Fuel Cell Air Compressor Market, Global Outlook and Forecast 2023-2032

The global Fuel Cell Air Compressor market was valued at US$ 219.2 million in 2022 and is projected to reach US$ 666.7 million by 2029, at a CAGR of 17.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The Fuel Cell Air Compressor market covers Centrifugal, Roots, etc. The typical players include Rotrex A/S, UQM Technologies, Garrett Motion, Toyota Industries Corporation, etc.

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As an important part of the hydrogen fuel cell system supply chain system accessory (BOP), the air compressor is equivalent to the "lung" of the fuel cell. It pressurizes the air entering the stack to improve the power density and efficiency of the fuel cell. The pressure and flow output of the air compressor can even directly affect the stoichiometric ratio and air humidification characteristics in the fuel cell engine to a large extent, and then affect the voltage output of the fuel cell stack and the power output of the fuel cell engine.

This report aims to provide a comprehensive presentation of the global market for Fuel Cell Air Compressor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fuel Cell Air Compressor. This report contains market size and forecasts of Fuel Cell Air Compressor in global, including the following market information:

Global Fuel Cell Air Compressor Market Revenue, 2018-2023, 2024-2032, ($ millions)

Global Fuel Cell Air Compressor Market Sales, 2018-2023, 2024-2032, (K Units)

Global top five Fuel Cell Air Compressor companies in 2022 (%)

Global key players of fuel cell air compressor include Garrett Motion, Hanon Systems, UQM Technologies, FISCHER Fuel Cell Compressor, Liebherr, Toyota Industries Corporation and Guangdong Guangshun New Energy Power Technology, etc. Among them, Garrett Motion is the largest manufacturer, with a share about 18 percent. North America is the largest market, with a share over 40%, followed by Europe. In terms of product, the centrifugal is the largest segment, occupying for a share about 70%, followed by roots and screw. In terms of application, passenger vehicle is the largest market, followed by commercial vehicle.

We surveyed the Fuel Cell Air Compressor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Fuel Cell Air Compressor Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Fuel Cell Air Compressor Market Segment Percentages, by Type, 2022 (%)

• Centrifugal

• Roots

• Screw

• Scroll

• Others

Global Fuel Cell Air Compressor Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Fuel Cell Air Compressor Market Segment Percentages, by Application, 2022 (%)

• Passenger Vehicle

• Commercial Vehicle

Global Fuel Cell Air Compressor Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Fuel Cell Air Compressor Market Segment Percentages, By Region and Country, 2022 (%)

• North America

• US

• Canada

• Mexico

• Europe

• Germany

• France

• U.K.

• Italy

• Russia

• Nordic Countries

• Benelux

• Rest of Europe

• Asia

• China

• Japan

• South Korea

• Southeast Asia

• India

• Rest of Asia

• South America

• Brazil

• Argentina

• Rest of South America

• Middle East & Africa

• Turkey

• Israel

• Saudi Arabia

• UAE

• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Fuel Cell Air Compressor revenues in global market, 2018-2023 (Estimated), ($ millions)

• Key companies Fuel Cell Air Compressor revenues share in global market, 2022 (%)

• Key companies Fuel Cell Air Compressor sales in global market, 2018-2023 (Estimated), (K Units)

• Key companies Fuel Cell Air Compressor sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Rotrex A/S

• UQM Technologies

• Garrett Motion

• Toyota Industries Corporation

• Liebherr

• Aeristech Ltd

• Eaton

• GSE International

• FISCHER Fuel Cell Compressor

• BorgWarner

• Air Squared

• Howden Group Holdings

• Hanbell Precise Machinery

• Beijing TXR-S Technology

• Hebei Jinshidun

• Easyland Group

• Guangdong Guangshun New Energy Power Technology

• Xeca Turbo Technology

• Fujian Snowman

• Hanon Systems

Outline of Major Chapters:

Chapter 1: Introduces the definition of Fuel Cell Air Compressor, market overview.

Chapter 2: Global Fuel Cell Air Compressor market size in revenue and volume.

Chapter 3: Detailed analysis of Fuel Cell Air Compressor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Fuel Cell Air Compressor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Fuel Cell Air Compressor capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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