Top 50 Fuel Cell Manufacturers & Suppliers in Germany 2022
The following table shows an excerpt of the 20 highest-revenue companies from the complete TOP 50 ranking.
TOP 20 Fuel Cell Suppliers Germany 2022 (Excerpt)
| Rank | Pursue | seat | Group revenue (million €) | Employees |
|---|---|---|---|---|
| 1 | Robert Bosch GmbH | Gerlingen-Schillerhöhe | 402.600 | 78.748 |
| 2 | ZF Friedrichshafen AG | Friedrichshafen | 157.549 | 38.313 |
| 3 | Bayerische Motoren Werke AG | Munich | 118.909 | 111.239 |
| 4 | Volkswagen AG | Wolfsburg | 117.600 | 250.200 |
| 5 | Daimler Truck AG | Leinfelden-Echterdingen | 99.849 | 39.764 |
| 6 | Schaeffler Technologies AG & Co. KG | Herzogenaurach | 82.981 | 13.852 |
| 7 | Mahle GmbH | Stuttgart | 77.015 | 10.933 |
| 8 | Freudenberg Fuel Cell e-Power Systems GmbH | Munich | 48.787 | 10.039 |
| 9 | Vitesco Technologies GmbH | regensburg | 37.488 | 8.349 |
| 10 | Nikola Iveco Europe GmbH | Ulm | 34.132 | 12.651 |
| 11 | MANN+HUMMEL GmbH | Ludwigsburg | 23.211 | 4.200 |
| 12 | Rheinmetall AG | Düsseldorf | 19.843 | 5.658 |
| 13 | Opel Automobile GmbH / Stellantis | Rüsselsheim | 13.223 | 13.212 |
| 14 | Linde Material Handling GmbH | Aschaffenburg | 12.000 | 3.520 |
| 15 | Röchling SE & Co. KG | Mannheim | 11.245 | 2.207 |
| 16 | Eberspächer Group GmbH & Co. KG | Esslingen | 10.600 | 6.000 |
| 17 | Schunk Carbon Technology GmbH | Zolling | 8.904 | 1.198 |
| 18 | BorgWarner Europe GmbH | Ketch | 6.953 | 2.495 |
| 19 | Dr.-Ing. K. Busch GmbH | Maulburg | 6.503 | 1.183 |
| 20 | VOSS Fluid GmbH | Wipperfürth | 6.500 | 719 |
Excerpt from the complete TOP 50 ranking, data as of September 2022. The figures shown are group or total company revenues, not the revenue share attributable to fuel cell products. The complete PDF contains all 50 companies, including product portfolio classification (vehicles, cells/stacks, bipolar plates, tanks/lines, valves, etc.). Source: MEYER INDUSTRY RESEARCH, Market Study Fuel Cell Suppliers Germany 2022.
Market study of fuel cell suppliers in Germany: Top 50 ranking in the automotive sector
The new market study "Fuel Cell Suppliers in Germany 2022" by MEYER INDUSTRY RESEARCH, published in September 2022, provides an overview of the 50 leading suppliers of hydrogen vehicles with fuel cell technology in Germany, their key figures, and the components and subsystems they manufacture. The study is available for free download on our website.
Which companies are among the leading fuel cell manufacturers in Germany?
The ranking is led by Robert Bosch GmbH, ZF Friedrichshafen AG, and BMW AG. Other leading fuel cell manufacturers and suppliers in Germany include Volkswagen, Daimler Truck, and Schaeffler, as well as specialized medium-sized companies and start-ups.
Which product segments are most frequently manufactured by fuel cell manufacturers?
Valves, expansion tanks, and control valves are the most frequently served product segments. Almost one in four of the top 50 companies is active in this area. Other important segments include vehicle manufacturing by OEMs, fuel cell and stack production, and tank and pipeline construction.
Are global players or mostly medium-sized companies represented in the ranking?
Both: Large Tier 1 automotive suppliers such as Bosch, ZF and Schaeffler are represented, as well as medium-sized hidden champions and start-ups that are positioning themselves in the emerging hydrogen market.
High degree of specialization among the 50 largest German fuel cell companies
High degree of specialization:
It is also striking that 36 of the top 50 companies specialize in one product area, while only four companies serve three or more product segments. This high degree of specialization is likely due to the relatively new technology and the associated increased development costs.
Key components:
Nearly one in four of the top 50 fuel cell suppliers develops and produces special valves, expansion tanks, or control flaps for fuel cell technology. Other frequently served product segments include complete vehicle assembly by OEMs in the passenger car and truck sectors, fuel cell and stack manufacturing, and tank and pipeline construction.
Baden-Württemberg, Bavaria and North Rhine-Westphalia are top fuel cell locations
The heart of Germany's fuel cell suppliers beats in three federal states: Three-quarters of the top 50 fuel cell suppliers are headquartered in Baden-Württemberg, Bavaria, or North Rhine-Westphalia. Baden-Württemberg alone accounts for more than a third of all top 50 headquarters locations. Besides Bavaria and North Rhine-Westphalia, Hesse and Lower Saxony each have four headquarters of leading manufacturers of components for hydrogen cars and trucks.
Christian Scherer, analyst at MEYER INDUSTRY RESEARCH and co-author of the study, comments: “As is generally the case in the automotive sector, the three industrially strong German states dominate the locations of Germany’s 50 fuel cell suppliers. This is not surprising, since many of the players come from the ‘conventional’ automotive sector. But the industry’s young start-ups are also locating around the established automotive industry hotspots to be close to potential customers.”
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