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Europe Stationary Fuel Cell Market Share

Report ID: GMI9601
Published Date: May 2024
Report Format: PDF

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Europe Stationary Fuel Cell Market Share

Europe Stationary Fuel Cell Company Market Share

Companies like Ballard Power Systems, FuelCell Energy, Bloom Energy, and Plug Power are prominent players in the European stationary fuel cell market. Various companies specialize in integrating fuel cell systems into different applications, offering customized solutions for specific customer needs. Further, the suppliers of fuel cell components such as membranes, catalysts, and balance of plant equipment play a crucial role in the industry ecosystem.

Europe Stationary Fuel Cell Market Companies

Eminent players operating in the Europe stationary fuel cell industry are:

AFC Energy PLC
Ballard Power Systems
Bloom Energy
Cummins Inc.
Fuji Electric Europe GmbH
FuelCell Energy Inc.
NUVERA FUEL CELLS, LLC.
Plug Power Inc.
SFC Energy AG
Siemens Energy
Toshiba Energy Systems and Solutions Corporation

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of Europe stationary fuel cell was reached USD 191.8 million in 2023 and is anticipated to grow at 6.8% CAGR between 2024 to 2032, owing to the rising requirement for energy security and reliability.

The residential segment in the Europe stationary fuel cell industry is set to witness more than 7% CAGR through 2032, as they provide efficient home heating and electricity.

Germany stationary fuel cell market will generate USD 86 million by 2032, attributed to the strong commitment to renewable energy and energy efficiency, making it an ideal environment for the deployment of fuel cell technology.

AFC Energy PLC, Ballard Power Systems, Bloom Energy, Cummins Inc., Fuji Electric Europe GmbH, FuelCell Energy Inc., NUVERA FUEL CELLS, LLC., Plug Power Inc., SFC Energy AG, Siemens Energy, and Toshiba Energy Systems and Solutions Corporation.