Rest of Asia Pacific Fuel Cells In Aerospace And Defense Market

8.5. Latin America Fuel Cells In Aerospace And Defense Market Snapshot

8.5.1. Brazil Fuel Cells In Aerospace And Defense Market

8.5.2. Mexico Fuel Cells In Aerospace And Defense Market

8.6. Rest of The World Fuel Cells In Aerospace And Defense Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Advent Technologies

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Australian Fuel Cells Pty Ltd.

9.2.3. GenCell Ltd.

9.2.4. Honeywell International Inc.

9.2.5. Infinity Fuel Cell and Hydrogen, Inc.

9.2.6. Intelligent Energy Limited

9.2.7. Plug Power, Inc.

9.2.8. HyPoint, Inc.

9.2.9. Cummins Inc.

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Fuel Cells In Aerospace And Defense Market, report scope

TABLE 2. Global Fuel Cells In Aerospace And Defense Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Fuel Cells In Aerospace And Defense Market estimates & forecasts by Product 2018-2028 (USD Million)

TABLE 4. Global Fuel Cells In Aerospace And Defense Market estimates & forecasts by Application 2018-2028 (USD Million)

TABLE 5. Global Fuel Cells In Aerospace And Defense Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 6. Global Fuel Cells In Aerospace And Defense Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 7. Global Fuel Cells In Aerospace And Defense Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Fuel Cells In Aerospace And Defense Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Fuel Cells In Aerospace And Defense Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Fuel Cells In Aerospace And Defense Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Fuel Cells In Aerospace And Defense Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Fuel Cells In Aerospace And Defense Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Fuel Cells In Aerospace And Defense Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Fuel Cells In Aerospace And Defense Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. U.S. Fuel Cells In Aerospace And Defense Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. U.S. Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 17. U.S. Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 18. Canada Fuel Cells In Aerospace And Defense Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 19. Canada Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 20. Canada Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 21. UK Fuel Cells In Aerospace And Defense Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 22. UK Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 23. UK Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 24. Germany Fuel Cells In Aerospace And Defense Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 25. Germany Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 26. Germany Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 27. RoE Fuel Cells In Aerospace And Defense Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 28. RoE Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 29. RoE Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 30. China Fuel Cells In Aerospace And Defense Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 31. China Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 32. China Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 33. India Fuel Cells In Aerospace And Defense Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 34. India Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 35. India Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 36. Japan Fuel Cells In Aerospace And Defense Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 37. Japan Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 38. Japan Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 39. RoAPAC Fuel Cells In Aerospace And Defense Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 40. RoAPAC Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 41. RoAPAC Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 42. Brazil Fuel Cells In Aerospace And Defense Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 43. Brazil Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 44. Brazil Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 45. Mexico Fuel Cells In Aerospace And Defense Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 46. Mexico Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 47. Mexico Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 48. RoLA Fuel Cells In Aerospace And Defense Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 49. RoLA Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 50. RoLA Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 51. Row Fuel Cells In Aerospace And Defense Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 52. Row Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 53. Row Fuel Cells In Aerospace And Defense Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 54. List of secondary sources, used in the study of global Fuel Cells In Aerospace And Defense Market

TABLE 55. List of primary sources, used in the study of global Fuel Cells In Aerospace And Defense Market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

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