Fuel Cells Market

The study involved 4 major activities in estimating the current market size of the global fuel cells market for military, aviation and space. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across the value chain of the global fuel cells market for military, aviation and space through primary research. Both, top-down and bottom-up approaches were employed to estimate the complete market size. These were followed by the market breakdown and data triangulation procedures to estimate the size of various segments and subsegments of the market.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred for the identification and collection of information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

Prominent companies that provide different products for fuel cells, Small and Medium Enterprises (SMEs), distributors, and end users (aircraft, ground vehicle and satellite manufacturers,) are the key stakeholders in the supply chain of the fuel cells market. For demand side analysis, the trend w.r.t fuel cell adoption in several countries have been observed. Major countries are increasingly adopting smart energy and fuel cell technologies due to the advantages from fuel cell such as higher efficiency, lower carbon emissions, and eco-friendliness. The supply-side is characterized by advancements in technologies and introduction of new materials. Various primary sources from both, supply- and demand-side of the market were interviewed to obtain qualitative and quantitative information. Following the breakdown of primary respondents

Market Size Estimation

Both, top-down and bottom-up approaches were used to estimate and validate the total size of the global fuel cells market for military, aviation and space. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

• The key players in the industry and markets were identified through extensive secondary research.
• The supply chain of the industry and size of the fuel cells   market, in terms of value, was determined through primary and secondary research processes.
• All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the market size estimation processes explained above the market was split into main segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from both, demand- and supply-side of the component manufacturers of fuel cells.

Report Objectives

• To define, segment, and project the global size for global fuel cells market for military, aviation and space
• To understand the structure of global fuel cells market for military, aviation and space by identifying its various segments and subsegments
• To provide detailed information about the key factors such as drivers, restraints, opportunities, and challenges influencing the growth of the market
• To analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
• To project the size of the market and its submarkets, in terms of value, with respect to 5 regions, namely, North America, Europe, Asia Pacific, the Middle East and Latin America, along with their respective key countries
• To profile key players in the market and comprehensively analyze their core competencies
• To understand the competitive landscape of the market and identify major growth strategies adopted by players across key regions
• To analyze the competitive developments such as expansions & collaborations, new product launches, mergers & acquisitions, and contracts, partnerships & agreements in the global fuel cells market for military, aviation and space

Scope of the report

This research report categorizes the global fuel cells market for military, aviation and space into the following segments and sub segments:

Global Fuel Cells Market For Military, Aviation and Space, by Platform

• Airborne
  • Fixed wing aircraft
  • Rotary wing aircraft
• Ground
  • Ground Vehicle
  • Power Plants
• Space
  • Satellite

Global Fuel Cells Market For Military, Aviation and Space, by Application

• Stationary             
• Portable
• Transport

Global Fuel Cells Market For Military, Aviation and Space, by Type

• PEMFC (Proton Exchange Membrane)
• PAFC (Phosphoric acid fuel cell)
• SOFC (Solid Oxide Fuel Cells)
• MCFC (Molten Carbonate Fuel Cells)
• Others

Global Fuel Cells Market For Military, Aviation and Space, by End Use

• Military
• Commercial

Global Fuel Cells Market For Military, Aviation and Space, by System

• Compressor
• Heat Exchanger
• Pumps
• Controller
• Others

Global Fuel Cells Market For Military, Aviation and Space, by Region

• North America
• Europe
• Asia Pacific
• Middle East
• Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to specific requirements of companies.

The following customization options are available for the report:

Product Analysis

• Product matrix, which gives a detailed comparison of the product portfolio of each company.

Regional Analysis

• Further breakdown of the market segments at country-level

Company Information

• Detailed analysis and profiling of additional market players (up to five)