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Global Stationary Fuel Cell Market 2018-2022

Global Stationary Fuel Cell Market 2018-2022

  • April 2018
  • 119 pages
  • ID: 5394489
In this report:
This regional market is expected to ship ##.## MW of stationary fuel cells in 2022, growing at a CAGR of ##.##%.
This high efficiency is usually achieved at a high temperature of ##,## F-##,## F. The use of SOFC at ##% efficiency is expected to reduce GHG emission by two-fifths.
The market is expected to ship ##.## MW of stationary fuel cells by 2022, growing at a CAGR of ##.##%.

Summary

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About Stationary Fuel Cell

Fuel cells help in generating electricity through electrochemical reactions. These cells are used to power small devices and to produce electrical energy in large power plants. Stationary fuel cells are either connected to the main grid to provide additional power or to provide emergency backup while performing critical applications.

Technavio’s analysts forecast the global stationary fuel cell market to grow at a CAGR of 22.31% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global stationary fuel cell market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

Technavio’s report, Global Stationary Fuel Cell Market 2018-2022, 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
•Doosan Fuel Cell America
•FuelCell Energy
•PLUG POWER
•POSCO ENERGY

Market driver
• Rising energy consumption
• For a full, detailed list, view our report

Market challenge
• High fuel cell cost
• For a full, detailed list, view our report

Market trend
• Growing preference for self-generation
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 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?

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