A fuel cell is an electrochemical cell that converts the chemical energy of a fuel (often hydrogen) and an oxidizing agent (often oxygen) into electricity through a pair of redox reactions. Fuel cells are different from most batteries in requiring a continuous source of fuel and oxygen (usually from air) to sustain the chemical reaction, whereas in a battery the chemical energy usually comes from metals and their ions or oxides that are commonly already present in the battery, except in flow batteries. Fuel cells can produce electricity continuously for as long as fuel and oxygen are supplied.
The industry's leading producers are Bloom Energy, Panasonic and Toshiba ESS, which accounted for 27.22%, 13.74% and 7.33% of revenue in 2019.

Market Analysis and Insights: Global Fuel Cell Market
The global Fuel Cell market size is projected to reach US$ 13170 million by 2026, from US$ 4331 million in 2020, at a CAGR of 20.4% during 2021-2026.

Global Fuel Cell Scope and Market Size
The global Fuel Cell market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Fuel Cell market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Fuel Cell market is segmented into
PEMFCs
SOFC
MCFC
PAFC
Others

Segment by Application, the Fuel Cell market is segmented into
Transport
Stationary
Portable

The Fuel Cell market is analysed and market size information is provided by regions (countries). Segment by Application, the Fuel Cell market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Fuel Cell Market Share Analysis
Fuel Cell market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Fuel Cell business, the date to enter into the Fuel Cell market, Fuel Cell product introduction, recent developments, etc.

The major vendors covered:
Bloom Energy
Panasonic
Toshiba ESS
Aisin Seiki
Plug Power
Ballard Power Systems
Mitsubishi
Doosan
FuelCell Energy
POSCO Energy
Hydrogenics
SOLIDpower
Ceres Power
Horizon Fuel Cell Technologies
Convion