Global fuel cell market size has been undergoing a speedy development and is likely to reach USD 11.54 billion by 2026. Increasing demand from stationary applications such as backup power systems, telecommunications network, utilities, and others is expected to drive the market growth over the coming years. Fuel cells generate only water and heat as byproducts thus lowering the adverse impact on the surroundings. These cells produce low noise levels, which is another important performance attribute.
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The report on “Global Fuel Cell Market” comprises market estimation with 2018 as the base year, 2016 & 2017 as the historical years, and 2019 to 2026 as the forecast period. The market size for each product, type, and application is provided in terms of revenue (USD Billion). The global fuel cell market report lays emphasis on the market competition among important manufacturers located in North America, Europe, Asia Pacific, Central & South America, Middle East & Africa.
Key trends such as market drivers, restraints, opportunities, and threats have been assessed to understand the impact on the global fuel cell industry size. Furthermore, the report comprises of Porters Five Forces Analysis and strategy framework on technological trends, agreements, partnerships, collaborations and joint ventures, acquisitions & mergers, new product launches, expansions, and others.
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Low-temperature fuel cells (LTFC) constituted over 40% of the global fuel cell market with proton-exchange membrane fuel cell (PEMFC) and direct methanol fuel cell (DMFC) sub-categories collectively accounting the largest revenue share in the year 2018. Key factors driving the demand of these fuel cell types include quick start up, lower operating temperature, and lower corrosion and electrolyte management problems. However, expensive range of catalysts and its sensitivity to fuel impurities is considered as a market growth hindrance.
Key factors driving the demand of High-temperature fuel cells (HTFC) category is its suitability for combined heat and power (CHP) and increased tolerance to fuel impurities. Nonetheless, their sensitivity to sulphur, long start-up time, and expensive catalyst is restricting its application in distributed generation systems. Molten carbonate fuel cell (MCFC) dominated the global High-temperature fuel cells market size in 2018.
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Global Fuel Cell Industry to Attract Automotive Sector in 2019
- Hyundai is all set to make the sale of its new Nexo-fuel-cell vehicle. The model is available in Blue and Limited edition with the Blue edition costing USD 59,345 and edition Limited USD 62,845. Furthermore, buyers will also get hydrogen fueling cards of worth USD 13,000.
- Toyota introduced semi-trucks operating on hydrogen fuel cell in a CES show organized by Consumer Technology Association
- PACCAR's Kenworth and Toyota have entered into a joint project to build Class 8 hydrogen fuel-cell semi tractors.
Key players in this market include Panasonic, Toshiba, Hydrogenics Corporation, Ballard Power Systems, Horizon Fuel Cell Technologies, Nedstack Fuel Cell Technology BV., Aisin Seiki Co., Ltd., FuelCell Energy, Inc., NUVERA FUEL CELLS, LLC, SFC Energy AG, Ceramic Fuel Cells, Ltd, Plug Power Inc., Bloom Energy, UTC Power Corporation, Doosan Fuel Cell America, and Arcola Energy.
Key segments of the global fuel cell market
Product Overview, 2015-2026 (USD Million)
- Low Temperature Fuel Cells (LTFC)
- Proton-exchange membrane fuel cell (PEMFC)
- Direct methanol fuel cell (DMFC)
- Alkaline Fuel Cell (AFC)
- High Temperature Fuel Cells (HTFC)
- Phosphoric acid fuel cell (PAFC)
- Molten carbonate fuel cell (MCFC)
- Solid oxide fuel cell (SOFC))
Application Overview, 2015-2026 (USD Million)
- Portable
- Stationary
- Transportation)
Regional Overview, 2015-2026 (USD Million)
- North America
- S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- Japan
- China
- Korea
- India
- Australia
- New Zealand
- Latin America
- Brazil
- Chile
- Argentina
- Middle East & Africa
- Saudi Arabia
- Qatar
- UAE
The Global Solid Oxide Fuel Cell Market research report offers an industry-wide analysis of the Solid Oxide Fuel Cell market to provide an accurate analysis of the market forecast for 2020-2027.
The report provides a thorough analysis of the growth trends along with the competitive landscape.
Along with this, the report also covers market size, volume, demands, current and emerging trends, market share, CAGR, and production and consumption rates.
The report strives to offer a comprehensive view of the global market and future growth prospects for the market.The report covers the current market dynamics of the Solid Oxide Fuel Cell industry on a global scale.
The key players profiled here include Ceres Power Holdings Plc., WATT Fuel Cell Corporation, Convion Fuel Cell Systems, Ceramic Fuel Cell Ltd., Bloom Energy, Elcogen, FuelCell Energy, Delphi, Atrex Energy, Protonex, and Redox Power Systems among others.The report also offers a panoramic view of the competition scenario through a thorough analysis of the key vendors and manufacturers operating in the Global Solid Oxide Fuel Cell Market in a bid to gain a robust footing in the market.
The comprehensive competition analysis covers industrial chain analysis, revenue contribution, production and manufacturing capacity, market share and size, profit margins, lucrative investment prospects, cost analysis, and strategic business decisions such as M activities, among others.The report divides the Solid Oxide Fuel Cell market based on types and applications/end-use to offer a complete understanding of the industry.
4 March 2019, The global fuel cell (FC) market is expected to exhibit solid growth on account of rising demand for unconventional energy sources.
Growing awareness of clean energy is boosting the growth of alternative energy sources.
Benefits of these cells, such as eco-friendliness, better efficiency, and durability, are expected to increase its adoption in the coming years.
High demand for portable devices and increasing applications in the transportation sector are expected to increase product demand in the coming years.
Use of these devices can reduce dependency on petroleum products, such as oil and diesel, which have increased environmental concerns due to their excessive emissions of CO2, CO, NOx, and Sox.Development of regenerative fuel cells as an alternative to rechargeable is likely to influence market growth positively.
These products can be refueled within shorter period than conventional batteries.
The latest trending report Global Stationary Fuel Cell Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Stationary Fuel Cell market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 28.7% in the forecast period of 2020 to 2025 and will expected to reach USD 15030 million by 2025, from USD 5475 million in 2019.The Stationary Fuel Cell market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/28024-stationary-fuel-cells-market-analysis-reportMarket segmentationStationary Fuel Cell market is split by Type and by Application.
For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value.
This analysis can help you expand your business by targeting qualified niche markets.By Type, Stationary Fuel Cell market has been segmented into 0-1 KW, 1-4 KW, > 4 KW, etc.By Application, Stationary Fuel Cell has been segmented into Residential, Telecommunications Network, Secure Communications, Other, etc.Regions and Countries Level AnalysisRegional analysis is another highly comprehensive part of the research and analysis study of the global Stationary Fuel Cell market presented in the report.
For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Stationary Fuel Cell market.The report offers in-depth assessment of the growth and other aspects of the Stationary Fuel Cell market in important countries (regions), including United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc.
It also throws light on the progress of key regional Stationary Fuel Cell markets such as North America, Europe, Asia-Pacific, South America and Middle East & Africa.Competitive Landscape and Stationary Fuel Cell Market Share AnalysisStationary Fuel Cell competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, Stationary Fuel Cell sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.
This report contains market size and forecasts of Solid Oxide Fuel Cell (SOFC) in global, including the following market information:Global Solid Oxide Fuel Cell (SOFC) Market Revenue, 2016-2021, 2022-2027, ($ millions)Global Solid Oxide Fuel Cell (SOFC) Market Sales, 2016-2021, 2022-2027, (K Wh)Global top five Solid Oxide Fuel Cell (SOFC) companies in 2020 (%) Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-solid-oxide-fuel-cell-2021-2027-369The global Solid Oxide Fuel Cell (SOFC) market was valued at 623.1 million in 2020 and is projected to reach US$ 1006.3 million by 2027, at a CAGR of 12.7% during the forecast period.MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Solid Oxide Fuel Cell (SOFC) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.Total Market by Segment:Global Solid Oxide Fuel Cell (SOFC) Market, By Type, 2016-2021, 2022-2027 ($ Millions) & (K Wh)Global Solid Oxide Fuel Cell (SOFC) Market Segment Percentages, By Type, 2020 (%)TubularPlanarOthersGlobal Solid Oxide Fuel Cell (SOFC) Market, By Application, 2016-2021, 2022-2027 ($ Millions) & (K Wh)Global Solid Oxide Fuel Cell (SOFC) Market Segment Percentages, By Application, 2020 (%)TransportationPortable & MilitaryStationaryGlobal Solid Oxide Fuel Cell (SOFC) Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions) & (K Wh)Global Solid Oxide Fuel Cell (SOFC) Market Segment Percentages, By Region and Country, 2020 (%)North AmericaUSCanadaMexicoEuropeGermanyFranceU.K.ItalyRussiaNordic CountriesBeneluxRest of EuropeAsiaChinaJapanSouth KoreaSoutheast AsiaIndiaRest of AsiaSouth AmericaBrazilArgentinaRest of South AmericaMiddle East & AfricaTurkeyIsraelSaudi ArabiaUAERest of Middle East & AfricaCompetitor AnalysisThe report also provides analysis of leading market participants including:Key companies Solid Oxide Fuel Cell (SOFC) revenues in global market, 2016-2021 (Estimated), ($ millions)Key companies Solid Oxide Fuel Cell (SOFC) revenues share in global market, 2020 (%)Key companies Solid Oxide Fuel Cell (SOFC) sales in global market, 2016-2021 (Estimated), (K Wh)Key companies Solid Oxide Fuel Cell (SOFC) sales share in global market, 2020 (%)Further, the report presents profiles of competitors in the market, key players include:Bloom EnergySiemens EnergyAisin SeikiMitsubishi Heavy IndustriesDelphiGEConvionFuelCell EnergyAtrex Energy, IncSOLIDpowerZTEKRedox Power SystemsCeresElcogenGet the Complete Report & TOC @ https://www.grandresearchstore.com/energy-and-natural-resources/global-solid-oxide-fuel-cell-2021-2027-369Table of content1 Introduction to Research & Analysis Reports1.1 Solid Oxide Fuel Cell (SOFC) Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Solid Oxide Fuel Cell (SOFC) Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Solid Oxide Fuel Cell (SOFC) Overall Market Size2.1 Global Solid Oxide Fuel Cell (SOFC) Market Size: 2021 VS 20272.2 Global Solid Oxide Fuel Cell (SOFC) Revenue, Prospects & Forecasts: 2016-20272.3 Global Solid Oxide Fuel Cell (SOFC) Sales (Consumption): 2016-20273 Company Landscape3.1 Top Solid Oxide Fuel Cell (SOFC) Players in Global Market3.2 Top Global Solid Oxide Fuel Cell (SOFC) Companies Ranked by Revenue3.3 Global Solid Oxide Fuel Cell (SOFC) Revenue by Companies3.4 Global Solid Oxide Fuel Cell (SOFC) Sales by Companies3.5 Global Solid Oxide Fuel Cell (SOFC) Price by Manufacturer (2016-2021)3.6 Top 3 and Top 5 Solid Oxide Fuel Cell (SOFC) Companies in Global Market, by Revenue in 20203.7 Global Manufacturers Solid Oxide Fuel Cell (SOFC) Product Type3.8 Tier 1, Tier 2 and Tier 3 Solid Oxide Fuel Cell (SOFC) Players in Global Market3.8.1 List of Global Tier 1 Solid Oxide Fuel Cell (SOFC) Companies3.8.If You Have Any Question Related To This Report Contact Us @ https://www.grandresearchstore.com/enquire-now/global-solid-oxide-fuel-cell-2021-2027-369CONTACT US:276 5th Avenue, New York, NY 10001, United StatesInternational: +1(646)-781-7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store
The latest trending report Global Fuel Cell Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Fuel Cell market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.The global Fuel Cell market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 19.5%% in the forecast period of 2020 to 2025 and will expected to reach USD 7620.3 million by 2025, from USD 3738.8 million in 2019.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/14053-fuel-cell-market-analysis-reportThe major players covered in Fuel Cell are:Bloom EnergyDoosanAisin SeikiPanasonicMitsubishiToshiba ESSPOSCO EnergyBallard Power SystemsPlug PowerFuelCell EnergyConvionHydrogenicsHorizon Fuel Cell TechnologiesSOLIDpowerCeres PowerBy Type, Fuel Cell market has been segmented into:PEMFCsSOFCMCFCPAFCOthersBy Application, Fuel Cell has been segmented into:TransportStationaryPortableThe report offers in-depth assessment of the growth and other aspects of the Fuel Cell market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Fuel Cell Market @ https://www.decisiondatabases.com/contact/download-sample-14053The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Fuel Cell product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Fuel Cell, with price, sales, revenue and global market share of Fuel Cell in 2018 and 2019.Chapter 3, the Fuel Cell competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Fuel Cell breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Fuel Cell market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Fuel Cell sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Fuel Cell Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-14053Other Reports by DecisionDatabases.com:Global Solid Oxide Fuel Cells (SOFCs) Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Direct Methanol Fuel Cell (DMFC) Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Protonic Ceramic Fuel Cell (PCFC) Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
