Global Fuel Cell Air Compressor Market Outlook 2022

Among the core components of the fuel cell, the stack is the "heart" of the fuel cell, providing electricity; the air compressor is the "lung" of the fuel cell, providing the stack with a proper amount of oxygen at an appropriate pressure. Fuel cells are used as power sources in many advanced automobiles today, and this is also a more important position for air compressors used in fuel cells.
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 and China. In terms of product, the Centrifugal is the largest segment, occupying for a share over 40%, followed by Roots and Screw. In terms of application, Commercial Vehicle is the largest market, followed by Passenger Vehicle.

Market Analysis and Insights: Global Fuel Cell Air Compressor Market
The global Fuel Cell Air Compressor market was valued at US$ 24220 million in 2020 and it is expected to reach US$ 38500 million by the end of 2027, growing at a CAGR of 6.8% during 2021-2027.

Global Fuel Cell Air Compressor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Fuel Cell Air Compressor Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Centrifugal Fuel Cell Air Compressor
Roots Fuel Cell Air Compressor
Screw Fuel Cell Air Compressor
Scroll Fuel Cell Air Compressor
Others

Segment by Application
Passenger Vehicle
Commercial Vehicle

By Company
Garrett Motion
Hanon Systems
UQM Technologies
FISCHER Fuel Cell Compressor
Liebherr
Toyota Industries Corporation
Guangdong Guangshun New Energy Power Technology
Rotrex A/S
Fujian Snowman
Xeca Turbo Technology
Air Squared
ZCJSD

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE