Tourism Market Growth and Value Chain 2014-2020 by FMI

Global Tourism
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014-2020
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Report Description
•The global tourism market has a low level of concentration as there are large numbers of
international and local players in tourism market. The market for global tourism is highly
fragmented in nature. Aban Offshore Ltd., Accor Group, Crown Ltd., Balkan Holidays Ltd.,
Fred Harvey Company and G Adventures are some of the players in global tourism
market.

Report Description
The global tourism market is segmented on the basis of type, industry products, activities
involved and geography. On the basis of type, international tourism and domestic/local
tourism are the two major types of tourism market. Along with it, on the basis of purpose
of travel or tourism the market for global tourism is segmented into adventure tourism,
leisure business travel, conference or seminar travel, business tourism, visiting relatives
and friends. The companies providing tourism services offer various products and
services to their customer. Thus, the industry products included in the global tourism
industry are traveler accommodations, travel arrangement and reservations, air
transportation, other local transport such as car rental, food and beverage
establishments, recreation and entertainment, gasoline and other retail activities.
Further, the industry activities considered within the global tourism market include
traveler accommodation services, providing hospitality services to international tourists,
airline operation, automotive rental, travel agent and tour arrangement services.
Countries such as U.S., Germany and France are popular destinations for global tourism;
but in recent years other less well known countries from Asia and Africa have emerged as
destinations of interest for international travelers. Thus, tourism service providers are
realigning their services in order to reap the economic benefits from this trend
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Report Description
•Institutional organizations such as Sandia National Laboratories and the University of the
Basque Country (UPV/EHV) are constantly conducting extensive research in order to
improve the efficiency of fuel cells. Key players (manufacturers) in the industry adopt
strategies such alliances and partnerships to expand their product lines. Furthermore,
strategic alliances are helping market players to penetrate into relatively newer
application areas. Fuel cell manufacturers are also involved in enhancement of product
offerings. For example, Ballard Power Systems, Inc. and Plug Power, Inc. signed an
agreement to supply fuel cell stacks to Plug Power, Inc. for three years to be used in
forklift trucks. Fuel cell manufacturers are also involved in the operational expansion
through the setting up of new plants. Recently, Daimler AG and The Linde Group entered
into strategic alliance to build hydrogen fuelling stations in Germany. Such initiatives are
helpful to commercialize fuel cell application in the transportation sector. Furthermore,
fuel cell-powered vehicles require hydrogen filling stations, and with such initiatives, it is
possible to commercialize fuel cell-powered automobiles.
•
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•
•Dominant market participants in the fuel cell market are Toshiba Corporation, Panasonic
Corporation, Hydrogenics Corporation, Kyocera, AFC Energy, Ballard Power Systems, Inc.,
Ceres Power Holdings PLC, Aisin Seiki Co. Ltd., Ceramic Fuel Cells Limited and Doosan
Corporation.

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