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Global Fuel Cell Market 2016-2020

  • November 2016
  • -
  • Infiniti Research Limited
  • -
  • 117 pages

Summary

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About Fuel Cell

Fuel cells produce electricity by utilizing the power generated from electrochemical reactions. They use external sources of chemical energy such as hydrogen and oxygen to produce energy. Electrochemical reactions in the fuel cells oxidize hydrogen, which reacts with oxygen to form water and release electrons. The electrons then flow through the external circuit producing an electric current. All fuel cells are based on a standard design, wherein two electrodes are separated by an electrolyte. The electrolyte carries electrically charged particles. A catalyst is used to speed up or accelerate the electrochemical reaction within the fuel cells. Fuel cells can be used in small devices that are powered by a few watts of electricity and also in large power plants that produce megawatts (MW) of electrical energy. Fuel cells are categorized by the nature of the electrolyte used in them.

Technavio’s analysts forecast the global fuel cell market to grow at a CAGR of 22.76% during the period 2016-2020.


Covered in this report
The report covers the present scenario and the growth prospects of the global fuel cell market for 2016-2020. To calculate the market size, the report enlists certain key estimates that we have considered for arriving at the market trends and certain exclusions that helped to demarcate the market contours.


The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Fuel Cell Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.


Key vendors
- Ballard Power Systems
- Bloom Energy
- Nuvera Fuel Cells
- SFC Energy


Other prominent vendors
- ACAL
- Acumentrics
- Aisin
- Altergy Systems
- Ceramic Fuel Cells
- Ceres Power
- Delphi Automotive Systems
- DMFCC
- Doosan Fuel Cell
- ElectroChem
- EnergyOr Technologies
- Enocell
- FuelCell Energy
- GE
- H2 Logic
- Horizon Fuel Cell Technologies
- Hydrogenics
- Infintium Fuel Cell Systems
- Intelligent Energy
- Johnson Matthey Fuel Cells
- Kyocera
- LG Fuel Cell Systems
- Mitsubishi Heavy Industries
- Neah Power Systems
- Oorja Protonics
- Panasonic
- Plug Power
- Proton Motor Fuel Cell
- Redox Power Systems
- Shanghai Everpower Technologies
- Symbio FCell
- Toshiba
- Ultra Electronics AMI


Market driver
- Growing demand for efficient and cleaner technologies.
- For a full, detailed list, view our report


Market challenge
- Competition from alternative technologies.
- For a full, detailed list, view our report


Market trend
- Increase in R&D investment and activities.
- For a full, detailed list, view our report


Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.



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