Global Fuel Cell for Data Center Market Forecast 2025-2030: Growth at 16% CAGR Expected

Global Fuel Cell for Data Center Market Overview: 2025-2030

Base Year: 2024

Historical Years:  2020-23

Forecast Years: 2025-2030

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.

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Global Fuel Cell for Data Center Market Dynamics: 2025-2030

Global Fuel Cell for Data Center Market Driver:

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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Global Fuel Cell for Data Center Market (2025-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Fuel Cell Type

-Proton Exchange Membrane Fuel Cells (PEMFC) – Market Size & Forecast 2020-2030, KW

-Solid Oxide Fuel Cells (SOFC) – Market Size & Forecast 2020-2030, KW

-Molten Carbonate Fuel Cells (MCFC) – Market Size & Forecast 2020-2030, KW

-Phosphoric Acid Fuel Cells (PAFC) – Market Size & Forecast 2020-2030, KW

-Others (Alkaline Fuel Cells, Direct Methanol Fuel Cells, etc.) – Market Size & Forecast 2020-2030, KW

The Proton Exchange Membrane Fuel Cells (PEMFC) hold more than 40% share in the Fuel Cell for Data Center Marker Worldwide.

By Power

-Low Power (Less than 100 KW) – Market Size & Forecast 2020-2030, KW

-Medium Power (Between 100 – 1,000 KW) – Market Size & Forecast 2020-2030, KW

-High Power (Greater than 1,000 KW) – Market Size & Forecast 2020-2030, KW

By Application

-Primary Power Source – Market Size & Forecast 2020-2030, KW – Market Size & Forecast 2020-2030, KW

-Backup Power Source – Market Size & Forecast 2020-2030, KW – Market Size & Forecast 2020-2030, KW

-Combined Heat and Power (CHP) Systems – Market Size & Forecast 2020-2030, KW

-Grid Stabilization – Market Size & Forecast 2020-2030, KW

By Data Center Type

-Telecommunications – Market Size & Forecast 2020-2030, KW

-Internal Service Provider (ISPs) – Market Size & Forecast 2020-2030, KW

-Colocation Server Hosting Facilities (CoLo) – Market Size & Forecast 2020-2030, KW

-Server Farms – Market Size & Forecast 2020-2030, KW

-Corporate Data Centers – Market Size & Forecast 2020-2030, KW

-University/National Laboratory – Market Size & Forecast 2020-2030, KW

-Others – Market Size & Forecast 2020-2030, KW

By End Users

-IT and Telecommunication – Market Size & Forecast 2020-2030, KW

-Government – Market Size & Forecast 2020-2030, KW

-Healthcare – Market Size & Forecast 2020-2030, KW

-Others – Market Size & Forecast 2020-2030, KW

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. 

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Top Companies Operating in the Global Fuel Cell for Data Center Market:

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

Industry Recent Development:

• November 2024: Bloom Energy has signed a power supply agreement of up to 1 GW with American Electric Power.
• June 2024: ECL has announced that it has delivered the world’s first data center that uses hydrogen as its primary source at MV1, its facility in Mountain View, California.

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