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Stationary Fuel Cell Market Share

Report ID: GMI5221
Published Date: Nov 2023
Report Format: PDF

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Stationary Fuel Cell Market Share

Stationary Fuel Cell Market Company Market Share

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Eminent players operating in the Stationary fuel cell industry are:

Cummins, Inc.
Ballard Power Systems
Plug Power Inc.
NUVERA FUEL CELLS, LLC.
Bloom Energy
Doosan Fuel Cell Co., Ltd.
Siemens Energy
Fuji Electric Co., Ltd.
FuelCell Energy, Inc.
TOSHIBA CORPORATION
SFC Energy AG
Aris Renewable Energy LLC.
Altergy
AFC Energy PLC
GenCell Ltd.
poscoenergy

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of stationary fuel cell was worth USD 1.48 billion in 2023 and is set to reach over USD 4.04 billion by 2032, driven by the mounting investments from both public & private sectors on developing the hydrogen infrastructure.

Stationery fuel cell market from the 3 kW – 10 kW capacity segment is anticipated to generate more than USD 453 million by 2032, owing to the shifting consumer preferences toward clean energy to reduce carbon emissions along with modern technological advancements.

Europe stationary fuel cell industry size is set to expand at over 6.5% CAGR from 2023 to 2032 attributed to the growing R&D activities for efficient power generation along with transmission solutions.

Some of the top stationary fuel cell companies are Cummins, Inc., Ballard Power Systems, Plug Power Inc., TOSHIBA CORPORATION, NUVERA FUEL CELLS, LLC., Doosan Fuel Cell Co., Ltd., Siemens Energy, and Fuji Electric Co., Ltd., among others.