About Fuel Cell Bipolar Plate
Fuel cell bipolar plate is a component of proton exchange membrane commonly known as PEM. PEM is a fuel cell with a multifunctional character. It uniformly distribute fuel gas and air, conduct electrical current from cell to cell, remove heat from the active area, and prevent leakage of gases and coolant. Fuel cell bipolar plate also significantly contribute to the volume, weight and cost of PEM fuel cell stacks.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The market for Fuel Cell Bipolar Plate is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Fuel Cell Bipolar Plate market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Symbio (France), Boston Materials (United States), Dana Inc (United States), Precision Micro (United Kingdom), Hycco (France), Schunk Carbon Technology (China), Poco Entegris (United States), Ballard (Canada), Cellimpact (Sweden) and Interplex Holdings Pte. Ltd. (Singapore) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Fuel Cell Bipolar Plate market by Type (Graphite Plate, Polymer Composite Plate and Metal Composite), Application (Proton Exchange Membrane Fuel Cells (PEMFC), Phosphoric Acid Fuel Cells (PAFC), Molten Carbonate Fuel Cells (MCFC), Solid Oxide Fuel Cells (SOFC) and Other) and Region.
On the basis of geography, the market of Fuel Cell Bipolar Plate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Commercial will boost the Fuel Cell Bipolar Plate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Fuel Cell Bipolar Plate Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increasing Demand in Fuel Cell Inverter Manufacturing
- Increasing Demand in Automotive Industry
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Influencing Trends | - Innovation of Advanced Fuel Engine
- Rapid Adoption of Renewable and Green Energy Technology
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Restraints | - Higher Raw Material Cost Associated with Fuel Cell Bipolar Plate
- Short Lifetime and Easily Breakable Material
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Road Blocks / Challenges | - Lack of Sustainability Associated with Fuel Cell Bipolar Plate
- Lack of Skilled and Material Handling Labor
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Gaps & Opportunities | - Development In New Fuel Cell Technologies
- Developing Industrialization and Globalization
- Growth in Mobile and Energy Solution
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Market Leaders and their expansionary development strategies
On 13 October 2021 Dana Has Announced That It Has Signed A Long-Term Cooperation Agreement With Robert Bosch Gmbh To Mass Produce Metallic Bipolar Plates For Fuel-Cell Stacks. Dana's Licensed Intellectual Property Will Serve As The Foundation For The Companies To Co-Develop And Co-Produce The Next Generation Of Metallic Bipolar Plates And Drive Excellence Across Manufacturing Processes.
On 8 June 2022, Symbio, A Michelin And Faurecia Hydrogen Company, And Schaeffler Group Have Signed An Agreement For The Creation Of A 50:50 Joint Venture Firm To Produce Fuel Cell Bipolar Plates For Global Mobility And Energy Solutions.
Key Target Audience
Fuel Cell Bipolar Plate Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.