Fuel Cell Technology Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1062 | Report Format : | Status : Upcoming |

Abstract

Global Fuel Cell Technology Market: Overview

Energy produced by the device after conversion from chemical to electrical due to chemical reaction of positively charged hydrogen ions with oxidizing agent is known as fuel cell. Fuel cells need continuous feeding of fuel or air to retain the reaction.

Global Fuel Cell Technology Market: Segmentation

The global fuel cell technology market is majorly segmented in two factors, by application and by its type. Further, based on the type it is segmented as direct methanol fuel cell (DMFC), solid oxide fuel cell (SOFC), phosphoric acid fuel cell (PAFC), polymer/proton exchange membrane (PEM) Fuel Cell, and molten carbonate fuel cells (MCFC).Owing do the developing technology and its advancements it is widely used in various application such as portable, stationary, and transportation. In addition, global fuel cell technology market is widely diversified into various regions which include North America, Europe, Asia Pacific, Middle East, Africa and Rest of the World.

Global Fuel Cell Technology Market: Growth Factors

Growing investment in the fuel cell sector for the advancement in the products is driving the growth of global fuel cell technology market. High demand of remote power application such as APU, consumer products, personal electronics products is also fueling the growth of the global market. Continuous research and development carried by organizations with an aim to develop hydrogen power solution and researchers focusing intensely to develop hybrid vehicle that can be powered by hydrogen is also boosting the growth of the global fuel cell technology market. Wide application of PEMFC in automobiles, data centers, backup power centers and forklifts is major segment responsible for the growth of the market. On the other side, high cost of fuel infrastructure and catalyst is hindering the market growth at some extent.

Global Fuel Cell Technology Market: Regional Analysis

Geographically, North America is leading the global fuel cell technology market and it is expected to retain its dominance owing to technological advancement and high utilization in the region. Asia-Pacific region is anticipated to grow rapidly due to large number of unit shipment. Major driver in Asia-Pacific is Japan and South Korea. Europe is projected to maintain competitive edge in coming future. 

Global Fuel Cell Technology Market: Competitive Players

Some of the major players contributing their efforts in terms of products and services include Aisin Seiki Co. Ltd., Ceramic Fuel Cells Limited, Kyocera, Panasonic Corporation, Toshiba Corporation, Plug Power Inc., Hydrogenics Corporation, Ceres Power Holdings PLC, Ballard Power Systems Inc., AFC Energy, Aisin Seiki Co. Ltd., Bloom Energy, Ceramic Fuel Cells Limited, and Fuelcell Energy.

Global Fuel Cell Technology Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Smart Entry System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2476 | Report Format:

Smart Entry System Market: Overview In the premium and the high-end cars, the new technology of the smart entry system is being used. With the help of this technology, the cars can be locked and unlocked without using keys. A digital key is used is coded with the help of the wireless communicati...Read More

Marine Ventilation Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2471 | Report Format:

Marine Ventilation Systems Market: Overview In any marine vessel be it a cruise or a warship marine ventilation system is of utmost importance. Designing a marine ventilation system can be very tough as it should provide comfort and offer efficient conditions for operation. It helps in sustainin...Read More

Rear Spoiler Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2453 | Report Format:

Rear Spoiler Market: Overview The rear spoiler can be referred as an automotive aerodynamic device. It helps in spoiling the adverse air movement across the vehicle body. When the spoilers are present at the front of the vehicles then they are called as air dams. Some spoilers are installed in t...Read More

Car Wash Detergents And Soaps Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2397 | Report Format:

Car Wash Detergents And Soaps Market: Overview Auto detailing is a process that makes the looks of the automobile better. It involves cleaning and waxing of the automobiles from top to bottom and from in and out. Automotive detailing process also includes car wash which makes use of the car wash...Read More

Ultralight Aircraft Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2391 | Report Format:

Ultralight Aircraft Market: Overview The ultralight aircrafts are specially designed basically for the recreational purposes, that is, for short distance flying. The ultralight aircrafts are alternatively also known as microlight aircrafts. The ultralight aircrafts definition, weight, and the sp...Read More

Choose License Type:
Latest Published Reports

View All Published Reports