Fuel Cells for Data Center Market Analysis, Business Development, Size, Share, Trends, Future Growth, Forecast to 2030

Global Fuel Cells for Data Center Market valued at US $3.65 Billion in 2022 is anticipated to reach a value of US $23.21 Billion in 2030, growing at a CAGR of 26.0%.

One of the industries with the fastest growth rates today is cloud computing and data centres. But they use a lot of power; in fact, the cost of running a data centre might be above 50% in terms of power.Furthermore, because many of them are regarded as vital infrastructure, data centres must have the same level of backup power capacity as their main power supply to avoid failure.The carbon footprint of various power systems is a developing issue. Diesel-fueled generators are the predominant power sources for backup power systems nowadays. But without using fossil fuels, how can data centres meet their massive power needs for both backup and primary electricity?

Uninterruptible power supplies (UPS) and backup power systems that must offer backup power for 24 to 48 hours are also necessary for the majority of large-scale data centres.The industry needs an alternative power source that is dependable, has the capacity to store vast amounts of energy, and leaves no carbon impact in order to achieve these objectives.Fuel cells powered by hydrogen are the solution. The only practical option that satisfies the following crucial conditions of forthcoming mandates is fuel cells:

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PEM fuel cells emit absolutely no emissions. They raise the level of the local air.Sustainable PEM fuel cells include: They satisfies the strictest standards for a sustainable supply chain.PEM fuel cells are trustworthy. High levels of availability and dependability are offered by fuel cells, which deliver consistent power. Fuel cell technology has already produced gigawatts of fuel cell engines and systems, proving its dependability in difficult working environments like buses and trucks.

Benefits of fuel cell power systems:
Long-lasting power: Hydrogen fuel cells have the ability to replenish while in use, allowing them to run continuously. A grid-scale stationary fuel cell power system can serve as the main source of grid-scale power or as a backup.Smaller footprint: Compared to similar battery storage, a grid-scale hydrogen fuel cell technology has a far smaller footprint. The smallest systems on the market are those from Ballard.Recyclable: Ballard's method for reusing and recycling fuel cells is well known; the cell's bipolar plates may be used repeatedly, and 95% of the platinum in the membrane electrode assembly is recovered.

Key Trends of Global Fuel Cells for Data Center
With political leaders across the global coming together to reduce their country's carbon footprint and signing of Paris agreement has given a boost to green and renewable technologies to set themselves in markets. Fuel cells being a non-emission solution for power generation fits the category green and renewable technologies and is growing owing to the carbon emission norms.

Segmental Analysis of Global Fuel Cells for Data Center:

Based on Type
• PEMFC
• SOFC
• PAFC
• MFC
• AFC
• DMFC

Based on Application
• Portable
• Stationary
• Fuel Cell Vehicles

Based on End-user
• Commercial and Industrial
• Data Centers
• Transportation
• Military and Defence
• Residential
• Utilities and Government or Municipal Institute

Commercial & Industrial end user segment to grow at the fastest pace in the forecast period. Almost every type of fuel cell can be used by commercial & industrial end users which enables them to curb GHG emissions.

Based on Size
• Small Scale
• Large Scale

Small scale (up to 200 kW) segment held the majority of market share by fuel cell size in global fuel cell market.
Competitive Landscape:
Bloom Energy, Doosan Fuel Cell Co., Ltd., Aisin Corporation, Plug Power Inc., KYOCERA Corporation, Ceres, Cummins Inc., PowerCell Sweden, TOSHIBA CORPORAT, Ballard Power Systems, SFC Energy AG.
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