Fuel cell Market: Expected to reach $8,643 million by 2022 from $2,894 million in 2015 at a CAGR of

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Publish Date : Dec 2016

No of Pages:106

Fuel Cell Market - Introduction Fuel Cell Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $8,643 Million by 2022, registering a CAGR of 17.36% during the period 2016 - 2022. In 2015, the proton exchange membrane fuel cells occupied two-fifths of the total share by volume.

Strict governmental regulations, increase in distributed power systems, and high efficiency of fuel cells are the major driving forces that will escalate the demand for fuel cells with applications in automation and power generation set ups. Unlike conventional power generation sources, fuel cells do not emit hazardous gases and pollution that is harmful to the environment.

Also, depletion of natural resources, carbon emissions, and rising cost of fossil fuels is paving the way for alternate means of transportation and power generation.

Therefore, both public and private sectors have taken continuous efforts to reduce carbon emissions and save fuel. Strict government regulations related to CO2 & SO2 emissions is driving the fuel cell market. In addition, the Go Green revolution is also driving the growth of the market.

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Fuel Cell Market Segmentation

Fuel Cell Market : Primary Respondents Breakdown

Norway Fuel Cell Market Size, 2014-2022 ($Million)

Fuel Cell Market - Key Benefits

 This report gives a detailed analysis about dynamic changes in the global fuel cell market along with fuel cell market share from various perspectives.  This report provides deep insights about the various opportunities present in the global fuel cell market.  Report provides details about the positioning of the global fuel cell market in different geographical segments.  This report entails the detailed quantitative analysis of current fuel cell market share and estimations through 2016-2022 that assist in identifying the prevailing market opportunities to capitalize on the global fuel cell market.  Comprehensive analysis of the factors that are driving and restraining the global fuel cell market growth are included.  Competitive intelligence of leading manufacturers and distributors of fuel cells mentioned in report helps in understanding the competitive scenario across the geographies.

Fuel Cell Market: Table of Contents

1.

INTRODUCTION

2.

EXECUTIVE SUMMARY

3.

MARKET OVERVIEW

4.

GLOBAL FUEL CELL MARKET, BY TYPE

5.

GLOBAL FUEL CELL MARKET BY APPLICATION

6.

GLOBAL FUEL CELL MARKET BY GEOGRAPHY

7.

COMPANY PROFILES

Fuel Cell Market Segment By Geography

North America, Europe, Asia Pacific, LAMEA

Company Profiles

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BALLARD POWER SYSTEMS INC. PLUG POWER INC. PROTON POWER SYSTEMS PLC ITM POWER PLC AFC Energy Plc FUEL CELL ENERGY INC. SFC ENERGY UNITED TECHNOLOGIES HYDROGENICS FUJI ELECTRIC INDIA PVT LTD.

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