Fuel cells for marine vessels market to Record a CAGR of 4.2%, Evolving Opportunities with Bloom Energy and Dynad International BV

0
100


NEW YORK, Sept. 28, 2022 /PRNewswire/ — One of the important thing elements driving the gas cells for marine vessels market progress is the demand for alternate propulsion techniques. Conventional techniques are typically primarily based on diesel engines and gasoline generators that convert chemical power into mechanical power. However, lately, there was a shift towards various propulsion techniques. Diesel and gasoline are non-renewable sources of power. They are uncommon and are topic to value fluctuations. In addition, they launch dangerous gases throughout combustion. Moreover, the operation of diesel engines generates noise air pollution. The engines require common upkeep, which leads to excessive operational prices. Hence, marine vessel operators are switching to different propulsion techniques resembling electrical propulsion techniques.

The fuel cells for marine vessels market dimension is anticipated to develop by USD 64.91 million from 2020 to 2025. In addition, the expansion momentum of the market will speed up at a CAGR of 4.2% in the course of the forecast interval, in accordance to Technavio.

Use the evaluation and insights offered by Technavio for efficient decision-making. Download a FREE PDF Sample Report

Key Vendors are their Offerings

Bloom Energy, Dynad International BV, Hyster-Yale Materials Handling Inc., PowerCell Sweden AB, Proton Power Systems plc, SerEnergy AS, SFC Energy AG, Siemens AG, Toshiba Corp., Watt Fuel Cell Corp., amongst others, are the principle gamers within the market. The key choices of some of these distributors are listed under:

  • Bloom Energy – The power server platform supplied by the corporate might be built-in with PowerSafe’s auxiliary battery system to meet the power wants of a facility with versatile lithium-ion battery output powered solely by clear, gas cell-generated electrical energy.
  • Dynad International BV – The firm affords Hydromax 150 gas cell, which is a gas cell battery charger with purposes in marine vessels resembling engine yachts, crusing yachts, and others.
  • Hyster-Yale Materials Handling Inc. – The firm affords gas cell engines beneath the model identify Nuvera, which has many purposes in outputs starting from 10 to 100 kW and greater.
  • PowerCell Sweden AB – The firm’s gas cell techniques are environmentally pleasant and generate energy, that are concentrating on the wants of the cell and stationary industries.
  • Proton Power Systems plc – The firm’s gas cell techniques are best parts of a inexperienced, sustainable, and decentralized energy provide.

This report supplies a full checklist of key distributors, their methods, and newest developments. Buy Now to achieve entry to unique vendor data

Fuel Cells For Marine Vessels Market Technology Outlook (Revenue, USD mn, 2020-2025)

  • PEMFC – dimension and forecast 2020-2025
  • SOFC – dimension and forecast 2020-2025
  • Other gas cells – dimension and forecast 2020-2025

Fuel Cells For Marine Vessels Market Geography Outlook (Revenue, USD mn, 2020-2025)

  • North America – dimension and forecast 2020-2025
  • APAC – dimension and forecast 2020-2025
  • Europe – dimension and forecast 2020-2025
  • South America – dimension and forecast 2020-2025
  • MEA – dimension and forecast 2020-2025

Learn concerning the contribution of every section summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Revenue-generating Technology Segments

The PEMFC section would be the largest contributor to market progress in the course of the forecast interval. Proton trade membrane gas cell (PEMFC) or polymer electrolyte membrane (PEM) gas cells cater to maritime transport purposes. They might be both fastened or moveable. The subcategories of PEMFC embrace high-temperature PEMFC (HTPEMFC) and direct methanol PEMFC (DMPEMFC), which have completely different working temperatures.

Related Reports

Heavy Construction Equipment Market by Type and Geography – Forecast and Analysis 2022-2026: The heavy building gear market dimension is projected to develop by USD 46.09 billion from 2021 to 2026.

Hydraulic Excavator Market by Technology, Application, and Geography – Forecast and Analysis 2022-2026: The hydraulic excavator market share is anticipated to improve by USD 6.04 billion from 2021 to 2026.

Fuel Cells for Marine Vessels Market Scope

Report Coverage

Details

Page quantity

120

Base yr

2020

Forecast interval

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.2%

Market progress 2021-2025

USD 64.91 million

Market construction

Fragmented

YoY progress (%)

4.00

Regional evaluation

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 39%

Key client nations

US, Japan, Germany, and China

Competitive panorama

Leading firms, aggressive methods, client engagement scope

Key firms profiled

Bloom Energy, Dynad International BV, Hyster-Yale Materials Handling Inc., PowerCell Sweden AB, Proton Power Systems plc, SerEnergy AS, SFC Energy AG, Siemens AG, Toshiba Corp., and Watt Fuel Cell Corp.

Market dynamics

Parent market evaluation, market progress inducers and obstacles, fast-growing and slow-growing section evaluation, COVID-19 impression and restoration evaluation and future client dynamics, and market situation evaluation for the forecast interval.

Customization purview

If our report has not included the information that you’re trying for, you’ll be able to attain out to our analysts and get segments personalized.

Browse Industrials Market Reports

Table of Contents

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 01: Parent market
    • Exhibit 02: Market traits
  • 2.2 Value chain evaluation 
    • Exhibit 03: Value chain evaluation: Construction equipment and heavy vans

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 04: Offerings of distributors included within the market definition
  • 3.2 Market section evaluation 
    • Exhibit 05: Market segments
  • 3.4 Market outlook: Forecast for 2020 – 2025
    • Exhibit 06: Global – Market dimension and forecast 2020 – 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year progress 2020 – 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces evaluation 2020 & 2025 
    • Exhibit 08: Five forces evaluation 2020 & 2025
  • 4.2 Bargaining energy of patrons 
    • Exhibit 09: Bargaining energy of patrons
  • 4.3 Bargaining energy of suppliers 
    • Exhibit 10: Bargaining energy of suppliers
  • 4.4 Threat of new entrants 
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes 
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry 
    • Exhibit 13: Threat of rivalry
  • 4.7 Market situation 
    • Exhibit 14: Market situation – Five forces 2020

5 Market Segmentation by Technology

  • 5.1 Market segments 
    • Exhibit 15: Technology – Market share 2020-2025 (%)
  • 5.2 Comparison by Technology 
    • Exhibit 16: Comparison by Technology
  • 5.3 PEMFC – Market dimension and forecast 2020-2025
    • Exhibit 17: PEMFC – Market dimension and forecast 2020-2025 ($ million)
    • Exhibit 18: PEMFC – Year-over-year progress 2020-2025 (%)
  • 5.4 SOFC – Market dimension and forecast 2020-2025
    • Exhibit 19: SOFC – Market dimension and forecast 2020-2025 ($ million)
    • Exhibit 20: SOFC – Year-over-year progress 2020-2025 (%)
  • 5.5 Other gas cells – Market dimension and forecast 2020-2025
    • Exhibit 21: Other gas cells – Market dimension and forecast 2020-2025 ($ million)
    • Exhibit 22: Other gas cells – Year-over-year progress 2020-2025 (%)
  • 5.6 Market alternative by Technology 
    • Exhibit 23: Market alternative by Technology

6 Customer panorama

  • 6.1 Customer panorama 
    • Exhibit 24: Customer panorama

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 25: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparability 
    • Exhibit 26: Geographic comparability
  • 7.3 North America – Market dimension and forecast 2020-2025
    • Exhibit 27: North America – Market dimension and forecast 2020-2025 ($ million)
    • Exhibit 28: North America – Year-over-year progress 2020-2025 (%)
  • 7.4 APAC – Market dimension and forecast 2020-2025
    • Exhibit 29: APAC – Market dimension and forecast 2020-2025 ($ million)
    • Exhibit 30: APAC – Year-over-year progress 2020-2025 (%)
  • 7.5 Europe – Market dimension and forecast 2020-2025
    • Exhibit 31: Europe – Market dimension and forecast 2020-2025 ($ million)
    • Exhibit 32: Europe – Year-over-year progress 2020-2025 (%)
  • 7.6 MEA – Market dimension and forecast 2020-2025
    • Exhibit 33: MEA – Market dimension and forecast 2020-2025 ($ million)
    • Exhibit 34: MEA – Year-over-year progress 2020-2025 (%)
  • 7.7 South America – Market dimension and forecast 2020-2025
    • Exhibit 35: South America – Market dimension and forecast 2020-2025 ($ million)
    • Exhibit 36: South America – Year-over-year progress 2020-2025 (%)
  • 7.8 Key main nations 
    • Exhibit 37: Key main nations
  • 7.9 Market alternative by geography 
    • Exhibit 38: Market alternative by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.2 Market challenges 
    • Exhibit 39: Impact of drivers and challenges

9 Vendor Landscape

  • 9.1 Overview 
    • Exhibit 40: Vendor panorama
  • 9.2 Landscape disruption 
    • Exhibit 41: Landscape disruption
    • Exhibit 42: Industry dangers

10 Vendor Analysis

  • 10.2 Market positioning of distributors 
    • Exhibit 44: Market positioning of distributors
  • 10.3 Bloom Energy Corp. 
    • Exhibit 45: Bloom Energy Corp. – Overview
    • Exhibit 46: Bloom Energy Corp. – Product and service
    • Exhibit 47: Bloom Energy Corp. – Key information
    • Exhibit 48: Bloom Energy Corp. – Key choices
  • 10.4 Dynad International BV 
    • Exhibit 49: Dynad International BV – Overview
    • Exhibit 50: Dynad International BV – Product and service
    • Exhibit 51: Dynad International BV – Key choices
  • 10.5 Hyster-Yale Materials Handling Inc. 
    • Exhibit 52: Hyster-Yale Materials Handling Inc. – Overview
    • Exhibit 53: Hyster-Yale Materials Handling Inc. – Business segments
    • Exhibit 54: Hyster-Yale Materials Handling Inc. – Key choices
    • Exhibit 55: Hyster-Yale Materials Handling Inc. – Segment focus
  • 10.6 Plug Power Inc. 
    • Exhibit 56: Plug Power Inc. – Overview
    • Exhibit 57: Plug Power Inc. – Product and service
    • Exhibit 58: ?Plug Power Inc. – Key information
    • Exhibit 59: Plug Power Inc. – Key choices
  • 10.7 PowerCell Sweden AB 
    • Exhibit 60: PowerCell Sweden AB – Overview
    • Exhibit 61: PowerCell Sweden AB – Product and service
    • Exhibit 62: PowerCell Sweden AB – Key choices
  • 10.8 Proton Power Systems plc 
    • Exhibit 63: Proton Power Systems plc – Overview
    • Exhibit 64: Proton Power Systems plc – Product and service
    • Exhibit 65: ?Proton Power Systems plc – Key information
    • Exhibit 66: Proton Power Systems plc – Key choices
  • 10.9 SFC Energy AG 
    • Exhibit 67: SFC Energy AG – Overview
    • Exhibit 68: SFC Energy AG – Business segments
    • Exhibit 69: ?SFC Energy AG – Key information
    • Exhibit 70: SFC Energy AG – Key choices
    • Exhibit 71: SFC Energy AG – Segment focus
  • 10.10 Siemens AG 
    • Exhibit 72: Siemens AG – Overview
    • Exhibit 73: Siemens AG – Business segments
    • Exhibit 74: ?Siemens AG – Key information
    • Exhibit 75: Siemens AG – Key choices
    • Exhibit 76: Siemens AG – Segment focus
  • 10.11 Toshiba Corp. 
    • Exhibit 77: Toshiba Corp. – Overview
    • Exhibit 78: Toshiba Corp. – Business segments
    • Exhibit 79: ?Toshiba Corp. – Key information
    • Exhibit 80: Toshiba Corp. – Key choices
    • Exhibit 81: Toshiba Corp. – Segment focus
  • 10.12 Watt Fuel Cell Corp. 
    • Exhibit 82: Watt Fuel Cell Corp. – Overview
    • Exhibit 83: Watt Fuel Cell Corp. – Product and service
    • Exhibit 84: Watt Fuel Cell Corp. – Key choices

11 Appendix

  • 11.2 Currency conversion charges for US$ 
    • Exhibit 85: Currency conversion charges for US$
  • 11.3 Research methodology 
    • Exhibit 86: Research Methodology
    • Exhibit 87: Validation strategies employed for market sizing
    • Exhibit 88: Information sources
  • 11.4 List of abbreviations 
    • Exhibit 89: List of abbreviations

About Technavio

Technavio is a main world know-how analysis and advisory firm. Their analysis and evaluation give attention to rising market developments and present actionable insights to assist companies determine market alternatives and develop efficient methods to optimize their market positions.

With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 stories and counting, overlaying 800 applied sciences, spanning throughout 50 nations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 firms. This rising consumer base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to determine alternatives in present and potential markets and assess their aggressive positions inside altering market situations.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Newsroom: newsroom.technavio.org/news/fuel-cells-for-marine-vesselsmarket

SOURCE Technavio



Source by [author_name]

See also  Future of Desalination International Conference is launching with the participation of local and international experts

LEAVE A REPLY

Please enter your comment!
Please enter your name here