Fuel Cell for Data Center Market Share, Size & Competitive...

Fuel Cell for Data Center Market Share, Size & Competitive Landscape Report 2030

Δημοσιευμένα 2025-10-15 07:21:34

Future Global Fuel Cell for Data Center Market: Key Dynamics, Size & Share Analysis

The Global Fuel Cell for Data Center Market size was valued at around USD 175 million in 2024 and is projected to reach USD 400 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 16% during the forecast period, i.e., 2025-30.

Top Driver Impacting the Global Fuel Cell for Data Center Market Growth

Increasing Focus on Sustainability & Emission Targets – The demand for the use of fuel cells in the data center is primarily driven by the global need to achieve sustainability goals and emission targets. This is because the data centers consume a significant amount of global electricity. The International Energy Agency (IEA) highlighted that around 1.5% of global electricity usage goes to data centers. The increase in electricity consumption is driven by the escalating adoption of artificial intelligence worldwide. Goldman Sachs expects that the rise in artificial intelligence's adoption will raise the power demand by 160% by 2030. This is mainly due to AI using more computing power. For example, a ChatGPT query requires around 2.9 Wh of electricity compared to just 0.9 Wh on a Google search. The increasing electricity consumption would result in an increase in global emissions by data centers.

IEA estimated that the data centers are responsible for about 1% of the worldwide greenhouse gas emissions related to energy, in 2020. The increase in data centers in the rapidly digitalizing world would further increase the emission of data centers. The unfolding of these scenarios coupled with the countries' policies regarding adopting sustainable practices to curb emissions would push the demand for fuel cells in the data centers.

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Understanding the Core Segments in the Fuel Cell for Data Center Market

Fuel Cell for Data Center Market Size, Share & Industry Trends Analysis - By Fuel Cell Type (Proton Exchange Membrane Fuel Cells (PEMFC), Solid Oxide Fuel Cells (SOFC), Molten Carbonate Fuel Cells (MCFC), Phosphoric Acid Fuel Cells (PAFC), Others (Alkaline Fuel Cells, Direct Methanol Fuel Cells, etc.)), By Power (Low Power (Less than 100 KW), Medium Power (Between 100 – 1,000 KW), High Power (Greater than 1,000 KW)), By Application (Primary Power Source, Backup Power Source, Combined Heat and Power (CHP) Systems, Grid Stabilization), By Data Center Type (Telecommunications, Internal Service Provider (ISPs), Colocation Server Hosting Facilities (CoLo), Server Farms, Corporate Data Centers, University/National Laboratory, Others), By End Users (IT and Telecommunication, Government, Healthcare, Others) and Others

Geographical Analysis of the Fuel Cell for Data Center Market

-By Region

North America
South America
Europe
The Middle East and Africa
Asia-Pacific

North America dominates the market with a share of more than 50% in the Fuel Cell for Data Center Industry in 2024. This is primarily due to the region having more than 50% of the global data center capacity added by major technology companies originating from the region.

Who Dominates the Fuel Cell for Data Center Market Insights on Key Industry Players?

Companies are strengthening their presence in the Fuel Cell for Data Center market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services

Hitachi Energy
Bosch Hydrogen Energy
PowerCell Group
ESB Group
Panasonic
AFC Energy
Energy
FuelCell Energy, Inc.
Ballard Power Systems
Plug Power Inc.
Doosan Fuel Cell
Ceres Power
Rolls-Royce plc
ECL
Nedstack
Others

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