Ballard Power Systems Inc operates in the Electrical equipment & supplies sector. In addition to historical fundamental analyses, the complete report available to purchase compares Ballard Power with three other electrical equipment manufacturers in North America: Eguana Technologies Inc (2019 sales of 3.43 million Canadian Dollars [US$2.56 million] ), Orbital Energy Group Inc of UNITED STATES ($23.49 million of which 100% was Energy), and SCI Engineered Materials, Inc. which is also based in UNITED STATES ($12.95 million ).

Sales Analysis. Ballard Power reported sales of C$140.69 million (US$105.07 million) for the year ending December of 2019. This represents an increase of 12.1% versus 2018, when the company's sales were C$125.51 million. Despite this increase, sales are still below the level achieved in 2017, when Ballard Power reported sales of C$157.07 million. Sales of Technology Solutions- Market saw an increase that was more than double the company's growth rate: sales were up 45.7% in 2019, from C$51.43 million to C$74.92 million. Ballard Power also saw significant increases in sales in Material Handling- Market (up 36.8% to C$14.23 million) and Back Up Power- Market (up 25.2% to C$3.95 million) . Not all segments of Ballard Power experienced an increase in sales in 2019: sales of Portable Power- Market fell 91.3% to C$799,206.76 . Ballard Power also experienced decreases in sales in Heavy Duty Motive- Market (down 8.8% to C$46.79 million) .