France Fuel Cell - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 95 Pages I Mordor Intelligence
The France Fuel Cell Market is expected to register a CAGR of greater than 10% during the forecast period.
The market was negatively impacted by the COVID-19 pandemic in 2020. Presently, the market has reached pre-pandemic levels.
Key Highlights
- Over the medium term, increasing hydrogen filling stations and rising demand for fuel cell electric vehicles (FCEVs) are expected to drive the growth of the market in the future.
- On the other hand, less number of refuel stations compared to vehicle production due to the supply-demand gap is expected to hamper the growth of the French fuel cell market during the forecast period.
- The European Union plans to significantly reduce GHG emissions from the transportation sector. As a result, the French government is implementing innovative technologies, such as fuel cells (primarily PEMFC), to meet these objectives, thus creating lucrative growth opportunities for the market during the forecast period.
France Fuel Cell Market Trends
Increasing Hydrogen Filling Stations
- The government is planning to ensure sufficient availability of hydrogen in France at a competitive cost compared to the cost of energy for a diesel vehicle (i.e., less than 7 EUR/kg). Such incentives are expected to supplement the demand for fuel cells in France in the long run.
- In late 2019, France issued the Mobility Orientation Law, which aims to decarbonize land transport by 2050, as well as formulated measures to reach the goal. One of the measures is to phase out the sale of vehicles that directly emit CO2 from 2040. Therefore, the demand for zero-emission vehicles, such as fuel cell vehicles that deploy PEM, is expected to increase during the forecast period.
- Renault SA and Plug Power Inc. signed an MoU in January 2021 to launch a 50-50 joint venture based in France by the end of the first half of 2021, targeting over 30% share of the fuel cell-powered light commercial vehicle (LCV) market in Europe.
- The government of France, under its new strategy Plan Hydrogene, aims to invest heavily in hydrogen and fuel cell technology. In October 2021, France announced its plans to invest EUR 30 billion to test hydrocarbon technologies and for R&D purposes by 2030. The government is planning to install 100 hydrogen filling stations by 2023. By 2028, this number is expected to increase to 400-1,000 hydrogen filling stations.
- Therefore, factors such as increasing hydrogen filling stations and efforts to incorporate fuel cell technology in transportation and other applications are expected to drive the French fuel cell market during the forecast period.
Transportation Sector to Dominate the Market
- The rising environmental issues, such as climate change and low air quality, due to significant growth in the regional transportation sector and high fossil fuel consumption have generated the need for clean energy sources.
- Fuel cells generate zero emissions and contribute to eliminating greenhouse gases. A fuel cell majorly uses hydrogen or methanol, thus reducing economic dependence on oil and gas while optimizing energy security. Rising environmental concerns and growing infrastructure related to hydrogen refueling stations are likely to support the vehicular fuel cell market's growth over the forecast period.
- The transportation sector accounted for more than half of the market share in 2021. It is expected to continue its dominance in the coming years as well. The French government is focusing on clean energy usage in the transportation sector, which may create significant demand for fuel cell technologies.
- In 2021, diesel was the most consumed fuel in the French transportation sector, at over 340 TWh of energy. In general, non-renewable fuels were the largest energy source in the sector, while renewables and electricity only accounted for around 42 TWh of energy used.
- The French fuel cell market is propelled by the venture capital investments by private organizations and those involved in the adoption and implementation of fuel cells in the country. The world's first hydrogen-powered bus rapid transit (BRT) system was deployed in the city of Pau in the south of France.
- Keolis, a French public transport operator, has worked in partnership with local transport operators on the project launch and is providing technical assistance for the operation of eight additional hydrogen-powered BRTs.
- In July 2022, Paris authorities announced their plans to launch tenders for about 47 fuel cell buses with deployment by the end of 2023 in the Ile-de-France region. The procurement requires an investment of about EUR 48 million. Seven hydrogen buses have already been deployed in the region in the framework of a pilot launched in 2019.
- Hence, the transportation sector is expected to dominate the market due to the increasing technological innovations and rising private player involvement.
France Fuel Cell Industry Overview
The French fuel cell market is moderately fragmented in nature. Some of the major players in the market (in no particular order) include Ballard Power System Inc., Toshiba Fuel Cell Power System Corporation, Fuelcell Energy Inc., Powercell Sweden AB, and Plug Power Inc.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2027
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.2 Restraints
4.6 Supply Chain Analysis
4.7 PESTLE Analysis
5 MARKET SEGMENTATION
5.1 Application
5.1.1 Portable
5.1.2 Stationary
5.1.3 Transport
5.2 Fuel Cell Technology
5.2.1 Polymer Electrolyte Membrane Fuel Cell (PEMFC)
5.2.2 Solid Oxide Fuel Cell (SOFC)
5.2.3 Other Fuel Cell Technologies
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 Ballard Power System Inc.
6.3.2 Symbio Fcell SA
6.3.3 Fuelcell Energy Inc.
6.3.4 Powercell Sweden AB
6.3.5 Plug Power Inc.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.