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Energy & Power

Ballard Power Systems

Company Profile Analysis

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Ballard Power Systems - Energy & Power showcase

Year Founded & Workforce

Not available

Industry

Energy & Power

Services

B

Ballard Power Systems Overview

Ballard Power Systems is engaged in designing, developing, manufacturing, selling, and servicing fuel cell products for a variety of applications. It offers heavy-duty modules, fuel cell stacks, backup power systems, portable power systems, unmanned aerial vehicles, and material-handling products. The products and services offered by the company are used in heavy-duty motive power, materials handling, and marine and rail applications. Additionally, it provides technology solutions for engineering and technology transfer services. Furthermore, the company also provides licenses and offer intellectual property to suit various fuel cell applications.

Protonex Technology Corporation (US), Idatech (US), Ballard Power Systems Europe A/S (Denmark), Ballard Unmanned Systems, Inc (US), and Ballard Services Inc. (Canada) are some of the company’s subsidiaries. It markets its products in China, Germany, the US, Japan, Belgium, Denmark, the UK, the Netherlands, Canada, Taiwan, France, Poland, Finland, Norway, and Spain.

Strategy

The company focuses on strategic partnerships and acquisitions to increase its market presence. The company invests in the research & development of new technologies to diversify its business. The company also aims at strategic collaboration to broaden its product portfolio and enhance its production performance.

Company Snapshot

$28.807M

Revenue

SWOT Analysis

Strengths

  • Global presence
  • Strong strategic partnership
  • Superb Performance in New Markets
  • Strong Brand Portfolio

Weaknesses

  • Reducing sales
  • investment in research and development is low
  • Financial planning is not done properly and efficiently

Opportunities

  • Strategic acquisitions
  • Focus on R&D
  • New customers from online channel
  • Economic upstick and increase in customer spending

Threats

  • Intense competition
  • hanging consumer buying power
  • No regular supply of innovative products

Key Developments

DateApproachDevelopment
–PartnershipBallard Power Systems partnered with Porterbrook Leasing Company Limited, a participant in the rail leasing market to provide the FCveloCity-HD fuel cell module that can power the UK HydroFLEX train.
–AcquisitionBallard Power Systems acquired certain the strategic assets of AFCC, a private company owned by Daimler AG and Ford Motor Company. These assets consist of prototype production equipment, testing equipment, and lab and quality inspection equipment. This acquisition is expected to strengthen its position in the market.

Product Offering

  • Ballard Power Systems
    • Hydrogen Generation

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Ballard Power Systems as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Ballard Power Systems

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