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Fuel Cell Market

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Global Fuel Cell Market Size 2018 By Product (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 (P
Adroit Market Research
Global Fuel Cell Market
Size 2018 By Product (Low Temperature Fuel Cells (LTFC) (Protonexchange 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)), By Application (Portable
Stationary, Transportation), By Region, and Forecast 2019 to 2026
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Adroit Market Research
Fuel Cell Market Size, Status and Forecast 2019-2025
• The 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.
• 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.
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Fuel Cell Market Size, Status and Forecast 2019-2025
• 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.
• 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.
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Fuel Cell Market Size, Status and Forecast 2019-2025
• 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.
• 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.
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Fuel Cell Market Size, Status and Forecast 2019-2025
• 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)
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Proton-exchange membrane fuel cell (PEMFC)
Direct methanol fuel cell (DMFC)
Alkaline Fuel Cell (AFC)
• High Temperature Fuel Cells (HTFC)
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Phosphoric acid fuel cell (PAFC)
Molten carbonate fuel cell (MCFC)
Solid oxide fuel cell (SOFC))
• Application Overview, 2015-2026 (USD Million)
• Portable
• Stationary
• Transportation)
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Fuel Cell Market Size, Status and Forecast 2019-2025
• Regional Overview, 2015-2026 (USD Million)
• North America
• U.S.
• Canada
• Europe
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Germany
UK
France
Italy
Spain
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Fuel Cell Market Size, Status and Forecast 2019-2025
• Regional Overview, 2015-2026 (USD Million)
• Asia Pacific
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Japan
China
Korea
India
Australia
New Zealand
• Latin America
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Brazil
Chile
Argentina
• Middle East & Africa
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Saudi Arabia
Qatar
UAE
South Africa
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Adroit Market Research is an India-based business analytics and consulting company. Our
target audience is a wide range of corporations, manufacturing companies, product/technology
development institutions and industry associations that require understanding of a market’s
size, key trends, participants and future outlook of an industry. We intend to become our
clients’ knowledge partner and provide them with valuable market insights to help create
opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At
our core, we are curious people who love to identify and understand industry patterns, create
an insightful study around our findings and churn out money-making roadmaps. Our analysts
have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals,
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customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for
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Simone singh
Simone singh45   documents Email
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