- Which stationary fuel cell technologies will gain the largest market share by 2031?
- What manufacturers are active in the stationary fuel cell industry and how do their strategies differ?
- Which applications will account for the most significant revenue increases by 2031?
- Which stationary fuel cell technologies will be preferred in North America, Europe, Asia Pacific, and Rest of World?
- What opportunities and challenges does the stationary fuel cell face over the next 10 years?
4Q 2022
Market Data: Stationary Fuel Cells
Fuel Cells for Backup Power, Primary Power, and Combined Heat and Power: Global Deployment and Revenue Forecasts, 2022-2031
Stationary fuel cells (SFCs) provide a range of distributed energy services to critical infrastructure sites, industrial facilities, and other end-users, from protecting large energy consumers against grid outages to delivering sustainable process heat. In comparison with combustion-based power solutions such as diesel generators or gas turbines, fuel cells offer higher efficiency potential, lower emissions, and reduced maintenance demands. SFCs also present lower capital costs and longer discharge periods than standalone battery storage systems when used for backup power applications.
Despite these benefits, SFCs remain a niche power generation technology, with uptake heavily concentrated in a handful of markets: the US, Japan, South Korea, and parts of Europe. The SFC industry has yet to undergo a substantial scale-up, hampered by relatively high fixed costs, limited economies of-scale, and immature hydrogen distribution infrastructure for low temperature fuel cell technologies.
In coming years, Guidehouse Insights anticipates that SFC players will benefit from several emerging technology trends. Growing grid resiliency concerns are driving demand for reliable and fuel flexible distributed power generation technologies, especially for critical infrastructure sites such as datacenters and healthcare facilities. Significant uptake of fuel cells for mobility applications, in addition to the rapid scale-up of electrolyzer manufacturing capacity, will assist learning rates for select SFC manufacturers and technologies. Increasing policy support for low carbon infrastructure projects will also make hydrogen cheaper to produce and easier to procure for SFC owners.
This report provides forecasts for annual stationary fuel cell deployments and revenues from 2022-2031, segmented by global region, fuel cell technology, and application.
Pages
39
Tables | Charts | Figures
43
Key Questions Addressed
Who Needs This Report
- Fuel cell manufacturers
- Hydrogen and fuel producers
- Critical infrastructure operators
- Data center stakeholders
- Telecommunications industry stakeholders
- Industrial energy consumers
- Hydrogen nonprofits and research organizations
- Utilities
- Policy makers
- Investor community
Table Of Contents
1. Executive Summary
1.1 Market Introduction
1.2 Market Forecast
2. Market Issues
2.1 Stationary Fuel Cell Technologies
2.1.1 Solid Oxide Fuel Cells
2.1.2 Phosphoric Acid Fuel Cells
2.1.3 Molten Carbonate Fuel Cells
2.1.4 Polymer Electrolyte Membrane Fuel Cells
2.1.5 Alkaline Fuel Cells
2.2 Stationary Fuel Cell Applications
2.3 Stationary Fuel Cell End Uses
2.3.1 Data Centers
2.3.2 Telecommunications
2.3.3 Hospitals
2.3.4 Industries with By-product Hydrogen
2.3.5 EV Charging
2.3.6 Shoreside Power
2.3.7 Micro-CHP
2.3.8 Other End Uses
2.4 Market Drivers
2.4.1 Increasing Policy Support for Hydrogen and Fuel Cells
2.4.2 Grid Resiliency Challenges Drive Deployments
2.4.3 Reductions in Fuel Cell CAPEX
2.5 Market Barriers
2.5.1 Requirement for Fuel Infrastructure
2.5.2 Exposure to Critical Mineral Supply Constraints
3. Market Forecasts
3.1 Methodology
3.2 Global Market Overview
3.2.1 Stationary Fuel Cell Deployments by Region
3.2.2 Stationary Fuel Cell Deployments by Technology
3.2.3 Stationary Fuel Cell Deployments by Application
3.3 Regional Market Overview
3.3.1 North America
3.3.1.1 Stationary Fuel Cell Deployments by Technology
3.3.1.2 Stationary Fuel Cell Deployments by Application
3.3.2 Europe
3.3.2.1 Stationary Fuel Cell Deployments by Technology
3.3.2.2 Stationary Fuel Cell Deployments by Application
3.3.3 Asia Pacific
3.3.3.1 Stationary Fuel Cell Deployments by Technology
3.3.3.2 Stationary Fuel Cell Deployments by Application
3.3.4 Rest of World
3.3.4.1 Stationary Fuel Cell Deployments by Technology
3.3.4.2 Stationary Fuel Cell Deployments by Application
4. Conclusions and Recommendations
5. Acronym and Abbreviation List
6. Table of Contents
7. Table of Charts and Figures
8. Scope of Study, Sources and Methodology, Notes
List of Charts and Figures
- Stationary Fuel Cell Deployments & Revenue by Region, Global Markets, 2022-2031
- Stationary Fuel Cell Deployments & Revenue by Technology, Global Markets, 2022-2031
- Stationary Fuel Cell Deployments & Revenue by Application, Global Markets, 2022-2031
- Stationary Fuel Cell Deployments & Revenue by Technology, North America, 2022-2031
- Stationary Fuel Cell Deployments & Revenue by Application, North America, 2022-2031
- Stationary Fuel Cell Deployments & Revenue by Technology, Europe, 2022-2031
- Stationary Fuel Cell Deployments & Revenue by Application, Europe, 2022-2031
- Stationary Fuel Cell Deployments & Revenue by Technology, Asia Pacific, 2022-2031
- Stationary Fuel Cell Deployments & Revenue by Application, Asia Pacific, 2022-2031
- Stationary Fuel Cell Deployments & Revenue by Technology, Rest of World, 2022-2031
- Stationary Fuel Cell Deployments & Revenue by Application, Rest of World, 2022-2031
List of Tables
- Stationary Fuel Cell Deployments by Region, Global Markets, 2022-2031
- Stationary Fuel Cell Revenues by Region, Global Markets, 2022-2031
- Stationary Fuel Cell Deployments by Technology, Global Markets, 2022-2031
- Stationary Fuel Cell Revenues by Technology, Global Markets, 2022-2032
- Stationary Fuel Cell Deployments by Application, Global Markets, 2022-2031
- Stationary Fuel Cell Revenues by Application, Global Markets, 2022-2031
- Stationary Fuel Cell Deployments by Technology, North America, 2022-2031
- Stationary Fuel Cell Revenues by Technology, North America, 2022-2031
- Stationary Fuel Cell Deployments by Application, North America, 2022-2031
- Stationary Fuel Cell Revenues by Application, North America, 2022-2031
- Stationary Fuel Cell Deployments by Technology, Europe, 2022-2031
- Stationary Fuel Cell Revenues by Technology, Europe, 2022-2031
- Stationary Fuel Cell Deployments by Application, Europe, 2022-2031
- Stationary Fuel Cell Revenues by Application, Europe, 2022-2031
- Stationary Fuel Cell Deployments by Technology, Asia Pacific, 2022-2031
- Stationary Fuel Cell Revenues by Technology, Asia Pacific, 2022-2031
- Stationary Fuel Cell Deployments by Application, Asia Pacific, 2022-2031
- Stationary Fuel Cell Revenues by Application, Asia Pacific, 2022-2031
- Stationary Fuel Cell Deployments by Technology, Rest of World, 2022-2031
- Stationary Fuel Cell Revenues by Technology, Rest of World, 2022-2031
- Stationary Fuel Cell Deployments by Application, Rest of World, 2022-2031
- Stationary Fuel Cell Revenues by Application, Rest of World, 2022-2031
- SOFC Deployments by Region, Global Markets, 2022-2031
- SOFC Revenues by Region, Global Markets, 2022-2031
- PAFC Deployments by Region, Global Markets, 2022-2031
- PAFC Revenues by Region, Global Markets, 2022-2031
- MCFC Deployments by Region, Global Markets, 2022-2031
- MCFC Revenues by Region, Global Markets, 2022-2031
- PEM-FC Deployments by Region, Global Markets, 2022-2031
- PEM-FC Revenues by Region, Global Markets, 2022-2031
- AFC Deployments by Region, Global Markets, 2022-2031
- AFC Revenues by Region, Global Markets, 2022-2031
Choose a License Type
$3,950 USD
$5,925 USD