According to a market report by Lucintel, the future of the global compact hydrogen fuel cell market looks promising with opportunities in the industrial vehicle and drone markets. The global compact hydrogen fuel cell market is expected to grow with a CAGR of 8.1% from 2025 to 2031. The major drivers for this market are the increasing demand for portable power solutions, the rising adoption in drones & vehicles, and the growing investment in hydrogen technology.
A more than 150-page report to understand trends, opportunity and forecast in compact hydrogen fuel cell market to 2031 by type (phosphoric acid fuel cell and polymer electrolyte membrane fuel cell), application (industrial vehicles, drones, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, polymer electrolyte membrane fuel cell is expected to witness higher growth over the forecast period.
Within the application category, drone is expected to witness higher growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Panasonic, Plug Power, Toshiba, Ballard, SinoHytec, Hyundai Mobis, Toyota Denso, NEXTY Electronics, Unmanned Systems Technology, Doosan are the major suppliers in the compact hydrogen fuel cell market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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