—
Fuel Cell Technology Market analysis by Type (PEMFC, MCFC, SOFC, DMFC, PAF and Others), Application (Stationary, Portable and Transportation) and Region with Global Industry forecast to 2023.Fuel Cell Technology Key Players Analyzed in Report:
AFC Energy PLC; Ceres power Holdings PLC, Genport SRL, SFC Energy AG, TOPSOE Fuel cell, and Ned stack fuel cell Technology among others.
Get Free Sample “Fuel Cell Technology Market Report 2019” At: https://www.marketresearchfuture.com/sample_request/798
Market Highlights:
The fuel cell technology market is estimated to have a favorable growth at a 14.5% CAGR over the forecast period (2017-2024), reveals the latest Market Research Future (MRFR) report. Concerns over growing ecology issues are prompting the need for alternative energy generation sources that can output cleaner energy. Fuel cell delivers less or zero-emission without burning its fuel, which is allowing fuel cell technology to garner its market value with promising phenomenal future aspects.
Fuel cells are electrochemical cells which generate electric energy from fuel through an electrochemical reaction. They need a constant input of oxidizing agents (usually oxygen) and fuel to sustain the reactions which generate the electricity. MRFR, in its reports published, has details on market insights up to 2024, that fuel cell technology market has the potential to develop and expand with a fabulous CAGR in the coming years due to its applicability and reliability than other alternatives. These characteristics allow the technology to garner the most with an extensive uptake across the industries to generate the demand of the market.
Fuel cells are available in different types-polymer electrolyte membrane (PEM) fuel cell, phosphoric acid fuel cell (PAFC), solid acid fuel cell (SAFC), alkaline fuel cell (AFC), solid oxide fuel cell (SOFC), molten carbonate fuel cell (MCFC), and direct methanol fuel cell (DMFC). All fuel cells function on the same basic configuration- two electrodes and an electrolyte, but the fuel cells are different, mainly based on the type of electrolyte used.
The rise in crude oil along with the increasing demand for fuel cells from automobiles, power suppliers, residential builders, and electronic companies are immensely attributing to the fuel cell technology market. Regardless of the most promising attributes of fuel cell types existing in the market, PEM fuel cells are still witnessing a restricted uptake in the future for turning up to be an expensive option making affordable for the end-users.
Fuel Cell Technology Industry Segmentation:
The Market Research Future report offers a wide segmental analysis of the fuel cell technology market based on type and application.
Based on type, the fuel cell technology market is segmented into PAFC, DMFC, SOFC, MCFC, PEMFC, and others. Of these, the MCFC segment will have the largest share in the market over the forecast period. This is owing to the rapid growth of end-use industries and good investment.
Based on application, the fuel cell technology market is segmented into transportation, portable, stationary, and others. Of these, the stationary segment will dominate the market over the forecast period. This is owing to the use of direct current, flexibility to use different fuels, and high efficiency.
Regional Analysis:
The fuel cell technology has covered the regions of North America, Europe, APAC and the rest of the world.
A strategy proposed by Europe with The EU202 briefly focused on improving the infrastructure along with decreasing the cost of the fuel cells. This augments the demand for the fuel cell technology market.
On the other hand, Germany has a strong hold over the market having several small and large companies such as Siemens Westinghouse, and SFC Energy. These eventually are providing a futuristic scope for the fuel cell technology market to grow.
The Asia Pacific region has gained the most substantial revenue generator for fuel cell technology. Also, various government policies and regulations is another prominent factor that is allowing the market to achieve tremendous growth.
Table of Contents:
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Market Size Estimation
3.4 Forecast Model
3.5 List Of Assumptions
3.6 Limitations Of The Study
4 Market Insights
5 Market Dynamics
5.1 Introduction
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Porter’s Five Forces Analysis
5.5.1 Threat Of New Entrants
5.5.2 Bargaining Power Of Buyers
5.5.3 Bargaining Power Of Suppliers
5.5.4 Threat Of Substitutes
5.5.5 Intensity Of Rivalry
5.6 Value Chain/Supply Chain Analysis
6 Global Fuel Cell Technology Market, By Type
6.1 Introduction
6.2 PEMFC
6.2.1 Market Estimates & Forecast, 2017-2024
6.2.2 Market Estimates & Forecast, By Region, 2018-2024
6.3 MCFC
6.3.1 Market Estimates & Forecast, 2017-2024
6.3.2 Market Estimates & Forecast, By Region, 2018-2024
6.4 SOFC
6.4.1 Market Estimates & Forecast, 2017-2024
6.4.2 Market Estimates & Forecast, By Region, 2018-2024
6.5 DMFC
6.5.1 Market Estimates & Forecast, 2017-2024
6.5.2 Market Estimates & Forecast, By Region, 2018-2024
6.6 PAFC
6.6.1 Market Estimates & Forecast, 2017-2024
6.6.2 Market Estimates & Forecast, By Region, 2018-2024
6.7 Others
6.7.1 Market Estimates & Forecast, 2017-2024
6.7.2 Market Estimates & Forecast, By Region, 2018-2024
7 Global Fuel Cell Technology Market, By Application
7.1 Introduction
7.2 Stationary
7.2.1 Market Estimates & Forecast, 2017-2024
7.2.2 Market Estimates & Forecast, By Region, 2018-2024
7.3 Portable
7.3.1 Market Estimates & Forecast, 2017-2024
7.3.2 Market Estimates & Forecast, By Region, 2018-2024
7.4 Transportation
7.4.1 Market Estimates & Forecast, 2017-2024
7.4.2 Market Estimates & Forecast, By Region, 2018-2024
Continued…
List of Tables:
Table 1 Global Fuel Cell Technology Market, By Region, 2018-2024 (USD Million)
Table 2 North America Fuel Cell Technology Market, By Country, 2017-2024 (USD Million)
Table 3 Europe Fuel Cell Technology Market, By Country, 2017-2024 (USD Million)
Table 4 Asia-Pacific Fuel Cell Technology Market, By Country, 2017-2024 (USD Million)
Table 5 Middle East & Africa Fuel Cell Technology Market, By Country, 2017-2024 (USD Million)
Table 6 South America Fuel Cell Technology Market, By Country, 2017-2024 (USD Million)
Continued…
List of Figures
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 VALUE CHAIN ANALYSIS
Continued…
Browse more information on this report at: https://www.marketresearchfuture.com/reports/fuel-cell-technology-market-798
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: abhishek sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528,, Amanora Chambers Magarpatta Road, Pune, India.,
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/fuel-cell-technology-market-798
Release ID: 88896464
Google
RSS